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BIDU

Baidu

$262.39

-0.32 (-0.12%)

, BABA

Alibaba

$200.28

1.22 (0.61%)

10:25
03/18/18
03/18
10:25
03/18/18
10:25

Baidu video streaming unit launches U.S. IPO, Reuters reports

Video streaming service provider iQiyi, a unit of Baidu (BIDU), has launched an initial public offering in New York worth up to $2.4B, seeking to expand its range of content, according to Reuters. The listing is expected to give the company extra financial muscle as it squares off against rivals like Alibaba's (BABA) service Youku Tudou, the report added. Reference Link

BIDU

Baidu

$262.39

-0.32 (-0.12%)

BABA

Alibaba

$200.28

1.22 (0.61%)

  • 18

    Mar

  • 22

    Mar

BIDU Baidu
$262.39

-0.32 (-0.12%)

02/14/18
MSCO
02/14/18
UPGRADE
MSCO
Overweight
Baidu upgraded to Overweight from Equal Weight at Morgan Stanley
02/15/18
02/15/18
UPGRADE
Target $280

Overweight
Baidu upgraded on expected search growth reacceleration at Morgan Stanley
As previously reported, Morgan Stanley analyst Grace Chen upgraded Baidu to Overweight from Equal Weight, citing expectations for search sales reacceleration in 2018, the potential catalyst of the iQiyi IPO and the long-term potential contributions from AI. After the company's recent Q4 beat and Q1 revenue guidance, Chen raised her price target on Baidu to $280 from $240.
02/15/18
02/15/18
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. Bristol-Myers (BMY) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst David Risinger saying he has become more optimistic on the immuno-oncology Opdivo + Yervoy combo in first-line lung cancer, which he notes is the largest cancer market. 2. Salesforce (CRM) upgraded to Buy from Hold at Jefferies with analyst John DiFucci saying recent field checks indicate continued strong enterprise traction as well improved commercial segment momentum, likely due to moderating Microsoft (MSFT) competition. 3. Credit Suisse (CS) upgraded to Buy from Hold at Societe Generale. 4. FMC Corporation (FMC) upgraded to Buy from Neutral at Seaport Global with analyst Michael Harrison saying he sees near-term catalysts from the Ag market recovery and secular growth in lithium, which the company plans to spinoff. 5. Baidu (BIDU) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Grace Chen citing expectations for search sales reacceleration in 2018, the potential catalyst of the iQiyi IPO and the long-term potential contributions from AI. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/15/18
DBAB
03/15/18
INITIATION
Target $319
DBAB
Buy
Baidu initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Han Joon Kim started Baidu with a Buy rating and $319 price target. The firm at the end of last year rated the shares a Hold. The analyst says that while Baidu may not be the fastest growing internet company in China, it is one of the "strongest R&D players in the market." He expects more focused execution on the core business and thinks the stock will "break out" over time.
BABA Alibaba
$200.28

1.22 (0.61%)

02/05/18
DBAB
02/05/18
INITIATION
Target $50
DBAB
Hold
Ctrip initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Eileen Deng started Ctrip (CTRP) with a Hold rating and $50 price target. Under a different analyst, Deutsche Bank last year had a Buy rating on the shares. Deng anticipates a "turbulent" 2018 for the company as mergers and strategic partnerships complicate China's online travel agency landscape. again. Meituan-Dianping looks to be a formidable competitor in tier 3-5 cities while Alibaba-backed (BABA) Fliggy is a unknown to competitive dynamics, Deng tells investors in a research note. She views Ctrip shares as fairly valued at current levels.
02/23/18
JPMS
02/23/18
NO CHANGE
Target $90
JPMS
Overweight
Altaba price target raised to $90 from $65 at JPMorgan
JPMorgan analyst Doug Anmuth raised his price target for Altaba (AABA) to $90 ahead of the company's strategic and financial update conference call on February 27. Corporate tax reform in the U.S. lowers Altaba's potential tax liability from 36.5% to an estimated 22.5% in any taxable monetization of its Alibaba (BABA) or Yahoo Japan (YAHOY) stakes, Anmuth tells investors in a research note. He notes that Altaba now trades at a 26% discount to pre-tax net asset value. The analyst keeps an Overweight rating on the name.
02/28/18
FBCO
02/28/18
NO CHANGE
Target $86
FBCO
Neutral
Altaba price target raised to $86 from $81 at Credit Suisse
Credit Suisse analyst Stephen Ju raised his price target for Altaba (AABA) to $86 from $81, citing Alibaba (BABA) and Yahoo Japan (YAHOY) share prices, updated cash balance and share count per latest annual filing disclosure, and updated cost basis for Alibaba and Yahoo Japan ownership stakes. The analyst reiterates a Neutral rating on Altaba shares.
03/14/18
DBAB
03/14/18
NO CHANGE
Target $218
DBAB
Buy
NBS data bode well for Alibaba sales growth, says Deutsche Bank
NBS reported January-February 2018 China online retail sales data indicating RMB1.23tn gross merchandise volume, a 37% year-over-year growth, Deutsche Bank analyst Han Joon Kim tells investors in a research note. The analyst notes his March quarter GMV growth forecast for Alibaba is 27% year-over-year. As such, he believes the NBS data bode strongly for Alibaba's sales growth. Kim maintains a Buy rating on the shares with a $218 price target.

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T

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
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$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
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11:15
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Treasury Option Action: put butterfly positioning in the belly »

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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

11:13
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08/17
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11:13
Hot Stocks
The Intersection: Crypto and Wall Street This Week »

As bitcoin, ethereum and…

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

TSM

TSMC

$39.87

-0.55 (-1.36%)

NVDA

Nvidia

$247.00

-10.57 (-4.10%)

AMD

AMD

$19.48

0.14 (0.72%)

OSTK

Overstock.com

$30.75

0.55 (1.82%)

DPW

DPW Holdings

$0.42

0.019 (4.76%)

KODK

Kodak

$2.90

-0.1 (-3.33%)

SSC

Seven Stars Cloud Group

$1.99

0.01 (0.51%)

RIOT

Riot Blockchain

$5.35

-0.055 (-1.02%)

TEUM

Pareteum

$2.52

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SRAX

Social Reality

$4.18

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  • 23

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The U.S. QSS figures »

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NVDA

Nvidia

$247.12

-10.45 (-4.06%)

, ESPR

Esperion

$48.10

1.41 (3.02%)

11:04
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Recommendations
Fly Intel: Today's top analyst calls on Wall Street »

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NVDA

Nvidia

$247.12

-10.45 (-4.06%)

ESPR

Esperion

$48.10

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DSW

DSW

$25.85

-1.97 (-7.08%)

MTCH

Match Group

$46.87

0.49 (1.06%)

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  • 28

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FIBK

First Interstate

$45.20

(0.00%)

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  • 07

    Nov

LB

L Brands

$32.34

0.24 (0.75%)

11:00
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Options
Defensive one-week option play in L Brands ahead of earnings »

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  • 23

    Aug

SYMC

Symantec

$19.44

0.115 (0.60%)

10:40
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Options
Symantec sees in the money put buying »

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  • 12

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DE

Deere

$136.75

-0.63 (-0.46%)

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  • 17

    Aug

TSLA

Tesla

$313.73

-21.73 (-6.48%)

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  • 29

    Oct

PK

Park Hotels & Resorts

$32.15

-0.19 (-0.59%)

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10:35
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WBK

Westpac Banking

$21.99

0.09 (0.41%)

10:33
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Downgrade
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  • 10

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DE

Deere

$137.29

-0.09 (-0.07%)

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  • 17

    Aug

SPY

SPDR S&P 500 ETF Trust

$283.54

-0.55 (-0.19%)

10:30
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Options
Bullish end of year play in SPYders »

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10:25
08/17/18
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General news
The Michigan sentiment drop to an 11-month low »

The Michigan sentiment…

GERN

Geron

$3.99

0.04 (1.01%)

10:20
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  • 04

    Sep

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DARE

Dare Bioscience

$1.01

0.01 (1.00%)

, WSC

WillScot

$16.10

0.2 (1.26%)

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DARE

Dare Bioscience

$1.01

0.01 (1.00%)

WSC

WillScot

$16.10

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LGND

Ligand

$237.18

-2.66 (-1.11%)

COT

Cott Corp.

$15.98

0.34 (2.17%)

AZRE

Azure Power

$15.95

(0.00%)

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  • 06

    Nov

DF

Dean Foods

$8.01

-0.62 (-7.18%)

, WAB

Wabtec

$108.87

-1.73 (-1.56%)

10:17
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DF

Dean Foods

$8.01

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WAB

Wabtec

$108.87

-1.73 (-1.56%)

YUMC

Yum China

$34.48

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DSW

DSW

$25.77

-2.05 (-7.37%)

SUI

Sun Communities

$101.22

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  • 28

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
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Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
08/17/18
08/17
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Technical Analysis
NYSE market internals summary »

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