The Latest Breaking News from Raymond James

Analysts mainly hailed HubSpot Inc's (NYSE:HUBS) Q4 performance by raising their price targets on the stock. Mizuho analyst Siti Panigrahi raised the price target on HubSpot to $625 from $500 (16.92% upside) and kept a Buy rating on the shares.  The company reported strong results once again in Q4 on broad-based strength with a particular…

Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Old Dominion Freight Line Inc (NASDAQ:ODFL) to $348 (an upside of 12.5%) from $335 and maintained an Equal Weight rating on the shares. The analyst notes that as the best-in-class LTL provider, Q4 results reflected the strength in its growth and execution strategy. Related: Old Dominion Freight…

Raymond James analyst Simon Leopold double upgraded Cambium Networks Corp (NASDAQ:CMBM) to Strong Buy from Market Perform with a $35 price target, implying an upside of 57.6%. Leopold believes fundamental demand remains solid, with temporary supply chain constraints depressing near-term results.  He tells investors in a research note that checks indicate that elements of the…

Analysts mostly hailed Visa Inc's (NYSE:V) Q1 FY22 results by raising their price targets on the stock. Raymond James analyst John Davis raised the price target to $281 from $265 (36.3% upside) and maintained an Outperform.  Visa's Q1 print included better than expected results across the board as well as an increased FY22 outlook that should send…

Alibaba Group Holding Limited's (NYSE: BABA) travails are far from over, at least in the near term, although its long-term future is promising, an analyst at Raymond James said in a Wednesday note. 

Raymond James cut DexCom, Inc. (NASDAQ: DXCM) price target from $618 to $538. DexCom shares rose 1.1% to $434.60 in pre-market trading.

Raymond James analyst Pavel Molchanov initiated Ads-Tec Energy PLC (NYSE:ADSE) with a Strong Buy rating and a price target of $14, implying an upside of 63%. The analyst noted Ads-Tec's ultra-fast hardware is specifically designed with grid stability in mind, making it the only pure-play on ultra-fast. Molchanov added that U.S. expansion adds to strength…