Daily Trade Ideas – January 31, 2022
- Netflix (NFLX) – Shares up premarket. Citigroup upgraded the stock from Neutral to Buy and announced a $450 price target. Also, Co-CEO Reed Hastings bought $20 million of Netflix shares last week.
- BlackBerry (BB) – Shares down premarket. The company announced it agreed to sell its legacy patents for $600 million.
- Ionis Pharmaceuticals (IONS) – Shares down premarket. The company, and Pfizer, announced the discontinuation of the Pfizer-led clinical development program for vupanorsen.
- NXP Semiconductors (NXPI) – The company reports Q4 earnings today after the close.
- Electronic Arts (EA) – The company reports Q3 earnings tomorrow after the close.