After-Hours Stock Movers 07/27: (LKFN) (TENB) (MAT) Higher; (TDOC) (CAKE) (CSGP) Lower (more...)

Lakeland Financial (LKFN) to Join S&P SmallCap 600 Index on August 3, 2021

Lakeland Financial Corporation (Nasdaq: LKFN), parent company of Lake City Bank, will be added to the S&P SmallCap 600 Index after the close of trading on Tuesday, August 3, 2021.

David M. Findlay, President and Chief Executive Officer stated, We are honored to be added to the S&P SmallCap 600 Index. Our inclusion in the index reflects the success of our long-term shareholder value creation strategy. The Lake City Bank team is proud of our unwavering focus on taking care of our communities,... More

Teladoc (TDOC) Falls 6% on Growing Losses and Weak Guidance to Prompt a Downgrade to 'Hold' at Deutsche Bank

Shares of Teladoc Health (NYSE: TDOC) are down more than 6% in todays trading session after the company presented disappointing Q2 results.

The company reported a loss of $0.86 per share while the surveyed analysts were expecting a loss of just $0.53 per share. Losses have more than doubled compared to $0.34 a year ago. Revenue grew 109% year-over-year to $503 million.

Teladoc Health delivered a strong second quarter, marked by exciting new client wins, product launches, and tremendous progress on our quest to be the category-defining provider of whole person virtual care, said Jason Gorevic, chief executive... More

CoStar Group (CSGP) PT Lowered to $105 at Needham & Company

Needham & Company analyst Mayank Tandon lowered the price target on CoStar Group (NASDAQ: CSGP) to $105.00 (from $110.00) while maintaining a Buy rating.

The analyst commented, "CSGP posted solid 2Q results, beating estimates across the board. Net new sales were strong and came... More

Tenable (TENB) PT Raised to $58 at Needham & Company

Needham & Company analyst Mike Cikos raised the price target on Tenable (NASDAQ: TENB) to $58.00 (from $51.00) while maintaining a Buy rating.

The analyst commented, "Tenable reported a strong quarter that exceeded estimates on every metric. The results combined with low investor expectations to... More

Tenable (TENB) PT Raised to $60 at Stifel

Stifel analyst Brad Reback raised the price target on Tenable (NASDAQ: TENB) to $60.00 (from $55.00) while maintaining a Buy rating.

The analyst commented, "Post the 7/27 close, Tenable reported 2Q21 results that exceeded consensus expectation across all financial metrics. Current billings expanded... More

Alphabet (GOOGL) PT Raised to $3,000 at Stifel

Stifel analyst Scott Devitt raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,700.00) while maintaining a Buy rating.

The analyst commented, "Alphabet reported impressive 2Q results that meaningfully exceeded Street expectations across all key metrics. 2Q revenue growth accelerated to +57% y/y... More

Alphabet (GOOGL) PT Raised to $3,200 at Needham & Company

Needham & Company analyst Laura Martin raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $2,700.00) while maintaining a Buy rating.

The analyst commented, "GOOGL reported 2Q21 revenue of $61.9B, (up 62% y/y and 17% above our estimate), OIBDA of $26.1B up 102% y/y and 38%... More

Alphabet (GOOGL) PT Raised to $3,200 at Raymond James

Raymond James analyst Aaron Kessler raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $2,750.00) while maintaining an Outperform rating.

The analyst commented, "Alphabet reported 2Q21 results solidly above-consensus with total FX-neutral revenue +57% y/y driven by strong performance across Search (+68% y/y), YouTube... More

Mattel Inc. (MAT) PT Raised to $32 at DA Davidson

DA Davidson analyst Linda Bolton Weiser raised the price target on Mattel Inc. (NASDAQ: MAT) to $32.00 (from $28.50) while maintaining a Buy rating.

The analyst commented, "MAT reported a big 2Q21 upside surprise, with sales +40% and +19% vs. 2Q19, reflecting double-digit POS growth and more retail... More

Boyd Gaming (BYD) PT Raised to $88 at Stifel

Stifel analyst Steven M. Wieczynski raised the price target on Boyd Gaming (NYSE: BYD) to $88.00 (from $82.00) while maintaining a Buy rating.

The analyst commented, "Exiting the quarter, we are materially raising our core EBITDAR estimates for 2021-2023. 2Q21 results were substantially better than... More

Starbucks (SBUX) PT Raised to $126 at Guggenheim

Guggenheim analyst Gregory Francfort raised the price target on Starbucks (NASDAQ: SBUX) to $126.00 (from $125.00) while maintaining a Neutral rating.

The analyst commented, "Starbucks reported a solid 3Q print with $1.01 of EPS beating our $0.80 estimate. While U.S. comps of +84% were solid,... More