Analysts: Google’s Gearing Up For A Strong Q1 and 3 Research Notes to Check Out
Google (NASDAQ:GOOG): Analysts at Pacific Crest seem to be gearing up for stronger than expected first quarter results from the web giant, and have accordingly recommended to investors that they purchase shares of the company prior to the release of the Q1 numbers. Citing that the company’s bottom line benefited from lower than expected-loss making hardware sales, the firm added that it does not plan to reduce Google’s 2013 FY results. Pacific Crest maintains an Outperform rating on the stock.
LivePerson (NASDAQ:LPSN): Roth Capital has stated that both revenue and margins will increase significantly starting next year, following a discussion with LivePerson’s CEO. The firm maintains its Buy rating on the stock.
Fortinet (NASDAQ:FTNT): Stifel is recommending that investors use the current stock weaknesses as a buying opportunity, following weaker than expected Q1 results. It retains a Buy rating on the shares, and believes the company could be viewed as a valuable takeover candidate.
Maxim Integrated (NASDAQ:MXIM): With an Outperform rating on its shares, RBC Capital thinks Maxim will benefit from a sooner than anticipated near-full utilization of its internal fab, while its gross margin increases will accelerate.