Market Overview

Stocks Hitting 52-Week Highs


Solta Medical (NASDAQ: SLTM) shares jumped 39.47% to touch a new 52-week high of $2.92 after Valeant Pharmaceuticals (NYSE: VRX) agreed to acquire Solta Medical for $2.92 per share in cash.

LSI (NASDAQ: LSI) shares gained 38.69% to reach a new 52-week high of $10.97 after Avago Technologies (NASDAQ: AVGO) announced its plans to buy LSI for $6.6 billion.

Infosys (NYSE: INFY) shares touched a new 52-week high of $56.06. Infosys' PEG ratio is 1.47.

Exxon Mobil (NYSE: XOM) shares reached a new 52-week high of $98.675. Goldman Sachs upgraded Exxon Mobil from Neutral to Buy and lifted the price target from $96.00 to $109.00.


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