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TWX

Time Warner

$87.05

-1.45 (-1.64%)

, CTL

CenturyLink

$15.48

-0.78 (-4.80%)

07:30
11/10/17
11/10
07:30
11/10/17
07:30

Unusual put flow in option market yesterday

Notable put activity was cited Thursday in Time Warner (TWX), CenturyLink (CTL), GameStop (GME), and Signet Jewelers (SIG).

TWX

Time Warner

$87.05

-1.45 (-1.64%)

CTL

CenturyLink

$15.48

-0.78 (-4.80%)

GME

GameStop

$17.56

0.36 (2.09%)

SIG

Signet Jewelers

$70.85

3.56 (5.29%)

  • 21

    Nov

  • 07

    Dec

  • 08

    Dec

TWX Time Warner
$87.05

-1.45 (-1.64%)

11/10/17
DBAB
11/10/17
NO CHANGE
Target $99
DBAB
Buy
Deutsche Bank puts 50/50 odds on AT&T closing Time Warner deal
Recent news flow lowers the probability of AT&T (T) closing its acquisition of Time Warner (TWX), Deutsche Bank analyst Bryan Kraft tells investors in a research note. Divesting either DirecTV or Turner are both unattractive options for AT&T, the analyst contends. He puts the probability of the deal closing at 50% right now. If the deal does not close, Time Warner would attract interest from potential suitors within the media industry or outside of it, Kraft writes. He notes, however, that regulatory opposition "could potentially jeopardize certain other potential suitors' interest or ability to close." Nonetheless, the analyst believes Time Warner's stock price "would see meaningful upside in this scenario." As a standalone company, Kraft sees the stock hitting $83 in the near-term but appreciating to $95 over the next 12 months. The analyst keeps a Buy rating on Time Warner while reducing his price target to $99 from $103. The shares yesterday closed down $1.45 to $87.05.
11/02/17
COWN
11/02/17
NO CHANGE
COWN
Cowen sees DOJ leak as negotiating tactic, expects Time Warner deal approval
Cowen analyst Doug Creutz believes the leak to The Wall Street Journal regarding the DOJ talks with AT&T (T) and Time Warner (TWX) is likely a negotiating tactic and he expects the deal is still likely to be approved. If a deal did not happen, he sees little downside to AT&T, while he thinks Time Warner could have downside to $80-$82 per share. Time Warner shares are down 4% to $94.41 in afternoon trading.
10/16/17
10/16/17
DOWNGRADE
Target $105

Neutral
Time Warner downgraded to Neutral from Buy at FBR Capital
FBR Capital analyst Barton Crockett downgraded Time Warner (TWX) to Neutral saying the takeover by AT&T (T) is "nearly done." The analyst lowered his price target for the shares to $105 from $107.50.
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.
CTL CenturyLink
$15.48

-0.78 (-4.80%)

11/09/17
JEFF
11/09/17
NO CHANGE
Target $17
JEFF
Hold
CenturyLink dividend sustainability in question, says Jefferies
Jefferies analyst Scott Goldman says the sustainability of CenturyLink's dividend is in question after the company reported disappointing results and lowered its fiscal 2017 outlook again. The analyst is "incrementally more cautious" on the ability of CenturyLink to meet the dividend obligation. He cut his price target for the shares to $17 from $22 and keeps a Hold rating on the name.
11/09/17
DBAB
11/09/17
NO CHANGE
Target $16
DBAB
Hold
CenturyLink keeping dividend an 'uphill battle,' says Deutsche Bank
Deutsche Bank analyst Matthew Niknam thinks the sustainability of CenturyLink's current dividend will remain in question until more meaningful inflections are seen in pro forma trends. In a post-earnings research note titled "Proving dividend sustainability will be an uphill battle," the analyst lowered his price target for the shares to $16 from $20 and keeps a Hold rating on CenturyLink.
11/09/17
JPMS
11/09/17
NO CHANGE
Target $26
JPMS
Overweight
CenturyLink shares to slowly rebound from here, says JPMorgan
JPMorgan analyst Philip Cusick believes CenturyLink shares were building in worse than the "soft" Q3 results and revenue outlook below the low-end of the previous range. CenturyLink maintained the current $2.16 dividend which implies a 13.3% yield, and all of the go-forward management emphasized their commitment to continuing to pay it, Cusick tells investors in a post-earnings research note. He believes a dividend cut was already built into the stock and expects shares to slowly rebound from current levels. The stock should be attractive to income-oriented investors, the analyst contends. He reiterates an Overweight rating on CenturyLink while trimming his price target to $26 from $28.
11/10/17
OPCO
11/10/17
NO CHANGE
Target $20
OPCO
Outperform
CenturyLink dividend cut logical, but unlikely, says Oppenheimer
At a 13% yield, it is logical for CenturyLink to cut the dividend in half to spend more on its network, but management is unlikely to do so, Oppenheimer analyst Timothy Horan tells investors in a research note. He now sees the payout ratio in the 80% range. CenturyLink is positioning itself to be a global, enterprise-focused company, which is the correct route, the analyst adds. He cut his price target for the shares to $20 from $28 and keeps an Outperform rating on the name.
GME GameStop
$17.56

0.36 (2.09%)

09/26/17
BARD
09/26/17
NO CHANGE
Target $24
BARD
Outperform
GameStop remains interesting, but speculative, value play, says Baird
Baird analyst Colin Sebastian hosted GameStop (GME) management and came away believing it remains an interesting, albeit speculative, value opportunity for investors. He said demand remains high for hardware but supplies remain tight. He also noted new software sales remain challenging given longer game lifecycles and the increasing digital download mix. Sebastian said the company is devoting more store space to collectibles, which is helping to drive store traffic. He also noted their PowerUp members have an overlap with Amazon (AMZN) Prime subscribers, which could make it a potential target of partnership interest. Sebastian reiterated his Outperform rating and $24 price target on GameStop shares.
09/13/17
WEDB
09/13/17
NO CHANGE
WEDB
New iPhone sales unlikely 'substantially higher' than prior year, says Wedbush
WedBush analyst Michael Pachter notes that Apple's (AAPL) September 12 Special Event highlighted several planned introductions across its various product lines, including an iPhone with a new form factor and facial recognition technology. The analyst believes it is unlikely that sales will be substantially higher on this year's upgraded products versus the prior year given similar price points and release dates. However, the new wireless charging capability may drive incremental charger sales for Best Buy (BBY) and other retailers, he adds. Pachter also pointed out that GameStop (GME) is encouraging its customers to purchase one of the new iPhones by trading in an old phone or other electronic device at its stores.
08/25/17
BARD
08/25/17
NO CHANGE
Target $21
BARD
Outperform
GameStop results inline but margin a bit light, says Baird
Baird analyst Colin Sebastian noted GameStop (GME) reported Q2 results inline with his expectations but said gross margins came in a bit light. He noted the results were generally driven by the Nintendo (NTDOY) Switch product. Looking ahead, the company should benefit from seasonal category strength, an ongoing hardware ramp, and improving pre-owned and tech brand trends, said Sebastian, who maintained his Outperform rating and $21 price target on GameStop shares.
11/01/17
BARD
11/01/17
NO CHANGE
Target $24
BARD
Outperform
EA digital mix shift acceleration raises risk for GameStop, says Baird
Baird analyst Colin Sebastian noted Electronic Arts (EA) in its quarterly results commentary suggested an accelerating shift to digital from physical disk sales, particularly in its sports franchise. The analyst believes this elevates the risk to GameStop (GME) shares as the company will need to diversify into other categories while protecting its unique buy-sell video game model. Sebastian, who believes the retailer's new subscription program could help drive more store visits and perhaps help offset some of the digital headwinds, keeps an Outperform rating and $24 price target on GameStop shares.
SIG Signet Jewelers
$70.85

3.56 (5.29%)

08/25/17
WELS
08/25/17
NO CHANGE
WELS
Signet Jewelers price target raised to $75 from $70 at Wells Fargo
Wells Fargo analyst Ike Boruchow increased its price target on Signet as he says that the company's Q2 results "appear to be a major step in the right direction." The analyst thinks that the company's fundamentals are "stabilizing." He keeps an Outperform rating on the shares.
11/02/17
SUSQ
11/02/17
INITIATION
Target $60
SUSQ
Neutral
Signet Jewelers initiated with a Neutral at Susquehanna
Susquehanna analyst Bill Dreher initiated Signet Jewelers with a Neutral rating as he remains cautious following its recent results, which have been challenged and choppy. Dreher has a $60 price target on Signet Jewelers shares.
11/02/17
11/02/17
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. Tabula Rasa HealthCare (TRHC) initiated with an Overweight at First Analysis. 2. HollyFrontier (HFC) reinstated with an Overweight at Barclays. 3. Medidata (MDSO) initiated with a Neutral at Dougherty. 4. Tiffany (TIF) and Signet Jewelers (SIG) were initiated with a Neutral at Susquehanna, while Tapestry (TPR) and Michael Kors (KORS) were initiated with a Positive. 5. Prometic Life Sciences (PFSCF) initiated with an Overweight at Cantor Fitzgerald. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/18/17
NEED
07/18/17
INITIATION
Target $69
NEED
Buy
Signet Jewelers initiated with a Buy at Needham
Needham analyst Rick Patel initiated Signet Jewelers with a Buy and a $69 price target.

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DE

Deere

$145.25

6.02 (4.32%)

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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:08
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11/23
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  • 16

    Jan

TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:07
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  • 16

    Jan

GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

, INVA

Innoviva

$13.42

0.01 (0.07%)

07:56
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GSK, Innoviva submit data to FDA for expanded Trelegy Ellipta label »

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$35.06

0.25 (0.72%)

INVA

Innoviva

$13.42

0.01 (0.07%)

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SVM

Silvercorp Metals

$2.51

-0.07 (-2.71%)

07:52
11/23/17
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07:52
Hot Stocks
Silvercorp Metals to buy back up to 5% of shares »

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CEL

Cellcom Israel

$10.00

-0.1 (-0.99%)

07:49
11/23/17
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07:49
Hot Stocks
Cellcom Israel now second layer company according to Concentration Law »

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GASS

StealthGas

$4.07

0.36 (9.70%)

07:06
11/23/17
11/23
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Recommendations
StealthGas analyst commentary at Jefferies »

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CPRT

Copart

$41.01

4.31 (11.74%)

07:02
11/23/17
11/23
07:02
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Recommendations
Copart analyst commentary at Jefferies »

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  • 19

    Dec

DE

Deere

$145.25

6.02 (4.32%)

06:56
11/23/17
11/23
06:56
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06:56
Upgrade
Deere rating change at Deutsche Bank »

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  • 28

    Nov

DE

Deere

$145.25

6.02 (4.32%)

06:55
11/23/17
11/23
06:55
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06:55
Recommendations
Deere analyst commentary at Wells Fargo »

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  • 28

    Nov

06:40
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General news
FX Update: The dollar has remained on a weakening track »

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SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
Seeco Holding management to meet with Jefferies »

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  • 23

    Nov

04:55
11/23/17
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Conference/Events
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Conference/Events
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BASFY

BASF

$27.39

-0.13 (-0.47%)

04:55
11/23/17
11/23
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Conference/Events
BASF management to meet with Evercore ISI »

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  • 23

    Nov

  • 24

    Nov

RBS

RBS

$7.30

-0.04 (-0.54%)

04:55
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Conference/Events
RBS management to meet with Jefferies »

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  • 23

    Nov

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L

Loews

$49.36

-0.02 (-0.04%)

, GE

General Electric

$18.15

0.32 (1.79%)

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Loews

$49.36

-0.02 (-0.04%)

GE

General Electric

$18.15

0.32 (1.79%)

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BRFS

BRF S.A.

$12.77

-0.16 (-1.24%)

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SU

Suncor

$35.42

0.2 (0.57%)

18:02
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  • 05

    Dec

SAP

SAP

$113.85

-1.44 (-1.25%)

17:53
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Periodicals
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