CoBiz Financial Inc. (COBZ) Forms $19.46 Double Top; 5 Analysts Are Bullish Akorn, Inc. (AKRX) Last Week

Among 16 analysts covering Akorn Inc (NASDAQ:AKRX), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Akorn Inc had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Friday, November 4 by RBC Capital Markets. Susquehanna maintained Akorn, Inc. (NASDAQ:AKRX) on Wednesday, March 23 with “Neutral” rating. Piper Jaffray maintained Akorn, Inc. (NASDAQ:AKRX) rating on Friday, October 20. Piper Jaffray has “Hold” rating and $34.0 target. RBC Capital Markets maintained Akorn, Inc. (NASDAQ:AKRX) rating on Sunday, November 5. RBC Capital Markets has “Hold” rating and $34.0 target. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 12 report. JMP Securities initiated the stock with “Market Perform” rating in Wednesday, September 9 report. The firm has “Hold” rating given on Tuesday, June 27 by RBC Capital Markets. The stock has “Buy” rating by Nomura on Wednesday, December 2. Jefferies maintained Akorn, Inc. (NASDAQ:AKRX) on Tuesday, September 5 with “Hold” rating. RBC Capital Markets maintained it with “Hold” rating and $34.0 target in Friday, September 1 report. See Akorn, Inc. (NASDAQ:AKRX) latest ratings:

05/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $34.0 Maintain
27/10/2017 Broker: Jefferies Rating: Hold New Target: $34.0 Maintain
20/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain
02/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $34.0 Maintain
15/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain
05/09/2017 Broker: Jefferies Rating: Hold New Target: $34.0 Maintain
01/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $34.0 Maintain
29/08/2017 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain

CoBiz Financial Inc. (COBZ) formed double top with $21.02 target or 8.00% above today’s $19.46 share price. CoBiz Financial Inc. (COBZ) has $814.34 million valuation. The stock decreased 1.57% or $0.31 during the last trading session, reaching $19.46. About 85,012 shares traded. CoBiz Financial Inc. (NASDAQ:COBZ) has risen 31.61% since February 21, 2017 and is uptrending. It has outperformed by 14.91% the S&P500.

Akorn, Inc., a specialty generic pharmaceutical company, develops, makes, and markets specialized generic and branded pharmaceuticals, over-the-counter drug products, and animal health products in the United States and internationally. The company has market cap of $3.95 billion. The firm operates in two divisions, Prescription Pharmaceuticals and Consumer Health. It has a 53.91 P/E ratio. The Prescription Pharmaceuticals segment offers generic and branded prescription pharmaceuticals in various dosage forms, including sterile ophthalmics, injectables, and inhalants; and non-sterile oral liquids, topicals, nasal sprays, and otics.

The stock decreased 0.82% or $0.26 during the last trading session, reaching $31.59. About 480,238 shares traded. Akorn, Inc. (NASDAQ:AKRX) has risen 12.04% since February 21, 2017 and is uptrending. It has underperformed by 4.66% the S&P500.

Analysts await CoBiz Financial Inc. (NASDAQ:COBZ) to report earnings on April, 26. They expect $0.29 EPS, up 45.00% or $0.09 from last year’s $0.2 per share. COBZ’s profit will be $12.14 million for 16.78 P/E if the $0.29 EPS becomes a reality. After $0.25 actual EPS reported by CoBiz Financial Inc. for the previous quarter, Wall Street now forecasts 16.00% EPS growth.

Since October 23, 2017, it had 0 buys, and 7 insider sales for $944,926 activity. Page Scott also sold $110,598 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Monday, October 23. OSTERTAG ROBERT also sold $358,978 worth of CoBiz Financial Inc. (NASDAQ:COBZ) shares. $207,683 worth of CoBiz Financial Inc. (NASDAQ:COBZ) was sold by DALTON RICHARD J. The insider BANGERT STEVEN sold 5,000 shares worth $104,000. DUMLAO TROY sold 500 shares worth $10,405. Shares for $49,012 were sold by ANDRICH LYNE B. Huss Christopher S had sold 5,000 shares worth $104,250 on Monday, October 23.

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