Midday movers: Ford, Fortinet rise; Snap slumps

Roblox Corp. (RBLX) PT Raised to $55 at Roth/MKM, 'Hitting on all cylinders'

Roth/MKM analyst Eric Handler raised the price target on Roblox Corp. (NYSE: RBLX) to $55.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "Hitting on all cylinders. Roblox is benefiting from an aging audience and an expanding and maturing international user... More

Uber Inc. (UBER) PT Raised to $82 at Deutsche Bank, 'We are very encouraged by fundamental trends'

Deutsche Bank analyst Lloyd Walmsley raised the price target on Uber Inc. (NYSE: UBER) to $82.00 (from $58.00) while maintaining a Buy rating.

The analyst comments "Mobility gross bookings growth was strong in 4Q up 28% FXN, with particular strength in LatAm and APAC, and driven in part by growth within the non-UberX portfolio, which was up 80%... More

Evercore ISI Removes Tactical Underperform Call on Yum! Brands (YUM)

Evercore ISI analyst David Palmer reiterated an Outperform rating and $160.00 price target on Yum! Brands (NYSE: YUM).

The analyst comments "Nudging EPS higher with lower G&A; Increasing confidence in a 2Q sales turn: Following 4Q EPS and our follow-up discussion... More

Uber Inc. (UBER) PT Raised to $80 at Evercore ISI

Evercore ISI analyst Mark Mahaney raised the price target on Uber Inc. (NYSE: UBER) to $80.00 (from $75.00) while maintaining a Outperform rating.

The analyst comments "We reiterate our Outperform rating on UBER in the wake of modest Beat & Raise Q4 EPS results. $37.6B in Bookings (up 21% Y/Y ex-FX) came... More

Emerson Electric (EMR) shares rise as guidance tops expectations

Emerson Electric (NYSE: EMR) shares surged Wednesday after reporting its latest quarterly results, which missed consensus estimates but beat the analyst consensus for Q2 EPS guidance.

The company reported Q1 EPS of $0.78, $0.26 worse than the analyst estimate of $1.04. Revenue for the quarter came in at $3.37 billion versus the consensus estimate of... More

Here's why Uber (UBER) dips 'should get bought' according to Bernstein

Bernstein analysts provided their outlook for Uber (NYSE: UBER) shares in a note this week ahead of the company's investor update, saying that the company's fundamentals now look solid.

The note, headed by analyst Nikhil Devnani, says that anyone pulling up a chart of UBER share price performance in 2023 will consider it "scary" and question what is to come next for the stock.

However, for Bernstein, which... More