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NTGR

Netgear

$60.49

0.95 (1.60%)

, TASR

Changed name to AAXN

$28.61

-0.32 (-1.11%)

10:20
10/03/16
10/03
10:20
10/03/16
10:20

On The Fly: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Netgear (NTGR) downgraded to Hold from Buy at BWS Financial with analyst Hamed Khorsand saying shares are up approximately 100% this year and are being valued as though there could be a continuous purchasing cycle for the latest products Netgear sells, which he does not believe to be the case. 2. TASER (TASR) downgraded to Neutral from Buy at Ladenburg. 3. Citrix (CTXS) downgraded to Sell from Neutral at UBS with analyst Brent Thill saying he believes the next part of the company's transition will be more difficult reflecting the GoTo spin-off; its fastest growing segment. 4. Robert Half (RHI) downgraded to Underperform from Neutral at Credit Suisse with analyst Anjaneya Singh citing fewer catalysts and increased downside risk in a slowing labor market. 5. Noble Corp. (NE) downgraded to Hold from Buy at Societe Generale with analyst Edward Muztafago citing recent share strength and lower earnings from reduced offshore spending. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

NTGR

Netgear

$60.49

0.95 (1.60%)

TASR

Changed name to AAXN

$28.61

-0.32 (-1.11%)

CTXS

Citrix

$85.22

0.28 (0.33%)

RHI

Robert Half

$37.59

-0.27 (-0.71%)

NE

Noble Corp.

$6.16

-0.18 (-2.84%)

  • 15

    Nov

  • 08

    Dec

NTGR Netgear
$60.49

0.95 (1.60%)

04/05/16
04/05/16
INITIATION
Target $43

Neutral
Netgear initiated with a Neutral at Sterne Agee CRT
Target $43.
10/03/16
BWSF
10/03/16
DOWNGRADE
BWSF
Hold
Netgear downgraded to Hold from Buy at BWS Financial
BWS Financial analyst Hamed Khorsand downgraded Netgear to Hold and lowered its price target to $60 from $64. The analyst said shares are up approximately 100% this year and are being valued as though there could be a continuous purchasing cycle for the latest products Netgear sells, which he does not believe to be the case.
06/08/16
WDLK
06/08/16
INITIATION
Target $55
WDLK
Buy
Netgear initiated with a Buy at Wunderlich
Target $55.
07/12/16
RSBL
07/12/16
DOWNGRADE
Target $47.5
RSBL
Neutral
Netgear downgraded to Neutral from Buy at Rosenblatt
Rosenblatt analyst Kirk Adams downgraded Netgear to Neutral citing full valuation and maintained its $47.50 price target.
TASR Changed name to AAXN
$28.61

-0.32 (-1.11%)

10/03/16
CHLM
10/03/16
NO CHANGE
Target $33
CHLM
Buy
Craig-Hallum calls TASER 'leader' in body cams, but notes pricing pressure
Craig-Hallum analyst Steven Dyer said he expects TASER shares to come under pressure after NYPD issued a public hearing notice for a proposed contract for TASER rival Vievu to provide 1,000 body cameras and cloud-based storage for a 1-year pilot program. In "an attempt to remain relevant," it appears Vievu is providing free body cams to 5,000 officers at the beginning and agreed to a "significantly unprofitable contract," contends Dyer, who still views TASER as the "dominant force in the domestic body-worn video market." While he will be watching for downward pressure on future body cam deals, Dyer keeps a Buy rating and $33 price target on TASER shares.
10/03/16
LTCO
10/03/16
DOWNGRADE
LTCO
Neutral
TASER downgraded to Neutral from Buy at Ladenburg
08/02/16
DOTC
08/02/16
NO CHANGE
Target $34
DOTC
Buy
TASER price target raised to $34 from $23 at Dougherty
Dougherty analyst Jeremy Hamblin reiterates his Buy rating on TASER shares ahead of the company's Q2 earnings report on August 4, noting that he expects record Q2 bookings of at least $60M. The analyst, who thinks recent use of force incidents are likely to accelerate decision making and potentially increase funding for body cameras, raised his price target on TASER shares to $34 from $23.
08/04/16
08/04/16
NO CHANGE

On The Fly: After Hours Movers
UP AFTER EARNINGS: Pacific Biosciences (PACB), up 17%... MasTec (MTZ), up 9.6%... Aratana Therapeutics (PETX), up 9.2%... Lion's Gate (LGF), up 6.4%... Priceline (PCLN), up 5.7%... Ubiquiti (UBNT), up 5.5%... MercadoLibre (MELI), up 4.1%... Organovo (ONVO), up 3.9%... Kraft Heinz (KHC), up 3.3%... EOG Resources (EOG), up 2.8%... Monster Beverage (MNST), up 1.2%... TASER (TASR), up 1.2%... Take-Two (TTWO), up 0.9%... Activision Blizzard (ATVI), up 1%... BioMarin (BMRN), up 0.4%. ALSO HIGHER: Egalet (EGLT), up 31.2% after the company announced that an FDA advisory committee recommended approval of its ARYMO ER drug... Rackspace (RAX), up 17.6% after the Wall Street Journal reported that the company was near a takeover deal with a private equity buyer... Osiris (OSIR), up 8.5% after it said that the manuscript from its prospective trial using Grafix was published. DOWN AFTER EARNINGS: Hortonworks (HDP), down 26.2%... PDL BioPharma (PDLI), down 17.5%... FireEye (FEYE), down 15.8%... Sierra Wireless (SWIR), down 15.6%... Aquinox (AQXP), down 14.7%... Zynga (ZNGA), down 9.4%... Universal Display (OLED), down 8.2%... Weight Watchers (WTW), down 7.6%... Zillow Group (Z, ZG), down 5.5%... Arista Networks (ANET), down 4.5%... Noodles & Company (NDLS), down 4.3%... Merrimack (MACK), down 1.7%... Bankrate (RATE), down 1.7%.
CTXS Citrix
$85.22

0.28 (0.33%)

08/01/16
JEFF
08/01/16
DOWNGRADE
Target $71
JEFF
Underperform
Citrix downgraded to Underperform from Hold at Jefferies
Jefferies analyst John DiFucci downgraded Citrix to Underperform saying the majority of activist-driven efficiency gains have been realized. The shares are overvalued at current levels, DiFucci tells investors in a research note. He expects the GoTo separation and imminent sale will likely create less value to shareholders than anticipated. The analyst cut his price target for the shares to $71 from $80.
07/27/16
SPHN
07/27/16
NO CHANGE
Target $80
SPHN
Overweight
LogMeln price target raised to $80 from $70 at Stephens
Stephens analyst Jonathan Ruykhaver raised his price target for LogMeln (LOGM) to $80 from $70 after the company reported Q2 results that saw "strong" beats on revenue, EBITDA and non-GAAP EPS for the quarter. The analyst reiterates an Overweight rating on the shares given the "strong" strategic positioning its merger with Citrix's (CTXS) GoTo represents, combined with significant cost synergies, and a "strong" management team and board.
10/03/16
UBSW
10/03/16
DOWNGRADE
Target $81
UBSW
Sell
Citrix downgraded to Sell from Neutral at UBS
UBS analyst Brent Thill downgraded Citrix to Sell from Neutral as he believes the next part of the company's transition will be more difficult reflecting the GoTo spin-off; its fastest growing segment. Thill maintained his $81 price target on Citrix shares.
08/02/16
08/02/16
NO CHANGE

Citrix downgraded to a Best Short idea at Arete Research
RHI Robert Half
$37.59

-0.27 (-0.71%)

08/25/16
MACQ
08/25/16
INITIATION
Target $43
MACQ
Neutral
Robert Half initiated with a Neutral at Macquarie
Macquarie analyst Hamzah Mazari initiated Robert Half with a Neutral and $43 price target.
10/03/16
FBCO
10/03/16
DOWNGRADE
Target $33
FBCO
Underperform
Robert Half downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Anjaneya Singh downgraded Robert Half to Underperform and lowered its price target to $33 from $37 citing fewer catalysts and increased downside risk in a slowing labor market. Singh said temp margins appear to have peaked and further upside to overall margins would have to come from higher mix of Perm or Protiviti, but the recent trajectory has been flat/down year-over-year in both segments.
09/29/16
NRCS
09/29/16
DOWNGRADE
NRCS
Sell
Robert Half downgraded to Sell from Neutral at Northcoast
Northcoast analyst John Healy downgraded Robert Half to Sell with a $31 price target based on valuation, and increasing competitive threats.
08/17/16
DBAB
08/17/16
INITIATION
Target $44
DBAB
Buy
Robert Half initiated with a Buy at Deutsche Bank
Target $44.
NE Noble Corp.
$6.16

-0.18 (-2.84%)

10/03/16
SOCG
10/03/16
DOWNGRADE
Target $7
SOCG
Hold
Noble Corp. downgraded to Hold from Buy at Societe Generale
Societe Generale analyst Edward Muztafago downgraded Noble Corp to Hold and lowered its price target to $7 from $10 due to recent share strength and lower earnings from reduced offshore spending.
09/21/16
GSCO
09/21/16
UPGRADE
Target $4
GSCO
Neutral
Noble Corp upgraded to Neutral from Sell at Goldman
Goldman analyst Waqar Syed upgraded Noble Corp (NE) to Neutral and maintained its $4 price target due to relative underperformance, especially versus Diamond Offshore (DO) which was downgraded to Sell. Further, the analyst said Noble's EBITDA has already corrected sharply and sees lower declines versus peers in 2017-2020.
09/14/16
HOWW
09/14/16
INITIATION
Target $6.5
HOWW
Sector Perform
Noble Corp. initiated with a Sector Perform at Scotia Howard Weil
Scotia Howard Weil analyst Black Hancock initiated Noble Corp. with a Sector Perform and a $6.50 price target.
08/16/16
08/16/16
UPGRADE

On The Fly: Top analyst upgrades
Catch up on today's top analyst upgrades with this list compiled by The Fly: 1. Vipshop (VIPS) was upgraded to Buy from Neutral at BofA/Merrill. 2. Chesapeake (CHK) was upgraded to Equalweight from Underweight and Forum Energy (FET) was upgraded to Overweight from Equalweight at Capital One. 3. Noble Corp. (NE) and Patterson-UTI (PTEN) were upgraded to Neutral from Underperform while Marathon Oil (MRO) and Sasol (SSL) were upgraded to Buy from Neutral at BofA/Merrill. 4. Shenandoah (SHEN) was upgraded to Outperform from Market Perform at Raymond James with analyst Ric Prentiss citing valuation, increased visibility into the future of the combined nTelos (NTLS) and Sprint (S) entity, and expectations of further transactions with Sprint that would expand its wireless coverage footprint and serve as a further catalysts for shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

V

Visa

$102.90

-2.665 (-2.52%)

14:50
09/25/17
09/25
14:50
09/25/17
14:50
Options
Bullish option play opened in Visa as shares slump »

Bullish option play…

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  • 22

    Oct

  • 29

    Nov

RHT

Red Hat

$105.41

-0.89 (-0.84%)

14:49
09/25/17
09/25
14:49
09/25/17
14:49
Options
Red Hat options imply 10.7% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 25

    Sep

APRN

Blue Apron

$5.47

0.28 (5.40%)

14:45
09/25/17
09/25
14:45
09/25/17
14:45
Options
Blue Apron call volume above normal and directionally bullish »

Bullish option flow…

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TRIP

TripAdvisor

$44.37

0.125 (0.28%)

, PCLN

Priceline

$1,862.13

-4.22 (-0.23%)

14:42
09/25/17
09/25
14:42
09/25/17
14:42
Hot Stocks
Analysts trim TripAdvisor estimates on increasing online travel concerns »

Shares of TripAdvisor…

TRIP

TripAdvisor

$44.37

0.125 (0.28%)

PCLN

Priceline

$1,862.13

-4.22 (-0.23%)

TRVG

trivago

$10.70

-0.04 (-0.37%)

EXPE

Expedia

$145.77

2.65 (1.85%)

03/08/13
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DY

Dycom

$81.51

-1.185 (-1.43%)

14:36
09/25/17
09/25
14:36
09/25/17
14:36
Conference/Events
Dycom management to meet with Stephens »

Meetings to be held in…

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  • 26

    Sep

  • 27

    Sep

DY

Dycom

$81.56

-1.13 (-1.37%)

14:35
09/25/17
09/25
14:35
09/25/17
14:35
Options
Dycom put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 26

    Sep

AMZN

Amazon.com

$955.10

-9.55 (-0.99%)

14:31
09/25/17
09/25
14:31
09/25/17
14:31
Technical Analysis
Technical View: Amazon.com falls, topping process confirmed »

The shares are down 2.1%…

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  • 03

    Oct

  • 22

    Oct

DIS

Disney

$99.37

0.77 (0.78%)

14:27
09/25/17
09/25
14:27
09/25/17
14:27
Recommendations
Disney analyst commentary  »

Disney approach to price…

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  • 09

    Nov

ESV

Ensco

$5.77

0.53 (10.11%)

14:25
09/25/17
09/25
14:25
09/25/17
14:25
Options
Ensco call volume above normal and directionally bullish »

Bullish option flow…

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03/06/13
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  • 02

    Oct

  • 05

    Oct

NFLX

Netflix

$187.35

-1.43 (-0.76%)

14:21
09/25/17
09/25
14:21
09/25/17
14:21
Technical Analysis
Technical View: Netflix trades near lows of the day »

The shares are down over…

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  • 02

    Oct

  • 16

    Oct

  • 22

    Oct

$NSD

NASDAQ Market Internals

14:17
09/25/17
09/25
14:17
09/25/17
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

14:16
09/25/17
09/25
14:16
09/25/17
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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GREK

Global X MSCI Greece ETF

$9.18

-0.635 (-6.47%)

14:10
09/25/17
09/25
14:10
09/25/17
14:10
Options
MSCI Greek Fund puts are active as shares falter »

MSCI Greek Fund puts are…

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AMD

AMD

$13.30

-0.11 (-0.82%)

, NVDA

Nvidia

$179.00

-1.76 (-0.97%)

14:08
09/25/17
09/25
14:08
09/25/17
14:08
Hot Stocks
AMD, NVIDIA fall after Intel unveils next generation of core processors »

Shares of AMD (AMD) and…

AMD

AMD

$13.30

-0.11 (-0.82%)

NVDA

Nvidia

$179.00

-1.76 (-0.97%)

INTC

Intel

$37.18

-0.02 (-0.05%)

03/08/13
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03/06/13
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03/06/13
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  • 05

    Oct

  • 22

    Oct

HLF

Herbalife

$67.51

-0.06 (-0.09%)

14:06
09/25/17
09/25
14:06
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14:06
Hot Stocks
FTC grants Carl Icahn clearance for additional Herbalife purchases »

The Federal Trade…

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YY

YY

$80.52

4.45 (5.85%)

14:05
09/25/17
09/25
14:05
09/25/17
14:05
Options
YY call volume above normal and directionally bullish »

Bullish option flow…

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14:05
09/25/17
09/25
14:05
09/25/17
14:05
General news
Treasury Option Action: heavy put spread demand at the short-end »

Treasury Option Action:…

RCII

Rent-A-Center

$10.80

-0.07 (-0.64%)

13:55
09/25/17
09/25
13:55
09/25/17
13:55
Options
Rent A Center put volume heavy and directionally bearish »

Bearish flow noted in…

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03/06/13
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13:55
09/25/17
09/25
13:55
09/25/17
13:55
Conference/Events
Senate Finance Committee holds a hearing »

The Committee holds a…

GS

Goldman Sachs

$230.10

-0.93 (-0.40%)

13:54
09/25/17
09/25
13:54
09/25/17
13:54
Periodicals
Symphony to raise $100M to expand, The Information says »

Goldman Sachs-backed…

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  • 02

    Oct

  • 17

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  • 22

    Oct

AMDA

Amedica

$0.33

0.005 (1.56%)

13:50
09/25/17
09/25
13:50
09/25/17
13:50
Downgrade
Amedica rating change  »

Amedica downgraded to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 26

    Sep

SCWX

SecureWorks

$12.57

0.15 (1.21%)

13:47
09/25/17
09/25
13:47
09/25/17
13:47
Hot Stocks
Breaking Hot Stocks news story on SecureWorks »

ETF Managers Group…

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DVN

Devon Energy

$36.59

0.81 (2.26%)

13:45
09/25/17
09/25
13:45
09/25/17
13:45
Options
Devon Energy call volume above normal and directionally bullish »

Bullish option flow…

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03/06/13
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03/06/13
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  • 01

    Nov

13:45
09/25/17
09/25
13:45
09/25/17
13:45
General news
Treasury Action: coupon supply commences Tuesday »

Treasury Action: coupon…

ADP

ADP

$108.16

1.37 (1.28%)

13:43
09/25/17
09/25
13:43
09/25/17
13:43
Hot Stocks
Pershing: ADP overstates shareholder return during CEO's tenure »

Pershing Square Capital…

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