Altice USA (ATUS) Reaches $29.73 After 6.00% Up Move; 2 Bullish Analysts Covering Aspen Technology, Inc. (AZPN)

September 12, 2017 - By Marie Mckinney

Among 5 analysts covering Aspen Technology (NASDAQ:AZPN), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Aspen Technology had 14 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Aspen Technology, Inc. (NASDAQ:AZPN) earned “Hold” rating by Benchmark on Tuesday, April 26. The stock has “Hold” rating by Canaccord Genuity on Friday, June 9. The firm has “Underperform” rating by Avondale given on Friday, August 12. The stock of Aspen Technology, Inc. (NASDAQ:AZPN) earned “Hold” rating by Benchmark on Wednesday, January 13. The firm has “Mkt Outperform” rating given on Friday, January 27 by Avondale. The firm earned “Underweight” rating on Friday, April 29 by JP Morgan. The firm has “Hold” rating given on Friday, August 11 by Canaccord Genuity. Canaccord Genuity maintained it with “Hold” rating and $33 target in Friday, January 29 report. As per Wednesday, August 23, the company rating was initiated by Berenberg. TheStreet downgraded Aspen Technology, Inc. (NASDAQ:AZPN) on Saturday, August 15 to “Buy” rating. See Aspen Technology, Inc. (NASDAQ:AZPN) latest ratings:

23/08/2017 Broker: Berenberg Rating: Buy New Target: $70.0 Initiate
11/08/2017 Broker: Canaccord Genuity Rating: Hold New Target: $62.0000 Maintain
09/06/2017 Broker: Canaccord Genuity Rating: Hold New Target: $60.0000 Maintain

The stock of Altice USA Inc (NYSE:ATUS) is a huge mover today! About 501,213 shares traded. Altice USA Inc (NYSE:ATUS) has 0.00% since September 12, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 6 months positive chart setup for the $21.91 billion company. It was reported on Sep, 12 by Barchart.com. We have $31.51 PT which if reached, will make NYSE:ATUS worth $1.31 billion more.

Among 2 analysts covering Altice USA (NYSE:ATUS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Altice USA had 2 analyst reports since June 23, 2017 according to SRatingsIntel. The stock of Altice USA Inc (NYSE:ATUS) earned “Buy” rating by Pivotal Research on Friday, June 23. The company was initiated on Wednesday, July 26 by Wells Fargo.

Altice USA, Inc. is engaged in providing broadband communications and video services in the United States. The company has market cap of $21.91 billion. The Company’s divisions include Cablevision and Cequel. It currently has negative earnings. Cablevision provides broadband, pay television and telephony services to residential and business clients in and around the New York metropolitan area.

Aspen Technology, Inc. is a global provider of process optimization software solutions designed to manage and optimize plant and process design, operational performance, and supply chain planning. The company has market cap of $4.65 billion. The Company’s aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, and engineering and construction industries. It has a 30.07 P/E ratio. It operates through two divisions, including subscription and software, which provides licensing of process optimization software solutions and associated support services, and services, which includes professional services and training.

About 41,406 shares traded. Aspen Technology, Inc. (NASDAQ:AZPN) has risen 59.88% since September 12, 2016 and is uptrending. It has outperformed by 43.18% the S&P500.