After-Hours Stock Movers 05/09: AMC, RingCentral Gain on Earning; Upstart, GoodRx Plunge Lower (more...)
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Go back to After-Hours Stock Movers 05/09: AMC, RingCentral Gain on Earning; Upstart, GoodRx Plunge Lower (more...)
May 10, 2022 8:42 AM EDT
Jefferies analyst Mark Lipacis lowered the price target on Microchip Technology (NASDAQ: MCHP) to $100.00 (from $109.00) while maintaining a Buy rating.
The analyst commented, "MarQ revs/EPS were 1%/2% above consensus. JunQ rev and outlook are both 5% above. JunQ rev outlook assumes 6% QQ growth and... More
May 10, 2022 8:40 AM EDT
Jefferies analyst Samad Samana lowered the price target on RingCentral (NYSE: RNG) to $100.00 (from $120.00) while maintaining a Buy rating following earnings.
The analyst commented, "RNG beat consensus for total rev, ARR and margins. While the headline #'s were solid, sub rev and... More
May 10, 2022 7:58 AM EDT
Needham & Company analyst Rajvindra Gill lowered the price target on Microchip Technology (NASDAQ: MCHP) to $90.00 (from $105.00) while maintaining a Buy rating following earnings.
The analyst commented, "Heading into MCHP's 4QF22 report, the SOX hit new lows for the year as sentiment on... More
May 10, 2022 7:00 AM EDT
Goldman Sachs analyst Eric Sheridan lowered the price target on GoodRx Holdings Inc. (NASDAQ: GDRX) to $12.00 (from $30.00) while maintaining a Buy rating.
The analyst commented, "In its Q1 22 earnings report, GoodRx presented a solid quarterly report but framed the forward business trajectory as impacted by a "grocer" partner that had... More
May 10, 2022 6:17 AM EDT
Citi analyst Peter Christiansen downgraded Upstart Holdings Inc (NASDAQ: UPST) from Buy to Neutral with a price target of $50.00.
The analyst comments "Our thesis going into 1Q22 results recognized that consumer credit has been normalizing. Yet our expectation was that loan performance on recent... More
