The Latest Breaking News from Needham

10 Biggest Price Target Changes For Tuesday

Needham reduced WalkMe Ltd. (NASDAQ: WKME) price target from $40 to $20. WalkMe shares dropped 8.1% to close at $12.20 on Monday.

Benzinga · May 24, 2022

Here's How Needham Views Block After Its Analyst Day

Mayank Tandon from Needham has reiterated a Buy on Block, Inc (NYSE:SQ) with a price target of $135 (65.9% upside).  Last week, Tandon attended SQ's virtual analyst day. Management laid out its view of the company's bright future given the numerous growth drivers in the Seller and Cash App ecosystems, compelling LT unit economics for each…

Benzinga · May 23, 2022

Government Infrastructure Bills Drive High-Growth Expectations For Fiber-Optics Telecom Clearfield (CLFD)

Telecommunications company Clearfield Inc. (NASDAQ: CLFD) recently reported fiscal second-quarter revenues grew 80 percent and earnings were up 154 percent when compared with the same period last year.

Benzinga · May 19, 2022

Fubo Shares Bleed As Analysts Re-rate Stock Post Q1 Results

Analysts remained concerned over fuboTV Inc (NYSE:FUBO), as reflected by their re-rating post Q1 results. Needham analyst Laura Martin maintained FuboTV with a Buy and lowered the price target from $15 to $5 (49% upside). Gross margins of negative (2)% were the lowest FUBO had reported since 2Q20 when it only had 286,000 paid subscribers.  The…

Benzinga · May 6, 2022

Needham Maintains Buy Rating for Selecta Biosciences: Here's What You Need To Know

Needham has decided to maintain its Buy rating of Selecta Biosciences (NASDAQ:SELB) and lower its price target from $7.00 to $6.00. Shares of Selecta Biosciences are trading up 2.84% over the last 24 hours, at $0.83 per share.

Benzinga · May 6, 2022

'Still A Second-Half Story': Twilio Analysts React To Mixed Q1 Earnings

Twilio Inc (NYSE: TWLO) shares dropped 2.7% on Thursday after the company reported conservative second-quarter guidance.

Benzinga · May 6, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

Benzinga · May 6, 2022

Needham Maintains Buy Rating for Twilio: Here's What You Need To Know

Needham has decided to maintain its Buy rating of Twilio (NYSE:TWLO) and lower its price target from $350.00 to $200.00. Shares of Twilio are trading down 3.58% over the last 24 hours, at $114.24 per share. A move to $200.00 would account for a 75.07% increase from the current share…

Benzinga · May 5, 2022

10 Biggest Price Target Changes For Thursday

Needham cut Cirrus Logic, Inc. (NASDAQ: CRUS) price target from $110 to $100. Cirrus Logic shares rose 4.5% to close at $82.81 on Wednesday.

Benzinga · May 5, 2022

Read How Analysts Reacted To Paycom Software's Q1 Results

Analysts reiterated their ratings on Paycom Software, Inc (NYSE:PAYC) post Q1 results. Needham analyst Ryan MacDonald reiterated the Buy rating and $450 price target on Paycom Software following the company's stellar start to FY22, in which revenue and adjusted EBITDA exceeded consensus expectations.  PAYC put up a sizeable 1Q22 beat and raise driven by solid sales…

Benzinga · May 4, 2022