Breaking News Instant updates and real-time market news.

CAVM

Cavium

$84.02

8.19 (10.80%)

, MRVL

Marvell

$21.59

1.3 (6.41%)

09:04
11/21/17
11/21
09:04
11/21/17
09:04

Cavium downgraded to Neutral from Positive at Susquehanna

Susquehanna analyst Christopher Rolland downgraded Cavium (CAVM) to Neutral from Positive and lowered his price target to $83 from $85 following its announced acquisition by Marvell (MRVL). The analyst views the transaction as transformative for Marvell as Cavium provides a source of growth and massively expands its total addressable market. He noted its immediate synergies, but was disappointed with Marvell's use of so much stock in the transaction as there was much more room in their leverage ratio for using more cash. Rolland maintained his Positive rating and $27 price target on Marvell.

CAVM

Cavium

$84.02

8.19 (10.80%)

MRVL

Marvell

$21.59

1.3 (6.41%)

  • 27

    Nov

  • 28

    Nov

  • 28

    Nov

CAVM Cavium
$84.02

8.19 (10.80%)

11/21/17
MACQ
11/21/17
DOWNGRADE
Target $88
MACQ
Neutral
Cavium downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Srini Pajjuri downgraded Cavium (CAVM) to Neutral following the acquisition by Marvell (MRVL) saying he does not anticipate any other bidders for the company.
11/21/17
MSCO
11/21/17
DOWNGRADE
Target $85
MSCO
Equal Weight
Cavium downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Joseph Moore downgraded Cavium (CAVM) to Equal Weight from Overweight after the company announced an agreement to be acquired by Marvell Technology (MRVL), noting the deal had a higher stock component and higher cost synergies than his expectations. Moore also raised his multiple expectations for Marvell and increased his price target on its shares to $19 from $18.50.
11/21/17
LOOP
11/21/17
NO CHANGE
Target $26
LOOP
Buy
Marvell price target increased to $26 from $22 at Loop Capital
Loop Capital analyst Betsy Van Hees raised her price target on Marvell (MRVL) following its announcement to acquire Cavium (CAVM) for $6B. The analyst says the acquisition provides Marvell with increased scale, broader product and market diversification, and accretion to sales, earnings, and margins. Van Hees keeps her Buy rating but warns that the timing of the acquisition at a period of multiple tail wind factors is suspicious, possibly signalling the ramp for new product development may be slower than expected.
11/21/17
LOOP
11/21/17
DOWNGRADE
Target $84
LOOP
Hold
Cavium downgraded to Hold from Buy at Loop Capital
Loop Capital analyst Betsy Van Hees downgraded Cavium (CAVM) to Hold saying she does not expect a competing bid to Marvell's (MRVL) takeover offer. The analyst raised her price target for the shares to $84 from $81.
MRVL Marvell
$21.59

1.3 (6.41%)

11/21/17
JEFF
11/21/17
UPGRADE
Target $27
JEFF
Buy
Marvell upgraded to Buy from Hold at Jefferies
Jefferies analyst Mark Lipacis upgraded Marvell Technology Group (MRVL) to Buy following the company's acquisition of Cavium (CAVM). The product portfolios are synergistic and the deal creates better scale, Lipacis tells investors in a research note. The analyst estimates earnings accretion of 19% in 2018 and a 2019 earnings per share power of $1.79 which represents 43% accretion. He raised his price target for Marvell to $27 from $18.50. Barclays this morning also upgraded the shares.

TODAY'S FREE FLY STORIES

CTL

CenturyLink

$15.70

-0.17 (-1.07%)

, FTR

Frontier Communications

$10.05

-0.01 (-0.10%)

07:55
12/13/17
12/13
07:55
12/13/17
07:55
Recommendations
CenturyLink, Frontier Communications, Windstream analyst commentary  »

Morgan Stanley says…

CTL

CenturyLink

$15.70

-0.17 (-1.07%)

FTR

Frontier Communications

$10.05

-0.01 (-0.10%)

WIN

Windstream

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

UNM

Unum Group

$56.40

-0.25 (-0.44%)

07:55
12/13/17
12/13
07:55
12/13/17
07:55
Conference/Events
Unum Group to host investor day »

Investor meeting to be…

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

  • 13

    Dec

HON

Honeywell

$153.74

0.53 (0.35%)

07:55
12/13/17
12/13
07:55
12/13/17
07:55
Conference/Events
Honeywell to hold a conference call »

Management provides 2018…

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

  • 13

    Dec

JLL

Jones Lang LaSalle

$149.76

0.56 (0.38%)

07:55
12/13/17
12/13
07:55
12/13/17
07:55
Conference/Events
Jones Lang LaSalle to host investor day »

Investor Day to be held…

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

  • 13

    Dec

AAPL

Apple

$171.70

-0.97 (-0.56%)

07:52
12/13/17
12/13
07:52
12/13/17
07:52
Periodicals
Apple hires Matthys, Grazier for business affairs on content team, Variety says »

Apple has hired Philip…

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

AMTD

TD Ameritrade

$52.69

0.61 (1.17%)

07:51
12/13/17
12/13
07:51
12/13/17
07:51
Syndicate
TD Ameritrade 27.7M share Spot Secondary priced at $51.50 »

Goldman Sachs acted as…

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

HUBS

HubSpot

$82.70

-0.7 (-0.84%)

07:50
12/13/17
12/13
07:50
12/13/17
07:50
Conference/Events
HubSpot management to meet with Needham »

Meeting to be held in Los…

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

  • 14

    Dec

  • 15

    Dec

VZ

Verizon

$53.19

1.35 (2.60%)

07:50
12/13/17
12/13
07:50
12/13/17
07:50
Conference/Events
Verizon management to meet with Deutsche Bank »

Meeting to be held in New…

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

  • 13

    Dec

CRL

Charles River

$104.57

0.67 (0.64%)

07:50
12/13/17
12/13
07:50
12/13/17
07:50
Initiation
Charles River initiated  »

Charles River initiated…

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

PAY

Verifone

$18.47

0.28 (1.54%)

07:50
12/13/17
12/13
07:50
12/13/17
07:50
Technical Analysis
Technical View: Verifone falls after earnings and outlook disappoint »

In premarket trading the…

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

  • 14

    Dec

FRED

Fred's

$3.77

-0.19 (-4.80%)

07:49
12/13/17
12/13
07:49
12/13/17
07:49
Conference/Events
Fred's management to meet with Sidoti »

Meeting to be held in…

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

  • 14

    Dec

NICE

Nice

$87.71

0.03 (0.03%)

07:47
12/13/17
12/13
07:47
12/13/17
07:47
Recommendations
Nice analyst commentary  »

Nice price target raised…

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

    Feb

PM

Philip Morris

$107.30

1.26 (1.19%)

07:46
12/13/17
12/13
07:46
12/13/17
07:46
Recommendations
Philip Morris analyst commentary  »

Philip Morris named 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

HXL

Hexcel

$60.98

1.64 (2.76%)

07:45
12/13/17
12/13
07:45
12/13/17
07:45
Recommendations
Hexcel analyst commentary  »

Hexcel investor day…

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

PYPL

PayPal

$73.62

0.33 (0.45%)

, VNTV

Vantiv

$74.79

0.17 (0.23%)

07:42
12/13/17
12/13
07:42
12/13/17
07:42
Recommendations
PayPal, Vantiv, ADP, Paychex, Amazon.com analyst commentary  »

Wedbush bullish on…

PYPL

PayPal

$73.62

0.33 (0.45%)

VNTV

Vantiv

$74.79

0.17 (0.23%)

ADP

ADP

$117.05

-0.77 (-0.65%)

PAYX

Paychex

$68.71

-0.31 (-0.45%)

AMZN

Amazon.com

$1,165.08

-3.84 (-0.33%)

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

    Dec

  • 21

    Dec

  • 08

    Jan

  • 18

    Mar

AEE

Ameren

$61.36

-1.8425 (-2.92%)

07:42
12/13/17
12/13
07:42
12/13/17
07:42
Downgrade
Ameren rating change  »

Ameren cut to Underweight…

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

AAPL

Apple

$171.70

-0.97 (-0.56%)

07:41
12/13/17
12/13
07:41
12/13/17
07:41
Periodicals
Apple SVP Phil Schiller talks Face ID, HomePod delay, T3 reports »

Apple SVP of worldwide…

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

BLUE

bluebird bio

$190.95

-10.85 (-5.38%)

07:41
12/13/17
12/13
07:41
12/13/17
07:41
Downgrade
bluebird bio rating change  »

bluebird bio downgraded…

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

  • 13

    Dec

PRLB

Proto Labs

$95.85

1.85 (1.97%)

07:40
12/13/17
12/13
07:40
12/13/17
07:40
Earnings
Proto Labs guides initial FY18 EPS $2.40-$2.60, consensus $2.51 »

Guides initial FY18…

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

TRN

Trinity Industries

$36.88

1.08 (3.02%)

07:39
12/13/17
12/13
07:39
12/13/17
07:39
Recommendations
Trinity Industries analyst commentary  »

Trinity Industries price…

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

PRLB

Proto Labs

$95.85

1.85 (1.97%)

07:38
12/13/17
12/13
07:38
12/13/17
07:38
Earnings
Proto Labs raises Q4 EPS view to 53c-59c from 52c-58c, consensus 56c »

Raises Q4 revenue view to…

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

AEP

American Electric

$76.02

-1.06 (-1.38%)

07:38
12/13/17
12/13
07:38
12/13/17
07:38
Upgrade
American Electric rating change  »

American Electric…

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

AAPL

Apple

$171.70

-0.97 (-0.56%)

, FNSR

Finisar

$19.30

-0.51 (-2.57%)

07:37
12/13/17
12/13
07:37
12/13/17
07:37
Technical Analysis
Technical View: Finisar spikes higher after $390M Apple AMF award »

In pre-market trading the…

AAPL

Apple

$171.70

-0.97 (-0.56%)

FNSR

Finisar

$19.30

-0.51 (-2.57%)

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

SMPL

Simply Good Foods

$13.23

-0.09 (-0.68%)

07:36
12/13/17
12/13
07:36
12/13/17
07:36
Conference/Events
Simply Good Foods management to meet with Deutsche Bank »

Meeting to be held in…

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

  • 13

    Dec

PCLN

Priceline

$1,723.72

8.2 (0.48%)

, GOOG

Alphabet

$1,040.48

-0.62 (-0.06%)

07:36
12/13/17
12/13
07:36
12/13/17
07:36
Recommendations
Priceline, Alphabet, Alphabet Class A analyst commentary  »

Priceline named a best…

PCLN

Priceline

$1,723.72

8.2 (0.48%)

GOOG

Alphabet

$1,040.48

-0.62 (-0.06%)

GOOGL

Alphabet Class A

$1,048.77

-3.2 (-0.30%)

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

  • 23

    Jan

  • 18

    Mar

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.