Levi sells Docker, HPE -upgrade, Mongodb: Trend -Ticker

00:00 Speaker A

Now time for some of today's trend kickers. We watch Levi Strauss, Hewlett Packard and Mongo DB. Initially, Levi Strauss agreed to sell Docker to the brand management company Authentic Brands Group for the initial value of USD 311 million. The Denim company said in October that it examined a potential sale of the Dockers brand. The transaction is expected to be closed on or around July 31 for some property. Next, Hewlett Packard received an upgrade to surpass from Evercore ISI in the line. The analyst says that the risk of risk is quite attractive, especially for investors who have a certain duration. The analyst emphasized four key scenarios for HPE when it comes to approval for the long -awaited Juniper deal. The company believes that its upward trend is more likely. In this case, the share would be worth between $ 25 and $ 30 per share. And even without permission for the Juniper deal, says Evercore, the company has opportunities to improve profits. Finally, Mongo DB, cut to stop at Loop Capital Markets. The company says that the company's cloud platform, Atlas, does not gain traction as quickly as expected, which could lead to a slower AI project growth on the platform. The analyst assumes that consumption growth will continue to slow down until the company makes progress with its larger corporate customers. As a result, the company has reduced its price target for stocks to 190 US dollars. This is significantly due to the previous 350 US dollars. You can scan the following QR code to track the best and worst shares in the session with the “Trending Tickers” page from Yahoo Finance.