The Latest Breaking News from Oppenheimer

Coinbase Global, Inc (NASDAQ: COIN) gapped up over 2% after rising over 4% intraday on Tuesday but immediately sold off, falling toward Tuesday’s low-of-day within the first 30 minutes of Wednesday's market open.

A whale with a lot of money to spend has taken a noticeably bearish stance on Costco Wholesale. Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 30 strange trades.

Oppenheimer has decided to maintain its Outperform rating of BioCryst Pharmaceuticals (NASDAQ:BCRX) and lower its price target from $20.00 to $16.00. Shares of BioCryst Pharmaceuticals are trading down 1.62% over the last 24 hours, at $10.94 per share.

Oppenheimer analyst Brian Schwartz upgraded Zeta Global Holdings Corp (NYSE:ZETA) to Outperform from Perform with a $20 price target (49.5% upside).  Zeta is an omnichannel data-driven cloud platform offering enterprises with consumer intelligence and marketing automation software.  Schwartz saw a "substantial upside from current prices" based on valuation, improving fundamentals, and transparency.  Zeta's revenue growth…

Upgrades

Oppenheimer analyst Brian Nagel upgraded Tractor Supply Co (NASDAQ:TSCO) to Outperform from Perform with a $270 price target, implying a 16.1% upside. The analyst notes Tractor Supply's model strengthened through the COVID-19 crisis. Nagel specifies that macro tailwinds like soaring fuel prices and demographic shifts as the reasons for the upgrade. Also Read: Tractor Supply Q4…

Coinbase Global Inc (NASDAQ: COIN) has hidden value that is yet to be realized through its Ventures business, according to Oppenheimer analysts, CoinDesk reported on Monday.

Shares of adtech companies fell on Wednesday morning on a report that Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google will stop cross-app tracking on Android phones, following a similar move by Apple Inc (NASDAQ:AAPL).  "We don't think there should be a forced choice between privacy and developers building their business," Anthony Chavez, VP of product management for Android…

Analysts had mixed opinions on Alteryx Inc (NYSE:AYX) post Q4 beat. Alteryx is a software company that provides self-service data analytics software. Oppenheimer analyst Ittai Kidron lowered the firm's price target on Alteryx to $85 from $105 (62.9% upside) to reflect multiple realignments while keeping an Outperform rating on the shares.  The analyst notes Alteryx's Q4…