Zynga Reiterated at Neutral and 4 Must-See Stock Analyses
Alexander & Baldwin, Inc. (NYSE:ALEX): After Oppenheimer met with management, it claims that Alexander & Baldwin is an undiscovered housing play and that shares at current levels make the investment attractive. The firm keeps its Outperform rating and $34 price target on the stock.
Radware Ltd. (NASDAQ:RDWR): According to Oppenheimer, its channel checks suggest that Radware will report higher than consensus September quarter results. Additionally, the firm sees an upside to December quarter estimates influencing it to keep an Outperform rating and a $45 price target on the stock.
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Lowe’s Companies Inc. (NYSE:LOW) business trends are expected by Deutsche Bank to pick up during the coming quarters, and it keeps its Buy rating and it increased its price target on the stock.
First Solar, Inc. (NASDAQ:FSLR): According to Deutsche Bank, the recent rally in shares along with rising investor expectations concerning more project announcements makes the set-up for First Solar less attractive into earnings season. The firm believes that there is little risk to near-term consensus estimates, but believes that longer term concerns will continue to be an overhang on the stock. Deutsche reiterates a Hold rating and a $17 price target on the stock.
Zynga, Inc. (NASDAQ:ZNGA): Citigroup has mentioned that after its negative Q3 preannouncement, Zynga shares are approaching the company’s cash position of $2. Citi keeps its Neutral rating on the stock and believes that Zynga’s announcement will only be a small negative for Facebook (NASDAQ:FB). The firm predicts that the reduced bookings outlook on Zynga will show an impact on Facebook’s payments revenue by about $35 million to $40 million.
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