>>> Amarin: Sarissa Capital Has Commenced the Process to Call a Special Meeting

Amarin: Sarissa Capital Has Commenced the Process to Call a Special Meeting of Amarin Shareholders to Remove and Replace Certain Board Members (1.18)

Sarissa believes Amarin risks destroying additional shareholder value unless Sarissa representatives are immediately added to the board. Amarin board's governance process lacks urgency and disregards shareholder vote at annual meeting. Sarissa Capital Management LP ("Sarissa") today made the following statement regarding its ongoing discussions with Amarin Corporation plc (NASDAQ: AMRN) regarding board representation:

>>> US Early premarket gappers

Early premarket gappers

  • Gapping up:
    • SPNE +11.7%, STRC +4.8%, ANGI +4.4%, BKD +4.2%, JOBY +2.9%, VXX +1.9%, OFIX +1.4%, ANDE +1.3%, FLS +1.2%
  • Gapping down:
    • RIGL -9.6%, LEG -7.8%, ASX -4.3%, ZS -3.4%, SON -3%, AZZ -2.6%, USO -1.8%, XPO -1.3%, CNS -1.2%, QQQ -0.9%, IWM -0.9%, AGNC -0.9%, CPT -0.8%, SPY -0.8%, DIA -0.7%

>>> Europe : Brokers Upgrades & Downgrades - 11th of October 2022 V2(+)

>>> Up
* Amgen Raised to Overweight at Morgan Stanley; PT $279
* Bekaert Raised to Buy at KBC Securities; PT 47 euros (+)
* Centrica Raised to Buy at Citi; PT 81 pence
* Drax Raised to Neutral at Citi; PT 537 pence
* Elmera Group ASA Raised to Buy at SpareBank; PT 25 kroner
* Motorpoint Raised to Buy at Numis; PT 200 pence
* Next Raised to Buy at Numis; PT 6,800 pence
* Roche Raised to Buy at Intron Health; PT 360 Swiss francs
* Wise Raised to Add at AlphaValue/Baader

>>> Down
* Credit Suisse PT Cut to 4.40 Swiss francs at Jefferies (+)
* Hugo Boss Cut to Hold at Hauck & Aufhaeuser; PT 52 euros (+)
* Kingfisher Cut to Sell at Numis; PT 150 pence
* Maersk Cut to Hold at Nordea (+)
* Meta Platforms Cut to Neutral at Atlantic Equities; PT $160 (+)
* Scatec Cut to Neutral at SpareBank; PT 80 kroner
* TietoEVRY Cut to Hold at SEB Equities; PT 26 euros
* Vidrala Cut to Sell at Citi; PT 45 euros
* Zoom Video Cut to Equal-Weight at Morgan Stanley; PT $90

>>> Initiation
* B90 Holdings PLC Rated New Buy at Arden Partners; PT 8 pence (+)
* Bankinter Reinstated Buy at Kepler Cheuvreux; PT 7.10 euros
* Boston Beer Rated New Neutral at Wedbush; PT $350
* Brown-Forman Rated New Neutral at Wedbush; PT $70
* CaixaBank Reinstated Hold at Kepler Cheuvreux; PT 3.45 euros
* Cleantech Lithium Rated New Speculative Buy at Canaccord (+)
* Coca-Cola Rated New Outperform at Wedbush; PT $63
* Glenveagh Rated New Overweight at Barclays; PT 1.20 euros
* Instone Real Estate Rated New Underweight at Barclays
* Keurig Dr Pepper Rated New Outperform at Wedbush; PT $43
* Molson Coors Rated New Neutral at Wedbush; PT $50
* Monster Beverage Rated New Neutral at Wedbush; PT $95
* Nexity Rated New Overweight at Barclays; PT 25 euros
* NSI NV Rated New Hold at ING; PT 25 euros
* PepsiCo Rated New Outperform at Wedbush; PT $185
* Sabadell Reinstated Buy at Kepler Cheuvreux; PT 80 euro cents
* Unicaja Reinstated Hold at Kepler Cheuvreux; PT 1 euro

>>> Call
* Airbus Sept. Deliveries Encouraging, Orders Disappointing: DB (+)
* Drax, Centrica Raised at Citi With Shares Seen Reflecting Risks (+)
* Etsy Rated Buy at Goldman on Growth View, Wayfair Rated Neutral
* Goldman Sachs Says Too Early to Factor a Fed Pivot Into Markets
* Hydrogen Stocks at Cheap Entry Point After De-Rating: Jefferies (+)
* Homebuilders Facing Increasingly Tough Times, Barclays Says
* MS Cautious on Chemicals, But Sees Opportunities; Evonik Cut
* Roche Raised at Intron Health on Sector-Leading Pricing Power (+)
* Zoom Rating Cut at Morgan Stanley as Online Business Normalizes (+)

>>> Stoxx 600 Pre-Market Indications

  • Qiagen (QIA TH) +7.4%
    • Bio-Rad Laboratories in Talks to Combine With Qiagen: DJ
  • Kion (KGX TH) +2.6%
  • Puma (PUM TH) -1%
  • STMicroelectronics (SGM TH) -1%
    • European, US Chip Stocks in Focus as $240 Billion Rout Extended
  • ASML (ASME TH) -1%
    • These Stricter China Chips Rules Are Terribly Timed: Tim Culpan
  • HeidelbergCement (HEI TH) -1%
  • Infineon (IFX TH) -1.1%
    • European, US Chip Stocks in Focus as $240 Billion Rout Extended
  • BP (BPE5 TH) -1.3%
  • Aroundtown (AT1 TH) -1.7%
    • Hybrid Debt Facing Missed Call Dates? Aroundtown, EDF and Others
  • Evonik (EVK TH) -2%
    • MS Cautious on Chemicals, But Sees Opportunities; Evonik Cut

>>> TradeGate Pre-Market Indications

DAX:
  • Infineon (IFX TH) -0.5%
    • European, US Chip Stocks in Focus as $240 Billion Rout Extended
  • HeidelbergCement (HEI TH) -1%
MDAX:
  • Kion (KGX TH) +1.9%
  • Evonik (EVK TH) -1.4%
    • MS Cautious on Chemicals, But Sees Opportunities; Evonik Cut
SDAX:
  • Nordex (NDX1 TH) +4%
    • Nordex Got New Order From Ignitis for 137 MW Wind Farm in Poland
  • SAF-Holland SE (SFQ TH) +1%
  • Hamborner REIT (HABA TH) -1.7%

>>> Europe : Brokers Upgrades & Downgrades - 11th of October 202

>>> Up
* Amgen Raised to Overweight at Morgan Stanley; PT $279
* Centrica Raised to Buy at Citi; PT 81 pence
* Drax Raised to Neutral at Citi; PT 537 pence
* Elmera Group ASA Raised to Buy at SpareBank; PT 25 kroner
* Motorpoint Raised to Buy at Numis; PT 200 pence
* Next Raised to Buy at Numis; PT 6,800 pence
* Roche Raised to Buy at Intron Health; PT 360 Swiss francs
* Wise Raised to Add at AlphaValue/Baader

>>> Down
* Kingfisher Cut to Sell at Numis; PT 150 pence
* Scatec Cut to Neutral at SpareBank; PT 80 kroner
* TietoEVRY Cut to Hold at SEB Equities; PT 26 euros
* Vidrala Cut to Sell at Citi; PT 45 euros
* Zoom Video Cut to Equal-Weight at Morgan Stanley; PT $90

>>> Initiation
* Bankinter Reinstated Buy at Kepler Cheuvreux; PT 7.10 euros
* Boston Beer Rated New Neutral at Wedbush; PT $350
* Brown-Forman Rated New Neutral at Wedbush; PT $70
* CaixaBank Reinstated Hold at Kepler Cheuvreux; PT 3.45 euros
* Coca-Cola Rated New Outperform at Wedbush; PT $63
* Glenveagh Rated New Overweight at Barclays; PT 1.20 euros
* Instone Real Estate Rated New Underweight at Barclays
* Keurig Dr Pepper Rated New Outperform at Wedbush; PT $43
* Molson Coors Rated New Neutral at Wedbush; PT $50
* Monster Beverage Rated New Neutral at Wedbush; PT $95
* Nexity Rated New Overweight at Barclays; PT 25 euros
* NSI NV Rated New Hold at ING; PT 25 euros
* PepsiCo Rated New Outperform at Wedbush; PT $185
* Sabadell Reinstated Buy at Kepler Cheuvreux; PT 80 euro cents
* Unicaja Reinstated Hold at Kepler Cheuvreux; PT 1 euro

>>> Call
* Etsy Rated Buy at Goldman on Growth View, Wayfair Rated Neutral
* Goldman Sachs Says Too Early to Factor a Fed Pivot Into Markets
* Homebuilders Facing Increasingly Tough Times, Barclays Says
* MS Cautious on Chemicals, But Sees Opportunities; Evonik Cut