Market Overview

Stocks Hitting 52-Week Highs

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Teleflex Incorporated (NYSE: TFX) shares rose 1.46% to reach a new 52-week high of $121.92. Barclays upgraded Teleflex from Equalweight to Overweight and raised the price target from $121.00 to $145.00.

Polypore International Inc. (NYSE: PPO) shares climbed 12.45% to touch a new 52-week high of $59.54. Asahi Kasei Corporation agreed to acquire Polypore for $60.50 per share in cash. Polypore also announced the sale of its media business to 3M Company (NYSE: MMM) for $1 billion.

Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares reached a new 52-week high of $199.19 after the company agreed to acquire Salix Pharmaceuticals for around $10 billion.

Dish Network Corp. (NASDAQ: DISH) shares touched a new 52-week high of $79.76 after the company reported a rise in its earnings for the fourth quarter.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers

 

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