Dell Inc, Medivation and Coach Score New 52-Week Highs as Facebook Sets IPO

Dell Inc. (NASDAQ:DELL): On Jan. 18th, Greenlight Capital disclosed a new long position in Dell (NASDAQ:DELL), Bloomberg reports, citing the hedge fund’s letter to investors. The shares closed at $17.40, up $0.17 or 0.99% on the day. They have traded in a 52-week range of $13.29 to $17.60.

Medivation (NASDAQ:MDVN): Wedbush raised its estimates and price target for Medivation after the company reported positive AFFIRM results. The firm believes the results confirm MDV3100’s promise as a treatment for prostate cancer and keeps an Outperform rating on the stock. The shares closed at $67.57, up $12.16 or 21.95% on the day. They have traded in a 52-week range of $14.23 to $56.87.

Coach (NYSE:COH): An analyst at International Strategy & Investment Group sees the shares rising as high as $80 over the next year. The shares closed at $70.60, up $0.55 or 0.79% on the day. They have traded in a 52-week range of $45.70 to $70.16.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com