Verizon Shares Dipped by 1%
The share prices of Verizon have experienced a 1% dip in the premarket trading. The share prices for Verizon experienced a dip after the analysts at Goldman Sachs downgraded its stock status at their end.
The report suggests that the share prices for Verizon were downgraded by the analysts at Goldman Sachs to “neutral”. The analysts at Goldman Sachs talked about the services and the potential Verizon has to offer compared to its major competitors.
The analysts revealed that so far, Verizon has achieved a lot in terms of telecommunication as it has even acquired the 5G technology. However, it doesn’t have a strong user base compared to AT&T, which is currently ruling the market.
Penn National Gaming Shares Surged by 2.8%
The share prices for Penn National Gaming experienced a 2.8% rise in premarket trading. The share prices for Penn National Gaming surged after the analysts at Morgan Stanley reportedly upgraded its stock status.
The analysts at Morgan Stanley have upgraded the stock status of Penn National Gaming to “buy”. Prior to the change, the stock status of Penn National Gaming was at “neutral”.
The analysts have upgraded the status of Penn National Gaming despite its recent bad performance in the first quarter of 2022. According to the analysts, the Score businesses and the Barstool Sports have a lot of potential in the upcoming months and years.
Therefore, the investors must look out for Penn National Gaming and keep a close eye on their stocks.
Warner Bros. Discovery Stocks Dipped by 2.5%
In the premarket trading, the stock prices of Warner Bros. Discovery have experienced a 2.5% plummet. The share prices of Warner Bros. Discovery have experienced a dip after hinting that it may soon shut down its CNN+ service.
It was just a few weeks back when Warner Bros. Discovery had launched the CNN+ service. However, it has now hinted that it may soon be shut down. The investors are already aware of the situation and therefore, they have started making investment moves accordingly.
Deere Stocks Dipped by 3.4%
In the premarket trading, the share prices of Deere ended up experiencing a dip. The data shows that the share prices of Deere went down by 3.4% after the analysts at Bank of America downgraded its stock status.
The report suggests that the stock status for Deere was downgraded by the Bank of America analysts to “neutral”. The analysts at Bank of America shared their remarks about Deere and its future performance.
They predicted that they would want their investors to be very cautious when it comes to making investments in the agricultural equipment and farm economy space. They hinted that the sector may be plagued due to supply chain issues and other problems that may take place on a global scale.