Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
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Datadog Shares Jump Thursday: What's Going On?
Datadog shares are trading higher Thursday on possible continued momentum after strong earnings from Snowflake on Wednesday.
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Shares of software companies are trading higher amid sympathy with Snowflake after the company reported better-than-expected Q2 financial results, boosting sentiment across the sector. Falling Treasury yields and Fed's Waller's comments that he is inclined to support holding interest rates steady may also be supporting growth stocks by easing concerns about tighter monetary policy and improving risk appetite.
Read original at benzingaLULU, AVGO, DELL, SNOW, GOOGL: 5 Stocks Investors Couldn't Stop Buzzing About This Week
Retail investors talked up 5 hot stocks during the week (Aug. 31 to Sept. 4) on X and Reddit's r/WallStreetBets: AVGO, LULU, DELL, SNOW, GOOG.
Read original at benzingaMacquarie Maintains Neutral on Snowflake, Raises Price Target to $350
Macquarie analyst Steve Koenig maintains Snowflake (NYSE:SNOW) with a Neutral and raises the price target from $200 to $350.
Read original at benzingaGoldman Sachs Maintains Buy on Snowflake, Raises Price Target to $436
Read original at benzinga