After-Hours Stock Movers 09/01: (INMB) (NCNO) (SMTC) Higher; (METX) (CHWY) (VEEV) Lower (more...)

c3.ai (AI) PT Lowered to $65 at BofA Securities

BofA Securities analyst Brad Sills lowered the price target on c3.ai (NYSE: AI) to $65.00 (from $100.00) while maintaining a Neutral rating.

Nutanix (NTNX) PT Raised to $50 at Susquehanna

Susquehanna analyst Mehdi Hosseini raised the price target on Nutanix (NASDAQ: NTNX) to $50.00 (from $38.00) while maintaining a Positive rating following earnings.

The analyst commented, "We are updating estimates/price target following Nutanix Jul-Q report and conference call. All in all, the... More

Semtech Corp. (SMTC) PT Raised to $73 at Susquehanna

Susquehanna analyst Christopher Rolland raised the price target on Semtech Corp. (NASDAQ: SMTC) to $73.00 (from $71.00) while maintaining a Neutral rating.

The analyst commented, "A solid quarter across most of Semtechs businesses, although LoRa growth may not be enough for the most bullish of investors."

Okta, Inc (OKTA) PT Raised to $293 at BMO Capital

BMO Capital analyst Keith Bachman raised the price target on Okta, Inc (NASDAQ: OKTA) to $293.00 (from $265.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Our general take is that Okta had reasonable results in its first quarter as a combined company with... More

nCino Inc. (NCNO) PT Raised to $90 at BofA Securities

BofA Securities analyst Brad Sills raised the price target on nCino Inc. (NASDAQ: NCNO) to $90.00 (from $85.00) while maintaining a Buy rating.

Chewy Inc. (CHWY) PT Lowered to $100 at Jefferies

Jefferies analyst Stephanie Wissink lowered the price target on Chewy Inc. (NYSE: CHWY) to $100.00 (from $107.00) while maintaining a Buy rating.

The analyst commented, "Q2 results were in range with 21% customer and 14% NSPAC growth. Shares traded lower post-market to reflect the narrow focus on... More

Needham & Company Upgrades Okta, Inc (OKTA) to Buy

Needham & Company analyst Alex Henderson upgraded Okta, Inc (NASDAQ: OKTA) from Hold to Buy with a price target of $320.00.

The analyst commented, "We are surprised OKTA edged lower on the print as results were solidly better than Street forecasts at core... More

Semtech Corp. (SMTC) PT Raised to $88 at Needham & Company

Needham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $88.00 (from $86.00) while maintaining a Buy rating.

The analyst commented, "Semtech's F2Q22 revenue exceeded the midpoint while GM and EPS met the high end of... More

Okta, Inc (OKTA) PT Raised to $290 at Mizuho Securities

Mizuho Securities analyst Gregg Moskowitz raised the price target on Okta, Inc (NASDAQ: OKTA) to $290.00 (from $275.00) while maintaining a Neutral rating.

The analyst commented, "OKTA reported a good F2Q, as organic billings growth of 47% Y/Y meaningfully beat our +38% forecast. In... More

Veeva Systems (VEEV) PT Raised to $385 at Needham & Company

Needham & Company analyst Ryan MacDonald raised the price target on Veeva Systems (NYSE: VEEV) to $385.00 (from $336.00) while maintaining a Buy rating.

The analyst commented, "We are reiterating our Buy rating, while raising our PT to $385, on Veeva Systems (VEEV) following a strong... More

Nutanix (NTNX) PT Raised to $64 at Needham & Company

Needham & Company analyst Jack Andrews raised the price target on Nutanix (NASDAQ: NTNX) to $64.00 (from $61.00) while maintaining a Buy rating.

The analyst commented, "NTNX reported strong 4QFY21 results as multiple metrics (ACV billings, total billings, emerging product billings, million-dollar deals) all... More

nCino Inc. (NCNO) PT Raised to $85 at Needham & Company

Needham & Company analyst Mayank Tandon raised the price target on nCino Inc. (NASDAQ: NCNO) to $85.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "NCNO reported strong 2QF22 results that beat expectations on both the top and bottom line. RPO, an... More

Meten EdtechX Education Group (METX) Prices 200M Share Offering at $0.30/sh

Meten Holding Group Ltd. (NASDAQ: METX) today announced the pricing of an underwritten public offering of ordinary shares and pre-funded warrants to purchase ordinary shares ("Offering"), with gross proceeds to the Company expected to be approximately $60 million, before deducting underwriting discounts and commissions and other estimated expenses payable by the Company. The Offering equates to 200,000,000 of the Company's ordinary shares at a price of $0.30 per share. The pre-funded warrants shall be offered at the same price per share as the ordinary shares, less the $0.01 per share exercise price of... More