Rite Aid Corporation (NYSE:RAD) has got the right stuff. Shares of the drug store were up yesterday more than 5% on an upgrade from Goldman Sachs. Analyst, Robert P. Jones changed his opinion on RAD to “Buy” from “Neutral” and thinks the stock is headed to $8.00 – upside potential of 16.96% as we type. Rite Aid Corporation (NYSE:RAD) stock opened at $7.05 in last session, and closed at $6.77, while the day range of RAD stock is $6.74-$7.05.The stock showed a positive weekly performance of 1.98%.
Carl Icahn is holding nothing back in his battle to force eBay Inc. (Nasdaq:EBAY) to spin off its PayPal payment processing business. On the same day eBay rejected two of Icahn’s nominees for its board, the billionaire activist investor fired off another open letter to the company’s stockholders berating Chief Executive Officer John J. Donahoe’s handling of the Skype deal. eBay Inc (NASDAQ:EBAY) stock opened at $58.30, in last session and closed at $56.70, by loosed -2.21%. The 52 week range was $48.06-$59.70. Company’s market capitalization is $73.41 billion.
Stock analysts at Cowen and Company increased their price objective on shares of Delta Air Lines (NYSE:DAL) from $37.00 to $41.00 in a report issued on Monday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Cowen and Company’s target price points to a potential upside of 17.41% from the company’s current price. Delta Air Lines, Inc. (NYSE:DAL) stock loosed -2.67% and finished the last session at $33.58. The EPS of the stock remained 12.28. Company’s market capitalization is $28.52 billion.
American Airlines Group Inc (NASDAQ:AAL) merger with US Airways Group Inc was defended by the US Justice Department which in its report to the deciding US judge disputed criticisms pertaining to the deal and maintained that the deal will certainly benefit many passengers. American Airlines Group and US Airways who had completed the merger last December are currently in the process of selling assets which is mentioned under the agreement. The sell off includes assets at Reagan National Airport near Washington, D.C., and at LaGuardia Airport in New York. American Airlines Group Inc after the merger announced it had sold 34 slots at LaGuardia and 86 at Reagan National netting $381 million in cash. With the merger American Airlines Group Inc is the holding company for American Airlines and US Airways. American Airlines Group Inc (NASDAQ:AAL) stock opened the session at $37.90, and closed the session at $36.74. The 52 week range of the AAL stock remained $23.45-$39.88 and the day range was $35.75-$37.99.
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