Equity Analyst Alerts: Activision Blizzard, Sigma-Aldrich, Shire, Expedia

Activision Blizzard, Inc. (NASDAQ:ATVI): Brean Murray raised its price target on Activision Blizzard following Q4 results. The firm cited strong execution of its new games, conservative guidance, and growing pipeline. Shares are Buy rated.

Sigma-Aldrich Corporation(NASDAQ:SIAL): Baird raised its price target on Sigma-Aldrich following Q4 results citing improved sales trends, increased gross margins, and recent capacity expansion. Shares are Outperform rated.

Shire plc (NASDAQ:SHPGY): Baird raised its price target on Shire following strong Q4 results. The firm cited its pipeline, macro improvement, and constructive guidance. Shares are Outperform rated.

Expedia Inc.(NASDAQ:EXPE): After Expedia reported weaker than expected Q4 results, Stifel Nicolaus believes that the company’s fundamentals will rebound in 2H12 and FY13. The firm raised its target on the stock to $38 from $35 and maintains a Buy rating.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com