Stocks Hitting 52-Week Highs

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The Estée Lauder Companies Inc.EL
shares gained 1.97% to reach a new 52-week high of $85.00. Piper Jaffray upgraded Estee Lauder from Neutral to Overweight and raised the price target from $75.00 to $100.00.
Stamps.com Inc. STMP
shares climbed 16.83% to touch a new 52-week high of $68.11 after the company announced its plans to acquire Endicia from
Newell RubbermaidNWL
for $215 million in cash.
Kraft Foods Group, Inc. KRFT
shares climbed 32.30% to reach a new 52-week high of $81.13 following the announcement of merger with Heinz. H.J. Heinz Company and Kraft Foods Group agreed to merge to create a new entity called The Kraft Heinz Company.
Kofax Limited KFX
shares jumped 45.73% to touch a new 52-week high of $10.93 after the company agreed to be acquired by
Lexmark International Inc. LXK
for $11 per share in cash.
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Posted In: NewsIntraday UpdateMarketsMovers52 Week Highs52-Week HighsComputer Storage & PeripheralsInformation Technology
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