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INTC

Intel

$36.41

-0.02 (-0.05%)

, MBLY

Mobileye

$63.52

0.015 (0.02%)

11:36
08/09/17
08/09
11:36
08/09/17
11:36

Intel plans to build fleet of over 100 self-driving test cars, TechCrunch says

Intel (INTC) is ramping up its self-driving technology efforts, following its acquisition of Mobileye (MBLY), and expects to build a fleet of roughly 100 test vehicles with SAE Level 4 capabilities starting later this year, TechCrunch reports, citing Intel. The test fleet will include different car brands and types in an effort to show Intel and Mobileye's hybrid autonomous driving software platform on a range of applications and uses. Reference Link

INTC

Intel

$36.41

-0.02 (-0.05%)

MBLY

Mobileye

$63.52

0.015 (0.02%)

  • 10

    Aug

  • 15

    Aug

  • 28

    Aug

INTC Intel
$36.41

-0.02 (-0.05%)

07/28/17
LOOP
07/28/17
NO CHANGE
Target $45
LOOP
Buy
Intel price target raised to $45 after guidance hike at Loop Capital
Loop Capital analyst Betsy Van Hees increased her price target on Intel shares to $45 from $43 after the company "once again" raised its full year revenue and pro forma EPS outlook. The analyst, who argues that Intel is "no longer just a PC company" and that its ongoing transformation will drive continued earnings and revenue growth, reiterates a Buy rating on the shares.
07/31/17
WELS
07/31/17
NO CHANGE
WELS
Wells Fargo downgrades Semiconductor sector to Market Weight
Wells Fargo analyst David Wong downgraded the Semiconductor sector to Market Weight from Overweight. Recent earnings reports from chip companies suggest that year-over-year growth will likely plateau or perhaps even decelerate over the next few months, Wong tells investors in a research note. He believes many chip stocks now have "elevated multiples" off calendar 2018 earnings estimates. Wong still sees good investment opportunities in some specific stocks, however, and reiterates Outperform ratings on Intel (INTC), Qualcomm (QCOM), Micron (MU), AMD (AMD), Skyworks (SWKS) and Microsemi (MSCC).
07/31/17
DADA
07/31/17
NO CHANGE
DADA
Super Micro has positive read through from Intel comments, says DA Davidson
DA Davidson analyst Mark Kelleher says that comments by Intel (INTC) indicate that its Skylake processor is "on track." The analyst says that there was previously a possibility that the processor would be delayed, and he views the company's latest comments as positive for Super Micro Computer (SMCI). He keeps a $33 price target and a Buy rating on the stock.
08/09/17
BNCH
08/09/17
NO CHANGE
BNCH
Buy
CEVA could be pressured by latest in Qualcomm-Apple fight, says Benchmark
Benchmark analyst Gary Mobley noted that Qualcomm (QCOM) announced that the ITC has commenced an investigation into Apple's (AAPL) use of certain mobile devices, radio frequency and processing components" as the companies continue their legal fight over disputed royalties. Intel (INTC) and Qualcomm currently split the iPhone 7 thin modem business and it is expected they'll also evenly split the iPhone 8 business, said Mobley, who noted that CEVA (CEVA) could lose $2M-$2.5M in annual royalties if the Intel-based phones are banned for U.S. import. He keeps a Buy rating on CEVA shares, which are down fractionally in early trading.
MBLY Mobileye
$63.52

0.015 (0.02%)

03/20/17
03/20/17
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. Pivotal Research analyst Brian Wieser downgraded Alphabet (GOOGL) to Hold from Buy citing brand safety concerns and valuation following the recent rally in the shares. News last week that Havas, the sixth largest global media network, is pulling its spending from Google's YouTube and Google Display Network in the U.K. because Google was "unable to provide specific reassurances, policy and guarantees that their video or display content is classified either quickly enough or with the correct filters" is a big deal, Wieser tells investors. 2. Canaccord analyst Lynne Collier downgraded Sonic (SONC) to Hold from Buy, citing challenging industry sales, the potential for Street estimates to be too high in the midst of soft sales, a lack of upcoming catalysts, and increasing competition from non-traditional venues such as convenience stores. 3. Piper Jaffray analyst Alexander Potter downgraded Mobileye (MBLY) to Neutral saying that while demanding a higher buyout price may be justified, he "begrudgingly" concluded that the price Intel (INTC) is paying for the company is fair. The analyst raised his price target for Mobileye shares to $63.54 from $60 to reflect Intel's offer. 4. Susquehanna analyst Sam Poser downgraded Caleres (CAL) citing the company's "disappointing" results and his belief that the company will not be able to overcome industry headwinds. 5. Goldman Sachs analyst Conor Fitzgerald downgraded Stifel Financial (SF) to Neutral from Buy while raising his price target for the shares to $59 from $58. The analyst believes LPL Financial (LPLA), a stock he upgraded this morning to Conviction Buy, offers more upside at current valuations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/20/17
BARD
04/20/17
DOWNGRADE
Target $51
BARD
Neutral
Mobileye downgraded to Neutral from Outperform at Baird
Baird analyst David Leiker downgraded Mobileye (MBLY) to Neutral from Outperform citing its impending acquisition by Intel (INTC).
05/24/17
05/24/17
NO CHANGE

Perform
Opco sees limited number of competitors for Tesla's Model 3
Oppenheimer analyst Colin Rusch believes Tesla's (TSLA) Model 3 rollout is critical to its position in Advanced Driver Assist Systems. Tesla's ability to "accelerate learning cycles related to characterizing driving behavior" is facilitated by the high volume rollout of Model 3," Rusch tells investors in a research note. His channel checks indicate just fifteen models with semi-autonomous driving technology are currently available for model years 2016/2017. These cars are offered by BMW, Mercedes-Benz, Volvo, and Tesla. The analyst notes that a RAND Corporation study estimates over 11B test miles would be necessary in order to show statistically significant evidence of the autonomous vehicle's superiority over human drivers. With Model 3 enabling high mileage data collection, Tesla can accumulate the necessary mileage within just 27 months, or by mid-2021, Rusch writes. The analyst sees the potential for Tesla's ADAS value to be "significantly higher" than Mobileye's (MBLY) acquisition price if it can control the machine learning aspect of the product development. Rusch has a Perform rating on Tesla shares. The stock closed yesterday down $6.49 to $303.86.
05/30/17
05/30/17
DOWNGRADE

Sector Weight
Ambarella downgraded to Sector Weight from Overweight at Pacific Crest
Pacific Crest analyst Brad Erickson downgraded Ambarella (AMBA) to Sector Weight on concern the company's largest customer DJI may have dual-sourced. After speaking with DJI customer service, Erickson believes Ambarella may not be the video processing provider for Spark, the $499 drone launched last week by DJI. This could become a "material headwind" to Ambarella's revenue and earnings over the longer term, Erickson tells investors in a research note. He notes that the shares are up 23% since Intel (INTC) bid to acquire Mobileye (MBLY).

TODAY'S FREE FLY STORIES

KIRK

Kirkland's

$12.82

0.29 (2.31%)

06:43
11/21/17
11/21
06:43
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06:43
Earnings
Kirkland's sees FY17 EPS 50c-60c, consensus 60c »

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DY

Dycom

$98.22

8.18 (9.08%)

06:43
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06:43
Recommendations
Dycom analyst commentary  »

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JEC

Jacobs Engineering

$59.34

0.71 (1.21%)

06:43
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11/21
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06:43
Hot Stocks
Breaking Hot Stocks news story on Jacobs Engineering »

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JEC

Jacobs Engineering

$59.34

0.71 (1.21%)

06:42
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11/21
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06:42
Earnings
Breaking Earnings news story on Jacobs Engineering »

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FSCT

ForeScout

$26.94

1.39 (5.44%)

06:42
11/21/17
11/21
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06:42
Initiation
ForeScout initiated  »

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SLV

iShares Silver Trust

$15.98

-0.33 (-2.02%)

06:42
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11/21
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Technical Analysis
iShares Silver Trust: Pivot points »

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USLV

VelocityShares 3x Long Silver ETN

$11.72

-0.84 (-6.69%)

06:42
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11/21
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Technical Analysis
VelocityShares 3x Long Silver ETN: Pivot points »

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JEC

Jacobs Engineering

$59.34

0.71 (1.21%)

06:41
11/21/17
11/21
06:41
11/21/17
06:41
Hot Stocks
Jacobs Engineering reports backlog of $19.8B at year end »

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  • 21

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PLNT

Planet Fitness

$30.15

0.07 (0.23%)

06:41
11/21/17
11/21
06:41
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06:41
Initiation
Planet Fitness initiated  »

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JEC

Jacobs Engineering

$59.34

0.71 (1.21%)

06:40
11/21/17
11/21
06:40
11/21/17
06:40
Earnings
Jacobs Engineering reports Q4 adjusted EPS 98c, consensus 82c »

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  • 21

    Nov

IYR

DJ US Real Estate Index Fund

$81.97

-0.17 (-0.21%)

06:40
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11/21
06:40
11/21/17
06:40
Technical Analysis
DJ US Real Estate Index Fund: Pivot points »

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KIRK

Kirkland's

$12.82

0.29 (2.31%)

06:40
11/21/17
11/21
06:40
11/21/17
06:40
Hot Stocks
Breaking Hot Stocks news story on Kirkland's »

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  • 21

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IBB

iShares Nasdaq Biotechnology Index

$308.33

-2.88 (-0.93%)

06:39
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11/21
06:39
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06:39
Technical Analysis
iShares Nasdaq Biotechnology Index: Pivot points »

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KIRK

Kirkland's

$12.82

0.29 (2.31%)

06:39
11/21/17
11/21
06:39
11/21/17
06:39
Earnings
Kirkland's reports Q3 EPS (15c), consensus (8c) »

Reports Q3 revenue $145M,…

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  • 21

    Nov

LABD

Daily S&P Biotech Bear 3x Shares

$5.51

0.11 (2.04%)

06:39
11/21/17
11/21
06:39
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06:39
Technical Analysis
Daily S&P Biotech Bear 3x Shares: Pivot points »

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EWH

MSCI Hong Kong Index

$25.57

0.14 (0.55%)

06:38
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06:38
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06:38
Technical Analysis
MSCI Hong Kong Index: Pivot points »

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EWG

iShares MSCI Germany

$32.73

0.02 (0.06%)

06:38
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Technical Analysis
iShares MSCI Germany: Pivot points »

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UMH

UMH Properties

$15.04

-0.16 (-1.05%)

06:38
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Recommendations
UMH Properties analyst commentary  »

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IJR

iShares Core S&P Small Cap ETF

$75.20

0.57 (0.76%)

06:38
11/21/17
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Technical Analysis
iShares Core S&P Small Cap ETF: Pivot points »

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HRL

Hormel Foods

$33.40

0.28 (0.85%)

06:38
11/21/17
11/21
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06:38
Earnings
Hormel Foods sees FY18 EPS $1.60-$1.70, consensus $1.63 »

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GHM

Graham

$19.21

0.35 (1.86%)

06:37
11/21/17
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06:37
Hot Stocks
Graham announces two new orders totalling $6.4M »

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EEM

MSCI Emerging Markets Index

$47.06

0.24 (0.51%)

06:37
11/21/17
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06:37
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06:37
Technical Analysis
MSCI Emerging Markets Index: Pivot points »

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C

Citi

$72.05

0.72 (1.01%)

, BNPQY

BNP Paribas

$37.00

-0.225 (-0.60%)

06:37
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11/21
06:37
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06:37
Periodicals
FSB drops Citi, BNP in regulation rankings, Bloomberg reports »

The Financial Stability…

C

Citi

$72.05

0.72 (1.01%)

BNPQY

BNP Paribas

$37.00

-0.225 (-0.60%)

CS

Credit Suisse

$16.12

0.02 (0.12%)

JPM

JPMorgan

$99.01

0.87 (0.89%)

RY

Royal Bank of Canada

$78.93

-0.1 (-0.13%)

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EWW

iShares MSCI Mexico

$50.00

-0.26 (-0.52%)

06:37
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11/21
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Technical Analysis
iShares MSCI Mexico: Pivot points »

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UUP

PowerShares DB US Dollar Index Up

$24.46

0.12 (0.49%)

06:36
11/21/17
11/21
06:36
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06:36
Technical Analysis
PowerShares DB US Dollar Index Up: Pivot points »

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