Benzinga's Top Downgrades


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.


Analysts at Cowen & Company downgraded GrubHub Inc (NYSE: GRUB) from Outperform to Market Perform. The target price for GrubHub has been lowered from $39 to $30. GrubHub shares closed at $33.82 on Friday.Atlantic Morgan Stanley downgraded Ultragenyx Pharmaceutical Inc (NASDAQ: RARE) from Overweight to Equal-weight. The target price for GrubHub has been raised from $77 to $126.Ultragenyx Pharmaceutical shares closed at $131.36 on Friday.Analysts at JP Morgan downgraded Omnicare, Inc. (NYSE: OCR) from Overweight to Neutral. The target price for Omnicare has been raised from $90 to $98. Omnicare shares closed at $95.26 on Friday. Goldman Sachs downgraded Navistar International Corp (NYSE: NAV) from Neutral to Sell. The target price for Navistar International has been lowered from $22 to $15. Navistar International shares closed at $17.66 on Friday.Analysts at Baird downgraded Biogen Inc (NASDAQ: BIIB) from Outperform to Neutral. The target price for Biogen has been lowered from $480 to $316. Biogen shares closed at $300.03 on Friday.Natixis downgraded Foresight Energy LP (NYSE: FELP) from Buy to Neutral. The target price for Foresight Energy has been lowered from $19 to $12. Foresight Energy shares closed at $8.55 on Friday.Analysts at Evercore Partners downgraded Diana Shipping Inc. (NYSE: DSX) from Hold to Sell. Diana Shipping shares closed at $7.51 on Friday.Citigroup downgraded Globant SA (NYSE: GLOB) from Buy to Neutral. The target price for Globant has been raised from $27 to $34. Globant shares closed at $32.92 on Friday.Wells Fargo downgraded DealerTrack Technologies Inc (NASDAQ: TRAK) from Outperform to Market Perform. Dealertrack Technologies shares closed at $61.98 on Friday.Analysts at Raymond James downgraded Clean Harbors Inc (NYSE: CLH) from Outperform to Market Perform. Clean Harbors shares closed at $50.41 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.


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