Bumble, Tapestry, Nio fall premarket; ZipRecruiter, Rivian rise
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NIO (NIO) losses expected to widen on low profitability - China Renaissance
November 14, 2022 12:11 PM ESTNIO Inc. (NYSE: NIO) was cut to Hold from Buy, with its price target lowered to $12.30 per share by China Renaissance analyst Yiming Wang in a note Monday.
Wang told investors that NIO's net loss widened on lower GPM and higher expense ratios in the third quarter.
"NIO's 3Q22 revenue rose 32.6% YoY/ 26.3% QoQ to... More
Tapestry Inc. (TPR) PT Lowered to $39 at Jefferies
November 11, 2022 8:22 AM ESTJefferies analyst Ashley Helgans lowered the price target on Tapestry Inc. (NYSE: TPR) to $39.00 (from $47.00) while maintaining a Buy rating.
The analyst commented, "Q1 beat, with solid growth at Coach and further outperformance at Kate Spade. FY23 guide was lowered... More
NIO (H-Shares) (9966:HK) (NIO) PT Lowered to HK$95.20 at BOCOM Int'l, 'Loss widened in 3Q22 on expenses'
November 11, 2022 3:55 AM ESTBOCOM Int'l analyst Angus Chan lowered the price target on NIO (H-Shares) (9966:HK) (NYSE: NIO) to HK$95.20 while maintaining a Neutal rating.
The analyst comments "NIO reported in-line 3Q22 results, with vehicle sales/sales volume up 38.2% /26.1% YoY to RMB11.9bn/31,607... More
Dutch Bros Inc. (BROS) PT Lowered to $45 at Jefferies
November 10, 2022 8:19 AM ESTJefferies analyst Andy Barish lowered the price target on Dutch Bros Inc. (NYSE: BROS) to $45.00 (from $55.00) while maintaining a Buy rating.
The analyst commented, "Solid SSS and rest-level margins ahead of expectations, helped by 10%+ pricing now on menu, while EBITDA missed on... More
