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AMZN

Amazon.com

$934.15

-3.38 (-0.36%)

, TJX

TJX

$78.69

-0.28 (-0.35%)

12:14
05/07/17
05/07
12:14
05/07/17
12:14

TJX, Ross, Burlington could benefit from Amazon retail carnage, Barron's says

The Amazon (AMZN)-induced carnage among traditional retailers "sets up well" for TJX (TJX), Ross Stores (ROST) and Burlington Stores (BURL), Barron's contends in a feature article. The three off-price specialists stock their stores "opportunistically," including by snapping up deeply-discounted clothes from bankrupt peers, the publication says. Reference Link

AMZN

Amazon.com

$934.15

-3.38 (-0.36%)

TJX

TJX

$78.69

-0.28 (-0.35%)

ROST

Ross Stores

$64.70

0.13 (0.20%)

BURL

Burlington Stores

$101.54

1.68 (1.68%)

  • 16

    May

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    May

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    May

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    May

AMZN Amazon.com
$934.15

-3.38 (-0.36%)

04/28/17
OPCO
04/28/17
NO CHANGE
OPCO
Outperform
Amazon.com eCommerce gross profit stable, says Oppenheimer
Oppenheimer analyst Jason Helfstein notes that Amazon.com reported better Q1 results on eCommerce and its normal conservative forward quarter guidance, with the high end of revenue guidance 2% above the Street's estimate. However, the analyst points out that AWS reported the smallest year over year EBIT margin improvement, suggesting it is doubling-down on headcount related to software and value-added services. The analyst has an Outperform rating on the shares.
04/28/17
NEED
04/28/17
NO CHANGE
Target $1150
NEED
Buy
Amazon.com price target raised to $1150 from $1100 at Needham
Needham analyst Kerry Rice raised his price target for Amazon.com to $1150 from $1100 after the company reported "solid Q1 results" with revenue and CSOI beating expectations. The analyst reiterates a Buy rating on the shares.
04/28/17
04/28/17
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 Sector Weight from Overweight at KeyBanc with analyst Edward Yruma saying while first quarter results were "impressive," increased competition may "dampen near-term upside." 2. U.S. Steel (X) downgraded to Underperform, price target $18 at Macquarie with analyst Aldo Mazzaferrociting a reduced earnings outlook. The analyst expects the company to miss the earnings rebound from better market conditions due to the expanded and accelerated long-term asset revitalization program that will result in production outages, higher maintenance spending, and lost sales. 3. Gigamon (GIMO) downgraded to Market Perform from Outperform at William Blair, to Neutral from Buy at Dougherty, and to Neutral from Outperform at Credit Suisse. 4. Mattel (MAT) downgraded to Hold from Buy at Argus with analyst John Staszak citing concerns about falling revenues and increasing losses. 5. Expedia (EXPE) downgraded to Hold from Buy at Stifel with analyst Scott Devitt 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.
05/04/17
BMOC
05/04/17
UPGRADE
BMOC
Outperform
Sysco upgraded on attractive attributes at BMO Capital
As noted earlier, BMO Capital upgraded Sysco to Outperform from Market Perform. Analyst Kelly Bania says that investors may rotate into Sysco, given what she sees as the company's "similar financial profile to consumer staple stocks" and its lower risk compared with many of the names in that category. The analyst says that food service volumes appear to be steady, while the company is more protected from Amazon (AMZN) than many consumer staple names. Target to $60 from $56.
TJX TJX
$78.69

-0.28 (-0.35%)

12/19/16
12/19/16
NO CHANGE

Wells Fargo identifies retailers best positioned for Trump policies
Wells Fargo identifies Burlington Stores (BURL), TJX (TJX), Ross Stores (ROST), Tiffany (TIF), Signet Jewelers (SIG), Ulta Beauty (ULTA) and Foot Locker (FL) as the retailers that are best positioned to benefit from upcoming federal policy changes.
03/16/17
03/16/17
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. Oracle (ORCL) was upgraded to Market Perform from Underperform at JMP Securities and to Overweight from Neutral at JPMorgan. 2. GoPro (GPRO) upgraded to Neutral from Sell at Citi with analyst Stanley Kovler saying the recent stabilization in revenue as well as the company's "significant" restructuring initiatives accelerate its path to profitability to 2017 from 2019. These developments should, at the very least, stave off the bear scenario for a few quarters, Kovler tells investors in a research note. He raised his price target for GoPro shares to $9 from $8. 2. TJX (TJX) upgraded to Conviction Buy from Buy at Goldman with analyst Matthew Fassler saying the company offers long-term secular growth along with near-term catalysts. The analyst expects TJX to grow market share at the expense of department stores. 4. Inovio (INO) upgraded to Buy from Hold at Maxim with analyst Jason McCarthy saying it has multiple earlier stage programs moving forward with more significant data points coming in 2017 while it moves closer to its pivotal study in cervical dysplasia. He notes that his model assumes that VGX-3100 is commercialized in 2021 for cervical dysplasia. 5. Quest Diagnostics (DGX) upgraded to Neutral from Underperform at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/16/17
GSCO
03/16/17
UPGRADE
Target $97
GSCO
Conviction Buy
TJX upgraded to Conviction Buy from Buy at Goldman
Goldman Sachs analyst Matthew Fassler upgraded TJX to Conviction Buy saying the company offers long-term secular growth along with near-term catalysts. The analyst expects TJX to grow market share at the expense of department stores. He has a $97 price target for the shares.
02/10/17
SUSQ
02/10/17
INITIATION
Target $92
SUSQ
Positive
TJX initiated with a Positive at Susquehanna
Target $92.
ROST Ross Stores
$64.70

0.13 (0.20%)

03/01/17
SBSH
03/01/17
DOWNGRADE
Target $72
SBSH
Neutral
Ross Stores downgraded to Neutral from Buy at Citi
Citi analyst Paul Lejuez downgraded Ross Stores to Neutral saying the risk/reward is more balanced with the shares close to his unchanged price target to $72.
03/01/17
03/01/17
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. Intel (INTC) downgraded to Underperform from Market Perform at Bernstein with analyst Stacy Rasgon saying the beginnings of a multi-year structural downturn are beginning to show. The analyst believes Intel's datacenter growth is "beginning to crack" amid compressing margins and an increasingly competitive environment. "The world seems to be moving against Intel's strengths," Rasgon writes. 2. Palo Alto Networks (PANW) downgraded to Equal Weight from Overweight at Morgan Stanley, to Market Perform at William Blair, to Neutral from Outperform at Baird, and to Neutral from Overweight at JPMorgan. 3. Waste Management (WM) downgraded to Equal Weight from Overweight at Barclays with analyst Jon Windham citing high valuations in the municipal solid waste space following the recent rally. Most of the upside from potential tax reform is already reflected in Waste Management shares, Windham tells investors in a research note. He raised his price target for the name to $73 from $70. 4. Signet Jewelers (SIG) downgraded to Market Perform from Outperform at Telsey Advisory. 5. Ross Stores (ROST) downgraded to Neutral from Buy at Citi with analyst Paul Lejuez saying the risk/reward is more balanced with the shares close to his unchanged price target to $72. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/10/17
SUSQ
02/10/17
INITIATION
Target $80
SUSQ
Positive
Ross Stores initiated with a Positive at Susquehanna
Target $80.
BURL Burlington Stores
$101.54

1.68 (1.68%)

04/28/17
WOLF
04/28/17
INITIATION
Target $113
WOLF
Outperform
Burlington Stores initiated with an Outperform at Wolfe Research
Wolfe Research initiated Burlington Stores with an Outperform and a $113 price target due to product breadth and assortment, secular growth in a difficult retail landscape, strong inventory metrics, and consistent earnings growth, among other reasons.
04/05/17
04/05/17
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. Burlington Stores (BURL) initiated with an Outperform at William Blair. 2. Booz Allen (BAH) was initiated with an In Line while CSRA (CSRA) was initiated with an Outperform at Evercore ISI. 3. Guidance Software (GUID) initiated with an Overweight at Piper Jaffray. 4. Acacia Communications (ACIA) initiated with a Neutral at B. Riley. 5. Keysight Technologies (KEYS) initiated with a Buy at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/05/17
WBLR
04/05/17
INITIATION
WBLR
Outperform
Burlington Stores initiated with an Outperform at William Blair
William Blair analyst Daniel Hofkin started Burlington Stores with an Outperform rating saying off-price retailers are "poised for further solid growth." The analyst views Burlington's current valuation as offering an attractive risk/reward profile.
03/03/17
BMOC
03/03/17
NO CHANGE
BMOC
Burlington Stores to benefit most from mall closures, says BMO Capital
BMO Capital analyst John Morris says that many "lower tiered malls" are poised to close over the next couple years" as hundreds of department stores are shut down. The analyst thinks that Burlington can add more stores than any other discount retailer and therefore can benefit most from mall closures. He keeps an Outperform rating on Burlington.

TODAY'S FREE FLY STORIES

02:40
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02:40
General news
FX Update: The dollar edged out fresh recovery highs »

FX Update: The dollar…

MS

Morgan Stanley

$55.35

0.75 (1.37%)

, BK

BNY Mellon

$57.89

0.35 (0.61%)

20:25
01/17/18
01/17
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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Morgan Stanley

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BNY Mellon

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BB&T

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PPG

PPG

$114.50

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MTB

M&T Bank

$179.21

1.43 (0.80%)

KEY

KeyCorp

$21.26

-0.06 (-0.28%)

JBHT

J.B. Hunt

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ARNA

Arena Pharmaceuticals

$34.36

0.48 (1.42%)

20:24
01/17/18
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Initiation
Arena Pharmaceuticals initiated at Credit Suisse »

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ROSE

Rosehill Resources

$7.96

0.01 (0.13%)

20:12
01/17/18
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20:12
Initiation
Rosehill Resources initiated at Northland »

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HES

Hess Corp.

$54.02

0.48 (0.90%)

20:10
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01/17
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Initiation
Hess Corp. initiated at Macquarie »

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OXY

Occidental Petroleum

$75.86

0.59 (0.78%)

20:10
01/17/18
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20:10
Initiation
Occidental Petroleum initiated at Macquarie »

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  • 14

    Feb

JUNO

Juno Therapeutics

$69.25

23.65 (51.86%)

19:53
01/17/18
01/17
19:53
01/17/18
19:53
Downgrade
Juno Therapeutics rating change at Citi »

Juno Therapeutics…

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WP

Worldpay

$77.89

-0.37 (-0.47%)

19:52
01/17/18
01/17
19:52
01/17/18
19:52
Upgrade
Worldpay rating change at BMO Capital »

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FRAC

Keane Group

$18.51

0.63 (3.52%)

19:52
01/17/18
01/17
19:52
01/17/18
19:52
Syndicate
Keane Group 13.3M share Secondary priced at $18.25 »

The deal size was…

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  • 18

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INTC

Intel

$44.39

1.25 (2.90%)

19:24
01/17/18
01/17
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19:24
Hot Stocks
Intel says issued firmware updates for 90% of CPUs in past vie years »

Intel said it has made…

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TOSBF

Toshiba, also use TOSYY

, TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

19:11
01/17/18
01/17
19:11
01/17/18
19:11
Periodicals
Toshiba's Westinghouse to forgo bankruptcy, Reuters reports »

Westinghouse Electric…

TOSBF

Toshiba, also use TOSYY

TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

BAM

Brookfield

$43.10

0.42 (0.98%)

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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RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

, RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

19:02
01/17/18
01/17
19:02
01/17/18
19:02
Periodicals
Shell, BP each agree to purchase Libyan oil, Bloomberg reports »

Royal Dutch Shell (RDS.A)…

RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

BP

BP

$42.88

0.42 (0.99%)

03/08/13
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  • 18

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AAPL

Apple

$179.10

2.91 (1.65%)

18:31
01/17/18
01/17
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18:31
Hot Stocks
Trump says Apple investments 'huge win for American workers' »

President Donald Trump…

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  • 01

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MPVD

Mountain Province Diamonds

$2.83

0.075 (2.73%)

18:22
01/17/18
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Hot Stocks
Mountain Province Diamonds provides update on Gahcho Kue Mine exploration »

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WAC

Walter Investment

$0.76

0.0347 (4.81%)

18:17
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Walter Investment prepackaged Chapter 11 plan approved by court »

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TM

Toyota

$140.72

2.75 (1.99%)

, KBSTY

Kobe Steel

18:10
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18:10
Periodicals
Toyota not affected by Kobe Steel false data scandal, Nikkei reports »

Toyota (TM) said there…

TM

Toyota

$140.72

2.75 (1.99%)

KBSTY

Kobe Steel

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CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

, BTC

Bitcoin

17:47
01/17/18
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Hot Stocks
Cboe conducts first settlement of Cboe bitcoin futures »

Cboe Global Markets…

CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

BTC

Bitcoin

BITCOIN

Bitcoin

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  • 09

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GWRE

Guidewire

$75.64

0.19 (0.25%)

17:46
01/17/18
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17:46
Hot Stocks
Guidewire director sells 6,000 common shares »

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AAPL

Apple

$179.10

2.91 (1.65%)

17:40
01/17/18
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17:40
Recommendations
Apple analyst commentary at Piper Jaffray »

Apple cash repatriation…

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  • 01

    Feb

OBE

Obsidian Energy

$1.21

-0.03 (-2.42%)

17:36
01/17/18
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17:36
Hot Stocks
Breaking Hot Stocks news story on Obsidian Energy »

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SN

Sanchez Energy

$5.81

0.16 (2.83%)

17:33
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Hot Stocks
Breaking Hot Stocks news story on Sanchez Energy »

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  • 15

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NTDOY

Nintendo

$51.53

1.55 (3.10%)

17:32
01/17/18
01/17
17:32
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17:32
Hot Stocks
Nintendo announces Nintendo Labo accessories for Switch consoles »

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  • 17

    Jan

PTC

PTC

$66.70

1.41 (2.16%)

, ESIO

Electro Scientific

$22.01

1.91 (9.50%)

17:28
01/17/18
01/17
17:28
01/17/18
17:28
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: PTC…

PTC

PTC

$66.70

1.41 (2.16%)

ESIO

Electro Scientific

$22.01

1.91 (9.50%)

NEOT

Neothetics

$1.92

0.0793 (4.31%)

PLXS

Plexus

$64.36

0.59 (0.93%)

AA

Alcoa

$56.99

0.75 (1.33%)

SLM

Sallie Mae

$11.49

0.02 (0.17%)

ARWR

Arrowhead

$5.72

0.12 (2.14%)

PRTK

Paratek Pharmaceuticals

$17.68

-0.075 (-0.42%)

IIPR

Innovative Industrial Properties

$31.30

-2.49 (-7.37%)

ECC

Eagle Point Credit

$19.13

-0.39 (-2.00%)

AGIO

Agios Pharmaceuticals

$70.33

1.53 (2.22%)

03/08/13
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  • 17

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    Jan

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    Jan

  • 07

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    Feb

  • 18

    Jan

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    Jan

  • 18

    Jan

  • 18

    Jan

  • 19

    Jan

BTU

Peabody Energy

$40.00

0.42 (1.06%)

17:17
01/17/18
01/17
17:17
01/17/18
17:17
Hot Stocks
Breaking Hot Stocks news story on Peabody Energy »

Discovery Capital reduces…

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  • 07

    Feb

MLNX

Mellanox

$64.30

-0.45 (-0.69%)

17:12
01/17/18
01/17
17:12
01/17/18
17:12
Hot Stocks
Starboard to nominate nine directors for election at Mellanox »

Starboard Value, the…

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  • 18

    Jan

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