63 Biggest Movers From Yesterday
Gainers
Tenneco Inc. (NYSE: TEN) shares surged 93.9% to close at $19.35 on Wednesday after the company announced it will be acquired by Apollo Funds. Tenneco also reported a Q4 loss of $0.11 per share.
RBC Capital Maintains Outperform on Rackspace Technology, Lowers Price Target to $18
RBC Capital analyst Daniel Perlin maintains Rackspace Technology (NASDAQ:RXT) with a Outperform and lowers the price target from $24 to $18.
Credit Suisse Maintains Outperform on Rackspace Technology, Lowers Price Target to $19
Credit Suisse analyst Matt Cabral maintains Rackspace Technology (NASDAQ:RXT) with a Outperform and lowers the price target from $25 to $19.
Deutsche Bank Downgrades Rackspace Technology to Hold, Announces $9 Price Target
Deutsche Bank analyst Bryan Keane downgrades Rackspace Technology (NASDAQ:RXT) from Buy to Hold and announces $9 price target.
Earnings Scheduled For February 22, 2022
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
Rackspace Reports Expanded Partnership With Cloudflare To Offer Services For Cloudflare Zero Trust
Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, multicloud technology solutions company, today announced an expanded strategic partnership with Cloudflare to offer expert services for Cloudflare Zero Trust,
Rackspace Technology Announced Tuesday it Agreed to Acquire Just Analytics; Terms Not Disclosed
Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced that it has agreed to acquire Just Analytics, a leading provider of cloud-based data, analytics, and Artificial Intelligence (AI) services based in the Asia Pacific and Japan (APJ) region.
Rackspace Technology Works With Auronix On AWS Optimization
Rackspace Technology® (NASDAQ:RXT)— a leading end-to-end, multicloud technology solutions company— today announced its collaboration with Auronix to use and optimize Amazon Web Services, Inc. (AWS)
Rackspace’s Onica Announces AWS Emissions Monitoring, Surveillance Solutions Deployment Partnership
Onica by Rackspace Technology, the Amazon Web Services (AWS) focused business group of Rackspace Technology® (NASDAQ:RXT), a leading end-to-end, multicloud technology solutions company, today announced its