Despite forecasted growth beyond the broader industry, anticipated revenue volatility might lead to wavering P/S ratio and lower selling prices accepted by shareholders, suggesting potential impact on share prices.
Pre-Market Stock Movers Gapping up $Zillow-A(ZG.US)$+5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.) $JPMorgan(JPM.US)$+1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.") $3M(MMM.US)$+2% (Shares rose n...