Pepsico Estimates Raised to Reflect Strength and 4 Stock Analyses Turning Heads
eBay Inc. (NASDAQ:EBAY): Current price $56.80
Morgan Stanley said eBay Inc. can sustain strong GMV growth by making Marketplace improvements abroad, a move which is not being valued by the market. Shares are Overweight rated.
URS Corporation (NYSE:URS): Current price $41.71
Sterne Agee believes that URS Corporation’s operating performance remains generally strong and they think that the stock’s multiple can expand. The firm maintains a Buy rating on the stock.
Pepsico, Inc. (NYSE:PEP): Current price $73.06
Morgan Stanley raised PepsiCo, Inc.’s estimates to reflect fourth quarter strength and continues to see upside from organic sales growth. Shares are Overweight rated with an increased price target of $81.
Corrections Corporation of America (NYSE:CXW): Current price $38.18
Corrections Corporation of America unexpectedly announced that they will be added to the MSCI US REIT (RMZ) index on February 28. Macquarie said that the addition will create 6 million shares of demand and reiterates their Outperform rating.
Liberty Global Inc. (NASDAQ:LBTYA): Current price $65.97
Citigroup raised their price target for Liberty Global, citing increased free cash flow expectations from the company’s acquisition of Virgin Media. The firm keeps a Buy rating on the stock.