Analysts: Microsoft Has Catalysts Coming and 3 Other Research Notes to Check Out
Microsoft (NASDAQ:MSFT): The release of Windows 8.1, a stabilization of the PC market, and the launch of Windows devices costing less than $500 are all catalysts for Microsoft, according to Stifel, which raised its price target from $36 to $38 and kept its Buy rating on shares.
Royal Caribbean (NYSE:RCL): Citing stronger-than-expected earnings and an attractive valuation, Argus has raised its price target to $44 from $40 for Royal Caribbean. It also maintains Buy rating on the shares.
Google (NASDAQ:GOOG): Morgan Stanley has raised its price target on Google from $932 to $996 on the belief that the company’s focus on video advertising dollars and YouTube will generate operating income of $5 billion by 2020. It rates the shares Overweight.
Expedia (NASDAQ:EXPE): Cantor finds that Expedia’s Chinese subsidiary is continuing to gain market share, while there was still room for accelerated quarter-over-quarter growth in the company’s other international markets. It keeps its price target of $75, as well as a Buy rating.