Initiations before the market open

Market news

7 January 2020

Initiations before the market open

Boeing (BA) initiated with an Underperform at Longbow; target $300

Merck (MRK) initiated with a Sector Perform at RBC Capital Mkts; target $99

Pfizer (PFE) initiated with an Outperform at RBC Capital Mkts; target $46

Canada’s trade deficit narrows in November

Downgrades before the market open

Market Focus

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