April 14, 2016

Piper Jaffray Upgraded Baxter International Inc. (BAX)


Baxter International Inc. (NYSE:BAX) was upgraded by Piper Jaffray from a “neutral” rating to an “overweight” rating in a report released on Thursday, The Fly reports.

Several institutional investors have added to or reduced their stakes in the company. CIBC World Markets boosted its position in Baxter International by 21.5% in the fourth quarter. CIBC World Markets now owns 7,766 shares of the company’s stock worth $296,000 after buying an additional 1,372 shares in the last quarter. Capital City Trust Company boosted its position in shares of Baxter International by 44.2% in the fourth quarter. Capital City Trust Company now owns 10,638 shares of the company’s stock worth $406,000 after buying an additional 3,263 shares during the period. HL Financial Services LLC boosted its position in shares of Baxter International by 21.6% in the fourth quarter. HL Financial Services LLC now owns 10,789 shares of the company’s stock worth $412,000 after buying an additional 1,915 shares during the period. Everence Capital Management Inc. boosted its position in shares of Baxter International by 38.5% in the fourth quarter. Everence Capital Management Inc. now owns 20,077 shares of the company’s stock worth $766,000 after buying an additional 5,586 shares during the period. Finally, Gofen & Glossberg LLC IL boosted its position in shares of Baxter International by 18.9% in the fourth quarter. Gofen & Glossberg LLC IL now owns 15,391 shares of the company’s stock worth $1,128,000 after buying an additional 2,444 shares during the period.


Source:  Washington News Wire