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WMT

Wal-Mart

$78.91

-0.99 (-1.24%)

, AMZN

Amazon.com

$964.17

-12.3 (-1.26%)

18:35
06/15/17
06/15
18:35
06/15/17
18:35

NPD: Wal-Mart back-to-school online sales to surpass Amazon's, Reuters says

Wal-Mart's (WMT) online sales will likely increase by double than that of rival Amazon.com (AMZN) during the upcoming back-to-school season, assisted by the Jet.com takeover and competitive price offerings, Reuters reports, citing NPD. NPD chief analyst Marshal Cohen said that an "aggressive" pricing and marketing strategy, along with Amazon's business having reached maturity in the season's sales, will result in Wal-Mart winning the online retail battle this back-to-school season, the report says. Reference Link

WMT

Wal-Mart

$78.91

-0.99 (-1.24%)

AMZN

Amazon.com

$964.17

-12.3 (-1.26%)

  • 20

    Jun

WMT Wal-Mart
$78.91

-0.99 (-1.24%)

06/15/17
NOMU
06/15/17
NO CHANGE
NOMU
Amazon.com price target raised to $1,100 from $975 at Nomura Instinet
Nomura Instinet analyst Anthony DiClemente says that Amazon's (AMZN) current valuation is "reasonable." The analyst says that, assuming the cloud business is worth $220B, based on a 2020 multiple similar to that given Microsoft (MSFT), while its Prime video business is worth $8B, or 12% of Netflix's (NFLX) current valuation, and its advertising business is worth $27B, or double his estimate of Snap's (SNAP) total valuation, the company's e-commerce business is only being valued at about $210B at current levels. Noting that Wal-Mart (WMT) is currently valued at $280B, the analyst says that Amazon's valuation "is not excessively strencthed." DiClemente raised his 2020 EV/EBITDA multiple for the cloud business to 14x from 13.5x, noting that SAP (SAP), Oracle (ORCL) and Microsoft (MSFT) all had higher multiples at similar points in their histories. The analyst raised his target multiple for Amazon's North America e-commerce business to 13x from 12x, which he says is in-line with Wal-Mart's mean multiple from 1992-2001. He raised his price target on Amazon to $1,100 from $975 and keeps a Buy rating on the stock.
05/31/17
BARD
05/31/17
NO CHANGE
Target $85
BARD
Outperform
Wal-Mart e-commerce coming into focus, says Baird
Baird analyst Peter Benedict noted upcoming Wal-Mart events that will give the company the chance to provide a baseline on its e-commerce operation. The analyst noted the operation is beginning to show some encouraging signs despite profitability remaining in flux. He noted the upcoming shareholder's meeting and the Baird conference as two opportunities that are imminent. Benedict reiterated his Outperform rating and $85 price target on Wal-Mart shares.
05/19/17
COWN
05/19/17
NO CHANGE
Target $83
COWN
Outperform
Wal-Mart e-commerce business remains in early innings, says Cowen
Cowen analyst Oliver Chen said Wal-Mart continues to execute in a difficult retail environment. He noted e-commerce sales were up 63% during the quarter and he believes they remain in the early innings. Chen believes Wal-Mart will continue to innovate and execute and thus reiterated his Outperform rating and $83 price target on Wal-Mart shares.
05/19/17
BMOC
05/19/17
UPGRADE
BMOC
Market Perform
Wal-Mart upgraded on outlook improvement at BMO Capital
As noted earlier, BMO Capital upgraded Wal-Mart to Market Perform from Underperform. Analyst Wayne Hood says the outlook of the company's sales and transaction growth has improved in the wake of its Q1 results. However, he adds that the retailer continues to face "many challenges." Target to $80 from $63.
AMZN Amazon.com
$964.17

-12.3 (-1.26%)

06/15/17
06/15/17
NO CHANGE

FANG fundamentals still strong but stocks may moderate, says Canaccord
Canaccord analyst Michael Graham noted the FANG stocks - Facebook (FB),Amazon (AMZN), Netflix (NFLX), and Google parent Alphabet (GOOG) - outpaced the S&P by a great deal and he feels even though fundamentals remain strong, the shares' momentum may begin to moderate. Graham believes most of the growth opportunities in tech remain with the FANG group but he believes valuations are quite reasonable. He downgraded Alphabet to Hold from Buy and believes that Amazon is the one to own long-term.
06/15/17
NOMU
06/15/17
NO CHANGE
Target $1100
NOMU
Buy
Amazon price target raised to $1,100 from $975 at Nomura Instinet
Nomura Instinet analyst Anthony DiClemente raised his price target on Amazon.com to $1,100 from $975, citing a change in valuation to account for the company's expanding addressable markets as it continues to dominate its core e-commerce business while investing in new areas. Despite EPS and EBITDA forecasts recently moving higher, the stock continues to rise, which DiClemente attributes to optimism for Alexa/AI, the company's large advertising opportunity, and video growth initiatives. He keeps a Buy rating on Amazon shares.
06/12/17
PIPR
06/12/17
NO CHANGE
Target $1200
PIPR
Overweight
Amazon.com price target raised to $1,200 from $1,050 at Piper Jaffray
Piper Jaffray analyst Michael Olson continues to believe that Amazon.com is the best positioned large cap internet platform for the next five-plus years. He raised his price target for the shares to $1,200 from $1,050 and reiterates an Overweight rating on the name. The stock closed Friday down $31.96, or 3%, to $978.31. An analysis of Google search trends indicates Amazon retail unit growth will likely see little to no deceleration in Q2 relative to the 24% growth experienced in Q1, Olson tells investors in a research note. He believes Amazon retail is tracking for an in-line quarter. The analyst reiterates an Overweight rating on the shares.

TODAY'S FREE FLY STORIES

RGA

Reinsurance Group

$126.86

-0.36 (-0.28%)

04:55
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Conference/Events
Reinsurance Group management to meet with JPMorgan »

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SRCL

Stericycle

$77.24

-1.01 (-1.29%)

04:55
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Stericycle management to meet with Barrington »

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THO

Thor Industries

$107.33

-1.47 (-1.35%)

04:55
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Conference/Events
Thor Industries management to meet with Cancaccord »

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  • 28

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    Jul

IDCC

InterDigital

$79.80

-0.65 (-0.81%)

04:55
06/28/17
06/28
04:55
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04:55
Conference/Events
InterDigital management to meet with Sidoti »

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  • 28

    Jun

NP

Neenah Paper

$77.80

-1.6 (-2.02%)

04:55
06/28/17
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04:55
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04:55
Conference/Events
Neenah Paper management to meet with Sidoti »

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  • 28

    Jun

AGCO

AGCO

$66.47

-0.67 (-1.00%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
AGCO management to meet with William Blair »

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  • 28

    Jun

  • 10

    Aug

04:55
06/28/17
06/28
04:55
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04:55
General news
Pending Home Sales Index to be reported at 10:00 »

May Pending Home Sales…

PRTS

U.S. Auto Parts

$3.23

-0.02 (-0.62%)

04:55
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06/28
04:55
06/28/17
04:55
Conference/Events
U.S. Auto Parts management to meet with Roth Capital »

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  • 28

    Jun

04:55
06/28/17
06/28
04:55
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Conference/Events
JPMorgan life sciences analyst holds an analyst/industry conference call »

Life Science Tools &…

STE

STERIS

$81.47

-1.64 (-1.97%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
STERIS management to meet with Sidoti »

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  • 28

    Jun

VTR

Ventas

$71.17

-0.76 (-1.06%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
Ventas management to meet with Raymond James »

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  • 28

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    Jun

SMTC

Semtech

$34.85

-0.6 (-1.69%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
Semtech management to meet with Oppenheimer »

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  • 28

    Jun

  • 29

    Jun

IVZ

Invesco

$34.77

-0.24 (-0.69%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
Invesco management to meet with Jefferies »

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  • 28

    Jun

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    Jun

DHXM

DHX Media

$4.30

0.15 (3.61%)

04:55
06/28/17
06/28
04:55
06/28/17
04:55
Conference/Events
DHX Media management to meet with Jefferies »

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  • 28

    Jun

04:55
06/28/17
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General news
International Trade in Goods Balance to be reported at 08:30 »

May International Trade…

PODD

Insulet

$49.00

-1.22 (-2.43%)

04:55
06/28/17
06/28
04:55
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04:55
Conference/Events
Insulet participates in a conference call with Leerink »

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  • 28

    Jun

NFG

National Fuel

$55.85

-0.45 (-0.80%)

04:55
06/28/17
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04:55
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04:55
Conference/Events
National Fuel management to meet with Jefferies »

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  • 28

    Jun

OXY

Occidental Petroleum

$59.63

-0.38 (-0.63%)

04:55
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Conference/Events
Occidental Petroleum management to meet with Evercore ISI »

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  • 28

    Jun

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Breaking General news story  »

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NBIX

Neurocrine

$45.56

-1.75 (-3.70%)

04:55
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04:55
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04:55
Conference/Events
Neurocrine management to meet with Oppenheimer »

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  • 28

    Jun

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    Jun

LPI

Laredo Petroleum

$10.03

0.24 (2.45%)

04:55
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06/28
04:55
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Conference/Events
Laredo Petroleum management to meet with Piper Jaffray »

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  • 28

    Jun

MPWR

Monolithic Power

$96.84

-2.67 (-2.68%)

04:55
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04:55
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Conference/Events
Monolithic Power management to meet with Oppeneimer »

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  • 28

    Jun

TRS

TriMas

$20.60

-0.1 (-0.48%)

04:55
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04:55
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Conference/Events
TriMas management to meet with Barrington »

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  • 28

    Jun

ORCL

Oracle

$50.75

-0.11 (-0.22%)

04:55
06/28/17
06/28
04:55
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Conference/Events
Oracle management to meet with Evercore ISI »

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  • 28

    Jun

UNFI

United Natural Foods

$34.95

-0.08 (-0.23%)

04:55
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06/28
04:55
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Conference/Events
United Natural Foods management to meet with Oppenheimer »

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  • 28

    Jun

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    Jul

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