BioNTech, CyberArk, Vertex Pharma and More Monday Afternoon Analyst Calls
24/7 Wall St. looks at some big analyst calls that we have seen so far on Monday, including Acceleron Pharma, BioNTech, CyberArk Software, Five9 and Vertex Pharmaceuticals.
With the trading day closing in on the halfway point, traders were feeling the heat as all the major indexes were ripping downward. The Dow Jones industrials were seeing the worst of it, down over 2% midday. The earnings season crush is on this week, with major earnings like Netflix on the menu. It is yet to be seen if these can make any change in trajectory for the broad markets.
24/7 Wall St. is reviewing some big analyst calls seen on Monday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Monday that included ADT, Alcoa, GoDaddy, KB Home, Morgan Stanley and Qualcomm.
Acceleron Pharma Inc. (NASDAQ: XLRN): Wolfe Research resumed coverage with an Outperform rating and a $183 price target. The shares were changing hands at around $118 apiece on Monday, in a 52-week trading range of $85.58 to $146.15.
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BioNTech S.E. (NASDAQ: BNTX | BNTX Price Prediction): Wolfe Research resumed coverage with an Outperform rating and a $248 price target. The stock was changing hands at around $236 a share on Monday, in a 52-week range of $54.10 to $252.78.
BJ’s Wholesale Club Holdings Inc. (NYSE: BJ): Argus resumed coverage with a Hold rating. The stock traded near $47 on Monday, in a 52-week range of $36.07 to $50.18. It has a consensus price target of $52.50.
CyberArk Software Ltd. (NASDAQ: CYBR): Colliers Securities upgraded the stock to a Buy rating from Neutral and has a $165 price target. The stock traded near $134 on Monday, in a 52-week range of $95.12 to $169.70. It has a consensus price target of $173.61.
Five9 Inc. (NASDAQ: FIVN): Needham downgraded it to Hold from Buy. The stock was changing hands around $186 a share on Monday, in a 52-week range of $107.77 to $201.75.
Talkspace Inc. (NASDAQ: TALK): William Blair initiated with an Outperform rating. The stock traded near $6 on Monday, in a 52-week range of $5.44 to $12.45.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX): Wolfe Research resumed coverage with an Outperform rating and a $252 price target. The stock traded at around $200 a share on Monday, in a 52-week range of $185.33 to $304.00.
Wix.com Ltd. (NASDAQ: WIX): Morgan Stanley initiated coverage with an Overweight rating and a $339 price target. It traded near $287 a share on Monday, in a 52-week range of $213.12 to $362.07. The consensus price target is $323.05.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
