![]() Meanwhile, Morgan Stanley boosts its price target. Meta Platforms rises 1.4% as Cowen upgrades its rating to outperform from market perform, citing factors including Threads monetization optionality.LL Flooring tumbles 4.9% as Loop Capital downgrades to sell from hold, writing that the company faces a tough macroeconomic environment, with declining home sales and interest rates likely to rise.double-upgraded the company’s recommendation to buy from sell saying that strong interim results from a mid-stage trial “look to breathe new, longer life to the franchise.” ![]() Intercept Pharmaceuticals gains 9.6% after HC Wainwright & Co.Analysts saw the update as disappointing, with Stephens noting that it raised a “variety of questions.” Cryoport shares plummet 29% after the cryogenic storage firm reported preliminary second-quarter revenue that missed estimates.Coinbase fell as much as 2.1% as Barclays cut its recommendation on the biggest US crypto exchange to underweight from equal-weight, saying the regulatory overhang on the stock is likely to last for some time.Carvana falls 5.8% as JPMorgan cut its recommendation on the used-car retailer to underweight from neutral, saying shares have again disconnected from fundamentals. ![]()
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