JHA Action Forum

These are the current Upgrades🟩 for this Monday, the September 18, 2023.

• $AGNC (-1,76 %)
  UBS downgrades from "Neutral" to "Buy", with a Target price of $11.50 (previously $10.50).🟩

• $AIN (-2,24 %)
  TD Cowen Downgrades from "Market Perform" to "Outperform", with a Target price from $106 (previously $100).🟩

• $AYX
  Morgan Stanley downgrades from "Equalweight" to "Overweight", with no change in price target.🟩

• $BCRX (-4,05 %)
  RBC Capital downgrades from "Sector Perform" to "Outperform", with a Target Price from $10 (previously $9).🟩

• $CVNA (-1,91 %)
  Wedbush downgrades from "Underperform" to "Neutral", with a Target Price of $48 (previously $40).🟩

• $DASH (+0,95 %)
  Mizuho Securities downgrades from "Neutral" to "Buy", with a Target price of $105 (previously $90).🟩

• $ESAB (-1,97 %)
  BofA Securities downgrades from "Neutral" to "Buy", with a Target price of $89 (previously $61).🟩

• $IRDM (-1,68 %)
  Deutsche Bank downgrades from "Hold" to "Buy", with no change in price target.🟩

• $JKHY (+0,31 %)
  Northcoast Research downgrades from "Neutral" to "Buy", with a price target of $185.🟩

• $KIM (-1,69 %)
  Mizuho Securities downgrades from "Neutral" to "Buy", with a price target of $20.🟩

• $LHX (-0,69 %)
  Wells Fargo downgrades from "Equal Weight" to "Overweight", with a price target of $209 (previously $204).🟩

• $LMT (-0,89 %)
  Wells Fargo Downgrades from "Underweight" to "Equal Weight", with a Target Price from $440 (previously $433).🟩

• $MU (-3,75 %)
  Deutsche Bank downgrades from "Hold" to "Buy", with a Target price of $85 (previously $65).🟩

• -$NLY (-1,18 %)
  UBS downgrades from "Neutral" to "Buy", with a Target price of $24 (previously $21).🟩

• $ONCT
  H.C. Wainwright downgrades from "Neutral" to "Buy", with a Target price of $2.🟩

• $PB (+0,97 %)
  Hovde Group Downgrades from "Market Perform" to "Outperform".🟩

• $RL (-1,66 %)
  Guggenheim downgrades from "Neutral" to "Buy", with a Target price of $166.🟩

• $SKX (-0,69 %)
  Piper Sandler Downgrades from "Neutral" to "Overweight", with a Target Price of $59 (previously $54).🟩

• $SMPL (-0,02 %)
  Morgan Stanley downgrades from "Equalweight" to "Overweight", with a price target of $40 (previously $37).🟩

• $ZIM (+1,52 %)
  JPMorgan downgrades from "Neutral" to "Overweight", with a price target of $15.40.🟩

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗛𝗲𝗿𝘁𝘇𝘀𝗰𝗵𝗹𝗮𝗴 / 𝗗𝗲𝗿 𝗧𝘄𝗶𝘁𝘁𝗲𝗿-𝗘𝗹𝗼𝗻 / 𝗚𝗮𝘀𝗽𝗿𝗲𝗶𝘀 𝗿𝘂𝗻𝘁𝗲𝗿 / 𝗘𝘀 𝗸𝗮𝗻𝗻 𝗻𝘂𝗿 𝗲𝗶𝗻𝗲𝗻 𝗴𝗲𝗯𝗲𝗻

𝗜𝗣𝗢𝘀 🔔

Hertz - Car rental company Hertz Global Holdings has set the terms for its "re-IPO." Hertz plans to offer 37.1 million shares at $25 to $29 each. They are to be tradable on the Nasdaq under the symbol HTZ. The company generated earnings before interest, taxes, depreciation and amortization (EBITDA) of $860 million in the third quarter.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, AdvanSix ($960 (-2,75 %)), Carlyle Group ($3VU (-2,34 %)), Carriage Services, Inc. ($CSV), Hanesbrands ($HN9 (+1,34 %)), HomeStreet Bank ($HMST), Invitation Homes ($4IV (-0,95 %)), Kennametal Inc. ($KM3 (-2,13 %)), Landstar System ($LDS (-1,1 %)), Macerich ($M6G (-3,79 %)), MetLife ($MWZ (+0,82 %)), Northeast Bank ($NBN (-1,28 %)), Papa John's Pizza ($PP1 (-4,29 %)), Terex ($TXG (-4,54 %)), Westpac ($WBC (+0,27 %)), Webster Bank ($WED (+0,44 %)) and Waste Connections ($UI51 (+1,49 %)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Akasol ($ASL), bet-at-home.com ($ACX (+0 %)), Covestro ($1COV (-0,8 %)), Denki Kagaku Kōgyō ($DIK (-0,8 %)), Fujikura Ltd. ($FJK (-3,86 %)), Henkel ($HEN (-0,36 %)), HolidayCheck ($HOC), Hypoport ($HYQ (+3,28 %)), International Flavors & Fragrances ($IFF (-2,21 %)), Isuzu ($ISUZY), Jack Henry & Associates ($JHY (+0,31 %)), Nippon Kayaku ($NP7 (+4,79 %)), PayPal ($2PP (-0,29 %)), PhosAgro ($P6SG), Softbank ($SFT (+1,45 %)), Teijin ($TIJ (-1,75 %)) and Yamaha Motor ($YMA (-0,42 %)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Elon - Tesla($TL0 (-6,59 %))-founder Elon Musk has let his fans vote on Twitter whether he should sell ten percent of his Tesla shares. Most recently, the 50-year-old faced calls to pay more taxes to help solve the world's problems. Of just over 3.5 million users, 58 percent voted in favor of a sale. This would make the block of shares to be sold worth around $20 billion currently. Based on this vote, the Tesla share price slumped by an interim 8.47 percent to EUR 965.66.

Gazprom ($GAZ) - After several months of energy crisis and rising prices, the Russian gas company is now supplying gas to Germany and Austria again under pressure from Putin. The Gazprom Vice-Chairman also stated that Russia had no interest in such high gas prices, as this would accelerate the transition of renewable energies in Europe.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Shiba Inu ($SHIB) - The co-founder and creator of Dogecoin, the origin of all meme coins, explicitly distanced himself from Shiba Inu last Sunday. He also emphasized that he himself is also not a holder of the comparatively new meme coin. Before that, various theories circulated that he could be involved in the project.

New York - The newly elected mayor of the city of New York is seamlessly following up on his bullish statements on the topic of cryptocurrencies. Thus, he stated in an interview on Sunday that especially in schools should be taught about blockchain technology, about cryptocurrencies and about the new opportunities associated with them. Despite the clear attitude of the mayor, he still believes that the implementation of digital currency in the real world should not be rushed, but should be realized with intelligence and accuracy.

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