Medidata Solutions, Inc. (MDSO) Reaches $66.13 After 8.00% Up Move; Cummins Inc. (CMI) Had 9 Analysts Last Week

February 15, 2018 - By Russell Anderson

The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) is a huge mover today! The stock increased 4.03% or $2.56 during the last trading session, reaching $66.13. About 276,187 shares traded. Medidata Solutions, Inc. (NASDAQ:MDSO) has risen 68.37% since February 15, 2017 and is uptrending. It has outperformed by 51.67% the S&P500.The move comes after 8 months positive chart setup for the $3.87 billion company. It was reported on Feb, 15 by Barchart.com. We have $71.42 PT which if reached, will make NASDAQ:MDSO worth $309.44M more.

Among 29 analysts covering Cummins (NYSE:CMI), 9 have Buy rating, 3 Sell and 17 Hold. Therefore 31% are positive. Cummins had 100 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Thursday, July 14 by Standpoint Research. The stock has “Buy” rating by Melius Research on Thursday, November 16. As per Friday, December 8, the company rating was maintained by Piper Jaffray. On Tuesday, December 12 the stock rating was initiated by Barclays Capital with “Hold”. The rating was upgraded by Goldman Sachs on Tuesday, October 11 to “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Friday, December 1. The rating was maintained by Citigroup on Friday, October 13 with “Neutral”. The rating was downgraded by Evercore on Tuesday, August 4 to “Hold”. On Wednesday, November 2 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Deutsche Bank with “Sell” on Wednesday, August 2. See Cummins Inc. (NYSE:CMI) latest ratings:

13/02/2018 Broker: William Blair Rating: Hold Maintain
08/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $193.0 Maintain
07/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $208 New Target: $205 Maintain
06/02/2018 Broker: Robert W. Baird Rating: Sell New Target: $159.0 Maintain
05/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $182.0 Maintain
05/02/2018 Broker: Deutsche Bank Rating: Sell New Target: $169.0
24/01/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $180 New Target: $191 Maintain
19/01/2018 Broker: Bank of America Rating: Buy New Target: $215.0 Upgrade
11/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $191.0 Maintain
12/12/2017 Broker: Barclays Capital Rating: Hold New Target: $180.0 Initiate

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.06, from 1.17 in 2017Q2. It is positive, as 38 investors sold Medidata Solutions, Inc. shares while 60 reduced holdings. 33 funds opened positions while 88 raised stakes. 59.30 million shares or 4.96% more from 56.50 million shares in 2017Q2 were reported. 48,130 are owned by State Of Wisconsin Invest Board. Tiedemann Wealth Ltd Liability stated it has 12,174 shares or 0.01% of all its holdings. Metropolitan Life Ins Ny owns 182,210 shares. Ashford Capital Mgmt Inc reported 175,935 shares. Bank Of Montreal Can stated it has 0% of its portfolio in Medidata Solutions, Inc. (NASDAQ:MDSO). Los Angeles Cap Mngmt & Equity Research Incorporated owns 7,497 shares. Fortaleza Asset Mgmt has invested 0.28% in Medidata Solutions, Inc. (NASDAQ:MDSO). Voya Mngmt Limited Liability Corporation holds 703,604 shares. Sands Capital Management Ltd Com owns 0.85% invested in Medidata Solutions, Inc. (NASDAQ:MDSO) for 3.62M shares. Ny State Common Retirement Fund holds 0.1% or 969,531 shares. Tortoise Invest Management Limited Liability Corporation holds 0% or 167 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv reported 121,400 shares. Geode Capital Ltd Co invested in 491,803 shares. Jane Street Group Limited Liability Com holds 9,505 shares. Brown Mgmt, Maryland-based fund reported 5.45M shares.

Since August 15, 2017, it had 0 insider buys, and 3 sales for $474,820 activity. Bergmann Rouven also sold $131,900 worth of Medidata Solutions, Inc. (NASDAQ:MDSO) on Tuesday, December 19. Capone Michael L sold $372,650 worth of stock or 5,000 shares.

Medidata Solutions, Inc. provides cloud solutions for life sciences worldwide. The company has market cap of $3.87 billion. It offers Medidata Clinical Cloud that provides a software-as-a-service platform of technology and data analytics solutions to optimize activities across clinical development. It has a 89.36 P/E ratio. The companyÂ’s platform solutions includes Plan Study that addresses the areas to ensure optimal study design, grant development and negotiation, and investigator payments; and Support Sites, which provides robust risk management, reduced source document verification, real-time monitoring, on-time, accurate payments.

Among 17 analysts covering Medidata Solutions Inc. (NASDAQ:MDSO), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Medidata Solutions Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Friday, February 9. Piper Jaffray maintained Medidata Solutions, Inc. (NASDAQ:MDSO) on Thursday, February 8 with “Buy” rating. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) has “Buy” rating given on Friday, October 27 by SunTrust. Wells Fargo maintained the stock with “Market Perform” rating in Friday, October 27 report. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) has “Market Perform” rating given on Tuesday, April 26 by Leerink Swann. The firm has “Buy” rating given on Thursday, February 11 by Topeka Capital Markets. The stock has “Buy” rating by Needham on Friday, February 10. The rating was maintained by Jefferies with “Hold” on Thursday, February 8. Topeka Capital Markets maintained it with “Hold” rating and $53 target in Friday, September 25 report. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 13.

The stock decreased 1.34% or $2.225 during the last trading session, reaching $163.775. About 456,848 shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since February 15, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.

Cummins Inc., together with its subsidiaries, designs, makes, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. The company has market cap of $27.06 billion. It operates through Engine, Distribution, Components, and Power Systems divisions. It has a 27.43 P/E ratio. The Engine segment makes and markets a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, gas and oil, defense, and agricultural markets.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It improved, as 57 investors sold Cummins Inc. shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Commonwealth Equity invested 0.07% in Cummins Inc. (NYSE:CMI). Lombard Odier Asset Mgmt (Switzerland) Sa owns 17,254 shares or 0.28% of their US portfolio. Hermes Investment Management Ltd accumulated 432,714 shares or 1.09% of the stock. Hartline Investment owns 1,528 shares for 0.08% of their portfolio. Korea-based Mirae Asset Global Invs Ltd has invested 0% in Cummins Inc. (NYSE:CMI). Norinchukin Commercial Bank The reported 0.04% of its portfolio in Cummins Inc. (NYSE:CMI). Veritable Lp reported 4,874 shares. Hl Fincl Svcs Ltd Liability Corp reported 13,842 shares. Nomura Asset Management Co Ltd stated it has 72,124 shares. Perella Weinberg Prtn Mgmt Lp reported 0.05% of its portfolio in Cummins Inc. (NYSE:CMI). The California-based Parnassus Invests Ca has invested 0.07% in Cummins Inc. (NYSE:CMI). Moreover, Price T Rowe Assoc Md has 0.01% invested in Cummins Inc. (NYSE:CMI) for 489,888 shares. Churchill Management has 104,339 shares for 0.43% of their portfolio. Pinnacle Wealth Advisory Group Incorporated Ltd has 0.52% invested in Cummins Inc. (NYSE:CMI) for 5,315 shares. Bluecrest Cap Management Limited reported 2,089 shares.

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