Notable Upgrades: Amazon.com (AMZN), PayPal (PYPL), GoPro (GPRO), Chipotle Mexican Grill (CMG), Lipocine (LPCN)

Analysts at JMP Securities are out with a report this morning upgrading shares of Amazon.com Inc. (AMZN) with a ‘Market Outperform‘ from ‘Market Perform‘ rating. The firm set its AMZN price target at $575.

Amazon.com Inc. shares have a forward P/E of 170.69 and t-12 price-to-sales ratio of 2.47. EPS for the same period is ($0.88).

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 $492.50 and are now at $486.19. Shares are up 35.65% year-over-year and 57.24% year-to-date.

Analysts at Barclays upgraded their rating on the shares of PayPal Holdings, Inc. (PYPL). In a research note published on Wednesday, the firm lifted the name with a ‘Overweight‘ rating and set a 12-month base case estimate of $47 per share. Separately, the name was initiated with a ‘Buy’ and ‘Outperform’ at Citigroup (C) at Raymond James, respectively.

On valuation measures, PayPal Holdings Inc. shares have a PEG and forward P/E ratio of 1.78 and 26.64, respectively. Currently there are 4 analysts that rate PYPL a ‘Buy‘, 2 rate it a ‘Hold‘. No analyst rates it a ‘Sell‘. PYPL has a median Wall Street price target of $43.00 with a high target of $48.00.

GoPro, Inc. (GPRO) was reiterated a ‘Buy’ by Dougherty & Company analysts on Wednesday following the co.’s better than expected earnings and revenue. The broker also raised its price target on the stock to $70 from $65.

GPRO shares recently lost $1.14 to $60.90. In the past 52 weeks, shares of San Mateo, California-based camera maker have traded between a low of $37.13 and a high of $98.47. Shares are up 49.21% year-over-year ; down 1.87% year-to-date.

Chipotle Mexican Grill, Inc. (CMG) was reiterated as ‘Overweight’ with a $740 from $700 price target on Wednesday by Piper Jaffray.

CMG shares recently gained $54.75 to $727.82. The stock is up more than 14% year-over-year and has lost roughly 2% year-to-date. In the past 52 weeks, shares of the Charlotte, North Carolina-based company have traded between a low of $582.69 and a high of $729.65.

Chipotle Mexican Grill, Inc. closed Tuesday at $673.07. The name has a current market cap of $22.60 billion.

Investment analysts at ROTH Capital initiated coverage on shares of Lipocine Inc. (LPCN) in a note issued to investors on Wednesday. The firm set a ‘Buy‘ rating and a $36 price target on the stock. ROTH’s price target would suggest a potential upside of 159% from the stock’s current price of $13.93.

Lipocine Inc., currently valued at $243.81 million, has a median Wall Street price target of $17.50 with a high target of $20.00. Approximately 1.40 million shares have changed hands intraday, compared to the stock’s average daily volume of 246K.

In the past 52 weeks, shares of specialty pharmaceutical firm have traded between a low of $3.70 and a high of $14.10 with the 50-day MA and 200-day MA located at $8.36 and $7.12 levels, respectively. Additionally, shares of LPCN have a Relative Strength Index (RSI) and MACD indicator of 88.96 and +2.69, respectively.

Lipocine Inc. currently prints a year-to-date return of 124.14%.

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