After-hours movers: Tesla, Lam Research, IBM and more
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StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Piper Sandler Reiterates Overweight Rating on Tesla (TSLA)
October 24, 2024 11:12 AM EDTPiper Sandler analyst Alexander Potter reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Tesla's automotive COGS per unit dropped from $36,800 last quarter to $35,100 in Q3. How is this possible? The short answer is: we don't exactly... More
Deutsche Bank Reiterates Buy Rating on Tesla (TSLA)
October 24, 2024 10:29 AM EDTDeutsche Bank analyst Edison Yu reiterated a Buy rating and $295.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Tesla delivered impressive Q3 margin in both Auto (boosted by FSD) and Energy (highest on record). In addition, vehicle volume appears to be inflecting upwards with Q4... More
ServiceNow (NOW) PT Raised to $1,045 at RBC Capital
October 24, 2024 6:43 AM EDTRBC Capital analyst Matthew Hedberg raised the price target on ServiceNow (NYSE: NOW) to $1,045.00 (from $985.00) while maintaining a Outperform rating.
The analyst comments "Against a high bar, Q3/24 demonstrated nice upside while CY/24 subscription revenue guidance moved higher by more than the beat.... More
Tesla (TSLA) PT Raised to $238 at Truist Securities, 'More questions than answers', 'where's the beef?'
October 24, 2024 6:28 AM EDTTruist Securities analyst William Stein raised the price target on Tesla (NASDAQ: TSLA) to $238.00 (from $236.00) while maintaining a Hold rating.
The analyst comments "More questions than answers. In Q3 TSLA delivered GPM & EPS upside from lower auto COGS & higher regulatory credits.... More
Tesla (TSLA) PT Raised to $195 at Jefferies
October 24, 2024 6:25 AM EDTJefferies analyst Philippe Houchois raised the price target on Tesla (NASDAQ: TSLA) to $195.00 (from $165.00) while maintaining a Hold rating.
The analyst comments ""We, Robot" mostly fell flat. Without much indication of progress on either technology or business models, we are back to focusing on... More
Goldman Sachs Reiterates Conviction Buy Rating on IBM (IBM)
October 24, 2024 6:18 AM EDTGoldman Sachs analyst James Schneider reiterated a Conviction Buy rating and $250.00 price target on IBM (NYSE: IBM)
The analyst comments "Key stock takeaways: We expect the stock to pull back following results, as strength in Software was offset by a revenue miss in Consulting and Infrastructure, with tepid Consulting revenue likely continuing into early 2025.... More
ServiceNow (NOW) PT Raised to $1,050 at Goldman Sachs
October 24, 2024 6:17 AM EDTGoldman Sachs analyst Kash Rangan raised the price target on ServiceNow (NYSE: NOW) to $1,050.00 (from $1,000.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating and raise our Price Target to $1,050 on ServiceNow following strong outperformance on key metrics, including a +200 bps beat on Subs Revenue and +150 bps beat on cRPO (CC), broadly aligning with our F3Q... More
Align Technology (ALGN) PT Lowered to $235 at Leerink Partners
October 24, 2024 6:12 AM EDTLeerink Partners analyst Michael Cherny lowered the price target on Align Technology (NASDAQ: ALGN) to $235.00 (from $257.00) while maintaining a Market Perform rating.
The analyst comments " Bottom Line: Align Technologys 3Q results did come in softer than expectations, impacted by market conditions that weighed on... More
Align Technology (ALGN) PT Lowered to $250 at Evercore ISI
October 24, 2024 6:06 AM EDTEvercore ISI analyst Elizabeth Anderson lowered the price target on Align Technology (NASDAQ: ALGN) to $250.00 (from $270.00) while maintaining a Outperform rating.
The analyst comments "Slightly weaker-than-expected 3Q results were largely previewed (e.g. our web scraping and survey results) with the stock down... More
Lam Research (LRCX) PT Lowered to $75 at Deutsche Bank
October 24, 2024 6:03 AM EDTDeutsche Bank analyst Melissa Weathers lowered the price target on Lam Research (NASDAQ: LRCX) to $75.00 (from $88.00) while maintaining a Hold rating.
The analyst comments "LRCX delivered what we view to be a fine report and guide, as strength in leading edge DRAM,... More
ServiceNow (NOW) PT Raised to $1,000 at Barclays
October 24, 2024 5:39 AM EDTBarclays analyst Raimo Lenschow raised the price target on ServiceNow (NYSE: NOW) to $1,000.00 (from $980.00) while maintaining a Overweight rating.
The analyst comments "With NOW shares up meaningfully since the Q2 print (NOW +24.2% vs. IGV +9.5), it was always difficult to expect a meaningfully... More
