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AAPL

Apple

$175.30

-2.72 (-1.53%)

, SSNLF

Samsung

$2,210.00

(0.00%)

06:42
03/20/18
03/20
06:42
03/20/18
06:42

Apple gets two-year lead in 3D sensing race, Reuters reports

Most Android phones will have to wait until 2019 to replicate the 3D sensing feature powering Apple's (AAPL) Face ID security impeding Samsung (SSNLF) and others on the technology that is expected to be worth billions in revenue over the next few years, Reuters reports, citing major parts producers Viavi Solutions (VIAV), Finisar (FNSR), and Ams AG. The parts manufacturers said bottlenecks on key parts will mean mass adoption of the feature will not take place until next year giving Apple an almost two year lead over other smartphone makers like China's Huawei, Xiaomi, and others. Reference Link

AAPL

Apple

$175.30

-2.72 (-1.53%)

SSNLF

Samsung

$2,210.00

(0.00%)

VIAV

Viavi

$10.08

-0.03 (-0.30%)

FNSR

Finisar

$17.65

-0.42 (-2.32%)

  • 29

    Mar

AAPL Apple
$175.30

-2.72 (-1.53%)

03/16/18
RSBL
03/16/18
NO CHANGE
RSBL
Buy
Apple HomePod sales weak, cheaper model may help, says Rosenblatt
Rosenblatt analyst Jun Zhang lowered his estimates for Apple's (AAPL) HomePod to 3M units from 6M after seeing weaker than expected sales, but he believes a low-cost HomePod model may see better traction against Amazon's (AMZN) and Google's (GOOGL) devices. Zhang keeps a Buy rating on Apple shares.
03/16/18
MACQ
03/16/18
NO CHANGE
Target $188
MACQ
Outperform
Apple Services heavily dependent on slowing China gaming growth, says Macquarie
Macquarie analyst Benjamin Schachter writes that while he has been very bullish on Apple Services segment of Apple over the past several years, too much of that growth has come from gaming - particularly games in China - estimated to drive 35% of the total Services profit growth since 2015. The analyst says he is increasingly concerned about signs of a slowdown in China games, adding that it may not be offset by growth in the non-games component of Apple Services. Schachter keeps his Outperform rating and $188 price target on Apple.
03/16/18
CHLM
03/16/18
NO CHANGE
Target $330
CHLM
Buy
Broadcom 'on the hunt' for additional, smaller M&A, says Craig-Hallum
Craig-Hallum analyst Tony Stoss reiterated his Buy rating and $330 price target on Broadcom (AVGO) following the company's in-line Q1 results and guidance. In a research note to investors, Stoss said he is confident in Broadcom's content at Apple (AAPL) longer term as management stated they expect to grow Apple content about 15% annually for the next 3-5 years. Additionally, Stoss noted that while the company is "disappointed" that the deal with Qualcomm (QCOM) was blocked, Broadcom remains "on the hunt" for additional M&A, which will likely be smaller in size given that the company plans to use just cash on hand to fund additional acquisitions.
03/19/18
STFL
03/19/18
NO CHANGE
STFL
Apple display news positive for Synaptics, says Stifel
Apple (AAPL) is negotiating with panel manufacturers to purchase about 270M LCD and OLED displays for delivery in 2018, DigiTimes reported earlier. Stifel analyst Kevin Cassidy believes if Apple adds another OLED supplier along with Samsung, Synaptics (SYNA) may have the opportunity to sell its new OLED DDIC to Apple, providing revenue upside to estimates.
SSNLF Samsung
$2,210.00

(0.00%)

03/16/18
KEYB
03/16/18
NO CHANGE
Target $65
KEYB
Overweight
KeyBanc views call with Samsung as positive for Micron
KeyBanc analyst Weston Twigg spoke to Samsung (SSNLF) last night and gained more clarity on the company's DRAM expansion plans for 2018. Samsung, which represents 35%-40% of DRAM production, indicated that it may grow its net DRAM wafer starts per month by around 10% for the year, and that it would likely exit 2018 at a slightly higher rate than that, Twigg tells investors in a research note. He believes, however, that bit growth won't likely exceed market demand and should be moderate. As such, the analyst expects a "prolonged healthy DRAM pricing environment," which he views as positive for Micron Technology (MU). Twigg has an Overweight rating on the shares with a $65 price target.
03/05/18
RBCM
03/05/18
INITIATION
Target $27
RBCM
Outperform
Xperi initiated with an Outperform at RBC Capital
RBC Capital analyst Amid Daryanani initiated Xperi (XPER) with an Outperform rating and a price target of $27. The analyst expects the company's revenues and billings to be more product and less IP-driven, generating a more predictable earnings model. Daryanani adds there may be some further upside to expectations from potential for early Samsung (SSNLF) settlement, which could happen in FY19.
02/23/18
CHLM
02/23/18
NO CHANGE
Target $17
CHLM
Buy
Immersion price target raised to $17 from $15 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss says Immersion's (IMMR) guidance for 2018 is better than expected on the heels of the settlement Apple (AAPL) settlement. In a research note to clients, Stoss, who raised his price target to $17 from $15 and has a Buy rating on shares, said the implied Apple settlement appears to be towards the high end or above his previous $25M-$30M expectation. Due to ASC606 accounting, a portion of the Apple settlement will be taken in Q1 with the rest ratable over the life of the contract. He also noted that litigation spend guidance was a vast improvement vs. actual spend in 2017. He looks for additional pending lawsuit settlements with Samsung (SSNLF), Fitbit (FIT) and Motorola (MSI) in the coming months and years, penetration into new markets like China and growing adoption in automotive to drive the stock.
03/12/18
DADA
03/12/18
NO CHANGE
Target $15
DADA
Buy
Photronics 'period of relative underperformance is over', says DA Davidson
DA Davidson analyst Thomas Diffely writes that his latest meeting with Photronics (PLAB) management has suggested that the company is increasingly resonating with investors for 3 reasons: 1) two of its key clients - UMC (UMC) and Samsung (SSNLF) - are seeing recovery in business, 2) China expansion is progressing, 3) management has better visibility in the company's dominant position in the global photomask market. Diffely keeps his Buy rating and $15 price target on Photronics, adding that the company's May 23rd analyst meeting will serve as a "meaningful catalyst" to the stock and lead to long term price target revisions.
VIAV Viavi
$10.08

-0.03 (-0.30%)

02/05/18
LOOP
02/05/18
UPGRADE
Target $11.5
LOOP
Buy
Viavi upgraded to Buy from Hold at Loop Capital
Loop Capital analyst James Kisner upgraded Viavi Solutions to Buy and raised his price target for the shares to $11.50 from $9.50. The analyst sees improving fundamentals following last week's better than expected earnings report as well as "significant accretion potential" from the pending acquisition of Cobham's businesses.
02/02/18
STFL
02/02/18
UPGRADE
Target $12
STFL
Buy
Stifel upgrades Viavi to Buy ahead of 'meaningful' earnings growth
Stifel analyst Patrick Newton upgraded Viavi Solutions to Buy from Hold and raised his price target for the shares to $12 from $10. The analyst believes the company has "numerous levers" to drive "meaningful" earnings growth and he views positively the acquisition of Cobham Wireless. Further, Newton anticipates 3D Sensing will see accelerating growth trends in fiscal 2019.
01/29/18
LOOP
01/29/18
INITIATION
Target $9.5
LOOP
Hold
Viavi initiated with a Hold at Loop Capital
Loop Capital analyst James Kisner started Viavi with a Hold rating and $9.50 price target. The analyst views the current valuation as "relatively full" and sees "secular headwinds" in most of the company's business.
02/02/18
STFL
02/02/18
UPGRADE
STFL
Buy
Viavi upgraded to Buy from Hold at Stifel
FNSR Finisar
$17.65

-0.42 (-2.32%)

03/15/18
RILY
03/15/18
NO CHANGE
RILY
B. Riley FBR 'incrementally cautious' on optical component industry
After spending two days at the Optical Networking and Communication Conference & Exhibition, B. Riley FBR analyst Dave Kang is "incrementally cautious" on the optical component industry. One clear conclusion from the event is that the datacom end market is as bad as feared, which is a negative for Applied Optoelectronics (AAOI) and to a lesser degree Finisar (FNSR). Further, the analyst says he continues to pick up mixed data on the Chinese market. Aside from Lumentum (LITE), most U.S.-based component vendors remain cautious and/or uncertain about growth prospects in China this year, Kang contends.
03/13/18
MKMP
03/13/18
NO CHANGE
Target $12
MKMP
Buy
Oclaro price target raised to $12 from $8 at MKM Partners
MKM Partners analyst Michael Genovese raised his price target on Oclaro (OCLR) to $12 or 20% above the Lumentim (LITE) deal price, citing "the possibility, but not likelihood, that Finisar (FNSR) or another optical vendor would consider a counterbid. Genovese keeps his Buy rating, adding that the combination with Lumentum would create a market leader in the optical components industry.
03/12/18
DADA
03/12/18
NO CHANGE
DADA
DA Davidson says Applied Optoelectronics best fit for Finisar amid consolidation
After Lumentum (LITE) announced an agreement to acquire Oclaro (OCLR), DA Davidson analyst Mark Kelleher said he thinks the deal makes strategic sense for both companies. In terms of other possible targets in the sector, Kelleher names Applied Optoelectronics (AAOI), Acacia Communications (ACIA) and NeoPhotonics (NPTN) and calls Finisar (FNSR) a logical buyer. He added that among those, he sees Applied Optoelectronics as the best asset for Finisar to purchase.
03/09/18
GSCO
03/09/18
NO CHANGE
Target $15
GSCO
Sell
Finisar 'challenged end markets' trends to continue, says Goldman Sachs
Goldman Sachs analyst Doug Clark lowered his price target on Finisar to $15 from $16 and reiterated his Sell rating after the company's Q3 earnings miss. Clark says Finisar's Datacom and Telecom end markets have been challenged, while the trends of competition in Datacom, limited recovery in China, and low 3D sensing contributions should continue. The analyst adds that gross margins fell below 30% in the latest quarter and are expected to remain below that level for "at least several quarters".

TODAY'S FREE FLY STORIES

CNCE

Concert Pharmaceuticals

$15.59

0.64 (4.28%)

06:01
10/17/18
10/17
06:01
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06:01
Conference/Events
Concert Pharmaceuticals management to meet with JMP Securities »

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    Oct

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    Oct

LYFT

Lyft

$0.00

(0.00%)

, JPM

JPMorgan

$108.65

2.31 (2.17%)

06:00
10/17/18
10/17
06:00
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06:00
Periodicals
Lyft picks JPMorgan to lead IPO, which could be valued at over $15B, CNBC says »

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Lyft

$0.00

(0.00%)

JPM

JPMorgan

$108.65

2.31 (2.17%)

UBER

Uber

$0.00

(0.00%)

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    Oct

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    Feb

ALB

Albemarle

$97.15

1.02 (1.06%)

06:00
10/17/18
10/17
06:00
10/17/18
06:00
Conference/Events
Albemarle management to meet with UBS »

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    Nov

BMO

Bank of Montreal

$80.19

0.93 (1.17%)

05:59
10/17/18
10/17
05:59
10/17/18
05:59
Conference/Events
Bank of Montreal to host investor day »

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  • 24

    Oct

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TWTR

Twitter

$29.86

1.25 (4.37%)

05:57
10/17/18
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05:57
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05:57
Periodicals
Twitter banned 1,500 accounts for misleading election-related content, NYT says »

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  • 07

    Nov

TSLA

Tesla

$276.46

16.88 (6.50%)

05:57
10/17/18
10/17
05:57
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05:57
Hot Stocks
Tesla's Musk vows to fix 'foolish oversight' in service locations »

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  • 29

    Oct

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    Dec

GOOG

Alphabet

$1,120.11

28.11 (2.57%)

, GOOGL

Alphabet Class A

$1,133.71

32.13 (2.92%)

05:52
10/17/18
10/17
05:52
10/17/18
05:52
Hot Stocks
YouTube resolves widespread access issues also impacgint YouTube TV, Music »

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GOOG

Alphabet

$1,120.11

28.11 (2.57%)

GOOGL

Alphabet Class A

$1,133.71

32.13 (2.92%)

03/08/13
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  • 03

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SSNLF

Samsung

$0.00

(0.00%)

05:50
10/17/18
10/17
05:50
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05:50
Hot Stocks
Samsung to acquire Zhilabs to expand AI-based automation portfolio »

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AMZN

Amazon.com

$1,818.00

57.01 (3.24%)

05:47
10/17/18
10/17
05:47
10/17/18
05:47
Periodicals
Amazon employee on Medium: Employees asked Bezos to kick Palantir off AWS »

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  • 17

    Oct

  • 25

    Oct

LOW

Lowe's

$105.97

1.31 (1.25%)

05:41
10/17/18
10/17
05:41
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05:41
Downgrade
Lowe's rating change  »

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  • 28

    Oct

HD

Home Depot

$193.61

2.51 (1.31%)

05:40
10/17/18
10/17
05:40
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05:40
Downgrade
Home Depot rating change  »

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SLCA

U.S. Silica

$18.72

0.38 (2.07%)

05:40
10/17/18
10/17
05:40
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05:40
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U.S. Silica rating change  »

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  • 23

    Oct

CVIA

Covia

$7.58

0.18 (2.43%)

05:39
10/17/18
10/17
05:39
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05:39
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Covia rating change  »

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SND

Smart Sand

$3.81

-0.07 (-1.80%)

05:39
10/17/18
10/17
05:39
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HCLP

Hi-Crush Partners

$9.49

-0.16 (-1.66%)

05:38
10/17/18
10/17
05:38
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05:38
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Hi-Crush Partners rating change  »

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  • 31

    Oct

SCGLY

Societe Generale

$0.00

(0.00%)

, BNPQY

BNP Paribas

$0.00

(0.00%)

05:38
10/17/18
10/17
05:38
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05:38
Periodicals
Societe Generale CEO pulls out of Saudi Arabia summit, Reuters reports »

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SCGLY

Societe Generale

$0.00

(0.00%)

BNPQY

BNP Paribas

$0.00

(0.00%)

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SAFRY

Safran

$0.00

(0.00%)

05:37
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10/17
05:37
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Safran rating change  »

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UBER

Uber

$0.00

(0.00%)

05:36
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Uber, Grab fined by Philippine watchdog for rushed merger, Reuters reports »

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CVPUF

CP All

$0.00

(0.00%)

05:35
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KKPNY

KPN

$0.00

(0.00%)

05:33
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05:33
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05:33
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EIGR

Eiger BioPharmaceuticals

$10.88

0.63 (6.15%)

05:32
10/17/18
10/17
05:32
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05:32
Recommendations
Eiger BioPharmaceuticals analyst commentary  »

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  • 27

    Nov

ALTR

Altair

$35.24

1.14 (3.34%)

05:29
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05:29
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Altair announces acquisition of SIMSOLID »

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    Nov

ARWR

Arrowhead

$13.86

0.71 (5.40%)

05:27
10/17/18
10/17
05:27
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05:27
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Arrowhead analyst commentary  »

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  • 09

    Nov

UTX

United Technologies

$132.50

2.18 (1.67%)

05:27
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10/17
05:27
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05:27
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United Technologies analyst commentary  »

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  • 23

    Oct

UTX

United Technologies

$132.50

2.18 (1.67%)

05:25
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Royal Dutch Touring Club ANWB selects Pratt & Whitney for EMS fleet renewal »

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  • 23

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