Analysts: Google’s Ad Spending Is On Target and 2 Other Analyst Notes To Look Into
Google (NASDAQ:GOOG): Goldman believes that ad spending appears to be in line for the quarter, as indicated by channel checks. The firm is forecasting standalone revenue of $13.29 billion, above the consensus of $12.95 billion. Goldman continues to expect pressure from the increasing percentage of mobile queries combined with smartphone and tablet offerings, and rates the shares Neutral with a $760 price target.
Monsanto (NYSE:MON): Piper Jaffray’s checks have revealed a tight glyphosate market, which the firm considers as being incrementally positive and reiterated its Overweight rating with a $133 price target.
Total (NYSE:TOT): Bernstein is expecting Total’s valuation to rise, as its free cashflow increases over the next several years. The firm noted that the company’s dividend can increase, and kept an Outperform rating on the stock.
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