Citi analyst Christian Wetherbee lowered his price target for XPO Logistics (XPO) to $75 from $80 after spending time with management and keeps a Buy rating on the shares. The analyst reduced his adjusted EBITDA estimates for the first half of 2019 on expectations for slower year-over-year growth as a result of lost last mile business. However, Wetherbee expects XPO's growth to be better in the second half of 2019 as the company laps a customer bankruptcy in Q3 and the loss of its largest customer in Q4. He also expects XPO's Amazon (AMZN) business to "further roll off over the next three years in Contract Logistics and Last Mile." It is possible that XPO is left with $100M of its current $300M in Amazon revenue over time, Wetherbee tells investors in a research note.

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

What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... 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

Amazon (AMZN) has renewed its latest hit Prime Video series "Fallout" for a second season, Variety's Joe Otterson reports. The news comes after Variety previously reported that a second season was slated to receive $25M in tax credits by shooting in the state of California. The "Fallout" franchise is published by Bethesda, which Microsoft (MSFT) acquired in 2021. Reference Link

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

Sales of video games in Bethesda's "Fallout" series have surged across Europe, with 2015's "Fallout 4" reclaiming the top spot, Gamesindustry.biz's Christopher Dring reports. Sales of "Fallout 4" jumped 7,500% week-on-week across Europe, due to some heavy discounting on games in the "Fallout" franchise across all platforms designed to tie-in with Amazon Prime's (AMZN) "Fallout" television series, Dring says, citing GSD data. 2018's "Fallout 76," 2010's "Fallout: New Vegas," and 2008's "Fallout 3" rounded out Europe's weekly top ten as well, Dring says. The Fly notes that Microsoft (MSFT) acquired Bethesda in 2021. Reference Link

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

Big River Services International sells around $1M a year in goods in e-commerce marketplaces and is an arm of Amazon that gathers intelligence on the company's competitors, Dana Mattioli and Sarah Nassauer of The Wall Street Journal reports. Big River uses its sales across multiple countries to gather pricing data, logistics, and other details about rival marketplaces, people familiar with the matter told the Journal. Reference Link