Check out the companies making headlines before the bell. Dollar Tree — Shares of the discount retailer popped nearly 2% after JPMorgan upgraded them to overweight from neutral. The bank cited higher profitability and a larger total addressable market as potential tailwinds. American Airlines — The airline stock added 1.5% following an upgrade to buy from neutral at Citi. “North America’s network carriers’ diversified revenue streams and solid demand for premium cabin offerings appear to provide them with superior positioning in this post-pandemic environment,” wrote analyst Stephen Trent. Flywire — The fintech stock added 4% in light trading following an upgrade by Morgan Stanley to overweight. The bank said it is confident Flywire can sustain growth rates. Beam Therapeutics — Shares popped 5.5% after JPMorgan upgraded the biotech company to overweight from neutral. The bank acknowledged the stock’s trading price as an attractive entry point, especially given the company’s strong balance sheet, streamlined pipeline and BEAM-302 gene therapy which could take advantage of a $12 billion commercial opportunity. Zim Integrated Shipping Services — Shares of the international shipping company soared 9% following an upgrade to buy from hold at Jefferies. “ZIM’s high spot, high cost and high leverage platform was a major concern in a period of low freight rates, but it now provides substantial upside given the rise in spot rates,” wrote analyst Omar Nokta. Hershey — The chocolate stock added 1.4% following an upgrade to outperform from market perform at AllianceBernstein. As catalysts for the change, the investment firm cited tailwinds such as improving market share and volume trends, continued strong top-line growth and an attractive valuation. Warner Bros Discovery — Shares slid 1.6% after Wells Fargo downgraded the media and entertainment company to equal weight from overweight. Analyst Steven Cahall cited higher amortization, a less favorable M & A…
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