Equity Insights May 3rd: Macquarie Infrastructure, IAC/InterActiveCorp, Changyou.com, Inergy Midstream, Chesapeake
Chesapeake Energy Corporation (NYSE:CHK): Chesapeake price target cut to $26 from $35 at Canaccord.
Macquarie Infrastructure Company LLC (NYSE:MIC): Oppenheimer increased its target on Macquarie after the company raised its annual dividend to $2 per share, versus expectations of a $1.50 annual dividend. The firm thinks that the company’s fundamentals remain strong ,and it maintains an Outperform rating on the stock.
IAC/InterActiveCorp. (NASDAQ:IACI): After InterActiveCorp delivered a beat and raise quarter but investors were disappointed by the company’s search guidance, Oppenheimer thinks that the search guidance was conservative, and not based on a specific forecast for Q4. The firm raised its target on the shares to $63 from $60 and reiterates an Outperform rating.
Changyou.com Limited (NASDAQ:CYOU): Brean Murray raised its price target on Changyou.com following solid Q1 results. The firm cited higher revenue guidance, solid growth in core gaming, and multiple games in the pipeline. Shares are Buy rated.
Inergy Midstream LP (NYSE:NRGM): Inergy Midstream reports Q2 EPS 18c, consensus 18c.
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