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TSLA

Tesla

$196.61

-4.39 (-2.18%)

, SCTY

SolarCity

$18.68

-0.83 (-4.25%)

19:20
10/09/16
10/09
19:20
10/09/16
19:20

Tesla CEO Elon Musk teases new product announcement on 17th

Tesla (TSLA) CEO Elon Musk said in a social media post Sunday: "Tesla product unveiling on the 17th (unexpected by most), followed by Tesla/SolarCity (SCTY) on the 28th." The statement follows a September 22 tweet from Musk that he was targeting an October 28 unveiling of a new Tesla-SolarCity solar roof." Reference Link

TSLA

Tesla

$196.61

-4.39 (-2.18%)

SCTY

SolarCity

$18.68

-0.83 (-4.25%)

TSLA Tesla
$196.61

-4.39 (-2.18%)

10/06/16
10/06/16
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. Tesla (TSLA) downgraded to Neutral from Buy at Goldman with analyst David Tamberrino saying he sees incremental risk to Tesla's business related to management's willingness to deploy capital for M&A, and he believes that any delay in the company's new Model 3 launch will be detrimental to shares. 2. JPMorgan (JPM) downgraded to Hold from Buy at Sandler O'Neill with analyst Jeffery Harte citing relative share outperformance. 3. Abercrombie & Fitch (ANF) downgraded to Sector Weight from Overweight at KeyBanc with analyst Jessica Schmidt saying the elevated promotions add to other headwinds, including the fact that the teen space is "overstored" and faces soft consumer demand and weak tourism. 4. American Express (AXP) downgraded to Reduce from Neutral at Nomura with analyst Bill Carcache saying the combination of weaker than expected revenues and higher than expected expenses will weigh on the shares. 5. Lowe's (LOW) downgraded to Neutral from Buy at Cleveland Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/16
GSCO
10/06/16
NO CHANGE
GSCO
Autos and Autos Parts sector downgraded to Cautious from Neutral at Goldman
Goldman analyst David Tamberrino downgraded the Autos and Auto Parts sector to Cautious from Neutral saying the US Auto cycle peaked in 2015 and is being held up by increasing OEM incentives. The analyst said OEM earnings will decline in 2017/2018 as negative pricing and lower production pressure North American results, but expects suppliers' earnings to hold up longer. The analyst sees upside to Delphi (DLPH) and Harman (HAR) given exposure to secular growth areas and upside to Goodyear Tire (GT) given secular HVA tire growth. Tamberrino downgraded Lear (LEA) to Sell citing elevated expectations and valuation, cut BorgWarner (BWA) to Neutral on valuation, downgraded Tesla (TSLA) to Neutral on execution risk and capital deployment, and upgraded AutoNation (AN) to Neutral given a more defensive business.
10/06/16
GSCO
10/06/16
DOWNGRADE
GSCO
Neutral
Tesla downgraded to Neutral from Buy at Goldman
Goldman analyst David Tamberrino downgraded Tesla to Neutral and lowered his price target to $185 from $240. Tamberrino sees incremental risk to Tesla's business related to management's willingness to deploy capital for M&A, and he believes that any delay in the company's new Model 3 launch will be detrimental to shares. The analyst said there is room for downward estimate revisions as volume ramps slower and spending grows. Tamberrino's 2016 earnigns estimate of (59c) is above the Street's (93c), but estimates for 2017 through 2019 are on average 48% below consensus.
10/03/16
OPCO
10/03/16
NO CHANGE
OPCO
Perform
Review process of SolarCity acquisition may be delayed, says Oppenheimer
Oppenheimer analyst Colin Rusch believes the SEC review process of Tesla's (TSLA) acquisition of SolarCity (SCTY) could be delayed due to recent activity, especially new litigation. Further, the analyst believes extension to the timeline is likely to work against the deal given the risk of ongoing "collaboration to trigger gun-jumping rules." Rusch reiterates a Perform rating on Tesla's shares.
SCTY SolarCity
$18.68

-0.83 (-4.25%)

10/06/16
10/06/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. AutoNation (AN) upgraded to Neutral from Sell at Goldman with analyst David Tamberrino saying valuation has bottomed and could be flat to slightly up in the near-term as SAAR bounces around the low-to-mid 17M range. 2. Trina Solar (TSL), Yingli Green Energy (YGE), and JA Solar (JASO) were upgraded to Buy from Sell at Axiom while the firm upgraded SolarCity (SCTY) to Hold from Sell. 3. PNC Financial (PNC) upgraded to Market Perform from Underperform at Raymond James with analyst David Long saying negative earnings revisions over the past two years have likely hit an inflection point. 4. Big 5 Sporting (BGFV) upgraded to Buy from Hold at Deutsche Bank with analyst Mike Baker citing accelerating sales trends and higher earnings power from profitability improvements. 5. Booz Allen (BAH) upgraded to Outperform from Market Perform at Raymond James with analyst Brian Gesuale saying the recent selloff creates an attractive entry point. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/16
AXIO
10/06/16
NO CHANGE
AXIO
Axiom upgrades solar sector sector to Overweight from Underweight
As previously reported, Axiom analyst Gordon L. Johnson II upgraded several stocks in the solar sector, including raising his ratings on Yingli Green Energy (YGE) to Buy from Sell, Trina Solar (TSL) to Buy from Sell, JA Solar (JASO) to Buy from Sell and SolarCity (SCTY) to Hold from Sell. The firm has also upgraded its solar sector rating to Market Overweight from Market Underweight, as they believe China's proposed Jul. 1, 2017 tariff cut will usher in about 25GW of 1H17 Chinese "pull-in" demand and that a possible election win by Hillary Clinton would serve as sentiment tailwind pushing clean energy funds to "refocus" on solar stocks.
10/06/16
AXIO
10/06/16
UPGRADE
AXIO
Hold
SolarCity upgraded to Hold from Sell at Axiom

TODAY'S FREE FLY STORIES

SONC

Sonic

$25.47

-0.02 (-0.08%)

14:52
12/06/16
12/06
14:52
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14:52
Conference/Events
Sonic management to meet with Canaccord »

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SFTBF

SoftBank

$60.07

-0.15 (-0.25%)

, S

Sprint

$8.25

0.195 (2.42%)

14:50
12/06/16
12/06
14:50
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14:50
Periodicals
Breaking Periodicals news story on SoftBank, Sprint, T-Mobile »

SoftBank's Son…

SFTBF

SoftBank

$60.07

-0.15 (-0.25%)

S

Sprint

$8.25

0.195 (2.42%)

TMUS

T-Mobile

$55.02

0.58 (1.07%)

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CRHM

CRH Medical

$5.45

-0.2 (-3.54%)

14:50
12/06/16
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14:50
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14:50
Conference/Events
CRH Medical management to meet with Canaccord »

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  • 06

    Dec

PLAY

Dave & Buster's

$48.83

1.29 (2.71%)

14:49
12/06/16
12/06
14:49
12/06/16
14:49
Options
Dave & Buster's options imply 9.1% move in share price post-earnings, above median historical move »

Pre-earnings options…

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RHHBY

Roche

$27.67

0.47 (1.73%)

14:46
12/06/16
12/06
14:46
12/06/16
14:46
Hot Stocks
Genentech says FDA approves Avastin for treatment of type of ovarian cancer »

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GOOG

Alphabet

$762.52

12.02 (1.60%)

, GOOGL

Alphabet Class A

$778.22

13.76 (1.80%)

14:46
12/06/16
12/06
14:46
12/06/16
14:46
Hot Stocks
YouTube says paid out over $1B to music industry in past year »

Alphabet's (GOOG)…

GOOG

Alphabet

$762.52

12.02 (1.60%)

GOOGL

Alphabet Class A

$778.22

13.76 (1.80%)

SNE

Sony

$28.19

0.045 (0.16%)

VIVHY

Vivendi

$18.98

0.225 (1.20%)

03/08/13
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  • 15

    Jan

S

Sprint

$8.22

0.17 (2.11%)

14:45
12/06/16
12/06
14:45
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14:45
Options
Sprint call volume above normal and directionally bullish »

Bullish option flow…

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  • 07

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PBIB

Porter Bancorp

$2.03

-0.44 (-17.81%)

14:44
12/06/16
12/06
14:44
12/06/16
14:44
Hot Stocks
Breaking Hot Stocks news story on Porter Bancorp »

Seidman reports 9.84%…

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DRI

Darden

$77.24

0.53 (0.69%)

, CAKE

Cheesecake Factory

$61.40

0.92 (1.52%)

14:37
12/06/16
12/06
14:37
12/06/16
14:37
Hot Stocks
NPD says Q3 foodservice visits fall 1%, quick service restaurant traffic drops »

Market researcher NPD…

DRI

Darden

$77.24

0.53 (0.69%)

CAKE

Cheesecake Factory

$61.40

0.92 (1.52%)

CMG

Chipotle

$368.42

-27.8522 (-7.03%)

YUM

Yum! Brands

$63.41

0.35 (0.56%)

PNRA

Panera Bread

$213.51

-0.16 (-0.07%)

JACK

Jack in the Box

$108.24

1.09 (1.02%)

MCD

McDonald's

$119.04

-0.25 (-0.21%)

DPZ

Domino's Pizza

$167.99

1.7 (1.02%)

QSR

Restaurant Brands

$48.14

0.05 (0.10%)

WEN

Wendy's

$12.85

0.23 (1.82%)

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  • 06

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  • 20

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  • 09

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VRA

Vera Bradley

$14.74

0.67 (4.76%)

14:32
12/06/16
12/06
14:32
12/06/16
14:32
Earnings
Notable companies reporting before tomorrow's open »

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  • 07

    Dec

PLAY

Dave & Buster's

$48.83

1.29 (2.71%)

, AVAV

AeroVironment

$28.58

0.58 (2.07%)

14:31
12/06/16
12/06
14:31
12/06/16
14:31
Earnings
Notable companies reporting after market close »

Notable companies…

PLAY

Dave & Buster's

$48.83

1.29 (2.71%)

AVAV

AeroVironment

$28.58

0.58 (2.07%)

03/08/13
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  • 06

    Dec

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  • 09

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    Jan

HLT

Hilton

$26.31

0.22 (0.84%)

14:25
12/06/16
12/06
14:25
12/06/16
14:25
Options
Hilton call volume above normal and directionally bullish »

Bullish option flow…

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  • 08

    Dec

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    Dec

14:25
12/06/16
12/06
14:25
12/06/16
14:25
General news
Masayoshi Son of Softbank agreed to $50 B investment in the U.S. »

Masayoshi Son of Softbank…

14:20
12/06/16
12/06
14:20
12/06/16
14:20
General news
Treasury Option Action: put buying at the long end »

Treasury Option Action:…

14:18
12/06/16
12/06
14:18
12/06/16
14:18
General news
Averages at best levels of day in afternoon trading »

Stocks have taken a leg…

IL

Intralinks

$13.22

1.95 (17.30%)

14:18
12/06/16
12/06
14:18
12/06/16
14:18
Downgrade
Intralinks rating change  »

Intralinks downgraded to…

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  • 07

    Dec

S

Sprint

$7.96

-0.09 (-1.12%)

, TMUS

T-Mobile

$55.02

0.58 (1.07%)

14:17
12/06/16
12/06
14:17
12/06/16
14:17
Hot Stocks
Breaking Hot Stocks news story on Sprint, T-Mobile, SoftBank »

Sprint, T-Mobile shares…

S

Sprint

$7.96

-0.09 (-1.12%)

TMUS

T-Mobile

$55.02

0.58 (1.07%)

SFTBF

SoftBank

$60.07

-0.15 (-0.25%)

03/08/13
Wedge Partners
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  • 07

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SFTBF

SoftBank

$60.07

-0.15 (-0.25%)

14:16
12/06/16
12/06
14:16
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14:16
Hot Stocks
Trump says SoftBank has agreed to invest $50B in U.S. »

President-elect Donald…

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$NYE

NYSE Market Internals

14:16
12/06/16
12/06
14:16
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14:16
Technical Analysis
NYSE market internals summary »

Breadth is bullish across…

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$NSD

NASDAQ Market Internals

14:16
12/06/16
12/06
14:16
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14:16
Technical Analysis
NASDAQ market internals summary »

Volume is heavier than…

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BF.B

Brown Forman, also tag with BFA, BFB

$44.91

-0.17 (-0.38%)

, BFB

Brown-Forman, also tag with BF.A, BF.B

14:14
12/06/16
12/06
14:14
12/06/16
14:14
Technical Analysis
Brown-Forman technical notes ahead of earnings news »

The shares have just…

BF.B

Brown Forman, also tag with BFA, BFB

$44.91

-0.17 (-0.38%)

BFB

Brown-Forman, also tag with BF.A, BF.B

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  • 07

    Dec

ALK

Alaska Air

$83.91

0.79 (0.95%)

, VA

Virgin America

$56.45

-0.1 (-0.18%)

14:10
12/06/16
12/06
14:10
12/06/16
14:10
Hot Stocks
Breaking Hot Stocks news story on Alaska Air, Virgin America »

Alaska Air 'remains…

ALK

Alaska Air

$83.91

0.79 (0.95%)

VA

Virgin America

$56.45

-0.1 (-0.18%)

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ALK

Alaska Air

$83.92

0.8 (0.96%)

, VA

Virgin America

$56.45

-0.1 (-0.18%)

14:09
12/06/16
12/06
14:09
12/06/16
14:09
Hot Stocks
Breaking Hot Stocks news story on Alaska Air, Virgin America »

Alaska Air sees…

ALK

Alaska Air

$83.92

0.8 (0.96%)

VA

Virgin America

$56.45

-0.1 (-0.18%)

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ALK

Alaska Air

$83.95

0.83 (1.00%)

, VA

Virgin America

$56.45

-0.1 (-0.18%)

14:07
12/06/16
12/06
14:07
12/06/16
14:07
Hot Stocks
Alaska Air says codeshare today is smaller part of revenue »

Alaska Air says codeshare…

ALK

Alaska Air

$83.95

0.83 (1.00%)

VA

Virgin America

$56.45

-0.1 (-0.18%)

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ALK

Alaska Air

$83.95

0.83 (1.00%)

, VA

Virgin America

$56.45

-0.1 (-0.18%)

14:05
12/06/16
12/06
14:05
12/06/16
14:05
Hot Stocks
Alaska Air sees financial impact of codeshare reduction $15M-$20M »

"There are 45…

ALK

Alaska Air

$83.95

0.83 (1.00%)

VA

Virgin America

$56.45

-0.1 (-0.18%)

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