Teva Pharmaceutical, Urban Outfitters Upgraded
February 12 2024 - 9:13AM
IH Market News
Shares of Teva Pharmaceutical (NYSE:TEVA) are seeing significant
pre-market strength after Piper Sandler upgraded its rating on the
pharmaceutical company to Overweight from Neutral.
Retailer Urban Outfitters (NASDAQ:URBN) may also move to the
upside after UBS upgraded its rating on the company’s stock to
Neutral from Sell.
On the other hand, shares of Big Lot (NYSE:BIG) are plunging in
pre-market trading after Loop Capital downgraded its rating on the
discount retailer to Sell from Hold.
Electric vehicle maker Rivian Automotive (NASDAQ:RIVN) may also
come under pressure after Barclays downgraded its rating on the
company’s stock to Equal Weight from Overweight.
Rivian Automotive (NASDAQ:RIVN)
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