It's time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Chipotle (CMG) – A Chipotle restaurant in Massachusetts was temporarily closed after four employees fell sick. The Boston Globe reported the workers were diagnosed with norovirus, citing health officials.
Yelp (YELP) – Shares are under pressure following a downgrade by UBS to sell from neutral. UBS cited concerns over user growth and product innovation.
FireEye (FEYE) – Piper Jaffray bumped its rating on the stock from neutral to overweight and raised its price target from $15 to $24 per share following its analyst day.
Express (EXPR) – The retailer reported that its fourth-quarter profit jumped 34%, boosted by a strong holiday shopping season. Express posted a 4% jump in same-store sales growth, beating its forecast of a 3% increase.
CBS Corporation (CBS) – Wells Fargo upgraded CBS from market perform to outperform and raised its valuation range to $58 to $60 per share from $48 to $50 per share. Analyst Marci Ryvicker cited strong ad trends as one of the reasons for the upgrade.
Pfizer (PFE) – The company launched a $5 billion accelerated stock repurchase program with Goldman Sachs. It’s expected to be settled during the second quarter of 2016.
Valeant (VRX) – The company added three new independent directors to its board. This move brings the size of its board to 14, and the number of independents to 12.
Darden Restaurants (DRI) – The company reported preliminary third-quarter results. Darden Restaurants expects adjusted net earnings per share of 1.18 to $1.21 and forecasts same-restaurant sales to rise approximately 6% for the fiscal quarter.
