The Latest Breaking News from Piper Sandler

Analysts cut their price targets on Sprout Social Inc (NASDAQ:SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple compression across high growth software but kept a Buy.  The company's Q4 results were "impressive," highlighted by the acceleration of upmarket demand, record large…

Marathon Oil Corporation (NYSE: MRO) expects to return up to $3.1 billion to shareholders in 2022, which equates to around 20% of its shares outstanding, according to Piper Sandler.

Analysts mainly hailed HubSpot Inc's (NYSE:HUBS) Q4 performance by raising their price targets on the stock. Mizuho analyst Siti Panigrahi raised the price target on HubSpot to $625 from $500 (16.92% upside) and kept a Buy rating on the shares.  The company reported strong results once again in Q4 on broad-based strength with a particular…

  Piper Sandler (NYSE:PIPR) reported its Q4 earnings results on Thursday, February 10, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Analyst opinions remain divided over Paycom Software Inc (NYSE:PAYC) post Q4 results. Piper Sandler analyst Arvind Ramnani raised the price target on Paycom to $505 from $498 (40% upside) and reiterated an Overweight.  Paycom's Q4 results "were robust all-around" as revenue came in well above expectations driven by a healthy demand environment, Ramnani says. Stifel analyst Brad…

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares.  While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…

Impressive fourth-quarter earnings reports have partially allayed market concerns about current record-high inflation and a looming interest rate hike. Nevertheless, since the market remains volatile, we think it could be wise to bet on high-quality mid-cap stocks Masonite International (DOOR), Silicon Motion (SIMO), Piper Sandler (PIPR), and Belden (BDC). They…

Piper Sandler analysts Weston Twigg and Harsh Kumar jointly noted that inSpectrum released its January monthly memory contract pricing data, which indicated DRAM 8Gb DDR4 fell 8% month-over-month and that NAND 256Gb TLC dropped 1% on a month-over-month basis.  The analysts, who monitor the three-month rolling average year-over-year change to better gauge trends,…

Analysts mostly hailed Visa Inc's (NYSE:V) Q1 FY22 results by raising their price targets on the stock. Raymond James analyst John Davis raised the price target to $281 from $265 (36.3% upside) and maintained an Outperform.  Visa's Q1 print included better than expected results across the board as well as an increased FY22 outlook that should send…