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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.
Bernstein analyst Cherry Leung initiated coverage on DiDi Global Inc - ADR (NYSE:DIDI) with an Outperform rating an a price target of $6.20.
DiDi Global is trading higher by 1.8% at $4.06.
Barclays analyst Ramsey El-Assal maintained Affirm Holdings Inc (NASDAQ:AFRM) with an Overweight and lowered the price target from $105 to $65.
Affirm is trading lower by 3.3% at $45.00.
CICC initiated coverage on Zoom Video Communications Inc (NASDAQ:ZM) with an Outperform rating and a price target of $182.92.
Zoom is trading lower by 0.8% at $140.25.
Raymond James analyst John Ransom downgraded CVS Health Corp (NYSE:CVS) from Strong Buy to Outperform and raised the price target from $115 to $120.
CVS Health is trading lower by 1.7% at $102.51.