Benzinga | Oct 5, 2021 09:17AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Oct. 5, 2021: RIDE, RL, CCXI, ANVS, PROG

Today's 5 Stock Ideas:

* 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.