Trader’s Alert: Corning Incorporated (NYSE:GLW), Sprint Corporation (NYSE:S), BlackBerry Ltd (NASDAQ:BBRY), Oracle Corporation (NYSE:ORCL)

Investment analysts at Goldman Sachs hoisted their target price on shares of Corning (NYSE:GLW) from $20.00 to $23.00 in a note issued to investors on Wednesday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs’ price objective suggests a potential upside of 19.98% from the stock’s previous close. Corning Incorporated (NYSE:GLW) shares after opening at $19.05 moved to $19.12 on last trade day and at the end of the day closed at $18.87. Company price to sales ratio in past twelve months was calculated as 3.41 and price to cash ratio as 5.09. Corning Incorporated (NYSE:GLW) showed a negative weekly performance of -3.92%.

Sprint Corporation (NYSE:S) has engaged in capital-intensive investments such as Network Vision, which is a three-year project designed to introduce 4G LTE services across the board. Sprint Corporation (NYSE:S) shares advanced 1.86% in last trading session and ended the day on $8.78. Sprint Corporation (NYSE:S) return on equity ratio is recorded as -12.80% and its return on assets is -4.10%.

BlackBerry Ltd (NASDAQ:BBRY) will be reporting results for the fourth quarter and year-end of fiscal 2014 on March 28th, 2014. BlackBerry Ltd (NASDAQ:BBRY) shares moved up 2.87% in last trading session and was closed at $9.31, while trading in range of $9.00 – $9.32. BlackBerry Ltd (NASDAQ:BBRY) year to date (YTD) performance is 25.13%.

Research analysts at Wedbush raised their target price on shares of Oracle (NASDAQ:ORCL) from $38.00 to $40.00 in a report released on Wednesday, American Banking News reports. Wedbush’s price target would indicate a potential upside of 6.24% from the company’s current price. Oracle Corporation (NYSE:ORCL) weekly performance is -3.17%. On last trading day company shares ended up $37.60. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is -0.81%. Analysts mean target price for the company is $39.26.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *