Pre-Open Movers: iRobot Surges on Amazon Takeover, Twilio Lower on Results

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JPMorgan Upgrades iRobot Corporation (IRBT) to Neutral

August 8, 2022 8:14 AM EDT

JPMorgan analyst Mark Strouse upgraded iRobot Corporation (NASDAQ: IRBT) from Underweight to Neutral with a price target of $61.00 (from $45.00).

THe analyst comments "Following Amazons agreement to acquire IRBT in all cash for $1.7B, we move to Neutral (from Underweight) and establish our... More

Atlassian (TEAM) Soars on Positive 4Q and CFO Appointment

August 5, 2022 11:04 AM EDT

Atlassian Corp. (NASDAQ: TEAM) soared in pre-market trading Friday and is currently up almost 14% mid-day after the company reported 4Q results and offered some forward-looking commentary on the earnings call.

The Australian software company reported 4Q adjusted EPS of $0.27, compared to EPS of $0.24 in the year-ago period, in line with what analysts were expecting. Revenue came in at $757 million, up 35% YoY, ahead of the consensus projection of $723 million.

TEAM reported an EBIT of 14.4%, below the analyst consensus of 15.3%. TEAM also announced Joe Binz as the new CFO. Binz will... More

Names Amazon (AMZN) May Like to Acquire Without Government Pushback According to DA Davidson (LOVE) (ETSY) (SONO)

August 5, 2022 10:57 AM EDT

Names Amazon (NASDAQ: AMZN) May Like to Acquire According to DA Davidson.

Analyst Tom Forte maintains Buy and $151.00 PT.

The analyst comments "Less than $10B sweet spot. Looking at MGM ($8.5B) and the proposed One Medical ($3.9B) and now... More

Carvana Co. (CVNA) Extends Gain, Up 25%

August 5, 2022 9:52 AM EDT

Carvana Co. (NYSE: CVNA) Extends Gain, Up 25%

... More