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Premarket analyst action - healthcare

Published 03/09/2018, 08:12 AM
Updated 03/09/2018, 08:12 AM
© Reuters.  Premarket analyst action - healthcare
  • Endocyte (NASDAQ:ECYT) initiated with Outperform rating and $20 (150% upside) price target at Wells Fargo (NYSE:WFC). Shares up 4% premarket on modest volume.
  • Corcept Therapeutics (NASDAQ:CORT) initiated with Buy rating and $30 (83% upside) price target at B. Riley FBR.
  • Masimo (NASDAQ:MASI) initiated with Overweight rating and $97 (12% upside) price target at Barclays (LON:BARC). Shares are up a fraction premarket.
  • Myomo (NYSEMKT:MYO) initiated with Buy rating and $9 (117% upside) price target at ROTH Capital. Shares up 5% premarket on light volume.
  • Ovid Therapeutics (NASDAQ:OVID) initiated with Overweight rating and $20 (150% upside) price target at Piper Jaffray.
  • Proteostasis Therapeutics (NYSE:PTI) initiated with Outperform rating and $11 (205% upside) price target at RBC Capital Markets. Shares up 8% premarket on light volume.
  • Rocket Pharmaceuticals (NASDAQ:RCKT) initiated with Outperform rating at Cowen and Co.
  • Concert Pharmaceuticals (NASDAQ:CNCE) upgraded to Buy with a $27 (23% upside) price target at Mizuho Securities.
  • Cytori Therapeutics (NASDAQ:CYTX) upgraded to Buy at B.Riley FBR. Shares up 9% premarket on modest volume.
  • Express Scripts (NASDAQ:ESRX) upgraded to Market Perform with an $80 (flat) price target at Well Fargo. Shares up 1% premarket on light volume.
  • Vascular Biogenics (NASDAQ:VBLT) downgraded to Neutral with a $3 (13% upside) price target at Chardan. Shares up 2% premarket on light volume.
  • Anthem (NASDAQ:ANTH) price target raised to a Street-high $335 (46% upside) at Leerink.
  • Dicerna Pharmaceuticals (NASDAQ:DRNA) price target raised to a Street-high $17 (26% upside) at Stifel.
  • Mallinckrodt (NYSE:MNK) price target cut to $16 (flat) at Mizuho citing continued pressure.
  • Now read: CIGNA (CI) To Acquire Express Scripts - M&A Slideshow
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