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Academy Sports (ASO) Stock Trades Up, Here Is Why
Shares of sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) jumped 3.2% in the afternoon session after Morgan Stanley raised its price target on the stock to $55 from $52. The firm, however, kept its "Equal-Weight" rating on the shares.
Why Reddit (RDDT) Stock Is Nosediving
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 9.1% in the afternoon session after a report from an RBC analyst highlighted "challenging" feedback from advertising agency checks concerning small and medium-sized businesses.
Why WeightWatchers (WW) Shares Are Sliding Today
Shares of personal wellness company WeightWatchers (NASDAQ:WW) fell 7.3% in the afternoon session after Morgan Stanley lowered its price target on the company's stock from $38.00 to $34.50.
Amphenol (APH) Stock Trades Up, Here Is Why
Shares of electrical connector manufacturer Amphenol (NYSE:APH) jumped 5.7% in the afternoon session after analysts at Goldman Sachs and BofA raised their price targets, citing the company's growing role as a key supplier for the artificial intelligence (AI) industry.
Arhaus (ARHS) Stock Trades Up, Here Is Why
Shares of luxury furniture retailer Arhaus (NASDAQ:ARHS) jumped 4.5% in the afternoon session after Morgan Stanley raised its price target on the stock.
Why Are Oxford Industries (OXM) Shares Soaring Today
Shares of fashion conglomerate Oxford Industries (NYSE:OXM) jumped 5.3% in the afternoon session after Telsey Advisory Group raised its price target on the stock to $40 from $35.
Cracker Barrel (CBRL) Stock Trades Up, Here Is Why
Shares of restaurant company Cracker Barrel (NASDAQ:CBRL) jumped 6.8% in the afternoon session after activist investor Sardar Biglari increased his stake in the company, a move that came as bearish bets against the stock also rose.
Why Is Viavi Solutions (VIAV) Stock Rocketing Higher Today
Shares of network testing solutions company Viavi Solutions (NASDAQ:VIAV) jumped 5.4% in the afternoon session after the company announced enhancements to its XEdge cloud-based edge monitoring and assurance platform with new sensors.
Why Invesco (IVZ) Stock Is Trading Up Today
Shares of asset management firm Invesco (NYSE:IVZ) jumped 3.5% in the afternoon session after Barclays raised its price target on the stock and the company announced a major transaction for its Canadian fund business.
Why Piper Sandler (PIPR) Stock Is Trading Up Today
Shares of investment banking firm Piper Sandler (NYSE:PIPR) jumped 4% in the afternoon session after the investment banking sector rallied as industry giants Goldman Sachs and Morgan Stanley reported strong fourth-quarter profits.