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TCEHY

Tencent

$53.15

-0.4 (-0.75%)

05:42
04/12/18
04/12
05:42
04/12/18
05:42

Tencent-backed Pinduoduo raises $1B+ from investors, Bloomberg reports

Chinese e-commerce site Pinduoduo has raised over $1B from existing investors Sequoia Capital, Tencent and others at a valuation of about $15B, roughly 10 times the level of a year ago, Bloomberg reports, citing people familiar with the matter. Reference Link

TCEHY Tencent
$53.15

-0.4 (-0.75%)

04/05/18
KEYB
04/05/18
INITIATION
KEYB
Overweight
Tencent initiated with an Overweight at KeyBanc
KeyBanc analyst Hans Chung started Tencent with an Overweight rating and HK$556 price target as he believes its valuation underestimates the potential growth in WeChat ad monetization, its new opportunities in mini-programs, and its leadership in gaming and digital media. The analyst views Tencent as in the early stage of monetizing its media properties and sees substantial growth potential through ad load increase and platform economy of mini-programs, and CRM, payment, and cloud solutions for smart retail.
02/13/18
02/13/18
UPGRADE
Target $20

Outperform
Vipshop upgraded to Outperform on improved growth prospects at Macquarie
As previously reported, Macquarie analyst Wendy Huang upgraded Vipshop (VIPS) to Outperform from Neutral following the company's revenue and earnings beat in Q4. Huang believes the company's recently announced tie-up with Tencent (TCEHY) and JD.com (JD) has strengthened its growth prospects, as it can accelerate user acquisitions and help the company attract more brands and better products to sell. Huang, who also reiterated JD.com as her top pick among e-commerce names, has a $20 price target on Vipshop shares.
01/29/18
NOMU
01/29/18
DOWNGRADE
Target $276
NOMU
Neutral
Nomura downgrades Baidu to Neutral after 50% share rally
Nomura Instinet analyst Jialong Shi downgraded Baidu to Neutral from Buy and cut his price target for the shares to $276 from $301. The stock in afternoon trading is down 2% to $254.88. The analyst lowered his fiscal 2018 estimates by 8% to reflect Baidu's ramp-up in spending to acquire user traffic and video content. He believes the stock's 50% rise over the past 12 months largely prices in the company's positive developments. Shi prefers shares of Tencent (TCEHY) at current valuation levels.
01/23/18
JEFF
01/23/18
DOWNGRADE
Target $285
JEFF
Hold
Jefferies wants better entry point, downgrades Baidu to Hold
Jefferies analyst Karen Chan downgraded Baidu (BIDU) to Hold from Buy and lowered her price target for the shares to $285 from $291. The Chinese technology company closed yesterday down $1.64 to $254.34. The analyst says that while she remains positive on Baidu's "leading" artificial intelligence position, she prefers to wait for a better entry point following the stock's rebound from lows. In China Internet, Chan's top picks are Tencent (TCEHY), Alibaba (BABA) and Weibo (WB). Momo (MOMO) remains the analyst's preferred mid-cap pick.

TODAY'S FREE FLY STORIES

LOW

Lowe's

$86.15

-5.19 (-5.68%)

08:36
11/21/18
11/21
08:36
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08:36
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Lowe's analyst commentary  »

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LMB

Limbach Holding

$4.85

-1.04 (-17.66%)

, FIX

Comfort Systems USA

$52.64

-1.06 (-1.97%)

08:35
11/21/18
11/21
08:35
11/21/18
08:35
Recommendations
Limbach Holding, Comfort Systems USA, Emcore analyst commentary  »

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LMB

Limbach Holding

$4.85

-1.04 (-17.66%)

FIX

Comfort Systems USA

$52.64

-1.06 (-1.97%)

EMKR

Emcore

$4.42

-0.02 (-0.45%)

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08:34
11/21/18
11/21
08:34
11/21/18
08:34
General news
Jobless Claims data reported »

Week of 11/17 Jobless…

DXCM

DexCom

$119.89

-1.34 (-1.11%)

, GOOG

Alphabet

$1,026.00

7 (0.69%)

08:33
11/21/18
11/21
08:33
11/21/18
08:33
Recommendations
DexCom, Alphabet, Alphabet Class A analyst commentary  »

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DXCM

DexCom

$119.89

-1.34 (-1.11%)

GOOG

Alphabet

$1,026.00

7 (0.69%)

GOOGL

Alphabet Class A

$1,031.22

4.99 (0.49%)

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LUXTY

Luxottica

$0.00

(0.00%)

08:31
11/21/18
11/21
08:31
11/21/18
08:31
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Luxottica rating change  »

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AGCO

Agco

$57.86

0.5 (0.87%)

, DE

Deere

$138.49

-4.04 (-2.83%)

08:29
11/21/18
11/21
08:29
11/21/18
08:29
Hot Stocks
Agco drops 2% after Deere issues FY19 guidance »

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AGCO

Agco

$57.86

0.5 (0.87%)

DE

Deere

$138.49

-4.04 (-2.83%)

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USCR

U.S. Concrete

$34.14

-1.6 (-4.48%)

08:25
11/21/18
11/21
08:25
11/21/18
08:25
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U.S. Concrete analyst commentary  »

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  • 05

    Dec

HUM

Humana

$307.50

-2.87 (-0.92%)

, WBA

Walgreens Boots Alliance

$79.82

-2.11 (-2.58%)

08:25
11/21/18
11/21
08:25
11/21/18
08:25
Recommendations
Humana, Walgreens Boots Alliance, Amazon.com, CVS Health, Aetna, UnitedHealth analyst commentary  »

Humana-Walgreens…

HUM

Humana

$307.50

-2.87 (-0.92%)

WBA

Walgreens Boots Alliance

$79.82

-2.11 (-2.58%)

AMZN

Amazon.com

$1,495.60

-16.07 (-1.06%)

CVS

CVS Health

$75.52

-3.02 (-3.85%)

AET

Aetna

$204.15

-3.535 (-1.70%)

UNH

UnitedHealth

$261.52

-4.52 (-1.70%)

03/08/13
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03/08/13
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03/06/13
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    Nov

  • 28

    Nov

  • 02

    Dec

  • 04

    Dec

$DJT

DJ Transportation Average

$0.00

(0.00%)

08:21
11/21/18
11/21
08:21
11/21/18
08:21
Technical Analysis
DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

$0.00

(0.00%)

08:20
11/21/18
11/21
08:20
11/21/18
08:20
Technical Analysis
DJ Utility Average: Pivot points »

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DJX

Dow Jones Industrial Average

$0.00

(0.00%)

08:20
11/21/18
11/21
08:20
11/21/18
08:20
Technical Analysis
Dow Jones Industrial Average: Pivot points »

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JEC

Jacobs Engineering

$65.06

-7.9 (-10.83%)

08:20
11/21/18
11/21
08:20
11/21/18
08:20
Recommendations
Jacobs Engineering analyst commentary  »

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  • 19

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IYT

iShares Transportation Average

$184.16

-5.75 (-3.03%)

08:20
11/21/18
11/21
08:20
11/21/18
08:20
Technical Analysis
iShares Transportation Average: Pivot points »

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08:20
11/21/18
11/21
08:20
11/21/18
08:20
General news
U.S. Durable Goods Preview »

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08:20
11/21/18
11/21
08:20
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08:20
General news
U.S. initial jobless claims preview: »

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XLK

Technology Select Sector SPDR

$64.22

-1.42 (-2.16%)

08:19
11/21/18
11/21
08:19
11/21/18
08:19
Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$64.98

-2.17 (-3.23%)

08:19
11/21/18
11/21
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11/21/18
08:19
Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

$101.42

-2.35 (-2.26%)

08:19
11/21/18
11/21
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08:19
Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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XLB

S&P Select Materials SPDR

$53.45

-1 (-1.84%)

08:19
11/21/18
11/21
08:19
11/21/18
08:19
Technical Analysis
S&P Select Materials SPDR: Pivot points »

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XLU

Utilities SPDR

$54.85

-0.28 (-0.51%)

08:18
11/21/18
11/21
08:18
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08:18
Technical Analysis
Utilities SPDR: Pivot points »

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XLP

Consumer Staples Sector SPDR

$55.02

-0.93 (-1.66%)

08:18
11/21/18
11/21
08:18
11/21/18
08:18
Technical Analysis
Consumer Staples Sector SPDR: Pivot points »

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XLV

Health Care Select Sector SPDR

$89.97

-0.9 (-0.99%)

08:18
11/21/18
11/21
08:18
11/21/18
08:18
Technical Analysis
Health Care Select Sector SPDR: Pivot points »

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LMB

Limbach Holding

$4.85

-1.04 (-17.66%)

08:18
11/21/18
11/21
08:18
11/21/18
08:18
Downgrade
Limbach Holding rating change  »

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SGMS

Scientific Games

$15.96

-1.22 (-7.10%)

08:18
11/21/18
11/21
08:18
11/21/18
08:18
Hot Stocks
Scientific Games launches eInstant and digital games with Norwegian lottery »

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IWM

iShares Trust Russell 2000 Index Fund

$146.05

-2.88 (-1.93%)

08:18
11/21/18
11/21
08:18
11/21/18
08:18
Technical Analysis
iShares Trust Russell 2000 Index Fund: Pivot points »

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