Stocks Hitting 52-Week Highs

Peoples Federal Bancshares PEOP shares gained 8.31% to reach a new 52-week high of $19.67 after Independent Bank INDB announced its plans to acquire Peoples Federal Bancshares. Core-Mark Holding Company CORE shares surged 0.29% to touch a new 52-week high of $48.20. Core-Mark's board declared a quarterly cash dividend of $0.11 per share. Korea Electric Power KEP shares touched a new 52-week high of $21.16. Korea Electric Power's PEG ratio is 0.44. Zendesk ZEN shares rose 8.63% to reach a new 52-week high of $19.52 after the company reported a Q2 loss of $0.16 per share. Pacific Crest Securities raised the price target on the stock from $20.00 to $22.00.