Investment analysts at Jefferies Group dropped their price objective on shares of Corning Incorporated (NYSE:GLW) to $17.00 in a note issued to investors on Friday, StockRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target would indicate a potential downside of 19.77% from the company’s current price. Corning Incorporated (NYSE:GLW) shares after opening at $21.14 moved to $21.14 on last trade day and at the end of the day closed at $20.74. Company price to sales ratio in past twelve months was calculated as 3.69 and price to cash ratio as 5.51. Corning Incorporated (NYSE:GLW) showed a negative weekly performance of -1.43%.
Yandex N.V. (Nasdaq:YNDX) reported Q1 EPS of RUR8.14, RUR0.24 better than the analyst estimate of RUR7.90. Revenue for the quarter came in at RUR10.9 billion versus the consensus estimate of RUR10.96 billion. Yandex NV (NASDAQ:YNDX) shares fell -10.06% in last trading session and ended the day on $24.00. Yandex NV (NASDAQ: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 -3.77%.
Fuel cell product maker Plug Power Inc. (NASDAQ:PLUG) priced an underwritten secondary stock offering of 22.6 million shares at $5.50 Friday morning. The company also granted the underwriters a 30-day option on an additional 3.39 million shares. Plug Power Inc (NASDAQ:PLUG) shares moved down -10.65% in last trading session and was closed at $5.37 while trading in range of $5.32 – $5.75 year to date (YTD) performance is 246.45%.
Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella holds a new Nokia Lumia 930 as he delivers a keynote address during the 2014 Microsoft Build developer conference on April 2, 2014 in San Francisco, California. Satya Nadella delivered the opening keynote to kick off the 2014 Microsoft Build developer conference. Microsoft Corporation (NASDAQ:MSFT) weekly performance is -0.25%. On last trading day company shares ended up $39.91. Microsoft Corporation (NASDAQ:MSFT) distance from 50-day simple moving average (SMA50) is 2.27%. Analysts mean target price for the company is $40.01.
Leave a Reply