This Analyst Slashes PT On Lyft By 68%, Plus Telsey Advisory Group Predicts $125 For Nike
UBS cut Lyft, Inc. (NASDAQ: LYFT) price target from $50 to $16. Lyft shares fell 3.7% to $13.47 in pre-market trading.
Morgan Stanley Maintains Overweight on ProFrac Holding, Raises Price Target to $30
Morgan Stanley analyst Connor Lynagh maintains ProFrac Holding (NASDAQ:PFHC) with a Overweight and raises the price target from $28 to $30.
Dow Jumps 250 Points; Crude Oil Rises Over 1%
U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 250 points on Monday.
Earnings Scheduled For August 11, 2022
Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
B of A Securities Downgrades ProFrac Holding to Neutral, Announces $18 Price Target
B of A Securities analyst Chase Mulvehill downgrades ProFrac Holding (NASDAQ:PFHC) from Buy to Neutral and announces $18 price target.
Why Is DoorDash Down By 8%? 38 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares surged 69.5% to $2.1199 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients' clinical condition.
76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More
Gainers
Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.
Dow Jumps 150 Points; Ocean Bio-Chem Shares Spike Higher
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.