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Stock Market & Financial Investment News

News Breaks
December 24, 2012
10:52 EDTMDVNMedivation spikes lower after court case loss, levels to watch
The stock is down over 4.7% at time of writing following new that the summary ruling that denied the company rights to Aragon's ARN-509. Next support is at $48.67. Resistance is at $50.10.
News For MDVN From The Last 14 Days
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June 23, 2015
08:03 EDTMDVNMedivation lowered expectations skews risk/reward to upside, says UBS
UBS noted Medivation shares have been weak since ASCO but believes the risk reward has been skewed to the upside. The firm said its thesis is different from consensus as they believe the company's pipeline advancement this year could drive multiple expansion if Xtandi sales can at least remain flat. UBS reiterated its Buy rating and $142 price target on Medivation shares.

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