Analysts: Visa’s Core Trends Are Encouraging and 3 More Research Notes to Check Out
Visa Inc. (NYSE:V): Stifel notes that Visa’s fourth-quarter results came in below the firm’s estimates, but the firm found the company’s core trends encouraging and keeps a Buy rating on Visa stock while raising the price target on the name to $255 from $217.
Expedia Inc. (NASDAQ:EXPE): Cantor increased its price target on Expedia to $70 from $65 after the company reported stronger-than-expected third-quarter results, and the firm keeps a Buy rating on Expedia stock.
First Solar Inc. (NASDAQ:FSLR): Deutsche Bank believes First Solar’s third-quarter results could act as a potential negative catalyst given the recent rally in shares and the risk of project push-outs; the firm keeps a Hold rating on First Solar stock, and it carries a $42 price target.
BorgWarner Inc. (NYSE:BWA): RW Baird raised its price target on BorgWarner following third-quarter results, noting expectations for an increased order backlog, revenue and earnings growth, and accelerating cash deployment; BorgWarner stock is Outperform rated.
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