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.
Atlantic Equities analyst James Cordwell downgraded Alibaba Group Holding Ltd - ADR BABA from Overweight to Neutral and lowered the price target from $185 to $140.
Alibaba is trading higher by 3.9% at $119.53.
Keybanc analyst Michael Turits downgraded Oracle Corporation ORCL from Overweight to Sector Weight.
Oracle is trading lower by 1% at $90.66.
See Also: Cathie Wood Reduces Disney Stake By 25% On Monday Amid Omicron Concerns
Credit Suisse analyst Benjamin Chaiken maintained Carnival Corp CCL with an Outperform and lowered the price target from $41 to $38.
Goldman Sachs analyst Stephen Grambling maintained Carnival with a Neutral and lowered the price target from $24 to $21.
Carnival is trading higher by 5.1% at $19.86.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.