Notable Analyst Updates: Western Digital Corp(NASDAQ:WDC), Wright Medical Group Inc(NASDAQ:WMGI), Yelp Inc(NYSE:YELP), Facebook Inc. (NASDAQ:FB)

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Brean Capital believes the valuation of Western Digital Corp(NASDAQ:WDC) remains dramatically underappreciated citing its operational improvements which should continue to drive margins as well as the potential pickup in Enterprise drives. Shares are Buy rated with a $125 price target.

Shares of Western Digital Corp(NASDAQ:WDC) have a 50 day moving average of $89.19 and a 200 day average of $82.58. The current quarter consensus EPS is $8.11.

Brean Capital raised its price target to $40 on Wright Medical Group Inc(NASDAQ:WMGI) following Q1 results. The firm cited the Q2 launch of its INFINITY Ankle System and the potential for an October approval of Augment which would drive the share price and price target higher by $10. Shares are Buy rated.

Shares of Wright Medical Group Inc(NASDAQ:WMGI) have a 50 day moving average of $30.23 and a 200 day average of $29.93. The current consensus EPS is $-1.43.

Cantor believes that Yelp Inc(NYSE:YELP) reported solid results. However, the firm trimmed its price target on the stock to $80 from $84 to reflect a higher share count from a stock offering. The firm keeps a Buy rating on the shares.

Analysts have a consensus price target of $88.24 on Yelp Inc(NYSE:YELP) which indicates a 51% upside. The consensus rating of the stock is a BUY with a score of 2.69. There are currently 10 Hold Ratings and 19 Buy ratings on the stock.

Credit Suisse added Facebook Inc. (NASDAQ:FB) to the Focus List based on expectations revenue growth can be driven without a material increase in ad loads, Street estimates underestimate new product monetization long-term and optionality form other products such as Ad Network, 3P Mobile and Offers. Shares are Outperform rated with a $90 price target.

Analysts have a consensus price target of $74.11 on Facebook Inc. (NASDAQ:FB) which indicates a 24% upside. The consensus rating of the stock is a BUY with a score of 2.80. There are currently 8 Hold Ratings and 32 Buy ratings on the stock.

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