Keybanc Maintains Overweight on Applied Industrial, Lowers Price Target to $130
Keybanc analyst Ken Newman maintains Applied Industrial (NYSE:AIT) with a Overweight and lowers the price target from $140 to $130.
Applied Industrial Technologies Gets Price Target Hike Following Q4 Results
KeyBanc analyst Ken Newman raised the price target for Applied Industrial Technologies Inc (NYSE:AIT) to $140 from $120 while maintaining the Overweight ratings…
Baird Downgrades Applied Industrial to Neutral, Announces $129 Price Target
Baird analyst David Manthey downgrades Applied Industrial (NYSE:AIT) from Outperform to Neutral and announces $129 price target.
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Gainers
Digital Media Solutions, Inc. (NYSE: DMS) jumped 78.8% to close at $2.11. Digital Media Solutions recently reported worse-than-expected Q2 EPS and sales results.
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Gainers
Timber Pharmaceuticals, Inc. (NYSE: TMBR) shares rose 63.8% to $0.1769. Timber Pharmaceuticals recently announced closing of $8.0 million public offering.
Disney, Inotiv, Warby Parker And Some Other Big Stocks Moving Higher On Thursday
Absci Corporation (NASDAQ: ABSI) jumped 38.8% to $5.83 after the company reported a narrower Q2 loss.
Applied Industrial Tech Q4 EPS $2.02 Beats $1.66 Estimate, Sales $1.10B Beat $977.43M Estimate
Applied Industrial Tech (NYSE:AIT) reported quarterly earnings of $2.02 per share which beat the analyst consensus estimate of $1.66 by 21.69 percent. This is a 33.77 percent increase over earnings of $1.51 per share
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.