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Morgan Stanley sees 23% upside in Galapagos in premarket analyst action

  • Adamas Pharmaceuticals (NASDAQ:ADMS) initiated with Neutral rating and $8 (50% upside) price target at Cantor Fitzgerald.
  • Covetrus (NASDAQ:CVET) initiated with Sell rating and $11 (18% downside risk) price target at Goldman Sachs. Shares down 3% premarket.
  • Galapagos NV (NASDAQ:GLPG) resumed with Overweight rating and $200 (23% upside) price target at Morgan Stanley. Shares down 1% premarket.
  • IDEXX Laboratories (NASDAQ:IDXX) initiated with Neutral rating and $277 (4% downside risk) price target at Goldman.
  • Rezolute (OTCQB:RZLT) initiated with Buy rating and $0.38 (107% upside) price target at Canaccord Genuity.
  • Spero Therapeutics (NASDAQ:SPRO) initiated with Buy rating and $27 (170% upside) price target at Janney Montgomery Scott.
  • ResTORbio (NASDAQ:TORC) initiated with Overweight rating and $23 (134% upside) price target at Cantor.
  • HealthEquity (NASDAQ:HQY) upgraded to Strong Buy with an $80 (44% upside) price target at Raymond James. Shares up 3% premarket.
  • Mirati Therapeutics (NASDAQ:MRTX) upgraded to Buy with a $105 (20% upside) price target at Jefferies. Shares down 3% premarket.
  • WellCare Health Plans (NYSE:WCG) downgraded to Equal Weight with a $317 (18% upside) price target at Stephens.

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