After-Hours Movers: Chargepoint Gains Following Results, Chewy Falls

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Ambarella (AMBA) PT Lowered to $104 at Jefferies

August 31, 2022 8:58 AM EDT

Jefferies analyst David Kelley lowered the price target on Ambarella (NASDAQ: AMBA) to $104.00 (from $122.00) while maintaining a Buy rating following earnings.

The analyst commented, "2Q adj. EPS of $0.20 was below our est. of $0.22, but modestly above consensus of $0.19. Midpoint of 3Q sales guide tracked below... More

CrowdStrike Holdings (CRWD) PT Raised to $220 at Jefferies

August 31, 2022 8:49 AM EDT

Jefferies analyst Joseph Gallo raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $220.00 (from $215.00) while maintaining a Buy rating following earnings.

The analyst commented, "ARR growth of 59% yoy beat cons. 58% while raised FY23 rev guide of 54% yoy... More

Jefferies Reiterates Buy Rating on Amgen (AMGN) as Lumakras Phase III CB200 Hits

August 31, 2022 8:29 AM EDT

Jefferies analyst Michael Yee reiterated a Buy rating and $295.00 price target on Amgen (NASDAQ: AMGN) after Lumakras Phase III CB200 hits, which he said is "good enough."

The analyst commented, "AMGN announced the Lumakras Phase III CB-200 study was positive although mostly... More

Chewy Inc. (CHWY) PT Lowered to $57 at Jefferies

August 31, 2022 8:28 AM EDT

Jefferies analyst Stephanie Wissink lowered the price target on Chewy Inc. (NYSE: CHWY) to $57.00 (from $60.00) while maintaining a Buy rating following results.

The analyst commented, "Q2 results will please some, but not all. Sales +12.8% at lower-end of "low-teens" but Adj-EBITDA... More

PVH Corp (PVH) PT Lowered to $105 at Guggenheim

August 31, 2022 7:56 AM EDT

Guggenheim analyst Robert Drbul lowered the price target on PVH Corp (NYSE: PVH) to $105.00 (from $130.00) while maintaining a Buy rating following earnings.

The analyst commented, "Today after the close, PVH reported EPS of $2.08, $0.08 above our estimate. The company reported net sales of $2.03 billion, a decline of 8.6%, below our estimate of $2.15 billion. Tommy Hilfiger revenue... More

Needham & Company Reiterates Buy Rating on ChargePoint (CHPT) Following Q2 Beat

August 31, 2022 6:32 AM EDT

Needham & Company analyst Vikram Bagri reiterated a Buy rating and $24.00 price target on ChargePoint Holdings Inc. (NYSE: CHPT) following Q2 beat.

The analyst commented, "CHPT delivered 2QF23 results that were essentially in-line with our estimates (see note). While the top-line beat company... More