After-hours movers: Salesforce, HP Inc., Snowflake and more

Go back to After-hours movers: Salesforce, HP Inc., Snowflake and more

Okta, Inc (OKTA) PT Raised to $105 at Macquarie

March 1, 2024 9:34 AM EST

Macquarie analyst Frederick Havemeyer raised the price target on Okta, Inc (NASDAQ: OKTA) to $105.00 (from $80.00) while maintaining a Neutral rating.

The analyst comments "OKTA posted a strong beat on revenue and profitability as concerns about retention headwinds from breaches were alleviated during FQ4.... More

salesforce.com (CRM) PT Raised to $330 at Macquarie

February 29, 2024 8:36 AM EST

Macquarie analyst Sarah Hindlian-Bowler raised the price target on salesforce.com (NYSE: CRM) to $330.00 (from $300.00) while maintaining a Outperform rating.

The analyst comments "CRM delivered again in the final quarter of FY'24; posting revenue of $9.29bn (FactSet cons. $9.22bn) and healthy 12%... More

c3.ai (AI) PT Raised to $24 at JPMorgan, 'has solved for comprehensive, end-to-end, artificial intelligence at scale'

February 29, 2024 6:52 AM EST

JPMorgan analyst Pinjalim Bora raised the price target on c3.ai (NYSE: AI) to $24.00 (from $17.00) while maintaining a Neutral rating.

The analyst comments "C3 has solved for comprehensive, end-to-end, artificial intelligence at scale. C3 uses a model-driven architecture to simplify the process for... More

Snowflake Inc. (SNOW) PT Lowered to $185 at Rosenblatt, 'expect the stock to be down materially off these results'

February 29, 2024 6:37 AM EST

Rosenblatt analyst Blair Abernethy lowered the price target on Snowflake Inc. (NYSE: SNOW) to $185.00 (from $190.00) while maintaining a Neutral rating.

The analyst comments "Wednesday after the market, Snowflake reported Q4 Product revenue growth of 33%, ~2% above our expectations, and total revenue of $775m (above our $767m and Consensus of... More

c3.ai (AI) PT Raised to $21 at Morgan Stanley, 'look to get more constructive should the growth profile of the business accelerate'

February 29, 2024 6:30 AM EST

Morgan Stanley analyst Sanjit Singh raised the price target on c3.ai (NYSE: AI) to $21.00 (from $20.00) while maintaining a Underweight rating.

The analyst comments "C3.ai beat total revenue estimates by 3% in Q3, resulting in growth of 18% YoY. Subscription revenue was the driver of the beat accelerating to +23% YoY growth from 12% in Q3 against a compare that got 25 ppt easier. In particular, government was the star vertical this... More

Duolingo Inc. (DUOL) PT Raised to $241 at Needham, 'DuoBingo! Large Beat Fueled by Family Plan'

February 29, 2024 6:23 AM EST

Needham analyst Ryan MacDonald raised the price target on Duolingo Inc. (NASDAQ: DUOL) to $241.00 (from $210.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our PT to $241 following a strong 4Q23 in which the company delivered an... More

Pure Storage (PSTG) PT Raised to $54 at Guggenheim, 'Demand Velocity Exiting FY24'

February 29, 2024 5:53 AM EST

Guggenheim analyst Howard Ma raised the price target on Pure Storage (NYSE: PSTG) to $54.00 (from $48.00) while maintaining a Buy rating.

The analyst comments "Going into the earnings print, some investors were concerned that the accelerated opex model transition, coupled with any demand issues potentially implied in the reset FY24/F4Q guidance, would result in initial FY25 revenue guidance for single-digit growth. Instead, as we had previewed, Pure exceeded F4Q... More

Snowflake Inc. (SNOW) PT Lowered to $220 at Deutsche Bank 'Based on updated guidance'

February 29, 2024 5:26 AM EST

Deutsche Bank analyst Brad Zelnick lowered the price target on Snowflake Inc. (NYSE: SNOW) to $220.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "With more questions than answers coming out of the quarter, and our field work suggesting competition with... More