TALK - Talkspace and 9 Meters initiated as outperform and Cantor bullish on COMPASS in today's analyst action
naphtalina/iStock via Getty Images Talkspace initiated as outperform at Baird Baird has initiated online therapy provider Talkspace ([[TALK]] -8.4%) with an outperform rating and a $10 price target (~50% upside). Analyst Vikram Kesavabhotla says he expects to company to benefit from broader tailwinds in mental health, as well as its position as a recognized brand with a large network of providers. He adds that Talkspace trades at a substantial discount to peers and is unique as a pure-play mental health virtual offering. 9 Meters garners outperform rating on GI, rare disease pipeline BMO Capital Markets has initiated 9 Meters Biopharma ([[NMTR]] -3.7%) with an outperform rating and a $5 price target (~385% upside) Analyst Gary Nachman says the company is a "solid pure-play in gatroenterology" that is also working on rare diseases with high unmet medical needs. He calls out vurolenatide as having a unique mechanism of action for short
For further details see:
Talkspace and 9 Meters initiated as outperform, and Cantor bullish on COMPASS in today's analyst action