macro

B of A Securities Raises Pharvaris and Allegion to Buy Ratings

B of A Securities upgraded Pharvaris and Allegion from Neutral to Buy, and lifted its Allegion price target to $200 from $164 a share.

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what happened

According to Dow Jones Newswires, citing Benzinga, B of A Securities moved its rating on Pharvaris (PHVS) from Neutral to Buy.

The same day, the bank made the same move on Allegion (ALLE) and raised its price target to $200 a share from $164.

why it matters

Rating changes by individual analysts usually reflect a view on specific companies rather than the broader market. The effect on major indexes is limited, but for investors in these stocks, such assessments are one reference point in their analysis.

tags

instruments

PHVSALLE

sources

  1. Pharvaris Raised to Buy From Neutral by B of A Securities — Dow Jones Newswires, 23 October 2026 at 10:48 UTC
  2. Allegion Raised to Buy From Neutral by B of A Securities — Dow Jones Newswires, 23 October 2026 at 10:45 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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