Notable Downgrades: Twitter (TWTR), Quality Systems (QSII), eBay Inc. (EBAY), B/E Aerospace (BEAV)


Twitter, Inc. (TWTR) was reiterated a ‘Buy’ by Brean Capital analysts on Thursday. The broker however, cut its price target on the stock to $47 from $55 noting they recognize that the company is in a transitional period, which can make it a difficult stock for investors to want to own and increases the short term risk.

TWTR shares recently gained $0.39 to $36.48. The stock is down more than 4% year-over-year and has gained less than one percent year-to-date. In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $33.51 and a high of $55.99.

Twitter, Inc. closed Wednesday at $36.09. The name has a current market cap of $24.50 billion.

Quality Systems Inc. (QSII) was reiterated as ‘Market Perform’ with a $14 from $17 price target on Thursday by FBR Capital.

QSII shares recently lost $3.01 to $13.78. In the past 52 weeks, shares of Irvine, California-based company have traded between a low of $13.01 and a high of $18.75. Shares are up 13.61% year-over-year and 10.09% year-to-date.

eBay Inc. (EBAY) rating of ‘Buy’ was reiterated today at UBS with a price target decrease of $34 from $70 (versus a $28.45 previous close).

eBay Inc. shares are currently priced at 14.70x this year’s forecasted earnings compared to the industry’s 18.40x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.26 and 14.53, respectively. Price/Sales for the same period is 1.89 while EPS is $1.93. Currently there are 12 analysts that rate EBAY a ‘Buy’, 24 rate it a ‘Hold’. 2 analysts rate it a ‘Sell’. EBAY has a median Wall Street price target of $68.00 with a high target of $79.00.

Shares of B/E Aerospace Inc. (BEAV) are up $2.13 to $49.61 in midday trading despite Canaccord Genuity lowering its 12-month base case estimate on the name by 10 points to $55 a share.

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