Analyst Update: LSB Industries, Advaxis, Everyday Health

Analysts adjusted their ratings and price targets on LSB Industries, Inc. (NYSE:LXU), Advaxis, Inc. (NASDAQ:ADXS), and Everyday Health Inc (NYSE:EVDY)

Josh Selway

Mar 2, 2016 at 2:40 PM

Analysts are weighing in on agricultural manufacturer LSB Industries, Inc. (NYSE:LXU), biotech Advaxis, Inc. (NASDAQ:ADXS), and health-and-wellness media stock Everyday Health Inc (NYSE:EVDY). Here's a quick roundup of today's brokerage notes on LXU, ADXS, and EVDY.

LXU has exploded for a 28.7% gain to trade at $9.11, after Feltl & Co. upgraded the stock to "buy." Although the shares have been rallying since the firm reported earnings Monday night -- and are on pace to close north of their 100-day moving average for the first time since last July -- they've still lost more than three-fourths of their value compared to a year ago. Short sellers are hoping this long-term trend prevails. Specifically, over 19% of LSB Industries, Inc.'s float is sold short, and it'd take these bears well over a week to buy back their bets, at LXU's average daily volumes.

ADXS is also booming today, picking up 26.6% at $7.46, on news that data on the company's lead drug will be presented at the American Association for Cancer Research (AACR) meeting. Only items "deemed to be of high scientific priority" are chosen for the "late-breaker" presentations, according to AACR's selection protocol. Meanwhile, H.C. Wainwright lowered its price target on the stock to $23 from $30. However, the brokerage kept Advaxis, Inc.'s flawless analyst record in tact; all six analysts covering the stock say it's a "strong buy."

EVDY rounds out the winners with a 20.7% lead at $5.63. The company's fourth-quarter earnings beat provided the catalyst -- while Cowen and Company called EVDY's guidance "better than some may have expected -- but Leerink remains unconvinced, lowering its price target by $3 to $12. On the charts, Everyday Health Inc has been dreadful, shedding nearly three-fifths of its value over the past 52 weeks. Short sellers think there are more losses ahead, though, with short interest jumping almost 8% during the most recent reporting period.

For other stocks in analysts' crosshairs, read Analyst Upgrades: Amazon.com, Inc., Ross Stores, Inc., and Yamana Gold Inc. and Analyst Downgrades: American Water Works Company Inc, Boeing Co, and Valeant Pharmaceuticals Intl Inc.

Follow @Schaeffers

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade. Professional traders have rushed into the market and are making a mint. Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.