Salesforce, Mullen Automotive, Digital Turbine and more from Benzinga

©Reuters. Benzinga’s Brief on Trending Tickers: Salesforce, Mullen Automotive, Digital Turbine and more

Benzinga’s Daily Brief On Trending Tickers highlights the most searched for tickers from across the web and uses the Benzinga Pro platform to highlight breaking news that may impact those stocks.

Trend Ticker data is compiled from a list of the most discussed tickers on the popular Reddit forum WallStreetBets.

Salesforce Inc (NYSE: CRM) shares rose during Wednesday’s premarket session after the company said first-quarter revenue rose 24% year over year to $7.41 billion, beating estimates by Surpassed $7.38 billion. The company reported quarterly earnings of 98 cents per share, beating estimates of 94 cents per share.

Piper Sandler’s analyst Bracelin kept an Overweight position in Salesforce and cut the price target to $250 from $330.

Mullen Automotive Inc (: MULN) shares soared Tuesday after the company announced the results of its solid-state polymer battery tests with Indiana’s Battery Innovation Center., Inc. (NASDAQ:NASDAQ:) shares are up more than 16% over the past five trading sessions as the company prepares to complete its 20-for-1 stock split that is set to take place on June 3rd , and thinking about June 6th.

Jeffries analyst Brent Thill kept Amazon with a Strong Buy rating and lowered its price target to $3,250 from $3,700.

Digital Turbine Inc (NASDAQ: APPS) shares slumped on Wednesday, trading 17% lower after the company said revenue in the fiscal fourth quarter rose 94% year over year to $184.1 million had risen. The company reported quarterly earnings of 39 cents per share, in line with analyst estimates.

Capri Holdings Ltd (NYSE: CPRI) shares are trading higher after the company reported better-than-expected earnings results, issued new guidance above Street estimates and approved a $1 billion share buyback program.

Barclays (LON:) analyst Adrienne Yih kept Capri with a Strong Buy rating and increased the price target to $74 from $72 on April 19, 2022.

vTv Therapeutics Inc (NASDAQ: VTVT) shares surged 75% after the company announced it had entered into agreements that included a $25 million investment by G42 Investments.

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