Stocks to Watch: Clean Energy Fuels Corp. (NASDAQ:CLNE), Chesapeake Energy Corporation (NYSE:CHK), ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)

Dallas, TX -- (SBWIRE) -- 03/15/2013 -- Marketbuzzreport.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:-

Clean Energy Fuels Corp. (NASDAQ:CLNE) shares climbed 5.46% and closed at $14.48. Research analysts at Ascendiant Capital Markets began coverage on shares of CLNE in a report released on Mar. 11. The firm set a “buy” rating and a $15.50 price target on the stock.

Additionally, the company, on Feb. 28, reported a fourth quarter loss of $41.7 million or $0.46 per share, from $20.9 million or $0.29 per share last year. Adjusted net loss for the quarter was $0.23 per share, compared to $0.21 per share in the same quarter last year. Meanwhile, revenue for the quarter rose to $99.1 million, from $86.2 million in the fourth quarter prior year. Analysts expected the company to report a loss of $0.22 per share on revenues of $91.53 million for the quarter.

Get Latest News, Updates on CLNE Here

Chesapeake Energy Corporation (NYSE:CHK) shares jumped 5.23% to $22.52. The company, on Mar. 8, announced that it is seeking a declaratory judgment in the United States District Court for the Southern District of New York with respect to redeeming the Company’s 6.775% Senior Notes due 2019 (“the Notes”) at par.

Additionally, the company, on Mar. 7, has accepted the resignation of board member V. Burns Hargis, effective immediately, board Chairman Archie Dunham announced today. Dunham also announced that Louis A. Raspino has been elected to fill the vacancy and has been appointed chairman of the audit committee. He will stand for election at the 2013 annual meeting of shareholders in June.

Is CHK a Strong Buying Opportunity After The Recent Slump? Find out Here

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) shares increased 4.93% and closed at $6.39. Equities research analysts at Ladenburg Thalmann raised their price target on shares of ACAD from $8.00 to $9.00 in a research note issued to investors on Mar. 13. The firm currently has a “buy” rating on the stock.

Additionally, the company, on Mar. 12, announced its financial results for the fourth quarter and year ended December 31, 2012. ACADIA reported a net loss of $6.8 million, or $0.11 per common share, for the fourth quarter of 2012, compared to a net loss of $5.3 million, or $0.10 per common share, for the fourth quarter of 2011.

Is ACAD Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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