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FB

Facebook

$187.77

-0.07 (-0.04%)

, TWTR

Twitter

$24.35

0.1 (0.41%)

06:49
01/12/18
01/12
06:49
01/12/18
06:49

Facebook shares dip following Zuckerberg post about seeing less public content

Facebook CEO Mark Zuckerberg posted an announcement to his Facebook profile which explained that he is directing his product teams to change the way that they build Facebook to focus more on "meaningful social interactions" rather than relevant content. WHAT THIS MEANS: Zuckerberg explained that Facebook users will see less public content from businesses, brands, and media. The changes will take months to implement and the first changes will be in the Facebook News Feed, where you can expect to see more from your friends, family and groups. EXPERT OPINION: Social Media Examiner's CEO Michael Stelzner held a Facebook Live broadcast breaking down the announcement and said this is "the end of organic reach" and will affect marketers and business page owners who either post too much or have little-to-no engagements and interactions on their posts. PRICE ACTION: Shares of Facebook are down 4% to $180.21 per share in pre-market trading. OTHERS TO WATCH: Twitter (TWTR) is up 1.4% to $24.70 and Snap (SNAP) is down 2.5% after being downgraded to Underperform from Market Perform at Raymond James.

FB

Facebook

$187.77

-0.07 (-0.04%)

TWTR

Twitter

$24.35

0.1 (0.41%)

SNAP

Snap

$14.60

-0.05 (-0.34%)

  • 23

    Jan

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    Jan

  • 06

    Feb

  • 07

    Feb

FB Facebook
$187.77

-0.07 (-0.04%)

01/09/18
RSBL
01/09/18
NO CHANGE
RSBL
Applied Optoelectronics may lose share at Facebook, Amazon.com, says Rosenblatt
Rosenblatt analyst Jun Zhang said Applied Optoelectronics (AAOI) may be losing share to InnoLight at Facebook (FB) and Amazon.com (AMZN).
01/10/18
WBLR
01/10/18
NO CHANGE
WBLR
Outperform
Facebook added to Current Better Values List at William Blair
01/10/18
JPMS
01/10/18
NO CHANGE
Target $1385
JPMS
Overweight
Amazon can be $1 trillion company over time, says JPMorgan
Amazon.com (AMZN) has the potential to be a $1 trillion dollar company over time, as it remains early in the e-commerce and cloud secular shifts, JPMorgan analyst Doug Anmuth tells investors in a research note. The shares closed yesterday up $5.83 to $1,252.70, which represents a market capitalization of around $603 billion. The analyst says Amazon is investing in more major growth opportunities than any other company he covers. Anmuth views Amazon as a top pick for 2018 and upped his price target for the shares to $1,385 from $1,375. He reiterates an Overweight rating on the name. Amazon shares increased 56% in 2017, more than Netflix (NFLX), Facebook (FB) and Alphabet (GOOG, GOOGL), Anmuth points out. He thinks Amazon will outperform again in 2018.
01/08/18
BOFA
01/08/18
NO CHANGE
Target $230
BOFA
Buy
Facebook remains a top pick in online advertising for 2018 at BofA/Merrill
BofA/Merrill analyst Justin Post said Facebook remains his top pic in online advertising for 2018 as he expects the company to benefit from strong ad pricing growth, further monetization of Instagram, messaging, and video, and sees potential earnings upside and attractive valuation. Post raised his 2018 online ad spend growth forecast to 15% from 13%, and his US ad spend estimate to $95B from $91B. The analyst rates Facebook a Buy with a $230 price target.
TWTR Twitter
$24.35

0.1 (0.41%)

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.
01/11/18
01/11/18
NO CHANGE
Target $27

Overweight
JPMorgan still positive on Twitter despite 41% rally since Q3 report
JPMorgan analyst Doug Anmuth remains positive on Twitter shares despite the 41% rally since the company's Q3 earnings report in late October. While shares are "not cheap" at 13 times 2019 estimated EBITDA, Twitter's increasing traction with both users and advertisers will drive upside to 2018 consensus, Anmuth tells investors in a research note. The analyst calls Twitter a favorite smid-cap idea for 2018 and keeps an Overweight rating on the name with a $27 price target.
01/08/18
JPMS
01/08/18
NO CHANGE
Target $230
JPMS
Overweight
JPMorgan calls Facebook best idea for 2018, ups target to $230
JPMorgan analyst Doug Anmuth calls Facebook (FB) his best idea for 2018 and raised his price target for the shares to $230 from $225. The social media giant closed Friday up $2.52 to $186.85. The analyst's favorite names for 2018 are Facebook, Priceline (PCLN) and Amazon (AMZN) among large-caps and Twitter (TWTR) and Yelp (YELP) among smid-caps. Facebook continues to show a "rare and impressive" combination of scale, growth and profitability, Anmuth tells investors in a research note. The analyst expects continued strong engagement and highlights the "rapid growth" at Instagram, which he believes could double over time and ultimately approach core Facebook platform scale. He keeps an Overweight rating on the shares.
01/08/18
SBSH
01/08/18
NO CHANGE
SBSH
Citi Q4 checks positive for Facebook and Twitter, mixed for Snap
Citi analyst Mark May says his early Q4 channel checks with two social marketing platforms, 4C Insights and Kenshoo, are positive for both Facebook (FB) and Twitter (TWTR) and mixed for Snap (SNAP). Jefferies this morning downgraded Snap to Hold from Buy. Citi's checks suggest that growth in spend across the Facebook platform remains strong and that the company's Q4 revenue could exceed consensus forecasts, May tells investors in a research note. 4C's data also suggests potential upside to Twitter (TWTR) revenue forecasts, and "potential disappointing revenue results" from Snap, May adds. While 4C just started supporting Snapchat in the second half of 2016, making its year-over-year unreliable, its data show client spend on the platform increased 22% sequentially Q4 as compared with 38% sequential growth in Q3, the analyst adds. He believes this suggests a potential Q4 revenue miss from Snap.
SNAP Snap
$14.60

-0.05 (-0.34%)

01/12/18
RAJA
01/12/18
DOWNGRADE
RAJA
Underperform
Snap downgraded to Underperform from Market Perform at Raymond James
01/08/18
01/08/18
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. GoPro (GPRO) downgraded to Neutral from Buy at Longbow with analyst Joe Wittine saying his channel checks confirmed the holidays missed the company's plan and late quarter $100 price cuts were not enough to save the quarter. 2. Snap (SNAP) downgraded to Hold from Buy at Jefferies with analyst Brent Thill saying he 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. 3. Cirrus Logic (CRUS) downgraded to Sector Weight from Overweight at KeyBanc with analyst John Vinh citing his "disappointment" with the current iPhone cycle and the lack of meaningful content gains until 2019. 4. Pandora (P) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Benjamin Swinburne noting that the company's core free product has not evolved meaningfully and faces continued innovation by Spotify, Apple (AAPL) and Amazon (AMZN) while also being pressured by free music available on Google's (GOOG) YouTube. 5. GrubHub (GRUB) downgraded to Neutral from Outperform at Wedbush with analyst Aaron Turner saying that while he continues to like the company's market opportunity and competitive positioning, the current peak valuation of shares accurately reflects these positive dynamics. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/08/18
JEFF
01/08/18
DOWNGRADE
Target $15
JEFF
Hold
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.

TODAY'S FREE FLY STORIES

CDAY

Ceridian

$34.31

-0.885 (-2.51%)

05:16
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MDSO

Medidata

$75.53

-0.45 (-0.59%)

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VIRT

Virtu Financial

$29.10

-0.7 (-2.35%)

05:03
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KRO

Kronos Worldwide

$24.77

-0.165 (-0.66%)

04:59
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05/23
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04:59
Upgrade
Kronos Worldwide rating change  »

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DSW

DSW

$25.64

0.04 (0.16%)

, JWN

Nordstrom

$45.79

-0.05 (-0.11%)

04:56
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05/23
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04:56
Downgrade
DSW, Nordstrom rating change  »

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DSW

DSW

$25.64

0.04 (0.16%)

JWN

Nordstrom

$45.79

-0.05 (-0.11%)

03/08/13
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  • 29

    May

PLAB

Photronics

$9.05

0.6 (7.10%)

04:55
05/23/18
05/23
04:55
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04:55
Conference/Events
Photronics to hold an analyst and investor event »

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  • 23

    May

TMO

Thermo Fisher

$217.88

1.2 (0.55%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
Thermo Fisher to host analyst meeting »

Analyst meeting to be…

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  • 23

    May

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    May

CAFD

8point3 Energy

$12.19

(0.00%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
8point3 Energy to host special shareholder meeting »

Special shareholder…

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  • 23

    May

WST

West Pharmaceutical

$90.09

-0.04 (-0.04%)

04:55
05/23/18
05/23
04:55
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04:55
Conference/Events
West Pharmaceutical management to meet with Jefferies »

Meeting to be held in San…

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  • 23

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FMBI

First Midwest

$26.40

0.25 (0.96%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
First Midwest management to meet with Piper Jaffray »

Meeting to be held in…

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03/06/13
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  • 23

    May

SRDX

Surmodics

$49.10

0.8 (1.66%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
Surmodics management to meet with Barrington »

Meetings to be held in…

03/08/13
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03/06/13
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  • 23

    May

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    Jun

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    Jun

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    Jun

OTEX

OpenText

$34.21

0.11 (0.32%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
OpenText management to meet with Benchmark »

Meeting to be held in…

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03/06/13
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  • 23

    May

04:55
05/23/18
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General news
Breaking General news story  »

FOMC Minutes to be…

WD

Walker & Dunlop

$56.00

-0.1 (-0.18%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
Walker & Dunlop management to meet with JMP Securities »

Meetings to be held in…

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03/06/13
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  • 23

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    May

WWE

WWE

$56.88

-0.98 (-1.69%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
WWE management to meet with MKM Partners »

Meeting to be held in…

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  • 23

    May

BMCH

BMC Stock Holdings

$19.75

-0.7 (-3.42%)

04:55
05/23/18
05/23
04:55
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04:55
Conference/Events
BMC Stock Holdings management to meet with Stephens »

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03/06/13
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  • 23

    May

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    May

LOGI

Logitech

$40.86

0.15 (0.37%)

04:55
05/23/18
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04:55
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Conference/Events
Logitech management to meet with Citi »

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03/06/13
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  • 23

    May

04:55
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General news
Breaking General news story  »

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MTOR

Meritor

$21.94

-0.2 (-0.90%)

04:55
05/23/18
05/23
04:55
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04:55
Conference/Events
Meritor management to meet with RBC Capital »

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  • 23

    May

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    Jun

GGG

Graco

$46.70

-0.64 (-1.35%)

04:55
05/23/18
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04:55
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04:55
Conference/Events
Graco management to meet with Oppenheimer »

Meeting to be held in…

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  • 23

    May

SSRM

SSR Mining

$10.28

-0.02 (-0.19%)

04:55
05/23/18
05/23
04:55
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04:55
Conference/Events
SSR Mining management to meet with Jefferies »

Meeting to be held in…

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03/06/13
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  • 23

    May

NVEE

NV5 Global

$60.05

-0.55 (-0.91%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
NV5 Global management to meet with Lake Street »

Meetings to be held in…

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  • 23

    May

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    Jun

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    Jun

QTM

Quantum

$3.65

0.025 (0.69%)

04:55
05/23/18
05/23
04:55
05/23/18
04:55
Conference/Events
Quantum management to meet with Lake Street »

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  • 23

    May

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    May

WERN

Werner

$38.30

-0.7 (-1.79%)

, USAK

USA Truck

$23.19

-3.3 (-12.46%)

04:55
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04:55
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Conference/Events
Wolfe Research to hold a conference »

11th Annual Global…

WERN

Werner

$38.30

-0.7 (-1.79%)

USAK

USA Truck

$23.19

-3.3 (-12.46%)

LKQ

LKQ Corp.

$30.14

-0.62 (-2.02%)

03/08/13
Wedge Partners
03/08/13
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  • 23

    May

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    Jun

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    Jun

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    Jun

AGS

PlayAGS

$22.83

-0.21 (-0.91%)

, BYD

Boyd Gaming

$36.45

-0.54 (-1.46%)

04:55
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SunTrust to hold a bus tour »

Casino Bus tour travels…

AGS

PlayAGS

$22.83

-0.21 (-0.91%)

BYD

Boyd Gaming

$36.45

-0.54 (-1.46%)

CZR

Caesars

$12.65

-0.2 (-1.56%)

RRR

Red Rock Resorts

$34.09

-0.54 (-1.56%)

LGND

Ligand

$187.19

1.95 (1.05%)

03/08/13
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03/06/13
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    May

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