Last Updated on March 27, 2023 by Bitfinsider
Caterpillar — Shares fell 1.2% after Baird demoted the equipment company to underperform, citing possible challenges from a “significant slowing” in new small and medium-sized nonresidential projects in 2024 as a result of continuing strife with regional bank lenders.
KeyCorp — Shares gained 6.8% after Citi raised the shares from neutral to buy. Citi analyst Keith Horowitz set a price objective of $20 on KeyCorp, implying that the stock has gained 68.6% since Friday’s end.
Dish Network — Shares of the satellite business dropped 2.5% after a class-action lawsuit was filed against the company by Dish owners who bought equity between February 22, 2023 and February 27, 2023. According to the complaint, Dish exaggerated its efficiency and infrastructure capabilities following a widespread network failure caused by a cybercrime attack last month. Year to date, the stock is down nearly 38%.
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