Analysts at Credit Agricole downgraded Baidu, Inc. (BIDU) from ‘Buy‘ to ‘Underperform‘ in a research report issued to clients on Tuesday. On valuation measures, Baidu Inc. ADR stock it’s trading at a forward P/E multiple of 2.91x, and at a multiple of 27.54x this year’s estimated earnings. The t-12-month revenue at Baidu Inc.
SunPower Corporation (SPWR) fell today after Brean Capital downgraded the solar company from Buy to Hold. Brean Capital has downgraded SunPower on the basis of high valuations, arguing that the company was trading at a multiple of 21x for its estimated earnings of 2015.
Bank of America Merrill Lynch analysts are worried about slowing iPhone sales. In a note Wednesday, BAML analysts downgraded the stock from "Buy" to "Neutral," with a new stock price target of $130 from $142.
Analysts at Atlantic Equities are out with a report this morning upgrading shares of Electronic Arts Inc. (EA) with an ‘Overweight’ from ‘Neutral’ rating. In the past 52 weeks, shares of Redwood City, California-based company have traded between a low of $44.54 and a high of $76.92 and are now at $70.24. Shares are up […]
Twitter, Inc. (TWTR) was reiterated a ‘Neutral’ by Wedbush analysts on Friday. The broker also cut its price target on the stock to $20 from $30. On valuation measures, Twitter Inc. stock it’s trading at a forward P/E multiple of 29.02x. The t-12-month revenue at Twitter is $1.99 billion. TWTR’s ROE for the same period […]
View the full post at: Notable Downgrades: Twitter (TWTR), LinkedIn (LNKD), Autodesk (ADSK), Outerwall Inc. (OUTR)
Analysts at Rosenblatt downgraded Constant Contact, Inc. (CTCT) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Friday. On valuation measures, Constant Contact Inc. stock it’s trading at a forward P/E multiple of 15.61x, and at a multiple of 61.43x this year’s estimated earnings. The t-12-month revenue at Constant Contact Inc.