After-Hours Stock Movers 06/11: (LPTX) (PLAY) (ADBE) Higher; (PVH) (LULU) Lower (more...)
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- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
MKM Partners Reiterates Buy on Lululemon Athletica Inc. (LULU), Remains Confident in Recovery, Buy the Pullback
June 12, 2020 9:11 AM EDTMKM Partners analyst Roxanne Meyer reiterated a Buy rating and $378.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)
The analyst comments "While LULU's 1Q was significantly better than we were bracing for, owed to a favorable product margin and significantly less fixed cost deleverage than we would have... More
Lululemon Athletica Inc. (LULU) PT Raised to $330 at Baird Following 1Q Report
June 12, 2020 8:58 AM EDTBaird analyst Mark Altschwager raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $330.00 (from $300.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS was near consensus ($0.22 vs. $0.23), boosted by lower taxes. Big picture, revenue (-17%) and EBIT (-75% Y/Y;... More
Adobe (ADBE) PT Raised to $460 at Baird
June 12, 2020 8:47 AM EDTBaird analyst Rob Oliver raised the price target on Adobe (NASDAQ: ADBE) to $460.00 (from $345.00) while maintaining an Outperform rating.
The analyst commented, "Adobe reported solid 2Q20 (May) results, and strength in net new ARR will bekeenly welcomed by investors, while a few headwinds will... More
Adobe (ADBE) PT Raised to $427 at Griffin Securities
June 12, 2020 8:26 AM EDTGriffin Securities analyst Jay Vleeschhouwer raised the price target on Adobe (NASDAQ: ADBE) to $427.00 (from $334.00) while maintaining a Buy rating.
... More