© Reuters. Today’s most important initiations
By Davit Kirakosyan
Barclays initiated coverage on ZimVie Inc (NASDAQ:) with an Underweight rating and a price target of $9.00. Shares dropped more than 11% today.
Evercore ISI initiated coverage on BJ’s Wholesale (NYSE:) with an In-Line rating and a price target of $70.00, noting that it is well positioned in a decelerating U.S. retail landscape.
Raymond James initiated coverage on Valley National Bancorp (NASDAQ:) with a Strong Buy rating and a price target of $14.00. Shares closed more than 2% higher today.
Baird initiated coverage on Parsons Corp (NYSE:) with a Neutral rating and a price target of $50.00.
Evercore ISI initiated coverage on Global Business Travel Group Inc (NYSE:) with an Outperform rating and a price target of $8.00.
RBC Capital initiated coverage on Brookfield Asset Management (NYSE:) with an Outperform rating and a price target of $35.00.
DA Davidson initiated coverage on M&T Bank (NYSE:) with a Neutral rating and a price target of $160.00.
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