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
- For Safe Bulkers Inc (NYSE:SB), DNB Markets upgraded the previous rating of Hold to the current rating Buy. For the first quarter, Safe Bulkers had an EPS of ($0.13), compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $2.25 and a 52-week-low of $0.74. At the end of the last trading period, Safe Bulkers closed at $1.21.
- According to SunTrust Robinson Humphrey, the prior rating for Tenable Holdings Inc (NASDAQ:TENB) was changed from Hold to Buy. For the second quarter, Tenable Holdings had an EPS of $0.04, compared to year-ago quarter EPS of ($0.10). The current stock performance of Tenable Holdings shows a 52-week-high of $32.15 and a 52-week-low of $16.28. Moreover, at the end of the last trading period, the closing price was at $30.37.
- B of A Securities upgraded the previous rating for U.S. Xpress Enterprises Inc (NYSE:USX) from Neutral to Buy. In the second quarter, U.S. Xpress Enterprises showed an EPS of $0.18, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $7.63 and a 52-week-low of $2.65. At the end of the last trading period, U.S. Xpress Enterprises closed at $6.78.
- For Zynex Inc (NASDAQ:ZYXI), B. Riley FBR upgraded the previous rating of Neutral to the current rating Buy. In the second quarter, Zynex showed an EPS of $0.09, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $29.73 and a 52-week-low of $7.51. Zynex closed at $18.51 at the end of the last trading period.
- For Arlo Technologies Inc (NYSE:ARLO), Raymond James upgraded the previous rating of Market Perform to the current rating Outperform. Arlo Technologies earned ($0.34) in the first quarter, compared to ($0.47) in the year-ago quarter. The stock has a 52-week-high of $5.13 and a 52-week-low of $1.20. At the end of the last trading period, Arlo Technologies closed at $3.29.
- According to Rosenblatt, the prior rating for Rockwell Automation Inc (NYSE:ROK) was changed from Sell to Neutral. In the third quarter, Rockwell Automation showed an EPS of $1.27, compared to $2.40 from the year-ago quarter. The stock has a 52-week-high of $230.93 and a 52-week-low of $115.38. At the end of the last trading period, Rockwell Automation closed at $222.25.
- For Quest Diagnostics Inc (NYSE:DGX), KeyBanc upgraded the previous rating of Sector Weight to the current rating Overweight. For the second quarter, Quest Diagnostics had an EPS of $1.42, compared to year-ago quarter EPS of $1.73. At the moment, the stock has a 52-week-high of $131.81 and a 52-week-low of $73.02. Quest Diagnostics closed at $123.50 at the end of the last trading period.
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Downgrades
- For Align Technology Inc (NASDAQ:ALGN), Berenberg downgraded the previous rating of Buy to the current rating Hold. Align Tech earned ($0.35) in the second quarter, compared to $1.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $326.36 and a 52-week-low of $127.88. Align Tech closed at $299.11 at the end of the last trading period.
- For Armstrong World Industries Inc (NYSE:AWI), Evercore ISI Group downgraded the previous rating of In-Line to the current rating Underperform. Armstrong World Indus earned $0.75 in the second quarter, compared to $1.27 in the year-ago quarter. The current stock performance of Armstrong World Indus shows a 52-week-high of $111.46 and a 52-week-low of $62.03. Moreover, at the end of the last trading period, the closing price was at $72.00.
- For National CineMedia Inc (NASDAQ:NCMI), Wedbush downgraded the previous rating of Outperform to the current rating Neutral. National CineMedia earned ($0.05) in the first quarter, compared to ($0.01) in the year-ago quarter. At the moment, the stock has a 52-week-high of $9.85 and a 52-week-low of $1.62. National CineMedia closed at $2.94 at the end of the last trading period.
- Raymond James downgraded the previous rating for Sonos Inc (NASDAQ:SONO) from Strong Buy to Market Perform. In the second quarter, Sonos showed an EPS of ($0.48), compared to ($0.22) from the year-ago quarter. The current stock performance of Sonos shows a 52-week-high of $17.83 and a 52-week-low of $6.58. Moreover, at the end of the last trading period, the closing price was at $16.45.
- According to RBC Capital, the prior rating for T-Mobile US Inc (NASDAQ:TMUS) was changed from Outperform to Sector Perform. In the first quarter, T-Mobile US showed an EPS of $1.10, compared to $1.06 from the year-ago quarter. The stock has a 52-week-high of $111.58 and a 52-week-low of $63.50. At the end of the last trading period, T-Mobile US closed at $104.52.
- According to Benchmark, the prior rating for Seagate Technology PLC (NASDAQ:STX) was changed from Buy to Hold. For the fourth quarter, Seagate Technology had an EPS of $1.20, compared to year-ago quarter EPS of $0.86. At the moment, the stock has a 52-week-high of $64.17 and a 52-week-low of $39.02. Seagate Technology closed at $48.57 at the end of the last trading period.
- Bernstein downgraded the previous rating for ASML Holding NV (NASDAQ:ASML) from Outperform to Market Perform. ASML Holding earned $1.97 in the second quarter, compared to $1.27 in the year-ago quarter. The stock has a 52-week-high of $402.87 and a 52-week-low of $191.25. At the end of the last trading period, ASML Holding closed at $376.36.
Initiations
- Oppenheimer initiated coverage on Bill.com Holdings Inc (NYSE:BILL) with an Outperform rating. The price target for Bill.com Holdings is set to $103.00. In the first quarter, Bill.com Holdings earned ($0.04). The current stock performance of Bill.com Holdings shows a 52-week-high of $97.84 and a 52-week-low of $23.61. Moreover, at the end of the last trading period, the closing price was at $85.05.
- With a current rating of Outperform, Credit Suisse initiated coverage on Flexion Therapeutics Inc (NASDAQ:FLXN). The price target seems to have been set at $19.00 for Flexion Therapeutics. Flexion Therapeutics earned ($0.95) in the first quarter, compared to ($1.09) in the year-ago quarter. The current stock performance of Flexion Therapeutics shows a 52-week-high of $22.98 and a 52-week-low of $5.01. Moreover, at the end of the last trading period, the closing price was at $12.49.
- Evercore ISI Group initiated coverage on Principia Biopharma Inc (NASDAQ:PRNB) with an Outperform rating. The price target for Principia Biopharma is set to $130.00. In the first quarter, Principia Biopharma showed an EPS of ($0.99), compared to ($0.57) from the year-ago quarter. At the moment, the stock has a 52-week-high of $94.91 and a 52-week-low of $25.35. Principia Biopharma closed at $84.39 at the end of the last trading period.
- With a current rating of Buy, Deutsche Bank initiated coverage on T-Mobile US Inc (NASDAQ:TMUS). The price target seems to have been set at $140.00 for T-Mobile US. For the first quarter, T-Mobile US had an EPS of $1.10, compared to year-ago quarter EPS of $1.06. The current stock performance of T-Mobile US shows a 52-week-high of $111.58 and a 52-week-low of $63.50. Moreover, at the end of the last trading period, the closing price was at $104.52.
- Guggenheim initiated coverage on Protara Therapeutics Inc (NASDAQ:TARA) with a Buy rating. The price target for Protara Therapeutics is set to $50.00. Protara Therapeutics earned ($1.81) in the first quarter, compared to ($0.58) in the year-ago quarter. At the moment, the stock has a 52-week-high of $67.08 and a 52-week-low of $19.22. Protara Therapeutics closed at $27.45 at the end of the last trading period.
- HC Wainwright & Co. initiated coverage on argenx SE (NASDAQ:ARGX) with a Neutral rating. The price target for argenx is set to $272.00. In the first quarter, argenx showed an EPS of ($2.06), compared to $0.19 from the year-ago quarter. At the moment, the stock has a 52-week-high of $272.74 and a 52-week-low of $103.75. argenx closed at $253.23 at the end of the last trading period.
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.