After-Hours Movers: Oracle Up on Revenue Beat, Peloton Falls as Co-Founders Resign

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Go back to After-Hours Movers: Oracle Up on Revenue Beat, Peloton Falls as Co-Founders Resign

AppLovin Corp (APP) PT Lowered to $45 at Oppenheimer, But Positive at Unity Software Bid Dropped

September 13, 2022 6:52 AM EDT

Oppenheimer analyst Martin Yang lowered the price target on AppLovin Corp (NASDAQ: APP) to $45.00 (from $65.00) while maintaining an Outperform rating after the company said it is withdrawing its proposal for Unity Software.

The analyst commented, "On 9/12, APP announced that it does... More

Planet Labs (PL) PT Raised to $9 at Needham & Company on Q2 Beat

September 13, 2022 6:49 AM EDT

Needham & Company analyst Ryan Koontz raised the price target on Planet Labs (NYSE: PL) to $9.00 (from $8.00) while maintaining a Buy rating following Q2 beat.

The analyst commented, "PL delivered a strong F2Q23 that meaningfully beat on revenue (+59% y/y) and Adj. EBITDA, driven... More

Braze Inc (BRZE) PT Lowered to $50 at Cowen

September 13, 2022 6:48 AM EDT

Cowen analyst J. Derrick Wood lowered the price target on Braze Inc (NASDAQ: BRZE) to $50.00 (from $54.00) while maintaining an Outperform rating following earnings.

The analyst commented, "BRZE reported a mixed 2Q w/ rev growth of 54% above Street of 45%, but billings growth of 25% below... More

Cowen Reiterates Outperform Rating on Oracle (ORCL) Following 'Strong' Q1

September 13, 2022 6:46 AM EDT

Cowen analyst Derrick Wood reiterated an Outperform rating and $98.00 price target on Oracle (NYSE: ORCL) following strong Q1 results.

The analyst commented, "1Q revs grew 23% cc above Street of 21% w/ organic growth of 8% beating our 6% est, driven by accelerating... More