Evercore

Rackspace Hosting, Inc. (NYSE: RAX) was upgraded by Evercore from Hold to Buy late Monday with a $42 price target. According to Bloomberg, the Evercore analysts cited the company’s valuation and traction in its core business as reasons for the upgrade. The traction has been the result...

On Friday, analysts at Evercore downgraded shares of Groupon Inc (NASDAQ: GRPN) to Sell from Equal-weight and maintained the $5.50 price target. Ken Sena of Evercore is skeptical of Groupon’s ability to achieve its 2014 adjusted EBITDA forecast of $270 million. In addition, he sees...

On Tuesday, an analyst at Evercore raised the price target on shares of Apple Inc. (NASDAQ: AAPL) to $125 and reiterated an Overweight rating. Evercore analysts anticipate that Apple Inc. will sell 39 million phones in the September and 65 million phones in the December. Shares of Apple Inc....

Concur Technologies, Inc.'s (NASDAQ: CNQR) agreement to be acquired for $7.36 billion by SAP SE (NYSE: SAP) could drive the share value of competitors, a number of analysts said Friday. The deal could touch off “another consolidation wave" among subscription software providers,...

ON Semiconductor's (NASDAQ: ONNN) reported solid earnings Thursday, resulting in analysts having more upbeat commentary on the company. FBR & Co - Reiterates Outperform and $12 Price Target: “After the close on Thursday, July 31, ON Semiconductor reported slightly better-than...

Evercore analyst Kirk Materne upgraded Informatica (NASDAQ: INFA) from Equal-weight to Overweight and reiterated a $43 price target. Materne views the current risk/reward of Infomatica attractively based on the revenue mix now focusing more on faster growing products and less on extract,...

Apple (NASDAQ: AAPL) moved slightly higher after seeing its price target was boosted 15 percent by an Evercore analyst who cited future growth related to its core iPhone and other products. Apple shares have risen by a split-adjusted percent in the past year and traded recently at $93.73, up 0....

Shares of Twitter (NYSE: TWTR) gained 4.5 percent on positive analyst reports and news surrounding the GoPro (NASDAQ: GPRO) initial public offering. Overweight Ratings In Barclays' Thursday morning summary, analysts initiated coverage on big players in the internet sector. Listing...

Twitter (NYSE: TWTR) shares have received a bump in Thursday's pre-market session following comments from analysts at Barclays and Evercore. At last check, the company's shares were trading at $40.01 a increase of 1.39 percent from Wednesday's close. Barclays: Overweight, $46 PT...

Evercore analyst Ken Sena reiterated an Equal-Weight rating on Zynga (NASDAQ: ZNGA) and lowered the price target from $5.50 to $4.50 on challenging trends and forecasted delays. In the report, Sena emphasized that the company may see an upside amid challenging traffic trends and “likely launch...

In a note released Tuesday morning, Evercore analyst Ken Sena reiterated his Buy rating on LinkedIn (NYSE: LNKD) while lowering his price target from $240 to $220. Looking at the company, Sena believes it could benefit from putting a larger emphasis on the functionality of its search option. He...

In a report published Monday, Evercore analyst Smedes Rose upgraded shares of Vail Resorts (NYSE: MTN) from Equal-Weight to Overweight and raised the price target from $78.00 to $85.00 on shares current underperformance and positive litigation reports. Rose sees Vail's current stock price...

Apple's (NASDAQ: AAPL) $3 billion plan to acquire streaming-music and headphone maker Beats Electronics is getting mixed reviews from analysts. "The strategic vision seems lacking," Pacific Crest analyst Andy Hargreaves said, adding that Apple has the in-house ability to build a streaming music...

In a report published Thursday, Evercore analyst Ken Sena upgraded Facebook (NASDAQ: FB) from Equalweight to Overweight and raised the price target from $69.00 to $75.00 on opportunities and advantages. Sena noted the recent pullback in shares following the company's strong quarter, the Facebook...

A number of analysts issued their take on Gogo (NASDAQ: GOGO) after AT&T (NYSE: T) announced on Monday that it intends to enter the in-flight connectivity market by the end of 2015. A more in depth look into AT&T's announcement can be found on the Benzinga News page. Despite a decrease...