Breaking News Instant updates and real-time market news.

MRVL

Marvell

$13.01

0.14 (1.09%)

, AMD

AMD

$6.73

0.06 (0.90%)

08:59
10/19/16
10/19
08:59
10/19/16
08:59

Intel Q4 PC commentary negative for Marvell, others resilient says Pacific Crest

Pacific Crest notes that Intel (INTC) said its PC customers are poised to reduce their inventories in Q4. The firm says that the comment is negative for Marvell (MRVL). However, the firm believes that Advanced Micro Devices (AMD), NVIDIA (NVDA), ON Semiconductor (ON) and Synaptics (SYNA) are "most resilient" to this development, given their share gains, growth and other factors.

MRVL

Marvell

$13.01

0.14 (1.09%)

AMD

AMD

$6.73

0.06 (0.90%)

NVDA

Nvidia

$66.61

1 (1.52%)

ON

ON Semiconductor

$11.67

0.16 (1.39%)

INTC

Intel

$37.75

0.46 (1.23%)

  • 20

    Oct

  • 08

    Nov

  • 08

    Nov

  • 09

    Nov

  • 09

    Nov

  • 14

    Nov

  • 14

    Nov

  • 15

    Nov

  • 16

    Nov

  • 16

    Nov

  • 21

    Nov

  • 22

    Nov

MRVL Marvell
$13.01

0.14 (1.09%)

09/07/16
BMUR
09/07/16
NO CHANGE
Target $15
BMUR
Buy
Marvell new strategic plan focuses on core markets, says Brean Capital
Brean Capital analyst Mike Burton said Marvell's new strategic plan is to focus on core markets. The analyst believes a restructuring or major cost cutting initiative is the likely next step toward its goals. Burton is optimistic about the new management team and senses the company guidance is conservative. Burton reiterated his Buy rating and $15 price target on Marvell shares.
10/12/16
FBCO
10/12/16
UPGRADE
Target $17.5
FBCO
Outperform
Marvell upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst John Pitzer upgraded Marvell to Outperform and raised its price target to $17.50 from $13.50. The analyst believes the new management team is still in the early stages of a turnaround which will support operating margin expansion. Pitzer sees catalysts from reduced operating expenses and the ability to invest in growth initiatives, upside to Q3 guidance, and for the company to resume share buybacks.
09/20/16
SUSQ
09/20/16
INITIATION
Target $13
SUSQ
Neutral
Marvell initiated with a Neutral at Susquehanna
Susquehanna analyst Christopher Rolland initiated Marvell with a Neutral and a $13 price target due to valuation and an aged product portfolio.
09/19/16
CHLM
09/19/16
NO CHANGE
CHLM
Craig-Hallum says to buy Western Digital, Seagate, Marvell and AMD
Craig-Hallum analyst Christian Schwab says to buy Western Digital (WDC), Seagate (STX), Marvell (MRVL), and AMD (AMD) following Intel's (INTC) raised Q3 guidance on PC strength. Schwab believes there is solid demand and a healthy pricing environment in both HDD and NAND.
AMD AMD
$6.73

0.06 (0.90%)

10/17/16
OPCO
10/17/16
UPGRADE
OPCO
Perform
AMD upgraded to Perform from Underperform at Oppenheimer
Oppenheimer analyst Rick Schafer upgraded AMD to Perform citing lower balance sheet risk and improved near-term sales trends ahead of the company's Q3 results.
10/12/16
10/12/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Positive from Negative at OTR Global with the firm saying its checks indicate iPhone 7 launch orders are above last year's model launch, with fourth quarter order gains and stable inventories. 2. Procter & Gamble (PG) upgraded to Buy from Hold at Argus with analyst John Staszak citing the company's plans to accelerate Research & Development and advertising spending, as well as recent positive earnings surprises. 3. Barracuda (CUDA) upgraded to Overweight from Neutral at Piper Jaffray with analyst Andrew Nowinski saying the company reported "another strong quarter" and its transition to a subscription-based cloud portfolio is nearly complete. 4. AMD (AMD) upgraded to Neutral from Underperform at Credit Suisse with analyst John Pitzer saying near-term momentum will continue to offset longer-term concerns around lack of scale. 5. Motorola Solutions (MSI) upgraded to Outperform from Market Perform at BMO Capital with analyst Tim Long saying he expects organic revenue growth to return later this year and sees the company's investment in smart public safety software to help expansion beyond hardware. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/12/16
FBCO
10/12/16
UPGRADE
Target $7
FBCO
Neutral
AMD upgraded to Neutral from Underperform at Credit Suisse
Credit Suisse analyst John Pitzer upgraded AMD to Neutral and raised its price target to $7 from $5.50 saying near-term momentum will continue to offset longer-term concerns around lack of scale. The analyst sees catalysts from conservative Q3/Q4 guidance, recent funding that significantly improved the balance sheet and liquidity, flexibility from the renegotiation of WSA, the Zen product launch in 2017, and potential monetization of its valuable IP.
10/17/16
10/17/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Wells Fargo (WFC) upgraded to Market Perform from Underperform at BMO Capital with analyst James Fotheringham. 2. AMD (AMD) upgraded to Perform from Underperform at Oppenheimer with analyst Rick Schafer citing lower balance sheet risk and improved near-term sales trends ahead of the company's third quarter results. 3. Groupon (GRPN) upgraded to Outperform from Neutral at Wedbush with analyst Aaron Turner saying he expects the company's "large valuation discrepancy" relative to peers to close following its third quarter earnings report. 4. Michael Kors KORS) upgraded to Mixed from Negative at OTR Global. 5. PNC Financial (PNC) upgraded to Buy from Hold at Argus with analyst Stephen Biggar saying PNC is well positioned to benefit from rising rates and it is making progress on a range of strategic initiatives, including expansion in the Southeast and in the Chicago area, where increased brand awareness has led to good growth in both retail and commercial banking. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
NVDA Nvidia
$66.61

1 (1.52%)

09/20/16
SUSQ
09/20/16
INITIATION
Target $66
SUSQ
Neutral
NVIDIA initiated with a Neutral at Susquehanna
Susquehanna analyst Christopher Rolland initiated NVIDIA with a Neutral and a $66 price target due to valuation.
09/19/16
RHCO
09/19/16
INITIATION
Target $59
RHCO
Neutral
NVIDIA initiated with a Neutral at SunTrust
SunTrust analyst William Stein initiated NVIDIA with a Neutral and a $59 price target saying shares are failry valued.
10/03/16
BOFA
10/03/16
NO CHANGE
Target $80
BOFA
Buy
NVIDIA price target raised to $80 from $72 at BofA/Merrill
BofA/Merrill analyst Vivek Arya raised NVIDIA's price target to $80 from $72 following checks. The analyst said its survey indicates NVIDIA is maintaining an 80% share with its GTX 1060 card with 70% higher content versus last year, Deep Learning could drive upside as emerging applications take hold, and the company has potential $4 in earnings power over the next 3-4 years, higher than his previous $3 estimate. Arya rates NVIDIA a Buy and a top pick.
09/20/16
RHCO
09/20/16
INITIATION
RHCO
Neutral
NVIDIA initiated at SunTrust
As noted earlier, SunTrust initiated NVIDIA with a Neutral rating. Analyst William Stein thinks the stock will be boosted over the long-term by the proliferation of workload acceleration and artificial intelligence in data centers and automobiles. However, he thinks that the company's revenue growth appears to be peaking, as the outlook for its professional visualization, OEM, and IP end markets is negative, according to the analyst. He says that these end markets represent 22% of its sales.
ON ON Semiconductor
$11.67

0.16 (1.39%)

10/03/16
10/03/16
UPGRADE
Target $16

Overweight
ON Semiconductor upgraded to Overweight at Stephens
As previously reported, Stephens analyst Harsh Kumar upgraded ON Semiconductor to Overweight from Equal-Weight, saying he believes the Fairchild acquisition will be transformative to the company, and that there is some additional upside to earnings from an accretion standpoint. The analyst believes the quarter is trending positively and says valuation remains attractive. He also raised his price target on the shares to $16 from $11.
09/22/16
09/22/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Amazon.com (AMZN) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying he believes Amazon is currently growing and expanding margins faster than the stock price has been rising. 2. SeaWorld (SEAS) upgraded to Buy from Neutral at Citi with analyst Jason Bazinet saying the risk/reward looks attractive at current share levels. 3. Brookfield (BAM) upgraded to Top Pick from Outperform at RBC Capital with analyst Neil Downey saying the company is executing well, while its valuation is favorable compared with other names in the sector and it has key competitive advantages. 4. ON Semiconductor (ON) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Craig Hattenbach saying the Fairchild acquisition will add 16c to 2017 earnings and is less negative on ON Semiconductor shares given the upward bias to estimates. 5. Atwood Oceanics (ATW) upgraded to Neutral from Sell at Clarksons Platou. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/22/16
09/22/16
UPGRADE
Target $12

Equal Weight
ON Semiconductor upgraded to Equal Weight from Underweight at Morgan Stanley
As previously reported, Morgan Stanley upgraded ON Semiconductor to Equal Weight from Underweight and increased its price target to $12 from $10. Analyst Craig Hattenbach said the Fairchild acquisition will add 16c to 2017 earnings and is less negative on ON Semiconductor shares given the upward bias to estimates.
10/03/16
SPHN
10/03/16
UPGRADE
SPHN
Overweight
ON Semiconductor upgraded to Overweight from Equal Weight at Stephens
INTC Intel
$37.75

0.46 (1.23%)

10/19/16
ROTH
10/19/16
NO CHANGE
Target $40
ROTH
Buy
Roth Capital cuts Intel price target after guidance disappoints
Roth Capital analyst Suji Desilva lowered his price target for Intel to $40 from $43 after disappointing guidance. However, the analyst expects the shares to recover with a reset of expectations. Desilva continues to be encouraged by the company's transition to growth areas such as cloud data center, networking and IoT, and by the stable margin profile. He reiterates a Buy rating on the shares.
10/19/16
BARD
10/19/16
NO CHANGE
Target $42
BARD
Outperform
Intel fundamentals improving despite server shortfall, says Baird
Baird analyst Tristan Gerra believes Intel will maintain its 40% market share in mobile resulting in a continued decline in its mobile losses in 2017. The analyst noted the company lowered its outlook for client data center groups, which could weigh on the shares for the remainder of the year. Gerra believes the longer-term fundamentals remain intact with a still rising DCG mix, stabilization in PC comps, and further reductions in mobile losses driving a sustainable resumption in earnings growth. Gerra reiterated his Outperform rating and $42 price target on Intel shares.
10/19/16
JEFF
10/19/16
NO CHANGE
Target $46
JEFF
Buy
Intel Q4 outlook 'disappointing, but beatable,' says Jefferies
Jefferies analyst Mark Lipacis says Intel issued a "disappointing, but beatable" outlook for Q4. The guidance, which calls for below seasonal growth and gross margin decline of 180 basis points, appears conservative, Lipacis tells investors in a post-earnings research note. He lowered his price target for Intel shares to $46 from $49 but keeps a Buy rating on the name. The analyst likes the "gross margin setup" into 2017.
10/19/16
10/19/16
NO CHANGE

Intel data center results bode badly for several stocks, says Pacific Crest
Pacific Crest says that Intel's (INTC) data center results and commentary were "modestly disappointing," as enterprise demand for the company's data center products was "weak," according to the firm. The firm thinks that the negative enterprise results are "modestly negative for stocks with enterprise exposure, including Micron (MU), Seagate (STX) and Western Digital (WDC)."

TODAY'S FREE FLY STORIES

ESPR

Esperion

$77.20

2.24 (2.99%)

05:06
01/22/18
01/22
05:06
01/22/18
05:06
Downgrade
Esperion rating change  »

Esperion downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VRX

Valeant

$21.52

-0.58 (-2.62%)

05:02
01/22/18
01/22
05:02
01/22/18
05:02
Recommendations
Valeant analyst commentary  »

Valeant selloff Friday…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Feb

  • 18

    Jun

  • 27

    Aug

WP

Worldpay

$78.73

-0.35 (-0.44%)

04:57
01/22/18
01/22
04:57
01/22/18
04:57
Recommendations
Worldpay analyst commentary  »

Worldpay price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

QDEL

Quidel

$46.93

0.46 (0.99%)

, QGEN

Qiagen

$32.87

0.31 (0.95%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Recommendations
Quidel, Qiagen analyst commentary  »

Quidel price target…

QDEL

Quidel

$46.93

0.46 (0.99%)

QGEN

Qiagen

$32.87

0.31 (0.95%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

04:55
01/22/18
01/22
04:55
01/22/18
04:55
General news
Breaking General news story  »

4-Week Bill Announcement…

MCO

Moody's

$159.18

1.6 (1.02%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Moody's management to meet with RBC Capital »

RBC Capital Analyst…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 09

    Feb

AKTX

Akari Therapeutics

$3.59

-0.01 (-0.28%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Akari Therapeutics management to meet with William Blair »

Group luncheon to be held…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

SANM

Sanmina

$35.45

0.5 (1.43%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Sanmina to hold a conference call »

Management holds an…Webcast Link

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 29

    Jan

04:55
01/22/18
01/22
04:55
01/22/18
04:55
General news
Breaking General news story  »

6-Month Bill Auction to…

JAGX

Jaguar Health

$0.16

-0.0169 (-9.83%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Jaguar Health to hold a conference call »

Management provides an…Webcast Link

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

FE

FirstEnergy

$29.40

-0.16 (-0.54%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
FirstEnergy participates in a webcast with Wolfe Research »

Utilities Analyst…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
UBS REITs analyst holds an analyst/industry conference call »

REITs Analyst Yulico…

BNED

Barnes & Noble Education

$7.70

0.25 (3.36%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Barnes & Noble Education management to meet with Sidoti »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 23

    Jan

LLEX

Lilis Energy

$4.99

-0.12 (-2.35%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Lilis Energy management to meet with Seaport Global »

Meetings to be held on…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 23

    Jan

  • 24

    Jan

  • 30

    Jan

  • 31

    Jan

NAVG

Navigators

$49.65

0.4 (0.81%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Navigators management to meet with William Blair »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 16

    Feb

PETS

PetMed Express

$53.24

2.67 (5.28%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Technical Analysis
Technical Earnings Preview: PetMed Express at life highs before news »

The stock is at life…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

04:55
01/22/18
01/22
04:55
01/22/18
04:55
General news
Chicago Fed National Activity Index Level to be reported at 08:30 »

December Chicago Fed…

04:55
01/22/18
01/22
04:55
01/22/18
04:55
General news
Breaking General news story  »

3-Month Bill Auction to…

ADP

ADP

$121.44

0.54 (0.45%)

, CSOD

Cornerstone OnDemand

$40.12

0.48 (1.21%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Stephens enterprise software analyst holds analyst/industry conference call »

Enterprise Software…

ADP

ADP

$121.44

0.54 (0.45%)

CSOD

Cornerstone OnDemand

$40.12

0.48 (1.21%)

MSFT

Microsoft

$90.00

-0.1 (-0.11%)

ORCL

Oracle

$50.58

0.35 (0.70%)

PAYC

Paycom

$91.19

2.07 (2.32%)

PCTY

Paylocity

$49.99

0.33 (0.66%)

SAP

SAP

$113.20

1.53 (1.37%)

ULTI

Ultimate Software

$227.99

-0.84 (-0.37%)

WDAY

Workday

$114.11

0.83 (0.73%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 22

    Jan

  • 26

    Jan

  • 31

    Jan

  • 31

    Jan

  • 06

    Feb

  • 06

    Feb

  • 07

    Feb

  • 13

    Feb

  • 26

    Feb

  • 13

    Mar

  • 14

    Mar

IVC

Invacare

$16.91

0.26 (1.56%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Invacare management to meet with Sidoti »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 08

    Feb

PAYC

Paycom

$91.19

2.07 (2.32%)

, ALRM

Alarm.com

$38.73

-0.7 (-1.78%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
Jefferies software analyst holds an analyst/industry conference call »

Software Analyst DiFucci…

PAYC

Paycom

$91.19

2.07 (2.32%)

ALRM

Alarm.com

$38.73

-0.7 (-1.78%)

CA

CA Technologies

$34.07

-0.12 (-0.35%)

RHT

Red Hat

$125.94

0.47 (0.37%)

ORCL

Oracle

$50.58

0.35 (0.70%)

SSNC

SS&C

$49.98

0.04 (0.08%)

VMW

VMware

$136.04

0.41 (0.30%)

CTXS

Citrix

$92.72

1.34 (1.47%)

MSFT

Microsoft

$90.00

-0.1 (-0.11%)

SYMC

Symantec

$27.46

0.21 (0.77%)

PANW

Palo Alto Networks

$157.22

-0.6 (-0.38%)

APTI

Apptio

$24.79

0.56 (2.31%)

CHKP

Check Point

$104.48

1.28 (1.24%)

NICE

Nice

$93.60

-0.23 (-0.25%)

SPLK

Splunk

$89.94

-1.49 (-1.63%)

RNG

RingCentral

$54.15

0.95 (1.79%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 22

    Jan

  • 23

    Jan

  • 30

    Jan

  • 31

    Jan

  • 31

    Jan

  • 31

    Jan

  • 31

    Jan

  • 05

    Feb

  • 06

    Feb

  • 06

    Feb

  • 06

    Feb

  • 07

    Feb

  • 07

    Feb

  • 12

    Feb

  • 26

    Feb

  • 27

    Feb

HAL

Halliburton

$53.01

0.65 (1.24%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Technical Analysis
Technical Earnings Preview: Halliburton has a potential bullish pattern »

There is a potential…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

HPQ

HP Inc.

$23.70

0.41 (1.76%)

04:55
01/22/18
01/22
04:55
01/22/18
04:55
Conference/Events
HP Inc. to hold a webcast »

Global Head of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

KMG

KMG Chemicals

04:52
01/22/18
01/22
04:52
01/22/18
04:52
Initiation
KMG Chemicals initiated  »

KMG Chemicals initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Feb

  • 16

    Feb

KCDMY

Kimberly-Clark de Mexico

$9.44

0.05 (0.53%)

04:51
01/22/18
01/22
04:51
01/22/18
04:51
Downgrade
Kimberly-Clark de Mexico rating change  »

Kimberly-Clark de Mexico…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.