US Hot Stocks: LVS, TEVA, SUNH, JAZZ

Shares of Las Vegas Sands Corp. (NYSE: LVS) rose as much as 2% after Macau government's statistics showed that the world's largest gambling market, posted a 48.4 percent rise in July gambling revenue to 24.2 billion patacas ($3.01 billion).

Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) slumped more than 5% after the company announced that its Phase III clinical trial of its experimental multiple sclerosis pill Laquinimod failed to meet its primary endpoint.

Sun Healthcare Group Inc. (NASDAQ: SUNH) sank more than 53% Monday after the Centers for Medicare and Medicaid Services announced on Friday an 11.1% cut in fiscal 2012 payments.

Jazz Pharmaceuticals (NASDAQ: JAZZ) rallied more than 3% after Jefferies upgraded its rating on the company to Buy from Hold to Buy. The firm also raised its price target on the stock to $52 from $29.

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Talbots Spikes On Takeover Speculation

Shares of Talbots Inc. (NYSE: TLB) soared more than 11% on Monday on speculation that the company could be a takeover target. Private-equity firm Sycamore Partners, disclosed in a regulatory filing that it it bought 9.9% of the Talbots stock. Sycamore said that it believes Talbots stock is “undervalued and is an attractive investment.”  The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of women's apparel, accessories, and shoes in the United States and Canada. Stay tuned for more.

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Analyst Actions: AAPL, EMC, RENN, HERO, BRCM

Apple Inc. (NASDAQ: AAPL): Canaccord Genuity on Monday raised its price target on Apple to $515 from $510. The firm retained its Buy rating on the stock.

EMC Corporation (NYSE: EMC): Oppenheimer & Co. upgraded its rating on the company to Outperform from Perform with a new price target of $32.

Renren Inc (NYSE: RENN): Maxim Group this morning initiated coverage on the company with a Sell rating and a price target of $7.50.

Hercules Offshore (NASDAQ: HERO): Raymond James upgraded its rating on the company to Outperform from Underperform.

Broadcom Corp. (NASDAQ: BRCM): Pacific Crest on Monday initiated coverage on the company with an Outperform rating and a price target of $46.

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