After-hours movers: Cisco, Twilio, AppLovin, SoundHound AI
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Northland Says NVIDIA's investment in SoundHound AI (SOUN) is logical
February 15, 2024 9:44 AM ESTNorthland Capital Markets analyst Michael Latimore reiterated an Outperform rating and $4.00 price target on SoundHound AI Inc. (NASDAQ: SOUN).
The analyst stated, "Last night NVIDIA (NVDA, NR) filed a 13F, showing a 1.7 million share investment in SOUN. SoundHound AI has comprehensive and deep... More
Northland Downgrades Twilio (TWLO), Says Segment Business Sale May Impact AI Strategy
February 15, 2024 6:55 AM ESTNorthland Capital Markets analyst Michael Latimore downgraded Twilio (NYSE: TWLO) from Outperform to Market Perform with a price target of $66.00.
The analyst comments "Lowering rating to Market Perform and keeping our $66 target based on a PEG ratio of 1.7x and P/E... More
Wells Fargo Resumes Cisco (CSCO) at Equal Weight
February 15, 2024 5:41 AM ESTWells Fargo analyst Aaron Rakers resumes coverage on Cisco (NASDAQ: CSCO) with a Equal Weight rating and a price target of $52.00.
The analyst comments "We resume coverage of CSCO at Equal Weight; $52 PT. We see the -5% post-close move in CSCO shares as... More
Fastly Inc. (FSLY) PT Raised to $24 at DA Davidson, 'We're Buyers On Weakness'
February 15, 2024 4:09 AM ESTDA Davidson analyst Rudy Kessinger raised the price target on Fastly Inc. (NYSE: FSLY) to $24.00 (from $22.00) while maintaining a Buy rating.
The analyst comments "Shares tumbled 22% AH as Q4 Rev was $2M below cons. due to weaker than expected intl. traffic & the CY24... More
