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RHT

Red Hat

$77.50

1.31 (1.72%)

, ERIC

Ericsson

$5.47

0.04 (0.74%)

08:03
10/19/16
10/19
08:03
10/19/16
08:03

Red Hat, Ericsson announce alliance to enable adoption of open source solutions

Red Hat, Inc. (RHT) and Ericsson (ERIC) announce a broad alliance to deliver fully open source and production-ready cloud infrastructure, spanning OpenStack, software-defined networking and software-defined infrastructure. Ericsson and Red Hat are working together to enable customers to embrace the opportunity presented by the Internet of Things, 5G, and other next-generation communications solutions with modern and agile solutions.

RHT

Red Hat

$77.50

1.31 (1.72%)

ERIC

Ericsson

$5.47

0.04 (0.74%)

  • 14

    Nov

  • 15

    Jan

RHT Red Hat
$77.50

1.31 (1.72%)

09/13/16
UBSW
09/13/16
NO CHANGE
Target $85
UBSW
Buy
Red Hat cloud concerns look overblown, says UBS
UBS analyst Brent Thill noted Red Hat shares have been weak on concerns around the impact from the public cloud on its core business and a mixed Q1 report. The analyst believes the share have been overly punished and notes that top-line metrics remain strong. Thill reiterated his Buy rating and $85 price target on Red Hat shares, also citing expectations for revenue acceleration and management's commitment to driving top-line growth via a balanced approach.
09/20/16
JPMS
09/20/16
NO CHANGE
Target $91
JPMS
Overweight
JPMorgan likes Red Hat risk/reward after partner survey
After surveying 28 of the company's partners, JPMorgan analyst Mark Murphy says Red Hat's risk/reward is favorable. The survey results showed improvement from last quarter in partner performance, Murphy tells investors in a research note. The analyst believes investors are pricing in a single digit growth rate for Red Hat while his work suggests that a mid-teens long-term sustainable growth rate is more likely. He keeps an Overweight rating on the shares with a $91 price target.
09/22/16
OPCO
09/22/16
NO CHANGE
Target $88
OPCO
Outperform
Oppenheimer 'incrementally positive' on Red Hat after quarterly results
Oppenheimer analyst Ittai Kidron is "incrementally positive" on Red Hat after the company reported "solid" quarterly results, with better than expected RHEL growth and solid ongoing expansion at existing customers. The analyst expects margins to remain under pressure in the near-term, but sees upside possible in 2018 as investments in new solutions moderate. Kidron reiterates an Outperform rating and $88 price target on the shares.
09/22/16
DRXL
09/22/16
NO CHANGE
Target $110
DRXL
Buy
Red Hat shares should catch up following strong results, says Drexel Hamilton
Drexel Hamilton analyst Brian White sad Red Hat delivered strong Q2 results and better than expected guidance, which should quiet critics. White believes shares have an opportunity to play catch up given the strong report and raised his price target to $110 from $105 and reiterated his Buy rating on shares.
ERIC Ericsson
$5.47

0.04 (0.74%)

07/21/16
07/21/16
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. Navient (NAVI) downgraded to Neutral from Buy at Goldman with analyst Eric Beardsley saying the risk/reward is more balanced at current share levels. 2. Ericsson (ERIC) downgraded to Neutral from Buy at UBS with the firm citing a lack of revenue stabilization in the second quarter and little management commentary stating it would change. 3. Graco (GGG) downgraded to Market Perform from Outperform at William Blair with analyst Nicholas Heymann citing the company's transition after it cut its fiscal 2016 organic growth view. 4. ASML (ASML) downgraded to Neutral from Buy at UBS with analyst Gareth Jenkins stating he thinks ASML shares are now discounting some of the recent positive developments on EUV lithography following a 28% rally since January. 5. Boardwalk Pipeline (BWP) downgraded to Neutral from Buy at Ladenburg. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/26/16
FBCO
09/26/16
UPGRADE
Target $6.4
FBCO
Neutral
Ericsson upgraded to Neutral from Underperform at Credit Suisse
Credit Suisse analyst Achal Sultania upgraded Ericsson to Neutral saying the worst is behind the company with capex declines moderating. The analyst has a $6.40 price target for the shares.
09/26/16
09/26/16
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. AT&T (T) upgraded to Hold from Reduce at HSBC. 2. Potash (POT) upgraded to Positive from Neutral at Susquehanna with analyst Don Carson citing expected benefits from the company's proposed merger with Agrium (AGU), which he sees as having relatively low antitrust risk compared to the other mega-mergers being pursued in the Ag space. 3. Oshkosh (OSK) upgraded to Overweight from Neutral at JPMorgan and to Neutral from Underperform at Credit Suisse. 4. Marriott (MAR) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Thomas Allen citing strong unit growth. 5. NetApp (NTAP) upgraded to Buy from Hold at Cross 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.
10/13/16
NTXS
10/13/16
DOWNGRADE
NTXS
Neutral
Ericsson downgraded to Neutral from Buy at Natixis

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AJRD

Aerojet Rocketdyne

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0.55 (1.73%)

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AMAT

Applied Materials

$47.15

-0.13 (-0.27%)

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Conference/Events
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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

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Phillips 66

$89.14

0.07 (0.08%)

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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

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Phillips 66

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0.07 (0.08%)

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VSAR

Versartis

$21.60

-0.25 (-1.14%)

07:48
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EXEL

Exelixis

07:48
09/22/17
09/22
07:48
09/22/17
07:48
Downgrade
Exelixis rating change  »

Exelixis downgraded to…

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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

07:48
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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

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Phillips 66

$89.14

0.07 (0.08%)

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$48.52

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PSX

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X

U.S. Steel

$24.66

-1.13 (-4.38%)

07:47
09/22/17
09/22
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07:47
Technical Analysis
Technical View: U.S. Steel falls in early trading, analyst action »

Shares were last down…

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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

, PSX

Phillips 66

$89.14

0.07 (0.08%)

07:47
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Hot Stocks
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$48.52

0.37 (0.77%)

PSX

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$89.14

0.07 (0.08%)

03/08/13
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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

, PSX

Phillips 66

$89.14

0.07 (0.08%)

07:47
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Hot Stocks
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PSXP

Phillips 66 Partners

$48.52

0.37 (0.77%)

PSX

Phillips 66

$89.14

0.07 (0.08%)

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ZBH

Zimmer Biomet

$113.06

-2.92 (-2.52%)

07:45
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09/22
07:45
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07:45
Recommendations
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07:45
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General news
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BABA

Alibaba

$177.39

-0.56 (-0.31%)

, TCEHY

Tencent

$44.15

-0.15 (-0.34%)

07:44
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Periodicals
Alibaba, Tencent look towards emerging markets in mobile-payments race, WSJ says »

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BABA

Alibaba

$177.39

-0.56 (-0.31%)

TCEHY

Tencent

$44.15

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AAPL

Apple

$153.39

-2.68 (-1.72%)

GOOG

Alphabet

$932.45

0.87 (0.09%)

GOOGL

Alphabet Class A

$947.55

0.01 (0.00%)

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  • 03

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SPR

Spirit AeroSystems

$78.90

0.76 (0.97%)

07:44
09/22/17
09/22
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07:44
Conference/Events
Spirit AeroSystems to host investor meeting »

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  • 27

    Sep

AERI

Aerie Pharmaceuticals

$51.45

-1.95 (-3.65%)

07:44
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07:44
Recommendations
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  • 25

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CSCO

Cisco

$32.70

0.1 (0.31%)

07:44
09/22/17
09/22
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07:44
Conference/Events
Cisco management to meet with Deutsche Bank »

Meeting to be held in…

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  • 22

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    Dec

EFX

Equifax

$98.25

2.25 (2.34%)

07:41
09/22/17
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07:41
Technical Analysis
Technical View: Equifax trades higher, analyst action »

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  • 22

    Oct

AA

Alcoa

$46.25

-1.25 (-2.63%)

07:41
09/22/17
09/22
07:41
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07:41
Downgrade
Alcoa rating change  »

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KMX

CarMax

$68.84

0.17 (0.25%)

07:40
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  • 22

    Sep

SYK

Stryker

$140.67

-2.04 (-1.43%)

, ZBH

Zimmer Biomet

$113.06

-2.92 (-2.52%)

07:40
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  • 26

    Oct

SAVE

Spirit Airlines

$34.01

1.31 (4.01%)

07:39
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Conference/Events
Spirit Airlines to host investor meeting »

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  • 27

    Sep

IBM

IBM

$145.26

-0.62 (-0.43%)

, WBA

Walgreens Boots Alliance

$78.20

-0.64 (-0.81%)

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WBA

Walgreens Boots Alliance

$78.20

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  • 22

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    Nov

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