Stocks making the biggest moves midday: Uber, AMD, Kodiak Sciences & more

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Check out the companies making headlines in midday trading.

— Shares of Kodiak Sciences rose 9.4% after J.P. Morgan initiated coverage of the stock with an overweight rating.

The analyst cited positive development data from a new drug that could be used to treat multiple eye diseases that can cause vision loss as a reason for confidence in the stock. J.P. Morgan also gave a target price of $82 per share, a 24% premium from where shares closed on Monday.

 

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