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
- Citigroup upgraded PG&E Corporation (NYSE:PCG) from Neutral to Buy. PG&E shares rose 7.9 percent to $16.70 in pre-market trading.
- Evercore ISI Group upgraded Taubman Centers, Inc. (NYSE:TCO) from Underperform to In-Line. Taubman Centers shares fell 0.69 percent to close at $50.50 on Friday.
- Citigroup upgraded Freeport-McMoRan Inc (NYSE:FCX) from Neutral to Buy. Freeport-McMoRan shares gained 3.1 percent to $12.66 in pre-market trading.
- SunTrust Robinson Humphrey upgraded Matador Resources Co (NYSE:MTDR) from Hold to Buy. Matador Resources shares rose 5.98 percent to close at $19.31 on Friday.
- JP Morgan upgraded Cosan Ltd (NYSE:CZZ) from Neutral to Overweight. Cosan shares rose 2.74 percent to close at $11.24 on Friday.
- Stephens & Co. upgraded Mcdonald's Corp (NYSE:MCD) from Equal-Weight to Overweight. McDonald's shares gained 0.8 percent to $181.40 in pre-market trading.
- Macquarie upgraded PepsiCo, Inc. (NASDAQ:PEP) from Neutral to Outperform. PepsiCo shares closed at $115.91 on Friday.
- Citigroup upgraded Southern Copper Corp (NYSE:SCCO) from Sell to Buy. Southern Copper shares gained 3.37 percent to close at $32.50 on Friday.
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
- DA Davidson downgraded NCI Building Systems Inc (NYSE:NCS) from Neutral to Underperform. NCI Building shares closed at $7.67 on Friday.
- RBC Capital downgraded Norfolk Southern Corp. (NYSE:NSC) from Sector Perform to Underperform. Norfolk Southern shares closed at $182.87 on Friday.
- Evercore ISI Group downgraded Hilton Hotels Corporation (NYSE:HLT) from Outperform to In-Line. Hilton Worldwide shares fell 0.7 percent to $81.19 in pre-market trading.
- Bank of America downgraded Vipshop Holdings Ltd - ADR (NYSE:VIPS) from Buy to Neutral. Vipshop shares fell 1.1 percent to $6.92 in pre-market trading.
- Nomura downgraded Ulta Beauty Inc (NASDAQ:ULTA) from Buy to Neutral. Ulta Beauty shares closed at $306.36 on Friday.
- Raymond James downgraded Frontier Communications Corp (NASDAQ:FTR) from Market Outperform to Market Perform. Frontier Communications shares fell 5.3 percent to $2.51 in pre-market trading.
- Susquehanna downgraded Chemours Co (NYSE:CC) from Positive to Neutral. Chemours shares fell 1.1 percent to $37.33 in pre-market trading.
- Bank of America downgraded Fang Holdings Ltd (NYSE:SFUN) from Buy to Underperform. Fang Holdings shares closed at $1.51 on Friday.
- Canaccord Genuity downgraded iRobot Corporation (NASDAQ:IRBT) from Buy to Hold. iRobot shares fell 1.9 percent to $117.10 in pre-market trading.
- Stifel Nicolaus downgraded Papa John's Int'l, Inc. (NASDAQ:PZZA) from Hold to Sell. Papa John's shares fell 4.5 percent to $43.21 in pre-market trading.
Top Initiations
- JP Morgan initiated coverage on AutoNation, Inc. (NYSE:AN) with an Underweight rating. The price target for AutoNation is set to $40. AutoNation shares closed at $39.08 on Friday.
- JP Morgan initiated coverage on Lithia Motors Inc (NYSE:LAD) with an Overweight rating. The price target for Lithia Motors is set to $112. Lithia Motors shares closed at $87.97 on Friday.
- Analysts at Oppenheimer initiated coverage on HEXO Corp. (NYSE:HEXO) with an Outperform rating. The price target for HEXO is set to $7. HEXO closed at $5.58 on Friday.
- Analysts at JP Morgan initiated coverage on Group 1 Automotive, Inc. (NYSE:GPI) with an Overweight rating. The price target for Group 1 Automotive is set to $77. Group 1 Automotive shares closed at $61.77 on Friday.
- JP Morgan initiated coverage on Sonic Automotive Inc (NYSE:SAH) with an Underweight rating. The price target for Sonic Automotive is set to $14. Sonic Automotive shares closed at $15.87 on Friday.
- JP Morgan initiated coverage on Asbury Automotive Group, Inc. (NYSE:ABG) with a Neutral rating. The price target for Asbury Automotive is set to $82. Asbury Automotive shares closed at $71.90 on Friday.
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.