Novo Nordisk, Coinbase, Carvana: Trending Tickers
03/08/2024 22:46
Shares of Novo Nordisk (NVO) are trading lower after CEO Lars Fruergaard Jørgensen warns that weight loss drug prices could fall as more people seek treatment. The company, however, surpassed the "Magnificent 7" giant Tesla (TSLA) in market cap on Thursday. Coinbase (COIN) stock is moving higher as the company received an upgrade from Goldman Sachs from Sell to Neutral, lifting its price target to $282 per share. The firm cites the company's commitment to consistent profitability and the jump in the price of bitcoin (BTC-USD). Shares of Carvana (CVNA) are jumping as RBC upgraded the stock from Under Perform to Sector Perform, raising the price target from $45 to $90. The firm claims that investors underestimate the potential cash generation per car, a potential catalyst for the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Shares of Novo Nordisk (NVO) are trading lower after CEO Lars Fruergaard Jørgensen warns that weight loss drug prices could fall as more people seek treatment. The company, however, surpassed the "Magnificent 7" giant Tesla (TSLA) in market cap on Thursday.
Coinbase (COIN) stock is moving higher as the company received an upgrade from Goldman Sachs from Sell to Neutral, lifting its price target to $282 per share. The firm cites the company's commitment to consistent profitability and the jump in the price of bitcoin (BTC-USD).
Shares of Carvana (CVNA) are jumping as RBC upgraded the stock from Under Perform to Sector Perform, raising the price target from $45 to $90. The firm claims that investors underestimate the potential cash generation per car, a potential catalyst for the company.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino