stock-market-news - Turbo Option Trading

Upgrades

Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What’s Driving Markets Wednesday?

May 15, 2024 author

The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets. Inflation calculated on the Consumer Price Index (CPI) basket came in at 3.4% year-on-year in April 2024, […]

Downgrades

This Accenture Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Today

May 15, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Deutsche Bank analyst Bryan Keane downgraded the rating on Accenture plc (NYSE:ACN) from Buy to Hold, while slashing the price target from $409 to $295. […]

Upgrades

Boston Beer Company Gets A Spicy Buy Upgrade From Analyst Amid Other Beer Brands – Read Why

May 14, 2024 author

Jefferies analyst Kaumil Gajrawala upgraded Boston Beer Company, Inc (NYSE:SAM) to Buy from Hold, raising the price forecast to $360 from $335. Boston Beer has gone through several boom-bust cycles, but over time, value was created with higher highs and higher lows, the analyst writes. The company’s beer and cider brands continue to decline, in line with the category. Collectively these […]

Upgrades

Ligand Moves to Strong Buy: Rationale Behind the Upgrade

May 14, 2024 author

Investors might want to bet on Ligand Pharmaceuticals (NASDAQ: LGND), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the […]

Downgrades

This Boston Beer Analyst Turns Bullish; Here Are Top 5 Upgrades For Today.

May 14, 2024 author

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Jefferies analyst Kaumil Gajrawala upgraded The Boston Beer Company, Inc. (NYSE:SAM) from Hold to Buy and increased the price target from $335 to $360. Boston […]

Upgrades

All You Need to Know About Henkel AG & Co. Rating Upgrade to Buy

May 13, 2024 author

Henkel AG & Co. (OTC: HENKY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is […]

Upgrades

Virtu Financial Upgraded to Strong Buy: Here’s What You Should Know

May 13, 2024 author

Virtu Financial (NASDAQ: VIRT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a […]

Upgrades

All You Need to Know About Crescent Capital BDC Rating Upgrade to Buy

May 13, 2024 author

Crescent Capital BDC (NASDAQ: CCAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. […]

Upgrades

What Makes Cartesian Therapeutics, Inc. a New Buy Stock

May 13, 2024 author

Cartesian Therapeutics, Inc. (NASDAQ: RNAC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company’s changing […]

Downgrades

Penn Entertainment’s Losses Could Be ‘Higher For Longer,’ Analyst Says

May 13, 2024 author

Penn Entertainment Inc (NASDAQ:PENN) shares rose in early trading on Monday, even after shedding around 3% in premarket trading. The company reported disappointing first-quarter results earlier this month and the ESPN Bet market share is now “too low,” according to BofA Securities. The Penn Entertainment Analyst: Shaun Kelley downgraded the rating for Penn Entertainment from […]

Share this video