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Notable 52-Week Highs and Lows of the Day 10/09: (LLY) (VRNG) (RPAI) High; (ALU) (ISIL) (HPQ) Low

October 9, 2012 1:56 PM EDT
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:
  • Eli Lilly (NYSE: LLY) high of $53.55. Lilly is a non-stop new 52-week high machine lately. Following new solanezumab issued Monday, Goldman upgraded shares to Neutral from sell, boosting its price target over 28 percent to $54. Click here for more.

  • Vringo, Inc. (AMEX: VRNG) high of $5.73. Vringo popped early in the session only to see a little bit of profit taking following a 20 percent run higher on Monday. Monday, Maxim Group boosted its price target on Vringo, while Vringo filed a lawsuit against ZTE Corp in the U.K.

  • Retail Properties of America, Inc. (NYSE: RPAI) high of $12.30. RPAI getting a boost today after announcing that it signed new leases at Southlake Town Square in Dallas, Texas.
52-Week Low:
  • Alcatel-Lucent, S.A. (NYSE: ALU) low of $0.93. Could be moving lower as peers Ericsson (NASDAQ: ERIC) and STMicroelectronics (NYSE: STM) said discussions were taking place with an advisor over the ST-Ericsson joint venture.

  • Intersil Corporation (Nasdaq: ISIL) low of $7.07. Intersil lower on preliminary third-quarter revs. Revenue for the third quarter of 2012 was approximately $151 million, a 19% decrease from $186.8 million in the third quarter of 2011, and a 7% decrease from $163.0 million in the second quarter of 2012. The Street is at $159.6 million.

  • Hewlett-Packard (NYSE: HPQ) low of $14.19. After the market closed Monday, Citigroup started coverage on H-P with a Sell rating. Shares fell about 1.6 percent to the new low today.


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