Stocks Hitting 52-Week Highs
TriQuint Semiconductor (NASDAQ: TQNT) shares touched a new 52-week high of $14.28 after the company reported Q1 results. Northland Securities upgraded the stock from Market Perform to Outperform and lifted the price target from $9.00 to $17.50.
NetScout Systems (NASDAQ: NTCT) shares reached a new 52-week high of $39.67 after the company reported better-than-expected quarterly results and issued a strong FY15 forecast.
Zimmer Holdings (NYSE: ZMH) shares touched a new 52-week high of $106.19 after the company announced its plans to acquire Biomet in a cash and stock transaction valued at around $13.35 billion.
Caterpillar (NYSE: CAT) shares rose 2.49% to reach a new 52-week high of $105.95 after the company reported better-than-expected first-quarter results and lifted its full-year earnings guidance.
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