The travel-booking industry group was the top performer Friday, and Expedia (EXPE) was a big part of the reason. It gapped out of a base to an all-time high after an upbeat Q2 report. Priceline (PCLN) also gapped higher and was trading near a buy point. And Sabre (SABR) broke out of a cup-with-handle base, but volume was missing. Orbitz Worldwide (OWW), another member of the group, rose nearly 5% Thursday on a New York Post report that antitrust
Wall Street analysts underestimate the sales potential of Apple’s (AAPL) upcoming iPhone 6S series handsets, Nomura Securities analyst Jeffrey Kvaal said in a research report Thursday. Kvaal initiated coverage of Apple stock with a buy rating and a price target of 145. Apple shares fell nearly 1% on Friday to 121.30. After the massive success of Apple’s bigger-screen iPhone 6 and 6 Plus handsets, few expect much from this year’s model, the iPhone
GoPro (GPRO) is set to fly, as the maker of tiny action cameras enters the drone business early next year, Citi Research analyst Jeremy David said in a research report Thursday. David upgraded GoPro stock to buy from neutral and raised his price target to 90 from 63, based on GoPro’s prospects in the market for flying cameras and virtual reality. GoPro stock was up 1.3%, near 63, in late-afternoon trading on the stock market today. “We view the