Penn Entertainment, Rivian and Twilio rise premarket; Lyft, WeWork fall
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Go back to Penn Entertainment, Rivian and Twilio rise premarket; Lyft, WeWork fall
August 10, 2023 1:18 PM EDT
On Thursday, the Wall Street Journal reported that Amazon (NASDAQ: AMZN) is shelving several of its private clothing brands as a way to cut expenses and deal with antitrust investigations.
The report states the e-commerce and tech giant has chosen to eradicate 27 of its 30... More
August 10, 2023 8:18 AM EDT
Phillip Capital upgraded shares of Amazon (NASDAQ: AMZN) to Buy, raising the price target on the stock to $175 from $120 per share in a note Thursday.
Analyst Maximilian Koeswoyo told investors that Amazon's efficiency enhancements are "bearing fruit," with the e-commerce giant's 2Q23... More
August 10, 2023 7:22 AM EDT
Roth/MKM analyst Edward Engel reiterated a Buy rating and $38.00 price target on Penn National Gaming (NASDAQ: PENN).
The analyst comments "We believe PENN's legacy land-based business is worth $19/share, which assumes a 13% yield on PENN's normalized land-based FCF of $400M. At... More
August 9, 2023 1:31 PM EDT
DraftKings (NASDAQ: DKNG) was raised to neutral from Underweight at JPMorgan on Wednesday, with analyst Joseph Greff maintaining a $26 price target on the stock.
Greff told investors in a note that they are moving their rating on the stock to Neutral following the... More
