Raymond James initiated coverage on AbbVie Inc (NYSE: ABBV) as the company looks beyond Humira's loss of exclusivity and has several levers to set up long-term growth.
Oppenheimer initiated coverage on Fusion Pharmaceuticals Inc (NASDAQ: FUSN), citing the company's pipeline as among the best in the space with alpha-emitter-based targeted radionuclide therapies (TRTs), with three currently in clinical development.
Shares of Ciena Corporation (NYSE: CIEN) climbed in early trading on Thursday.
Strong bandwidth growth should be a longer-term tailwind for the company, according to Stifel.