This Analyst Slashes PT On Rent the Runway By Around 43%, Plus JP Morgan Predicts $84 For Oracle

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  • Credit Suisse cut the price target for Rent the Runway, Inc. RENT from $7 to $4. Rent the Runway shares fell 30.6% to trade at $3.42 on Tuesday.
  • Truist Securities cut the price target on AnaptysBio, Inc. ANAB from $50 to $28. AnaptysBio shares fell 8% to $23.73 on Tuesday.
  • JP Morgan increased Oracle Corporation ORCL price target from $82 to $84. Oracle shares fell 0.2% to $76.94 on Tuesday.
  • Citigroup raised the price target on CoStar Group, Inc. CSGP from $75 to $92. CoStar Group shares fell 0.9% to $77.73 on Tuesday.
  • SVB Leerink boosted price target for Seagen Inc. SGEN from $152 to $160. Seagen shares fell 2.2% to $146.77 on Tuesday.
  • Raymond James increased the price target on Texas Capital Bancshares, Inc. TCBI from $70 to $73. Texas Capital Bancshares shares fell 1.1% to $60.66 on Tuesday.
  • Barclays cut the price target for SiTime Corporation SITM from $195 to $130. SiTime fell 10.1% to $92.61 on Tuesday.
  • Oppenheimer raised the price target on Braze, Inc. BRZE from $37 to $48. Braze fell 15.2% to $36.90 on Tuesday.
  • BMO Capital raised the price target on Adobe Inc. ADBE from $420 to $435. Adobe shares fell 4.7% to $377.67 on Tuesday.
  • Piper Sandler cut the price target on Health Catalyst, Inc HCAT from $21 to $11. Health Catalyst shares fell 7.4% to $10.67 on Tuesday.

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Check out this: Dow, Nasdaq Futures Move Higher; All Eyes On Inflation Data

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