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.
Raymond James analyst John Davis maintained Paypal Holdings Inc PYPL with an Outperform and lowered the price target from $340 to $264.
PayPal is trading lower by 0.4% at $204.71.
RBC Capital analyst Rishi Jaluria downgraded Palantir Technologies Inc PLTR from Sector Perform to Underperform and lowered the price target from $25 to $19.
Palantir is trading lower by 2.2% at $23.72.
Deutsche Bank analyst Nicole Deblase upgraded General Electric Company GE from Hold to Buy and raised the price target from $119 to $131.
GE is trading higher by 1% at $111.95.
See Also: General Electric Stock Gaps All The Way Up To Resistance Level
Barclays analyst Tracy Benguigui maintained Lemonade Inc LMND with an Equal-Weight and lowered the price target from $68 to $62.
Oppenheimer analyst Jason Helfstein maintained Lemonade with an Outperform and lowered the price target from $95 to $85.
JMP Securities analyst Andrew Boone maintained Lemonade with a Market Outperform and lowered the price target from $130 to $95.
Lemonade is trading lower by 1.5% at $62.02.
Mizuho analyst Ann Hynes maintained CVS Health Corp CVS with a Buy and raised the price target from $98 to $105.
CVS is trading lower by 0.2% at $92.58.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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