JP Morgan cut the price target on Ford Motor Company (NYSE: F) from $21 to $19. However, JP Morgan analyst Ryan Brinkman maintained Ford with an Overweight. Ford shares fell 0.6% to $12.77 in pre-market trading.
Gainers
Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA) rose 64.4% to $1.43 in pre-market trading. Ayala Pharmaceuticals filed request for withdrawal of registration statement on form S-1.
F5 Networks (NASDAQ:FFIV) reported quarterly earnings of $2.57 per share which beat the analyst consensus estimate of $2.24 by 14.73 percent. This is a 6.88 percent decrease over earnings of $2.76 per share from the same
Companies Reporting Before The Bell
• Lakeland Financial (NASDAQ:LKFN) is estimated to report quarterly earnings at $0.95 per share on revenue of $59.26 million.
F5 Networks (NASDAQ:FFIV) is set to give its latest quarterly earnings report on Monday, 2022-07-25. Here's what investors need to know before the announcement.
Analysts estimate that F5 Networks will report an earnings per share (EPS) of $2.24.
Some key networking and security companies are scheduled to report earnings next week. Despite the decline in valuation, some stocks still do not reflect the likely deterioration in financials, according to BofA Securities.