Analyst Upgrades: T-Mobile, Isis Pharma, PepsiCo

Analysts upwardly revised their ratings on T-Mobile US Inc (TMUS), ISIS Pharmaceuticals, Inc. (ISIS), and PepsiCo, Inc. (PEP)

Jan 20, 2015 at 9:37 AM
facebook X logo linkedin


Analysts are weighing in today on wireless issue T-Mobile US Inc (NYSE:TMUS), drugmaker ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS), and beverage giant PepsiCo, Inc. (NYSE:PEP). Here's a quick roundup of today's bullish brokerage notes on TMUS, ISIS, and PEP.

  • TMUS was upgraded to "buy" from "neutral" at Goldman Sachs, which likewise bumped its price target to $37 from $27. Accordingly, the shares are nearly 2% higher out of the gate, adding to their 2015 outperformance -- specifically, T-Mobile US Inc has advanced roughly 10% since the start of the year to rest at $29.70. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), however, skepticism has been strong. The stock's 10-day put/call volume ratio across these exchanges is 14.51 -- or just 1 percentage point from an annual peak. It's possible some of these bearish bettors are TMUS shareholders hedging against unexpected downside.

  • ISIS, which has rallied more than 44% year-over-year to trade at $69.16, saw its price target raised to $68 from $40 at Leerink, which reiterated its "market perform" assessment. Optimism has been fairly common on the outperforming shares. For one, two-thirds of covering analysts rate the stock a "buy" or "strong buy." For another, ISIS Pharmaceuticals, Inc. has racked up a 50-day call/put volume ratio of 4.98 on the ISE, CBOE, and PHLX. Not only does this ratio indicate that roughly five ISIS calls have been bought to open for each put over the last couple months, but it also ranks higher than four-fifths of similar readings taken in the last 12 months.

  • Finally, Stifel boosted its price target on PEP by $1 to $108, and reaffirmed its "buy" rating. This isn't surprising, given the equity's 18.3% year-over-year gain to hover around $98.11. Accordingly, traders at the ISE, CBOE, and PHLX have bought to open more than six PepsiCo, Inc. calls for every put during the last two weeks. The resultant 10-day call/put volume ratio of 6.10 sits in the 96th percentile of its annual range. In other news, PEP added William R. Johnson to its board late last week to appease activist investor Nelson Peltz.
 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI