SINA Corp (NASDAQ:SINA) was downgraded by analysts at Oppenheimer from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. They currently have a $90.00 price objective on the stock. Oppenheimer’s price target suggests a potential upside of 89.55% from the stock’s previous close. The analysts noted that the move was a valuation call. SINA Corp (NASDAQ:SINA) shares after opening at $47.47 moved to $47.88 on last trade day and at the end of the day closed at $47.80. Company price to sales ratio in past twelve months was calculated as 4.71 and price to cash ratio as 1.67. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -0.84%.
A number of analysts have recently weighed in on NII Holdings Inc (NASDAQ:NIHD) shares. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of NII Holdings in a research note on Tuesday. They now have a $0.70 price target on the stock. Separately, analysts at Barclays cut their price target on shares of NII Holdings from $2.50 to $0.50 in a research note .NII Holdings Inc (NASDAQ:NIHD) shares fell -7.43% in last trading session and ended the day on $0.639. NIHD return on equity ratio is recorded as -124.80% and its return on assets is -18.20%. NII Holdings Inc (NASDAQ:NIHD) yearly performance is -90.85%.
North American Palladium Ltd (NYSEMKT:PAL) announced the operating, development, and financial results for the first quarter ended March 31, 2014 (“Q1”). Company produced 42,641 ounces of payable palladium at a cash cost per ounce (1) of US$492; Realized palladium selling price of US$739 per ounce, giving a palladium operating margin of US$247 per ounce, or US$10.5 million, Revenue of $48.7 million, Adjusted EBITDA(1) of $9.8 million, Invested $2.9 million in capital expenditures and $0.8 million in exploration, Underground ore mined at LDI was 275,845 tonnes at an average grade of 5.0 g/t palladium. Processed 254,294 tonnes of low grade surface stockpile at LDI at an average grade of 1.0 g/t palladium.
Underground production during the quarter averaged 3,065 tonnes per day, ahead of the Company’s operating guidance for the first half of 2014. North American Palladium Ltd (USA) (NYSEMKT:PAL) shares moved down -6.75% in last trading session and was closed at $0.239, while trading in range of $ 0.23 – 0.26. North American Palladium Ltd (USA)(NYSEMKT:PAL) year to date (YTD) performance is -63.23
Walter Energy (NYSE:WLT)‘s stock had its “neutral” rating reiterated by Zacks in a research note issued on Monday, Analyst Ratings News reports. They currently have a $7.50 price objective on the stock. Zacks‘s price target would indicate a potential upside of 9.01% from the company’s current price. Walter Energy, Inc. (NYSE:WLT) weekly performance is -8.61%. On last trading day company shares ended up $6.58. Walter Energy, Inc. (NYSE:WLT) distance from 50-day simple moving average (SMA50) is -21.59%. Analysts mean target price for the company is $9.25.