Scalper1 News
Big pharmas Merck (MRK), Eli Lilly (LLY) and Johnson & Johnson (JNJ) were trading up Tuesday after getting upgrades from Barclays, while AbbVie (ABBV) seesawed on a downgrade. Analyst Geoff Meacham assumed coverage of a newly combined U.S. Pharmaceuticals sector in Barclays’ coverage, and while he left most ratings the same he made a few tweaks. Lilly was upgraded to overweight from equal weight, and its price target lifted to 95 from 75, based on Scalper1 News
Scalper1 News