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FB

Facebook

$171.18

-0.05 (-0.03%)

, GOOG

Alphabet

$922.90

-3.89 (-0.42%)

07:23
08/10/17
08/10
07:23
08/10/17
07:23

Facebook uses 'early bird' warning system to identify competition, WSJ says

As tech giants Facebook (FB), Google (GOOG; GOOGL), Apple (AAPL) and Amazon (AMZN) make it increasingly challenging for startups to compete and retain independence, Facebook has developed an internal "early bird" warning system that identifies potential competition, the Wall Street Journal reports, citing people familiar with the technology. The social networking site, which has taken on a strategy of mimicking startups, expects to launch an app, similar to Houseparty, called Bonfire this fall. Reference Link

FB

Facebook

$171.18

-0.05 (-0.03%)

GOOG

Alphabet

$922.90

-3.89 (-0.42%)

GOOGL

Alphabet Class A

$940.08

-4.11 (-0.44%)

AAPL

Apple

$161.06

0.98 (0.61%)

AMZN

Amazon.com

$982.01

-7.83 (-0.79%)

  • 16

    Aug

  • 18

    Aug

  • 13

    Sep

FB Facebook
$171.18

-0.05 (-0.03%)

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.
08/07/17
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.
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.
08/08/17
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.
GOOG Alphabet
$922.90

-3.89 (-0.42%)

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.
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.
GOOGL Alphabet Class A
$940.08

-4.11 (-0.44%)

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.
AAPL Apple
$161.06

0.98 (0.61%)

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.
08/09/17
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.
08/09/17
08/09/17
NO CHANGE
Target $70

Buy
Lumentum target raised to $70 on better than expected Apple order at Rosenblatt
As previously reported, Rosenblatt analyst Jun Zhang raised the firm's price target on Lumentum to $70 from $66 after the company confirmed its receipt of a $200M 3D sensing order for calendar 2017, believed to be from Apple (AAPL). This order was better than the firm's expectations and the consensus view, said Zhang, who keeps a Buy rating on Lumentum shares.
08/10/17
PIPR
08/10/17
NO CHANGE
Target $68
PIPR
Overweight
Lumentum price target raised to $68 from $58 at Piper Jaffray
Piper Jaffray analyst Troy Jensen raised his price target for Lumentum (LITE) to $68 saying a surge in orders for 3D Sensing VCSELs offset weaker than expected core optics in the June quarter. Jensen believes, based on conversations with industry contacts, that Lumentum captured 75%-100% of initial shipments of both the high and low-power VCSEL into Apple's (AAPL) iPhone 8. The 3D sensing market is a "significant earnings enhancement opportunity" for Lumentum, Jensen writes in a post-earnings research note. He reiterates an Overweight rating on the shares.
AMZN Amazon.com
$982.01

-7.83 (-0.79%)

08/08/17
08/08/17
INITIATION
Target $1250

Buy
Amazon.com reinstated with a Buy at Mizuho
As previously reported, Mizuho analyst James Lee reinstated Amazon with a Buy rating, stating that he sees the next pillar of growth likely coming from advertising through voice search to allow brands to sell directly to consumers. The analyst, who sees Amazon having many levers to harness its monetization potential, set a $1,250 price target on the stock.
08/08/17
MKMP
08/08/17
NO CHANGE
Target $1275
MKMP
Buy
Amazon price target raised to $1,275 from $1,095 at MKM Partners
MKM Partners analyst Rob Sanderson raised his revenue outlook for Amazon.com, noting that units fulfilled are growing much faster than commerce revenue and subscription revenue growth, a proxy for Prime adoption, grew by over 50% again in Q2. While he does not expect Amazon will generate meaningful profits anytime soon, he also believes investors have become "very comfortable" with the company's continued investments. Until investors can see a limit on growth opportunities, revenue growth and share gain will matter more than profitability, said Sanderson, who raised his price target on Amazon shares to $1,275 from $1,095.
08/08/17
WELS
08/08/17
NO CHANGE
WELS
Food distributors outlook positive into June quarter results, says Wells Fargo
Wells Fargo says that sentiment on the food distributors has deteriorated due to worries about inflation and Amazon's (AMZN)possible entry into the space. However, the firm thinks that inflation is "a net positive" for the sector, while the three largest companies in the sector look set to benefit from share gains and M&A accretion. Wells is most upbeat on US Foods (USFD)and Sysco (SYY), citing reductions in their valuation and their efforts to increase volume and margins. Wells thinks the stocks have reached attractive entry points as it believes that investors are exaggerating the Amazon threat. It keeps Outperform ratings on US Foods and Sysco.

TODAY'S FREE FLY STORIES

CAFD

8point3 Energy

$14.94

0.04 (0.27%)

, PEGI

Pattern Energy

$22.13

0.14 (0.64%)

15:46
11/20/17
11/20
15:46
11/20/17
15:46
Periodicals
8point3 draws interest from Capital Dynamics, Pattern Energy, Bloomberg says »

Capital Dynamics and…

CAFD

8point3 Energy

$14.94

0.04 (0.27%)

PEGI

Pattern Energy

$22.13

0.14 (0.64%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 05

    Dec

VRX

Valeant

$15.64

0.95 (6.47%)

15:40
11/20/17
11/20
15:40
11/20/17
15:40
Options
Valeant calls active as shares see relative strength »

Valeant calls active as…

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Wedge Partners
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Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Dec

  • 18

    Jun

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

, GIS

General Mills

$54.23

0.51 (0.95%)

15:34
11/20/17
11/20
15:34
11/20/17
15:34
Periodicals
General Mills, not Nestle, should buy Hain Celestial, Cramer says »

Following a Bloomberg…

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

GIS

General Mills

$54.23

0.51 (0.95%)

NSRGY

Nestle

$85.11

0.7 (0.83%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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INTU

Intuit

$156.55

0.9 (0.58%)

15:34
11/20/17
11/20
15:34
11/20/17
15:34
Options
Intuit options imply 5.7% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Nov

SHPG

Shire

$147.37

2.74 (1.89%)

, RHHBY

Roche

$29.10

0.205 (0.71%)

15:32
11/20/17
11/20
15:32
11/20/17
15:32
Recommendations
Shire, Roche analyst commentary  »

Shire selloff on Roche…

SHPG

Shire

$147.37

2.74 (1.89%)

RHHBY

Roche

$29.10

0.205 (0.71%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 30

    Nov

  • 23

    Dec

  • 23

    Feb

15:30
11/20/17
11/20
15:30
11/20/17
15:30
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

TWX

Time Warner

$87.93

-0.79 (-0.89%)

15:28
11/20/17
11/20
15:28
11/20/17
15:28
Technical Analysis
Technical View: Time Warner drops on pending antitrust briefing »

The stock was last down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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T

AT&T

$34.74

0.23 (0.67%)

, TWX

Time Warner

$87.93

-0.79 (-0.89%)

15:28
11/20/17
11/20
15:28
11/20/17
15:28
Periodicals
DOJ antitrust announcement concerns AT&T, Time Warner, NBC reports »

Bloomberg also reported…

T

AT&T

$34.74

0.23 (0.67%)

TWX

Time Warner

$87.93

-0.79 (-0.89%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 29

    Nov

MRVL

Marvell

$20.29

0.03 (0.15%)

, CAVM

Cavium

$75.83

-0.47 (-0.62%)

15:27
11/20/17
11/20
15:27
11/20/17
15:27
Recommendations
Marvell, Cavium, Broadcom analyst commentary  »

Marvell price target…

MRVL

Marvell

$20.29

0.03 (0.15%)

CAVM

Cavium

$75.83

-0.47 (-0.62%)

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 27

    Nov

  • 28

    Nov

  • 28

    Nov

  • 06

    Dec

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

15:24
11/20/17
11/20
15:24
11/20/17
15:24
Technical Analysis
Technical View: Hain Celestial spikes higher, retraces some gains »

The shares have come off…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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HAIN

Hain Celestial

$39.84

1.35 (3.51%)

, NSRGY

Nestle

$85.11

0.7 (0.83%)

15:22
11/20/17
11/20
15:22
11/20/17
15:22
Hot Stocks
Hain Celestial surges after report of Nestle weighing potential bid »

Shares of Hain Celestial…

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

NSRGY

Nestle

$85.11

0.7 (0.83%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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SRPT

Sarepta

$56.11

1.07 (1.94%)

15:20
11/20/17
11/20
15:20
11/20/17
15:20
Options
Sarepta Therapeutics sees a bullish option play »

Sarepta Therapeutics sees…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 27

    Nov

HAIN

Hain Celestial

$40.06

0.21 (0.53%)

15:19
11/20/17
11/20
15:19
11/20/17
15:19
Hot Stocks
Breaking Hot Stocks news story on Hain Celestial »

Hain Celestial trading…

03/08/13
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03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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HRG

HRG Group

$16.06

-0.025 (-0.16%)

15:19
11/20/17
11/20
15:19
11/20/17
15:19
Options
Harbinger options imply 8.5% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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HAIN

Hain Celestial

$39.84

1.35 (3.51%)

, NSRGY

Nestle

$85.11

0.7 (0.83%)

15:17
11/20/17
11/20
15:17
11/20/17
15:17
Hot Stocks
Breaking Hot Stocks news story on Hain Celestial, Nestle »

Hain Celestial jumps 7%,…

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

NSRGY

Nestle

$85.11

0.7 (0.83%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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$NSD

NASDAQ Market Internals

15:17
11/20/17
11/20
15:17
11/20/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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03/08/13
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03/06/13
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03/06/13
Barclays

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$NYE

NYSE Market Internals

15:16
11/20/17
11/20
15:16
11/20/17
15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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NSRGY

Nestle

$85.11

0.7 (0.83%)

, HAIN

Hain Celestial

$39.84

1.35 (3.51%)

15:16
11/20/17
11/20
15:16
11/20/17
15:16
Periodicals
Breaking Periodicals news story on Nestle, Hain Celestial »

Nestle looking into bid…

NSRGY

Nestle

$85.11

0.7 (0.83%)

HAIN

Hain Celestial

$39.84

1.35 (3.51%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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CRNCY

Cairn Energy

$5.63

0.3383 (6.39%)

, BP

BP

$39.10

0.01 (0.03%)

15:14
11/20/17
11/20
15:14
11/20/17
15:14
Periodicals
BP in talks to buy 30% SNE field stake from Cairn Energy, Reuters reports »

Cairn Energy (CRNCY) is…

CRNCY

Cairn Energy

$5.63

0.3383 (6.39%)

BP

BP

$39.10

0.01 (0.03%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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HAIN

Hain Celestial

$39.98

0.13 (0.33%)

15:14
11/20/17
11/20
15:14
11/20/17
15:14
Hot Stocks
Breaking Hot Stocks news story on Hain Celestial »

Hain Celestial trading…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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T

AT&T

$34.76

0.25 (0.72%)

, TWX

Time Warner

$88.62

-0.1 (-0.11%)

15:12
11/20/17
11/20
15:12
11/20/17
15:12
Periodicals
U.S. to hold briefing today on 'significant antitrust matter,' Bloomberg says »

Shares of AT&T (T)…

T

AT&T

$34.76

0.25 (0.72%)

TWX

Time Warner

$88.62

-0.1 (-0.11%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 29

    Nov

NBRV

Nabriva Therapeutics

$5.80

0.05 (0.87%)

15:10
11/20/17
11/20
15:10
11/20/17
15:10
Options
Notable call buying in Nabriva Therapeutics »

Notable call buying in…

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Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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BLMN

Bloomin' Brands

$18.27

0.49 (2.76%)

15:07
11/20/17
11/20
15:07
11/20/17
15:07
Hot Stocks
Bloomin' Brands jumps after Jana reports stake, says may push for sale »

Shares of Bloomin'…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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AAME

Atlantic American Corp

$3.60

-0.05 (-1.37%)

15:06
11/20/17
11/20
15:06
11/20/17
15:06
Hot Stocks
Atlantic American Corp names Ross Franklin as CFO »

Atlantic American…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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VIPS

Vipshop

$9.24

-0.545 (-5.57%)

15:04
11/20/17
11/20
15:04
11/20/17
15:04
Options
Vipshop options imply 13.3% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Nov

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