After-hours movers: Akamai Technologies, Unity, Macrogenics and more

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Natera (NTRA) PT Raised to $125 at BTIG

May 13, 2024 5:34 AM EDT

BTIG analyst Mark Massaro raised the price target on Natera (NASDAQ: NTRA) to $125.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Shares of NTRA surged 10% after it delivered another strong beat-and-raise. Investors can now more readily see the leverage in this... More

Sweetgreen (SG) stock surges on revenue beat

May 10, 2024 10:58 AM EDT

Sweetgreen (NYSE: SG) stock surged 39% Friday, based on its latest results, which saw it top quarterly revenue expectations.

The company posted a loss per share of ($0.23), $0.05 worse than the analyst estimate of ($0.18). However, revenue for the quarter came in at $157.9 million, rising 26% year-on-year and beating the consensus estimate of $151.61... More

Sweetgreen Inc (SG) PT Raised to $35 at RBC Capital

May 10, 2024 6:30 AM EDT

RBC Capital analyst Christopher Carril raised the price target on Sweetgreen Inc (NYSE: SG) to $35.00 (from $20.00) while maintaining a Outperform rating.

The analyst comments "SG beat on top & bottom line in Q1 as comps beat by 200 bps despite weather & holiday headwinds in the... More

Akamai Technologies (AKAM) PT Lowered to $92 at RBC Capital

May 10, 2024 6:23 AM EDT

RBC Capital analyst Mark Mahaney lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $92.00 (from $115.00) while maintaining a Sector Perform rating.

The analyst comments "Akamai reported results below consensus and lowered guidance, leading shares down 11% after-hours. On one hand, a broad-based slowdown... More

TD Cowen Downgrades MacroGenics (MGNX) to Hold

May 10, 2024 5:30 AM EDT

TD Cowen analyst Boris Peaker downgraded MacroGenics (NASDAQ: MGNX) from Buy to Hold.

The analyst comments "Efficacy was promising with 44% and 37% cPSA50s and 18% and 25% cORRs at 2.0mg and 2.7mg, respectively. However, safety deteriorated from the abstract which raises material questions.... More

Progyny (PGNY) PT Lowered to $41 at BTIG

May 10, 2024 5:17 AM EDT

BTIG analyst David Larsen lowered the price target on Progyny (NASDAQ: PGNY) to $41.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "On Thursday AMC, PGNY reported 1Q:24 results. Total revenue of $278.1M (+8% y/y) was behind BTIG / consensus of $289.2M / $289M,... More

Akamai Technologies (AKAM) PT Lowered to $115 at DA Davidson

May 10, 2024 5:14 AM EDT

DA Davidson analyst Rudy Kessinger lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $115.00 (from $125.00) while maintaining a Buy rating.

The analyst comments "Security & Compute showed strong Q1 upside while Delivery was well below. Compute is now... More

Akamai Technologies (AKAM) PT Lowered to $105 at Evercore ISI

May 10, 2024 5:13 AM EDT

Evercore ISI analyst Amit Daryanani lowered the price target on Akamai Technologies (NASDAQ: AKAM) to $105.00 (from $115.00) while maintaining a Outperform rating.

The analyst comments "AKAM reported a modest miss on the top line but a 3c beat on the bottom line in the Mar-qtr with a rev/EPS print of $987M/$1.64 vs. street at $989M/$1.61. Overall growth came in at +7.8% y/y driven by standout quarters in compute and security... More