B of A Securities Upgrades Alignment Healthcare to Buy, Lowers Price Target to $14
B of A Securities analyst Kevin Fischbeck upgrades Alignment Healthcare (NASDAQ:ALHC) from Neutral to Buy and lowers the price target from $18 to $14.
27 Recession-Resistant Stocks To Look At Now
When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist.
On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Alignment Healthcare’s Return On Capital Employed Insights
Alignment Healthcare (NASDAQ:ALHC) brought in sales totaling $298.27 million during Q4 according to data provided by Benzinga Pro. However, earnings decreased 4.4%, resulting in a loss of $47.83 million.
Cowen & Co. Maintains Outperform on Alignment Healthcare, Lowers Price Target to $11
Cowen & Co. analyst Gary Taylor maintains Alignment Healthcare (NASDAQ:ALHC) with a Outperform and lowers the price target from $24 to $11.
12 Health Care Stocks Moving In Thursday’s After-Market Session
Gainers
Puma Biotechnology (NASDAQ:PBYI) shares moved upwards by 12.0% to $2.61 during Thursday's after-market session. The company's market cap stands at $106.7 million. As per the press release, Q4 earnings came out today.
Earnings Scheduled For March 3, 2022
Companies Reporting Before The Bell
• Travelzoo (NASDAQ:TZOO) is expected to report quarterly earnings at $0.13 per share on revenue of $18.23 million.
What 4 Analyst Ratings Have To Say About Alignment Healthcare
Alignment Healthcare (NASDAQ:ALHC) has observed the following analyst ratings within the last quarter:
Stocks That Hit 52-Week Lows On Friday
During Friday's session, 445 companies made new 52-week lows.