ASAN stock news · Asana, Inc.
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Get alerts for ASANBofA Securities raised its target price for Asana to $12.75 from $10.75 and still thinks it's a good buy.
Good for ASANBofA raised its share price target for Asana and kept its Buy rating. This is a modest positive signal, but the story reports no new company results.
12 tech stocks changed a lot in prices during Thursday's after-hours trading.
NeutralAsana's shares fell 4.26%, but the article reports no change to its business. This price move alone does not change its outlook.
Following positive Q2 results, analysts raise their projections for Asana.
NeutralAsana Inc reported second-quarter revenue of $216.43 million, exceeding analyst expectations, and adjusted earnings of 10 cents per share, also beating estimates. The company provided soft guidance for the third quarter and raised its full-year revenue outlook, leading analysts to adjust their price targets for the stock.
Mixed Q2 outcomes from Oxford Industries lead to a decline in shares, alongside Asana, Lululemon Athletica, and other major stocks during Friday's pre-market trading.
Bad for ASANAsana issued third-quarter EPS guidance below estimates, a direct negative signal for near-term revenue/profitability expectations.