Thinking About Buying Stock In Moderna, Pinduoduo, Penn National Or Fiverr?

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving.

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.

Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Piper Sandler analyst Edward Tenthoff downgraded Moderna Inc MRNA from Overweight to Neutral and raised the price target from $246 to $445.

Moderna shares are trading lower by 0.7% at $413.23.

Oppenheimer analyst Hartaj Singh downgraded Moderna from Outperform to Perform.

China Renaissance analyst Charlie Chan upgraded Pinduoduo Inc - ADR PDD from Hold to Buy.

Pinduoduo is trading higher by 2.5% at $90.93.

Needham analyst Bernie McTernan maintained Penn National Gaming, Inc PENN with a Buy and lowered the price target from $151 to $115.

Penn National Gaming is trading higher by 0.5% at $72.59.

Needham analyst Bernie McTernan maintained Fiverr International Ltd FVRR with a Buy and lowered the price target from $220 to $200.

Fiverr is trading higher by 1.7% at $178.

See also: How to Buy Moderna MRNA Stock