Breaking News Instant updates and real-time market news.

GPRO

GoPro

$4.87

0.11 (2.31%)

12:54
04/12/18
04/12
12:54
04/12/18
12:54

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

GoPro CEO Nick Woodman has said publicly that he is open to a deal and China's Xiaomi has weighed a potential bid, though it does not want to overpay for the action camera maker, according to The Information's Alfred Lee, who cites a person familiar with the matter. Bankers pitched China's DJI on a deal to buy GoPro, but the drone maker did not see value and did not pursue a deal, the report added. "In a sale, GoPro could conceivably fetch $1 billion, based on the price that Hewlett Packard paid for Palm-another struggling electronics maker-in 2010," Lee contends. Reference Link

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
11/15/18
11/15
16:17
11/15/18
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MRCY

Mercury Systems

$49.98

1.47 (3.03%)

16:17
11/15/18
11/15
16:17
11/15/18
16:17
Hot Stocks
Mercury Systems awarded multi-year contract from aircraft manufacturer »

Mercury Systems confirmed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

APC

Anadarko

$55.49

1.09 (2.00%)

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Hot Stocks
Anadarko sees 2019 total MMBOE 260 - 270 »

Sees 2019 Oil (MBOPD) 410…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CBM

Cambrex

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Initiation
Cambrex initiated  »

Cambrex initiated with an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NKE

Nike

$74.33

-0.9 (-1.20%)

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Hot Stocks
Nike raises quarterly dividend 10% to 22c per share »

Nike announced that its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CTLT

Catalent

$39.06

1.16 (3.06%)

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Initiation
Catalent initiated  »

Catalent initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

  • 27

    Nov

$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Technical Analysis
NYSE market internals summary »

Volume was average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DGII

Digi International

$11.56

0.38 (3.40%)

16:16
11/15/18
11/15
16:16
11/15/18
16:16
Earnings
Digi International sees FY19 EPS 20c-35c »

Sees FY19 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

QCOM

Qualcomm

$55.38

1.44 (2.67%)

, AAPL

Apple

$191.42

4.61 (2.47%)

16:15
11/15/18
11/15
16:15
11/15/18
16:15
Upgrade
Qualcomm, Apple rating change  »

Qualcomm upgraded to…

QCOM

Qualcomm

$55.38

1.44 (2.67%)

AAPL

Apple

$191.42

4.61 (2.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DGII

Digi International

$11.56

0.38 (3.40%)

16:15
11/15/18
11/15
16:15
11/15/18
16:15
Earnings
Digi International sees Q1 EPS (3c)-(1c) »

Sees Q1 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

INWK

InnerWorkings

$4.76

0.01 (0.21%)

16:15
11/15/18
11/15
16:15
11/15/18
16:15
Hot Stocks
InnerWorkings announces multi-year technology contract, terms not stated »

InnerWorkings announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

16:15
11/15/18
11/15
16:15
11/15/18
16:15
General news
Breaking General news story  »

Week of 11/5 Money Supply…

16:15
11/15/18
11/15
16:15
11/15/18
16:15
General news
Breaking General news story  »

Week of 11/14 Fed Balance…

NGVC

Natural Grocers

$16.63

0.03 (0.18%)

16:14
11/15/18
11/15
16:14
11/15/18
16:14
Earnings
Natural Grocers sees FY19 EPS 33c-40c, consensus »

Sees FY19 number of new…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

APC

Anadarko

$55.45

1.045 (1.92%)

16:14
11/15/18
11/15
16:14
11/15/18
16:14
Hot Stocks
Anadarko announces 2019 capital program of $4.3B-$4.7B »

Highlights include: 70%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DGII

Digi International

$11.56

0.38 (3.40%)

16:14
11/15/18
11/15
16:14
11/15/18
16:14
Earnings
Digi International reports Q4 adjusted EPS 8c, consensus 6c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

HAYN

Haynes

$31.30

-0.33 (-1.04%)

16:14
11/15/18
11/15
16:14
11/15/18
16:14
Earnings
Haynes sees Q1 revenue lower than Q4 revenue »

Due to the planned outage…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Nov

NGVC

Natural Grocers

$16.62

0.015 (0.09%)

16:13
11/15/18
11/15
16:13
11/15/18
16:13
Earnings
Natural Grocers reports Q4 EPS 9c vs. 6c a year ago »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

APC

Anadarko

$55.31

0.91 (1.67%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Hot Stocks
Anadarko raises share repurchase authorization by $1B, hikes dividend 20% »

Anadarko announced its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HAYN

Haynes

$31.30

-0.33 (-1.04%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Earnings
Haynes reports Q4 EPS 25c, consensus 27c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Nov

EQ

Equillium

$15.80

0.3 (1.94%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Earnings
Equillium reports Q3 EPS (44c), one-estimate (11c) »

Cash and cash…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SONO

Sonos

$14.17

0.2 (1.43%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Earnings
Sonos sees Q1 revenue $485M-$495M, consensus $469.41M »

Sees Q1 adjusted EBITDA…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

JWN

Nordstrom

$58.86

-2.235 (-3.66%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Hot Stocks
Breaking Hot Stocks news story on Nordstrom »

Nordstrom falls over 11%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

ESEA

Euroseas

$1.63

-0.13 (-7.39%)

16:12
11/15/18
11/15
16:12
11/15/18
16:12
Earnings
Euroseas reports Q3 EPS (10c), one estimate 6c »

Reports Q3 revenue $8.3M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Nov

SONO

Sonos

$14.18

0.205 (1.47%)

16:11
11/15/18
11/15
16:11
11/15/18
16:11
Earnings
Sonos sees FY19 revenue $1.25B-$1.275B, consensus $1.21B »

Sees FY19 adjusted EBITDA…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.