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MSFT

Microsoft

$57.22

-0.2 (-0.35%)

, SAP

SAP

$87.64

1.29 (1.49%)

09:16
10/18/16
10/18
09:16
10/18/16
09:16

Microsoft announces expanded partnership with SAP

Microsoft (MSFT) announced an expanded partnership with SAP (SAP) to provide public cloud services for the SAP SuccessFactors HCM Suite. SAP will make its cloud-based human capital management solutions available on Microsoft Azure over the next five years. This is SAP's first move to supplement its own infrastructure and operate SAP SuccessFactors solutions in a third-party public cloud, recognizing the experience both companies have in supporting global enterprise clients.

MSFT

Microsoft

$57.22

-0.2 (-0.35%)

SAP

SAP

$87.64

1.29 (1.49%)

  • 20

    Oct

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    Oct

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    Nov

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    Nov

MSFT Microsoft
$57.22

-0.2 (-0.35%)

09/26/16
CANT
09/26/16
NO CHANGE
Target $42
CANT
Buy
Yelp takeout chances increased with share conversion, says Cantor
Yelp's (YELP) conversion of Class B super-voting shares into regular Class A shares late last week increases the company's takeout potential, Cantor Fitzgerald analyst Youssef Squali tells investors in a research note. Yelp, especially following recent improvements in the underlying growth fundamentals of the business, has become "an easier, and more likely" acquisition target, the analyst contends. The analyst views Facebook (FB), Priceline (PCLN), TripAdvisor (TRIP) and Microsoft (MSFT) as potential acquirers of Yelp. Squali estimates Yelp could be worth $53 per share in a takeout. He keeps a Buy rating on the stock with a $42 price target. The stock is up 2% to $40.35 in early trading.
10/06/16
OPCO
10/06/16
NO CHANGE
OPCO
Microsoft, Amazon well positioned to enable cloud, AI trends, says Oppenheimer
Oppenheimer analyst Timothy Horan notes that machine learning and artificial intelligence have been use to improve applications and acceleration of infrastructure builds, with "intelligent software" designed to make lives easier and more productive. Further, the analyst sees communications and cloud services continuing to converge, with infrastructure and data as key components to AI. Microsoft (MSFT) and Amazon (AMZN) Web Service are well positioned to enable these trends, he contends, adding that he see colocation providers, such as Equinix (EQIX) and Interxion (INXN), and networking companies like Zayo Group (ZAYO) GTT Communications (GTT) as beneficiaries.
10/12/16
WELS
10/12/16
NO CHANGE
WELS
Market Perform
Wells doesn't see Apple as biggest beneficiary from Samsung issues
Wells Fargo analyst Maynard Um attributes the recent rally in shares of Apple (AAPL), at least in part, to Samsung's (SSNLF) issues with its Note 7 phones. Apple gained an incremental $14B in market capitalization at its intraday peak, which the analyst believes embeds more than 3M of incremental iPhone 7 Plus units. Samsung's production halt will help Apple, but other Android vendors with 5.7 inch phones could see a bigger benefit if Android users prefer to stick with Android, Um tells investors in a research note. He points out that LG, Kyocera, and Microsoft (MFST) have 5.7 inch Android phones at U.S. carriers. Um thinks expectations for Apple into earnings "have risen materially." He keeps a Market Perform rating on the iPhone maker. Apple closed yesterday up 25c to $116.30.
10/13/16
NOMU
10/13/16
NO CHANGE
Target $65
NOMU
Buy
Microsoft expected to report a solid quarter, says Nomura
Nomura analyst Frederick Grieb expects Microsoft to report a solid Q1 driven by strong performance in Productivity and Business Process andIntelligent Cloud along with continued, single-digit declines in More Personal Computing results. The firm's reseller survey indicates Microsoft came in above plan for the quarter as resellers were positive on the Office 365 model transition. Grieb believes the transition to Office 365 is above plan, declines in the Windows business have likely moderated and the company should continue to outperform on operating expenses. The analyst rates Microsoft a Buy with a $65 price target.
SAP SAP
$87.64

1.29 (1.49%)

06/13/16
JEFF
06/13/16
DOWNGRADE
JEFF
Underperform
SAP downgraded to Underperform on growth pressures at Jefferies
Jefferies analyst Milan Radia downgraded SAP to Underperform saying the company's "journey from licence centricity to subscription will remain prone to shorter-term growth rate inconsistencies." The analyst sees softer mid-term maintenance revenue growth and he lowered his price target for SAP shares to EUR 63.50 from EUR 73.
06/13/16
06/13/16
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. SAP (SAP) downgraded to Underperform from Hold at Jefferies with analyst Milan Radia saying the company's "journey from licence centricity to subscription will remain prone to shorter-term growth rate inconsistencies." 2. Vodafone (VOD) downgraded to Neutral from Outperform at Macquarie with the firm saying the company faces structural challenges and either needs to pursue Mergers & Acquisitions or continually spend more on networks given competition from incumbents and challengers. 3. Waste Connections (WCN) downgraded to Hold from Buy at TD Securities with analyst Damir Gunja citing valuation and maintained a $78 price target on the stock. 4. Atwood Oceanics (ATW) downgraded to Hold from Buy at Johnson Rice with the firm saying recent liquidity catalysts are now largely reflective in shares, while out year contract coverage concerns remain and multiples currently stand at a solid premium to peer averages on our out-year forecast. 5. Baidu (BIDU) downgraded to Neutral from Buy at Citi with analyst Alicia Yap citing concerns about near-term revenue. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/24/16
COWN
06/24/16
INITIATION
Target $93
COWN
Outperform
SAP initiated with an Outperform at Cowen
Cowen analyst J Wood initiated SAP with an Outperform and price target of $93.
07/28/16
RAJA
07/28/16
NO CHANGE
Target $45
RAJA
Outperform
Acquisition of NetSuite helps Oracle boost cloud scale, says Raymond James
Raymond James analyst Michael Turits views Oracle's (ORCL) acquisition of NetSuite (N) as positive, saying it helps the former increase its cloud scale and scope at a reasonable valuation. The analyst believes that with this deal Oracle solidifies its lead in SaaS ERP relative to SAP (SAP), Workday (WDAY), and Microsoft (MSFT). Additionally, Turits points out that while he would have been positive on a more aggressive acquisition of salesforce.com (CRM) by Oracle, he believes this deal makes that "even less likely." He reiterates a $45 price target on Oracle's shares.

TODAY'S FREE FLY STORIES

BMRN

BioMarin

$82.45

0.24 (0.29%)

, ESALY

Eisai

$57.37

-0.545 (-0.94%)

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BMRN

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0.24 (0.29%)

ESALY

Eisai

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GWPH

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IART

Integra LifeSciences

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MDT

Medtronic

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MNK

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NVTA

Invitae

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Zogenix

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Zynerba

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-0.46 (-3.37%)

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General news
Productivity and Costs Unit labor costs to be reported at 08:30 »

Productivity and Costs…

ADSK

Autodesk

$71.18

0.61 (0.86%)

04:55
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Autodesk to host investor day »

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GWB

Great Western

$40.42

0.99 (2.51%)

04:55
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Great Western management to meet with JPMorgan »

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ECL

Ecolab

$118.56

1.67 (1.43%)

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Ecolab management to meet with Jefferies »

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CGNX

Cognex

$58.03

0.03 (0.05%)

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Conference/Events
Cognex management to meet with Needham »

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SMCI

Super Micro Computer

$27.60

0.6 (2.22%)

04:55
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12/06
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Super Micro Computer management to meet with Maxim »

Group dinner to be held…

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LLL

L-3 Communications

$158.46

1.23 (0.78%)

04:55
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12/06
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Conference/Events
L-3 Communications to host investor meeting with conference call hookup »

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CSV

Carriage Services

$27.79

0.29 (1.05%)

04:55
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  • 06

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04:55
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General news
Productivity and Costs Nonfarm productivity to be reported at 08:30 »

Productivity and Costs…

EKSO

Ekso Bionics

$4.67

0.4 (9.37%)

04:55
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12/06
04:55
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04:55
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TWOU

2U

$32.15

0.99 (3.18%)

04:55
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Conference/Events
2U management to meet with Needham »

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04:55
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General news
Factory Orders to be reported at 10:00 »

October Factory Orders…

RGLS

Regulus

$2.85

0.35 (14.00%)

04:55
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Conference/Events
Regulus to host research and development day »

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AGO

Assured Guaranty

$36.95

0.4 (1.09%)

04:55
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CHEF

Chefs' Warehouse

$14.10

0.9 (6.82%)

, SFS

Smart & Final Stores

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CHEF

Chefs' Warehouse

$14.10

0.9 (6.82%)

SFS

Smart & Final Stores

SAFM

Sanderson Farms

$85.90

3.94 (4.81%)

JACK

Jack in the Box

$108.24

1.09 (1.02%)

CAKE

Cheesecake Factory

$61.40

0.92 (1.52%)

KR

Kroger

$32.93

-0.37 (-1.11%)

YUM

Yum! Brands

$63.06

0.64 (1.03%)

SYY

Sysco

$53.48

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RLJ

RLJ Lodging Trust

$23.38

0.86 (3.82%)

RCL

Royal Caribbean

$81.05

1.49 (1.87%)

PENN

Penn National

$13.50

0.13 (0.97%)

MGM

MGM Resorts

$28.97

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MAR

Marriott

$81.00

1.8 (2.27%)

LVS

Las Vegas Sands

$61.12

0.13 (0.21%)

HT

Hersha Hospitality

$20.75

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EAT

Brinker

$53.43

0.15 (0.28%)

DPZ

Domino's Pizza

$166.29

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CMG

Chipotle

$396.27

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CHH

Choice Hotels

$52.75

0.85 (1.64%)

BOJA

Bojangles

$18.75

0.65 (3.59%)

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ON

ON Semiconductor

$11.23

0.11 (0.99%)

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ECOM

ChannelAdvisor

$14.30

0.25 (1.78%)

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CTRL

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JNPR

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$26.93

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SNX

SYNNEX

$121.70

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GIG

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$2.62

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QRVO

Qorvo

$52.48

1.94 (3.84%)

FLEX

Flex

$14.55

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WK

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BNFT

Benefitfocus

$28.20

1.1 (4.06%)

HAR

Harman

$109.66

0.19 (0.17%)

FIT

Fitbit

$8.03

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ULTI

Ultimate Software

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CRTO

Criteo

$39.33

0.65 (1.68%)

MSCC

Microsemi

$53.40

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VC

Visteon

$79.86

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ADI

Analog Devices

$70.60

0.49 (0.70%)

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APTS

Preferred Apartment

$13.48

0.07 (0.52%)

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Preferred Apartment management to meet with JMP Securities »

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PLNT

Planet Fitness

$20.17

0.15 (0.75%)

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Planet Fitness management to meet with JPMorgan »

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SUM

Summit Materials

$23.53

0.27 (1.16%)

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Summit Materials management to meet with Stephens »

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CSIQ

Canadian Solar

$11.79

0.72 (6.50%)

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Conference/Events
Canadian Solar management to meet with Roth Capital »

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CEVA

CEVA

$30.75

0.9 (3.02%)

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Conference/Events
CEVA management to meet with Roth Capital »

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