Seeking Alpha

Healthcare upgrades, downgrades, and initiations for Thursday

  • Piper upgrades Forest Labs (FRX -0.2%) to Overweight from Neutral. Price target is $67.
  • Morgan Stanley cuts AbbVie (ABBV -3.3%) to Equalweight from Overweight.
  • Leerink downgrades Solta Medical (SLTM) to Market Perform from Outperform.
  • Stifel cuts Puma Biotechnology (PBYI -0.8%) to Hold from Buy.
  • Chardan starts Rockwell Medical (RMTI +3.2%) at Buy. Price target is $22.
  • JMP starts Chelsea Therapeutics (CHTP +5.5%) at Market Outperform. Price target is $8.
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