Movers Roundup: WNS Holdings, Eli Lilly
Among the stock activity stories for Monday, Aug. 10, from AP Financial News:
NEW YORK (AP) Shares of WNS Holdings Ltd. dropped after an analyst downgraded the company's stock, citing a run-up in the price following the company's confirmation there are interested parties seeking a controlling stake in its business. NEW YORK (AP) Shares of Eli Lilly & Co. fell after a Goldman Sachs analyst cut her rating on the drug developer to "Sell," citing the outlook for dwindling revenue and more spending to rebuild the product pipeline. NEW YORK (AP) Shares of medical device maker Endologix Inc. declined after a Piper Jaffray analyst started covering the company with a "Neutral" rating. NEW YORK (AP) Shares of SandRidge Energy Inc. rose as analysts raised their price targets for the company, citing restored liquidity, 2010 growth and stronger gas prices. PHILADELPHIA (AP) Shares of Nuance Communications Inc. rose after an analyst upgraded the stock due to improving growth prospects for its speech recognition technology in the mobile phone and other markets.- Loading Comments...
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