Dow raised at JPMorgan, Rocket upgraded to Hold: 4 big analyst picks

Investing.com  |  Author Davit Kirakosyan

Published Sep 25, 2023 05:55AM ET

By Davit Kirakosyan

Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at Dow, Rocket, AstraZeneca, and Coeur Mining.

Two more upgrades

AstraZeneca (NASDAQ:AZN) shares rose more than 1% pre-market today after Jefferies upgraded the company to Buy from Neutral and raised its price target to $80.00 from $66.50.

Last week, the company reported positive high-level results from the TROPION-Breast01 Phase III trial.

RBC Capital upgraded Coeur Mining (NYSE:CDE) to Outperform from Sector Perform with a price target of $4.00. As a result, shares surged more than 7% on Friday.

The expansion at Rochester is almost complete, and execution on the ramp up through mid-2024 is the key catalyst for the stock in our view. The site visit we attended highlighted the +$700m investment in throughput expansion, which should lead to +120% higher production once at full capacity in 2025.

In fast-moving markets, every second counts - and

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