Nasdaq, Zynga, Chipotle Among Stock Receiving New Ratings and Price Targets Today
Nasdaq OMX Group Inc. (NASDAQ:NDAQ): UBS believes NASDAQ OMX diversified business mix, valuation, and willingness to return capital make it a top pick in the exchange sector. Shares are Buy rated with a $29 price target.
Zynga (NASDAQ:ZNGA): Piper Jaffray believes Facebook’s preliminary prospectus provides a positive read through to Zynga. The firm sees an expanding addressable market opportunity for Zynga due to Facebook’s growing user base and reiterates an Overweight rating on the stock with an $11 price target.
Chipotle Mexican Grill, Inc.(NYSE:CMG): UBS raised Chipotle’s price target and Q1 same store sales estimate following Q4 results. The firm maintains its above consensus 2012-2013 estimates but said valuation upside is limited. Shares are Neutral rated.
CommVault Systems, Inc. (NASDAQ:CVLT): After CommVault reported stronger than expected Q3 results, ThinkEquity raised its target on the stock to $54 from $50 and maintains a Buy rating on the shares.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): Green Mountain price target raised to $65 from $60 at BofA/Merrill
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