Lyft Price Target Cut By 56%; Plus Piper Sandler Sees $61 For Five9
Evercore ISI Group cut the price target on Lyft, Inc. (NASDAQ: LYFT) from $41 to $18. Lyft shares fell 17.1% to $11.72 on Tuesday.
Morgan Stanley Maintains Equal-Weight on Five9, Lowers Price Target to $55
Morgan Stanley analyst Meta Marshall maintains Five9 (NASDAQ:FIVN) with a Equal-Weight and lowers the price target from $75 to $55.
US Stocks Keep Calm Ahead Of Midterms As Nasdaq, S&P 500 Futures Surge — Tesla, Nvidia, Lyft, Take-Two In Focus
Trading in the U.S. index futures points to a modestly positive start on Wall Street on Tuesday even as traders look ahead to the results of the midterm elections scheduled for the day. The results have implications for the policies of the government and in turn spending.
Earnings Scheduled For November 7, 2022
Companies Reporting Before The Bell
• NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings at $0.13 per share on revenue of $36.34 million.
Stocks That Hit 52-Week Lows On Friday
Friday's session saw 236 companies set new 52-week lows.
Piper Sandler Maintains Overweight on Five9, Lowers Price Target to $77
Piper Sandler analyst James Fish maintains Five9 (NASDAQ:FIVN) with a Overweight and lowers the price target from $150 to $77.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's trading, 517 companies set new 52-week lows.
Why Immunic Shares Jumped By Around 57%; Here Are 73 Biggest Movers From Yesterday
Gainers
Applied DNA Sciences, Inc. (NASDAQ: APDN) shares climbed 71% to close at $2.12 on Monday after the company announced it has received its largest single purchase order for LinearDNA™ valued above the mid-six-figures.