Overbought Stocks: AT&T Inc. (NYSE:T), Corning Inc.orporated (NYSE:GLW), Suncor Energy (NYSE:SU), CenturyLink, Inc. (NYSE:CTL)

Posted by on Apr 04, 2014

Dallas-based AT&T Inc. (NSYE:T) and Capital One, which has a division based in Plano, is finalizing preparations for Bracket Town and the March Madness Music Festival, the free three-day music concert at the newly-constructed Reunion Park in downtown Dallas. AT&T Inc. (NYSE:T) shares after opening at $35.45 moved to $35.67 on last trade day and at the end of the day closed at $35.63. Company price to sales ratio in past twelve months was calculated as 1.44 and price to cash ratio as 55.56. AT&T Inc. (NYSE:T) showed a positive weekly performance of 1.92%.

Shares of Corning (NYSE:GLW) have earned a consensus rating of “Hold” from the twenty-five analysts that are presently covering the company, Analyst Ratings.Net reports. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $19.05. Corning Incorporated (NYSE:GLW) shares advanced 1.08% in last trading session and ended the day on $21.59. GLW return on equity ratio is recorded as 9.20% and its return on assets is 6.90%. Corning Incorporated (NYSE:GLW) yearly performance is 65.82%.

Suncor Energy (NYSE:SU) was upgraded by investment analysts at The Street from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, AnalystRatings.NET reports. Suncor Energy Inc. (USA) (NYSE:SU) shares moved up 0.03% in last trading session and was closed at $35.50, while trading in range of $35.28 – $35.67. Suncor Energy Inc. (USA) (NYSE:SU) year to date (YTD) performance is 1.92%.

CenturyLink (NYSE:CTL) has received a consensus rating of “Hold” from the fifteen ratings firms that are currently covering the company, Analyst RN reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $34.44. CenturyLink, Inc. (NYSE:CTL) weekly performance is 2.76%. On last trading day company shares ended up $33.49. CenturyLink, Inc. (NYSE:CTL) distance from 50-day simple moving average (SMA50) is 10.49%. Analysts mean target price for the company is $33.41.

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