After-hours movers: B. Riley, NYCB fall; Dell, NetApp rise
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- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Marvell shares jump after giving Google warrants amid custom chip deal
Cooper Companies (COO) PT Raised to $100 at Oppenheimer
March 1, 2024 8:50 AM ESTOppenheimer analyst Steven Lichtman raised the price target on Cooper Companies (NASDAQ: COO) to $100.00 (from $90.00) while maintaining a Perform rating.
The analyst comments "COO's F1Q24 sales of $931.6M (+8% organic) were ahead of our/Street's ~$923.6/$916M ests, with Office/Surgical leading the beat versus... More
Citi Downgrades Fisker (FSR) to Neutral
March 1, 2024 6:52 AM ESTCiti analyst Itay Michaeli downgraded Fisker (NYSE: FSR) from Buy to Neutral with a price target of $0.80 (from $4.00).
The analyst comments "A disappointing Q4 outcome revealing additional financial reporting issues (10K delay), a significantly weaker 2024 outlook and a worsening liquidity runway. The... More
Sweetgreen Inc (SG) PT Raised to $16 at Citi
March 1, 2024 6:47 AM ESTCiti analyst Jon Tower raised the price target on Sweetgreen Inc (NYSE: SG) to $16.00 (from $13.00) while maintaining a Neutral rating.
The analyst comments "SG put up a strong quarter, with margin favorability extending into F24, guidance that otherwise largely toed with Street numbers... More
Dell (DELL) PT Raised to $105 at TD Cowen
March 1, 2024 6:23 AM ESTTD Cowen analyst Krish Sankar raised the price target on Dell (NYSE: DELL) to $105.00 (from $75.00) while maintaining a Market Perform rating.
The analyst comments "Dell reported Jan '24 Rev/GM/EPS of $22.3B/ 24.5%/ $2.21, above consensus' view of $22.2B/ 23.6%/ $1.73, respectively. AI server backlog grew to $2.9B exiting F4Q24 and more importantly growth is starting to be felt in storage as well. FY25 sales were guided +5% Y/Y (above the LT CAGR), with AI accelerating ISG to up mid-teens%. Despite this solid execution, PC demand remains soft (CSG business expected to grow LSD% in FY25),... More
