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JCP

J.C. Penney

$3.93

-0.78 (-16.56%)

, M

Macy's

$20.62

-0.05 (-0.24%)

16:19
08/11/17
08/11
16:19
08/11/17
16:19

On The Fly: Top stock stories for Friday

Stocks began the day in positive territory as the market looked to break its three-day losing streak, which came to a head with yesterday's selloff. The averages moved in a narrow range throughout the day and did little to eat into their weekly loss. With more than 90% of the S&P 500 having already reported quarterly earnings and geopolitical risk top of mind given the North Korean situation, investors largely chose to stay on the sidelines ahead of the weekend. ECONOMIC NEWS: In the U.S., the Consumer Price Index for the month of July rose 0.1% for both the headline and core rates. There were no revisions to June, where the headline price reading was unchanged while the core edged up 0.1%. In energy news, Baker Hughes reported that the U.S. rig count is down 5 rigs from last week to 949. COMPANY NEWS: Department store owner J.C. Penney (JCP) dropped 16.56% after reporting a larger than expected loss for the latest quarter. The news follows other disappointing reports yesterday from peers Macy's (M) and Kohl's (KSS), though Nordstrom (JWN) bucked the trend of declining sales in the sector, reporting a comparable store sales gain for its most recent quarter and raising its guidance. Despite the earnings beat, shares of Nordstrom only closed 0.07% higher... Snap (SNAP) shares sunk 13.84% after Snapchat's parent reported lower than expected quarterly results, with sequential daily active users growth slowing from 5% in Q1 to 4.2% in Q2. Multiple analysts weighed in on the social media company's quarter, with analysts from Barclays, Citi, Jefferies, Credit Suisse, Goldman Sachs, UBS, Oppenheimer, RBC Capital, and Stifel all cutting their price targets on the stock... Meanwhile, Reuters reported that Netflix (NFLX) is in "active discussions" with Disney (DIS) about keeping Marvel and Star Wars properties after 2019, at which point new Disney and Pixar films will no longer appear on the streaming service. MAJOR MOVERS: Among the noteworthy gainers after earnings were Ichor (ICHR) and Trade Desk (TTD), which rose 7.71% and 8.77%, respectively. Also higher was Electronics for Imaging (EFII), which gained 8.2% after it said in a regulatory filing yesterday that it is in the process of completing an assessment of the timing of its financial review and restatement process. Among the noteworthy losers after earnings were Luxoft Holding (LXFT) and NVIDIA (NVDA), which fell a respective 24.84% and 5.33%. INDEXES: The Dow rose 14.31, or 0.07%, to 21,858.32, the Nasdaq gained 39.68, or 0.64%, to 6,256.56, and the S&P 500 advanced 3.11, or 0.13%, to 2,441.32.

JCP

J.C. Penney

$3.93

-0.78 (-16.56%)

M

Macy's

$20.62

-0.05 (-0.24%)

KSS

Kohl's

$38.64

-0.86 (-2.18%)

JWN

Nordstrom

$44.90

0.03 (0.07%)

SNAP

Snap

$11.83

-1.94 (-14.09%)

NFLX

Netflix

$171.40

2.26 (1.34%)

DIS

Disney

$102.00

0.65 (0.64%)

TTD

Trade Desk

$54.45

4.39 (8.77%)

ICHR

Ichor Holdings

$19.42

1.39 (7.71%)

EFII

Electronics for Imaging

$31.81

2.41 (8.20%)

LXFT

Luxoft

$45.70

-15.1 (-24.84%)

NVDA

Nvidia

$155.95

-8.79 (-5.34%)

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    Nov

JCP J.C. Penney
$3.93

-0.78 (-16.56%)

08/11/17
EVER
08/11/17
NO CHANGE
EVER
J.C. Penney turnaround efforts 'just not working,' says Evercore ISI
Evercore ISI analyst Omar Saad said he is liquidating the 1.3% J.C. Penney Long Position initiated in the firm's Model Portfolio in April with the stock down 30% during that time. While acknowledging he "may be pulling the plug at the bottom," he said the company is doing everything in its power to keep its turnaround on track but efforts just are not working. Asset sales are not a sustainable long-term solution and cost-cutting initiatives are beginning to take a toll on operations, as evidenced by the jump in shrinkage that may be linked to understaffing, said Saad.
08/11/17
TLSY
08/11/17
DOWNGRADE
TLSY
Market Perform
J.C. Penney downgraded to Market Perform from Outperform at Telsey Advisory
07/12/17
SBSH
07/12/17
NO CHANGE
Target $5
SBSH
Neutral
J.C. Penney price target raised to $5 from $4.50 at Citi
Citi analyst Paul Lejuez raised his price target for J.C. Penney to $5 from $4.50 after the retailer announced that Q2 sales had "significantly improved" versus Q1. The analyst upped his FY17 earnings per share estimate to 53c from 40c and keeps a Neutral rating on Penny.
08/11/17
FBCO
08/11/17
NO CHANGE
FBCO
Underperform
J.C. Penney core operating profitability declining, says Credit Suisse
Credit Suisse analyst Christian Buss, in a research bulletin issued on the heels of J.C. Penney's Q2 report, said "continued caution is in order" as he sees it core operating profitability declining and underlying demand still being "tepid." He has an Underperform rating on J.C. Penney shares, which are down 23% in pre-market trading.
M Macy's
$20.62

-0.05 (-0.24%)

06/21/17
GDHS
06/21/17
NO CHANGE
GDHS
Nike-Amazon pact yet another department store headwind, says Gordon Haskett
Gordon Haskett analyst noted the reports of Nike (NKE) nearing a deal to sell directly on Amazon (AMZN), which he said wouldn't impact trends overnight but would represent another headwind for department stores, particularly J.C. Penney (JCP) and Kohl's (KSS), where the brand has a larger penetration than at Macy's (M) and Nordstrom (JWN). He keeps an Accumulate rating on Nordstrom, a Hold rating on Macy's and Reduce rating on both J.C. Penney and Kohl's.
08/11/17
UBSW
08/11/17
NO CHANGE
Target $21
UBSW
Neutral
Macy's Q2 better than feared, guidance hurts confidence, says UBS
UBS analyst Michael Binetti said Macy's reported Q2 results that were better than feared, but its second half guidance has damaged the confidence that its positive trends are sustainable. The analyst lowered his estimates and his price target to $21 from $23. Binetti maintained his Neutral rating on Macy's shares.
06/07/17
GSCO
06/07/17
NO CHANGE
Target $25
GSCO
Neutral
Macy's price target lowered to $25 from $28 at Goldman Sachs
Goldman analyst Lindsay Drucker Mann lowerd Macy's price target to $25 from $28 to reflect weaker margin trends and operating earnings following the company's Investor Day. The analyst is encouraged by the detail around strategic initiatives and has confidence in -3-4% FY17 comp guidance range. Shares are Neutral rated.
05/12/17
COWN
05/12/17
NO CHANGE
Target $29
COWN
Market Perform
Macy's financial modeling worrisome, says Cowen
Cowen analyst Oliver Chen said the rapid transformation of consumers' shopping preferences presents ongoing challenges to Macy's and other retailers. He said the company needs to reinvent promotional techniques that currently are yielding poor store traffic and higher markdowns. Chen said from a financial modeling perspective he is worried, leading him to maintain his Market Perform rating on Macy's shares and cut his price target to $29 from $44.
KSS Kohl's
$38.64

-0.86 (-2.18%)

08/10/17
JEFF
08/10/17
NO CHANGE
JEFF
Kohl's shares defended at Jefferies
08/10/17
GDHS
08/10/17
UPGRADE
GDHS
Hold
Kohl's upgraded to Hold from Reduce at Gordon Haskett
Gordon Haskett upgraded Kohl's to Hold saying earnings downside looks limited post today's results. The firm raised its price target for the shares to $37 from $36.
08/11/17
08/11/17
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. Wal-Mart (WMT) upgraded to Overweight from Equal Weight at Stephens with analyst Ben Bienvenu saying that the company's multi-year investments have led to a better in-store experience, which he sees continuing to drive momentum. 2. Kohl's (KSS) upgraded to Neutral from Underperform at Credit Suisse. 3. Huntington Bancshares (HBAN) upgraded to Overweight from Neutral at Piper Jaffray with analyst Kevin Barker saying the "disappointing" expense guidance has lowered expectations while Huntington should grow earnings faster than any regional bank peer in fiscal 2018 and fiscal 2019. 4. Axalta Coating (AXTA) upgraded to Overweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas saying the 16% pullback over the past three weeks has created an investment opportunity. 5. Perrigo (PRGO) upgraded to Neutral from Sell at Goldman Sachs with analyst Jami Rubin saying the quarterly results may mark the beginning of inflection towards stabilization in the Rx business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/10/17
FBCO
08/10/17
UPGRADE
FBCO
Neutral
Kohl's upgraded to Neutral from Underperform at Credit Suisse
JWN Nordstrom
$44.90

0.03 (0.07%)

07/14/17
JPMS
07/14/17
NO CHANGE
JPMS
Underweight
JPMorgan keeps Underweight on Nordstrom after management meetings
JPMorgan analyst Matthew Boss keeps an Underweight rating on Nordstrom (JWN) after meeting management at the company's headquarters. Management would not comment on their evaluation of strategic alternatives and the meeting was reshuffled to exclude members of the Nordstrom family while incoming CFO Anne Bramman attended but did not actively participate, Boss tells investors in a research note. The analyst views the company's EBITDA roadmap as "increasingly uncertain" with a greater emphasis on fashion to differentiate mix versus Amazon.com (AMZN) and rising costs of customer acquisition. He believes the retailer's fundamental multi-year risk profile is elevated.
06/14/17
CLVD
06/14/17
NO CHANGE
CLVD
Nordstrom Q2 comps likely trending below consensus at Cleveland Research
06/09/17
06/09/17
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. Snap (SNAP) downgraded to Neutral from Buy at Citi with analyst Mark May saying a slower than expected roll-out of new platforms and channels like self-serve is slowing down the pace of monetization growth. 2. Domino's Pizza (DPZ) downgraded to Neutral from Buy at Longbow with analyst Alton Stump saying his checks indicate second quarter domestic franchised comparables are up 6.25%-6.75%, versus consensus of 7.4%, and recommends investors take a pause on putting new money to work given recent share strength. 3. Nordstrom (JWN) downgraded to Neutral from Buy at Guggenheim with analyst Michael Binetti saying he does not see much further upside potential, even in a leveraged buyout scenario. The analyst believes a going private buyer could only pay $46 per share to generate a 10% internal rate of return. 4. Cantel Medical (CMD) downgraded to Hold from Buy at Benchmark with analyst Raymond Myers saying that he is increasingly concerned that its comparisons become tougher in the next two quarters. 5. Endo (ENDP) downgraded to Hold following Opana ER removal from market at Stifel with analyst Annabel Samimy saying Endo's recovery "just got harder" following the FDA's request for the company to voluntarily remove Opana ER from the market. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SNAP Snap
$11.83

-1.94 (-14.09%)

08/11/17
STFL
08/11/17
NO CHANGE
STFL
Snap mix shift contributed to Q2 revenue miss, says Stifel
Stifel analyst Scott W. Devitt says "a primary driver" of Snap's Q2 revenue miss "was its ad buying mix shifting significantly to the recently launched API / self-serve platforms." He says the change "pressured" the company's ad prices, but he thinks it will "broaden" advertiser demand "over time." Devitt trimmed his price target on the name to $18 from $22 but keeps a Buy rating on the stock.
08/11/17
RBCM
08/11/17
NO CHANGE
RBCM
'Way too early' to alter thesis on Snap, says RBC Capital
RBC Capital analyst Mark Mahaney says it's "way too early" to alter his positive thesis on Snap, since "most of the market is still up for grabs." He cut his price target on the shares to $20 from $31 but keeps an Outperform rating on the stock.
08/11/17
08/11/17
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. Blue Apron (APRN) was downgraded to Hold from Buy at SunTrust, to Neutral from Buy at Citi, and to Perform from Outperform at Oppenheimer. 2. Snap (SNAP) downgraded to Neutral from Buy at Monness Crespi. 3. Navios Acquisition (NNA) downgraded to Neutral from Buy at Citi with analyst Christian Wetherbee saying he is becoming more concerned about the sustainability of the company's dividend with existing charters rolling off in the coming four quarters, following the company's quarterly results. 4. Masonite (DOOR) downgraded to Hold from Buy at Stifel with analyst John Baugh saying Wednesday night's results marked the second consecutive quarter of disappointment on the top and bottom lines. 5. Hudson Technologies (HDSN) downgraded to Neutral from Buy at B. Riley with analyst Sarkis Sherbetchyan saying the shares are fairly priced following the company's second quarter report. The analyst raised his price target for the stock to $10 from $8.50. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/11/17
MONN
08/11/17
DOWNGRADE
MONN
Neutral
Snap downgraded to Neutral from Buy at Monness Crespi
NFLX Netflix
$171.40

2.26 (1.34%)

08/09/17
JPMS
08/09/17
NO CHANGE
JPMS
Overweight
Disney exit unlikely to have big impact on Netflix subscribers, says JPMorgan
JPMorgan analyst Doug Anmuth does not expect Disney's (DIS) departure to have a material impact on Netflix's (NFLX) subscriber numbers. While Disney's announcement came earlier than expected, the company's move to go direct is not a surprise, Anmuth tells investors in a research note. He believes Disney (DIS) content likely accounts for a single-digit percentage of Netflix's viewing time. The analyst has an Overweight rating Netflix shares.
08/09/17
UBSW
08/09/17
NO CHANGE
Target $190
UBSW
Buy
UBS sees little to no impact to Netflix from Disney streaming service launch
UBS analyst Doug Mitchelson noted Disney (DIS) announced plans to launch its own streaming video service in 2019 and said it will not enter into any new licenses with Netflix (NFLX). Disney management has said they still view Netflix as a valuable partner, Mitchelson pointed out. The analyst sees little to no impact to Netflix, noting Disney's offerings will not launch for two years, Disney is adding original content, and he believes the streaming video marketplace will continue to grow. Mitchelson reiterated his Buy rating and $190 price target on Netflix shares.
08/09/17
MSCO
08/09/17
NO CHANGE
Target $210
MSCO
Overweight
Netflix Overweight thesis remains intact, says Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne said Netflix's (NFLX) strategy to build its own vertically integrated global content brand will mitigate the loss of Disney (DIS). Swinburne expects some impact to Netflix's second half 2019 when Disney rolls off but said his Overweight thesis and $210 price target remain intact.
08/09/17
JEFF
08/09/17
NO CHANGE
Target $110
JEFF
Hold
Disney likely to create value well above Netflix deal, says Jefferies
Jefferies analyst John Janedis believes the strategic initiatives announced last night by Disney (DIS) are more likely than not to drive long-term value for the company. The potential value creation over the next five years is likely worth "well above" the implied $2B-$3B in Disney's enterprise value from the Netflix (NFLX) distribution deal, Janedis tells investors in a post-earnings research note. He keeps a Hold rating on Disney shares with a $110 price target.
DIS Disney
$102.00

0.65 (0.64%)

08/09/17
FBCO
08/09/17
NO CHANGE
Target $120
FBCO
Outperform
Disney price target lowered to $120 from $125 at Credit Suisse
Credit Suisse analyst Omar Sheikh lowered his price target for Disney to $120 from $125, while reiterating an Outperform rating on the shares. The analyst believes Disney's decision to shift its distribution strategy toward a direct to consumer model leans into the accelerating shifts in video consumption. Ahead is now a period when EPS/free cash flow growth will be diluted by investment, he notes, adding that he believes the company is laying the groundwork for a "stronger future strategically," not least by putting ESPN in a stronger position to successfully renew key sports rights in 2021/2022.
08/09/17
NEED
08/09/17
NO CHANGE
NEED
Hold
Needham applauds BAMTech acquisition by Disney
Needham analyst Laura Martin is lowering her 2018 estimates for Disney (DIS), but applauds the BAMTech acquisition as a fast-pass way to escape the U.S. TV-bundle box, albeit expensive as the former said it would be modestly dilutive for 2 years. The analyst believes that every content company must follow CBS (CBS) into the direct-to-consumer channel business to maintain growth. Rather than build it, Disney bought this capability which should accelerate time to market, Martin adds. The analyst reiterates a Hold rating on Disney's shares.
TTD Trade Desk
$54.45

4.39 (8.77%)

08/11/17
NEED
08/11/17
NO CHANGE
Target $62
NEED
Buy
Trade Desk price target raised to $62 from $56 at Needham
Needham analyst Kerry Rice said Trade Desk reported "strong" Q2 results, noting its revenue and EBITDA topped expectations, and he believes the company continued to take market share. Even with FY17 guidance being raised, Rice thinks Trade Desk estimates could prove conservative. He increased his price target on the stock to $62 from $56 and keeps a Buy rating on the shares.
05/12/17
NEED
05/12/17
NO CHANGE
Target $56
NEED
Buy
Trade Desk price target raised to $56 from $48 at Needham
Needham analyst Kerry Rice raised his price for Trade Desk to $56 from $48 after posting another blowout in Q1 with new customer wins and mobile as the primary drivers. For the balance of the year, the analyst expects mobile, video, and international expansion to be the primary drivers of incremental revenue with programmatic TV to follow. He reiterates a Buy rating on the shares.
08/11/17
JEFF
08/11/17
NO CHANGE
Target $60
JEFF
Buy
Jefferies ups Trade Desk target to $60 on fourth straight beat
Trade Desk posted its fourth straight beat quarter, performing "exceptionally well in all aspects," Jefferies analyst Brian Fitzgerald tells investors in a research note. The analyst sees additional upside in the second half of 2017 and 2018 and raised his price target for the shares to $60 from $57. Trade Desk remains his top small cap pick with a Buy rating.
05/12/17
RBCM
05/12/17
NO CHANGE
RBCM
Trade Desk price target raised to $56 from $45 at RBC Capital
RBC Capital analyst Mark Mahaney raised his price target on Trade Desk after the company delivered beat and raise results. The analyst says that the results were "very strong," and he remains upbeat on the company's fundamentals. Mahaney keeps an Outperform rating on the stock.
ICHR Ichor Holdings
$19.42

1.39 (7.71%)

01/03/17
NEED
01/03/17
INITIATION
Target $17
NEED
Buy
Ichor Holdings initiated with a Buy at Needham
Needham analyst Y. Edwin Mok started Ichor Holdings with a Buy rating and $17 price target as he believes the company is well positioned to deliver continued growth in 2017 and 2018 given the stable growth industry environment, its high exposure to faster growing segments, and the "solid opportunities" for market share gains.
05/09/17
COWN
05/09/17
NO CHANGE
Target $25
COWN
Outperform
Ichor Holdings an inexpensive way to play tech inflections in semis, says Cowen
Cowen analyst Timothy Arcuri noted Ichor Holdings shares are up 85% since his initiation but he said it still remains an inexpensive way to play a number of key technology inflections in semis. He recommends buying the shares on any weakness, reiterated his Outperform rating and raised his price target to $25 from $22 on Ichor.
07/31/17
NEED
07/31/17
NO CHANGE
Target $30
NEED
Buy
Ichor Holdings price target raised to $30 from $25 at Needham
Needham analyst Y. Edwin Mok raised his price target for Ichor Holdings to $30 from $25 given the increased sales and earnings coupled with improved industry trends. The analyst also sees the acquisition of Cal-Weld as positive. He reiterates a Buy rating on the shares.
05/08/17
STFL
05/08/17
NO CHANGE
STFL
Ichor Holdings price target raised to $24 from $20 at Stifel
Stifel analyst Patrick Ho raised his price target on Ichor after the company's positive preannouncement. The analyst thinks that the company should generate "above average growth" again this year. He keeps a Buy rating on the stock.
EFII Electronics for Imaging
$31.81

2.41 (8.20%)

08/04/17
LOOP
08/04/17
NO CHANGE
LOOP
Buy
Loop says Electronics for Imaging impact from restatements 'sounds' minimal
Loop Capital analyst Ananda Baruah noted that Electronics for Imaging postponed the report of its June quarter EPS call to complete an assessment into the timing of revenue recognition, which is "not great news." However, the company said the impact to fundamentals over the aggregate periods of restatement is not material, making it "sound" like the fundamental view of the company remains intact, said Baruah, who has a Buy rating on EFI shares.
08/04/17
08/04/17
DOWNGRADE
Target $28

Underweight
Electronics for Imaging downgraded on accounting uncertainty at Morgan Stanley
As previously reported, Morgan Stanley downgraded Electronics for Imaging to Underweight from Equal Weight and cut its price target to $28 from $42. Analyst Katy Huberty said the accounting investigation creates months of uncertainty and believes downward earnings revisions are likely.
08/04/17
CRSS
08/04/17
DOWNGRADE
CRSS
Hold
Electronics for Imaging downgraded to Hold from Buy at Cross Research
08/04/17
SIDC
08/04/17
DOWNGRADE
SIDC
Neutral
Electronics for Imaging downgraded to Neutral from Buy at Sidoti
LXFT Luxoft
$45.70

-15.1 (-24.84%)

06/16/17
COWN
06/16/17
NO CHANGE
Target $68
COWN
Outperform
Luxoft client concentration reduction should drive growth recovery, says Cowen
Cowen analyst Avishai Kantor said Luxoft will be de-risking their client concentration by March 2018, which should drive an organic growth recovery and multiple expansion. Kantor maintained his Outperform rating and $68 price target on Luxoft shares.
08/11/17
UBSW
08/11/17
NO CHANGE
Target $66
UBSW
Neutral
Luxoft Q4 results worse than expected, says UBS
UBS analyst Steven Milunovich said the Q4 results for Luxoft were worse than expected. He noted revenues were below consensus and gross margins fell. The company cited a slowdown in decision making in financial services and slow growth within two M&A related accounts. The company also lowered its guidance, leaving few positives in the quarter, according to Milunovich, who maintained his Neutral rating and $66 price target on Luxoft shares.
08/11/17
WEDB
08/11/17
DOWNGRADE
WEDB
Neutral
Luxoft downgraded on weakness of multiple clients at Wedbush
As noted earlier, Wedbush downgraded Luxoft (LXFT) to Neutral from Outperform. As reasons for the downgrade, analyst Moshe Katri cited the deceleration in the spending of its top two clients, Deutsche Bank (DB) and UBS (UBS), and a "spending pause" by a number of its other clients which are undergoing M&A. Target to $50 from $67.
08/11/17
WEDB
08/11/17
DOWNGRADE
WEDB
Neutral
Luxoft downgraded to Neutral from Outperform at Wedbush
NVDA Nvidia
$155.95

-8.79 (-5.34%)

08/11/17
LOOP
08/11/17
NO CHANGE
Target $181
LOOP
Buy
Nvidia pullback presents 'compelling' entry point, says Loop Capital
With Nvidia shares "priced for perfection" into its Q2 report, Loop Capital analyst Betsy Van Hees attributes the post-earnings pullback in the stock to the company's "modest" 2% sequential growth in data center and the guidance for a large sequential step-up in operating expenses. However, she thinks investors' concerns that data center growth has topped out are unwarranted, noting that the quarter featured a transition to Volta, which is now ramped. The analyst, who also contends that Nvidia must continue to spend to maintain its leadership position, raised her price target on the stock to $181 from $137, keeps a Buy rating and view the pullback as a "compelling" entry point to the stock.
08/11/17
ROTH
08/11/17
NO CHANGE
Target $150
ROTH
Neutral
Roth says Nvidia 'stands alone' in semiconductors, valuation 'only question'
Roth Capital analyst Brian Alger said Nvidia's (NVDA) performance over the past several quarters has made it clear that neither Intel (INTC) nor AMD (AMD) have been able to slow the company's growth. Nvidia "stands alone" among semiconductor companies in terms of big volume and big dollar growth potential, but valuation of its stock remains the "only question," according to Alger. He raised his FY19 revenue estimate by roughly $1B and increased his price target on Nvidia shares to $150 from $120, but maintains a Neutral rating on the stock.
08/11/17
RHCO
08/11/17
NO CHANGE
RHCO
Nvidia shares should be bought on weakness, says SunTrust
SunTrust analyst William Stein says that Nvidia significantly beat Q2 expectations even excluding its cryptocurrency business, and he thinks the cryptocurrency business will be sustainable. Stein adds that analysts keep anticipating that the company's revenue growth will slow, but he says their estimate of when this will occur keeps getting delayed. He recommends buying the stock on weakness.
08/11/17
NOMU
08/11/17
NO CHANGE
Target $110
NOMU
Reduce
Nvidia core gaming still slow, datacenter uncertain, says Nomura Instinet
Nomura Instinet analyst Romit Shah said Nvidia continues to see "subdued" trends in core PC gaming, minimal, gross margin leverage and decelerating revenue and earnings growth. Shah believes shares remain overvalued and reiterates his Reduce rating, but raises his price target to $110 from $90.

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    Aug

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KKR

KKR

18:11
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08/21
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18:11
Hot Stocks
Breaking Hot Stocks news story on KKR »

ValueAct raises stake in…

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BZUN

Baozun

$34.60

0.62 (1.82%)

18:05
08/21/17
08/21
18:05
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18:05
Hot Stocks
Baozun reports Q2 Total Gross Merchandise Volume RMB3.604B »

An increase of 63.5%…

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  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:03
08/21/17
08/21
18:03
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18:03
Earnings
Baozun sees Q3 revenue RMB870M-RMB910M »

The company will begin…

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  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:02
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08/21
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18:02
Earnings
Breaking Earnings news story on Baozun »

Baozun reports Q2…

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  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:01
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08/21
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18:01
Earnings
Baozun reports Q2 EPS 8c, consensus 10c »

Reports Q2 revenue $131M,…

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  • 21

    Aug

KKR

KKR

18:00
08/21/17
08/21
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Periodicals
KKR near 'clinching' $3B commitment from NYC pension system, Bloomberg says »

KKR is getting close to…

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ESV

Ensco

$4.19

-0.09 (-2.10%)

, NBL

Noble Energy

$23.54

-0.11 (-0.47%)

17:56
08/21/17
08/21
17:56
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17:56
Hot Stocks
Ensco awarded contract by Noble Energy »

Ensco (ESV) announced…

ESV

Ensco

$4.19

-0.09 (-2.10%)

NBL

Noble Energy

$23.54

-0.11 (-0.47%)

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  • 29

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GDOT

Green Dot

$46.58

0.31 (0.67%)

17:51
08/21/17
08/21
17:51
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17:51
Hot Stocks
Breaking Hot Stocks news story on Green Dot »

Harvest Capital reports…

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RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

, RIG

Transocean

$7.32

-0.16 (-2.14%)

17:46
08/21/17
08/21
17:46
08/21/17
17:46
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: Ruby…

RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

RIG

Transocean

$7.32

-0.16 (-2.14%)

NDSN

Nordson

$125.12

0.99 (0.80%)

FN

Fabrinet

$39.82

-0.26 (-0.65%)

TEDU

Tarena

$18.61

0.59 (3.27%)

ZAYO

Zayo Group

$32.97

-0.08 (-0.24%)

PINC

Premier

$32.78

-0.16 (-0.49%)

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  • 21

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RIG

Transocean

$7.32

-0.16 (-2.14%)

17:41
08/21/17
08/21
17:41
08/21/17
17:41
Hot Stocks
Transocean director acquires 2,000 registered shares »

In a regulatory filing,…

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  • 29

    Aug

RDN

Radian Group

$16.46

-0.26 (-1.56%)

17:38
08/21/17
08/21
17:38
08/21/17
17:38
Hot Stocks
Radian Group CEO Thornberry buys 15,000 shares »

Radian Group CEO Richard…

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RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

17:38
08/21/17
08/21
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17:38
Earnings
Ruby Tuesday reports Q4 adjusted EPS 6c vs 10c last year »

Reports Q4 revenue…

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  • 21

    Aug

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    Dec

SRNE

Sorrento Therapeutics

$1.70

-0.05 (-2.86%)

17:29
08/21/17
08/21
17:29
08/21/17
17:29
Hot Stocks
Sorrento closes transactions contemplated by contribution pact with Celularity »

Sorrento Therapeutics…

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  • 28

    Aug

GPN

Global Payments

$94.57

0.81 (0.86%)

17:24
08/21/17
08/21
17:24
08/21/17
17:24
Hot Stocks
Global Payments Chairman William Jacobs sells 8,428 shares of company stock »

Global Payments Chairman…

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NOC

Northrop Grumman

$267.70

0.09 (0.03%)

17:19
08/21/17
08/21
17:19
08/21/17
17:19
Hot Stocks
Northrop Grumman awarded $328.6M government contract »

Northrop Grumman Systems…

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  • 23

    Aug

BA

Boeing

$235.68

-0.09 (-0.04%)

17:18
08/21/17
08/21
17:18
08/21/17
17:18
Hot Stocks
Boeing awarded $349.2M government contract »

The Boeing Co.,…

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LMT

Lockheed Martin

$301.88

2.68 (0.90%)

17:17
08/21/17
08/21
17:17
08/21/17
17:17
Hot Stocks
Lockheed Martin awarded $427M government contract »

Lockheed Martin Corp.,…

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  • 23

    Aug

PBFX

PBF Logistics

$20.80

-0.05 (-0.24%)

17:11
08/21/17
08/21
17:11
08/21/17
17:11
Hot Stocks
Breaking Hot Stocks news story on PBF Logistics »

Carlos Slim reports 5.1%…

03/08/13
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VZ

Verizon

$48.14

0.45 (0.94%)

17:10
08/21/17
08/21
17:10
08/21/17
17:10
Periodicals
Yahoo owes $5.5M to SCA Promotions after backing out of contract, Reuters says »

The 5th U.S. Circuit…

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  • 30

    Aug

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XOM

Exxon Mobil

$76.38

-0.26 (-0.34%)

17:07
08/21/17
08/21
17:07
08/21/17
17:07
Hot Stocks
Exxon Mobil says fire at a refinery in Botlek, Rotterdam 

Reference Link

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  • 27

    Oct

TEAR

TearLab

$1.61

0.01 (0.63%)

17:03
08/21/17
08/21
17:03
08/21/17
17:03
Syndicate
Breaking Syndicate news story on TearLab »

TearLab files to sell…

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