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
- Oppenheimer upgraded Nike Inc (NYSE:NKE) from Perform to Outperform. Nike shares rose 0.7 percent to $77.00 in pre-market trading.
- B. Riley FBR upgraded G-III Apparel Group, Ltd. (NASDAQ:GIII) from Neutral to Buy. G-III Apparel shares fell 0.9 percent to $38.48 in pre-market trading.
- Stephens upgraded United Continental Holdings Inc (NASDAQ:UAL) from Equal Weight to Overweight. United Continental shares rose 1.1 percent to $89.40 in pre-market trading.
- Evercore ISI Group upgraded Safe Bulkers, Inc. (NYSE:SB) from In-Line to Outperform. Safe Bulkers shares rose 2.7 percent to $2.65 in pre-market trading.
- RBC Capital upgraded Proteostasis Therapeutics Inc (NASDAQ:PTI) from Sector Perform to Outperform. Proteostasis Therapeutics shares rose 83.6 percent to $3.47 in pre-market trading.
- Oppenheimer upgraded U.S. Bancorp (NYSE:USB) from Perform to Outperform. U.S. Bancorp shares fell 1.2 percent to $52.26 in pre-market trading.
- Goldman Sachs upgraded Fluor Corporation (NYSE:FLR) from Neutral to Conviction Buy. Fluor shares rose 2.1 percent to $47.70 in pre-market trading.
- Deutsche Bank upgraded Northern Trust Corporation (NASDAQ:NTRS) from Hold to Buy. Northern Trust shares rose 0.4 percent to $94.56 in pre-market trading.
- Analysts at Bank of America upgraded Golar LNG Limited (NASDAQ:GLNG) from Neutral to Buy. Golar LNG shares rose 1.1 percent to $28.25 in pre-market trading.
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Top Downgrades
- Evercore ISI downgraded Yum! Brands, Inc. (NYSE:YUM) from Outperform to In Line. Yum! Brands shares fell 1 percent to $90.49 in pre-market trading.
- Morgan Stanley downgraded Wingstop Inc (NASDAQ:WING) from Overweight to Equalweight. Wingstop shares fell 3 percent to $71.75 in pre-market trading.
- Bank of America downgraded Sealed Air Corp (NYSE:SEE) from Buy to Neutral. Sealed Air shares fell 9.6 percent to $31.90 in pre-market trading.
- JP Morgan downgraded Gap Inc (NYSE:GPS) from Neutral to Underweight. Gap shares fell 4.2 percent to $25.98 in pre-market trading.
- Citi downgraded EnLink Midstream Partners LP (NYSE:ENLK) from Buy to Neutral. EnLink Midstream shares dropped 1.7 percent to $18.02 in pre-market trading.
- Bank of America downgraded Union Pacific Corporation (NYSE:UNP) from Buy to Neutral. Union Pacific shares fell 0.6 percent to $149.01 in pre-market trading.
Top Initiations
- Loop Capital initiated coverage on Cummins Inc. (NYSE:CMI) with a Buy rating. The price target for Cummins is set to $170. Cummins shares closed at $146.19 on Wednesday.
- Wedbush initiated coverage on Alphabet Inc (NASDAQ:GOOGL) with an Outperform rating. The price target for Alphabet is set to $1,350. Alphabet shares closed at $1,127.59 on Wednesday.
- Analysts at Baird initiated coverage on Okta Inc (NASDAQ:OKTA) with a Neutral rating. The price target for Okta is set to $65. Okta shares closed at $62.26 on Wednesday.
- Analysts at Oppenheimer initiated coverage on BJs Wholesale Club Holdings Inc (NYSE:BJ) with a Perform rating. BJs Wholesale closed at $23.98 on Wednesday.
- Loop Capital initiated coverage on Echo Global Logistics, Inc. (NASDAQ:ECHO) with a Hold rating. The price target for Echo Global is set to $30. Echo Global shares closed at $26.61 on Wednesday.
- Analysts at Baird initiated coverage on FireEye Inc (NASDAQ:FEYE) with an Outperform rating. The price target for FireEye is set to $22. FireEye shares closed at $17.84 on Wednesday.
- Loop Capital initiated coverage on C.H. Robinson Worldwide Inc (NASDAQ:CHRW) with a Buy rating. The price target for C.H. Robinson is set to $107. C.H. Robinson shares closed at $93.68 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.