VimpelCom Ltd. (VIP) was reiterated an ‘Equal Weight’ by Barclays analysts on Friday. The broker also cut its price target on the stock to $4.82 from $5.59.
Shares of the $6.21 billion market cap company are down 38.19% year-over-year and 13.05% year-to-date.
VimpelCom Ltd. ADR, currently with a median Wall Street price target of $5.35 and a high target of $9.85, dropped $0.08 to $3.52 in recent trading.
Mobile TeleSystems PJSC (MBT) was reiterated as ‘Equal Weight’ with $9.70 from $9.55 price target on Friday by Barclays.
Shares have traded today between $7.28 and $7.56 with the price of the stock fluctuating between $5.85 to $12.80 over the last 52 weeks.
Computer Programs & Systems Inc. (CPSI) rating of ‘Market Perform’ was reiterated today at FBR Capital with a price target increase of $53 from $45 (versus a $50.06 previous close).
CPSI recently traded at $50.85, a gain of $0.79 over Thursday’s closing price. The name has a current market capitalization of $574.76 million.
As for passive income investors, the company pays shareholders $2.56 per share annually in dividends, yielding 6.34%. Five year average dividend yield currently stands at 3.45%.
Shares of Time Warner Inc. (TWX) are down $0.43 to $69.87 in mid-day trading after MKM Partners reiterated its ‘Buy’ rating and decreased its 12-month base case estimate on the name by 2 points to $84 a share.
Shares of BP p.l.c. (BP) are down $0.22 at $34.77, after Argus this morning lowered its price target on the shares to $41 from $42, and reiterated a ‘Buy’ rating.
BP is currently printing a normal average trading daily volume with the issue trading 2.37 million shares, compared to the average volume of 6.32 million. The stock began trading this morning at $34.81 to currently trade 0.61% lower from the prior days close of $34.99. On an intraday basis it has gotten as low as $34.74 and as high as $34.94.