Zynga Inc (NASDAQ:ZNGA) which has advanced 43.7% so far in 2014 to perch at $5.46 — saw its price target increased to $7 from $6 at Wedbush earlier. There is still plenty of room for more price-target hikes and/or upgrades for Zynga Inc in the near term, too, as the consensus 12-month price target of $4.26 sits at a 22% discount to the stock’s current price. Plus, 17 of the 19 covering analysts maintain “hold” or worse suggestions on the equity. Should the skeptical brokerage firms follow in Wedbush’s footsteps, ZNGA could receive additional support on the charts. Zynga Inc (NASDAQ:ZNGA) shares after opening at $5.34 moved to $5.47 on last trade day and at the end of the day closed at $5.35. Company price to sales ratio in past twelve months was calculated as 5.03 and price to cash ratio as 3.90. Zynga Inc (NASDAQ:ZNGA) showed a negative weekly performance of -5.31%.
Stock analysts at Barclays raised their price target on shares of Activision Blizzard (NASDAQ:ATVI) from $22.00 to $24.00 in a report issued on Friday, Analyst Ratings Network reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price suggests a potential upside of 13.05% from the company’s current price. Activision Blizzard, Inc.(NASDAQ:ATVI) shares fell -0.61% in last trading session and ended the day on $21.10. ATVI return on equity ratio is recorded as 13.60% and its return on assets is 10.00%. {Full Company Name} yearly performance is 47.35%.
In 2010, Cisco Systems, Inc.(NASDAQ:CSCO) did not pay a dividend, but it now pays out $0.19 every quarter for that solid 3.5% yield. As a consequence, some income investors will own Cisco as a bond equivalent stock. This should provide some support for shares going forward. Importantly, Cisco is only paying out a portion of earnings as it should earn about $2.00 per share in this fiscal year. Cisco Systems, Inc.(NASDAQ:CSCO) shares moved up 0.56% in last trading session and was closed at $21.63, while trading in range of $21.29 – 21.71 . Cisco Systems, Inc.(NASDAQ:CSCO) year to date (YTD) performance is -2.83%.
Bask Iyer, CIO of Juniper Networks, Inc. (NYSE:JNPR) said moving applications to the cloud required him to swap out Juniper’s switches and routers for newer networking gear. He upgraded because increased reliance on software delivered over the Internet was slowing down the network. Juniper Networks, Inc. (NYSE:JNPR) weekly performance is 2.05%. On last trading day company shares ended up $25.91. Juniper Networks, Inc.(NYSE:JNPR) distance from 50-day simple moving average (SMA50) is -1.20%. Analysts mean target price for the company is $29.21.
Leave a Reply