Morning Alert: CytRx Corporation (NASDAQ:CYTR), Axovant Sciences Ltd. (NYSE:AXON), The Coca-Cola Company (NYSE:KO), ConocoPhillips (NYSE:COP), Owens-Illinois, Inc.

CytRx Corporation (NASDAQ:CYTR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday, MarketBeat.Comreports. The firm currently has a $3.00 price target on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 8.30% from the stock’s current price.

CytRx Corporation (NASDAQ:CYTR) belongs to Healthcare sector. Its weekly performance is -1.87%. On last trading day company shares ended up at $2.62. CytRx Corporation (NASDAQ:CYTR) distance from 50-day simple moving average (SMA50) is 2.16%.

Axovant Sciences Ltd. (NYSE:AXON) announced that the company will be presenting at the Cowen and Company 36th Annual Health Care Conference on March 8 at 9:20 a.m. EST.

Axovant Sciences Ltd. (NYSE:AXON) shares advanced 4.25% in last trading session and ended the day at $12.75. AXON return on assets is -47.50%. Axovant Sciences Ltd. (NYSE:AXON) quarterly performance is -23.42%.

On 21 Februay, The Coca-Cola Company (NYSE:KO) said Consumers are in for a new experience as Coca-Cola moves to harmonise products under one umbrella, offering consumers’ choice with more clarity.

The Coca-Cola Company (NYSE:KO) belongs to Consumer Goods sector. Its net profit margin is 16.60% and weekly performance is 0.97%. On last trading day company shares ended up at $43.91. The Coca-Cola Company (NYSE:KO) distance from 50-day simple moving average (SMA50) is 2.87%.

ConocoPhillips (NYSE:COP) said it is lowering its dividend to 25 cents per share from 74 cents per share. The dividend is payable on March 1 to shareholders of record on Feb. 16. The company also reduced its 2016 capital expenditures outlook and operating cost guidance.

ConocoPhillips (NYSE:COP) shares increased 0.12% in last trading session and ended the day at $32.96. COP Gross Margin is 33.80% and its return on assets is -4.00%. ConocoPhillips (NYSE:COP) quarterly performance is -37.24%.

On 9 February, Owens-Illinois, Inc. (NYSE:OI) reported its fourth-quarter 2015 adjusted earnings per share of 40 cents per share came in line with the Zacks Consensus Estimate and increased 25% year over year on a constant currency basis. Including one-time items, the company reported a loss per share of $1.25 in the quarter compared with a loss per share of $1.20 in the year-ago quarter. Shares of Owens-Illinois went up 4.47% in after-hours trading following the earnings results.

Owens-Illinois, Inc. (NYSE:OI) ended the last trading day at $15.34. Company weekly volatility is calculated as 5.84% and price to cash ratio as 9.15. Owens-Illinois, Inc. (NYSE:OI) showed a weekly performance of 8.03%.

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