Facebook (NASDAQ:FB) was upgraded by Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a $87.00 price objective on the stock, up from their previous price objective of $65.00. Credit Suisse’s target price suggests a potential upside of 48.64% from the company’s current price. Facebook Inc (NASDAQ:FB) shares after opening at $60.98 moved to $61.15 on last trade day and at the end of the day closed at $58.53. Company price to sales ratio in past twelve months was calculated as 16.85 and price to cash ratio as 11.89. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 0.65%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), a Brazil-based integrated oil and gas company, this month is leaving no stone unturned to make investors and others believe that the company is much more than just scandals. In a setback to the oil major, Brazilian senators on Tuesday decided to open an investigation on the company. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares advanced 5.08% in last trading session and ended the day on $15.30. PBR return on equity ratio is recorded as 0.73% and its return on assets is 3.99%. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) yearly performance is -17.56%.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced that Nashville-based band The Black Keys will perform at Mercy Lounge in Nashville, Tennessee for an invitation-only concert for SiriusXM listeners. The concert, which will air live on Tuesday, May 27 at 8:00 pm ET on Alt Nation, via satellite on channel 36, and through the SiriusXM Internet Radio App on smartphones and other connected devices, as well as online at siriusxm.com, will feature the band performing songs from their new album, Turn Blue, which is scheduled to be released on May 13, as well as music from their previous albums. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved down -1.24% in last trading session and was closed at $3.19, while trading in range of $ 3.18 – 3.23. Sirius XM Holdings Inc.(NASDAQ:SIRI) year to date (YTD) performance is -8.60%.
Rio de Janeiro, Brazil based integrated telecommunication services provider Oi SA (ADR) (NYSE:OIBR) notified its shareholders in connection with its primary public offering of common as well as preferred shares (which also include shares in the form of American Depositary Shares as represented by ADR – American Depositary Receipts). The notification was pursuant to article 157 and Instruction No. 358/02 of the Comissao de Valores Mobiliarios – “CVM” (the Brazilian Securities and Exchange Commission). Oi SA (ADR)(NYSE:OIBR) weekly performance is 12.87%. On last trading day company shares ended up $0.982. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -26.98%. Analysts mean target price for the company is $2.83.
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