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.
Goldman Sachs analyst Michael Ng initiated coverage on Upstart Holdings Inc (NASDAQ: UPST) with a Buy rating and announced a price target of $147.
Upstart Holdings shares are trading higher by 3.3% at $123.95.
JP Morgan analyst Gary Taylor downgraded Clover Health Investments Corp (NASDAQ: CLOV) from Neutral to Underweight and announced a price target of $9.
Clover Health shares are trading lower by 0.8% at $9.20.
BMO Capital analyst Phillip Jungwirth initiates coverage on Exxon Mobil Corporation (NYSE: XOM) with a Market Perform rating and announces a price target of $69.
Exxon Mobil shares are trading lower by 0.9% at $60.71.
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