After-Hours Stock Movers 08/12: (CODX) (RKT) (DIS) Higher; (WISH) (BLBD) (FIGS) Lower (more...)
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- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
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- Fox Factory sells Marucci Sports for $225M, cuts debt
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
ContextLogic Inc (WISH) PT Lowered to $8 at Stifel
August 13, 2021 6:42 AM EDTStifel analyst Scott W. Devitt lowered the price target on ContextLogic Inc (NASDAQ: WISH) to $8.00 (from $12.00) while maintaining a Hold rating.
The analyst commented, "Wish reported disappointing 2Q results with revenue falling -7% y/y to $656mm, significantly below our $724mm estimate and the... More
Walt Disney (DIS) PT Raised to $195 at BMO Capital
August 13, 2021 6:40 AM EDTBMO Capital analyst Daniel Salmon raised the price target on Walt Disney (NYSE: DIS) to $195.00 (from $190.00) while maintaining a Market Perform rating.
The analyst commented, "Investor sentiment had been growing anxious, so despite some mixed segment results, outperformance on key metrics stood... More
Airbnb Inc. (ABNB) PT Raised to $200 at Needham & Company
August 13, 2021 6:15 AM EDTNeedham & Company analyst Bernie McTernan raised the price target on Airbnb Inc. (NASDAQ: ABNB) to $200.00 (from $194.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating and increase our price target to $200 following ABNB reported better than expected... More
DoorDash Inc. (DASH) PT Raised to $230 at Needham & Company
August 13, 2021 6:12 AM EDTNeedham & Company analyst Bernie McTernan raised the price target on DoorDash Inc. (NYSE: DASH) to $230.00 (from $195.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating on DASH and increase our price target to $230, Volume growth was the highlight of... More
JPMorgan Double Downgrades ContextLogic Inc (WISH) to Underweight
August 13, 2021 5:38 AM EDTJPMorgan analyst Doug Anmuth downgraded ContextLogic Inc (NASDAQ: WISH) from Overweight to Underweight with a price target of $5.00 (from $17.00).
The analyst comments "ContextLogic operates Wish, one of the largest global ecommerce platforms, connecting 90M+ MAUs in 100+ countries to 550k+ merchants. WISH targets an underserved... More
