After-Hours Stock Movers 09/08: (CRDF) (PRQR) (LULU) Higher; (SAM) (ABM) (GME) Lower (more...)

Lululemon Athletica Inc. (LULU) PT Raised to $500 at Argus

September 10, 2021 8:51 AM EDT

Argus analyst John Staszak raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $500.00 (from $416.00) while maintaining a Buy rating. The analyst commented:

Lululemon has a strong brand and growing direct-to-consumer sales, which we expect to lead to higher margins... More

Fortress Transportation (FTAI) Prices 12M Share Offering at $25.5/sh

September 10, 2021 6:06 AM EDT

Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) announced today that it has priced its previously announced registered underwritten public offering of 12,000,000 of its common shares, representing limited liability company interests (the "Common Shares"), at a public offering price of $25.50 per share for gross proceeds of approximately $306 million. The offering is expected to close on September 14, 2021, subject to customary closing conditions. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 1,800,000 additional Common Shares.

The... More

The Beauty Health Company (SKIN) Prices Upsized $650M Convertible Offering of Senior Notes

September 10, 2021 6:04 AM EDT

The Beauty Health Company (NASDAQ: SKIN) today announced the pricing of its offering of $650,000,000 aggregate principal amount of 1.25% convertible senior notes due 2026 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). The offering size was increased from the previously announced offering size of $400,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on September 14, 2021, subject to customary closing conditions. BeautyHealth also granted the initial purchasers of the... More

BigCommerce (BIGC) Prices $300M Convertible Senior Notes Offering

September 10, 2021 6:03 AM EDT

BigCommerce Holdings, Inc. (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced the pricing of its offering of $300,000,000 aggregate principal amount of 0.25% convertible senior notes due 2026 (the notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). The issuance and sale of the notes are scheduled to settle on September 14, 2021, subject to customary closing conditions. BigCommerce also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days... More

Lululemon Athletica Inc. (LULU) PT Raised to $481 at Piper Sandler

September 9, 2021 7:25 AM EDT

Piper Sandler analyst Erinn Murphy raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $481.00 (from $446.00) while maintaining an Overweight rating.

The analyst commented, "We remain buyers of LULU following Q2's stellar results with EPS of $1.65 coming in well... More

Boston Beer Company (SAM) PT Lowered to $564 at Citi

September 9, 2021 6:53 AM EDT

Citi analyst Wendy Nicholson lowered the price target on Boston Beer Company (NYSE: SAM) to $564.00 (from $618.00) while maintaining a Neutral rating.

... More

Restoration Hardware (RH) PT Raised to $770 at Telsey

September 9, 2021 6:22 AM EDT

Telsey analyst Cristina Fernandez raised the price target on Restoration Hardware (NYSE: RH) to $770.00 (from $725.00) while maintaining an Outperform rating following strong Q2 results.

The analyst commented, "As expected, RH reported a strong 2Q21 result with both sales and the operating margin... More

Lululemon Athletica Inc. (LULU) PT Raised to $520 at Cowen

September 9, 2021 6:17 AM EDT

Cowen analyst John Kernan raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $520.00 (from $476.00) while maintaining an Outperform rating.

The analyst commented, "LULU's FY21 revenue outlook increased by +$285MM-$435MM to $6.19B-$6.260B vs. pre-release consensus of $5.942B, exceeding... More