Google Inc. (GOOG) was reiterated a ‘Buy’ by Citigroup (C) analysts on Friday. The broker also raised its price target on the stock to $682 from $629.
Google Inc., currently valued at $388.43 billion, has a median Wall Street price target of $625.00 with a high target of $700.00. Approximately 1.05 million shares have already changed hands, compared to the stock’s average daily volume of 2.10 million.
In the past 52 weeks, shares of the search giant have traded between a low of $487.56 and a high of $604.83 with the 50-day MA and 200-day MA located at $536.29 and $545.02 levels, respectively. Additionally, shares of Google have a Relative Strength Index (RSI) and MACD indicator of 67.87 and +19.03, respectively.
GOOG currently prints a one year loss of 6.58% and a year-to-date return of around 8%.
Cirrus Logic Inc. (CRUS) was reiterated as ‘Outperform’ with a $37.50 from $35 price target on Friday by Northland Capital.
Cirrus Logic Inc. shares are currently priced at 45.96x this year’s forecasted earnings compared to the industry’s 17.79x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.63 and 18.56, respectively. Price/sales for the same period is 2.49 while EPS is $0.72. Currently there are 3 analysts that rate CRUS a ‘Buy’, 3 rate it a ‘Hold’. No analyst rates it a ‘Sell’. CRUS has a median Wall Street price target of $35.00 with a high target of $38.00.
In the past 52 weeks, shares of Austin, Texas-based semiconductor company have traded between a low of $16.80 and a high of $33.29 and are now at $32.86. Shares are up 67.31% year-over-year and 36.78% year-to-date.
SunEdison, Inc. (SUNE) rating of ‘Outperform’ was reiterated today at RBC Capital Markets with a price target increase of $33 from $28 (versus a $23.17 previous close).
SunEdison, Inc. shares have gained 7.54% over the past 52 weeks, while the S&P 500 index has gained 11.87% in the same period.
SUNE recently traded at $22.58, down 59c, or 2.55 percent.
Shares of Finisar Corp. (FNSR) are up 8.50% in mid-day trading after RBC Capital Markets reiterated its ‘Outperform’ rating and increased its 12-month base case estimate on the name by 4 points to $23 a share.
FNSR shares recently gained $1.75 to $22.08. In the past 52 weeks, shares of Sunnyvale, Calif.-based optical communication components and subsystems supplier have traded between a low of $14.22 and a high of $28.85. Shares are down 15.36% year-over-year ; up 4.74% year-to-date.
Canadian Natural Resources Limited (CNQ) was reiterated as ‘Outperform’ and the price target was increased to $43 from $41 at RBC Capital Markets.
CNQ shares recently lost $1.19 to $29.71. The stock is down more than 14% year-over-year and has gained less than one percent year-to-date. In the past 52 weeks, shares of Calgary, Canada-based oil producer have traded between a low of $26.13 and a high of $46.65.
Canadian Natural Resources closed Thursday at $30.90. The name has a total market cap of $32.42 billion.
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