Notable Upgrades: Analog Devices (ADI), Google (GOOG), Mobile TeleSystems (MBT), Netflix (NFLX), SunEdison (SUNE)

Analysts at Sun Trust Rbsn Humphrey are out with a report this morning upgrading shares of Analog Devices, Inc. (ADI) with a ‘Buy‘ from ‘Neutral‘ rating.

Analog Devices Inc. shares are currently priced at 27.49x this year’s forecasted earnings, compared to the industry’s 11.73x earnings multiple. Ticker has a forward P/E of 17.95 and t-12 price-to-sales ratio of 5.79. EPS for the same period is $2.12.

In the past 52 weeks, shares of Norwood, Massachusetts-based company have traded between a low of $42.57 and a high of $68.97 and are now at $58.26.

Shares are up 15.84% year-over-year and 5.62% year-to-date.

Analysts at Atlantic Equities upgraded their rating on the shares of Google Inc. (GOOG). In a research note published on Wednesday, the firm lifted the name with a ‘Overweight‘ from ‘Neutral‘ rating and set a 12-month base case estimate of $825 from $560 per share.

On valuation measures, Google Inc. shares are currently priced at 31.10x this year’s forecasted earnings compared to the industry’s 10.46x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.25 and 19.52, respectively. Price/Sales for the same period is 6.46 while EPS is $21.22.

Currently, there are 37 analysts that rate GOOG a ‘Buy‘ vs. 7 rating it a ‘Hold‘. No analyst rates it a ‘Sell‘.

GOOG has a median Wall Street price target of $750 with a high target of $900.

Mobile TeleSystems Public Joint Stock Company (MBT) was raised to ‘Buy‘ from ‘Neutral‘ at Citigroup (C) on Wednesday.

MBT is down $0.23 at $7.63 on normal volume. Midway through trading Wednesday, 912k shares of Mobile TeleSystems ADR have exchanged hands as compared to its average daily volume of 1.85 million shares. The stock has ranged in a price between $7.63-$8.05 after having opened the day at $7.89 as compared to the previous trading day’s close of $7.86.

Over the past year, shares of Moscow, Russia-based company have traded between a low of $5.85 and a high of $19.95.

Shares are down 54.08% year-over-year ; up 18.01% year-to-date.

Netflix, Inc. (NFLX) was reiterated a ‘Buy’ by UBS analysts on Wednesday. The broker also raised its price target on the stock to $143 from $116.

Netflix Inc. shares are priced at 275.09x this year’s forecasted earnings, compared to the industry’s 11.15x earnings multiple. The company’s next year EPS growth estimate stands at 36.40% compared to the industry growth rate of 22.40%. NFLX has a t-12 price-to-sales ratio of 8.65. EPS for the same period registers at $0.45.

Netflix shares have advanced 12.21% in the last 4 weeks and 40.86% in the past three months. Over the past 5 trading sessions the stock has gained 1.07%. The Los Gatos, Calif.-based company, which is currently valued at $52.27 billion, has a median Wall Street price target of $120.00 with a high target of $175.00.

Netflix Inc. is up 86.34% year-over-year, compared with a 5.56% gain in the S&P 500.

SunEdison, Inc. (SUNE) was reiterated as ‘Buy’ with a $31 from $30 price target on Wednesday by Needham.

SunEdison, Inc., currently valued at $4.25 billion, has a median Wall Street price target of $35.00 with a high target of $42.00. Midway through trading Wednesday, more than 17.50 million shares have changed hands, compared to the stock’s average daily volume of 17.84 million.

In the past 52 weeks, shares of the developer of silicon wafers to the semiconductor industry have traded between a low of $11.78 and a high of $33.45 with the 50-day MA and 200-day MA located at $24.66 and $25.75 levels, respectively. Additionally, shares of SUNE trade at a P/E ratio of -2.64 and have a Relative Strength Index (RSI) and MACD indicator of 22.00 and -2.79, respectively.

SUNE currently prints a one year loss of about 34.00% and a year-to-date loss of around 26%.

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