Notable 52-Week Highs and Lows of the Day 07/01: (P) (BBY) (TSLA) High; (CTIC) (DSS) (EZPW) Low
Pandora Media, Inc. (NYSE: P) $20.29. Pandora on the rise early as Morgan Stanley upgraded the stock from Equalweight to Overweight. Analyst Scott Devitt thinks the stock is the best pure-play as radio dollars shift to online channels. Distribution such as autos and other connected devices will help extend Pandora's competitive lead, he noted.
Best Buy (NYSE: BBY) $29.87. Credit Suisse resumed coverage on Best Buy with an Outperform rating and a modified price target of $40. Shares rose over 9 percent to the new high on Monday.
Tesla Motors, Inc. (Nasdaq: TSLA) $116.20. Tesla ramping today as Jefferies nearly doubled its price target from $70 to $130 today.
Dana Holding (NYSE: DAN) $20.35. RBC Capital raised its rating on Dana from Sector Perform to Outperform today. Shares have been strong since announcing a $1 billion buyback plan last week. Cell Therapeutics, Inc. (Nasdaq: CTIC) $0.975. Cell THerapeutics announced that the National Institute for Health and Care Excellence (NICE), a non-departmental public body of the Department of Health in the United Kingdom, issued a second draft guidance on the use of PIXUVRI (pixantrone) as a monotherapy for the treatment of adult patients with multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma (patients with aggressive B-cell NHL who failed 2 or 3 prior lines of therapy). The draft final appraisal document (FAD) does not recommend funding of pixantrone (PIXUVRI) by the UK's National Health Service (NHS).
Document Security Systems, Inc. (AMEX: DSS) $1.87. Document Security Systems closed its previously announced merger with Lexington Technology Group, Inc. (LTG), an intellectual property management firm that seeks to maximize the value of intellectual property and technology assets. DSS will continue to trade on the NYSE MKT under the symbol "DSS."
EZCORP, Inc. (Nasdaq: EZPW) $15.57. EZCORP slumped early as it lowered third-quarter expectations. The stock has melted higher throughout the session and is now up 0.4 percent.