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VMW

VMware

$107.72

1.62 (1.53%)

, IBM

IBM

$144.86

2.41 (1.69%)

06:36
09/12/17
09/12
06:36
09/12/17
06:36

VMware, IBM partnership speeds cloud adoption in enterprise

IBM (IBM) and VMware (VMW) announced that more than 1,400 enterprises in nearly every industry around the world are extending their VMware environments to the IBM Cloud. Through the partnership, clients are using IBM Cloud's global reach and cloud-native services, and the infrastructure and operational consistency of VMware Cloud Infrastructure, to create new business opportunities. As part of today's news, IBM and VMware are announcing new solutions to further the partnership and IBM is launching network control and visibility solutions from F5 Networks and Fortinet so that enterprises can continue to extend their VMware environments, as they are, to the public cloud.

VMW

VMware

$107.72

1.62 (1.53%)

IBM

IBM

$144.86

2.41 (1.69%)

  • 13

    Sep

  • 15

    Nov

VMW VMware
$107.72

1.62 (1.53%)

09/05/17
FBCO
09/05/17
INITIATION
Target $130
FBCO
Outperform
VMware initiated with an Outperform at Credit Suisse
Credit Suisse analyst Brad Zelnick started VMware with an Outperform rating and $130 price target as he believes the market is underappreciating the company's long-term relevance in an increasingly cloud-native world.
09/05/17
OPCO
09/05/17
NO CHANGE
Target $120
OPCO
Outperform
VMware price target raised to $120 from $110 at Oppenheimer
Oppenheimer analyst Ittai Kidron raised his price target for VMware to $120 from $110 as he believes customers are likely to continue to increase their spending with VMware, adoption of the company's new solutions is growing, and evidence suggesting the company's hybrid cloud strategy is resonating with customers is mounting. The analyst reiterates an Outperform rating on the shares.
09/06/17
MOFT
09/06/17
INITIATION
Target $120
MOFT
Neutral
VMware initiated with a Neutral at MoffettNathanson
MoffettNathanson analyst Adam Holt initiated VMware with a Neutral and a $120 price target saying the company's positive position in the cloud is reflected in valuation.
09/07/17
JPMS
09/07/17
NO CHANGE
Target $120
JPMS
Overweight
VMware share catalysts 'only getting started,' says JPMorgan
While VMware shares are up 36% year-to-date, "several" company specific catalysts are "only getting started," JPMorgan analyst Mark Murphy tells investors in a research note. The analyst lists the Dell distribution mechanism, Amazon Web Service partnership and network functions virtualization wins as catalysts in the early innings. He reaffirms an Overweight rating on VMware shares with a $120 price target.
IBM IBM
$144.86

2.41 (1.69%)

08/03/17
WEDB
08/03/17
INITIATION
Target $155
WEDB
Neutral
IBM initiated with a Neutral at Wedbush
Wedbush analyst Moshe Katri initiated IBM with a Neutral and a $155 price target.
08/04/17
08/04/17
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. Square (SQ) initiated with a Neutral at Wedbush. 2. Avis Budget (CAR) was initiated with an Overweight at JPMorgan while Hertz (HTZ) was initiated with a Neutral at the firm. 3. IBM (IBM) initiated with a Neutral at Wedbush. 4. Amtech Systems (ASYS) initiated with a Buy at Roth Capital. 5. Franklin Financial Network (FSB) initiated with a Market Perform at Hovde Group. 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
BERN
08/07/17
NO CHANGE
BERN
IBM Infrastructure Services may not recover in 2H17, says Bernstein
After IBM predicted that the revenue growth of its Infrastructure Services, or IS, business would rebound in 2H17, Bernstein analyst A.M. (Toni) Sacconaghi, Jr says this target won't be "a slam dunk" for the company. He notes that the company's overall services backlog, which he says has historically been a good proxy for IS, is down 4% year-over-year. Additionally, he is worried " about potential financial incentives IBM may have provided to IS customers to extend/re-new existing contracts early." The analyst says the company remains "in a turnaround," and he keeps a Sector Perform rating.
09/05/17
UBSW
09/05/17
NO CHANGE
Target $152
UBSW
Neutral
Blockchain and cognitive computing IBM's best recovery chance, says UBS
UBS analyst Steven Milunovich noted IBM's (IBM) legacy business remains in decline but he thinks technologies such as blockchain and cognitive computing are its best hope for recovery. The analyst sees blockchain as a differentiated growth opportunity and he believes IBM is ahead of Microsoft (MSFT), which is also looking to monetize the technology. Milunovich said IBM's earnings momentum is mediocre and he remains concerned about the company's 2018 outlook. Milunovich maintained his Neutral rating and $152 price target on IBM shares.

TODAY'S FREE FLY STORIES

CPB

Campbell Soup

$45.10

-0.985 (-2.14%)

, LNCE

Snyder's-Lance

$50.00

0.05 (0.10%)

11:55
02/21/18
02/21
11:55
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11:55
Hot Stocks
Campbell expects $170M in cost synergies from Snyder's-Lance deal by FY22 »

CFO Anthony DiSilvestro…

CPB

Campbell Soup

$45.10

-0.985 (-2.14%)

LNCE

Snyder's-Lance

$50.00

0.05 (0.10%)

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HBAN

Huntington Bancshares

$15.90

0.07 (0.44%)

11:50
02/21/18
02/21
11:50
02/21/18
11:50
Options
Call buyers in Huntington Bancshares »

Call buyers in Huntington…

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11:50
02/21/18
02/21
11:50
02/21/18
11:50
General news
Treasury $15 B 2-year FRN reopening was weak »

Treasury $15 B 2-year FRN…

C

Citi

$77.50

1.0399 (1.36%)

11:47
02/21/18
02/21
11:47
02/21/18
11:47
Periodicals
Citi creates new position to supervise EMEA commodities banking, FT says »

According to the…

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XLI

Industrial Select Sector SPDR

$77.42

0.905 (1.18%)

, XLF

Financial Select Sector

$29.21

0.32 (1.11%)

11:43
02/21/18
02/21
11:43
02/21/18
11:43
Technical Analysis
Technical Take: S&P 500 hits session highs at midday »

At time of writing the…

XLI

Industrial Select Sector SPDR

$77.42

0.905 (1.18%)

XLF

Financial Select Sector

$29.21

0.32 (1.11%)

XLB

S&P Select Materials SPDR

$60.73

0.52 (0.86%)

XLK

Technology Select Sector SPDR

$67.79

0.55 (0.82%)

XLRE

Real Estate SPDR

$30.23

-0.145 (-0.48%)

XLP

Consumer Staples Sector SPDR

$54.16

-0.18 (-0.33%)

SPY

SPDR S&P 500 ETF Trust

$273.35

1.945 (0.72%)

SPX

S&P 500

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PFE

Pfizer

$36.31

0.3 (0.83%)

, BIIB

Biogen

$287.45

-4.42 (-1.51%)

11:43
02/21/18
02/21
11:43
02/21/18
11:43
Periodicals
Breaking Periodicals news story on Pfizer, Biogen, Roche »

Pfizer loses IPR…

PFE

Pfizer

$36.31

0.3 (0.83%)

BIIB

Biogen

$287.45

-4.42 (-1.51%)

RHHBY

Roche

$29.77

-0.53 (-1.75%)

03/08/13
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SLCA

U.S. Silica

$26.56

-4.195 (-13.64%)

11:40
02/21/18
02/21
11:40
02/21/18
11:40
Options
Buy the dip call activity in Silica Holdings as shares tumble on earnings »

Buy the dip call activity…

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  • 21

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CPB

Campbell Soup

$45.44

-0.64 (-1.39%)

, LNCE

Snyder's-Lance

$50.00

0.05 (0.10%)

11:36
02/21/18
02/21
11:36
02/21/18
11:36
Hot Stocks
Campbell expects Snyder's-Lance deal to deliver 'significant' cost synergies »

Says Snyder's-Lance…

CPB

Campbell Soup

$45.44

-0.64 (-1.39%)

LNCE

Snyder's-Lance

$50.00

0.05 (0.10%)

03/08/13
Wedge Partners
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03/06/13
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  • 21

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11:36
02/21/18
02/21
11:36
02/21/18
11:36
General news
2-Yr FRN Note Auction Bid/Cover data reported »

2-Yr FRN Note Auction…

11:36
02/21/18
02/21
11:36
02/21/18
11:36
General news
2-Yr FRN Note Auction Total Amount data reported »

2-Yr FRN Note Auction…

PCRX

Pacira

$31.25

1.1 (3.65%)

11:36
02/21/18
02/21
11:36
02/21/18
11:36
Recommendations
Pacira analyst commentary  »

Pacira Q4 sales momentum…

03/08/13
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  • 21

    Feb

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    Apr

AIDIF

Air Canada

11:35
02/21/18
02/21
11:35
02/21/18
11:35
Conference/Events
Air Canada management to meet with RBC Capital »

Group Luncheon Meeting to…

03/08/13
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11:30
02/21/18
02/21
11:30
02/21/18
11:30
Options
25K Alerian MLP Mar 9th 10.5 puts trade for 20c on ISE »

25K Alerian MLP Mar 9th…

CPB

Campbell Soup

$45.38

-0.7 (-1.52%)

11:30
02/21/18
02/21
11:30
02/21/18
11:30
Hot Stocks
Campbell Soup says goal is to become leading health and well-being food company »

President and CEO Denise…

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PERY

Perry Ellis

$26.32

-0.52 (-1.94%)

11:28
02/21/18
02/21
11:28
02/21/18
11:28
Hot Stocks
Perry Ellis announces mens underwear, loungewear license in South Korea »

Earlier today, Perry…

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NBL

Noble Energy

$29.48

0.36 (1.24%)

11:27
02/21/18
02/21
11:27
02/21/18
11:27
Recommendations
Noble Energy analyst commentary  »

Noble Energy price target…

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DVN

Devon Energy

$32.86

-1.79 (-5.17%)

11:26
02/21/18
02/21
11:26
02/21/18
11:26
Hot Stocks
Devon Energy CEO confident that investor returns will increase in FY18 »

Devon Energy CEO David…

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  • 21

    Feb

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T

AT&T

$36.92

0.15 (0.41%)

, TWX

Time Warner

$95.26

0.19 (0.20%)

11:24
02/21/18
02/21
11:24
02/21/18
11:24
Conference/Events
FBN Securities media analyst to hold an analyst/industry conference call »

Media Analyst Research…

T

AT&T

$36.92

0.15 (0.41%)

TWX

Time Warner

$95.26

0.19 (0.20%)

DIS

Disney

$106.30

0.32 (0.30%)

FOX

21st Century Fox

$36.61

-0.43 (-1.16%)

SNI

Scripps Networks

$88.16

0.35 (0.40%)

03/08/13
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  • 23

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DIS

Disney

$106.34

0.36 (0.34%)

11:23
02/21/18
02/21
11:23
02/21/18
11:23
Periodicals
Producer of new 'Frozen' musical accused of workplace harassment, WSJ says »

Tom Schumacher, the…

03/08/13
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  • 23

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FB

Facebook

$176.01

-1.35 (-0.76%)

, TWTR

Twitter

$32.80

-0.04 (-0.12%)

11:22
02/21/18
02/21
11:22
02/21/18
11:22
Conference/Events
FBN Securities digital media analysts to hold a luncheon »

Digital Media Analysts…

FB

Facebook

$176.01

-1.35 (-0.76%)

TWTR

Twitter

$32.80

-0.04 (-0.12%)

GOOG

Alphabet

$1,102.46

7.66 (0.70%)

GOOGL

Alphabet Class A

$1,103.59

8.09 (0.74%)

AABA

Altaba

$74.59

1.08 (1.47%)

03/08/13
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RF

Regions Financial

$19.77

0.37 (1.91%)

11:20
02/21/18
02/21
11:20
02/21/18
11:20
Options
Notable call buying in Regions Financial as shares move higher »

Notable call buying in…

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$NSD

NASDAQ Market Internals

11:17
02/21/18
02/21
11:17
02/21/18
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

11:16
02/21/18
02/21
11:16
02/21/18
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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11:14
02/21/18
02/21
11:14
02/21/18
11:14
Conference/Events
RBC Capital healthcare IT analyst to hold a luncheon »

Healthcare IT Analyst…

GRMN

Garmin

$64.86

-0.35 (-0.54%)

, BMWYY

BMW

$35.62

-1.01 (-2.76%)

11:12
02/21/18
02/21
11:12
02/21/18
11:12
Hot Stocks
Garmin says still seeing lot of interest for infotainment for auto »

A company executive…

GRMN

Garmin

$64.86

-0.35 (-0.54%)

BMWYY

BMW

$35.62

-1.01 (-2.76%)

03/08/13
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