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SNAP

Snap

$20.35

0.81 (4.15%)

, WDAY

Workday

$85.14

0.18 (0.21%)

10:27
03/20/17
03/20
10:27
03/20/17
10:27

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Monness Crespi analyst James Cakmak initiated Snap (SNAP) with a Buy and a $25 price target. 2. Workday (WDAY) initiated with a Buy at BofA/Merrill. 3. Berkshire Hathaway (BRK.A) initiated with an Equal Weight at Morgan Stanley. 4. MeetMe (MEET) initiated with a Buy at Canaccord. 5. ARC Document (ARC) resumed with a Buy 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.

SNAP

Snap

$20.35

0.81 (4.15%)

WDAY

Workday

$85.14

0.18 (0.21%)

MEET

MeetMe

$5.19

-0.06 (-1.14%)

ARC

ARC Document

$4.19

0.28 (7.16%)

BRK.A

Berkshire Hathaway

$257,750.00

-1202 (-0.46%)

  • 08

    Jun

  • 20

    Jun

SNAP Snap
$20.35

0.81 (4.15%)

03/20/17
MONN
03/20/17
INITIATION
Target $25
MONN
Buy
Snap initiated with a Buy at Monness Crespi
Monness Crespi analyst James Cakmak initiated Snap with a Buy and a $25 price target.
03/16/17
03/16/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Snap (SNAP) initiated with a Sell at MoffettNathanson. 2. Alliant Energy (LNT) initiated with a Neutral at UBS. 3. Carbonite (CARB) initiated with a Buy at Craig-Hallum. 4. Dermira (DERM) initiated with an Underperform at Raymond James. 5. Exelixis (EXEL) initiated with a Perform at Oppenheimer. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/17/17
MZHO
03/17/17
INITIATION
Target $20
MZHO
Neutral
Snap initiated with a Neutral at Mizuho
Mizuho analyst Neil Doshi started Snap Inc. with a Neutral rating and $20 price target.
03/17/17
03/17/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Netflix (NFLX) initiated with an Outperform at Bernstein. 2. Snap (SNAP) initiated with a Neutral at Mizuho. 3. Cantel Medical (CMD) initiated with a Market Perform at Raymond James. 4. Hilton (HLT) reinstated with an Overweight at JPMorgan. 5. Regeneron (REGN) initiated with a Perform at Oppenheimer. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
WDAY Workday
$85.14

0.18 (0.21%)

03/14/17
DADA
03/14/17
NO CHANGE
Target $51
DADA
Neutral
Tableau price target lowered to $51 from $55 at DA Davidson
DA Davidson analyst Jack Andrews said several data points in recent weeks lead him to believe that the total addressable market opportunity for Tableau (DATA) is being contested and/or eroded by more "heavyweight" enterprise software companies, including Google (GOOG), Microsoft (MSFT) and Workday (WDAY). Citing the continued rise of competition, Andrews reiterates a Neutral rating on Tableau and lowered his price target to $51 from $55.
03/01/17
BERN
03/01/17
DOWNGRADE
BERN
Market Perform
Workday downgraded on results at Bernstein
As noted earlier, Bernstein downgraded Workday to Market Perform from Outperform. After Workday reported beat and raise results, analyst Mark Moerdler says that the company disclosed several negative data points, including slowing revenue growth and lack of a significant increase in its revenue guidance. Target to $91 from $84.
03/01/17
BERN
03/01/17
DOWNGRADE
BERN
Market Perform
Workday downgraded to Market Perform from Outperform at Bernstein
03/20/17
BOFA
03/20/17
INITIATION
Target $96
BOFA
Buy
Workday initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Kash Rangan initiated Workday with a Buy and a $96 price target given high growth, significant operating leverage, and is a category leader with a cloud enterprise HCM/Financials platform.
MEET MeetMe
$5.19

-0.06 (-1.14%)

01/23/17
ROTH
01/23/17
NO CHANGE
Target $9.25
ROTH
Buy
MeetMe near-term overhang may be removed with insider sale, says Roth Capital
Roth Capital analyst Darren Aftahi notes that MeetMe's CEO disclosed a 250,000 stock sale under a 10b5-1 trading plan, terminating it as the executive does not intend to sell any more stock in 2017. The analyst believes this could remove a near-term overhang on the shares as some investors expected a renewal of the CEO's plan. He reiterates a Buy rating and $9.25 price target on the shares.
01/17/17
ROTH
01/17/17
NO CHANGE
Target $9.25
ROTH
Buy
Roth Capital establishing MeetMe as a focus stock pick in 2017
Roth Capital analyst Darren Aftahi is establishing MeetMe as a 2017 focus stock pick as he sees several catalysts for it this year including monetization of its non-English speaking international user base, introduction of its video chat platform, and improved ad monetization of recently acquired Skout. He reiterates a Buy rating and $9.25 price target on the shares.
12/06/16
ROTH
12/06/16
NO CHANGE
Target $9.25
ROTH
Buy
MeetMe fundamentals remain intact, says Roth Capital
Roth Capital analyst Darren Aftahi believes MeetMe's 14% year over year November U.S. CPM growth substantiates that its fundamentals remain intact, contrary to recent weakness in the stock. The analyst's marketing meetings with management and investors also suggest both video and international remain catalysts for the New Year. Even with the up move in the stock following reiteration of Q4 guidance, he believes valuation remains "highly attractive," especially in light of organic growth and free cash flow yield. Aftahi reiterates a Buy rating and $9.25 price target on the shares.
03/20/17
ADAM
03/20/17
INITIATION
Target $10
ADAM
Buy
MeetMe initiated with a Buy at Canaccord
Canaccord analyst Michael Graham initiated MeetMe with a Buy and a $10 price target saying it occupies a promising spot on the large online dating landscape with user and engagement improvements overcoming high churn.
ARC ARC Document
$4.19

0.28 (7.16%)

03/20/17
RILY
03/20/17
INITIATION
Target $5
RILY
Buy
ARC Document resumed with a Buy at B. Riley
B. Riley analyst Ian Corydon resumed coverage of ARC Document with a Buy rating and $5 price target.
BRK.A Berkshire Hathaway
$257,750.00

-1202 (-0.46%)

03/28/16
UBSW
03/28/16
INITIATION
Target $244500
UBSW
Buy
Berkshire Hathaway initiated with a Buy at UBS
UBS analyst Brian Meredith started Berkshire Hathaway's A shares with a Buy rating and $244,500 price target. The current uncertain economic and market environment "plays into the hands" of the company, Meredith tells investors in a research note.
02/22/17
02/22/17
NO CHANGE

Morgan Stanley would not dismiss possibility of Berkshire buying an airline
With Warren Buffett's Berkshire Hathaway (BRK.A) recently disclosing an increase to its overall airline exposure, making the firm a number one or two holder for each of the "Big 4," Morgan Stanley polled investors and found that about 60% do not expect this to be a step towards a full-scale acquisition. However, analyst Rajeev Lalwani said the prospect of Berkshire buying an airline is a possibility that is "not worth dismissing," citing the historical precedent of Buffett's involvement in the rail industry and eventual deal to buy Burlington Northern SantaFe in 2009. The top four U.S. airlines include American Airlines (AAL), Delta Air Lines (DAL), Southwest (LUV) and United Continental (UAL).
03/28/16
03/28/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Berkshire Hathaway (BRK.A) initiated with a Buy at UBS by analyst Brian Meredith, who said the current and uncertain economic and market environment "plays into the hands" of the company. 2. Syndax (SNDX) initiated with an Outperform and Overweight at JMP Securities and Morgan Stanley, respectively. 3. ONEOK (OKE) initiated with a Sector Perform at RBC Capital. 4. Phillips 66 (PSX) initiated with a Market Perform at Cowen. 5. Western Digital (WDC) initiated with a Buy at Summit 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.
03/20/17
MSCO
03/20/17
INITIATION
Target $275000
MSCO
Equal Weight
Berkshire Hathaway initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Kai Pan initiated Berkshire Hathaway with an Equal Weight and a $275,000 price target saying valuation is fair.

TODAY'S FREE FLY STORIES

PVH

PVH Corp.

$98.68

7.83 (8.62%)

, F

Ford

$11.72

-0.05 (-0.42%)

12:21
03/23/17
03/23
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03/23/17
12:21
General news
On The Fly: Top stock stories at midday »

Stocks opened lower as…

PVH

PVH Corp.

$98.68

7.83 (8.62%)

F

Ford

$11.72

-0.05 (-0.42%)

DIS

Disney

$112.76

0.68 (0.61%)

FEYE

FireEye

$11.49

0.05 (0.44%)

FIVE

Five Below

$38.13

-0.72 (-1.85%)

ONDK

On Deck Capital

$4.86

0.38 (8.48%)

PFPT

Proofpoint

$79.20

0.93 (1.19%)

ACN

Accenture

$121.92

-4.56 (-3.61%)

03/08/13
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03/06/13
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  • 20

    Jun

12:20
03/23/17
03/23
12:20
03/23/17
12:20
General news
FX Action: USD-JPY has bounced »

FX Action: USD-JPY has…

GCI

Gannett

$8.21

0.09 (1.11%)

12:20
03/23/17
03/23
12:20
03/23/17
12:20
Conference/Events
Gannett management to meet with Stephens »

Meeting to be held in New…

03/08/13
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03/06/13
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  • 10

    May

$NSD

NASDAQ Market Internals

12:17
03/23/17
03/23
12:17
03/23/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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TISA

Top Image Systems

$1.24

-0.0212 (-1.68%)

12:16
03/23/17
03/23
12:16
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12:16
Hot Stocks
Breaking Hot Stocks news story on Top Image Systems »

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$NYE

NYSE Market Internals

12:16
03/23/17
03/23
12:16
03/23/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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12:15
03/23/17
03/23
12:15
03/23/17
12:15
General news
Treasury Action: bonds are in limbo awaiting results the House ACA vote »

Treasury Action: bonds…

12:15
03/23/17
03/23
12:15
03/23/17
12:15
General news
Breaking General news story  »

Minneapolis Federal…

Z

Zillow

$35.29

0.12 (0.34%)

12:11
03/23/17
03/23
12:11
03/23/17
12:11
Options
Bearish flow in Zillow as shares falter »

Bearish flow in Zillow as…

03/08/13
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03/06/13
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  • 09

    May

12:10
03/23/17
03/23
12:10
03/23/17
12:10
General news
U.S. equities are dusting themselves off »

U.S. equities are dusting…

ATEC

Alphatec

$2.68

-0.12 (-4.29%)

12:08
03/23/17
03/23
12:08
03/23/17
12:08
Syndicate
Alphatec announces $18.9M private placement »

H.C. Wainwright is acting…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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OA

Orbital ATK

$99.47

-0.075 (-0.08%)

12:08
03/23/17
03/23
12:08
03/23/17
12:08
Periodicals
SSL sues Orbital ATK over claims of confidential data theft, Reuters says »

Space Systems/Loral has…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Mar

TRIP

TripAdvisor

$41.40

-0.31 (-0.74%)

, PCLN

Priceline

$1,751.99

4.85 (0.28%)

12:06
03/23/17
03/23
12:06
03/23/17
12:06
Hot Stocks
TripAdvisor strength attributed to takeover speculation »

The intraday move up in…

TRIP

TripAdvisor

$41.40

-0.31 (-0.74%)

PCLN

Priceline

$1,751.99

4.85 (0.28%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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12:01
03/23/17
03/23
12:01
03/23/17
12:01
Conference/Events
Stephens transportation analysts hold an analyst/industry conference call »

Transportation Analysts…

BAC

Bank of America

$23.34

0.4 (1.74%)

12:01
03/23/17
03/23
12:01
03/23/17
12:01
Options
Today's four most active single stock options are calls on BofA »

Today's four most…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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LMT

Lockheed Martin

$270.93

1.51 (0.56%)

12:01
03/23/17
03/23
12:01
03/23/17
12:01
Hot Stocks
Lockheed Martin to expand production for F-35 components in Johnstown »

Lockheed Martin will…

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  • 23

    Mar

CEO

CNOOC

$118.68

3.25 (2.82%)

11:59
03/23/17
03/23
11:59
03/23/17
11:59
Upgrade
CNOOC rating change  »

CNOOC upgraded to…

03/08/13
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03/06/13
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POL

PolyOne

$33.38

0.47 (1.43%)

11:59
03/23/17
03/23
11:59
03/23/17
11:59
Conference/Events
PolyOne management to meet with Jefferies »

Meeting to be held in…

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  • 23

    Mar

  • 27

    Mar

GRBK

Green Brick

11:56
03/23/17
03/23
11:56
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11:56
Hot Stocks
Green Brick Partners director acquires 20,000 common shares »

In a regulatory filing,…

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FLXN

Flexion

$19.68

0.14 (0.72%)

, SNY

Sanofi

$45.09

0.42 (0.94%)

11:56
03/23/17
03/23
11:56
03/23/17
11:56
Recommendations
Flexion, Sanofi analyst commentary  »

Flexion CFO departure…

FLXN

Flexion

$19.68

0.14 (0.72%)

SNY

Sanofi

$45.09

0.42 (0.94%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 27

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SAN

Banco Santander

$6.12

0.005 (0.08%)

11:55
03/23/17
03/23
11:55
03/23/17
11:55
Hot Stocks
Santander to improve consumer protections in Fed agreement »

Santander has agreed to…

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11:55
03/23/17
03/23
11:55
03/23/17
11:55
Conference/Events
Federal Reserve Bank of Minneapolis President speaks at conference »

Minneapolis Federal…

MAA

MAA

$101.99

0.72 (0.71%)

11:54
03/23/17
03/23
11:54
03/23/17
11:54
Conference/Events
MAA management to meet with Jefferies »

Meetings to be held in…

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  • 27

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ADP

ADP

$103.68

0.56 (0.54%)

, CSOD

Cornerstone OnDemand

$38.36

-0.14 (-0.36%)

11:53
03/23/17
03/23
11:53
03/23/17
11:53
Conference/Events
Stephens enterprise software analysts hold an analyst/industry conference call »

Enterprise Software…

ADP

ADP

$103.68

0.56 (0.54%)

CSOD

Cornerstone OnDemand

$38.36

-0.14 (-0.36%)

ORCL

Oracle

$44.97

0.175 (0.39%)

PAYC

Paycom

$54.22

-1.06 (-1.92%)

PCTY

Paylocity

$35.16

-0.16 (-0.45%)

SAP

SAP

$98.09

0.44 (0.45%)

ULTI

Ultimate Software

$193.35

1.24 (0.65%)

WDAY

Workday

$81.64

0.19 (0.23%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 03

    May

  • 09

    May

  • 08

    Jun

  • 20

    Jun

TRP

TransCanada

$46.42

0.25 (0.54%)

11:52
03/23/17
03/23
11:52
03/23/17
11:52
Periodicals
State Department expected to approve Keystone XL pipeline permit, Politico says »

The U.S. State Department…

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