FRG - Hot Stocks: CRWD upgrade; OGI jumps on earnings; ACI falls; KSS bidding war

Earnings reports and analyst comments played major roles in Tuesday's midday action. CrowdStrike (CRWD) was one of the standout gainers, rising in the wake of an analyst comment. At the same time, the release of quarterly results prompted a double-digit percentage gain in shares of OrganiGram (OGI). Meanwhile, financial figures had the opposite impact on Albertsons (ACI), which lost ground despite exceeding estimates with its top and bottom lines. In other news, Kohl's (KSS) recorded an intraday gain, as more bidders reportedly entered a contest to take over the retailer. Gainers CrowdStrike (CRWD) gained ground following an analyst's upgrade, rising almost 5% in midday trading. Goldman Sachs raised its rating on the cybersecurity firm to Buy from Neutral and increased its price target to $285. In making its upgrade, Goldman pointed to a "compelling" valuation after the stock's fall over the past seven months. The firm also argued that CRWD's

For further details see:

Hot Stocks: CRWD upgrade; OGI jumps on earnings; ACI falls; KSS bidding war