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

Today's most important initiations

Published 05/01/2023, 22:28
© Reuters.
AZN
-
MAN
-
KRTX
-
FRGE
-
RSVR
-

By Davit Kirakosyan

Piper Sandler initiated coverage on Karuna Therapeutics (NASDAQ:KRTX) with an Overweight rating and a price target of $285.00. The firm believes the company’s KarXT is poised to emerge as a valued and versatile option in a schizophrenia space that has been starved for mechanistically unique options, and further believes that peak U.S. sales approaching $3B+ are realistic.

BMO Capital initiated coverage on AstraZeneca (NASDAQ:AZN) with an Outperform rating and a price target of $82.00.

B. Riley initiated coverage on Reservoir Media Inc (NASDAQ:RSVR) with a Buy rating and a price target of $11.00. The company owns or administers over 175k publishing and recorded music copyrights, providing investors with exposure to royalties tied to irreplaceable, long-lived IP that the analysts expect to post mid-/high-single-digit organic growth.

Exane BNP Paribas initiated coverage on ManpowerGroup Inc (NYSE:MAN) with an Outperform rating and a price target of $95.00.

JPMorgan initiated coverage on Forge Global Holdings Inc (NYSE:FRGE) with a Neutral rating.

Want to get this news first? Upgrade to InvestingPro for real-time market coverage.

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.