Cadence Design Systems Inc (NASDAQ:CDNS) was upgraded by Summit Research from a “hold” rating to a “buy” rating in a research note. The firm currently has a target price on the stock, up from their previous target price.Summit Research‘s price target suggests a potential upside of 19.80% from the company’s current price. Cadence Design Systems Inc (NASDAQ:CDNS) net profit margin is 8.00% and weekly performance is 3.49%. On last trading day company shares ended up $16.29. Analysts mean target price for the company is $18.00. Cadence Design Systems Inc (NASDAQ:CDNS) distance from 50-day simple moving average (SMA50) is 6.33%.
SanDisk Corporation (NASDAQ:SNDK) ‘s stock had its “buy” rating restated by equities research analysts at Sterne Agee in a research note issued to investors. They currently have a price objective on the stock. Sterne Agee’s price target indicates a potential upside of 0.43% from the company’s current price. SanDisk Corporation (NASDAQ:SNDK) shares fell -0.26% in last trading session and ended the day on $91.37. SNDK Gross Margin is 48.70% and its return on assets is 11.60%. SanDisk Corporation (NASDAQ:SNDK) quarterly performance is 22.92%.
On 15 MAY Zendesk Inc (NYSE:ZEN) is up so far in first-day trading after its initial public offering last. That’s on track to be the best first-day “pop” since early April, and the best software first-day bump since mid-March. Zendesk Inc (NYSE:ZEN) shares moved up 2.73% in last trading session and was closed at $16.95, while trading in range of $15.67 – $18.17. Zendesk Inc (NYSE:ZEN) year to date (YTD) performance is 26.21%
On 7 MAY MicroStrategy Incorporated (NASDAQ:MSTR) announced that Brussels Airport has selected MicroStrategy as its new enterprise analytics standard, replacing its previous BI solution. Brussels Airport is the airport to the capital of Europe, providing a wide range of airport services to passengers, airlines and a wide range of other business partners. MicroStrategy Incorporated (NASDAQ:MSTR) ended the last trading day at $137.89. Company weekly volatility is calculated as 4.72% and price to cash ratio as 4.26. MicroStrategy Incorporated (NASDAQ:MSTR) showed a positive weekly performance of 11.25%.