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
- Analysts at Bank of America upgraded Spirit Airlines Incorporated (NYSE:SAVE) from Neutral to Buy. Spirit Airlines shares closed at $43.23 on Monday.
- JP Morgan upgraded Sunoco LP (NYSE:SUN) from Neutral to Overweight. Sunoco shares closed at $29.20 on Monday.
- Bank of America upgraded American Airlines Group Inc (NASDAQ:AAL) from Underperform to Buy. American Airlines rose 1.88 percent to $53.11 in pre-market trading.
- Cowen & Co. upgraded Paypal Holdings Inc (NASDAQ:PYPL) from Market Perform to Outperform. PayPal shares rose 1.14 percent to $79.95 in pre-market trading.
- Analysts at Raymond James upgraded BB&T Corporation (NYSE:BBT) from Market Perform to Outperform. BB&T shares closed at $51.50 on Monday.
- Analysts at Stephens & Co. upgraded Global Payments Inc (NYSE:GPN) from Equal-Weight to Overweight. Global Payments shares closed at $104.18 on Monday.
- Wells Fargo upgraded Axis Capital Holdings Limited (NYSE:AXS) from Underperform to Market Perform. Axis Capital shares closed at $48.90 on Monday.
- Credit Suisse upgraded Carnival Corp (NYSE:CCL) from Neutral to Outperform. Carnival shares rose 1.06 percent to $66.75 in pre-market trading.
- Analysts at Mizuho upgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) from Neutral to Buy. Teva shares rose 1.05 percent to $19.32 in pre-market trading.
- Barclays upgraded Ellie Mae Inc (NYSE:ELLI) from Equal-Weight to Overweight. Ellie Mae shares rose 0.02 percent to close at $89.56 on Monday.
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Top Downgrades
- Bank of America downgraded Paychex, Inc. (NASDAQ:PAYX) from Buy to Neutral. Paychex shares closed at $68.28 on Monday.
- Baird downgraded Barracuda Networks Inc (NYSE:CUDA) from Outperform to Neutral. Barracuda shares closed at $27.46 on Monday.
- Analysts at Jefferies downgraded AK Steel Holding Corporation (NYSE:AKS) from Buy to Hold. AK Steel shares dropped 2.41 percent to $6.48 in pre-market trading.
- Analysts at Bank of America downgraded JetBlue Airways Corporation (NASDAQ:JBLU) from Buy to Underperform. JetBlue shares fell 2.21 percent to $20.81 in pre-market trading.
- Guggenheim downgraded Revance Therapeutics Inc (NASDAQ:RVNC) from Buy to Neutral. Revance Therapeutics dropped 3.46 percent to $32.05 in pre-market trading.
- Raymond James downgraded Heartland Financial USA Inc (NASDAQ:HTLF) from Strong Buy to Outperform. Heartland Financial shares closed at $52.95 on Monday.
- Wells Fargo downgraded Allstate Corp (NYSE:ALL) from Outperform to Market Perform. Allstate shares closed at $101.39 on Monday.
- Susquehanna downgraded Under Armour Inc (NYSE:UAA) from Neutral to Negative. Under Armour shares fell 3.94 percent to $15.35 in pre-market trading.
- Barclays downgraded Fortinet Inc (NASDAQ:FTNT) from Overweight to Equal-Weight. Fortinet shares closed at $45.00 on Monday.
- JP Morgan downgraded 8Point3 Energy Partners LP (NASDAQ:CAFD) from Overweight to Neutral. 8point3 Energy Partners shares closed at $15.90 on Monday.
Top Initiations
- Barclays initiated coverage on Casa Systems Inc (NASDAQ:CASA) with an Equal-Weight rating. The price target for Casa Systems is set to $17. Casa Systems shares closed at $19.12 on Monday.
- Keefe Bruyette & Woods initiated coverage on Newmark Group Inc (NASDAQ:NMRK) with a Market Perform rating. The price target for Newmark Group is set to $17. Newmark Group shares closed at $15.56 on Monday.
- Wells Fargo initiated coverage on Westlake Chemical Corporation (NYSE:WLK) with an Equal-Weight rating. The price target for Westlake Chemical is set to $120. Westlake Chemical shares closed at $111.64 on Monday.
- Analysts at Morgan Stanley initiated coverage on Olin Corporation (NYSE:OLN) with an Overweight rating. The price target for Olin is set to $45. Olin Partners shares closed at $38.30 on Monday.
- JMP Securities initiated coverage on BankUnited (NYSE:BKU) with a Market Perform rating. BankUnited shares closed at $40.52 on Monday.
- Analysts at JP Morgan initiated coverage on Genesee & Wyoming Inc (NYSE:GWR) with an Overweight rating. The price target for Genesee & Wyoming is set to $100. Genesee & Wyoming shares closed at $82.61 on Monday.
- Analysts at Noble Financial initiated coverage on Albany International Corp. (NYSE:AIN) with a Hold rating. Albany International shares closed at $63.25 on Monday.
- Goldman Sachs initiated coverage on Canadian Solar Inc. (NASDAQ:CSIQ) with a Neutral rating. The price target for Canadian Solar is set to $19. Canadian Solar shares closed at $17.10 on Monday.
- Analysts at Oppenheimer initiated coverage on Ally Financial Inc (NYSE:ALLY) with an Outperform rating. The price target for Ally Financial is set to $38. Ally Financial shares closed at $29.83 on Monday.
- Analysts at Guggenheim initiated coverage on Ormat Technologies, Inc. (NYSE:ORA) with a Buy rating. The price target for Ormat Technologies is set to $72. Ormat Technologies closed at $65.25 on Monday.
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.