Analysts: Facebook Worries Are Overdone and 4 New Opinions Investors Must Take a Peek At
F5 Networks, Inc. (NASDAQ:FFIV): After the firm conducted checks, MKM Partners believes that F5 will report solid Q2 results along with providing strong Q3 guidance. The firm predicts that the Q2 results will be roughly in-line with analysts’ consensus estimate at the high end of the company’s guidance, and MKM keeps its Buy rating on the stock.
Fidelity National Information Services, Inc. (NYSE:FIS): Baird decided to increase its price target on FIS as it keeps finding the risk/reward attractive at current levels. The firm also noted that the shares trade at a discount to its peers despite consistent earnings growth of over 10 percent. The firm gives the shares an Outperform rating.
Global Payments Inc. (NYSE:GPN): According to Baird, any weakness in Global Payments after its weak Q3 results should be used as a buying opportunity as they consider the all-time low valuation an attractive risk/reward. The firm continues to see potential for over 10 percent earnings growth, and it thinks that a market multiple is possible over time. The firm gives the shares an Outperform rating and a $57 price target.
Facebook, Inc. (NASDAQ:FB): JPMorgan recommends purchasing Facebook shares after the recent weakness, and it keeps its Overweight rating on the stock. The firm believes that concerns of competing social services taking user engagement share away from Facebook are overdone. JPMorgan thinks that Instagram, Twitter, and other services are having only a minimal impact on time spent on Facebook, and it says that it continues to be comfortable with its Q1 estimates.
Noble Energy, Inc. (NYSE:NBL): After a management meeting, UBS decided to increase Noble’s price target noting the smooth ramp at the Tamar field, conservative guidance, upcoming project sanctions, material upside from Niobrara, and upcoming exploration prospects to be drilled during the year. The firm gives Nobel a Buy rated and names it as a top pick.
Don’t Miss: Here are the Top 5 Blue-Chips of the Year.