Tag: ADBE

  • Tech Movers – Hewlett-Packard Company (NYSE:HPQ), Adobe Systems Incorporated (NASDAQ:ADBE), Red Hat Inc (NYSE:RHT), Microsoft Corporation (NASDAQ:MSFT)

    Equities researchers at Atlantic Securities initiated coverage on shares of Hewlett-Packard (NYSE:HPQ) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock. Hewlett-Packard Company (NYSE:HPQ) stock opened at $27.73 in last session, and closed at $27.70, while the day range of stock is $27.27 – $27.77. The stock showed a negative weekly performance of -2.26%.

    Adobe Systems (NASDAQ:ADBE) Director Robert Burgess sold 94,832 shares of the stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $59.18, for a total value of $5,612,157.76. Adobe Systems Incorporated (NASDAQ:ADBE) stock opened at $59.35, in last session and closed at $59.53, by gaining 0.74%. The 52 week range of the stock is $37.36 – $61.09. Company’s market capitalization is $29.87 billion.

    Red Hat (NYSE:RHT) was upgraded by investment analysts at Morgan Stanley to an “overweight” rating in a note issued to investors on Monday, Analyst Ratings News reports. Red Hat Inc (NYSE:RHT) stock decreased -0.84% and finished the last session at $56.81. The EPS of the stock remained 0.91. Company’s market capitalization is $10.77 billion.

    Microsoft Corporation (NASDAQ:MSFT) is desperately searching for some good news. It appears to be within its reach but then slips away. Let us look at the two recent instances, both of them equally important. Microsoft Corporation (NASDAQ:MSFT) stock opened the session at $35.90, and closed the session at $36.04. The 52 week range of the stock remained $26.28 – $38.98and the day range was $35.75 – $36.15.