Canaccord Genuity Maintains Buy on Wolfspeed, Lowers Price Target to $145
Canaccord Genuity analyst Jed Dorsheimer maintains Wolfspeed (NYSE:WOLF) with a Buy and lowers the price target from $155 to $145.
Wolfspeed Q2 EPS $(0.16) Beats $(0.18) Estimate, Sales $173.10M Beat $169.30M Estimate
Wolfspeed (NYSE:WOLF) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.18) by 11.11 percent. This is a 33.33 percent increase over losses of $(0.24) per share from the same
Earnings Scheduled For January 26, 2022
Companies Reporting Before The Bell
• Blue Foundry (NASDAQ:BLFY) is projected to report earnings for its fourth quarter.
Here’s How Much You Would Have Made Owning Wolfspeed Stock In The Last 20 Years
Wolfspeed (NYSE:WOLF) has outperformed the market over the past 20 years by 1.86% on an annualized basis.
Wells Fargo Upgrades Wolfspeed to Overweight, Announces $130 Price Target
Wells Fargo analyst Gary Mobley upgrades Wolfspeed (NYSE:WOLF) from Equal-Weight to Overweight and announces $130 price target.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
Pegasystems (NASDAQ:PEGA) stock rose 12.6% to $109.48 during Wednesday's after-market session. The market value of their outstanding shares is at $8.9 billion.
Wolfspeed Shares Gain As Piper Sandler Bumps Up Price Target By 28%
Piper Sandler analysts upgraded Wolfspeed Inc (NYSE: WOLF) to Overweight from Neutral and
Piper Sandler Upgrades Wolfspeed to Overweight, Raises Price Target to $160
Piper Sandler analyst Harsh Kumar upgrades Wolfspeed (NYSE:WOLF) from Neutral to Overweight and raises the price target from $125 to $160.
12 Information Technology Stocks Moving In Wednesday’s After-Market Session
Gainers
OLB Gr (NASDAQ:OLB) shares moved upwards by 2.81% to $3.09 during Wednesday's after-market session. The market value of their outstanding shares is at $33.3 million.