Facebook Target LOWERED and 4 Stock Analyses Sparking Chatter
Hershey Co. (NYSE:HSY) is believed by Credit Suisse to be in the best position to benefit from input cost deflation because of lower costs of cocoa and sugar. The firm mentions Hershey’s significant pricing and market share gains. Shares have an Outperform rating.
Riverbed Technology, Inc. (NASDAQ:RVBD): Following meetings with Riverbed’s management, ThinkEquity gains positivity regarding the company’s near-term demand trends, product cycle traction, and competitive positioning. The firm maintains a Buy rating on the stock.
Facebook, Inc. (NASDAQ:FB) estimates have been reduced by JPMorgan due to lowered expectations for Payments revenue and overall profitability. However, JPMorgan believes that the risk/reward remains attractive for shares of Facebook, and it keeps an Overweight rating on the stock, although it lowered its price target to $30.
Facebook, Inc. (NASDAQ:FB) price target has been reduced by Morgan Stanley because of increased mobile usage and recent declines in user engagement. Share have an Overweight rating.
Greenhill & Co., Inc. (NYSE:GHL) target has been increased by Susquehanna due to an improving backlog, a favorable deal environment, and lack of vulnerability to regulatory pressures. Shares have a Positive rating.
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