The health care sector held up relatively well in a difficult year for stocks in 2022. On Wednesday, one analyst adjusted his coverage of two large cap pharmaceutical stocks heading into what could be a volatile 2023.
Shares of Etsy Inc (NASDAQ: ETSY) spiked in pre-market trading on Wednesday.
The New York-based company exited the pandemic stronger and has been able to hold onto the pandemic gains, according to Needham.
Raymond James analyst Pavel Molchanov upgrades Maxeon Solar Technologies (NASDAQ:MAXN) from Market Perform to Outperform and announces $22 price target.