Breaking News Instant updates and real-time market news.

AAPL

Apple

$178.46

-0.8 (-0.45%)

11:10
01/22/18
01/22
11:10
01/22/18
11:10

KGI's Kuo says Apple will discontinue first-generation iPhone X, MacRumors says

Apple will discontinue its first-generation iPhone X when launching its second-generation model in 2H18 instead of reducing the price as the device would likely cannibalize sales of its mid-range 6.1-inch LCD iPhone with Face ID, MacRumors reports, citing a research note by KGI's Ming-Chi Kuo. Kuo, who believes the 6.1-inch model will sell between $650 and $750 in the U.S., said, "iPhone X would hurt product brand value & lineup of 2H18 new models if it continues to sell at a lower price after 2H18 new models launch: Lowering iPhone Xs price after the 2H18 new models launch would be a negative to product brand value given 3D sensing and OLED display are features of the new high-price model. Additionally, to sell iPhone X at a lower price may have a negative impact on shipments of the new 6.1" LCD iPhone in 2H18. Thus, we estimate iPhone X will reach end-of-life around the middle of 2018." Reference Link

  • 01

    Feb

AAPL Apple
$178.46

-0.8 (-0.45%)

01/22/18
ATLE
01/22/18
DOWNGRADE
ATLE
Neutral
Apple downgraded to Neutral from Overweight at Atlantic Equities
01/22/18
WELS
01/22/18
NO CHANGE
Target $195
WELS
Market Perform
Wells Fargo maintains tempered view on Apple iPhone upside
Wells Fargo analyst Aaron Rakers maintains a tempered view on Apple's iPhone product cycle as his checks/analysis leaves him to consider muted upgrade trends in mature markets and overall weak smartphone demand data points in China. Nonetheless, the analyst expects Apple to again report strong service growth. He reiterates a Market Perform rating and $195 price target on the shares.
01/22/18
01/22/18
DOWNGRADE
Target $190

Neutral
Apple downgraded on worries about current, future iPhones at Atlantic Equities
As previously reported, Atlantic Equities analyst James Cordwell downgraded Apple to Neutral from Overweight citing signs that iPhone demand is beginning to soften and emerging challenges to the smartphone's dominance. While Cordwell thinks robust iPhone demand and a favorable iPhone X mix in the December quarter, or Apple's fiscal Q1, make quarterly upside likely, he also fears much of this strength was pull forward of demand and sees a risk that Q2 guidance will fall short, he tells investors. Cordwell keeps his $190 price target on Apple shares.
01/22/18
01/22/18
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. Apple (AAPL) downgraded to Neutral from Overweight at Atlantic Equities with analyst James Cordwell citing signs that iPhone demand is beginning to soften and emerging challenges to the smartphone's dominance. 2. General Electric (GE) downgraded to Neutral from Buy at BofA/Merrill with analyst Andrew Obin saying he expects management to lower 2018 guidance when it reports fourth quarter earnings on Wednesday. 3. American Express (AXP) downgraded to Neutral from Buy at Guggenheim with analyst Jeff Cantwell citing CCAR risk in 2018, the fact that its balance sheet is liability-sensitive, and the assumption that the company's provision expense will be significantly higher than expected in fiscal 2018. 4. Eli Lilly (LLY) downgraded to Underperform from Neutral at Credit Suisse with analyst Vamil Divan saying he does not believe Lilly is on track to hit its mid-term guidance of 5% annual sales growth from 2015-2020. 5. Symantec (SYMC) downgraded to Neutral from Outperform at Credit Suisse with analyst Brad Zelnick saying accelerating enterprise expectations do not square with mixed channel sentiment. The analyst also lowered his price target on the shares to $30 from $36. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

SIBN

SI-BONE

$0.00

(0.00%)

11:41
10/17/18
10/17
11:41
10/17/18
11:41
Syndicate
Breaking Syndicate news story on SI-BONE »

SI-BONE opens at $21, IPO…

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

  • 17

    Oct

PFE

Pfizer

$44.21

0.28 (0.64%)

11:41
10/17/18
10/17
11:41
10/17/18
11:41
Periodicals
Pfizer offers early retirement ahead of layoffs, CNBC reports »

Pfizer is offering early…

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

  • 17

    Oct

  • 19

    Oct

  • 19

    Oct

  • 22

    Oct

  • 30

    Oct

  • 07

    Nov

SPY

SPDR S&P 500 ETF Trust

$278.96

-1.27 (-0.45%)

, SPX

S&P 500

$0.00

(0.00%)

11:41
10/17/18
10/17
11:41
10/17/18
11:41
Periodicals
Italian bonds sell off amid rift between Italy, EU on spending plans, CNBC says »

On late Tuesday night,…

SPY

SPDR S&P 500 ETF Trust

$278.96

-1.27 (-0.45%)

SPX

S&P 500

$0.00

(0.00%)

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

11:40
10/17/18
10/17
11:40
10/17/18
11:40
Conference/Events
CLSA Asian petrochemicals analyst to hold an analyst/industry conference call »

Oil/Gas &…

11:40
10/17/18
10/17
11:40
10/17/18
11:40
General news
FX Action: USD-JPY »

FX Action: USD-JPY topped…

SIBN

SI-BONE

$0.00

(0.00%)

11:36
10/17/18
10/17
11:36
10/17/18
11:36
Syndicate
Breaking Syndicate news story on SI-BONE »

SI-BONE indicated to open…

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

  • 17

    Oct

CZR

Caesars

$9.55

0.46 (5.06%)

11:36
10/17/18
10/17
11:36
10/17/18
11:36
Recommendations
Caesars analyst commentary  »

Caesars, Golden Nugget…

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

MRO

Marathon Oil

$20.73

-0.44 (-2.08%)

11:35
10/17/18
10/17
11:35
10/17/18
11:35
Options
Marathon Oil put volume heavy and directionally bearish »

Bearish flow noted 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

  • 08

    Nov

SSTK

Shutterstock

$47.81

-0.85 (-1.75%)

11:32
10/17/18
10/17
11:32
10/17/18
11:32
Hot Stocks
Shutterstock says Editorial content on eCommerce Platform available for license »

Shutterstock 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

  • 30

    Oct

11:29
10/17/18
10/17
11:29
10/17/18
11:29
Conference/Events
CLSA banking/mid-caps analyst to hold an analyst/industry conference call »

Banking Mid-Caps Analyst…

11:25
10/17/18
10/17
11:25
10/17/18
11:25
Conference/Events
Stephens restaurants analyst to hold a luncheon meeting »

Restaurants Analyst…

11:25
10/17/18
10/17
11:25
10/17/18
11:25
Conference/Events
RBC Capital IT services & payments analyst to hold luncheon meeting »

IT Services &…

WMT

Walmart

$95.59

-0.24 (-0.25%)

11:20
10/17/18
10/17
11:20
10/17/18
11:20
Recommendations
Walmart analyst commentary  »

Walmart analyst day…

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

  • 28

    Oct

  • 15

    Nov

BABA

Alibaba

$147.35

-2.3 (-1.54%)

11:20
10/17/18
10/17
11:20
10/17/18
11:20
Options
Heavy option volume in Alibaba on nondirectional jelly roll from Nov to Oct »

Heavy option volume 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

  • 28

    Oct

  • 02

    Nov

AAL

American Airlines

$33.84

0.54 (1.62%)

, DAL

Delta Air Lines

$53.82

0.71 (1.34%)

11:19
10/17/18
10/17
11:19
10/17/18
11:19
OnTheFly
Fly Intel: Today's top analyst calls on Wall Street »

Check out today's top…

AAL

American Airlines

$33.84

0.54 (1.62%)

DAL

Delta Air Lines

$53.82

0.71 (1.34%)

UAL

United Continental

$86.93

3.42 (4.10%)

HD

Home Depot

$184.29

-9.32 (-4.81%)

LOW

Lowe's

$101.65

-4.32 (-4.08%)

KBH

KB Home

$20.56

-0.95 (-4.42%)

LEN

Lennar

$42.58

-1.51 (-3.42%)

MTH

Meritage Homes

$33.63

-2.35 (-6.53%)

NFLX

Netflix

$365.40

19 (5.49%)

MLM

Martin Marietta

$164.80

-6.95 (-4.05%)

VMC

Vulcan Materials

$95.89

-4.96 (-4.92%)

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

  • 17

    Oct

  • 25

    Oct

  • 25

    Oct

  • 28

    Oct

  • 30

    Oct

  • 06

    Nov

  • 09

    Nov

  • 13

    Nov

TPRE

Third Point Reinsurance

$11.58

-0.18 (-1.53%)

, CPB

Campbell Soup

$36.99

-1.42 (-3.70%)

11:19
10/17/18
10/17
11:19
10/17/18
11:19
Hot Stocks
Third Point urges Campbell shareholders to vote to elect independent slate »

Third Point (TPRE), a…

TPRE

Third Point Reinsurance

$11.58

-0.18 (-1.53%)

CPB

Campbell Soup

$36.99

-1.42 (-3.70%)

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

  • 28

    Oct

  • 14

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
10/17/18
10/17
11:17
10/17/18
11:17
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%)

11:16
10/17/18
10/17
11:16
10/17/18
11:16
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

MDXG

MiMedx

$5.15

-0.14 (-2.65%)

11:15
10/17/18
10/17
11:15
10/17/18
11:15
Options
MiMedx put volume heavy and directionally bearish »

Bearish flow noted 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

  • 23

    Oct

PYPL

PayPal

$79.98

-0.58 (-0.72%)

11:13
10/17/18
10/17
11:13
10/17/18
11:13
Technical Analysis
Technical Take: PayPal moving off lows of the day »

Shares were last down…

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

  • 18

    Oct

  • 22

    Oct

  • 13

    Nov

  • 13

    Nov

  • 26

    Nov

SIBN

SI-BONE

$0.00

(0.00%)

11:13
10/17/18
10/17
11:13
10/17/18
11:13
Syndicate
Breaking Syndicate news story on SI-BONE »

SI-BONE indicated to open…

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

  • 17

    Oct

CZR

Caesars

$9.63

0.54 (5.94%)

, LVS

Las Vegas Sands

$57.25

-0.07 (-0.12%)

11:08
10/17/18
10/17
11:08
10/17/18
11:08
Periodicals
Tilman Fertitta approaches Caesars about potential merger, Reuters says »

Tilman Fertitta, owner of…

CZR

Caesars

$9.63

0.54 (5.94%)

LVS

Las Vegas Sands

$57.25

-0.07 (-0.12%)

WYNN

Wynn Resorts

$118.03

0.14 (0.12%)

APO

Apollo Global

$31.48

-0.325 (-1.02%)

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

  • 31

    Oct

OMED

OncoMed

$2.35

0.15 (6.82%)

11:08
10/17/18
10/17
11:08
10/17/18
11:08
Hot Stocks
OncoMed rises after abstract for ESMO presentation posted »

Shares of OncoMed are…

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

AZO

AutoZone

$712.49

-60.89 (-7.87%)

11:03
10/17/18
10/17
11:03
10/17/18
11:03
Technical Analysis
Technical Take: AutoZone drops sharply with peers, topping process underway »

The shares are down over…

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

  • 29

    Oct

AMZN

Amazon.com

$1,811.26

-6.74 (-0.37%)

11:00
10/17/18
10/17
11:00
10/17/18
11:00
Hot Stocks
Amazon paying $15 an hour or more for 100,000 seasonal jobs »

As Amazon heads into the…

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

  • 17

    Oct

  • 25

    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.