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GPRO

GoPro

$4.87

0.11 (2.31%)

12:51
04/12/18
04/12
12:51
04/12/18
12:51

Xiamoi has weighed GoPro bid, but doesn't want to overpay, The Information says

GPRO GoPro
$4.87

0.11 (2.31%)

01/23/18
01/23/18
DOWNGRADE
Target $5

Underweight
GoPro downgraded to Underweight on limited strategic value at Morgan Stanley
As previously reported, Morgan Stanley Yuuji Anderson downgraded GoPro to Underweight from Equal Weight, arguing that the market is giving too much credit to the company for its strategic value. Improving action camera demand hinges on meaningful improvements in usability, and without acceleration in that area Yuuji thinks negative trends are more likely to continue into 2019, weighing on earnings and GoPro's potential strategic value, he tells investors in a note partially titled "A Long Year Ahead." The analyst cut his price target on GoPro to $5 from $9.50.
01/23/18
01/23/18
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. Netflix (NFLX) downgraded to Neutral from Buy at Buckingham with analyst Matthew Harrigan citing valuation. 2. GoPro (GPRO) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Yuuji Anderson arguing that the market is giving too much credit to the company for its strategic value. 3. Wayfair (W) downgraded to Hold from Buy at Stifel with analyst Scott Devitt citing his view that the risk/reward is balanced at the stock's current levels. 4. Fortinet (FTNT) downgraded to Hold from Buy at Deutsche Bank with analyst Gray Powell saying his field discussions indicate the company's growth in the fourth quarter was weaker than expected. 5. Sprint (S) downgraded to Underperform from Neutral at Macquarie with analyst Amy Young saying she believes Sprint is stuck between a slowdown in the multi-year turnaround and a lack of near-term strategic options as circumstances have deteriorated with rising competition, executive turnover, and increasing capital expenditures. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/02/18
JPMS
02/02/18
DOWNGRADE
Target $8
JPMS
Neutral
GoPro downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Paul Coster downgraded GoPro to Neutral and lowered his price target for the shares to $8 from $9. The analyst sees a tough first half of 2018 for the company after its Q4 results missed expectations. GoPro has not made the ease-of-use breakthrough that will drive growth, and the product cycle in the second half of 2018 will likely only deliver incremental improvement in the experience, Coster tells investors in a research note. He lowered his estimates and moves to an enterprise value-to-sales valuation approach given the absence of profitability.
02/02/18
SBSH
02/02/18
NO CHANGE
Target $5.5
SBSH
Neutral
GoPro price target lowered to $5.50 from $7 at Citi
Citi analyst Stanley Kovler lowered his price target for GoPro to $5.50 following the company's weaker than expected Q4 results. The analyst expects GoPro's 2018 to be second-half weighted for the third consecutive year as it once again burns off excess inventory in the first half. Kovler keeps a Neutral rating on the shares.

TODAY'S FREE FLY STORIES

NVTA

Invitae

$12.78

-0.46 (-3.47%)

06:51
11/20/18
11/20
06:51
11/20/18
06:51
Initiation
Invitae initiated  »

Invitae assumed with a…

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RNSDF

Renault

$0.00

(0.00%)

, NSANY

Nissan

$0.00

(0.00%)

06:51
11/20/18
11/20
06:51
11/20/18
06:51
Periodicals
French finance minister says Ghosn not fit to lead Renault, Reuters reports »

France's finance…

RNSDF

Renault

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

03/08/13
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06:50
11/20/18
11/20
06:50
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06:50
General news
Treasury Market Outlook: »

Treasury Market Outlook:…

MDT

Medtronic

$90.40

-3.28 (-3.50%)

06:48
11/20/18
11/20
06:48
11/20/18
06:48
Hot Stocks
Medtronic CEO says 'we are executing on multiple fronts' »

"This was an…

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JDWPY

JD Wetherspoon

$0.00

(0.00%)

06:47
11/20/18
11/20
06:47
11/20/18
06:47
Initiation
JD Wetherspoon initiated  »

JD Wetherspoon initiated…

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MATX

Matson

$40.86

-0.32 (-0.78%)

06:47
11/20/18
11/20
06:47
11/20/18
06:47
Downgrade
Matson rating change  »

Matson downgraded to Hold…

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  • 11

    Dec

JEC

Jacobs Engineering

$72.96

-1.2 (-1.62%)

06:47
11/20/18
11/20
06:47
11/20/18
06:47
Earnings
Jacobs Engineering reports Q4 adj. EPS $1.31, consensus $1.24 »

Reports Q4 revenue $4.1B,…

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  • 20

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  • 19

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MDT

Medtronic

$90.40

-3.28 (-3.50%)

06:47
11/20/18
11/20
06:47
11/20/18
06:47
Earnings
Medtronic backs FY19 adjusted EPS view $5.10-$5.15, consensus $5.12 »

For fiscal year 2019, the…

03/08/13
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  • 20

    Nov

  • 03

    Dec

MDT

Medtronic

$90.40

-3.28 (-3.50%)

06:45
11/20/18
11/20
06:45
11/20/18
06:45
Earnings
Medtronic reports Q2 adjusted EPS $1.22, consensus $1.15 »

Reports Q2 revenue $7.5B,…

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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  • 20

    Nov

  • 03

    Dec

TESS

Tessco

$11.11

-0.12 (-1.07%)

06:45
11/20/18
11/20
06:45
11/20/18
06:45
Upgrade
Tessco rating change  »

Tessco assumed with an…

03/08/13
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03/06/13
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  • 04

    Dec

FB

Facebook

$131.62

-7.93 (-5.68%)

06:45
11/20/18
11/20
06:45
11/20/18
06:45
Periodicals
Singapore lawmaker blasts Facebook over refusal to take down post, Reuters says »

Singapore senior minister…

03/08/13
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  • 28

    Nov

ATV

Acorn International

$21.44

0.25 (1.18%)

06:44
11/20/18
11/20
06:44
11/20/18
06:44
Hot Stocks
Acorn International announces partnership with Shanghai Media Group »

Acorn International…

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SQ

Square

$63.00

-7.545 (-10.70%)

06:43
11/20/18
11/20
06:43
11/20/18
06:43
Recommendations
Square analyst commentary  »

Square price target…

03/08/13
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03/06/13
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  • 26

    Nov

  • 12

    Dec

  • 18

    Dec

CBM

Cambrex

$47.67

0.41 (0.87%)

06:42
11/20/18
11/20
06:42
11/20/18
06:42
Hot Stocks
Cambrex to acquire Avista Pharma Solutions for approximately $252M »

Cambrex announced it has…

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03/06/13
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QLYS

Qualys

$69.24

-5.355 (-7.18%)

06:41
11/20/18
11/20
06:41
11/20/18
06:41
Upgrade
Qualys rating change  »

Qualys upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 20

    Nov

  • 04

    Dec

  • 09

    Jan

JD

JD.com

$21.09

-1.95 (-8.46%)

06:38
11/20/18
11/20
06:38
11/20/18
06:38
Downgrade
JD.com rating change  »

JD.com downgraded to…

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JD

JD.com

$21.09

-1.95 (-8.46%)

06:35
11/20/18
11/20
06:35
11/20/18
06:35
Periodicals
JD.com CEO says focus will be on strategy, new businesses, Yicai reports »

JD.com founder and CEO…

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HRL

Hormel Foods

$45.36

-0.535 (-1.17%)

06:35
11/20/18
11/20
06:35
11/20/18
06:35
Earnings
Breaking Earnings news story on Hormel Foods »

Hormel Foods sees FY19…

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  • 20

    Nov

TGT

Target

$77.13

-1.9 (-2.40%)

06:34
11/20/18
11/20
06:34
11/20/18
06:34
Earnings
Breaking Earnings news story on Target »

Target sees FY18 adj. EPS…

03/08/13
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03/08/13
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03/06/13
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  • 20

    Nov

  • 03

    Mar

TGT

Target

$77.13

-1.9 (-2.40%)

06:34
11/20/18
11/20
06:34
11/20/18
06:34
Hot Stocks
Breaking Hot Stocks news story on Target »

Target sees Q4 SSS up…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 20

    Nov

  • 03

    Mar

MMS

Maximus

$63.91

-2.05 (-3.11%)

06:33
11/20/18
11/20
06:33
11/20/18
06:33
Earnings
Maximus sees FY19 revenue $2.95B-$3.0B, consensus $2.53B »

Sees FY19 EPS…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

    Nov

TGT

Target

$77.13

-1.9 (-2.40%)

06:33
11/20/18
11/20
06:33
11/20/18
06:33
Earnings
Target reports Q3 adj. EPS $1.09, consensus $1.12 »

Reports Q3 revenue…

03/08/13
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  • 20

    Nov

  • 03

    Mar

HRL

Hormel Foods

$45.36

-0.535 (-1.17%)

06:32
11/20/18
11/20
06:32
11/20/18
06:32
Earnings
Hormel Foods reports Q4 adj. EPS 51c, consensus 49c »

Reports Q4 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 20

    Nov

MMS

Maximus

$63.91

-2.05 (-3.11%)

06:31
11/20/18
11/20
06:31
11/20/18
06:31
Earnings
Maximus reports Q4 revenue $558.4M, consensus $587.58M »

Reports Q4 EPS 71c vs.…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

    Nov

HSDT

Helius Medical

$8.02

-0.08 (-0.99%)

06:31
11/20/18
11/20
06:31
11/20/18
06:31
Upgrade
Helius Medical rating change  »

Helius Medical upgraded…

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