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BABA

Alibaba

$170.52

-0.466 (-0.27%)

, AMZN

Amazon.com

$950.87

12.27 (1.31%)

13:12
09/28/17
09/28
13:12
09/28/17
13:12

Alibaba weighing locations for second European data center, Bloomberg says

Alibaba (BABA) is scouting locations for its second data center in Europe, as the company expand its global presence to better compete with Amazon (AMZN) in cloud services, Bloomberg reports. "Right now, Europe is really a weak region for us, very weak," said Lin Luo, Alibaba's deputy director for international government and public affairs, noting that London and Sweden could be possible locations for a new data center. "We have to figure out what is the best strategy for here." Reference Link

BABA

Alibaba

$170.52

-0.466 (-0.27%)

AMZN

Amazon.com

$950.87

12.27 (1.31%)

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BABA Alibaba
$170.52

-0.466 (-0.27%)

09/22/17
UBSW
09/22/17
NO CHANGE
Target $77
UBSW
Buy
Altaba price target raised to $77 from $70 at UBS
UBS analyst Eric Sheridan raised his price target for Altaba (AABA) shares to $77 and keeps a Buy rating on the name. Three months into its trading, the market is still a applying a "deep discount" to any potential tax efficiency on asset value to the company's stakes in Alibaba (BABA) and Yahoo Japan (YAHOY), Sheridan tells investors in a research note. After speaking with tax experts, the analyst believes there are tax efficient structures with precedence that Altaba can leverage. Further, the possibility of a federal tax cut provides additional optionality for tax efficiency, Sheridan adds.
09/22/17
CANT
09/22/17
INITIATION
Target $213
CANT
Overweight
Alibaba initiated with an Overweight at Cantor
Cantor Fitzgerald analyst Naoshi Nema started Alibaba with an Overweight rating and $213 price target.
09/22/17
09/22/17
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. Alibaba (BABA) initiated with an Overweight at Cantor. 2. Digital Realty (DLR) initiated with a Market Perform at William Blair. 3. PNM Resources (PNM) initiated with a Market Perform at Wells Fargo. 4. Madrigal Pharmaceuticals (MDGL) initiated with an Outperform at Evercore ISI. 5. Becton Dickinson (BDX) initiated with an Outperform at Wells Fargo. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/26/17
WELS
09/26/17
INITIATION
Target $225
WELS
Outperform
Alibaba resumed with an Outperform at Wells Fargo
Wells Fargo analyst Ken Sena resumed coverage on Alibaba with an Outperform and $225 price target.
AMZN Amazon.com
$950.87

12.27 (1.31%)

09/27/17
WBLR
09/27/17
NO CHANGE
WBLR
Outperform
Kornit Digital long-term opportunity remains unchanged, says William Blair
William Blair analyst Brian Drab believes Kornit Digital's (KRNT) shortfall in Q3 is a function of timing and that the company's fundamental long-term opportunity remains unchanged. The valuation multiple in the near term, however, will be "tempered given volatility associated with customer concentration," Drab tells investors in a research note. The analyst thinks Amazon (AMZN) is the customer experiencing the permitting issue, which he notes management expects to be resolved in the next few months. He keeps an Outperform rating on the shares.
09/28/17
BERN
09/28/17
NO CHANGE
BERN
Amazon will enter retail pharmacy industry, says Bernstein
Bernstein analyst Lance Wilkes thinks Amazon will enter the retail pharmacy industry, especially because it is a large and disruptable market. The analyst believes Amazon is well positioned to address/impact the major customer issues in this market, and expects it will need to partner with or acquire a PBM to drive volume growth. Wilkes is also increasingly concerned that Amazon's entry will negatively impact PBM earnings levers.
09/28/17
MSCO
09/28/17
NO CHANGE
MSCO
Equal Weight
Morgan Stanley says Perrigo opportunity at Amazon 'more hype' than sales driver
Morgan Stanley analyst David Risinger believes online sales are unlikely to drive higher net revenue for Perrigo (PRGO) in the U.S. because such purchases will likely cannibalize existing sales via traditional brick and mortar retailers. Amazon (AMZN) currently sells Perrigo's GoodSense low-cost brand and Risinger sees it as possible that Amazon eventually develops its own brand and sources private label products from Perrigo and others, but this would also likely cannibalize GoodSense, he tells investors. The analyst, who noted "this is not a negative stock call," keeps an Equal Weight rating on Perrigo.
09/28/17
JMPS
09/28/17
NO CHANGE
Target $1125
JMPS
Outperform
JMP says Amazon new products significantly expand connected home presence
JMP Securities analyst Ronald Josey said Amazon significantly expanded its connected home presence with its announcement of new Alexa products yesterday, including the new Echo Plus, Echo Spot and lower-cost revamped Echo. The analyst, who was impressed with the expanded capabilities of the products, noted the second generation Echoes are now 44% cheaper, which he believes should lead to greater adoption. Josey keeps an Outperform rating and $1,125 price target on Amazon shares.

TODAY'S FREE FLY STORIES

BAND

Bandwidth

$24.09

0.18 (0.75%)

, CAR

Avis Budget

$38.96

-0.98 (-2.45%)

17:42
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BAND

Bandwidth

$24.09

0.18 (0.75%)

CAR

Avis Budget

$38.96

-0.98 (-2.45%)

MB

Mindbody

$33.35

-0.1 (-0.30%)

SAIL

SailPoint Technologies

$17.92

0.47 (2.69%)

STMP

Stamps.com

$184.95

-5.1 (-2.68%)

GPOR

Gulfport Energy

$8.41

-0.32 (-3.67%)

SNPS

Synopsys

$88.46

-1.3 (-1.45%)

PE

Parsley Energy

$23.10

-0.19 (-0.82%)

P

Pandora

$4.87

-0.46 (-8.63%)

MLNX

Mellanox

ROKU

Roku

$51.10

-0.08 (-0.16%)

AAOI

Applied Optoelectronics

$34.55

1.22 (3.66%)

SRCL

Stericycle

$74.91

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CSLT

Castlight Health

$3.85

0.3 (8.45%)

UCTT

Ultra Clean

$19.96

-0.4 (-1.96%)

TRN

Trinity Industries

$35.23

0.47 (1.35%)

RGR

Sturm, Ruger

$47.30

-1.05 (-2.17%)

CONE

CyrusOne

$48.81

-1.56 (-3.10%)

ADXS

Advaxis

$2.51

-0.08 (-3.09%)

GWPH

GW Pharmaceuticals

$132.33

1.5 (1.15%)

OMF

OneMain Holdings

$31.67

-0.22 (-0.69%)

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    Feb

CLI

Mack-Cali Realty

$18.33

-0.25 (-1.35%)

17:40
02/21/18
02/21
17:40
02/21/18
17:40
Earnings
Breaking Earnings news story on Mack-Cali Realty »

Mack-Cali Realty sees…

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CLI

Mack-Cali Realty

$18.33

-0.25 (-1.35%)

17:39
02/21/18
02/21
17:39
02/21/18
17:39
Earnings
Breaking Earnings news story on Mack-Cali Realty »

Mack-Cali Realty reports…

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MIC

Macquarie Infrastructure

$63.62

-0.75 (-1.17%)

17:32
02/21/18
02/21
17:32
02/21/18
17:32
Hot Stocks
Macquarie Infrastructure to reduce 2018 dividend to help fund asset repurposing »

Macquarie Infrastructure…

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  • 22

    Feb

ILG

ILG

$32.31

0.12 (0.37%)

17:30
02/21/18
02/21
17:30
02/21/18
17:30
Hot Stocks
ILG increases quarterly dividend »

ILG announced that its…

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  • 13

    Mar

TGB

Taseko Mines

$1.76

0.03 (1.73%)

17:28
02/21/18
02/21
17:28
02/21/18
17:28
Earnings
Taseko Mines reports Q4 adjusted EPS (C$0.01) vs. C$0.07 last year »

Reports Q4 revenue…

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BAND

Bandwidth

$24.09

0.18 (0.75%)

17:26
02/21/18
02/21
17:26
02/21/18
17:26
Earnings
Bandwidth sees FY18 adjusted EPS (11c)-0c, may not compare to consensus (34c) »

Sees FY18 revenue…

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  • 21

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BAND

Bandwidth

$24.09

0.18 (0.75%)

17:25
02/21/18
02/21
17:25
02/21/18
17:25
Earnings
Bandwidth sees Q1 adjusted EPS 7c-10c, may not compare to consensus (6c) »

Sees Q1 revenue…

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  • 21

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SM

SM Energy

$21.30

-0.54 (-2.47%)

17:25
02/21/18
02/21
17:25
02/21/18
17:25
Hot Stocks
SM Energy sees Q1 production 9.5-10.0 MMBoe »

Sees Q1 total capital…

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  • 22

    Feb

BAND

Bandwidth

$24.09

0.18 (0.75%)

17:24
02/21/18
02/21
17:24
02/21/18
17:24
Earnings
Bandwidth reports Q4 adjusted EPS 9c, consensus 0c »

Reports Q4 revenue…

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SM

SM Energy

$21.30

-0.54 (-2.47%)

17:24
02/21/18
02/21
17:24
02/21/18
17:24
Hot Stocks
SM Energy sees 2018 production 42-46 MMBoe, 41% oil »

Sees 2018 total capital…

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  • 22

    Feb

P

Pandora

$4.87

-0.46 (-8.63%)

17:24
02/21/18
02/21
17:24
02/21/18
17:24
Earnings
Pandora sees Q1 revenue $295M-$305M, consensus $322.87M »

Sees Q1 adjusted EBITDA…

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SM

SM Energy

$21.30

-0.54 (-2.47%)

17:23
02/21/18
02/21
17:23
02/21/18
17:23
Earnings
SM Energy reports Q4 adjusted EPS (8c), consensus (14c) »

Reports Q4 revenue…

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  • 22

    Feb

P

Pandora

$4.87

-0.46 (-8.63%)

17:22
02/21/18
02/21
17:22
02/21/18
17:22
Hot Stocks
Pandora expects FY18 top-line growth to come from subscription business »

Operating expenses will…

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LNCE

Snyder's-Lance

$49.90

-0.1 (-0.20%)

17:22
02/21/18
02/21
17:22
02/21/18
17:22
Hot Stocks
Snyder's-Lance initiates recall for a limited amount of Glazed Walnuts product »

Emerald Nuts, a…

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OKE

Oneok

$56.10

-0.92 (-1.61%)

17:20
02/21/18
02/21
17:20
02/21/18
17:20
Hot Stocks
ONEOK to invest $2.3B for additional NGL, natural gas infrastructure »

ONEOK announced plans to…

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  • 27

    Feb

GXP

Great Plains Energy

$29.45

-0.33 (-1.11%)

17:20
02/21/18
02/21
17:20
02/21/18
17:20
Earnings
Breaking Earnings news story on Great Plains Energy »

Great Plains Energy…

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  • 22

    Feb

MIC

Macquarie Infrastructure

$63.62

-0.75 (-1.17%)

17:19
02/21/18
02/21
17:19
02/21/18
17:19
Hot Stocks
Breaking Hot Stocks news story on Macquarie Infrastructure »

Macquarie Infrastructure…

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  • 22

    Feb

MIC

Macquarie Infrastructure

$63.62

-0.75 (-1.17%)

17:19
02/21/18
02/21
17:19
02/21/18
17:19
Earnings
Macquarie Infrastructure reports Q4 EPS $4.13, may not compare to consensus 51c »

Reports Q4 revenue…

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  • 22

    Feb

CAKE

Cheesecake Factory

$46.22

0.61 (1.34%)

17:18
02/21/18
02/21
17:18
02/21/18
17:18
Earnings
Cheesecake Factory sees FY18 EPS $2.64-$2.80, consensus $2.73 »

Sees FY18 SSS up 0%-1%.…

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  • 21

    Feb

UTX

United Technologies

$129.26

2.8 (2.21%)

17:17
02/21/18
02/21
17:17
02/21/18
17:17
Hot Stocks
United Technologies awarded $2.5B U.S. Defense Department contract »

United Technologies…

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  • 21

    Feb

IAG

IAMGold

$5.86

0.07 (1.21%)

17:17
02/21/18
02/21
17:17
02/21/18
17:17
Hot Stocks
IAMGold sees 2018 attributable gold production 850K-900K oz. »

Sees 2018 CapEx $365M…

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  • 22

    Feb

CAKE

Cheesecake Factory

$46.22

0.61 (1.34%)

17:16
02/21/18
02/21
17:16
02/21/18
17:16
Earnings
Cheesecake Factory sees Q1 EPS 66c-70c, consensus 68c »

Sees Q1 SSS up 0.5%-1.5%.…

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  • 21

    Feb

P

Pandora

$4.87

-0.46 (-8.63%)

17:16
02/21/18
02/21
17:16
02/21/18
17:16
Hot Stocks
Breaking Hot Stocks news story on Pandora »

Pandora says Q4 mobile…

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    Mar

CLVS

Clovis

$54.93

1.22 (2.27%)

17:11
02/21/18
02/21
17:11
02/21/18
17:11
Hot Stocks
Clovis Oncology receives positive trend vote from CHMP for Rucaparib »

Clovis Oncology announced…

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