After-hours movers: MBIA surges on special dividend, lululemon falls following results

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The cyclical bottom is in sight for the semiconductor industry - Morgan Stanley

December 8, 2023 11:11 AM EST

Morgan Stanley has moved its industry view on Semiconductors from In-Line to Attractive, adjusting its ratings on three stocks in the sector in a note this week.

The firm upgraded shares of Qorvo (NASDAQ: QRVO) to Overweight from Equal Weight and lowered Qualcomm (NASDAQ: QCOM) and Lam Research (NASDAQ: LRCX) to Equal Weight from Overweight.

Analyst Joseph Moore said... More

Lululemon Athletica Inc. (LULU) PT Raised to $525 at Needham & Company

December 8, 2023 7:36 AM EST

Needham & Company analyst Anna Andreeva raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $525.00 (from $470.00) while maintaining a Buy rating.

The analyst commented, "LULU beat 3Q23 on sales (strength in Aug/Oct, strong pipeline of innovation like Wundermost/Steady State continues to be... More