Shares of Brocade Communications Systems (NASDAQ:BRCD) hit a new 52-week high during mid-day trading on Friday after Deutsche Bank raised their price target on the stock from $6.00 to $8.00, Analyst Ratings Network reports. Deutsche Bank currently has a hold rating on the stock. Brocade Communications Systems traded as high as $9.93 and last traded at $9.58, with a volume of 12,099,208 shares trading hands. The stock had previously closed at $9.43. Brocade Communications Systems, Inc. (NASDAQ:BRCD) stock opened at $9.65 in last trading session, and closed at $9.62, trading in the range of $9.48 – $9.93. The stock showed a positive weekly performance of 1.80%.
Adobe Systems (NASDAQ:ADBE)‘s stock had its “buy” rating restated by stock analysts at Bank of America in a report issued on Tuesday, ARN reports. They currently have a $67.00 price objective on the stock, down from their previous price objective of $80.00. Bank of America’s price objective suggests a potential upside of 3.89% from the company’s current price. Adobe Systems Incorporated (NASDAQ:ADBE) shares closed at $68.34 on last trade day, by gaining 1.94%. Stock 52 week range is $38.09 – $68.49. Company’s market capitalization is $33.94 billion.
Two cheers for Facebook Inc. (NASDAQ:FB), who have just expanded their personal gender options from the somewhat limiting binary of male and female to an eye-watering 50 plus descriptions. Now you can plump for trans (– male, – female or – person) to indicate some variance between gender assigned at birth and identified gender, or simply trans*, which covers pretty much all bases under the “trans umbrella”. Facebook Inc. (NASDAQ:FB) stock decreased -0.36% and finished the last session at $67.09. The EPS of the stock remained 0.66. Company’s market capitalization is $170.88 billion.
Corning (NYSE:GLW) was downgraded by Jefferson Research from a “buy” rating to a “hold” rating in a research note issued on Friday, StockRatingsNetwork reports. Corning Incorporated(NYSE:GLW) stock opened at $19.00 in last trading session and closed at $19.11. The 52 week range of the stock is $12.20 – $19.22 and the day range was $19.00 – $19.22.
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