Shares of InvenSense Inc (INVN) are rising this morning after the stock was upgraded to ‘Strong Buy’ from ‘Buy’ by analysts at Needham. The firm, which has a $28 price target on the name, thinks the Street is undervaluing the company’s business with Apple (AAPL) and recommends using any negative sentiment towards the motion interface solutions provider as an opportunity to buy its stock.
INVN shares recently gained $0.25, or 1.27%, to $19.98. In the past 52 weeks, shares of San Jose, California-based company have traded between a low of $15.20 and a high of $26.78. Shares are up 11.98% year-over-year ; down 5.05% year-to-date.
Wunderlich is out with a report this morning initiating coverage of Crocs, Inc. (CROX) with a ‘Buy’ rating and $17 price target, implying 35.56% expected return from the name’s current pps. The firm said it views fiscal 2014 as a transitional year for the company as it works to simplify its business model, while placing a greater emphasis on product innovation.
CROX shares recently lost $0.02 to $12.56. The stock is down more than 7.50% year-over-year and has lost roughly 21% year-to-date. In the past 52 weeks, shares of Niwot, Colorado-based company have traded between a low of $11.96 and a high of $16.88.
Shares of the casual lifestyle footwear and apparel maker, currently valued at $1.07B, closed at $12.58 a share in Tuesday’s trading session.
Analysts at Boenning & Scattergood upgraded their Susquehanna Bancshares, Inc. (SUSQ) rating to ‘Outperform’ from ‘Neutral’ and set a price target of $11.50 per share in a research report issued to clients on Wednesday. The firm believes the stock’s current price level represents a compelling entry point. Susquehanna’s shares closed at $10.00 yesterday. The firm’s PT suggests a potential upside of about 14.31% from the names’s current PPS of $10.06.
Susquehanna Bancshares Inc., currently valued at $1.89B, has a median Wall Street price target of $11.00 with a high target of $11.50. Approximately 289,622 shares have already changed hands, compared to the stock’s average daily volume of 1,256,190.
In the past 52 weeks, shares of Lititz, Pennsylvania-based bank have traded between a low of $9.42 and a high of $13.39 with the 50-day MA and 200-day MA located at $10.32 and $10.44 levels, respectively. Additionally, shares of SUSQ trade at a P/E ratio of 2.47 and have a Relative Strength Index (RSI) and MACD indicator of 35.19 and -0.29, respectively.
SUSQ currently prints a one year loss of about 18.43% and a year-to-date loss of around 20.95%.
Tyson Foods, Inc. (TSN) gained in early trading after Credit Suisse (CS) upgraded the company’s shares to a ‘Neutral’ from ‘Underperform’ rating.
Tyson Foods, Inc., currently valued at $14.00B, has a median Wall Street price target of $47.00 with a high target of $51.00. Approximately 814,108 shares have already changed hands, compared to the stock’s average daily volume of 4,321,160.
In the past 52 weeks, shares of Springdale, Arkansas-based company have traded between a low of $27.33 and a high of $44.24 with the 50-day MA and 200-day MA located at $37.98 and $39.43 levels, respectively. Additionally, shares of TSN trade at a P/E ratio of 0.73 and have a Relative Strength Index (RSI) and MACD indicator of 61.80 and +0.85, respectively.
TSN currently prints a one year return of about 40.36% and a year-to-date return of around 18.33%.