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Why Dubber, Megaport, Sezzle, & Worley shares are storming higher

These ASX shares are really catching the eye on Thursday…
The post Why Dubber, Megaport, Sezzle, & Worley shares are storming higher appeared first on The Motley Fool Australia. –

In early afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. At the time of writing, the benchmark index is up 0.4% to 7,249.1 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are charging higher:

Dubber Corp Ltd (ASX: DUB)

The Dubber share price is up 5.5% to $2.84. This morning the unified call recording service provider announced that Cisco Webex Calling and Cisco Unified Communications Manager Cloud (UCM) will now include Dubber call recording as part of all services at no additional cost to users. If a user requires additional features, such as extended storage, video recording, transcription, sentiment analysis or AI-enriched insights, they can then upgrade their Dubber plan from within Cisco’s Control Hub with immediate access and effect.

Megaport Ltd (ASX: MP1)

The Megaport share price is up 4% to $15.31. Investors have been buying the company’s shares following the release of a positive broker note out of Canaccord Genuity. According to the note, the broker has retained its buy rating and lifted its price target to $17.40. In addition to this, while Morgans held firm with its hold rating this morning, it has lifted its price target by 19% to $15.83.

Sezzle Inc (ASX: SZL)

The Sezzle share price has jumped 22% to $9.15. The catalyst for this was news that the buy now pay later provider has signed a three-year agreement with retail giant, Target Corporation (NYSE: TGT). According to the release, the deal follows Sezzle completing its proof of concept with Target, which looked at the feasibility of a partnership. Sezzle’s platform will be available in-store and across Target’s digital platforms.

Worley Ltd (ASX: WOR)

The Worley share price has stormed 9% higher to $12.18. This strong gain appears to have been driven by a positive reaction from brokers to yesterday’s investor day event. Goldman Sachs retained its conviction buy rating and $15.60 price target on the engineering company’s shares. Whereas Citi has retained its buy rating and lifted its price target to $12.60.

The post Why Dubber, Megaport, Sezzle, & Worley shares are storming higher appeared first on The Motley Fool Australia.

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