Celyad SA (CYAD) Is At $30.99 Formed Wedge; 9 Bullish Analysts Covering New Relic, Inc. (NEWR)

July 1, 2018 - By Danny Collins

New Relic, Inc. (NYSE:NEWR) Logo

Celyad SA (CYAD) formed wedge down with $29.75 target or 4.00% below today’s $30.99 share price. Celyad SA (CYAD) has $423.44 million valuation. The stock increased 1.61% or $0.49 during the last trading session, reaching $30.99. About 4,137 shares traded. Celyad SA (NASDAQ:CYAD) has declined 15.49% since July 1, 2017 and is downtrending. It has underperformed by 28.06% the S&P500. Some Historical CYAD News: 29/03/2018 – CELYAD SA CYAD.BR – THINK TRIAL: PRELIMINARY EVIDENCE OF NKG2D CHIMERIC ANTIGEN RECEPTOR T CELL THERAPY (CYAD-01) CLINICAL ACTIVITY; 15/05/2018 – CELYAD: ENOUGH CASH, EQUIV, INVESTMENTS TO FUND NEEDS TO 1Q ’19; 15/05/2018 – CELYAD ANNOUNCES LAUNCH OF PROPOSED GLOBAL OFFERING; 17/05/2018 – Celyad Announces Pricing of $47.3 Mllion Global Offering; 27/04/2018 – Haematologica publishes Celyad THINK Study Case Report of CYAD-01 lnduced Complete Remission in Relapsed/Refractory AML Patient; 29/03/2018 – Celyad to Present Updates On CYAD-01 at the American Association for Cancer Research (AACR) Annual Meeting 2018; 15/05/2018 – CELYAD REPORTS LAUNCH OF PROPOSED GLOBAL OFFERING; 23/05/2018 – CELYAD SA CYAD.BR – GROSS PROCEEDS TO CELYAD FROM GLOBAL OFFERING AMOUNTED TO APPROXIMATELY $54.4 MLN (APPROXIMATELY EUR 46.1 MLN); 09/05/2018 – Celyad Announces Presentations at the American Society of Gene & Cell Therapy (ASGCT) Annual Meeting 2018; 22/03/2018 – CELYAD FY CASH & CASH EQUIVALENTS EU34M

Among 11 analysts covering New Relic Inc (NYSE:NEWR), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. New Relic Inc had 22 analyst reports since January 4, 2018 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Wednesday, June 27 by Morgan Stanley. Robert W. Baird maintained New Relic, Inc. (NYSE:NEWR) rating on Tuesday, February 6. Robert W. Baird has “Buy” rating and $68.0 target. The company was upgraded on Wednesday, May 9 by BMO Capital Markets. The stock of New Relic, Inc. (NYSE:NEWR) has “Outperform” rating given on Tuesday, June 5 by Robert W. Baird. Needham maintained it with “Buy” rating and $8400 target in Monday, April 2 report. The firm has “Outperform” rating by Wedbush given on Tuesday, June 5. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, February 7 report. The stock of New Relic, Inc. (NYSE:NEWR) earned “Overweight” rating by KeyBanc Capital Markets on Monday, March 19. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, June 5. The firm earned “Buy” rating on Wednesday, February 7 by Guggenheim. See New Relic, Inc. (NYSE:NEWR) latest ratings:

27/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $73 New Target: $80 Maintain
25/06/2018 Broker: Deutsche Bank Rating: Buy New Target: $125 Initiates Coverage On
06/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $67 New Target: $73 Maintain
06/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Old Target: $86 Downgrade
05/06/2018 Broker: Needham Rating: Buy New Target: $121.0000 Maintain
05/06/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $88 New Target: $115 Maintain
05/06/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $95 New Target: $110 Maintain
05/06/2018 Broker: Wedbush Old Rating: Outperform New Rating: Outperform Old Target: $93 New Target: $116 Maintain
09/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $61 New Target: $67 Maintain
09/05/2018 Broker: BMO Capital Markets Rating: Buy New Target: $95.0000 Upgrade

The stock decreased 0.17% or $0.17 during the last trading session, reaching $100.59. About 769,651 shares traded. New Relic, Inc. (NYSE:NEWR) has risen 119.57% since July 1, 2017 and is uptrending. It has outperformed by 107.00% the S&P500. Some Historical NEWR News: 08/05/2018 – New Relic 4Q Rev $98.4M; 02/05/2018 – New Relic Appoints Hope Cochran to Its Bd of Directors; 08/05/2018 – NEW RELIC SEES 1Q REV. $104.5M TO $106.5M, EST. $103.6M; 16/03/2018 – Cramer also sits down with the CEOs of United Technologies and New Relic; 21/03/2018 – New Relic Recognized as a Leader in Gartner’s Magic Quadrant for Application Performance Monitoring Suites for Sixth Consecutive Time; 09/05/2018 – NEW RELIC INC NEWR.N : WEDBUSH RAISES TARGET PRICE TO $93 FROM $86; 08/05/2018 – New Relic Sees 1Q Rev $104.5M-$106.5M; 08/05/2018 – New Relic 4Q Loss/Shr 13c; 24/04/2018 – New Relic Closes Below 50-Day Moving Average: Technicals; 02/05/2018 – New Relic: Cochran Succeeds Sarah Friar

New Relic, Inc., a software-as-a-service company, provides digital intelligence products worldwide. The company has market cap of $5.63 billion. The companyÂ’s cloud platform and suite of products include New Relic Digital Intelligence Platform, which enables organizations to collect, store, and analyze data. It currently has negative earnings. It provides New Relic Application Performance Management that offers visibility into the performance and usage of server applications, such as data pertaining to response time, transaction throughput, error rates, transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance of mobile applications running on the iOS and Android mobile operating systems; and New Relic Browser, a product that monitors the page view experiences of actual end-users for desktop and mobile browser applications.

More notable recent New Relic, Inc. (NYSE:NEWR) news were published by: Benzinga.com which released: “KeyBanc Sees Positive Long-Term Story In New Relic, But Says Shares Are Fully Valued” on June 06, 2018, also Seekingalpha.com with their article: “New Relic Needs To Cool Off” published on June 18, 2018, Streetinsider.com published: “UPDATE: Deutsche Bank Starts New Relic (NEWR) at Buy” on June 25, 2018. More interesting news about New Relic, Inc. (NYSE:NEWR) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Alibaba, CarMax, Nike, RadWare, Under Armour and Many More” published on June 25, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 25, 2018” with publication date: June 25, 2018.

Among 3 analysts covering Celyad (NASDAQ:CYAD), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Celyad has $7400 highest and $44 lowest target. $55.67’s average target is 79.64% above currents $30.99 stock price. Celyad had 3 analyst reports since April 27, 2018 according to SRatingsIntel. Piper Jaffray maintained the shares of CYAD in report on Friday, April 27 with “Buy” rating. SunTrust initiated the shares of CYAD in report on Thursday, May 31 with “Buy” rating.

New Relic, Inc. (NYSE:NEWR) Ratings Chart