Cerence (CRNC) Tops Q2 EPS by 13c ; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- Abbott plans to spin off its nutrition unit as a standalone public company
- Alphabet shares drop ahead of earnings next week
- AMD shares fall amid AI chip sector selloff
- Bloom Energy Corp. (BE) Tops Q3 EPS by 25c, Beats on Revenue; Offers FY26 Guidance
- JetBlue shares fall amid American results, fuel cost concerns
Cerence Inc. (CRNC) PT Lowered to $8 at Evercore ISI
May 9, 2024 9:51 AM EDTEvercore ISI analyst Chris McNally lowered the price target on Cerence Inc. (NASDAQ: CRNC) to $8.00 (from $20.00) while maintaining a In Line rating.
The analyst comments "PM Summary back to Square ZERO for any hope of a near-term bottom in CRNCs share price. Cerence guides down FY24 Rev by ~$40MM (11%) & EBITDA to midpoint of... More



