Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
D.R. Horton, Inc.(NYSE:DHI) shares jumped 1.65% and closed at $24.02 after analysts at Sterne Agee started coverage on shares of DHI in a research report issued to clients and investors on Mar. 13. The firm set a “buy” rating on the stock. Additionally, analysts at RBC Capital reiterated a “sector perform” rating on shares of D.R. Horton in a research note to investors on Mar. 8. They now have a $26.00 price target on the stock.
Is DHI a Strong Buy After The Recent Gain? Let’s Find out Here
Actavis Inc(NYSE:ACT) shares increased 1.64% and closed at $91.58. The company, on Mar. 8, confirmed that it has filed with the U.S. Food and Drug Administration (FDA) an amendment to its Abbreviated New Drug Application (ANDA) for Rivastigmine Transdermal System to include the 13.3 mg per 24 hours dosage strength. Actavis' ANDA product is a generic version of Novartis' Exelon(®) Patch, which is a prescription medicine used to treat people with mild to moderate dementia associated with Alzheimer's or Parkinson's disease.
Is ACT a Strong Buy After The Recent Gain? Let’s Find out Here
Quantum Corp(NYSE:QTM) shares climbed 1.61% to $1.26. The company, on Feb. 27, announced that Framestore, a leading visual effects and computer animation studio, has selected Quantum's StorNext® File System and StorNext Storage Manager™ for its high-performance workflow and digital content archive. With StorNext software, Framestore can collaborate seamlessly on its entire workspace of 130 TB of content, as well as automatically migrate assets across the entire workflow from edit to archive, resulting in a 30-60 percent increase in productivity.
Is QTM a Strong Buying Opportunity After The Recent Slump? Find out Here
Maxim Integrated Products Inc. (NASDAQ:MXIM) shares jumped 1.60% and closed at $32.93 in the last trading session. The company, on Mar. 11, announced the offering and pricing of $500 million of its 3.375% Senior Notes due 2023. Subject to market conditions and other factors, Maxim Integrated intends to use the net proceeds from this offering to repurchase shares of its common stock and for general corporate purposes. Maxim Integrated will use its cash on hand to redeem, repurchase or repay at maturity all of its outstanding 3.45% Senior Notes due June 14, 2013.
Should Investors Consider MXIM After The Recent price Action? Get Free Trend Analysis Here
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