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
- Analysts at Morgan Stanley upgraded Tesla Motors Inc (NASDAQ: TSLA) from Equal-Weight to Overweight. Tesla shares rose 4.25 percent to $248.50 in pre-market trading.
- Longbow Research upgraded Cummins Inc. (NYSE: CMI) from Neutral to Buy. Cummins shares rose 0.71 percent to close at $139.90 on Wednesday.
- Analysts at Scotiabank upgraded CSX Corporation (NASDAQ: CSX) from Sector Perform to Sector Outperform. CSX shares climbed 17.27 percent to $43.25 in pre-market trading.
- Bernstein upgraded Hilton Worldwide Holdings Inc (NYSE: HLT) from Market Perform to Outperform. Hilton Worldwide shares rose 0.44 percent to $57.20 in pre-market trading.
- Analysts at Evercore ISI Group upgraded Edison International (NYSE: EIX) from Hold to Buy. Edison shares dropped 0.29 percent to close at $72.30 on Wednesday.
- HSBC upgraded Verizon Communications Inc. (NYSE: VZ) from Neutral to Buy. Verizon shares rose 0.48 percent to $52.50 in pre-market trading.
- Macquarie upgraded Netflix, Inc. (NASDAQ: NFLX) from Underperform to Neutral. Netflix shares gained 6.70 percent to $142.19 in pre-market trading.
- UBS upgraded Devon Energy Corp (NYSE: DVN) from Sell to Neutral. Devon Energy shares fell 0.26 percent to close at $46.36 on Wednesday.
- Analysts at Goldman Sachs upgraded Panera Bread Co (NASDAQ: PNRA) from Neutral to Buy. Panera Bread shares rose 1.34 percent to $216.00 in pre-market trading.
- Analysts at UBS upgraded HP Inc (NYSE: HPQ) from Neutral to Buy. HP shares rose 1.51 percent to $14.80 in pre-market trading.
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Top Downgrades
- UBS downgraded Exxon Mobil Corporation (NYSE: XOM) from Neutral to Sell. Exxon Mobil shares fell 0.44 percent to $85.90 in pre-market trading.
- Goldman Sachs downgraded Target Corporation (NYSE: TGT) from Neutral to Sell. Target shares dropped 0.67 percent to $66.40 in pre-market trading.
- Citigroup downgraded ASML Holding NV (ADR) (NASDAQ: ASML) from Buy to Neutral. ASML shares fell 1.24 percent to $121.44 in pre-market trading.
- Jefferies downgraded Autoliv Inc. (NYSE: ALV) from Buy to Hold. Autoliv shares fell 0.46 percent to $113.14 in pre-market trading.
- Bank of America downgraded Kate Spade & Co (NYSE: KATE) from Buy to Neutral. Kate Spade shares fell 1.64 percent to $17.98 in pre-market trading.
- Analysts at Wells Fargo downgraded The Coca-Cola Co (NYSE: KO) from Outperform to Market Perform. Coca-Cola shares fell 0.53 percent to $41.07 in pre-market trading.
- Barclays downgraded Cerner Corporation (NASDAQ: CERN) from Overweight to Equal-Weight. Cerner shares dropped 0.48 percent to close at $52.29 on Wednesday.
- Analysts at Citigroup downgraded United States Steel Corporation (NYSE: X) from Buy to Neutral. United States Steel shares declined 1.52 percent to $34.40 in pre-market trading.
- Analysts at Goldman Sachs downgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) from Neutral to Sell. Ericsson shares dropped 0.85 percent to $5.86 in pre-market trading.
- Bernstein downgraded Dean Foods Co (NYSE: DF) from Outperform to Market Perform. Dean Foods shares dropped 1.03 percent to $21.09 in pre-market trading.
Top Initiations
- Analysts at SunTrust Robinson Humphrey initiated coverage of Rockwell Collins, Inc. (NYSE: COL) with a Hold rating. The price target for Rockwell Collins is set to $101. Rockwell Collins shares closed at $89.60 on Wednesday.
- Analysts at CLSA initiated coverage on Lululemon Athletica inc. (NASDAQ: LULU) with an Underperform rating. The price target for Lululemon is set to $73. Lululemon shares closed at $68.50 on Wednesday.
- Analysts at SunTrust Robinson Humphrey initiated coverage on Heico Corp (NYSE: HEI) with a Buy rating. The price target for Heico is set to $85. Heico shares closed at $77.17 on Wednesday.
- Analysts at HSBC initiated coverage on Comcast Corporation (NASDAQ: CMCSA) with a Buy rating. Comcast shares closed at $72.29 on Wednesday.
- Analysts at CLSA initiated coverage of Nike Inc (NYSE: NKE) with an Underperform rating. The price target for Nike is set to $55. Nike shares closed at $53.27 on Wednesday.
- Analysts at SunTrust Robinson Humphrey initiated coverage on AAR Corp. (NYSE: AIR) with a Buy rating. The price target for AAR is set to $38. AAR shares closed at $31.93 on Wednesday.
- Analysts at CLSA initiated coverage on Under Armour Inc (NYSE: UA) with a Buy rating. The price target for Under Armour is set to $37. Under Armour shares closed at $25.35 on Wednesday.
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.