After-hours movers: DocuSign jumps on beat, lululemon falls post-earnings
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DocuSign (DOCU) stable quarter prompts upgrade, analyst praise
December 9, 2022 9:05 AM ESTShares of DocuSign Inc. (NASDAQ: DOCU) rose 10% in pre-open trading after posting a solid beat in its third quarter and issuing revenue guidance that was in-line with the Wall Street consensus.
Revenue for the e-signature company rose 18% in the quarter for $645.5 million, beating the consensus of $627 million.
Non-GAAP net income per diluted share was $0.57, beating the consensus of $0.42.
For the current quarter,... More
Broadcom Limited (AVGO) PT Raised to $550 at Cowen
December 9, 2022 7:35 AM ESTCowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $540.00) while maintaining a Market Perform rating.
... MoreGoldman Sachs Downgrades Lululemon Athletica Inc. (LULU) to Buy
December 9, 2022 7:35 AM EST(Updated - December 9, 2022 7:36 AM EST)
Goldman Sachs analyst Brooke Roach downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Conviction Buy to Buy with a price target of $431.00 (from $383.00).
The analyst comments "LULU reported a 3Q22 EPS beat with EPS of $2.00 above GS/FactSet consensus... More
