Baidu Inc (ADR) (NASDAQ:BIDU)’s shares were upgraded by zack from an underperform rating to a neutral rating in a research note issued to investors on Wednesday morning, AR Network reports. Zacks currently has $156.10 price target on the stock.Traded volume was 5,895,503 shares in the last session and the average volume of the stock remained 4,992,440 shares. The beta of the stock remained 1.95. Baidu Inc (ADR) (NASDAQ:BIDU)insider ownership is 0.13%.
Weibo Corp (ADR) (NASDAQ:WB)’s IPO priced at the low end of its expected price range at $17 per share, but the firm saw strong first day gains of over 19%. WB has since performed unpredictably, hovering in the neighborhood of $18-$20 per share. Weibo Corp (ADR) (NASDAQ:WB) dropped -5.49% to $ 17.55 yesterday on volume of 2,239,564 shares. The intra-day range of the stock was $ 17.51 – 18.89. Weibo Corp (ADR) (NASDAQ:WB) has a market capitalization of $ 3.64 billion.
Cisco Systems, Inc. (NASDAQ:CSCO)’s rivals, service provider results have gone well so far this year. The management of the company “has consistently said NCS and CRS-X testing will result in spending delays for a few quarters,” according to the report. In the last quarter, service provider orders declined 12% year over year. Cisco Systems, Inc. (NASDAQ:CSCO)’s stock on May 7, 2014 reported a increase of 0.66% to the closing price of $ 22.87. Its fifty two weeks range is $ 20.22 – 26.49. The total market capitalization recorded $ 117.81 billion. The overall volume in the last trading session was 38,714,447 shares. In its share capital, Cisco Systems, Inc.(NASDAQ:CSCO) has 5.15 million outstanding shares.
Trina Solar Limited (ADR) (NYSE:TSL) was falling 8.7% to $11.37 Monday on news that Credit Suisse lowered its 2014 demand forecast for solar installations in China. The analyst firm lowered its forecast to 11.5 GW from 12 GW of solar installation, saying the government’s goal of 14 GW for the year will be difficult to achieve. On Friday, shares of Trina Solar Limited (ADR) (NYSE:TSL) dropped -2.90% to close the day at $10.72. Company return on investment (ROI) is -1.40% and its monthly performance is recorded as -15.06%. Trina Solar Limited (ADR) (NYSE:TSL) quarterly revenue growth is -23.92%.