Today's noteworthy upgrades include: ASML (ASML) upgraded to Buy from Neutral at Citigroup... Coach (COH) upgraded to Overweight from Equal Weight at Barclays... Daimler AG (DDAIF) upgraded to Conviction Buy from Buy at Goldman... GKN PLC (GKNLY) upgraded to Neutral from Sell at Goldman... Intel (INTC) upgraded at Bernstein... Lowe's (LOW) upgraded to Overweight from Neutral at Piper Jaffray... Mattel (MAT) upgraded to Outperform from Market Perform at Wells Fargo... Netflix (NFLX) upgraded to Outperform with $900 target at FBR Capital... Nokia (NOK) upgraded at Morgan Stanley... Old Line Bancshares (OLBK) upgraded to Outperform from Market Perform at Raymond James... PTC Therapeutics (PTCT) upgraded to Outperform at Cowen... Panera Bread (PNRA) upgraded to Market Perform from Underperform at Raymond James... Sequans (SQNS) upgraded to Buy from Hold at Needham... VMware (VMW) upgraded to Buy from Hold at Summit Research... Valeo (VLEEY) upgraded to Buy from Neutral at Goldman.

Pre-earnings options volume in Netflix is 1.1x normal with calls leading puts 5:4. Implied volatility suggests the market is anticipating a move near 7.3%, or $44.89, after results are released. Median move over the past eight quarters is 9.6%.

Netflix (NFLX) is scheduled to report its first quarter 2024 financial results and business outlook on Thursday, April 18. A video interview... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Unusual total active option classes on open include: Wrap Technologies (WRAP), AstraZeneca (AZN), JetBlue (JBLU), United Continental (UAL), Taiwan Semi (TSM), Nokia (NOK), EBay (EBAY), Maplebear Inc (CART), Airbnb (ABNB), and UnitedHealth (UNH).

Grupo Santander analyst Carlos Trevino downgraded ASML to Underperform from Neutral with a EUR 635 price target.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Unusual total active option classes on open include: Steel Dynamics (STLD), Gildan Activewear (GIL), Danaher (DHR), Altimeter Growth (GRAB), Childrens Place (PLCE), ASML (ASML), US Bancorp (USB), iShares Barclays 7 to 10 Year Treasury Bond Fund (IEF), AMC Entertainment (AMC), and Abbott (ABT).

Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here

"We expect second-quarter total net sales between EUR 5.7 billion and EUR 6.2 billion with a gross margin between 50% and 51%. ASML expects R&D costs of around EUR 1,070 million and SG&A costs of around EUR 295 million. Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry's continued recovery from the downturn. We see 2024 as a transition year with continued investments in both capacity ramp and technology, to be ready for the turn in the cycle," said ASML president and CEO Peter Wennink.

Deutsche Bank raised the firm's price target on ASML to EUR 1,000 from EUR 880 and keeps a Buy rating on the shares.