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Intercept Pharma (ICPT) stock upgraded to Market Outperform

InvestorsKeyhole Trade Alert

IK-> The technicals for ICPT ($114.19 up $1.85) are bullish with an upwards trend. Support has been around $108.00. Look at the Apr 70/75 bull-put spread for a 50-cent credit or better. That’s good for a 11.1% return and the stock has to fall 34.3% to cause a problem. [Various news and data; InvestorsKeyhole]

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

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