After-hours movers: Super Micro Computer, J.B. Hunt, and more

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Go back to After-hours movers: Super Micro Computer, J.B. Hunt, and more

Citi raises Coinbase (COIN) target but remains neutral on regulatory risk

January 19, 2024 9:12 AM EST

Citi lifted its Coinbase (NASDAQ: COIN) target price to $151 from $90 per share in a note Friday, maintaining a Neutral rating on the stock.

In the memo, analyst Peter Christiansen spoke on the cryptocurrency exchange's defense vs the SEC lawsuit, which he... More

Super Micro Computer (SMCI) surges after lifting guidance

January 19, 2024 8:17 AM EST

Shares of Super Micro Computer (NASDAQ: SMCI) have jumped more than 11% premarket after the company raised its second-quarter guidance.

The company said it is experiencing a strong market and end customer demand for its rack-scale, AI and Total IT Solutions in the second quarter, ended December 31. As a result, it now sees net sales coming in from $3.6 billion to $3.65 billion, up... More