JMP Securities upgraded shares of Advanced Accelerator Applications S.A. (NASDAQ:AAAP) from a market perform rating to an outperform rating in a research note published on Thursday morning, MarketBeat reports.

AAAP has been the topic of a number of other reports. Zacks Investment Research upgraded Advanced Accelerator Applications from a hold rating to a buy rating and set a $44.00 price target on the stock in a research report on Tuesday, July 11th. J P Morgan Chase & Co began coverage on Advanced Accelerator Applications in a research report on Thursday, June 15th. They set an overweight rating and a $50.00 price target on the stock. Canaccord Genuity set a $47.00 price target on Advanced Accelerator Applications and gave the stock a buy rating in a research report on Thursday. BidaskClub upgraded Advanced Accelerator Applications from a hold rating to a buy rating in a research report on Friday, July 14th. Finally, TheStreet lowered Advanced Accelerator Applications from a c- rating to a d rating in a research report on Wednesday, June 14th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $47.75.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. OppenheimerFunds Inc. purchased a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $39,009,000. Artisan Partners Limited Partnership purchased a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $16,889,000. KCG Holdings Inc. purchased a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $338,000. Clearbridge Investments LLC purchased a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $3,471,000. Finally, Morgan Stanley raised its position in shares of Advanced Accelerator Applications by 2,208.1% in the first quarter. Morgan Stanley now owns 72,358 shares of the company’s stock worth $2,884,000 after buying an additional 69,223 shares during the last quarter. Hedge funds and other institutional investors own 40.91% of the company’s stock.

About Advanced Accelerator Applications

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

Analyst Recommendations for Advanced Accelerator Applications (NASDAQ:AAAP)

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