Initiations before the market open

Market news

2 June 2021

Initiations before the market open

Alphabet (GOOG, GOOGL) initiated with an Outperform at KGI Securities

Facebook (FB) initiated with an Outperform at KGI Securities; target $420

Microsoft (MSFT) initiated with an Outperform at KGI Securities; target $300

Salesforce (CRM) initiated with a Neutral at KGI Securities; target $280

Wall Street. Stocks before the bell

Canada’s building permits drop much less than expected in April

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