After-hours movers: Dell Technologies, Gap, MongoDB, Zscaler and more
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StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
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- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
MongoDB (MDB) PT Lowered to $350 at Citi
June 3, 2024 5:04 AM EDTCiti analyst Tyler Radke lowered the price target on MongoDB (NASDAQ: MDB) to $350.00 (from $480.00) while maintaining a Buy rating.
The analyst comments "Q1 results were a contrast to more resilient consumption prints (CFLT, SNOW, ESTC etc) with macro-related + GTM adjustments driving weaker... More
Zscaler (ZS) PT Lowered to $245 at Evercore ISI, 'Tough To Bet Against These Guys'
May 31, 2024 9:22 AM EDTEvercore ISI analyst Peter Levine lowered the price target on Zscaler (NASDAQ: ZS) to $245.00 (from $270.00) while maintaining a Outperform rating.
The analyst comments "ZS delivered a strong beat and raise F3Q, headlined by billings growth of 30% (ahead of the 24%/25% bogey), revenue growth of 32% y/y, scale in large customers (50+ customers at $5mn+ ARR), and 22% operating margins despite ongoing customer scrutiny of large deals, changes in the sales organization, and higher than expected sales attrition... More
Gap, Inc. (GPS) PT Raised to $20 at CFRA
May 31, 2024 9:09 AM EDTCFRA analyst Zachary Warring raised the price target on Gap, Inc. (NYSE: GPS) to $20.00 (from $15.00) while maintaining a Sell rating.
The analyst comments "We raise our 12-month price target by $5 to $20, based on 12.5x our FY 25 (Jan.) EPS estimate and below the... More
Zscaler (ZS) PT Lowered to $200 at Cantor Fitzgerald
May 31, 2024 6:36 AM EDTCantor Fitzgerald analyst Jonathan Ruykhaver lowered the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $230.00) while maintaining a Neutral rating.
The analyst comments "We reiterate our Neutral rating and moderate our price target to $200 from $230 in line with the peer-group average trading multiple following a... More
SentinelOne Inc (S) PT Lowered to $27 at UBS
May 31, 2024 6:29 AM EDTUBS analyst Roger Boyd lowered the price target on SentinelOne Inc (NYSE: S) to $27.00 (from $29.00) while maintaining a Buy rating.
The analyst comments "We are lowering our CY24/CY25 ARR and revenue estimates by ~2%/~1% and on the print, reflecting the lower ARR commentary and... More
Needham Reiterates Buy Rating on Marvell (MRVL)
May 31, 2024 6:18 AM EDTNeedham analyst N. Quinn Bolton reiterated a Buy rating and $95.00 price target on Marvell (NASDAQ: MRVL).
The analyst comments "Marvell reported a beat and raise 1QF25 as the Data Center segment continues to outperform. Our key takes: 1) GM will be weighed down... More
Zscaler (ZS) PT Raised to $230 at RBC Capital
May 31, 2024 6:14 AM EDTRBC Capital analyst Matthew Hedberg raised the price target on Zscaler (NASDAQ: ZS) to $230.00 (from $215.00) while maintaining a Outperform rating.
The analyst comments "Against negative investor sentiment, the quarter was one of the better ones we've seen in what is a choppy software... More
Gap, Inc. (GPS) PT Raised to $18.50 at BofA Securities
May 31, 2024 5:51 AM EDTBofA Securities analyst Lorraine Hutchinson raised the price target on Gap, Inc. (NYSE: GPS) to $18.50 (from $15.50) while maintaining a Underperform rating.
The analyst comments "GPS reported 1Q adj EPS of $0.41, beating our/consensus $0.12/$0.13 estimates as brand turnaround initiatives take hold. 1Q... More
Nordstrom (JWN) PT Raised to $18 at BofA Securities
May 31, 2024 5:50 AM EDTBofA Securities analyst Lorraine Hutchinson raised the price target on Nordstrom (NYSE: JWN) to $18.00 (from $15.00) while maintaining a Underperform rating.
The analyst comments "We reiterate our Underperform rating as we see continued risk to sales and profitability given structural challenges within the... More
SentinelOne Inc (S) PT Lowered to $29 at BofA Securities
May 31, 2024 5:49 AM EDTBofA Securities analyst Tai Liani lowered the price target on SentinelOne Inc (NYSE: S) to $29.00 (from $35.00) while maintaining a Buy rating.
The analyst comments "SentinelOne stock traded down -12% after hours with the focal point being sales weakness and -1% 2025 revenue... More
BofA Securities Reiterates Buy Rating on Zscaler (ZS)
May 31, 2024 5:48 AM EDTBofA Securities analyst Tal Liani reiterated a Buy rating and $265.00 price target on Zscaler (NASDAQ: ZS)
The analyst comments "We continue to carefully monitor the companys trends, especially given the strong billings performance. We highlight that about 50% of the quarters YoY... More
Gap, Inc. (GPS) PT Raised to $27 at JPMorgan
May 31, 2024 5:31 AM EDTJPMorgan analyst Matthew Boss raised the price target on Gap, Inc. (NYSE: GPS) to $27.00 (from $20.00) while maintaining a Neutral rating.
The analyst comments "We rate GPS Neutral. Our work points to (i) Old Navy/Gap stability (at ~80% of sales) with inventory right... More
Marvell (MRVL) PT Raised to $91 at Evercore ISI
May 31, 2024 4:54 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Marvell (NASDAQ: MRVL) to $91.00 (from $88.00) while maintaining a Outperform rating.
The analyst comments "Setting Table For AI Upside. On the positive side MRVL reported its AI revs doubled YY, we est... More
Nordstrom (JWN) PT Raised to $19 at Evercore ISI
May 31, 2024 4:53 AM EDTEvercore ISI analyst Michael Binetti raised the price target on Nordstrom (NYSE: JWN) to $19.00 (from $17.00) while maintaining a In Line rating.
The analyst comments "JWNs strong 1Q top-line beat (net sales +5 vs consensus / ISI +1%), mirrored the strong comp... More
Gap, Inc. (GPS) PT Raised to $32 at Evercore ISI
May 31, 2024 4:53 AM EDTEvercore ISI analyst Michael Binetti raised the price target on Gap, Inc. (NYSE: GPS) to $32.00 (from $24.00) while maintaining a Outperform rating.
The analyst comments "Tour of Force Across the P&L in 1Q: After a very solid Spring campaign (particularly at Old... More
SentinelOne Inc (S) PT Lowered to $23 at BTIG
May 31, 2024 4:44 AM EDTBTIG analyst Gray Powell lowered the price target on SentinelOne Inc (NYSE: S) to $23.00 (from $30.00) while maintaining a Buy rating.
The analyst comments "Ss Q1/April print was disappointing. Most notably, S delivered ARR of $762MM / +35% y/y vs our estimate of $767MM /+36.2% (street $765MM). In addition, the company... More
Zscaler (ZS) PT Lowered to $220 at BTIG
May 31, 2024 4:43 AM EDTBTIG analyst Gray Powerll lowered the price target on Zscaler (NASDAQ: ZS) to $220.00 (from $258.00) while maintaining a Buy rating.
The analyst comments "ZS delivered exceptional FQ3/April results and increased its outlook for FY24. Most notably, ZS posted billings of $628MM / +30% y/y in FQ324 vs our and Street estimates of $584MM / 21.0%. In addition, operating income and FCF were substantially above street estimates. And the updated... More
