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CMCSA

Comcast

$33.56

-0.3 (-0.89%)

, CMCSK

Comcast

$58.00

(0.00%)

09:36
04/12/18
04/12
09:36
04/12/18
09:36

Dine Brands selects Comcast Business Enterprise Solutions for Managed Services

Comcast Business (CMCSA, CMCSK) announced it has been selected by Dine Brands Global (DIN) to deliver a range of Managed Services, including Managed Broadband, Managed Firewall/Router, Managed Switch, Managed Wi-Fi Premium and Managed Business Continuity. These services will help improve the dining experience at more than 2,850 combined Applebee's and IHOP locations across the United States. Dine Brands is committed to technology that supports its three strategic pillars - People, Brands and Growth. The Comcast Business partnership provides a strong technology foundation and Wi-Fi infrastructure to modernize the dining experience across the brands and position the company for continued growth in the communities they serve. To ensure seamless technology across its businesss operations and in support of its franchisees' business operations, Dine Brands selected Comcast Business Enterprise Solutions for its ability to deliver high-capacity and more importantly, highly-reliable communication and Managed Services.

CMCSA

Comcast

$33.56

-0.3 (-0.89%)

CMCSK

Comcast

$58.00

(0.00%)

DIN

Dine Brands

$71.27

(0.00%)

  • 25

    Apr

  • 02

    May

CMCSA Comcast
$33.56

-0.3 (-0.89%)

03/15/18
LOOP
03/15/18
INITIATION
Target $43
LOOP
Buy
21st Century Fox initiated with a Buy at Loop Capital
Loop Capital analyst Alan Gould started 21st Century Fox (FOXA) with a Buy rating and $43 price target. The analyst believes the company is set up as the "ideal acquisition target for either Disney (DIS) or Comcast (CMCSA) as they evolve their video businesses into a global, direct-to-consumer streaming service."
03/26/18
COWN
03/26/18
INITIATION
COWN
Market Perform
Comcast initiated with a Market Perform at Cowen
04/02/18
MACQ
04/02/18
NO CHANGE
Target $38
MACQ
Neutral
Macquarie sees Q1 video losses for Comcast
Macquarie analyst Amy Yong is modeling Comcast Q1 video net losses of 77k and revenue declines of .7% due to lower video net adds/ARPU. Yong expects downward estimate revisions for Comcast given headwinds to the video business and uncertainty around its interest in Sky and lowered her 2018/19 consolidated EBITDA to $29.2B and $31.2B, respectively. The analyst rates shares of Comcast a Neutral and cut her price target to $38 from $42.
04/09/18
NOMU
04/09/18
NO CHANGE
Target $40
NOMU
Neutral
Comcast price target lowed to $40 from $45 at Nomura Instinet
Nomura Instinet analyst Jeffrey Kvaal lowered his price target for Comcast shares to $40 to reflect reduced buyback expectations. The analyst, however, says the "sky is not falling." The analyst, while continuing to prefer mobile over fixed, views the 15% pullback in Comcast shares as an overreaction. He expects the company to offer investors "some relief" on its Q1 call. Kvaal keeps a Neutral rating on Comcast.
CMCSK Comcast
$58.00

(0.00%)

03/14/18
MACQ
03/14/18
UPGRADE
MACQ
Outperform
Sky upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Guy Peddy upgraded Sky (SKYAY) to Outperform from Neutral after he raised his FY19/20 and FY20/21 EPS by about 16% due to the lower EPL costs. His valuation analysis suggests the current 1075p offer from 21st Century Fox (FOXA) "materially undervalues" Sky and even Comcast's (CMCSA) indicative offer at 1250p "fractionally undervalues" it, Peddy tells investors. What happens next is up to Comcast and Disney (DIS), as Fox is just an intermediary, he added. Peddy raised his price target on Sky shares to 1450p, as he believes tension between those two could lift the offer price at least 10% above his fair value estimate of 1287p.
03/07/18
WELS
03/07/18
NO CHANGE
WELS
Wells Fargo expects bidding war for Sky
Wells Fargo analyst Marci Ryvicker expects a bidding war for Sky (SKYAY). The analyst believes Sky appears to be more accretive to Disney (DIS)-Fox (FOXA) but more strategic for Comcast (CMCSA; CMCSK). Ultimately, Ryvicker thinks the latter with win but not without a fight from Disney/Fox.
02/28/18
02/28/18
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. Celgene (CELG) downgraded to Hold from Buy at SunTrust by analyst Yatin Suneja after the company received a refusal to file letter from the FDA on ozanimod for relapsing forms of multiple sclerosis. Suneja said that following pipeline setbacks in late 2017, ozanimod was central to his "bull thesis to re-accelerate growth" and provide "much needed diversification away from myeloma." Given the delay, he lowered his ozanimod peak sales estimate to $3.5B from $5B. The refusal to file letter could result in a 24-month or longer delay for ozanimod's launch in relapsing forms of multiple sclerosis, Suneja said. 2. Frontier Communications (FTR) downgraded to Hold from Buy at Jefferies by analyst Scott Goldman. With the dividend now suspended and EBITDA stabilization "still a work in progress," the shares have no near-term catalyst, Goldman said. He believes "significant challenges" remain for Frontier following the dividend suspension. 3. Comcast (CMCSA, CMCSK) downgraded to Neutral from Outperform at Macquarie by analyst Amy Young, who cited uncertainty around the M&A playbook and increased net leverage. Young said Comcast's intention to acquire Sky (SKYAY) diversifies its portfolio and increases international revenues to 25% of total from 9% currently, but exposes it to satellite TV, which faces secular pressures. The analyst views the 12x price tag for Sky as high, questions the synergies, and believes the unpredictability could cap near-term upside. 4. e.l.f. Beauty (ELF) downgraded to Market Perform from Outperform at BMO Capital by analyst Shannon Coyne, who cited the "near-term challenges in the mass category" and heightened competition yielding further pressure on results and the stock in the near term. The analyst also points to the management having lowered its expectations for the 3rd time in 6 months, adding that it may take some time for investor confidence to return. Despite the downgrade, the analyst believes that e.l.f "has material white space in existing and new retailers" as well as an "unmatched strong value proposition." 5. Maxim Integrated (MXIM) downgraded to Neutral from Outperform at Macquarie by analyst Srini Pajjuri, who said shares have significantly outperformed the SOX index year-to-date and believes healthy fundamentals are now backed in, combined with some M&A premium. Pajjuri believes further upside is limited on a fundamental basis and believes comps will get tougher in the second half of 2018 and sees risk of higher volatility in Consumer as Samsung GS9 builds fade. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/27/18
RBCM
02/27/18
NO CHANGE
RBCM
RBC says 21st Century Fox may let Comcast go ahead without counter-bid for Sky
After Comcast (CMCSA) proposed a cash offer for Sky (SKYAY) at a 16% premium to 21st Century Fox's (FOX) existing takeover bid, RBC Capital analyst Steven Cahall said that while he does not "profess to know the minds of the Murdochs" on the matter, he is inclined to think that Fox may let Comcast go ahead with its bid as the deal will no longer be "financially opportunistic" as it would have been. Adding that he was surprised Disney's (DIS) original deal for Fox included the Sky stake, Cahall said he's also "inclined to say" that Disney management "can live without Sky" and that the story is "unchanged, and arguably cleaner," without Sky. The analyst, who contends that Disney and Fox are best off letting Comcast "swoop in on Sky," has a Top Pick rating on Disney and an Outperform rating on 21st Century Fox.
DIN Dine Brands
$71.27

(0.00%)

11/10/17
MAXM
11/10/17
NO CHANGE
Target $62
MAXM
Buy
DineEquity price target raised to $62 from $55 at Maxim
Maxim analyst Stephen Anderson raised his price target on DineEquity to $62 and kept his Buy rating following Q3 results. Anderson says that while he models lowers FY17 EPS to account for delayed franchise royalty collection and increased ad fund support, the valuation of the stock is near cycle low and allows for upside potential in light of improving comps, as turnaround efforts start to take hold first at IHOP and then at Applebee's.
02/22/18
MAXM
02/22/18
NO CHANGE
Target $87
MAXM
Buy
Dine Brands price target raised to $87 from $62 at Maxim
Maxim analyst Stephen Sanderson raised his price target on Dine Brands to $87 and kept his Buy rating after the company's Q4 earnings beat. Sanderson notes that the company's 5-year plan also anticipates a high-teen annualized EPS growth, but believes that rate of growth can be exceeded in the early years. Despite the 35% dividend cut, Sanderson says the distribution is still at a 3.8% yield.
02/26/18
RAJA
02/26/18
UPGRADE
RAJA
Outperform
Dine Brands upgraded to Outperform from Market Perform at Raymond James
Raymond James analyst Brian Vaccaro upgraded Dine Brands to Outperform and established an $85 price target to reflect an improvement at Applebee's following last week's analyst day. Vaccarro thinks comps can solidly outperform over the next several quarters driven by disruptive price points, abundant value promotions, and more effective advertising, which should lead to a dramatic improvement in 2019 earnings and multiple expansion.
02/27/18
STPT
02/27/18
DOWNGRADE
STPT
Hold
Dine Brands downgraded to Hold from Reduce at Standpoint Research

TODAY'S FREE FLY STORIES

PETQ

PetIQ

$28.26

1 (3.67%)

, PRSP

Perspecta

$21.64

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AAP

Advance Auto Parts

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11.22 (7.75%)

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SPHS

Sophiris Bio

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VZ

Verizon

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Alphabet

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6.85 (0.55%)

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GOOG

Alphabet

$1,241.95

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Alphabet Class A

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NVDA

Nvidia

$261.47

5.39 (2.10%)

18:27
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ORCL

Oracle

$48.23

0.21 (0.44%)

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Rimini Street

$6.01

0.11 (1.86%)

18:26
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18:26
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Court grants Oracle's motion for permanent injunction against Rimini Street »

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ORCL

Oracle

$48.23

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RMNI

Rimini Street

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0.11 (1.86%)

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NVDA

Nvidia

$261.47

5.39 (2.10%)

18:22
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CVS

CVS Health

$71.39

1.88 (2.70%)

18:20
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CVS Health says 'actively working' with Ohio Managed Medicaid clients »

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VRAY

ViewRay

$9.89

-0.01 (-0.10%)

18:18
08/14/18
08/14
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18:18
Syndicate
ViewRay $125M Spot Secondary; price range $9.25-$9.50 »

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CRZO

Carrizo Oil & Gas

$24.31

0.62 (2.62%)

18:16
08/14/18
08/14
18:16
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18:16
Syndicate
Carrizo Oil & Gas 9.5M share Spot Secondary; price range $22.90-$23.50 »

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WTW

Weight Watchers

$77.39

1.8 (2.38%)

18:12
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18:12
Syndicate
Weight Watchers 6M share Block Trade; price range $76.00-$77.00 »

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ERI

Eldorado Resorts

$43.85

0.55 (1.27%)

, PAY

Verifone

$23.00

-0.02 (-0.09%)

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S&P announces changes to S&P MidCap 400 index »

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ERI

Eldorado Resorts

$43.85

0.55 (1.27%)

PAY

Verifone

$23.00

-0.02 (-0.09%)

ADNT

Adient

$42.65

0.19 (0.45%)

DCT

DCT Industrial

$65.28

-0.34 (-0.52%)

PLD

Prologis

$64.05

-0.38 (-0.59%)

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CE

Celanese

$116.73

0.7 (0.60%)

18:00
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GDDY

GoDaddy

$75.81

0.52 (0.69%)

17:43
08/14/18
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17:43
Syndicate
GoDaddy files to sell 10,398,942 shares of Class A common stock »

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MAG

MAG Silver

$8.64

0.07 (0.82%)

17:41
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17:41
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17:41
Earnings
MAG Silver reports Q2 EPS (3c), consensus (2c) »

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GLD

SPDR Gold Trust

$113.07

0.09 (0.08%)

17:39
08/14/18
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Hot Stocks
SPDR Gold Trust holdings fall to 776.65MT from 784.60MT »

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SNES

SenesTech

$0.95

-0.0779 (-7.60%)

17:36
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Breaking Syndicate news story on SenesTech »

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MXWL

Maxwell

$3.98

0.59 (17.40%)

17:36
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Breaking Hot Stocks news story on Maxwell »

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KEY

KeyCorp

$21.44

0.26 (1.23%)

, SYMC

Symantec

$18.66

-0.15 (-0.80%)

17:35
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Appaloosa adds KeyCorp, exits NVIDIA »

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KEY

KeyCorp

$21.44

0.26 (1.23%)

SYMC

Symantec

$18.66

-0.15 (-0.80%)

CFG

Citizens Financial

$40.39

0.54 (1.36%)

VST

Vistra Energy

$22.41

0.31 (1.40%)

EDU

New Oriental Education

$85.07

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QQQ

Invesco QQQ Trust

$181.44

1.1 (0.61%)

AMAT

Applied Materials

$48.38

0.12 (0.25%)

SMH

Market Vectors Semiconductor

$105.49

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ALL

Allstate

$98.35

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NVDA

Nvidia

$261.47

5.39 (2.10%)

MU

Micron

$50.62

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WDC

Western Digital

$64.98

0.75 (1.17%)

LNG

Cheniere Energy

$63.48

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WFC

Wells Fargo

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PAH

Platform Specialty Products

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BABA

Alibaba

$172.53

-5.12 (-2.88%)

NRG

NRG Energy

$32.83

0.33 (1.02%)

BAC

Bank of America

$30.80

0.33 (1.08%)

MGM

MGM Resorts

$28.99

-0.04 (-0.14%)

ALY

Allis-Chalmers

$0.00

(0.00%)

FB

Facebook

$181.11

1.03 (0.57%)

AGN

Allergan

$184.44

0.18 (0.10%)

GOOG

Alphabet

$1,241.95

6.85 (0.55%)

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PETQ

PetIQ

$28.26

1 (3.67%)

17:33
08/14/18
08/14
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17:33
Earnings
PetIQ reports Q2 adjusted EBITDA of $15.8M versus $7.6M in Q2 last year »

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TTNP

Titan Pharmaceuticals

$0.90

0.01 (1.12%)

17:33
08/14/18
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17:33
Syndicate
Breaking Syndicate news story on Titan Pharmaceuticals »

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MHO

M/I Homes

$25.20

0.4 (1.61%)

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M/I Homes approves $50M share repurchase program »

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ENPH

Enphase Energy

$5.05

-0.315 (-5.87%)

17:31
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Breaking Syndicate news story on Enphase Energy »

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GWGH

GWG Holdings

$7.55

-0.34 (-4.31%)

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Breaking Hot Stocks news story on GWG Holdings »

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GD

General Dynamics

$193.62

1.82 (0.95%)

17:29
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17:29
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General Dynamics awarded $147.7M U.S. Navy contract »

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Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
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Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.