Analysts at Citigroup (C) are out with a report this morning upgrading shares of FireEye, Inc. (FEYE) with a ‘Buy’ from ‘Neutral’ rating. The firm cited the company’s ability to grow quickly and “expand its product line into adjacent markets.”
In the past 52 weeks, shares of Milpitas, California-based cybersecurity solutions firm have traded between a low of $19.76 and a high of $55.33 and are now at $21.64.
Shares are down 32.27% year-over-year and 36.07% year-to-date.
Analysts at Goldman Sachs (GS) upgraded their rating on the shares of Myriad Genetics, Inc. (MYGN). In a research note published on Tuesday, the firm lifted the name with a ‘Neutral’ from ‘Sell’ rating.
On valuation measures, Myriad Genetics Inc. shares are currently priced at 35.67x this year’s forecasted earnings. Ticker has a PEG and forward P/E ratio of 1.63 and 23.41, respectively. Price/Sales for the same period is 4.04 while EPS is $1.24. Currently there are 5 analysts that rate MYGN a ‘Buy’, 7 rate it a ‘Hold’. 4 analysts rate it a ‘Sell’.
MYGN has a median Wall Street price target of $38 with a high target of $50.
TherapeuticsMD, Inc. (TXMD) was reiterated a ‘Buy’ by Jefferies analysts on Tuesday. The broker also raised its price target on the stock to $18 from $15.
TXMD is up $2.77 at $9.30 on heavy volume. Midway through trading Tuesday, 20.12 million shares of TherapeuticsMD Inc. have exchanged hands as compared to its average daily volume of 988K shares. The stock has ranged in a price between $8.35 to $9.81 after having opened the day at $8.57.
Spirit Airlines, Inc. (SAVE) was reiterated as ‘Outperform’ with a $55 from $50 price target on Tuesday by Cowen.
The Hershey Company (HSY) was upgraded to ‘Buy’ from ‘Hold’ by Argus analysts on Tuesday. The broker set its price target on the stock at $96/shr.
HSY began trading this morning at $87.42 to currently trade 0.63% higher from the prior days close of $87.14. On an intraday basis it has gotten as low as $86.68 and as high as $88.32.
Hershey Co. is down 10.57% year-over-year, compared with a 0.84% gain in the S&P 500.
Amazon.com (AMZN) — Pacific Crest initiated coverage of the e-commerce giant’s stock with an ‘Overweight’ rating and an $800 price target.
AMZN was up $4.93 at $674.76 in midday trade, moving within a 52-week range of $285.25 to $684.82. The name, valued at $316.30 billion, opened at $663.13.
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