Notable Upgrades: Electronic Arts (EA), Dollar Tree (DLTR), Teva Pharmaceutical (TEVA), Pixelworks (PXLW), LinkedIn (LNKD)

Analysts at Atlantic Equities are out with a report this morning upgrading shares of Electronic Arts Inc. (EA) with an ‘Overweight’ from ‘Neutral’ rating.

In the past 52 weeks, shares of Redwood City, California-based company have traded between a low of $44.54 and a high of $76.92 and are now at $70.24.

Shares are up 46.16% year-over-year 42.96% year-to-date

Analysts at RBC Capital Markets upgraded their rating on the shares of Dollar Tree, Inc. (DLTR). In a research note published on Friday, the firm lifted the name with a ‘Top Pick’ from ‘Outperform’ rating and set a 12-month base case estimate of $90 from $88 per share.

Teva Pharmaceutical Industries Limited (TEVA) was raised to ‘Buy’ from ‘Neutral’ at Guggenheim on Friday as the firm noted the capital raise removes an overhang on shares.

TEVA is up $2.08 at $65.61 on heavy volume. Midway through trading Friday, 7.14 million shares of Teva Pharmaceutical Industries Ltd. ADR have exchanged hands as compared to its average daily volume of 6.45 million shares. The stock has ranged in a price between $63.47 to $65.64 after having opened the day at $64.

In a report published Friday, Craig Hallum analysts initiated coverage on Pixelworks (PXLW) with a ‘Buy’ rating.

Investment analysts at Nomura initiated coverage on shares of LinkedIn Corporation (LNKD), citing upgraded products and its dominance among online professional networks. The firm set a ‘Buy’ rating and a $290 price target on the name. The firm’s price target would suggest a potential upside of more than 20% from the stock’s current price of $241.56.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.