Benzinga’s Top Ratings Upgrades, Downgrades For December 13, 2022
Upgrades For Equinix Inc (NASDAQ:EQIX), Cowen & Co. upgraded the previous rating of Market Perform to Outperform. In…
Citigroup Initiates Coverage On VeriSign with Buy Rating, Announces Price Target of $243
Citigroup analyst Ygal Arounian initiates coverage on VeriSign (NASDAQ:VRSN) with a Buy rating and announces Price Target of $243.
Earnings Scheduled For October 27, 2022
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
VeriSign’s Return on Invested Capital Overview
According to Benzinga Pro data VeriSign (NASDAQ:VRSN) posted a 52.28% decrease in earnings from Q4. Sales, however, increased by 1.94% over the previous quarter to $346.90 million.
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Gainers
GTY Technology Holdings Inc. (NASDAQ: GTYH) shares climbed 115.2% to close at $6.09 as the company agreed to be acquired by GI Partners.
48 Stocks Moving In Friday’s Mid-Day Session
Gainers
Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.
Baird Downgrades VeriSign to Neutral, Lowers Price Target to $210
Baird analyst Rob Oliver downgrades VeriSign (NASDAQ:VRSN) from Outperform to Neutral and lowers the price target from $260 to $210.
Recap: VeriSign Q4 Earnings
VeriSign (NASDAQ:VRSN) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
VeriSign beat estimated earnings by 4.96%, reporting an EPS of $1.48 versus an estimate of $1.41.
Earnings Scheduled For February 10, 2022
Companies Reporting Before The Bell
• Canada Goose Hldgs (NYSE:GOOS) is projected to report quarterly earnings at $1.46 per share on revenue of $584.49 million.