By coinnews 
00:00 Speaker A
Now time for some of today’s trending tickers. We’re watching Levi Strauss, Hewlett Packard, and Mongo DB. First up, Levi Strauss has agreed to sell Docker to brand management firm Authentic Brands Group for initial value of $311 million. The denim company said in October that it was exploring a potential sale of the Dockers brand, all part of its strategy to focus on its core Levi’s label and expand its direct to consumer business. The transaction is expected to close on or around July 31st for some of the property. Next, Hewlett Packard, getting an upgrade to outperform from in line at Evercore ISI. The analyst saying the risk reward is fairly attractive, specifically for investors who have some duration. The analyst highlighted four key scenarios for HPE when it comes to approval for the long awaited Juniper deal. The firm thinks their upside scenario is more likely, in which case the stock would be worth between 25 to 30 bucks a share. And even without approval for the Juniper deal, Evercore says the company has ways to improve profits. Finally, Mongo DB, cut to hold from buy at Loop Capital Markets. The firm saying the company’s cloud platform, Atlas, isn’t gaining traction as quickly as expected, which could lead to slower AI project growth on the platform. The analyst expects consumption growth to continue to decelerate until the company makes progress on its larger enterprise customers. As a result, the firm slashed its price target on shares to $190. That’s down significantly from the prior $350. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finance’s trending tickers page.