Stephens

Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) hit 52-week lows on Wednesday, even as the company reported better-than-expected results. BofA Securities analyst Jonathan Eisenson reiterated a Buy rating; reduced the price target from $220 to $177. Truist Securities analyst Joel Fishbein...

Upstart Holdings Inc (NASDAQ: UPST) Tuesday reported third-quarter results, with its performance being impacted by mid-year hikes in Fed interest rates. Stephens On Upstart Holdings Analyst Vincent Caintic reiterated an Underweight rating, while reducing the price target from $23 to $12. The...

Starbucks Corporation (NASDAQ: SBUX) Thursday reported fourth-quarter results, with a revenue and earnings beat. Morgan Stanley Analyst John Glass maintained an Equal-Weight rating and a price target of $96. “Outsized US comp sales of 11% and positive commentary on current trends assuage near...

McDonald's Corp (NYSE: MCD) Thursday reported its third-quarter results. The restaurant chain’s earnings of $2.68 per share beat Street expectations, although revenues declined on a year-on-year basis. Stephens On McDonald's Analyst Joshua Long maintained an Overweight rating with a...

Shares of Okta Inc (NASDAQ: OKTA) fell in after-hours trading, despite the company reporting a lower-than-expected loss for the second quarter. JMP Securities On Okta Analyst Trevor Walsh reiterated a Market Outperform rating while reducing the price target from $165 to $145. “The stock...

CrowdStrike Holdings Inc (NASDAQ: CRWD) reported its quarter revenue at $535.2 million, up 58% from the year-ago quarter, and adjusted earnings of 36 cents per share, beating analyst expectations. Management guided to earnings for the third quarter and fiscal year ahead of the consensus estimates....

Affirm Holdings Inc (NASDAQ: AFRM) reported $364.1 million in sales for its fiscal fourth quarter, beating the consensus estimate of $355 million in sales. The company, meanwhile, reported a loss of 65 cents per share, significantly worse than Street expectations of a loss of 58 cents per share....

Upstart Holdings Inc (NASDAQ: UPST) reported total revenue of $228 million for the second quarter, up 18% year-on-year. The company’s results were broadly in-line with its preannouncement in July. Piper Sandler On Upstart Holdings Analyst Arvind Ramnani maintained a Neutral rating, while...

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.  The PayPal Analysts: After PayPal said second-quarter revenue increased...

Walmart Inc (NYSE: WMT) reduced its guidance for the current quarter and full year, citing rising prices for food and fuel. Here are the reactions of six top analysts. RBC Capital Markets On Walmart Analyst Steven Shemesh reiterated an Outperform rating, while reducing the price target from $153 to...

The recent pullback in Simply Good Foods Co.’s (NASDAQ: SMPL) shares offers “an attractive entry point” into a company offering stable growth in a volatile market, according to Stephens. The Simply Good Foods Analyst: Ben Bienvenu upgraded the rating for Simply Good Foods from...

Cost savings from Old National Bancorp’s (NASDAQ: ONB) deal to merge with First Midwest Bancorp should be accretive to the bottom line “following the systems conversion in July,” according to Stephens. The Old National Bancorp Analyst: Terry McEvoy upgraded Old National...

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion. Piper Sandler On Upstart Holdings: Analyst...

On Wednesday, Starbucks Corporation (NASDAQ: SBUX) CEO Kevin Johnson announced he is retiring after five years in the position. While the coffee retailer searches for a permanent replacement for Johnson, Starbucks founder and former two-time CEO Howard Schultz will return as interim chief executive...

Chipotle Mexican Grill Inc (NYSE: CMG) shares surged higher by about 7% Tuesday night after the fast-casual restaurant chain reported strong fourth-quarter earnings results and issued guidance.  What Happened: Chipotle said quarterly revenue increased 22% year-over-year to...