• Mizuho analyst James Lee reiterated a Buy on Alibaba Group Holding Limited with a $160 price target.
• Barclays cut the price target on Catalent, Inc. from $130 to $115. Barclays analyst Luke Sergott maintained an Overweight rating on the stock. Catalent shares fell 7.4% to close at $92.28 on Monday.
• Citigroup lowered SelectQuote, Inc. price target from $2.75 to $1.5. Citigroup analyst Daniel Grosslight maintained a Neutral rating on the stock. SelectQuote shares fell 22.7% to close at $1.40 on Monday.
• B of A Securities cut Affirm Holdings, Inc. price target from $45 to $38. B of A Securities analyst Jason Kupferberg maintained a Buy rating on the stock. Affirm shares rose 2.4% to $24.56 in pre-market trading.
• UBS cut DocuSign, Inc. price target from $70 to $65. UBS analyst Karl Keirstead maintained a Neutral rating on the stock. DocuSign shares rose 2% to $59.14 in pre-market trading.
• Needham increased Napco Security Technologies, Inc. price target from $30 to $33. Needham analyst James Ricchiuti maintained a Buy rating on the stock. Napco Security Technologies rose 0.7% to $28.67 in pre-market trading.
• JP Morgan cut Sealed Air Corporation price target from $62 to $58. JP Morgan analyst Jeffrey Zekauskas, however, upgraded the stock from Underweight to Neutral. Sealed Air shares rose 2.5% to $55.82 in pre-market trading.