This week's best-performing stocks include two pharma names analysts expect will rally from here

Some of the biggest stock winners in this week's volatile market action included two big pharmaceutical names analysts expect to rally in the months ahead. Stocks staged a historic rally on Thursday, with the S & P 500 posting one of its largest-ever intraday reversals from a low, as investors weighed fresh inflation data that came in hotter than expected.

After rallying nearly 12% this year, the consensus price target on the stocks suggests that shares should remain rangebound in the near future, and just 26% of analysts say the name is a buy. The stock got an upgrade to overweight by Morgan Stanley this week , viewing Amgen as a defensive name going forward. Walgreens Boots Alliance also made the list. The drugstore chain's stock gained 10.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news today: Stocks surge as inflation soarsUS markets staged a dramatic turnaround on strong earnings to close sharply higher. The Dow surged 828 points, its biggest percentage gain of 2022. Beware. The higher one climbs, the further one falls. Wait! Just few minutes ago, Republicans were all mad at Biden cuz market was down.
Source: CNN - 🏆 4. / 95 Read more »