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GOOG

Alphabet

$785.94

10.86 (1.40%)

, GOOGL

Alphabet Class A

$814.17

13.46 (1.68%)

12:41
10/11/16
10/11
12:41
10/11/16
12:41

Google introduces group plans for Project Fi mobile network

Google introduces group plans for its Project Fi mobile network. Google says, "Our plan starts with the Fi Basics for $20 per month. Group plans let you add friends and family for $15 per month. You should never pay for something you don't use. So if you're under your monthly data allotment, we credit the money back to your account. And if you're over, there are no penalties, you get charged at the same rate of $10 per GB. Simple. Group Plans let you easily add up to five people to your plan at $15 per month each. You can manage your account, keep track of data usage, and pay your bill all from one place. Data is the same $10 per GB rate for everyone." Reference Link

GOOG

Alphabet

$785.94

10.86 (1.40%)

GOOGL

Alphabet Class A

$814.17

13.46 (1.68%)

  • 11

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GOOG Alphabet
$785.94

10.86 (1.40%)

09/28/16
MZHO
09/28/16
DOWNGRADE
Target $15
MZHO
Underperform
Mizuho cuts Twitter to Underperform with $15 price target
Mizuho analyst Neil Doshi downgraded Twitter to Underperform from Neutral based on valuation. The shares are up 45% since the company reported Q2 results, primarily driven by potential buyout comments in media reports, Doshi tells investors in a research note. The stock at current levels is overvalued as Twitter's business fundamentals "have deteriorated significantly" over the past 12 months, the analyst contends. Doshi believes many of the M&A scenarios are unlikely to play out. He puts potential acquirers Salesforce (CRM) and Alphabet (GOOG, GOOGL) in the "maybe" camp, but he still has some reservations about these deals happening. The analyst believes investors of both companies would view a buyout of Twitter as negative. Doshi keeps a $15 price target for Twitter shares. The stock closed yesterday up 35c to $23.72. Loop Capital this morning also downgraded Twitter to Sell.
09/28/16
09/28/16
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. Alphabet (GOOG, GOOGL) downgraded to Underperform from Neutral at Wedbush with analyst James Dix citing concerns that the "Four Horsemen of the Search Apocalypse" -- self-identified consumers, consumer control of IP-delivered ads, payments innovation, and attention markets -- might arrive. 2. AT&T (T) downgraded to Neutral from Buy at UBS with analyst John Hodulik citing expectations for lower earnings growth. 3. Macy's (M) downgraded to Neutral from Outperform at Credit Suisse with analyst Michael Exstein saying the retailer, after outlining in August its operations and merchandising strategies, is now in an execution phase. 4. Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho and to Sell from Hold at Loop Capital. 5. Galectin Therapeutics (GALT) downgraded to Sell from Buy at Roth Capital with analyst Sa'ar Yaniv citing the company's announcement that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/16
SBSH
10/06/16
NO CHANGE
Target $89
SBSH
Buy
Citi says Salesforce buying Twitter 'nearly impossible' above $28/share
Citi analyst Walter Pritchard believes a Salesforce (CRM) acquisition of Twitter (TWTR) is possible financially but that such a deal would put "significant constraints" on the company for the next three-plus years. The analyst sees "very little reason" for Salesforce to own Twitter and feels the acquisition "would pose a difficult decision" for CEO Marc Benioff and the board. Salesforce closed yesterday down 6%, or $4.21, to $68.42. Recode reported last night that the company is likely the only bidder left for Twitter after Disney (DIS) and Alphabet (GOOG) opted not to pursue a deal while Apple (AAPL) is unlikely. Twitter in pre-market trading is down 14% to $21.50. In order for Salesforce to avoid a shareholder vote, it would have to borrow $7.5B to fund the transaction if Twitter were valued at $20B, or $27.50-$28 per share, Pritchard tells investors in a research note. This is a level that likely constrains the company with little additional borrowing capacity for other deals, the analyst contends. He thinks the deal is "nearly impossible to do" for Salesforce should the bidding for Twitter go above $20B or $28 per share. Pritchard has a Buy rating on Salesforce with an $89 price target.
10/10/16
WELS
10/10/16
NO CHANGE
WELS
Alphabet, Facebook can meet Street estimates, says Wells Fargo
Wells Fargo says that investors are concerned about the ability of Facebook (FB) and Google (GOOG,GOOGL) to meet Street estimates because forecasts continue to indicate that TV's ad share will be relatively stable over the next two years. But Wells says that Facebook and Google will continue to gain share from "non-TV media" and could see increased revenue from "non-advertising marketing services" such as sponsorships and public relations. Wells keeps Outperform ratings on both stocks.
GOOGL Alphabet Class A
$814.17

13.46 (1.68%)

09/30/16
RBCM
09/30/16
NO CHANGE
RBCM
Street underestimating Google growth outlook, says RBC Capital
RBC Capital analyst Mark Mahaney expects Google to end 2016 with "up to 20% growth," versus the Street's outlook of mid teen percentage level growth. Mahaney says that Google's growth should be boosted by "ongoing Search innovations, rising Mobile CPCs, and the growing impact of YouTube, Play & Cloud." He thinks that YouTube's revenue is growing at a 30%-40% clip. Mahaney raised his price target on the stock to $1,025 from $1,000 and keeps an Outperform rating on the shares.

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ADTN

Adtran

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PSTG

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Presidio

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IDTI

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$31.75

-0.54 (-1.67%)

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Marvell

$23.58

-0.26 (-1.09%)

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Marvell

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WWR

Westwater Resources

$1.01

-0.0449 (-4.26%)

05:20
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IBM

IBM

$163.85

0.71 (0.44%)

, AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

05:20
01/17/18
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05:20
Upgrade
IBM, Amazon.com, Microsoft rating change  »

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IBM

IBM

$163.85

0.71 (0.44%)

AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

MSFT

Microsoft

$88.35

-1.25 (-1.40%)

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HPQ

HP Inc.

$22.88

-0.04 (-0.17%)

05:15
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HP Inc. rating change  »

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WPZ

Williams Partners

$43.01

-0.18 (-0.42%)

05:14
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WMB

Williams

$32.59

-0.62 (-1.87%)

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SPGYF

Whitecap Resources

$7.69

0.0258 (0.34%)

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WES

Western Gas Partners

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WGP

Western Gas Equity

$41.76

-0.36 (-0.85%)

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VLP

Valero Energy Partners

$46.58

-0.11 (-0.24%)

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TRGP

Targa Resources

$50.75

-0.69 (-1.34%)

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PAGP

Plains GP Holdings

$23.41

-0.73 (-3.02%)

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PAA

Plains All American

$22.90

-1.06 (-4.42%)

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PSXP

Phillips 66 Partners

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0.58 (1.05%)

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OKE

Oneok

$58.80

0.13 (0.22%)

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MPLX

MPLX

$38.28

-0.5 (-1.29%)

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DKL

Delek Logistics

$32.40

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AETUF

ARC Resources

$11.15

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CEQP

Crestwood Equity

$27.25

0.35 (1.30%)

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  • 22

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BWP

Boardwalk Pipeline

$13.63

-0.09 (-0.66%)

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AMGP

Antero Midstream GP

$21.00

-0.04 (-0.19%)

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