Google (NASDAQ:GOOG): ITG Research says that Google’s third quarter gross advertising revenue is tracking to $12.42 billion-$12.52 billion, slightly below the $12.53 billion Street estimate.
Target (NYSE:TGT): Cleveland Research said Target’s July sales trends are at the low end and slightly below guidance of up 2 percent-3 percent, similar to the retailer’s June results.
Cree (NASDAQ:CREE): Needham believes Cree’s fourth quarter results do not change the company’s long-term growth story and has lowered its price target for shares to $74 from $80, but says Cree’s first quarter outlook looks conservative and that its gross margins should recover. The firm keeps a Buy rating on the stock.
Halliburton (NYSE:HAL): Bernstein views Halliburton’s as undervalued based on a market multiple, DCF analysis, and at a discount to Schlumberger. The firm reiterates its Outperform rating and $54 price target.
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