After-hours movers: Qualcomm, e.l.f. Beauty, Lyft and more

e.l.f. Beauty, Inc. (ELF) Trading LOD Following Earlier Comments Company Lost Top Seller Position

November 8, 2024 9:53 AM EST

e.l.f. Beauty, Inc. (NYSE: ELF) Trading LOD Following Earlier Comments Company Lost Top Seller Position

Into the Regular Market Open Traders Circulate Comments on e.l.f. Beauty, Inc. (ELF)

... More

Into the Regular Market Open Traders Circulate Comments on e.l.f. Beauty, Inc. (ELF)

November 8, 2024 9:28 AM EST

Into the Regular Market Open Traders Circulate Comments on e.l.f. Beauty, Inc. (NYSE: ELF)

The firm states they do not issue upgrades nor downgrades nor any ratings.Per the firm disclosures: "OTR uses a set of symbols to... More

Match Group (MTCH) PT Lowered to $53 at Barclays

November 8, 2024 5:10 AM EST

Barclays analyst Ross Sandler lowered the price target on Match Group (NASDAQ: MTCH) to $53.00 (from $55.00) while maintaining a Overweight rating.

The analyst comments "The Key Take-Away: MTCH reported revenue and EBITDA that were broadly in-line with consensus but guided below for 4Q. The... More

Match Group (MTCH) PT Lowered to $40 at Goldman Sachs

November 8, 2024 4:57 AM EST

Goldman Sachs analyst Alexandra Steiger lowered the price target on Match Group (NASDAQ: MTCH) to $40.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "In its Q324 earnings report, Match Group produced a weaker set of results with Tinder facing several headwinds including pressure on user... More

Match Group (MTCH) PT Lowered to $35 at Truist Securities

November 7, 2024 2:21 PM EST

Truist Securities analyst Youssef Squali lowered the price target on Match Group (NASDAQ: MTCH) to $35.00 (from $37.00) while maintaining a Hold rating.

The analyst comments "We remain at Hold awaiting better visibility into the turnaround at Tinder, which now may take until 2H25... More

SolarEdge Technologies (SEDG) PT Lowered to $15 at Truist Securities

November 7, 2024 1:29 PM EST

Truist Securities analyst Jordan Levy lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $15.00 (from $20.00) while maintaining a Hold rating.

The analyst comments "While SEDG's 4Q guide came in below the Street, given prior commentary by peer Enphase (ENPH, Buy) on... More

Mizuho Downgrades SolarEdge Technologies (SEDG) to Neutral

November 7, 2024 9:16 AM EST

Mizuho analyst Maheep Mandloi downgraded SolarEdge Technologies (NASDAQ: SEDG) from Outperform to Neutral with a price target of $11.00.

The analyst comments "We reduce our PT by 68% (or by $24/sh) to $11, due to weaker European demand, lower fire-sale ASPs, and lower EBITDA margin... More

Lyft (LYFT) PT Raised to $16 at Cantor Fitzgerald

November 7, 2024 6:33 AM EST

Cantor Fitzgerald analyst Deepak Mathivanan raised the price target on Lyft (NASDAQ: LYFT) to $16.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "LYFTs (N) 3Q24 results came in with bookings and EBITDA ahead of Street estimates (Visible Alpha) by 1% and 14%,... More

SolarEdge Technologies (SEDG) PT Lowered to $18 at JPMorgan

November 7, 2024 6:09 AM EST

JPMorgan analyst Mark Strouse lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $18.00 (from $29.00) while maintaining a Overweight rating.

The analyst comments "EDG reported 3Q results slightly below expectations excluding a significant write-off. 4Q guidance was well below expectations owing to weak demand... More

Lyft (LYFT) PT Raised to $19 at Evercore ISI

November 7, 2024 5:53 AM EST

Evercore ISI analyst Mark Mahaney raised the price target on Lyft (NASDAQ: LYFT) to $19.00 (from $17.00) while maintaining a In Line rating.

The analyst comments "Our View: We maintain our In-Line rating and increase our PT to $19 from $17 in the wake of... More

e.l.f. Beauty (ELF) PT Lowered to $170 at DA Davidson

November 7, 2024 5:48 AM EST

DA Davidson analyst Linda Bolton Weiser lowered the price target on e.l.f. Beauty (NYSE: ELF) to $170.00 (from $223.00) while maintaining a Buy rating.

The analyst comments "BUY-rated ELF reported sales +40%, beating consensus by $11M, and raised FY25 guidance by $35M.... More

AppLovin Corp (APP) PT Raised to $291 at BTIG, Remains Top Pick

November 7, 2024 5:46 AM EST

BTIG analyst Clark Lampen raised the price target on AppLovin Corp (NASDAQ: APP) to $291.00 (from $202.00) while maintaining a Buy rating.

The analyst comments "We expected a relatively quiet, in-line 3Q24 print for AppLovin. Lo and behold, Software revenue (soon to be more appropriately renamed the "Advertising" segment) topped our estimate by 11% as a result of a second and more meaningful Axon 2.0 model enhancement (incremental share capture was higher vs. 1Q24). Bigger picture, results and call commentary provided... More

Lyft (LYFT) PT Raised to $20 at Barclays

November 7, 2024 5:43 AM EST

Barclays analyst Ross Sandler raised the price target on Lyft (NASDAQ: LYFT) to $20.00 (from $14.00) while maintaining a Equalweight rating.

The analyst comments "The Key Takeaway: LYFT reported GBs and EBITDA 1% and 14% above consensus, respectively, and guided ahead. Everything seems to be a tad... More

Lyft (LYFT) PT Raised to $20 at Goldman Sachs

November 7, 2024 5:38 AM EST

Goldman Sachs analyst Eric Sheridan raised the price target on Lyft (NASDAQ: LYFT) to $20.00 (from $19.00) while maintaining a Neutral rating.

The analyst comments "In its Q324 earnings report, Lyft (LYFT) framed a few key themes: 1) Strong operating momentum as Gross Bookings (GBs) and Revenue exceeded... More

Bumble Inc. (BMBL) PT Raised to $8 at Citi

November 7, 2024 5:29 AM EST

Citi analyst Ygal Arounian raised the price target on Bumble Inc. (NASDAQ: BMBL) to $8.00 (from $6.00) while maintaining a Neutral rating.

The analyst comments "While Bumble delivered good enough 3Q24 results and 4Q24 guidance, strategic initiatives are still early, and real... More

SolarEdge Technologies (SEDG) PT Lowered to $10 at BofA Securities

November 7, 2024 5:17 AM EST

BofA Securities analyst Dimple Gosai lowered the price target on SolarEdge Technologies (NASDAQ: SEDG) to $10.00 (from $14.00) while maintaining a Underperform rating.

The analyst comments "We recently downgraded SolarEdge Technologies (SEDG) due to increased electiondriven uncertainty and reiterate our U/P rating... More