After-Hours Stock Movers 05/19: Palo Alto Ramps on Strong Results; Ross Stores Plunges (more...)
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Deckers Outdoor (DECK) PT Lowered to $350 at Jefferies, Remains Positive
May 20, 2022 8:04 AM EDTJefferies analyst Corey Tarlowe lowered the price target on Deckers Outdoor (NYSE: DECK) to $350.00 (from $450.00) while maintaining a Buy rating following earnings.
The analyst commented, "Demand remains strong for UGG and HOKA, as evidenced by 4Q revenue of $736M coming in ahead of... More
Applied Materials (AMAT) PT Lowered to $130 at Needham & Company
May 20, 2022 6:52 AM EDTNeedham & Company analyst N. Quinn Bolton lowered the price target on Applied Materials (NASDAQ: AMAT) to $130.00 (from $172.00) while maintaining a Buy rating following earnings.
The analyst commented, "Supply chain headwinds caused AMAT to miss estimates and guide below consensus.... More
Ross Stores, Inc. (ROST) PT Lowered to $80 at Wells Fargo
May 20, 2022 6:35 AM EDTWells Fargo analyst Ike Boruchow lowered the price target on Ross Stores, Inc. (NASDAQ: ROST) to $80.00 (from $90.00) while maintaining a Equal Weight rating following weak results and outlook.
The analyst commented, "Just 3 months after surprising investors with a better-than-feared initial 2022 outlook, ROST reported... More
Applied Materials (AMAT) PT Lowered to $160 at Mizuho Securities
May 20, 2022 6:26 AM EDTMizuho Securities analyst Vijay Rakesh lowered the price target on Applied Materials (NASDAQ: AMAT) to $160.00 (from $180.00) while maintaining a Buy rating following earnings.
The analyst commented, "AMAT reported AprQ Rev/EPS of $6.2B/$1.85 (slightly below consensus $6.4B/$1.91) and guided JulQ softer to $6.25B/$1.77... More