Investment analysts at Deutsche Bank boosted their price objective on shares of Cisco Systems Inc (NASDAQ:CSCO) from $25.00 to $30.00 in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 22.35% from the stock’s previous close. Cisco Systems, Inc. (NASDAQ:CSCO) stock opened today at $24.75 and is currently trading at $24.79. The stock showed a positive weekly performance of 0.62%.
Facebook Inc. (NASDAQ:FB) has announced plans to expand its video advertising service to seven new countries as the race for more advertisement revenue hits the home stretch. The latest countries that will enjoy the new advertising platform include Britain, Brazil and five others. The move according to many analysts will go a long way in enabling the company capture a bigger slice in the lucrative advertising budgets. Facebook Inc (NASDAQ:FB) stock opened at $61.57, in current trading session and currently is at $62.22, by gaining 1.42%. The 52 week range of $22.67 – $72.59. Company’s market capitalization is $159.68 billion.
American Airlines Group Inc (NASDAQ:AAL) reported the traffic results for the month of April 2014 and year to date for the fiscal 2014. The American Airlines Group Inc (NASDAQ:AAL) continue to experience challenge over its operating statistics as a result of negative performance in the pacific route. But, the increasing capacities over Latin America, Atlantic and domestic route compensate the incurring loss and maintain the operating efficiency. American Airlines Group Inc (NASDAQ:AAL) stock is currently trading at $39.44. The EPS of the stock is -6.30. Company’s market capitalization is $28.40 billion.
Apple Inc. (NASDAQ:AAPL) is preparing to release its extremely expected iOS 8 at the WDC, which will take place on June 2 and will begin at 10 AM PST (1 PM EDT). The company is planning on revealing more information about the iOS and OS X’s updates and with this occasion, many skeptical users who are afraid that the iOS 8 will support their current Apple phones, tablets or portable media players, or before making the software upgrade, they’ll be forced to upgrade their hardware. Apple Inc. (NASDAQ:AAPL) stock opened the session at $615.89, and now is at $618.38. The 52 week range of the stock remained $388.87 – $619.20 and the day range was $615.61 – $619.20.
GT Advanced Technologies Inc (NASDAQ:GTAT) rallied 8.10% after the news in ETNews.com that said sapphire is beginning to be used as smartphone cover glass in earnest, and that growth of related downstream industries is anticipated. GT Advanced Technologies Inc (NASDAQ:GTAT) stock opened today at $16.50 and is currently trading at $16.38. The stock showed a positive weekly performance of 14.83%.