Midday movers: RingCentral, Rivian, Roblox and more

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Tapestry Inc. (TPR) PT Lowered to $39 at Jefferies

November 11, 2022 8:22 AM EST

Jefferies analyst Ashley Helgans lowered the price target on Tapestry Inc. (NYSE: TPR) to $39.00 (from $47.00) while maintaining a Buy rating.

The analyst commented, "Q1 beat, with solid growth at Coach and further outperformance at Kate Spade. FY23 guide was lowered... More

NIO (H-Shares) (9966:HK) (NIO) PT Lowered to HK$95.20 at BOCOM Int'l, 'Loss widened in 3Q22 on expenses'

November 11, 2022 3:55 AM EST

BOCOM Int'l analyst Angus Chan lowered the price target on NIO (H-Shares) (9966:HK) (NYSE: NIO) to HK$95.20 while maintaining a Neutal rating.

The analyst comments "NIO reported in-line 3Q22 results, with vehicle sales/sales volume up 38.2% /26.1% YoY to RMB11.9bn/31,607... More