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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

11:10
08/16/17
08/16
11:10
08/16/17
11:10
General news
FX Action: USD-CAD »

FX Action: USD-CAD has…

URBN

Urban Outfitters

$16.82

-0.91 (-5.13%)

11:00
08/16/17
08/16
11:00
08/16/17
11:00
Options
Active trading in Urban Outfitters as shares rally »

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XLE

Energy Select Sector SPDR

$63.45

-0.06 (-0.09%)

, XLU

Utilities SPDR

$54.43

0.075 (0.14%)

10:59
08/16/17
08/16
10:59
08/16/17
10:59
Technical Analysis
Technical View: S&P 500 at highs of day as mid-session approaches »

The S&P 500 (SPX) was…

XLE

Energy Select Sector SPDR

$63.45

-0.06 (-0.09%)

XLU

Utilities SPDR

$54.43

0.075 (0.14%)

SPY

SPDR S&P 500 ETF Trust

$247.35

0.84 (0.34%)

SPX

S&P 500

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10:55
08/16/17
08/16
10:55
08/16/17
10:55
General news
Energy Action: NYMEX crude »

Energy Action: NYMEX…

UNP

Union Pacific

$105.65

0.8 (0.76%)

10:54
08/16/17
08/16
10:54
08/16/17
10:54
Hot Stocks
Union Pacific to recognize $90M charge in Q3 on staff reorganization plan »

On August 16, Union…

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  • 21

    Aug

  • 06

    Sep

URBN

Urban Outfitters

$16.82

-0.91 (-5.13%)

, GPS

Gap

$22.59

0.52 (2.36%)

10:51
08/16/17
08/16
10:51
08/16/17
10:51
Hot Stocks
Urban Outfitters jumps after reporting earnings, sales beat »

Shares of Urban…

URBN

Urban Outfitters

$16.82

-0.91 (-5.13%)

GPS

Gap

$22.59

0.52 (2.36%)

ANF

Abercrombie & Fitch

$9.66

0.29 (3.10%)

AEO

American Eagle

$11.33

0.41 (3.75%)

ZUMZ

Zumiez

$11.75

-0.35 (-2.89%)

BEBE

bebe stores

$5.06

-0.29 (-5.42%)

JCP

J.C. Penney

KSS

Kohl's

$38.37

0.24 (0.63%)

M

Macy's

$20.50

0.21 (1.04%)

JWN

Nordstrom

$44.64

-0.02 (-0.04%)

SHLD

Sears

$8.63

0.02 (0.23%)

AMZN

Amazon.com

$982.74

-0.56 (-0.06%)

03/08/13
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  • 16

    Aug

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    Aug

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    Aug

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    Aug

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    Aug

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    Aug

  • 24

    Aug

  • 28

    Sep

  • 09

    Nov

VALE

Vale

$9.94

0.16 (1.64%)

10:50
08/16/17
08/16
10:50
08/16/17
10:50
Options
9.8K VALE Aug - Sep 10 call spreads bought for 30c »

9.8K VALE Aug - Sep 10…

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10:41
08/16/17
08/16
10:41
08/16/17
10:41
Conference/Events
Cowen analysts hold an analyst/industry conference call »

Analysts provide a…

FCX

Freeport McMoRan

$14.68

0.71 (5.08%)

10:40
08/16/17
08/16
10:40
08/16/17
10:40
Options
Flurry of activity in Freeport McMoran as shares break a downtrend »

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GOOG

Alphabet

$922.22

-0.45 (-0.05%)

, GOOGL

Alphabet Class A

$938.08

-0.85 (-0.09%)

10:38
08/16/17
08/16
10:38
08/16/17
10:38
Initiation
On The Fly: Top analyst initiations »

Catch up on today's…click here.

GOOG

Alphabet

$922.22

-0.45 (-0.05%)

GOOGL

Alphabet Class A

$938.08

-0.85 (-0.09%)

FB

Facebook

$171.00

0.25 (0.15%)

GDDY

GoDaddy

$41.95

0.26 (0.62%)

WIX

Wix.com

$58.15

-2.35 (-3.88%)

BABA

Alibaba

$158.93

1.18 (0.75%)

AMZN

Amazon.com

$982.74

-0.56 (-0.06%)

PCLN

Priceline

$1,860.84

-13.115 (-0.70%)

SNAP

Snap

$13.10

0.36 (2.83%)

TWTR

Twitter

$16.18

0.23 (1.44%)

EBAY

eBay

$35.25

0.05 (0.14%)

HDS

HD Supply

$31.01

-0.58 (-1.84%)

SHLO

Shiloh Industries

$7.68

-0.33 (-4.12%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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  • 16

    Aug

  • 17

    Aug

  • 18

    Aug

  • 21

    Aug

  • 23

    Aug

  • 24

    Aug

  • 24

    Aug

  • 28

    Aug

  • 29

    Aug

  • 30

    Aug

  • 05

    Sep

  • 07

    Sep

  • 12

    Sep

  • 13

    Sep

DKS

Dick's Sporting

$27.57

0.7 (2.61%)

, TEVA

Teva

$17.78

-0.19 (-1.06%)

10:37
08/16/17
08/16
10:37
08/16/17
10:37
Downgrade
On The Fly: Top five analyst downgrades »

Catch up on today's…click here.

DKS

Dick's Sporting

$27.57

0.7 (2.61%)

TEVA

Teva

$17.78

-0.19 (-1.06%)

AAP

Advance Auto Parts

$88.57

1.49 (1.71%)

SLG

SL Green Realty

$99.52

0.05 (0.05%)

KRC

Kilroy Realty

$69.90

-0.07 (-0.10%)

GPT

Gramercy Property Trust

$29.15

-0.32 (-1.09%)

CBI

CB&I

$10.59

-0.605 (-5.41%)

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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  • 22

    Aug

  • 23

    Aug

  • 30

    Aug

HD

Home Depot

$152.68

2.5128 (1.67%)

, MYL

Mylan

$30.13

0.5 (1.69%)

10:37
08/16/17
08/16
10:37
08/16/17
10:37
Upgrade
On The Fly: Top five analyst upgrades »

Catch up on today's…click here.

HD

Home Depot

$152.68

2.5128 (1.67%)

MYL

Mylan

$30.13

0.5 (1.69%)

BIIB

Biogen

$287.92

1.87 (0.65%)

ZION

Zions Bancorp

$45.13

0.14 (0.31%)

PAYX

Paychex

$55.59

0.67 (1.22%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 17

    Aug

  • 18

    Aug

  • 03

    Sep

  • 08

    Sep

  • 12

    Sep

  • 09

    Oct

  • 30

    Oct

ADP

ADP

$111.58

1.89 (1.72%)

10:36
08/16/17
08/16
10:36
08/16/17
10:36
Conference/Events
Pershing Square Capital Management holds a teleconference »

Pershing discusses the…

03/08/13
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  • 17

    Aug

MYL

Mylan

$30.13

0.5 (1.69%)

, TEVA

Teva

$17.67

-0.3041 (-1.69%)

10:33
08/16/17
08/16
10:33
08/16/17
10:33
Hot Stocks
Citi views Mylan as best positioned in generic ratings shift »

Citi this morning shifted…

MYL

Mylan

$30.13

0.5 (1.69%)

TEVA

Teva

$17.67

-0.3041 (-1.69%)

ENDP

Endo

$8.14

0.52 (6.82%)

03/08/13
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  • 30

    Aug

  • 03

    Sep

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    Oct

XGTI

xG Technology

$2.21

-0.08 (-3.49%)

10:32
08/16/17
08/16
10:32
08/16/17
10:32
Syndicate
xG Technology announces $3.2M registered direct offering, private placement »

xG Technology announced…

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  • 16

    Aug

10:32
08/16/17
08/16
10:32
08/16/17
10:32
General news
Crude Inventories for the week of August 11 »

Crude inventories 8.94M…

EVOL

Evolving Systems

$4.90

-0.2 (-3.92%)

10:31
08/16/17
08/16
10:31
08/16/17
10:31
Hot Stocks
Evolving Systems to acquire Lumata; terms not disclosed »

Evolving Systems…

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CL

Colgate-Palmolive

$71.85

0.045 (0.06%)

10:30
08/16/17
08/16
10:30
08/16/17
10:30
Options
4.5K Colgate Aug - Sep 72.5 put spreads sold at 76c »

4.5K Colgate Aug - Sep…

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NEFF

Neff

$24.80

-1.35 (-5.16%)

, HEES

H&E Equipment

$21.09

0.16 (0.76%)

10:29
08/16/17
08/16
10:29
08/16/17
10:29
Hot Stocks
Breaking Hot Stocks news story on Neff, H&E Equipment »

Neff says to move forward…

NEFF

Neff

$24.80

-1.35 (-5.16%)

HEES

H&E Equipment

$21.09

0.16 (0.76%)

03/08/13
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AAP

Advance Auto Parts

$88.96

1.875 (2.15%)

10:28
08/16/17
08/16
10:28
08/16/17
10:28
Recommendations
Advance Auto Parts analyst commentary  »

Advance Auto Parts…

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NEFF

Neff

$24.78

-1.375 (-5.26%)

, HEES

H&E Equipment

$21.09

0.16 (0.76%)

10:28
08/16/17
08/16
10:28
08/16/17
10:28
Hot Stocks
Neff: H&E Equipment won't submit revised proposal to acquire company »

Neff Corporation (NEFF)…

NEFF

Neff

$24.78

-1.375 (-5.26%)

HEES

H&E Equipment

$21.09

0.16 (0.76%)

03/08/13
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NVRO

Nevro

$83.02

0.58 (0.70%)

10:25
08/16/17
08/16
10:25
08/16/17
10:25
Conference/Events
Nevro has conference call hosted by Leerink »

Conference call to be…

03/08/13
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  • 16

    Aug

  • 21

    Aug

BMY

Bristol-Myers

$57.39

-0.48 (-0.83%)

, EXEL

Exelixis

$26.91

0.17 (0.64%)

10:22
08/16/17
08/16
10:22
08/16/17
10:22
Hot Stocks
Analysts bullish on Exelixis after rival faces setback in kidney cancer trial »

Bristol-Myers Squibb…

BMY

Bristol-Myers

$57.39

-0.48 (-0.83%)

EXEL

Exelixis

$26.91

0.17 (0.64%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 17

    Aug

  • 18

    Aug

  • 08

    Sep

  • 11

    Sep

  • 24

    Sep

  • 09

    Nov

  • 05

    Mar

ETSY

Etsy

$15.64

-0.55 (-3.40%)

10:20
08/16/17
08/16
10:20
08/16/17
10:20
Options
Early selling in Etsy calls Wednesday »

Early selling in Etsy…

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03/06/13
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$NSD

NASDAQ Market Internals

10:17
08/16/17
08/16
10:17
08/16/17
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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