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SNAP

Snap

$14.50

-0.09 (-0.62%)

05:30
01/08/18
01/08
05:30
01/08/18
05:30

Snap downgraded to Hold from Buy at Jefferies

Jefferies analyst Brent Thill downgraded Snap to Hold with an unchanged price target of $15. The camera company closed Friday down 9c to $14.50. The analyst continues to have optimism around Snap's platform, but believes "fundamental execution needs to be shown" before he can be more positive on the name. Some negatives behind the app redesign could "lead to some turbulence in usage and adoption when rolled out," Thill tells investors in a research note. The analyst views the shares, currently trading at 18 times his 2018 revenue estimate, as fully valued.

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    Feb

SNAP Snap
$14.50

-0.09 (-0.62%)

12/05/17
EVER
12/05/17
INITIATION
Target $7
EVER
Underperform
Snap initiated with an Underperform at Evercore ISI
As reported earlier, Evercore ISI analyst Anthony DiClemente initiated Snap with an Underperform rating and a price target of $7. DiClemente contends that consensus revenue estimates "appear increasingly unrealistic" amid growing direct competition from Instagram. The analyst is also concerned that profitability may prove to be challenging because of the company's reliance on 3rd party hosting and premium content.
01/04/18
COWN
01/04/18
DOWNGRADE
Target $11
COWN
Underperform
Snap downgraded to Underperform from Market Perform at Cowen
Cowen analyst John Blackledge downgraded Snap to Underperform and cut its price target o $11 after reducing 2018-2022 estimates. Blackledge's Ad Buyer Survey results for Snap were mixed with modest share gains of Social/Video budgets in 2018/19 despite ranking ROI, data, and targeting ranking the lowest. Survey Ad buyers preferred Instagram Stories ads versus Snap Ads, despite the firjm's consumer survey suggesting rising SNAP user engagement in 2017 and higher user sharing and video/photo viewing.
01/04/18
01/04/18
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. Roku (ROKU) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Benjamin Swinburne telling investors that he believes the market has overreacted following the company's stronger than expected third quarter results. 2. Snap (SNAP) downgraded to Underperform from Market Perform at Cowen with analyst John Blackledge saying Blackledge's Ad Buyer Survey results for Snap were mixed with modest share gains of Social/Video budgets in 2018/19 despite ranking ROI, data, and targeting ranking the lowest. 3. Western Digital (WDC) downgraded to Market Perform from Outperform at BMO Capital with analyst Tim Long saying the near-term fundamentals for the company remain healthy, but limited upside for growth in margins and revenue due to a more balanced supply-demand will keep the stock in a trading range. 4. Tableau (DATA) downgraded to Sector Weight from Overweight at KeyBanc with analyst Brent Bracelin saying the risk/reward is more balanced following the 64% rise in shares in 2017. 5. MasterCard (MA) downgraded to Outperform from Top Pick at RBC Capital with analyst Daniel Perlin saying the stock was a "monster" in 2017 with a 47% rise, and his investment thesis of accelerating top-line growth, tailwinds from higher oil prices and favorable FX, and global conversion to electronic payments remains in place. The analyst attributes the downgrade to "repositioning group headings" going into FY18. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/05/18
SBSH
01/05/18
NO CHANGE
Target $1400
SBSH
Buy
Citi names Amazon top Internet pick for 2018, ups target to $1,400
Citi analyst Mark May remains bullish on the consumer Internet sector, especially over the near term. The analyst believes a "positive, tax reform fueled, business climate" should benefit the end-markets of the companies in the space. After outperformance in 2017, however, he recommends being more selective in 2018. Amazon.com (AMZN) moves up a spot to become his top-ranked pick for 2018. May sees the combination of greater than 30% sales growth, margin expansion and the current valuation as a "compelling mix." He raised his price target for Amazon shares to $1,400 from $1,250. May's most- to least-favored stocks under coverage, in order, are: Amazon, Expedia (EXPE), Facebook (FB), Priceline (PCLN), Alphabet (GOOGL), eBay (EBAY), Yelp (YELP), Twitter (TWTR), TripAdvisor (TRIP), Netflix (NFLX), GrubHub (GRUB), GoDaddy (GDDY), Despegar.com (DESP), trivago (TRVG), LendingClub (LC), Wayfair (W), Snap (SNAP), Zillow (ZG), Blue Apron (APRN) and Roku (ROKU), which he downgraded this morning to Sell.

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SNE

Sony

$51.00

0.2 (0.39%)

, AAPL

Apple

$177.00

-1.46 (-0.82%)

14:25
01/23/18
01/23
14:25
01/23/18
14:25
Downgrade
Sony, Apple rating change  »

Sony downgraded to…

SNE

Sony

$51.00

0.2 (0.39%)

AAPL

Apple

$177.00

-1.46 (-0.82%)

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EXAS

Exact Sciences

$48.49

0.67 (1.40%)

14:25
01/23/18
01/23
14:25
01/23/18
14:25
Options
EXACT Sciences call volume above normal and directionally bullish »

Bullish option flow…

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  • 26

    Feb

MAT

Mattel

$16.09

-0.05 (-0.31%)

, HAS

Hasbro

$90.86

-1.7 (-1.84%)

14:22
01/23/18
01/23
14:22
01/23/18
14:22
Hot Stocks
Breaking Hot Stocks news story on Mattel, Hasbro »

Mattel, Hasbro rally to…

MAT

Mattel

$16.09

-0.05 (-0.31%)

HAS

Hasbro

$90.86

-1.7 (-1.84%)

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FB

Facebook

$185.37

4.08 (2.25%)

14:18
01/23/18
01/23
14:18
01/23/18
14:18
Hot Stocks
Facebook CMO leaving to advise other companies, help Democratic Party »

In a status update, Gary…

03/08/13
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$NSD

NASDAQ Market Internals

14:17
01/23/18
01/23
14:17
01/23/18
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

14:16
01/23/18
01/23
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01/23/18
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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W

Wayfair

$89.35

-1.29 (-1.42%)

14:15
01/23/18
01/23
14:15
01/23/18
14:15
Options
Wayfair put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 22

    Feb

TWTR

Twitter

$22.84

-0.5 (-2.14%)

14:13
01/23/18
01/23
14:13
01/23/18
14:13
Recommendations
Twitter analyst commentary  »

Noto departure…

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AAPL

Apple

$177.00

-1.46 (-0.82%)

14:10
01/23/18
01/23
14:10
01/23/18
14:10
Periodicals
KGI's Kuo says Apple's next iPhone to have no 3D touch, MacRumors reports »

Apple may launch a…

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  • 01

    Feb

SNE

Sony

$51.80

0.995 (1.96%)

14:10
01/23/18
01/23
14:10
01/23/18
14:10
Downgrade
Sony rating change  »

Sony downgraded to…

03/08/13
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  • 25

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14:10
01/23/18
01/23
14:10
01/23/18
14:10
General news
U.S. equities cooled off from record highs »

U.S. equities cooled off…

BTC

Bitcoin

, BITCOIN

Bitcoin

14:09
01/23/18
01/23
14:09
01/23/18
14:09
Hot Stocks
Stripe says ending Bitcoin support »

Tom Karlo, Stripe's…

BTC

Bitcoin

BITCOIN

Bitcoin

03/08/13
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REG

Regency Centers

$64.46

0.15 (0.23%)

14:08
01/23/18
01/23
14:08
01/23/18
14:08
Hot Stocks
Regency Centers acquires Whole Foods Market-anchored center in New Jersey »

Regency Centers …

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  • 09

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TEVA

Teva

$20.80

-0.22 (-1.05%)

, JNJ

Johnson & Johnson

$142.63

-5.51 (-3.72%)

14:06
01/23/18
01/23
14:06
01/23/18
14:06
Hot Stocks
NYC sues drug manufacturers, distributors over opioid epidemic »

New York City Mayor Bill…

TEVA

Teva

$20.80

-0.22 (-1.05%)

JNJ

Johnson & Johnson

$142.63

-5.51 (-3.72%)

ENDP

Endo

$7.31

0.2 (2.81%)

MCK

McKesson

$171.56

-1.405 (-0.81%)

CAH

Cardinal Health

$73.46

-0.05 (-0.07%)

ABC

AmerisourceBergen

$102.96

0.3 (0.29%)

03/08/13
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SHLD

Sears

$3.45

-0.18 (-4.96%)

14:05
01/23/18
01/23
14:05
01/23/18
14:05
Hot Stocks
Fitch downgrades Sears Holdings to 'C' on distressed debt exchange announcement »

Fitch Ratings has…

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FOLD

Amicus

$15.97

0.07 (0.44%)

14:05
01/23/18
01/23
14:05
01/23/18
14:05
Options
Amicus call volume above normal and directionally bullish »

Bullish option flow…

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NSC

Norfolk Southern

$150.81

-0.66 (-0.44%)

14:03
01/23/18
01/23
14:03
01/23/18
14:03
Hot Stocks
Breaking Hot Stocks news story on Norfolk Southern »

Norfolk Southern trading…

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  • 24

    Jan

DIS

Disney

$110.10

-1 (-0.90%)

14:01
01/23/18
01/23
14:01
01/23/18
14:01
Hot Stocks
Disney to give over 125,000 employees one-time $1,000 cash bonus »

Disney chairman and CEO…

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  • 06

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JNJ

Johnson & Johnson

$142.74

-5.4 (-3.65%)

14:00
01/23/18
01/23
14:00
01/23/18
14:00
Hot Stocks
Johnson & Johnson Remicade patent loss upheld on appeal »

The United States Court…

03/08/13
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  • 23

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NVS

Novartis

$87.03

0.03 (0.03%)

, CMCSA

Comcast

$42.89

0.39 (0.92%)

13:59
01/23/18
01/23
13:59
01/23/18
13:59
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

NVS

Novartis

$87.03

0.03 (0.03%)

CMCSA

Comcast

$42.89

0.39 (0.92%)

GE

General Electric

$16.87

0.7034 (4.35%)

UTX

United Technologies

$135.42

0.2064 (0.15%)

ABT

Abbott

$59.32

-0.2501 (-0.42%)

GD

General Dynamics

$207.58

-0.62 (-0.30%)

ITW

Illinois Tool Works

$172.75

-0.645 (-0.37%)

NSC

Norfolk Southern

$150.90

-0.57 (-0.38%)

BHGE

Baker Hughes

$35.81

0.26 (0.73%)

PGR

Progressive

$57.18

-1.04 (-1.79%)

RCL

Royal Caribbean

$127.33

-1.37 (-1.06%)

SWK

Stanley Black & Decker

$174.31

-0.92 (-0.53%)

ROK

Rockwell Automation

$206.01

2.075 (1.02%)

NTRS

Northern Trust

$107.43

0.94 (0.88%)

GWW

Grainger

$230.43

0.57 (0.25%)

ROL

Rollins

$47.90

0.02 (0.04%)

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TXN

Texas Instruments

$119.44

2.61 (2.23%)

, COF

Capital One

$105.09

-0.4 (-0.38%)

13:59
01/23/18
01/23
13:59
01/23/18
13:59
Earnings
Notable companies reporting after market close »

Notable companies…

TXN

Texas Instruments

$119.44

2.61 (2.23%)

COF

Capital One

$105.09

-0.4 (-0.38%)

UAL

United Continental

$77.39

0.52 (0.68%)

TSS

TSYS

$83.64

-0.11 (-0.13%)

NAVI

Navient

$13.52

-0.08 (-0.59%)

CREE

Cree

$36.69

0.4 (1.10%)

FUL

H.B. Fuller

$55.11

0.22 (0.40%)

03/08/13
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  • 23

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    Jan

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    Jan

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    Mar

CMCSA

Comcast

$42.89

0.39 (0.92%)

13:57
01/23/18
01/23
13:57
01/23/18
13:57
Technical Analysis
Technical Earnings Preview: Comcast in stable price channel ahead of news »

Shares have been trading…

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  • 24

    Jan

WHR

Whirlpool

$172.58

5.93 (3.56%)

, SSNLF

Samsung

13:50
01/23/18
01/23
13:50
01/23/18
13:50
Hot Stocks
Trump Effect: Whirlpool, solar stocks moving after new import tariffs »

Shares of Whirlpool (WHR)…

WHR

Whirlpool

$172.58

5.93 (3.56%)

SSNLF

Samsung

JKS

JinkoSolar

$21.74

-1.63 (-6.97%)

JASO

JA Solar

$7.46

-0.01 (-0.13%)

FSLR

First Solar

$68.96

-1.07 (-1.53%)

TSLA

Tesla

$351.56

1.54 (0.44%)

RUN

Sunrun

$6.04

0.1 (1.68%)

VSLR

Vivint Solar

$3.78

0.225 (6.34%)

SPWR

SunPower

$8.72

0.07 (0.81%)

CSIQ

Canadian Solar

$15.77

-0.03 (-0.19%)

YGE

Yingli Green Energy

$1.82

-0.0699 (-3.70%)

SEDG

SolarEdge

$34.75

-0.45 (-1.28%)

ENPH

Enphase Energy

$1.97

0.02 (1.03%)

SKYS

Sky Solar

$1.21

-0.12 (-9.02%)

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CCL

Carnival

$69.03

0.17 (0.25%)

13:50
01/23/18
01/23
13:50
01/23/18
13:50
Options
Carnival Cruise weekly call buyer as shares tick higher »

Carnival Cruise weekly…

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PAYX

Paychex

$69.70

0.21 (0.30%)

, MTB

M&T Bank

$189.46

0.7 (0.37%)

13:47
01/23/18
01/23
13:47
01/23/18
13:47
Periodicals
Paychex founder open to merger talks with M&T Bank, Buffalo Chronicle says »

In a report published…

PAYX

Paychex

$69.70

0.21 (0.30%)

MTB

M&T Bank

$189.46

0.7 (0.37%)

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