U.S. Stock Market Movers under Spotlight: MEMC Electronic, First Solar, SunPower, Avago, Boardwalk Pipeline, Spectra, Williams

MEMC Electronic Materials, Inc (NYSE:WFR) stock surged following news that Goldman Sachs Group, Inc (NYSE:GS) upgraded stock to its conviction buy list and lifted its price target $2 to $10.

MEMC Electronic Materials, Inc. (NYSE:WFR) last session’s volume of 18.59 million shares was higher than its average volume of 8.51 million shares. The stock after opening at $8.17 hit high price of $8.40 and then closed at $8.35 by scoring +9.58%.

Also, Goldman lifted rating on First Solar, Inc (NASDAQ:FSLR) to buy from neutral and boosted its price target to $64 from $43, mentioning the firm’s industry leading backlog, sending shares higher over 6%.

First Solar, Inc. (NASDAQ:FSLR) on May 30 2013 increased +6.55% to the closing price of $55.15. The overall volume in the last trading session was 9.47 million shares. Its fifty two weeks range was $11.43 – $59.00. The total market capitalization remained at $4.84 billion.

SunPower Corporation (NASDAQ:SPWR) stock hiked after Goldman upgraded SunPower to neutral from sell, with a boosted $18 price target, as earnings visibility and solar leasing momentum is fully valued.

SunPower Corporation (NASDAQ:SPWR) gained +3.51%, reaching at $20.33 after hovering between $20.07 and $20.90. This stock is ahead of its 52-week low with 447.98% and lagging behind from its 52-week high price with -14.44%. SPWR’s last month’s stock price volatility remained 8.82%.

Avago Technologies Ltd (NASDAQ:AVGO) declared fiscal Q2 earnings moved down 16 percent as the chip manufacturer continued to be hurt by tepid demand. But, quarterly results surpass Wall Street forecasts, assisted by higher sales in the industrial business.

With a recent gain of +9.85% to $37.82, the share price of Avago Technologies Ltd (NASDAQ:AVGO) has moved forward from its 20 days moving average with 12.35% and remote positively from 50 days moving average with 11.48%.

Boardwalk Pipeline Partners, LP (NYSE:BWP) stock was active on Thursday following news that its public offering of 11 million units priced at $30.12 per unit, a 3.7 percent discount to Wednesday’s end.

Boardwalk Pipeline Partners, LP (NYSE:BWP) decreased -3.32% to the closing price of $30.25. The stock showed weekly downbeat performance of -3.08% which was maintained for the month at 1.82%. Likewise the positive performance for the quarter was recorded as 1.82% and for the year was 15.94% while the YTD performance remained at 226.15%.

Spectra Energy Partners, LP (NYSE:SEP) last session’s volume of 226,397 shares was higher than its average volume of 224,375 shares. The stock after opening at $36.45 hit high price of $36.79 and then closed at $35.49 by scoring -2.10%.

With a recent loss of -0.77% to $51.48, the share price of Williams Partners L.P. (NYSE:WPZ) has moved down from its 20 days moving average with -0.48% and remote positively from 50 days moving average with 0.16%.

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