Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
Truist Securities Maintains Buy on ArcBest, Lowers Price Target to $70
Truist Securities analyst Stephanie Benjamin maintains ArcBest (NASDAQ:ARCB) with a Buy and lowers the price target from $90 to $70.
40 Stocks Moving In Friday’s Mid-Day Session
Gainers
SemiLEDs Corporation (NASDAQ: LEDS) shares jumped 68.8% to $25.49 after gaining 23% on Thursday.
Wolfe Research Downgrades ArcBest to Peer Perform
Wolfe Research analyst Scott Group downgrades ArcBest (NASDAQ:ARCB) from Outperform to Peer Perform.
LTL Carriers See Strong Trends Flow Through Second Quarter
A couple of less-than-truckload carriers provided updates through the first two months of the second quarter on Wednesday. The year-over-year advances were very large and reflected easy comparisons to 2020, which experienced a sharp falloff as parts of the economy were knocked offline amid expanding COVID-related shutdowns.
Morgan Stanley Maintains Overweight on ArcBest, Raises Price Target to $96
Morgan Stanley analyst Ravi Shanker maintains ArcBest (NASDAQ:ARCB) with a Overweight and raises the price target from $90 to $96.
Earnings Scheduled For May 4, 2021
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.