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Market Update: AudioCodes Falls Short on Q1 Earnings, Howmet Aerospace Receives Price Target Boost, NeoGenomics Upgraded to Buy

  • May 09th, 2023
  • 578 views

AudioCodes Ltd. (Nasdaq: AUDC) has reported Q1 earnings per share of $0.08, falling short of the consensus estimate of $0.17. Despite this, the stock is trading higher in pre-market, currently up 6.21% to $10.61.

Barclays has raised the price target for Howmet Aerospace Inc. (NYSE: HWM) to $52 from $44. However, the stock is only up 0.21% to $43.90 in pre-market trading.

In other news, NeoGenomics, Inc. (Nasdaq: NEO) has been upgraded to Buy from Neutral by BTIG Research. This has resulted in a surge in pre-market trading, with the stock up 7.40% to $16.54.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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