NASDAQ news highs: Micron Technology (NASDAQ:MU), Sanmina Corp (NASDAQ:SANM), Carrizo Oil & Gas (NASDAQ:CRZO), China XD Plastics Co (NASDAQ:CXDC)

Posted by on Apr 24, 2014

Research analysts at Drexel Hamilton hoisted their target price on shares of Micron Technology (NYSE:MU) from $20.00 to $50.00 in a report released on Monday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Drexel Hamilton’s price objective would indicate a potential upside of 90.99% from the stock’s previous close Micron Technology, Inc. (NASDAQ:MU) shares after opening at $26.19 moved to $26.46 on last trade day and at the end of the day closed at $26.25. Company price to sales ratio in past twelve months was calculated as 2.11 and price to cash ratio as 6.24. Micron Technology, Inc. (NASDAQ:MU) showed a positive weekly performance of 18.40%.

Sanmina Corp (NASDAQ:SANM) reported fiscal 2014 second quarter results that exceeded expectations. The management linked the strong performance to various improvements and adjustments in the company, promising that revenue and profits will continue to improve. Sanmina Corp (NASDAQ:SANM) shares advanced 14.46% in last trading session and ended the day on $20.90. SANM return on equity ratio is recorded as 9.60% and its return on assets is 3.40%. Sanmina Corp (NASDAQ:SANM) yearly performance is 67.33%.

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) announced it will hold a conference call to discuss 2014 first quarter financial results on Tuesday, May 6, 2014 at 9:00 AM Central Daylight Time. Carrizo plans to issue a press release containing its financial and operating results before the market opens on Tuesday, May 6, 2014. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) shares moved up 1.63% in last trading session and was closed at $54.78, while trading in range of $53.56-$55.42. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) year to date performance is 22.36%.

TheStreet upgraded shares of China XD Plastics (NASDAQ:CXDC) from a hold rating to a buy rating in a research note issued to investors on Thursday, Stock Ratings Network.com reports.China XD Plastics Co Ltd (NASDAQ:CXDC) weekly performance is 29.97%. On last trading day company shares ended up $7.59. China XD Plastics Co Ltd (NASDAQ:CXDC) distance from 50-day simple moving average is 44.60%.

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