Analysts' Perspective: Twitter (TWTR), Facebook (FB), Clovis Oncology (CLVS), Hologic (HOLX), ASOS (ASOMF)
Brokerage firm Loop Capital initiated coverage on Twitter Inc. (NYSE:TWTR) shares with a Hold rating and a price target of $18.00, while analysts at RBC Capital Markets downgraded the company's stock from Sector Perform to Underperform and reduced their price objective from $17.00 to $14.00
Twitter's stock climbed more than 21% on Friday's trading session, following a report from indicating that the social-media company is moving closer to selling itself.
Twitter operates as a global platform for public self-expression and conversation in real time. It offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live.
Facebook Inc. (Nasdaq:FB) was initiated at Loop Capital with a Buy rating and a price target of $165.00 per share
Facebook builds products that enable people to connect and share through mobile devices and personal computers. It enables people to share their opinions, ideas, photos and videos, and other activities. Its products include Facebook, Instagram, Messenger, WhatsApp and Oculus.
Investment analysts at SunTrust boosted their price target on Clovis Oncology Inc. (Nasdaq:CLVS) stock from $38.00 to $50.00 while maintaining a Buy rating
Clovis Oncology is a biopharmaceutical company focused on acquiring, developing and commercializing anti-cancer agents in the United States, Europe and other international markets
Equities researchers at Barclays upgraded shares of Hologic, Inc. (Nasdaq:HOLX) from an Equal Weight to an Overweight rating, also raising their price target from $42.00 to $44.00
Hologic is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products with an emphasis on women's health.
Credit Suisse started coverage on ASOS plc (OTCMKTS:ASOMF) shares with a Neutral rating
ASOS is a United Kingdom-based global online fashion destination. It sells cutting-edge fast fashion and offers a variety offashion-related content, making ASOS.com the hub of a thriving fashion community.
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