Lakeway, NY -- (SBWIRE) -- 03/21/2013 -- 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:-
Edwards Lifesciences Corp(NYSE:EW) shares gained 2.89% and closed at $80.93. Equities research analysts at Credit Suisse lowered their price target on shares of EW from $96.00 to $88.00 in a research note issued to investors on Mar. 19. The firm currently has a “neutral” rating on the stock.
Additionally, the company, on Mar. 11, said that patients who were implanted with its new Sapien XT heart valve did about as well as patients who received an older version of the valve.
Get Latest News, Updates on EW Here
Louisiana-Pacific Corporation (NYSE:LPX) shares jumped 2.28% and closed at $22.16. Deutsche Bank reiterated its Hold rating on Louisiana-Pacific Corporation and raised its price target from $18.00 to $20.00 on Feb. 13.
Additionally, the company reported total sales for the fourth quarter of $459 million, 47% higher than the year ago quarter, and total sales for the year were $1.7 billion, 27% higher than the previous year. Adjusted EBITDA from continuing operations for the fourth quarter was $71 million compared to a loss of $12 million in the fourth quarter of 2011. For the year, EBITDA from continuing operations was $203 million compared to a loss of $5 million the previous year.
Is LPX a Strong Buying Opportunity After The Recent Slump? Find out Here
Red Hat, Inc. (NYSE:RHT) shares climbed 2.79% to $51.18. The company on Mar. 12 announced that it has added Red Hat JBoss Fuse and Red Hat JBoss A-MQ to its enterprise middleware portfolio. The products are based on technologies acquired from FuseSource in Sept. 2012 and are designed to enhance Red Hat's enterprise integration and messaging capabilities.
Additionally, the company announced that Red Hat CIO Lee Congdon will be a featured keynote speaker at Open Source Think Tank on March 21, 2013. Open Source Think Tank brings leading global industry experts and visionaries together to discuss the future of open source. This year's event will focus on building the bridge to innovation with open source in the enterprise.
Is RHT Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here
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