Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Stocks · News reference
Snowflake To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Friday
Analysts raised targets for ASAN, ZS, SNOW and DLTR, while cutting targets for LIQT, PL, CIEN, GWRE, LULU and CPB.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Asana shares are trading lower after the company reported Q2 financial results and issued Q3 adjusted EPS guidance below estimates.
Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.
These Analysts Increase Their Forecasts On Asana Following Upbeat Q2 Results
Asana beats Q2 estimates and raises full-year revenue guidance, but offers soft Q3 EPS outlook; shares fall 14% as analysts lift price targets.
Ciena Posts Blowout Q3, So Why Are These Analysts Slashing Price Targets?
Ciena shares rise after a strong Q3 beat. Analysts keep Buy ratings but cut targets. Analysts cite $8.5B backlog and $10B yearend outlook.
B. Riley Securities Maintains Neutral on Ciena, Lowers Price Target to $347
B. Riley Securities analyst Dave Kang maintains Ciena (NYSE:CIEN) with a Neutral and lowers the price target from $413 to $347.