Deutsche Bank Maintains Buy on SMART Glb Hldgs, Lowers Price Target to $24
Deutsche Bank analyst Sidney Ho maintains SMART Glb Hldgs (NASDAQ:SGH) with a Buy and lowers the price target from $28 to $24.
This Analyst Boosts PT On Twitter? Plus Raymond James Predicts $1,750 For This Stock
Raymond James raised the price target on Chipotle Mexican Grill, Inc. (NYSE: CMG) from $1,700 to $1,750. Raymond James analyst Brian Vaccaro maintained an Outperform rating on the stock. Chipotle shares fell 0.8% to $1,524.02 in pre-market trading.
Rosenblatt Maintains Buy on SMART Glb Hldgs, Lowers Price Target to $38
Rosenblatt analyst Kevin Cassidy maintains SMART Glb Hldgs (NASDAQ:SGH) with a Buy and lowers the price target from $45 to $38.
Why Vicinity Motor Is Trading Higher By Over 65%; Here Are 26 Stocks Moving Premarket
Gainers
Vicinity Motor Corp. (NASDAQ: VEV) rose 65.4% to $1.72 in pre-market trading. Vicinity Motor started deliveries of the first Class 3 electric truck to roll off the assembly line in Canada.
Needham Maintains Buy on SMART Glb Hldgs, Lowers Price Target to $30
Needham analyst Rajvindra Gill maintains SMART Glb Hldgs (NASDAQ:SGH) with a Buy and lowers the price target from $40 to $30.
US Stock Futures Down Following Tuesday’s Surge; ADP, Services Data In Focus
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Wednesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 800 points, while the Nasdaq Composite surged around 360 points on Tuesday. The S&P 500 also notched its biggest two-session surge since March 2020.
Twitter, RPM International And 3 Stocks To Watch Heading Into Wednesday
With US stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
SMART Global Holdings Q4 EPS $0.80 Beats $0.65 Estimate, Sales $438.00M Miss $440.00M Estimate
SMART Global Holdings (NASDAQ:SGH) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.65 by 23.08 percent. This is a 25.93 percent decrease over earnings of $1.08 per share
US Stock Futures Higher After Monday’s Rally; Factory Orders, JOLTS Data In Focus
Pre-open movers
U.S. stock futures traded higher in early pre-market trade on Tuesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 750 points, while the Nasdaq Composite surged around 240 points on Monday. The Dow Jones recorded the best session since June 24, while it was the best day since July 27 for the S&P 500.
Earnings Scheduled For October 4, 2022
Companies Reporting Before The Bell
• Acuity Brands (NYSE:AYI) is expected to report quarterly earnings at $3.58 per share on revenue of $1.08 billion.