RBC Capital Upgrades Cerence to Sector Perform, Lowers Price Target to $27
RBC Capital analyst Joseph Spak upgrades Cerence (NASDAQ:CRNC) from Underperform to Sector Perform and lowers the price target from $28 to $27.
Cerence Wins Contract With SAIC Motor ‘to provide mobility assistant technology for its L4 self-driving robotaxi platform,’ No Terms Disclosed
Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that SAIC Mobility Robotaxi, part of leading Chinese automaker SAIC Motor, has selected Cerence to provide mobility assistant technology for its
Goldman Sachs Maintains Neutral on Cerence, Lowers Price Target to $34
Goldman Sachs maintains Cerence (NASDAQ:CRNC) with a Neutral and lowers the price target from $44 to $34.
RBC Capital Maintains Underperform on Cerence, Lowers Price Target to $28
RBC Capital analyst Joseph Spak maintains Cerence (NASDAQ:CRNC) with a Underperform and lowers the price target from $34 to $28.
Needham Maintains Buy on Cerence, Lowers Price Target to $46
Needham analyst Rajvindra Gill maintains Cerence (NASDAQ:CRNC) with a Buy and lowers the price target from $78 to $46.
Earnings Scheduled For May 10, 2022
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
Wells Fargo Maintains Overweight on Cerence, Lowers Price Target to $67
Wells Fargo analyst Colin Langan maintains Cerence (NASDAQ:CRNC) with a Overweight and lowers the price target from $68 to $67.
Goldman Sachs Downgrades Cerence to Neutral, Announces $44 Price Target
Goldman Sachs downgrades Cerence (NASDAQ:CRNC) from Buy to Neutral and announces $44 price target.