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INTU

Intuit

$106.88

-0.11 (-0.10%)

, AAPL

Apple

$117.55

-0.08 (-0.07%)

17:39
10/17/16
10/17
17:39
10/17/16
17:39

Intuit offers Apply Pay on the Invoice to help small businesses

Intuit (INTU) announced that QuickBooks Online will be one of the first small business platforms enabling merchants to get paid quickly and easily on outstanding invoices via newly launched Apple Pay (AAPL) on the web. "A recent Intuit survey found that almost 70 percent of small business owners felt that giving their customers more ways to pay will help them get paid faster, boosting their cash-flow and enabling long-term success," said Vinay Pai, vice president and head of Intuit Developer Group. "In addition to being a first mover with Apple Pay, the QuickBooks platform gives small businesses the ability to integrate the tools they use to run their business, providing a simple, integrated view of their business performance and cash flow." Intuit will be adding Apple Pay to the suite of payments offerings that already integrate with QuickBooks Online to address a persistent small business problem. On average, it takes small businesses who do not use an online payment offering 28 days to get paid, and 64% of small businesses have invoices that go unpaid 60 days or more. However, small business owners who accept payments with QuickBooks Online get paid on average 15 days sooner, almost twice as fast as those who don't use on an online payment offering.

INTU

Intuit

$106.88

-0.11 (-0.10%)

AAPL

Apple

$117.55

-0.08 (-0.07%)

  • 23

    Oct

  • 25

    Oct

INTU Intuit
$106.88

-0.11 (-0.10%)

08/24/16
JPMS
08/24/16
NO CHANGE
Target $114
JPMS
Neutral
Number of FY16 positives for Intuit unlikely to be repeated, says JPMorgan
JPMorgan analyst Sterling Auty said Intuit capped an "excellent year" with a Q4 report that beat expectations on both the top and bottom-line, but cautioned that a number of the factors that helped the company this year are unlikely to repeat in FY17. The analyst raised his price target on Intuit to $114 from $104 in a post-earnings research note, but maintains a Neutral rating on the shares, saying that its FY17 margin outlook, which fell short of what people were expecting, will weigh on the stock.
08/24/16
BMUR
08/24/16
NO CHANGE
Target $135
BMUR
Buy
Steady positive trends continue at Intuit, says Brean Capital
Brean Capital analyst Yun Kim noted Intuit reported solid Q4 results driven by steady trends in its Small Business Group. The firm cited improved subscriber growth, continued gains in margins, and expectations for trends to continue. Kim reiterated his Buy rating and raised his price target to $135 from $130 on Intuit shares.
09/13/16
MSCO
09/13/16
DOWNGRADE
Target $105
MSCO
Underweight
Intuit downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Keith Weiss downgraded Intuit to Underweight with a $105 price target citing full valuation. The analyst believes FY17 guidance is achievable, but does not see much margin expansion beyond FY18.
09/13/16
09/13/16
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. Netflix (NFLX) downgraded to Underperform from Neutral at Macquarie with analyst Tim Nollen saying market penetration could be limited given new streaming video on demand competitors and local operator's streaming efforts. 2. Intuit (INTU) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Keith Weiss citing full valuation. 3. Applied Genetic (AGTC) downgraded to Market Perform from Outperform at Wells Fargo, to Sell from Buy at Janney Capital, to Hold from Buy at Cantor, and to Neutral from Buy at Roth Capital. 4. Signet Jewelers (SIG) downgraded to Market Perform from Outperform at Cowen with analyst Oliver Chen saying he believes shares will be range bound despite the stock's cheap valuation. 5. Red Robin (RRGB) downgraded to Underperform from Buy at BofA/Merrill with the firm citing the difficult casual dining environment, lack of near-term catalysts, and risk to third quarter earnings. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
AAPL Apple
$117.55

-0.08 (-0.07%)

10/14/16
MSCO
10/14/16
NO CHANGE
Target $124
MSCO
Overweight
Apple estimates raised at Morgan Stanley on confidence in next 'supercycle'
Morgan Stanley analyst Katy Huberty raised her estimates for Apple for the second half of this calendar year on better than expected iPhone7 demand, but added that she believes higher near-term iPhone estimates are largely priced into shares. The real catalyst for the stock, however, is the FY18 "supercycle," in which Huberty is increasingly confident, she tells investors. Noting that the iPhone installed base is 60% larger, but that unit estimates are just 6% higher compared to iPhone 6, the analyst said she sees the potential for "meaningful" FY18 estimate revisions. Huberty keeps an Overweight rating on Apple and raised her price target on the shares to $124 from $123.
10/14/16
WELS
10/14/16
NO CHANGE
WELS
Intel results likely to be boosted by positive catalysts, says Wells Fargo
Wells Fargo thinks that Intel's (INTC) September quarter report and December quarter guidance will be boosted by several positive catalysts, including signs of improving PC demand, solid revenue momentum at its Data Center Group, and ramping sales of modems for Apple's (AAPL) iPhone 7. The firm keeps a $40-$50 price target on Intel and continues to identify it as a top pick.
10/17/16
GSCO
10/17/16
NO CHANGE
GSCO
Buy
Goldman suggests Apple 'go big' in content with launch of Prime-like service
Goldman Sachs analysts Simona Jankowski and Drew Borst made the case in a new note to investors that Apple (AAPL) should launch a subscription bundle, in the model of Amazon's (AMZN) "Prime" service, in order to reignite growth and avoid commoditization as smartphone sales plateau. Apple has the power to "turn the razor/blade model upside down," argue the analysts, who note that the iPhone giant can afford to be very aggressive in content, by paying premiums for must-have material or pricing services below competitors. An "Apple Prime" subscription bundle priced at $50 month - which would include the iPhone, Apple Music, Apple TV, Apple original content, and potentially live sports - implies EPS generated by "Prime" customers would be over 10% accretive by 2021, the analysts contend. Goldman keeps a Buy rating on Apple shares.
10/17/16
RBCM
10/17/16
NO CHANGE
RBCM
Most of Note impact on Broadcom could be offset, says RBC Capital
RBC Capital analyst Amit Daryanani says that most of the impact on Broadcom (AVGO) of the Samsung Note 7 recall will be offset if consumers returning the Note buy Apple's (AAPL) iPhone 7 devices. The analyst says that Broadcom has $1-$2 more content per device in the iPhones than in the Note, so he thinks that the recall could actually provide "a tailwind for Broadcom." The analyst keeps a $190 price target and Top Pick rating on the stock.

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DAL

Delta Air Lines

$52.94

0.02 (0.04%)

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PDCE

PDC Energy

$44.72

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FOXA

21st Century Fox

$27.19

0.22 (0.82%)

13:20
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Options
Call buyer opens a notable new position in 20th Century Fox »

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FB

Facebook

$155.07

1.67 (1.09%)

, MSFT

Microsoft

$71.21

0.95 (1.35%)

13:19
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Facebook, Twitter, Microsoft, YouTube form global forum to counter terrorism »

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FB

Facebook

$155.07

1.67 (1.09%)

MSFT

Microsoft

$71.21

0.95 (1.35%)

TWTR

Twitter

$18.35

-0.155 (-0.84%)

GOOG

Alphabet

$965.59

8.5 (0.89%)

GOOGL

Alphabet Class A

$986.09

9.47 (0.97%)

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$NSD

NASDAQ Market Internals

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Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

13:16
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Technical Analysis
NYSE market internals summary »

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XLK

Technology Select Sector SPDR

$56.22

-0.08 (-0.14%)

, SPY

SPDR S&P 500 ETF Trust

$243.72

0.59 (0.24%)

13:15
06/26/17
06/26
13:15
06/26/17
13:15
Technical Analysis
Technical View: S&P 500 chart view at mid-session »

The small bearish price…

XLK

Technology Select Sector SPDR

$56.22

-0.08 (-0.14%)

SPY

SPDR S&P 500 ETF Trust

$243.72

0.59 (0.24%)

SPX

S&P 500

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GG

Goldcorp

$13.68

-0.12 (-0.87%)

13:15
06/26/17
06/26
13:15
06/26/17
13:15
Options
Goldcorp put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 27

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KR

Kroger

$22.58

-0.02 (-0.09%)

13:15
06/26/17
06/26
13:15
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13:15
Hot Stocks
Kroger executive VP Schlotman acquires 2,000 common shares »

In a regulatory filing,…

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13:15
06/26/17
06/26
13:15
06/26/17
13:15
General news
Treasury's $26 B 2-year sale was well received, as expected »

Treasury's $26 B…

DB

Deutsche Bank

$16.89

0.25 (1.50%)

13:12
06/26/17
06/26
13:12
06/26/17
13:12
Periodicals
Deutsche Bank's chief U.S. economist LaVorgna steps down, Bloomberg reports »

Joe LaVorgna, a chief…

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  • 26

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WDC

Western Digital

$93.34

3.09 (3.42%)

, TOSYY

Toshiba, also use TOSBF

$15.98

-1.415 (-8.14%)

13:11
06/26/17
06/26
13:11
06/26/17
13:11
Periodicals
Toshiba near sale of memory chip unit to consortium, Nikkei reports »

Toshiba (TOSYY) could…

WDC

Western Digital

$93.34

3.09 (3.42%)

TOSYY

Toshiba, also use TOSBF

$15.98

-1.415 (-8.14%)

TOSBF

Toshiba, also use TOSYY

$2.66

-0.22 (-7.64%)

03/08/13
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AAPL

Apple

$146.28

0.65 (0.45%)

13:09
06/26/17
06/26
13:09
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13:09
Hot Stocks
Apple CEO: 'Inspired' by Indian PM Modi's vision »

Following a meeting with…

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  • 26

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ZIXI

ZixCorp

$5.77

-0.06 (-1.03%)

13:05
06/26/17
06/26
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13:05
Hot Stocks
Breaking Hot Stocks news story on ZixCorp »

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RETA

Reata Pharmaceuticals

$28.97

-0.29 (-0.99%)

12:58
06/26/17
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Hot Stocks
Breaking Hot Stocks news story on Reata Pharmaceuticals »

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HSTM

HealthStream

$30.89

0.72 (2.39%)

12:57
06/26/17
06/26
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Recommendations
HealthStream analyst commentary  »

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General news
Treasury 2-year auction preview: the sale should see decent results »

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General news
Breaking General news story  »

San Francisco Federal…

AMZN

Amazon.com

$1,003.74

2.44 (0.24%)

12:46
06/26/17
06/26
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Hot Stocks
Amazon CEO: Excited to keep investing in India »

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GOOG

Alphabet

$965.59

8.5 (0.89%)

, GOOGL

Alphabet Class A

$986.09

9.47 (0.97%)

12:43
06/26/17
06/26
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12:43
Periodicals
EU to likely hit Google with record fine in antitrust case, Reuters says »

EU antitrust authorities…

GOOG

Alphabet

$965.59

8.5 (0.89%)

GOOGL

Alphabet Class A

$986.09

9.47 (0.97%)

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NURO

NeuroMetrix

$2.95

0.06 (2.08%)

12:39
06/26/17
06/26
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Hot Stocks
NeuroMetrix names Xuan Kong as Chief Data Scientist »

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SNAP

Snap

$17.41

-0.13 (-0.74%)

12:38
06/26/17
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Snap taps Internet Association's Woodworth for public policy team, Recode says »

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  • 28

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DEO

Diageo

$120.05

0.7915 (0.66%)

12:36
06/26/17
06/26
12:36
06/26/17
12:36
Upgrade
Diageo rating change  »

Diageo upgraded to Buy…

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TOSBF

Toshiba, also use TOSYY

$2.66

-0.22 (-7.64%)

, TOSYY

Toshiba, also use TOSBF

$15.98

-1.415 (-8.14%)

12:36
06/26/17
06/26
12:36
06/26/17
12:36
Periodicals
Two bidders remain in Toshiba's Landis+Gyr auction, Reuters reports »

The group of prospective…

TOSBF

Toshiba, also use TOSYY

$2.66

-0.22 (-7.64%)

TOSYY

Toshiba, also use TOSBF

$15.98

-1.415 (-8.14%)

GS

Goldman Sachs

$219.98

2.79 (1.28%)

ONEXF

Onex

$77.08

1.32 (1.74%)

HTHIY

Hitachi

$60.70

0.32 (0.53%)

HON

Honeywell

$134.27

0.28 (0.21%)

03/08/13
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