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
- JP Morgan upgraded American Airlines Group Inc (NASDAQ:AAL) from Neutral to Overweight. American Airlines shares rose 2.93 percent to $48.19 in pre-market trading.
- Stephens & Co. upgraded B&G Foods, Inc. (NYSE:BGS) from Equal-Weight to Overweight. B&G Foods shares rose 13.21 percent to $36.00 in pre-market trading.
- RBC Capital upgraded Goldcorp Inc. (USA) (NYSE:GG) from Sector Perform to Outperform. Goldcorp shares rose 1.68 percent to $13.28 in pre-market trading.
- Credit Suisse upgraded InterContinental Hotels Group PLC (ADR) (NYSE:IHG) from Neutral to Outperform. InterContinental Hotels shares rose 1.64 percent to $56.50 in pre-market trading.
- JP Morgan upgraded Banco Santander Brasil SA (ADR) (NYSE:BSBR) from Neutral to Overweight. Banco Santander Brasil shares slipped 2.80 percent to close at $8.69 on Tuesday.
- Analysts at RBC Capital upgraded Manitowoc Company Inc (NYSE:MTW) from Sector Perform to Outperform. Manitowoc shares rose 5.04 percent to $10.00 in pre-market trading.
- Analysts at Wells Fargo upgraded Public Service Enterprise Group Inc. (NYSE:PEG) from Market Perform to Outperform. Public Service Enterprise shares fell 0.71 percent to close at $49.20 on Tuesday.
Top Downgrades
- Wedbush downgraded DSW Inc. (NYSE:DSW) from Outperform to Neutral. DSW shares declined 1.78 percent to $18.81 in pre-market trading.
- Cowen & Co. downgraded Check Point Software Technologies Ltd. (NASDAQ:CHKP) from Outperform to Market Perform. Check Point shares dropped 9.29 percent to $106.77 in pre-market trading.
- Analysts at JP Morgan downgraded Abercrombie & Fitch Co. (NYSE:ANF) from Neutral to Underweight. Abercrombie & Fitch shares fell 6.18 percent to $12.60 in pre-market trading.
- Canaccord Genuity downgraded Under Armour Inc (NYSE:UAA) from Hold to Sell. Under Armour shares slipped 0.24 percent to $12.49 in pre-market trading.
- Cantor Fitzgerald downgraded Envision Healthcare Corporation (NYSE:EVHC) from Overweight to Neutral. Envision Healthcare shares fell 37.21 percent to $26.75 in pre-market trading.
- Morgan Stanley downgraded Microchip Technology Inc. (NASDAQ:MCHP) from Overweight to Equal-Weight. Microchip Technology shares fell 0.43 percent to close at $94.80 on Tuesday.
- Analysts at BTIG Research downgraded EXACT Sciences Corporation (NASDAQ:EXAS) from Buy to Neutral. Exact Sciences shares fell 2.13 percent to $53.82 in pre-market trading.
- Argus downgraded Amgen, Inc. (NASDAQ:AMGN) from Buy to Hold. Amgen shares fell 0.35 percent to $174.60 in pre-market trading.
- JP Morgan downgraded JetBlue Airways Corporation (NASDAQ:JBLU) from Overweight to Neutral. JetBlue shares fell 0.89 percent to $18.98 in pre-market trading.
- Nomura downgraded General Motors Company (NYSE:GM) from Buy to Neutral. GM shares fell 0.14 percent to $42.92 in pre-market trading.
Top Initiations
- Analysts at Needham & Company initiated coverage on LendingClub Corp (NYSE:LC) with a Buy rating. Lending Club shares closed at $5.69 on Tuesday.
- Analysts at Canaccord Genuity initiated coverage on VBI Vaccines, Inc. (NASDAQ:VBIV) with a Buy rating. The price target for VBI Vaccines is set to $10. VBI Vaccines shares closed at $3.44 on Tuesday.
- Oppenheimer initiated coverage on Proofpoint Inc (NASDAQ:PFPT) with a Perform rating. Proofpoint shares closed at $92.41 on Tuesday.
- Deutsche Bank initiated coverage on Canadian National Railway (USA) (NYSE:CNI) with a Sell rating. Canadian National Railway shares closed at $80.49 on Tuesday.
- Analysts at Macquarie initiated coverage on Gildan Activewear Inc (USA) (NYSE:GIL) with a Neutral rating. Gildan Activewear shares closed at $30.60 on Tuesday.
- Roth Capital initiated coverage on Melco Resorts & Entertainment Ltd(ADR) (NASDAQ:MLCO) with a Buy rating. The price target for Melco Resorts is set to $34. Melco Resorts shares closed at $25.28 on Tuesday.
- Deutsche Bank initiated coverage on Canadian Pacific Railway Limited (USA) (NYSE:CP) with a Buy rating. Canadian Pacific Railway shares closed at $173.44 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.
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