Robinhood Shares Dip as Crypto Revenue Falls 55%; Mizuho Reiterates $130 Target
Robinhood shares dipped in pre-market trading. Mizuho reiterated its Outperform rating and $130 price target, according to an Investing.com report.
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Robinhood shares dipped in pre-market trading. Mizuho reiterated its Outperform rating and $130 price target, according to an Investing.com report.
Ecolab reported 7% organic sales growth for Q3 2026 and expanded organic operating income margin to 19.6%. The company expects 2027 organic sales growth at the upper end of its 5% to 7% range.
Lam Research reported record revenue and profitability for the September 2026 quarter, with operating margin topping 40% for the first time. The company’s preliminary 2027 wafer fabrication equipment outlook is for spending above $200 billion, with growth led by DRAM.
Vertiv fell for an 11th consecutive session, its longest losing streak since listing in 2020, and is down nearly 20% since Oct. 6. Analysts have cut several price targets but mostly maintained bullish ratings; the article cites an average target of $314.
Mizuho maintained its Outperform rating on Cardinal Health, according to the supplied ratings-action report.
Mizuho cut its price target to $71 per share from $77.
Datadog shares rose 4.24% to $257.59 Monday. Bernstein upgraded the stock to Outperform from Market Perform and raised its price forecast to $350 from $237, citing growth opportunities tied to AI.
Dell ended the week at $451, its lowest level since September 2, after falling 24.15% from its September peak. Goldman Sachs reiterated its buy rating, while Mizuho and TD Cowen raised their price targets.
Dow gains, S&P 500 edges down, Nasdaq off >1% Utilities lead S&P 500 sectot gainers; just tech, communication services red Euro STOXX 600 index up ~0.7% Dollar falls; US crude flips green; bitcoin slips; gold up slightly US 10-year Treasury yield flat at ~5.09% Welcome to the home for real-time coverage of markets brou
Nasdaq dips, S&P 500 ~flat, Dow gains Materials up most among S&P sectors; Tech biggest laggard Euro STOXX 600 index up ~0.8% Dollar falls; US crude, bitcoin both ~flat; gold up slightly US 10-year Treasury yield edges down to ~5.08% Welcome to the home for real-time coverage of markets brought to you by Reuters report
Mizuho maintained its Outperform rating on Commvault Systems, according to Benzinga.
Mizuho maintained its Outperform rating on EQT Corp, according to the supplied ratings update.
Mizuho maintained its Outperform rating on ServiceNow, according to the accompanying ratings-action report.
Mizuho raised its price target on Atlassian to $235 per share from $215 and maintained its Outperform rating.
Lam Research has closed lower for nine straight sessions, shedding 21.7% and setting a record for its public-company history. KLA is also down for nine sessions, while Applied Materials has fallen for eight.
Prologis reported third-quarter core FFO of $1.60 per share and raised its development-starts guidance. The company said it remains on track for $15 billion in capital activity this year.
Intuit announced it will acquire Sequence, expanding revenue-management tools for mid-market businesses. Financial terms were not disclosed, and Sequence’s team will join Intuit’s Mid-Market product organization.
Sandisk shares fell 5.58% to $1,325 in Thursday premarket trading. The article cites profit-taking, competition concerns and pressure across AI-linked memory stocks, while noting the company is scheduled to report fiscal first-quarter results on Oct. 29.
Mizuho rated ALB Outperform; Jefferies rated EAI, LQDA, TXRH and ZNTL Buy; Vertical rated LMT Buy; BTIG rated LQDA Buy; TD Cowen rated PNR Hold; Seaport rated RAL Buy; GS rated TT Buy; and BAC rated WY Buy.
Mizuho raised its rating on ALB from Neutral to Outperform and set a price target.
Applied Materials shares fell as much as 7% to around $462, extending their losing streak to six sessions. Cantor Fitzgerald reiterated its Overweight rating and $850 price target, which the article says implies roughly 85% upside from Tuesday’s price.
Mizuho raised its price target on Humana to $495 per share from $468.
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KeyBanc rates EXC Sector Weight; Citi rates GEMI Neutral; Scotia rates PLD Sector Outperform; Mizuho rates REXR Outperform; Truist and Piper rate VFC Buy and Overweight, respectively; BCS rates VIK Overweight.