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MU

Micron

$20.58

-0.07 (-0.34%)

, WDC

Western Digital

$69.22

0.27 (0.39%)

09:55
12/22/16
12/22
09:55
12/22/16
09:55

Early notable gainers among liquid option names on December 22nd

Notable gainers among liquid option names this morning include Micron (MU) $23.09 +2.52, Western Digital (WDC) $71.28 +2.05, ConAgra (CAG) $39.06 +1.08, Marathon Petroleum (MPC) $50.10 +1.11, and NVIDIA (NVDA) $107.74 +1.92.

MU

Micron

$20.58

-0.07 (-0.34%)

WDC

Western Digital

$69.22

0.27 (0.39%)

CAG

Conagra Brands

$39.05

1.05 (2.76%)

MPC

Marathon Petroleum

$49.51

0.52 (1.06%)

NVDA

Nvidia

$105.83

0.66 (0.63%)

  • 22

    Dec

  • 05

    Jan

MU Micron
$20.58

-0.07 (-0.34%)

12/22/16
12/22/16
UPGRADE
Target $33

Buy
Micron upgraded to Buy after results at Needham
As previously reported, Needham analyst Rajvindra Gill upgraded Micron to Buy from Underperform, with a $33 price target, following the company's "significant beat and raise" this quarter. The analyst believes Micron has regained its customer positioning in 20nm, is successfully migrating to 3D NAND and is benefiting from a substantially better pricing environment in DRAM.
12/22/16
CRSS
12/22/16
UPGRADE
CRSS
Buy
Micron upgraded to Buy from Hold at Cross Research
12/22/16
CHLM
12/22/16
NO CHANGE
CHLM
Micron report positive for Silicon Motion, says Craig-Hallum
Craig-Hallum analyst Tony Stoss said Micron's (MU) positive report highlighted strong demand it its SSD business. Stoss believes this is a positive for Silicon Motion (SIMO) as Micron uses its controller in their SSDs. Stoss rates Silicon Motion a Buy.
12/22/16
EVER
12/22/16
NO CHANGE
Target $30
EVER
Buy
Micron price target raised to $30 from $25 at Evercore ISI
WDC Western Digital
$69.22

0.27 (0.39%)

12/07/16
DBAB
12/07/16
NO CHANGE
Target $75
DBAB
Buy
Western Digital price target raised to $75 from $68 at Deutsche Bank
Deutsche Bank analyst Sherri Scribner raised her price target for Western Digital to $75 following the company's analyst day. The analyst sees three highlights from the day, namely a positive update to Q2 guidance, the unveiling of a better than expected long-term financial model and the finalization of an eight year renewal of an IP licensing and royalty agreement with Samsung. Scribner keeps a Buy rating on Western Digital.
12/20/16
GSCO
12/20/16
UPGRADE
Target $68
GSCO
Neutral
Western Digital upgraded to Neutral from Sell at Goldman
Goldman Sachs analyst Mark Delaney upgraded Western Digital to Neutral after his industry discussions indicated that NAND prices may be up 5%-10% quarter-over-quarter in Q1 of 2017. Further, the analyst sees benefits for the company from the weakening yen. He raised his price target for Western Digital shares to $68 from $53.
12/08/16
CRSS
12/08/16
UPGRADE
CRSS
Buy
Western Digital upgraded to Buy from Hold at Cross Research
12/07/16
BMUR
12/07/16
NO CHANGE
Target $100
BMUR
Buy
Brean Capital ups Western Digital target to $100, but says could be conservative
Brean Capital analyst Ananda Baruah raised his price target on Western Digital to $100 from $97, but feels it could be conservative. The analyst cited the company's preannouncement of December earnings setting a high run rate, which could be increased with the synergies from its acquisition of SanDisk. He also cited the Samsung patent royalty renewals beginning in August, which will add to earnings. Baruah feels $120-$140 for Western Digital is ultimately possible and he reiterated his Buy rating on the shares.
CAG Conagra Brands
$39.05

1.05 (2.76%)

11/30/16
JEFF
11/30/16
NO CHANGE
Target $43
JEFF
Buy
Conagra Brands price target lowered to $43 on Lamb Weston spinoff at Jefferies
Jefferies analyst Akshay Jagdale adjusted estimates for Conagra Brands (CAG) to reflect the spin off of Lamb Weston (LW) and lowered the firm's price target on the stock to $43 from $56. Jagdale keeps a Buy rating on Conagra, citing its margin expansion opportunity, cash generation potential, M&A optionality and attractive valuation.
11/14/16
11/14/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Conagra Brands (CAG) initiated with a Neutral at UBS. 2. CRISPR Therapeutics (CRSP) initiated with an Overweight at Barclays, an Overweight at Piper Jaffray, and a Buy at Guggenheim. 3. Forterra (FRTA) initiated with a Neutral at Goldman, an Outperform at RBC Capital, a Buy at Citi, an Outperform at Oppenheimer, a Hold at Deutsche Bank, and a Buy at SunTrust. 4. iRhythm Technologies (IRTC) initiated with an Overweight at JPMorgan, a Buy at BTIG, a Buy at Canaccord, and an Overweight at Morgan Stanley. 5. Teva (TEVA) reinstated with an Equal Weight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/14/16
UBSW
11/14/16
INITIATION
Target $36
UBSW
Neutral
Conagra Brands initiated with a Neutral at UBS
UBS analyst Steven Strycula started Conagra Brands with a Neutral rating and $36 price target. The analyst sees low sales visibility and prefers to wait for a more attractive risk/reward profile.
11/09/16
11/09/16
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. ConAgra (CAG) resumed with an Overweight at JPMorgan. 2. Lydall (LDL) initiated with a Buy at Roth Capital. 3. Points International (PCOM) initiated with a Buy at Citi. 4. Vanda (VNDA) initiated with a Buy at Aegis. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
MPC Marathon Petroleum
$49.51

0.52 (1.06%)

12/12/16
WELS
12/12/16
UPGRADE
WELS
Outperform
Tesoro upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Roger Read upgraded Tesoro (TSO) to Outperform saying the outlook for refiners has become more positive following the recent presidential election and OPEC's production cuts. The analyst raised his price target range for the shares to $100-$105 from $90-$94. His top pick in the space remains Marathon Petroleum (MPC).
12/07/16
JPMS
12/07/16
UPGRADE
Target $57
JPMS
Overweight
Marathon Petroleum upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Phil Gresh upgraded Marathon Petroleum to Overweight citing the potential for incremental value to be unlocked via a faster dropdown and partnership swap. The analyst raised his price target for the shares to $57 from $46.
11/08/16
MSCO
11/08/16
NO CHANGE
MSCO
Overweight
Marathon Petroleum a top idea for 2017, bull case to $70 at Morgan Stanley
Morgan Stanley analyst Evan Calio highlighted Marathon Petroleum (MPC) as a top idea for 2017 saying it has the potential to transform to a +70% mid-stream/retail company in the next 1-3 years that will re-rate shares. He believes the transformation is in the early stages and sees further upside in the potential monetization of the General Partner through an IPO or sale to MPLX (MPLX). Calio raised his price target on shares to $56 from $52 and has a new bull case to $70, and said downside is limited while risk/reward is attractive at 3:1. Marathon Petroleum is Overweight rated.
11/01/16
UBSW
11/01/16
UPGRADE
Target $44
UBSW
Neutral
Marathon Petroleum upgraded to Neutral from Sell at UBS
UBS analyst Spiro Dounis upgraded Marathon Petroleum to Neutral citing the company's newly announced plans to unlock value in the General Partner and accelerate growth at the MLP. The analyst estimates the General Partner interest in MPLX (MPLX) could be worth $4.6B-$4.8B. He raised his price target for Marathon Petroleum to $44 from $38.
NVDA Nvidia
$105.83

0.66 (0.63%)

12/20/16
GSCO
12/20/16
UPGRADE
Target $129
GSCO
Conviction Buy
NVIDIA upgraded to Conviction Buy from Buy at Goldman
Goldman analyst Toshiya Hari added NVIDIA to the Conviction Buy List and raised its price target to $129 from $92. Hari raised FY18/FY19 earnings above the Street to reflect positive developments in its data base business. He expects AI/ML capacity additions to drive TAM expansion, high barriers of entry faced by competition, and said NVIDIA continues to leverage its position to gain greater share of the ML hardware TAM. The analyst is also taking a longer-term view on the overall gaming market and expects growth of the gaming population and product refresh to drive growth in addition to VR.
12/14/16
12/14/16
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. Akamai (AKAM) upgraded to Outperform from Perform at Oppenheimer with analyst Timothy Horan saying the Trump administration and Republican-led Congress should be very positive for the Communication and Cloud sector. 2. NVIDIA (NVDA) upgraded to Buy from Hold at Evercore ISI with analyst C.J. Muse saying he expects Data Center revenues to growth at 50% CAGBR, driving consensus estimates higher. 3. 21st Century Fox (FOX, FOXA) upgraded to Buy from Hold at Brean Capital with analyst Alan Gould saying the selloff since the Sky (SKYAY) announcement is overdone. 4. Kroger (KR) upgraded to Neutral from Underweight at Piper Jaffray with analyst Sean Naughton citing an improved relative valuation and the potential for a return of food inflation. 5. SeaWorld (SEAS) upgraded to Outperform from Neutral at Macquarie with analyst Matthew Brooks citing increased confidence in the turnaround and the repair of the SeaWorld brand. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/20/16
12/20/16
UPGRADE
Target $13

Buy
AMD upgraded to Buy on deep learning and AI opportunity at Mizuho
As previously reported, Mizuho analyst Vijay Rakesh upgraded AMD (AMD) to Buy from Neutral, as he sees deep learning and AI as the next big computing paradigm and believes the company has an opportunity for deep learning with its new Radeon ProGFx/Ryzen products. He set a $13 price target on AMD shares. Rakesh, who said NVIDIA (NVDA) has solid traction in the initial Deep Learning space with GPUs and parallelism, raised his price target on its shares to $115 from $80, adding that while Intel (INTC) is a "late starter" and behind NVIDIA, it should also be a beneficiary of GPUs in the data center.
12/20/16
12/20/16
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. NVIDIA (NVDA) upgraded to Conviction Buy from Buy at Goldman with analyst Toshiya Hari saying he expects AI/ML capacity additions to drive TAM expansion, high barriers of entry faced by competition and NVIDIA continues to leverage its position to gain greater share of the ML hardware TAM. 2. Carlyle Group (CG) upgraded to Buy from Neutral at Citi with analyst William Katz saying he expects a favorable FPAUM inflection into 2017, setting the stable for the next DE upcycle, and views valuation as compelling. 3. Alcoa (AA) upgraded to Outperform from Neutral at Macquarie saying it is the best way to participate in the pick up in global GDP and recommends using any weakness to build or initiate positions. 4. AMD (AMD) upgraded to Buy on deep learning and AI opportunity at Mizuho with analyst Vijay Rakesh saying he sees deep learning and Artificial Intelligence as the next big computing paradigm and believes the company has an opportunity for deep learning with its new Radeon ProGFx/Ryzen products. 5. Caterpillar (CAT) upgraded to Positive from Mixed at OTR Global with the firm saying its checks indicate the rate of decline in year-over-year global new equipment orders has moderated in Q4 due to strength in EMEA and Asia/Pacific. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

MGLN

Magellan Health

$83.65

0.35 (0.42%)

15:18
11/24/17
11/24
15:18
11/24/17
15:18
Conference/Events
Magellan Health to hold a conference call »

Conference call to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 01

    Dec

SGMS

Scientific Games

$52.00

-0.2 (-0.38%)

15:17
11/24/17
11/24
15:17
11/24/17
15:17
Conference/Events
Scientific Games to host special shareholder meeting »

Special Shareholder…

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$NSD

NASDAQ Market Internals

15:17
11/24/17
11/24
15:17
11/24/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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$NYE

NYSE Market Internals

15:16
11/24/17
11/24
15:16
11/24/17
15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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$NSD

NASDAQ Market Internals

14:17
11/24/17
11/24
14:17
11/24/17
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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$NYE

NYSE Market Internals

14:16
11/24/17
11/24
14:16
11/24/17
14:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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03/06/13
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03/06/13
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M

Macy's

$21.07

0.44 (2.13%)

, WMT

Wal-Mart

$96.62

0.21 (0.22%)

13:29
11/24/17
11/24
13:29
11/24/17
13:29
General news
On The Fly: Top stock stories for Friday »

Stocks on Wall Street…

M

Macy's

$21.07

0.44 (2.13%)

WMT

Wal-Mart

$96.62

0.21 (0.22%)

TGT

Target

$55.88

-1.61 (-2.80%)

BASFY

BASF

$27.39

-0.13 (-0.47%)

TEVA

Teva

$13.70

0.22 (1.63%)

CBS

CBS

$56.54

0.3 (0.53%)

DISH

Dish

$50.43

0.39 (0.78%)

ASX

Advanced Semiconductor

$7.07

0.76 (12.04%)

SPIL

Siliconware Precision

$7.94

-0.05 (-0.63%)

QD

Qudian

$12.22

-3.93 (-24.33%)

BABA

Alibaba

$191.19

1.35 (0.71%)

VIPS

Vipshop

$8.14

-0.3 (-3.55%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 24

    Nov

  • 20

    Feb

  • 18

    Mar

AFL

Aflac

$85.00

-0.05 (-0.06%)

13:26
11/24/17
11/24
13:26
11/24/17
13:26
Conference/Events
Aflac to hold a conference call »

Conference call to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 01

    Dec

GBL

GAMCO Investors

, WTS

Watts Water

$72.65

0.15 (0.21%)

13:26
11/24/17
11/24
13:26
11/24/17
13:26
Hot Stocks
Breaking Hot Stocks news story on GAMCO Investors, Watts Water »

Gabelli reports 6.69%…

GBL

GAMCO Investors

WTS

Watts Water

$72.65

0.15 (0.21%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 04

    Dec

CC

Chemours

$53.31

0.45 (0.85%)

13:23
11/24/17
11/24
13:23
11/24/17
13:23
Conference/Events
Chemours to host investor day »

Investor Day to be held…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 01

    Dec

$NSD

NASDAQ Market Internals

13:17
11/24/17
11/24
13:17
11/24/17
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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$NYE

NYSE Market Internals

13:16
11/24/17
11/24
13:16
11/24/17
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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03/08/13
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03/06/13
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03/06/13
Barclays

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AIMT

Aimmune

$35.74

0.16 (0.45%)

13:09
11/24/17
11/24
13:09
11/24/17
13:09
Conference/Events
Aimmune to hold an investor symposium »

Investor Symposium…

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03/06/13
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03/06/13
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  • 28

    Nov

PN

Patriot National

12:57
11/24/17
11/24
12:57
11/24/17
12:57
Hot Stocks
Breaking Hot Stocks news story on Patriot National »

Patriot National trading…

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03/06/13
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03/06/13
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CMCM

Cheetah Mobile

$12.02

-0.4 (-3.22%)

12:55
11/24/17
11/24
12:55
11/24/17
12:55
Options
Cheetah Mobile put volume heavy and directionally bearish »

Bearish flow noted in…

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GM

General Motors

$44.47

0.1828 (0.41%)

12:53
11/24/17
11/24
12:53
11/24/17
12:53
Conference/Events
General Motors holds an investor an analyst webcast »

Management hosts a…

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  • 30

    Nov

  • 09

    Jan

  • 16

    Jan

12:45
11/24/17
11/24
12:45
11/24/17
12:45
General news
Breaking General news story  »

Week of 11/24…

EBAY

eBay

$35.94

-0.02 (-0.06%)

, OSTK

Overstock.com

$61.05

0.6 (0.99%)

12:43
11/24/17
11/24
12:43
11/24/17
12:43
Periodicals
Adobe: Black Friday online sales up 18.4% y/y as of 10:00 am ET, CNBC says »

According to Adobe…

EBAY

eBay

$35.94

-0.02 (-0.06%)

OSTK

Overstock.com

$61.05

0.6 (0.99%)

AMZN

Amazon.com

$1,156.16

16.67 (1.46%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 27

    Nov

  • 18

    Mar

EEM

MSCI Emerging Markets Index

$47.71

-0.1029 (-0.22%)

12:30
11/24/17
11/24
12:30
11/24/17
12:30
Options
Hefty option block in iShares Emerging Markets Fund »

Hefty option block in…

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03/06/13
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12:30
11/24/17
11/24
12:30
11/24/17
12:30
General news
Treasury Action: the bond market remains adrift in light, holiday trading »

Treasury Action: the bond…

NEPT

Neptune Technologies

$1.18

-0.0101 (-0.85%)

12:29
11/24/17
11/24
12:29
11/24/17
12:29
Conference/Events
Neptune Technologies to hold a meeting »

Business Update Meeting…

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XLK

Technology Select Sector SPDR

$64.52

0.375 (0.58%)

, XLY

Consumer Discretionary Sector SPDR

$94.58

0.19 (0.20%)

12:29
11/24/17
11/24
12:29
11/24/17
12:29
Technical Analysis
On The Fly: Weekly technical notes for S&P 500 »

The S&P 500 (SPX) has…

XLK

Technology Select Sector SPDR

$64.52

0.375 (0.58%)

XLY

Consumer Discretionary Sector SPDR

$94.58

0.19 (0.20%)

XLP

Consumer Staples Sector SPDR

$54.80

-0.01 (-0.02%)

XLB

S&P Select Materials SPDR

$58.84

0.295 (0.50%)

XLI

Industrial Select Sector SPDR

$71.42

0.01 (0.01%)

XLU

Utilities SPDR

$55.85

0.059 (0.11%)

SPY

SPDR S&P 500 ETF Trust

$260.45

0.685 (0.26%)

SPX

S&P 500

03/08/13
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03/08/13
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03/06/13
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03/06/13
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IWM

iShares Trust Russell 2000 Index Fund

$150.99

0.1 (0.07%)

, RUT

Russell 2000 Index

12:26
11/24/17
11/24
12:26
11/24/17
12:26
Technical Analysis
On The Fly: Weekly technical notes for Russell 2000 »

For the week, the Russell…

IWM

iShares Trust Russell 2000 Index Fund

$150.99

0.1 (0.07%)

RUT

Russell 2000 Index

03/08/13
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03/06/13
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03/06/13
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$NSD

NASDAQ Market Internals

12:17
11/24/17
11/24
12:17
11/24/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is below average…

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

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$NYE

NYSE Market Internals

12:16
11/24/17
11/24
12:16
11/24/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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