24/7 Wall St. has tracked several underwritten secondary offerings of common stock or other instruments that were weighing on the underlying shares on Monday, June 29, 2020.
The top analyst upgrades, downgrades and initiations seen on Friday included AT&T, Adobe, Amazon, BWX Technologies Lam Research, Schlumberger, Oracle and Ulta Beauty.
The top analyst upgrades, downgrades and initiations seen on Tuesday included Cisco Systems, Duke Energy, Goodyear, Illumina, Kinder Morgan, Micron Technology, Pfizer and Tencent Music.
Eight companies are looking to make their first entry into the U.S. public markets next week. The combined capital sought totals $2.1 billion.