Keurig Green Mountain, Inc. (GMCR) was reiterated a ‘Neutral’ by UBS analysts on Thursday. The broker also cut its price target on the stock to $51 from $59.
Keurig Green Mountain, currently with a median Street price target of $58.50 and a high target of $100, rose $9.39 to $49.89 in recent trading.
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Oppenheimer reported on Thursday that they have lowered their Lululemon Athletica Inc. (LULU) price target to $62 from $75.
Shares have traded today between $45.74 and $49.00 with the price of the stock fluctuating between $43.14 to $70.00 over the last 52 weeks.
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NetApp, Inc. (NTAP) rating of ‘Hold’ was reiterated today at Lake Street with a price target decrease of $36 from $37 (versus a $31.04 previous close).
NTAP was down $0.69 at $30.35 in midday trade, moving within a 52-week range of $28.75 to $43.58. The name, valued at $8.95 billion, opened at $31.35.
On valuation measures, NetApp Inc. shares are currently priced at 21.59x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 1.53. EPS for the same period registers at $1.41.
As for passive income investors, the company pays stockholders $0.72 per share annually in dividends, yielding 2.30%.
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Qualcomm Incorporated (QCOM) was reiterated as ‘Buy’ with a $59 from $70 price target on Thursday by Stifel. Firm believes that fiscal 2016 is a transition year for the manufacturer of digital communications products with the company making operational adjustments to both of its businesses.
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Fairchild Semiconductor International Inc. (FCS) was downgraded by Citigroup (C) from a ‘Buy’ rating to a ‘Neutral’ rating in a research report issued to clients on Thursday.
FCS closed at $19.40 on Wednesday and is currently trading up $0.33.
In the past 52 weeks, shares of San Jose, California.-based company have traded between a low of $12.22 and a high of $20.84 and are now trading at $19.73.
Shares are up 22.71% year-over-year ; up 14.93% year-to-date.
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