ReneSola (NYSE:SOL) was upgraded by investment analysts at Roth Capital from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $5.00 price objective on the stock, up from their previous price objective of $3.80. Roth Capital’s target price indicates a potential upside of 30.89% from the company’s current price. ReneSola Ltd. (ADR) (NYSE:SOL) shares after opening at $3.25 moved to $3.36 on last trade day and at the end of the day closed at $3.18. Company price to sales ratio in past twelve months was calculated as 0.21 and price to cash ratio as 3.00. ReneSola Ltd. (ADR) (NYSE:SOL) showed a negative weekly performance of -22.06%.
IsoRay, Inc. (NYSEMKT:ISR) announced that it closed on a14,675,180 registered direct placement (the “Offering”) of 5,644,300shares of common stock at a price of 2.60 per share with two institutional investors yesterday. IsoRay, Inc. (NYSEMKT:ISR) shares advanced 1.29% in last trading session and ended the day on $2.35. ISR return on equity ratio is recorded as -71.90% and its return on assets is -56.60%. IsoRay, Inc. (NYSEMKT:ISR) yearly performance is 319.64%.
Unwired Planet, Inc. (NASDAQ:UPIP) struck a deal with Lenovo, where Lenovo will buy a patent portfolio from Unwired, the mobile technology and licensing provider. Unwired Planet Inc. (NASDAQ:UPIP) shares moved up 20.11% in last trading session and was closed at $2.12, while trading in range of $1.89 – $2.29. Unwired Planet Inc. (NASDAQ:UPIP) year to date (YTD) performance is 53.62%.
Cowen and Company started coverage on shares of Idera Pharmaceuticals (NASDAQ:IDRA) in a research report released on Monday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating on the stock. Idera Pharmaceuticals Inc. (NASDAQ:IDRA) weekly performance is -40.12%. On last trading day company shares ended up $3.88. Idera Pharmaceuticals Inc. (NASDAQ:IDRA) distance from 50-day simple moving average (SMA50) is -24.14%. Analysts mean target price for the company is $7.00.