Saturday, March 22, 2014

Stocks Hitting 52-Week Highs

Related HZNP Mid-Morning Market Update: Markets Edge Higher; FedEx Profit Misses Estimates Morning Market Movers

Prothena Corporation plc (NASDAQ: PRTA) shares surged 23.52% to touch a new 52-week high of $45.90 after the company reported clinical data to be presented at International Symposium on Amyloidosis. Morgan Stanley raised the price target on the stock from $35.00 to $53.00.

Horizon Pharma (NASDAQ: HZNP) shares reached a new 52-week high of $17.12 after the company announced its plans to acquire privately held Vidara Therapeutics International for around $660 million.

Enterprise Products Partners LP (NYSE: EPD) shares reached a new 52-week high of $69.77 after analysts at Credit Suisse upgraded the stock from Neutral to Outperform and raised the target price from $71 to $78.

Hewlett-Packard Company (NYSE: HPQ) rose 1.37% to touch a new 52-week high of $30.98 ahead of its annual shareholder on Wednesday.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers

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