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RMBS

Rambus

$12.04

0.16 (1.35%)

, SFTBF

SoftBank

$75.41

-1.08 (-1.41%)

16:32
05/18/17
05/18
16:32
05/18/17
16:32

Rambus partners with Cybertrust to secure connected devices

Rambus (RMBS) announced a partnership with Cybertrust Japan, a provider of public key infrastructure solutions and a subsidiary of SoftBank (SFTBF) Technology, to deliver secure key provisioning and security services for connected devices spanning from enterprise multi-function printers to connected cars. "This collaboration combines the Rambus CryptoManager Infrastructure, a secure provisioning and key management system, and the Cybertrust PKI solution, to secure communication from device-to-cloud and for over-the-air software updates. The joint solution brings two leading security providers together to deliver a turn-key platform that addresses the increasingly complex security challenges for connected devices," the company said.

RMBS

Rambus

$12.04

0.16 (1.35%)

SFTBF

SoftBank

$75.41

-1.08 (-1.41%)

  • 22

    May

  • 13

    Jun

RMBS Rambus
$12.04

0.16 (1.35%)

01/31/17
LOOP
01/31/17
NO CHANGE
Target $16
LOOP
Buy
Rambus weakness on purchase accounting concerns overdone, says Loop Capital
Loop Capital analyst Betsy Van Hees attributes the weakness in shares of Rambus following its "solid" results and guidance is attributable to worries over its purchase accounting impairment charge of $18.3M for in-process R&D. However, she believes that the weakness is overdone given the company's growth opportunities in 2017 and the fact that a large portion of its royalty and licensing revenue is fixed and committed long-term. Van Hees keeps a Buy rating and $16 price target on Rambus shares.
02/09/17
JPMS
02/09/17
UPGRADE
Target $14.5
JPMS
Overweight
Rambus upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Paul Coster upgraded Rambus to Overweight saying the 10% pullback in shares since the company's Q4 results presents a buying opportunity. The licensing business provides some downside protection while investments in disruptive data center/cloud service and mobile-edge technologies provides "plenty of upside potential," Coster tells investors in a research note. He has a $14.50 price target for the shares.
03/07/17
JPMS
03/07/17
NO CHANGE
Target $14.5
JPMS
Overweight
Rambus added to Analyst Focus List at JPMorgan
JPMorgan analyst Paul Coster added Rambus to his firm's U.S. Analyst Focus List as a near-term long idea. The 8.5% pullback since the company's Q4 results provides opportunity to buy this stock at a reasonable price, Coster tells investors in a research note. He sees good near-term revenue and earnings visibility and keeps an Overweight rating on Rambus with a $14.50 price target.
03/07/17
BNCH
03/07/17
NO CHANGE
Target $15
BNCH
Buy
Rambus license pact with Western Digital 'unique and intriguing,' says Benchmark
Benchmark analyst Gary Mobley called Rambus' (RMBS) newly-announced license agreement with Western Digital (WDC) "unique and intriguing," noting that Rambus memory patent licensing has historically been within the DRAM industry, not the NAND flash market. He believes the underpinnings of the agreement may relate to Rambus' ReRAM IP portfolio, and also finds it "interesting to note" that the agreement includes Rambus' security IP. Mobley has a Buy rating and $15 price target on Rambus shares.
SFTBF SoftBank
$75.41

-1.08 (-1.41%)

08/23/16
JPMS
08/23/16
UPGRADE
JPMS
Overweight
SoftBank upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jun Tanabe upgraded SoftBank (SFTBF) to Overweight from Neutral and raised his price target on the stock to Y9,930 from Y6,500, citing improved earnings at Sprint (S), the growth in value of its stake in Alibaba (BABA), and the stability of cash flow in its domestic mobile business.
08/23/16
08/23/16
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. Square (SQ) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying he now feels more confident in the company's growth and profitability outlook and its competitive position following three quarters of consistent execution. 2. BHP Billiton (BHP) upgraded to Buy from Hold at Jefferies with analyst Christopher LaFemina saying he believes fundamentals have "clearly improved," citing supply that has declined in most cases and demand that has stabilized. 3. SoftBank (SFTBF) upgraded to Overweight from Neutral at JPMorgan with analyst Jun Tanabe citing improved earnings at Sprint (S), the growth in value of its stake in Alibaba (BABA), and the stability of cash flow in its domestic mobile business. 4. Allscripts (MDRX) upgraded to Outperform from Market Perform at Leerink with analyst David Larsen saying he believes that the company's core fundamentals are improving "significantly." 5. Westlake Chemical (WLK) upgraded to Outperform from Sector Perform at RBC Capital with analyst Arun Viswanathan saying that the company's merger with Axiall (AXLL) "creates a new way to play chlor-alkali," as well as synergies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/07/16
OPCO
12/07/16
NO CHANGE
Target $70
OPCO
Outperform
T-Mobile price target raised to $70 from $55 at Oppenheimer
Oppenheimer analyst Timothy Horan raised his price target for T-Mobile (TMUS) to $70 from $55 as he views it as the best way to play the deregulatory/technology driven consolidation. The analyst notes that President-Elect Trump met with Masayoshi Son of SoftBank (SFTBF), who agreed to invest $50B in the U.S. Horan believes the meeting will likely be a precursor to a Sprint (S)/T-Mobile/Dish (DISH) merger to create a discounted quad-play service company. The analyst reiterates an Outperform rating on T-Mobile' shares, and points out that the company has improved its network and taken share from AT&T (T)/Verizon (VZ).

TODAY'S FREE FLY STORIES

JPM

JPMorgan

$99.51

1.4 (1.43%)

07:22
10/23/17
10/23
07:22
10/23/17
07:22
Periodicals
JPMorgan, Mosaic Smart Data partner to boost fixed-income trading, Reuters says »

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CLVS

Clovis

$77.50

0.73 (0.95%)

07:21
10/23/17
10/23
07:21
10/23/17
07:21
Initiation
Clovis initiated  »

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  • 06

    Nov

BIIB

Biogen

$338.10

-4.32 (-1.26%)

, ESALY

Eisai

$53.38

-0.25 (-0.47%)

07:19
10/23/17
10/23
07:19
10/23/17
07:19
Hot Stocks
Biogen, Eisai expand existing collaboration agreement »

Eisai Co., Ltd. (ESALY)…

BIIB

Biogen

$338.10

-4.32 (-1.26%)

ESALY

Eisai

$53.38

-0.25 (-0.47%)

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  • 24

    Oct

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NITE

Nightstar Therapeutics

$19.00

-0.1 (-0.52%)

07:19
10/23/17
10/23
07:19
10/23/17
07:19
Initiation
Nightstar Therapeutics initiated  »

Nightstar Therapeutics…

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PCH

Potlatch

$53.00

-0.35 (-0.66%)

07:18
10/23/17
10/23
07:18
10/23/17
07:18
Earnings
Potlatch reports Q3 EPS ex-items 94c, consensus 90c »

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  • 24

    Oct

PCH

Potlatch

$53.00

-0.35 (-0.66%)

07:18
10/23/17
10/23
07:18
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07:18
Hot Stocks
Potlatch raises dividend to 40c per share from 37.5c per share »

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  • 24

    Oct

SAIC

SAIC

$70.88

1.04 (1.49%)

07:18
10/23/17
10/23
07:18
10/23/17
07:18
Upgrade
SAIC rating change  »

SAIC upgraded to Buy from…

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  • 14

    Dec

GGB

Gerdau

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Initiation
Gerdau initiated  »

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VALE

Vale

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Initiation
Vale initiated  »

Vale resumed with a…

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SCCO

Southern Copper

$43.13

-0.16 (-0.37%)

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Initiation
Southern Copper initiated  »

Southern Copper resumed…

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FBR

Fibria Celulose

$16.24

0.45 (2.85%)

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Initiation
Fibria Celulose initiated  »

Fibria Celulose resumed…

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PCH

Potlatch

$53.00

-0.35 (-0.66%)

, DEL

Deltic Timber

$89.12

0.98 (1.11%)

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Hot Stocks
Mike Covey to continue to serve as chairman and CEO of combined Potlatch, Deltic »

The leadership team will…

PCH

Potlatch

$53.00

-0.35 (-0.66%)

DEL

Deltic Timber

$89.12

0.98 (1.11%)

03/08/13
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  • 24

    Oct

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    Nov

GOOG

Alphabet

$988.20

3.75 (0.38%)

, GOOGL

Alphabet Class A

$1,005.07

3.23 (0.32%)

07:17
10/23/17
10/23
07:17
10/23/17
07:17
Periodicals
Google plans to share revenues with news publishers, FT reports »

Google is planning to…

GOOG

Alphabet

$988.20

3.75 (0.38%)

GOOGL

Alphabet Class A

$1,005.07

3.23 (0.32%)

03/08/13
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    Mar

BIIB

Biogen

$338.10

-4.32 (-1.26%)

07:16
10/23/17
10/23
07:16
10/23/17
07:16
Downgrade
Biogen rating change  »

Biogen downgraded to…

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  • 24

    Oct

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    Oct

PCH

Potlatch

$53.00

-0.35 (-0.66%)

, DEL

Deltic Timber

$89.12

0.98 (1.11%)

07:15
10/23/17
10/23
07:15
10/23/17
07:15
Hot Stocks
Potlatch, Deltic Timber to combine in all-stock transaction »

Potlatch Corporation…

PCH

Potlatch

$53.00

-0.35 (-0.66%)

DEL

Deltic Timber

$89.12

0.98 (1.11%)

03/08/13
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  • 24

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    Nov

PSTI

Pluristem

$1.77

-0.035 (-1.94%)

07:15
10/23/17
10/23
07:15
10/23/17
07:15
Hot Stocks
Pluristem receives European patent covering PLX-R18 »

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07:15
10/23/17
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07:15
General news
FX Update: The dollar traded firmer »

FX Update: The dollar…

HAL

Halliburton

$43.33

-0.09 (-0.21%)

07:14
10/23/17
10/23
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Hot Stocks
Halliburton CEO says 'North American business is hitting on all cylinders' »

"We had a strong…

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  • 23

    Oct

GNTX

Gentex

$19.38

-1.28 (-6.20%)

07:14
10/23/17
10/23
07:14
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07:14
Recommendations
Gentex analyst commentary  »

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WGO

Winnebago

$47.75

1.9 (4.14%)

07:14
10/23/17
10/23
07:14
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07:14
Recommendations
Winnebago analyst commentary  »

Winnebago price target…

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RDHL

RedHill Biopharma

$9.25

0.47 (5.35%)

07:14
10/23/17
10/23
07:14
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07:14
Hot Stocks
RedHill Biopharma receives notice of allowance for new U.S. patent for RHB-104 »

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BHE

Benchmark Electronics

$30.50

-0.5 (-1.61%)

07:13
10/23/17
10/23
07:13
10/23/17
07:13
Conference/Events
Benchmark Electronics management to meet with Needham »

Meetings to be held in…

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  • 24

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  • 08

    Nov

USAP

Universal Stainless & Alloy

$21.79

1.24 (6.03%)

07:13
10/23/17
10/23
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07:13
Hot Stocks
Universal Stainless & Alloy announces favorable amendment of credit agreement »

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  • 25

    Oct

NBIX

Neurocrine

$59.03

0.07 (0.12%)

07:13
10/23/17
10/23
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07:13
Hot Stocks
Neurocrine's Ingrezza granted FDA orphan status as Tourette syndrome treatment »

Neurocrine…

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  • 06

    Nov

MITK

Mitek Systems

$9.60

0.1 (1.05%)

07:12
10/23/17
10/23
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07:12
Hot Stocks
Mitek Systems enters partnership with Asignio »

Mitek announced a…

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