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  • Daily Stock Ideas – October 5, 2021

    • Lordstown Motors (RIDE) – The stock was downgraded to Underweight (the equivalent of a sell ratings) by an analyst at Morgan Stanley. The analyst set a $2 price target on Lordstown shares.
    • Ralph Lauren (RL) – An analyst at Wedbush initiated coverage on Ralph Lauren with an Outperform rating (the equivalent of a buy) and $137 price target.
    • ChemoCentryx (CCXI) – The FDA is expected to rule this week on the company’s New Drug Application for its vasculitis treatment candidate. 
    • Annovis Bio (ANVS) – Shares were up 7% following an exclusive Benzinga Pro report on the company’s Phase 2 data for its Parkinson’s drug candidate. Company CEO, Maria MacCecchini, will appear on Benzinga’s “Power Hour” YouTube show Tuesday at 12:15 p.m. EDT.
    • Progenity (PROG) – The fifth most-searched ticker on Benzinga Pro over the last 24 hours.
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