Stocks Hitting 52-Week Highs

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OpenTable
OPEN
shares surged 47.28% to reach a new 52-week high of $103.73 after Priceline
PCLN
announced its plans to buy OpenTable for $103 per share. Intel
INTC
reached a new 52-week high of $29.78 after the company lifted its revenue guidance. The company expected Q2 revenue of $13.4 billion to $14 billion, versus its earlier forecast of $12.5 billion to $13.5 billion. Analysts at Roth Capital upgraded Intel from Neutral to Buy. Occidental Petroleum
OXY
shares gained 0.80% to touch a new 52-week high of $102.06. Jefferies initiated coverage on Occidental Petroleum with a Buy rating and a $114.00 price target. China Digital TV Holding Co
STV
shares touched a new 52-week high of $4.135 after the company announced its plans to buy stake in Tongda.
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Posted In: NewsIntraday UpdateMarketsMovers52 Week Highs52-Week Highs
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