Analysts: Microsoft Faces Pricing Pressures and 3 More Research Notes to Read Through
Microsoft (NASDAQ:MSFT): Stifel has downgraded Microsoft to Hold from Buy as the firm has increased concerns regarding pricing pressures and earnings headwinds from Windows S&M expenses. The firm lowered its estimates, and believes the first quarter and 2014 consensus estimates are too high given the substantial Windows challenges.
SINA Corp. (NASDAQ:SINA): Brean Capital has raised SINA’s price target to $99 from $68 following strong second-quarter results and robust Weibo growth outlook. The firm sees meaningful operating leverage driven by Weibo acceleration, and reiterates its Buy rating.
Education Management (NASDAQ:EDMC): Barrington has raised its price target for Education Management to $9 from $7, citing improving underlying trends after the company’s better-than-expected fourth-quarter results. The firm maintains an Outperform rating on the stock.
Alliance Data (NYSE:ADS): Deutsche Bank raised its price target for Alliance Data to $240 from $205 after meeting with company chief financial officer Charles Horn. Deutsche says Horn remains positive on the company’s accelerated growth in the Private Label and Epsilon. The firm keeps a Buy rating on the stock.