Equities researchers at Stifel Nicolaus reduced their target price on shares of Exelixis (NASDAQ:EXEL) from $11.00 to $9.00 in a research report issued on Wednesday, Analyst Ratings Net reports. Stifel Nicolaus’ target price points to a potential upside of 39.75% from the stock’s previous close. Exelixis, Inc. (NASDAQ:EXEL) stock opened today at $4.46 and is currently trading at $4.19. The stock showed a positive weekly performance of 2.38%.
Insmed Incorporated (Nasdaq: INSM) reported results from the Company’s phase 2 clinical trial of ARIKAYCE, or liposomal amikacin for inhalation, for the treatment of patients with treatment resistant nontuberculous mycobacterial (NTM) lung infections. The randomized, double-blind, placebo-controlled phase 2 clinical trial compared ARIKAYCE (590 mg delivered once daily), added to standard of care treatment, versus standard of care treatment plus placebo, in 90 adult patients with treatment resistant NTM lung disease. Eligibility for the study required patients to have been on the American Thoracic Society/Infectious Disease Society of America (ATS/IDSA) guideline therapy for at least six months prior to screening and to continue to have persistently positive mycobacterial cultures. Insmed Incorporated (NASDAQ:INSM) stock opened at $16.00, in current trading session and currently is at $16.60, by loosing -9.29%.The 52 week range of $6.56-$22.29. Company’s market capitalization is $652.17 million.
Shares of Arotech Corporation (Nasdaq:ARTX) skyrocketed $2.11 (or +50.97%) to $6.25 on Tuesday’s trading session, following the announcement that its Battery Division has received orders amounting to over $2 million for batteries and chargers from existing customers of the company. Arotech Corporation (NASDAQ:ARTX) stock is currently trading at $5.69 .The EPS of the stock is 0.17. Company’s market capitalization is $110.67 million.
Capstone Turbine Corporation (NASDAQ:CPST), the leading manufacturer of clean technology across the globe declared that it has been awarded with a “2013 Certificate of Avoided GHG Emissions” by the U.S. “Environmental Protection Agency Combined Heat and Power Partnership”. As per the note, the company in association with its U.S. distribution partners, has established almost 471 CHP, or combined heat and power systems that helped to reduce the carbon dioxide count of nearly 3,060,000 metric tons, as against that of conventional energy sources. CHP applications has the ability to achieve overall efficiency of more than 80%, which is superior than the electrical efficacy of the national utility grid. Capstone Turbine Corporation (NASDAQ:CPST) stock opened the session at $2.22, and now is at $2.24. The 52 week range of the CPST stock remained $0.82-$2.60 and the day range was $2.20-$2.28.
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