52-Week high Stocks – PFE, MRK, SYMC

Pfizer Inc. (NYSE:PFE) hits a new 52-week high at $19.12 in today’s morning trade. Currently the stock is trading at $19.07, up 1.60%. The company has entered into an agreement in which Virbac SAwill acquire certain veterinary products and related assets, including a manufacturing facility, in Australia. Virbac SA will acquire rights to a portfolio of livestock products historically marketed in Australia by Fort Dodge Animal Health for use in farm animals, primarily cattle and sheep. The portfolio includes parasiticides (80% of sales) and vaccines (20%) that achieved net sales of approximately AUD 36 million in 2009.

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Merck & Co., Inc. (NYSE:MRK) soared 4.13% to $39.11. Today the stock touched a new 52 week high at $39.29 after Credit Suisse analyst Catherine Arnold lifted her rating on the stock to outperform from neutral and boosted the target price on its stock to $47 from $35. Merck & Co., Inc. (Merck) is a global research-driven pharmaceutical company that discovers, develops, manufactures and markets a range of products to improve human and animal health. The Company’s operations are principally managed on a products basis and consist of two business segments. The Pharmaceutical segment includes human health pharmaceutical products marketed either directly or through joint ventures.

Symantec Corporation (NASDAQ:SYMC) was another stock which made a new 52 week high of $18.86 and now trades at $18.71 at  1.30% Wells Fargo upgrades the stock from Market Perform to Outperform. Valuation range increased to $22-24 from $16-19. Symantec Corporation (Symantec) provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. The Company conducts its business in three geographic regions: Americas, which includes United States, Canada, and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific Japan (APJ).

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