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Techquity: Upside for Microsoft, says analyst; Groupon zooms

Thursday, August 08, 2013 - 02:15

Aug 8 - Microsoft gets an upgrade while Groupon jumps on positive results.

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Group wants no longer your mom's email coupon service it's transforming itself until full -- electronic marketplace. What is the bottom half buyers and sellers put together on a platform where consumers can find deals and you haven't e-commerce -- like Amazon and eBay. Before you would get an email telling you about deals in your zip code. Now you can go to this site on a computer or more about the -- potential what you want whether it's a slice of pizza or more cosmetic surgery. And by that had big discounts. Analyst liking what -- -- especially the growth in mobile's. In North America 50% of group on transactions Ron more about devices today Goldman Sachs is raising its price target of thirteen dollars. And Deutsche Bank to seventeen. The stocks up 25%. Don't hate on Microsoft that's what analysts at Abbott our partners say they've upgraded the stock to overweight from neutral. Yeah PC business is back and windows is facing an uphill battle but the stock is attractively priced. Evercore Partners that's Microsoft's enterprise businesses remain steady. And account for most of its profit. -- of course as investors need to be patient and they'll be rewarded. The stock's up about 3% today -- 33 dollars at a course price target is 38. Starring and sputtering time. First -- is orbits. The online travel site but more hotels and vacation packages last quarter and raised its full year revenue forecast. Shares up huge today close to 40%. It's no Priceline though the highest priced stock in S&P 500. It could be Google in becoming the first thousand dollar stock in the index when -- reports later today. Fusion -- sputtering along it makes products to help with computing memory. The company reported a bigger quarterly loss because of marketing costs and employees added from an acquisition in April share is down 22%. That's -- -- this Thursday you can follow us on Twitter at our team are -- tech but he. I'm just how bad it -- right.

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Techquity: Upside for Microsoft, says analyst; Groupon zooms

Thursday, August 08, 2013 - 02:15