Wall Street analysts are maintaining Buy rating on Western Digital Corporation (NASDAQ:WDC) company shares. The one year target on the name currently stands at $73.00. The stock recently touched $48.59 and has moved in the range of $48.19 - 49.80 during the current session. Based on a recent bid this places the stock +25.75% away from the 52-week floor of $38.64 and -52.40% away from the 52-week ceiling of $102.07.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
Callidus Software, Inc. (NASDAQ:CALD) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $21.82 on the stock. The stock is currently trading -22.28% away from its 200-day moving average of $17.07. Based on a recent trade, shares of Callidus Software, Inc. are -38.68% away from the 52-week high of $21.64 and +15.59% away from the 52-week low of $11.48.
Analysts are estimating that the company will report earnings of $0.29 for the current year and $0.06 for next quarter. The stock closed the most recent trading session at $13.30.
Shares of Pacific Premier Bancorp Inc (NASDAQ:PPBI) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $24.50 price target and Buy rating according to the covering analysts. During today’s session the stock hit $21.64 or -0.09% from the previous close, while moving in the range of $21.55 - 21.73.
Shares of Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $11.50 price target and Buy rating according to the covering analysts. During today’s session the stock hit $2.45 or +6.52% from the previous close, while moving in the range of $2.34 - 2.45.
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