The Home Depot (NYSE:HD) was upgraded by investment analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a note issued to investors on Wednesday, Analyst Ratings Net reports. The firm currently has a $90.00 price target on the stock, up from their previous price target of $82.00. BMO Capital Markets’ price target suggests a potential upside of 13.45% from the stock’s previous close. The Home Depot, Inc. (NYSE:HD) shares after opening at $79.32 moved to $80.16 on last trade day and at the end of the day closed at $79.40. Company price to sales ratio in past twelve months was calculated as 0.59 and price to cash ratio as 43.57. The Home Depot, Inc. (NYSE:HD) showed a negative weekly performance of -0.85%.
Shares of J.C. Penney Company (NYSE:JCP) saw some unusual options trading activity on Tuesday. Investors purchased 22,359 put options on the company, Analyst Ratings Network reports. This represents an increase of 114% compared to the typical daily volume of 10,439 put options. J.C. Penney Company, Inc. (NYSE:JCP) shares advanced/fell -3.14% in last trading session and ended the day on $198.80. JCP return on equity ratio is recorded as -50.80% and its return on assets is -12.10%. J.C. Penney Company, Inc. (NYSE:JCP) yearly performance is -48.93%.
Pandora Media Inc (NYSE:P) has recently released its financial results of its 1Q2014. It registered GAAP total revenue of $194.3 million showcasing an increase of 69% as compared to last year and non-GAAP revenue as $180.1 million i.e. and increase of 54% in the same period of 2013. Total mobile revenue accounted for $147.0, non-GAAP diluted EPS as $0.13 and non-GAAP mobile revenue of $134.1 million. Further, Pandora registered a share of total listeners in 1Q2014 as 9.1% as compared to 8.1% in 1Q2013. Pandora Media Inc (NYSE:P) shares moved down -1.62% in last trading session and was closed at $24.31, while trading in range of $ 24.15 – 25.24. Pandora Media Inc (NYSE:P) year to date (YTD) performance is -8.61%.
Hertz Global Holdings, Inc. (NYSE:HTZ) is a $13 billion holding company that provides car rental and leasing services. The company plans to bid for about ten rental car locations among those it was forced to divest to win regulatory approval for its tie-up with Dollar Thrifty. However, the move could undo the efforts by regulators to promote competition in the car rental industry. Hertz Global Holdings, Inc.(NYSE:HTZ) weekly performance is 5.18%. On last trading day company shares ended up $29.26. Hertz Global Holdings, Inc.(NYSE:HTZ) distance from 50-day simple moving average (SMA50) is 7.34%. Analysts mean target price for the company is $30.00.