Showing Tag: "stock ratings" (Show all posts)

Global Hunter Securities Downgrades US Energy Corp (NASDAQ: USEG)from BUY to ACCUMULATE

Posted by macy macon on Tuesday, May 15, 2012, In : Stock News 
Analysts at Global Hunter Securities Downgrades their rating on the shares of US Energy Corp (NASDAQ: USEG) from BUY to ACCUMULATE. The 12-month target price has been reduced from from $5 to $4.50.
In a research note published yesterday, the analysts mention that Q1 results were decent for  US Energy Corp. The company focused its E&P efforts as a non-operator in the North Dakota Bakken and the Eagle Ford Shale in Texas, the analysts add. The company's next step could be transition int...
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S&P Capital IQ Reiterates BUY Rating on Celgene (NASDAQ: CELG)

Posted by macy macon on Monday, May 7, 2012, In : Stock News 
Analyst Steven Silver of S&P Capital IQ reiterates his BUY rating on the shares of Celgene (NASDAQ: CELG). The target price is maintained at $92.

In a research note published this morning, the analyst mentions that the 10% fall in Celgene’s share price since the reporting of Q1 results is overdone. The current valuation does not reflect the many key catalysts that are expected over the forthcoming many months, the analyst says. The analyst believes that the Q1 was on account of a d...

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Yahoo(YHOO) Negotiating To Sell 15-25 Percent Of Alibaba

Posted by macy macon on Saturday, May 5, 2012, In : Stock News 
Yahoo Inc(NASDAQ : YHOO) is planning of selling 15 to 25 percent of Alibaba Group's stock back to the company. Yahoo had acquired 40 percent stake in Alibaba, China's largest e-commerce company, in 2005.

The two companies have been negotiating for months to reach an agreement. Alibaba, the Chinese investment  holding company has held numerous discussion with Yahoo in recent years  to get back some or all its stocks from Yahoo.
The latest deal, unlike the $17 billion tax-free asset swa...

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