Hershey Ranked as Top Pick and 3 Stock Analyses Making Rounds
Center Bancorp Inc. (NASDAQ:CNBC): Current Price: $11.74
After the firm met with Center Bancorp’s management, Sterne Agee predicts that the bank’s profitability and credit quality will see improvement, which in turn, will push the stock higher. The firm keeps its Buy rating and a $13 price target on the stock.
Google Inc. (NASDAQ:GOOG): Current Price: $740.54
After it conducted checks, Pacific Crest thinks that Google will experience benefits due to a decrease of the price gap between mobile and desktop ads during 2013, along with reporting solid results for 2013. The firm predicts that hardware sales may possibly cause Google to report lower Q4 EPS than previously expected, but it thinks that investors are underestimating the company’s advertising opportunity. The firm recommends buying the stock.
Hershey Co. (NYSE:HSY): Current Price: $75.36
JPMorgan has named the company as its top pick for 2013 in Food Manufacturing and Retail when considering its predictions regarding margin expansion and its confidence in the Hershey’s Brookside brand. The firm decided to reiterates its Overweight rating and increased its price target to $88 from $86 on the stock.
eBay Inc. (NASDAQ:EBAY): Current Price: $52.87
Pacific Crest predicts that the company will announce in-line Q4 results and 2013 guidance, but it also thinks that eBay has a strong outlook for 2013 and 2014. The firm is convinced that the company is taking share in e-commerce, and it recommends purchasing additional shares on any weakness caused by results.
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