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COST

Costco

$170.15

0.09 (0.05%)

, AMZN

Amazon.com

$902.06

2.86 (0.32%)

05:46
04/21/17
04/21
05:46
04/21/17
05:46

Costco upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Karen Short upgraded Costco Wholesale (COST) to Overweight after her survey of 800 customers indicated more than 80% of them go to Costco stores specifically for food. This suggests the company is "very protected" from Amazon (AMZN), Short tells investors in a research note. The analyst expects Costco's traffic to accelerate amid easing comparisons into the second half of the year. Short also sees the potential for a special dividend from a tax break on foreign cash repatriation. She raised her price target for the shares to $185 from $170.

COST

Costco

$170.15

0.09 (0.05%)

AMZN

Amazon.com

$902.06

2.86 (0.32%)

  • 27

    Apr

  • 27

    Apr

  • 16

    May

  • 23

    May

COST Costco
$170.15

0.09 (0.05%)

04/20/17
LEHM
04/20/17
UPGRADE
LEHM
Overweight
Costco upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Karen Short upgraded Costco to Overweight from Equal Weight, and raised her price target on shares to $185 from $170, citing a survey by the firm where results showed analytically that Costco (COST) is "very protected" from Amazon (AMZN).
04/20/17
LEHM
04/20/17
UPGRADE
LEHM
Overweight
Costco upgraded to Overweight from Equal Weight at Barclays
04/19/17
OPCO
04/19/17
NO CHANGE
OPCO
Oppenheimer bullish on Visa, MasterCard ahead of results
Oppenheimer analyst Glenn Greene reiterates Outperform ratings for MasterCard (MA) and Visa (V) and $120 and $95 price targets, respectively, heading into results. The analyst is encouraged by "solid" January intra-quarter volume growth, improving gas price trends, strong retail sales growth, and broadly positive card issuer trends. Further, Greene continues to believe that MasterCard and Visa are attractive at current levels, given their defensible market positions and strong long-term prospects. Nonetheless, he prefers Visa relative to MasterCard at present given the continuing U.S. volume boost from the Costco (COST)/USAA wins and JPMorgan Chase (JPM) Sapphire Reserve momentum, apparent conservative guidance, and Visa Europe accretion benefits.
04/07/17
BMOC
04/07/17
NO CHANGE
BMOC
Costco price target raised to $195 from $180 at BMO Capital
BMO Capital analyst Kally Bania increased the price target on Costco citing the 6% increase in the company's U.S. base comp sales ex-fuel. Bania said the comp increase represents "a very strong start" to the company's Q3, as the increase was "impressive." The analyst keeps an Outperform rating on the shares.
AMZN Amazon.com
$902.06

2.86 (0.32%)

04/20/17
04/20/17
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. Amazon.com (AMZN) downgraded to Peer Perform from Outperform at Wolfe Research with analyst Scott Mushkin saying shares are approaching his price target and he expects increasing competition through year-end. 2. Time Warner (TWX) downgraded to Hold from Buy at Pivotal Research with analyst Brian Wieser saying shares are trading near the value of AT&T's (T) offering price. 3. Molson Coors (TAP) downgraded to Market Perform from Outperform at Cowen with analyst Vivien Azer citing expectations for persistent beer volume headwinds. The analyst believes alcohol consumption could be pressured for at least the next decade, partly due to increased cannabis use, and a contraction in the alcohol cycle. Azer said Molson is uniquely exposed to the increasingly vibrant and growing cannabis markets and notes there is an inverse relationship between cannabis use and alcohol consumption over time. 4. eBay (EBAY) downgraded to Neutral from Buy at Monness Crespi with analyst James Cakmak saying he sees insufficient upside to estimates to justify the lofty valuation. The analyst said the path to double-digit growth may be pushed out 2019 and limited potential to outperform topline expectations in 2017. Further, the analyst sees margin pressures from product mix towards StubHub and rising development spend for the backend, and limited opportunities for multiple expansion. 5. Ruth's Hospitality (RUTH) downgraded to Market Perform from Outperform at Raymond James with analyst Brian Vaccaro citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/20/17
WOLF
04/20/17
DOWNGRADE
WOLF
Peer Perform
Amazon downgraded by Wolfe Research with 'retail bloodbath' seen ahead
As previously reported, Wolfe Research downgraded Amazon.com to Peer Perform from Outperform. Analyst Scott Mushkin said shares are approaching his price target and he expects increasing competition through year-end. He expects next year to be a "bloodbath" in retail due to increased competition from Wal-Mart (WMT), traditional consumable operators, and other broadlines/specialty retailers, leading to a deceleration in Amazon sales, he tells investors. Mushkin reduced his FY17 earnings estimate to $6.52 from $6.63 and FY18 to $9.92 from $10.09 due mostly to lowered expectations in North America.
04/20/17
WOLF
04/20/17
DOWNGRADE
WOLF
Peer Perform
Amazon.com downgraded to Peer Perform from Outperform at Wolfe Research
04/20/17
MAXM
04/20/17
NO CHANGE
Target $1000
MAXM
Buy
Amazon.com price target raised to $1,000 ahead of earnings at Maxim
Maxim analyst Tom Forte increased his price target on Amazon.com to $1,000 from $940 citing his increased long-term adjusted EBITDA margin forecast of 16.5%, which is up from his prior 15.0% view. In terms of the company's upcoming Q1 report, Forte expects revenue to be slightly below the consensus estimate but for both adjusted EBITDA and GAAP EPS to top consensus. He keeps a Buy rating on Amazon shares.

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AMRN

Amarin

$3.78

0.29 (8.31%)

08:39
06/29/17
06/29
08:39
06/29/17
08:39
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TEVA

Teva

$32.81

0.65 (2.02%)

08:39
06/29/17
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08:39
Hot Stocks
Celltrion, Teva announce FDA acceptance of BLA for Rituxan biosimilar »

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  • 30

    Aug

IMNP

Immune Pharmaceuticals

$2.97

0.15 (5.32%)

08:38
06/29/17
06/29
08:38
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08:38
Hot Stocks
Immune Pharmaceuticals reaches agreement on Pint Pharma transaction »

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AKBA

Akebia

$15.50

-0.19 (-1.21%)

08:38
06/29/17
06/29
08:38
06/29/17
08:38
Technical Analysis
Technical View: Akebia falls on 4M share Spot Secondary »

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  • 29

    Jun

PIR

Pier 1 Imports

$5.38

0.04 (0.75%)

08:38
06/29/17
06/29
08:38
06/29/17
08:38
Downgrade
Pier 1 Imports rating change  »

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GTLS

Chart Industries

$33.15

0.91 (2.82%)

08:37
06/29/17
06/29
08:37
06/29/17
08:37
Upgrade
Chart Industries rating change  »

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WMT

Wal-Mart

$76.51

0.5 (0.66%)

, AMZN

Amazon.com

$990.33

13.55 (1.39%)

08:37
06/29/17
06/29
08:37
06/29/17
08:37
Periodicals
Walmart sending 'veiled' threats to truckers amid war with Amazon, NY Post says »

Walmart (WMT) is sending…

WMT

Wal-Mart

$76.51

0.5 (0.66%)

AMZN

Amazon.com

$990.33

13.55 (1.39%)

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SSNI

Silver Spring

$11.28

0.1 (0.89%)

08:36
06/29/17
06/29
08:36
06/29/17
08:36
Hot Stocks
Silver Spring selected for Grant PUD advanced metering program »

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SPNC

Spectranetics

$38.35

7.95 (26.15%)

08:36
06/29/17
06/29
08:36
06/29/17
08:36
Downgrade
Spectranetics rating change  »

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ARNA

Arena Pharmaceuticals

$16.53

1.3 (8.54%)

08:35
06/29/17
06/29
08:35
06/29/17
08:35
Hot Stocks
Arena Pharmaceuticals completes ralinepag Phase 1 trial »

Arena Pharmaceuticals…

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  • 29

    Jun

  • 06

    Jul

CCJ

Cameco

$9.53

0.1056 (1.12%)

08:35
06/29/17
06/29
08:35
06/29/17
08:35
Initiation
Cameco initiated  »

Cameco initiated with an…

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CUBN

Commerce Union Bancshares

$26.04

1.54 (6.29%)

08:34
06/29/17
06/29
08:34
06/29/17
08:34
Hot Stocks
Commerce Union Bancshares raises quarterly dividend 9.1% to 6c per share »

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  • 18

    Sep

PFE

Pfizer

$33.75

-0.02 (-0.06%)

08:33
06/29/17
06/29
08:33
06/29/17
08:33
Hot Stocks
Pfizer to evaluate Alcyone's Pulsar technology to develop genetic therapy method »

Pfizer has entered into a…

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  • 11

    Jul

  • 02

    Aug

  • 27

    Aug

08:32
06/29/17
06/29
08:32
06/29/17
08:32
General news
Jobless Claims data reported »

Week of 6/24 Jobless…

08:32
06/29/17
06/29
08:32
06/29/17
08:32
General news
Real GDP data reported »

Real GDP up 1.4% vs.…

INPX

Inpixon

08:32
06/29/17
06/29
08:32
06/29/17
08:32
Syndicate
Inpixon raises $6M in a public offering of common stock and warrants »

Inpixon announced the…

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OA

Orbital ATK

$98.71

1.7 (1.75%)

08:32
06/29/17
06/29
08:32
06/29/17
08:32
Hot Stocks
Orbital ARK receives contract to repair trainer aircraft for Iraqi Air Force »

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CST

CST Brands

, LBIO

Lion Biotechnologies

08:30
06/29/17
06/29
08:30
06/29/17
08:30
Options
One new option listing and two option delistings on June 29th »

New option listings for…

CST

CST Brands

LBIO

Lion Biotechnologies

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MCD

McDonald's

$154.30

0.58 (0.38%)

08:26
06/29/17
06/29
08:26
06/29/17
08:26
Recommendations
McDonald's analyst commentary  »

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GE

General Electric

$27.08

-0.13 (-0.48%)

08:22
06/29/17
06/29
08:22
06/29/17
08:22
Upgrade
General Electric rating change  »

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  • 02

    Oct

$DJT

DJ Transportation Average

08:21
06/29/17
06/29
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08:21
Technical Analysis
DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

08:20
06/29/17
06/29
08:20
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08:20
Technical Analysis
DJ Utility Average: Pivot points »

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DJX

Dow Jones Industrial Average

08:20
06/29/17
06/29
08:20
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08:20
Technical Analysis
Dow Jones Industrial Average: Pivot points »

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TRN

Trinity Industries

$28.35

1.05 (3.85%)

08:20
06/29/17
06/29
08:20
06/29/17
08:20
Recommendations
Trinity Industries analyst commentary  »

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IYT

iShares Transportation Average

$171.36

2.41 (1.43%)

08:20
06/29/17
06/29
08:20
06/29/17
08:20
Technical Analysis
iShares Transportation Average: Pivot points »

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