BMO Capital analyst John Joyner downgrades Altra Industrial Motion (NASDAQ:AIMC) from Outperform to Market Perform and raises the price target from $50 to $62.
Altra Industrial Motion (NASDAQ:AIMC) reported quarterly earnings of $0.80 per share which missed the analyst consensus estimate of $0.83 by 3.61 percent. This is unchanged from the same period last year. The company
Gainers
UserTesting, Inc. (NYSE: USER) shares jumped 91.7% to close at $7.40 after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $1.3 billion. The company also reported better-than-expected Q3 sales results.
U.S. stocks closed mixed on Thursday, with the Dow Jones gaining close to 200 points. Here is the list of some big stocks recording gains in the previous session.
Gainers
HeartCore Enterprises, Inc. (NASDAQ: HTCR) gained 111% to $2.03 after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool.