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Workday’s Stock Price Target Raised on Impressive Earnings

Workday's stock (NMS: WDAY) is up 6.83% today, having given up some of the further gains that immediately followed earnings in the after hours session. The stock had gained more than 11% in the extended hours, trading up clos

Asktraders News Team
Eli Lilly Continues Bullish Run as Stock Earns ‘Positive Catalyst Watch’ Tag

Eli Lilly's stock (NYSE: LLY) has added 2.16% today, bringing the cumulative gains off January lows to more than 25%. This increase is noteworthy, given the company's recent placement on JPMorgan's 'Positive Catalyst Watch' a

Asktraders News Team
AMC Reports Mixed Earnings as Record Revenue Comes on EPS Miss

AMC Entertainment Holdings has reported a successful fourth quarter in 2024, showing significant financial growth despite ongoing industry challenges. The company achieved a record revenue of $1.31 billion, marking an 18% inc

Asktraders News Team
DigitalOcean’s Stock Gains as Price Target Raised

Morgan Stanley has raised its price target for DigitalOcean Holdings, Inc. (NYSE: DOCN) to $52 from $41, while maintaining an Overweight rating on the cloud computing company's shares. The adjustment follows DigitalOcean's st

Asktraders News Team
TT Electronics Share Target Cut Following Delayed Results

Shares of TT Electronics (LON: TTG) continued to decline Wednesday after the company's announcement of a two-week delay in its FY24 results, which were initially scheduled for release in early March.

Sam Boughedda
B&M Shares: Down 45% in the Last 12 Months, Can it Turnaround?

B&M European Value Retail SA (LON: BME) shares have endured a sharp decline, with its stock down 45% over the past year, but Morgan Stanley believes a turnaround may be on the horizon. 

Sam Boughedda
Archer Aviation (NYSE: ACHR) Stock Down 25% With Earnings Looming

Archer Aviation stock (NYSE: ACHR) has seen more than a 25% decline in price over the past week of trading, as sentiment shifts leading into earnings on Thursday. Zooming out a little, and the story shifts, with the past 6 mo

Asktraders News Team
Globant’s Stock (NYSE: GLOB) Comes Off Lows as Analyst Revises Upwards

Despite a turbulent period for Globant's stock (NYSE: GLOB), recent analyst actions may signal a steadying horizon. This follows an upgrade from Redburn Atlantic, where analyst Harry Read has shifted the technology services p

Asktraders News Team
Hims & Hers Health Stock Down 40% From Highs as Drugs Being Phased Out

Hims & Hers Health delivered impressive financial results for the fourth quarter of 2024, demonstrating significant growth across key metrics and helping the stock (NYSE: HIMS) to a 4.12% gain in yesterday's session. Why

Asktraders News Team
Just Eat Takeaway Stock Downgraded Amid Acquisition Deal

Just Eat Takeaway.com (AMS: TKWY), a leading figure in the internet retail sector, has recently experienced a remarkable surge in its stock price, hitting a new 52 week high of 19.36, marking an increase of over 53% in yester

Asktraders News Team
Wood Group Share Price Rally Continues After Confirming Takeover Approach

John Wood Group (LON: WG.) extended gains on Tuesday after the company confirmed it had received a takeover approach from Sidara, an engineering firm that previously walked away from acquisition talks last year.

Sam Boughedda
Goldman Sachs: Standard Chartered Underlying Numbers Better Than Expected

Goldman Sachs analysts said in a note this week that Standard Chartered’s (LON: STAN) underlying Q4 2024 performance exceeded expectations, despite headline financials being impacted by several large items.

Sam Boughedda
Palantir Stock Pullback 30% as Uncertainty Hit’s Sentiment

Palantir's stock (NASDAQ:PLTR) has put holders on a rollercoaster this past month, as volatility hit a new peak. From the 1st February through to the 18th,

Asktraders News Team
What to Expect From Nvidia’s Earnings as Stock Continues To Stall

The US markets are continuing to experience volatility ahead of Nvidia's upcoming earnings report, with NVDA's stock itself having traded in a range for almost 9 mo

Asktraders News Team
Centrica Shares Make New 52 Week High as Dividend Increases

Centrica's share price (LON: CNA) hit a new 52 week high in the most recent session, touching 152.20 as the owner of British Gas reported financial results that exceeded market expectations, and announced an increase in its d

Asktraders News Team
YSX Tech Reports Mixed Results as Stock Volatility Continues

YSX Tech Co. Ltd (NASDAQ: YSXT), a provider of insurance aftermarket value-added services in China, has had a volatile start to 2025. The company's stock is down 39.13% on year-to-date basis, with the bullish action that had

Asktraders News Team
Morgan Stanley Raises Frontier Group’s Price Target

Morgan Stanley, a major investment firm, has recently imparted a significant endorsement upon Frontier Group Holdings, Inc. (NASDAQ: ULCC) by raising the airline's price target from $7 to $10, all the while maintaining an Equ

Asktraders News Team
Alibaba To Invest Heavily as Stock Rally Pauses For Breath

In a significant move within the tech industry, Chinese technology giant Alibaba Group Holding Ltd (NYSE: BABA) has announced a major investme

Asktraders News Team
Berkshire Hathaway Strengthens Investments in Japanese Stocks as Cash Balance Grows

Warren Buffett's Berkshire Hathaway has announced a significant increase in its investments in five major Japanese companies. This move marks a rare shift from the conglomerate's typical U.S.-focused investment strategy. In h

Asktraders News Team
Morgan Stanley Bullish on Smithfield Foods’ Stock

Smithfield Foods' stock (NASDAQ: SFD) received a favourable initiation from Morgan Stanley with an Overweight rating and a target price of $28. Despite a slight decline of approximately 0.94% to $21.10 in the recent trading s

Asktraders News Team
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