The Latest Breaking News from RBC Capital

Upgrades For Aris Water Solutions Inc (NYSE:ARIS), Capital One upgraded the previous rating of Equal-Weight to Overweight. The stock has a 52-week-high of $19.16 and a 52-week-low of $10.06. At the end of the last trading period, Aris Water Solutions closed at $18.55.

AAR Corp's (NYSE:AIR) price target has been raised to $56 (an upside of 12%) from $50 by RBC Capital analyst Ken Herbert while maintaining his Outperform rating on the shares.  The analyst notes AAR's Q3 results showed steady improvement, with aviation sales up just under 3% Q/Q. Herbert specifies that AAR faced some softness early…

RBC Capital analyst Brad Erickson slashed the price target on Uber Technologies Inc (NYSE:UBER) to $50 from $65 (57% upside) but kept an Outperform.  Erickson cut the price target on Lyft Inc (NASDAQ:LYFT) to $50 from $53 (37% upside) and kept an Outperform.  Erickson cited the findings from RBC's proprietary driver supply analysis that gave a relative…

Analysts continue to see sharp upside in PagerDuty Inc (NYSE:PD) post Q4 beat. Monness Crespi analyst Brian White raised the price target to $44 from $40 (64% upside) and kept a Buy. PagerDuty has a significant opportunity in the real-time digital operations market but a more modest valuation than other next-gen software vendors, White said.…

Truist analyst Michael Ciarmoli maintained the Buy rating on the shares of VSE Corp (NYSE:VSEC) and lowered the price target to $65 from $73. Ciarmoli remains optimistic about the company. RBC Capital analyst Ken Herbert lowered the price target on VSE to $65 (an upside of 47%) from $70 and kept an Outperform rating on the shares.…

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

Analysts continue to see sharp upside in Bumble Inc (NASDAQ:BMBL) despite cutting their price targets post Q4 results. BMO Capital analyst Daniel Salmon upgraded to Outperform from Market Perform with an unchanged price target of $48 (103% upside). Online dating is poised to outperform the internet sector. Cowen analyst John Blackledge raised the price target to $38…

RBC Capital analyst Ken Herbert raised the price target on AeroVironment, Inc. (NASDAQ:AVAV) to $70 (4% downside) from $65 and maintained a Sector Perform rating on the shares after its Q3 earnings. The analyst states that while fundamentals appear to be improving for the company, the results also highlighted continued budget and supply chain risk,…

Analysts lowered their price target on Domino's Pizza Inc (NYSE:DPZ) following the company's Q4 results. Citi analyst Sergio Matsumoto lowered the price target to $480 (18% upside) from $540 and kept a Neutral rating on the shares. The analyst cited forecast decreases and market conditions for the reduced price target. Barclays analyst Jeffrey Bernstein lowered…

 

RBC Capital analyst Matthew Hedberg upgraded GitLab Inc (NASDAQ:GTLB) to Outperform from Sector Perform with an unchanged $90 price target, suggesting a 35% upside. The analyst cites the stock's "more reasonable valuation" after a pullback in price.  Hedberg adds that he remains bullish on GitLab taking a significant share in the estimated $40 billion DevSecOps…