After-Hours Stock Movers 04/28: Zymeworks Gains on Takeover Talk; Amazon Sinks on Miss, Apple Lower on Supply Chain Warning (more...)
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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Amazon (AMZN) Removed from Wedbush Best Ideas List
May 2, 2022 7:02 AM EDTAmazon (NASDAQ: AMZN) Removed from Wedbush Best Ideas List
... MoreAmazon.com (AMZN) PT Lowered to $3,700 at Jefferies
April 29, 2022 8:40 AM EDTJefferies analyst Brent Thill lowered the price target on Amazon.com (NASDAQ: AMZN) to $3,700.00 (from $4,000.00) while maintaining a Buy rating.
The analyst commented, "Elevated costs constrained Op Income and overshadowed another quarter of solid momentum at AWS. We believe the market needs... More
Atlassian Corporation (TEAM) PT Lowered to $285 at Cowen
April 29, 2022 7:22 AM EDTCowen analyst Derrick Wood lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $285.00 (from $330.00) while maintaining a Market Perform rating.
The analyst commented, "TEAM reported rev growth 6% above Street & ST billings growth 7% above, roughly in line w/ recent trends. On-prem (DC,... More
Amazon.com (AMZN) PT Lowered to $2,900 at Rosenblatt
April 29, 2022 7:12 AM EDTRosenblatt analyst Barton Crockett lowered the price target on Amazon.com (NASDAQ: AMZN) to $2,900.00 (from $3,000.00) while maintaining a Neutral rating.
The analyst commented, "Amazon.com's impressively large operating losses in its non-AWS segments in 1Q22 are largely transitional. Amazon makes a persuasive argument for $4... More
Intel (INTC) PT Lowered to $55 at Needham & Company
April 29, 2022 7:08 AM EDTNeedham & Company analyst Quinn Bolton lowered the price target on Intel (NASDAQ: INTC) to $55.00 (from $60.00) while maintaining a Buy rating.
The analyst commented, "Intel reported 1Q22 results that were modestly better than expectations, with a stronger GM the main standout. However, the... More
Morgan Stanley Downgrades Accolade Inc. (ACCD) to Equalweight
April 29, 2022 5:48 AM EDTMorgan Stanley analyst Ricky Goldwasser downgraded Accolade Inc. (NASDAQ: ACCD) from Overweight to Equalweight with a price target of $9.00 (from $30.00).
The analyst comments "We continue to like the long-term growth opportunity for Accolade and recognize sentiment is already very depressed. However, the loss... More
