GE Stock Lifted at Barclays, MSFT a Long-Term Hold, Gannett and Oracle Positive
On Wednesday, the U.S. financial markets are relatively flat on a quiet trading morning. European worries continue to weigh on the minds of investors and traders. Analysts in the brokerage community released their latest reviews of the following companies:
General Electric Co. (NYSE:GE): Barclays raised General Electric target from $20 to $22. Barclays believes in 2012 General Electric will outdo its peers citing the company’s late cycle business mix and service aftermarket strength. Barclays rates Overweight.
Microsoft Corporation (NASDAQ:MSFT): Oppenheimer says second and third quarter will be declining for Microsoft Windows. The personal computer market has become even more challenging than thought previously, according to Oppenheimer. The firm think Microsoft could pull back from recent gains, but still recommends the company for the long-term.
Gannett Co., Inc. (NYSE:GCI): UBS says Gannett is a Short-Term Buy, citing improving print trends and shareholder actions. The firm still has long-term concerns maintaining its Neutral rating, but raises target from $10 to $15.
Oracle Corp. (NASDAQ:ORCL): Credit Suisse names Oracle one of its Software Top Picks for 2012. Credit Suisse released its picks for 2012; top large-cap is Oracle (NASDAQ:ORCL), then Microsoft (NASDAQ:MSFT) and SAP (NYSE:SAP); top mid-caps stocks are NetSuite (NYSE:N), VMware (NYSE:VMW), and VeriSign (NASDAQ:VRSN).
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