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ACN

Accenture

$127.95

0.39 (0.31%)

, MSFT

Microsoft

$70.00

0.1 (0.14%)

12:47
06/19/17
06/19
12:47
06/19/17
12:47

Accenture, Microsoft partner on blockchain-based digital identity solution

Accenture (ACN) and Microsoft (MSFT) are partnering on a blockchain-based digital identity program. The companies explained: "Accenture is leading a 'call to action' and responding with blockchain and biometric technologies to support ID2020, a global public-private partnership dedicated to solving the challenges of identity... Accenture, in partnership with Microsoft and Avanade, has developed an identity prototype based on blockchain technology... The prototype is designed to empower individuals with direct consent over who has access to their personal information, and when to release and share data." Accenture and Microsoft demonstrated the prototype today at the ID2020 Summit at the U.N.

ACN

Accenture

$127.95

0.39 (0.31%)

MSFT

Microsoft

$70.00

0.1 (0.14%)

  • 20

    Jun

  • 22

    Jun

  • 20

    Jul

ACN Accenture
$127.95

0.39 (0.31%)

04/04/17
BARD
04/04/17
NO CHANGE
Target $132
BARD
Neutral
Accenture risk/reward improving, says Baird
Baird analyst David Koning said he is warming up to Accenture shares, citing an improved risk/reward following its acquisition of Genfour, its recent underperformance, and upcoming easing comps and improving end-markets. Koning maintained his Neutral rating and $132 price target on Accenture shares.
04/13/17
BARD
04/13/17
NO CHANGE
Target $132
BARD
Neutral
Baird warming up to Accenture shares
Baird analyst Davis Koning said he is warming up to Accenture shares, citing the improving risk/reward, recent underperformance, easing comps and its acquisition of BeesPath's ClosingBridge platform. Koning maintained his Neutral rating and $132 price target on Accenture shares.
05/24/17
RHCO
05/24/17
DOWNGRADE
Target $130
RHCO
Hold
Accenture downgraded to Hold from Buy at SunTrust
SunTrust analyst Frank Atkins downgraded Accenture to Hold citing valuation and maintained a $130 price target. The analyst said shares are trading towards the high end of historical multiples and sees limited upside given decelerating bookings growth and slowing headcount.
05/24/17
05/24/17
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. AutoZone (AZO) downgraded to Equal Weight from Overweight at Stephens with analyst Ben Bienvenu citing the company's third quarter earnings report. 2. Ooma (OOMA) was downgraded to Market Perform from Outperform at William Blair, to Neutral from Outperform at Credit Suisse, to Underperform from Buy at BofA/Merrill, and to Market Perform from Outperform at William Blair. 3. Momo (MOMO) downgraded to Neutral from Overweight at JPMorgan with analyst Alex Yao citing the company's first quarter results. 4. Toll Brothers (TOL) downgraded to Neutral on valuation at Buckingham with analyst Mark Weintraub citing recent share strength and raised his price target to $39 from $38. 5. Accenture (ACN) downgraded to Hold from Buy at SunTrust with analyst Frank Atkins citing valuation and maintained a $130 price target. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
MSFT Microsoft
$70.00

0.1 (0.14%)

06/15/17
BERN
06/15/17
NO CHANGE
BERN
Multiple software companies to benefit from AI, says Bernstein
Bernstein analyst Mark L. Moerdler believes that software companies will capture more than 50% of the revenue from AI. Multiple software companies will be able to benefit from the emergence of AI by creating "more efficient algorithms, " he believes. Microsoft (MSFT) will be well-positioned to use AI to drive adoption of its Azure cloud offering, while Adobe (ADBE) can use the technology to increase adoption of its cloud offerings and monetize AI through its IO product, the analyst believes. Splunk (SPLK) has added Machine Learning capabilities to its big data platform, and they are being used to deliver its security offerings, according to Moerdler. Over the longer term, the company should be able to incorporate machine learning into other products,the analyst stated. Oracle (ORCL) is benefiting from the use of AI in conjunction with its cloud offerings and from Machine Learning that it uses in conjunction with its data sources, the analyst stated. Finally, Salesforce's (CRM) Einstein Artificial Intelligence could give the company a competitive advantage over some competitors who do not offer similar functionality, he wrote. The analyst keeps Outperform ratings on all the stocks named except for Salesforce, which he continues to rate Underperform.
06/15/17
NOMU
06/15/17
NO CHANGE
NOMU
Amazon.com price target raised to $1,100 from $975 at Nomura Instinet
Nomura Instinet analyst Anthony DiClemente says that Amazon's (AMZN) current valuation is "reasonable." The analyst says that, assuming the cloud business is worth $220B, based on a 2020 multiple similar to that given Microsoft (MSFT), while its Prime video business is worth $8B, or 12% of Netflix's (NFLX) current valuation, and its advertising business is worth $27B, or double his estimate of Snap's (SNAP) total valuation, the company's e-commerce business is only being valued at about $210B at current levels. Noting that Wal-Mart (WMT) is currently valued at $280B, the analyst says that Amazon's valuation "is not excessively strencthed." DiClemente raised his 2020 EV/EBITDA multiple for the cloud business to 14x from 13.5x, noting that SAP (SAP), Oracle (ORCL) and Microsoft (MSFT) all had higher multiples at similar points in their histories. The analyst raised his target multiple for Amazon's North America e-commerce business to 13x from 12x, which he says is in-line with Wal-Mart's mean multiple from 1992-2001. He raised his price target on Amazon to $1,100 from $975 and keeps a Buy rating on the stock.
06/16/17
KEYB
06/16/17
NO CHANGE
KEYB
Microsoft to benefit from cloud expansion, says KeyBanc
KeyBanc says that spending on the cloud could triple to $239B within five years, and the firm says that Microsoft (MSFT) "has the most to gain," as it thinks that the company is poised to surpass Amazon (AMZN) to become the sector leader. KeyBanc keeps a $78 price target and an Overweight rating on Microsoft.
06/19/17
MSCO
06/19/17
NO CHANGE
Target $80
MSCO
Overweight
Microsoft price target raised to $80 from $72 at Morgan Stanley
Morgan Stanley analyst Keith Weiss raised Microsoft's price target to $80 from $72 citing the company's strengthening secular position and earnings growth that is poised to move higher. Weiss believes investors will pay a higher multiple for Microsoft's double digit earnings growth now that the stock incorporates the impacts from the LinkedIn acquisition, a higher tax rate, and modest foreign exchange headwinds. The analyst rates Microsoft an Overweight.

TODAY'S FREE FLY STORIES

ICPT

Intercept

$98.12

1.92 (2.00%)

15:41
09/21/17
09/21
15:41
09/21/17
15:41
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Intercept analyst commentary  »

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FB

Facebook

$172.17

-0.35 (-0.20%)

15:39
09/21/17
09/21
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15:39
Hot Stocks
Facebook says will help government in ' vitally important ' election probe »

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:38
09/21/17
09/21
15:38
09/21/17
15:38
Hot Stocks
Sanderson Farms up regular dividend to 32c, declares special dividend of $1.00 »

Sanderson Farms announced…

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:36
09/21/17
09/21
15:36
09/21/17
15:36
Hot Stocks
Breaking Hot Stocks news story on Sanderson Farms »

Sanderson Farms declares…

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SAFM

Sanderson Farms

$162.06

1.5 (0.93%)

15:36
09/21/17
09/21
15:36
09/21/17
15:36
Hot Stocks
Breaking Hot Stocks news story on Sanderson Farms »

Sanderson Farms raises…

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MIK

Michaels

$21.42

-0.03 (-0.14%)

15:30
09/21/17
09/21
15:30
09/21/17
15:30
Options
Bullish flow continues for a third day in Michaels Companies »

Bullish flow continues…

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$NSD

NASDAQ Market Internals

15:17
09/21/17
09/21
15:17
09/21/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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$NYE

NYSE Market Internals

15:16
09/21/17
09/21
15:16
09/21/17
15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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03/06/13
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03/06/13
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15:15
09/21/17
09/21
15:15
09/21/17
15:15
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

15:10
09/21/17
09/21
15:10
09/21/17
15:10
General news
Fedspeak is heavy next week, with 12 Committee members scheduled »

Fedspeak is heavy next…

CSX

CSX

$52.81

1.03 (1.99%)

15:05
09/21/17
09/21
15:05
09/21/17
15:05
Hot Stocks
CSX says service 'rapidly' restored following Hurricane Irma »

CSX said that following…

03/08/13
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    Oct

GE

General Electric

$24.65

0.33 (1.36%)

15:05
09/21/17
09/21
15:05
09/21/17
15:05
Options
General Electric call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/08/13
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  • 02

    Oct

ICPT

Intercept

$98.12

1.92 (2.00%)

15:00
09/21/17
09/21
15:00
09/21/17
15:00
Downgrade
Intercept rating change  »

Intercept downgraded to…

03/08/13
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SNAP

Snap

$13.70

-0.46 (-3.25%)

14:57
09/21/17
09/21
14:57
09/21/17
14:57
Periodicals
Snap cuts headcount at hardware lab, maker of spectacles, Bloomberg says »

According to the report,…

03/08/13
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YELP

Yelp

$43.73

-0.44 (-1.00%)

14:55
09/21/17
09/21
14:55
09/21/17
14:55
Options
Yelp put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 03

    Oct

14:55
09/21/17
09/21
14:55
09/21/17
14:55
General news
Canada CPI preview »

Canada CPI preview: CPI,…

14:50
09/21/17
09/21
14:50
09/21/17
14:50
General news
Canada retail sales preview »

Canada retail sales…

ICPT

Intercept

$98.12

1.92 (2.00%)

14:49
09/21/17
09/21
14:49
09/21/17
14:49
Recommendations
Intercept analyst commentary  »

Citi calls FDA…

03/08/13
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14:45
09/21/17
09/21
14:45
09/21/17
14:45
Conference/Events
Cowen retail analyst hold an analyst/industry conference call »

Retailing/Specialty…

PSTG

Pure Storage

$15.32

0.49 (3.30%)

14:45
09/21/17
09/21
14:45
09/21/17
14:45
Options
Pure Storage call volume above normal and directionally bullish »

Bullish option flow…

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  • 07

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NLSN

Nielsen

$40.48

0.06 (0.15%)

, CBS

CBS

$58.90

-0.155 (-0.26%)

14:44
09/21/17
09/21
14:44
09/21/17
14:44
Hot Stocks
CBS to use Nielsen Out-of-Home Reporting Service »

Nielsen (NLSN) announced…

NLSN

Nielsen

$40.48

0.06 (0.15%)

CBS

CBS

$58.90

-0.155 (-0.26%)

03/08/13
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03/06/13
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  • 27

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ALNY

Alnylam

14:41
09/21/17
09/21
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14:41
Hot Stocks
Alnylam CEO 'confident' patisiran is best-in-class treatment »

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ESRX

Express Scripts

$61.82

0.82 (1.34%)

, NVS

Novartis

$85.01

-0.77 (-0.90%)

14:41
09/21/17
09/21
14:41
09/21/17
14:41
Hot Stocks
Express Scripts CMO discusses 'great promise, big price' of gene therapy »

In a post to the…

ESRX

Express Scripts

$61.82

0.82 (1.34%)

NVS

Novartis

$85.01

-0.77 (-0.90%)

03/08/13
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  • 21

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  • 22

    Sep

  • 25

    Oct

  • 08

    Nov

  • 17

    May

ALNY

Alnylam

$113.84

38.8 (51.71%)

14:40
09/21/17
09/21
14:40
09/21/17
14:40
Hot Stocks
Alnylam CEO says more confident in other trials after patisiran data »

Alnylam Pharmaceuticals…

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MTX

Minerals Technologies

$69.50

1.1 (1.61%)

14:33
09/21/17
09/21
14:33
09/21/17
14:33
Hot Stocks
Minerals Technologies authorizes $150M, two-year share repurchase program »

Minerals Technologies…

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