Here are the biggest calls on Wall Street on Thursday
William Blair downgraded Biogen because the Aducanumab trials were being discontinued due to an interim futility analysis determining the trials were unlikely to meet the primary endpoints.
Citi is staying positive on Apple and expects the company to raise its dividend and increase its buyback authorization. Goldman Sachs upgraded Qorvo due to its smartphone stabilization, growing 5G infrastructure business, and margin expansion at a compelling valuation. Goldman Sachs sees significant upside potential to the stock and says Arista is one of the highest EPS growth profiles in its coverage.
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