5 Top Performers for the Past Week

Eli Lilly & Co. (NYSE: LLY) was climbing this week due to its study results in ixekizumab. The candidate showed that it met all primary and secondary objectives in its study. Later on in the week, the company also announced that it would host a webcast on June 23 to discuss further implications of a Phase 3 trial. Over the course of the week, shares gained 7.6% from the June 5 close ($78.12). Shares of Eli Lilly were are $84.21 on Friday’s close. The stock has a consensus analyst price target of $79.71 and a 52-week trading range of $58.50 to $87.24.

Noble Energy Inc. (NYSE: NBL) received a favorable upgrade this week from Nomura that it rode out for a couple of days. The company was raised by the firm to a Neutral rating from Reduce with a $48 price target (versus a $44.69 close). Over the course of the week, shares gained 3.4% from the end of last week ($44.59). Noble shares were at $46.37 on Friday’s close, in a 52-week trading range of $41.01 to $79.63. The stock has a consensus price target of $54.15.

ALSO READ: 10 Stocks to Own for the Next Decade

Citrix Systems Inc. (NASDAQ: CTXS) is under pressure from activist investors. Elliot Management is petitioning the Citrix board of directors to make some changes within the company. The endgame is to have a strong return for shareholders in the near future. Sure enough, stockholders liked what Elliot had to say. Over the course of the week shares gained 8.5% (from $66.29). Shares of Citrix closed Friday are $71.91. The consensus analyst price target is $68.23, and the 52-week trading range is $56.47 to $72.89.

Netflix Inc. (NASDAQ: NFLX) has benefited from incredibly positive trends in the online streaming business, and this is backed up by some solid statistics. According to Leichtman Research Group, some 56% of all U.S. households have at least one Internet-connected TV in the house. Nearly 30% have more than one connected TV. Leichtman also noted other findings:

• 52% of all households subscribe to a streaming video on demand service like Netflix, Amazon Prime or Hulu Plus.
• 50% of non-subscribers to pay TV do subscribe to Netflix, while 43% of pay-TV subscribers also pay for a Netflix subscription.

Over the course of the week, shares gained 4.3% from the June 5 close ($633.22). Shares ended the week at $660.93, in a 52-week range of $315.54 to $692.79. The consensus price target is $596.05.

ALSO READ: How to Protect Yourself From a Summer Stock Market Correction

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) has been a story of getting back to even. There was a huge drop off in May, when shares plunged from $168 all the way to $155. Over the course of this past week, shares gained 6% from the end of last week ($160.26). Shares of Alexion closed at $169.04 on Friday. The consensus price target is $218.53. The 52-week trading range is $150.06 to $203.30.