Analysts at B. Riley & Co. are out with a report this morning upgrading shares of Planar Systems Inc. (PLNR) with a ‘Buy‘ from ‘Neutral‘ rating. The firm set its price target on the name at $6.00.
Planar Systems Inc. shares are currently priced at 12.77x this year’s forecasted earnings, compared to the industry’s 14.11x earnings multiple. Ticker has a forward P/E of 9.12 and t-12 price-to-sales ratio of 0.46. EPS for the same period is $0.35.
In the past 52 weeks, shares of Beaverton, Oregon-based company have traded between a low of $2.14 and a high of $9.17 and are now at $4.47. Shares are up 93.87% year-over-year ; down 51% year-to-date.
Analysts at Needham upgraded their rating on the shares of Aerie Pharmaceuticals, Inc. (AERI). In a research note published on Tuesday, the firm lifted the name with a ‘Buy‘ from ‘Hold‘ rating and set a 12-month base case estimate at $27 per share.
Currently there are 4 analysts that rate AERI a ‘Buy‘, 2 rate it a ‘Hold‘. No analyst rates it a ‘Sell‘. AERI has a median Wall Street price target of $24.00 with a high target of $30.00.
In a report published Tuesday, Lake Street analysts initiated coverage on Radiant Logistics, Inc. (RLGT) with a ‘Buy‘ rating and $10.50 price target.
On valuation measures, Radiant Logistics Inc. shares currently have a PEG and forward P/E ratio of 1.75 and 44.94, respectively. Price/sales for the same period is 0.62 while EPS is $0.10.
Over the past year, shares of Bellevue, Washington-based company have traded between a low of $2.93 and a high of $7.98 and are now at $7.62. Shares are up 139.34% year-over-year and 72.58% year-to-date.
Netflix, Inc. (NFLX) was reiterated a ‘Buy’ by Needham analysts on Tuesday. The broker also raised its price target on the stock to $780 from $600.
Netflix Inc., currently valued at $40.28 billion, has a median Wall Street price target of $600.00 with a high target of $900.00. Approximately 1.47 million shares have already changed hands, compared to the stock’s average daily volume of 2.20 million.
In the past 52 weeks, shares of the video streaming service have traded between a low of $315.54 and a high of $692.79 with the 50-day MA and 200-day MA located at $606.57 and $465.61 levels, respectively. Additionally, shares of NFLX trade at a P/E ratio of 173.18 and have a Relative Strength Index (RSI) and MACD indicator of 69.43 and +19.12, respectively.
Netflix Inc. currently prints a year-to-date return of around 92%.
Fortinet Inc. (FTNT) was reiterated as ‘Outperform’ with a $46 from $39 price target on Tuesday by Oppenheimer.
FTNT shares recently gained $1.26 to $42.33. Over the past 12 months, shares of Sunnyvale, Calif.-based cyber security solutions firm have traded between a low of $23.07 and a high of $42.35. Shares are up 73.88% year-over-year and 33.95% year-to-date.
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