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UBS Steps To Sidelines on Depomed, Citing Limited Upside; Stock Sinks ~6%
Thursday, July 7, 2016 - 10:28am | 300Depomed Inc (NASDAQ: DEPO) shares have surged about 25 percent since mid-February, and UBS’ Ami Fadia believes there is limited upside going forward. Fadia downgraded the rating on the company from Buy to Neutral, with a price target of $20. Limited Upside The analyst believes there could be...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...