After-hours movers: NXP Semiconductors, F5 Networks, Coursera and more

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NXP Semiconductors NV (NXPI) PT Raised to $300 at Argus

May 1, 2024 7:26 AM EDT

Argus analyst Jim Kelleher raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $300.00 (from $260.00) while maintaining a Buy rating.

The analyst comments "BUY-rated NXP Semiconductors NV (NYSE: NXPI) increased 4% in a down market on 4/30/24 after the... More

Coursera Inc (COUR) PT Lowered to $13 at BMO Capital

May 1, 2024 6:44 AM EDT

BMO Capital analyst Jeff Silber lowered the price target on Coursera Inc (NYSE: COUR) to $13.00 (from $20.00) while maintaining a Outperform rating.

The analyst comments "While 1Q24 results were largely intact, COUR's Consumer outlook was revised down. Management noted weaker trends in North America paid... More

Chegg (CHGG) PT Lowered to $7 at BMO Capital

May 1, 2024 6:44 AM EDT

BMO Capital analyst Jeffrey Silber lowered the price target on Chegg (NYSE: CHGG) to $7.00 (from $9.00) while maintaining a Outperform rating.

The analyst comments "1Q24 results beat expectations despite a weak 1Q24 intake period. CHGG announced long-time CEO will step into the Executive... More

NXP Semiconductors NV (NXPI) PT Raised to $240 at Stifel, 'Demand Dynamics for 2H Uncertain'

April 30, 2024 4:03 PM EDT

Stifel analyst Tore Svanberg raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $240.00 (from $210.00) while maintaining a Hold rating.

The analyst comments "NXPI delivered roughly in-line Mar Q results, with revenues of $3.13bn, in-line with our/ Street estimate of... More

NXP Semiconductors NV (NXPI) PT Raised to $370 at Evercore ISI, 'We Remain Buyers'

April 30, 2024 12:53 PM EDT

Evercore ISI analyst Mark Lipacis raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $370.00 (from $300.00) while maintaining a Outperform rating.

The analyst comments "We Remain Buyers: Blue Chip Auto Play. We launched coverage on NXPI recently with the secular... More

NXP Semiconductors NV (NXPI) PT Raised to $300 at Deutsche Bank

April 30, 2024 12:06 PM EDT

Deutsche Bank analyst Ross Seymore raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $300.00 (from $255.00) while maintaining a Sell rating.

The analyst comments "NXPI delivered yet another solid print/guide, illustrating its early & conservative approach to addressing the ongoing... More

Sensata Technologies surges as Elliott gains board seat, CEO steps down

April 30, 2024 10:21 AM EDT

Shares of Sensata Technologies (NYSE: ST) surged 12% higher in early trading Tuesday after the company reported solid first-quarter results and announced a surprise deal with activist hedge fund Elliott Investment. The company also announced that CEO Jeff Cote is stepping down, and Elliott is now the company's largest shareholder and has a new board seat.

In the first quarter, Sensata reported Q1 EPS of $0.89, beating the analyst estimate of $0.85. Revenue for the quarter was $1.01 billion versus the consensus of $986.51 million. Looking ahead, the company sees second-quarter EPS of 0.89-$0.95, versus the consensus of... More

Coursera Inc (COUR) PT Lowered to $21 at Cantor Fitzgerald

April 30, 2024 6:33 AM EDT

Cantor Fitzgerald analyst Brett Knoblauch lowered the price target on Coursera Inc (NYSE: COUR) to $21.00 (from $26.00) while maintaining a Overweight rating.

The analyst comments "We are lowering our FY24/FY25 revenue estimates by 4.5%/4.0% and lowering our adjusted EBITDA estimates by 16.1%/20.6% off... More

F5 Networks (FFIV) PT Lowered to $182 at RBC Capital

April 30, 2024 6:31 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on F5 Networks (NASDAQ: FFIV) to $182.00 (from $204.00) while maintaining a Sector Perform rating.

The analyst comments "Results were mixed with top-line metrics below expectations and lower than expected Q3 guidance, making a tougher Q4... More

Coursera Inc (COUR) PT Lowered to $18 at RBC Capital

April 30, 2024 6:29 AM EDT

RBC Capital analyst Rishi Jaluria lowered the price target on Coursera Inc (NYSE: COUR) to $18.00 (from $25.00) while maintaining a Outperform rating.

The analyst comments "Coursera reported disappointing results, leading shares down 11% AMC. 2024 revenue guidance was lowered by 5% on Consumer demand softening, as... More

Sensata Technologies (ST) PT Raised to $44 at BofA Securities

April 30, 2024 6:16 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Sensata Technologies (NYSE: ST) to $44.00 (from $38.00) while maintaining a Neutral rating.

The analyst comments "Sensata announced 1Q results and simultaneously announced a CEO transition, a stake by Elliott Mgmt (largest shareholder) and... More

Coursera Inc (COUR) PT Lowered to $12 at UBS

April 30, 2024 6:03 AM EDT

UBS analyst Jennifer Swanson Lowe lowered the price target on Coursera Inc (NYSE: COUR) to $12.00 (from $21.00) while maintaining a Neutral rating.

The analyst comments "SoFi reported adjusted net revenue of $581mm (~4% above Street) driven by beats in Lending and Other revenue, while Financial Services and Technology Platform missed. Adjusted EBITDA of $144mm came in... More

Amkor Technology (AMKR) PT Raised to $40 at DA Davidson

April 30, 2024 5:07 AM EDT

DA Davidson analyst Tom Diffely raised the price target on Amkor Technology (NASDAQ: AMKR) to $40.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "Amkor reported mixed 1Q results with earnings beat but softer than seasonal revenues on continued industry headwinds (end-market softness, inventory digestion, &... More

Coursera Inc (COUR) PT Lowered to $10.50 at Goldman Sachs

April 30, 2024 5:06 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Coursera Inc (NYSE: COUR) to $10.50 (from $15.00) while maintaining a Sell rating.

The analyst comments "With Courseras Q1 24 earnings report, management framed a few key themes: 1) Q1 revenue disappointed (which is being extended to forward commentary & guidance) based on elements of lower user funnel... More