Google (GOOG) earnings estimates were reduced at Oppenheimer through 2014. Earnings will be negatively impacted by Google's toolbar policy change, and only partially offset by Enhanced Campaigns. Oppenheimer said.
Jazz Pharmaceuticals (JAZZ) earnings estimates and price target were increased at Citigroup. The company has multiple assets that will drive revenue streams beyond 2013, Citi said. The price target was increased to $75.
Mellanox (MLNX) price target was increased at Lazard Capital Markets to $69. The company will benefit from increased traction in Web 2.0 and cloud computing verticals, Lazard Capital Markets said.
OfficeMax (OMX) price target increased at UBS to $12. The update comes after a meeting with management, UBS said. The company has been energized by the transformative transaction, UBS added.Procter & Gamble (PG) earnings estimates were boosted at Credit Suisse through 2015. Domestic market share is improving, Credit Suisse. Outperform rating and new $48 price target. Ryland (RYL) earnings and price target were increased at UBS through 2014. The increase reflects the benefit of increased operating leverage, UBS said. The new price target is $36. Urban Outfitters (URBN) earnings estimates were reduced at UBS through 2014. The update reflects weaker-than-expected fourth-quarter earnings, UBS said. United Technologies (UTX) price target was increased at UBS to $105. The investor conference on Thursday won't be a catalyst, but easing comps and increased earnings visibility should drive stock upside, UBS said. Yum Brands (YUM) price target was increased to $80 at Bank of America/Merrill Lynch. China same-store sales for the first quarter were better than expected, and improved sequentially, BofA/Merrill said. >To submit a news tip, email: email@example.com.
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