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Why Is Latham (SWIM) Stock Soaring Today
Shares of residential swimming pool manufacturer Latham (NASDAQ:SWIM) jumped 22% in the morning session after Stifel analyst upgraded the stock's rating from Hold (Neutral) to Buy and raised the price target from $3 to $4, noting that the stock was "dramatically undervalued." The new price target implied a potential 25% percent upside from where shares traded when the upgrade was announced.
Why HashiCorp (HCP) Stock Is Trading Up Today
Shares of cloud infrastructure automation platform HashiCorp jumped 12.7% in the pre-market session after reports that the company is exploring options, including a potential sale. Oppenheimer analyst Ittai Kidron weighed in on the development, adding, "Several parties could be interested in HashiCorp as it holds core in-need technologies enabling enterprises to scale in multi-cloud environments...Given the attractive near-term operating potential and multiples of recent takeouts, we believe the company can fetch a price of $32-$40/share, reflecting a ~8-10x FY26 EV/Sales multiple."
Caleres Earnings: What To Look For From CAL
American footwear company Caleres (NYSE:CAL) will be announcing earnings results tomorrow morning. Here's what you need to know.