Equities research analysts at Stifel Nicolaus lifted their price objective on shares of Biogen Idec (NASDAQ:BIIB) from $360.00 to $376.00 in a research note issued to investors on Wednesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 8.34% from the company’s current price. Biogen Idec Inc (NASDAQ:BIIB) stock opened today at $355.00 and is currently trading at $330.26. The stock showed a positive weekly performance of 4.51%.
Visa Inc. (NYSE: V) and PULSE, a Discover Financial Services (NYSE: DFS) company, announced an agreement to enable financial institutions that issue EMV debit cards on both the Visa and PULSE networks to use Visa’s common debit solution. Visa’s common application identifier (AID) supports U.S. debit regulations requiring the ability to route transactions over multiple, unaffiliated networks. A common debit solution shared among all participants will help to accelerate EMV chip adoption in the United States and provide a uniform platform that will enable network innovation. Visa Inc (NYSE:V) stock opened at $222.97, in current trading session and currently is at $229.62, by gaining 3.52%.The 52 week range of $157.72-$235.50. Company’s market capitalization is $144.03 billion.
FireEye, Inc. (Nasdaq:FEYE), the leader in stopping today’s advanced cyber attacks, today announced the opening of a research and development (R&D) center in Dresden, Germany. The FireEye European R&D team will work closely with local universities to empirically test FireEye endpoint threat defense technology and research threat intelligence in tandem with existing FireEye R&D centers in Singapore and Bangalore. FireEye Inc (NASDAQ:FEYE) stock is currently trading at $68.59 .The EPS of the stock is -5.58. Company’s market capitalization is $9.92 billion.
Bank of America Corp (NYSE:BAC) shares have been on a steady upward march since 2013 and have risen by more than 33% in the last one year. Its various legal troubles have been mostly settled by paying billions of dollars to the government. No doubt, the litigation expenses have been quite spectacular — upwards of $50.0 billion since the financial crisis — but the Company also has assets in excess of $2 trillion. In the latest news of fresh legal troubles, the Federal Deposit Insurance Corporation (FDIC) sued 16 large banks on March 14 including Bank of America for manipulating the Libor interest rate. Bank of America Corp (NYSE:BAC) stock opened the session at $18.03, and now is at $17.79. The 52 week range of the BAC stock remained $11.23-$18.03 and the day range was $17.61-$18.03.
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