Sprint Corporation (NYSE:S)‘s stock had its “underperform” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Thursday, American Banking & Market News reports. They currently have a $5.50 price objective on the stock. Credit Suisse’s price objective would indicate a potential downside of 40.02% from the stock’s previous close. Sprint Corporation (NYSE:S) shares closed at $8.97 on last trade day, by losing -0.66%. Stock 52 week range is $5.15 – $11.47. Company’s market capitalization is $35.27 billion.
Morgan Stanley (NYSE:MS) Chief Executive Officer James Gorman emerged as this week’s winner among the six biggest U.S. banks after shares of his firm surged on fourth-quarter results that beat analysts’ estimates. Morgan Stanley (NYSE:MS) shares closed at $33.40 on last trade day, by gaining 4.38%. Stock 52 week range is $20.16 – $33.52. Company’s market capitalization is $65.17 billion.
General Electric Company (NYSE:GE) favors reforms to Germany’s energy policy as proposed by new Energy Minister Sigmar Gabriel, saying the reduced renewable energy subsidies will make the market more efficient. General Electric Company (NYSE:GE) shares closed at $26.58 on last trade day, by losing -2.28%. Stock 52 week range is $21.11 – $28.09. Company’s market capitalization is $268.92 billion.
Zacks reaffirmed their neutral rating on shares of American Express Company (NYSE:AXP) in a report released on Friday, Stock Ratings News reports. Zacks currently has a $92.00 price objective on the stock. American Express Company (NYSE:AXP) stock rose 3.63% and finished the last session at $90.97. The EPS of the stock remained 4.88. Company’s market capitalization is $96.79 billion.
Verizon Communications Inc. (VZ), the second-largest U.S. communications company, agreed to acquire Intel Corporation (NASDAQ:INTC)’s pay-TV startup to extend its offerings of Internet-based TV services. Intel Corporation (NASDAQ:INTC) stock opened at $25.36 in last trading session, and closed at $25.85, trading in the range of $25.25 – $25.86. The stock showed a positive weekly performance of 1.25%.