After-Hours Stock Movers 11/03: (QCOM) (FSLY) (BKNG) Higher; (UPLD) (MGNI) (TNDM) Lower (more...)
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
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Electronic Arts (EA) PT Raised to $179 at Stifel
November 4, 2021 5:54 PM EDTStifel analyst Drew Crum raised the price target on Electronic Arts (NASDAQ: EA) to $179.00 (from $170.00) while maintaining a Buy rating.
The analyst commented, "Electronic Arts reported better-than-expected FY2Q results. Key franchises drove the outperformance, notably Apex Legends and FIFA, both of which... More
MGM Resorts (MGM) PT Raised to $57 at Jefferies
November 4, 2021 8:15 AM EDTJefferies analyst David Katz raised the price target on MGM Resorts (NYSE: MGM) to $57.00 (from $56.00) while maintaining a Buy rating.
The analyst commented, "The stronger than expected results in Las Vegas were accompanied by a forthcoming asset sale, both of which... More
SunPower (SPWR) PT Raised to $28 at Cowen
November 4, 2021 7:28 AM EDTCowen analyst Jeffrey Osborne raised the price target on SunPower (NASDAQ: SPWR) to $28.00 (from $26.00) while maintaining a Market Perform rating.
The analyst commented, "SunPower is incrementally closer to transitioning into a pure residential and light commercial business. Management plans on providing an... More
HubSpot Inc (HUBS) PT Raised to $810 at Cowen
November 4, 2021 6:59 AM EDTCowen analyst J. Derrick Wood raised the price target on HubSpot Inc (NYSE: HUBS) to $810.00 (from $800.00) while maintaining a Market Perform rating.
The analyst commented, "HUBS delivered ~45% cc billings growth, above Street at ~40% and again driven by continued up-market success... More
Magnite (MGNI) PT Lowered to $37 at Susquehanna
November 4, 2021 6:38 AM EDTSusquehanna analyst Shyam Patil lowered the price target on Magnite (NASDAQ: MGNI) to $37.00 (from $46.00) while maintaining a Positive rating.
The analyst commented, "MGNI posted a solid 3Q and 4Q guide, though factored in some caution into 4Q due to supply chain disruptions... More
Electronic Arts (EA) PT Raised to $170 at Oppenheimer
November 4, 2021 6:34 AM EDTOppenheimer analyst Andrew Uerkwitz raised the price target on Electronic Arts (NASDAQ: EA) to $170.00 (from $165.00) while maintaining an Outperform rating.
The analyst commented, "EA delivered better-than-expected F2Q22 results, beating net bookings guidance by $126M and raising full-year guidance again, by $250M. Management's... More
Upland Software (UPLD) PT Lowered to $40 at Needham & Company
November 4, 2021 6:29 AM EDTNeedham & Company analyst Scott Berg lowered the price target on Upland Software (NASDAQ: UPLD) to $40.00 (from $60.00) while maintaining a Buy rating.
The analyst commented, "Upland reported disappointing quarterly financial results with 3Q revenues modestly below estimates. 3Q revenues missed on lower mobile messaging... More
Etsy (ETSY) PT Raised to $265 at Needham & Company
November 4, 2021 6:21 AM EDTNeedham & Company analyst Anna Andreeva raised the price target on Etsy (NASDAQ: ETSY) to $265.00 (from $250.00) while maintaining a Buy rating.
The analyst commented, "ETSY's strong 3Q21 results (beat on GMS, Sales an EBITDA) illustrate impressive strength at core Etsy brand (GMS +24% ex masks, despite... More
Goldman Sachs Upgrades Qualcomm (QCOM) to Buy
November 4, 2021 6:03 AM EDTGoldman Sachs analyst Rod Hall upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $194.00.
The analyst comments "We are upgrading Qualcomm to a Buy rating (from Neutral) after it reported a strong beat and raise quarter and proceeded to indicate >20%... More
Qorvo (QRVO) Reported Q2 Beat, But Stock Plunges 7% on Worse Than Expected Q3 Guidance
November 3, 2021 6:05 PM EDTQorvo (NASDAQ: QRVO) shares were trading more than 7% lower after-hours following the companys reported Q2 beat, but worse-than-expected Q3 guidance.
The quarterly EPS came in at $3.42 (vs. Streets $3.25) and revenue was $1.26 billion (vs. Streets $1.25 billion).
The company provided a... More

