Bill.com Stock Jumps After Q4 Earnings: 4 Analysts React To Accelerating Organic Growth, Divvy Momentum
Bill.com Holdings Inc (NYSE: BILL) shares rallied Friday after the company reported better-than-expected fourth-quarter sales numbers.
Mid-Afternoon Market Update: Crude Oil Rises 2%; Navios Maritime Acquisition Shares Climb On Merger News
Toward the end of trading Friday, the Dow traded up 0.63% to 35,436.38 while the NASDAQ rose 1.23% to 15,130.14. The S&P also rose, gaining 0.88% to 4,509.16.
Mid-Day Market Update: Dow Jumps Over 200 Points; Bill.com Shares Spike Higher
Midway through trading Friday, the Dow traded up 0.69% to 35,457.78 while the NASDAQ rose 1.03% to 15,099.70. The S&P also rose, gaining 0.79% to 4,505.38.
35 Stocks Moving In Friday’s Mid-Day Session
Gainers
Support.com, Inc. (NASDAQ: SPRT) shares climbed 87% to $36.83 on abnormally high volume amid continued volatility. The stock has recently been mentioned as a potential short squeeze play by traders on social media.
Stocks That Hit 52-Week Highs On Friday
Before 10 a.m. ET Friday, 183 stocks hit new 52-week highs.
Why Bill.com Shares Are Surging Higher Today
Bill.com Holdings Inc (NYSE: BILL) is trading significantly higher Friday after the company reported better-than-expected fourth-quarter fiscal 2021 revenue results and issued guidance above estimates.
B of A Securities Maintains Buy on Bill.com Holdings, Raises Price Target to $320
B of A Securities analyst Brad Sills maintains Bill.com Holdings (NYSE:BILL) with a Buy and raises the price target from $185 to $320.
10 Biggest Price Target Changes For Friday
Telsey Advisory Group cut Dollar Tree, Inc. (NASDAQ: DLTR) price target from $125 to $102. Dollar Tree shares rose 0.3% to $93.79 in pre-market trading.
Canaccord Genuity Maintains Buy on Bill.com Holdings, Raises Price Target to $284
Canaccord Genuity analyst Joseph Vafi maintains Bill.com Holdings (NYSE:BILL) with a Buy and raises the price target from $223 to $284.
Needham Maintains Buy on Bill.com Holdings, Raises Price Target to $280
Needham analyst Scott Berg maintains Bill.com Holdings (NYSE:BILL) with a Buy and raises the price target from $215 to $280.