JPMorgan’s Philip Cusick has upgraded Gogo Inc (NASDAQ:GOGO), to Overweight, and set a $28 PT.Cusick calls the in-flight Wi-Fi provider’s recent selloff “macro or sentiment-driven,” believes its business aviation ops are worth $11/share alone, and sees plenty of U.S. and international opportunities as Gogo “accelerates the pace of RFPs.”The upgrade follows deals with Boeing and Air Canada, and the unveiling of Gogo’s high-capacity 2Ku satellite connectivity platform. Gogo Inc (NASDAQ:GOGO), shares after opening at $17.75 moved to $18.24 on last trade day and at the end of the day closed at $17.97. Company price to sales ratio in past twelve months was calculated as 4.65 and price to cash ratio as 5.74. Gogo Inc (NASDAQ:GOGO), showed a negative weekly performance of 8.13%.
Infinera Corp. (NASDAQ:INFN), was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. The firm currently has a $10.00 price target on the stock. Zacks‘s price objective suggests a potential upside of 23.00% from the stock’s previous close. Infinera Corp. (NASDAQ:INFN), shares advanced 6.03% in last trading session and ended the day on $8.62. Infinera Corp. (NASDAQ:INFN), return on equity ratio is recorded as -8.10% and its return on assets is -5.10%. Infinera Corp. (NASDAQ:INFN), yearly performance is 39.71%.
Acacia Research Corp (NASDAQ:ACTG), reported that its first quarter GAAP net loss of $24.4 million or $0.51 per share, compared to net income of $5.1 million or $0.10 per share in the comparable prior year quarter. Acacia Research Corp (NASDAQ:ACTG), shares moved up 7.36% in last trading session and was closed at $17.06, while trading in range of $ 15.52 – 17.17. Acacia Research Corp (NASDAQ:ACTG), year to date (YTD) performance is 18.31%.
Qiwi PLC (NASDAQ:QIWI), was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday, American Banking & Market News reports. The firm currently has a $31.70 price objective on the stock. Zacks‘s target price points to a potential upside of 2.39% from the stock’s previous close. Qiwi PLC (NASDAQ:QIWI), weekly performance is 8.31%. On last trading day company shares ended up $34.01. Qiwi PLC (NASDAQ:QIWI), distance from 50-day simple moving average (SMA50) is -7.57%. Analysts mean target Price for the company is $51.44.
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