Research analysts at Jefferies Group assumed coverage on shares of Applied Materials Inc. (NASDAQ:AMAT) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $28.00 price target on the stock. Jefferies Group’s target price suggests a potential upside of 30.72% from the stock’s previous close. Applied Materials, Inc. (NASDAQ:AMAT) net profit margin is 10.20% and weekly performance is 4.97%. On last trading day company shares ended up $21.56. Analysts mean target price for the company is $21.19. Applied Materials, Inc. (NASDAQ:AMAT) distance from 50-day simple moving average (SMA50) is 10.13%.
Fujitsu Semiconductor, a subsidiary of Fujitsu Ltd. and a long-time strategic partner of Spansion Inc. (NYSE:CODE) announced it was divesting its microcontroller and analogue business in the spring of 2013, Spansion offered to buy it for about $110 million plus about $65 million in inventory. Spansion announced the deal on May 1 and closed it on Aug. 1. Spansion Inc. (NYSE:CODE) shares advanced 1.32% in last trading session and ended the day on $20.00. CODE gross Margin is 27.10% and its return on assets is -6.60%.Spansion Inc. (NYSE:CODE) quarterly performance is 19.26%.
Shares of Intel Corporation (NASDAQ:INTC) hit a 52-week high as the company reportedly announced that it was designed into 130 new android and Windows-based tablets to launch this year (Intel intends to power 40 million tablets in 2014). Intel Corporation (NASDAQ:INTC) shares moved down -0.22% in last trading session and was closed at $27.60, while trading in range of $27.50 – $27.76. Intel Corporation (NASDAQ:INTC) year to date (YTD) performance is 8.24%.
BCE Inc. (USA) (NYSE:BCE)on 21 may announced that the Honourable James Prentice, PC, QC, has resigned from the Boards of BCE and Bell Canada. BCE Inc. (USA) (NYSE:BCE) ended the last trading day at $46.60. Company weekly volatility is calculated as 1.01% and price to cash ratio as 54.88.BCE Inc. (USA) (NYSE:BCE) showed a positive weekly performance of 1.86%.
Maxim Integrated Products Inc. (NASDAQ:MXIM) CEO Tunc Doluca unloaded 8,000 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $34.26, for a total transaction of $274,080.00. Maxim Integrated Products Inc. (NASDAQ:MXIM) net profit margin is 16.10% and weekly performance is 0.64%. On last trading day company shares ended up $34.45. Analysts mean target price for the company is $35.48. Maxim Integrated Products Inc. (NASDAQ:MXIM) distance from 50-day simple moving average (SMA50) is 6.09%.