After-hours movers: Zscaler falls following results, Carlyle gains on S&P MidCap 400 nod
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- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Stay long AI-capex winners into the peak, Stifel says despite bubble fears
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
UBS downgrades ChargePoint (CHPT) to Neutral as topline trajectory becomes less certain
November 28, 2023 8:36 AM ESTUBS has downgraded ChargePoint Holdings (NYSE: CHPT) to a Neutral rating (From Buy)and cut the 12-month price target on the stock to $2.25 (From $9.00) as the companys topline trajectory has become less clear.
CHPT maintains its position as the primary shareholder in the U.S. for Level 2 (L2) charging ports. With a market share increase this year, the company now holds 44% of the... More
Confluent, Inc. (CFLT) an 'attractive revenue story' - Bernstein
November 28, 2023 8:01 AM ESTConfluent, Inc. (NASDAQ: CFLT) was initiated with an Outperform rating and $34 per share price target by Bernstein analyst Peter Weed in a note Tuesday.
Weed told investors in a note that CFLT is an "attractive revenue story" with tailwinds from cloud adoption, with a... More
Zscaler (ZS) PT Raised to $200 at BMO Capital
November 28, 2023 6:25 AM ESTBMO Capital analyst Keith Bachman raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $195.00) while maintaining an Outperform rating.
The analyst commented, "ZS reported a reasonable quarter across the board, though ~4pts of billings growth upside was perhaps less than investors... More
