In a note issued today Cowen said Pandora Media Inc(NYSE:P) reported solid Q1 results citing rising mobile ad revenues. The firm believes its strong listening metrics for the remainder of the year will be a key driver of growth. Shares are Outperform rated with a $41 price target.
Pandora Media Inc(NYSE:P) has a 50 day moving average of $30.95 and a 200 day moving average of $30.71. The current quarter consensus EPS estimate is $0.16,
After Barracuda Networks Inc (NYSE:CUDA) reported stronger than expected results, JMP Securities thinks the company is executing on its sales strategy of cross-selling products. The firm finds the stock’s valuation attractive and reiterates a $43 price target and Outperform rating on the shares.
Barracuda Networks Inc (NYSE:CUDA) has a 50 day moving average of $32 and a 200 day moving average of $30. The current quarter consensus EPS estimate is $0.06.
Pacific Crest thinks that Visa Inc(NYSE:V)’s results were hurt by “a number of idiosyncratic events.” However, the firm believes the company can benefit from digital payment growth over the long-term, and it keeps a $241 price target and Outperform rating.
Visa Inc(NYSE:V) is trading up 8.54% pre-market after experiencing declines yesterday during regular trading hours. The stock has hit its 52-week high in the early session.
Cowen raised its price target on Synaptics, Incorporated (NASDAQ:SYNA) following Q1 results that demonstrated its Validity fingerprint business offset weak PC sales. the firm cited increased company guidance that was more than 20% above the current Street estimates. Shares are Outperform rated.
Synaptics, Incorporated (NASDAQ:SYNA) has a 50 day moving average of $61.12 and a 200 day moving average of $55.18. The current quarter consensus EPS estimate is set at $3.69.
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