Rivian Stock Catches Downgrade. Demand Is The Issue.
Thursday, Wolfe Research analyst Rod Lache downgraded Rivian stock to Hold from Buy. Lache doesn’t have price targets for Hold-rated stocks.
Source: marketwatch.com
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Apple Stock Is Getting Bashed in 2024. It Gets Downgraded Again.
The ratings cut from Piper Sandler follows one from Barclays earlier this week.
Source: marketwatch.com
Coinbase Stock Wobbles as Analyst Warns Gains From Bitcoin ETFs Might Disappoint
Coinbase Glonal stock has taken off on hope that the launch of ETFs tied to the spot price of Bitcoin might boost revenue.
Source: marketwatch.com
Retail Stocks Are Starting 2024 in a Slump. Why That Might Not Last.
Retail stocks have had a painful start to 2024. Analysts say the first half of the year could be tough, but later in 2024 could see a sector rally.
Source: marketwatch.com
Verizon Stock Jumps on Wall Street Upgrade
Wall Street's deluge of upgrades and downgrades stampede is shaping the early 2024 action for a number of stocks–most notably Apple, Moderna and Verizon.
Source: marketwatch.com