Breaking News Instant updates and real-time market news.

APRN

Blue Apron

$3.18

0.19 (6.35%)

15:15
12/01/17
12/01
15:15
12/01/17
15:15

Blue Apron downgraded after management shake-up at RBC Capital

As previously reported, RBC Capital analyst Mark Mahaney downgraded Blue Apron to Sector Perform from Outperform after the company announced that co-founder Matt Salzberg will be exiting as CEO and Brad Dickerson will be stepping into that role. Mahaney, who acknowledged he has "been arguably overly patient with the company," said the management change implies less visibility and certainty into Blue Apron's fundamentals. He lowered his price target on the stock to $4 from $6.

APRN Blue Apron
$3.18

0.19 (6.35%)

11/03/17
11/03/17
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. Blue Apron (APRN) downgraded to Underweight from Equal Weight at Barclays with analyst Ross Sandler saying while the company's third quarter revenue topped his estimate by 10%, the company burned $78M in free cash flow in the quarter, more than he expected. 2. Teva (TEVA) downgraded to Hold from Buy at Deutsche Bank with analyst Gregg Gilbert saying following the "disappointing" third quarter results and fourth quarter outlook, the analyst does not see enough to justify a Buy rating given the "multitude of uncertainties" on Teva's capital structure, core generic business, and management's ability to forecast its business. 3. Pandora (P) downgraded to Neutral from Buy at B. Riley FBR, to Neutral from Overweight at JPMorgan, and to Hold from Buy at SunTrust and Stifel. 4. Flowserve (FLS) downgraded to Neutral from Buy at Seaport Global and to Market Perform from Outperform at BMO Capital. 5. Newell Brands (NWL) downgraded to Outperform from Top Pick at RBC Capital and to Market Perform from Strong Buy at Raymond James. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/20/17
KEYB
11/20/17
INITIATION
KEYB
Sector Weight
Blue Apron initiated with a Sector Weight at KeyBanc
KeyBanc analyst Edward Yruma started Blue Apron with a Sector Weight rating, citing a binary outcome setup for the near-term, although his bias is positive.
11/20/17
11/20/17
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. Innoviva (INVA) initiated with a Hold at Deutsche Bank. 2. National Vision (EYE) was initiated with an Overweight at Morgan Stanley, an Outperform at Wells Fargo, a Buy at Jefferies and Citi, as well as a Neutral at Goldman Sachs, UBS, and BofA/Merrill. 3. Ablynx (ABLX) was initiated with an Overweight at JPMorgan, an Outperform at Baird, and a Buy at Ladenburg. 4. Blue Apron (APRN) initiated with a Sector Weight at KeyBanc. 5. BP Midstream (BPMP) was initiated with an Overweight at JPMorgan, a Buy at UBS and Citi, an Equal Weight at Morgan Stanley and Barclays, as well as a Neutral at Goldman Sachs. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/01/17
RBCM
12/01/17
DOWNGRADE
RBCM
Sector Perform
Blue Apron downgraded to Sector Perform from Outperform at RBC Capital

TODAY'S FREE FLY STORIES

MDT

Medtronic

$97.45

0.99 (1.03%)

14:40
09/20/18
09/20
14:40
09/20/18
14:40
Options
One day call buyers in Medtronic »

One day call buyers 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

  • 09

    Oct

DUK

Duke Energy

$80.52

0.45 (0.56%)

14:37
09/20/18
09/20
14:37
09/20/18
14:37
Hot Stocks
Duke says natural gas combined cycle plant at Sutton continues to operate safely »

Duke Energy announced…

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

  • 01

    Oct

  • 02

    Oct

  • 03

    Oct

  • 04

    Oct

  • 11

    Nov

KRYS

Krystal Biotech

$17.00

0.45 (2.72%)

14:36
09/20/18
09/20
14:36
09/20/18
14:36
Conference/Events
Krystal Biotech management to meet with William Blair »

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

  • 25

    Sep

  • 01

    Oct

14:35
09/20/18
09/20
14:35
09/20/18
14:35
General news
U.S. Household net worth rose »

U.S. Household net worth…

PENN

Penn National

$32.37

0.16 (0.50%)

, PNK

Pinnacle Entertainment

$33.42

0.09 (0.27%)

14:33
09/20/18
09/20
14:33
09/20/18
14:33
Hot Stocks
Penn National reports Colorado gaming approval from for Pinnacle acquisition »

Penn National Gaming…

PENN

Penn National

$32.37

0.16 (0.50%)

PNK

Pinnacle Entertainment

$33.42

0.09 (0.27%)

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

14:28
09/20/18
09/20
14:28
09/20/18
14:28
Conference/Events
Morgan Stanley household products analyst holds analyst/industry conference call »

Household Products,…

ALB

Albemarle

$106.69

1.2 (1.14%)

14:27
09/20/18
09/20
14:27
09/20/18
14:27
Recommendations
Albemarle analyst commentary  »

Loop Capital would still…

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

  • 24

    Oct

AMZN

Amazon.com

$1,947.74

21.47 (1.11%)

14:23
09/20/18
09/20
14:23
09/20/18
14:23
Periodicals
Amazon says the Echo Auto will cost $50 »

According to a live blog…

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

    Sep

ACAD

Acadia

$18.47

3.36 (22.24%)

14:21
09/20/18
09/20
14:21
09/20/18
14:21
Recommendations
Acadia analyst commentary  »

FDA safety communication…

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

  • 01

    Oct

LUV

Southwest

$62.95

-0.16 (-0.25%)

14:20
09/20/18
09/20
14:20
09/20/18
14:20
Periodicals
Former Southwest employee alleges racial discrimination, Dallas News says »

A former Southwest…

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

  • 03

    Oct

  • 06

    Nov

ARRY

Array BioPharma

$14.75

-0.015 (-0.10%)

14:20
09/20/18
09/20
14:20
09/20/18
14:20
Hot Stocks
Array BioPharma says EU approves BRAFTOVI, MEKTOVI combo »

Array BioPharma announced…

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

  • 01

    Oct

AMZN

Amazon.com

$1,948.94

22.67 (1.18%)

14:19
09/20/18
09/20
14:19
09/20/18
14:19
Periodicals
Amazon unveils Echo Auto to bring Alexa to cars »

According to a live blog…

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

    Sep

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
09/20/18
09/20
14:17
09/20/18
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
09/20/18
09/20
14:16
09/20/18
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

$1,949.08

22.81 (1.18%)

14:15
09/20/18
09/20
14:15
09/20/18
14:15
Periodicals
Amazon unveils Fire TV Recast »

According to a live blog…

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

    Sep

GE

General Electric

$12.44

-0.42 (-3.27%)

, EXC

Exelon

$43.32

0.09 (0.21%)

14:13
09/20/18
09/20
14:13
09/20/18
14:13
Periodicals
Exelon Generation COO confirms GE blade issue in Bloomberg interview »

Exelon Generation (EXC)…

GE

General Electric

$12.44

-0.42 (-3.27%)

EXC

Exelon

$43.32

0.09 (0.21%)

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

  • 25

    Sep

  • 27

    Sep

  • 11

    Nov

AMZN

Amazon.com

$1,947.47

21.2 (1.10%)

14:11
09/20/18
09/20
14:11
09/20/18
14:11
Periodicals
Amazon's new Echo Show has Hulu, Meal Kits capabilities »

According to a live blog…

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

    Sep

LYV

Live Nation

$52.28

-0.41 (-0.78%)

14:10
09/20/18
09/20
14:10
09/20/18
14:10
Options
Call buyers in LiveNation as shares rally off session lows »

Call buyers in LiveNation…

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

$1,945.80

19.53 (1.01%)

14:05
09/20/18
09/20
14:05
09/20/18
14:05
Hot Stocks
Amazon highlights new Alexa Presentation software »

According to a live blog…

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

    Sep

NTES

NetEase

$216.27

11.57 (5.65%)

14:05
09/20/18
09/20
14:05
09/20/18
14:05
Options
NetEase 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

AMZN

Amazon.com

$1,944.93

18.66 (0.97%)

, DLB

Dolby

$68.99

0.5 (0.73%)

14:01
09/20/18
09/20
14:01
09/20/18
14:01
Periodicals
Amazon unveils all-new Echo Show with complete redesign »

According to a live blog…

AMZN

Amazon.com

$1,944.93

18.66 (0.97%)

DLB

Dolby

$68.99

0.5 (0.73%)

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

    Sep

FB

Facebook

$165.20

2.14 (1.31%)

, TWTR

Twitter

$29.80

0.27 (0.91%)

14:00
09/20/18
09/20
14:00
09/20/18
14:00
Periodicals
Facebook, Twitter, Alphabet to leave technology sector of S&P 500, WSJ says »

Investors are in for a…

FB

Facebook

$165.20

2.14 (1.31%)

TWTR

Twitter

$29.80

0.27 (0.91%)

GOOG

Alphabet

$1,185.00

14.03 (1.20%)

GOOGL

Alphabet Class A

$1,189.17

14.51 (1.24%)

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

    Sep

  • 26

    Sep

  • 21

    Oct

  • 25

    Oct

  • 25

    Oct

  • 28

    Oct

  • 03

    Mar

ACAD

Acadia

$18.77

3.66 (24.22%)

13:59
09/20/18
09/20
13:59
09/20/18
13:59
Recommendations
Acadia analyst commentary  »

FDA conclusion on…

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

  • 01

    Oct

GLW

Corning

$36.24

0.98 (2.78%)

13:57
09/20/18
09/20
13:57
09/20/18
13:57
Recommendations
Corning analyst commentary  »

Corning price target…

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

SYK

Stryker

$173.03

-0.56 (-0.32%)

13:57
09/20/18
09/20
13:57
09/20/18
13:57
Hot Stocks
Stryker to showcase Tritanium In-Growth Technology in AR experience »

Stryker's Spine…

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

  • 09

    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.