UPDATE: Evercore ISI Downgrades Five Below (FIVE) to In Line
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Pre-Open Stock Movers 03/18: (UPST) (TKAT) (SINO) Higher; (TBIO) (CFRX) (RIDE) Lower (more...)
March 18, 2021 9:31 AM EDTAfter-Hours Stock Movers:
Upstart Holdings. (NASDAQ: UPST) 37% HIGHER; reported Q4 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $86.7 million versus the consensus estimate of $74.06 million. Upstream Worldwide, Inc. sees Q1 2021 revenue of $112-118 million, versus the consensus of $73.78 million. Upstream Worldwide, Inc. sees FY2021 revenue of $500 million, versus the consensus of $354.3 million.
Takung Art Co., Ltd. (NYSE: TKAT) 33% HIGHER; adds to gains as NFT play
Sino-Global Shipping America, Ltd.... More
Five Below (FIVE) PT Raised to $225 at Craig-Hallum
March 18, 2021 9:09 AM EDTCraig-Hallum analyst Jeremy Hamblin raised the price target on Five Below (NASDAQ: FIVE) to $225.00 (from $208.00) while maintaining a Buy rating.... More
Five Below (FIVE) PT Raised to $250 at Jefferies After an 'Exceptional' Quarter
March 18, 2021 9:04 AM EDTJefferies analyst Randal Konik raised the price target on Five Below (NASDAQ: FIVE) to $250.00 (from $235.00) after the company reported 4Q top-line results that beat Street expectations and low-teens comps that are among the best in retail. Top-line guidaance for 1Q appears >20%... More
Five Below (FIVE) PT Raised to $210 at UBS
March 18, 2021 7:49 AM EDTUBS analyst Michael Lasser raised the price target on Five Below (NASDAQ: FIVE) to $210.00 (from $195.00) while maintaining a Neutral rating.... More
Five Below (FIVE) PT Raised to $252 at Deutsche Bank
March 18, 2021 6:40 AM EDTDeutsche Bank analyst Paul Trussell raised the price target on Five Below (NASDAQ: FIVE) to $252.00 (from $202.00) while maintaining a Buy rating.... More
Five Below (FIVE) PT Raised to $235 at Wells Fargo
March 18, 2021 5:56 AM EDTWells Fargo analyst Edward Kelly raised the price target on Five Below (NASDAQ: FIVE) to $235.00 (from $215.00) while maintaining a Overweight rating.... More
Five Below (FIVE) PT Raised to $233 at JPMorgan
March 18, 2021 5:29 AM EDTJPMorgan analyst Matthew Boss raised the price target on Five Below (NASDAQ: FIVE) to $233.00 (from $208.00) while maintaining a Overweight rating.... More
Five Below (FIVE) PT Raised to $205 at Barclays
March 18, 2021 5:17 AM EDTBarclays analyst Karen Short raised the price target on Five Below (NASDAQ: FIVE) to $205.00 (from $180.00) while maintaining a Equalweight rating.... More
Five Below (FIVE) PT Raised to $230 at Telsey
March 18, 2021 5:06 AM EDTTelsey analyst Joseph Feldman raised the price target on Five Below (NASDAQ: FIVE) to $230.00 (from $220.00) while maintaining a Outperform rating.... More
Five Below (FIVE) PT Raised to $240 at Wolfe Research
March 18, 2021 4:46 AM EDTWolfe Research analyst Greg Badishkanian raised the price target on Five Below (NASDAQ: FIVE) to $240.00 (from $210.00) while maintaining a Outperform rating.... More
Five Below (FIVE) PT Raised to $225 at RBC Capital
March 18, 2021 4:19 AM EDTRBC Capital analyst Scot Ciccarelli raised the price target on Five Below (NASDAQ: FIVE) to $225.00 (from $209.00) while maintaining a Outperform rating.... More
UPDATE: Morgan Stanley Sees 10% Upside to Five Below's (FIVE) New $225 PT
March 18, 2021 3:01 AM EDT(Updated - March 18, 2021 8:09 AM EDT)
Morgan Stanley analyst Simeon Gutman raised the price target on Five Below (NASDAQ: FIVE) to $225.00 (from $220.00) on the belief that there is a path to over $5 in EPS in 2022.
The analyst maintained an Overweight rating, stating... More