Apple Inc. (NASDAQ:AAPL) dominant position in the smartphone and tablet market, and expectations of a bigger iPhone, has earned the company a Buy rating from Deutsche Bank. Apple Inc. (NASDAQ:AAPL) shares after opening at $530.68 moved to $532.24 on last trade day and at the end of the day closed at $523.48. Company price to sales ratio in past twelve months was calculated as 2.68 and price to cash ratio as 11.47. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of -2.84%.
Tesla Motors Inc. (NASDAQ:TSLA) responded to the lemon lawsuit filed by a Wisconsin lawyer on behalf of Robert Montgomery, a customer who bought a Model S for approximately $98,000 including state taxes in March 2013. Tesla Motors Inc. (NASDAQ:TSLA) shares fell -5.87% in last trading session and ended the day on $204.19. TSLA return on equity ratio is recorded as -14.60% and its return on assets is -3.90%. Tesla Motors Inc. (NASDAQ:TSLA) yearly performance is 368.43%.
Netflix (NASDAQ:NFLX) was downgraded by research analysts at The Street from a “buy” rating to a “hold” rating in a report released on Wednesday, Stock Ratings Network.com reports. Netflix, Inc. (NASDAQ:NFLX) shares moved down -5.18% in last trading session and was closed at $334.73, while trading in range of $334.01 – $357.48. Netflix, Inc. (NASDAQ:NFLX) year to date (YTD) performance is -9.08%.
Yesterday Facebook Inc. (NASDAQ:FB) began the process of notifying users that it will soon disable the messaging functions within its mobile app for smartphones and tablets. Facebook Inc. (NASDAQ:FB) weekly performance is -0.55%. On last trading day company shares ended up $59.16. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -9.44%. Analysts mean target price for the company is $73.96.
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