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AMZN

Amazon.com

$1,020.04

-25.96 (-2.48%)

, SHOP

Shopify

$92.98

2.55 (2.82%)

08:44
07/31/17
07/31
08:44
07/31/17
08:44

Amazon B2B success has positive implications for Shopify, says Credit Suisse

Credit Suisse analyst Michael Nemeroff notes that Amazon (AMZN) has announced that its B2B marketplace, Amazon Business, surpassed 1M business customers since its launch in April 2015. The analyst believes that Amazon's success in the B2B market has positive implications for Shopify (SHOP), which recently announced the launch of its Wholesale Channel for Shopify Plus, an offering that allows merchants to present password protected storefronts that allow commercial buyers to purchase bulk orders at wholesale prices.

AMZN

Amazon.com

$1,020.04

-25.96 (-2.48%)

SHOP

Shopify

$92.98

2.55 (2.82%)

  • 01

    Aug

  • 08

    Aug

  • 16

    Aug

  • 18

    Aug

AMZN Amazon.com
$1,020.04

-25.96 (-2.48%)

07/28/17
RBCM
07/28/17
NO CHANGE
RBCM
Amazon.com large investments justified, says RBC Capital
RBC Capital analyst Mark Mahaney says that Amazon's large investment last quarter is justified by its "very large" total available markets, its" investment track record and its current growth acceleration." The analyst says that the company's "two key end markets - cloud and e-commerce - are only 10%-15% penetrated, while its execution is "excellent" and it is "arguably" the best way to invest in "three of the biggest tech trends..cloud, AI, and Voice activated Internet." He expects the company to eventually generate "dramatic profitability" and keeps an $1,100 price target and an Outperform rating on the shares.
07/28/17
BARD
07/28/17
NO CHANGE
Target $1100
BARD
Outperform
Amazon.com near-term growth prospects remains encouraging, says Baird
Baird analyst Colin Sebastian said the near-term growth prospects for Amazon remains encouraging as the company invests for the future. He noted Q2 results were highlighted by accelerating growth and heavy investments, but that margins remain under pressure. He also said the company is in the early stages of market penetration in areas such as Retail, Media, and Technology. Sebastian maintained his Outperform rating and $1,100 price target on Amazon.com shares.
07/28/17
UBSW
07/28/17
NO CHANGE
Target $1200
UBSW
Buy
Amazon Q2 report a 'dual-edged story' of income and revenues, says UBS
UBS analyst Eric Sheridan said Amazon's Q2 results were a "dual-edged story" of better than expected revenues and disappointing operating income. The analyst said the company is well positioned in two long runway markets - Cloud and eCommerce - and the stock should be a long-term holding for growth and Internet investors. Sheridan reiterated his Buy rating and $1,200 price target on Amazon.com shares.
07/28/17
RHCO
07/28/17
NO CHANGE
RHCO
Teladoc weakness on Amazon news unjusitiifed, says SunTrust
After CNBC reported that Amazon (AMZN) is working on a telemedicine platform, SunTrust analyst Sandy Draper calls the subsequent 10% drop in Teladoc's (TDOC) stock "unjustified.." The analyst says that it will take three to five years for Amazon to launch such a platform, and he thinks the tech giant "would be better off acquiring preexisting industry expertise, relationships, etc. than building out a telemedicine offering from scratch." He keeps a $40 price target and a Buy rating on Teladoc.
SHOP Shopify
$92.98

2.55 (2.82%)

06/26/17
RHCO
06/26/17
INITIATION
Target $90
RHCO
Hold
Shopify initiated with a Hold at SunTrust
SunTrust analyst Terry Tillman initiated Shopify with a Hold and a $90 price target due to valuation.
07/12/17
BNCH
07/12/17
INITIATION
BNCH
Hold
Shopify initiated with a Hold at Benchmark
Benchmark analyst Yun Kim started Shopify with a Hold rating, stating that the company has quickly emerged as the leading e-commerce cloud platform provider for small and mid-sized businesses but may face new risks as it moves up market to focus on customers with higher gross merchandise value potential.
07/12/17
07/12/17
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. Marathon Oil (MRO) initiated with an Equal Weight at Stephens. 2. General Dynamics (GD) initiated with a Buy at Berenberg. 3. Brookfield Renewable (BEP) initiated with a Buy at TD Securities. 4. trivago (TRVG) initiated with a Market Perform at Wells Fargo. 5. Shopify (SHOP) initiated with a Hold at Benchmark. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/26/17
ROTH
07/26/17
NO CHANGE
Target $101
ROTH
Buy
Shopify price target raised to $101 from $92 at Roth Capital
Roth Capital analyst Darren Aftahi raised his price target for Shopify to $101 from $92 ahead of quarterly results, saying his Q2 checks with the company's customers remain positive. The analyst reiterates a Buy rating on the shares.

TODAY'S FREE FLY STORIES

WERN

Werner

$30.95

-0.1 (-0.32%)

13:27
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U.S. VIX equity volatility surged 26% to 14.88 highs »

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Conference/Events
SEC holds a closed commission meeting »

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WMT

Wal-Mart

$79.18

-1.7998 (-2.22%)

13:24
08/17/17
08/17
13:24
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13:24
Recommendations
Wal-Mart analyst commentary  »

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ADP

ADP

$111.10

-0.48 (-0.43%)

13:21
08/17/17
08/17
13:21
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13:21
Recommendations
ADP analyst commentary  »

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NAK

Northern Dynasty

$1.56

0.065 (4.36%)

13:20
08/17/17
08/17
13:20
08/17/17
13:20
Options
Call buyers back in Northern Dynasty Minerals »

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CLS

Celestica

$11.55

-0.035 (-0.30%)

13:17
08/17/17
08/17
13:17
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13:17
Upgrade
Celestica rating change  »

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TSRO

Tesaro

$112.99

-1.01 (-0.89%)

, AZN

AstraZeneca

$29.12

-0.0637 (-0.22%)

13:17
08/17/17
08/17
13:17
08/17/17
13:17
Hot Stocks
Breaking Hot Stocks news story on Tesaro, AstraZeneca »

Tesaro drops 2% after FDA…

TSRO

Tesaro

$112.99

-1.01 (-0.89%)

AZN

AstraZeneca

$29.12

-0.0637 (-0.22%)

03/08/13
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$NSD

NASDAQ Market Internals

13:17
08/17/17
08/17
13:17
08/17/17
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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AZN

AstraZeneca

$29.11

-0.07 (-0.24%)

13:16
08/17/17
08/17
13:16
08/17/17
13:16
Hot Stocks
FDA posts approval of new dosage form for AstraZeneca's Lynparza 

Reference Link

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  • 08

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$NYE

NYSE Market Internals

13:16
08/17/17
08/17
13:16
08/17/17
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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CTL

CenturyLink

$19.72

-1.17 (-5.60%)

, LVLT

Level 3

$53.45

-1.73 (-3.14%)

13:13
08/17/17
08/17
13:13
08/17/17
13:13
Hot Stocks
CenturyLink says working to finalize Level 3 deal by end of Q3 »

CenturyLink (CTL) said in…

CTL

CenturyLink

$19.72

-1.17 (-5.60%)

LVLT

Level 3

$53.45

-1.73 (-3.14%)

03/08/13
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CTL

CenturyLink

$19.73

-1.16 (-5.55%)

, LVLT

Level 3

$53.45

-1.73 (-3.14%)

13:12
08/17/17
08/17
13:12
08/17/17
13:12
Hot Stocks
Breaking Hot Stocks news story on CenturyLink, Level 3 »

CenturyLink says working…

CTL

CenturyLink

$19.73

-1.16 (-5.55%)

LVLT

Level 3

$53.45

-1.73 (-3.14%)

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ADP

ADP

$111.10

-0.48 (-0.43%)

13:10
08/17/17
08/17
13:10
08/17/17
13:10
Options
ADP attracts put buyers as shares come under fire »

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  • 17

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ADOM

Adomani

$12.86

0.86 (7.17%)

, VLKAY

Volkswagen

$31.10

0.19 (0.61%)

13:06
08/17/17
08/17
13:06
08/17/17
13:06
Hot Stocks
Adomani sees $2.9B in settlement funds from Volkswagen »

Adomani (ADOM) announced…

ADOM

Adomani

$12.86

0.86 (7.17%)

VLKAY

Volkswagen

$31.10

0.19 (0.61%)

03/08/13
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HZNP

Horizon Pharma

$11.89

-0.05 (-0.42%)

13:05
08/17/17
08/17
13:05
08/17/17
13:05
Options
Horizon Pharma call volume above normal and directionally bullish »

Bullish option flow…

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CLS

Celestica

$11.50

-0.08 (-0.69%)

13:04
08/17/17
08/17
13:04
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13:04
Upgrade
Celestica rating change  »

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MDVX

Medovex

$0.95

0.05 (5.56%)

12:55
08/17/17
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Hot Stocks
Medovex names Charlie Farrahar as CFO »

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PFE

Pfizer

$33.20

-0.16 (-0.48%)

12:53
08/17/17
08/17
12:53
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12:53
Hot Stocks
FDA posts approval of Pfizer's biologic license qpplication for Besponsa 

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  • 27

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NADL

North Atlantic Drilling

$1.44

-0.075 (-4.97%)

12:50
08/17/17
08/17
12:50
08/17/17
12:50
Options
Notable put spread in North Atlantic Drilling »

Notable put spread in…

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  • 24

    Aug

12:45
08/17/17
08/17
12:45
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12:45
General news
Breaking General news story  »

Dallas Federal Reserve…

HRB

H&R Block

$30.21

-0.53 (-1.72%)

12:40
08/17/17
08/17
12:40
08/17/17
12:40
Options
Higher option volume in H&R Block driven by call buying »

Higher option volume in…

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  • 29

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EXPE

Expedia

$148.78

1.72 (1.17%)

12:35
08/17/17
08/17
12:35
08/17/17
12:35
Options
Expedia put volume heavy and directionally bearish »

Bearish flow noted in…

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12:35
08/17/17
08/17
12:35
08/17/17
12:35
General news
Treasury Option Action: call buying at the long-end »

Treasury Option Action:…

ADP

ADP

$111.10

-0.48 (-0.43%)

12:32
08/17/17
08/17
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12:32
Hot Stocks
Chapman says making dollar going against Ackman feels as good as $10 »

Robert Chapman of Chapman…

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