JP Morgan Lifts Disney Estimates, Oppheimer Says Buy Microsoft

Walt Disney Co.(NYSE:DIS): JP Morgan raised its estimates and price target for Disney despite its expectations that the company’s Q1 results will be mixed citing an attractive outlook. The firm maintains an Overweight rating on Disney shares.

Microsoft Corporation(NASDAQ:MSFT): After Microsoft reported higher than expected Q2 EPS, Oppenheimer continues to recommend buying the stock.

Johnson Controls Inc.(NYSE:JCI): ThinkEquity reduced its target on Johnson Controls after the company reported weaker than expected Q1 results. The firm believes the company merits a lower multiple partly due to macro uncertainty in Europe, but maintains a Buy rating on the stock. Lazard Capital views the pullback in shares of Johnson Controls post the company’s Q1 results as a buying opportunity. The firm reiterates a Buy rating on the name with a $45 price target.

Almost Family Inc.(NASDAQ:AFAM): Jefferies lowered its FY12 earnings estimate for Almost Family to $1.66 from $1.88 citing continued volume weakness and the company’s higher Medicare rate cut exposure. The firm believes the consensus estimate of $1.77 appears high and maintains a Hold rating Almost Family, while dropping its price target for shares to $18 from $19.

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