Analysts Target 3 Stocks After Earnings

TWLO and ROKU are substantially higher today

Deputy Editor
Feb 16, 2023 at 1:48 PM
facebook X logo linkedin


As inflation reports keep investors on their toes, Wall Street continues to get additional clues from the earnings confessional. Today, Twilio Inc (NYSE:TWLO), Tripadvisor Inc Common Stock (NASDAQ:TRIP), and Roku Inc (NASDAQ:ROKU) are all renewed interest from analysts following their respective results. 

Twilio's shares were last seen 19.1% higher to trade at $78.67, after the company reported fourth quarter profits and revenue that beat estimates. In response, no less than 10 analysts hiked their target prices. While the $80 level is keeping a lid on today's positive price action, TWLO is still trading at its highest level since November -- adding to a nearly 60% year-to-date lead.

Tripadvisor, meanwhile, reported earnings earlier this week, beating top- and bottom-line expectations in the process. Bernstein waited until today to downgrade Tripadvisor stock, however, cutting its rating to "market perform," after noting that the company's newly unveiled strategic plan was "more defensive than offensive." Last seen down 10.1% to trade at $22.66, TRIP sports a 23.1% year-over-year deficit.

Lastly, Roku today announced losses and revenue that were higher than Wall Street's expectations. At least 11 brokerages upped their price target, with JPMorgan Chase moving all the way up to $90 from $75. ROKU was last seen trading at $75.01 -- its highest level since August -- after adding 18.1%, and now stands nearly 85% higher in 2023. 

 

Unlock Weekend Profits with Chris Prybal's Favorite Strategy Up +487.5% in 2024

With the markets going left, right, and sideways, you need to have a plan now more than ever. 

Expert Trader Chris Prybal is no stranger to volatility, and has mastered finding big stock rallies while other traders aren't looking over the weekend. Rallies that produced gains like +207% on RTX calls, +236% on MARA calls, and +238% on NET calls.

A few simple moves on Sunday at 7pm could be the “Secret Sauce” your portfolio needs to not just stay afloat, but make unprecedented gains in this turbulent market.


Don’t sit on the sidelines, beat the market with Chris Prybal's strategy. Join him now!

 

 
 
 


 
 

Rainmaker Ads CGI