🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Today's most important initiations

Published 02/22/2023, 07:40 AM
© Reuters.
ALV
-
ALNY
-
RIOT
-
BMRN
-
MANH
-
GRTX
-
MAIA
-
TXO
-

By Davit Kirakosyan

EF Hutton initiated coverage on Alnylam Pharmaceuticals (NASDAQ:ALNY) with a Buy rating and a price target of $304.00.

The company announced that the U.S. Food and Drug Administration (FDA) has accepted for filing its supplemental New Drug Application (sNDA) for patisiran, an investigational RNAi therapeutic in development for the treatment of the cardiomyopathy of transthyretin-mediated (ATTR) amyloidosis.

Shares closed more than 10% lower today.

BofA Securities initiated coverage on Autoliv (NYSE:ALV) with a Buy rating and a price target of $130.00.

“Compared to its high watermark of $7.9/sh (FY17), we see c50/61% EPS growth by FY25/26E, 70% driven by organic profit growth and 30% by a $1.5bn share buy-back program,” said the firm.

Citi initiated coverage on BioMarin Pharmaceutical (NASDAQ:BMRN) with a Neutral rating and a price target of $116.00.

D.A. Davidson initiated coverage on Manhattan Associates (NASDAQ:MANH) with a Neutral rating and a price target of $145.00.

Needham & Company initiated coverage on Riot Platforms (NASDAQ:RIOT) with a Buy rating and a price target of $9.00. Shares fell more than 5% today.

Stifel initiated coverage on TXO Energy Partners (NYSE:TXO) with a Buy rating and a price target of $31.00.

Piper Sandler initiated coverage on Galera Therapeutics (NASDAQ:GRTX) with an Overweight rating and a price target of $6.00. Shares gained 9% today.

Noble Capital initiated coverage on MAIA Biotechnology (NYSE:MAIA) with an Outperform rating and a price target of $14.00.

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.