The Latest Breaking News from Barclays

Anaplan Shares Pop As Analysts Cheer Q4 Earnings

Analysts raised their price targets on Anaplan Inc (NYSE:PLAN) post Q4 results. Mizuho analyst Siti Panigrahi raised the PT to $65 from $60 (26.7% upside) and kept a Buy.  The company posted Q4 results and raised its fiscal 2023 guide above consensus estimates, the latest back-office player to benefit from the enterprise spending resumption. Wells…

Benzinga · Mar 3, 2022

Why Pure Storage Shares Are Soaring Today

Analysts raised their price targets on Pure Storage Inc (NYSE: PSTG) post a solid Q4 beat. Barclays analyst Tim Long raised the firm's price target on Pure Storage to $39 from $35 (47.3% upside) and kept an Overweight rating on the shares. The company beat Q4 estimates and released better than expected guidance for fiscal 2023, Long…

Benzinga · Mar 3, 2022

Barclays Bumps Up WillScot Mobile Mini Price Target By 25%

Barclays analyst Manav Patnaik upgraded WillScot Mobile Mini Holdings Corp (NASDAQ:WSC) to Overweight from Equal Weight and raised the price target to $50 (an upside of 35%) from $40. The analyst notes the company looks well-positioned to beat its recently set three- and five-year financial targets. Patnaik sees "many potentially positive catalysts" for the shares,…

Benzinga · Mar 2, 2022

Analysts Slash Zscaler Price Target Post Q2 Results, Shares Plunge

Analysts slashed their price targets on Zscaler Inc (NASDAQ:ZS) post Q2 results. Deutsche Bank analyst Patrick Colville lowered the price target on Zscaler to $280 from $430 (6.3% upside) and kept a Buy.  After a "stellar run of near-flawless execution" by Zscaler, the company's fiscal Q2 report "was mixed."   Federal contracts not closing, a lack…

Benzinga · Feb 25, 2022

Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Analysts cut their price targets on Sprout Social Inc (NASDAQ:SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy.  The company's Q4 results were "impressive," highlighted by the acceleration of upmarket demand, record large…

Benzinga · Feb 23, 2022

Barclays CEO needs profits and fewer run-ins with regulators

The stock market still worries about the bank, but CS Venkatakrishnan could be the boss it has been seeking

The Guardian - UK · Feb 23, 2022

Why Palo Alto Networks Shares Are Trading Higher Premarket

Analysts raised their price targets on Palo Alto Networks Inc (NASDAQ:PANW) following Q2 results. JPMorgan analyst Sterling Auty upgraded Palo to Neutral from Underweight with a PT of $620, up from $600 (30.4% upside).  Palo Alto is one of the cybersecurity companies well-positioned to compete for the cloud security opportunity, Auty said. The analyst says the…

Benzinga · Feb 23, 2022

Bank of England boss on £575k wage defends comments that staff shouldn't get pay rises

Andrew Bailey, who earns more than £575,000 a year, came under fire recently for suggesting workers should not ask for big pay rises to help control soaring inflation

Daily Mirror · Feb 23, 2022

10 Biggest Price Target Changes For Wednesday

Barclays lowered Teladoc Health, Inc. (NYSE: TDOC) price target from $95 to $77. Teladoc Health shares dropped 2.3% to $63.81 in pre-market trading.

Benzinga · Feb 23, 2022

Barclays freezes £22m bonuses of former boss amid probe into Epstein links

Barclays has suspended all of Jes Staley’s unvested long-term bonus share awards pending a regulatory investigation

The Independent UK · Feb 23, 2022