After-hours movers: Amazon, Apple, Meta
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February 5, 2024 9:35 AM EST
Snap (NYSE: SNAP) shares edged just over 1% higher Monday morning after the company announced it plans to reduce its global full-time employee headcount by approximately 10%, or 529 employees.
It is the latest layoff announcement for the tech company, which has conducted multiple... More
February 5, 2024 8:48 AM EST
Citi analyst Atif Malik reiterated a Buy rating and $225.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Hon Hai, ~ 50% Apple sales exposure, reported Jan revenue before the market open with +13% M/M (above 3-year seasonal average of -21%)... More
February 4, 2024 2:00 PM EST
Goldman Sachs recently released its January update, presenting the "Top Themes" that their analysts believe investors should watch in 2024. Alongside this, the equity research firm made notable changes to its Conviction List, adding Parker Hannifan (NYSE: PH) and Textron (NYSE: TXT) while removing Bath & Body Works (NYSE: BBWI), Boeing (NYSE: BA), Shift4 Payments (NYSE: FOUR), and AIG (NYSE: AIG).
The Conviction List is Goldman Sachs' strategic approach to identifying... More
February 2, 2024 1:42 PM EST
FBN Securities analyst Shebly Seyrafi raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $250.00 (from $210.00) while maintaining a Outperform rating.
The analyst comments "We retain our Outperform rating on TEAM and raise our PT from $210 to $250 fol l owing... More
February 2, 2024 7:30 AM EST
Skechers USA (NYSE: SKX) shares tumbled more than 10% Friday after the company's latest quarterly earnings report missed revenue and guidance expectations.
The footwear company reported fourth-quarter earnings of $0.56 per share after the close on Thursday, $0.01 better than the analyst estimate of $0.55 per share, while revenue for the quarter came in at $1.96 billion, below the... More
