Stocks making big moves yesterday: Fluence Energy, Paymentus, RLI, Dick's, and Robinhood
Check out the companies making headlines yesterday:
Fluence Energy (NASDAQ:FLNC): Electricity storage and software provider Fluence (NASDAQ:FLNC) rose by 3.7% on Tuesday after UBS upgraded the company's stock from Sell to Neutral and raised its price target to $12 from $9. See our full article here.
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Paymentus (NYSE:PAY): Digital payment platform Paymentus (NYSE:PAY) fell by 3.9% on Tuesday after Wolfe Research downgraded the company to Peer Perform from Outperform. See our full article here.
Is now the time to buy Paymentus? Access our full analysis report here, it’s free.
RLI (NYSE:RLI): Specialty insurance provider RLI (NYSE:RLI) fell by 2.7% on Tuesday after Jefferies downgraded the stock from Hold to Underperform and set a price target of $53.00, citing valuation concerns and limited margin for error. See our full article here.
Is now the time to buy RLI? Access our full analysis report here, it’s free.
Dick's (NYSE:DKS): Sporting goods retailer Dick’s Sporting Goods (NYSE:DKS) fell by 27.1% on Tuesday after the company reported weaker-than-expected second-quarter results and cut its full-year sales and profit forecasts. See our full article here.
Is now the time to buy Dick's? Access our full analysis report here, it’s free.
Robinhood (NASDAQ:HOOD): Financial services company Robinhood (NASDAQ:HOOD) rose by 7.9% on Tuesday as crypto strength and retail trading activity continued to lift digital-asset brokerages following Bitcoin’s rebound earlier in the week See our full article here.
Is now the time to buy Robinhood? Access our full analysis report here, it’s free.