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FB

Facebook

$171.23

-0.75 (-0.44%)

, SNAP

Snap

$13.02

-0.37 (-2.76%)

18:27
08/08/17
08/08
18:27
08/08/17
18:27

Facebook looking into map technology, SVBJ says

Facebook (FB) could be looking into map technology as another way to compete with Snap (SNAP), Silicon Valley Business Journal reports. The social network's latest effort could be aimed at partnering with Apple Maps (AAPL) and Google Maps (GOOG), the report notes. Reference Link

FB

Facebook

$171.23

-0.75 (-0.44%)

SNAP

Snap

$13.02

-0.37 (-2.76%)

AAPL

Apple

$160.08

1.27 (0.80%)

GOOG

Alphabet

$926.79

-2.57 (-0.28%)

GOOGL

Alphabet Class A

$944.19

-1.56 (-0.16%)

  • 08

    Aug

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    Aug

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    Aug

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    Aug

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    Sep

FB Facebook
$171.23

-0.75 (-0.44%)

08/08/17
08/08/17
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. Amazon.com (AMZN), Alphabet (GOOG, GOOGL), and Facebook (FB) were reinstated with a Buy at Mizuho, while eBay (EBAY) and Twitter (TWTR) were reinstated with an Underperform. 2. Broadridge (BR) initiated with a Neutral at DA Davidson. 3. Brighthouse Financial (BHF) initiated with an Overweight at Barclays. 4. Akcea Therapeutics (AKCA) WAS initiated with an Outperform at BMO Capital and Cowen, an Outperform at Wells Fargo, as well as a Buy at Stifel. 5. Lockheed Martin (LMT) and Raytheon (RTN) were initiated with an Overweight at Morgan Stanley, while Northrop Grumman (NOC) was initiated with an Equal Weight, and General Dynamics (GD) was initiated with an Underweight at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/17
08/08/17
INITIATION
Target $230

Buy
Facebook reinstated with a Buy at Mizuho
As previously reported, Mizuho analyst James Lee reinstated Facebook with a Buy and a $230 price target, arguing that the company has the "unique advantage" of both pricing leverage due to its highly engaging ad formats and best-in-class targeting paired with inventory leverage due to ad formats and data that span its core Facebook, Instagram and mobile messaging properties.
08/07/17
MZHO
08/07/17
INITIATION
Target $230
MZHO
Facebook reinstated with a Buy at Mizuho
Mizuho analyst James Lee reinstated Facebook with a Buy and a $230 price target.
08/07/17
MKMP
08/07/17
NO CHANGE
MKMP
Facebook price target rasied to $200 from $180 at MKM Partners
MKM Partners analyst Rob Sanderson raised his price target on Facebook as he thinks there is "an upward bias" to the stock's valuation. He keeps a Buy rating on the shares.
SNAP Snap
$13.02

-0.37 (-2.76%)

07/25/17
07/25/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Under Armour (UA, UAA) downgraded to Sell from Hold at Deutsche Bank with analyst Paul Trussell saying a "difficult and promotional selling environment along with segmentation challenges" weaken his confidence in the company's near-term results. 2. Snap (SNAP) downgraded to Neutral from Buy with analyst Kevin Rottinghaus citing monetization concerns and increasing pressure from Facebook (FB) competition. 3. Cytori Therapeutics (CYTX) downgraded to Neutral from Buy at B. Riley with analyst Andrew D'Silva citing the STAR trial results, which missed both primary and secondary endpoints. The analyst cut his price target for the shares to 50c from $2.30. 4. lululemon (LULU) downgraded to Hold from Buy at Stifel with analyst Jim Duffy citing valuation. 5. Power Integrations (POWI) downgraded to Hold from Buy at Deutsche Bank with analyst Ross Seymore saying he has no incremental knowledge to support or refute market speculation regarding a potential design win in the upcoming Apple (AAPL) iPhone. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/17
DBAB
08/07/17
NO CHANGE
Target $20
DBAB
Buy
Snap shares should rebound in second half of year, says Deutsche Bank
Snap shares offer a "compelling" risk/reward profile at current levels, Deutsche Bank analyst Lloyd Walmsley tells investors in a research note titled "Remember, It's a 2H Story." The analyst sees "innovation thriving" at Snap across the app, advertising product and ad technology. Intra quarter ad checks have started to pick up with industry contacts noting brand advertisers are increasingly of the view that Snap offers compelling view rates and view-to-completion rates, Walmsley writes. He expects continued product innovation to drive growth in daily active users and engagement over time. Snap shares should rebound in the second half of 2017 as it's "inflection comes into focus," Walmsley argues. He lowered his price target for the shares to $20 from $23 and keeps a Buy rating on the name. The analyst points out that his new lowered price target still reflects 51% upside from current share levels. Snap closed Friday up 60c to $13.52.
07/31/17
OTRG
07/31/17
DOWNGRADE
OTRG
Mixed
Snap downgraded to Mixed from Positive at OTR Global
07/27/17
NEED
07/27/17
NO CHANGE
Target $185
NEED
Buy
Facebook 'strong over-delivery' a negative for Snap, says Needham
Needham analyst Laura Martin believes Facebook's (FB) "strong over-delivery" of Q2 earnings is negative for Snap (SNAP) because Instagram Stories hit 250M DAU's in Q2, well above Snap's 166M DAU's in Q1. The analyst reiterates a Buy rating and $185 price target on Facebook's shares.
AAPL Apple
$160.08

1.27 (0.80%)

08/04/17
FBCO
08/04/17
UPGRADE
Target $11.3
FBCO
Outperform
Himax upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Jerry Su upgraded Himax to Outperform from Neutral and raised his 2018 and 2019 estimates for the company citing expectations for better DDI sales and his belief that its Diffractive Optical Element, or DOE, will be used in Apple's (AAPL) upcoming iPhone. He raised his price target on Himax shares to $11.30 from $8.70.
08/03/17
BMOC
08/03/17
NO CHANGE
BMOC
Criteo should be bought on weakness, says BMO Capital
BMO Capital analyst Daniel Salmon says Criteo's (CRTO) stock declined on the company's "cautious comments" about Apple's (AAPL) "intelligent tracking prevention" rollout in September. The analyst doesn't expect Apple's initiative to be a "material disruption" for Criteo and he believes that Criteo's "network effect continues to build." He keeps a $70 price target and an Outperform rating on the shares.
08/03/17
OPCO
08/03/17
NO CHANGE
OPCO
Perform
Cirrus Logic guidance suggests no major iPhone 8 content growth,says Oppenheimer
Oppenheimer analyst Rick Schafer notes that Cirrus Logic (CRUS) reported in-line Q1 and says he believes Q2 guidance confirms his view that significant gen/gen content growth in the Apple's (AAPL) iPhone 8 is unlikely. The analyst reiterates a Perform rating on Cirrus Logic's shares.
08/02/17
NEED
08/02/17
NO CHANGE
Target $175
NEED
Buy
Apple price target raised to $175 from $165 at Needham
Needham analyst Laura Martin raised her price target for Apple to $175 from $165 following Q3 results. The analyst reiterates a Buy rating on the shares and says Apple remains her top stock pick for 2017 owing to strategic position, EPS upside, falling risks, catalysts, and valuation.
GOOG Alphabet
$926.79

-2.57 (-0.28%)

08/08/17
08/08/17
INITIATION
Target $1220

Buy
Alphabet reinstated with a Buy at Mizuho
As previously reported, Mizuho analyst James Lee reinstated Alphabet with a Buy rating, stating that the company is benefiting from positive online advertising secular trends while closing the monetization gap of mobile to PC with new technologies. The analyst, who sees many levers for Alphabet to harness its monetization potential, set a $1,220 price target on the shares.
08/04/17
RHCO
08/04/17
NO CHANGE
RHCO
Yelp results 'very encouraging,' says SunTrust
After Yelp (YELP) delivered beat and raise results, SunTrust analyst Matthew Thornton calls its earnings "very encouraging." He says that the company's engagement was up while its dependency on Google (GOOG, GOOGL) fell. He raised his price target on Yelp to $44 from $35 and keeps a Buy rating.
08/08/17
PIPR
08/08/17
NO CHANGE
Target $1050
PIPR
Overweight
Alphabet shares remain undervalued, says Piper Jaffray
Piper Jaffray analyst Samuel Kemp says his firm's proprietary browser mix regression model suggests that if mobile does not slow its pace, investors could expect Google Websites' traffic acquisition costs to be 15% of gross Websites revenue by 2020 versus the 11% today. The analyst believes investors remain concerned over the continued rise of Google Websites' traffic acquisition costs. TAC, "while a profit headwind, is not enough to outweigh the long-term upside potential," Kemp tells investors in a research note. He says the analysis resulted in "minuscule adjustments" to his estimates and reinforces his belief that Alphabet remains undervalued. Kemp has an Overweight rating on the shares with a $1,050 price target.
GOOGL Alphabet Class A
$944.19

-1.56 (-0.16%)

08/07/17
MZHO
08/07/17
INITIATION
Target $1220
MZHO
Buy
Alphabet initiated with a Buy at Mizuho
Mizuho analyst James Lee reinstated Alphabet with a Buy and a $1,220 price target.

TODAY'S FREE FLY STORIES

OIH

Oil Services Holders Trust

$16.23

-0.23 (-1.40%)

12:30
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Options
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SERV

ServiceMaster

$41.14

0.11 (0.27%)

12:25
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ServiceMaster to host investor day »

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CRM

Salesforce

$137.57

0.28 (0.20%)

12:23
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Salesforce management to meet with Goldman Sachs »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$264.35

0.26 (0.10%)

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TSLA

Tesla

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3.685 (1.01%)

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Periodicals
China agrees to reduce U.S. auto tariff to 15% from 40%, WSJ reports »

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Tesla

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3.685 (1.01%)

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Volkswagen

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DDAIF

Daimler AG

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Nissan

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TM

Toyota

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F

Ford

$8.57

0.045 (0.53%)

HMC

Honda

$26.82

0.005 (0.02%)

GM

General Motors

$35.40

0.97 (2.82%)

FCAU

Fiat Chrysler

$15.43

0.1 (0.65%)

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TWI

Titan International

$5.47

-0.06 (-1.09%)

12:19
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Conference/Events
Titan International management to meet with Sidoti »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
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NYSE market internals summary »

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HY

Hyster-Yale Materials

$62.30

1.38 (2.27%)

12:15
12/11/18
12/11
12:15
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12:15
Conference/Events
Hyster-Yale Materials management to meet with Sidoti »

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12:15
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12/11/18
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General news
Treasury Action: Treasuries are picking up a bid »

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DDAIF

Daimler AG

$0.00

(0.00%)

, VLKAY

Volkswagen

$0.00

(0.00%)

12:11
12/11/18
12/11
12:11
12/11/18
12:11
Periodicals
China agreed to reduce tariffs on U.S. autos to 15% from 40%, WSJ reports »

China agreed to reduce…

DDAIF

Daimler AG

$0.00

(0.00%)

VLKAY

Volkswagen

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$120.71

-0.16 (-0.13%)

F

Ford

$8.63

0.105 (1.23%)

HMC

Honda

$26.93

0.115 (0.43%)

GM

General Motors

$35.63

1.2 (3.49%)

FCAU

Fiat Chrysler

$15.52

0.19 (1.24%)

03/08/13
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SSD

Simpson Manufacturing

$54.85

-0.05 (-0.09%)

12:08
12/11/18
12/11
12:08
12/11/18
12:08
Conference/Events
Simpson Manufacturing management to meet with Sidoti »

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AKBA

Akebia

$9.14

0.26 (2.93%)

, KERX

Keryx

$3.39

0.09 (2.73%)

12:06
12/11/18
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Hot Stocks
Keryx stockholders approve merger with Akebia Therapeutics »

Keryx Biopharmaceuticals…

AKBA

Akebia

$9.14

0.26 (2.93%)

KERX

Keryx

$3.39

0.09 (2.73%)

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CZR

Caesars

$7.24

0.02 (0.28%)

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Caesars in $156M Phase 2 of Flamingo Las Vegas renovation »

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URBN

Urban Outfitters

$35.42

-2.28 (-6.05%)

12:05
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Options
Urban Outfitters call volume above normal and directionally bullish »

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KERX

Keryx

$3.39

0.09 (2.73%)

, AKBA

Akebia

$9.14

0.26 (2.93%)

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Hot Stocks
Akebia Therapeutics shareholders approve merger with Keryx »

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KERX

Keryx

$3.39

0.09 (2.73%)

AKBA

Akebia

$9.14

0.26 (2.93%)

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TCMD

Tactile Systems

$52.20

-0.91 (-1.71%)

12:04
12/11/18
12/11
12:04
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12:04
Conference/Events
Tactile Systems management to meet with Sidoti »

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TSG

The Stars Group

$17.45

0.11 (0.63%)

12:03
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Hot Stocks
NBA announces The Stars Group as authorized gaming operator »

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T

AT&T

$30.07

0.16 (0.53%)

, VZ

Verizon

$58.84

0.57 (0.98%)

12:02
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12:02
OnTheFly
Fly Intel: Wall Street's top stories at midday »

Stocks were sharply…

T

AT&T

$30.07

0.16 (0.53%)

VZ

Verizon

$58.84

0.57 (0.98%)

GM

General Motors

$35.70

1.27 (3.69%)

F

Ford

$8.64

0.115 (1.35%)

DELL

Dell Technologies

$0.00

(0.00%)

DVMT

Dell Technologies

$104.38

0.25 (0.24%)

WPP

WPP

$52.91

1.78 (3.48%)

ASNA

Ascena Retail

$3.43

0.7 (25.64%)

DSW

DSW

$25.27

2.23 (9.68%)

CAMP

CalAmp

$14.36

-2.66 (-15.63%)

SFIX

Stitch Fix

$18.50

-7.42 (-28.63%)

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VZ

Verizon

$58.85

0.58 (1.00%)

, NFLX

Netflix

$269.40

-0.4 (-0.15%)

12:01
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12:01
Hot Stocks
Verizon introduces Fios TV One service, includes Netflix integration »

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VZ

Verizon

$58.85

0.58 (1.00%)

NFLX

Netflix

$269.40

-0.4 (-0.15%)

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UGAZ

VelocityShares 3x Long Natural Gas ETN

$138.50

-13.55 (-8.91%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
VelocityShares 3x Long Natural Gas ETN falls -8.6% »

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ARMK

Aramark

$31.50

-3.98 (-11.22%)

12:00
12/11/18
12/11
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12:00
Hot Stocks
Aramark falls -11.7% »

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  • 11

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MLCO

Melco Resorts & Entertainment

$17.74

0.73 (4.29%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Initiation
Melco Resorts & Entertainment initiated  »

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NX

Quanex

$11.91

-2.14 (-15.23%)

12:00
12/11/18
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12:00
Hot Stocks
Quanex falls -15.3% »

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  • 11

    Dec

DSW

DSW

$24.98

1.94 (8.42%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
DSW rises 8.2% »

DSW is up 8.2%, or $1.90…

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