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Birchview Capital LP Has Lifted Its Contrafect (CFRX) Stake; Twin Securities Boosted Akorn (AKRX) Holding By $39.49 Million

Twin Securities Inc increased Akorn Inc (AKRX) stake by 1208.8% reported in 2017Q3 SEC filing. Twin Securities Inc acquired 1.20 million shares as Akorn Inc (AKRX)’s stock rose 52.48%. The Twin Securities Inc holds 1.30 million shares with $43.01 million value, up from 99,000 last quarter. Akorn Inc now has $2.36 billion valuation. The stock increased 0.11% or $0.02 during the last trading session, reaching $18.8. About 49,353 shares traded. Akorn, Inc. (NASDAQ:AKRX) has risen 12.04% since March 21, 2017 and is uptrending. It has underperformed by 4.66% the S&P500.

Birchview Capital Lp increased Contrafect Corp (CFRX) stake by 56.55% reported in 2017Q3 SEC filing. Birchview Capital Lp acquired 410,000 shares as Contrafect Corp (CFRX)’s stock declined 41.86%. The Birchview Capital Lp holds 1.14M shares with $1.26M value, up from 725,082 last quarter. Contrafect Corp now has $140.68M valuation. The stock decreased 1.55% or $0.03 during the last trading session, reaching $1.91. About 934 shares traded. ContraFect Corporation (NASDAQ:CFRX) has declined 42.92% since March 21, 2017 and is downtrending. It has underperformed by 59.62% the S&P500.

Among 3 analysts covering ContraFect (NASDAQ:CFRX), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. ContraFect had 5 analyst reports since December 31, 2015 according to SRatingsIntel. On Tuesday, May 10 the stock rating was downgraded by Roth Capital to “Neutral”. The firm has “Outperform” rating by William Blair given on Wednesday, September 28. The firm has “Buy” rating given on Thursday, December 31 by Maxim Group. The stock of ContraFect Corporation (NASDAQ:CFRX) earned “Buy” rating by Maxim Group on Friday, July 22.

Among 16 analysts covering Akorn Inc (NASDAQ:AKRX), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Akorn Inc had 39 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Akorn, Inc. (NASDAQ:AKRX) has “Buy” rating given on Friday, March 18 by Deutsche Bank. The company was downgraded on Monday, November 7 by Bank of America. The rating was maintained by Jefferies on Friday, May 26 with “Hold”. Jefferies maintained Akorn, Inc. (NASDAQ:AKRX) rating on Friday, October 27. Jefferies has “Hold” rating and $34.0 target. Nomura upgraded Akorn, Inc. (NASDAQ:AKRX) on Wednesday, December 2 to “Buy” rating. Nomura initiated the shares of AKRX in report on Tuesday, September 29 with “Neutral” rating. The rating was maintained by Leerink Swann on Wednesday, March 16 with “Market Perform”. JP Morgan maintained the stock with “Overweight” rating in Monday, March 14 report. The rating was maintained by Jefferies on Monday, July 17 with “Hold”. As per Friday, May 26, the company rating was maintained by RBC Capital Markets.

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