Morning Social Media Outlook: April 4, 2012
Benzinga | Apr 06, 2012 02:38AM ET
In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.
Provided by Social Market Analytics, here is the morning social media outlook for Wednesday, April 4.
Most Bullish
Celgene (NASDAQ: CELG) was initiated at Cantor Fitzgerald with a price target of $90. Currently, Celgene is trading around $80 per share near an all-time high.
Luminex (NASDAQ: LMNX) extended its pact with Bio-Rad up until 2013.
Most Bearish
SanDisk (NASDAQ: SNDK) guided lower yesterday Tuesday evening, stating that demand had declined.
Limited Brands (NYSE: LTD) is trading nearly flat on the current session. Red Book retail sales numbers were released on Tuesday.
Most Discussed
Apple (NASDAQ: AAPL) nearly always sits atop this list. The company received a $1001 price target on Monday, while Gene Munster stated that Apple was likely to hit $1000 per share in 2014.
Research in Motion (NASDAQ: RIMM) was mentioned by Munster on CNBC. When asked about his Apple call, Munster stated that Apple was taking share from other phone makers like RIM, and that the company was on pace for bankruptcy.
Google (NASDAQ: GOOG) is also a popular stock to discuss. Citigroup raised its price target on the tech giant to $750 per share from $680 recently, and shares of the company are currently trading near $644.
Goldman Sachs (NYSE: GS) announced that it would change some of its management on Monday. The announcement may have come following the piece from Goldman's ex-employee Greg Smith.
Microsoft (NASDAQ: MSFT) announced overnight Monday that it would be moving its European logistics center. Its new operating system, Windows 8, has also become a popular topic to discuss.
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