After-Hours Stock Movers 01/12: (ADGI) (PBYI) (KBH) Higher; (ESTC) (HCI) (ARCC) Lower (more...)
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- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
KB Home (KBH) PT Raised to $55 at RBC Capital
January 13, 2022 7:30 AM ESTRBC Capital analyst Mike Dahl raised the price target on KB Home (NYSE: KBH) to $55.00 (from $46.00) while maintaining an Outperform rating following results, which included "narrative-altering" upside margin guidance.
The analyst commented, "Our FY22E EPS rises 23% to $10.24 (from $8.36) following a robust margin guide... More
Elastic NV. (ESTC) PT Lowered to $130 at Goldman Sachs
January 13, 2022 6:57 AM ESTGoldman Sachs analyst Kash Rangan lowered the price target on Elastic NV. (NYSE: ESTC) to $130.00 (from $150.00) while maintaining a Neutral rating on the CEO and leadership transitions.
"In our view, the transitions of the CEO and Head of WW sales adds near-term risk and... More
Ares Capital (ARCC) Prices 10M Share Offering
January 13, 2022 5:33 AM ESTAres Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2022. The offering of the shares is being made under Ares Capitals shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On January 12, 2022, the official close price of Ares Capitals common stock... More
