Today's Morning Movers and Top Ratings | ADBE, ORCL, MRNA and More
Morning Movers
Gapping up
$Oracle (ORCL.US)$ Shares of Oracle surged over 6.2% as the company increased its revenue forecast for fiscal 2026 and provided strong guidance for the fiscal year 2029.
$Restoration Hardware (RH.US)$ Shares of the home furnishings retailer jumped 18.9% following a robust second quarter. RH reported adjusted earnings per share of $1.69 on revenue of $830 million, surpassing analysts' expectations of $1.56 per share on $825 million of revenue.
$Vistra Energy (VST.US)$ Shares increased by 3.78% following positive endorsement from analysts at Jefferies, who named the firm as their top pick and initiated coverage of the power segment with a constructive view.
$AstraZeneca (AZN.US)$ The U.S.-listed shares of AstraZeneca rose 1.5% despite a downgrade from Deutsche Bank, which moved the biopharmaceutical company to sell from hold due to the underwhelming performance of its datopotamab deruxtecan drug.
Gapping down
$Boeing (BA.US)$ Boeing's stock fell 4.1% as factory workers went on strike early Friday, rejecting a new labor contract. The strike is expected to affect the production of most aircraft, including the 737 Max.
$Moderna (MRNA.US)$ Shares of Moderna declined 3.9% following a downgrade by JPMorgan to underweight, due to anticipated changes in the company's long-term revenue forecast.
$Adobe (ADBE.US)$ Adobe's shares dropped over 8% after issuing softer-than-expected guidance for the current quarter, despite surpassing fiscal third-quarter estimates on revenue and earnings.
Source: CNBC; Investing.com
US Top Rating Updates on 09/13
Source: Dow Jones
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webguybob : buy the Adobe dip?
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