This Chewy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

Roth MKM Maintains AngloGold Ashanti Buy Rating, Lowers Price Target

Analyst Joseph Reagor of Roth MKM has maintained a 'Buy' rating on AngloGold Ashanti while adjusting the price target from $102 to $95.

Is First Trust Materials AlphaDEX ETF (FXZ) a Strong ETF Right Now?

FXZ is a smart beta ETF launched in 2007 that tracks the StrataQuant Materials Index with $371.33 million in assets. The fund has gained 20.02% year-to-date and 28.88% over the past year, with an expense ratio of 0.64% and a 1.34% dividend yield. It holds approximately 40 stocks with heavy exposure to the Materials sector (85.9%), with top holdings including Newmont Corporation, Anglogold Ashanti, and Coeur Mining. The fund carries medium risk with a beta of 1.07 and is presented as a reasonable option for investors seeking to outperform the Materials ETF segment.

Anglogold Ashanti shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and announced a $104 price target.

This Eloxx Pharmaceuticals Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

Analysts initiated coverage: Neutral on RDW, Overweight on ELOX, Buys on SGHT and AU, and Market Perform on FFIN.

This Nu Holdings Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Wednesday

Analysts downgraded NU, BAK, CLLS and CBZ; price targets for NU, BAK and CLLS were cut sharply.

This Cellectis Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Analysts downgraded Banco Santander Brasil, Ribbon Communications, Cellectis, Scholar Rock, with mixed price-target changes.