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AMD

AMD

$13.80

-0.12 (-0.86%)

, INTC

Intel

$34.47

-0.21 (-0.61%)

08:40
07/18/17
07/18
08:40
07/18/17
08:40

AMD outlook mixed, says BMO Capital

BMO Capital analyst Ambrish Srivastava says he is "a bit cautious" on AMD (AMD) heading into its results as he believes that crypto mining demand and profitability "could collapse." However, the analyst remains upbeat on AMDs longer term outlook, as he thinks that it can deliver "consistent execution in its emerging product areas" and gain share from Intel (INTC) and Nvidia (NVDA). He keeps an Outperform rating on AMD.

AMD

AMD

$13.80

-0.12 (-0.86%)

INTC

Intel

$34.47

-0.21 (-0.61%)

NVDA

Nvidia

$164.25

-0.7 (-0.42%)

  • 25

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    Aug

AMD AMD
$13.80

-0.12 (-0.86%)

07/10/17
MZHO
07/10/17
NO CHANGE
Target $15
MZHO
Buy
AMD could see better than expected 2H revenues, says Mizuho
Mizuho analyst Vijay Rakesh said AMD could see better than expected second half 2017 revenues due to better PC demand, gaming console seasonality, new Ryzen/Vega product ramps, and Bitcoin related shortages in GPUs for mining. The analyst raised AMD's price target to $15 from $14 and reiterates his Buy rating.
07/10/17
JPMS
07/10/17
NO CHANGE
JPMS
JPMorgan raises semiconductor market forecasts after strong May
JPMorgan analyst Hisashi Moriyama attributes data center demand due to the spread of cloud computing and expanding applications for Internet of Things as driving better than expected May growth in the semiconductor market. The analyst, who also believes growth to the automobile market is accelerating, raised his semiconductor market forecasts given the strong May. Publicly traded companies in the semiconductor space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).
07/18/17
LEHM
07/18/17
DOWNGRADE
Target $9
LEHM
Underweight
AMD downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Blayne Curtis downgraded AMD (AMD) to Underweight with an unchanged price target of $9. The chipmaker closed yesterday down 12c to $13.80. The analyst is "unconvinced" that AMD products will gain enough traction to support the current valuation. He also has difficulty "getting anywhere near" the company's long-term earnings per share target of 75c. Curtis likes shares of Cavium (CAVM) and Cypress Semiconductor (CY) in the U.S. Semiconductors space heading into Q2 earnings.
07/18/17
LEHM
07/18/17
UPGRADE
Target $60
LEHM
Equal Weight
Xilinx upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Blayne Curtis upgraded Xilinx (XLNX) to Equal Weight saying he sees more downside elsewhere in the U.S. Semiconductors space. The analyst raised his price target for the shares to $60 from $53. The analyst this morning downgraded both AMD (AMD) and Cirrus Logic (CRUS) to Underweight.
INTC Intel
$34.47

-0.21 (-0.61%)

07/12/17
HDLY
07/12/17
INITIATION
Target $41
HDLY
Long-Term Buy
Intel initiated with a Long-Term Buy at Hilliard Lyons
Hilliard Lyons analyst Stephen Turner initiated Intel with a Long-Term Buy and a $41 price target telling investors he expects new growth markets to expand the company's total addressable market over the next 5-10 years. The analyst is also positive on Intel's strategy shift toward the data center, and connecting end market devices, and its history of consistent dividend growth, buybacks, and synergistic M&A.
07/12/17
KEYB
07/12/17
NO CHANGE
KEYB
Monolithic Power should be bought ahead of results, says KeyBanc
KeyBanc analyst John Vinh recommends buying Monolithic Power (MPWR) ahead of its Q2 results. He thinks that investors' focus will be on the company's Q3 guidance, and he believes that the guidance will be boosted by content gains in Microsoft's (MSFT) new Xbox and Intel's (INTC) Purley chip.
07/12/17
NEED
07/12/17
NO CHANGE
Target $43
NEED
Buy
Needham remains positive on Intel
After attending Intel's (INTC) official launch event for its Xeon Scalable Platform, Needham analyst N. Quinn Bolton says he came away positive on Intel's shares and expects the ramp to positively impact Cavium (CAVM), Integrated Device (IDTI), Monolithic Power (MPWR) and Microsemi (MSCC). The analyst reiterates a Buy rating and $43 price target on Intel's shares.
07/12/17
WELS
07/12/17
NO CHANGE
WELS
Intel datacenter growth could reach double digits, says Wells Fargo
Wells Fargo analyst David Wong says that the growth of Intel's datacenter unit "could well rise solidly into the double digit percent year-over-year range" in 2H17, driven by the company's new Purley chip. Wong continues to identify the stock as a top pick.
NVDA Nvidia
$164.25

-0.7 (-0.42%)

07/12/17
RHCO
07/12/17
UPGRADE
RHCO
Buy
Nvidia upgraded to Buy from Hold at SunTrust
07/12/17
JEFF
07/12/17
NO CHANGE
Target $125
JEFF
Underperform
IBM price target lowered to $125 from $135 at Jefferies
Jefferies analyst James Kisner lowered his price target for IBM (IBM) to $125 and reiterates an Underperform rating on the shares. While channel checks indicate IBM's Watson platform remains one of the most complete cognitive platforms available in the marketplace today, the "hefty services" component of many artificial intelligence deployments will be a hindrance to adoption, Kisner tells investors in a research note titled "Creating Shareholder Value with AI? Not so Elementary, My Dear Watson." The analyst also believes IBM looks "outgunned in the war" for AI talent and will likely see increasing competition. Kisner adds that his firm believes Nvidia (NVDA) is the biggest beneficiary of ramping AI adoption. He lists Pure Storage (PSTG) and Mellanox (MLNX) as other beneficiaries.
07/12/17
RHCO
07/12/17
UPGRADE
RHCO
Buy
Nvidia upgraded on ability to beat estimates, increase multiple at SunTrust
As noted earlier, SunTrust upgraded Nvidia to Buy from Hold. Analyst William Stein upgraded the stock as he thinks that most of the company's segments can deliver stronger than expected financial results. He is especially upbeat on its datacenter for AI applications. Additionally, he thinks that the company's P/E multiple will rise because few large-cap semi companies offer structural growth, Target to $177 from $124.
07/12/17
07/12/17
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. Nvidia (NVDA) upgraded to Buy from Hold at SunTrust with analyst William Stein saying he thinks most of the company's segments can deliver stronger than expected financial results. 2. Westpac Banking (WBK) upgraded to Buy from Neutral at Goldman Sachs. 3. GrubHub (GRUB) upgraded to Outperform from Market Perform at Cowen with analyst Thomas Champion citing anticipation of its new delivery industry model and encouraging data from Cowen's proprietary consumer delivery survey. 4. Durect (DRRX) upgraded to Buy from Hold at Stifel with analyst Adam Walsh saying he predicts the stock will rise over the next 12-18 months. 5. Zimmer Biomet (ZBH) upgraded to Buy from Neutral at Guggenheim with analyst Chris Pasquale saying the resignation of the company's Chief Executive Officer indicates that it is willing to consider a needed shift in strategy. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

BG

Bunge

$77.21

-1.48 (-1.88%)

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SPX

S&P 500

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General news
Mueller expands investigation into Trump's businesses, Bloomberg reports »

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GRMN

Garmin

$51.66

1.45 (2.89%)

10:34
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Garmin acquires privately held Alphamantis Technologies; terms not disclosed »

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BG

Bunge

$77.16

-1.5283 (-1.94%)

10:33
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Bunge sees Q2 adjusted net income below low end of range of estimates »

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General news
EIA natural gas storage change for week ending July 14 »

Gas inventories 28 Bcf…

CHRW

C.H. Robinson

$68.69

-0.81 (-1.17%)

10:30
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Options
Put buyers in CH Robinson as shares fall on earnings »

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General news
Today's U.S. reports »

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STLD

Steel Dynamics

$37.49

0.99 (2.71%)

10:29
07/20/17
07/20
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Hot Stocks
Breaking Hot Stocks news story on Steel Dynamics »

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XOM

Exxon Mobil

$81.30

0.45 (0.56%)

10:29
07/20/17
07/20
10:29
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10:29
Periodicals
Exxon Mobil fined $2M over Ukraine-related sanctions violations, Reuters says »

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HD

Home Depot

$146.69

-6.615 (-4.32%)

, LOW

Lowe's

$73.43

-3.4 (-4.43%)

10:27
07/20/17
07/20
10:27
07/20/17
10:27
Recommendations
Home Depot, Lowe's analyst commentary  »

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Home Depot

$146.69

-6.615 (-4.32%)

LOW

Lowe's

$73.43

-3.4 (-4.43%)

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STLD

Steel Dynamics

$37.49

0.99 (2.71%)

, NUE

Nucor

$58.99

-1.67 (-2.75%)

10:27
07/20/17
07/20
10:27
07/20/17
10:27
Hot Stocks
Steel Dynamics CEO says flat rolled enviroment steady despite auto »

Industry will follow…

STLD

Steel Dynamics

$37.49

0.99 (2.71%)

NUE

Nucor

$58.99

-1.67 (-2.75%)

X

U.S. Steel

$24.08

-0.39 (-1.59%)

AKS

AK Steel

$6.52

-0.08 (-1.21%)

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PFE

Pfizer

$33.60

-0.025 (-0.07%)

, MRK

Merck

$63.18

0.555 (0.89%)

10:26
07/20/17
07/20
10:26
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10:26
Hot Stocks
Credit Suisse cuts Pfizer to hold, prefers Merck, J&J »

Credit Suisse downgraded…

PFE

Pfizer

$33.60

-0.025 (-0.07%)

MRK

Merck

$63.18

0.555 (0.89%)

JNJ

Johnson & Johnson

$136.04

0.83 (0.61%)

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10:25
07/20/17
07/20
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10:25
General news
U.S. leading economic index rose 0.6% to 127.8 in June »

U.S. leading economic…

C

Citi

$66.79

0.09 (0.13%)

10:25
07/20/17
07/20
10:25
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10:25
Conference/Events
Citigroup to hold a conference call »

CFO Gerspach holds a…

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STLD

Steel Dynamics

$37.49

0.99 (2.71%)

10:21
07/20/17
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Hot Stocks
Breaking Hot Stocks news story on Steel Dynamics »

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TSLA

Tesla

$325.26

-2.98 (-0.91%)

10:21
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Hot Stocks
Citi awaits better Tesla entry point as bulls, bears both make good points »

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VRTX

Vertex

$159.69

27.53 (20.83%)

10:20
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Options
Large call spread in Vertex Pharm after yesterday's surge »

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General news
Treasury Action: longer yields rotated lower again »

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STLD

Steel Dynamics

$37.49

0.99 (2.71%)

10:19
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Breaking Hot Stocks news story on Steel Dynamics »

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TSLA

Tesla

$325.26

-2.98 (-0.91%)

, JNJ

Johnson & Johnson

$136.03

0.82 (0.61%)

10:19
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Initiation
On The Fly: Top five analyst initiations »

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TSLA

Tesla

$325.26

-2.98 (-0.91%)

JNJ

Johnson & Johnson

$136.03

0.82 (0.61%)

TTS

Tile Shop

$14.83

-0.175 (-1.17%)

SBPH

Spring Bank Pharmaceuticals

$14.20

-0.12 (-0.84%)

DISCA

Discovery

$27.18

1.13 (4.34%)

SNI

Scripps Networks

$76.89

9.87 (14.73%)

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PFE

Pfizer

, RAD

Rite Aid

$2.50

-0.1322 (-5.03%)

10:19
07/20/17
07/20
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10:19
Downgrade
On The Fly: Top five analyst downgrades »

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PFE

Pfizer

RAD

Rite Aid

$2.50

-0.1322 (-5.03%)

FMSA

Fairmount Santrol

$3.63

-0.245 (-6.33%)

NEWR

New Relic

$47.96

-0.84 (-1.72%)

SND

Smart Sand

$7.87

0.25 (3.28%)

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NKE

Nike

$59.31

1.54 (2.67%)

, BGS

B&G Foods

$37.08

1.275 (3.56%)

10:18
07/20/17
07/20
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Upgrade
On The Fly: Top five analyst upgrades »

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NKE

Nike

$59.31

1.54 (2.67%)

BGS

B&G Foods

$37.08

1.275 (3.56%)

HPQ

HP Inc.

$18.86

0.155 (0.83%)

RCL

Royal Caribbean

$115.14

2.5775 (2.29%)

BWLD

Buffalo Wild Wings

$122.60

0.65 (0.53%)

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STLD

Steel Dynamics

$37.49

0.99 (2.71%)

10:18
07/20/17
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Hot Stocks
Steel Dynamics sees more stabilized scrap environment in 2H »

Comments from Q2 earnings…

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  • 20

    Jul

$NSD

NASDAQ Market Internals

10:17
07/20/17
07/20
10:17
07/20/17
10:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

10:16
07/20/17
07/20
10:16
07/20/17
10:16
Technical Analysis
NYSE market internals summary »

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