>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • MIME +6.5%, ALTR +3.9%, XNET +3.7%, SYMC +2.5%

Other news:

  • PFNX +23.8% (Pfenex announces top-line results from its PF708-301 study, which showed comparable overall profiles between PF708 and Forteo after 24 weeks of daily injection in osteoporosis patients)
  • NEWR +1.8% (commences $435 mln private placement of convertible senior notes due 2023) . 

Analyst comments:

  • NTLA +7.8% (upgraded to Buy at Chardan Capital Markets; tgt raised to $57.50)
  • CRSP +3.5% (target raised to $72.50 at Chardan Capital Markets)
  • VRX +3.4% (upgraded to Buy from Neutral at Mizuho)
  • ULTA +2% (upgraded to Outperform from Perform at Oppenheimer)
  • PVTL +1.9% (initiated with a Buy at Goldman)
  • SMG +1.2% (upgraded to Buy from Hold at SunTrust)
  • MU +1.2% (target raised to $101 at Stifel)
  • FGEN +1% (upgraded to Buy from Neutral at Mizuho)
  • FLR +0.9% (added to US 1 List at BofA/Merrill)