Drugs- Generic: Mylan Inc (NASDAQ:MYL), Zoetis Inc (NYSE:ZTS), Actavis plc Ordinary Shares (NYSE:ACT), Avanir Pharmaceuticals Inc (NASDAQ:AVNR)

Posted by on Mar 11, 2014

Mylan (NYSE:MYL) COO Harry Korman sold 31,970 shares of Mylan stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $54.54, for a total value of $1,743,643.80. Following the completion of the transaction, the chief operating officer now directly owns 133,373 shares in the company, valued at approximately $7,274,163. Mylan Inc (NASDAQ:MYL) stock opened at $54.79 in last trading session, and closed at $54.79, trading in the range of $53.31 – $54.84. The stock showed a negative weekly performance of -3.80%.

Zoetis (NYSE:ZTS)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Tuesday, American Banking News reports. They currently have a $37.00 price objective on the stock, down from their previous price objective of $38.00. Jefferies Group’s price objective suggests a potential upside of 21.71% from the company’s current price. Zoetis Inc (NYSE:ZTS) shares closed at $30.35 on last trade day, by decreasing -0.75%. Stock 52 week range is $28.77 – $35.42. Company’s market capitalization is $15.18 billion.

Argus raised their target price on shares of Actavis plc Ordinary Shares (NYSE:ACT) from $198.00 to $225.00 in a research note issued on Tuesday, Analyst Ratings Network reports. Argus’ price objective indicates a potential downside of 0.99% from the company’s current price. Actavis plc Ordinary Shares (NYSE:ACT) stock decreased -2.11% and finished the last session at $208.68. The EPS of the stock remained -5.27. Company’s market capitalization is $37.14 billion.

Avanir Pharmaceuticals Inc (NASDAQ:AVNR) stock has an average recommendation of Overweight with an Average Target Price of $7.63. Avanir Pharmaceuticals Inc (NASDAQ:AVNR) stock opened at $4.46 in last trading session and closed at $4.25. The 52 week range of the stock is $2.60 – $6.00 and the day range was $4.11 – $4.46.

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