After-hours movers: ZoomInfo surges, Arista Networks slumps, and more
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StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil falls almost 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Morgan Stanley Upgrades Cadence Designs (CDNS) to Overweight, 'Strategy Vindicated'
February 14, 2024 7:12 AM ESTMorgan Stanley analyst Lee Simpson upgraded Cadence Designs (NASDAQ: CDNS) from Equalweight to Overweight with a price target of $350.00 (from $260.00).
The analyst comments "We expect momentum in chip design will continue into next year at least. Rivals are also following CDNS' lead into... More
Avis Budget Group (CAR) PT Lowered to $240 at JPMorgan, 'Lower Pricing and Higher Depreciation Amidst Near-term Over-fleeting'
February 14, 2024 4:37 AM ESTJPMorgan analyst Ryan Brinkman lowered the price target on Avis Budget Group (NASDAQ: CAR) to $240.00 (from $280.00) while maintaining a Overweight rating.
The analyst comments "We are trimming our estimates and price target for CAR shares after the company reported modestly softer than expected 4Q results Monday after the close that we earlier expected to spark only a modestly negative reaction (after all, 4Q EBITDA of $311 mn tracked just -$20 mn less than Bloomberg consensus for $331 mn see our February 13 note, Avis Budget Group: Expect Slightly Negative Reaction to Slightly Softer 4Q EBITDA Driven... More
Teradata (TDC) PT Lowered to $58 at Evercore ISI
February 13, 2024 4:07 AM ESTEvercore ISI analyst Chirag Ved lowered the price target on Teradata (NYSE: TDC) to $58.00 (from $65.00) while maintaining a Outperform rating.
The analyst comments "TDC delivered mixed F4Q results with total revenue of $457mn (+1% y/y in c/c) vs. our/Street expectations of $461.4/$455.8mn, total ARR of $1,570mn (+5% in c/c) vs. our/Street expectations of $1,587/$1,578mn, and EPS of $0.56 coming in ahead of our/Street estimates of $0.50/$0.51. Most significantly, cloud ARR landed at $528mn, up 48% and +46% in c/c, but below... More
Citi Defending Focus List Name Arista Networks (ANET) Following Sell Off
February 13, 2024 3:36 AM ESTCiti analyst Atif Malik reiterated a Buy rating and $300.00 price target on Arista Networks (NYSE: ANET).
The analyst comments "ANET stock was down 6% after reporting a beat on the Dec-Q, guiding in-line Mar-Q, and maintaining +10-12% 2024 sales outlook. We believe the stock reaction likely... More
