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Earlier this week, RBC Capital Markets analyst Mark Mahaney raised the target price for the company's stock from $38 to $44. Analysts expects capital expenses to be higher this year, but have still raised their target because of Yahoo's 24% stake in
Barclays has based the new target prices on expectations that global E&P (exploration and production) spending will increase 6.1%, up from $682 billion in 2013 to an all-time high of $723 billion in 2014. The biggest revision is in the price target
Twitter's stock is up 4% this morning, going as high as $58.19 . That's blowing past even the most bullish price targets on the street. Until this morning, the highest price target on the stock was $54. The consensus is $41.45. A week ago the
Dow Jones up 22.2% and the S&P 500 index up 26.5% year-to-date (YTD), and it looks like 2014 is set to follow suit. The research team at Merrill Lynch has identified some of the stocks which are underappreciated by investors and have the potential to
Analysts are pessimistic about the earning potential of Qantas. Photo: Rob Homer Qantas's stock price targets have been slashed by analysts following the airline's profit warning amid expectations the airline will sell terminal leases to protect its
Bank of Japan Governor Haruhiko Kuroda faces a rift on his policy board with half of his fellow members either voicing doubt over the central bank's rosy economic and price forecasts or calling for its ambitious price target to be watered down.
Morgan Stanley gives it an "Equal Weighting" recommendation, and doesn't really give a price target. Morgan seems pretty neutral on the stock. "We are optimistic on Twitter's ability to expand the socially enabled ad market and take share of TV ad
Morgan Stanley chief U.S. equity strategist Adam Parker is out with his stock market call for the year ahead: the S&P 500 is going to 2014 in 2014. Parker's target is 11.5% above where the index sits today at 1805, and is driven by the bank's
OCZ plans bankruptcy, asset sale to tech giant Toshiba San Jose's OCZ Technology appears headed for the end: The hardware company announced Wednesday that it will file for bankruptcy and expects to sell all of its assets to technology giant Toshiba.
The Sensex declined 180 points or 0.87% to close at 20,425, while Nifty settled at 6059 down 56 points over the previous close. The BSE banking index with 1.52% down, was the top loser among the sectoral indices, specially the PSU banks were under