Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): Leerink said they spoke to an Aetna representative who stated that Questcor’s Acthar can currently be reimbursed across indications as a second tier drug. The firm said that the drug remains available to patients, can be reimbursed, and its vial trends continue to show meaningful growth. Leerink reiterates an Outperform rating on shares of Questcor and said they made no changes to their estimates.
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NEW GOLD INC. (AMEX:NGD): Canaccord raised New Gold Inc.’s price target to reflect the potential of the Blackwater Gold project. Shares are Buy rated.
Skyworks Solutions Inc. (NASDAQ:SWKS): Skyworks Solutions Inc.’s shares were defended at UBS and Raymond James.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL): After the company reported higher than expected fourth quarter revenue but lower than expected earnings per share, Argus increased their target on Cracker Barrel old Country Store, Inc. However, the firm expects the company’s fiscal year 2013 EPS to surpass consensus estimates. Argus believes that the Cracker Barrel can improve sales at their restaurants over the long-term and they maintain a Buy rating.
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