The Latest Breaking News from Piper Sandler

Analysts had mixed opinions on Alteryx Inc (NYSE:AYX) post Q4 beat. Alteryx is a software company that provides self-service data analytics software. Oppenheimer analyst Ittai Kidron lowered the firm's price target on Alteryx to $85 from $105 (62.9% upside) to reflect multiple realignments while keeping an Outperform rating on the shares.  The analyst notes Alteryx's Q4…

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and $350 price target on NVIDIA Corp (NASDAQ:NVDA). Nvidia could be a big winner this earnings season, with profits driven by solid performance in the chip maker's gaming and data center businesses, Kumar said. "We are looking for a significant beat and raise when the company…

Tesla Inc. (NASDAQ: TSLA) shares are trading higher Monday. The stock is trading in a bullish reversal pattern and looks to have recently bounced off the 200-day support level. Piper Sandler maintained an Overweight rating on the stock and raised the price target to $1,350.

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…

  Piper Sandler (NYSE:PIPR) reported its Q4 earnings results on Thursday, February 10, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Analyst opinions remain divided over Paycom Software Inc (NYSE:PAYC) post Q4 results. Piper Sandler analyst Arvind Ramnani raised the price target on Paycom to $505 from $498 (40% upside) and reiterated an Overweight.  Paycom's Q4 results "were robust all-around" as revenue came in well above expectations driven by a healthy demand environment, Ramnani says. Stifel analyst Brad…

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares.  While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…

Impressive fourth-quarter earnings reports have partially allayed market concerns about current record-high inflation and a looming interest rate hike. Nevertheless, since the market remains volatile, we think it could be wise to bet on high-quality mid-cap stocks Masonite International (DOOR), Silicon Motion (SIMO), Piper Sandler (PIPR), and Belden (BDC). They…

Piper Sandler analysts Weston Twigg and Harsh Kumar jointly noted that inSpectrum released its January monthly memory contract pricing data, which indicated DRAM 8Gb DDR4 fell 8% month-over-month and that NAND 256Gb TLC dropped 1% on a month-over-month basis.  The analysts, who monitor the three-month rolling average year-over-year change to better gauge trends,…

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…

Piper Sandler analyst James Fish lowered the firm's price target on Atlassian Corporation PLC (NASDAQ:TEAM) to $414 from $472 and reiterated an Overweight rating on the shares. The price target implies an upside of 42.3%. The analyst says the company's fiscal Q2 was another strong quarter with 8% subscription upside, out-performance across all product categories,…