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
- Canaccord Genuity upgraded Inseego Corp (NASDAQ:INSG) from Hold to Buy. Inseego shares rose 9.76 percent to $3.60 in pre-market trading.
- B. Riley FBR upgraded Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) from Neutral to Buy. Arrowhead Pharmaceuticals shares gained 25.25 percent to $17.66 in pre-market trading.
- Oppenheimer upgraded Total System Services, Inc. (NYSE:TSS) from Perform to Outperform. Total System Services shares fell 1.63 percent to close at $96.52 on Wednesday.
- JP Morgan upgraded Banco Santander-Chile (ADR) (NYSE:BSAC) from Neutral to Overweight. Banco Santander Chile shares fell 0.19 percent to $29.65 in pre-market trading.
- WBB Securities upgraded Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) from Speculative Buy to Buy. Tetraphase Pharmaceutical shares closed at $3.23 on Wednesday.
- Bank of America upgraded TCF Financial Corporation (NYSE:TCF) from Underperform to Buy. TCF Financial shares rose 0.86 percent to $25.75 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
- Bank of America downgraded Chevron Corporation (NYSE:CVX) from Buy to Neutral. Chevron shares fell 0.65 percent to $118.15 in pre-market trading.
- JP Morgan downgraded Franklin Resources, Inc. (NYSE:BEN) from Neutral to Underweight. Franklin Resources shares rose 0.54 percent to close at $31.42 on Wednesday.
- B. Riley FBR downgraded Sinclair Broadcast Group Inc (NASDAQ:SBGI) from Buy to Neutral. Sinclair Broadcast shares fell 0.87 percent to $28.50 in pre-market trading.
- Bank of America downgraded ConocoPhillips (NYSE:COP) from Buy to Neutral. ConocoPhillips shares fell 0.93 percent to $72.32 in pre-market trading.
- BMO Capital downgraded Southwestern Energy Company (NYSE:SWN) from Outperform to Market Perform. Southwestern Energy shares fell 1.33 percent to $5.21 in pre-market trading.
- Northland Securities downgraded Tilray Inc (NASDAQ:TLRY) from Outperform to Market Perform. Tilray shares fell 7.63 percent to $83.00 in pre-market trading.
Top Initiations
- Piper Jaffray initiated coverage on 2U Inc (NASDAQ:TWOU) with a Neutral rating. The price target for 2U is set to $94. 2U shares closed at $85.51 on Wednesday.
- Analysts at Barclays initiated coverage on Parker-Hannifin Corp (NYSE:PH) with an Overweight rating. The price target for Parker-Hannifin is set to $200. Parker-Hannifin shares closed at $176.56 on Wednesday.
- Berenberg initiated coverage on GasLog Ltd (NYSE:GLOG) with a Buy rating. The price target for GasLog is set to $22. GasLog shares closed at $17.25 on Wednesday.
- Chardan Capital initiated coverage on Irhythm Technologies Inc (NASDAQ:IRTC) with a Buy rating. The price target for Irhythm Technologies is set to $117. Irhythm Technologies shares closed at $93.74 on Wednesday.
- Berenberg initiated Hoegh LNG Partners LP (NYSE:HMLP) with a Hold rating. The price target for Hoegh LNG Partners is set to $19. Hoegh LNG Partners shares closed at $18.60 on Wednesday.
- Roth Capital initiated coverage on Obalon Therapeutics Inc (NASDAQ:OBLN) with a Buy rating. The price target for Obalon Therapeutics is set to $6. Obalon Therapeutics shares closed at $2.91 on Wednesday.
- Analysts at Credit Suisse initiated coverage on Sarepta Therapeutics Inc (NASDAQ:SRPT) with an Outperform rating. The price target for Sarepta Therapeutics is set to $178. Sarepta Therapeutics shares closed at $140.76 on Wednesday.
- Berenberg initiated coverage on Dynagas LNG Partners (NYSE:DLNG) with a Hold rating. The price target for Dynagas LNG Partners is set to $9. Dynagas LNG Partners shares closed at $9.00 on Wednesday.
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.