Premarket Movers: Zynga Inc (NASDAQ:ZNGA), Sirius XM Holdings (NASDAQ:SIRI), Facebook Inc. (NASDAQ:FB), Apple Inc. (NASDAQ:AAPL)

Zynga (NASDAQ:ZNGA) was upgraded by UBS AG from a “neutral” rating to a “buy” rating in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $6.00 price target on the stock. UBS AG’s target price suggests a potential upside of 33.63% from the stock’s previous close. Zynga Inc (NASDAQ:ZNGA) stock opened at $4.67 in last trading session, and closed at $4.56, trading in the range of $4.54 – $4.76. The stock showed a positive weekly performance of 1.56%.

Sirius XM Holdings Inc. (NASDAQ:SIRI) average recommendation is overweight with average Target Price of $4.24. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares closed at $3.49 on last trade day, by gaining 0.14%. Stock 52 week range is $2.95 – $4.18. Company’s market capitalization is $21.25 billion.

Facebook Inc. (NASDAQ:FB) President & CEO Mark Zuckerberg and his wife, Priscilla Chan, were named the “most generous” philanthropists in 2013 after donating nearly $1 billion worth of Facebook stock to the Silicon Valley Community Foundation, according to the latest report released Monday by the Chronicle of Philanthropy. Zuckerberg, 29, and Chen, 28, also topped the list as the youngest donors ever. Facebook Inc. (NASDAQ:FB) stock decreased -1.20% and finished the last session at $63.55. The EPS of the stock remained 0.66. Company’s market capitalization is $161.86 billion.

Billionaire activist investor Carl Icahn has backed off from his campaign urging Apple Inc. (NASDAQ:AAPL) to increase its stock buybacks, citing the company’s recent repurchases as well as an influential proxy adviser’s call against his proposal. In a letter to Apple shareholders on Monday, Icahn wrote he was ditching his non-binding proposal to force Apple to add another $50 billion to its stock buyback plan, “especially when the company is already so close to fulfilling our requested repurchase target.” Apple Inc. (NASDAQ:AAPL) stock opened at $0.25 in last trading session and closed at $518.66. The 52 week range of the stock is $385.10 – $575.14 and the day range was $518.00 – $531.99.

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