Q2 STOCKS TO BUY

Analyst Upgrades: Facebook, Hologic, Extra Space Storage

Analysts upwardly revised their ratings on Facebook Inc (NASDAQ:FB), Hologic, Inc. (NASDAQ:HOLX), and Extra Space Storage, Inc. (NYSE:EXR)

Jul 1, 2015 at 9:22 AM
facebook X logo linkedin


Analysts are weighing in today on social network giant Facebook Inc (NASDAQ:FB), diagnostic expert Hologic, Inc. (NASDAQ:HOLX), and real estate investment trust Extra Space Storage, Inc. (NYSE:EXR). Here's a quick roundup of today's bullish brokerage notes on FB, HOLX, and EXR.

  • FB is up 1.3% ahead of the open, after Cantor raised its price target on the stock to $100 from $92, while maintaining its "buy" opinion. The security should be used to the bullish attention by now -- 25 out of 27 brokerage firms say it's a "buy" or better. Traders at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), meanwhile, have remained call-heavy. Over the past 10 days across these exchanges, more than 260,000 Facebook Inc calls have been bought to open, compared to roughly 106,000 puts. On the charts, FB has rallied over 26% year-over-year to trade at $85.76, touching an all-time high of $89.40 on June 25. In other news, the company last evening announced a new video advertising option for marketers

  • So far in 2015, HOLX is 42% higher at $38.06 -- touching a record peak of $38.55 on June 26 -- and that hot streak could be set to continue today, thanks to Cowen and Company. The brokerage firm upped its price target on the shares to $40 from $35. Other analysts aren't too sure of Hologic, Inc., with half of those covering HOLX saying it's a "hold" or worse. Many traders share this pessimism. Short interest jumped over 21% during the last two reporting periods, and now represents more than a week's worth of buying power, at the stock's average daily volume.

  • It has been a rough couple weeks for EXR. Specifically, the shares gave back close to 7% in June, and settled at $65.22 yesterday. Regardless, BofA-Merrill Lynch initiated coverage on the stock with a "buy" rating. The other nine brokerage firms tracking Extra Space Storage, Inc. are mixed, with five calling it a "buy" or better, and the other four saying the security is only a "hold." Elsewhere, speculative players aren't exactly split in their opinions of EXR. The stock's Schaeffer's put/call open interest ratio (SOIR) of 0.99 arrives in the 100th percentile of its annual range, as short-term options traders are showing a greater skew toward puts over calls now than at any other time over the past year

Get the skinny on all the biggest stories of the morning… Sign up now to get Schaeffer's Midday Market Check delivered straight to your inbox!

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter