Analysts: Microsoft Overhaul Will Quicken Innovation and 3 More Research Notes to Check Out
Microsoft (NASDAQ:MSFT): Stifel believes that Microsoft’s reorganization will enable the company to innovate more rapidly while simultaneously streamlining its operations. The firm keeps a $38 price target and Buy rating on the stock.
VOXX International (NASDAQ:VOXX): B. Riley increased its price target to $18 from $14 on the company following its higher-than-expected first quarter EPS. The firm thinks the company has several positive catalysts, and it keeps a Buy rating on the stock.
Netflix (NASDAQ:NFLX): Barclays still thinks that Netflix will report strong subscriber trends due to increased original content, increased penetration growth of smartphones, streaming media players, connected TVs, and improved brand building. The firm has an Overweight rating on the shares, with a price target of $250, up from $220.
Coca-Cola (NYSE:KO): Wells Fargo reduced its second-quarter earnings per share estimates for Coca-Cola based on what the firm sees as overexposure to challenged markets, its exposure to the challenging North American carbonated soft drink market, and more aggressive promotions. The firm still keeps a positive long-term outlook on the stock.