After-Hours Stock Movers 07/29: (ERYP) (TEAM) (MSON) Higher; (PINS) (ZYXI) (AMZN) Lower (more...)

Skyworks Solutions (SWKS) PT Raised to $195 at Susquehanna

Susquehanna analyst Christopher Rolland raised the price target on Skyworks Solutions (NASDAQ: SWKS) to $195.00 (from $190.00) while maintaining a Neutral rating.

Atlassian (TEAM) Surges as Customer Base Soars in FQ4, At Least Six Analyst Raise PTs on Accelerating Cloud Transition

Shares of Atlassian Corporation (NASDAQ: TEAM) are up more than 11% in early Friday trading after the company delivered strong fiscal fourth-quarter earnings.

Atlassian saw its sales rise by 30% after adding over 23,000 customers to deliver revenue of $559.5 million to beat the $524 million expected from surveyed analysts. Earnings per share came in at $0.24 per share to top the $0.18 consensus.

Our Q4 was a ripper of a quarter - as we Aussies say - as we added over 23,000 new customers, grew subscription revenue 50 percent year-over-year, and continued to see cloud momentum build, said Mike Cannon-Brookes,... More

Atlassian Corporation (TEAM) PT Raised to $290 at Cowen

Cowen analyst Derrick Wood raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $290.00 (from $260.00) while maintaining a Market Perform rating.

The analyst commented, "TEAM reported a strong 4Q w/ 30% billings growth above Street of 17%. FY22 guide for low/mid 40% subs... More

Pinterest Inc (PINS) PT Lowered to $65 at Rosenblatt

Rosenblatt analyst Mark Zgutowicz lowered the price target on Pinterest Inc (NYSE: PINS) to $65.00 (from $70.00) while maintaining a Neutral rating.

The analyst commented, "We forecast 21E MAU engagement to trend back to 19 pre-COVID levels and a modest return to growth in 22E.... More

Amazon.com (AMZN) PT Lowered to $5,000 at Susquehanna

Susquehanna analyst Shyam Patil lowered the price target on Amazon.com (NASDAQ: AMZN) to $5,000.00 (from $5,500.00) while maintaining a Positive rating.

The analyst commented, "Reopenings have shifted consumer shopping habits more toward offline, leading to a readjustment of expectations, which we view... More

Pinterest Inc (PINS) PT Lowered to $65 at Susquehanna

Susquehanna analyst Shyam Patil lowered the price target on Pinterest Inc (NYSE: PINS) to $65.00 (from $75.00) while maintaining a Neutral rating.

The analyst commented, "Social engagement has generally been lackluster as pandemic restrictions ease, and PINS is getting hit hard because... More