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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 Pinduoduo Inc (NASDAQ:PDD), B of A Securities upgraded the previous rating of Neutral to the current rating Buy. Pinduoduo earned $0.05 in the third quarter, compared to $0.20 in the year-ago quarter. The current stock performance of Pinduoduo shows a 52-week-high of 138.27 and a 52-week-low of 30.2. Moreover, at the end of the last trading period, the closing price was at $134.21.
- According to Wedbush, the prior rating for Cheesecake Factory Inc (NASDAQ:CAKE) was changed from Neutral to Outperform. For the third quarter, Cheesecake Factory had an EPS of $0.33, compared to year-ago quarter EPS of $0.59. The current stock performance of Cheesecake Factory shows a 52-week-high of 44.66 and a 52-week-low of 14.52. Moreover, at the end of the last trading period, the closing price was at $33.76.
- For Utz Brands Inc (NYSE:UTZ), Piper Sandler upgraded the previous rating of Neutral to the current rating Overweight. Utz Brands earned $0.00 in the third quarter. The stock has a 52-week-high of 19.16 and a 52-week-low of 15.98. At the end of the last trading period, Utz Brands closed at $18.16.
- Baird upgraded the previous rating for Teladoc Health Inc (NYSE:TDOC) from Neutral to Outperform. For the third quarter, Teladoc Health had an EPS of $0.13, compared to year-ago quarter EPS of $0.28. At the moment, the stock has a 52-week-high of 253.0 and a 52-week-low of 75.2. Teladoc Health closed at $186.99 at the end of the last trading period.
- KeyBanc upgraded the previous rating for Extra Space Storage Inc (NYSE:EXR) from Sector Weight to Overweight. In the third quarter, Extra Space Storage showed an EPS of $1.31, compared to $1.24 from the year-ago quarter. The stock has a 52-week-high of 121.07 and a 52-week-low of 72.7. At the end of the last trading period, Extra Space Storage closed at $115.37.
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Downgrades
- For Welltower Inc (NYSE:WELL), Evercore ISI Group downgraded the previous rating of Outperform to the current rating In-Line. Welltower earned $0.84 in the third quarter, compared to $1.05 in the year-ago quarter. The current stock performance of Welltower shows a 52-week-high of 89.99 and a 52-week-low of 24.27. Moreover, at the end of the last trading period, the closing price was at $63.62.
- According to Ladenburg Thalmann, the prior rating for IZEA Worldwide Inc (NASDAQ:IZEA) was changed from Buy to Neutral. At the moment, the stock has a 52-week-high of 3.13 and a 52-week-low of 0.07. IZEA Worldwide closed at $0.81 at the end of the last trading period.
- According to Ladenburg Thalmann, the prior rating for Celsius Holdings Inc (NASDAQ:CELH) was changed from Buy to Neutral. In the third quarter, Celsius Holdings showed an EPS of $0.06, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of 32.75 and a 52-week-low of 3.22. At the end of the last trading period, Celsius Holdings closed at $31.96.
- Loop Capital downgraded the previous rating for Carlisle Companies Inc (NYSE:CSL) from Buy to Hold. Carlisle Companies earned $1.87 in the third quarter, compared to $2.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of 169.86 and a 52-week-low of 97.55. Carlisle Companies closed at $138.94 at the end of the last trading period.
- Citigroup downgraded the previous rating for CMC Materials Inc (NASDAQ:CCMP) from Neutral to Sell. At the moment, the stock has a 52-week-high of 174.87 and a 52-week-low of 85.262. CMC Materials closed at $143.07 at the end of the last trading period.
- Jefferies downgraded the previous rating for Urovant Sciences Ltd (NASDAQ:UROV) from Buy to Hold. Urovant Sciences earned $1.12 in the second quarter, compared to $0.85 in the year-ago quarter. At the moment, the stock has a 52-week-high of 15.98 and a 52-week-low of 6.55. Urovant Sciences closed at $8.28 at the end of the last trading period.
- Morgan Stanley downgraded the previous rating for Palantir Technologies Inc (NYSE:PLTR) from Overweight to Equal-Weight. Interestingly, in the third quarter, Palantir Technologies's EPS was $0.94. The current stock performance of Palantir Technologies shows a 52-week-high of 17.06 and a 52-week-low of 8.9. Moreover, at the end of the last trading period, the closing price was at $14.54.
- For LyondellBasell Industries NV (NYSE:LYB), Bernstein downgraded the previous rating of Outperform to the current rating Market Perform. For the third quarter, LyondellBasell Industries had an EPS of $1.27, compared to year-ago quarter EPS of $2.60. The stock has a 52-week-high of 97.72 and a 52-week-low of 33.71. At the end of the last trading period, LyondellBasell Industries closed at $74.30.
- For Kodiak Sciences Inc (NASDAQ:KOD), Goldman Sachs downgraded the previous rating of Buy to the current rating Neutral. For the third quarter, Kodiak Sciences had an EPS of $0.80, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of 131.01 and a 52-week-low of 20.8062. At the end of the last trading period, Kodiak Sciences closed at $122.63.
- According to Bernstein, the prior rating for Dow Inc (NYSE:DOW) was changed from Outperform to Market Perform. Dow earned $0.50 in the third quarter, compared to $0.91 in the year-ago quarter. The current stock performance of Dow shows a 52-week-high of 56.11 and a 52-week-low of 21.95. Moreover, at the end of the last trading period, the closing price was at $51.05.
Initiations
- RBC Capital initiated coverage on CarParts.com Inc (NASDAQ:PRTS) with an Outperform rating. The price target for CarParts.com is set to $15.00. The current stock performance of CarParts.com shows a 52-week-high of 16.44 and a 52-week-low of 1.04. Moreover, at the end of the last trading period, the closing price was at $10.52.
- Citigroup initiated coverage on BigCommerce Holdings Inc (NASDAQ:BIGC) with a Sell rating. The price target for BigCommerce Holdings is set to $65.00. Interestingly, in the third quarter, BigCommerce Holdings's EPS was $0.16. The stock has a 52-week-high of 162.5 and a 52-week-low of 63.7716. At the end of the last trading period, BigCommerce Holdings closed at $73.32.
- With a current rating of Underperform, Exane BNP Paribas initiated coverage on United Airlines Holdings Inc (NASDAQ:UAL). The price target seems to have been set at $32.00 for United Airlines Holdings. For the third quarter, United Airlines Holdings had an EPS of $8.16, compared to year-ago quarter EPS of $4.07. The stock has a 52-week-high of 93.88 and a 52-week-low of 17.8. At the end of the last trading period, United Airlines Holdings closed at $36.85.
- Exane BNP Paribas initiated coverage on Peloton Interactive Inc (NASDAQ:PTON) with an Outperform rating. The price target for Peloton Interactive is set to $142.00. For the first quarter, Peloton Interactive had an EPS of $0.20, compared to year-ago quarter EPS of $1.19. The current stock performance of Peloton Interactive shows a 52-week-high of 139.75 and a 52-week-low of 17.7. Moreover, at the end of the last trading period, the closing price was at $108.72.
- With a current rating of Neutral, Wedbush initiated coverage on Pure Storage Inc (NYSE:PSTG). The price target seems to have been set at $18.00 for Pure Storage. Pure Storage earned $0.06 in the second quarter, compared to $0.01 in the year-ago quarter. The stock has a 52-week-high of 20.5 and a 52-week-low of 7.93. At the end of the last trading period, Pure Storage closed at $17.39.
- With a current rating of Underperform, Exane BNP Paribas initiated coverage on Planet Fitness Inc (NYSE:PLNT). The price target seems to have been set at $55.00 for Planet Fitness. Planet Fitness earned $0.02 in the third quarter, compared to $0.36 in the year-ago quarter. The current stock performance of Planet Fitness shows a 52-week-high of 88.77 and a 52-week-low of 23.77. Moreover, at the end of the last trading period, the closing price was at $71.72.
- With a current rating of Neutral, Wedbush initiated coverage on NetApp Inc (NASDAQ:NTAP). The price target seems to have been set at $52.00 for NetApp. For the first quarter, NetApp had an EPS of $0.73, compared to year-ago quarter EPS of $0.65. At the moment, the stock has a 52-week-high of 65.38 and a 52-week-low of 34.66. NetApp closed at $47.48 at the end of the last trading period.
- With a current rating of Outperform, Exane BNP Paribas initiated coverage on Vail Resorts Inc (NYSE:MTN). The price target seems to have been set at $312.00 for Vail Resorts. For the fourth quarter, Vail Resorts had an EPS of $3.82, compared to year-ago quarter EPS of $2.22. The current stock performance of Vail Resorts shows a 52-week-high of 300.0 and a 52-week-low of 125.0. Moreover, at the end of the last trading period, the closing price was at $262.90.
- With a current rating of Neutral, Exane BNP Paribas initiated coverage on Manchester United PLC (NYSE:MANU). The price target seems to have been set at $17.00 for Manchester United. In the first quarter, Manchester United showed an EPS of $0.20, compared to $0.03 from the year-ago quarter. The current stock performance of Manchester United shows a 52-week-high of 20.48 and a 52-week-low of 12.06. Moreover, at the end of the last trading period, the closing price was at $15.31.
- Exane BNP Paribas initiated coverage on Southwest Airlines Co (NYSE:LUV) with an Outperform rating. The price target for Southwest Airlines is set to $55.00. For the third quarter, Southwest Airlines had an EPS of $1.99, compared to year-ago quarter EPS of $1.18. At the moment, the stock has a 52-week-high of 58.83 and a 52-week-low of 22.465. Southwest Airlines closed at $41.91 at the end of the last trading period.
- Exane BNP Paribas initiated coverage on JetBlue Airways Corp (NASDAQ:JBLU) with an Underperform rating. The price target for JetBlue Airways is set to $12.00. In the third quarter, JetBlue Airways showed an EPS of $1.75, compared to $0.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of 21.6501 and a 52-week-low of 6.61. JetBlue Airways closed at $13.39 at the end of the last trading period.
- With a current rating of Outperform, Exane BNP Paribas initiated coverage on Delta Air Lines Inc (NYSE:DAL). The price target seems to have been set at $54.00 for Delta Air Lines. In the third quarter, Delta Air Lines showed an EPS of $3.30, compared to $2.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of 62.48 and a 52-week-low of 17.51. Delta Air Lines closed at $34.38 at the end of the last trading period.
- With a current rating of Overweight, Piper Sandler initiated coverage on Chewy Inc (NYSE:CHWY). The price target seems to have been set at $90.00 for Chewy. For the second quarter, Chewy had an EPS of $0.08, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of 74.84 and a 52-week-low of 20.62. Chewy closed at $63.38 at the end of the last trading period.
- Exane BNP Paribas initiated coverage on American Airlines Group Inc (NASDAQ:AAL) with a Neutral rating. The price target for American Airlines Group is set to $13.00. American Airlines Group earned $5.54 in the third quarter, compared to $1.42 in the year-ago quarter. The stock has a 52-week-high of 30.78 and a 52-week-low of 8.25. At the end of the last trading period, American Airlines Group closed at $11.74.
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.