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.
Upgrades
- B of A Securities upgraded the stock for General Electric Co (NYSE:GE) from Neutral to Buy. For the fourth quarter, General Electric had an EPS of $0.21, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $12.23 and a 52-week-low of $7.65. General Electric's stock last closed at $11.74 per share.
- For Crane Co (NYSE:CR), Buckingham upgraded the stock from Neutral to Buy. Crane earned $1.58 in the fourth quarter, compared to $1.58 in the year-ago quarter. The stock has a 52-week-high of $91.23 and a 52-week-low of $72.57. Crane's stock last closed at $85.41 per share.
- B of A Securities upgraded the stock for BorgWarner Inc (NYSE:BWA) from Neutral to Buy. For the third quarter, BorgWarner had an EPS of $0.96, compared to year-ago quarter EPS of $1.00. The stock has a 52-week-high of $46.60 and a 52-week-low of $30.71. BorgWarner's stock last closed at $35.48 per share.
- Maxim Group upgraded the stock for Apple Inc (NASDAQ:AAPL) from Sell to Hold. For the first quarter, Apple had an EPS of $4.99, compared to year-ago quarter EPS of $4.18. The stock has a 52-week-high of $323.33 and a 52-week-low of $153.66. Apple's stock last closed at $317.69 per share.
- RBC Capital upgraded the stock for Repsol SA (OTC:REPYF) from Underperform to Outperform. The stock has a 52-week-high of $17.80 and a 52-week-low of $13.85. Repsol's stock last closed at $14.68 per share.
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Downgrades
- For IPG Photonics Corp (NASDAQ:IPGP), Stifel Nicolaus downgraded the stock from Buy to Hold. For the third quarter, IPG Photonics had an EPS of $1.07, compared to year-ago quarter EPS of $1.84. The stock has a 52-week-high of $182.17 and a 52-week-low of $113.67. IPG Photonics's stock last closed at $136.69 per share.
- Alembic Global changed the rating for Lockheed Martin Corp (NYSE:LMT) from Overweight to Neutral. Lockheed Martin earned $5.29 in the fourth quarter, compared to $4.39 in the year-ago quarter. The stock has a 52-week-high of $438.99 and a 52-week-low of $281.00. Lockheed Martin's stock last closed at $437.21 per share.
- Needham downgraded the stock for Capri Holdings Ltd (NYSE:CPRI) from Buy to Hold. For the second quarter, Capri Holdings had an EPS of $1.16, compared to year-ago quarter EPS of $1.27. The stock has a 52-week-high of $50.00 and a 52-week-low of $25.25. Capri Holdings's stock last closed at $32.69 per share.
- For Caleres Inc (NYSE:CAL), Needham downgraded the stock from Buy to Hold. For the third quarter, Caleres had an EPS of $0.78, compared to year-ago quarter EPS of $0.81. The stock has a 52-week-high of $32.28 and a 52-week-low of $14.30. Caleres's stock last closed at $19.90 per share.
Initiations
- Benchmark initiated coverage on Canadian National Railway Co (NYSE:CNI) with a Hold rating. In the fourth quarter, Canadian National Railway showed an EPS of $0.96, compared to $1.13 from the year-ago quarter. The stock has a 52-week-high of $96.53 and a 52-week-low of $80.95. Canadian National Railway's stock last closed at $94.01 per share.
- Craig-Hallum initiated coverage on Grocery Outlet Holding Corp (NASDAQ:GO) with a Buy rating. The price target for Grocery Outlet Holding is set at $47.00. In the third quarter, Grocery Outlet Holding showed an EPS of ($0.57), compared to ($4.56) from the year-ago quarter. The stock has a 52-week-high of $47.57 and a 52-week-low of $27.75. Grocery Outlet Holding's stock last closed at $33.50 per share.
- Gordon Haskett initiated coverage on TJX Companies Inc (NYSE:TJX) with a Hold rating. TJX Companies earned $0.68 in the third quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of $63.03 and a 52-week-low of $48.19. TJX Companies's stock last closed at $61.30 per share.
- Gordon Haskett initiated coverage on Ross Stores Inc (NASDAQ:ROST) with an Accumulate rating. Ross Stores earned $1.03 in the third quarter. The stock has a 52-week-high of $122.62 and a 52-week-low of $88.31. Ross Stores's stock last closed at $114.48 per share.
- Cantor Fitzgerald initiated coverage on Selecta Biosciences Inc (NASDAQ:SELB) with an Overweight rating. The price target for Selecta Biosciences is set at $10.00. For the third quarter, Selecta Biosciences had an EPS of ($0.26), compared to year-ago quarter EPS of ($0.71). The stock has a 52-week-high of $3.66 and a 52-week-low of $1.28. Selecta Biosciences's stock last closed at $2.86 per share.
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.