After-Hours Stock Movers 05/19: Palo Alto Ramps on Strong Results; Ross Stores Plunges (more...)
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Deckers Outdoor (DECK) PT Lowered to $350 at Jefferies, Remains Positive
May 20, 2022 8:04 AM EDTJefferies analyst Corey Tarlowe lowered the price target on Deckers Outdoor (NYSE: DECK) to $350.00 (from $450.00) while maintaining a Buy rating following earnings.
The analyst commented, "Demand remains strong for UGG and HOKA, as evidenced by 4Q revenue of $736M coming in ahead of... More
Applied Materials (AMAT) PT Lowered to $130 at Needham & Company
May 20, 2022 6:52 AM EDTNeedham & Company analyst N. Quinn Bolton lowered the price target on Applied Materials (NASDAQ: AMAT) to $130.00 (from $172.00) while maintaining a Buy rating following earnings.
The analyst commented, "Supply chain headwinds caused AMAT to miss estimates and guide below consensus.... More
Ross Stores, Inc. (ROST) PT Lowered to $80 at Wells Fargo
May 20, 2022 6:35 AM EDTWells Fargo analyst Ike Boruchow lowered the price target on Ross Stores, Inc. (NASDAQ: ROST) to $80.00 (from $90.00) while maintaining a Equal Weight rating following weak results and outlook.
The analyst commented, "Just 3 months after surprising investors with a better-than-feared initial 2022 outlook, ROST reported... More
Applied Materials (AMAT) PT Lowered to $160 at Mizuho Securities
May 20, 2022 6:26 AM EDTMizuho Securities analyst Vijay Rakesh lowered the price target on Applied Materials (NASDAQ: AMAT) to $160.00 (from $180.00) while maintaining a Buy rating following earnings.
The analyst commented, "AMAT reported AprQ Rev/EPS of $6.2B/$1.85 (slightly below consensus $6.4B/$1.91) and guided JulQ softer to $6.25B/$1.77... More
