Needham Maintains Buy on Otonomo Technologies, Lowers Price Target to $2
Needham analyst Ryan Koontz maintains Otonomo Technologies (NASDAQ:OTMO) with a Buy and lowers the price target from $6 to $2.
Earnings Scheduled For August 17, 2022
Companies Reporting Before The Bell
• Children's Place (NASDAQ:PLCE) is expected to report earnings for its second quarter.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
Super Micro Computer (NASDAQ:SMCI) stock increased by 22.9% to $55.99 during Wednesday's after-market session. The company's market cap stands at $2.9 billion.
Citigroup Initiates Coverage On Otonomo Technologies with Neutral Rating, Announces Price Target of $1.5
Citigroup analyst Itay Michaeli initiates coverage on Otonomo Technologies (NASDAQ:OTMO) with a Neutral rating and announces Price Target of $1.5.
Otonomo Technologies Q1 Adj. Operating Loss $12.5M vs Loss $3.8M In Same Qtr. Last Year, Sales $1.03M Miss $13.25M Estimate
Otonomo Technologies (NASDAQ:OTMO) reported quarterly sales of $1.03 million which missed the analyst consensus estimate of $13.25 million by 92.22 percent.