DiscoverBenzinga Daily Stocks To WatchIs This Stock The New Apple? #stockoftheyear $AAPL
Is This Stock The New Apple? #stockoftheyear $AAPL

Is This Stock The New Apple? #stockoftheyear $AAPL

Update: 2023-08-21
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Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:

ZM PANW NVDA ROST DE

  • Wall Street expects Zoom Video Communications, Inc. (NASDAQ:ZM) to post quarterly earnings at $1.05 per share on revenue of $1.11 billion after the closing bell. Zoom Video shares gained 0.3% to $66.50 in after-hours trading.
  • Palo Alto Networks, Inc. (NYSE:PANW) reported better-than-expected fourth-quarter earnings and issued strong billings outlook for the year. Palo Alto shares gained 11.2% to $233.21 in the after-hours trading session.
  • Shares of Nvidia Corp. (NASDAQ:NVDA) rose in premarket trading on Monday, inspired by positive commentaries regarding its second-quarter earnings from some analysts.

ROST - Ross Stores shares are trading higher after the company reported better-than-expected Q2 financial results and issued guidance.

DE- Deere reported third-quarter net sales and revenue growth of 12% Y/Y to $15.80 billion, beating the consensus of $14.25 billion. EPS of $10.20 surpassed the consensus of $8.20.

Deere raised its FY23 outlook for net income to $9.75 billion-$10.00 billion from $9.25 billion-$9.50 billion.

Deere shares fell 5.3% to close at $397.02 on Friday but added 0.3% in today’s pre-market trading session.

These analysts made changes to their price targets on Performance Food Group following earnings announcement.

  • JP Morgan lowered the price target on Deere from $390 to $380. JP Morgan analyst Tami Zakaria maintained a Neutral rating.
  • Credit Suisse slashed the price target on Deere from $560 to $551. Credit Suisse analyst Jamie Cook maintained an Outperform rating.
  • UBS raised the price target on Deere from $383 to $408. UBS analyst Steven Fisher maintained a Neutral rating.


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Michael O'Connor , Benzinga Newsdesk

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Is This Stock The New Apple? #stockoftheyear $AAPL

Is This Stock The New Apple? #stockoftheyear $AAPL

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