AstraZeneca (AZN) At the Center of Serious Analyst Attention

We recently published 13 Best ADR Stocks to Invest In.  AstraZeneca PLC (NASDAQ:AZN) is one of the best ADR stocks.

AstraZeneca PLC (NASDAQ:AZN), the British pharmaceutical company best known for its COVID-19 drug, was at the center of analyst action on December 9th after a report from TD Cowen. The report saw the firm raise the healthcare company’s share price target to $105 from $95 and keep a Buy rating on the stock. TD Cowen outlined that AstraZeneca PLC (NASDAQ:AZN)’s drug pipeline and presence in high-growth markets had influenced its optimism about the firm.

TD Cowen’s action on AstraZeneca PLC (NASDAQ:AZN) came soon after Morgan Stanley had raised the firm’s share price target to $103 from $93 on December 3rd, as per The Fly. As part of its coverage, the bank pointed out that AstraZeneca PLC (NASDAQ:AZN)’s pharmaceutical market was fundamentally stable, but investors aiming for growth should target other sectors.

The two firms’ optimism for the pharma company came after Bank of America had added AstraZeneca PLC (NASDAQ:AZN) to its top stocks for 2026 list and raised the share price target to $108.50 from $91.70. As is the case with TD Cowen, BofA had also outlined a robust pipeline for AstraZeneca PLC (NASDAQ:AZN)’s drugs. These drugs include SERENA-4, Eplontersen, and AVANZAR. Within these, Eplontersen is the firm’s planned treatment for a rare kind of neuropathy, while AVANZAR is investigating a treatment for non-small cell lung cancer.

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Disclosure: None. This article is originally published at Insider Monkey.