Skip to main content

5 Top Stock Gainers for Friday: Gap, Imax, Oracle

Gap, Imax, Oracle, IDT and W&T Offshore are five top stock gainers for Friday.

Stocks finished higher Friday with tech stocks rebounding after bond yields steadied.

Here are some of the market's biggest gainers for Friday:

1. Gap | Increase 7.6%

Gap  (GPS)  rose after its latest earnings report drew a positive reaction from J.P. Morgan analyst Matthew Boss, who raised his price target on the stock to $32 from $30 and affirmed his overweight rating. 

Gap posted better-than-expected earnings, but missed on sales.

2. Imax | Increase 19%

Imax  (IMAX)  climbed after Macquarie analyst Chad Beynon raised his price target on the motion picture technology company to $25 from $24 while keeping an outperform rating after the company's fourth-quarter earnings beat. 

Scroll to Continue

TheStreet Recommends

Benchmark analyst Mike Hickey raised his target on Imax to $24 from $22 while keeping a buy rating.

3. Oracle | Increase 6.7%

Shares of Oracle  (ORCL)  advanced after Barclays analyst Raimo Lenschow upgraded shares of the software giant to overweight from equal weight and raised his share price target to $80 from $66. 

He said investors have ignored Oracle because strong cloud products like Fusion were overshadowed by poorly performing segments.

4. IDT | Increase 18%

IDT  (IDT)  jumped after the payment and communications company said second-quarter revenue increased 5% to $340 million from $324 million a year earlier, while adjusted Ebitda more than doubled to $16.3 million from $7.4 million.

5. W&T Offshore | Increase 21%

Shares of W&T Offshore  (WTI)  surged after the independent oil and natural gas producer recently beat Wall Street's fourth-quarter-earnings expectations. 

Oil companies in general were climbing after U.S. oil prices traded past $66 for the first time in nearly two years.