Netflix (NFLX) – Analysts at Oppenheimer were more favorable on Netflix shares as the company has officially launched paid sharing of its platform at $7.99/month in the US.
Costco Wholesale (COST) – The company will report quarterly results on Thursday afternoon. Retail stocks were in focus this week amid earnings out of several important companies, including Kohl’s (KSS). Kohl’s shares were up more than 12% Wednesday morning following better-than-expected sales.
Uber (UBER) – Analysts at Morgan Stanley Wednesday morning called Uber’s ability to scale profitability in the global delivery space “underappreciated.” The analysts also questioned whether the delivery industry’s runway in the US could be “longer than expected.”
CyberArk Software (CYBR) – A play on identity security. Several sell-side analysts were favorable on CyberArk following the company’s recent investor day. Analysts at William Blair liked the fact CyberArk seemed to “set a new direction, vision, and strategy to expand the opportunity of what it can achieve.”
EpicQuest Education (EEIQ) – A low-float momentum play for Wednesday. Shares were over the $2 level, up 89% from Tuesday’s close. The stock closed Tuesday’s session up about 7% following news of a non-binding agreement with a Chinese college.