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MU

Micron

$20.58

-0.07 (-0.34%)

, SSNLF

Samsung

10:22
12/22/16
12/22
10:22
12/22/16
10:22

SK Hynix to build new NAND flash chip plant, Pulse reports

SK Hynix announced that it will construct a new chip plant in Cheongju in Korea to meet rising demand for non-volatile storage, or NAND flash, according to Pulse. The report noted that the top three players in Q2 2016 in terms of DRAM market share were Samsung (SSNLF), Hynix and Micron (MU). Western Digital (WDC), which also competes in the NAND space, previously reiterated at its investor day meeting that its transition to 3D NAND technology continues to progress as planned. Reference Link

MU

Micron

$20.58

-0.07 (-0.34%)

SSNLF

Samsung

WDC

Western Digital

$69.22

0.27 (0.39%)

MU Micron
$20.58

-0.07 (-0.34%)

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
12/22/16
12/22/16
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. Micron (MU) was upgraded to Buy from Hold at Cross Research, to Buy from Underperform at Needham, and to Buy from Hold at Summit Redstone. 2. Sunoco (SUN) upgraded to Outperform from Market Perform at FBR Capital with analyst Robert Balsamo saying the credit facility amendments announced reduce the need for a distribution cut. The analyst has a $32 price target for the shares. 3. National Instruments (NATI) upgraded to Outperform from Neutral at Baird with analyst Richard Eastman saying he sees the potential for accelerating revenue growth over the next few years combined with more determined focus to deliver operating leverage. 4. Merus (MRUS) upgraded to Buy from Neutral at Citi with analyst Yigal Nochomovitz saying the Incyte (INCY) collaboration deal has "very favorable" terms. 5. Sucampo (SCMP) upgraded to Buy from Neutral at Mizuho with the firm citing the sell-off in shares post the $260M convertible raise. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SSNLF Samsung

10/18/16
UBSW
10/18/16
NO CHANGE
Target $127
UBSW
Buy
Apple near-term outlook improved, says UBS
UBS analyst Steven Milunovich believe Apple's (AAPL) Q4 guidance could have upside due to an extra week in the quarter and checks that show iPhone 7 demand is a bit better than the iPhone 6s. The analyst also noted the Samsung (SSNLF) Note 7 problem remains a wild card, but believes it should help Apple's retention rate. Milunovich said the current Apple share price reflects a gradual erosion of its installed base and the amount people are willing to spend with Apple, which he believes is conservative. Milunovich reiterated his Buy rating and $127 price target on Apple shares.
11/01/16
ADAM
11/01/16
NO CHANGE
Target $13
ADAM
Buy
DSP Group long-term thesis remains on track, says Canaccord
Canaccord analyst Matthew Ramsay noted DSP Group (DSPG) reported strong September results driven by record revenue in new product categories. The analyst noted new design wins and said the company is well positioned to yield a return to solid sales growth at higher margins and has the financial position to secure business with large customers. Ramsay reiterated his Buy rating but lowered his price target to $13 from $14 based on the Samsung (SSNLF) Note 7 cancellation.
11/01/16
BMUR
11/01/16
NO CHANGE
Target $25
BMUR
Buy
Integrated Device continues to push through rough patch, says Brean Capital
Brean Capital analyst Mike Burton noted Integrated Device (IDTI) reported relatively in-line Q1 results and gave mixed guidance as the company is being impacted by Samsung's (SSNLF) Note 7 recall. The analyst believes the company is working through its rough patch and executing well on the margin and cost side of its business model. Burton reiterated his Buy rating and raised his price target to $25 from $23 on Integrated Device shares.
10/26/16
NEED
10/26/16
NO CHANGE
Target $150
NEED
Strong Buy
Needham recommends buying Apple on Pokemon Go, Samsung upside
Following Apple's (AAPL) Q4 results, Needham analyst Laura Martin notes that iPhone revenue rose driven in part by Samsung's (SSNLF) Galaxy Note 7 imploding in September and estimates $10B-$20B of brand value transfers to Apple during the next adoption cycle owing to Samsung's poor handling of the replacement, recall and ultimate discontinuation of the Note 7. Of the company's extra services revenue quarter over quarter, the analyst's channel checks indicate that Niantic and Nintendo's (NTDOY) Pokemon Go represented much of the growth. Martin reiterates a Strong Buy and $150 price target on Apple's shares.
WDC Western Digital
$69.22

0.27 (0.39%)

12/08/16
CRSS
12/08/16
UPGRADE
CRSS
Buy
Western Digital upgraded to Buy from Hold at Cross Research
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.
12/07/16
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.
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.

TODAY'S FREE FLY STORIES

TWX

Time Warner

$88.72

0.71 (0.81%)

, GE

General Electric

$18.21

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IBM

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

HMC

Honda

$32.62

0.02 (0.06%)

GLPG

Galapagos NV

$90.83

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BABA

Alibaba

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-0.3 (-0.16%)

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TWX

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0.71 (0.81%)

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CMCSA

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CMCSK

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SNE

Sony

$46.17

0.07 (0.15%)

FOX

21st Century Fox

$30.48

1.88 (6.57%)

FOXA

21st Century Fox

$31.15

1.83 (6.24%)

LGF.A

Lionsgate

$32.59

1.55 (4.99%)

DIS

Disney

$103.44

-0.16 (-0.15%)

VIAB

Viacom

$26.15

2.46 (10.38%)

VIA

Viacom

$33.00

2.9 (9.63%)

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GE

General Electric

$18.21

-0.04 (-0.22%)

17:10
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GE yet to decide which directors will lose seats, WSJ reports »

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GLPG

Galapagos NV

$90.83

-0.66 (-0.72%)

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BA

Boeing

$262.26

-1.44 (-0.55%)

16:55
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SBLK

Star Bulk Carriers

$9.60

0.19 (2.02%)

16:53
11/19/17
11/19
16:53
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16:53
Earnings
Star Bulk Carriers reports Q3 adjusted EPS (8c), consensus (5c) »

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  • 20

    Nov

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    Nov

BDRBF

Bombardier

$2.43

0.0007 (0.03%)

16:22
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  • 28

    Nov

TSLA

Tesla

$315.05

2.55 (0.82%)

10:21
11/18/17
11/18
10:21
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10:21
Periodicals
Tesla new super car to cost $200,000, Recode says »

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  • 20

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  • 16

    Jan

GT

Goodyear Tire

$29.94

0.63 (2.15%)

10:17
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Goodyear Tire, NASCAR extend relationship »

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  • 20

    Nov

  • 09

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  • 16

    Jan

HMC

Honda

$32.62

0.02 (0.06%)

10:05
11/18/17
11/18
10:05
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10:05
Periodicals
Honda recalls 900,000 minivans on tip forward seats, Reuters says »

Honda Motor is recalling…

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PG

Procter & Gamble

$88.43

-0.82 (-0.92%)

09:48
11/18/17
11/18
09:48
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09:48
Periodicals
Activist investors Nelson Peltz still in P&G picture, Barron's says »

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

, GE

General Electric

$18.21

-0.04 (-0.22%)

09:39
11/18/17
11/18
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09:39
Periodicals
Buy Baker Hughes, Barron's says »

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

GE

General Electric

$18.21

-0.04 (-0.22%)

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  • 14

    Dec

CSCO

Cisco

$35.90

0.02 (0.06%)

09:19
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More needed for Cisco to have 'groove back,' Barron's says »

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  • 27

    Nov

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  • 17

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    Jan

IBM

IBM

$148.97

-0.15 (-0.10%)

09:10
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IBM could be next to fetch higher valuation, Barron's says »

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  • 27

    Nov

GE

General Electric

$18.21

-0.04 (-0.22%)

09:05
11/18/17
11/18
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Periodicals
Option play offer some help given GE dividend, depressed stock, Barron's says »

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GE

General Electric

$18.21

-0.04 (-0.22%)

09:00
11/18/17
11/18
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Periodicals
Risk remains after GE dividend cut, Barron's says »

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TWX

Time Warner

$88.72

0.71 (0.81%)

, T

AT&T

$34.51

-0.01 (-0.03%)

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TWX

Time Warner

$88.72

0.71 (0.81%)

T

AT&T

$34.51

-0.01 (-0.03%)

NYT

New York Times

$17.65

0.05 (0.28%)

TEX

Terex

$44.82

0.8 (1.82%)

03/08/13
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  • 28

    Nov

  • 29

    Nov

TPIC

TPI Composites

$19.06

-0.97 (-4.84%)

07:25
11/18/17
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07:25
Conference/Events
TPI Composites to host investor day »

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  • 05

    Dec

SYNA

Synaptics

$38.21

0.57 (1.51%)

04:55
11/18/17
11/18
04:55
11/18/17
04:55
Conference/Events
Synaptics management to meet with KeyBanc »

Meeting to be held in the…

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  • 18

    Nov

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

18:01
11/17/17
11/17
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18:01
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

S&P Dow Jones Indices…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
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  • 28

    Nov

  • 06

    Dec

WGL

WGL Holdings

$84.32

-0.14 (-0.17%)

18:01
11/17/17
11/17
18:01
11/17/17
18:01
Earnings
WGL Holdings reports Q4 adjusted EPS (17c), consensus (19c) »

Reports Q4 revenue…

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

, LMOS

Lumos Networks

17:58
11/17/17
11/17
17:58
11/17/17
17:58
Hot Stocks
Tactile Systems to replace Lumos Networks in S&P 600 at open on 11/22 »

EQT Infrastructure…

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
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  • 28

    Nov

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

, MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

17:56
11/17/17
11/17
17:56
11/17/17
17:56
Hot Stocks
Breaking Hot Stocks news story on Invesco Mortgage, MKS Instruments »

Invesco Mortgage to…

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

03/08/13
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03/06/13
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03/06/13
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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

17:55
11/17/17
11/17
17:55
11/17/17
17:55
Hot Stocks
MKS Instruments to replace Brocade in S&P 400 at open on 11/22 »

S&P 500 constituent…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

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

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  • 06

    Dec

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