Tesla Motors, Inc. (TSLA) was reiterated a ‘Buy’ by Jefferies analysts on Thursday. The broker also raised its price target on the stock to $365 from $360.
In other Tesla news this morning, Bloomberg reports that a “Chinese electric-car startup with ambitions to challenge Tesla Motors Inc. has raised about half of the $1 billion it’s seeking, roping in investors including Sequoia Capital and Joy Capital as part of plans to develop affordable, connected green cars.”
Intra-Cellular Therapies, Inc. (ITCI) was reiterated as ‘Buy’ with a $95 from $36 price target on Thursday by Guggenheim.
ITCI shares recently gained $2.93 to $51.72. In the past 52 weeks, shares of the New York-based biopharmaceutical company have traded between a low of $12.67 and a high of $51.95.
Shares are up 245.29% year-over-year and 176.43% year-to-date.
Expedia Inc. (EXPE) rating of ‘Buy’ was reiterated today at Cantor Fitzgerald with a price target increase of $140 from $130 (versus a $124.68 previous close).
Expedia’s stock is up more than 45.76% year-over-year and has gained roughly 47% year-to-date. In the past 52 weeks, shares of Bellevue, Washington-based online travel services company have traded between a low of $70.91 and a high of $129.10.
Expedia Inc. closed Wednesday at $124.68. The name has a current market cap of $18.07 billion.
Nvidia Corporation (NVDA) was upgraded to ‘Buy’ from ‘Hold’ by Jefferies analysts on Thursday. The broker also set its price target on the stock at $30 a share.
NVDA is currently printing a lower than average trading volume with the issue trading 1.2 million shares, compared to the average volume of 9.95 million. The stock began trading this morning at $23.50 to currently trade 2.08% higher from the prior days close of $23.10. On an intraday basis it has gotten as low as $23.35 and as high as $23.59.
NVDA shares have declined 0.82% in the last 4 weeks while advancing 7.49% in the past three months. Over the past 5 trading sessions the stock has gained 3.91%. The Santa Clara, California-based company, which is currently valued at $12.71 billion, has a median Wall Street price target of $24.00 with a high target of $28.00.
Nvidia Corp. is up 22.74% year-over-year, compared with a 0.31% loss in the S&P 500.
Zumiez, Inc. (ZUMZ) was raised to ‘Buy’ from ‘Hold’ and it was given a from $18 price target at Stifel on Thursday.
ZUMZ is up $0.77 at $15.65 on normal volume. Midway through trading Thursday, 97K shares of Zumiez Inc. have exchanged hands as compared to its average daily volume of 712K shares. The stock has ranged in a price between $15.20 to $15.69 after having opened the day at $15.35 as compared to the previous trading day’s close of $14.88.
In the past 52 weeks, shares of Lynnwood, Washington-based retailer have traded between a low of $13.75 and a high of $41.81.
Shares are down 49.90% year-over-year and 61.48% year-to-date.