Investment analysts at Dougherty & Co assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $11.00 price target on the stock. Dougherty & Co’s price objective suggests a potential upside of 46.47% from the stock’s previous close. Rubicon Technology, Inc. (NASDAQ:RBCN) stock opened today at $7.50 and is currently trading at $7.78. The stock showed a negative weekly performance of -6.24%.
Internet television giant, Netflix, Inc. (NASDAQ:NFLX), has opted to take a cautious approach in the hiking of it’s the prices for new users, as a way of avoiding the debacle that engulfed it in 2011. As a result of the latest changes, domestic new subscribers will now be required to pat ways with $8.99 for Netflix’s services up by $1 from the previous offering. International users will on the other hand experience a more than $1 in hike, as a result of foreign exchange rates. Netflix, Inc. (NASDAQ:NFLX) stock opened at $344.45, in current trading session and currently is at $347.54, by gaining 0.61%. The 52 week range of $205.75 – $458.00. Company’s market capitalization is 20.83 billion.
BlackBerry Ltd (NASDAQ:BBRY) launched a low-cost touchscreen device in Jakarta, the Z3, as the embattled smartphone maker looks to revive sales in emerging markets like Indonesia where its once-fervent following has shrivelled. BlackBerry Ltd (NASDAQ:BBRY) stock is currently trading at $7.53. The EPS of the stock is -1.62. Company’s market capitalization is 3.96 billion.
A pioneer in the delivering breakthrough solutions in electronic and LED solutions industry, GT Advanced Technologies Inc (NASDAQ:GTAT) has revealed its quarterly results. It has performed decently in its first quarter. However, it is looking forward towards strong growth and thus sis focusing on its sapphire and Silicon solutions market. GTAT has also tied up with new ventures towards developing new composite solutions for strong growth throughout the year. GT Advanced Technologies Inc. (NASDAQ:GTAT) stock opened the session at $13.58, and now is at $13.78. The 52 week range of the GT Advanced Technologies Inc. (NASDAQ:GTAT) stock remained $3.44 – $19.44 and the day range was $13.23 – $14.17.
McKesson Corp. (NYSE:MCK) said adjusted earnings per share amounted to $2.55 in the fourth quarter of its financial year, more than the $2.39 that analysts had projected. Revenue in the three months through March totaled $38.1 billion, above the $35.9 billion average estimate. McKesson Corporation (NYSE:MCK) stock opened today at $180.00 and is currently trading at $179.55. The stock showed a positive weekly performance of 3.27%.
Leave a Reply