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AMZN

Amazon.com

$780.37

0.25 (0.03%)

, EBAY

eBay

$28.95

0.05 (0.17%)

09:10
11/28/16
11/28
09:10
11/28/16
09:10

Amazon, eBay hit by VAT fraudsters in Britian, The Guardian reports

Amazon (AMZN) and eBay (EBAY) are dealing with VAT fraudsters illegally selling goods like iPads and laptops to British customers tax-free, The Guardian reports, citing an investigation by Guardian reporters. Amazon told the Guardian: "Marketplace sellers are independent businesses responsible for complying with their own VAT obligations." In a statement, eBay said: "If we are informed by HMRC that a seller is not complying with requirements then we will take appropriate action." Reference Link

AMZN

Amazon.com

$780.37

0.25 (0.03%)

EBAY

eBay

$28.95

0.05 (0.17%)

  • 28

    Nov

AMZN Amazon.com
$780.37

0.25 (0.03%)

11/23/16
OPCO
11/23/16
NO CHANGE
OPCO
Facebook, Amazon.com most attractive on post-election pullback, says Oppenheimer
Oppenheimer analyst Jason Helfstein notes that there has been a rotation into industrial and financial stocks post-election, at the expense of multinational technology stocks. However, he sees some potential positive catalysts for "FANG" names, namely Facebook (FB), Amazon.com (AMZN), Netflix (NFLX) and Google (GOOG; GOOGL), with the first two looking the most attractive at current levels. The analyst points out that Facebook's potential positive catalysts include faster than expected ad monetization driven by "Video First" strategy, Instagram engagement and Dynamic Product Ads. As for Amazon, he expects stable consumer spending to support a strong holiday shopping season.
11/28/16
PIPR
11/28/16
NO CHANGE
Target $900
PIPR
Overweight
eCommerce keeps taking share from offline retailers, says Piper Jaffray
Adobe released Thanksgiving and Black Friday eCommerce data over the weekend, which indicates overall eCommerce volume up 17.7% and that eCommerce continues to take significant share from offline retailers, Piper Jaffray analyst Gene Munster tells investors in a research note. He believes the "health" of the eCommerce market is an incremental positive in the Amazon.com story. With the best eCommerce experience available, Amazon's dominance should continue into the holiday season, Munster contends. He reiterates an Overweight rating on the shares with a $900 price target.
11/28/16
OPCO
11/28/16
NO CHANGE
OPCO
Initial eCommerce data points show stable trends, says Oppenheimer
Oppenheimer analyst Jason Helfstein says initial eCommerce data points show stable trends ahead of Cyber-Monday, after Adobe (ADBE) and ComScore (SCOR) released online retail sales data for Thanksgiving and Black Friday. The analyst notes that Adobe recorded $5.3B in online spending during the two-day period, over 18% year over year, same as last year, but points out that the company does not measure Amazon (AMZN) sales, as data reflects sales from "Adobe Marketing Cloud" clients. On the other hand, Helfstein says comScore data showed "significant" acceleration, with spending over 18% year over year to $3.3B during the two-day period.
11/28/16
SBSH
11/28/16
NO CHANGE
Target $960
SBSH
Buy
Citi trims Amazon price target on lower AWS estimates
To reflect the reduced storage prices announced last week by Amazon Web Services, Citi analyst Mark May cut his AWS revenue and consolidated segment operating income for 2017 by 3% and 9%, respectively. The analyst, however, does not view the price reductions as an indication of competitive pressures or a threat to long-term margin outlook for AWS. May lowered his price target for Amazon.com shares to $960 from $965 and keeps a Buy rating on name. His new price target reflects 23% upside from current levels.
EBAY eBay
$28.95

0.05 (0.17%)

10/21/16
HDLY
10/21/16
UPGRADE
HDLY
Buy
eBay upgraded to Buy from Long-Term Buy at Hilliard Lyons
10/21/16
10/21/16
UPGRADE

Buy
eBay upgraded to Buy on valuation at Hilliard Lyons
As previously reported, Hilliard Lyons upgraded eBay to Buy from Long-Term Buy and maintained a $35 price target on shares. Analyst Stephen Turner upgraded shares citing the pullback following the Q3 report.
10/21/16
10/21/16
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. Microsoft (MSFT) upgraded to Buy from Hold at Wunderlich and to Outperform from Market Perform at William Blair. 2. Reynolds American (RAI) upgraded to Buy from Hold at Berenberg. 3. eBay (EBAY) upgraded to Buy from Long-Term Buy at Hilliard Lyons. 4. BNY Mellon (BK) upgraded to Outperform from Market Perform at Keefe Bruyette with analyst Brian Kleinhanzl citing improving fundamentals following the company's third quarter results. 5. PayPal (PYPL) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying the company reported "solid" third quarter results and should deliver "stable consistent, and robust" growth going forward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/10/16
BARD
11/10/16
NO CHANGE
Target $35
BARD
Outperform
eBay October trends decent, says Baird
Baird analyst Colin Sebastian said his proprietary tracker suggests eBay had a good month in October. The analyst noted UK online spending remained solid, but he does not expect a meaningful ramp in growth until new search/product pages roll onto the core site/app in 2017. Sebastian reiterated his Outperform rating and $35 price target on eBay shares.

TODAY'S FREE FLY STORIES

AFLYY

Air France-KLM

$12.93

0.439 (3.51%)

04:51
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04:51
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DLAKY

Lufthansa

$21.32

0.49 (2.35%)

04:50
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04:50
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General news
FX Action: The dollar has come under broad pressure »

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General news
FX Action: USD-JPY clocked a fresh low of 111.46 »

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Conference/Events
Federal Reserve Bank President of San Francisco speaks on global growth »

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General news
Breaking General news story  »

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General news
FX Update: The dollar majors remained in fairly narrow ranges »

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NXTM

NxStage Medical

$23.46

0.13 (0.56%)

21:43
06/26/17
06/26
21:43
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21:43
Initiation
NxStage Medical initiated at Craig-Hallum »

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21:40
06/26/17
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21:40
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21:40
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

BL

BlackLine

$37.80

-0.26 (-0.68%)

20:56
06/26/17
06/26
20:56
06/26/17
20:56
Initiation
BlackLine initiated at SunTrust »

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ULTI

Ultimate Software

$221.91

-0.25 (-0.11%)

20:56
06/26/17
06/26
20:56
06/26/17
20:56
Initiation
Ultimate Software initiated at SunTrust »

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CRM

Salesforce

$88.11

-0.51 (-0.58%)

20:56
06/26/17
06/26
20:56
06/26/17
20:56
Initiation
Salesforce initiated at SunTrust »

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EVBG

Everbridge

$24.66

-0.3 (-1.20%)

20:56
06/26/17
06/26
20:56
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20:56
Initiation
Everbridge initiated at SunTrust »

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RNG

RingCentral

$37.65

-1 (-2.59%)

20:56
06/26/17
06/26
20:56
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20:56
Initiation
RingCentral initiated at SunTrust »

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WK

Workiva

20:56
06/26/17
06/26
20:56
06/26/17
20:56
Initiation
Workiva initiated at SunTrust »

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HUBS

HubSpot

$68.20

-0.7 (-1.02%)

20:56
06/26/17
06/26
20:56
06/26/17
20:56
Initiation
HubSpot initiated at SunTrust »

HubSpot initiated with a…

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  • 28

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  • 11

    Jul

HUBS

HubSpot

$68.20

-0.7 (-1.02%)

20:55
06/26/17
06/26
20:55
06/26/17
20:55
Initiation
HubSpot initiated at SunTrust »

HubSpot initiated with a…

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  • 28

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    Jul

QTWO

Q2 Holdings

20:55
06/26/17
06/26
20:55
06/26/17
20:55
Initiation
Q2 Holdings initiated at SunTrust »

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  • 27

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INST

Instructure

$29.55

0.4 (1.37%)

20:55
06/26/17
06/26
20:55
06/26/17
20:55
Initiation
Instructure initiated at SunTrust »

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  • 28

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MANH

Manhattan Associates

20:55
06/26/17
06/26
20:55
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20:55
Initiation
Manhattan Associates initiated at SunTrust »

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PCTY

Paylocity

$47.39

-1.65 (-3.36%)

20:55
06/26/17
06/26
20:55
06/26/17
20:55
Initiation
Paylocity initiated at SunTrust »

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  • 28

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SHOP

Shopify

$92.04

-2.44 (-2.58%)

20:55
06/26/17
06/26
20:55
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20:55
Initiation
Shopify initiated at SunTrust »

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LH

LabCorp

$152.30

0.68 (0.45%)

20:10
06/26/17
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20:10
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20:10
Downgrade
LabCorp rating change at KeyBanc »

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ATXI

Avenue Therapeutics

20:06
06/26/17
06/26
20:06
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20:06
Syndicate
Avenue Therapeutics 5.5M share IPO priced at $6.00 »

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  • 27

    Jun

NXPI

NXP Semiconductors

$109.73

-0.25 (-0.23%)

20:05
06/26/17
06/26
20:05
06/26/17
20:05
Hot Stocks
NXP Semi collaborates with Shanghai Unicom, roam2free on eSIM solution »

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  • 26

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