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CRM

Salesforce

$70.48

-0.045 (-0.06%)

, TWTR

Twitter

$23.49

-0.5129 (-2.14%)

13:32
10/04/16
10/04
13:32
10/04/16
13:32

Salesforce CFO says very disciplined with M&A, Bloomberg reports

Salesforce (CRM) CFO Mark Hawkins said at an investor conference that his company is very disciplined with M&A, according to Bloomberg. Twitter has been reportedly been exploring a bid for Twitter (TWTR).

CRM

Salesforce

$70.48

-0.045 (-0.06%)

TWTR

Twitter

$23.49

-0.5129 (-2.14%)

  • 04

    Oct

  • 04

    Oct

  • 30

    Nov

CRM Salesforce
$70.48

-0.045 (-0.06%)

10/03/16
BMOC
10/03/16
NO CHANGE
BMOC
Salesforce removed from US Large Cap Fundamental List at BMO Capital
09/30/16
LEHM
09/30/16
NO CHANGE
Target $89
LEHM
Overweight
Barclays says Salesforce deserves a fresh look ahead of Dreamforce conference
Barclays analyst Raimo Lenschow said Salesforce (CRM) deserves a "fresh look" ahead of the Dreamforce conference and analyst day. The analyst said investor sentiment has weakened following slightly lower Q2 results and speculation it could acquire Twitter (TWTR). Lenschow said there is a low likelihood of a Twitter acquisition and expects revenue growth to reaccelerate in 2H FY17 and notes the company is still growing in the low 20% range. The analyst said Salesforce is near the bottom of its 10 year valuation range and reiterates his Overweight rating and $89 price target on shares.
09/28/16
MZHO
09/28/16
DOWNGRADE
Target $15
MZHO
Underperform
Mizuho cuts Twitter to Underperform with $15 price target
Mizuho analyst Neil Doshi downgraded Twitter to Underperform from Neutral based on valuation. The shares are up 45% since the company reported Q2 results, primarily driven by potential buyout comments in media reports, Doshi tells investors in a research note. The stock at current levels is overvalued as Twitter's business fundamentals "have deteriorated significantly" over the past 12 months, the analyst contends. Doshi believes many of the M&A scenarios are unlikely to play out. He puts potential acquirers Salesforce (CRM) and Alphabet (GOOG, GOOGL) in the "maybe" camp, but he still has some reservations about these deals happening. The analyst believes investors of both companies would view a buyout of Twitter as negative. Doshi keeps a $15 price target for Twitter shares. The stock closed yesterday up 35c to $23.72. Loop Capital this morning also downgraded Twitter to Sell.
09/27/16
SBSH
09/27/16
NO CHANGE
Target $16
SBSH
Neutral
Citi sees 40% downside in Twitter with no takeover bid
Citi analyst Mark May believes Twitter's (TWTR) risk/reward skews to the downside following the recent rally in the shares. A buyout of the company carries "strategic rationale for certain companies," but Twitter's "struggles and steep valuation" make a deal at a meaningful premium less likely, May tells investors in a research note. A takeover at $26 per share looks aggressive, May contends. He believes the stock could retest the lows of late May, representing 40% downside from current levels, should an acquisition offer not materialize. The analyst keeps a Neutral rating on Twitter with a $16 price target. The shares closed yesterday up 75c to $23.37 following reports that Disney (DIS) may be joining the list of potential acquires that already includes Alphabet (GOOG) and Salesforce (CRM).
TWTR Twitter
$23.49

-0.5129 (-2.14%)

10/04/16
SUSQ
10/04/16
NO CHANGE
Target $15
SUSQ
Neutral
Upside potential for Twitter takeout already captured, says Susquehanna
Susquehanna analyst Shyam Patil analyzed the potential takeout range for a Twitter buyout and believes most of the potential upside has already been captured. He sees the takeout range in the $17-$24 range and with the stock trading at $24, sees little upside. Patil recommends selling Twitter before market share losses to Snap play out as its fundamentals have deteriorated significantly since going public. Patil reiterated his Neutral rating and $15 price target on Twitter shares.
09/28/16
09/28/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) downgraded to Underperform from Neutral at Wedbush with analyst James Dix citing concerns that the "Four Horsemen of the Search Apocalypse" -- self-identified consumers, consumer control of IP-delivered ads, payments innovation, and attention markets -- might arrive. 2. AT&T (T) downgraded to Neutral from Buy at UBS with analyst John Hodulik citing expectations for lower earnings growth. 3. Macy's (M) downgraded to Neutral from Outperform at Credit Suisse with analyst Michael Exstein saying the retailer, after outlining in August its operations and merchandising strategies, is now in an execution phase. 4. Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho and to Sell from Hold at Loop Capital. 5. Galectin Therapeutics (GALT) downgraded to Sell from Buy at Roth Capital with analyst Sa'ar Yaniv citing the company's announcement that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/28/16
SBSH
09/28/16
NO CHANGE
SBSH
Buy
Citi hopes Disney does not acquire Twitter
Citi analyst Jason Bazinet lays out four reasons for why he doesn't like Disney (DIS) pursuing an acquisition of Twitter (TWTR). Going back 15 years, the analyst can't think of a single web-based property that was successfully acquired by a traditional media firm. Two, he calls Twitter trends "troubling." Three, Bazinet estimates a cash offer would lower Disney's stock by $5 per share while an equity offer would drop its stock by $9. Four, the analyst feels it is unclear how Disney's content will help Twitter. Bazinet thinks both Yahoo (YHOO) and Twitter lost "significant money" when they streamed NFL content over the web. The analyst hopes Twitter is acquired by somebody other than Disney. He keeps a Buy rating on Disney shares. Both Loop Capital and Mizuho this morning downgraded Twitter to sell ratings.

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EIX

Edison International

$69.44

-0.17 (-0.24%)

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PLM

PolyMet Mining

$0.87

0.0001 (0.01%)

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MTCH

Match Group

$18.38

0.18 (0.99%)

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Match Group launches 'Swipe Ventures,' says Tinder CEO to step down »

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BIIB

Biogen

$289.54

4.24 (1.49%)

18:18
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Biogen to present aducanumab Phase 1b data at CTAD meeting »

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  • 08

    Dec

HIVE

Aerohive

$5.41

0.18 (3.44%)

18:17
12/08/16
12/08
18:17
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18:17
Hot Stocks
Discovery Group reports 9.1% stake in Aerohive Networks, sends letter to board »

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ENLK

EnLink Midstream Partners

$17.45

0.2 (1.16%)

, ENLC

EnLink Midstream

$18.20

0.1 (0.55%)

18:05
12/08/16
12/08
18:05
12/08/16
18:05
Periodicals
Outrigger Energy nears sale to midstream services provider, Forbes says »

Private-equity backed…

ENLK

EnLink Midstream Partners

$17.45

0.2 (1.16%)

ENLC

EnLink Midstream

$18.20

0.1 (0.55%)

TRGP

Targa Resources

$54.20

0.38 (0.71%)

ETP

Energy Transfer Partners

$35.13

0.55 (1.59%)

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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POST

Post Holdings

$78.65

0.96 (1.24%)

18:02
12/08/16
12/08
18:02
12/08/16
18:02
Hot Stocks
Post Holdings settles egg antitrust class action claims »

Post Holdings announced…

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ENZN

Enzon

$0.44

-0.0027 (-0.62%)

17:54
12/08/16
12/08
17:54
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17:54
Hot Stocks
Icahn says enters standstill pact with Enzon »

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LDOS

Leidos

$52.27

0.15 (0.29%)

17:53
12/08/16
12/08
17:53
12/08/16
17:53
Hot Stocks
Leidos awarded $350M government contract »

Leidos, Reston, Virginia,…

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DDC

Dominion Diamond

$10.27

0.21 (2.09%)

17:50
12/08/16
12/08
17:50
12/08/16
17:50
Hot Stocks
Dominion Diamond sees FY17 production at Ekati diamond mine 4.5M carats »

Sees FY17 Ekati diamond…

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  • 09

    Dec

FNSR

Finisar

$34.13

1.89 (5.86%)

, AVGO

Broadcom

$170.71

2.16 (1.28%)

17:49
12/08/16
12/08
17:49
12/08/16
17:49
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

FNSR

Finisar

$34.13

1.89 (5.86%)

AVGO

Broadcom

$170.71

2.16 (1.28%)

GLPG

Galapagos NV

$58.95

0.71 (1.22%)

XTLY

Xactly

$14.35

0.35 (2.50%)

RH

Restoration Hardware

$38.99

1.05 (2.77%)

DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

NCS

NCI Building

$17.85

0.6 (3.48%)

FRED

Fred's

$10.84

0.15 (1.40%)

USAC

USA Compression

$18.01

-0.14 (-0.77%)

FRO

Frontline

$7.71

0.37 (5.04%)

WSM

Williams-Sonoma

$56.90

0.61 (1.08%)

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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  • 08

    Dec

  • 08

    Dec

  • 08

    Dec

  • 08

    Dec

  • 08

    Dec

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    Dec

  • 09

    Dec

  • 13

    Dec

  • 14

    Dec

  • 09

    Dec

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

, ANTM

Anthem

$146.61

1.41 (0.97%)

17:48
12/08/16
12/08
17:48
12/08/16
17:48
Hot Stocks
Citron's Andrew Left: 'By no means' calling Express Scripts a fraud or zero »

Speaking in a CNBC…

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

ANTM

Anthem

$146.61

1.41 (0.97%)

CVS

CVS Health

$78.11

-2.42 (-3.01%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 15

    Dec

DDC

Dominion Diamond

$10.27

0.21 (2.09%)

17:45
12/08/16
12/08
17:45
12/08/16
17:45
Earnings
Dominion Diamond reports Q3 EPS 34c with items, consensus (32c) »

Reports Q3 revenue…

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  • 09

    Dec

FRO

Frontline

$7.71

0.37 (5.04%)

17:44
12/08/16
12/08
17:44
12/08/16
17:44
Syndicate
Frontline announces contemplated offering of $100M of common stock »

Frontline has mandated…

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FRED

Fred's

$10.84

0.15 (1.40%)

17:42
12/08/16
12/08
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17:42
Hot Stocks
Fred's says won't take questions due to pending transaction »

On its quarterly earnings…

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  • 08

    Dec

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

17:35
12/08/16
12/08
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17:35
Hot Stocks
Breaking Hot Stocks news story on Express Scripts »

Citron's Left: By no…

03/08/13
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03/06/13
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RNST

Renasant

$44.18

0.75 (1.73%)

, HBOS

Heritage Financial

17:34
12/08/16
12/08
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17:34
Hot Stocks
Renasant announces early termination of all FDIC loss share agreements »

Renasant Corporation…

RNST

Renasant

$44.18

0.75 (1.73%)

HBOS

Heritage Financial

03/08/13
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03/06/13
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COTV

Cotiviti Holdings

$34.41

0.88 (2.62%)

17:34
12/08/16
12/08
17:34
12/08/16
17:34
Syndicate
Cotiviti Holdings requests withdrawal of registration statement »

The company is…

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GLPG

Galapagos NV

$58.95

0.71 (1.22%)

17:33
12/08/16
12/08
17:33
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17:33
Hot Stocks
Breaking Hot Stocks news story on Galapagos NV »

Galapagos: 1st patient…

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  • 14

    Dec

ARNC

Arconic

$20.91

0.03 (0.14%)

17:32
12/08/16
12/08
17:32
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17:32
Hot Stocks
Breaking Hot Stocks news story on Arconic »

Elliot Associates raises…

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  • 14

    Dec

ESRX

Express Scripts

$70.75

-5.1 (-6.72%)

17:30
12/08/16
12/08
17:30
12/08/16
17:30
Hot Stocks
Breaking Hot Stocks news story on Express Scripts »

Citron's Left on…

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EBS

Emergent BioSolutions

$27.22

0.7 (2.64%)

17:28
12/08/16
12/08
17:28
12/08/16
17:28
Earnings
Emergent BioSolutions sees FY16 continuing ops revenue 465M-$485M »

Sees FY16 total revenue…

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SCS

Steelcase

$16.70

0.4 (2.45%)

17:26
12/08/16
12/08
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17:26
Hot Stocks
Steelcase says Q3 orders in Americas grew about 3.5% »

Orders in the Americas…

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  • 21

    Dec

SCS

Steelcase

$16.70

0.4 (2.45%)

17:24
12/08/16
12/08
17:24
12/08/16
17:24
Earnings
Steelcase reports preliminary Q3 EPS 34c, consensus 34c »

Reports preliminary Q3…

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  • 21

    Dec

MVIS

MicroVision

$1.33

-0.07 (-5.00%)

17:23
12/08/16
12/08
17:23
12/08/16
17:23
Syndicate
MicroVision announces offering of common stock, no amount given »

Ladenburg Thalmann &…

03/08/13
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