Pacific Crest upgraded SINA Corp (NASDAQ:SINA) to reflect increasing liquidity in many of its assets, increased clarity on asset composition, limited downside and decreased Weibo valuation reliance. Price target is $88. SINA Corp (NASDAQ:SINA) shares after opening at $60.84 moved to $61.28 on last trade day and at the end of the day closed at $58.95. Company price to sales ratio in past twelve months was calculated as 5.92 and price to cash ratio as 2.11. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -10.86%.
JoS. A. Bank Clothiers Inc. (NASDAQ:JOSB) is opening a Bakersfield location at The Marketplace shopping centre, 9000 Ming Ave. The store is expected to sell tailored and casual clothing, footwear and accessories. The company said it will also offer tuxedo rentals and tailoring services. Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) shares advanced 0.03% in last trading session and ended the day on $64.27. JOSB return on equity ratio is recorded as 9.40% and its return on assets is 7.20%. Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) yearly performance is 58.14%.
Neonode Inc., (NASDAQ:NEON), the optical touch company, has completed its Windows 8 certification process with Microsoft for its Multi-touch PC solution, which will be called zForce(R) PLUS. Neonode, Inc. (NASDAQ:NEON) shares moved down -2.41% in last trading session and was closed at $5.68, while trading in range of $5.52 – $5.99. Neonode, Inc. (NASDAQ:NEON) year to date (YTD) performance is -10.13%.
RBC Capital increased its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) as the firm is now more confident that traffic momentum at the company’s restaurants can be sustained following a price hike later in 2014. The firm also raised its margin outlook for the company and reiterates an Outperform rating. Chipotle Mexican Grill, Inc. (NYSE:CMG) weekly performance is -7.19%. On last trading day company shares ended up $567.17. Chipotle Mexican Grill, Inc. (NYSE:CMG) distance from 50-day simple moving average (SMA50) is 2.38%. Analysts mean target price for the company is $593.33.
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