Analyst Rating In Review: Endo Pharmaceuticals Bid Up 8.6% Since Downgraded 7 Days Ago (ENDP)

Published on Thu, 02/07/2013 - 10:09
By Robert Cotter in Analyst reflections, ENDP, analyst reflections, endo pharmaceuticals, nasdaq:endp

A week ago, Oppenheimer downgraded Endo Pharmaceuticals from Outperform to Perform. The stock closed at $30.66, which is 8.6% higher than the price one week ago ($28.23).

In the past 52 weeks, shares of Endo Pharmaceuticals have traded between a low of $25.00 and a high of $44.53 and are now at $30.40, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

There is potential upside of 9.6% for shares of Endo Pharmaceuticals based on a current price of $30.40 and an average consensus analyst price target of $33.31. The stock should find initial support at its 200-day moving average (MA) of $30.27 and further support at its 50-day MA of $27.56.

Endo Pharmaceuticals Holdings Inc. is a specialty pharmaceutical company with products that provide pain management. The Company researches, develops, produces, and markets both branded and generic pharmaceuticals. Endo's products include Percocet, Percodan, and Lidoderm.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Exide Technologies Fall to a N...

Exide Technologies (NASDAQ:XIDE) traded at a new 52-week low today of $0.39. So far to ...

MEMC Electronic Materials Looks to Conti...

MEMC Electronic Materials (NYSE:WFR) traded today at a new 52-week high of $7.52. Appr ...

Shares of Wendy's/Arby's Group Rise to a...

Shares of Wendy's/Arby's Group (NASDAQ:WEN) traded at a new 52-week high today of $6.23 ...

Valeant Pharmaceuticals International: T...

Valeant Pharmaceuticals International (NYSE:VRX) traded today at a new 52-week high of ...

Shares of Vanda Pharmaceuticals Rise to ...

Vanda Pharmaceuticals (NASDAQ:VNDA) traded at a new 52-week high today of $8.60. Appro ...

TeleNav: The Losing Streak Continues (TN...

TeleNav (NASDAQ:TNAV) traded at a new 52-week low today of $4.91. So far today approxi ...

Stewart Enterprises Looks to Continue to...

Shares of Stewart Enterprises (NASDAQ:STEI) traded today at $9.83, breaking its 52-week ...

Shares of Semiconductor Manufacturing Ri...

Semiconductor Manufacturing (NYSE:SMI) traded at a new 52-week high today of $4.41. So ...