Forbes reported Monday that Apple Inc. (NASDAQ: AAPL), which offers its iTunes Radio as a rival to Pandora Media Inc (NYSE:P), may finally be ready to launch an iTunes Radio app for Google Inc.’s (NASDAQ: GOOG) Android. Apple has limited its apps to its own devices. But, given its declining market share, stagnant stock price and the failure of iTunes Radio to offer real competition to Pandora, it may be time for a new strategy on Apple’s part. By offering the iTunes app for Android, Apple hopes to significantly broaden its reach. Pandora Media Inc (NYSE:P) shares after opening at $32.87 moved to $33.43 on last trade day and at the end of the day closed at $31.39. Company price to sales ratio in past twelve months was calculated as 9.85 and price to cash ratio as 12.95. Pandora Media Inc (NYSE:P) showed a negative weekly performance of -10.60%.
Investment analysts at BMO Capital Markets boosted their price target on shares of Silver Wheaton Corp. (NYSE:SLW) from $13.00 to $31.00 in a note issued to investors on Friday, AnalystRatings.NET reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 23.56% from the stock’s previous close. Silver Wheaton Corp. (USA) (NYSE:SLW) shares fell -7.07% in last trading session and ended the day on $23.27. SLW return on equity ratio is recorded as 14.30% and its return on assets is 12.20%. Silver Wheaton Corp. (USA) (NYSE:SLW) yearly performance is -24.15%.
Citi Research analysts Shahriar (Shar) Pourreza, Mark Rudovic, Ryan Levine and Sophie K Karp maintain a Neutral rating for Trina Solar Limited (ADR) (NYSE:TSL) as they examine the Q4 results of the company. Trina Solar Limited (ADR) (NYSE:TSL) shares moved down -8.85% in last trading session and was closed at $14.22, while trading in range of $14.16-$15.81. Trina Solar Limited (ADR) (NYSE:TSL year to date performance is 4.02%.
JinkoSolar (NYSE:JKS) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. JinkoSolar Holding Co., Ltd. (NYSE:JKS) weekly performance is -5.88%. On last trading day company shares ended up $29.46. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average is -7.47%. Analysts mean target price for the company is $43.00.
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