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Fortinet Must Face 'Reality Of Constrained Demand' After Mixed Q3, Analyst Says
Friday, November 3, 2023 - 11:14am | 635Shares of Fortinet Inc (NASDAQ: FTNT) tanked in early trading on Friday, after the company reported mixed quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities analyst Junaid Siddiqui maintained a Buy...
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Meta Platforms Reports Solid Q3 Print, But Q4 Outlook Is A Concern: 7 Analysts Dive Deeper Into Results
Thursday, October 26, 2023 - 12:01pm | 924Shares of Meta Platforms Inc (NASDAQ: META) tanked in early trading on Thursday, despite the company reporting upbeat third-quarter revenues. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Meta Platforms...
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Is Splunk A Good Investment After Cisco Deal Announcement? 7 Analysts Weigh In
Friday, September 22, 2023 - 12:34pm | 894Shares of Splunk Inc (NASDAQ: SPLK) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ: CSCO) announced its intention to acquire the company for $157 per share. BMO Capital Markets On Splunk Analyst Keith Bachman downgraded the rating from Outperform to Market Perform, while raising...
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5 Lululemon Analysts Praise Apparel Maker's Q2 Print, Outlook: 'Momentum Across The Board'
Friday, September 1, 2023 - 11:15am | 595Shares of Lululemon Athletica Inc (NASDAQ: LULU) spiked in early trading on Friday, after the Vancouver, Canada-based company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Telsey Advisory Group...
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Palo Alto Networks Stock Shoots Up After Q4 Print: 5 Analysts Deep Dive Into Why, Outlook
Monday, August 21, 2023 - 12:46pm | 682Shares of Palo Alto Networks Inc (NASDAQ: PANW) spiked in early trading on Monday, after the company reported its fiscal fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Palo Alto...
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Oracle Exhibits Strong And Sustained Cloud Momentum: 5 Wall Street Analysts React To FQ4 Results
Tuesday, June 13, 2023 - 11:40am | 627Shares of Oracle Corporation (NYSE: ORCL) climbed in early trading on Monday, after the company reported better-than-expected results for its fiscal fourth quarter. Goldman Sachs On Oracle Analyst Kash Rangan upgraded Oracle from Sell to Neutral, while raising the price target from $75 to $120. The...
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Will CrowdStrike Have A Weak Q2? 4 Analysts On 'Solid' Q1 Print, Macro Pressures
Thursday, June 1, 2023 - 10:57am | 558Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) tanked in early trading on Thursday, despite the company reporting upbeat earnings for its first quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Guggenheim Securities analyst...
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Chewy Inc's Shares Surge As Q1 Earnings Exceed Expectations: 4 Analysts Applaud Results
Thursday, June 1, 2023 - 10:35am | 632Shares of Chewy Inc (NYSE: CHWY) spiked in early trading on Thursday, after the company reported upbeat revenues and earnings for its first quarter. The report was released during the ongoing earnings season. Here are some key analyst takeaways from the earnings release. Guggenheim Securities On...
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Rain Oncology's Phase 3 Data Casts Doubt On Other Trials: Analyst Reevaluate Their Views
Tuesday, May 23, 2023 - 11:19am | 676Shares of Rain Oncology Inc (NASDAQ: RAIN) recovered in early trading on Tuesday, after having plummeted on disappointing cancer study data. Here are some key analyst takeaways from the company’s decision to halt studies for its lead candidate as a treatment for dedifferentiated (DD)...
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7 Lululemon Athletica Analysts On Q4 Print: 'Demand For LULU's Merchandise Remains Healthy And Strong,' But There May Be A Headwind
Wednesday, March 29, 2023 - 11:57am | 774Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...
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7 CrowdStrike Holdings Analysts Dissect The 'Solid' Beat And Raise Quarter
Wednesday, March 8, 2023 - 12:22pm | 749Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) spiked in the premarket on Wednesday, a day after the company reported its fourth-quarter results. Needham analyst Alex Henderson maintained a Buy rating and price target of $165. Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an...
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Why 5 Target Analysts Are Maintaining Ratings Following Q4 Results
Wednesday, March 1, 2023 - 12:42pm | 581Shares of Target Corporation (NYSE: TGT) declined sharply in early trading on Wednesday, despite the company reporting an earnings beat for its fourth quarter. KeyBanc Capital Markets On Target Analyst Bradley Thomas maintained an Overweight rating and price target of $180. Although the fourth-...
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These 6 Palo Alto Networks Analysts Are Happy With FQ2 Print
Wednesday, February 22, 2023 - 12:25pm | 679Shares of Palo Alto Networks Inc (NASDAQ: PANW) jumped in Wednesday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst Michael Turits reaffirmed an Outperform rating, while raising the price target from $210 to $230. Guggenheim Securities...
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Why These 4 Pinterest Analysts Are Happy With Q4 Results
Tuesday, February 7, 2023 - 1:28pm | 518Shares of Pinterest Inc (NYSE: PINS) continued to slide on Tuesday, after the company reported quarterly results. KeyBanc Capital Markets on Pinterest Analyst Justin Patterson maintained an Overweight rating while raising the price target from $28 to $32. While revenue of $877 million was below the...
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Tesla's Pricing Power Will Suffer Due To New IRS Rules For EV Sales Credit, Analyst Says
Saturday, December 31, 2022 - 3:43pm | 470Tesla, Inc. (NASDAQ: TSLA) shares recovered from their lowest level in more than two years this week, but an analyst at Guggenheim Securities said the company’s fundamental issues are far from over. The Tesla Analyst: Analyst Ali Faghri reiterated a Neutral rating on Tesla shares. The...