The shares of Proteon Therapeutics, Inc. (NASDAQ:PRTO) has been pegged with a rating of Mkt Outperform by JMP Securities in its latest research note that was published on February 11th, 2019. The research company has also assigned a $9 price target. JMP Securities wasnâ€™t the only research firm that published a report of Proteon Therapeutics, Inc., with other equities research analysts also giving their opinion on the stock. Maxim Group advised investors in its research note published on October 30th, 2018, to Buy the PRTO stock while also putting a $5 price target. The stock had earned Neutral rating from H.C. Wainwright when it published its report on March 17th, 2017. That day the H.C. Wainwright set price target on the stock to $3. The stock was given Buy rating by Maxim Group in its report released on December 14th, 2016, the day when the price target on the stock was placed at $6. Stifel was of a view that PRTO is Hold in its latest report on December 14th, 2016 while giving it a price target of $3. Raymond James thinks that PRTO is worth Mkt Perform rating. This was contained in the firmâ€™s report on December 14th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.50. The price of the stock the last time has raised by 15.18% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 24.22.
The shares of the company dipped by -1.94% during the trading session on Tuesday, reaching a low of $0.5055 while ending the day at $0.52. During the trading session, a total of 2.51 million shares were traded which represents a -146.36% decline from the average session volume which is 1.02M shares. PRTO had ended its last session trading at 0.53. Proteon Therapeutics, Inc. currently has a market cap of $9.61M, with a beta of 0.65. PRTO 52-week low price stands at $0.45 while its 52-week high price is $3.94.
Proteon Therapeutics, Inc. has the potential to record -1.15 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Needham published a research note on February 4th, 2019 where it informed investors and clients that Medtronic plc (NYSE:MDT) is now rated as Strong Buy. Their price target on the stock stands at $117. Maxim Group also rated MDT as Initiated on October 30th, 2018, with its price target of $84 suggesting that MDT could surge by 16.67% from its current share price. Even though the stock has been trading at $86.87/share, analysts expect it to surge higher by -0.83% to reach $103.38/share. It started the day trading at $87.55 and traded between $86.05 and $86.15 throughout the trading session.
A look at its technical shows that MDTâ€™s 50-day SMA is 90.68 while its 200-day SMA stands at 91.59. The stock has a high of $100.15 for the year while the low is $78.29. The companyâ€™s P/E ratio currently sits at 22.97, while the P/B ratio is 2.32. At the moment, only of Medtronic plc shares were sold short. The companyâ€™s average trading volume currently stands at 5.62M shares, which means that the short-interest ratio is just 1.30 days. Over the past seven days, the company moved, with its shift of -2.90%. Looking further, the stock has raised 0.14% over the past 90 days while it lost -9.02% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MDT shares, increasing its portfolio by +2.47% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,658,918 shares in the last quarter, thus it now holds 110,097,719 shares of MDT, with a total valuation of $10,027,700,247. Wellington Management Co LLP meanwhile sold more MDT shares in the recently filed quarter, changing its stake to $6,689,443,464 worth of shares. BlackRock Fund Advisors followed the path by increasing its MDT portfolio by +4.11% in the quarter. This means that BlackRock Fund Advisors bought 2,483,288 shares in the last quarter and now controls 62,842,366 shares of the MDT stock, with the valuation hitting $5,723,682,695.
Similarly, SSgA Funds Management Inc decreased its Medtronic plc shares by -1.00% during the recently filed quarter. After selling -557,054 shares in the last quarter, the firm now controls 54,945,930 shares of Medtronic plc which are valued at $5,004,475,304. In the same vein, T Rowe Price Associates Inc increased its Medtronic plc shares by during the most recent reported quarter. The firm bought 105,611 shares during the quarter which increased its stakes to 23,352,210 shares and is now valued at $2,126,919,287. Following these latest developments, around 0.10% of Medtronic plc stocks are owned by institutional investors and hedge funds.