Breaking News Instant updates and real-time market news.

AVGO

Broadcom

$243.67

1.67 (0.69%)

, CA

CA Technologies

$33.94

0.28 (0.83%)

08:44
10/06/17
10/06
08:44
10/06/17
08:44

Nomura Instinet lays out potential takeover targets for Broadcom

With revenues this year on track to reach $17B, few opportunities in the semiconductor space exist that would move the needle for Broadcom Limited (AVGO), Nomura Instinet analyst Romit Shah tells investors in a research note. As a result, the analyst believes the company could be looking to acquire companies in peripheral spaces. Shah's analysis yields CA Technologies (CA), NetApp (NTAP), Juniper (JNPR), Garmin (GRMN), Trimble (TRMB), Akamai (AKAM), F5 Networks (FFIV), Ciena (CIEN) and EchoStar (SATS) as possible takeover targets. The analyst thinks Broadcom shares may continue to "languish" in the near term given uncertainty with the Brocade acquisition and iPhone supply constraints. Shah, however, remains optimistic in Broadcom's ability to generate $20-plus in earnings per share in the future. He keeps a Buy rating on the shares with a $275 price target.

AVGO

Broadcom

$243.67

1.67 (0.69%)

CA

CA Technologies

$33.94

0.28 (0.83%)

NTAP

NetApp

$44.55

0.09 (0.20%)

JNPR

Juniper

$28.45

-0.24 (-0.84%)

GRMN

Garmin

$54.79

0.02 (0.04%)

TRMB

Trimble

$40.63

-0.04 (-0.10%)

AKAM

Akamai

$50.78

0.28 (0.55%)

FFIV

F5 Networks

$120.10

0.75 (0.63%)

CIEN

Ciena

$22.22

0.12 (0.54%)

SATS

EchoStar

$56.44

-0.45 (-0.79%)

  • 06

    Oct

  • 18

    Oct

  • 19

    Oct

  • 22

    Oct

  • 24

    Oct

  • 25

    Oct

  • 01

    Nov

  • 01

    Nov

  • 07

    Nov

  • 16

    Nov

  • 07

    Dec

  • 11

    Dec

AVGO Broadcom
$243.67

1.67 (0.69%)

09/29/17
CHLM
09/29/17
NO CHANGE
Target $48
CHLM
Buy
Craig-Hallum says Xperi suit against Samsung disappointing, but likely priced in
Craig-Hallum analyst Richard Shannon called Xperi's (XPER) lawsuit against Samsung (SSNLF) "disappointing" and said hoping Samsung settles like it did with Broadcom (AVGO) is "wishful thinking." He removed Samsung revenues from his model for Xperi through 2018, but also said he thinks most of Samsung worries are baked into the stock at current levels. Shannon maintains his Buy rating and $48 price target on Xperi, which he still sees being in a strong position.
09/22/17
KEYB
09/22/17
NO CHANGE
KEYB
Broadcom, Skyworks still 'well represented' in iPhone 8, says KeyBanc
KeyBanc analyst John Vinh said the results of iFixit's teardown of Apple's (AAPL) newly available iPhone 8 were "largely in line" with his expectations. The number of Broadcom (AVGO) RF chips decreased to one from three, but he still anticipates RF content increased as the RF chip appears larger. Also, the Wi-Fi/Bluetooth module likely is using a Broadcom combo chip, he thinks. Skyworks (SWKS) also remains "well represented" in the new device, he added.
09/21/17
CHLM
09/21/17
NO CHANGE
CHLM
Customers waiting for Apple iPhone X with facial recognition, says Craig-Hallum
Craig-Hallum analyst Tony Stoss notes Apple (AAPL) suppliers sold off yesterday as order shipment dates for the iPhone 8/8 Plus remain relatively short for a new iPhone launch. The analyst thinks customers are waiting for the iPhone X with facial recognition. Stoss reiterates a Buy rating for Skyworks (SWKS), Broadcom (AVGO), Qorvo (QRVO), STMicroelectronics (STM), Cypress Semiconductor (CY), Knowles (KN) a Buy, and a Hold for Cirrus Logic (CRUS) and Synaptics (SYNA).
09/13/17
CHLM
09/13/17
NO CHANGE
CHLM
Iphone increasing band count positive for RF suppliers, says Craig-Hallum
Craig-Hallum analyst Tony Stoss notes that there are two new bands in the Apple (AAPL) iPhone 8/8 Plus /X in comparison to the iPhone 7. The analyst believes this is a positive for RF suppliers as increasing band count requires additional RF content per phone and believes total RF content is closer to $28 in the upcoming phones up from estimate of $26 for the iPhone 7. Stoss also believes RF suppliers are set up to benefit longer term as increasing band count, new technologies such as MIMO and CA will drive increased RF content per smartphone. The analyst reiterates a Buy rating on Skyworks (SWKS), Qorvo (QRVO) and Broadcom (AVGO).
CA CA Technologies
$33.94

0.28 (0.83%)

09/18/17
KEYB
09/18/17
INITIATION
KEYB
Sector Weight
CA Technologies resumed with a Sector Weight at KeyBanc
KeyBanc analyst Alex Kurtz resumed coverage of CA Technologies with a Sector Weight rating. The current valuation is near the high end of the historical range while declines in the legacy solutions business will likely remain a drag, the analyst contends.
06/21/17
EVER
06/21/17
NO CHANGE
Target $32
EVER
Underperform
CA reasonable fair value in go-private could be $34-$42/share, says Evercore ISI
After Bloomberg said BMC Software's private equity owners are considering a potential deal to take CA Technologies private and combine the companies, Evercore ISI analyst Kirk Materne said there would be some obvious synergies for their respective mainframe businesses, though "one has to question how much juice there is left to squeeze on that side of the business." In such a merger/go-private deal scenario, he believes $34-$42 per share could be viewed as a reasonable fair value for CA. Materne keeps an Underperform rating and $32 price target on CA shares, though he acknowledges that once such go-private stories emerge, stocks "tend to remain locked in a range with limited downside risk."
06/28/17
SBSH
06/28/17
NO CHANGE
Target $36
SBSH
Neutral
Citi sees 60% chance of CA buyout at $38 per share
Citi analyst Walter Pritchard believes the potential takeout of CA Technologies by privately held BMC has "significant strategic and financial merits." The analyst raised his price target for CA to $36 from $34, which factors in a 60% chance of an acquisition at $38 per share. He keeps a Neutral rating on CA.
06/28/17
BERN
06/28/17
NO CHANGE
BERN
Potential CA Technologies deal could face regulatory hurdle, says Bernstein
Bernstein analyst Mark L. Moerdler says that a potential acquisition of CA (CA) by BMC could be delayed and possibly blocked because the two companies are the largest and third largest IT Operations Management Mainframe Tools vendors, with a combined 52% of the market. The analyst says that a regulatory review of the transaction could cause "continuing disruption" of CA's business. He keeps a $28 price target and an Undeprerform rating on the stock.
NTAP NetApp
$44.55

0.09 (0.20%)

08/24/17
LOOP
08/24/17
INITIATION
Target $41
LOOP
Hold
NetApp initiated with a Hold at Loop Capital
Loop Capital analyst Ananda Baruah started NetApp with a Hold rating and $41 price target.
09/19/17
09/19/17
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. Gap (GPS) upgraded to Neutral from Underperform at Credit Suisse analyst Christian Buss saying his firm's brick-and-mortar real estate analysis indicates Gap is better positioned than he thought. 2. Michael Kors (KORS) upgraded to Outperform from Perform at Oppenheimer with analyst Anna Andreeva saying the turnaround in retail is just starting, while sentiment on the shares is "extremely negative." 3. McKesson (MCK) upgraded to Outperform from Neutral at Baird with analyst Eric Coldwell calling his rating change a "tactical/trading call" following the shares' material underperformance, both year-to-date and over the last twelve months. 4. NetApp (NTAP) upgraded to Buy from Neutral at UBS with analyst Steven Milunovich saying NetApp's product position is improved with a re-write of its storage software contributing to all-flash success. 5. Knight-Swift (KNX) resumed with a Buy from Neutral at Citi with analyst Christian Wetherbee saying the truck market recovery appears to be accelerating in the second half of 2017, and Knight-Swift is best levered to an improving truckload 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.
09/19/17
UBSW
09/19/17
UPGRADE
Target $45
UBSW
Buy
NetApp upgraded to Buy from Neutral at UBS
UBS analyst Steven Milunovich upgraded NetApp to Buy and raised his price target for the shares to $45 from $42. NetApp's product position is improved with a re-write of its storage software contributing to all-flash success, Milunovich tells investors in a research note. He believes improving product sales should reverse the decline in services revenue. The analyst views the stock's risk/reward as attractive at current levels.
10/04/17
JMPS
10/04/17
NO CHANGE
JMPS
Market Perform
NetApp to directly compete with Nutanix with new product, says JMP Securities
JMP Securities analyst Erik Suppiger noted NetApp (NTAP) announced at its Insight user conference a new product for the hyper-converged infrastructure market that will directly compete with Nutanix's (NTNX) flagship HCI product. After attending the company's Investor Summit at the event, he also noted NetApp is deepening its partnership with Microsoft (MSFT) to provide hyper-scale cloud storage. Suppiger maintains a Market Perform rating on NetApp, as he believes the shares are currently fairly valued.
JNPR Juniper
$28.45

-0.24 (-0.84%)

09/12/17
NEED
09/12/17
NO CHANGE
NEED
Gigamon outlook positive, shares could reach $55-$60, says Needham
After media outlets reported that Elliott Management's private equity arm had submitted a bid to acquire Gigamon (GIMO), Needham analyst Alex Henderson believes that there are "three likely outcomes" to the situation: Gigamon will be acquired by private equity firms for $50+; Gigamon becomes a takeover target for strategic players such as F5 (FFIV), Oracle (ORCL), HP (HPE), and Juniper (JNPR);, or the company reports strong Q3 and Q4 results and the stock rallies. The analyst says that the stock could reach $55-$60 if a bidding war materializes. He reiterates a $50 price target and a Buy rating on the shares.
07/21/17
RAJA
07/21/17
UPGRADE
Target $34
RAJA
Outperform
Juniper upgraded to Outperform from Market Perform at Raymond James
Raymond James analyst Simon Leopold upgraded Juniper to Outperform with a $34 price target based on favorable risk/reward and an underappreciated "pivot" in the business. Leopold believes new CTO Bikash Koley's previous experience at Google suggests he understands the cloud and hyper-scale and how web 2.0 companies think and aligns well with Juniper's forward looking strategy of "pivoting" towards the cloud, faster growth, and software. He believes Juniper's customer mix trends are sustainable in favor of the faster growing cloud market and notes Juniper has among the highest percent of sales from the cloud and highest dollar value at over 25% of sales.
07/10/17
BMOC
07/10/17
UPGRADE
BMOC
Outperform
Juniper upgraded to Outperform from Market Perform at BMO Capital
07/21/17
07/21/17
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. Capital One (COF) upgraded to Perform from Underperform at Oppenheimer with analyst Ben Chittenden saying the second quarter results point to signs of credit stabilization. 2. Juniper (JNPR) upgraded to Outperform from Market Perform at Raymond James with analyst Simon Leopold citing favorable risk/reward and an underappreciated "pivot" in the business. 3. CalAtlantic (CAA) upgraded to Outperform from Market Perform at JMP Securities with analyst Peter Martin saying he is increasingly optimistic that the stock can rise in 2018. 4. Total (TOT) upgraded to Buy from Hold at Canaccord. 5. SK Telecom (SKM) upgraded to Buy from Neutral at Goldman Sachs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
GRMN Garmin
$54.79

0.02 (0.04%)

07/19/17
LBOW
07/19/17
UPGRADE
LBOW
Buy
Garmin upgraded to Buy from Neutral at Longbow
05/04/17
JPMS
05/04/17
DOWNGRADE
Target $50
JPMS
Underweight
Garmin downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Paul Coster downgraded Garmin to Underweight citing valuation and less likelihood for upside surprises throughout the remainder of 2017 due to tough comparisons. This is not a call to short the stock as Garmin has downside protection with nearly $13 per share in cash and a 4% dividend, Coster tells investors in a research note. The analyst lowered his price target for the shares to $50 from $55.
07/19/17
LBOW
07/19/17
UPGRADE
LBOW
Buy
Garmin upgraded on 'bullish trends,' valuation, at Longbow
As noted earlier, Longbow analyst Joe Wittine upgraded Garmin to Buy from Neutral. He upgraded the stock based on valuation and his belief that the company will be boosted by "bullish trends" in its "Outdoor, Aviation, and Marine segments." Target $60. :
05/04/17
05/04/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Garmin (GRMN) downgraded to Underweight from Neutral at JPMorgan with analyst Paul Coster citing valuation and less likelihood for upside surprises throughout the remainder of 2017 due to tough comparisons. The analyst lowered his price target for the shares to $50 from $55. 2. Square (SQ) downgraded to Neutral from Buy at Guggenheim with the firm citing valuation and maintained a $20 price target on shares. 3. Tractor Supply (TSCO) downgraded to Perform from Outperform at Oppenheimer with analyst Brian Nagel citing concerns about the company's "modest" earnings growth could drive multiple contraction. The analyst thinks a guidance cut is likely when Tractor reports second quarter results in July. 4. Molson Coors (TAP) downgraded to Hold from Buy at Societe Generale with analyst Andrew Holland saying investments will impact margins. 5. MEDNAX (MD) downgraded two notches to Underperform from Buy at BofA/Merrill with the firm's analyst citing concerns cost pressures and worsening top line trends. The analyst lowered its price target to $57 from $75. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
TRMB Trimble
$40.63

-0.04 (-0.10%)

08/23/17
08/23/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on the today's top five analyst initiations with this list compiled by The Fly: 1. HP Inc (HPQ) initiated with a Buy and HP Enterprise (HPE) initiated with a Hold at Loop Capital. 2. PTC (PTC), Autodesk (ADSK), ASpen Technology (AZPN) and SAP (SAP) initiated with Buy ratings and Trimble (TRMB) and ANSYS (ANSS) initiated with Hold ratings at Berenberg. 3. AveXis (AVXS) initiated with an Outperform at William Blair. 4. LivaNova (LIVN) initiated with a Hold at Needham. 5. Advanced Energy (AEIS) initiated with a Hold at Stifel. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/28/17
04/28/17
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. Western Digital (WDC) upgraded to Overweight on NAND strength at Morgan Stanley with analyst Wamsi Mohan citing better industry trends in both hard disk drives and memory. 2. Check Point (CHKP) upgraded to Equal Weight from Underweight at Barclays with analyst Saket Kalia saying accelerating billings growth in the double digits suggests the company's market position is strengthening. 3. Align Technology (ALGN) upgraded to Outperform from Neutral at Baird with analyst Jeff Johnson citing its many growth levers and many data points suggesting a new level of acceptance for clear aligner therapy. Johnson said the company's revenue acceleration feels like it has staying power, suggesting the stock could trade in historical ranges reserved for preeminent medtech growers. Johnson raised his price target to $155 from $105 on Align Technology shares. 4. Trimble (TRMB) upgraded to Buy from Neutral at Dougherty with analyst Jon Fisher citing the inflection in revenue, earnings beat, and second quarter outlook for growth. 5. United Rentals (URI) upgraded to Buy from Neutral at BofA/Merrill with analyst Ross Gilardi saying pieces are in place for a seasonal rate improvement. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/03/17
CHLM
08/03/17
NO CHANGE
Target $36
CHLM
Hold
Trimble price target raised to $36 from $30 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised his price target for Trimble to $36 from $30 following "solid" results and guidance on industrial end-market strength. The analyst reiterates a Hold rating on the shares.
08/23/17
BREN
08/23/17
INITIATION
Target $38
BREN
Hold
Trimble initiated with a Hold at Berenberg
Berenberg analyst Gal Munda initiated Trimble with a Hold and a $38 price target citing fair valuation.
AKAM Akamai
$50.78

0.28 (0.55%)

09/26/17
JMPS
09/26/17
NO CHANGE
Target $64
JMPS
Outperform
Sentiment on Akamai has turned too negative, says JMP Securities
JMP Securities analyst Greg McDowell believes investor sentiment has turned too negative on Akamai (AKAM), as he believes the company still has a solid business and its future potential with OTT and security remain underappreciated. Widespread OTT adoption is nearer than investors think and Disney's (DIS) recent BAMTech deal and upcoming ESPN OTT launch could help Akamai stabilize or even grow media revenue, he tells investors. McDowell keeps an Outperform rating and $64 price target on Akamai shares.
10/02/17
GUGG
10/02/17
UPGRADE
Target $54
GUGG
Buy
Akamai upgraded to Buy from Neutral at Guggenheim
Guggenheim analyst Robert Gutman upgraded Akamai citing valuation and raised its price target to $54 from $53.
10/02/17
10/02/17
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. Akamai (AKAM) upgraded to Buy from Neutral at Guggenheim with analyst Robert Gutman citing valuation and raised its price target to $54 from $53. 2. Generac (GNRC) upgraded to Overweight from Sector Weight at KeyBanc with analyst Jeffrey Hammond saying the company is positioned to "meaningfully" re-accelerate growth and beat earnings expectations over the next 12-18 months. 3. Abercrombie & Fitch (ANF) upgraded to Hold from Sell at Argus with analysts John Eade and Annie Petrino saying new management is beginning to turn the operations around and shares have fallen to fallen for the past five years. 4. eGain (EGAN) upgraded to Buy from Hold at Craig-Hallum with analyst Jeff Van Rhee citing forward momentum building and compelling valuation. 5. AbbVie (ABBV) upgraded to Outperform from Market Perform at Leerink with analyst Geoffrey Porges saying he believes that there is still further upside as medium-and long-term estimates increase, and the company's multiple re-rates toward biopharmaceutical peers. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/05/17
NOMU
10/05/17
NO CHANGE
Target $47
NOMU
Neutral
Nomura 'comfortable' with below consensus Akamai estimates
Nomura Instinet analyst Jeffrey Kvaal says he's "comfortable" with his estimates for Akamai Technologies (AKAM) being below the consensus. The analyst is concerned about the trajectory of Akamai's media business, specifically its revenue from Amazon (AMZN), which represents 2% of its total revenue. Amazon may take content delivery network traffic in-house, possibly in the near term, Kvaal tells investors in a research note. He views Amazon as a likely do-it-yourself candidate given its scale and existing CDN platform, CloudFront. Kvaal has a Neutral rating on Akamai with a $47 price target.
FFIV F5 Networks
$120.10

0.75 (0.63%)

07/27/17
07/27/17
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. AstraZeneca (AZN) downgraded to Market Perform from Outperform at Leerink with analyst Seamus Fernandez citing the company's "continued reliance on externalization profits and deteriorating earnings quality." 2. F5 Networks (FFIV) was downgraded to Market Perform from Outperform at Wells Fargo and to Perform from Outperform at Oppenheimer. 3. UMC (UMC) was downgraded to Underperform from Neutral at Credit Suisse and to Underperform from Market Perform at Bernstein. 4. U.S. Steel (X) and AK Steel (AKS) were downgraded to Neutral from Buy at Longbow. 5. Dean Foods (DF) downgraded to Underperform from Market Perform at Bernstein with analyst Alexia Howard saying she believes that retailers are increasingly using cheap, private label milk in order to compete with low price competitors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/03/17
DBAB
10/03/17
NO CHANGE
Target $90
DBAB
Sell
F5 Networks price target lowered to $90 from $100 at Deutsche Bank
Deutsche Bank analyst Vijay Bhagavath lowered his price target for F5 Networks to $90 and reiterates a Sell rating on the shares. Research with the enterprise, cloud, and service provider channels indicate weaker than anticipated demand for the company's Layer 4-7 appliance refresh, Bhagavath tells investors in a research note. The analyst expects September quarter earnings per share of $2.12, below the consensus estimate of $2.21.
10/02/17
STPT
10/02/17
INITIATION
Target $160
STPT
F5 Networks initiated with an Accumulate at Standpoint Research
Standpoint initiated F5 Networks with an Accumulate and $160 price target.
CIEN Ciena
$22.22

0.12 (0.54%)

09/26/17
STFL
09/26/17
NO CHANGE
Target $30
STFL
Buy
Ciena near-term estimates lowered at Stifel
Stifel analyst Patrick Newton lowered his estimates for Ciena in the first half of FY18, citing his expectation for Q1 to be more seasonal than usual due to a continuation in Federal and regional North American service provider headwinds. However, he maintains his Buy rating and $30 price target on Ciena shares, as he considers the headwinds to be temporary and views the company as well positioned to continue taking share.
09/20/17
NOMU
09/20/17
NO CHANGE
Target $28
NOMU
Buy
Ciena FY18 growth more back-half weighted, says Nomura Instinet
Nomura Instinet analyst Jeffrey Kvaal believes management commentary at recent conferences signals Ciena's growth for fiscal year 2018 is likely to be more back-half weighted than consensus expects. The stock's multiple, near a five year low, likely reflects some of this, though, Kvaal tells investors in a research note. He lowered his estimates for Q1 "meaningfully," but notes a stronger second half of the year limits the impact on his below-consensus FY18 earnings estimate. The analyst keeps a Buy rating on Ciena with a $28 price target.
09/01/17
NEED
09/01/17
NO CHANGE
Target $31
NEED
Buy
Needham 'not even slightly concerned' about Ciena Q4 guidance
Needham analyst Alex Henderson said he is "not even slightly concerned" by Ciena's weaker than expected guidance for the current quarter, stating that government projects that were held up due to a lack of funding, which were attributed as causing the bulk of the miss, are still going to get done. Two critical trends in the just-finished quarter - the fact that Ciena had another strong quarter in India and that it clearly took share in the Web 2.0 sector - build confidence, according to Henderson, who keeps a Buy rating and $31 price target on Ciena.
09/01/17
UBSW
09/01/17
NO CHANGE
Target $29
UBSW
Buy
Ciena shares oversold following pullback, says UBS
UBS analyst Tejas Venkatesh noted Ciena posted a slight beat for Q3 but the stock traded lower following the report and the company's guidance. The analyst feels the pullback is overdone as he believes it is still a mid- to high-single digit revenue growth story. He noted the weaker than expected outlook was attributed to federal weakness, but he said it appears to be a budgeting issue and not a loss of market share. Venkatesh maintained his Buy rating and lowered his price target to $29 from $31 on Ciena shares.
SATS EchoStar
$56.44

-0.45 (-0.79%)

08/10/17
WELS
08/10/17
NO CHANGE
WELS
EchoStar weakness creates buying opportunity, says Wells Fargo
Wells Fargo believes that EchoStar (SATS) reported "solid" Q2 results. The firm blames the 5.2% decline in the stock on "pressure caused by the transition at Dish to a retail model" and ViaSat's (VSAT) Q1 miss. However, Wells says that "underlying industry demand remains reasonably healthy," and it expects the sector's subscription growth to accelerate in coming months. It thinks that the sell-off in EchoStar has created a buying opportunity.
02/23/17
FBRC
02/23/17
NO CHANGE
Target $44
FBRC
Underperform
DISH buildout plan suggests lack of takeover interest, says FBR Capital
FBR Capital analyst David Dixon believes DISH's (DISH) network build plans suggest a lack of interest from potential buyers. The lack of a takeover suitor is the main driver behind DISH's decision to swap assets with EchoStar (SATS), Dixon tells investors in a post-earnings research note. He notes that to DISH bulls, Verizon (VZ) is the most logical buyer. The analyst, however, sees Verizon leaning towards a cable or content deal over time. Verizon's larger strategic threat is cable, not lack of spectrum, Dixon argues. He also believes a Sprint (S) and T-Mobile (TMUS) would remove a potential buyer for DISH spectrum. The analyst keeps an Underperform rating on DISH shares with a $44 price target.
09/08/17
JEFF
09/08/17
INITIATION
Target $65
JEFF
Hold
EchoStar initiated with a Hold at Jefferies
Jefferies analyst Giles Thorne started EchoStar with a Hold rating and $65 price target.

TODAY'S FREE FLY STORIES

SPY

SPDR S&P 500 ETF Trust

$255.64

-0.08 (-0.03%)

, SPX

S&P 500

16:06
10/19/17
10/19
16:06
10/19/17
16:06
Periodicals
Trump said to lean toward Powell to head Federal Reserve, Politico says »

After President Donald…

SPY

SPDR S&P 500 ETF Trust

$255.64

-0.08 (-0.03%)

SPX

S&P 500

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

See Street Research during your Free Trial

MXIM

Maxim Integrated

$50.09

0.24 (0.48%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Hot Stocks
Breaking Hot Stocks news story on Maxim Integrated »

Maxim Integrated reports…

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

See Street Research during your Free Trial

  • 19

    Oct

HA

Hawaiian Holdings

$40.05

-0.1 (-0.25%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Hot Stocks
Hawaiian Holdings sees FY17 ASMs up 3%-4% »

Sees FY17 operating…

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

See Street Research during your Free Trial

  • 19

    Oct

MXIM

Maxim Integrated

$50.12

0.26 (0.52%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Earnings
Maxim Integrated reports Q1 adjusted EPS 60c, consensus 56c »

Reports Q1 revenue $576M,…

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

See Street Research during your Free Trial

  • 19

    Oct

CAI

CAI International

$31.31

-0.12 (-0.38%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Earnings
CAI International reports Q3 EPS 90c, consensus 70c »

Reports Q3 revenue…

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

See Street Research during your Free Trial

  • 19

    Oct

ATHN

athenahealth

$116.41

-4.37 (-3.62%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Earnings
athenahealth reports Q3 EPS 56c, consensus 50c »

Reports Q3 revenue…

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

See Street Research during your Free Trial

  • 20

    Oct

CVTI

Covenant Transportation

$27.76

1.16 (4.36%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Hot Stocks
Covenant Transportation sees strong freight demand and tight trucking capacity »

Covenant CEO David Parker…

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

See Street Research during your Free Trial

HA

Hawaiian Holdings

$40.05

-0.1 (-0.25%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Hot Stocks
Hawaiian Holdings sees Q4 operating revenue per ASM down 1% to up 2% »

Sees Q4 cost per ASM…

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

See Street Research during your Free Trial

  • 19

    Oct

PBCT

People's United

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
People's United reports Q3 EPS 26c, consensus 25c »

Net interest margin…

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

See Street Research during your Free Trial

  • 19

    Oct

HA

Hawaiian Holdings

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
Hawaiian Holdings reports Q3 adjusted EPS , consensus $1.85 »

Reports Q3 revenue…

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

See Street Research during your Free Trial

  • 19

    Oct

CVTI

Covenant Transportation

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
Covenant Transportation reports Q3 EPS 25, consensus 17c »

Reports Q3 revenue…

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

See Street Research during your Free Trial

ASRV

Ameriserve Financial

16:01
10/19/17
10/19
16:01
10/19/17
16:01
Hot Stocks
Ameriserve Financial Bank, USW announces new labor contract »

AmeriServ Financial Bank…

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

See Street Research during your Free Trial

DGICA

Donegal Group

$16.49

0.04 (0.24%)

16:01
10/19/17
10/19
16:01
10/19/17
16:01
Hot Stocks
Donegal Group CEO takes medical leave of absence »

Donegal Mutual Insurance…

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

See Street Research during your Free Trial

  • 30

    Oct

UNP

Union Pacific

$111.94

1.56 (1.41%)

15:50
10/19/17
10/19
15:50
10/19/17
15:50
Options
Union Pacific calls see another day of extraordinary volume »

Union Pacific calls see…

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

See Street Research during your Free Trial

  • 26

    Oct

SRC

Spirit Realty

$8.08

-0.39 (-4.60%)

15:49
10/19/17
10/19
15:49
10/19/17
15:49
Hot Stocks
Spirit Realty weakness attributed to report of Sun Capital seeking Shopko buyer »

The weakness in shares of…

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

See Street Research during your Free Trial

  • 02

    Nov

FTR

Frontier Communications

15:45
10/19/17
10/19
15:45
10/19/17
15:45
Options
Frontier Communications call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

  • 31

    Oct

CZFC

Citizens First

15:42
10/19/17
10/19
15:42
10/19/17
15:42
Hot Stocks
Citizens First raises semiannual dividend 25% to 10c per share »

On October 19, the Board…

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

See Street Research during your Free Trial

SKX

Skechers

$24.15

-0.955 (-3.80%)

15:34
10/19/17
10/19
15:34
10/19/17
15:34
Options
Skechers options imply 14.4% 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

See Street Research during your Free Trial

  • 19

    Oct

BCS

Barclays

$10.16

0.01 (0.10%)

15:31
10/19/17
10/19
15:31
10/19/17
15:31
Periodicals
Barclays being sued for $850M for copper market abuse, Bloomberg reports »

Red Kite Management is…

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

See Street Research during your Free Trial

  • 22

    Oct

  • 23

    Oct

GE

General Electric

$23.72

0.595 (2.57%)

15:30
10/19/17
10/19
15:30
10/19/17
15:30
Options
100K GE Oct 27th 21.5 puts trade ahead of earnings »

100K GE Oct 27th 21.5…

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

See Street Research during your Free Trial

  • 20

    Oct

GE

General Electric

$23.72

0.595 (2.57%)

15:29
10/19/17
10/19
15:29
10/19/17
15:29
Technical Analysis
Technical Earnings Preview: General Electric in well-defined downtrend »

Shares have been in a…

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

See Street Research during your Free Trial

  • 20

    Oct

WFBI

WashingtonFirst

$36.23

-0.25 (-0.69%)

15:28
10/19/17
10/19
15:28
10/19/17
15:28
Earnings
WashingtonFirst reports Q3 core EPS 43c, consensus 41c »

WashingtonFirst President…

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

See Street Research during your Free Trial

AMZN

Amazon.com

$997.00

-12.13 (-1.20%)

15:25
10/19/17
10/19
15:25
10/19/17
15:25
Hot Stocks
Analysis of buyer shopping patterns shows Amazon Prime has 90M members »

Consumer Intelligence…

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

See Street Research during your Free Trial

  • 22

    Oct

  • 26

    Oct

  • 18

    Mar

PLUG

Plug Power

$2.55

-0.12 (-4.49%)

15:23
10/19/17
10/19
15:23
10/19/17
15:23
Conference/Events
Plug Power to host special shareholder meeting »

Special Shareholder…

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

See Street Research during your Free Trial

  • 16

    Nov

HON

Honeywell

$143.65

0.21 (0.15%)

15:21
10/19/17
10/19
15:21
10/19/17
15:21
Technical Analysis
Technical Earnings Preview: Honeywell in bullish channel ahead of earnings »

The stock has been in a…

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

See Street Research during your Free Trial

  • 20

    Oct

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.