Google (NASDAQ:GOOG): CLSA has raised its price target on Google to $1,100 from $1,000, as the company continues to make progress on mobile monetization during the seasonally slower quarter. The firm is confident in its ability to improve mobile conversions over time, and keeps the shares Buy rated.
News Corp. (NASDAQ:NWSA): Argus believes that News Corp.’s shares will ”take a technical hit” after the spinoff in the short-term, but will benefit in the long run from the separation of its publishing assets from its entertainment media assets on June 28. It keeps a Hold rating on the stock.
Expedia (NASDAQ:EXPE): Cantor believes that various data points including strong April and May paid click volume growth on the travel site will bode well for the company’s Q2 results. The firm keeps a $75 price target and Buy rating on the shares.
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