10 Biggest Price Target Changes For Monday
UBS boosted the price target on Seagate Technology Holdings plc (NASDAQ: STX) from $83 to $105. Seagate shares rose 0.8% to $91.05 in pre-market trading.
DA Davidson Maintains Buy on Beachbody, Lowers Price Target to $11.5
DA Davidson analyst Linda Bolton Weiser maintains Beachbody (NYSE:BODY) with a Buy and lowers the price target from $14.5 to $11.5.
78 Biggest Movers From Friday
Gainers
PharmaCyte Biotech, Inc. (NASDAQ: PMCB) shares jumped 43.4% to close at $3.27. PharmaCyte Biotech recently reported closing of $15-million public offering.
Why The Beachbody Company’s Stock Is Plunging Today
Beachbody Company Inc (NYSE: BODY) shares are trading lower by 9.7% at $7.30 Friday morning after the company reported a second-quarter net loss of $12.4 million, versus $10 million in the same quarter last year and worse-than-expected second-quarter sales results.
Beachbody Q2 Net Loss $12.4M vs $10M In Same Qtr. Last Year, Adj. EBITDA Loss $4.4M, Sales $223.10M Miss $260.15M Estimate
Beachbody (NYSE:BODY) reported quarterly sales of $223.10 million which missed the analyst consensus estimate of $260.15 million by 14.24 percent.