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GDDY

GoDaddy

$43.84

0.23 (0.53%)

, GDOT

Green Dot

$53.78

1.5675 (3.00%)

10:09
10/06/17
10/06
10:09
10/06/17
10:09

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GoDaddy (GDDY) initiated with an Outperform at William Blair. 2. Green Dot (GDOT) initiated with a Buy at Craig-Hallum. 3. Abbott (ABT) reinstated with a Neutral at JPMorgan. 4. Caesars (CZR) initiated with a Neutral at Nomura Instinet. 5. Tech Data (TECD) initiated with a Buy at Pivotal Research. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

GDDY

GoDaddy

$43.84

0.23 (0.53%)

GDOT

Green Dot

$53.78

1.5675 (3.00%)

ABT

Abbott

$54.69

-0.23 (-0.42%)

CZR

Caesars

$13.10

-0.3 (-2.24%)

TECD

Tech Data

$91.44

-0.43 (-0.47%)

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    Oct

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    Oct

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    Nov

  • 29

    Nov

GDDY GoDaddy
$43.84

0.23 (0.53%)

08/25/17
08/25/17
NO CHANGE
Target $55

Buy
Jefferies names GoDaddy a top mid-cap pick, starts at Buy
As previously reported, Jefferies analyst Brent Thill initiated GoDaddy with a Buy rating in a note to investors after the market close yesterday, calling the stock "a rare, underappreciated mid-cap story" with the "trifecta" of consistent performance, strong cash flow generation, and a "compelling" valuation. He set a $55 price target on GoDaday shares.
08/25/17
08/25/17
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. Walgreens Boots Alliance (WBA) initiated with a Buy and CVS Health (CVS) and Fred's (FRED) initiated with a Hold at Loop Capital. 2. Adobe (ADBE), Intuit (INTU), GoDaddy (GDDY) initiated with a Buy at Jefferies, while Mindbody (MB) was initiated with a Hold. 3. New Oriental Education (EDU), Bright Scholar (BEDU) and TAL Education (TAL) initiated with Overweight ratings at Morgan Stanley. 4. WellCare (WCG) coverage assumed with an Overweight at Cantor. 5. Dollar Tree (DLTR) and Dollar General (DG) reinstated with Buy ratings at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/24/17
JEFF
08/24/17
INITIATION
JEFF
Buy
GoDaddy initiated with a Buy at Jefferies
Jefferies analyst Brent Thill initiated GoDaddy with a Buy and a $55 price target.
10/05/17
WBLR
10/05/17
INITIATION
WBLR
Outperform
GoDaddy initiated with an Outperform at William Blair
William Blair analyst Matthew Pfau initiated GoDaddy with an Outperform rating.
GDOT Green Dot
$53.78

1.5675 (3.00%)

08/09/17
LSCM
08/09/17
UPGRADE
Target $44
LSCM
Buy
Green Dot upgraded to Buy from Hold at Lake Street
Lake Street analyst Josh Elving upgraded Green Dot to Buy and raised his price target for the shares to $44 from $41. Following the "strong" Q2 results, the analyst sees a optimistic outlook for a return to organic card growth coupled with greater load trends. William Blair this morning also upgraded Green Dot.
09/18/17
SBSH
09/18/17
NO CHANGE
Target $54
SBSH
Buy
Green Dot price target raised to $54 from $48 at Citi
Citi analyst Ashwin Shirvaikar raised his price target for Green Dot to $54 saying he's staying Buy-rated on the shares despite the 99% year-to-date rally. The analyst sees stabilization of the prepaid card portfolio and the company's plans to better utilize Green Dot Bank as positives.
09/20/17
RHCO
09/20/17
NO CHANGE
RHCO
Green Dot price target raised to $60 from $50 at SunTrust
SunTrust analyst Andrew W. Jeffrey, raised his price target on Green Dot after traveling with the company's management. The analyst says that the company's new products have increased its total available market, yield and EBITDA margin outlook. He keeps a Buy rating on the shares.
10/05/17
CHLM
10/05/17
INITIATION
Target $70
CHLM
Buy
Green Dot initiated with a Buy at Craig-Hallum
Craig-Hallum analyst Bradley Berning initiated Green Dot with a Buy rating and $70 price target, noting that consumers are more comfortable opening digital accounts, as well as opening bank accounts with non-traditional providers, and saying he believes Green Dot trades at a 50% discount to its peers.
ABT Abbott
$54.69

-0.23 (-0.42%)

09/29/17
LEER
09/29/17
NO CHANGE
Target $57
LEER
Outperform
Dexcom shares oversold after dropping 33%, says Leerink
Leerink analyst Danielle Antalffy says her analysis confirms shares of Dexcom (DXCM) are oversold after yesterday's 33% pullback. Pricing pressure following Abbott's (ABT) continuous glucose monitor could be less bad than feared, Antalffy tells investors in a research note. She believes payers assign at least some incremental value to Dexcom's alerts/alarms and the ability to prevent catastrophic hypoglycemic events. It's possible, if not likely, that payers continue to pay for Dexcom sensors at current $10 per day levels, the analyst contends. She believes the stock at current levels provides an attractive entry point. Antalffy lowered her price target for Dexcom to $57 from $85 and keeps an Outperform rating on the name.
10/02/17
BMOC
10/02/17
NO CHANGE
BMOC
Dexcom expected to remain significant player in diabetes, says BMO Capital
After BMO Capital conducted a survey of 27 doctors, Joanne Wuensch, an analyst at the firm, says the data indicates that "DexCom's (DXCM) CGM devices should have their place in the diabetes treatment paradigm" following the FDA's approval of Abbott's (ABT) competing Libre product. Specifically, the survey shows that overall CGM prescriptions will increase, while DexCom will maintain a 34% share of type 1 CGM allocations and a 25% share of type 2 allocations, according to Wuensch, The analyst expects DexCom's revenue to rise 23% next year and 18% in 2019. She keeps an Outperform rating on the stock.
10/06/17
JPMS
10/06/17
INITIATION
Target $60
JPMS
Neutral
Abbott reinstated with a Neutral at JPMorgan
JPMorgan analyst Michael Weinstein reinstated Abbott Laboratories with a Neutral rating and $60 price target. The analyst views the company as a 5.0% organic sales grower with the ability to deliver low double-digit earnings growth in 2018-2019 on acquisition synergies and deleveraging.
09/28/17
WBLR
09/28/17
NO CHANGE
WBLR
Outperform
William Blair sees Dexcom retaining advantage over Abbott
William Blair analyst Margaret Kaczor says that while she didn't think Abbott's (ABT) Libre Flash Glucose Monitoring device would receive a dosing claim given the product's "inferior accuracy," Libre still lacks DexCom's (DXCM) alerts and alarms that proactively protect the patient from glycemic excursions. Libre's dosing may shift the competitive dynamic "modestly in Abbott's favor versus Street expectations," but more importantly, its approval should be market expansive as it creates a new type of glucose monitoring category in the United States, Kaczor tells investors in a research note. The analyst believes DexCom will retain a "material technological and brand advantage." Further, the company has a "rich product pipeline" including its own 10-day G6 sensor that is nearing approval, the analyst adds. She keeps an Outperform rating on Dexcom. Kaczor thinks the stock, at last night's price between $55 and $56, adequately prices in risk of share loss in the category. Dexcom in premarket trading is down 29% to $47.93.
CZR Caesars
$13.10

-0.3 (-2.24%)

10/06/17
NOMU
10/06/17
INITIATION
Target $14
NOMU
Neutral
Caesars initiated with a Neutral at Nomura Instinet
Nomura Instinet analyst Brian Dobson started Caesars Entertainment with a Neutral rating and $14 price target. The analyst believes the company's growth catalysts are largely discounted in the shares.
07/19/17
07/19/17
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. Tyson Foods (TSN) reinstated with a Neutral at Credit Suisse. 2. Bob Evans (BOBE) initiated with a Buy at Berenberg. 3. Quanex (NX) coverage assumed with an Outperform at Wedbush. 4. Agile Therapeutics (AGRX) initiated with a Buy at H.C. Wainwright. 5. Caesars (CZR) re-initiated with an Outperform at Imperial Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/21/17
WOLF
07/21/17
INITIATION
Target $16
WOLF
Outperform
Caesars initiated with an Outperform at Wolfe Research
Wolfe initiated Caesars with an Outperform and a $16 price target.
09/15/17
RHCO
09/15/17
INITIATION
Target $14
RHCO
Buy
Caesars initiated with a Buy at SunTrust
SunTrust analyst Patrick Scholes initiated Caesars with a Buy and a $14 price target given his positive view on regional gaming and Vegas strip fundamentals: Scholes believes US gaming is a consolidating industry and Caesars could emerge as a leading consolidator and also purse sale-leaseback opportunities.
TECD Tech Data
$91.44

-0.43 (-0.47%)

10/06/17
PIVT
10/06/17
INITIATION
Target $114
PIVT
Buy
Tech Data initiated with a Buy at Pivotal Research
Pivotal Research analyst Lou Miscioscia initiated Tech Data with a Buy and $114 price target. The analyst believes Tech Data is poised for improving results following the July quarter miss and given the multi-year low valuation, and massive accretion of the ramping TS business, deserves a Buy rating.
09/18/17
NEED
09/18/17
INITIATION
NEED
Buy
Tech Data coverage assumed with a Buy at Needham
Needham analyst Sean Hannan assumed coverage of Tech Data with a $100 price target and a Buy rating. The analyst blames the company's "disappointing" Q2 results and guidance primarily on short-term issues. He calls the company " a leading global technology distributor that offers 1-stop shopping for its large customer base" and believes that it can benefit from a number of tech trends, including the cloud and security. Hannan identifies the stock as his top pick in the reseller/distributor space.
09/05/17
NRCS
09/05/17
UPGRADE
NRCS
Buy
Tech Data upgraded to Buy from Neutral at Northcoast
09/01/17
BOFA
09/01/17
NO CHANGE
BOFA
Tech Data shares should rebound, says BofA/Merrill
After Tech Data's reported Q2 EPS that missed expectations due to lower than expected margins and the shares fell 20% after hours,BofA/Merrill analyst Param Singh blames the miss on "lower profits from a high margin rebate program, currency-related costs in its components business and increased competitive pressure. " Singh expects the component business issue to disappear by the end of this year and predicts that the rebate pressure will ease by the end of 2017. The analyst expects the stock to rebound from the after hours level and keeps a Buy rating on the shares.

TODAY'S FREE FLY STORIES

UNP

Union Pacific

$111.94

1.56 (1.41%)

15:50
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10/19
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  • 26

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SRC

Spirit Realty

$8.08

-0.39 (-4.60%)

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  • 02

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FTR

Frontier Communications

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

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  • 31

    Oct

CZFC

Citizens First

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

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SKX

Skechers

$24.15

-0.955 (-3.80%)

15:34
10/19/17
10/19
15:34
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15:34
Options
Skechers options imply 14.4% move in share price post-earnings, above median historical move »

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  • 19

    Oct

BCS

Barclays

$10.16

0.01 (0.10%)

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

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  • 22

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    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…

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  • 20

    Oct

GE

General Electric

$23.72

0.595 (2.57%)

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

Shares have been in a…

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  • 20

    Oct

WFBI

WashingtonFirst

$36.23

-0.25 (-0.69%)

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

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AMZN

Amazon.com

$997.00

-12.13 (-1.20%)

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

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  • 22

    Oct

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  • 18

    Mar

PLUG

Plug Power

$2.55

-0.12 (-4.49%)

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

Special Shareholder…

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  • 16

    Nov

HON

Honeywell

$143.65

0.21 (0.15%)

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

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  • 20

    Oct

ETFC

E-Trade

$43.92

0.14 (0.32%)

15:19
10/19/17
10/19
15:19
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15:19
Options
E Trade options imply 4.5% move in share price post-earnings, above median historical move »

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  • 19

    Oct

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  • 07

    Nov

$NSD

NASDAQ Market Internals

15:17
10/19/17
10/19
15:17
10/19/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

15:16
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Technical Analysis
NYSE market internals summary »

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AAPL

Apple

$159.76

-0.71 (-0.44%)

, HNHPF

Hon Hai Precision

$7.49

0.412 (5.82%)

15:12
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Hot Stocks
Apple drags on Nasdaq after report of reduced iPhone 8 orders »

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AAPL

Apple

$159.76

-0.71 (-0.44%)

HNHPF

Hon Hai Precision

$7.49

0.412 (5.82%)

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  • 22

    Oct

  • 02

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ISRG

Intuitive Surgical

$354.37

-0.63 (-0.18%)

15:04
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Options
Intuitive Surgical options imply 5.6% move in share price post-earnings, above median historical move »

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  • 19

    Oct

BCS

Barclays

15:03
10/19/17
10/19
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15:03
Periodicals
Breaking Periodicals news story on Barclays »

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  • 22

    Oct

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    Oct

DB

Deutsche Bank

$16.88

-0.015 (-0.09%)

15:02
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Apex Group, Genstar announce acquisition of Deutsche Bank AFS business »

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  • 22

    Oct

PG

Procter & Gamble

$91.50

-0.5804 (-0.63%)

15:01
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Technical Analysis
Technical Earnings Preview: Procter & Gamble in uptrend before news »

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  • 20

    Oct

14:55
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10/19
14:55
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General news
Trump already met with Yellen today »

Trump already met with…

AMZN

Amazon.com

$997.00

-12.13 (-1.20%)

14:53
10/19/17
10/19
14:53
10/19/17
14:53
Periodicals
Small grocers team up with Amazon to increase sales, Handelsblatt Global says »

Small German grocery…

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Citigroup
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  • 22

    Oct

  • 26

    Oct

  • 18

    Mar

AAPL

Apple

$159.76

-0.71 (-0.44%)

14:50
10/19/17
10/19
14:50
10/19/17
14:50
Options
Apple implied volatility reaches 52-week highs »

Apple implied volatility…

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03/06/13
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  • 22

    Oct

  • 02

    Nov

PYPL

PayPal

$67.26

0.59 (0.88%)

14:49
10/19/17
10/19
14:49
10/19/17
14:49
Options
PayPal options imply 6.5% move in share price post-earnings, above median historical move »

Pre-earnings options…

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Wedge Partners
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Credit Suisse
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Citigroup
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  • 19

    Oct

  • 19

    Oct

  • 22

    Oct

  • 29

    Nov

NBR

Nabors Industries

$6.75

-0.325 (-4.60%)

14:45
10/19/17
10/19
14:45
10/19/17
14:45
Options
Nabors Industries call volume above normal and directionally bullish »

Bullish option flow…

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Wedge Partners
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Credit Suisse
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Citigroup
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  • 25

    Oct

  • 15

    May

  • 16

    May

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