After-hours movers: Amazon, AMD, Starbucks, Pinterest and more
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Tesla acquires AI hardware company for up to $2 billion in stock
Skyworks Solutions (SWKS) PT Lowered to $83 at Citi
May 2, 2024 5:57 AM EDTCiti analyst Atif Malik lowered the price target on Skyworks Solutions (NASDAQ: SWKS) to $83.00 (from $85.00) while maintaining a Sell rating.
The analyst comments "SWKS stock was down 13% after hours after reporting a modestly better Mar-Q and guiding Jun-Q below the Street.... More
Pinterest Inc (PINS) PT Raised to $46 at BMO Capital
May 1, 2024 6:43 AM EDTBMO Capital analyst Brian J. Pitz raised the price target on Pinterest Inc (NYSE: PINS) to $46.00 (from $45.00) while maintaining a Outperform rating.
The analyst comments "We reiterate Outperform on PINS shares given: 1) impressive execution in the US with Amazon ads integration (US... More
AMD (AMD) PT Lowered to $170 at Cantor Fitzgerald
May 1, 2024 6:36 AM EDTCantor Fitzgerald analyst C.J. Muse lowered the price target on AMD (NASDAQ: AMD) to $170.00 (from $190.00) while maintaining a Overweight rating.
The analyst comments "At the heart of investor disappointment is lack of earnings leverage upside vis-Ã -vis consensus for all of CY24. The MI300 ramp is truly impressive, but supply constraints (mgmt. raised guide to $4B, we are hearing sufficient HBM for $5-6B) are limiting a vision for even greater upside where... More
Pinterest Inc (PINS) PT Raised to $52 at RBC Capital
May 1, 2024 6:33 AM EDTRBC Capital analyst Brad Erickson raised the price target on Pinterest Inc (NYSE: PINS) to $52.00 (from $48.00) while maintaining a Outperform rating.
The analyst comments "PINS had a breakout quarter with revenue and EBITDA upside vs. Q1 and the Q2 guide. Consistent with our... More
AMD (AMD) PT Lowered to $176 at Citi
May 1, 2024 6:25 AM EDTCiti analyst Christopher Danely lowered the price target on AMD (NASDAQ: AMD) to $176.00 (from $192.00) while maintaining a Buy rating.
The analyst comments "Yesterday after the close, AMD reported decent results and guided above Consensus driven by the MI300 ramp. The company also... More
Amazon.com (AMZN) PT Raised to $246 at MoffettNathanson
May 1, 2024 6:24 AM EDTMoffettNathanson analyst Michael Morton raised the price target on Amazon.com (NASDAQ: AMZN) to $246.00 (from $230.00) while maintaining a Buy rating.
The analyst comments "We are comfortable with revenue assumptions and think a focus on Amazons cost centers is the opportunity... More
Skyworks Solutions (SWKS) PT Lowered to $100 at UBS
May 1, 2024 5:48 AM EDTUBS analyst Timothy Arcuri lowered the price target on Skyworks Solutions (NASDAQ: SWKS) to $100.00 (from $110.00) while maintaining a Neutral rating.
The analyst comments "SWKS guided well below expectations on inventory digestion that appears largely specific to Apple, though the overall smartphone... More
Starbucks (SBUX) PT Lowered to $85 at UBS
May 1, 2024 5:46 AM EDTUBS analyst Dennis Geiger lowered the price target on Starbucks (NASDAQ: SBUX) to $85.00 (from $95.00) while maintaining a Neutral rating.
The analyst comments "Pressured F2Q results included depressed global sss and margin & earnings downside, while SBUX highlighted strategic plans to support an improved sales... More
Starbucks (SBUX) PT Lowered to $100 at BTIG
May 1, 2024 5:43 AM EDTBTIG analyst Peter Saleh lowered the price target on Starbucks (NASDAQ: SBUX) to $100.00 (from $115.00) while maintaining a Buy rating.
The analyst comments "Starbucks posted the weakest quarter in recent history with traffic plummeting as the occasional, more value-oriented customer retreated.... More
Amazon.com (AMZN) PT Raised to $210 at Roth/MKM
May 1, 2024 5:06 AM EDTRoth/MKM analyst Rohit Kulkarni raised the price target on Amazon.com (NASDAQ: AMZN) to $210.00 (from $205.00) while maintaining a Buy rating.
The analyst comments "AMZN reported an impressive 1Q beat with revenue coming close to high-end guide and op income materially... More
Starbucks (SBUX) PT Lowered to $92 at Evercore ISI
May 1, 2024 4:59 AM EDTEvercore ISI analyst David Palmer lowered the price target on Starbucks (NASDAQ: SBUX) to $92.00 (from $120.00) while maintaining a Outperform rating.
The analyst comments "Significantly reducing our SSS and EPS estimates... Following F2Q earnings, we are cutting our FY24e EPS from $4.02 to $3.59... More

