Selected stock price target news of the day - February 23rd, 2024

By: Matthew Otto   Rivian Faces Downgrade Amidst Disappointing Earnings and Shifting EV Landscape Rivian Automotive is grappling with a downturn in its performance, in the wake of its fourth-quarter earnings. UBS analyst Joe Spak delivered a rare double downgrade, shifting the rating from Buy to Sell and slashing the price target to $8 per...

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Selected stock price target news of the day - February 22nd, 2024

By: Matthew Otto   Wingstop Reports Revenue and Profitability Growth in Fiscal Year 2023 Wingstop reported a 27.1% increase in system-wide sales, soaring to $3.5 billion in fiscal year 2023 compared to the previous year. This surge in revenue is complemented by a 28.7% rise in total revenue, reaching $460.1 million. Net income surged by...
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Selected stock price target news of the day - February 21st, 2024

By: Matthew Otto   Palo Alto Networks’ Q2 2024 Results and Strategic Acceleration Palo Alto Networks announced financial results for its fiscal second quarter of 2024.  The company reported EPS of $1.46, $0.16 better than the estimate of $1.30. Showed a 19% year-over-year increase in revenues, totaling $1.98 billion. Operating margins expanded by nearly 600...
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