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Depomed Poised for a Run

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September 10, 2008 |Comments: 0
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DEPO | CVS

Depomed, Inc. (DEPO) has risen more than 32% in the last three months to trade near its 52-week high of $4.52. Its deal with CVS Caremark (CVS) can help in expanding distribution of diabetes drug Glumzeta. The Zacks #1 (Strong Buy) company already has two successful drugs in the market, and looks attractive to shareholders at its current price. Analysts expect a loss of $0.50 per share in 2008, less than their prior forecast of $0.89.

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Read the full analyst report on CVS

 

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Market Summary Feb 10, 2012 13:31 pm ET
DJIA 12756.96  -133.50 -1.04%
NASD 2901.39  -25.84 -0.88%
S&P 500 1339.11  -12.84 -0.95%
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