Healthcare Stocks Near Session Bests; Geron Pops to New 52-Week High After New Coverage at MLV & Co.

By
A A A

Top Healthcare Stocks

JNJ +0.84%

PFE +1.95%

ABT +5.42%

MRK +0.65%

AMGN +2.12%

Healthcare stocks are solidly higher, with the NYSE Healthcare Sector Index adding 1.1% and shares of healthcare companies in the S&P 500 climbing 1.6% as a group.

In company news, Geron Corporation ( GERN ) is surging in afternoon trade, climbing more than 41% to $4.40 a share, earlier reaching a new 52-week high of $4.62 after the biotech company received a Buy rating late Tuesday in new coverage at MLV & Co.

MLV also placed a $6.50 price target on the stock.

In other sector news,

(+) OXGN, (+6.2%) Said its Zybrestat drug candidate "significantly reduced tumor size" in mice during pre-clinical testing. Trial data for prospective treatment for pancreatic cancer will be presented at an industry conference in Boston next week.

(-) RTIX, (-5.6%) Reduces Q3 revenue guidance by $4.3 mln to $54.7 mln.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: GERN

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

55,414,702
  • $15.38 ▼ 0.39%
38,503,210
  • $66.34 ▲ 2.26%
36,466,704
  • $8.36 ▼ 9.52%
35,253,294
  • $26.55 ▲ 1.34%
32,752,347
  • $6.55 ▲ 1.87%
31,778,001
  • $95.22 ▲ 0.19%
28,396,556
  • $51.49 ▼ 0.62%
23,800,987
  • $42.09 ▲ 0.97%
As of 7/11/2014, 04:03 PM