Sector Update: Consumer

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Consumer shares are mixed in pre-bell trading.

eBay ( EBAY ) shares are up 3% in pre-market trade after Black Friday sales reportedly increased 35% until noon on Black Friday versus the year prior.

eBay was also upgraded today to a Buy from Neutral at SunTrust. EBAY is trading in a 52-week range of $48.06 to $58.04.

Amazon ( AMZN ) sales rose 25%. Amazon is up about 1% pre-market at new 52-week highs.

And, Monster Beverage ( MNST ) is about 3% higher in early pre-market trade after JPMorgan raised its rating on the shares to Overweight from Neutral and boosted its price target to $74 from $70.

Finally, Hilton Worldwide (HLT) plans to launch an IPO of up to 112.8 million shares of common stock from $18 to $21, according to its S-1 filing.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: AMZN , EBAY , MNST

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