Business Services Industry
Zacks Analyst Blog Highlights: United Airlines, Pinnacle Airlines, ExpressJet, Frontier Airlines and ACADIA Pharmaceuticals
Business Wire, August 11, 2006
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day, the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: United Airlines (Nasdaq:UAUA), Pinnacle Airlines (Nasdaq:PNCL), ExpressJet (NYSE:XJT), Frontier Airlines (Nasdaq:FRNT) and ACADIA Pharmaceuticals, Inc. (Nasdaq:ACAD).
See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673.
Here are highlights from Thursday's Analyst Blog:
Oil Prices Offset Terror Threat
The effect on the airline stocks I cover has been mixed. In midday trading, United Airlines (Nasdaq:UAUA) is flat, Pinnacle Airlines (Nasdaq:PNCL) is down 2.7%, while ExpressJet (NYSE:XJT) and Frontier Airlines (Nasdaq:FRNT) are up 5.4% and 4.6%, respectively.
I would guess that today's fall in oil prices has more than offset the shock of a terrorist threat. Don't forget the airlines are in much better shape than they were for 9-11. So any impact from terrorism will not be as gut-wrenching as the changes brought by 9-11.
ACADIA a Steal at $6
ACADIA Pharmaceuticals, Inc. (Nasdaq:ACAD) is a biopharmaceutical company utilizing innovative technology to fuel drug discovery and clinical development of novel treatments for central nervous system disorders. The company currently has five drug programs in clinical and preclinical development directed at large unmet medical needs and major commercial markets.
We are maintaining our Buy rating based on our optimistic stance on mid-stage products ACP-103 and ACP-104. We expect the next few months to be a catalyst-rich period for ACADIA. We believe the shares offer an attractive investment opportunity up to the $16 level.
See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645.
About Zacks Equity Research
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