Wal-Mart Stores Inc. (NYSE:WMT): According to Bernstein, Wal-Mart is a defensive stock that is able to keep outperforming relative to the market. Shares have an Outperform rating.
Sina Corp. (NASDAQ:SINA) will report in-line Q2 results tomorrow, according to Brean Murray, and the firm said the monetization of Weibo is still the key to its success. The firm predicts that ads will increase traction and believes that the company will bundle the Weibo ad with a portal allowing for a more meaningful revenue contribution. Shares have a Buy rating and a $82 price target.
Google Inc. (NASDAQ:GOOG): ThinkEquity believes that Google will release more details regarding its intentions for Motorola in upcoming months, and that these announcements may give Google’s stock a boost. Specifically, the firm thinks that it is now more probable that Google will spin off Motorola’s Home division and make Motorola’s mobile devices unit more profitable. ThinkEquity keeps a Buy rating by increases its target to $735 from $670 on the stock.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) reported a few difficulties concerning the launch of its Intermezzo drug, JMP Securities thinks that the stock has nevertheless reached through its valuation levels. The firm views the stock as best suited for investors with a 6+ month time horizon, and it keeps its Outperform rating but reduces its target to $11 from $15 on the stock.
Tesoro Corporation (NYSE:TSO) target was raised by Oppenheimer since the firm predicts that the company’s acquisition of BP (NYSE:BP) California’s downstream assets for a boost to Tesoro’s financial results and valuation. Oppenheimer is also optimistic regarding the company’s new intention to return capital to shareholders. the firm keeps an Outperform rating on the stock.
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