Jefferies cut the price target on Salesforce, Inc. (NYSE: CRM) from $250 to $240. Jefferies analyst Brent Thill maintained the stock with a Buy rating. Salesforce shares fell 1.2% to trade at $146.20 on Monday.
U.S. stocks closed higher on Friday, with the Dow Jones gaining around 200 points. Here is the list of some big stocks recording gains in the previous session.
Gainers
PaxMedica, Inc. (NASDAQ: PXMD) gained 53.5% to $2.38 after the company announced an equity investment agreement for up to $20 million with Lincoln Park Capital.
Atkore International Gr (NYSE:ATKR) reported quarterly earnings of $5.52 per share which beat the analyst consensus estimate of $5.08 by 8.66 percent. This is a 25.74 percent increase over earnings of $4.39 per share
Companies Reporting Before The Bell
• So-Young Intl (NASDAQ:SY) is estimated to report quarterly earnings at $0.14 per share on revenue of $62.46 million.