Form 8-K Asana, Inc. For: Jul 13
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St set for higher open but weekly losses loom
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
'Recession-Prone' Asana (ASAN) and Fastly (FSLY) Downgraded by RBC Capital
July 19, 2022 11:58 AM EDTShares of work management platform Asana, Inc. (NYSE: ASAN) and cloud computing services provider Fastly, Inc. (NYSE: FSLY) were downgraded to Underperform from Sector Perform by RBC Capital Markets analyst Rishi Jaluria on Tuesday.
In separate notes, the analyst said the companies are recession-prone, with both scoring low on RBCs five-factor recession framework.
Fastlys price target was lowered to $9 per share from $17.50 per share by Jaluria, who said there were... More
