Analysts: Facebook Positioned For Mid-Term and 3 Other Research Notes to Check Out
Facebook (NASDAQ:FB): Piper Jaffray believes that Facebook could report a Q1 miss on Wednesday, and it could be off by 1 or 2 percent. Piper says that the company’s core ad revenue growth may not have accelerated as fast as analysts believe, although it does think that Facebook is positioning itself for sustained mid-term growth through mobile investments. It keeps an Overweight rating on the shares.
Rovi (NASDAQ:ROVI): Brean Capital continues to see upside potential for the company, which is gearing up to report its Q1 results on Wednesday. The firm believes the DivX business is back on track, and expects more positive indications on DivX to push shares higher. It rates the stock a Buy, with a $26 price target.
Range Resources (NYSE:RRC): Brean Capital finds the sell-off of Range shares to be overdone, noting maintained guidance, performance well above the current curve estimate, and additional catalysts beyond 2013. It rates the shares a Buy with an $85 price target.
Unilever (NYSE:UL): Bernstein believes that following lower than expected Q1 sales volume and organic sales growth, the company can meet its reiterated guidance. It rates the shares at Outperform.
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