Stock Broker Insights: Sina, Buffalo Wild Wings, TransDigm, Freeport-McMoRan, Expedia
Sina Corp. (NASDAQ:SINA): Maxim views Beijing city government’s March 16 deadline for Weibo’s real name registration as a potentially significant negative for SINA as it sees no assurance to how many existing users are willing to comply due to jeopardizing their identity to both government surveillance and criminal attempt. Maxim thinks Weibo could become less valuable as a media platform with decreased users and lowered its price target for SINA shares to $51 from $55. The firm reiterates a Sell rating on the stock.
Buffalo Wild Wings Inc. (NASDAQ:BWLD): DA Davidson increased its target on Buffalo Wild Wings after the company reported higher than expected Q4 EPS. The firm reiterates a Buy rating on the stock.
TransDigm Group Incorporated (NYSE:TDG): DA Davidson increased its target on TransDigm after the company reported higher than expected Q1 EPS. The firm believes that the company merits a premium valuation, partly due to its expanding margins. The firm maintains a Buy rating.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Morgan Stanley raised Freeport’s price target and said long-term copper fundamentals remain attractive. Shares are Overweight rated.
Expedia Inc. (NASDAQ:EXPE): Morgan Stanley said Expedia faces near-term headwinds from its platform migration and longer-term from hotel and weakening air ticket sales. Shares are Underweight rated.
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