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Avid Technology, Inc. (AVID) Reaches $4.86 After 5.00% Up Move; 2 Bullish Analysts Covering PolarityTE, Inc. (COOL)

PolarityTE, Inc. (NASDAQ:COOL) Logo

Among 2 analysts covering Majesco Entertainment (NASDAQ:COOL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Majesco Entertainment had 5 analyst reports since August 18, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained PolarityTE, Inc. (NASDAQ:COOL) rating on Tuesday, February 20. Cantor Fitzgerald has “Buy” rating and $70.0 target. The stock of PolarityTE, Inc. (NASDAQ:COOL) has “Sell” rating given on Tuesday, August 18 by Zacks. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, February 14. Cantor Fitzgerald maintained it with “Buy” rating and $70.0 target in Tuesday, March 20 report. The company was initiated on Thursday, August 27 by Maxim Group. See PolarityTE, Inc. (NASDAQ:COOL) latest ratings:

20/03/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $70.0 Maintain
20/02/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $70.0 Maintain
14/02/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $70.0 Initiate

The stock of Avid Technology, Inc. (NASDAQ:AVID) is a huge mover today! The stock increased 6.14% or $0.281 during the last trading session, reaching $4.861. About 130,560 shares traded. Avid Technology, Inc. (NASDAQ:AVID) has declined 3.49% since April 17, 2017 and is downtrending. It has underperformed by 15.04% the S&P500.The move comes after 8 months positive chart setup for the $201.63 million company. It was reported on Apr, 17 by Barchart.com. We have $5.10 PT which if reached, will make NASDAQ:AVID worth $10.08 million more.

Analysts await Avid Technology, Inc. (NASDAQ:AVID) to report earnings on May, 9. They expect $0.11 EPS, up 450.00% or $0.09 from last year’s $0.02 per share. AVID’s profit will be $4.56 million for 11.05 P/E if the $0.11 EPS becomes a reality. After $0.15 actual EPS reported by Avid Technology, Inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

Investors sentiment increased to 1.41 in 2017 Q4. Its up 0.41, from 1 in 2017Q3. It increased, as 15 investors sold Avid Technology, Inc. shares while 22 reduced holdings. 24 funds opened positions while 28 raised stakes. 29.89 million shares or 5.81% more from 28.25 million shares in 2017Q3 were reported. Gabelli Funds Limited Company holds 60,200 shares or 0% of its portfolio. Connor Clark & Lunn Invest Mngmt has 17,850 shares. Deutsche Commercial Bank Ag owns 254,951 shares. 122,026 are owned by Schwab Charles Inv Mgmt Inc. Engineers Gate Manager L P has 63,719 shares for 0.02% of their portfolio. Rmb Mgmt Limited Liability Company invested in 0% or 17,900 shares. Virtu Fin Limited Liability Corporation stated it has 18,634 shares. Citadel Limited Liability Corp has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Barclays Pcl reported 0% in Avid Technology, Inc. (NASDAQ:AVID). Clearbridge Ltd Liability Corp stated it has 0% in Avid Technology, Inc. (NASDAQ:AVID). The New York-based Citigroup Incorporated has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Manufacturers Life The holds 0% in Avid Technology, Inc. (NASDAQ:AVID) or 27,228 shares. Capital Counsel accumulated 10,002 shares. Credit Suisse Ag has 0% invested in Avid Technology, Inc. (NASDAQ:AVID). Invesco Limited has invested 0% in Avid Technology, Inc. (NASDAQ:AVID).

Among 4 analysts covering Avid Technology (NASDAQ:AVID), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Avid Technology had 6 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Avid Technology, Inc. (NASDAQ:AVID) has “Sell” rating given on Thursday, December 7 by Dougherty. The firm has “Buy” rating given on Tuesday, August 11 by Dougherty & Company. BWS Financial maintained Avid Technology, Inc. (NASDAQ:AVID) rating on Wednesday, November 11. BWS Financial has “Buy” rating and $11 target. BWS Financial downgraded Avid Technology, Inc. (NASDAQ:AVID) on Thursday, November 10 to “Hold” rating. Singular Research initiated the shares of AVID in report on Wednesday, December 9 with “Buy” rating.

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide. The company has market cap of $201.63 million. The firm offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It currently has negative earnings. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization.

PolarityTE, Inc. (NASDAQ:COOL) Ratings Chart

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