InvestorsHub Logo
Followers 31
Posts 2308
Boards Moderated 0
Alias Born 02/12/2002

Re: threewheeler post# 39298

Friday, 03/20/2020 1:28:31 PM

Friday, March 20, 2020 1:28:31 PM

Post# of 59314
I am sure we will be seeing more and more investment firms upgrade healthcare companies. And more and more mergers and acquisitions in the healthcare industry.

Jefferies ups Health Care to Overweight, cuts Discretionary to Underweight Jefferies Equity Strategist Steven DeSanctis cut his rating on the Consumer Discretionary sector to Underweight from Overweight citing the impact of social distancing, although he admits "it feels like we are closing the barn door after the horse has bolted. He concurrently upped his rating on the Health Care sector to Overweight given that "it holds the solution to the pandemic." He also foresees more M&A in the group, especially in Biotech, which should give the sector a lift, DeSanctis said in a note to investors.

Read more at:
https://thefly.com/landingPageNews.php?id=3054499

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.