In a report published Thursday, Evercore ISI analysts kept their ‘Buy’ rating on Facebook, Inc. (FB), and raised the price target from $95 to $105.
On valuation measures, Facebook shares are currently priced at 79.93x this year’s forecasted earnings compared to the industry’s 14.67x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.47 and 31.24, respectively. Price/Sales for the same period is 16.99 while EPS is $1.03. Currently there are 39 analysts that rate FB a ‘Buy’, 6 rate it a ‘Hold’. No analyst rates it a ‘Sell’. FB has a median Street price target of $95.00 with a high target of $114.00.
eBay Inc. (EBAY) was reiterated a ‘Buy’ by UBS analysts on Thursday. The broker also raised its price target on the stock to $70 from $64.
EBAY shares recently gained 20c to $62.21. In the past 52 weeks, shares of San Jose, California-based technology company have traded between a low of $46.34 and a high of $63.03. Shares are up 22.99% year-over-year and 10.50% year-to-date.
FireEye, Inc. (FEYE) was reiterated as ‘Neutral’ with a $60 from $50 price target on Thursday by Piper Jaffray. The name was also raised to $55 from $50 at Stifel noting that while they continue to view partnerships with tier-1 brands like HP (HPQ) and Visa (V) as an important long-term driver of the story, firm would caution investors from making assumptions regarding NT upside from such arrangements.
FEYE is currently printing a higher than average trading volume with the issue trading 7.37 million shares, compared to the average volume of 5.84 million. The stock began trading this morning at $49.07 to currently trade 1.34% higher from the prior days close of $47.69. On an intraday basis it has gotten as low as $48.21 and as high as $49.69.
The Milpitas California-based company, which is currently valued at $7.56 billion, has a median Wall Street price target of $48.00 with a high target of $56.00. FireEye Inc. is up 54.14% year-over-year, compared with a 9.66% gain in the S&P 500.
Las Vegas Sands Corp. (LVS) rating of ‘Buy’ was initiated today at Standpoint Research with a $66 PT versus a $52.50 previous close.
LVS is up $2.44 at $54.94 on heavy volume. Midway through trading Thursday, 6.66 million shares of Las Vegas Sands Corp. have exchanged hands as compared to its average daily volume of 5.15 million shares. The stock has ranged in a price between $53.10-$55.00 after having opened the day at $53.37 as compared to the previous trading day’s close of $52.50.
In the past 52 weeks, shares of Las Vegas Nevada-based company have traded between a low of $49.57 and a high of $78.50. Shares are down 27.87% year-over-year and 8.65% year-to-date.
Shares of discount retailer Five Below, Inc. (FIVE) are up $3.02 at $38.12 in reaction to earnings. The company reported Q1 earnings after the closing bell on Wednesday, beating estimates and raising FY/16 guidance. Following the earnings beat, UBS analysts raised their price target on the shares to $43 from $41, and reiterated a ‘Buy’ rating.
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