After-hours movers: DraftKings, Roku, Twilio, Airbnb and more

Goldman Sachs Downgrades Informatica (INFA) to Neutral

Goldman Sachs analyst Kash Rangan downgraded Informatica (NYSE: INFA) from Buy to Neutral with a price target of $20.00 (from $38.00).

The analyst comments "We are downgrading Informatica to Neutral (from Buy) with a 12-m $20 Price Target (vs. $38 prior). Our Buy thesis, which did not play out, had been predicated on Informatica successfully executing on its Cloud transition, paving the way to accelerating ARR/Revenue growth and higher FCF generation relative to the companys mid-term... More

Coinbase Global Inc. (COIN) PT Lowered to $325 at CFRA

CFRA analyst Michael Elliott lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $325.00 (from $335.00) while maintaining a Hold rating.

The analyst comments "We decrease our 12-month target by $10 to $325 on EV/sales of 10.7x our 2025 sales estimate. We increase 2025 EPS estimate... More

Wynn Resorts (WYNN) PT Raised to $113 at CFRA

CFRA analyst Zachary Warring raised the price target on Wynn Resorts (NASDAQ: WYNN) to $113.00 (from $103.00) while maintaining a Strong Buy rating.

The analyst comments "We lower our 12-month price target by $10 to $113, based on 8.5x our 2025 adjusted EBITDAR estimate, lower than the company's... More

Airbnb Inc. (ABNB) PT Raised to $170 at DA Davidson

DA Davidson analyst Tom White raised the price target on Airbnb Inc. (NASDAQ: ABNB) to $170.00 (from $131.00) while maintaining a Neutral rating.

The analyst comments "Tweaking ests, Raising PT - Our NEUTRAL rating is largely a function of valuation. At a... More

Roku Inc. (ROKU) PT Raised to $75 at Morgan Stanley

Morgan Stanley analyst Benjamin Swinburne raised the price target on Roku Inc. (NASDAQ: ROKU) to $75.00 (from $67.00) while maintaining a Underweight rating.

The analyst comments "A year ago, Roku laid out three initiatives to drive faster growth and is executing well. The... More

DraftKings Inc. (DKNG) PT Raised to $51 at Benchmark, New Top Idea

(Updated - February 14, 2025 10:27 AM EST)

Benchmark analyst Mike Hickey raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $51.00 (from $44.00) while maintaining a Buy rating.

The analyst commented, "DraftKings delivered in-line results for the quarter, which was challenged by... More

William Blair Reiterates Outperform Rating on Twilio (TWLO)

William Blair analyst Bhavan Suri reiterated an Outperform rating on Twilio (NYSE: TWLO).

The analyst comments "Twilios fourth-quarter results were solid and largely as expected given the company preannounced results at its analyst day in January (see our note here: Positive Investor Day; Lays Out Aspiration for Durable Double-Digit Growth With Material Margin Expansion Ahead). Revenue growth accelerated to 11% in the quarter and Twilio reiterated its 2025 guidance of 7%-8%... More

William Blair Reiterates Outperform Rating on Palo Alto Networks (PANW)

William Blair analyst Jonathan Ho reiterated an Outperform rating on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "The stock is trading lower in the aftermarket, likely reflecting the modest increase in guidance and lingering concerns about net new ARR growth as NGS... More

Citi Reiterates Buy Rating on Coinbase Global Inc. (COIN)

Citi analyst Peter Christiansen reiterated a Buy rating and $350.00 price target on Coinbase Global Inc. (NASDAQ: COIN)

The analyst comments "Coinbase posted significantly better than expected results, topping revenue expectations by 27% mostly on a higher mix of consumer volume, better staking revenue (higher... More

Applied Materials (AMAT) PT Raised to $202 at Citi

Citi analyst Atif Malik raised the price target on Applied Materials (NASDAQ: AMAT) to $202.00 (from $194.00) while maintaining a Buy rating.

The analyst comments "AMAT was -5% after Jan-Q beat and mixed Apr-Q guide with revs/EPS -2%/+0.3% vs Street but better... More

Roku Inc. (ROKU) PT Raised to $120 at Needham

Needham analyst Laura Martin raised the price target on Roku Inc. (NASDAQ: ROKU) to $120.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "What we liked most: a) Roku's installed base reached 90mm homes in Jan 2025, adding nearly 10mm HHs in 2024; b)... More

Roku Inc. (ROKU) PT Raised to $125 at Susquehanna

Susquehanna analyst Shyam Patil raised the price target on Roku Inc. (NASDAQ: ROKU) to $125.00 (from $80.00) while maintaining a Negative rating.

The analyst comments "Our Thoughts. ROKU reported a strong quarter and outlook, and we expect the momentum to continue to build... More

Informatica (INFA) PT Lowered to $24 at Truist Securities

Truist Securities analyst Miller Jump lowered the price target on Informatica (NYSE: INFA) to $24.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "We can't say we saw this coming on our first INFA earnings call post-initiation. The company... More

Guggenheim Reiterates Sell Rating on Palo Alto Networks (PANW)

Guggenheim analyst John DiFucci reiterated a Sell rating and $130.00 price target on Palo Alto Networks (NASDAQ: PANW)

The analyst comments "Palo Alto Networks reported F2Q results largely in line with our preview, "Fair is Foul and Foul is Fair", showing little upside to the companys chosen top-line metrics (NGS ARR, RPO, Revenue), but two metrics surprised us. Cash flow was much weaker than consensus, and we estimate that Total New ARR (our preferred metric to measure the momentum of the entire business) likely declined for the sixth consecutive quarter against the... More

Wynn Resorts (WYNN) PT Raised to $97 at Citi

Citi analyst George Choi raised the price target on Wynn Resorts (NASDAQ: WYNN) to $97.00 (from $95.00) while maintaining a Buy rating.

The analyst comments "Key takeaways from Wynn Resorts 4Q24 earnings call: (1) Management estimates the Super Bowl headwind to be ~US$25m in... More