The Latest Breaking News from JMP Securities

JMP Securities has decided to maintain its Market Outperform rating of Goosehead Insurance (NASDAQ:GSHD) and lower its price target from $140.00 to $130.00. Shares of Goosehead Insurance are trading up 5.59% over the last 24 hours, at $55.66 per share.

Analysts mostly lifted their price targets on Sprinklr Inc (NYSE:CXM) following its Q4 beat. Sprinklr clocked Q4 FY21 revenue growth of 30% year-over-year to $135 million, beating the consensus of $130.38 million. Subscription revenue increased by 30.7% Y/Y to $117.69 million. "We accelerated our growth, went public, and created a new category called…

Crinetics Pharmaceuticals Inc (NASDAQ:CRNX) announced topline results from the multiple ascending dose (MAD) cohorts of healthy volunteers in the Phase 1 study of CRN04777.  CRN04777 is a nonpeptide somatostatin receptor type 5 (SST5) agonist as an oral treatment for congenital monogenic and syndromic hyperinsulinism. This condition causes individuals to have abnormally high insulin…

JMP Securities analyst Ronald Josey lowered the price target on Rover Group Inc (NASDAQ:ROVR) to $11 (131% upside) from $15 and kept an Outperform rating on the shares post Q4 results. The analyst stated that omicron has increased cancellation rates in Q4 and impacted demand in Q1, limiting revenue visibility for 2022. In the longer…