Medivation was upgraded to hold from sell by TheStreet Ratings on Tuesday. TheStreet Ratings gives Medivation a C grade. The stock closed Friday at $82.99 and has risen 79.77% year to date.
The divestiture is part of the company's drive to become a fully regulated utility and reduce business risks.
David Einhorn's Greenlight Capital initiated positions in these stocks in the second quarter. Here's a technical look at how to trade them now.