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SNAP

Snap

$20.35

0.81 (4.15%)

, WDAY

Workday

$85.14

0.18 (0.21%)

10:27
03/20/17
03/20
10:27
03/20/17
10:27

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Monness Crespi analyst James Cakmak initiated Snap (SNAP) with a Buy and a $25 price target. 2. Workday (WDAY) initiated with a Buy at BofA/Merrill. 3. Berkshire Hathaway (BRK.A) initiated with an Equal Weight at Morgan Stanley. 4. MeetMe (MEET) initiated with a Buy at Canaccord. 5. ARC Document (ARC) resumed with a Buy at B. Riley. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

SNAP

Snap

$20.35

0.81 (4.15%)

WDAY

Workday

$85.14

0.18 (0.21%)

MEET

Meet Group

$5.19

-0.06 (-1.14%)

ARC

ARC Document

$4.19

0.28 (7.16%)

BRK.A

Berkshire Hathaway

$257,750.00

-1202 (-0.46%)

  • 08

    Jun

  • 20

    Jun

SNAP Snap
$20.35

0.81 (4.15%)

03/20/17
MONN
03/20/17
INITIATION
Target $25
MONN
Buy
Snap initiated with a Buy at Monness Crespi
Monness Crespi analyst James Cakmak initiated Snap with a Buy and a $25 price target.
03/16/17
03/16/17
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. Snap (SNAP) initiated with a Sell at MoffettNathanson. 2. Alliant Energy (LNT) initiated with a Neutral at UBS. 3. Carbonite (CARB) initiated with a Buy at Craig-Hallum. 4. Dermira (DERM) initiated with an Underperform at Raymond James. 5. Exelixis (EXEL) initiated with a Perform at Oppenheimer. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/17/17
MZHO
03/17/17
INITIATION
Target $20
MZHO
Neutral
Snap initiated with a Neutral at Mizuho
Mizuho analyst Neil Doshi started Snap Inc. with a Neutral rating and $20 price target.
03/17/17
03/17/17
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. Netflix (NFLX) initiated with an Outperform at Bernstein. 2. Snap (SNAP) initiated with a Neutral at Mizuho. 3. Cantel Medical (CMD) initiated with a Market Perform at Raymond James. 4. Hilton (HLT) reinstated with an Overweight at JPMorgan. 5. Regeneron (REGN) initiated with a Perform at Oppenheimer. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
WDAY Workday
$85.14

0.18 (0.21%)

03/14/17
DADA
03/14/17
NO CHANGE
Target $51
DADA
Neutral
Tableau price target lowered to $51 from $55 at DA Davidson
DA Davidson analyst Jack Andrews said several data points in recent weeks lead him to believe that the total addressable market opportunity for Tableau (DATA) is being contested and/or eroded by more "heavyweight" enterprise software companies, including Google (GOOG), Microsoft (MSFT) and Workday (WDAY). Citing the continued rise of competition, Andrews reiterates a Neutral rating on Tableau and lowered his price target to $51 from $55.
03/01/17
BERN
03/01/17
DOWNGRADE
BERN
Market Perform
Workday downgraded on results at Bernstein
As noted earlier, Bernstein downgraded Workday to Market Perform from Outperform. After Workday reported beat and raise results, analyst Mark Moerdler says that the company disclosed several negative data points, including slowing revenue growth and lack of a significant increase in its revenue guidance. Target to $91 from $84.
03/01/17
BERN
03/01/17
DOWNGRADE
BERN
Market Perform
Workday downgraded to Market Perform from Outperform at Bernstein
03/20/17
BOFA
03/20/17
INITIATION
Target $96
BOFA
Buy
Workday initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Kash Rangan initiated Workday with a Buy and a $96 price target given high growth, significant operating leverage, and is a category leader with a cloud enterprise HCM/Financials platform.
MEET Meet Group
$5.19

-0.06 (-1.14%)

01/23/17
ROTH
01/23/17
NO CHANGE
Target $9.25
ROTH
Buy
MeetMe near-term overhang may be removed with insider sale, says Roth Capital
Roth Capital analyst Darren Aftahi notes that MeetMe's CEO disclosed a 250,000 stock sale under a 10b5-1 trading plan, terminating it as the executive does not intend to sell any more stock in 2017. The analyst believes this could remove a near-term overhang on the shares as some investors expected a renewal of the CEO's plan. He reiterates a Buy rating and $9.25 price target on the shares.
01/17/17
ROTH
01/17/17
NO CHANGE
Target $9.25
ROTH
Buy
Roth Capital establishing MeetMe as a focus stock pick in 2017
Roth Capital analyst Darren Aftahi is establishing MeetMe as a 2017 focus stock pick as he sees several catalysts for it this year including monetization of its non-English speaking international user base, introduction of its video chat platform, and improved ad monetization of recently acquired Skout. He reiterates a Buy rating and $9.25 price target on the shares.
12/06/16
ROTH
12/06/16
NO CHANGE
Target $9.25
ROTH
Buy
MeetMe fundamentals remain intact, says Roth Capital
Roth Capital analyst Darren Aftahi believes MeetMe's 14% year over year November U.S. CPM growth substantiates that its fundamentals remain intact, contrary to recent weakness in the stock. The analyst's marketing meetings with management and investors also suggest both video and international remain catalysts for the New Year. Even with the up move in the stock following reiteration of Q4 guidance, he believes valuation remains "highly attractive," especially in light of organic growth and free cash flow yield. Aftahi reiterates a Buy rating and $9.25 price target on the shares.
03/20/17
ADAM
03/20/17
INITIATION
Target $10
ADAM
Buy
MeetMe initiated with a Buy at Canaccord
Canaccord analyst Michael Graham initiated MeetMe with a Buy and a $10 price target saying it occupies a promising spot on the large online dating landscape with user and engagement improvements overcoming high churn.
ARC ARC Document
$4.19

0.28 (7.16%)

03/20/17
RILY
03/20/17
INITIATION
Target $5
RILY
Buy
ARC Document resumed with a Buy at B. Riley
B. Riley analyst Ian Corydon resumed coverage of ARC Document with a Buy rating and $5 price target.
BRK.A Berkshire Hathaway
$257,750.00

-1202 (-0.46%)

03/28/16
UBSW
03/28/16
INITIATION
Target $244500
UBSW
Buy
Berkshire Hathaway initiated with a Buy at UBS
UBS analyst Brian Meredith started Berkshire Hathaway's A shares with a Buy rating and $244,500 price target. The current uncertain economic and market environment "plays into the hands" of the company, Meredith tells investors in a research note.
02/22/17
02/22/17
NO CHANGE

Morgan Stanley would not dismiss possibility of Berkshire buying an airline
With Warren Buffett's Berkshire Hathaway (BRK.A) recently disclosing an increase to its overall airline exposure, making the firm a number one or two holder for each of the "Big 4," Morgan Stanley polled investors and found that about 60% do not expect this to be a step towards a full-scale acquisition. However, analyst Rajeev Lalwani said the prospect of Berkshire buying an airline is a possibility that is "not worth dismissing," citing the historical precedent of Buffett's involvement in the rail industry and eventual deal to buy Burlington Northern SantaFe in 2009. The top four U.S. airlines include American Airlines (AAL), Delta Air Lines (DAL), Southwest (LUV) and United Continental (UAL).
03/28/16
03/28/16
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. Berkshire Hathaway (BRK.A) initiated with a Buy at UBS by analyst Brian Meredith, who said the current and uncertain economic and market environment "plays into the hands" of the company. 2. Syndax (SNDX) initiated with an Outperform and Overweight at JMP Securities and Morgan Stanley, respectively. 3. ONEOK (OKE) initiated with a Sector Perform at RBC Capital. 4. Phillips 66 (PSX) initiated with a Market Perform at Cowen. 5. Western Digital (WDC) initiated with a Buy at Summit Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/20/17
MSCO
03/20/17
INITIATION
Target $275000
MSCO
Equal Weight
Berkshire Hathaway initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Kai Pan initiated Berkshire Hathaway with an Equal Weight and a $275,000 price target saying valuation is fair.

TODAY'S FREE FLY STORIES

CNX

Consol

$16.50

0.465 (2.90%)

14:30
11/17/17
11/17
14:30
11/17/17
14:30
Options
Far upside call buyer in CNX »

Far upside call buyer in…

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

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XENE

Xenon Pharmaceuticals

, AMGN

Amgen

$170.77

1.39 (0.82%)

14:29
11/17/17
11/17
14:29
11/17/17
14:29
Periodicals
Xenon higher as CNBC's Tirrell reports on nonaddictive pain medicines »

Six drug companies are…

XENE

Xenon Pharmaceuticals

AMGN

Amgen

$170.77

1.39 (0.82%)

RHHBY

Roche

$28.90

0.165 (0.57%)

BIIB

Biogen

$313.98

3.7 (1.19%)

RGEN

Repligen

$33.73

1.12 (3.43%)

VRTX

Vertex

$147.94

-0.72 (-0.48%)

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

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  • 28

    Nov

  • 30

    Nov

  • 30

    Nov

  • 02

    Dec

  • 23

    Dec

  • 03

    Feb

  • 23

    Feb

  • 30

    Apr

  • 17

    May

  • 28

    May

RIO

Rio Tinto

$47.70

0.065 (0.14%)

14:25
11/17/17
11/17
14:25
11/17/17
14:25
Periodicals
Rio Tinto working with advisers on bid for stake in SQM, Bloomberg says »

Rio Tinto has lined up…

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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VIAB

Viacom

$23.69

-0.92 (-3.74%)

14:25
11/17/17
11/17
14:25
11/17/17
14:25
Options
Viacom call volume above normal and directionally bullish »

Bullish option flow…

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

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14:25
11/17/17
11/17
14:25
11/17/17
14:25
General news
Action Economics Survey results »

Action Economics Survey…

TWX

Time Warner

$88.79

0.7799 (0.89%)

, DIS

Disney

$103.63

0.03 (0.03%)

14:23
11/17/17
11/17
14:23
11/17/17
14:23
Periodicals
'Justice League' grosses roughly $16M in opening day in China, Forbes says »

Warner Bros. (TWX) latest…

TWX

Time Warner

$88.79

0.7799 (0.89%)

DIS

Disney

$103.63

0.03 (0.03%)

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

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$NSD

NASDAQ Market Internals

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

Volume is average for…

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

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$NYE

NYSE Market Internals

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

Volume is average for…

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

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PAAS

Pan American Silver

$14.77

-0.12 (-0.81%)

14:00
11/17/17
11/17
14:00
11/17/17
14:00
Conference/Events
Pan American Silver investor and analyst day »

Investor and Analyst Day…

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

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  • 28

    Nov

TJX

TJX

$70.99

1.93 (2.79%)

14:00
11/17/17
11/17
14:00
11/17/17
14:00
Options
Notable options activity in TJX as shares see strength »

Notable options activity…

03/08/13
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03/08/13
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03/06/13
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PFSW

PFSweb

$6.80

0.21 (3.19%)

13:59
11/17/17
11/17
13:59
11/17/17
13:59
Hot Stocks
PFSweb rallies after Ancora discloses activist stake »

Ancora Advisors earlier…

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

RH

$103.86

-0.95 (-0.91%)

13:52
11/17/17
11/17
13:52
11/17/17
13:52
Recommendations
RH analyst commentary  »

RH price target raised to…

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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HAIN

Hain Celestial

$38.49

1.76 (4.79%)

13:45
11/17/17
11/17
13:45
11/17/17
13:45
Options
Hain Celestial call volume above normal and directionally bullish »

Bullish option flow…

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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PEG

PSEG

$51.40

0.015 (0.03%)

13:36
11/17/17
11/17
13:36
11/17/17
13:36
Syndicate
Breaking Syndicate news story on PSEG »

PSEG files $129.1M mixed…

03/08/13
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03/06/13
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03/06/13
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AWK

American Water

$89.05

-0.64 (-0.71%)

13:33
11/17/17
11/17
13:33
11/17/17
13:33
Hot Stocks
Indiana American Water acquires Georgetown Water System for about $6.4M »

Indiana American Water…

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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COT

Cott Corp.

$16.86

0.36 (2.18%)

13:30
11/17/17
11/17
13:30
11/17/17
13:30
Options
Cott Corp call buying continues »

Cott Corp call buying…

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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13:30
11/17/17
11/17
13:30
11/17/17
13:30
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

CC

Chemours

$52.23

0.705 (1.37%)

13:27
11/17/17
11/17
13:27
11/17/17
13:27
Periodicals
Chemours tells Bloomberg N.C. permit revocation 'unwarranted' »

The comment was issued by…

03/08/13
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  • 01

    Dec

13:25
11/17/17
11/17
13:25
11/17/17
13:25
General news
An exodus from U.S. high yield debt this week »

An exodus from U.S. high…

STBZ

State Bank Financial

$28.69

0.21 (0.74%)

13:25
11/17/17
11/17
13:25
11/17/17
13:25
Conference/Events
State Bank Financial participates in a conference call with SunTrust »

Suntrust Bank Analyst…

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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  • 17

    Nov

HIBB

Hibbett Sports

$14.85

0.8 (5.69%)

13:24
11/17/17
11/17
13:24
11/17/17
13:24
Recommendations
Hibbett Sports analyst commentary  »

Hibbett Sports price…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 17

    Nov

FL

Foot Locker

$40.18

8.33 (26.15%)

13:23
11/17/17
11/17
13:23
11/17/17
13:23
Recommendations
Foot Locker analyst commentary  »

Foot Locker quarter…

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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  • 17

    Nov

MS

Morgan Stanley

$48.67

0.065 (0.13%)

13:20
11/17/17
11/17
13:20
11/17/17
13:20
Options
Morgan Stanley calls lead puts 9:1 »

Morgan Stanley calls lead…

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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$NSD

NASDAQ Market Internals

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

Volume is average for…

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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$NYE

NYSE Market Internals

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

Volume is average for…

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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