Analysts: Google’s Chrome Will Gain Momentum and 3 More Research Notes to Investigate
Google (NASDAQ:GOOG): RW Baird has raised its price target on Google from $830 to $1,025, after the company’s performance at the Google I/O conference. The firm thinks Chrome continues to gain momentum, and that yesterday’s event highlighted Google’s technology advantages. It keeps an Outperform rating on the name.
Constellation Brands (NYSE:STZ): Accelerating high-end beer sales and positive distributor and supplier checks that indicate low-single digit price increases in spirits have urged Stifel to upgrade Constellation from Hold to Buy, with a price target of $64.
Chesapeake Energy (NYSE:CHK): RW Baird has downgraded Chesapeake Utilities from Outperform to Neutral, citing accelerated infrastructure investments needed to support new natural gas fired generation. It keeps its price target at $56.
Boeing (NYSE:BA): Citigroup is anticipating consensus estimates for Boeing to swell, after next week’s investor day, as management highlights the company’s margin expansion opportunities. The firm raised its price target from $105 to $112, and keeps its Buy rating on the firm.
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