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Are analysts bullish on these tech stocks following Q1FY24 earnings announcement?

Technology stocks have had an interesting run during this year, with artificial intelligence (AI) taking center stage. Many tech stocks have benefited from the disruption caused by AI, making these stocks a good watch during this earnings season.

Akanksha Vashisht | 13 June 2023

Truist Securities upgrades CrowdStrike (NASDAQ: CRWD) to Buy post Q1 FY24 release

CrowdStrike Holdings Inc. (NASDAQ: CRWD) received a rating upgrade from Truist Securities post the release of its financial results for Q1 FY24. On May 31, 2023, the cybersecurity giant reported revenue of US$ 692.6 million for Q1 of fiscal 2024. This quarter’s revenue marked …

Akanksha Vashisht | 08 June 2023

Analysts retain ‘Buy’ rating on Phreesia Inc (NYSE: PHR) post Q1‘24 results

Analysts suggest investing in Phreesia Inc. (NYSE: PHR) post the release of its financial results for Q1 2024. For the three months ended April 30, 2023, Phreesia reported a total revenue of US$ 83.8 million. The mean recommendation for PHR is 1.6 on a …

Akanksha Vashisht | 06 June 2023

Wells Fargo upgrades PVH Corp (NYSE: PVH) to Overweight post Q1FY2023 announcement

PVH Corp. (NYSE: PVH) reported a first quarter revenue of US$ 2.158 billion, higher than the company expectations of no major change over the prior year period. After the announcement, PVH received a rating upgrade from Wells Fargo Securities.

Akanksha Vashisht | 05 June 2023

Brokers retain ‘Buy’ rating on Capital Southwest Corp. (NASDAQ: CSWC) post Q4FY23 announcement

Capital Southwest, a financing solutions provider, released its results for Q4 FY23 ended March 31, 2023. The financial results were released on May 24, 2023, highlighting the company’s total investment portfolio of US$ 1.2 billion.

Akanksha Vashisht | 01 June 2023

Arctic Securities upgrades Diana Shipping (NYSE: DSX) to ‘Buy’ post Q1 2023 release

Diana Shipping released its financial results for the three months ended March 31, 2023, reporting a net income of US$ 22.7 million in the quarter. The announcement resulted in Artic Securities upgrading its rating to ‘Buy’ on DSX.

Akanksha Vashisht | 31 May 2023

Are analysts bullish on AutoZone Inc. (NYSE: AZO) post Q3 release?

AutoZone, a premier seller of automotive parts and accessories, has received a ‘Buy’ rating from analysts post the release of its Q3 financial results. For the three months ended May 6, 2023, AutoZone reported 5.8% sequential increase in net sales to US$ 4.1 billion.

Akanksha Vashisht | 30 May 2023

Analysts retain ‘Buy’ rating on Onconova Therapeutics (NASDAQ: ONTX) despite Q1 losses

Onconova is a biopharmaceutical company centered towards developing and uncovering products that treat cancer. One of the latest developments for the company has been the initiation of the dosing in its treatment drug for endometrioid endometrial cancer Onconova also announced that the first participant …

Akanksha Vashisht | 26 May 2023

Analysts retain ‘Buy’ rating on Onconova Therapeutics (NASDAQ: ONTX) despite Q1 losses

Onconova is a biopharmaceutical company centered towards developing and uncovering products that treat cancer. One of the latest developments for the company has been the initiation of the dosing in its treatment drug for endometrioid endometrial cancer Onconova also announced that the first participant …

Akanksha Vashisht | 26 May 2023

Analysts revise ratings on Fabrinet (NYSE: FN) post Q3 announcement

Brokers revised their ratings on Fabrinet after the release of the company’s financial results for Q3 FY23. Fabrinet announced that its results for the quarter ended March 31, 2023, exceeded its guidance.

Akanksha Vashisht | 24 May 2023