Analyst Remains Positive On CarGurus’ New Model But Takes Cautious View As Used Car Demand Slows
Needham analyst Chris Pierce has reiterated a Buy rating on the shares of CarGurus Inc (NASDAQ:CARG) with a price target of $16.00.…
ACV Auctions Sees Q4 Revenue $97M-$100M Vs $104.83M Est., Adj. EBITDA $(17M)-$(15M); Sees FY22 Revenue $421M-$424M Vs $428M Est., Adj. EBITDA $(61M)-$(59M)
Fourth Quarter and Full-Year 2022 Guidance
Based on information as of today, ACV is providing the following guidance:
Fourth quarter of 2022:
Total revenue of $97 to $100
Why Senti Biosciences Shares Jumped Over 50%; Here Are 79 Biggest Movers From Yesterday
Gainers
Senti Biosciences, Inc. (NASDAQ: SNTI) shares climbed 50.7% to close at $2.11 on Thursday after B of A Securities initiated coverage on the stock with a Buy rating and $7 price target.
Needham Maintains Buy on ACV Auctions, Raises Price Target to $12
Needham analyst Chris Pierce maintains ACV Auctions (NASDAQ:ACVA) with a Buy and raises the price target from $9 to $12.
ACV Auctions: Q2 Earnings Insights
ACV Auctions (NASDAQ:ACVA) reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For August 10, 2022
Companies Reporting Before The Bell
• Wix.com (NASDAQ:WIX) is estimated to report earnings for its second quarter.
Why Is Pinterest Higher By 14%? 20 Stocks Moving In Friday’s Pre-Market Session
Gainers
United Maritime Corporation (NASDAQ: USEA) rose 55% to $3.41 in pre-market trading. United Maritime, on Tuesday, announced acquisition of four oil tankers and filed for stock offering on Wednesday.