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QCOM

Qualcomm

$68.19

0.65 (0.96%)

, HPQ

HP Inc.

$15.58

-0.02 (-0.13%)

07:32
10/10/16
10/10
07:32
10/10/16
07:32

Qualcomm appoints Ann Livermore to board of directors

Qualcomm (QCOM) announced the appointment of Ann Livermore to its Board of Directors. With her nearly 30 years at Hewlett-Packard (HPQ), Livermore brings extensive experience in senior leadership positions, and broad knowledge and experience in the areas of technology, business management, marketing, sales, and research and development. Livermore has been a director of United Parcel Services (UPS) since November 1997, and Hewlett Packard Enterprise (HPE) since November 2015. Livermore was a director of HP from June 2011 to November 2015.

QCOM

Qualcomm

$68.19

0.65 (0.96%)

HPQ

HP Inc.

$15.58

-0.02 (-0.13%)

HPE

HP Enterprise

$22.34

-0.285 (-1.26%)

UPS

UPS

$108.80

-0.32 (-0.29%)

  • 13

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    Nov

  • 12

    Dec

QCOM Qualcomm
$68.19

0.65 (0.96%)

10/03/16
RBCM
10/03/16
NO CHANGE
Target $70
RBCM
Sector Perform
RBC says $120-130/share seems like high end of reasonable Qualcomm price for NXP
RBC analyst Amit Daryanani believes $120-$130 per share is likely the "upper end of the valuation framework" that Qualcomm (QCOM) would like to pay in any potential deal to acquire NXP Semiconductors (NXPI). While Qualcomm "can certainly elect to pay a larger premium" than that, doing so would likely come in the form of Qualcomm equity issuance, which would impede the accretion from the deal, Daryanani tells investors. The analyst keeps a Sector Perform rating on Qualcomm shares, but raised his price target on the stock to $70 from $59 citing the potential for diversification and higher cash flow generation that an NXP deal would provide.
10/03/16
UBSW
10/03/16
NO CHANGE
Target $59
UBSW
Neutral
Qualcomm acquisition of NXP Semiconductors would be positive, says UBS
UBS analyst Stephen Chin said he would view an acquisition of NXP Semiconductors (NXPI) by Qualcomm (QCOM) as positive citing such a deals likely accretion, as well as benefits like sales diversification, its patent portfolio and cash flow generation. Chin maintains his Neutral rating and $59 price target on Qualcomm shares.
09/30/16
OPCO
09/30/16
NO CHANGE
OPCO
NXP 'cheap' for Qualcomm even after rally, says Oppenheimer
Oppenheimer analyst Rick Schafer says NXP Semiconductors (NXPI) still a "cheap" takeover target for Qualcomm (QCOM) even after rallying 25% over the past two days. An acquisition would be accretive to Qualcomm's earnings "under most scenarios," the analyst tells investors in an intraday research note. He thinks Qualcomm needs to diversify away from handsets and has $31B of offshore cash, the analyst contends. Schafer keeps a Perform rating on Qualcomm.
10/06/16
MZHO
10/06/16
NO CHANGE
MZHO
Buy
Broadcom deal for Xilinx would 'open up' if Qualcomm buys NXP, says Mizuho
Mizuho analyst Vijay Rakesh believes that if Qualcomm (QCOM) acquires NXP Semiconductors (NXPI), as several recent media reports indicate the companies are moving toward, that it "opens up" a deal for Xilinx (XLNX) as an opportunity for Broadcom (AVGO). Rakesh has a Buy rating on Broadcom.
HPQ HP Inc.
$15.58

-0.02 (-0.13%)

08/25/16
MAXM
08/25/16
DOWNGRADE
Target $15
MAXM
Hold
HP Inc. downgraded to Hold on pressured printing margins at Maxim
As previously reported, Maxim analyst Nehal Chokshi downgraded HP Inc. to Hold from Buy and lowered his price target to $15 from $17, saying that his analysis points to sustained printing supplies pricing pressure despite the refresh of its printer hardware. Chokshi added that he expects the company to lower its FY17 earnings guidance at its Securities Analyst Meeting in October.
08/25/16
EVER
08/25/16
NO CHANGE
EVER
Micron has positive read through from HP statements, says Evercore ISI
After Hewlett-Packard (HPQ) said, "We are seeing on the horizon some shortages, particularly around LCDs, DRAM, and flash memory.," Evercore ISI analyst C.J. Muse says that the statement is positive for Micron. The analyst keeps a $16 price target and Buy rating on Micron.
08/25/16
MAXM
08/25/16
DOWNGRADE
MAXM
Hold
HP Inc. downgraded to Hold from Buy at Maxim
08/25/16
JEFF
08/25/16
NO CHANGE
Target $16.75
JEFF
Buy
HP gaining high-end PC share, positioning for future ink sales, says Jefferies
Jefferies analyst James Kisner noted that HP Inc. is gaining share in PCs at the high-end of the market and taking advantage of the weak Yen to place high value Printing units to drive future ink sales, both of which are trends that he likes. Kisner thinks HP shares will rise as the company delivers on its free cash flow targets and investors gain confidence in the improved trajectory of PCs and Supplies. The analyst increased his price target on HP to $16.75 from $16.00 and keeps a Buy rating on the name.
HPE HP Enterprise
$22.34

-0.285 (-1.26%)

09/08/16
09/08/16
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. Apple (AAPL) downgraded to Market Perform from Outperform at Wells Fargo with analyst Maynard Um saying he views the risk/reward as balanced with the stock up 12% since Apple's earnings report on July 26. 2. Nike (NKE) downgraded to Neutral from Overweight at Piper Jaffray with analyst Erinn Murphy saying the resurgence of adidas (ADDYY) has taken a toll on Nike's growth rate in Germany, United Kingdom and France. 3. lululemon (LULU) downgraded to Hold from Buy at Jefferies with analyst Randal Konik saying the company's opportunity to grow its topline and expand operating margins are now largely factored into the stock. 4. Pier 1 Imports (PIR) downgraded to Underperform from Neutral at Credit Suisse, to Perform from Outperform at Oppenheimer, and to Market Perform from Strong Buy at Raymond James. 5. HP Enterprise (HPE) downgraded to Market Perform from Outperform at Wells Fargo with analyst Maynard Um citing a lack of near-term catalysts following the company's third quarter results. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/19/16
UBSW
09/19/16
NO CHANGE
Target $25
UBSW
Buy
HP Enterprise shares remain inexpensive, says UBS
UBS analyst Steven Milunovich noted investors concerns about HP Enterprise competition and believes the company's divestiture of services and software leaves it primarily as a hardware supplier with servers. storage, and networking. The analyst said the company believes they can innovate in hardware and provide complete solutions through its extensive partnerships, but he is giving the edge to their competitors. That said, he still believes the shares are undervalued. Milunovich reiterated his Buy rating and $24.50 price target on HP Enterprise shares.
09/19/16
BERN
09/19/16
NO CHANGE
BERN
HP Enterprise could be acquired after spin off, says Bernstein
After HP Enterprise said that it would do a tax free spin-merge of its software unit, Bernstein analyst A.M. Sacconaghi, Jr says that the remaining company could be acquired, given its relatively small valuation and the fact that its CEO is 60, has been at the company six years and has political ambitions. The analyst says that all of the potential strategic buyers of the remaining company "appear to have stumbling blocks." He thinks that an acquisition by private equity "might be more likely," and he views such a transaction as "doable." He keeps a $24.50 price target and Outperform rating on the shares.
09/08/16
OPCO
09/08/16
NO CHANGE
Target $25
OPCO
Outperform
HP Enterprise spinoff unlocks 'further value,' says Oppenheimer
Oppenheimer analyst Ittai Kidron says HP Enterprise reported another quarter of "solid execution," despite the soft revenue due to macro and end-market demand. Additionally, the company announced the spinoff of its Software segment, which the analyst views positively as it unlocks further value, eliminates a growth headwind, and allows the company to focus on hardware solutions. Kidron remains positive on HP Enterprise long term, but notes that a second large transaction further clouds the fundamental view of the company post spinoffs, possibly limiting near-term upside. He reiterates an Outperform rating and $25 price target on the shares.
UPS UPS
$108.80

-0.32 (-0.29%)

03/15/16
RBCM
03/15/16
NO CHANGE
RBCM
Amazon not yet capable of supplanting UPS, FedEx, says RBC Capital
Noting that Amazon (AMZN) has recently begun to procure and manage freight transportation internally, causing investors to become concerned that the company is looking to supplant UPS (UPS) and FedEx (FDX), RBC Capital says it does not think the e-commerce giant is currently capable of building a "full-scale pickup and delivery business." However, the firm does believe that Amazon is looking to "create a limited pickup and delivery operation" that will incentivize UPS and FedEx to keep their prices low and service levels high. RBC also thinks that Amazon is looking to reduce its costs by building a global supply chain. RBC believes that FedEx and UPS could be threatened by Amazon's move over the longer term ,but it says that the shipping companies will have time to react to Amazon's initiatives before they present a major threat.
04/11/16
UBSW
04/11/16
NO CHANGE
Target $186
UBSW
Buy
FedEx valuation gap to UPS still too wide, says UBS
UBS analyst Thomas Wadewitz noted that the valuation gap between shares of FedEx (FDX) and UPS (UPS) on a price-to-earnings basis is still well above the historical average even after the run-up in FedEx shares since the company's Q3 report. The analyst, who expects margin improvement at Express, volume growth at Ground, and accretion from the TNT (TNTEY) deal to support EPS growth, keeps a Buy rating and $186 price target on FedEx shares.
05/26/16
BERN
05/26/16
NO CHANGE
BERN
UPS, FedEx to continue to see growing e-commerce demand, says Bernstein
Bernstein believes that Amazon and other retailers will continue to rely less on UPS (UPS) and FedEx (FDX) going forward. However, the firm still estimates that the volume of e-commerce deliveries by the two companies will nevertheless rise 7%-10% annually. The firm expects the total domestic market for the national carries to rise by 3%-5% in future years. It keeps an Outperform rating on UPS and a Market Perform rating on FedEx.
08/01/16
OPCO
08/01/16
NO CHANGE
Target $116
OPCO
Outperform
UPS price target raised to $116 from $112 at Oppenheimer
Oppenheimer analyst Scott Schneeberger raised his price target for UPS to $116 from $112 following a "solid" Q2 and maintained outlook. The analyst believes that the UPS story remains on track and reiterates an Outperform rating on the shares.

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ICPT

Intercept

$98.12

1.92 (2.00%)

15:41
09/21/17
09/21
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FB

Facebook

$172.17

-0.35 (-0.20%)

15:39
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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:38
09/21/17
09/21
15:38
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Hot Stocks
Sanderson Farms up regular dividend to 32c, declares special dividend of $1.00 »

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:36
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Breaking Hot Stocks news story on Sanderson Farms »

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:36
09/21/17
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15:36
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15:36
Hot Stocks
Breaking Hot Stocks news story on Sanderson Farms »

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MIK

Michaels

$21.42

-0.03 (-0.14%)

15:30
09/21/17
09/21
15:30
09/21/17
15:30
Options
Bullish flow continues for a third day in Michaels Companies »

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$NSD

NASDAQ Market Internals

15:17
09/21/17
09/21
15:17
09/21/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

15:16
09/21/17
09/21
15:16
09/21/17
15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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15:15
09/21/17
09/21
15:15
09/21/17
15:15
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

15:10
09/21/17
09/21
15:10
09/21/17
15:10
General news
Fedspeak is heavy next week, with 12 Committee members scheduled »

Fedspeak is heavy next…

CSX

CSX

$52.81

1.03 (1.99%)

15:05
09/21/17
09/21
15:05
09/21/17
15:05
Hot Stocks
CSX says service 'rapidly' restored following Hurricane Irma »

CSX said that following…

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GE

General Electric

$24.65

0.33 (1.36%)

15:05
09/21/17
09/21
15:05
09/21/17
15:05
Options
General Electric call volume above normal and directionally bullish »

Bullish option flow…

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  • 02

    Oct

ICPT

Intercept

$98.12

1.92 (2.00%)

15:00
09/21/17
09/21
15:00
09/21/17
15:00
Downgrade
Intercept rating change  »

Intercept downgraded to…

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SNAP

Snap

$13.70

-0.46 (-3.25%)

14:57
09/21/17
09/21
14:57
09/21/17
14:57
Periodicals
Snap cuts headcount at hardware lab, maker of spectacles, Bloomberg says »

According to the report,…

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YELP

Yelp

$43.73

-0.44 (-1.00%)

14:55
09/21/17
09/21
14:55
09/21/17
14:55
Options
Yelp put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 03

    Oct

14:55
09/21/17
09/21
14:55
09/21/17
14:55
General news
Canada CPI preview »

Canada CPI preview: CPI,…

14:50
09/21/17
09/21
14:50
09/21/17
14:50
General news
Canada retail sales preview »

Canada retail sales…

ICPT

Intercept

$98.12

1.92 (2.00%)

14:49
09/21/17
09/21
14:49
09/21/17
14:49
Recommendations
Intercept analyst commentary  »

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14:45
09/21/17
09/21
14:45
09/21/17
14:45
Conference/Events
Cowen retail analyst hold an analyst/industry conference call »

Retailing/Specialty…

PSTG

Pure Storage

$15.32

0.49 (3.30%)

14:45
09/21/17
09/21
14:45
09/21/17
14:45
Options
Pure Storage call volume above normal and directionally bullish »

Bullish option flow…

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NLSN

Nielsen

$40.48

0.06 (0.15%)

, CBS

CBS

$58.90

-0.155 (-0.26%)

14:44
09/21/17
09/21
14:44
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14:44
Hot Stocks
CBS to use Nielsen Out-of-Home Reporting Service »

Nielsen (NLSN) announced…

NLSN

Nielsen

$40.48

0.06 (0.15%)

CBS

CBS

$58.90

-0.155 (-0.26%)

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  • 27

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ALNY

Alnylam

14:41
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Alnylam CEO 'confident' patisiran is best-in-class treatment »

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ESRX

Express Scripts

$61.82

0.82 (1.34%)

, NVS

Novartis

$85.01

-0.77 (-0.90%)

14:41
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Hot Stocks
Express Scripts CMO discusses 'great promise, big price' of gene therapy »

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ESRX

Express Scripts

$61.82

0.82 (1.34%)

NVS

Novartis

$85.01

-0.77 (-0.90%)

03/08/13
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  • 21

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  • 22

    Sep

  • 25

    Oct

  • 08

    Nov

  • 17

    May

ALNY

Alnylam

$113.84

38.8 (51.71%)

14:40
09/21/17
09/21
14:40
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14:40
Hot Stocks
Alnylam CEO says more confident in other trials after patisiran data »

Alnylam Pharmaceuticals…

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MTX

Minerals Technologies

$69.50

1.1 (1.61%)

14:33
09/21/17
09/21
14:33
09/21/17
14:33
Hot Stocks
Minerals Technologies authorizes $150M, two-year share repurchase program »

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