Buzz Stocks: The Coca-Cola Co, LogMeIn Inc, and Recro Pharma Inc

Today's stocks to watch in the news include The Coca-Cola Co (NYSE:KO), LogMeIn Inc (NASDAQ:LOGM), and Recro Pharma Inc (NASDAQ:REPH)

Jul 27, 2016 at 10:07 AM
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U.S. stocks are up after a series of earnings reports, including wins for blue chips Apple Inc. (NASDAQ:AAPL) and Boeing Co (NYSE:BA). Among equities in focus today are fellow Dow component The Coca-Cola Co (NYSE:KO), cloud service stock LogMeIn Inc (NASDAQ:LOGM), and biotech Recro Pharma Inc (NASDAQ:REPH).

  • LOGM is up 20.2% at $83.82 -- and just off an all-time high of $86.40 -- after news that the cloud services provider will be merging with Citrix Systems, Inc.'s (NASDAQ:CTXS) GoTo unit, in an all-stock deal. Option bulls have been keen on LOGM, with its 50-day ISE/CBOE/PHLX call/put volume ratio of 1.19 sitting in the top one-third of its annual range. LogMeIn Inc shares received a series of price-target hikes today, ranging from $78 (Cowen and Company) to $100 (Piper Jaffray).

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