Aixtron SE (AIXG) was reiterated a ‘Sell’ by Canaccord Genuity analysts on Thursday. The broker also cut its price target on the stock to $3.75 from $4.50. AIXG was down $1.95 at $4.53 in mid-day trade, moving within a 52-week range of $4.45 to $11.46. The name, valued at $505.44 million, opened at $4.48.
Analysts at Bernstein downgraded Lululemon Athletica Inc. (LULU) from ‘Outperform’ to ‘Market Perform’ in a research report issued to clients on Thursday. LULU, currently with a median Wall Street price target of $65.00 and a high target of $85.00, rose $0.87 to $46.185 in recent trading. Shares of the $6.49 billion market cap company are down 5.05% year-over-year and 18.77% year-to-date.
The Men’s Wearhouse, Inc. (MW) was downgraded from ‘Buy’ to ‘Hold’ at Johnson Rice. Men’s Wearhouse Inc. shares are currently changing hands at 24.83x this year’s forecasted earnings, compared to the industry’s 18.63x earnings multiple. Ticker has a t-12 price/sales ratio of 0.25. EPS for the same period registers at $0.60.
Shares of MW have lost $3.50 to $14.89 in mid-day trading on Thursday, giving it a market cap of roughly $720.51 million. The stock traded as high as $66.18 in Jun 22, 2015.
GameStop Corp. (GME) was reiterated as ‘Buy’ with a $45 from $50 price target on Thursday by Sun Trust Rbsn Humphrey. GME recently traded at $32.03, a loss of $0.41 over Wednesday’s closing price. The name has a current market capitalization of $3.38 billion.
Shares of SunEdison, Inc. (SUNE) are up $0.04 to $4.00 in mid-day trading after BofA/Merrill reiterated its ‘Buy’ rating and decreased its 12-month base case estimate on the name by 3 points to $12 a share.
In the past 52 weeks, shares of the company have traded between a low of $2.55 and a high of $33.45 and are now trading at $4.01. Shares are down 80.23% year-over-year and 79.70% year-to-date.
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