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DIS

Disney

$98.55

-1.03 (-1.03%)

, SNE

Sony

$36.62

-0.09 (-0.25%)

07:30
10/12/17
10/12
07:30
10/12/17
07:30

Disney, partners announce launch of 'Movies Anywhere' service in U.S.

"Movies Anywhere" launches in the U.S. with five Hollywood studios and four "major digital retailers" on board, the companies involved announced. The service features films from Sony Pictures Entertainment (SNE), Walt Disney Studios (DIS), Twentieth Century Fox Film (FOXA), Universal Pictures (CMCSA) and Warner Bros. Entertainment (TWX) purchased or redeemed through digital retailers Amazon Video (AMZN), Google Play (GOOGL), iTunes (AAPL) and Vudu (WMT). "Using the free Movies Anywhere app and website, consumers can access all their eligible movies by connecting their Movies Anywhere account with their participating digital retailer accounts...Movies Anywhere initially features access to a library of over 7,300 digital movies, along with fresh previews and film extras from the studios...Movies Anywhere is welcoming new users with a limited-time offer to receive up to five digital movies," the companies stated. Reference Link

DIS

Disney

$98.55

-1.03 (-1.03%)

SNE

Sony

$36.62

-0.09 (-0.25%)

FOX

21st Century Fox

$25.48

-0.67 (-2.56%)

FOXA

21st Century Fox

$26.11

-0.66 (-2.47%)

CMCSA

Comcast

$37.42

-0.27 (-0.72%)

CMCSK

Comcast

TWX

Time Warner

$103.38

0.03 (0.03%)

AMZN

Amazon.com

$995.00

7.8 (0.79%)

GOOG

Alphabet

$989.25

16.65 (1.71%)

GOOGL

Alphabet Class A

$1,005.65

17.85 (1.81%)

AAPL

Apple

$156.55

0.65 (0.42%)

WMT

Wal-Mart

$85.73

1.6 (1.90%)

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DIS Disney
$98.55

-1.03 (-1.03%)

10/12/17
GUGG
10/12/17
DOWNGRADE
GUGG
Neutral
Disney downgraded to Neutral from Buy at Guggenheim
10/09/17
10/09/17
UPGRADE
Target $125

Top Pick
Disney upgraded to Top Pick on improved visibility at RBC Capital
As previously reported, RBC Capital upgraded Disney to Top Pick from Outperform, with analyst Steven Cahall saying he thinks the company has reached a turning point with ESPN approaching less than 20% of earnings and "non-Media" Disney remaining a global leader in content that is executing well. At a time when investors are worried about ad and affiliate trends, Disney is "the least media stock in the media sector" and its non-Media earnings and direct-to-consumer approach give the stock potential for a rerating, Cahall tells investors. The analyst, who trimmed his FY18 and FY19 earnings estimates for Disney, lowered his price target on the stock to $125 from $130.
10/09/17
10/09/17
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. Johnson & Johnson (JNJ) upgraded to Outperform from Market Perform at Wells Fargo with analyst Larry Biegelsen saying J&J is poised to reaccelerate its sales growth due to accretion from the Actelion acquisition, a "more measured" than expected impact from biosimilar competition, "solid performance" of key drugs and a pipeline that is "coming to fruition." 2. Morgan Stanley (MS) upgraded to Outperform from Neutral at Credit Suisse with analyst Susan Roth Katzke citing the over 10% total return potential in the shares. 3. Disney (DIS) upgraded to Top Pick from Outperform at RBC Capital with analyst Steven Cahall saying he thinks the company has reached a turning point with ESPN approaching less than 20% of earnings and "non-Media" Disney remaining a global leader in content that is executing well. 4. INC Research (INCR) upgraded to Buy from Hold at Jefferies analyst David Windley saying the recent share pullback provides a "compelling" entry point. 5. British American Tobacco (BTI) 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.
10/12/17
10/12/17
DOWNGRADE
Target $105

Neutral
Disney downgraded to Neutral on increased pay-TV caution at Guggenheim
As previously reported, Guggenheim analyst Michael Morris downgraded Disney (DIS) to Neutral from Buy, citing his increased caution toward pay-TV trends and concern that expectations for the contribution from its content cycle are too high. While he is optimistic about the company's proposed direct-to-consumer streaming products, he expects the initial investment and long lead time into the launch to weigh on sentiment over the next 12 months, Morris tells investors. The analyst, who lowered his price target on Disney to $105 from $122, also downgraded Viacom (VIAB) and AMC Networks (AMCX) this morning.
SNE Sony
$36.62

-0.09 (-0.25%)

09/19/17
FBCO
09/19/17
DOWNGRADE
FBCO
Neutral
Sony downgraded to Neutral from Outperform at Credit Suisse
10/11/17
10/11/17
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. Schlumberger (SLB) downgraded to Market Perform from Outperform at BMO Capital with analyst Daniel Boyd saying he sees risk to 2018 estimates and limited room for multiple expansion. 2. Sony (SNE) downgraded to Equal Weight from Overweight at Morgan Stanley 3. Chico's (CHS) downgraded to Underperform from Neutral at BofA/Merrill with analyst Lorraine Hutchinson saying the premium multiple is unwarranted. 4. Robert Half (RHI) downgraded to Hold from Buy at SunTrust with analyst Tobey Sommer citing the recent underperformance relative to the U.S. staffing market and moderating growth of accounting jobs. 5. Coach (COH) downgraded to Neutral from Outperform at Consumer Edge. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/11/17
MSCO
10/11/17
DOWNGRADE
MSCO
Equal Weight
Sony downgraded to Equal Weight from Overweight at Morgan Stanley
09/19/17
09/19/17
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. Under Armour (UA, UAA) downgraded to Underperform from Market Perform at Wells Fargo with Wells Fargo with analyst Tom Nikic saying with consumers having filled their closets with athletic wear over the past seven years, the category "appears poised to take a breather for now." The analyst cut his price target for the shares to $13 from $17. 2. Kellogg (K) downgraded to Neutral from Overweight at Piper Jaffray with analyst Michael Lavery saying cereal could be at risk from shrinking center store space. 3. Nike (NKE) downgraded to Neutral from Positive at Susquehanna saying that his checks indicate that the North American and European businesses are decelerating as some key categories, especially basketball, have underperformed, resulting in excess inventory that will pressure sales and margins. 4. Synchronoss (SNCR) downgraded to Underperform from Outperform at Raymond James with analyst Tavis McCourt citing the news that Siris Capital is no longer interested in an all-cash transaction for all the outstanding shares of the company and has withdrawn its $18 per share bid from June 22. Further, the analyst believes it increasingly unlikely that the current strategic review will result in an acquisition at a premium and expects share to come under pressure and stay in the range prior to the Siris indication of interest. 5. Sony (SNE) downgraded to Neutral from Outperform at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
FOX 21st Century Fox
$25.48

-0.67 (-2.56%)

07/25/17
OTRG
07/25/17
DOWNGRADE
OTRG
Mixed
21st Century Fox downgraded to Mixed from Positive at OTR Global
OTR Global downgraded 21st Century Fox to Mixed from Positive
10/06/17
STFL
10/06/17
NO CHANGE
Target $200
STFL
Buy
Netflix 'still the best value' for consumers despite price hike, says Stifel
After Netflix (NFLX) disclosed it is raising subscription prices for the Standard and Premium tiers in the U.S., Stifel analyst Scott Devitt said he expects "similar round number increases" in a number of other markets, noting that the company has also confirmed increases for its top two U.K. plans. The analyst, who noted that Hulu's ad-free option and HBO Now (TWX) remain as expensive or more expensive than Netflix, said its streaming service is "still the best value on the consumer Internet." Devitt keeps a Buy rating and $200 price target on Netflix shares.
08/08/17
BNCH
08/08/17
NO CHANGE
BNCH
Buy
Fox-ION 'rumors' most likely a negotiating tactic, says Benchmark
Benchmark analyst Daniel Kurnos highlighted a "slew" of "inconsistencies" that make him skeptical of last week's "unsubstantiated rumor published by Bloomberg" regarding Fox (FOXA) potentially forming a JV with ION and pulling all of its affiliate agreements from Sinclair (SBGI), concluding in a note to investors that this was "just another negotiating tactic by the network." Fox's "cozy" agreements with Tribune (TRCO) may get disrupted by Sinclair's acquisition, added Kurnos, who has a Buy rating on Sinclair shares.
08/01/17
FBCO
08/01/17
NO CHANGE
Target $37
FBCO
Outperform
21st Century Fox, Sky deal to take longer to clear, says Credit Suisse
Credit Suisse analyst Omar Sheikh continues to believe the Sky (SKYAY) transaction will eventually receive full regulatory approval, but highlights there is an elevated risk to the deal if it is referred to the CMA, and at best an extended period before it gets cleared. Meanwhile, he believes the 2018 21st Century Fox (FOXA) organic equity story looks compelling, and reiterates an Outperform rating and $37 price target on the shares.
FOXA 21st Century Fox
$26.11

-0.66 (-2.47%)

08/11/17
PIPR
08/11/17
INITIATION
Target $35
PIPR
Overweight
21st Century Fox initiated with an Overweight at Piper Jaffray
Piper Jaffray analyst Stan Meyers started 21st Century Fox with an Overweight rating and $35 price target. Fox has some of the best mix of content and remains undervalued relative to peers, the analyst contends.
09/05/17
WELS
09/05/17
UPGRADE
Target $116
WELS
Outperform
Disney upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Marci Ryvicker upgraded Disney (DIS) to Outperform and raised her price target for the shares to $116 from $109. The owner of ESPN and ABC closed Friday up 31c to $101.50. Concerns over potential dilution from the BAMTech stake and the streaming apps are "widely overdone," Ryvicker tells investors in a research note where she also downgraded Viacom (VIAB). She expects the TV ecosystem will soon undergo on an accelerated push into over-the-top. As such, investors may need to start increasing exposure to media companies with solid streaming strategies, such as CBS (CBS), 21st Century Fox (FOXA), and Disney, and lessen exposure to those that do not, such as Viacom and Scripps Networks (SNI)/Discovery Communications (DISCA), Ryvicker argues. The analyst likes the current entry point for Disney shares.
09/19/17
09/19/17
NO CHANGE

Cowen lowers price targets on media companies
Cowen analyst Doug Crentz cut his price targets for several media companies, as he believes that the margin pressure on TV networks will continue. The analyst believes that consensus estimates for TV broadcasters are too high, as he expects that the decline in the sector's EBITDA margin will more than double this year, driven by lower ad and affiliate revenue. He believes that two "deep-pocketed, low margin competitors -Netflix (NFLX) and Amazon (AMZN) - are the root of the problem. He cut his price target on Viacom (VIAB) to $31 from $41, on Discovery (DISCA) to $19 from $25, on Fox (FOXA) to $29 from $32, on CBS (CBS) to $69 from $70 and on Disney (DIS) to $94 from $95.
CMCSA Comcast
$37.42

-0.27 (-0.72%)

09/29/17
JPMS
09/29/17
NO CHANGE
JPMS
Expert sees positive settlements for TiVo, says JPMorgan
JP Morgan analyst Sterling Auty hosted Bloomberg Intelligence Litigation Analyst Matt Larson to discuss TiVo's (TIVO) ITC and District Court cases with Comcast (CMCSA, CMCSK) and Hulu. Larson said he believes settlement is the most likely outcome in both cases, which Auty sees as a positive for TiVo. A positive resolution could have "material upside" for TiVo's shares, as it bolsters the case for TiVo driving earnings to the $3 per share level, Auty added. JP Morgan kept an Overweight rating and $34 price target on TiVo shares.
09/12/17
09/12/17
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. Comerica (CMA) upgraded to Overweight from Neutral at Piper Jaffray with analyst Brett Rabatin saying the bank's mid-quarter update is better than expected. 2. Alcoa (AA) upgraded to Buy from Hold at Deutsche Bank with analyst Jorge Beristain basing the upgrade on the firm's commodity team raising its 2018 aluminum price forecast by 12% to $2,072 per ton. 3. Kroger (KR) upgraded to Buy from Hold at Pivotal Research with analyst Ajay Jain saying continued weakness in investor sentiment following Kroger's latest results presents a near-term buying opportunity. 4. Comcast (CMCSA) upgraded to Buy from Neutral at MoffettNathanson with analyst Craig Moffett saying Comcast shares cheap following management comments on third quarter subscriber loses and the resulting stock selloff is overdone. 5. Inovalon (INOV) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Ricky Goldwasser saying that the company's presentation at the firm's healthcare conference provided a line of sight to organic earnings acceleration in the second half of the year. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/12/17
09/12/17
UPGRADE

Buy
Comcast upgraded to Buy on valuation at MoffettNathanson
As previously reported, MoffettNathanson upgraded Comcast to Buy from Neutral with a $45 price target. Analyst Craig Moffett said Comcast shares cheap following management comments on Q3 subscriber loses and the resulting stock selloff is overdone.
CMCSK Comcast

04/24/17
OPCO
04/24/17
NO CHANGE
OPCO
Sprint, DISH the only assets for sale, says Oppenheimer
Oppenheimer analyst Timothy Horan noted that wireless companies will be allowed to discuss M&A, and says he sees Sprint (S) and possibly DISH (DISH) as the only assets for sale. The analyst believes the most likely outcome is for consolidation around the four major wireless providers, something along the lines of Charter (CHTR)/Sprint, T-Mobile (TMUS)/Comcast (CMCSA; CMCSK), Verizon (VZ)/DISH, with AT&T's (T) position "fairly solidified" with DirectTV/Time Warner (TWX). Further, Horan suspects Sprint will be sold first, most likely to Charter, although T-Mobile is a possibility and could be the controlling company/management and likely paying a premium for Sprint.
04/26/17
FBCO
04/26/17
NO CHANGE
Target $37
FBCO
Outperform
Hulu stake could be for sale this year, says Credit Suisse
Credit Suisse analyst Omar Sheikh notes that Comcast (CMCSA; CMCSK) will be free to sell its 30% stake in Hulu from the end of 2017. The analyst believes there is a $100B domestic revenue opportunity for targeted TV advertising long-term, which vertically integrated networks/distributors will be in a strong position to exploit. Therefore, Sheikh argues that it would make sense for 21st Century Fox (FOX; FOXA) to acquire Comcast's stake in Hulu, if it becomes available, subject to valuation and appropriate programming supply agreements. He reiterates an Outperform rating and $37 price target on 21st Century Fox's shares.
TWX Time Warner
$103.38

0.03 (0.03%)

08/07/17
EVER
08/07/17
DOWNGRADE
EVER
In Line
Time Warner downgraded to In Line from Outperform at Evercore ISI
Evercore ISI analyst Vijay Jayant dowgnraded Time Warner (TWX) to In Line saying shares are trading 5% below the $108 merger price with AT&T (T).
09/18/17
FBCO
09/18/17
DOWNGRADE
FBCO
Time Warner downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Omar Sheikh downgraded Time Warner (TWX) saying he expects the acquisition by AT&T (T) to be approved shortly and believes objections from Brazilian regulators likely to be surmountable.
09/28/17
RAJA
09/28/17
NO CHANGE
RAJA
DOJ appointment catalyst for CenturyLink, Level 3 deal, says Raymond James
Makan Delrahim was finally confirmed by the Senate yesterday as head of the Department of Justice Antitrust Division, Raymond James analyst Frank Louthan tells investors in a research note. He believes not having an antitrust head is at least partially to blame for the delay in mergers and acquisitions in the Technology & Communications space this year, including outstanding transactions like CenturyLink (CTL)/Level 3 Communications (LVLT) and AT&T (T)/Time Warner (TWX), as well as potential deals like Sprint (S)/T-Mobile U.S. (TMUS). The appointment of Delrahim is a catalyst for the approval of CenturyLink's acquisition of Level 3, where the Department of Justice has been the bottleneck, Louthan writes.
AMZN Amazon.com
$995.00

7.8 (0.79%)

10/10/17
MSCO
10/10/17
NO CHANGE
Target $1150
MSCO
Overweight
Amazon could add $1B to 2019 gross profit via private label, says Morgan Stanley
Morgan Stanley analyst Brian Nowak believes Amazon is increasingly focused on building a private label business. However, he also said its work on that front is still early, noting that more established third party brands have from 5 times to 500 times more private label products on Amazon.com when compared to Amazon's own private labels. Pointing out that private label makes up an average of 18% of other major retailers' revenue but is currently only 0.15% of Amazon's global gross merchandise sales, Nowak estimates that growing private label to 5% of retail sales by 2019 could let Amazon add almost $1B of gross profit. Nowak keeps an Overweight rating and $1,150 price target on Amazon shares.
10/11/17
FBCO
10/11/17
NO CHANGE
Target $1350
FBCO
Outperform
Amazon.com price target raised to $1350 from $1100 at Credit Suisse
Credit Suisse analyst Stephen Ju raised his price target for Amazon to $1350 from $1100 ahead of Q3 results. The analyst believes the combination of Prime Now with Whole Foods presents what he had originally thought would be the rollout of Amazon Fresh in late-2013/early-2014, and sees Amazon over the medium term expanding Prime Now's presence by up to 50%. While price cuts capture the headlines, Ju submits that Amazon will wage war with its competitors with service instead. He reiterates an Outperform rating on the shares.
10/10/17
MAXM
10/10/17
NO CHANGE
Target $78
MAXM
Buy
Express Scripts risks balanced from Amazon entry into drug business, says Maxim
Maxim analyst Anthony Vendetti says that if Amazon (AMZN) decides to enter into the prescription drug business as its own pharmacy benefit manager, it would represent a long-term threat to Express Scripts (ESRX). However, Vendetti contends that Amazon would be better served to partner with an existing industry player or acquire one and believes that Express Scripts would be an attractive choice in either scenario. The analyst, who has already modeled a potential loss of the Anthem business in FY20 and beyond, maintains a Buy rating and a $78 price target on Express Scripts.
10/10/17
LEHM
10/10/17
NO CHANGE
Target $1150
LEHM
Overweight
Amazon.com quarter could be 'another mixed-bag,' says Barclays
Barclays analyst Ross Sandler thinks Amazon.com's Q3 may be "another mixed-bag" like last quarter, with revenue and operating income ahead of consensus, but Q4 guidance disappointing on operating income. The company's retail profitability is likely to continue to suffer near term from heavy investments in both core Amazon and Whole Foods, Sandler tells investors in a pre-earnings research note. He believes, however, that most investors understand that margin is available when Amazon decides to capture more. He does not see a "ton of downside" in the stock, saying revenue growth is "what matters most at this stage of development." The analyst recommends using on share pullback on profitability concerns as a buying opportunity. Amazon remains Sandler's longer term top pick in the Internet & Media space. He has an Overweight rating on the shares with a $1,150 price target.
GOOG Alphabet
$989.25

16.65 (1.71%)

10/09/17
BERN
10/09/17
NO CHANGE
BERN
Alphabet Waymo still has 'significant limitations,' says Bernstein
Commenting on a media report saying Alphabet's Waymo is preparing to launch "a commercial ride-sharing service powered by self-driving vehicles with no human 'safety' drivers as soon as this fall," Bernstein analyst Max Warburton says that any service will be" very limited and experimental." However, he notes that its launch may scare auto sector investors. The Waymo vehicles still have "significant limitations," he contends, adding that they are not about to disrupt the industry soon.
10/05/17
KEYB
10/05/17
NO CHANGE
KEYB
Overweight
Google AI focus in hardware has potential, modest impact, says KeyBanc
KeyBanc analyst Andy Hargreaves says Google showed off new Pixel smartphones, additions to its smart speaker line, a new laptop, and other accessories at its hardware launch event yesterday. The analyst notes that the hardware matches up well against competitors, and features a heavy focus on artificial intelligence and machine learning-based features. However, distribution of the Pixel 2 remains limited and incremental advancements in the other hardware lines do not appear material enough to drive a noticeable inflection in Google's Other Revenue, where hardware sales are recognized, he contends. Hargreaves sees potential in Google's hardware business, but much greater distribution is likely necessary to drive a meaningful inflection in the model. He reiterates an Overweight rating on the shares.
10/03/17
KEYB
10/03/17
NO CHANGE
KEYB
Overweight
YouTube TV 'significant strategic benefits' offset lack of profit, says KeyBanc
KeyBanc analyst Andy Hargreaves says that Google's brand, engineering prowess, and budget position YouTube TV to capture share of U.S. pay-TV subscribers. While YouTube TV is unlikely to be profitable on a stand-alone basis, the analyst believes it creates a substantial opportunity for Google to capture TV ad dollars, accelerate consumption of traditional YouTube content on televisions, and benefit Google's broader advertising efforts. The analyst reiterates an Overweight rating on the shares.
10/10/17
JEFF
10/10/17
NO CHANGE
Target $1200
JEFF
Buy
Alphabet valuation still looks compelling, says Jefferies
Jefferies analyst Brent Thill says Google's (GOOGL) valuation, even with the stock up 25% year-to-date, still looks compelling. The company "has the right pieces in place to deliver meaningful 20+% upside," Thill tells investors in a research note titled "Google Picture Book: No Shortage of Value in These Search Results." He believes Google's initiatives, like Google Cloud and recently raised bets on hardware, could boost consensus estimates. The analyst keeps a Buy rating on the shares with a $1,200 price target.
GOOGL Alphabet Class A
$1,005.65

17.85 (1.81%)

10/11/17
FBCO
10/11/17
NO CHANGE
Target $1350
FBCO
Outperform
Alphabet price target raised to $1350 from $1100 at Credit Suisse
Credit Suisse analyst Stephen Ju raised his price target for Class A shares of Alphabet to $1350 from $1100 ahead of Q3 results. The analyst says his conversations with advertisers suggest minimal search budget growth deceleration coupled with potentially accelerating spend on YouTube due to multiple factors. He reiterates an Outperform rating on the shares.
AAPL Apple
$156.55

0.65 (0.42%)

10/10/17
CLVD
10/10/17
NO CHANGE
CLVD
Buy
Apple near-term iPhone unit estimate cut, ASPs raised at Cleveland Research
Cleveland Research lowered its iPhone unit estimate for the December quarter to 81M from 86M citing soft initial traction for the 8/8+ and limited availability of the iPhone X. The firm, which also increased its FY18 iPhone Average Selling Price estimate to $718 from $700, said it remains optimistic on Apple's margin opportunities and keeps a Buy rating on the stock.
10/10/17
COWN
10/10/17
NO CHANGE
COWN
Street estimates too low for RF stocks, says Cowen
Cowen analyst Karl Ackerman believes there may be near-term risk for Broadcom (AVGO), Qorvo (QRVO) and Skyworks (SWKS) due to potential delays in the iPhone, but he said investors are not pricing in an iPhone super-cycle. He believes the sell-side has become more bearish on the Apple (AAPL) supply chain since the iPhone launch, but he feels the Street estimates are too low. Ackerman sees a long RF content growth opportunity moving forward and believes Broadcom, Qorvo, and Skyworks are best positioned.
10/11/17
MSCO
10/11/17
NO CHANGE
Target $199
MSCO
Overweight
Apple target raised to $199 on higher U.S. iPhone estimates at Morgan Stanley
Morgan Stanley analyst Katy Huberty said the firm's smartphone survey conducted after Apple's September product launch showed that iPhone retention and "switcher" rates, or the percentage of non-iPhone users expected to move to an iPhone, have increased from the firm's last check in April. Given the new survey data, the firm's estimate of North American iPhone shipments was raised to 74M from 72M units and, keeping the rest of the world unchanged, that drives its global iPhone upgrade forecast to 268M units from 266M. Noting this increased forecast, along with "surprisingly bullish" Apple Watch demand revealed in the survey, Huberty raised her price target on Apple shares to $199 from $194 and keeps an Overweight rating on the stock.
10/11/17
PIPR
10/11/17
NO CHANGE
Target $196
PIPR
Overweight
Piper teen survey shows Apple remains dominant brand
Piper Jaffray analyst Michael Olson says his firm's s bi-annual teen survey shows Apple's place as the dominant device brand among teens remains intact. Of the over 6,000 teens surveyed, 78% have an iPhone, up from 76% in the spring, and 82% anticipate their next phone to be an iPhone, Olson tells investors in a research note. The Apple Watch was the top smartwatch among teens, garnering 12%, with the Samsung Gear next on the list at 2%, the analyst adds. He maintains an Overweight rating on Apple with a $196 price target.
WMT Wal-Mart
$85.73

1.6 (1.90%)

10/11/17
KEYB
10/11/17
NO CHANGE
Target $100
KEYB
Overweight
Wal-Mart price target raised to $100 from $90 at KeyBanc
KeyBanc analyst Edward Yruma raised his price target for Wal-Mart to $100 from $90 saying it remains one of his favorite ideas, with the company's focus on Retail 101 and e-commerce positioning it for long-term growth. The analyst reiterates an Overweight rating on the shares.
10/11/17
BARD
10/11/17
NO CHANGE
Target $90
BARD
Outperform
Wal-Mart investor meeting reinforces positive view, says Baird
Baird analyst Peter Benedict said the Wal-Mart investors meeting reinforced his positive view on the shares. He said its portfolio of assets, focused and aligned management team, and multiple levers will help it deliver on its commitments to consumers and the company remains well positioned for continued success. Benedict reiterated his Outperform rating and $90 price target on Wal-Mart shares, which rose 4.5% to close at $84.13 yesterday following the meeting.
10/11/17
STFL
10/11/17
NO CHANGE
Target $85
STFL
Hold
Wal-Mart price target raised to $85 from $79 at Stifel
Stifel analyst Mark Astrachan said after attending Wal-Mart's investor meeting that he believes that its momentum is continuing and he attributes yesterday's share price outperformance in part to relief as concerns were heightened heading into the meeting that costs and/ or reinvestment would result in below consensus FY19 EPS guidance, which was not the case. He raised his price target on Wal-Mart shares to $85 from $79 but maintains his Hold rating, citing valuation.
10/12/17
GSCO
10/12/17
DOWNGRADE
Target $91
GSCO
Buy
Wal-Mart downgraded to Buy from Conviction Buy at Goldman Sachs
Goldman analyst Matthew Fassler removed Wal-Mart from the Conviction Buy List and maintained a Buy rating. The analyst continues to maintain estimates above consensus for 2018 but said shares have achieved in three months what he had expected in a year on an improvement in sentiment, but not on higher earnings estimates. Fassler raised Wal-Mart's price target to $91 from $87 and said drivers remain compelling.

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JPMorgan

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0.37 (0.38%)

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SEC names JPMorgan exec Redfearn Director of Division of Trading and Markets »

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Steel Dynamics

$36.44

0.27 (0.75%)

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18:04
10/18/17
18:04
Hot Stocks
Steel Dynamics CEO optimistic conditions in place to benefit FY18 consumption »

CEO Mark Millet said:…

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  • 19

    Oct

CE

Celanese

$104.03

-0.24 (-0.23%)

18:03
10/18/17
10/18
18:03
10/18/17
18:03
Earnings
Celanese increases price for acetyls and engineered materials products »

Celanese will increase…

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STLD

Steel Dynamics

$36.44

0.27 (0.75%)

18:01
10/18/17
10/18
18:01
10/18/17
18:01
Earnings
Steel Dynamics reports Q3 ex-items EPS 66c, consensus 66c »

Reports Q3 revenue $2.4B,…

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  • 19

    Oct

OPTT

Ocean Power

$2.00

0.56 (38.89%)

17:59
10/18/17
10/18
17:59
10/18/17
17:59
Syndicate
Ocean Power files to sell common stock in 'best efforts' offering »

No amount was provided.…

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  • 20

    Oct

TOSBF

Toshiba, also use TOSYY

$3.02

-0.03 (-0.98%)

, TOSYY

Toshiba, also use TOSBF

$18.20

-0.11 (-0.60%)

17:58
10/18/17
10/18
17:58
10/18/17
17:58
Periodicals
Japan regulators probing Toshiba reporting practices for FY16/17, Nikkei says »

Japan's Securities…

TOSBF

Toshiba, also use TOSYY

$3.02

-0.03 (-0.98%)

TOSYY

Toshiba, also use TOSBF

$18.20

-0.11 (-0.60%)

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PNW

Pinnacle West

$87.34

-0.42 (-0.48%)

17:53
10/18/17
10/18
17:53
10/18/17
17:53
Hot Stocks
Pinnacle West raises quarterly divided 6.1% to 69.5c per share »

Pinnacle West…

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    Nov

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    Nov

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    Nov

GILD

Gilead

$80.01

-0.23 (-0.29%)

17:46
10/18/17
10/18
17:46
10/18/17
17:46
Hot Stocks
FDA grants regulatory approval to Kite's Yescarta »

Kite, a Gilead company,…

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  • 20

    Oct

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    Nov

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    Feb

POT

Potash

$19.24

0.08 (0.42%)

, AGU

Agrium

$107.73

0.55 (0.51%)

17:37
10/18/17
10/18
17:37
10/18/17
17:37
Hot Stocks
Potash, Agrium: India approves proposed merger of equals transaction »

Potash Corporation of…

POT

Potash

$19.24

0.08 (0.42%)

AGU

Agrium

$107.73

0.55 (0.51%)

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VMI

Valmont

$160.85

1.9 (1.20%)

17:36
10/18/17
10/18
17:36
10/18/17
17:36
Earnings
Valmont lowers FY17 adjusted EPS view to $6.90-$7.04 from $7.06, consensus $7.09 »

Annual guidance was…

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  • 19

    Oct

NVO

Novo Nordisk

$50.13

0.82 (1.66%)

17:36
10/18/17
10/18
17:36
10/18/17
17:36
Hot Stocks
Novo Nordisk receives positive 16-0 vote from FDA Advisory Committe »

Novo Nordisk announced…

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  • 18

    Oct

CHFS

CHF Solutions

$8.30

-0.69 (-7.68%)

17:35
10/18/17
10/18
17:35
10/18/17
17:35
Syndicate
Breaking Syndicate news story on CHF Solutions »

CHF Solutions files to…

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  • 06

    Nov

VTGN

VistaGen Therapeutics

$1.31

0.04 (3.15%)

17:33
10/18/17
10/18
17:33
10/18/17
17:33
Syndicate
Breaking Syndicate news story on VistaGen Therapeutics »

VistaGen Therapeutics…

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LLNW

Limelight Networks

$4.48

0.12 (2.75%)

, URI

United Rentals

$144.32

0.98 (0.68%)

17:32
10/18/17
10/18
17:32
10/18/17
17:32
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

LLNW

Limelight Networks

$4.48

0.12 (2.75%)

URI

United Rentals

$144.32

0.98 (0.68%)

KMI

Kinder Morgan

$18.58

-0.1 (-0.54%)

ADBE

Adobe

$153.00

2.62 (1.74%)

CNAT

Conatus

$5.15

0.05 (0.98%)

EBAY

eBay

$37.97

0.48 (1.28%)

HXL

Hexcel

$58.94

0.39 (0.67%)

CCI

Crown Castle

$100.96

-0.42 (-0.41%)

ESTE

Earthstone Energy

$10.54

-0.15 (-1.40%)

PEGI

Pattern Energy

RXDX

Ignyta

$16.25

1.9 (13.24%)

HCA

HCA Healthcare

$77.45

0.63 (0.82%)

KLAC

KLA-Tencor

$108.09

0.08 (0.07%)

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  • 18

    Oct

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    Oct

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    Oct

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    Oct

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    Oct

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    Oct

  • 06

    Nov

  • 06

    Nov

  • 14

    Nov

  • 15

    Nov

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    May

  • 16

    May

  • 19

    Oct

  • 19

    Oct

  • 20

    Oct

VMI

Valmont

$160.85

1.9 (1.20%)

17:31
10/18/17
10/18
17:31
10/18/17
17:31
Earnings
Valmont reports Q3 adjusted EPS $1.56, consensus $1.61 »

Reports Q3 revenue…

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  • 19

    Oct

AGEN

Agenus

$4.71

0.04 (0.86%)

17:31
10/18/17
10/18
17:31
10/18/17
17:31
Syndicate
Breaking Syndicate news story on Agenus »

Agenus files $250M mixed…

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  • 24

    Oct

PEGI

Pattern Energy

17:31
10/18/17
10/18
17:31
10/18/17
17:31
Hot Stocks
Pattern Energy sees Q3 operating loss greater than Q316 »

On October 18, Pattern…

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  • 19

    Oct

GE

General Electric

$23.12

-0.07 (-0.30%)

17:25
10/18/17
10/18
17:25
10/18/17
17:25
Periodicals
General Electric CEO cutting expenses, employees, WSJ reports »

General Electric's…

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  • 20

    Oct

UNB

Union Bankshares

$47.10

-0.8 (-1.67%)

17:20
10/18/17
10/18
17:20
10/18/17
17:20
Hot Stocks
Union Bankshares sees Q418 charge of $3.2M on plan termination »

On October 18, the board…

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OIS

Oil States

$23.75

-0.2 (-0.84%)

17:19
10/18/17
10/18
17:19
10/18/17
17:19
Earnings
Oil States lowers Q3 revenue view to $164M from $165M-$185M, consensus $177.77M »

Oil States anticipates…

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  • 27

    Oct

AXP

American Express

$92.08

0.39 (0.43%)

17:18
10/18/17
10/18
17:18
10/18/17
17:18
Hot Stocks
American Express says on track to cut $1B in costs by end of the year »

Says on track to cut $1B…

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  • 18

    Oct

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    Oct

  • 08

    Nov

OIS

Oil States

$23.75

-0.2 (-0.84%)

17:16
10/18/17
10/18
17:16
10/18/17
17:16
Hot Stocks
Breaking Hot Stocks news story on Oil States »

Oil States lowers Q3…

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  • 27

    Oct

AXP

American Express

$92.08

0.39 (0.43%)

17:08
10/18/17
10/18
17:08
10/18/17
17:08
Hot Stocks
American Express says 'right time' for leadership transition »

Comments taken from Q3…

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  • 18

    Oct

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    Nov

APRN

Blue Apron

$5.30

-0.08 (-1.49%)

17:06
10/18/17
10/18
17:06
10/18/17
17:06
Hot Stocks
Blue Apron to cut roughly 6% of total workforce, inclur roughly $3.5M in expense »

Blue Apron said in a…

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  • 02

    Nov

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