Canaccord Genuity lifted their price target on shares of Nokia Co. (NYSE:NOK) from $10.25 to $11.00 in a research note issued on Tuesday. Canaccord Genuity’s price objective would indicate a potential upside of 40.31% from the company’s current price. Nokia Corporation (ADR) (NYSE:NOK) stock opened today at $7.80 and is currently trading at $7.84. The stock showed a positive weekly performance of 8.29%.
One such stock that may want to consider dropping is Plug Power Inc. (NASDAQ:PLUG), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Plug Power Inc. (NASDAQ:PLUG) stock opened at $4.00, in current trading session and currently is at $4.03, by losing -1.47%. The 52 week range of $0.26 – $11.72. Company’s market capitalization is 673.49 million.
Hewlett-Packard Co. (NYSE:HPQ) said that it aims to cut another 11,000 to 16,000 jobs by October, bringing the total number of planned layoffs to a maximum of 50,000 and nearly doubling the largest payroll reduction ever for the 75-year-old technology giant. Hewlett-Packard Company (NYSE:HPQ) stock is currently trading at $33.03. The EPS of the stock is 2.84. Company’s market capitalization is 62.72 billion.
LiveDeal Inc. (NASDAQ:LIVE) revealed that it has a current cash position of almost $10 million, which it intends to invest in the company’s expected growth through acquisition. Two weeks earlier, the company said it had acquired deals site DealTicker.com. LiveDeal Inc. (NASDAQ:LIVE) stock opened the session at $4.02, and now is at $3.98. The 52 week range of the LiveDeal Inc. (NASDAQ:LIVE) stock remained $0.79 – $11.94 and the day range was $3.85 – $4.68.
Yahoo! (NASDAQ:YHOO) stock had its “outperform” rating reiterated by equities researchers at ING Group in a research report issued on Friday. They currently have a $45.00 price target on the stock, down from their previous price target of $47.00. ING Group’s price objective would indicate a potential upside of 28.50% from the stock’s previous close. Yahoo! Inc. (NASDAQ:YHOO) stock opened today at $35.00 and is currently trading at $34.95. The stock showed a positive weekly performance of 4.82%.
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