Tech gainers: Gogo Inc. (NASDAQ:GOGO), Yandex NV (NASDAQ:YNDX), Support.com, Inc. (NASDAQ:SPRT), Synaptics (NASDAQ:SYNA)

Posted by on Apr 19, 2014

Gogo Inc. (NASDAQ:GOGO) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Thursday, AnalystRatings.NET reports. The firm currently has a $28.00 target price on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 64.80% from the stock’s previous close. Gogo Inc. (NASDAQ:GOGO) shares after opening at $17.75 moved to $18.24 on last trade day and at the end of the day closed at $17.97. Company price to sales ratio in past twelve months was calculated as 4.65 and price to cash ratio as 5.74. Gogo Inc. (NASDAQ:GOGO) showed a negative weekly performance of -8.13%.

Equities research analysts at Goldman Sachs cut their price objective on shares of Yandex (NASDAQ:YNDX) from $47.10 to $38.00 in a research note issued to investors on Thursday, Stock Ratings Network.com reports. Goldman Sachs’ price objective indicates a potential upside of 35.28% from the stock’s previous close. Yandex NV (NASDAQ:YNDX) shares advanced 6.62% in last trading session and ended the day on $29.95. YNDX return on equity ratio is recorded as 31.50% and its return on assets is 24.90%. Yandex NV (NASDAQ:YNDX) yearly performance is 45.46%.

On March 31, 2014, the Audit Committee of the Board of Directors of Support.com, Inc. (NASDAQ:SPRT) took action to change the Company’s independent registered public accounting firm, by dismissing Ernst & Young LLP (“Ernst & Young”). Support.com, Inc. (NASDAQ:SPRT) shares moved up 11.54% in last trading session and was closed at $2.61, while trading in range of $2.36 – $2.64. Support.com, Inc. (NASDAQ:SPRT) year to date (YTD) performance is -31.13%.

Synaptics (NASDAQ:SYNA) had its price target upped by Stifel Nicolaus from $67.00 to $70.00 in a research note issued to investors on Friday, Stock Ratings News reports. The firm currently has a buy rating on the stock. Synaptics, Incorporated (NASDAQ:SYNA) weekly performance is 10.64%. On last trading day company shares ended up $62.16. Synaptics, Incorporated (NASDAQ:SYNA) distance from 50-day simple moving average (SMA50) is 1.75%. Analysts mean target price for the company is $69.18.

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