Facebook Expectations Viewed as Lofty and 4 Stock Analyses to Note
VMware, Inc. (NYSE:VMW): Current Price: $79.39
Deutsche Bank decided to reduce its price target for VMware due to the company’s Q4 results, but it keeps its Buy rating on the stock. According to the firm, VMware set modest expectations for Q1 as it indicated that macro conditions continue to be challenging and it announced a headcount reduction of 900.
Facebook, Inc. (NASDAQ:FB): Current Price: $31.60
According to Deutsche Bank, its survey of buyside estimates show that revenue expectations have surpassed $1.6 billion for Facebook’s Q4, which is seen by the firm as lofty. Deutsche is convinced that investors could possibly get a chance to buy shares of Facebook lower after the Q4 results if revenue missed the heightened expectations. The firm gives the stock a Buy rating with a $40 price target.
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Dunkin’ Brands Group Inc (NASDAQ:DNKN): Current Price: $36.03
Dunkin’ Brand estimates have been raised by UBS due to faster unit development, innovation, customer loyalty, and digital initiatives than predicted. Shares have a Buy rating.
Hershey Co. (NYSE:HSY): Current Price: $77.36
According to Citigroup, Hershey is likely to report strong Q4 results on January 31 and the firm sees significant upside potential to 2013 consensus estimates. The firm decided to increase its 2013 earnings estimate by 4c to $3.60 as it raised its price target for shares to $89. Citi keeps its Buy rating on the stock.
Illumina Inc. (NASDAQ:ILMN): Current Price: $51.00
Cowen views Illumina as being well set-up for the rest of 2013 after its Q4 results. Also, the firm noted few surprises on the call, but it claimed that company guidance left room for upside both on the top and bottom line. The firm gives the stock an Outperform rating.
Don’t Miss: Full Steam Ahead for Facebook Bulls.