Groupon’s Growth REMAINS Flat and 4 Stock Analyses Trending Now
Groupon Inc (NASDAQ:GRPN): Ascendiant Capital believes shares of Groupon may decline further on uncertainties relating to staff turnover and competition. The firm said its proprietary channel checks indicate that daily deals industry sales growth remains relatively flat so far in Q3, and it keeps a Sell rating on the stock.
Don’t Miss: FAIL! Nasdaq Flubs Facebook Fix.
Gulfport Energy Corp. (NASDAQ:GPOR) price target has been increased by Wunderlich following meetings with management due to increased confidence in the company’s Utica position. The firm maintains a Buy rating on the stock.
Baidu, Inc. (NASDAQ:BIDU): Piper Jaffray thinks that the 14 percent sell-off last week in shares of Baidu due to news that Qihoo 360 (NYSE:QIHU) launched a competitive new search engine and captured 10 percent share in the Chinese search market is overdone. Piper believes that Baidu is still offering a superior search experience to any Chinese competitor and believes that the stock pullback is a buying opportunity. The firm keeps an Overweight rating and a $200 price target on the stock.
Apple Inc. (NASDAQ:AAPL): According to Piper Jaffray, the patent ruling in the Apple versus Samsung case will probably meaningfully change the smartphone landscape. Piper predicts that Samsung will keep offering competitive phones to the iPhone in the U.S. along with other markets. The firm keeps believing that the iPhone global smartphone share will rise from 20 percent in 2012 to 32 percent in 2015. Piper maintains an Overweight rating and a $910 price target on the stock.
Bed Bath & Beyond, Inc. (NASDAQ:BBBY): Barclays still views Bed Bath & Beyond as one of the most attractive plays in the group due to cash flow and earnings growth and is still comfortable with its above Street estimates. Shares have an Overweight rating with a $76 price target.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.