Notable Upgrades: Twitter, Inc. (TWTR), Amazon.com (AMZN), JD.com, Inc. (JD), Baidu (BIDU), LinkedIn (LNKD)

Analysts at Stifel are out with a report this morning upgrading shares of Twitter, Inc. (TWTR) with a ‘Hold‘ from ‘Sell‘ rating. The firm retains its view that the name is mispriced relative to its growth prospects and competitive position over the long term.

Twitter Inc. shares have a forward P/E of 54.58 and t-12 price-to-sales ratio of 17.19. EPS for the same period is ($0.96).

In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $29.51 and a high of $55.99 and are now at $37.62. Shares are down 3.20% year-over-year ; up 5.49% year-to-date.

Amazon.com Inc. (AMZN) was reiterated a ‘Outperform’ by Oppenheimer analysts on Monday. The broker also raised its price target on the stock to $525 from $415, implying 26.50% expected upside.

AMZN shares recently gained $0.94 to $423.81. In the past 52 weeks, shares of Seattle, Washington-based e-commerce giant have traded between a low of $284.00 and a high of $452.65. Shares are up 37.34% year-over-year and 36.26% year-to-date.

Analysts at Citigroup (C) upgraded their rating on the shares of JD.com, Inc. (JD). In a research note published on Monday, the firm lifted the name with a ‘Buy‘ from ‘Neutral‘ rating.

On valuation measures, JD.com Inc. ADS shares have a PEG and forward P/E ratio of 12.86 and 14.37, respectively. Price/Sales for the same period is 2.50 while EPS is ($1.73). Currently there are 16 analysts that rate JD a ‘Buy‘, 8 rate it a ‘Hold‘. No analyst rates it a ‘Sell‘. JD has a median Wall Street price target of $35.00 with a high target of $43.00.

Baidu, Inc. (BIDU) was raised to ‘Buy‘ from ‘Hold‘ and it was given a $239 price target at T.H. Capital on Monday. The firm believes Baidu’s search business has significant potential to resume high growth toward second half of 2015.

BIDU is up $1.88 at $204.35 on heavy volume. Midway through trading Monday, 3.40 million shares of Baidu Inc. ADS have exchanged hands as compared to its average daily volume of 3.42 million shares. The stock has ranged in a price between $203.52 – $206.90 after having opened the day at $204.99 as compared to the previous trading day’s close of $202.47.

In the past 52 weeks, shares of Beijing, China-based Internet search services provider have traded between a low of $148.44 and a high of $251.99. Shares are up 27.59% year-over-year ; down 119% year-to-date.

LinkedIn Corporation (LNKD) was upgraded to ‘Buy‘ from ‘Hold‘ by Argus analysts on Monday. The broker set its price target on the stock to $280.

LNKD is currently printing a higher than average trading volume with the issue trading 4.01 million shares, compared to the average volume of 1.82 million. The stock began trading this morning at $208.50 to currently trade 1.80% lower from the prior days close of $205.21. On an intraday basis it has gotten as low as $201.06 and as high as $209.25.

LinkedIn Corp.’s current year and next year EPS growth estimates stand at 2.00% and 68.40% compared to the industry growth rates of 17.80% and 21.00%, respectively. Ticker has a t-12 price-to-sales ratio of 11.57. EPS for the same period registers at ($0.13).

LNKD shares have declined 17.36% in the last 4 weeks and 8.69% in the past three months. Over the past 5 trading sessions the stock has lost 21.36%.

The Mountain View, California-based online professional network operator, which is currently valued at $25.37 billion, has a median Wall Street price target of $260.00 with a high target of $311.00. LinkedIn Corp. is up 27.29% year-over-year, compared with a 11.87% gain in the S&P 500.

Be the first to comment

Leave a Reply

Your email address will not be published.


*