After-Hours Stock Movers 09/21: (MRIN) (SFIX) Higher; (SMMT) (LPTX) (FDX) Lower (more...)

Hyatt Hotels (H) Prices 7M Share Stock Offering at $74.50/sh

Hyatt Hotels Corporation (NYSE: H), a leading global hospitality company, announced today the pricing of its underwritten registered public offering of 7,000,000 shares of its Class A common stock at a public offering price of $74.50 per share. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares from the Company at the public offering price, less the underwriting discount. The Company estimates that the net proceeds from the offering, after deducting the underwriting discount and estimated expenses of the offering, will be approximately $500,140,000, or $575,236,000 if the underwriters exercise their option to... More

Adobe (ADBE) PT Raised to $670 at Piper Sandler

Piper Sandler analyst Brent Bracelin raised the price target on Adobe (NASDAQ: ADBE) to $670.00 (from $600.00) while maintaining an Overweight rating.

The analyst commented, "The magnitude of Q2 upside and 43% corresponding jump in ADBE shares in the last six months... More

Adobe (ADBE) PT Raised to $760 at Jefferies

Jefferies analyst Brent Thill raised the price target on Adobe (NASDAQ: ADBE) to $760.00 (from $750.00) while maintaining a Buy rating following strong earnings.

The analyst commented, "FQ3 delivered a solid beat, though with a smaller upside than in F1H and smaller than what... More

Leap Therapeutics (LPTX) Prices $90M Share and Warrant Offering at $2.85/sh

Leap Therapeutics, Inc. (Nasdaq: LPTX), a biotechnology company focused on developing targeted and immuno-oncology therapeutics, today announced the pricing of an underwritten public offering of its common stock at a public offering price of $2.85 per share and of pre-funded warrants to purchase shares of its common stock at a public offering price of $2.849 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant. The gross proceeds to Leap from this offering are expected to be approximately $90 million, before deducting... More

FedEx (FDX) PT Lowered to $297 at Cowen

Cowen analyst Helane Becker lowered the price target on FedEx (NYSE: FDX) stock to $297.00 (from $335.00) while maintaining an Outperform rating following disappointing earnings due to higher labor costs.

The analyst commented, "FedEx reported disappointing earnings due to higher labor costs as they... More

Stitch Fix, Inc. (SFIX) PT Lowered to $46 at Stifel

Stifel analyst Scott Devitt lowered the price target on Stitch Fix, Inc. (NASDAQ: SFIX) to $46.00 (from $70.00) while maintaining a Hold rating following earnings.

The analyst commented, "Stitch Fix reported strong F4Q:21 results as revenue and adj. EBITDA margin exceeded expectations. Revenue increased... More