After-hours movers: Super Micro Computer, Exact Sciences, Trump Media & Technology
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- S&P 500, Dow tick higher as investors weigh Mideast negotiations
- Oil falls 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
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- Needham Starts NeoVolta (NEOV) at Buy
- 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
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Barclays Defending Coupang Inc (CPNG): 'Selloff Post 3Q Results Presents a Buying Opportunity'
November 7, 2024 6:07 AM ESTBarclays analyst Jiong Shao reiterated an Overweight rating and $32.00 price target on Coupang Inc (NYSE: CPNG).
The analyst comments "Key takeaways: While CPNG reported solid 3Q results with better than expected revenues, growing at 25% yoy in CC excluding Farfetch (FF), and better than expected group EBITDA margins of 4.4%, the... More
Mizuho Suspends Rating on Super Micro Computer (SMCI): 'Due to lack of full financial detailed and audited statements'
November 6, 2024 6:39 AM ESTMizuho Suspends Rating on Super Micro Computer (NASDAQ: SMCI): 'Due to lack of full financial detailed and audited statements'
The analyst comments "Due to lack of full financial detailed and audited statements we are suspending our rating/PT for SMCI.... More
Coupang Inc (CPNG) PT Raised to $25 at Mizuho
November 6, 2024 6:11 AM ESTMizuho analyst James Lee raised the price target on Coupang Inc (NYSE: CPNG) to $25.00 (from $23.00) while maintaining a Neutral rating.
The analyst comments "CPNG reported a good quarter with solid top-line growth and convincing EBITDA beat. The top line grew 32% FXN ex-Farfetch, leveraging the... More
Microchip Technology (MCHP) PT Lowered to $95 at Evercore ISI, 'We're Buyers'
November 6, 2024 5:54 AM ESTEvercore ISI analyst Mark Lipacis lowered the price target on Microchip Technology (NASDAQ: MCHP) to $95.00 (from $101.00) while maintaining a Outperform rating.
The analyst comments "Were Buyers Considering MCHP Shipping 46% Below Consumption. MCHP traded down by 5% in aftermarket trading after providing a DecQ... More
Coupang Inc (CPNG) PT Raised to $26.50 at Deutsche Bank
November 6, 2024 5:52 AM ESTDeutsche Bank analyst Peter Milliken raised the price target on Coupang Inc (NYSE: CPNG) to $26.50 (from $22.50) while maintaining a Hold rating.
The analyst comments "In 3Q24, Coupang's revenue grew 27%, or 25% ex FarFetch and FX changes. We see this as a remarkable result,... More
Super Micro Computer (SMCI) Reco Suspension Maintained at Needham, Broker Issues Comments
November 6, 2024 5:47 AM ESTSuper Micro Computer (NASDAQ: SMCI) Reco Suspension Maintained at Needham, Broker Issues Comments.
The analyst comments "SMCI announced mixed preliminary unaudited F1Q25 results in which revenue fell short of expectations while GM exceeded expectations. The shortfall in revenue was attributed to... More
Super Micro Computer (SMCI) PT Lowered to $25 at Barclays
November 6, 2024 5:41 AM ESTBarclays analyst George Wang lowered the price target on Super Micro Computer (NASDAQ: SMCI) to $25.00 (from $42.00) while maintaining a Equalweight rating.
The analyst comments "SMCI is currently working on finding a new auditor. The company also expects to submit a plan to Nasdaq before the Nov 16th deadline to regain compliance with Nasdaqs listing rules. If a plan is submitted and accepted, SMCI could have until Feb 25th, 2025 to file its 10-K. In our view, the risk of SMCI not meeting Nasdaq's listing... More
Super Micro Computer (SMCI) PT Lowered to $28 at Goldman Sachs
November 6, 2024 5:35 AM ESTGoldman Sachs analyst Michael Ng lowered the price target on Super Micro Computer (NASDAQ: SMCI) to $28.00 (from $67.50) while maintaining a Neutral rating.
The analyst comments "SMCIs F1Q25 preliminary results and F2Q25E missed on lower-than-expected revenue. Combined with the absence of revenue guidance reiteration, it appears that SMCI may potentially be seeing... More
JPMorgan Downgrades Super Micro Computer (SMCI) to Underweight
November 6, 2024 5:30 AM ESTJPMorgan analyst Samik Chatterjee downgraded Super Micro Computer (NASDAQ: SMCI) from Neutral to Underweight with a price target of $23.00 (from $50.00).
The analyst comments "We are downgrading shares of Super Micro to Underweight even following a positive update shared by the company in relation to opinion of the Special Committee, led by the following risk factors that are leading us to expect more uncertainty around both the regulatory filings as well as business fundamentals, including: 1) The company refrained from providing further transparency around the issues leading to the disagreement with the prior... More
Coupang Inc (CPNG) PT Raised to $31 at Citi
November 6, 2024 5:23 AM ESTCiti analyst John Yu raised the price target on Coupang Inc (NYSE: CPNG) to $31.00 (from $26.00) while maintaining a Buy rating.
The analyst comments "Mgmt has stated that for two consecutive quarters Product Commerce margins would be under pressure in the near term... More

