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Sector Update: Health Care Stocks Pop in Monday's Rally; Tekmira Pharmaceuticals Rises After Leerink Starts Coverage with Outperform Rating

Top Healthcare Stocks

JNJ +1.21%

PFE +0.72%

ABT +0.48%

MRK -0.20%

AMGN +0.11%

Healthcare stocks were mostly higher today with the NYSE Healthcare Sector Index adding almost 0.9% and shares of healthcare companies in the S&P 500 climbing about 0.7% as a group.

In company news, shares of Tekmira Pharmaceuticals Corp ( TKMR ) returned to their winning ways Monday after the drug-maker working on a possible vaccine to treat the ebola virus received an Outperform rating today in new coverage at Leerink Swan.

The research shop also set a $25 price target for the stock.

TKMR shares were ahead nearly 12% at $20.22 apiece in recent trade, earlier climbing to a session high of $20.24 a share. The stock has traded within a 52-week range of $5.08 to $31.48 a share, spiking over 291% over the past 12 months.

In other sector news,

(-) SRNE, (-2.6%) Researchers publish data supportive of MYC inhibitor technology licensed by the company from the The Scripps Research Institute, but also say "MYC is a very important but yet unsuccessfully pursued target for cancer therapy."

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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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