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GILD   66.70 (-2.14%)
S&P 500   3,849.62 (-0.15%)
DOW   30,937.04 (-0.07%)
QQQ   328.59 (+0.15%)
AAPL   143.16 (+0.17%)
MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
GILD   66.70 (-2.14%)
S&P 500   3,849.62 (-0.15%)
DOW   30,937.04 (-0.07%)
QQQ   328.59 (+0.15%)
AAPL   143.16 (+0.17%)
MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
GILD   66.70 (-2.14%)
S&P 500   3,849.62 (-0.15%)
DOW   30,937.04 (-0.07%)
QQQ   328.59 (+0.15%)
AAPL   143.16 (+0.17%)
MSFT   232.33 (+1.22%)
FB   282.05 (+1.45%)
GOOGL   1,907.95 (+0.72%)
AMZN   3,326.13 (+0.98%)
TSLA   883.09 (+0.26%)
NVDA   537.41 (-1.60%)
BABA   265.92 (+1.74%)
CGC   35.52 (+7.93%)
GE   11.29 (+2.73%)
MU   79.51 (-2.18%)
AMD   94.71 (+0.62%)
NIO   60.31 (+0.53%)
T   29.75 (+2.20%)
F   11.19 (-0.89%)
ACB   10.67 (+5.02%)
BA   202.06 (-0.64%)
DIS   169.56 (-1.36%)
NFLX   561.93 (+0.92%)
GILD   66.70 (-2.14%)
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Acorda Therapeutics (NASDAQ:ACOR) Upgraded by Zacks Investment Research to Buy

Last updated on Monday, January 18, 2021 | 2021 MarketBeat

Acorda Therapeutics (NASDAQ:ACOR) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a note issued to investors on Monday, Zacks.com reports. The firm currently has a $7.25 target price on the biopharmaceutical company's stock. Zacks Investment Research's target price points to a potential upside of 8.21% from the company's previous close.

According to Zacks, "Acorda Therapeutics, Inc. is a biotechnology company developing and commercializing neurology therapies for Parkinson's disease, migraine and multiple sclerosis. Acorda has a pipeline of novel neurological therapies addressing a range of disorders, including Parkinson's disease and multiple sclerosis. Acorda markets three FDA-approved therapies, including AMPYRA® (dalfampridine) Extended Release Tablets, 10 mg. "

Separately, Cowen lifted their price target on shares of Acorda Therapeutics from $5.00 to $35.00 in a research note on Wednesday, January 13th.

Shares of Acorda Therapeutics stock traded up $0.33 during trading hours on Monday, reaching $6.70. 60,475 shares of the company were exchanged, compared to its average volume of 4,368,400. The firm has a market cap of $53.57 million, a PE ratio of 1.21 and a beta of 0.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.88 and a current ratio of 1.09. Acorda Therapeutics has a 1 year low of $2.53 and a 1 year high of $15.30. The stock's fifty day moving average is $4.14 and its 200 day moving average is $4.11.

Acorda Therapeutics (NASDAQ:ACOR) last issued its quarterly earnings results on Sunday, November 8th. The biopharmaceutical company reported ($1.38) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($2.82) by $1.44. The company had revenue of $53.09 million for the quarter, compared to the consensus estimate of $29.39 million. Acorda Therapeutics had a negative return on equity of 8.60% and a net margin of 29.71%. Research analysts expect that Acorda Therapeutics will post -10.5 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of ACOR. First Trust Advisors LP purchased a new position in shares of Acorda Therapeutics during the 1st quarter valued at $315,000. Bank of America Corp DE lifted its position in Acorda Therapeutics by 405.9% during the second quarter. Bank of America Corp DE now owns 69,718 shares of the biopharmaceutical company's stock worth $51,000 after buying an additional 55,936 shares in the last quarter. Jane Street Group LLC acquired a new position in Acorda Therapeutics during the second quarter worth $191,000. AQR Capital Management LLC grew its holdings in Acorda Therapeutics by 8.9% in the 2nd quarter. AQR Capital Management LLC now owns 961,460 shares of the biopharmaceutical company's stock valued at $706,000 after buying an additional 78,207 shares in the last quarter. Finally, Bridgeway Capital Management Inc. increased its stake in shares of Acorda Therapeutics by 81.5% in the 2nd quarter. Bridgeway Capital Management Inc. now owns 345,106 shares of the biopharmaceutical company's stock worth $254,000 after acquiring an additional 155,000 shares during the last quarter.

Acorda Therapeutics Company Profile

Acorda Therapeutics, Inc, a biopharmaceutical company, develops and commercializes therapies for neurological disorders in the United States. The company markets Ampyra (dalfampridine), an oral drug to improve walking in patients with multiple sclerosis (MS); and Selincro, an orally administered drug for the treatment of alcohol dependence in Europe.

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7 Cloud Computing Stocks to Lift Your Portfolio to New Heights

Cloud computing sounds complicated, and it has become more sophisticated as it evolves. However, the basic idea behind the cloud is the same. The “cloud” is a euphemistic term for the delivery of different services via the internet. In its early days, the cloud was used exclusively for data storage. Here’s an easy example of why this was important.

Back when the internet was cutting its teeth, I worked in marketing communications. The need to comply with Total Quality Control Systems (TQCS) for our largest clients meant we had to save every version of our files. Every. Single. One. Now imagine that you’re producing a 120-page product catalog complete with photos and charts. Your hard drive is burning up just thinking about it. Yet that “data” had to be stored somewhere. And so we had a virtual server farm to try to warehouse all these graphic intensive (and memory sucking) files until we could archive them.

Other than the storage nightmare, consider that it was a pain to work remotely. You could copy a file from the server, but then were you working on the right file? I’m sure at least one person is reading this who remembers this pain.

The cloud takes that away. Cloud computing allows you to store files on a secure, remote server that everyone can access anywhere they have an internet connection. But it’s become so much more than that. Cloud computing now gives businesses a platform from which they can create applications and software. If that sounds confusing, I hope to simplify it in this presentation. To help you understand which cloud computing stocks, you may want to add to your portfolio, and we’ve created this special presentation. These are seven of the cloud computing stocks that will continue to grow with the sector.

View the "7 Cloud Computing Stocks to Lift Your Portfolio to New Heights".

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