Market Overview

Benzinga's Top Analyst Calls From April 10, 2018

Share:
  • Maxim raises BeiGene Ltd (NASDAQ: BGNE) price target from $160 to $200; Says the company continues to advance its clinical pipeline with multiple catalysts ahead and a strong balance sheet with runway well into 2020.
  • B. Riley out defending Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI), expects shares to rebound as poziotinib represents 'a potential exciting new treatment for NSCLC patients'; Believes Spectrum is moving towards a U.S. breakthrough therapy filing.
  • Morgan Stanley raises Seagate Technology PLC (NASDAQ: STC) price target from $51 to $72 implying 28 percent upside. Says market is “underappreciating the money behind the growth in data storage.”
  • Goldman Sachs downgrades Cognex Corporation (NASDAQ: CGNX), says 2018 is a “transition year” for the company and opex growth will put pressure on margins.
  • Morgan Stanley upgrades NVIDIA Corporation (NASDAQ: NVDA) from Equal-Weight to Overweight; Says data era now “Investable”and machine learning inference will be a “very important” market.
  • Raymond James raises Netflix, Inc. (NASDAQ: NFLX) price target from $290 to $330. While presence of the World Cup may affect Q2 guidance, firm says the company’s “core thesis” remains intact due to global market share gains, pricing power and margin expansion.
  • Deutsche Bank maintains Buy rating on Philip Morris International (NYSE: PM); “Potentially heightened cash returns will form part of management's agenda in our view."

See Also:

Benzinga's Top Upgrades, Downgrades For April 10, 2018

7 Biggest Price Target Changes For Tuesday

 

Related Articles (CGNX + BGNE)

View Comments and Join the Discussion!

Posted-In: Analyst Color Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
SPOTRosenblattMaintains390.0
TELLWolfe ResearchUpgrades5.0
SRGuggenheimUpgrades72.0
SLFCanaccord GenuityUpgrades66.0
SEDGMorgan StanleyInitiates Coverage On354.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com