Notable Upgrades: Credit Suisse (CS), Twitter (TWTR), AbbVie Inc. (ABBV), Motorola (MSI)

Analysts at Macquarie are out with a report today upgrading shares of Credit Suisse Group AG (CS) with an ‘Outperform’ from ‘Underperform’ rating.

On valuation measures, Credit Suisse shares have a forward P/E of 8.37 and a t-12 price-to-sales ratio of 1.10. EPS for the same period is ($1.75).

In the past 52 weeks, shares of Zurich-based provider of various financial services have traded between a low of $12.56 and a high of $29.99 and are now at $12.98.

Shares are down 44.33% year-over-year and 38.40% year-to-date.

Twitter, Inc. (TWTR) was upgraded to ‘Outperform’ from ‘Market Perform’ by Raymond James analysts on Tuesday. The broker also set its price target on the stock at $25.

TWTR began trading this morning at $18.52 to currently trade flat from the prior days close of $18.30. On an intraday basis it has gotten as low as $18.10 and as high as $18.96.

Twitter shares have advanced 2.64% in the last 4 weeks while declining 29.34% in the past three months. Over the past 5 trading sessions the stock has gained 15.24%. The San Francisco-based company, currently valued at $12.50 billion, has a median Wall Street price target of $19.00 with a high target of $35.00.

Twitter is down 62.74% year-over-year, compared with an 8.04% loss in the S&P 500.

AbbVie Inc. (ABBV) had its rating hiked to ‘Buy’ from ‘Neutral’ by Citigroup (C) today.

ABBV shares recently lost $0.19 to $55.09. The stock is down 6.58% year-over-year and has lost roughly 6% year-to-date. In the past 52 weeks, shares of North Chicago, Illinois-based company have traded between a low of $45.45 and a high of $71.60.

AbbVie Inc. closed Monday at $55.28. The name has a total market cap of $88.76 billion.

Motorola Solutions, Inc. (MSI) was raised to ‘Outperform’ from ‘Market Perform’ at Bernstein on Tuesday.

MSI is up $4.42 at $71.17 on heavy volume. Midway through trading Tuesday, 4.17 million shares of Motorola Solutions Inc. have exchanged hands as compared to its average daily volume of 1.11 million shares. The stock has ranged in a price between $69.31-$72.71 after having opened the day at $70.02.

In the past 52 weeks, shares of Schaumburg, Illinois-based company have traded between a low of $56.40 and a high of $72.97.

Shares are down 2.29% year-over-year and 2.48% since the beginning of the year.

Be the first to comment

Leave a Reply

Your email address will not be published.


*