Citrix, Las Vegas Sands, Paypal Upgraded

Citrix, Las Vegas Sands, and Paypal stocks are on analysts' bullish radar today

Apr 27, 2017 at 9:28 AM
facebook X logo linkedin


Analysts are weighing in on tech stock Citrix Systems, Inc. (NASDAQ:CTXS), gaming issue Las Vegas Sands Corp. (NYSE:LVS), and digital payments platform Paypal Holdings Inc (NASDAQ:PYPL). Here's a quick roundup of today's bullish brokerage notes on shares of CTXS, LVS, and PYPL.

Earnings Beat, Upgrade Fail to Boost Citrix Stock

CTXS is pointed 4.4% lower ahead of the opening bell, even after an earnings beat and a bullish brokerage note. Specifically, Baird upgraded the stock's rating to "outperform," and bumped its price target up to $90 -- in 17-year-high territory. Yesterday, Citrix Systems, Inc. shares settled at $84.12, up 18% year-to-date. Yet, the brokerage bunch has been slow to embrace CTXS stock, today notwithstanding, with 12 of 15 analysts doling out "hold" or worse opinions. 

Las Vegas Sands Stock Pointed Lower Post-Earnings

LVS is fresh off an earnings beat, which prompted Telsey Advisory and Stifel to raise their respective price targets to $62 and $66. Nevertheless, the stock is down 2.6% in electronic trading, after landing yesterday at $59.26 -- and on a 28.6% year-over-year lead. Las Vegas Sands Corp. options traders have been surprisingly skeptical toward the technical outperformer. During the past 10 days at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), LVS stock has amassed a put/call volume ratio of 0.99 -- in the 83rd percentile of its annual range.

Paypal Stock Signals Record High

An upbeat earnings report has Wall Street cheering PYPL. So far, the stock has received no fewer than eight price-target hikes, with KBW and Susquehanna both setting the bar at $55. This target is considerably higher than Wednesday's record peak of $45.04, which Paypal Holdings Inc hit before settling at $44.41. The shares could topple that milestone today, perched 4.7% higher ahead of the opening bell. Plus, based on PYPL stock's short interest ratio (SIR) of 5.60, plenty of pent-up buying power is currently sitting on the sidelines.

 

*SPONSORED CONTENT*

How to collect 1 dividend check every day for LIFE

Did you know you could collect 1 dividend check every day the market is open? You could also do it starting with just $605! For me, I'm collecting 70 dividend checks every quarter…which averages around 1.1 dividend checks every business day. There's no trading behind this... no penny stocks or high-risk investments. All you do is buy and hold and you're set. There's no set up required either. If you start buying the dividend stocks I show you today... you could collect 1 dividend per day starting as early as this week. Click here for all the details.

*SPONSORED CONTENT*