Credit Suisse initiated coverage on shares of Michael Kors Holdings Ltd (NASDAQ:KORS) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $107.00 price target on the stock. Credit Suisse’s target price would indicate a potential upside of 13.91% from the company’s current price. Michael Kors Holdings Ltd (NYSE:KORS) net profit margin is 20.00% and weekly performance is 1.63%. On last trading day company shares ended up $95.37. Analysts mean target price for the company is $108.43. Michael Kors Holdings Ltd (NYSE:KORS) distance from 50-day simple moving average (SMA50) is 3.41%.
Oracle Corporation’s (NYSE:ORCL) chief-executive officer and co-founder Lawrence J. Ellison, launched the latest version of Oracle’s database for analyzing and indexing of corporate data on June 10. Oracle Corporation (NYSE:ORCL) shares fell -0.23% in last trading session and ended the day on $42.56. ORCL gross Margin is 81.90% and its return on assets is 13.10%.Oracle Corporation (NYSE:ORCL) quarterly performance is 10.80%.
On May 29, 2014, the United States Oil Fund, LP (NYSEARCA:USO) issued its monthly account statement for the month ended April 30, 2014, which is presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. United States Oil Fund LP (ETF) (NYSEARCA:USO) shares moved down -0.08% in last trading session and was closed at $38.25, while trading in range of $38.15 – $38.36. United States Oil Fund LP (ETF) (NYSEARCA:USO) year to date (YTD) performance is 8.30%.
TheStreet downgraded shares of MeetMe Inc. (NASDAQ:MEET) from a hold rating to a sell rating in a report issued on Tuesday. MeetMe Inc. (NASDAQ:MEET) ended the last trading day at $1.85. Company weekly volatility is calculated as 4.35% and price to cash ratio as 12.32.MeetMe Inc. (NASDAQ:MEET) showed a positive weekly performance of 1.09%.
Juniper Networks Inc. (NYSE:JNPR), the industry leader in network innovation, and Aruba Networks (NASDAQ: ARUN), the leading provider of next-generation network access solutions for the mobile enterprise, on 4 June announced they have signed a strategic agreement to deliver open, converged wired and wireless network solutions based on best-of-breed technologies. Juniper Networks, Inc. (NYSE:JNPR) net profit margin is 9.60% and weekly performance is -0.08%. On last trading day company shares ended up $24.66. Analysts mean target price for the company is $28.87. Juniper Networks, Inc. (NYSE:JNPR) distance from 50-day simple moving average (SMA50) is -1.15%.