Apple Inc. (NASDAQ:AAPL) stock price target has increased with analysts predicting strong demand for the iPhone 6. They also expect the company to release new product categories that will further drive growth. According to reports, RBC Capital has raised its price target for Apple shares to $100. Apple Inc. (NASDAQ:AAPL) stock opened today at $92.20 and is currently trading at $91.43. The stock showed a negative weekly performance of -0.21%.
Soufun Holdings Ltd (NYSE:SFUN) announced today it will offer 40% discount on subscription fees nationwide from June to its secondary listing customers (~25% of revs). SouFun Holdings Ltd (NYSE:SFUN) stock opened at $8.69, in current trading session and currently is at $8.62, by losing -2.38%. The 52 week range of $4.60 – $19.94. Company’s market capitalization is 3.52 billion.
Google Inc. (NASDAQ:GOOG) is readying a fitness and health tracker service called Google Fit in a move that would put the company in direct competition with Apple’s HealthKit and Samsung’s Sami, according to Forbes. Google Inc. (NASDAQ:GOOG) stock is currently trading at $546.76. The EPS of the stock is 19.09. Company’s market capitalization is 371.51 billion.
Nokia Corporation (ADR) (NYSE:NOK)’s Here unit is buying Medio Systems, provider of a mobile-focused analytics platform that tracks user activity for apps/services, uses algorithms to predict future actions and personalize content. Terms are undisclosed. Nokia Corporation (ADR) (NYSE:NOK) stock opened the session at $8.02, and now is at $7.99. The 52 week range of the Nokia Corporation (ADR) (NYSE:NOK) stock remained $3.46 – $8.20 and the day range was $7.98 – $8.02.
Palo Alto Networks (NASDAQ:PANW) Director Charles J. Robel sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $77.39, for a total transaction of $773,900.00. Following the transaction, the director now directly owns 9,836 shares of the company’s stock, valued at approximately $761,208. Palo Alto Networks Inc. (NYSE:PANW) stock opened today at $78.24 and is currently trading at $76.99. The stock showed a positive weekly performance of 1.96%.