Analysts at Axiom Capital are out with a report this morning upgrading shares of Twitter, Inc. (TWTR) with a ‘Buy’ from ‘Hold’ rating, pointing to optimism over the hiring of a permanent CEO and solidification of future strategy. The firm however, lowered its price target for the company to $37 from $40.
Twitter Inc. shares have a forward P/E of 44.72 and t-12 price-to-sales ratio of 9.88. EPS for the same period is ($0.95).
In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $21.01 and a high of $55.99 and are now at $27.76.
Shares are down 49.26% year-over-year and 26.65% year-to-date.
Analysts at Seaport Global Securities upgraded their rating on the shares of FMC Technologies, Inc. (FTI). In a research note published on Monday, the firm lifted the name with a ‘Buy’ from ‘Accumulate’ rating and set a target price of $38 per share. Seaport Global said they view FMC as an acquisition candidate, particularly after the Baker Hughes (BHI)/Halliburton (HAL) dust has settled.
On valuation measures, FMC Technologies Inc. shares are currently priced at 12.97x this year’s forecasted earnings, compared to the industry’s 18.90x earnings multiple. Ticker has a PEG and forward P/E ratio of 5.49 and 18.07, respectively. Price/Sales for the same period is 0.94 while EPS is $2.53. Currently there are 16 analysts that rate FTI a ‘Buy’, 18 rate it a ‘Hold’. No analyst rates it a ‘Sell’. FTI has a median Wall Street price target of $39 with a high target of $50.
bluebird bio, Inc. (BLUE) was raised to ‘Overweight’ from ‘Equal-Weight’ and it was given a $143 price target at Morgan Stanley (MS) on Monday.
BLUE is up $5.22 at $99.29 on heavy volume. Midway through trading Monday, 1.14 million shares of bluebird bio Inc. have exchanged hands as compared to its average daily volume of 882K shares. The stock has ranged in a price between $95.58 to $106.95 after having opened the day at $100.90, as compared to the previous trading day’s close of $94.07.
Over the past year, shares of Cambridge, Massachusetts-based biotech have traded between a low of $29.73 and a high of $197.35.
Shares are up 170.47% year-over-year and 2.56% year-to-date.
Yahoo! Inc. (YHOO) was reiterated a ‘Buy’ by Axiom Capital analysts on Monday. The broker also raised its price target on the stock to $41 from $39 due to updates to share prices of Alibaba (BABA), Yahoo Japan and Hortonworks, Inc. (HDP).
Yahoo shares recently gained $0.18 to $30.89. In the past 52 weeks, shares of Sunnyvale, California-based web portal have traded between a low of $27.20 and a high of $52.62.
Shares are down 39.20% since the beginning of the year.
Juniper Networks, Inc. (JNPR) was upgraded to ‘Buy’ from ‘Hold’ by Stifel analysts on Monday. The broker also set its price target on the stock at $32.
JNPR is currently printing a higher than average trading volume with the issue trading 5 million shares, compared to the average daily volume of 5.3 million. The stock began trading this morning at $27.62 to currently trade 4.38% higher from the prior days close of $27.17. On an intraday basis it has gotten as low as $27.50 and as high as $28.37.
Juniper Networks’ current year and next year EPS growth estimates stand at 32.40% and 10.40%, compared to the industry growth rates of 5.90% and 21.50%, respectively. Ticker has a t-12 price-to-sales ratio of 2.31. EPS for the same period registers at ($1.02).
Juniper shares have advanced 7.35% in the last 4 weeks and 5.92% in the past three months. Over the past 5 trading sessions the stock has gained 7.48%. The Sunnyvale, California-based company, which is currently valued at $10.90 billion, has a median Wall Street price target of $30.00 with a high target of $35.00.
Juniper Networks is up 25.80% year-over-year, compared with a 0.84% loss in the S&P 500.