Morning Buzz: Tesla Motors (TSLA), GoPro (GPRO), Spectrum Pharmaceuticals (SPPI), BlackBerry (BBRY)

Tesla Motors, Inc. (TSLA) – CEO Elon Musk tweeted that the automaker will have an announcement about an upgrade to its “Roadster” model today.

Shares of Tesla are flat to $221.70 in pre-market trading Friday. The name, currently valued at $27.87B, has a median Wall Street price target of $299.00 with a high target of $400.00. In the past 52 weeks, shares of Palo Alto, California-base electric car maker have traded between a low of $136.67 and a high of $291.42 with the 50-day MA and 200-day MA located at $231.88 and $239.50 levels, respectively. Additionally, shares of TSLA trade at a P/E ratio of 4.51 and have a Relative Strength Index (RSI) and MACD indicator of 50.64 and +8.25, respectively.

TSLA currently prints a one year return of about 46.79%, and a year-to-date return of around 47.75%.

GoPro, Inc. (GPRO) shares are up nearly 4% to $68.97 in early trade after jumping 7.91% Wednesday following positive comments from Wedbush Securities about the company’s holiday season sales. The firm carries a $98 price target on the name.

GoPro, one of the hottest IPO of 2014, is a San Mateo, Calif.-based high definition camera maker. Its stock has a median consensus analyst price target of $80 with a high target of $105, and a 52-week trading range of $28.65 to $98.47.

The T-12 profit margin at GoPro is 4.42%. GPRO‘s revenue for the same period is $1.12 billion.

GoPro, Inc. has market cap of $8.48 billion.

Spectrum Pharmaceuticals, Inc. (SPPI) – The company today announced the submission of a new drug application to the FDA for the approval of Captisol-Enabled Melphalan.

SPPI shares recently gained 4.35% to $7.20. The stock is down more than 18.34% year-over-year and has lost roughly 22.03% year-to-date. In the past 52 weeks, shares of Henderson, Nevada-based biotechnology company have traded between a low of $6.36 and a high of $10.32.

Spectrum Pharmaceuticals, Inc. closed Wednesday at $6.90. The name has a total market cap of $446.88M.

BlackBerry (BBRY) shares edged fractionally higher on Friday, following a Globe and Mail report that said the smartphone maker has replaced Eric Johnson as president of global sales with its president of enterprise, John Sims.

Shares of Waterloo, Canada-based firm have risen 51.42% year-over-year and 43.68% year-to-date. BBRY gained $0.08 to $10.75 in recent trading.

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