Dallas 10/28/2010 2:54:03 AM
News / Business

Notable Tech Stock Movers (CTV, MSFT, EMC, MU)

Notable Tech Stock Movers

CommScope, Inc. (NYSE:CTV) added 3.90% to $31.40 after the company said this week that it was in talks with Carlyle Group about a possible buyout for $31.50 a share.

The median Wall Street price target on the stock is $31 and the high target is set at $36 with majority of analysts have a Strong Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $22.91 and $25.03 respectively.

Microsoft Corporation (NASDAQ:MSFT) went up 0.27% to $25.97. Yesterday, Bank of America maintained a Buy rating with a $32 price objective on shares of Microsoft Corp.

The company has Price/Sales ratio of 3.59. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $24.84 and $26.09 respectively. At current market price, the market capitalization of the company stands at $224.82 billion.

EMC Corporation (NYSE:EMC) went down 0.38% to $21.10 on over 14.89 million shares.

The company has Price/Sales ratio of 2.69. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $20.60 and $19.50 respectively. At current market price, the market capitalization of the company stands at $43.47 billion.

Micron Technology, Inc. (NASDAQ:MU) added 1.55% to $7.84. The stock opened at $7.68 and is trading within the range of $7.50-$7.88.

The median Wall Street price target on the stock is $10 and the high target is set at $18 with majority of analysts have a Hold rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $7.20 and $8.36 respectively.

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