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Premarket analyst action - healthcare

Published 12/13/2017, 08:52 AM
Updated 12/13/2017, 08:52 AM
© Reuters.  Premarket analyst action - healthcare
  • Charles River Laboratories (NYSE:CRL) initiated with Buy rating and $120 (14% upside) price target by Argus Research.
  • Catalent (NYSE:CTLT) initiated with Outperform rating and $46 (15% upside) price target by RBC Capital Markets.
  • MEDNAX (NYSE:MD) initiated with Overweight rating and $58 (12% upside) price target by Piper Jaffray.
  • Envision Healthcare (NYSE:EVHC) initiated with Neutral rating and $35 (5% upside) price target by Piper Jaffray.
  • Intercept Pharmaceuticals (NASDAQ:ICPT) and Vertex Pharmaceuticals (NASDAQ:VRTX) initiated with Strong Buy ratings by Deutsche Bank (DE:DBKGn).
  • Audentes Therapeutics (NASDAQ:BOLD) resumed with Overweight rating and $36 (31% upside) price target by Piper Jaffray.
  • DENTSPLY SIRONA (NASDAQ:XRAY) upgraded to Overweight by JPMorgan (NYSE:JPM).
  • Bluebird bio (NASDAQ:BLUE) downgraded to Hold with a $200 (5% upside) price target by Maxim Group.
  • Accelerate Diagnostics (NASDAQ:AXDX) downgraded to Neutral by BTIG Research.
  • Genomic Health (NASDAQ:GHDX) downgraded to Underweight with a $25 (17% downside risk) by JPMorgan citing soft U.S. invasive breast cancer market and slower-than-expected reimbursement rate.
  • Accuray (NASDAQ:ARAY) downgraded to Underweight by JPMorgan citing lack of consistency in quarterly earnings, competitive pressures and execution issues. $8 price target removed. Shares down 6% premarket on light volume.
  • Now read: Daily Insider Ratings Round Up 10/13/17: MNKD, AXDX, GLPW, PDF, UTG, CNBKA


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