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Analysts are weighing in today on theme park operator SeaWorld Entertainment Inc (NYSE:SEAS), drug maker Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR), and blue chip General Electric Company (NYSE:GE). Here's a quick look at today's brokerage notes on SEAS, TKMR, and GE.
- SEAS is up 2.3% at $19.09, trimming its year-to-date deficit to 33.6%, after Credit Suisse initiated coverage with an "outperform" rating. Bullish brokerage notes are relatively rare for SeaWorld Entertainment Inc, with just two out of eight analysts offering up "buy" or better opinions. That's likely because the stock has underperformed the broader S&P 500 Index (SPX) by 42 percentage points during the past three months, and last week plummeted to a record low of $17.83 after offering gloomy financial guidance. As such, the stock's 14-day Relative Strength Index (RSI) fell to 19 -- in oversold territory -- suggesting a short-term bounce may have been in the cards.
- TKMR has advanced 13.6% to $20.43, after Leerink launched coverage with an "outperform" rating and $25 price target. Tekmira Pharmaceuticals Corporation has already added more than 59% in August, and has outpaced the SPX by more than 91 percentage points during the past month, thanks to optimism surrounding its experimental Ebola treatment. It's no surprise, then, to find most analysts already in the bullish camp. In fact, all five of the brokerage firms following TKMR offer up "buy" or better endorsements.
- GE is flirting with a 1.4% lead at $25.98, after Credit Suisse resumed coverage with an "outperform" rating and $30 price target -- representing territory not charted in six years. However, not everyone on the Street is so optimistic. On the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the equity's 10-day put/call volume ratio of 0.46 sits just 1 percentage point from a 12-month peak. In other words, option buyers have been picking up General Electric Company puts over calls at a near-annual-high clip during the past two weeks.