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PAY

Verifone

$15.00

-0.17 (-1.12%)

17:04
04/09/18
04/09
17:04
04/09/18
17:04

Verifone spikes up 49% afterhours to $22.29 following acquisition announcement

PAY Verifone
$15.00

-0.17 (-1.12%)

03/23/18
CHLM
03/23/18
DOWNGRADE
Target $37
CHLM
Sell
Craig-Hallum sees increasing competition for Square, downgrades shares to Sell
Craig-Hallum analyst Brad Berning downgraded Square (SQ) to Sell from Hold and lowered his price target for the shares to $37 from $41. The stock closed yesterday down $1.93 to $55.16. Investors should use the company's easier comps in the first half of 2018 to take profits ahead of tougher comps in the second half of the year, Berning tells investors in a research note. Further, the analyst believes increasing competition in 2019 will likely decelerate Square's revenue growth and compress its valuation. Competition is "tired of Square winning and they are bringing scale, lower pricing, and functionality," the analyst contends. He notes that First Data (FDC) is rolling out the digitalization of its distribution channels while Verifone (PAY) will have Carbon likely fully rolled out by Q4.
12/19/17
TIGR
12/19/17
NO CHANGE
TIGR
Verifone benefiting from shift to electronic payments, says Tigress Financial
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Verifone, saying he was positive on Verifone's ongoing rollout of its next-generation payment devices, its emphasis on payment and other business management services, and its recent divestiture of its non-core lines of business.
12/13/17
RHCO
12/13/17
NO CHANGE
Target $23
RHCO
Buy
Verifone multiple expansion supported by improving cash flows, says SunTrust
SunTrust analyst Andrew Jeffrey kept his Buy rating and a $23 price targat on Verifone (PAY) after its in-line Q4 results and "messy" FY18 guidance. Jeffrey says the company's offerings remain "relevant" across its merchant base despite the competition from Square (SQ), forecasting low-single digit organic revenue growth and better margins going forward. The analyst attributes the FY18 guidance miss to the Street not having adjusted its consensus view following the company's divestitures.
11/16/17
11/16/17
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. Acorda Therapeutics (ACOR) was downgraded to Hold from Buy at Stifel and to Underperform from Market Perform at Raymond James. 2. Verifone (PAY) downgraded to Outperform from Strong Buy at Raymond James with analyst Wayne Johnson saying he is cautious on fiscal 2018 Systems Solutions revenue growth and earnings and thinks it will be dominated by older, flagship architecture and said he can not verify traction in its next-generation Carbon and Engage PoS devices, which lack commitment from a large, domestic name brand retailer. 3. Marriott (MAR) downgraded to Market Perform from Outperform at Bernstein. 4. Emerson (EMR) downgraded to Market Perform from Outperform at Cowen with the firm saying its increased offer for Rockwell (ROK), if accepted, would result in a very low return for years. 5. NetEase (NTES) downgraded to Sell from Underperform at CLSA with analyst Man Ho Lam saying third quarter results were disappointing and expects negative revenue and earnings momentum to continue into the first half of 2018. 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

LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:44
11/20/18
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LivaNova analyst commentary  »

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XOM

Exxon Mobil

$79.24

0.25 (0.32%)

08:43
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08:43
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08:43
Downgrade
Exxon Mobil rating change  »

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CPST

Capstone Turbine

$0.73

-0.0469 (-6.04%)

08:43
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Capstone Turbine announces follow-on order from Mr. Natural Production »

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BA

Boeing

$320.86

-15.13 (-4.50%)

08:41
11/20/18
11/20
08:41
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08:41
Periodicals
Boeing cancels airline call to discuss 737 MAX systems, Reuters reports »

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08:40
11/20/18
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08:40
General news
U.S. housing starts improved 1.5% to 1.228 M in October »

U.S. housing starts…

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General news
Breaking General news story  »

Week of 11/17 Redbook to…

TLND

Talend

$34.80

-2.64 (-7.05%)

08:39
11/20/18
11/20
08:39
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08:39
Recommendations
Talend analyst commentary  »

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  • 05

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TGT

Target

$77.13

-1.9 (-2.40%)

08:38
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08:38
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08:38
Hot Stocks
Breaking Hot Stocks news story on Target »

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  • 20

    Nov

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LB

L Brands

$34.53

-0.75 (-2.13%)

08:37
11/20/18
11/20
08:37
11/20/18
08:37
Recommendations
L Brands analyst commentary  »

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  • 20

    Nov

PAYC

Paycom

$113.16

-10.5 (-8.49%)

08:37
11/20/18
11/20
08:37
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08:37
Hot Stocks
Paycom announces $150M stock repurchase plan »

Paycom Software announced…

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  • 26

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  • 05

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TPNL

3PEA International

$3.90

0.12 (3.17%)

08:36
11/20/18
11/20
08:36
11/20/18
08:36
Hot Stocks
3PEA International appoints Egon Kardum as Chief Information Officer »

3PEA International (TPNL)…

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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:36
11/20/18
11/20
08:36
11/20/18
08:36
Earnings
Breaking Earnings news story on Ross Stores »

Ross Stores sees FY18 EPS…

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  • 20

    Nov

EGLE

Eagle Bulk Shipping

$4.46

-0.26 (-5.51%)

08:35
11/20/18
11/20
08:35
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08:35
Hot Stocks
Eagle Bulk Shipping expands fleet scrubber initiative »

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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:35
11/20/18
11/20
08:35
11/20/18
08:35
Earnings
Ross Stores sees Q4 EPS $1.09-$1.14, consensus $1.08 »

CEO Barbara Rentler said,…

03/08/13
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  • 20

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TRHC

Tabula Rasa HealthCare

$59.93

-6.71 (-10.07%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Recommendations
Tabula Rasa HealthCare analyst commentary  »

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  • 27

    Nov

OSIS

OSI Systems

$72.40

-1.93 (-2.60%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Hot Stocks
OSI Systems awarded $16M contract to provide service, maintenance support »

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PRPO

Precipio

$0.29

0.0062 (2.17%)

08:34
11/20/18
11/20
08:34
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08:34
Conference/Events
Precipio to hold a webinar »

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CFX

Colfax

$23.72

-4.285 (-15.30%)

08:34
11/20/18
11/20
08:34
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ROST

Ross Stores

$91.19

-4.09 (-4.29%)

08:34
11/20/18
11/20
08:34
11/20/18
08:34
Earnings
Ross Stores reports Q3 EPS 91c, consensus 90c »

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  • 20

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FNKO

Funko

$15.18

-1.06 (-6.53%)

, FL

Foot Locker

$48.79

-2.08 (-4.09%)

08:33
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Hot Stocks
Funko partners with Foot Locker for NBA Pop! line »

Funko (FNKO) announced…

FNKO

Funko

$15.18

-1.06 (-6.53%)

FL

Foot Locker

$48.79

-2.08 (-4.09%)

03/08/13
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  • 20

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LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:33
11/20/18
11/20
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08:33
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LivaNova analyst commentary  »

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  • 20

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HEAR

Turtle Beach

$14.71

-0.46 (-3.03%)

08:33
11/20/18
11/20
08:33
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08:33
Hot Stocks
Turtle Beach announces partnership with Redbox »

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  • 14

    Dec

SPTN

SpartanNash

$18.03

0.07 (0.39%)

08:33
11/20/18
11/20
08:33
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08:33
Hot Stocks
SpartanNash to acquire Martin's Super Markets »

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LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:32
11/20/18
11/20
08:32
11/20/18
08:32
Hot Stocks
LivaNova says CMS proposes to expand Medicare coverage for VNS Therapy for TRD »

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  • 20

    Nov

  • 27

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EAST

Eastside Distilling

$7.35

-0.14 (-1.87%)

08:32
11/20/18
11/20
08:32
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08:32
Syndicate
Eastside Distilling 1.235M share Spot Secondary priced at $6.50 »

Roth Capital acted as…

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  • 04

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