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P

Pandora

$12.58

0.08 (0.64%)

10:13
10/19/16
10/19
10:13
10/19/16
10:13

Pandora rallies 4%, or 45c, to $12.95

  • 25

    Oct

  • 25

    Oct

P Pandora
$12.58

0.08 (0.64%)

10/04/16
10/04/16
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. CBS (CBS) upgraded to Buy from Sell at UBS with analyst Doug Mitchelson saying he sees any deal with Viacom (VIA) as priced into CBS shares already. He also has increased confidence in consensus estimates for CBS and sees further upside if the national TV ad market and CBS' ratings remain strong. 2. Pandora (P) upgraded to Conviction Buy from Buy at Goldman with analyst Heath Terry saying he sees significant upside to out-year estimates from premium radio and on-demand subscriptions. He expects competition to ease as new entrants slow and existing providers focus on profitability and limit "free" models. 3. Las Vegas Sands (LVS) upgraded to Buy from Neutral at BofA/Merrill with analyst Shaun Kelley saying shares remain fairly under-owned and thinks estimate revisions will move higher due to market momentum, better ROI for Parisian, Cotai infrastructure additions, and optionality from Japan and real estate. 4. KBR (KBR) upgraded to Buy from Hold at Deutsche Bank with analyst Chad Dillard saying yesterday's 10% post-guidance cut selloff is overdone and backward-looking. 5. West Marine (WMAR) upgraded to Buy from Neutral at B. Riley. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/14/16
JPMS
10/14/16
NO CHANGE
Target $134
JPMS
Overweight
JPMorgan tweaks Alibaba, Netflix targets lower ahead of Q3 results
JPMorgan analyst Doug Anmuth lowered his price target for Alibaba (BABA) to $134 from $135 and his target for Netflix (NFLX) to $122 from $125 ahead of the Q3 reporting season. Both stocks remain Overweight rated. The analyst slightly lowered his estimates for Alibaba to reflect tougher inventory comps and increased investment spending. He remains positive on the company's overall monetization trends. On Netflix, Anmuth tweaked his 2017 average selling price forecast lower while increasing his investment spend estimate modestly. Within the Internet space, the analyst's top large-cap picks into the quarter are Alphabet (GOOGL), Facebook (FB) and Amazon.com (AMZN). Among small-caps, his top picks into earnings are Yelp (YELP), Pandora (P) and Match Group (MTCH).
10/17/16
BOFA
10/17/16
DOWNGRADE
Target $9
BOFA
Underperform
Pandora downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst Nat Schindler downgraded Pandora to Underperform and lowered its price target to $9 from $14. The analyst believes Pandora's $4B revenue 2020 revenue goal will be difficult to achieve as the on-demand subscription streaming market has become increasingly competitive and the user base is fully penetrated. Schindler believes acquisition speculation has supported Pandora's valuation rather than fundamentals and lowered estimates to reflect reduced On-Demand services value given lower gross margin assumptions.
10/17/16
10/17/16
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. JPMorgan (JPM) downgraded to Neutral from Buy at Buckingham and to Market Perform from Outperform at BMO Capital. 2. Wells Fargo (WFC) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Brian Kleinhanzl saying the valuation "cannot overcome" all the uncertainty. 3. Lowe's (LOW) downgraded to Buy from Conviction Buy at Goldman with analyst Matthew Fassler saying the home improvement retail sector is closely tied to housing turnover and home improvement sales are also approaching normalized levels. 4. Pandora (P) downgraded to Underperform from Neutral at BofA/Merrill with analyst Nat Schindler saying he believes Pandora's $4B revenue 2020 revenue goal will be difficult to achieve as the on-demand subscription streaming market has become increasingly competitive and the user base is fully penetrated. 5. Time Warner (TWX) downgraded to Neutral from Outperform at Wedbush with analyst James Dix citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

PEI

Pennsylvania REIT

$14.59

-0.01 (-0.07%)

16:33
04/25/17
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16:33
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16:33
Earnings
Pennsylvania REIT reports Q1 EPS (10c), consensus (8c) »

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CLGX

CoreLogic

$41.96

-0.14 (-0.33%)

16:32
04/25/17
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16:32
Earnings
CoreLogic reports Q1 adjusted EPS 37c, consensus 39c »

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TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:32
04/25/17
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16:32
Hot Stocks
Breaking Hot Stocks news story on Texas Instruments »

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TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:32
04/25/17
04/25
16:32
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16:32
Earnings
Texas Instruments sees Q2 EPS 89c-$1.01, consensus 91c »

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JNS

Janus Capital

$13.45

0.02 (0.15%)

16:32
04/25/17
04/25
16:32
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16:32
Hot Stocks
Janus Capital shareholders approve merger with Henderson Group »

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TRMK

Trustmark

$32.97

0.14 (0.43%)

16:31
04/25/17
04/25
16:31
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16:31
Earnings
Trustmark reports Q1 EPS 46c, consensus 41c »

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X

U.S. Steel

$31.11

-0.09 (-0.29%)

16:31
04/25/17
04/25
16:31
04/25/17
16:31
Hot Stocks
U.S. Steel drops over 15% in after-hours following earnings report »

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16:31
04/25/17
04/25
16:31
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16:31
Options
Preliminary option volume of 19.4M today »

Preliminary option volume…

TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:30
04/25/17
04/25
16:30
04/25/17
16:30
Earnings
Texas Instruments reports Q1 EPS 97c, consensus 83c »

Reports Q1 revenue $3.4B,…

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:29
04/25/17
04/25
16:29
04/25/17
16:29
Earnings
Chesapeake Lodging sees Q2 AFFO 60c-64c »

Sees Q2 EPS 27c-30c,…

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TGI

Triumph Group

$26.20

-0.05 (-0.19%)

16:29
04/25/17
04/25
16:29
04/25/17
16:29
Hot Stocks
Triumph Group, VAS Aero collaborate on PW4168 Nacelles »

Triumph Group said it…

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JNPR

Juniper

$27.78

-0.49 (-1.73%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Earnings
Juniper reports preliminary Q1 EPS 46c, consensus 42c »

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Earnings
Chesapeake Lodging backs FY17 adjusted FFO $2.10-$2.20 »

Backs FY17 EPS 73c-83c,…

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ARCW

ARC Group

$3.85

0.05 (1.32%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Hot Stocks
Breaking Hot Stocks news story on ARC Group »

Northern Right Capital…

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:27
04/25/17
04/25
16:27
04/25/17
16:27
Earnings
Chesapeake Lodging reports Q1 adjusted FFO 41c »

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BXMT

Blackstone Mortgage

$30.91

0.28 (0.91%)

16:26
04/25/17
04/25
16:26
04/25/17
16:26
Earnings
Blackstone Mortgage reports Q1 core EPS 61c, consensus 63c »

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CCUR

Concurrent

$4.94

0.0626 (1.28%)

16:26
04/25/17
04/25
16:26
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16:26
Hot Stocks
Concurrent announces availability of Origin Release 3 »

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UHS

Universal Health

$121.42

0.52 (0.43%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Earnings
Universal Health reports Q1 adjusted EPS $2.10, consensus $2.07 »

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PCG

PG&E

$67.66

-0.13 (-0.19%)

, EIX

Edison International

$80.82

-0.12 (-0.15%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Hot Stocks
PG&E, CA energy companies propose reforms to CPUC »

PG&E (PCG) joined…

PCG

PG&E

$67.66

-0.13 (-0.19%)

EIX

Edison International

$80.82

-0.12 (-0.15%)

03/08/13
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  • 27

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DECK

Deckers Brands

$58.74

0.4 (0.69%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Technical Analysis
Deckers Brands spikes after saying it will review strategic alternatives »

The stock was last at $62…

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AVXS

AveXis

$78.74

-0.44 (-0.56%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Conference/Events
AveXis to hold a conference call »

Management discusses the…

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  • 25

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TRN

Trinity Industries

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Trinity Industries sees 2017 EPS $1.00-$1.25 vs. prior outlook $1.00-$1.35 

Consensus $1.23.

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  • 26

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CHFC

Chemical Financial

$50.36

-0.35 (-0.69%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Chemical Financial reports Q1 EPS 71c, consensus 70c »

Net interest income was…

03/08/13
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  • 26

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WK

Workiva

$16.80

-0.05 (-0.30%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Hot Stocks
Workiva partners with Fastpath »

Workiva and Fastpath,…

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  • 04

    May

UVE

Universal Insurance

$23.35

0.45 (1.97%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Universal Insurance reports Q1 EPS 86c, consensus 80c »

Book value per common was…

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