Lyft Price Target Cut By 56%; Plus Piper Sandler Sees $61 For Five9
Evercore ISI Group cut the price target on Lyft, Inc. (NASDAQ: LYFT) from $41 to $18. Lyft shares fell 17.1% to $11.72 on Tuesday.
Morgan Stanley Maintains Equal-Weight on Q2 Holdings, Lowers Price Target to $28
Morgan Stanley analyst James Faucette maintains Q2 Holdings (NYSE:QTWO) with a Equal-Weight and lowers the price target from $50 to $28.
RBC Capital Downgrades Q2 Holdings to Sector Perform, Lowers Price Target to $32
RBC Capital analyst Daniel Perlin downgrades Q2 Holdings (NYSE:QTWO) from Outperform to Sector Perform and lowers the price target from $38 to $32.
Q2 Holdings Sees Q4 Revenue $148.4M-$150.4M Vs $157.64M Est., Adj. EBITDA $10.5M-$12.5M; See FY22 Revenue $568M-$570M Vs $579.34M Est., Adj. EBITDA $39M-$41M
Q2 Holdings is providing guidance for its fourth quarter of 2022 as follows:
Total non-GAAP revenue of $148.4 million to $150.4 million, which would represent year-over-year
Earnings Scheduled For November 7, 2022
Companies Reporting Before The Bell
• NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings at $0.13 per share on revenue of $36.34 million.
Stocks That Hit 52-Week Lows On Friday
Friday's session saw 236 companies set new 52-week lows.
Earnings Outlook For Q2 Holdings
Q2 Holdings (NYSE:QTWO) is set to give its latest quarterly earnings report on Monday, 2022-11-07. Here's what investors need to know before the announcement.
Analysts estimate that Q2 Holdings will report an earnings per share (EPS) of $0.04.
