Facebook (NASDAQ:FB): JMP Securities has written in a note that Facebook’s Home initiative could lead to improved user engagement. The firm thinks that the company’s recent projects are making the website more personal and relevant to users. However, it maintains its Market Perform rating on the share because of growing investments.
Hess Corp. (NYSE:HES): According to Citigroup, shares of Hess Corp could move up to $82 if Elliot Management is able to get all of its nominees elected to the board. The analysts believe that the best way for Hess shareholders to maximize their value is through the election of Elliot’s nominees to the board. They see downside risk if Hess management win the proxy fight. The firm has raised its price target to $82 from $67.50 while keeping a Buy rating.
JPMorgan (NYSE:JPM): Evercore has upgraded JPMorgan to Overweight from Equal Weight due to favorable risk/reward, healthy fundamentals, and leverage to an improvement in capital markets activity. The current price target on the stock is $55.
KEYW Holding Corp. (NASDAQ:KEYW): After meeting with KEYW management, Sterne Agee thinks that investors should buy the stock on weakness related to budget cuts and the company’s build out of commercial infrastructure. The firm thinks that the stock could surpass its $16 price target later this year as the company announces additional “Project G” customers. It maintains a Buy rating.
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