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TEUM

Pareteum

$1.57

0.2999 (23.61%)

, BTC

Bitcoin

14:15
12/26/17
12/26
14:15
12/26/17
14:15

Pareteum surges after blockchain announcement

Pareteum (TEUM) surged after announcing that it has completed development enabling it to add support of blockchain technology to its billing and settlement services, which it said will allow its customers to "participate in the transformational 'Digital Economy Monetization to the Cloud' and now accept and process Bitcoin, Ethereum, Litecoin, Airtokens and other forms of cryptocurrencies." Shares of the stock, which were halted prior to the company making its announcement, have reopened for trade and surged 77c, or 60%, to $2.04. CRYPTO TREND: Cryptocurrency revenues have been pointed to as reasons to be bullish on Advanced Micro Devices (AMD) and Nvidia (NVDA) in select research. Overstock (OSTK), Digital Power (DPW), Long Blockchain (LTEA), Seven Stars Cloud Group (SSC), Riot Blockchain (RIOT), Longfin (LFIN) and Social Reality (SRAX) are other stocks that have been touted, or promoted themselves, as a way to play the crypto theme.

TEUM

Pareteum

$1.57

0.2999 (23.61%)

BTC

Bitcoin

BITCOIN

Bitcoin

OSTK

Overstock.com

$65.75

-1.7 (-2.52%)

DPW

DPW Holdings

$4.25

0.14 (3.41%)

LTEA

Ticker changed to LBCC

$6.01

-0.9 (-13.02%)

RIOT

Riot Blockchain

$24.52

-3.08 (-11.16%)

LFIN

Longfin

$41.00

-4.91 (-10.69%)

SSC

Seven Stars Cloud Group

$5.34

0.04 (0.75%)

TEUM Pareteum
$1.57

0.2999 (23.61%)

BTC Bitcoin

11/27/17
11/27/17
DOWNGRADE
Target $30

Sell
BTIG says sell Square after 'overdone' bitcoin-fueled rally
As previously reported, BTIG analyst Mark Palmer downgraded Square (SQ) to Sell from Neutral, as he believes the stock's valuation reflects "emphatic and unimpeded growth" but fails to factor in the risks facing the company from increasing competition from First Data's (FDC) Clover, Vantiv (VNTV) and others. Other concerns, such as macroeconomic and credit-related risks, "did not go away when some investors suddenly viewed its shares as a play on a trendy cryptocurrency" following the company's confirmation that it is testing allowing users to buy and sell bitcoin using its app, Palmer tells investors. He has a $30 price target on Square shares, which closed Friday at $48.86.
11/29/17
STPT
11/29/17
NO CHANGE
STPT
Standpoint raises 2018 bitcoin price target to $20,000 from $14,000
Standpoint Research analyst Ronnie Moas raised his 2018 price target for bitcoin to $20,000 from $14,000. The current price is around $10,720 and the split-adjusted price is now $12,740 when factoring in Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond, Moas tells investors in an intraday email. There is "no way to justify" gold investments equaling 40 times than that of bitcoin, the analyst argues. He thinks an argument can be made that bitcoin will be equal to gold in 10-15 years. Currently, gold has $7T in investments to bitcoin's $180B, according to Moas.
12/07/17
MSCO
12/07/17
NO CHANGE
MSCO
Morgan Stanley says TD Ameritrade most likely discount broker to embrace bitcoin
Given recent regulatory approval and the upcoming launch of bitcoin futures trading on CME (CME) and CBOE (CBOE), Morgan Stanley analyst Michael Cyprys said he expects discount brokers including E-Trade (ETFC), TD Ameritrade (AMTD) and Ally Financial (ALLY) to offer bitcoin futures trading within the next few months. Among them, he views TD Ameritrade as most likely to embrace bitcoin and lead the way and Charles Schwab (SCHW) as likely to be a latecomer. Cyprys added that he was surprised, given its status as a "challenger brand," that E-Trade has said it will take "a wait-and-see" approach.
12/07/17
STPT
12/07/17
NO CHANGE
STPT
Standpoint raises 2018 bitcoin price target to $28,000 from $20,000
Standpoint Research analyst Ronnie Moas this morning raised his 2018 price target for bitcoin to $28,000 from $20,000. Just over a week ago the analyst raised his 2018 target to $20,000 from $14,000. Moas points out that his longer term public target remains $50,000. He points out in an email that unlike the U.S. dollar, where the government can print money, the supply of bitcoin is capped. We are a couple of years away from being in a situation where hundreds of millions of people around the world are trying to get their hands on a few million bitcoin, Moas contends.
BITCOIN Bitcoin

12/20/17
PIPR
12/20/17
NO CHANGE
Target $46
PIPR
Neutral
Piper ups Metropolitan Bank estimates on cryptocurrency exposure
Piper Jaffray analyst Matthew Breese raised his earnings estimates for Metropolitan Bank by 6% after the company detailed its exposure to a cryptocurrency exchange. Metropolitan's exposure to a cryptocurrency exchange averaged $245M in Q3, or 16% of total deposits, Breese tells investors in a research note. He estimate these items aggregate to 7% of net interest income and 9%-11% of earnings. Yesterday's disclosure is important on both the impact of earnings, the percentage of deposits tied to one customer, and that the bank has exposure to a "controversial industry," Breese tells investors in a research note. The analyst, despite raising his earnings estimates, keeps a Neutral rating on Metropolitan Bank shares with a $46 price target. He views the company's cryptocurrency exposure as a "double-edged sword for the stock." On the one hand, cryptocurrencies represent a "unique source of potential earnings growth" for Metropolitan, Breese writes. On the other, the volatility and potential regulatory concerns surrounding cryptocurrencies may cause some trepidation for traditional depository investors, the analyst adds.
OSTK Overstock.com
$65.75

-1.7 (-2.52%)

11/09/17
DADA
11/09/17
NO CHANGE
Target $85
DADA
Buy
Overstock.com price target raised to $87 from $57 at DA Davidson
11/09/17
DADA
11/09/17
NO CHANGE
Target $85
DADA
Overstock.com price target raised to $87 on a potential sale at DA Davidson
DA Davidson analyst Tom Forte raised Buy rated Overstock's price target to $87 from $57 following management comments indicating it was considering strategic alternatives for its home e-commerce business. The analyst believes there is potential to unlock value in its two most significant assets, home e-commerce and Medici Ventures. Forte said his new price target reflects a $58 valuation for the home e-commerce business and $27 for Medici Ventures.
12/01/17
DADA
12/01/17
NO CHANGE
Target $85
DADA
Buy
Overstock.com offers a lot of value, says DA Davidson
DA Davidson analyst Tom Forte keeps his Buy rating and $85 price target on Overstock.com despite the 26% decline in stock price since Friday. Forte says his price target includes $58 valuation for the home e-commerce business based on the price that QVC (QVCA) paid for Zulily in 2015, and $27 for the Medici Ventures subsidiary. The analyst says that much like the "strategic" QVC acquisition, the purchase of Overstock.com e-commerce business could provide a lot of value to larger firms like T.J. Maxx (TJX) or Costco (COST).
12/06/17
BARD
12/06/17
NO CHANGE
BARD
Baird identifies 13 areas of opportunity for Blockchain technology
Baird analyst Colin Sebastian has identified 13 areas of opportunity for Blockchain technology to have an impact. He sees Blockchain as platform enhancing in IoT, virtual goods, cloud storage, online gaming, and eSports. He sees the Blockchain as platform disruptive in online marketing, e-commerce, ride-sharing, digital music/media, and peer-to-peer payments. Sebastian believes technology companies will be talking more about it as they become more engaged in the areas he has mentioned and noted companies such as Amazon (AMZN), Oracle (ORCL) and VMware (VMW) have already recruited engineers with Blockchain experience.
DPW DPW Holdings
$4.25

0.14 (3.41%)

LTEA Ticker changed to LBCC
$6.01

-0.9 (-13.02%)

RIOT Riot Blockchain
$24.52

-3.08 (-11.16%)

LFIN Longfin
$41.00

-4.91 (-10.69%)

SSC Seven Stars Cloud Group
$5.34

0.04 (0.75%)

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JEF

Jefferies Financial Group

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MYO

Myomo

$3.28

-0.02 (-0.61%)

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SKY

Skyline

$29.22

-0.56 (-1.88%)

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BX

Blackstone

$31.79

-0.08 (-0.25%)

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Detroit Economic Club to hold a luncheon »

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WHR

Whirlpool

$164.63

0.3 (0.18%)

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HFC

HollyFrontier

$73.67

0.75 (1.03%)

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JD

JD.com

$36.72

0.35 (0.96%)

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UNP

Union Pacific

$144.26

1.36 (0.95%)

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NCR

NCR Corp.

$30.75

-0.4 (-1.28%)

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MCRB

Seres Therapeutics

$8.12

0.16 (2.01%)

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OKTA

Okta

$49.49

0.99 (2.04%)

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INTU

Intuit

$196.15

5.74 (3.01%)

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CIT

CIT Group

$55.27

-0.06 (-0.11%)

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EDU

New Oriental Education

$101.38

4.82 (4.99%)

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TAL

TAL Education

$43.74

1.11 (2.60%)

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PBR

Petrobras

$15.10

-0.6 (-3.82%)

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PBR

Petrobras

$15.10

-0.6 (-3.82%)

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