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AMZN

Amazon.com

$1,001.30

-0.93 (-0.09%)

, GPRO

GoPro

$7.74

0.04 (0.52%)

06:35
06/23/17
06/23
06:35
06/23/17
06:35

Drone industry urges Trump administration for more regulation, Recode reports

Key players in the drone industry urged the Trump administration to quickly implement more flexible regulations and rules at a meeting at the White House yesterday in an effort to get more drones to be used for work, Recode reports, citing drone executives who attended. While it is currently legal to fly drones, the Federal Aviation Administration has yet to create rules allowing drones to fly out of sight of the operator or at night without special waivers making much commercial activity that could be used by companies, such as Amazon (AMZN) or GoPro (GPRO), still largely not legal. Reference Link

AMZN

Amazon.com

$1,001.30

-0.93 (-0.09%)

GPRO

GoPro

$7.74

0.04 (0.52%)

  • 28

    Jun

AMZN Amazon.com
$1,001.30

-0.93 (-0.09%)

06/22/17
JPMS
06/22/17
NO CHANGE
JPMS
JPMorgan has 'hard time' seeing bidder topping Amazon deal for Whole Foods
Noting that Whole Foods (WFM) shares continue to trade above Amazon's (AMZN) agreed upon buying price of $42 per share, and that at least two other firm's raised their price targets above the deal price, JPMorgan's analyst team of Ken Goldman, Chris Horvers, and Doug Anmuth discussed their views on whether another strategic bidder is likely to top Amazon's takeover price with a rival bid. They have a "hard time seeing" Kroger (KR), Costco (COST), or Target (TGT) doing so, and while acknowledging that Wal-Mart (WMT) could make a bid, they think that its chance to beat out Amazon appears low and that Wal-Mart's primary opportunity is online, not grocery. The team concludes that they "don't believe a serious bid comes out of Bentonville that wouldn't be countered."
06/22/17
ADAM
06/22/17
NO CHANGE
Target $75
ADAM
Buy
Foot Locker remains a key partner of Nike, says Canaccord
Canaccord analyst Camilo Lyon said Nike (NKE) remains a key partner of Foot Locker (FL) and gave five reasons why the former's partnership with Amazon (AMZN) would not hurt them. He said Foot Locker helps commercialize Nike's innovations; more than 60% of its customers pay in cash and are less likely to use Amazon; the company has created a thriving environment for sneaker culture that intersects with local communities; the assortment on Amazon would be more mainstream, posing a bigger threat to department stores; and Foot Locker could reduce orders and shift purchases to other brands. Lyon reiterated his Buy rating and $75 price target on Foot Locker shares.
06/21/17
LEHM
06/21/17
NO CHANGE
LEHM
Overweight
Foot Locker weakness should be 'aggressively" bought, says Barclays
Barclays recommends buying Foot Locker "aggressively" on weakness today following reports of Nike (NKE) potentially partnering directly with Amazon (AMZN). Analyst Matthew McClintock believes the market is overreacting and discounting Foot Locker's premium product positioning. The analyst notes most of Under Armour's (UA) marquee products are not being sold directly by Amazon, but through third party vendors, and expects Nike to pursue a similar strategy and also not introduce new innovative products through Amazon.
06/21/17
SUSQ
06/21/17
NO CHANGE
SUSQ
Foot Locker, Dick's weakness a buying opportunity, says Susquehanna
Susquehanna analyst Sam Poser noted that Dick's Sporting Goods (DKS) hit a 52-week low earlier in the session while Foot Locker (FL), Shoe Carnival (SCVL) and Hibbett Sports (HIBB) all fell to multi-year lows amid speculation that Nike (NKE) will begin selling directly via Amazon (AMZN). However, he contends Nike will not sell premium marquee product to any retailer, including Amazon, if it dilutes the brand. Noting that Nike continues to invest in Foot Locker and Dick's, he said he would buy those two stocks amid today's weakness.
GPRO GoPro
$7.74

0.04 (0.52%)

06/07/17
ADAM
06/07/17
NO CHANGE
Target $72
ADAM
Buy
Ambarella transition to continue for several quarters, says Canaccord
Canaccord analyst Matthew Ramsay noted Ambarella reported better than expected Q1 results reflecting strength in several end markets, including professional and home security, automotive, wearable cameras, offset by a decline in drone sales from Tier-2 customers. The company maintained flat guidance while the analyst believes the company will remain in transition until the computer vision family of products is detailed further to investors. Ramsay maintained his Buy rating and $72 price target on Ambarella shares.
04/27/17
ADAM
04/27/17
NO CHANGE
Target $72
ADAM
Buy
Ambarella has compelling potential opportunity with Amazon, says Canaccord
Canaccord analyst Matthew Ramsay believes the future of Ambarella (AMBA) will be driven by a combination of image capture and computer vision artificial intelligence processing in several end markets, including security, drone, and automotive cameras. Ramsay believes its first computer vision application will come in Amazon's (AMZN) new Echo Look camera. He believes despite the decline of GoPro (GPRO) business, investors are beginning to understand Ambarella's complex sensor fusion logic algorithm and computer vision hardware roadmaps. Ramsay reiterated his Buy rating and $72 price target on Ambarella shares.
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
JPMS
03/16/17
NO CHANGE
Target $12
JPMS
Overweight
GoPro can return to profitability, growth in 2017, says JPMorgan
After last night's "positive" preannouncement and earlier than expected restructuring, JPMorgan analyst Paul Coster says that with solid execution, GoPro can return to full-year profitability and growth in 2017. He believes the stock looks undervalued and keeps an Overweight rating on the name with a $12 price target.

TODAY'S FREE FLY STORIES

SYNA

Synaptics

$38.21

0.57 (1.51%)

04:55
11/18/17
11/18
04:55
11/18/17
04:55
Conference/Events
Synaptics management to meet with KeyBanc »

Meeting to be held in the…

03/08/13
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03/06/13
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03/06/13
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  • 18

    Nov

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

18:01
11/17/17
11/17
18:01
11/17/17
18:01
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

S&P Dow Jones Indices…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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  • 28

    Nov

  • 06

    Dec

WGL

WGL Holdings

$84.32

-0.14 (-0.17%)

18:01
11/17/17
11/17
18:01
11/17/17
18:01
Earnings
WGL Holdings reports Q4 adjusted EPS (17c), consensus (19c) »

Reports Q4 revenue…

03/08/13
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03/06/13
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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

, LMOS

Lumos Networks

17:58
11/17/17
11/17
17:58
11/17/17
17:58
Hot Stocks
Tactile Systems to replace Lumos Networks in S&P 600 at open on 11/22 »

EQT Infrastructure…

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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  • 28

    Nov

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

, MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

17:56
11/17/17
11/17
17:56
11/17/17
17:56
Hot Stocks
Breaking Hot Stocks news story on Invesco Mortgage, MKS Instruments »

Invesco Mortgage to…

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
Barclays

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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

17:55
11/17/17
11/17
17:55
11/17/17
17:55
Hot Stocks
MKS Instruments to replace Brocade in S&P 400 at open on 11/22 »

S&P 500 constituent…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

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

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  • 06

    Dec

UQM

UQM Technologies

$1.18

0.015 (1.29%)

17:24
11/17/17
11/17
17:24
11/17/17
17:24
Syndicate
Breaking Syndicate news story on UQM Technologies »

UQM Technologies files to…

03/08/13
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03/06/13
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03/06/13
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GS

Goldman Sachs

$238.02

-1.35 (-0.56%)

17:23
11/17/17
11/17
17:23
11/17/17
17:23
Periodicals
Goldman Sachs has $510M lawsuit dismissed, Reuters reports »

A $510M lawsuit that…

03/08/13
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03/06/13
Citigroup
03/06/13
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VICL

Vical

$1.94

-0.02 (-1.02%)

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

Biotechnology Value Fund…

03/08/13
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03/06/13
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03/06/13
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LGND

Ligand

$140.31

-1.4 (-0.99%)

17:18
11/17/17
11/17
17:18
11/17/17
17:18
Hot Stocks
Ligand director sells 5,000 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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LGND

Ligand

$140.31

-1.4 (-0.99%)

17:17
11/17/17
11/17
17:17
11/17/17
17:17
Hot Stocks
Ligand CFO sells 6,559 common shares »

In a regulatory filing,…

03/08/13
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LGND

Ligand

$140.31

-1.4 (-0.99%)

17:17
11/17/17
11/17
17:17
11/17/17
17:17
Hot Stocks
Ligand CEO sells 5,269 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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MBI

MBIA

$9.01

0.13 (1.46%)

17:15
11/17/17
11/17
17:15
11/17/17
17:15
Hot Stocks
Breaking Hot Stocks news story on MBIA »

Fine Capital Partners…

03/08/13
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03/06/13
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03/06/13
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RBCN

Rubicon

$8.07

0.1218 (1.53%)

17:03
11/17/17
11/17
17:03
11/17/17
17:03
Hot Stocks
Breaking Hot Stocks news story on Rubicon »

Bandera Partners reports…

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ANCB

Anchor Bancorp

$24.75

-0.1 (-0.40%)

17:02
11/17/17
11/17
17:02
11/17/17
17:02
Hot Stocks
Anchor Bancorp announces stock repurchase program, 10b5-1 trading plan »

Anchor Bancorp announced…

03/08/13
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GIFI

Gulf Island Fabrication

$12.30

-0.1 (-0.81%)

16:58
11/17/17
11/17
16:58
11/17/17
16:58
Syndicate
Breaking Syndicate news story on Gulf Island Fabrication »

Gulf Island Fabrication…

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MPB

Mid Penn Bancorp

$31.09

0.59 (1.93%)

16:51
11/17/17
11/17
16:51
11/17/17
16:51
Hot Stocks
Mid Penn Bancorp, Scottdale shareholders approve merger »

Mid Penn Bancorp and The…

03/08/13
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CALD

Callidus Software

$28.95

0.3 (1.05%)

16:49
11/17/17
11/17
16:49
11/17/17
16:49
Initiation
Callidus Software initiated at First Analysis »

Callidus Software…

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GIFI

Gulf Island Fabrication

$12.30

-0.1 (-0.81%)

16:46
11/17/17
11/17
16:46
11/17/17
16:46
Hot Stocks
Breaking Hot Stocks news story on Gulf Island Fabrication »

Piton Capital Partners…

03/08/13
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GE

General Electric

$18.21

-0.04 (-0.22%)

16:42
11/17/17
11/17
16:42
11/17/17
16:42
Hot Stocks
General Electric CEO acquires 60,000 common shares »

In a regulatory filing…

03/08/13
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NRE

Northstar Realty Europe

$14.20

0.05 (0.35%)

16:33
11/17/17
11/17
16:33
11/17/17
16:33
Syndicate
Breaking Syndicate news story on Northstar Realty Europe »

Northstar Realty Europe…

03/08/13
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03/06/13
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  • 28

    Nov

  • 29

    Nov

  • 30

    Nov

FHN

First Horizon

$18.40

0.1 (0.55%)

, CBF

Capital Bank

$39.95

0.25 (0.63%)

16:33
11/17/17
11/17
16:33
11/17/17
16:33
Hot Stocks
First Horizon, Capital Bank agree to sell two branches to Apex Bank »

First Horizon (FHN) and…

FHN

First Horizon

$18.40

0.1 (0.55%)

CBF

Capital Bank

$39.95

0.25 (0.63%)

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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LII

Lennox

$194.25

-0.75 (-0.38%)

16:32
11/17/17
11/17
16:32
11/17/17
16:32
Hot Stocks
Lennox executive sells 2,500 common shares »

In a regulatory filing,…

03/08/13
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03/06/13
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  • 28

    Nov

TBNK

Territorial Bancorp

$30.99

0.21 (0.68%)

16:31
11/17/17
11/17
16:31
11/17/17
16:31
Hot Stocks
Territorial Bancorp declares special cash dividend of 30c per share »

Payable on December 20.…

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TRTN

Triton International

$40.07

-0.77 (-1.89%)

16:30
11/17/17
11/17
16:30
11/17/17
16:30
Hot Stocks
Triton International's Hanau sells 10,000 common shares »

In a regulatory filing,…

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