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Twitter and First Solar shares fall after downgrade; Sirius XM soars; Men's Wearhouse and Jos. A. Bank at it again

Hot Stock Minute

Twitter, Inc. (TWTR) stock fell 3% after it was downgraded by Morgan Stanley to underweight from equal-weight and set its price target for the social media company to $33. Morgan Stanley also called Twitter a riskier pick than social media rival Facebook.

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Sirius XM Holdings (SIRI) saw shares jump 7% after Liberty Media (LMCA) made an offer to buy all outstanding shares of the satellite-radio provider. Liberty Media shares finished the day down 2.3%.

First Solar (FSLR) tumbled nearly 10% after it was downgraded by Goldman Sachs to sell from buy and set a price target at $45. Goldman analysts cited the company as not being positioned adequately for industry shifts.

The Men's Wearhouse (MW) saw shares rise over 2% after it upped its bid for Jos. A Bank (JOSB), which also saw shares rise over 2%. After seeing its offer of $55 per share back in November turned down by Jos A. Bank, Men's Wearhouse decided to up its offer to $57.50 a share.

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