Analysts: Google Will Ride YouTube Momentum and 3 More Research Notes to Check Out
Google (NASDAQ:GOOG): JPMorgan has raised its price target from $860 to $1,025, citing increased confidence in search pricing and continued momentum for YouTube. The firm keeps an Overweight rating on the stock.
Micron (NASDAQ:MU): Bernstein increased its target to $20 from $14 on Micron, as the firm expects DRAM prices to continue to strengthen. Bernstein also expects the company’s EPS to reach $2.62 in 2014, and it keeps an Outperform rating on the shares.
ChipMOS (NASDAQ:IMOS): Cowen raised its price target on ChipMos to $25 from $22.50 ahead of its listing in Taiwan. The company is expected to repurchase shares in the US listed entity, but it could also use the proceeds to repurchase the Thailin stake that it owns in the company. Shares are Outperform rated.
Heartland Payment (NYSE:HPY): RW Baird believes Heartland Payments could see upside over the coming weeks based on solid fundamental trends, margin levers, and recent buybacks. The firm rates the shares at Outperform, and has raised its price target on the stock from $40 to $42.
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