Pre-Open Stock Movers 05/05: Albemarle and Booking Jump on Earnings; Shopify, Wayfair and Etsy Sink (more...)

Go back to Pre-Open Stock Movers 05/05: Albemarle and Booking Jump on Earnings; Shopify, Wayfair and Etsy Sink (more...)

eBay (EBAY) PT Lowered to $48 at Susquehanna

May 6, 2022 10:05 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on eBay (NASDAQ: EBAY) to $48.00 (from $60.00) while maintaining a Neutral rating following earnings.

The analyst commented, "GMV and active buyers remain under pressure due to an easing of the pandemic tailwind and EBAYs strategic... More

Shopify (SHOP) PT Lowered to $550 at Jefferies

May 6, 2022 8:06 AM EDT

Jefferies analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $550.00 (from $1,350.00) while maintaining a Buy rating following earnings.

The analyst commented, "A few incremental takeaways after the call were: 1) a rebalancing in consumer spending toward services and... More

Albemarle (ALB) Removed from Evercore Tactical Outperform List

May 5, 2022 4:15 PM EDT

Albemarle (NYSE: ALB) Removed from Evercore Tactical Outperform List.

Analyst Stephen Richardson comments "We are removing ALB from the Tactical Outperform list following 1Q results. The most significant change in incremental disclosure from ALB was a reconfirmation of the linkage of... More

Booking Holdings (BKNG) PT Lowered to $2,750 at Mizuho Securities

May 5, 2022 1:19 PM EDT

Mizuho Securities analyst James Lee lowered the price target on Booking Holdings (NASDAQ: BKNG) to $2,750.00 (from $2,950.00) while maintaining a Buy rating following earnings.

The analyst commented, "The recovery curve for BKNG appears to be outpacing OTA peers with GB growth accelerating 13... More

Wayfair (W) PT Lowered to $100 at Needham & Company

May 5, 2022 11:50 AM EDT

Needham & Company analyst Anna Andreeva lowered the price target on Wayfair (NYSE: W) to $100.00 (from $150.00) while maintaining a Buy rating following earnings.

The analyst commented, "W is yet another ecomm company that saw a relatively ok 1Q22 (US business held it's run-rate from... More