-
Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares
fell 7 percent to reach a new 52-week low of $13.13. Morgan Stanley downgraded Valeant from Overweight to Equal-Weight and
lowered the price target from $25.00 to $17.00.
-
Sears Holdings Corp (NASDAQ: SHLD) shares reached
a new 52-week low of $10.24. Sears shares have dropped 49.45 percent over the past 52 weeks, while the S&P 500 index has
gained 10.27 percent in the same period.
-
Merus Labs International Inc (USA) (NASDAQ: MSLI)
shares fell 10.7 percent to touch a new 52-week low of $0.750. On Wednesday, Merus Labs posted Q4 adjusted EBITDA of $11.6
million and gross basis revenue of $34.3 million. CIBC downgraded Merus Labs from Outperform to Neutral.
-
Amira Nature Foods Ltd (NYSE: ANFI) shares touched
a new 52-week low of $6.13. Amira Nature Foods shares have declined 21.76 percent over the past 52 weeks, while the S&P 500
index has gained 10.27 percent in the same period.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.