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SKYAY

Sky

$49.60

-1.35 (-2.65%)

, LMCA

Liberty Media

09:20
06/12/17
06/12
09:20
06/12/17
09:20

Drone Racing League raises $20M from Sky, Liberty Media, WWE, Variety says

Drone Racing League has closed a roughly $20M Series B investment round, which included investors Sky (SKYAY), Liberty Media (LMCA), Lux Capital, WWE (WWE), and Allianz, Variety reports, citing a league announcement. Other investors in the league, which will begin broadcasting on June 20 on Disney's (DIS) ESPN, include Hearst Ventures, RSE Ventures, Lerer Hippeau Ventures, Courtside Ventures and CRCM Ventures. Reference Link

SKYAY

Sky

$49.60

-1.35 (-2.65%)

LMCA

Liberty Media

WWE

WWE

DIS

Disney

  • 14

    Jun

  • 20

    Jun

  • 08

    Aug

SKYAY Sky
$49.60

-1.35 (-2.65%)

12/14/16
BMUR
12/14/16
UPGRADE
Target $33
BMUR
Buy
21st Century Fox upgraded to Buy from Hold at Brean Capital
Brean Capital analyst Alan Gould upgraded 21st Century Fox (FOX) to Buy saying the selloff since the Sky (SKYAY) announcement is overdone. Fox stock "has significantly" underperformed the market over the past six months as estimates have come down, Gould tells investors in a research note. The analyst likes the prospects of a potential Fox/Sky merger and finds Fox shares inexpensive. He has a $33 price target for the stock.
12/22/16
FBCO
12/22/16
DOWNGRADE
FBCO
Neutral
Sky downgraded to Neutral from Outperform at Credit Suisse
04/26/17
JEFF
04/26/17
UPGRADE
JEFF
Buy
Sky upgraded to Buy from Hold at Jefferies
Price target GBP 1,200p.
04/04/17
PIVT
04/04/17
NO CHANGE
Target $36
PIVT
Buy
Boycotts of O'Reilly Factor likely manageable for now, says Pivotal Research
Pivotal Research analyst Brian Wieser said advertiser boycotts of O'Reilly Factor are likely manageable and only slightly negative at this time, but added that a more significant concern is the potential for this to impact Ofcom's "fit and proper" test related to Fox's (FOXA) proposed takeover of Sky (SKYAY). Wieser, who views the Sky acquisition as a favorable strategic combination, would sees the U.K. regulator not allowing the transaction to proceed as a negative. However, he keeps a Buy rating and $36 price target on Fox shares.
LMCA Liberty Media

03/27/17
SBSH
03/27/17
INITIATION
Target $25
SBSH
Buy
WWE initiated with a Buy at Citi
Citi analyst Jason Bazinet started WWE (WWE) with a Buy rating and $25 price target. WWE's transition to a web-based subscription model should result in better growth through 2020 and increases the company's strategic value to likely suitors, such as 21st Century Fox (FOXA), Comcast (CMCSA) and Formula One (LMCA), the analyst contends.
03/22/17
PIPR
03/22/17
NO CHANGE
Target $18
PIPR
Overweight
Piper says survey supports positive view of Pandora shares
Piper Jaffray analyst Stan Meyers continues to believe that Liberty Media (LMCA) and SiriusXM (SIRI) remain a potential buyer of Pandora Media (P) with the price likely dependent on the success of Pandora's new Premium and Plus offerings. The analyst conducted a second survey of Pandora users and found that demand from current listeners for the Pandora Premium remained largely unchanged at 15% while interest in Pandora Plus declined from 28% to 14%. The survey shows "meaningful pent-up demand" for Pandora's new offerings, Meyers tells investors in a research note. He believes this supports his positive view on the shares. Meyers has an Overweight rating on Pandora with an $18 price target.
01/17/17
FBRC
01/17/17
DOWNGRADE
Target $29
FBRC
Market Perform
Liberty Media downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Barton Crockett downgraded Liberty Media to Market Perform and raised its price target to $29 from $25. The analyst raised estimates to account for the Formula One business that Liberty is poised to acquire this week but said shares are up 44% from the reference price at the time of the transaction on September 7, 2016.
01/09/17
SBSH
01/09/17
DOWNGRADE
Target $32
SBSH
Neutral
Liberty Media downgraded to Neutral from Buy at Citi
Citi analyst Jason Bazinet downgraded Liberty Media Group to Neutral citing some near-term risks around the Formula One deal. The circuit could shrink in 2017 and again in 2019, while F1 owners' willingness to sell their Liberty Media equity privately at 20% below the prevailing public price is troubling, Bazinet tells investors in a research note. He keeps a $32 price target for the shares.
WWE WWE

05/05/17
MKMP
05/05/17
NO CHANGE
Target $25
MKMP
Buy
WWE weakness a buying opportunity, says MKM Partners
MKM Partners analyst Eric Handler views weakness in WWE following the mixed Q1 results and soft Q2 outlook as a buying opportunity. Handler remains positive on long-term growth and said management is confident it can produce nearly 70% adjusted OIBDA growth in 2H 2017 due to lower level of operating expenses. He mentions that churn continues to move lower and believes recent international announcements should help accelerate subscriber growth for the WWE Network in late 2017 or next year. The analyst rates WWE a Buy with a $25 price target.
01/11/17
GUGG
01/11/17
INITIATION
GUGG
Buy
WWE initiated with a Buy at Guggenheim
01/12/17
01/12/17
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. Xerox (XRX) assumed with an Overweight at Morgan Stanley. 2. General Dynamics (GD) and Raytheon (RTN) were initiated with an Outperform at RBC Capital, while the firm initiated Boeing (BA) with an Underperform and initiated Lockheed Martin (LMT) and United Technologies (UTX) with a Sector Perform. 3. WWE (WWE) initiated with a Buy at Guggenheim. 4. Aaron's (AAN) initiated with an Overweight at Stephens. 5. Zendesk (ZEN) initiated with an Outperform at Cowen. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
DIS Disney

05/17/17
MACQ
05/17/17
DOWNGRADE
Target $105
MACQ
Neutral
Disney downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Tim Nollen downgraded Disney to Neutral and lowered his price target for the shares to $105 from $125. The company's exposure to cable and "outsized" subscriber declines at ESPN "have again become a focal point in investors' minds," Nollen tells investors in a research note. Further, the analyst, while admitting he loves Disney's film, parks and consumer products businesses, does not see catalysts at these units. He believes the shares, which closed yesterday at $107.98, are trading at fair value.
05/17/17
PIPR
05/17/17
NO CHANGE
Target $47
PIPR
Overweight
Coach collaboration with Disney to drive Q4 comps, says Piper Jaffray
Piper Jaffray analyst Erinn Murphy says she remains positive on Coach (COH) shares following the Disney (DIS) collaboration that hit outlets on May 15. The limited edition line marks the second Disney collaboration, but the first Disney launch in outlets, Murphy tells investors in a research note. The analyst expects the collaboration to positively benefit Coach's Q4 comps. She keeps an Overweight rating on the shares with a $47 price target.
05/17/17
05/17/17
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. Disney (DIS) downgraded to Neutral from Outperform at Macquarie with analyst Tim Nollen saying the company's exposure to cable and "outsized" subscriber declines at ESPN "have again become a focal point in investors' minds." 2. Pandora (P) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Heath Terry saying he was wrong in thinking the market would focus on new subscription products and a return to profitability by the fourth quarter. 3. Square (SQ) downgraded to Neutral from Buy at BTIG with analyst Mark Palmer citing valuation following the strong rally and removed his $20 price target. 4. AMD (AMD) downgraded to Hold from Buy at Loop Capital with analyst Betsy Van Hees saying she believes the stock is fairly valued and is already pricing in "a lot," including the launches of RYZEN CPUs, Vega GPUs and the new EPYC server chip. 5. Etsy (ETSY) downgraded to Hold from Buy at Loop Capital with analyst Blake Harper saying with Etsy's new management team undertaking an internal strategic and operational review, an imminent sale of the company is unlikely. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/30/17
PIPR
05/30/17
NO CHANGE
Target $130
PIPR
Overweight
Disney's "Pirates of the Caribbean" opened softer than expected
Piper Jaffray analyst Stan Meyers says Disney's fifth installment of the Pirates franchise, "Pirates of the Caribbean: Dead Men Tell No Tales," opened softer than expected with a $271M global box office. The film is pacing to gross $750M-$800M worldwide, below the analyst's $875M global box office estimate. Meyers points out, however, that he continues to see "Guardians 2" and "Beauty and the Beast" outperforming expectations. He keeps an Overweight rating on Disney with a $130 price target.

TODAY'S FREE FLY STORIES

KSU

Kansas City Southern

$105.80

-0.07 (-0.07%)

17:45
08/18/17
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17:45
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Kansas City Southern director Henry Maier buys 3,000 shares »

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  • 06

    Sep

RXII

RXi Pharmaceuticals

$0.58

-0.02 (-3.36%)

17:27
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Syndicate
Breaking Syndicate news story on RXi Pharmaceuticals »

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  • 26

    Sep

WIN

Windstream

$1.98

0.06 (3.13%)

17:27
08/18/17
08/18
17:27
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17:27
Hot Stocks
Windstream CEO acquires 25,381 common shares »

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CVM

CEL-SCI

$2.44

-0.22 (-8.27%)

17:27
08/18/17
08/18
17:27
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17:27
Syndicate
Breaking Syndicate news story on CEL-SCI »

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TRN

Trinity Industries

$28.20

-0.03 (-0.11%)

17:25
08/18/17
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ValueAct raises stake inTrinity Industries to 11% from 9.8% »

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LPTN

Lpath

17:11
08/18/17
08/18
17:11
08/18/17
17:11
Hot Stocks
Breaking Hot Stocks news story on Lpath »

Stonepine Capital reports…

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PGR

Progressive

$48.63

0.12 (0.25%)

17:08
08/18/17
08/18
17:08
08/18/17
17:08
Hot Stocks
Progressive CFO sells 50,000 common shares »

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03/08/13
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TMO

Thermo Fisher

$172.57

-0.32 (-0.19%)

17:06
08/18/17
08/18
17:06
08/18/17
17:06
Hot Stocks
Thermo Fisher director sells 11,318 shares »

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  • 06

    Sep

SMBC

Southern Missouri Bancorp

$31.18

-0.05 (-0.16%)

17:06
08/18/17
08/18
17:06
08/18/17
17:06
Hot Stocks
Southern Missouri Bancorp and Southern Missouri Bancshares to merge »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:58
08/18/17
08/18
16:58
08/18/17
16:58
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says ended advisory…

03/08/13
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03/06/13
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03/06/13
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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
08/18/17
16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says ending…

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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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
08/18/17
16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says never had…

03/08/13
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03/06/13
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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:56
08/18/17
08/18
16:56
08/18/17
16:56
Hot Stocks
Icahn no longer special advisor to President Trump on regulatory reform issues »

Carl Icahn, founder of…

03/08/13
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03/08/13
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03/06/13
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NVTA

Invitae

$9.60

0.05 (0.52%)

16:55
08/18/17
08/18
16:55
08/18/17
16:55
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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NVTA

Invitae

$9.60

0.05 (0.52%)

16:49
08/18/17
08/18
16:49
08/18/17
16:49
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

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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MU

Micron

$30.38

0.76 (2.57%)

16:48
08/18/17
08/18
16:48
08/18/17
16:48
Hot Stocks
Micron director sells 25,000 common shares »

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03/08/13
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  • 29

    Aug

  • 06

    Sep

INSY

Insys Therapeutics

$9.17

-0.11 (-1.19%)

16:42
08/18/17
08/18
16:42
08/18/17
16:42
Hot Stocks
Insys agrees to pay $4.45M to settle opioid marketing suit »

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AKTX

Akari Therapeutics

16:34
08/18/17
08/18
16:34
08/18/17
16:34
Syndicate
Breaking Syndicate news story on Akari Therapeutics »

Akari Therapeutics files…

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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JMBA

Jamba

$9.11

-0.04 (-0.44%)

16:32
08/18/17
08/18
16:32
08/18/17
16:32
Hot Stocks
Jamba receives expected letter from Nasdaq »

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HIL

Hill International

$4.50

0.2 (4.65%)

16:31
08/18/17
08/18
16:31
08/18/17
16:31
Hot Stocks
Hill International receives NYSE notice regarding late Form 10-Q filing »

Hill International…

03/08/13
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TGT

Target

$55.65

-0.47 (-0.84%)

16:30
08/18/17
08/18
16:30
08/18/17
16:30
Periodicals
Target ends relationship with food startup Hampton Creek, Bloomberg says »

After an internal review,…

03/08/13
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16:30
08/18/17
08/18
16:30
08/18/17
16:30
Options
Preliminary option volume of 23.2M today »

Preliminary option volume…

NBEV

New Age Beverages

$3.51

-0.49 (-12.25%)

16:29
08/18/17
08/18
16:29
08/18/17
16:29
Hot Stocks
New Age Beverages director sells nearly 42,000 common shares »

In a regulatory filing,…

03/08/13
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03/06/13
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03/06/13
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  • 28

    Sep

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

, ESV

Ensco

$4.28

0.12 (2.88%)

16:24
08/18/17
08/18
16:24
08/18/17
16:24
Hot Stocks
Atwood Oceanics, Ensco file proxy materials in connection with pending merger »

Ensco (ESV) and Atwood…

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

ESV

Ensco

$4.28

0.12 (2.88%)

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

Nestle

$83.76

-0.1 (-0.12%)

16:23
08/18/17
08/18
16:23
08/18/17
16:23
Periodicals
Nestle faces potential fraud suit over Poland Spring marketing, WSJ says »

Nestle is facing a…

03/08/13
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