Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Top Upgrades
- William Blair upgraded Syntel, Inc. (NASDAQ:SYNT) from Underperform to Market Perform. Syntel shares rose 2.67 percent to $24.95 in pre-market trading.
- Barclays upgraded Equinix, Inc. (NASDAQ:EQIX) from Equal-Weight to Overweight. Equinix shares rose 1.82 percent to $470.00 in pre-market trading.
- Telsey Advisory Group upgraded Omnicom Group Inc. (NYSE:OMC) from Market Perform to Outperform. Omnicom shares gained 2.22 percent to close at $75.59 on Tuesday.
- Deutsche Bank upgraded Fortinet Inc (NASDAQ:FTNT) from Hold to Buy. Fortinet shares gained 3.13 percent to $40.49 in pre-market trading.
- Analysts at RBC Capital upgraded Ellie Mae Inc (NYSE:ELLI) from Sector Perform to Outperform. Ellie Mae shares rose 0.69 percent to close at $87.37 on Tuesday.
- Longbow Research upgraded GoPro Inc (NASDAQ:GPRO) from Neutral to Buy. GoPro shares rose 4.77 percent to $9.67 in pre-market trading.
- Oppenheimer upgraded W W Grainger Inc (NYSE:GWW) from Perform to Outperform. Grainger shares rose 0.16 percent to $205.75 in pre-market trading.
- Analysts at Citigroup upgraded Merck & Co., Inc. (NYSE:MRK) from Neutral to Buy. Merck shares rose 1.20 percent to $63.98 in pre-market trading.
- Analysts at Jefferies upgraded Lattice Semiconductor Corp (NASDAQ:LSCC) from Hold to Buy. Lattice Semiconductor shares rose 2.73 percent to $5.65 in pre-market trading.
- Analysts at Bank of America upgraded Magna International Inc. (USA) (NYSE:MGA) from Underperform to Buy. Magna shares rose 2.94 percent to $55.02 in pre-market trading.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Top Downgrades
- Societe Generale downgraded Chevron Corporation (NYSE:CVX) from Buy to Hold. Chevron shares fell 0.22 percent to $119.96 in pre-market trading.
- Analysts at Mizuho downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) from Buy to Neutral. Blackhawk shares fell 2.11 percent to $32.55 in pre-market trading.
- JP Morgan downgraded Virtu Financial Inc (NASDAQ:VIRT) from Neutral to Underweight. Virtu Financial shares fell 3.66 percent to close at $15.80 on Tuesday.
- Cowen & Co. downgraded Colfax Corp (NYSE:CFX) from Outperform to Market Perform. Colfax shares fell 0.68 percent to close at $42.50 on Tuesday.
- Piper Jaffray downgraded Ulta Beauty Inc (NASDAQ:ULTA) from Overweight to Neutral. Ulta Beauty shares fell 2.61 percent to $197.00 in pre-market trading.
- BMO Capital downgraded Chevron Corporation (NYSE:CVX) from Outperform to Market Perform. Chevron shares fell 0.39 percent to $119.75 in pre-market trading.
- Analysts at Stifel Nicolaus downgraded MGM Resorts International (NYSE:MGM) from Buy to Hold. MGM shares fell 0.79 percent to $30.25 in pre-market trading.
- Bank of America downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) from Neutral to Underperform. Chipotle shares declined 2.66 percent to $320.55 in pre-market trading.
- Raymond James downgraded Mobileiron Inc (NASDAQ:MOBL) from Outperform to Market Perform. MobileIron shares dropped 2.56 percent to close at $3.80 on Tuesday.
- FBR Capital downgraded PacWest Bancorp (NASDAQ:PACW) from Buy to Neutral. PacWest Banc shares fell 1.18 percent to $46.07 in pre-market trading.
Top Initiations
- Wells Fargo initiated coverage on Beacon Roofing Supply, Inc. (NASDAQ:BECN) with a Market Perform rating. The price target for Beacon Roofing is set to $58. Beacon Roofing shares closed at $52.99 on Tuesday.
- Janney Capital initiated coverage on Aaron's, Inc. (NYSE:AAN) with a Neutral rating. The price target for Aaron's is set to $42. Aaron's shares closed at $41.55 on Tuesday.
- Analysts at RBC Capital initiated coverage on Inovio Pharmaceuticals Inc (NASDAQ:INO) with an Outperform rating. The price target for Inovio Pharmaceuticals is set to $11. Inovio Pharmaceuticals shares closed at $6.24 on Tuesday.
- H.C. Wainwright initiated coverage on T2 Biosystems Inc (NASDAQ:TTOO) with a Buy rating. The price target for T2 Biosystems is set to $8. T2 Biosystems shares closed at $4.21 on Tuesday.
- Baird initiated coverage on W.P. Carey Inc. REIT (NYSE:WPC) with an Outperform rating. The price target for W.P. Carey is set to $77. W.P. Carey shares closed at $69.28 on Tuesday.
- Analysts at UBS initiated coverage of TreeHouse Foods Inc. (NYSE:THS) with a Neutral rating. The price target for TreeHouse Foods is set to $70. TreeHouse Foods shares closed at $68.05 on Tuesday.
- Analysts at Wells Fargo initiated coverage on GMS Inc (NYSE:GMS) with a Market Perform rating. The price target for GMS is set to $38. GMS shares closed at $35.09 on Tuesday.
- Analysts at Taglich Brothers initiated coverage on Catasys, Inc. (NASDAQ:CATS) with a Speculative Buy rating. The price target for Catasys is set to $8. Catasys shares closed at $3.84 on Tuesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.