Stocks Hitting 52-Week Highs

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Hormel Foods CorpHRL
shares gained 2.57 percent to touch a new 52-week high of $73.15. Stephens & Co. upgraded Hormel Foods from Equal-weight to Overweight and raised the price target from $63.00 to $80.00.
Public Storage PSA
shares gained 0.51 percent to reach a new 52-week high of $238.97. Public Storage shares have jumped 27.43 percent over the past 52 weeks, while the S&P 500 index has gained 0.79 percent in the same period.
Beacon Roofing Supply, Inc. BECN
shares rose 2.05 percent to reach a new 52-week high of $43.03. On Tuesday, Beacon Roofing Supply reported better-than-expected Q4 earnings.
The9 Limited (ADR) NCTY
shares touched a new 52-week high of $3.29 after the company reported that it has signed an agreement regarding the sale of 12% senior secured convertible bonds.
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Posted In: NewsIntraday UpdateMarketsMovers52 Week Highs52-Week Highs
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