Raymond James

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) hit new 52-week lows on Friday after the company came out with lower third-quarter guidance Thursday after the market close. The company said its third-quarter revenue would hit $5.6 billion, lower than a previous outlook of $6.7 billion....

Hurricane Ian is just off the Gulf Coast of Florida and approaching landfall near Cape Coral as a Category 4 storm with maximum sustained winds of 155 miles per hour. On Wednesday, several Wall Street analysts said it's still too soon to project the potential impact Ian will have on insurance...

Shares of Biogen Inc (NASDAQ: BIIB) were flying on Wednesday, after the biopharma company said its experimental Alzheimer’s drug with Japanese partner Eisai showed promising results. RBC Capital Markets On Biogen Analyst Brian Abrahams maintained an Outperform rating, while raising the price...

Planet Fitness Inc. (NYSE: PLNT) has a defensive business model and meaningful store growth opportunity, according to Raymond James. The Analyst: Joseph Altobello upgraded the rating for Planet Fitness from Market Perform to Strong Buy, while establishing a price target of $70. The Thesis: The...

The highly anticipated Grand Theft Auto 6 video game from Take-Two Interactive Software Inc (NASDAQ: TTWO) was officially confirmed by the company earlier this year but had no release date set. Gamers had been waiting for it to come out for years with the last game in the series,...

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind. Markets in Turmoil? On Friday, the Dow lost 1%, Nasdaq fell 1.59% and...

Shares of Coupa Software Inc (NASDAQ: COUP) spiked in Tuesday's after-hours session, after the company reported upbeat financial results and announced a $100 million buyback. Wells Fargo On Coupa Software Analyst Michael Turrin maintained an Equal-Weight rating, while reducing the price target...

Broadcom Inc (NASDAQ: AVGO) Thursday reported third-quarter earnings and revenues ahead of expectations. BofA Securities On Broadcom Analyst Vivek Arya reiterated a Buy rating and $625 price target. The company delivered another beat-and-raise quarter, “with FQ3 sales up 25% YoY (despite YoY...

Shares of Okta Inc (NASDAQ: OKTA) fell in after-hours trading, despite the company reporting a lower-than-expected loss for the second quarter. JMP Securities On Okta Analyst Trevor Walsh reiterated a Market Outperform rating while reducing the price target from $165 to $145. “The stock...

E-commerce pet care company Chewy Inc (NYSE: CHWY) reported second-quarter financial results after-hours Tuesday. Analysts are reacting to revenue coming in below Street estimates and earnings per share beating estimates. The Chewy Analysts: Bank of America analyst Nat Schindler has a Buy...

Hewlett Packard Enterprise Co.’s (NYSE: HPE) quarterly results were broadly in-line with expectations, while earnings and cash flow forecasts were slightly lower, according to Raymond James. The Hewlett Packard Enterprise Analyst: Simon Leopold maintained an Outperform rating and a price...

Shares of Snowflake Inc. (NYSE: SNOW) soared in after-hours trading on Wednesday, after the Bozeman, Montana-based company reported its quarterly revenues ahead of expectations. Mizuho Securities Analyst Gregg Moskowitz reiterated a Buy rating, while raising the price target from $200 to $225....

Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. BMO Capital Markets Analyst Ambrish Srivastava reiterated an...

Palo Alto Networks Inc.’s (NASDAQ: PANW) stock climbed Monday after the Santa Clara, California-based company reported strong quarterly earnings and announced a 3-for-1 stock split. KeyBanc Capital Markets On Palo Alto Networks Analyst Michael Turits reiterated an Overweight rating, while...

Cisco Systems Inc (NASDAQ: CSCO) reported quarterly earnings of 83 cents per share, beating the consensus estimate by 1 cent per share, on revenues of $13.1 billion, ahead of the Street expectations of $12.7 billion. Here's what the sell side has to say after the print.  JMP Securities On...