Erasca (ERAS) shares rose 1.5% in Thursday afternoon trading after BofA Securities upgraded the stock to neutral from underperform and raised its price target to $16 from $9.
Trading volume stood at over 5.5 million shares, compared with a daily average of about 6.9 million shares.
Price: $13.38, Change: $+0.20, Percent Change: +1.52%
Karat Packaging (KRT) shares rose 6% on Thursday after William Blair upgraded the stock to outperform from market perform.Trading volume stood at around 63,470 shares compared with a daily average of 94,236.Price: $28.22, Change: $+1.60, Percent Change: +6.01%
C3.ai's (AI) fiscal 2027 guidance implies quarter-over-quarter revenue improvement through the year and a return to growth in the second half on an easy comparison basis, UBS Securities said.The investment firm said in a note Wednesday that fiscal 2027 is likely to be a noisy year due to restructuring, go-to-market changes and the return of Tom Siebel as CEO. It added that the key investor focus is what a return to "normalized" growth will look like in fiscal 2028 and 2029.UBS kept its fiscal 2027 and 2028 revenue estimates largely unchanged at $235 million and $275 million versus $232 million and $273 million previously. However, it noted a wide range of outcomes remains possible given limited visibility across key growth drivers.The brokerage also flagged that license revenue remains the biggest uncertainty in the fiscal 2027 outlook and highlighted that the company provided no clear visibility beyond assuming it is above zero.UBS kept a neutral rating on C3.ai and raised the price target to $12 from $9.Price: $10.70, Change: $-0.02, Percent Change: -0.14%
NOV (NOV) shares rose 3.1% on Thursday after Capital One upgraded the stock to overweight from equalweight and adjusted its price target to $26 per share from $25.Trading volume stood at over 1.7 million shares compared with a daily average of nearly 4.7 million.Price: $21.48, Change: $+0.66, Percent Change: +3.15%