Research analysts at SunTrust assumed coverage on shares of Cisco Systems (NASDAQ:CSCO) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $27.00 price target on the stock. SunTrust’s price objective suggests a potential upside of 20.21% from the stock’s previous close. Cisco Systems, Inc. (NASDAQ:CSCO) shares after opening at $22.63 moved to $22.94 on last trade day and at the end of the day closed at $22.85. Company price to sales ratio in past twelve months was calculated as 2.46 and price to cash ratio as 2.50.
Micron Technology (NYSE: MU) received a number of ratings updates from brokerages and research firms in the last week: Micron Technology is now covered by analysts at Piper Jaffray. They set an “overweight” rating and a $30.00 price target on the stock.Micron Technology, Inc. (NASDAQ:MU) shares advanced 3.64% in last trading session and ended the day on $21.90. MU return on equity ratio is recorded as 32.50% and its return on assets is 15.40%. Micron Technology, Inc. (NASDAQ:MU) yearly performance is 129.08%.
Intel Corporation (NASDAQ:INTC) is set to report its first quarter earnings on Tuesday, April 15 at 4:00 p.m. EDT. The announcement will be followed by a conference call beginning at 5:00 p.m. EDT to discuss results and outlook. Wall Street consensus calls for $0.37 in earnings per share on revenues of $12.81 billion. While revenues are expects to go up 1.9% from last year’s $12.59 billion, EPS is estimated to plummet from 40 cents in the same quarter last year. Intel Corporation (NASDAQ:INTC) shares moved up 1.45% in last trading session and was closed at $26.56, while trading in range of $26.14-$26.65. Intel Corporation (NASDAQ:INTC) year to date performance is 3.31%.
However, the point forward for Advanced Micro Devices, Inc. (NYSE:AMD) is to achieve momentum on multiple capabilities. In addition to working with Mentor Graphics, the company should also move forward in other verticals as well. The new plans – as a solution provider as well as graphics support person is indeed delightful and satisfying. Incidentally, the recent launch of AMDs latest graphics card- has continued to attract buyers. Additionally, AMD has also made significant progress on game developing technology, bringing in higher returns for this chipmaker. Advanced Micro Devices, Inc. (NYSE:AMD) weekly performance is -4.38%. On last trading day company shares ended up $3.71. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average is -2.00%. Analysts mean target price for the company is $4.04.
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