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NOW

ServiceNow

$162.50

1.93 (1.20%)

, VZ

Verizon

$48.99

-0.1 (-0.20%)

10:55
02/27/18
02/27
10:55
02/27/18
10:55

Morgan Stanley to hold a conference

echnology, Media & Telecom Conference will be held in San Francisco on February 26-March 1 with webcasted company presentations to begin on February 27 at 11 am; not all company presentations may be webcasted. Webcast Link

NOW

ServiceNow

$162.50

1.93 (1.20%)

VZ

Verizon

$48.99

-0.1 (-0.20%)

TRIP

TripAdvisor

$41.45

-0.85 (-2.01%)

TEL

TE Connectivity

$105.36

0.92 (0.88%)

AKAM

Akamai

$68.60

1.24 (1.84%)

CHTR

Charter

$358.02

-7.04 (-1.93%)

XLNX

Xilinx

$71.49

1.44 (2.06%)

HPQ

HP Inc.

$23.56

0.095 (0.40%)

MU

Micron

$47.98

1.45 (3.12%)

HPE

HP Enterprise

$18.93

0.38 (2.05%)

Z

Zillow

$46.27

-0.42 (-0.90%)

CBS

CBS

$55.69

0.01 (0.02%)

ATVI

Activision Blizzard

$73.16

1.09 (1.51%)

PYPL

PayPal

$79.35

-0.34 (-0.43%)

DATA

Tableau

$83.03

-0.42 (-0.50%)

GRMN

Garmin

$60.65

0.3 (0.50%)

V

Visa

$124.87

0.28 (0.22%)

OTEX

OpenText

$35.72

0.31 (0.88%)

CRAY

Cray

$22.95

1.1 (5.03%)

MSCC

Microsemi

$64.24

1.93 (3.10%)

BL

BlackLine

$41.37

1.18 (2.94%)

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NOW ServiceNow
$162.50

1.93 (1.20%)

02/01/18
RBCM
02/01/18
NO CHANGE
Target $160
RBCM
Top Pick
ServiceNow price target raised to $160 from $150 at RBC Capital
RBC Capital analyst Matthew Hedberg raised his price target on ServiceNow to $160 and kept his Top Pick rating after the company's Q4 earnings beat. Hedberg says the stock remains a "favorite" based on its "best- in-class unit economics, above-average growth, a lack of competition, expanding use cases, and free cash flow leverage".
02/20/18
LEHM
02/20/18
NO CHANGE
Target $180
LEHM
Overweight
ServiceNow price target raised to $180 from $158 at Barclays
Barclays analyst Raimo Lenschow raised his price target for ServiceNow to $180 saying the company is not just a play on the IT Service Management market, but a platform offering that can address workflows in all parts of the enterprise. Many investors still do not understand ServiceNow very well, Lenschow tells investors in a research note. The analyst sees "meaningful upside" to the company's long-term guidance and keeps an Overweight rating on the shares.
02/01/18
BERN
02/01/18
NO CHANGE
Target $208
BERN
Outperform
ServiceNow price target raised to $208 from $158 at Bernstein
Bernstein analyst Zane Chrane raised his price target for ServiceNow to $208 from $158 after the company reported Q4 results, beating expectations on the most important metrics. The analyst reiterates an Outperform rating on the shares.
02/13/18
ARGS
02/13/18
NO CHANGE
Target $170
ARGS
Buy
ServiceNow price target raised to $170 from $150 at Argus
Argus analyst Joseph Bonner raised his price target on ServiceNow to $170, saying the stock remains "favorably valued by historical standards" despite its recent run-up. Bonner notes that the company offerings to make IT services more manageable and efficient serve to lower the cost of ownership for clients, forecasting "solid revenue and profit outlook" for the next few years. The analyst keeps his Buy rating on ServiceNow.
VZ Verizon
$48.99

-0.1 (-0.20%)

02/13/18
02/13/18
NO CHANGE

AT&T the first carrier to offer BOGO deal for iPhone X, says Wells Fargo
Wells Fargo analyst Jennifer Fritzsche noted that AT&T (T) is the first cell phone carrier to offer a Buy One Get One Free, or BOGO, promotion on the Apple (AAPL) iPhone X, and highlighted that the deal has no requirement regarding new customers or trading in old devices. She said it is unclear if any other carrier will match the deal, although she noted that Verizon (VZ) and T-Mobile (TMUS) had attractive deals, although no true BOGO deal. Fritzsche also mentioned that AT&T has the "largest embedded base of iPhone users to protect," as it had iPhone exclusivity until 2011. Fritzsche has an Outperform rating and $48 price target on AT&T shares.
01/24/18
RHCO
01/24/18
NO CHANGE
Target $58
RHCO
Hold
Verizon price target raised to $58 from $52 at SunTrust
SunTrust analyst Greg Miller raised his price target on Verizon to $58 after "in-line to slightly better than expected" Q4 earnings, with solid wireless performance offset by weaker wireline. The analyst notes that the company's management remains confident in sustaining its network quality advantage in the 5G world while also leveraging its media partnerships to drive engagement. Miller keeps his Hold rating on Verizon.
01/31/18
DBAB
01/31/18
NO CHANGE
Target $15
DBAB
Sell
GE likely to be dropped from Dow 30 index, says Deutsche Bank
General Electric (GE) is likely to be dropped from the Dow Jones Industrial Average after being in the index of 30 companies for over 110 years as an original member since 1896, Deutsche Bank analyst John Inch tells investors in a research note. The chances that GE could be removed from the Dow are increasing as the company continues to face "substantial challenges," the analyst writes. These include "earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations," Inch argues. He sees "headline risk" as the most significant risk factor if GE were to be dropped from the Dow, "potentially amplified by GE's high mix of retail investors." Inch notes that the last major Dow shakeup occurred in September 2003, when American Airlines (AAL), Bank of America (BAC) and Hewlett Packard (HPQ) were removed and Goldman Sachs (GS), Nike (NKE) and Verizon (VZ) were added. Inch has a Sell rating on General Electric with a $15 price target. The shares closed yesterday down 33c to $15.95.
02/14/18
02/14/18
UPGRADE
Target $9

Outperform
Calix upgraded to Outperform with $9 price target at Northland
As previously reported, Northland analyst Tim Savageaux upgraded Calix (CALX) to Outperform from Market Perform, stating that while its Q4 results missed expectations the company looks to have meaningfully addressed its operating expense and gross margin issues. While he expects slower growth as a ramp at Verizon (VZ) offsets weakness at CenturyLink (CTL), he estimates the company will turn from a loss to "solid profits" in FY18, Savageaux tells investors. He set a $9 price target on Calix shares.
TRIP TripAdvisor
$41.45

-0.85 (-2.01%)

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.
02/15/18
JEFF
02/15/18
NO CHANGE
Target $27
JEFF
Underperform
TripAdvisor core business is declining, valuation looks rich, says Jefferies
In a post-earnings research note titled "Stay Clear of This Trip," Jefferies analyst Brent Thill says TripAdvisor last night reported a mixed quarter with revenue and adjusted EBITDA above consensus and operating earnings short of expectations on higher taxes. The analyst sees "much better alternatives" among the online travel agencies with TripAdvisor's core business declining and its stock trading at 15 times 2018 EBITDA estimates. Thill says the valuation "looks rich" and keeps an Underperform rating on TripAdvisor with a $27 price target.
01/02/18
BOFA
01/02/18
NO CHANGE
BOFA
BofA/Merrill's Top 10 US Ideas for Q1 2018
BofA/Merrill named its Top 10 Ideas for Q1 2018. They are Buy rated AMD (AMD), Disney (DIS), Exact Sciences (EXAS), Exelon (EXC), lululemon (LULU), PayPal (PYPL), United Rentals (URI), and Walmart (WMT), and Underperform rated L Brands (LB) and TripAdvisor (TRIP).
02/15/18
PIPR
02/15/18
NO CHANGE
Target $47
PIPR
Neutral
TripAdvisor price target raised to $47 from $40 at Piper Jaffray
Piper Jaffray analyst Michael Olson raised his price target for TripAdvisor to $47 saying the company last night reported "strong" results with revenue and EBITDA above consensus. TripAdvisor guided to flat year-over-year EBITDA, which is favorable when compared to consensus at down 5.5%, Olson tells investors in a post-earnings research note. He maintains a Neutral rating on the shares.
TEL TE Connectivity
$105.36

0.92 (0.88%)

12/08/17
CRSS
12/08/17
UPGRADE
CRSS
Buy
TE Connectivity upgraded to Buy from Hold at Cross Research
01/19/18
01/19/18
UPGRADE
Target $50

Buy
Avnet upgraded to Buy after connector and semi checks at Longbow
As previously reported, Longbow analyst Shawn Harrison upgraded Avnet (AVT) to Buy from Neutral after increasing his semi and connector forecasts, in most cases above consensus, for calendar Q4 and both Q1 and 2018. Contacts now expect that market tightness will not subside until after the second quarter of 2018, added Harrison, who set a $50 price target on Avnet shares. Citing the checks, Harrison also increased his price target on Arrow Electronics (ARW) to $100 from $96, on ON Semiconductor (ON) to $28 from $26 and on TE Connectivity (TEL) to $110 from $103. He maintains Buy ratings on those three stocks.
01/25/18
WELS
01/25/18
NO CHANGE
Target $120
WELS
Outperform
TE Connectivity price target raised to $120 from $112 at Wells Fargo
Wells Fargo raised its price target for TE Connectivity to $120 from $112, citing a "solid" 2018 set up, with more catalysts ahead. The analyst reiterates an Outperform rating on the shares.
01/25/18
RHCO
01/25/18
NO CHANGE
Target $102
RHCO
Hold
TE Connectivity price target raised to $102 from $90 at SunTrust
SunTrust analyst William Stein raised his price target on TE Connectivity to $102 after a Q4 earnings beat. Stein cites a higher organic growth rate of 8% without the benefits of the U.S. tax reform in the quarter and is also positive on the company's execution, but says the valuation keeps his rating on Hold. The analyst also notes that subsea comms delay dragged down Q4 results, but the segment will rebound as programs come into force this year.
AKAM Akamai
$68.60

1.24 (1.84%)

02/07/18
DADA
02/07/18
NO CHANGE
Target $64
DADA
Neutral
Akamai price target raised to $64 from $57 at DA Davidson
DA Davidson analyst Mark Kelleher raised his price target on Akamai to $64 and kept his Neutral rating after Q4 earnings. The analyst says the company remains the industry leading provider of content delivery services while also building a security business, though competitive pressures in the media business has weighed on its topline growth and pressured margins. Kelleher believes that Akamai will continue to pare costs in CDN to remain competitive, emerging as a more diversified company over the longer term.
02/07/18
RBCM
02/07/18
NO CHANGE
Target $70
RBCM
Sector Perform
Akamai price target raised to $70 from $55 at RBC Capital
RBC Capital analyst Dylan Haber raised his price target on Akamai to $70 and kept his Sector Perform rating after the company's Q4 earnings beat and better than expected Q1 outlook. Haber notes that the FY18 view now implies improved profitability despite the recent acquisitions as Akamai accelerates growth in its key segments such as security, but still has to prove its ability to generate double-digit revenue growth to justify a more constructive rating.
02/08/18
MKMP
02/08/18
NO CHANGE
Target $84
MKMP
Buy
Akamai price target raised to $84 from $65 at MKM Partners
MKM Partners analyst Rob Sanderson raised his price target on Akamai to $84 after a "solid beat and raise" Q4, noting the upside in Cloud Security and Web Performance products growth. Sanderson anticipates the investment in Enterprise Security products ramping this year and starting to contribute meaningfully by 2019. The analyst also points to the company's 5% headcount reduction, cost restructuring, and above-consensus Q1 margin outlook, keeping his Buy rating on Akamai.
02/14/18
DBAB
02/14/18
NO CHANGE
Target $80
DBAB
Buy
Akamai estimates raised on positive channel color at Deutsche Bank
Deutsche Bank analyst Vijay Bhagavath says his primary research with the enterprise IT channel shows strength in Akamai Technologies' cloud based enterprise application access portfolio. The analyst sees strength in new customer adds and in order flow trends, indicating higher than expected demand versus current consensus expectations. He raised his estimates for Akamai and keeps a Buy rating on the shares with an $80 price target.
CHTR Charter
$358.02

-7.04 (-1.93%)

02/07/18
RBCM
02/07/18
NO CHANGE
Target $420
RBCM
Outperform
Charter price target raised to $420 from $400 at RBC Capital
RBC Capital analyst Jonathan Atkin raised his price target on Charter to $420 and kept his Outperform rating after "solid" Q4 earnings "highlighted by improving video subscriber trends in the legacy Time Warner Cable footprint". Atkin expects Q4 to mark the trough in EBITDA growth as the Spectrum pricing and packaging penetration increases to about 70% by 2018-end, generating "reduced transaction volumes and a longer-tenured subscriber base".
02/05/18
RHCO
02/05/18
NO CHANGE
Target $440
RHCO
Buy
Charter price target raised to $440 from $380 at SunTrust
SunTrust analyst Greg Miller raised his price target on Charter to $440, saying the company's Q4 results support his view for video subscriber growth this year. The analyst notes signs of churn stabilizing in the Time Warner Cable markets and net adds in Bright House, removing some of the overhang on the stock. Miller keeps his Buy rating on Charter, adding that its pricing and packaging strategies are helping the company turn the corner on net adds.
02/05/18
WELS
02/05/18
UPGRADE
Target $460
WELS
Outperform
Charter upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Marci Ryvicker upgraded Charter Communications to Outperform and raised her price target for the shares teo $460 from $359. Following the Q4 earnings call, the analyst has "renewed confidence" in a successful turnaround despite a tough competitive environment. She "materially" raised both her subscriber and free cash flow estimates for Charter.
02/05/18
02/05/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Lowe's (LOW) upgraded to Buy from Hold at Jefferies with analyst Daniel Binder saying his "deep-dive" analysis suggests the company can double EBIT and triple earnings within five years. 2. Charter (CHTR) upgraded to Outperform from Market Perform at Wells Fargo with analyst Marci Ryvicker saying she has "renewed confidence" in a successful turnaround despite a tough competitive environment. 3. Sprint (S) upgraded to Sector Weight from Underweight at KeyBanc with analyst Brandon Nispel saying the third quarter results were better than feared. 4. PayPal (PYPL) upgraded to Outperform from Market Perform at Wells Fargo with analyst Timothy Willi saying the strength of PayPal's competitive position and "substantial tailwinds" driving e-commerce growth will outweigh any negative earnings headwind that may emerge from the company's transitioning relationship with eBay (EBAY). 5. Norwegian Cruise Line (NCLH) upgraded to Overweight from Neutral at JPMorgan analyst Joseph Greff saying he believes demand and pricing trends in the Cruise Line industry continue to show momentum, and his channel checks indicate Norwegian has had the most pricing momentum over the past few months. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
XLNX Xilinx
$71.49

1.44 (2.06%)

01/25/18
FBCO
01/25/18
NO CHANGE
Target $85
FBCO
Outperform
Xilinx price target raised to $85 from $75 at Credit Suisse
Credit Suisse analyst John Pitzer raised his price target for Xilinx to $85 from $75 following better than expected quarterly results. The analyst reiterates an Outperform rating on the shares.
02/22/18
RBCM
02/22/18
NO CHANGE
Target $325
RBCM
Top Pick
RBC finds takeover targets for Broadcom should Qualcomm deal fail
RBC Capital analyst Amit Daryanani finds it prudent to think about other takeover options for Broadcom (AVGO) should its attempt to acquire Qualcomm (QCOM) fail. Broadcom is in a "unique position" as it generates $9B-$10B of free cash flow annually, has balance sheet that is "almost net debt neutral" and a management team "that has impeccable history in integrating assets," Daryanani tells investors in a research note titled "If not QCOM, Who Is Next?" The analyst sees potential targets in Xilinx (XLNX), Analog Devices (ADI), Maxim Integrated (MXIM), Marvell Technology (MRVL) and Microsemi (MSCC). Daryanani keeps a Top Pick rating on Broadcom with a $325 price target. He believes the company has the ability to sustain double-digit growth with or without Qualcomm.
01/25/18
RHCO
01/25/18
NO CHANGE
Target $79
RHCO
Hold
Xilinx price target raised to $79 from $69 at SunTrust
SunTrust analyst William Stein raised his price target on Xilinx to $79 and kept his Hold rating after Q3 earnings. Stein notes that while revenues excluding Comms and Data Center sales continued to outperform amid 20% annual growth in automotive and the emerging exposure to cryptocurrencies, Comms and Data end market underperformed again and may remain challenging until 5G fully launches around 2020.
01/23/18
KEYB
01/23/18
NO CHANGE
Target $87
KEYB
Overweight
Xilinx price target raised to $87 from $78 at KeyBanc
KeyBanc analyst John Vinh raised his price target for Xilinx (XLNX) to $87 from $78 ahead of Q3 earnings. The analyst views Microsoft's (MSFT) AI hardware strategy of using FPGAs, particularly in its latest ML DNN platform, as validation of why he believes Xilinx will ultimately succeed as a cloud silicon enabler versus CPUs/GPUs in the cloud. He reiterates an Overweight rating on Xilinx shares.
HPQ HP Inc.
$23.56

0.095 (0.40%)

02/22/18
PIPR
02/22/18
INITIATION
Target $26
PIPR
Overweight
Pure Storage initiated with an Overweight at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski started Pure Storage (PSTG) with an Overweight rating and $26 price target. The analyst believes the company will continue taking share from the legacy storage vendors, including Dell Technologies (DVMT), HP (HPQ) and IBM (IBM). Pure Storage's path to sustainable profitability is within reach, which should provide support for the valuation, Nowinski contends.
02/26/18
02/26/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. UPS (UPS) upgraded to Buy from Hold at Loop Capital by analyst Rick Paterson, who attributed the recent selloff, in part, to news on February 9 that Amazon (AMZN) plans to offer some limited parcel delivery services to third parties. The analyst believes concerns around Amazon "may be a little overblown." Paterson believes Amazon represents about 4%-6% of "lower margin" revenues at UPS. If all of that is ultimately brought into Amazon's own network, "that's hardly a disaster," he contended. 2. Schlumberger (SLB) upgraded to Buy from Neutral at BofA/Merrill by analyst Timna Tanners, who said shares underperformed and fund ownership fell in 2017 as investor focus shifted towards more shale-focused names. Tanners believes the oil/gas price recovery cycle will shift focus to International with activity slowing recovering and pricing firming more in 2019. Further, the analyst believes SPM's contribution is underappreciated and expects a project payoff and/or stake sale in 2019. 3. HP Inc (HPQ) upgraded to Overweight from Neutral at JPMorgan by analyst Paul Coster, who cited valuation following the company's Q1 results. The analyst believes the shares may now look attractive for value investors and sees U.S. tax reform and foreign currency moves as tailwinds. 4. Finish Line (FINL) upgraded to Positive from Neutral at Susquehanna by analyst Sam Poser, who said channel checks indicate that sales and promotional trends in Q4 were not as bad as its guidance anticipated. He believes management has better positioned the company's marketing and promotional calendar as an adjustment to the late tax refund checks. 5. Duke Energy (DUK) upgraded to Buy from Hold at Deutsche Bank (DB) by analyst Jonathan Arnold, who said Friday's constructive order from the North Carolina Utilities Commission in the Duke Energy Progress rate case effectively allows recovery of a majority of the utility's historical costs related to coal ash basin closures. He sees the order as largely resolving the outstanding regulatory risk associated with coal ash cost recovery in North Carolina and likely offering a positive read-across to the larger Duke Energy Carolinas rate case. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/26/18
JPMS
02/26/18
UPGRADE
Target $28
JPMS
Overweight
HP Inc. upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Paul Coster upgraded HP Inc. to Overweight with a $28 price target citing valuation following the company's Q1 results. The analyst believes the shares may now look attractive for value investors and sees U.S. tax reform and foreign currency moves as tailwinds.
02/23/18
SBSH
02/23/18
NO CHANGE
Target $27
SBSH
Buy
HP Inc. is growing, and this is 'not a typo,' says Citi
Citi analyst Jim Suva points out that Q1 marked the fourth consecutive quarter that HP Inc. saw both PC and Printing sales growth year-over-year. In a research note partially titled "Not A Typo: HP is Growing," Suva keeps a Buy rating on HP shares with a $27 price target. The company showed it continues to outgrow the market with a "strong brand and continued PC innovation," Suva contends. He adds that PC end markets are seeing the best demand in five years.
MU Micron
$47.98

1.45 (3.12%)

02/06/18
02/06/18
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. Radware (RDWR) downgraded to In-Line from Outperform at Imperial Capital by analyst Michael Kim, who reduced his estimates to reflect elevated uncertainty in the timing and magnitude of purchase orders, particularly from Tier 1 carriers. He sees limited downside from current share levels, however. 2. Micron (MU) downgraded to Hold from Buy at Summit Insights. Micron was upgraded to Strong Buy at Needham and to Overweight from Sector Weight at KeyBanc. 3. Exxon Mobil (XOM) downgraded to Underweight from Overweight at Barclays by analyst Paul Cheng, who recommended investors shift from Exxon Mobil to Chevron (CVX), a stock he upgraded this morning to Overweight. Exxon may not be able to maintain its historical valuation premium, Cheng tells investors in a research note. He thinks the company's valuation still reflects "rich historical norms," while the upstream's underlying fundamentals "appear to have suffered a structural deterioration." 4. Cirrus Logic (CRUS) downgraded to Hold from Buy Needham. 5. Catalent (CTLT) downgraded to Equal Weight from Overweight at Stephens by analyst Drew Jones, who believes there to be some conservatism in its guidance. However, he sees the potential for outperformance as less significant than in the past. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/21/18
COWN
02/21/18
NO CHANGE
Target $53
COWN
Outperform
Micron joint venture with Intel remains underappreciated, says Cowen
After conducting field work across the semi supply chain, Cowen analyst Karl Ackerman said he believes Micron's (MU) joint venture with Intel (INTC) remains underappreciated by investors. Ackerman reiterated his Outperform rating and $53 price target on Micron shares.
02/27/18
SBSH
02/27/18
NO CHANGE
SBSH
Buy
Citi calls Intel the Micron of 2018, moves to top Semi pick
Intel (INTC) is one of the only Semiconductor stocks with poor investor sentiment given its valuation discount to peers and the stock's underperformance year-to-date, Citi analyst Christopher Danely tells investors in a research note. The analyst believes the recovery in the enterprise end market will drive consensus estimates higher. Intel's combination of "very low" sentiment and "substantial" upside to consensus estimates is similar to Micron (MU) in 2017, Danely contends. The analyst moves Intel to his to pick in Semiconductors.
02/20/18
JPMS
02/20/18
NO CHANGE
Target $60
JPMS
Overweight
JPMorgan sees continued outperformance for shares of Micron
JPMorgan analyst Harlan Sur expects shares of Micron Technology to continue outperforming following his firm's sixth consecutive positive revision to its near/mid-term "Global Memory Model." The analyst raised his estimates for Micron and expects supply of DRAM to remain tight/balanced through 2018. While average selling prices should return to typical sequential declines later in the year, Micron will likely drive margins higher in 2018 on continued cost reductions in NAND and DRAM, Sur tells investors in a research note. The analyst maintains an Overweight rating on the shares with a $60 price target.
HPE HP Enterprise
$18.93

0.38 (2.05%)

02/20/18
LOOP
02/20/18
UPGRADE
Target $21
LOOP
Buy
HP Enterprise upgraded to Buy from Hold at Loop Capital
Loop Capital analyst Ananda Baruah upgraded HP Enterprise (HPE) to Buy and raised her price target for the shares to $21 from $14.50. The analyst sees "multiple catalysts" over the next 8-12 quarters. She believes HP Enterprise can generate 30c per share in incremental earnings from its NEXT initiative cost savings and an additional 20c from extinguishing its buyback authorization of $5B by fiscal 2020. Further, Baruah thinks the company's Tier 1 Cloud business with Microsoft (MSFT) is no longer declining.
02/23/18
BMOC
02/23/18
NO CHANGE
Target $19
BMOC
Market Perform
HP Enterprise price target raised to $19 from $14 at BMO Capital
BMO Capital analyst Tim Long raised his price target on HP Enterprise to $19 after the company's Q1 results showed "solid growth across every major business unit and geography". Following several quarters of execution related issues, the analyst says he was encouraged by more positive trends and the management's capital returns and cost savings plans. Long keeps his Market Perform rating on HP Enterprise, opting to await more broad signs of growth.
02/23/18
OPCO
02/23/18
NO CHANGE
Target $20
OPCO
Outperform
HP Enterprise fundamentals remain attractive, says Oppenheimer
Oppenheimer analyst Ittai Kidron raised his price target on Hewlett Packard Enterprise to $20 from $219 shares after the company reported strong January-quarter results along with above-consensus April quarter guidance as well as a boosted full year earnings per share view. Kidron told investors in a research note that the company's underlying business trends are likely better than investors believe and that its focus on targeted growth areas is delivering. He says fundamentals remain attractive as operating margin is set to expand from here, despite more difficult year-over-year comparisons in the second half of fiscal 2018 that will likely limit back-half revenue growth.
02/13/18
OTRG
02/13/18
DOWNGRADE
OTRG
Mixed
HP Enterprise downgraded to Mixed from Positive at OTR Global
Z Zillow
$46.27

-0.42 (-0.90%)

02/09/18
ADAM
02/09/18
NO CHANGE
Target $54
ADAM
Buy
Zillow still in early stages of growth, says Canaccord
Canaccord analyst Michael Graham said Zillow is still in the early stages of growing into a much larger company as it grows it portfolio of brands, renews focus on following consumers down the funnel, and aligns revenue more closely with its partners. Graham reiterated his Buy rating and raised his price target to $54 from $53 on Zillow shares.
01/19/18
01/19/18
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. Zillow (Z, ZG) resumed with a Hold from Buy at Stifel with analyst John Egbert saying he sees potential macro headwinds for Zillow given the tight housing supply, rising interest rates, and tax changes. 2. Bloomin' Brands (BLMN) downgraded to Sell from Neutral at Goldman Sachs with analyst Karen Holthouse saying shares are trading near peak historical levels versus peers and "thin pre-tax margins" put the company at risk of estimate volatility around investment. 3. Parker-Hannifin (PH) downgraded to Neutral on valuation at Buckingham with the firm's analyst saying shares reached the firm's $210 price target. 4. McCormick (MKC) downgraded to Sell from Hold at Deutsche Bank with analyst Rob Dickerson saying he believes organic revenue growth expectations in the company's Consumer segment for fiscal years 2018 and 2019 are too high. 5. WNS Holdings (WNS) downgraded to Neutral from Outperform at Baird with analyst David Koning citing its high historical valuation but saying he sees fourth quarter revenues decelerating, which could create a headwind as comps become more difficult. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/06/18
02/06/18
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. Redfin (RDFN) initiated with a Buy at Jefferies. The firm also initiated Zillow (Z, ZG) with a Hold. 2. Liberty Oilfield Services (LBRT) initiated with an Overweight at Piper Jaffray, an Overweight at Morgan Stanley, a Buy at Citi and Goldman Sachs, an Overweight at JPMorgan, an Outperform at Wells Fargo and an Outperform at Evercore ISI. 3. Industrial Logistics Property Trust (ILPT) initiated with a Buy at BofA/Merrill, an Outperform at RBC Capital and JMP Securities and a Neutral at UBS. 4. Angi Homeservices (ANGI) initiated with an Outperform at BMO Capital. 5. Jones Lang LaSalle (JLL), Newmark (NMRK) and CBRE Group (CBG) initiated with an Outperform at Raymond James. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/26/18
01/26/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Zillow (Z, ZG) upgraded to Overweight from Sector Weight at KeyBanc with analyst Brad Erickson saying the risk/reward is "too good to pass up" with the stock down 6% since July. 2. Travelers (TRV) upgraded to Neutral from Underweight at Atlantic Equities. 3. Gilead (GILD) upgraded to Buy from Hold at Jefferies with analyst Michael Yee saying Gilead "has had it tough since 2015," but he worst is "generally moving behind them." 4. Whirlpool (WHR) upgraded to Outperform from Market Perform at Raymond James with analyst Sam Darkatsh saying that while EMEA margins were depressed and raw material inflation has expanded further, the next few quarters will be supportive on the prospects of "price hike stickiness, improved washer margins, and conservative guidance". 5. Jack in the Box (JACK) upgraded to Outperform from Neutral at Wedbush with analyst Nick Setyan saying that he expects stabilization in same-store sales growth within management's current 1%-2% guidance range given easier year-over-year comparisons starting in the second quarter. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
CBS CBS
$55.69

0.01 (0.02%)

02/21/18
BMOC
02/21/18
NO CHANGE
Target $70
BMOC
Outperform
CBS price target lowered to $70 from $75 at BMO Capital
BMO Capital analyst Daniel Salmon lowers his price target on CBS (CBS) to $70 and kept his Outperform rating. Salmon says that while Q4 results showed a solid performance in affiliate fees and licensing deals, along with growth in direct-to-consumer offerings", the overhang from the potential Viacom (VIAB) deal continues to weigh on the stock. Longer term, the analyst believes that CBS remains uniquely positioned in media as it diversifies away from ad revenue to more recurring fee streams just as its content, licensing and syndication opportunities continue to grow.
02/16/18
COWN
02/16/18
NO CHANGE
Target $69
COWN
Outperform
CBS best positioned company in media, says Cowen
Cowen analyst Doug Creutz noted CBS reported solid Q1 results with good growth guidance for 2018. The analyst believes CBS is the best-positioned company in media to deal with ongoing changes in the landscape due to its skew toward content and away from aggregation. Creutz reiterated his Outperform rating and $69 price target on CBS shares.
02/12/18
BRRR
02/12/18
NO CHANGE
BRRR
Potential reunion with CBS looms over Viacom fundamentals, says Barrington
Barrington analyst James Goss noted that Viacom (VIAB), which reported Q1 earnings last Thursday, beat the firm's EPS estimate, but fell 4% short of its revenue estimate, mainly due to a larger-than-expected decline in the revenue rate for Paramount. Godd reiterated a Market Perform rating on Viacom, saying that while the company's strategy will push it in a favorable direction, in the near term the primary catalyst appears to be the chance to recombine with CBS (CBS).
02/16/18
BNCH
02/16/18
NO CHANGE
Target $86
BNCH
Buy
CBS price target raised to $86 from $78 at Benchmark
Benchmark analyst Daniel Kurnos raised his FY18 revenue forecast for CBS (CBS) by $750M to $14.9B after the company's Q4 report to reflect a healthier ad environment and increased his price target to $86 from $78. While "everyone continues to denigrate" a Viacom (VIAB) merger, Kurnos point outs the international distribution benefits that don't seem to be factored into the equation. The analyst, who thinks CBS shares are "a bargain," keeps a Buy rating on the stock.
ATVI Activision Blizzard
$73.16

1.09 (1.51%)

02/16/18
ARGS
02/16/18
NO CHANGE
Target $81
ARGS
Buy
Activision Blizzard price target raised to $81 from $70 at Argus
Argus analyst Joseph Bonner raised his price target on Activision Blizzard to $81 and kept his Buy rating after the company's beat on Q4 earnings, as well as its focus to broaden its gaming audience with initiatives in e-sports, internet, and TV broadcasting. The analyst is also positive on Activision's entry into mobile casual gaming with the acquisition of King Digital. Bonner believes the company should trade at a premium based on its industry leadership.
02/13/18
WEDB
02/13/18
NO CHANGE
Target $81
WEDB
Outperform
Activision Blizzard added to Best Ideas List at Wedbush
Wedbush analyst Jesse Bigelow is adding Activision Blizzard to his firm's Best Ideas saying the company's new investments have the potential to significantly expand its margins and profits for the next several years. Wedbush has an Outperform rating and $81 price target on the shares.
02/09/18
BARD
02/09/18
NO CHANGE
Target $80
BARD
Outperform
Activision Blizzard digital momentum led to solid yearly finish, says Baird
Baird analyst Colin Sebastian said Activision Blizzard reported better than expected Q4 results led by its solid digital momentum. He said there we no major surprises in the quarter and pointed to the long-awaited eSports ramp in the second half of 2018, which will help add visibility to out-year targets. Sebastian reiterated his Outperform rating and raised his price target to $80 from $75 on Activision Blizzard shares.
01/23/18
COWN
01/23/18
NO CHANGE
Target $66
COWN
Market Perform
Cowen sees 'some serious issues' with Activision's Destiny 2
Activision Blizzard's Destiny 2 is struggling with player engagement, and this could at least partially offset upside from Call of Duty: WWII in 2018, Cowen analyst Doug Creutz tells investors in a research note titled "Destiny Is Not In A Good Place." The analyst believes Destiny 2 has been having "some serious issues" for several months relating to unhappiness with microtransactions as well as its core design and communication. He keeps a Market Perform rating on Activision Blizzard with a $66 price target.
PYPL PayPal
$79.35

-0.34 (-0.43%)

02/05/18
WELS
02/05/18
UPGRADE
Target $95
WELS
Outperform
Wells Fargo upgrades PayPal to Outperform following 10% selloff
Wells Fargo analyst Timothy Willi upgraded PayPal (PYPL) to Outperform from Market Perform and raised his price target for the shares to $95 from $90. The stock closed Friday down 2% to $76.57. The strength of PayPal's competitive position and "substantial tailwinds" driving e-commerce growth will outweigh any negative earnings headwind that may emerge from the company's transitioning relationship with eBay (EBAY), Willi tells investors in a research note. The analyst views the 10% pullback in PayPal shares since January 31 as a buying opportunity. He believes the company is in an "extremely strong position" to enhance its earnings growth over the next several years
02/08/18
KEYB
02/08/18
NO CHANGE
Target $90
KEYB
Overweight
PayPal should be bought on any weakness, says KeyBanc
KeyBanc analyst Josh Beck notes that PayPal (PYPL) is deeply ingrained in the eBay (EBAY) experience, which could limit volume losses. The analyst also believes the strategic flexibility to promote other options or new branded wins is meaningful, and Venmo remains an important lever to increase penetration. Beck reiterates a Buy rating and $90 price target on PayPal shares, arguing that profitable e-Commerce pure play is not reflected in the valuation.
02/05/18
WELS
02/05/18
UPGRADE
WELS
Outperform
PayPal upgraded to Outperform from Market Perform at Wells Fargo
DATA Tableau
$83.03

-0.42 (-0.50%)

02/14/18
UBSW
02/14/18
NO CHANGE
Target $108
UBSW
Buy
Tableau 2018 guidance looks conservative, says UBS
UBS analyst Jennifer Swanson Lowe noted Tableau guided 2018 revenues ahead of consensus, but she feels even the raised numbers look conservative and have the potential to move meaningfully higher. Lowe reiterated her Buy rating and $108 price target on Tableau shares.
02/08/18
BERN
02/08/18
NO CHANGE
Target $107
BERN
Outperform
Tableau guidance 'extremely' conservative, says Bernstein
Bernstein analyst Zane Chrane believes Tableau management has guided "extremely conservatively" for FY18 revenue, likely due to set up the new CFO for several quarters of "beat and raise", and to allow management to increase guidance for the ratable mix of license bookings without having to lower revenue guidance. It also appears that new business would have to decline 5% or more in FY18 for the company to fall short of the midpoint of revenue guidance, he contends. Furthermore, Chrane believes Tableau has been "overly penalized" with recent market volatility, now having given up all of stock's the post-Q4 gains. He reiterates an Outperform rating and $107 price target on the shares.
02/02/18
02/02/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. MasterCard (MA) upgraded to Buy from Hold at Argus with analyst Stephen Biggar saying the stock should trade above its historical average earnings multiple, with effective tax rate of 20% seen below 27% in 2017 as well as continued strong purchase volumes and growth in cross-border volumes and processed transactions. 2. Tableau (DATA) upgraded to Hold from Sell at Maxim with analyst Nehal Chokshi citing normalized bookings accelerating to 26% growth in the fourth quarter and sees normalized sales productivity stabilizing at about a 33% level. 3. Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale with analyst Warren Ackerman saying fourth quarter results were "solid" as emerging markets are rebounding strongly and the worst is over in North America. 4. Huntington Ingalls (HII) upgraded to Outperform from Market Perform at Cowen with analyst Gautam Khanna saying the shares are "excessively discounted" relative to the large cap defense peer average. 5. Sherwin-Williams (SHW) upgraded to Buy from Neutral at Seaport Global with analyst Michael Harrison saying the Valspar deal adds another layer of potential growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/02/18
WELS
02/02/18
NO CHANGE
Target $90
WELS
Market Perform
Tableau price target raised to $90 from $70 at Wells Fargo
Wells Fargo analyst Philip Winslow raised his price target for Tableau Software to $90 saying the company reported "strong" Q4 results with revenue, operating income, and earnings above consensus expectations. While the Q1 and fiscal 2018 revenue guidance came in above consensus, operating income and earnings guidance were below consensus as Tableau continues to add headcount, Winslow tells investors in a post-earnings research note. He keeps a Market Perform rating on the stock. Continued slow growth in perpetual license equivalent value and competitive headwinds keep us on the sidelines, Winslow writes.
GRMN Garmin
$60.65

0.3 (0.50%)

12/12/17
FBCO
12/12/17
NO CHANGE
Target $58
FBCO
Underperform
Garmin price target raised to $58 from $48 at Credit Suisse
Credit Suisse analyst Robert Spingarn raised his price target for Garmin to $58 from $48, but reiterated an Underperform rating on the shares. The analyst says that while the company had a good showing over the quarter, he is skeptical that many of the growth drivers will be sustainable over the long-term.
12/15/17
TIGR
12/15/17
NO CHANGE
TIGR
Garmin growth accelerating despite decline in auto nav products, says Tigress
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Garmin sahres, noting the company's business performance continues to accelerate "driven by the growth of aviation and advanced wearables offsetting declines in automotive personal navigation products." Feinseth was also positive on Garmin's "significant" cash and cash flow, which allow the company to fund new product development, pursue acquisitions, and return capital to shareholders.
10/06/17
NOMU
10/06/17
NO CHANGE
Target $275
NOMU
Buy
Nomura Instinet lays out potential takeover targets for Broadcom
With revenues this year on track to reach $17B, few opportunities in the semiconductor space exist that would move the needle for Broadcom Limited (AVGO), Nomura Instinet analyst Romit Shah tells investors in a research note. As a result, the analyst believes the company could be looking to acquire companies in peripheral spaces. Shah's analysis yields CA Technologies (CA), NetApp (NTAP), Juniper (JNPR), Garmin (GRMN), Trimble (TRMB), Akamai (AKAM), F5 Networks (FFIV), Ciena (CIEN) and EchoStar (SATS) as possible takeover targets. The analyst thinks Broadcom shares may continue to "languish" in the near term given uncertainty with the Brocade acquisition and iPhone supply constraints. Shah, however, remains optimistic in Broadcom's ability to generate $20-plus in earnings per share in the future. He keeps a Buy rating on the shares with a $275 price target.
11/27/17
MSCO
11/27/17
NO CHANGE
MSCO
Morgan Stanley checks 'concerning' for GoPro demand
Morgan Stanley analyst Yuuji Anderson said the firm's checks pointed to improved sell-through and receptivity for GoPro's (GPRO) HERO6 camera, but that demand for the older HERO5 appears to be behind targets. He called the early holiday season checks "concerning," saying the combined demand for those two cameras is not sufficiently offsetting the lack of an entry-level product. Increased demand for the Ionic smartwatch and demand for older products that appears in-line with expectations leads Anderson to think Fitbit (FIT) is tracking to an in-line Q4, he said. Meanwhile, sell-through and receptivity for Garmin's (GRMN) Vivoactive 3 has been very good, Anderson added.
V Visa
$124.87

0.28 (0.22%)

02/02/18
LOOP
02/02/18
NO CHANGE
Target $142
LOOP
Buy
Visa price target raised to $142 from $123 at Loop Capital
Loop Capital analyst Joseph Vafi raised his price target on Visa to $142, saying the investment case for the company is "shining brightly". Vafi says Visa is "one of the best ways to play ongoing global economic expansion, ongoing shifts to electronic currencies, mobility, and ecommerce", keeping his Buy rating on the stock.
02/02/18
CANT
02/02/18
NO CHANGE
Target $141
CANT
Overweight
Visa price target raised to $141 from $123 at Cantor Fitzgerald
Cantor Fitzgerald analyst Joseph Foresi raised his price target for Visa to $141 following the company's Q1 results. The analyst attributes the better than expected results to solid payments volume growth and keeps an Overweight rating on the shares. He remains attracted to Visa's "dominant position in the global card network market and its strong, recognizable international brand."
01/25/18
MSCO
01/25/18
NO CHANGE
MSCO
Overweight
Visa, MasterCard targets raised on strong holiday trends at Morgan Stanley
Morgan Stanley analyst James Faucette said key data points he tracks point to positive payment volume trends in the holiday season, which should support continued solid revenue and EPS growth for Visa (V) and MasterCard (MA). The analyst, who also raised his forecasts to incorporate tax reform benefits, increased his price target on MasterCard to $178 from $163 and raised his price target on Visa to $137 from $126. He keeps Overweight ratings on both payments processors.
02/05/18
BMOC
02/05/18
NO CHANGE
Target $148
BMOC
Outperform
Visa price target raised to $148 from $134 at BMO Capital
BMO Capital analyst Paulo Ribeiro raised his price target on Visa to $148, saying he is positive on the company's second-half of 2018 amid " strong underlying global payment trends and fundamentals". Ribeiro says investors were disappointed that the company maintained its FY18 outlook, but notes that the management chose to be cautious ahead of the "challenging" Q2. The analyst keeps his Outperform rating on Visa, forecasting potential second-half upside from "pricing, Incentives easing and lapping of tough comps".
OTEX OpenText
$35.72

0.31 (0.88%)

02/01/18
MUFG
02/01/18
NO CHANGE
Target $50
MUFG
Overweight
OpenText price target raised to $50 from $40 at MUFG
MUFG analyst Stephen Bersey raised his price target for OpenText to $50 after the company "handily beat" his estimates for Q2. OpenText "had a great quarter," Bersey tells investors in a post-earnings research note. The analyst keeps an Overweight rating on the shares.
11/22/17
MACQ
11/22/17
DOWNGRADE
Target $31.5
MACQ
Underperform
OpenText downgraded to Underperform from Neutral at Macquarie
Macquarie analyst Gus Papageorgiou downgraded OpenText to Underperform and lowered its price target to $31.50 from 34.50. The analyst said OpenText has highly recurring and profitable operations but poor returns on capital and limited growth due to a leveraged balance sheet.
07/27/17
RILY
07/27/17
DOWNGRADE
Target $7.1
RILY
Neutral
Guidance Software downgraded to Neutral from Buy at B. Riley
B. Riley analyst Kevin Liu downgraded Guidance Software (GUID) to Neutral and lowered his price target for the shares to $7.10 from $9 after the company agreed to be acquired by OpenText (OTEX).
11/22/17
RAJA
11/22/17
NO CHANGE
Target $40
RAJA
Outperform
Raymond James remains bullish on OpenText despite competitor downgrade
Raymond James analyst Steven Li notes that a competitor downgraded OpenText this morning to an Underperform rating, saying Constellation Software has a much stronger balance sheet. The analyst argues that it is "stating the obvious," given that OpenText just made the largest acquisition in its history. This logic does not hold historically, he notes. While Li acknowledges that Constellation Software has much higher return on capital, and may have better growth and cash return prospects, he points out that its competitor report does not highlight the recent turn in organic growth. The analyst reiterates an Outperform rating and $40 price target on OpenText's shares.
CRAY Cray
$22.95

1.1 (5.03%)

11/21/17
11/21/17
UPGRADE
Target $28

Buy
Cray upgraded to Buy at Craig-Hallum
As previously reported, Craig-Hallum analyst Chad Bennett upgraded Cray to Buy from Hold as he believes 2017 is likely to be the fundamental bottom in the HPC market and Cray is on the cusp of a new HPC product cycle that will last the next 4-5 years. The analyst also raised his price target on the shares to $28 from $21.
11/14/17
WELS
11/14/17
INITIATION
Target $26
WELS
Outperform
Cray initiated with an Outperform at Wells Fargo
Wells Fargo analyst Aaron Rakers initiated coverage of Cray with an Outperform rating and $26 price target. The analyst calls the company one of his top picks in IT Infrastructure & Communications Equipment.
11/21/17
CHLM
11/21/17
UPGRADE
CHLM
Buy
Cray upgraded to Buy from Hold at Craig-Hallum
11/21/17
11/21/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Urban Outfitters (URBN) upgraded to Overweight from Neutral at JPMorgan with analyst Matthew Boss saying same-store sales at the company's three concepts turned positive in the third quarter for the first time since the first half of 2015. 2. Deere (DE) upgraded to Outperform from Neutral at Baird with analyst Mig Dobre noting he recently downgraded the shares on concerns another record corn crop would pressure prices and push out or moderate the recovery in North American agricultural equipment demand. He acknowledged those fears did not materialize as equipment demand in October was very strong with ag dealers pointing to emerging replacement demand in spite of low crop prices. Dobre raised his price target to $155 from $140 on Deere shares. 3. Cray (CRAY) upgraded to Buy from Hold at Craig-Hallum with analyst Chad Bennett saying he believes 2017 is likely to be the fundamental bottom in the HPC market and Cray is on the cusp of a new HPC product cycle that will last the next 4-5 years. 4. T-Mobile (TMUS) upgraded to Buy from Hold at HSBC with analyst Sunil Rajgopal saying the stock continues to outperform competitors with high single-digit growth in mobile service revenues and EBITDA. 5. Copa Holdings (CPA) upgraded to Overweight from Neutral at JPMorgan with analyst Fernando Abdalla saying the demand outlook for 2018 is promising, while management remains engaged in reducing operating costs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
MSCC Microsemi
$64.24

1.93 (3.10%)

01/26/18
KEYB
01/26/18
NO CHANGE
Target $70
KEYB
Overweight
Microsemi price target raised to $70 from $62 at KeyBanc
KeyBanc analyst Michael McConnell raised his price target for Microsemi to $70 following the company's Q1 results. A rebound in Communications drove a higher revenue outlook, McConnell tells investors in a research note. He remains optimistic on data center growth in fiscal Q3 and a buyer of the stock with an Overweight rating.
01/24/18
SUSQ
01/24/18
NO CHANGE
Target $70
SUSQ
Positive
Microsemi could be bought before $70 price target reached, says Susquehanna
Susquehanna analyst Christopher Rolland recommends investors continue to buy Microsemi as he believes the company could be bought before it has a chance to reach his $70 price target. The analyst noted rumors the company has begun working on a potential sale and said its possible since the company accelerated management compensation incentives for achieving a stock price of $70 and beyond. Rolland reiterated his Positive rating on Microsemi shares.
01/25/18
NEED
01/25/18
NO CHANGE
Target $70
NEED
Buy
Microsemi price target raised to $70 from $61 at Needham
Needham analyst N. Quinn Bolton raised the price target on Microsemi to $70 and kept his Buy rating. Bolton says the press speculation that the company hired Qatalyst Partners to explore strategic options is "reasonable" as it would make an attractive target based on its high margin structure and exposure to the stable Aerospace & Defense segment.
BL BlackLine
$41.37

1.18 (2.94%)

01/25/18
JPMS
01/25/18
DOWNGRADE
Target $32
JPMS
Underweight
JPMorgan sees sales deceleration, downgrades BlackLine to Underweight
JPMorgan analyst Mark Murphy downgraded BlackLine to Underweight from Neutral with an unchanged price target of $32. Following a sustained and impressive period of mid-40%'s revenue growth, a "deceleration on the horizon," possibly to sub-30%, as the company anniversaries the Runbook acquisition and also due to operational factors, Murphy tells investors in a research note. The analyst thinks BlackLine's own operational tweaks could take some time and that churn/attrition most likely hasn't bottomed yet.
01/25/18
JPMS
01/25/18
DOWNGRADE
JPMS
Underweight
BlackLine downgraded to Underweight from Neutral at JPMorgan
11/17/17
KEYB
11/17/17
NO CHANGE
Target $46
KEYB
Overweight
BlackLine price target raised to $46 from $39 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for BlackLine to $46 citing increased confidence in the sustainability of the company's high growth following this week's user conference. The analyst sees an upward bias to consensus growth expectations of 28.6% in 2018 and keeps an Overweight rating on BlackLine shares.
11/16/17
JMPS
11/16/17
UPGRADE
Target $45
JMPS
Outperform
BlackLine upgraded to Outperform after analyst day at JMP Securities
As previously reported, JMP Securities analyst Patrick Walravens upgraded BlackLine to Outperform from Market Perform after attending the company's analyst day, stating that BlackLine seems well-positioned to close larger, more strategic deals and he believes its Chief Customer Officer can successfully address customer service issues. While BlackLine faces a very difficult billings growth comparison in Q4, comparisons become "much easier" through 2018, Walravens added. He set a $45 price target on BlackLine shares.

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NFLX

Netflix

$361.33

-2.81 (-0.77%)

TSLA

Tesla

$313.49

-6.85 (-2.14%)

03/08/13
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    Jul

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AB

AllianceBernstein

$29.90

-0.05 (-0.17%)

, BLK

BlackRock

$503.01

-1.42 (-0.28%)

11:17
07/21/18
07/21
11:17
07/21/18
11:17
Periodicals
BlackRock, T. Rowe Price look like bargains, Barron's says »

With shares of many…

AB

AllianceBernstein

$29.90

-0.05 (-0.17%)

BLK

BlackRock

$503.01

-1.42 (-0.28%)

BEN

Franklin Resources

$31.99

-0.28 (-0.87%)

IVZ

Invesco

$25.46

-0.245 (-0.95%)

LM

Legg Mason

$33.37

-0.13 (-0.39%)

TROW

T. Rowe Price

$119.87

-0.85 (-0.70%)

03/08/13
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  • 26

    Jul

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    Jul

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    Jul

ALV

Autoliv

$104.08

-0.57 (-0.54%)

, VNE

Veoneer

$50.81

-1.81 (-3.44%)

11:12
07/21/18
07/21
11:12
07/21/18
11:12
Periodicals
Automotive spinoffs offer exposure to autonomous, electric future, Barron's says »

Last month, Autoliv (ALV)…

ALV

Autoliv

$104.08

-0.57 (-0.54%)

VNE

Veoneer

$50.81

-1.81 (-3.44%)

DLPH

Delphi Technologies

$44.78

-0.355 (-0.79%)

APTV

Aptiv

$92.95

-2.02 (-2.13%)

03/08/13
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  • 31

    Jul

  • 08

    Aug

DDAIF

Daimler AG

$0.00

(0.00%)

, FCAU

Fiat Chrysler

$19.33

-0.195 (-1.00%)

07:58
07/21/18
07/21
07:58
07/21/18
07:58
Hot Stocks
Week in review: How Trump's policies moved stocks »

Catch up on the top…

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$19.33

-0.195 (-1.00%)

F

Ford

$10.56

-0.115 (-1.08%)

GM

General Motors

$39.39

0.08 (0.20%)

HMC

Honda

$29.18

-0.19 (-0.65%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$131.87

0.11 (0.08%)

VLKAY

Volkswagen

$0.00

(0.00%)

GOOG

Alphabet

$1,184.77

-2.37 (-0.20%)

GOOGL

Alphabet Class A

$1,198.05

-1.21 (-0.10%)

PFE

Pfizer

$37.33

-0.03 (-0.08%)

NVS

Novartis

$82.28

1.47 (1.82%)

RHHBY

Roche

$0.00

(0.00%)

SNY

Sanofi

$42.38

0.44 (1.05%)

BA

Boeing

$354.92

-0.57 (-0.16%)

MRK

Merck

$62.51

(0.00%)

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    Oct

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    Jan

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    Feb

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    Mar

ACN

Accenture

$166.47

-0.47 (-0.28%)

, EADSY

Airbus

$0.00

(0.00%)

04:55
07/21/18
07/21
04:55
07/21/18
04:55
Conference/Events
Farnborough International to hold an airshow »

Farnborough International…

ACN

Accenture

$166.47

-0.47 (-0.28%)

EADSY

Airbus

$0.00

(0.00%)

ATI

Allegheny Technologies

$26.65

0.08 (0.30%)

BAESY

BAE Systems

$0.00

(0.00%)

BDRBF

Bombardier

$0.00

(0.00%)

CAE

CAE

$20.96

0.17 (0.82%)

CW

Curtiss-Wright

$125.79

-0.12 (-0.10%)

DASTY

Dassault Systemes

$0.00

(0.00%)

ESLT

Elbit Systems

$118.98

0.64 (0.54%)

LMT

Lockheed Martin

$322.76

3.09 (0.97%)

BA

Boeing

$354.92

-0.57 (-0.16%)

03/08/13
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  • 24

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    Aug

FNWB

First Northwest Bancorp

$16.11

0.36 (2.29%)

17:48
07/20/18
07/20
17:48
07/20/18
17:48
Hot Stocks
First Northwest Bancorp names Terry Anderson chief credit officer »

First Northwest Bancorp…

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FCX

Freeport McMoRan

$15.75

-0.05 (-0.32%)

17:42
07/20/18
07/20
17:42
07/20/18
17:42
Hot Stocks
Freeport McMoRan CAO Michael Arnold to retire »

In a regulatory filing,…

03/08/13
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XLE

Energy Select Sector SPDR

$74.87

-0.24 (-0.32%)

, XLU

Utilities SPDR

$52.28

-0.39 (-0.74%)

17:39
07/20/18
07/20
17:39
07/20/18
17:39
General news
Week ending ETF Scorecard: Financials lead, Energy slumps »

S&P500 SECTORS:…

XLE

Energy Select Sector SPDR

$74.87

-0.24 (-0.32%)

XLU

Utilities SPDR

$52.28

-0.39 (-0.74%)

IYR

DJ US Real Estate Index Fund

$80.23

-0.68 (-0.84%)

XLP

Consumer Staples Sector SPDR

$52.84

0.3 (0.57%)

XLY

Consumer Discretionary Sector SPDR

$112.15

-0.47 (-0.42%)

XLB

S&P Select Materials SPDR

$58.31

-0.21 (-0.36%)

XLF

Financial Select Sector

$27.57

0.065 (0.24%)

XLV

Health Care Select Sector SPDR

$86.74

-0.17 (-0.20%)

XLK

Technology Select Sector SPDR

$72.55

0.01 (0.01%)

XLI

Industrial Select Sector SPDR

$74.44

-0.09 (-0.12%)

GLD

SPDR Gold Trust

$116.56

0.74 (0.64%)

SLV

iShares Silver Trust

$14.59

0.18 (1.25%)

USO

United States Oil Fund

$14.15

0.025 (0.18%)

UNG

United States Natural Gas Fund

$22.38

-0.06 (-0.27%)

HYG

iShares iBoxx $ High Yield Corporate Bond

$85.62

0.03 (0.04%)

LQD

iShares iBoxx $ Investment Grade Corporate Bond

$115.27

-0.335 (-0.29%)

TLT

iShares 20+ Year Treasury Bond Fund

$120.78

-1.46 (-1.19%)

IEF

iShares 7-10 Year Treasury Bond ETF

$102.21

-0.35 (-0.34%)

SHY

iShares 1-3 Year Treasury Bond

$83.26

-0.005 (-0.01%)

IWD

iShares Russell 1000 Value

$123.07

-0.2897 (-0.23%)

IWF

iShares Russell 1000 Growth

$149.41

-0.04 (-0.03%)

03/08/13
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XRX

Xerox

$25.10

-0.095 (-0.38%)

, FUJIY

Fujifilm

$0.00

(0.00%)

17:25
07/20/18
07/20
17:25
07/20/18
17:25
Hot Stocks
Xerox, Centerview settle matters related to proposed Fuji tie-up »

On July 20, 2018, Xerox…

XRX

Xerox

$25.10

-0.095 (-0.38%)

FUJIY

Fujifilm

$0.00

(0.00%)

03/08/13
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03/06/13
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  • 26

    Jul

STON

StoneMor Partners

$3.61

-0.015 (-0.41%)

17:15
07/20/18
07/20
17:15
07/20/18
17:15
Hot Stocks
Breaking Hot Stocks news story on StoneMor Partners »

Oaktree Capital reports…

03/08/13
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TEF

Telefonica

$8.70

0.07 (0.81%)

17:11
07/20/18
07/20
17:11
07/20/18
17:11
Downgrade
Telefonica rating change at Goldman Sachs »

Telefonica downgraded to…

03/08/13
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SPY

SPDR S&P 500 ETF Trust

$279.71

-0.24 (-0.09%)

, USO

United States Oil Fund

$14.15

0.025 (0.18%)

17:04
07/20/18
07/20
17:04
07/20/18
17:04
General news
Weekly CFTC Commitment of Traders highlights »

S&P500 net long 5.5K…

SPY

SPDR S&P 500 ETF Trust

$279.71

-0.24 (-0.09%)

USO

United States Oil Fund

$14.15

0.025 (0.18%)

GLD

SPDR Gold Trust

$116.56

0.74 (0.64%)

FXE

Euro Currency Trust

$112.46

0.83 (0.74%)

FXC

CurrencyShares Canadian Dollar Trust

$75.17

0.81 (1.09%)

03/08/13
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CZWI

Citizens Community Bancorp

$14.15

(0.00%)

17:02
07/20/18
07/20
17:02
07/20/18
17:02
Syndicate
Breaking Syndicate news story on Citizens Community Bancorp »

Citizens Community…

03/08/13
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PKD

Parker Drilling

$0.30

-0.0044 (-1.46%)

17:01
07/20/18
07/20
17:01
07/20/18
17:01
Hot Stocks
Breaking Hot Stocks news story on Parker Drilling »

Whitebox Advisors reports…

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  • 02

    Aug

RSLS

ReShape Lifesciences

$1.47

-0.02 (-1.34%)

17:00
07/20/18
07/20
17:00
07/20/18
17:00
Hot Stocks
Breaking Hot Stocks news story on ReShape Lifesciences  »

Intracoastal Capital…

03/08/13
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BOX

Box

$26.13

-0.26 (-0.99%)

16:57
07/20/18
07/20
16:57
07/20/18
16:57
Initiation
Box initiated at First Analysis »

Box initiated with an…

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ALDX

Aldeyra

$7.95

-0.15 (-1.85%)

16:53
07/20/18
07/20
16:53
07/20/18
16:53
Syndicate
Breaking Syndicate news story on Aldeyra »

Aldeyra files $250M mixed…

03/08/13
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GLRE

Greenlight Capital Re

$14.00

-0.15 (-1.06%)

16:46
07/20/18
07/20
16:46
07/20/18
16:46
Hot Stocks
Greenlight Capital Re announces departure of COO »

Greenlight Capital Ry…

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RVI

Retail Value

$34.56

0.2 (0.58%)

16:38
07/20/18
07/20
16:38
07/20/18
16:38
Hot Stocks
Breaking Hot Stocks news story on Retail Value »

Luxor Capital reports…

03/08/13
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