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SNAP

Snap

$14.39

-0.53 (-3.55%)

, GOOG

Alphabet

$1,032.51

12.54 (1.23%)

11:00
04/13/18
04/13
11:00
04/13/18
11:00

Snap off lows after Business Insider retweets old story on Google speculation

A move off the lows in shares of Snap (SNAP) has been attributed to Business Insider sending a tweet linking back to a story it had previously published discussing the potential merits of a hypothetical acquisition of the camera company by Alphabet's (GOOG) Google. Reference Link

SNAP

Snap

$14.39

-0.53 (-3.55%)

GOOG

Alphabet

$1,032.51

12.54 (1.23%)

GOOGL

Alphabet Class A

$1,037.29

12.23 (1.19%)

  • 16

    Apr

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    Apr

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    Apr

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    Apr

  • 01

    May

SNAP Snap
$14.39

-0.53 (-3.55%)

03/20/18
CLVD
03/20/18
NO CHANGE
CLVD
Facebook pricing/ROI continuing higher, Twitter feedback constructive, says Cleveland Research
Citing a recent research into the digital advertising channel, Cleveland Research analyst Kevin Rottinghaus says that Facebook (FB) pricing continues to increase, justified by a continued improvement in ROI, and the social media platform appears to be opening more inventory on Instagram and Messenger. Meanwhile, the analyst says Twitter (TWTR) continues to improve in ad technology, advertiser/partner engagement, traffic and users, and the company is seeing some signs that ad dollars are coming back into the platform. Snap, on the other hand, is still seeing limited ad dollars to the platform as ROI and ad tech lag, with app redesign receiving cautious feedback, he contends. The analyst also pointed out that Amazon (AMZN) is viewed as taking incremental dollars otherwise likely to paid search and Google (GOOG; GOOGL), while remaining aggressive in expanding ad tech and sales channels.
03/22/18
LEHM
03/22/18
NO CHANGE
LEHM
Facebook, Twitter MAUs could drop on European regulation, says Barclays
Barclays analyst Ross Sandler says his recent checks indicate Europe's General Data Protection Regulation could be "slightly more problematic than Facebook (FB) implied in recent commentary." The analyst sees risk that reported monthly active users could drop off for Facebook and Twitter (TWTR) starting in late Q2. He adds, however, that daily active users are "far more important and less of a GDPR concern for the social networks." Daily users may also drop off a bit, Sandler adds. The analyst sees less of impact on ad revenue. Further, his checks suggest that most companies using cookies and tags for digital marketing should be relatively unchanged as most publishers have been using GDPR compliant notifications for months ahead of the May mandate. Beyond GDPR, Sandler thinks ePrivacy regulation, slated for 2020 and beyond, may be even more problematic for the social media group, and "accrue more control" to Google (GOOG, GOOGL) and Apple (AAPL).
04/11/18
MONN
04/11/18
INITIATION
MONN
Neutral
Snap transferred with a Neutral at Monness Crespi
Monness Crespi transferred coverage of Snap with a Neutral rating.
04/12/18
LEHM
04/12/18
NO CHANGE
Target $21
LEHM
Overweight
Snap should be bought ahead of Q1 results, says Barclays
Barclays analyst Ross Sandler recommends adding to Snap positions ahead of the company's Q1 earnings report. The stock has retraced most of the post-Q4 gains on concerns around a daily active user miss from the recent redesign, Sandler tells investors in a pre-earnings research note. He thinks these concerns are overdone and expects to see another quarter of revenuer upside. Snap's Q1 revenue "should be solid," and a "non-seasonal upside print" with a "constructive tone" on progress in 2018 would go a long way toward inspiring shareholder confidence, Sandler contends. The analyst keeps an Overweight rating on the shares with a $21 price target.
GOOG Alphabet
$1,032.51

12.54 (1.23%)

04/10/18
MSCO
04/10/18
NO CHANGE
Target $1175
MSCO
Overweight
Morgan Stanley says consensus view on Alphabet expenses seems too optimistic
Morgan Stanley analyst Brian Nowak predicts that Alphabet's Q1 EPS will miss the consensus view by 8% as he believes consensus modeling of a $2B sequential decline in operating expenses, which he notes would be the largest sequential operating expense decline in 5 years, seems too optimistic given the company's investments in the cloud, YouTube and hardware. He also believes the company's large, important strategic investments will reinforce the need for improved disclosure from Alphabet, Nowak tells investors. While he trimmed his price target on the stock to $1,175 from $1,200, Nowak is still bullish about Alphabet's long-term opportunity and he keeps an Overweight rating on the shares.
04/11/18
WBLR
04/11/18
NO CHANGE
WBLR
Google interest ups chances of in-flight Wi-Fi acquisition, says William Blair
"We have seen this movie before" is what William Blair analyst Louie DiPalma says after Bloomberg reported yesterday that Google (GOOG, GOOGL) is in advanced talks to acquire Nokia's in-flight connectivity hardware business. Google joins a long list of technology, telecom, and media providers that have exhibited a strategic interest in in-flight Wi-Fi, "although all have thus far stayed on the perimeter," DiPalma tells investors in a research note. The analyst notes that incumbents Gogo (GOGO), Panasonic (PCRFY), ViaSat (VSAT), Global Eagle Entertainment (ENT), and Inmarsat (IMASY) have invested billions toward satellite capacity and infrastructure. The industry is all about scale and potential new entrants would not have any, DiPalma contends. He believes it would take any new entrant many years to build a network from scratch, obtain regulatory approvals, and procure line-fit partnerships. The analyst thinks Google's interest in in-flight connectivity increases the probability that a tech or telecom company would buy an incumbent in the space. DiPalma has Outperform ratings on ViaSat and Gogo and a Market Perform rating on Global Eagle.
04/11/18
04/11/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL), Apple (AAPL), and Facebook (FB) were initiated with a Buy at Monness Crespi. 2. Caterpillar (CAT) initiated with a Buy at Buckingham. 3. JPMorgan (JPM) initiated with a Hold at HSBC. 4. eBay (EBAY) assumed with an Overweight at KeyBanc. 5. Ericsson (ERIC) initiated with a Hold at Berenberg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/13/18
NOMU
04/13/18
INITIATION
Target $21
NOMU
Reduce
Nomura Instinet puts Reduce rating on Dropbox with $21 price target
Nomura Instinet analyst Christopher Eberle last night initiated Dropbox (DBX) with a Reduce rating and $21 price target. The shares closed yesterday up 95c to $33.27. Dropbox's "consistently low" penetration rates, "extremely low" conversion rates, and lack of enterprise salesforce creates little room for upside potential, Eberle tells investors in a research note. If trends do not improve, the shares have "significant downside," the analyst argues. Eberle admits, however, that Dropbox has positioned itself as a top player in the backup storage and workplace collaboration space. The company is a "staunch competitor" to Microsoft's (MSFT) OneDrive, Google's (GOOG, GOOGL) Drive and Apple's (AAPL) iCloud, Eberle contends.
GOOGL Alphabet Class A
$1,037.29

12.23 (1.19%)

04/11/18
MONN
04/11/18
INITIATION
Target $1280
MONN
Buy
Alphabet initiated with a Buy at Monness Crespi
Monness Crespi initiated Alphabet with a Buy and $1,280 price target.

TODAY'S FREE FLY STORIES

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PYPL

PayPal

$77.22

-1.8 (-2.28%)

20:49
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PayPal analyst commentary at Stifel »

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ALRM

Alarm.com

$44.50

0.16 (0.36%)

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SGBAF

SES S.A.

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JNJ

Johnson & Johnson

$133.75

-0.03 (-0.02%)

, UNH

UnitedHealth

$259.80

0.36 (0.14%)

20:25
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JNJ

Johnson & Johnson

$133.75

-0.03 (-0.02%)

UNH

UnitedHealth

$259.80

0.36 (0.14%)

GS

Goldman Sachs

$215.28

1.37 (0.64%)

MS

Morgan Stanley

$43.45

(0.00%)

BLK

BlackRock

$427.40

-0.18 (-0.04%)

PLD

Prologis

$63.00

0.45 (0.72%)

PGR

Progressive

$66.23

-0.64 (-0.96%)

GWW

Grainger

$318.38

6.75 (2.17%)

OMC

Omnicom

$69.48

0.8 (1.16%)

CMA

Comerica

$83.69

-1.04 (-1.23%)

JBHT

J.B. Hunt

$111.78

2.52 (2.31%)

DPZ

Domino's Pizza

$273.13

-4.215 (-1.52%)

FHN

First Horizon

$15.99

-0.11 (-0.68%)

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TWLO

Twilio

$76.26

1.27 (1.69%)

, SEND

SendGrid

$30.94

0.04 (0.13%)

20:13
10/15/18
10/15
20:13
10/15/18
20:13
Recommendations
Twilio, SendGrid analyst commentary at MUFG »

MUFG analyst 'fully…

TWLO

Twilio

$76.26

1.27 (1.69%)

SEND

SendGrid

$30.94

0.04 (0.13%)

03/08/13
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  • 06

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PANW

Palo Alto Networks

$209.49

-2.51 (-1.18%)

20:07
10/15/18
10/15
20:07
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20:07
Recommendations
Palo Alto Networks analyst commentary at JPMorgan »

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SVA

Sinovac Biotech

$7.16

-0.03 (-0.42%)

20:03
10/15/18
10/15
20:03
10/15/18
20:03
Hot Stocks
Sinovac Biotech commences legal proceedings in Hong Kong »

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NWN

Northwest Natural Gas

$67.70

0.36 (0.53%)

20:01
10/15/18
10/15
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20:01
Hot Stocks
Northwest Natural Water unit to buy Sunriver Water LLC, terms not stated »

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  • 06

    Nov

VFC

VF Corp.

$87.65

0.11 (0.13%)

19:53
10/15/18
10/15
19:53
10/15/18
19:53
Initiation
VF Corp. initiated at Wedbush »

VF Corp. initiated with a…

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  • 19

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LVS

Las Vegas Sands

$55.84

-0.32 (-0.57%)

19:39
10/15/18
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19:39
Upgrade
Las Vegas Sands rating change at HSBC »

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OXY

Occidental Petroleum

$72.24

-4.69 (-6.10%)

19:37
10/15/18
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19:37
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19:37
Recommendations
Occidental Petroleum analyst commentary at MUFG »

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AVMXY

Avita Medical

$0.00

(0.00%)

19:24
10/15/18
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Hot Stocks
Avita Medical announces Recell trial results presentation »

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FB

Facebook

$153.56

-0.2 (-0.13%)

19:16
10/15/18
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Hot Stocks
Facebook confirms expanding policies on voter suppression »

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JBHT

J.B. Hunt

$111.78

2.52 (2.31%)

, SEND

SendGrid

$30.94

0.04 (0.13%)

18:58
10/15/18
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Hot Stocks
Fly Intel: After Hours Movers »

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JBHT

J.B. Hunt

$111.78

2.52 (2.31%)

SEND

SendGrid

$30.94

0.04 (0.13%)

TWLO

Twilio

$76.26

1.27 (1.69%)

HQCL

Hanwah Q Cells

$8.20

-0.13 (-1.56%)

ADBE

Adobe

$238.05

-10.84 (-4.36%)

CRY

CryoLife

$30.64

0.42 (1.39%)

TRQ

Turquoise Hill

$1.96

-0.015 (-0.76%)

JELD

Jeld-Wen

$21.31

-0.04 (-0.19%)

TTOO

T2 Biosystems

$5.30

0.17 (3.31%)

ACRS

Aclaris Therapeutics

$13.38

-0.21 (-1.55%)

AGN

Allergan

$183.03

-0.275 (-0.15%)

PANW

Palo Alto Networks

$209.49

-2.51 (-1.18%)

SNAP

Snap

$7.41

0.225 (3.13%)

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    Dec

SHLD

Sears

$0.31

-0.0901 (-22.52%)

18:43
10/15/18
10/15
18:43
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18:43
Hot Stocks
Sears receives court approval of 'first day' motions to support business ops »

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WAB

Wabtec

$97.03

1.63 (1.71%)

18:38
10/15/18
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18:38
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18:38
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Wabtec rating change at Wellington Shields »

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  • 06

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TGE

Tallgrass Energy

$23.73

0.17 (0.72%)

18:30
10/15/18
10/15
18:30
10/15/18
18:30
Hot Stocks
Tallgrass Energy, Silver Creek Midstream to expand Powder River Basin JV »

Tallgrass Energy and…

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DIS

Disney

$113.47

0.86 (0.76%)

, GOOG

Alphabet

$1,092.00

-18.93 (-1.70%)

18:21
10/15/18
10/15
18:21
10/15/18
18:21
Hot Stocks
Disney-backed Jaunt to focus efforts on AR, says some staff will be 'moving on' »

Jaunt, a top-funded VR…

DIS

Disney

$113.47

0.86 (0.76%)

GOOG

Alphabet

$1,092.00

-18.93 (-1.70%)

GOOGL

Alphabet Class A

$1,101.58

-19.41 (-1.73%)

03/08/13
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    Mar

HMC

Honda

$27.05

-0.16 (-0.59%)

18:19
10/15/18
10/15
18:19
10/15/18
18:19
Hot Stocks
Honda to recall 54 model year 2017-2018 Honda Civic and Honda CR-V vehicles »

American Honda will…

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  • 24

    Oct

MSFT

Microsoft

$107.60

-1.94 (-1.77%)

18:15
10/15/18
10/15
18:15
10/15/18
18:15
Hot Stocks
Microsoft co-founder Paul Allen dead at 65 »

Vulcan Inc. released…

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  • 03

    Mar

OII

Oceaneering

$25.69

0.4 (1.58%)

18:15
10/15/18
10/15
18:15
10/15/18
18:15
Hot Stocks
Oceaneering provides update following Hurricane Michael »

Oceaneering International…

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