Analysts Recommend these Stocks: C, CSCO, JPM, MDT, MKSI

PUBLISHED: Jan 04 2013 @ 12:17 | Comments (0) | More info about Ed Liston

Citigroup Inc. (NYSE:C): The stock has been upgraded by JMP Securities. Its earlier rating stood at Underperform and it now has been elevated to Market Perform.

Citigroup is currently trading at $41.97, UP 1.40 percent from its previous close. It has traded in the range of $24.61 and $41.50 in the past 52 weeks. Citigroup stock has also been upgraded by Stern Agree, from Neutral to Buy. Its new price target has been set at $50. The stock is trading above its 20 days moving average price of $41.95 and 50 days moving average price of $41.96. The stock is trading at the Price Earnings ratio of 17.63. Citigroup is a banking company and provides financial services. It is based out of New York and is operational globally. The company also offers asset management and brokerage services through its joint venture, Morgan Stanley Smith Barney.

Cisco Systems (NASDAQ:CSCO): The company stock received rating upgrade from RBC Capital. The stock is now rated Outperformer, up from Stock Perform. Its price target has been increased from $21 to $24. The stock is trading at $20.57, 0.56 percent higher than its previous close. It has traded in the range of $20.39 and $20.58 in the current trading session. RBC Capital stated that the tech company is improving its execution process and offers favorable risk and reward ratio. RBC also expects Cisco to report its Calendar 2014 EPS at $2.20, marginally higher than consensus estimate of $2.16. Cisco Systems commands market capitalization of $109.18 billion. It has traded 11.76 million shares so far, in comparison to its daily average trading volume of 38.53 million shares. The company stock trades at Price Earnings ratio of 13.26 and its beta is at 1.24. The stock has traded in the range of $14.96 and $21.30 in the past 52 weeks.

JPMorgan Chase & Co. (NYSE:JPM): Sterne Agee upgraded the banking stock to Buy. Its earlier rating was at Neutral. Its price target is set at $52. The stock is trading 0.34 percent higher, at $44.72. JPMorgan Chase commands market capitalization of $170 billion and its stock has traded in the range of $30.83 and $46.49 in the past 52 weeks. JPMorgan Chase stock’s beta is 1.32. It had reported its latest Earnings per Share at $4.71. The stock has also been upgraded by JMP Securities from Underperform to Market Perform. The company is running the risk of facing sanction for refusing to provide supporting documents in Bernie Madoff case. JPMorgan Chase has been given January 11 deadline for co-operating with the regulators. This financial holding company offers various advisory and banking services globally. It is based out of New York and it was formed in 1823.

Medtronic Inc. (NYSE:MDT): Medtronic Inc. stock is currently trading at $42.54, up 0.16 percent. The stock oscillated in the range of $42.37 and $42.59 in the current trading session. Medtronic received rating upgrade from Mizuho. The stock’s new rating is Buy, up from its former rating of Neutral. Its new price target is set at $49. Its earlier price target was $43. In the past 52 weeks, the stock’s price range has been $35.67 and $44.79. Medtronic Inc. reported its latest EPS at $3.11. The company stock’s Price Earnings ratio stands at 13.70. Medtronic Inc. commands the market capitalization of $43.02 billion. Medtronic develops and markets medical therapies. The company devices are used for managing ailments such as heart failure and heart rhythm disorders. Medtronic is based out of Minnesota and it was formed in 1949. The company also offers intra operative imaging systems and surgery devices.

MKS Instruments Inc. (NASDAQ:MKSI): Barclays Capital upped the rating for the stock from Underweight to Equal Weight. The stock is trading at $26.14, 1.73 percent lower than its previous close. It has traded in the range of $25.88 and $26.82 in the current trading session. Its price target has also been raised from $20 to $26. MKS Instruments commands market capitalization of $1.38 billion. It has traded 112k shares so far, in comparison to its daily average trading volume of 233k shares. The company stock trades at Price Earnings ratio of 20.86 and its beta is at 1.29. The stock has traded in the range of $22.45 and $34.99 in the past 52 weeks. MKS Instruments develops process control solutions and subsystems.

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