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Fly News Breaks for January 9, 2020
JWN, SNAP, K, AMD, SBUX
Jan 9, 2020 | 10:16 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Starbucks (SBUX) upgraded to Overweight from Equal Weight at Barclays with analyst Jeffrey Bernstein saying he expects a "fundamental reacceleration" into fiscal 2020 and views the shares as attractively valued at current levels. 2. AMD (AMD) upgraded to Buy from Neutral at Mizuho with analyst Vijay Rakesh saying the 2020 server market could be stronger than current "muted" consensus expectations. 3. Kellogg (K) upgraded to Outperform from Market Perform at BMO Capital with analyst Kenneth Zaslow saying Kellogg has become a "compelling investment" as it continues its evolution into a snacking company with growing exposure to emerging markets. 4. Snap (SNAP) upgraded to Buy from Hold at Jefferies and to Outperform from Market Perform at Cowen. 5. Nordstrom (JWN) upgraded to Accumulate from Hold at Gordon Haskett. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For SBUX;AMD;K;SNAP;JWN From the Last 2 Days
SNAP
Apr 25, 2024 | 11:04 EDT
Snap (SNAP) is expected to report results of its first quarter on Thursday, October 25, with a conference call scheduled for 5:30 pm EDT. What to watch... To see the rest of the story go to thefly.com. See Story Here
SNAP
Apr 25, 2024 | 05:37 EDT
Meta (META), Google (GOOGL), Snap (SNAP), and Amazon (AMZN) all benefit from the U.S.' ban of TikTok, The Washington Post's Will Oremus reports. Meta CEO Mark Zuckerberg criticized TikTok's Chinese roots in 2019, part of Meta's broader campaign, Oremus writes. Reference Link
SNAP
Apr 24, 2024 | 18:48 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here
SNAP
Apr 24, 2024 | 15:42 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news.  TIK TOK BAN... To see the rest of the story go to thefly.com. See Story Here
SNAP
Apr 24, 2024 | 11:18 EDT
TikTok Policy issued the following statement on the enactment of "the TikTok Ban": "This unconstitutional law is a TikTok ban, and we will challenge it in court. We believe the facts and the law are clearly on our side, and we will ultimately prevail. The fact is, we have invested billions of dollars to keep U.S. data safe and our platform free from outside influence and manipulation. This ban would devastate seven million businesses and silence 170 million Americans. As we continue to challenge this unconstitutional ban, we will continue investing and innovating to ensure TikTok remains a space where Americans of all walks of life can safely come to share their experiences, find joy, and be inspired." Publicly traded companies in the social media space that compete with TikTok include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS) and Snap (SNAP). Reference Link
SNAP
Apr 23, 2024 | 13:19 EDT
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report first quarter 2024 results after market close on Wednesday, April 24 with a conference call scheduled for 5 pm ET. Here's what to... To see the rest of the story go to thefly.com. See Story Here