After-Hours Movers: Meta Plunges After Results, NVIDIA Up on Meta's Capex Guidance
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Goldman Sachs Downgrades O'Reilly Automotive (ORLY) to Buy
October 28, 2022 6:37 AM EDTGoldman Sachs analyst Kate McShane downgraded O'Reilly Automotive (NASDAQ: ORLY) from Conviction Buy to Buy with a price target of $851.00 (from $745.00).
The analyst comments "ORLY reported better-than-expected 3Q22 results with EPS of $9.17 beating the GS and consensus (Refinitiv) estimates of $8.49 and $8.50, respectively, driven by a comparable store sales increase of 7.6% (vs. GS/consensus +6.0%/+5.0%) and margin expansion. Sales accelerated throughout the quarter following a softer start to 1H with September being the strongest month of the quarter on a three-year... More
Wolfspeed (WOLF) Halted on Circuit Breaker, Off Low
October 27, 2022 9:39 AM EDTWolfspeed (NYSE: WOLF) Halted on Circuit Breaker, Off Low
... MoreStifel Weighs in on Meta Platforms (META) Following Results
October 26, 2022 5:58 PM EDTStifel analyst Mark Kelley offers comments on Meta Platforms (NASDAQ: META) following earnings.
The analyst commented, "Meta reported slightly better 3Q22 revenue of $27.7bn vs consensus $27.4bn, with advertising revenue ahead of the Street, while Other and Reality Labs revenue were below.... More
