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AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

, GOOG

Alphabet

$1,049.15

8.54 (0.82%)

18:23
12/14/17
12/14
18:23
12/14/17
18:23

Amazon to begin selling Apple TV, Chromecast on online store, Reuters reports

Amazon (AMZN) plans to start selling Google Chromecast (GOOG) and Apple TV (AAPL), both competitors of the e-commerce giant's Fire TV, on its online store, Reuters reports, citing an Amazon spokeswoman. The company had initially removed such devices from its website two years ago, the report notes. Reference Link

AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

GOOG

Alphabet

$1,049.15

8.54 (0.82%)

GOOGL

Alphabet Class A

$1,057.47

6.08 (0.58%)

AAPL

Apple

$172.22

-0.05 (-0.03%)

  • 07

    Feb

  • 18

    Mar

AMZN Amazon.com
$1,174.26

10.13 (0.87%)

12/14/17
MSCO
12/14/17
NO CHANGE
Target $1250
MSCO
Overweight
Amazon Prime subscription growth may be slowing in U.S., says Morgan Stanley
Morgan Stanley analyst Brian Nowak noted his firm's survey indicated that 40% of those surveyed in the U.S. identified themselves as being Prime members, which is essentially flat with the firm's survey in the fourth quarter of 2016 and may indicate that U.S. Prime subscriber growth could be plateauing. However, he also notes that Prime retention and intent to sign up remain high and Amazon's global subscription revenue growth is accelerating. Nowak, who calls U.S. Prime subscriber trends "important to monitor," keeps an Overweight rating and $1,250 price target on Amazon shares.
12/14/17
BERN
12/14/17
NO CHANGE
Target $65
BERN
Outperform
Target acquisition of Shipt a step in right direction, says Bernstein
Bernstein analyst Brandon Fletcher notes that Target (TGT) announced it would acquire Shipt for $550M, and plans to roll out same day delivery to the majority of its stores in 2018 and will include all major product categories in 2019. While the analyst believes this deal is unlikely to prove the final game-changing solution that puts Target in the game against Amazon (AMZN) and Wal-Mart (WMT), he sees it as a step in the right direction. Fletcher reiterates an Outperform rating and $65 price target on Target's shares.
12/14/17
LOOP
12/14/17
NO CHANGE
Target $4
LOOP
Hold
Pier 1 Imports Q3 performance 'roundly disappointing', says Loop Capital
Loop Capital analyst Anthony Chukumba keeps his Hold rating and $4 price target on Pier 1 Imports (PIR) after a "roundly disappointing" Q3 earnings report that saw comps fall, gross margins contract, and Q4 outlook come well short of expectations. Chukumba says he is "increasingly worried about the relevance" of the company amid rising online competition, particularly as Amazon (AMZN) becomes "more serious about the category". With the stock down over 25% in the pre-market, the analyst says a Hold rating remains appropriate.
12/14/17
MKMP
12/14/17
NO CHANGE
Target $77
MKMP
Buy
Target price target raised to $77 from $66 at MKM Partners
MKM Partners analyst Patrick McKeever raised his price target on Target (TGT) to $77 after its acquisition of Shipt for $550M. McKeever says the deal makes him more positive on Target's ability to compete with Amazon (AMZN) and Walmart (WMT) over the longer term. The analyst notes that while Target stock performance has recently improved along with other retail names, shares still trade at 14.2-times forward earnings estimate relative to Walmart's 20.8-times. McKeever keeps his Buy rating on Target.
GOOG Alphabet
$1,049.15

8.54 (0.82%)

12/06/17
PIPR
12/06/17
DOWNGRADE
Target $37
PIPR
Underweight
Yelp downgraded to Underweight from Neutral at Piper Jaffray
Piper Jaffray analyst Sam Kemp downgraded Yelp (YELP) to Underweight from Neutral and lowered his price target for the shares to $37 from $38. The stock closed the trading day down $1.02 to $41.88. Given the "messiness" of removing Eat24, investors missed that Yelp lowered organic Q4 guidance by 2%, Kemp tells investors in a research note. He believes the company may guide down 2018 revenue when reporting Q4 results. Further, the analyst thinks Yelp's believe traffic will become more difficult as Facebook (FB) and Google (GOOG, GOOGL) aggressively route traffic to their own offerings. In addition, Kemp does not view Yelp as an acquisition candidate.
12/07/17
COWN
12/07/17
NO CHANGE
COWN
Tax reform should drive upside for internet companies, says Cowen
Cowen analyst John Blackledge said the proposed U.S. tax overhaul should drive earnings upside at Facebook (FB), Amazon (AMZN) and Alphabet (GOOG). He estimates the cut would result in tax savings, leading to increased estimates for the companies and also notes the potential for repatriation to provide a lift.
12/08/17
JPMS
12/08/17
NO CHANGE
JPMS
JPMorgan sees AWS single sign-on having limited impact on Okta
Shares of Okta (OKTA) are trading down after Amazon Web Services (AMZN) introduced its own basic single sign-on solution. JPMorgan analyst Sterling Auty, however, believes the product will not have much of an impact on Okta. Similar to Microsoft (MSFT) Azure, Amazon's product will be good for applications only running in AWS or to control access to a limited number of other SaaS applications, Auty tells investors in a research note. The major advantage for Okta is the ability to control access to all applications regardless of whether they are deployed on premise, in AWS, in Azure, in Google (GOOG, GOOGL), or even a SaaS application like Salesforce (CRM), the analyst contends. He believes Okta's "secret sauce lies in being platform neutral." Auty keeps an Overweight rating on the shares. Okta in morning trading is down 5%, or $1.42, to $27.75.
12/13/17
COWN
12/13/17
NO CHANGE
Target $2170
COWN
Outperform
Priceline named a best idea for 2018 at Cowen
Cowen analyst Kevin Kopelman believes Priceline (PCLN) is not shifting away from Google (GOOG, GOOGL). The company is largely aligned with the search giant and should continue to benefit from underlying growth in travel and the shift to online and mobile, Kopelman tells investors in a research note. He believes investor perception has Priceline both slowing down and shifting away from Google. The analyst calls Priceline a top idea for 2018 with an Outperform rating and $2,170 price target.
GOOGL Alphabet Class A
$1,057.47

6.08 (0.58%)

12/05/17
EVER
12/05/17
INITIATION
Target $46
EVER
In Line
Yelp initiated with an In Line at Evercore ISI
As reported earlier, Evercore ISI analyst Anthony DiClemente initiated Yelp (YELP) with an In Line rating and a price target of $46. DiClemente says the execution issues are now in the past as investor focus shifts to longer-term fundamentals. While there is runway for advertising penetration among local businesses, the analyst writes in his research note, there is also concern over the longer term about the company's competitive positioning relative to Facebook (FB) and Google (GOOGL). DiClemente believes that given the stock price appreciation of about 13% year-to-date, estimates would have to rise to justify more gains.
12/06/17
12/06/17
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. Alibaba (BABA) initiated with a Positive at Susquehanna. 2. WWE (WWE) initiated with an Overweight at JPMorgan. 3. Facebook (FB), Alphabet Class A (GOOGL), and Amazon.com (AMZN) were initiated with an Outperform at Evercore ISI, while Netflix (NFLX) was initiated with an In Line. 4. Applied Materials (AMAT) initiated with an Outperform at Wells Fargo. 5. Delphi Technologies (DLPH) was initiated with an Overweight at Barclays while being initiated with a Neutral at BofA/Merrill and UBS. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
AAPL Apple
$172.22

-0.05 (-0.03%)

12/13/17
RSBL
12/13/17
NO CHANGE
RSBL
Apple's investment in Finisar's new fab a neutral for Lumentum, says Rosenblatt
Rosenblatt analyst Jun Zhang said Apple's (AAPL) investment in Finisar's (FNSR) new fab is a neutral for Lumentum (LITE). Zhang said Finisar might not be able to supply the Android market as it sold all its potential capacity to Apple, reducing competition for Lumentum in that market. Further, the fab will take several quarters to prepare while the competitive landscape is not likely to change in 2018-2019, leaving Lumentum as the primary supplier to Apple, the analyst wrote.
12/14/17
CHLM
12/14/17
NO CHANGE
Target $28
CHLM
Buy
Finisar price target raised to $28 after Apple award at Craig-Hallum
Craig-Hallum analyst Richard Shannon raised his price target for Finisar (FNSR) to $28 from $24 following Apple's (AAPL) award of $390M for VCSEL capacity/RD, which he believes is a "strong confirmation" of the market opportunity for 3D sensing, and a sign that the market is likely to be undersupplied for a number of quarters. The analyst reiterates a Buy rating on Finisar shares.
12/13/17
PIPR
12/13/17
NO CHANGE
Target $28
PIPR
Overweight
Finisar price target raised to $28 after Apple award at Piper Jaffray
Piper Jaffray analyst Troy Jensen raised his price target on Finisar (FNSR) to $28 from $22 after the company was awarded a $390M investment from Apple (AAPL) to scale VCSEL capacity, saying that he believes the deal solidifies a long-term relationship between the companies. Jensen has previously assumed Finisar only had 25% of the high-powered VCSEL for the iPhone X and Lumentum (LITE) had 75% of the high-power and 100% of the low-power VCSEL, but he now believes Finisar could capture significantly more share than previously expected, he tells investors.
12/13/17
STFL
12/13/17
NO CHANGE
Target $26
STFL
Buy
Finisar price target raised to $26 after Apple award at Stifel
Stifel analyst Patrick Newton raised his price target for Finisar (FNSR) to $26 from $22 after the company announced it will receive $390M from Apple's (AAPL) Advanced Manufacturing Fund for building out its VCSEL production capabilities at its recently purchased Sherman facility. The analyst sees this as a win, and notes it further legitimizes 3D Sensing technology, eliminating any investor concern that Apple may revert to finger print sensors in the future as some data on iPhone X sell through has lagged expectations. He reiterates a Buy rating on Finisar's shares.

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ADS

Alliance Data

$226.51

1.13 (0.50%)

07:35
07/19/18
07/19
07:35
07/19/18
07:35
Hot Stocks
Alliance Data CEO says Q2 'marked the beginning of acceleration in our business' »

Ed Heffernan, president…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 19

    Jul

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    Aug

MSFT

Microsoft

$105.08

-0.92 (-0.87%)

, DIS

Disney

$110.71

0.41 (0.37%)

07:35
07/19/18
07/19
07:35
07/19/18
07:35
Options
Unusual call flow in option market yesterday »

Notable call activity was…

MSFT

Microsoft

$105.08

-0.92 (-0.87%)

DIS

Disney

$110.71

0.41 (0.37%)

CZR

Caesars

$11.50

0.05 (0.44%)

RHT

Red Hat

$148.51

0.99 (0.67%)

OMC

Omnicom

$70.59

-0.1 (-0.14%)

FTI

TechnipFMC

$30.94

0.28 (0.91%)

ETFC

E-Trade

$63.14

2 (3.27%)

HLT

Hilton

$82.92

1.86 (2.29%)

BYD

Boyd Gaming

$37.89

-0.44 (-1.15%)

MT

ArcelorMittal

$30.99

0.665 (2.19%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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    Aug

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    Aug

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    Aug

  • 04

    Sep

AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

, FB

Facebook

$209.35

-0.64 (-0.30%)

07:35
07/19/18
07/19
07:35
07/19/18
07:35
Recommendations
Amazon.com, Facebook, Twitter analyst commentary  »

JPMorgan continues to…

AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

FB

Facebook

$209.35

-0.64 (-0.30%)

TWTR

Twitter

$43.34

-1.36 (-3.04%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 25

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    Sep

ADS

Alliance Data

$226.51

1.13 (0.50%)

07:34
07/19/18
07/19
07:34
07/19/18
07:34
Earnings
Breaking Earnings news story on Alliance Data »

Alliance Data reports Q2…

03/08/13
Wedge Partners
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03/06/13
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03/06/13
Barclays

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  • 19

    Jul

  • 08

    Aug

DPZ

Domino's Pizza

$283.74

1.74 (0.62%)

07:33
07/19/18
07/19
07:33
07/19/18
07:33
Hot Stocks
Domino's Pizza reports Q2 domestic SSS up 6.9% »

Reports Q2 international…

03/08/13
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03/06/13
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03/06/13
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  • 19

    Jul

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    Sep

  • 05

    Oct

MNK

Mallinckrodt

$21.81

0.19 (0.88%)

07:33
07/19/18
07/19
07:33
07/19/18
07:33
Recommendations
Mallinckrodt analyst commentary  »

Mallinckrodt price target…

03/08/13
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03/08/13
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03/06/13
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03/06/13
Barclays

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  • 07

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    Aug

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    Aug

  • 13

    Aug

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    Aug

STBA

S&T Bancorp

$43.96

0.19 (0.43%)

07:33
07/19/18
07/19
07:33
07/19/18
07:33
Earnings
S&T Bancorp reports Q2 EPS 61c, consensus 61c »

Reports Q2 NIM 3.64%.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 19

    Jul

ONDK

On Deck Capital

$8.09

0.6 (8.01%)

07:32
07/19/18
07/19
07:32
07/19/18
07:32
Downgrade
On Deck Capital rating change  »

Morgan Stanley sees On…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 07

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  • 08

    Aug

  • 15

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    Aug

ADS

Alliance Data

$226.51

1.13 (0.50%)

07:32
07/19/18
07/19
07:32
07/19/18
07:32
Earnings
Breaking Earnings news story on Alliance Data »

Alliance Data backs FY18…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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  • 19

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  • 08

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ADS

Alliance Data

$226.51

1.13 (0.50%)

07:31
07/19/18
07/19
07:31
07/19/18
07:31
Earnings
Alliance Data backs FY18 core EPS view $22.50 to $23.00, consensus $22.57 »

CEO Heffernan continued:…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
Barclays

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  • 19

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  • 08

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DPZ

Domino's Pizza

$283.74

1.74 (0.62%)

07:31
07/19/18
07/19
07:31
07/19/18
07:31
Earnings
Domino's Pizza reports Q2 adjusted EPS $1.84, consensus $1.75 »

Reports Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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ADS

Alliance Data

$226.51

1.13 (0.50%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Earnings
Alliance Data reports Q2 core EPS $5.01, consensus $4.66 »

Reports Q2 revenue $1.9B,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 19

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LONE

Lonestar Resources

$10.37

0.42 (4.22%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Initiation
Lonestar Resources initiated  »

Lonestar Resources…

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  • 06

    Aug

CMCSA

Comcast

$34.03

-0.23 (-0.67%)

, FOXA

21st Century Fox

$46.69

0.22 (0.47%)

07:30
07/19/18
07/19
07:30
07/19/18
07:30
Options
Unusual put flow in option market yesterday »

Notable put activity was…

CMCSA

Comcast

$34.03

-0.23 (-0.67%)

FOXA

21st Century Fox

$46.69

0.22 (0.47%)

GM

General Motors

$39.87

-0.185 (-0.46%)

PZZA

Papa John's

$53.60

2.06 (4.00%)

HPQ

HP Inc.

$23.54

-0.06 (-0.25%)

GOGO

Gogo

$3.91

0.15 (3.99%)

MDR

McDermott

$17.97

-0.075 (-0.42%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

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    Jul

SQ

Square

$68.30

-0.02 (-0.03%)

07:28
07/19/18
07/19
07:28
07/19/18
07:28
Upgrade
Square rating change  »

Square upgraded to…

03/08/13
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03/06/13
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  • 01

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MEET

Meet Group

$4.14

0.08 (1.97%)

07:26
07/19/18
07/19
07:26
07/19/18
07:26
Upgrade
Meet Group rating change  »

Meet Group upgraded to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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AMRN

Amarin

$2.86

-0.1 (-3.38%)

07:26
07/19/18
07/19
07:26
07/19/18
07:26
Recommendations
Amarin analyst commentary  »

Amarin's Vascepa…

03/08/13
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JPM

JPMorgan

$111.52

1.01 (0.91%)

07:25
07/19/18
07/19
07:25
07/19/18
07:25
Upgrade
JPMorgan rating change  »

JPMorgan upgraded to Buy…

03/08/13
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03/08/13
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03/06/13
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  • 12

    Oct

EBAY

eBay

$37.95

0.13 (0.34%)

07:25
07/19/18
07/19
07:25
07/19/18
07:25
Recommendations
eBay analyst commentary  »

eBay price target lowered…

03/08/13
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FFIV

F5 Networks

$179.52

2.86 (1.62%)

07:24
07/19/18
07/19
07:24
07/19/18
07:24
Downgrade
F5 Networks rating change  »

Morgan Stanley sees risk…

03/08/13
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  • 25

    Jul

  • 08

    Aug

CMG

Chipotle

$453.56

0.77 (0.17%)

, SBUX

Starbucks

$51.15

-0.12 (-0.23%)

07:24
07/19/18
07/19
07:24
07/19/18
07:24
Recommendations
Chipotle, Starbucks analyst commentary  »

Wedbush cautious on…

CMG

Chipotle

$453.56

0.77 (0.17%)

SBUX

Starbucks

$51.15

-0.12 (-0.23%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Jul

  • 26

    Jul

PTCT

PTC Therapeutics

$35.02

-0.19 (-0.54%)

07:23
07/19/18
07/19
07:23
07/19/18
07:23
Initiation
PTC Therapeutics initiated  »

PTC Therapeutics…

03/08/13
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03/08/13
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03/06/13
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HRTX

Heron Therapeutics

$37.75

-0.35 (-0.92%)

07:22
07/19/18
07/19
07:22
07/19/18
07:22
Recommendations
Heron Therapeutics analyst commentary  »

Heron Therapeutics price…

03/08/13
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03/06/13
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03/06/13
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MTB

M&T Bank

$174.38

5.77 (3.42%)

07:20
07/19/18
07/19
07:20
07/19/18
07:20
Recommendations
M&T Bank analyst commentary  »

M&T Bank price target…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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07:20
07/19/18
07/19
07:20
07/19/18
07:20
General news
Treasury Market Outlook: Treasury yields have extended slightly higher »

Treasury Market Outlook:…

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