18 Biggest Mid-Day Gainers For Wednesday

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  • Catalyst Pharmaceuticals Inc CPRX shares jumped 27.7 percent to $1.43. Piper Jaffray upgraded Catalyst Pharmaceuticals from Neutral to Overweight and raised the price target from $1.00 to $4.00.
  • Corbus Pharmaceuticals Holdings Inc CRBP shares climbed 23.6 percent to $8.67. Cantor Fitzgerald initiated coverage on Corbus Pharmaceuticals with a Buy rating and a $17.00 price target.
  • Resolute Energy Corp REN shares surged 17.7 percent to $30.22. Rodman & Renshaw initiated coverage on Resolute Energy with a Buy rating and $32 price target.
  • Net 1 UEPS Technologies Inc UEPS gained 16.3 percent to $10.48 after the company reported the acquisition of a strategic stake in Blue Label Telecoms Limited.
  • Bristow Group Inc BRS rose 12.7 percent to $15.36. Bristow Group appointed William "Bill" Collins to senior vice president global operations.
  • Acacia Communications, Inc. ACIA shares climbed 11.1 percent to $113.29 after the company raised its guidance for the third quarter and filed a 4.5 million share offering.
  • Jones Energy Inc JONE surged 10.8 percent to $4.32. Stifel Nicolaus upgraded Jones Energy from Hold to Buy and raised the price target from $3.00 to $6.00.
  • KBR, Inc. KBR rose 7.5 percent to $15.15. Johnson Rice upgraded KBR from Hold to Accumulate.
  • Anavex Life Sciences Corp. AVXL gained 6.5 percent to $3.91 following announcement of a collaboration on Alzheimer's and Parkinson clinical development programs.
  • Texas Capital Bancshares Inc TCBI shares rose 5.1 percent to $58.46. Texas Capital Bancshares is expected to release Q3 results on October 20, 2016.
  • Twitter Inc TWTR shares rose 4.6 percent to $24.59. The Wall Street Journal reported Tuesday evening that Twitter is expected to receive a buyout offer from salesforce.com, inc. CRM.
  • Endurance Specialty Holdings Ltd. ENH rose 4.5 percent to $ 91.78. Sompo Holdings agreed to acquire Endurance Specialty Holdings for $93 per share in cash.
  • TeamHealth Holdings Inc TMH shares gained 3.7 percent to $39.63. Team Health is said to be exploring a potential sale to a private-equity firm, according to sources as reported by the Wall Street Journal.
  • Parker-Hannifin Corp PH rose 3.3 percent to $127.80. Stifel Nicolaus upgraded Parker-Hannifin from Hold to Buy.
  • Eni SpA (ADR) E gained 2.8 percent to $29.74. Deutsche Bank upgraded Eni from Hold to Buy.
  • Global Payments Inc GPN rose 2.5 percent to $78.34 after the company reported better than expected earnings for the first quarter and boosted its EPS forecast for the fiscal year 2017.
  • State Street Corp STT shares gained 2.4 percent to $73.04. Keefe Bruyette & Woods upgraded State Street from Underperform to Market Perform.
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Posted In: NewsIntraday UpdateMarketsMoversTop Gainers
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