Tag: CREE

  • Tech Sector Recent Upgrades: BlackBerry (NASDAQ:BBRY), Yahoo! Inc. (NASDAQ:YHOO), Mobile TeleSystems OJSC (NYSE:MBT), Cree (NASDAQ:CREE)

    BlackBerry Ltd (NASDAQ:BBRY) was upgraded by equities researchers at Needham & Company LLC from an “underperform” rating to a “hold” rating in a research report issued on Monday,AnalystRatingsNetwork reports. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $7.34 moved to $7.37 on last trade day and at the end of the day closed at $7.15. Company price to sales ratio in past twelve months was calculated as 0.30 and price to cash ratio as 1.37. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -10.18%.

    Macquarie upgraded shares of Yahoo! Inc (NASDAQ:YHOO) from a neutral rating to an outperform rating in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. Yahoo! Inc. (NASDAQ:YHOO) shares advanced 6.26% in last trading session and ended the day on $36.35. YHOO return on equity ratio is recorded as 10.20% and its return on assets is 8.50%. Yahoo! Inc. (NASDAQ:YHOO) yearly performance is 53.38%.

    Mobile TeleSystems OJSC (NYSE:MBT) was upgraded by analysts at Standpoint Research from a hold rating to a buy rating. Mobile TeleSystems OJSC (ADR) (NYSE:MBT) shares moved up 2.14% in last trading session and was closed at $15.75 while trading in range of $15.40 – 15.80 – Mobile TeleSystems OJSC (ADR) (NYSE:MBT) year to date (YTD) performance is -27.18%.

    Cree Inc (NASDAQ:CREE) was upgraded by investment analysts at Needham & Company LLC from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday,TheFlyOnTheWall.com reports. Cree, Inc. (NASDAQ:CREE) weekly performance is -1.81%. On last trading day company shares ended up $56.38. Cree, Inc. (NASDAQ:CREE) distance from 50-day simple moving average (SMA50) is -4.56%. Analysts mean target price for the company is $64.35.