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Intuit Posts Q1 Beat, Shares Tank On Disappointing Outlook: Analyst Says: 'Trends Beneath The Surface Were Mixed'
Friday, November 22, 2024 - 12:49pm | 1009Intuit Inc (NASDAQ:INTU) shares tanked in early trading on Friday, even after the company reported upbeat fiscal first-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Kash Rangan maintained a Buy rating...
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Chegg Needs To 'Dance In The Rain Without Getting Wet': 4 Analysts On Q1 Print
Tuesday, May 2, 2023 - 12:09pm | 441Shares of Chegg Inc (NYSE: CHGG) crashed in early trading on Tuesday, after the company said its business was hurt by ChatGPT. Piper Sandler On Chegg Analyst Arvind Ramnani reiterated a Neutral rating, while reducing the price target from $17 to $11. “CHGG reported modest upside to muted 1Q...
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Why Piper Sandler Downgrades 2U: Elevated Downside Risk Among Other Factors
Wednesday, May 25, 2022 - 12:00pm | 200There is downside risk to 2U Inc’s (NASDAQ: TWOU) stock from the regulatory overhang and various headwinds facing the industry, according to Piper Sandler. The 2U Analyst: Arvind Ramnan downgraded the rating for 2U from Neutral to Underweight, while reducing the price target from $10 to $9....