Breaking News Instant updates and real-time market news.

BR

Broadridge

$115.06

-0.56 (-0.48%)

, T

AT&T

$32.33

0.24 (0.75%)

04:55
05/17/18
05/17
04:55
05/17/18
04:55

JPMorgan to hold a conference

46th Annual Global Technology, Media & Communications Conference will be held in Boston on May 15-17.

BR

Broadridge

$115.06

-0.56 (-0.48%)

T

AT&T

$32.33

0.24 (0.75%)

V

Visa

$130.89

-0.19 (-0.14%)

CNK

Cinemark

$36.24

-0.175 (-0.48%)

ST

Sensata

$52.32

0.55 (1.06%)

S

Sprint

$5.08

-0.05 (-0.97%)

P

Pandora

$7.62

0.37 (5.10%)

I

Intelsat

$13.69

0.02 (0.15%)

ADTN

Adtran

$14.75

0.2 (1.37%)

IPG

Interpublic Group

$24.05

-0.16 (-0.66%)

MXIM

Maxim Integrated

$58.49

0.77 (1.33%)

DISCA

Discovery

$23.69

0.74 (3.22%)

VZ

Verizon

$47.87

0.09 (0.19%)

NYT

New York Times

$23.35

0.35 (1.52%)

VG

Vonage

$11.29

0.095 (0.85%)

WWE

WWE

$43.58

-0.07 (-0.16%)

SWCH

Switch

$13.19

0.04 (0.30%)

JNPR

Juniper

$26.86

0.025 (0.09%)

ADBE

Adobe

$237.38

0.83 (0.35%)

FEYE

FireEye

$17.54

-0.3 (-1.68%)

RCI

Rogers Communications

$48.57

0.51 (1.06%)

FTR

Frontier Communications

$9.38

0.07 (0.75%)

RHT

Red Hat

$161.93

-1.63 (-1.00%)

ORCL

Oracle

$46.73

-0.07 (-0.15%)

CY

Cypress Semiconductor

$16.52

0.27 (1.66%)

  • 17

    May

  • 17

    May

  • 21

    May

  • 21

    May

  • 22

    May

  • 23

    May

  • 23

    May

  • 24

    May

  • 29

    May

  • 30

    May

  • 30

    May

  • 12

    Jun

  • 13

    Jun

  • 13

    Jun

  • 14

    Jun

BR Broadridge
$115.06

-0.56 (-0.48%)

11/09/17
DADA
11/09/17
NO CHANGE
Target $86
DADA
Neutral
Broadridge price target raised to $86 from $80 at DA Davidson
DA Davidson analyst Peter Heckmann raised his price target on Broadridge to $86 and kept his Neutral rating following Q1 results. Heckmann estimates the company's organic revenue growth around 2%-3%, adding that while as much as 80% of its sales are "contractually recurring and fairly predictable", earnings variations are possible due to high-margin equity trade processing and event-driven proxy revenue streams.
08/07/17
DADA
08/07/17
INITIATION
Target $74
DADA
Neutral
Broadridge initiated with a Neutral at DA Davidson
DA Davidson analyst Peter Heckmann started Broadridge Financial Solutions with a Neutral rating and $74 price target. The analyst views the risk/reward as balanced at current share levels
08/08/17
08/08/17
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. Amazon.com (AMZN), Alphabet (GOOG, GOOGL), and Facebook (FB) were reinstated with a Buy at Mizuho, while eBay (EBAY) and Twitter (TWTR) were reinstated with an Underperform. 2. Broadridge (BR) initiated with a Neutral at DA Davidson. 3. Brighthouse Financial (BHF) initiated with an Overweight at Barclays. 4. Akcea Therapeutics (AKCA) WAS initiated with an Outperform at BMO Capital and Cowen, an Outperform at Wells Fargo, as well as a Buy at Stifel. 5. Lockheed Martin (LMT) and Raytheon (RTN) were initiated with an Overweight at Morgan Stanley, while Northrop Grumman (NOC) was initiated with an Equal Weight, and General Dynamics (GD) was initiated with an Underweight at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
T AT&T
$32.33

0.24 (0.75%)

05/03/18
RHCO
05/03/18
NO CHANGE
Target $35
RHCO
Hold
AT&T price target lowered to $35 from $40 at SunTrust
SunTrust analyst Greg Miller lowered his price target on AT&T to $35 and kept his Hold rating, saying the company's Q1 results "highlight the various challenges" that it faces. While churn is improving and pre-paid net subscriber additions growth continues, the analyst sees a shift from Pay-TV to OTT model weighing on revenue and margins in the Entertainment and Internet segments.
04/30/18
MSCO
04/30/18
NO CHANGE
MSCO
Morgan Stanley discusses T-Mobile deal implications for competitors, towers
After T-Mobile (TMUS) and Sprint (S) announced a merger agreement, Morgan Stanley analyst Simon Flannery said that while the $43B in estimated synergies is "impressive," the key question is how likely is it that the companies can gain regulatory approval. On competition, he thinks the deal may contribute to a more benign competitive environment in the near-term and that AT&T (T) and Verizon (VZ) could benefit from market consolidation, though he adds that the new T-Mobile would be a formidable competitor in new areas such as 5G and fixed broadband. Flannery added that the deal will be an overhang on tower and fiber providers, noting that part of their $4B in annual network synergies involves a reduction in tower counts from 110,000 to 85,000 over time. However, the analyst said he would expect much more gear to be deployed on each tower and small cells will still expand to 50,000 from 10,000. Tower operators include American Tower (AMT), Crown Castle (CCI) and SBA Communications (SBAC), which are all lower in pre-market trading.
05/02/18
BRRR
05/02/18
NO CHANGE
Target $110
BRRR
Outperform
Odds in favor of Time Warner deal closing, says Barrington
Barrington analyst James Goss said he continues to expect the acquisition of Time Warner (TWX) by AT&T (T) to ultimately gain court approval and his Outperform rating in part reflects the significant gap from the AT&T takeout offer. He also sees relatively modest downside risk in the event of the deal being blocked, given the continued fundamental support based on existing Time Warner assets and operations, he tells investors. Goss maintains a $110 price target on Time Warner shares.
05/01/18
DBAB
05/01/18
NO CHANGE
Target $36
DBAB
Hold
AT&T multiples at 'historical lows,' says Deutsche Bank
Deutsche Bank analyst Matthew Niknam sees value in shares of AT&T with "multiples at historical lows." Despite lowering his earnings estimates by 1%-2%, the analyst says the stock's "heavily discounted valuation is noteworthy." AT&T currently trades at 9.6 times 2018 earnings estimates, which marks its historical trough, Niknam tells investors in a research note. He believes the 6.1% dividend yield should provide additional downside support. Nonetheless, Niknam lowered his price target for AT&T to $36 from $41 and keeps a Hold rating on the shares.
V Visa
$130.89

-0.19 (-0.14%)

04/11/18
LOOP
04/11/18
NO CHANGE
Target $70
LOOP
Hold
PayPal extension to banking services may add value, says Loop Capital
Loop Capital analyst Joseph Vafi writes that yesterday's suggestion by PayPal (PYPL) COO to direct more of the company's focus toward "bank-like services," including debit cards and check deposits, would be a positive strategic direction given the "underbanked" conditions, growth, and margin expansion potential of that market. Vafi adds that these services could also provide a brand expansion for Venmo and "stem transaction margin declines" in PayPal's core business. The analyst keeps his Hold rating and $70 price target however, stating that PayPal valuation is "essentially at parity" with the main card networks Visa (V) and MasterCard (MA).
04/17/18
JEFF
04/17/18
NO CHANGE
Target $200
JEFF
Buy
Jefferies boosts price targets on Mastercard, Visa ahead of Q1 results
Jefferies analyst Ramsey El-Assal raised his price target for Mastercard (MA) to $200 from $195 and for Visa (V) to $145 from $143 ahead of the Q1 earnings reports. The analyst's analysis of leading indicators points to a "healthy fundamental backdrop" for both companies in the quarter. He raised his estimates above consensus and maintains a "modest relative preference" for Mastercard citing a more favorable growth profile. El-Assal keeps Buy rating on both stocks.
05/03/18
BERN
05/03/18
NO CHANGE
BERN
Amazon poses a long-term risk to PayPal, says Bernstein
Bernstein analyst Harshita Rawat notes that Bloomberg reported that Amazon (AMZN) is offering discounts to merchants to adopt Amazon Pay. While the analyst sees limited "new news," he believes that Amazon poses a long-term, risk to PayPal (PYPL). Regarding impact on Visa (V) and MasterCard (MA), Rawat does believe Amazon brings some risk of brand obfuscation, pricing pressure and yet another formidable payment wallet to contend with. However, the risk is more contained than is often perceived, he adds.
03/27/18
BERN
03/27/18
INITIATION
Target $143
BERN
Outperform
Visa initiated with an Outperform at Bernstein
Bernstein started Visa with an Outperform rating and $143 price target.
CNK Cinemark
$36.24

-0.175 (-0.48%)

04/05/18
MOFT
04/05/18
UPGRADE
MOFT
Neutral
Cinemark upgraded to Neutral from Sell at MoffettNathanson
04/05/18
04/05/18
UPGRADE

Neutral
Cinemark upgraded to Neutral at MoffettNathanson
As previously reported, MoffettNathanson upgraded Cinemark to Neutral from Sell with a $35 price target. Analyst Robert Fishman said risk/reward is balanced following strong Q1 results.
01/24/18
MKMP
01/24/18
NO CHANGE
Target $44
MKMP
Buy
Cinemark price target lowered to $44 from $46 at MKM Partners
MKM Partners analyst Eric Handler lowered his price target on Cinemark to $44 on lower than expected domestic box office sales growth in Q4. Handler keeps his Buy rating however, stating there are still multiple lever remaining in place for 2018 amid an improved box office line-up, increased capital returns from U.S. tax reform, accelerated screen growth, and higher potential for M&A activity.
02/26/18
RBCM
02/26/18
NO CHANGE
Target $46
RBCM
Outperform
Cinemark price target raised to $46 from $40 at RBC Capital
RBC Capital analyst Leo Kulp raised his price target on Cinemark to $46, stating that while the stock had a year-to-date run-up of 21% on improving industry conditions, tax reform, and better Latin America screen guidance, there is "room to run" based on his strong Q2 box office outlook. Kulp keeps his Outperform rating longer-term, noting that the 2019 benefits of moderating capital expenditures and lower taxes are expected to drive higher capital returns.
ST Sensata
$52.32

0.55 (1.06%)

12/13/17
OPCO
12/13/17
NO CHANGE
Target $62
OPCO
Outperform
Sensata price target raised to $62 from $57 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Sensata to $62 from $57 on valuation. The analyst reiterates an Outperform rating on the shares.
12/01/17
RHCO
12/01/17
DOWNGRADE
Target $52
RHCO
Hold
Sensata downgraded to Hold at SunTrust on lower sales growth view
As reported earlier, SunTrust analyst William Stein downgraded Sensata to Hold from Buy and lowered his price target to $52 from $55. Stein says that while the company's earnings growth still looks attractive relative to valuation, there is a risk of lower sales growth and high financial leverage. The analyst also notes that although Sensata has been aligned with "one of the fastest growing end markets in semis/components" - automotive - the company's organic revenue growth has been below the sector unit growth in the past 3 years. Stein adds that Sensata has also recently taken a more conservative view on growth, retreating from expectation of accelerating organic growth in FY18.
12/13/17
JPMS
12/13/17
NO CHANGE
Target $60
JPMS
Overweight
JPMorgan ups Sensata target to $60 on 'strong' 2020 guidance
JPMorgan analyst Samik Chatterjee raised his price target for Sensata to $60 from $56 following yesterday's investor day. The analyst says the company's 2020 outlook "comfortably surpassed investor expectations." He sees further upside in the shares from potential re-rating and keeps an Overweight rating on the name.
12/13/17
STFL
12/13/17
NO CHANGE
Target $60
STFL
Buy
Sensata price target raised to $60 after investor day at Stifel
Following an "upbeat" investor day where Sensata guided to mid-single digit organic revenue growth and low-double digit EPS growth over the next three years, Stifel analyst Matthew Sheerin raised his forward estimates and increased his price target on the stock to $60 from $55. Sheerin, who thinks additional steady results following more consistent financial performance in recent quarters should help push up the stock's multiple, keeps a Buy rating on Sensata shares.
S Sprint
$5.08

-0.05 (-0.97%)

05/01/18
JEFF
05/01/18
UPGRADE
Target $5.5
JEFF
Hold
Sprint upgraded to Hold from Underperform at Jefferies
Jefferies analyst Scott Goldman upgraded Sprint (S) to Hold raised his price target for the shares to $5.50 from $4.50 following the company's merger agreement with T-Mobile (TMUS). The analyst sees the deal supporting the valuation into the regulatory review.
05/02/18
OPCO
05/02/18
NO CHANGE
Target $90
OPCO
Outperform
Oppenheimer sees 80% chance of regulatory approval for T-Mobile/Sprint merger
Oppenheimer analyst Timothy Horan sees an 80% chance of regulatory approval for T-Mobile (TMUS)/Sprint (S) merger given pro-consumer/investment/jobs focus that scale drives, but with concessions. The analyst reiterates an Outperform rating and $90 price target on T-Mobile shares.
05/08/18
RHCO
05/08/18
NO CHANGE
Target $5.5
RHCO
Hold
Sprint price target lowered to $5.50 at SunTrust
SunTrust analyst Greg Miller lowered his price target on Sprint (S) to $5.50 from $6.50 after its mixed Q4 results, with disappointing ARPU and higher capital expenditures weighing on EBITDA guidance. The analyst expects the perception around Sprint's proposed merger with T-Mobile (TMUS) to dominate investor sentiment amid an "increasingly competitive market", but sees little chance of the passage due to regulatory concerns in spite of Sprint's "targeted pitch around 5G and China that could well resonate with regulators and politicians". Miller keeps a Hold rating on Sprint.
05/03/18
STFL
05/03/18
NO CHANGE
STFL
Stifel says Alaska, JetBlue may be targets if 'Big 4' think they can consolidate
Stifel analyst Joseph DeNardi said in a note to investors prior to the open that the proposed merger of Sprint (S) and T-Mobile (TMUS), and the related approval process, is the first major test of the Trump administration's view on consolidation. Depending on how this case plays out, management teams at the "Big 4" airlines would have significant interest in acquiring Alaska Air (ALK) or JetBlue (JBLU) if they think they could be successful in doing so, he contends. He believes the current consensus in the industry is that Alaska will serve as buyer and consolidator within its segment, but should the Big 4 believe that they could be permitted to be buyers, the M&A outlook would likely change, DeNardi tells investors.
P Pandora
$7.62

0.37 (5.10%)

05/04/18
05/04/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Huntington Ingalls (HII) upgraded to Outperform from Market Perform at Wells Fargo with analyst Sam Pearlstein saying he believes the company's free cash flow will be higher than previously expected in 2019. 2. Valvoline (VVV) upgraded to Neutral from Underweight at JPMorgan with analyst Jeffrey Zekauskas saying he believes the valuation at current levels is fair. 3. Pandora (P) upgraded to Buy from Neutral at B. Riley FBR and to Buy from Hold at SunTrust. 4. Terex (TEX) upgraded to Buy from Hold at Vertical Research with analyst Joseph O'Dea citing improving pricing, valuation, and cycle upside. 5. Emcore (EMKR) upgraded to Buy from Neutral at B. Riley FBR. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/04/18
ADAM
05/04/18
NO CHANGE
Target $8
ADAM
Buy
Pandora Q1 results show signs of stabilization, says Canaccord
Canaccord analyst Maria Ripps said Pandora's Q1 results showed some promising signs and marked two consecutive quarters of progress. She noted audience is declining, but at a slower pace, and management is taking concrete steps in product to stabilize and then grow the listener base. Ripps reiterated her Buy rating and raised her price target to $8 from $7 on Pandora shares.
05/10/18
ADAM
05/10/18
NO CHANGE
Target $10
ADAM
Buy
Pandora management meetings increase confidence at Canaccord
Canaccord analyst Maria Ripps met with Pandora management and came away with increased confidence. The analyst said AdsWizz should support continued ad RPM construction, Premium Access and other initiatives should help the listener base return to growth, and she sees an opportunity for margin savings with the upcoming licensing talks with major labels. Ripp reiterated her Buy rating and raised her price target to $10 from $8 on Pandora shares.
05/07/18
BMOC
05/07/18
NO CHANGE
Target $9
BMOC
Outperform
Pandora price target raised to $9 from $7 at BMO Capital
BMO Capital analyst Daniel Salmon raised his price target on Pandora to $9 and kept his Outperform rating, saying that the investment thesis attached to his upgrade in November is playing out. The analyst notes that the acquisition of AdsWill should accelerate the monetization road map by as much as two years. Salmon also cites the rate of user decline slowing in the most recent quarter while its Premium Access offering requiring users to watch a 15-second video ad in exchange for an ad-free session is meeting with success.
I Intelsat
$13.69

0.02 (0.15%)

10/26/17
RBCM
10/26/17
DOWNGRADE
RBCM
Sector Perform
Intelsat downgraded to Sector Perform from Outperform at RBC Capital
10/05/17
RBCM
10/05/17
NO CHANGE
RBCM
Intelsat could enhance value with potential spectrum deal, says RBC Capital
After examining Intelsat's recent FCC submission, RBC Capital analyst Wilton Fry thinks the company may obtain about $1.7B or about $14 per share from selling spectrum. The analyst says that such a deal "could be very value enhancing." He keeps an Outperform rating on the stock.
03/01/18
JPMS
03/01/18
UPGRADE
JPMS
Neutral
Intelsat upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Philip Cusick upgraded Intelsat to Neutral saying favorable newsflow is likely to continue as the company's plan to sell C-band spectrum looks viable.
11/01/17
UBSW
11/01/17
DOWNGRADE
Target $3
UBSW
Sell
Intelsat downgraded to Sell from Neutral at UBS
UBS analyst Batya Levi downgraded Intelsat to Sell with a price target of $3.00. The analyst views consensus estimates as too optimistic following management's "cautious commentary" on the Q3 earnings call. Pricing pressure continues and the EPIC fleet is ramping slower than anticipated, Levi tells investors in a post-earnings research note.
ADTN Adtran
$14.75

0.2 (1.37%)

04/19/18
ARGS
04/19/18
DOWNGRADE
ARGS
Hold
Adtran downgraded to Hold at Argus on lower revenues and margin compression
As reported earlier, Argus analyst Jim Kelleher downgraded Adtran to Hold after its miss on Q1 results and below-consensus outlook for Q1. The analyst further states that the company has pushed out its expectations for a key client conducting a strategic review of spending, leading to revenue decline for its North America segment to an all-time low. Kelleher adds that even once that strategic review is completed, there is no assurance that the company can regain its prior business levels, stating that Adtran's return to sales and earnings growth appear "increasingly distant".
04/19/18
04/19/18
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. Clorox (CLX) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Dara Mohsenian saying valuation looks "stretched" on muted earnings growth and lowered his fiscal 2019 earnings estimate by 2% to reflect deterioration in U.S. Household Products sector. 2. Adtran (ADTN) downgraded to Hold from Buy at Argus with analyst Jim Kelleher saying the company has pushed out its expectations for a key client conducting a strategic review of spending, leading to revenue decline for its North America segment to an all-time low. 3. Align Technology (ALGN) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Steve Beuchaw saying his web trends tracking implies growth in the next 1-2 quarters slows to 25% from 35%. 4. ConocoPhillips (COP) downgraded to Hold from Buy at Edward Jones with analyst Jason Gammel citing valuation following the recent rally in the shares. 5. Valvoline (VVV) downgraded to Neutral from Buy at Longbow with analyst Dmitry Silversteyn saying he sees a slower pace of price realization in Quick Lubes combined with a higher cost outlook, limiting earnings upside. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/19/18
NEED
04/19/18
NO CHANGE
Target $18
NEED
Buy
Adtran price target lowered to $18 from $22 at Needham
Needham analyst Richard Valera lowered his price target on Adtran (ADTN) to $18 after the company's Q1 earnings miss and lower than expected Q2 outlook. The analyst points to continued slowdown at Adtran's key customer CenturyLink (CTL), adding that its vectoring revenue is unlikely to return to normal. Despite those challenges, Valera points to Adtran management expressing confidence in the ramp of "several programs" that should drive improved earnings in the second half of this year and in 2019, keeping his Buy rating.
04/19/18
MKMP
04/19/18
NO CHANGE
Target $20
MKMP
Buy
Adtran fundamentals have bottomed, says MKM Partners
MKM Partners analyst Michael Genovese nudged his price target on Adtran lower to $20 from $21 after the company's Q1 earnings miss and soft Q2 guidance. The analyst keeps his Buy rating however, stating that the fundamentals for Adtran may have bottomed as he remains positive on the customer capital spending environment as well as the potential of the 5G network build cycle over the next 3-4 years. Genovese also cites Adtran's attractive valuation of 0.9-times enterprise value to expected FY19 sales which is its "historic bottom".
IPG Interpublic Group
$24.05

-0.16 (-0.66%)

04/03/18
PIVT
04/03/18
NO CHANGE
PIVT
Pivotal Research adjusts targets on ad agencies ahead of earnings
Pivotal Research analyst Brian Wieser adjusted his price targets on ad agency holding companies ahead of earnings, maintaining Hold ratings on Interpublic Group (IPG), Omnicom (OMC), Publicis (PUBGY) and a Buy rating on WPP (WPP). He trimmed his target on Interpublic to $25 from $26, lowered his target on Omnicom to $72 from $75, cut Publicis' target to EUR60 from EUR64 and lowered his target on WPP to 1330p from 1420p.
02/20/18
PIVT
02/20/18
DOWNGRADE
Target $26
PIVT
Hold
Interpublic Group downgraded to Hold from Buy at Pivotal Research
Pivotal Research analyst Brian Wieser downgraded Interpublic Group to Hold with an unchanged price target of $26. The analyst believes agency holding company stocks are "close enough to full valuations" following last week's rally.
03/02/18
ATLE
03/02/18
UPGRADE
ATLE
Neutral
Interpublic Group upgraded to Neutral from Underweight at Atlantic Equities
02/16/18
02/16/18
UPGRADE
Target $24

Neutral
Interpublic Group upgraded to Neutral on Q4 upside at Macquarie
As previously reported, Macquarie upgraded Interpublic Group to Neutral from Underperform and raised its price target to $24 from $18.50. Analyst Tim Nollen said the company delivered a surprise Q4 upside and more confident outlook and raised his 2018 earnings estimate to $1.71 from $1.49 on slightly higher top line and margin inputs. Nollen said expectations can now re-set a bit and the earnings profile does not seem as risky.
MXIM Maxim Integrated
$58.49

0.77 (1.33%)

02/28/18
MACQ
02/28/18
DOWNGRADE
MACQ
Neutral
Maxim Integrated downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Srini Pajjuri downgraded Maxim Integrated to Neutral citing valuation and raised its price target to $64 from $62. The analyst said 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 2H 2018 and sees risk of higher volatility in Consumer as Samsung GS9 builds fade.
02/22/18
RBCM
02/22/18
NO CHANGE
Target $325
RBCM
Top Pick
RBC finds takeover targets for Broadcom should Qualcomm deal fail
RBC Capital analyst Amit Daryanani finds it prudent to think about other takeover options for Broadcom (AVGO) should its attempt to acquire Qualcomm (QCOM) fail. Broadcom is in a "unique position" as it generates $9B-$10B of free cash flow annually, has balance sheet that is "almost net debt neutral" and a management team "that has impeccable history in integrating assets," Daryanani tells investors in a research note titled "If not QCOM, Who Is Next?" The analyst sees potential targets in Xilinx (XLNX), Analog Devices (ADI), Maxim Integrated (MXIM), Marvell Technology (MRVL) and Microsemi (MSCC). Daryanani keeps a Top Pick rating on Broadcom with a $325 price target. He believes the company has the ability to sustain double-digit growth with or without Qualcomm.
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.
01/30/18
01/30/18
UPGRADE
Target $60

Equal Weight
Maxim Integrated upgraded to Equal Weight amid M&A headlines at Morgan Stanley
As previously reported, Morgan Stanley analyst Craig Hettenbach upgraded Maxim Integrated to Equal Weight from Underweight, contending that M&A headlines, such as those yesterday from CNBC, likely put a floor under the stock. He increased his price target on Maxim to $60 from $47, which he notes is below the rumored bid of $70 per share, as Hettenbach believes that if a deal is not announced the stock would have downside to $52 per share. Maxim closed up 12% yesterday at $66.27 per share, but is sliding in pre-market back to near $59 per share after Japan's Renesas said last night that it is not the source of CNBC's takeover report and called the report not true.
DISCA Discovery
$23.69

0.74 (3.22%)

05/01/18
GSCO
05/01/18
INITIATION
Target $29
GSCO
Buy
Discovery reinstated with a Buy at Goldman Sachs
Goldman Sachs analyst Drew Borst reinstated coverage of Discovery Inc. with a Buy rating and $29 price target. Before going to Not Rated on the shares in 2017, Goldman had a Sell rating on Discovery Communications. The combination of Discovery and Scripps Networks Interactive creates a market-leading portfolio of unscripted programming with opportunities to distribute Scripps' content in international markets, Borst tells investors in a research note. Further, the combined company has 19% share of U.S. viewers, the largest in the peer group, which should result in increased bargaining power with ad buyers and video distributors, the analyst contends. He sees "ample" synergy opportunity for Discovery and views the current valuation as attractive.
04/24/18
DBAB
04/24/18
UPGRADE
Target $34
DBAB
Buy
Discovery upgraded to Buy with $34 price target at Deutsche Bank
Deutsche Bank analyst Bryan Kraft upgraded Discovery Communications to Buy from Hold and raised his price target for the shares to $34 from $27. The analyst views the shares as undervalued and sees unlevered free cash flow growth through 2021.
05/03/18
JPMS
05/03/18
UPGRADE
Target $29
JPMS
Overweight
Discovery assumed with an Overweight from Neutral at JPMorgan
JPMorgan analyst Alexia Quadrani upgraded Discovery to Overweight with a $29 price target after assuming coverage of the name. Prior to being restricted, the analyst had a Neutral rating on Discovery with a $31 price target. The company continues to face secular headwinds following the Scripps acquisition, but with "greater scale and a notably cheaper valuation," Quadrani tells investors in a research note. She views the near-term risk/reward on the shares as attractive, but admits to having long-term concerns on Discovery as a cable network group exposed to declining linear subscriptions and flattish TV advertising.
04/24/18
04/24/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Hasbro (HAS) upgraded to Buy from Neutral at Monness Crespi with analyst Jim Chartier saying The Toys "R" Us liquidation has created a buying opportunity for Hasbro shares which are down 10% since the end of February. 2. BP (BP) upgraded to Buy from Neutral at Goldman Sachs with analyst Michele Della Vigna saying free cash flow growth and improving returns make BP an attractive turnaround story. 3. Volaris (VLRS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Josh Milberg saying he sees an attractive 12-18 month valuation case for the shares given their 35% selloff to an all-time low. 4. Discovery (DISCA) upgraded to Buy from Hold at Deutsche Bank with analyst Bryan Kraft saying he views the shares as undervalued and sees unlevered free cash flow growth through 2021. 5. KeyCorp (KEY) upgraded to Positive from Neutral at Susquehanna citing a better NIM and loan growth outlook. He also cites the recent pullback in the shares for the rating change. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
VZ Verizon
$47.87

0.09 (0.19%)

05/11/18
05/11/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Verizon (VZ) upgraded to Overweight from Neutral at JPMorgan with analyst Philip Cusick saying after a meeting with CEO Lowell McAdam, he has a better understanding that Verizon's "organic approach to wireless has the company on an increasingly stable footing." 2. Mosaic (MOS) upgraded to Outperform from Sector Perform at RBC Capital with analyst Andrew Wong saying that it is "hard to ignore the improving undercurrents in both phosphate and potash markets." 3. Ultragenyx (RARE) upgraded to Overweight from Equal Weight at Barclays with analyst Gena Wang saying she thinks a higher price target for Crysvita could drive upside to revenue growth expectations. 4. U.S. Bancorp (USB) upgraded to Buy from Neutral at Citi with analyst Keith Horowitz saying now is an opportune time to build positions in the stock after three years of significant underperformance. 5. AMC Networks (AMCX) upgraded to Buy from Hold at Gabelli with the firm saying it remains an excelling company with opportunities to leverage its recent programming momentum into increased advertising and affiliate fees. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/11/18
JPMS
05/11/18
UPGRADE
Target $58
JPMS
Overweight
Verizon upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Philip Cusick upgraded Verizon Communications to Overweight with a $58 price target. The shares at current levels offer a 5% yield and a "free option" on 5G, Cusick tells investors in a research note.
05/11/18
JPMS
05/11/18
UPGRADE
Target $58
JPMS
Overweight
After meeting with CEO, JPMorgan upgrades Verizon to Overweight
JPMorgan analyst Philip Cusick upgraded Verizon Communications to Overweight from Neutral with an unchanged price target of $58. The shares closed yesterday up 81c to $47.20. After meeting with CEO Lowell McAdam, Cusick says he has a better understanding that Verizon's "organic approach to wireless has the company on an increasingly stable footing." Further, the analyst believes Verizon's 5G opportunity "will start to crystallize in the next few months." Cusick expects the company's revenue to stabilize and notes the stock is down 11% this year. The analyst is positive on the 5% dividend yield and "free 5G optionality."
NYT New York Times
$23.35

0.35 (1.52%)

04/30/18
04/30/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Altria Group (MO) upgraded to Outperform from Sector Perform at RBC Capital with analyst Nik Modi saying while his concerns around the macro backdrop and fundamentals persist, the current valuation of 13-times forward PE is attractive relative to the broader Consumer Packaged Goods category given the company's potential catalysts of more dividend increases tracking higher interest rates and the FDA approval process for IQOS electronic cigarettes. 2. Aaron's (AAN) upgraded to Buy from Hold at Loop Capital with analyst Anthony Chukumba saying he remains "impressed" by Progressive's revenue growth and thinks the unit will benefit from Rent-A-Center's (RCII) "ongoing struggles." 3. Cirrus Logic (CRUS) upgraded to Buy from Hold at Craig-Hallum with analyst Anthony Stoss saying he believes Apple (AAPL) headwinds are already priced into the stock and a relief rally is likely following the company's upcoming earnings this Wednesday. 4. Ventas (VTR) upgraded to Market Perform from Underperform at BMO Capital with John Kim citing a more attractive valuation after the stock price came down another 19% in 2018. 5. New York Times (NYT) upgraded to Overweight from Neutral at JPMorgan with analyst Alexia Quadrani saying she believes digital demand will likely drive further "outsized growth" for New York Times. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/30/18
JPMS
04/30/18
UPGRADE
Target $27
JPMS
Overweight
New York Times upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Alexia Quadrani upgraded New York Times to Overweight and raised her price target for the shares to $27 from $25. The analyst believes digital demand will likely drive further "outsized growth" for New York Times. Further, she expects the company's earnings growth to accelerate in early 2019.
VG Vonage
$11.29

0.095 (0.85%)

01/25/18
CHLM
01/25/18
NO CHANGE
CHLM
8x8, Inc., Vonage marriage makes 'great sense,' says Craig-Hallum
Craig-Hallum analyst George Sutton notes that while never confirmed, it was widely believed that 8x8 (EGHT) had entertained interest from third parties back about a year ago, and more recently, Vonage (VG) has expressed desire to pursue a "transformational acquisition." There are only a few acquisitions possible in this market that the analyst feel would fit the definition and 8x8 clearly would be one, he contends. Importantly, Sutton believes it makes sense on a number of strategic bases.
12/20/17
OPCO
12/20/17
NO CHANGE
Target $52
OPCO
Outperform
GTT Communications price target raised to $52 from $39 at Oppenheimer
Oppenheimer analyst Timothy Horan raised his price target for GTT Communications (GTT) to $52 from $39, while reiterating an Outperform rating on the shares. The analyst believes M&A activity should shift from large- to small-cap with GTT, Cogent (CCOI), Boingo Wireless (WIFI), Akamai (AKAM), Interxion (INXN) and Vonage (VG) all attractive targets with strong fundamentals.
11/08/17
SBSH
11/08/17
NO CHANGE
Target $11
SBSH
Buy
Vonage price target raised to $11 from $9.75 at Citi
Citi analyst Michael Rollins raised his price target for Vonage Holdings to $11 citing an improved outlook following the company's Q3 results. The quarter shows execution of the company's strategic plan to generate cash from Consumer while investing in Business is on track, Rollins tells investors in a post-earnings research note. He says the stock at current levels remains at a significant valuation discount to UCaaS and CPaaS peers. The analyst keeps a Buy rating on Vonage.
12/11/17
NEED
12/11/17
NO CHANGE
Target $12
NEED
Buy
Vonage businesses to benefit from secular tailwinds and momentum, says Needham
Needham analyst Richard Valera raised his price target on Vonage to $12 from $10 and kept his Buy rating, saying the company remains his top pick in the space for 2018. Valera anticipates "secular tailwinds and solid business momentum in the UCaaS and CPaaS businesses" at Vonage. The analyst also forecasts strong cash flows from its legacy Consumer business as it de-levers its balance sheet, supporting M&A activity next year.
WWE WWE
$43.58

-0.07 (-0.16%)

05/04/18
BNCH
05/04/18
DOWNGRADE
BNCH
Hold
WWE downgraded to Hold from Buy at Benchmark
Benchmark analyst Mike Hickey downgraded WWE to Hold from Buy citing valuation after the stock's 109% rise over the last year. Investor speculation is net positive on the company's upcoming TV rights fee negotiations, Hickey added.
05/04/18
SBSH
05/04/18
NO CHANGE
Target $43
SBSH
Neutral
WWE price target raised to $43 from $33 at Citi
Citi analyst Jason Bazinet raised his price target for WWE to $43 citing increased TV rights forecasts. The stock is allying as investors await announcements on TV rights renewals, Bazinet tells investors in a research note. At $41 per share, the market is pricing an 80% step up in TV rights, which is possible, the analyst estimates. He notes that average sports step up is 50%. The analyst keeps a Neutral rating on WWE.
04/20/18
BTIG
04/20/18
NO CHANGE
Target $46
BTIG
Buy
WWE price target raised to $46 from $36 at BTIG
BTIG analyst Brandon Ross raised his price target on WWE (WWE) to $46, citing the company's confidence that they can come to an agreement on renewing the rights to their Raw and SmackDown programs which are set to expire in Q3 of 2019. The analyst adds that he has turned "more bullish" regarding the outcome of these negotiations over the past several weeks, suggesting the demand for live programming could lead to emergence of interested bidders among digital platforms such as Facebook (FB).
05/04/18
05/04/18
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. Fluor (FLR) downgraded to Neutral from Outperform at Baird with analyst Andrew Wittmann saying his thesis was based on the early stage commodity cycle recovery and now he sees too few catalysts remaining in a difficult environment for industrials. 2. Diebold (DBD) downgraded to Neutral from Outperform at Credit Suisse with analyst Paul Condra saying he expects a longer turnaround to the story, and prefers a wait-and-see approach as the company's management team moves forward with another round of restructuring initiatives, the details of which have not yet been announced. 3. AMN Healthcare (AMN) downgraded to Neutral from Outperform at Baird with analyst Mark Marcon saying the boost from premium rate assignments appear to be slowing. 4. WWE (WWE) downgraded to Hold from Buy at Benchmark with analyst Mike Hickey citing valuation after the stock's 109% rise over the last year. 5. Colfax (CFX) downgraded to Sector Perform from Outperform at RBC Capital with analyst Seth Weber citing material inflation in the A&GH segment, pressuring continued expansion in margins and organic revenue growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SWCH Switch
$13.19

0.04 (0.30%)

03/12/18
RAJA
03/12/18
UPGRADE
RAJA
Outperform
Switch upgraded to Outperform from Market Perform at Raymond James
05/10/18
COWN
05/10/18
UPGRADE
COWN
Market Perform
Switch upgraded to Market Perform from Underperform at Cowen
05/11/18
COWN
05/11/18
UPGRADE
Target $14.5
COWN
Market Perform
Switch upgraded to Market Perform at Cowen
As reported previously, Cowen analyst Colby Synesael upgraded Switch to Market Perform from Underperform. The analyst cited a new 15MW lease and a $100M increase in incremental contract value. He also believes share could remain range bound given the potential for insider sales and its relatively low returns. Synesael has a $14.50 price target on Switch shares.
04/03/18
BMOC
04/03/18
NO CHANGE
Target $20
BMOC
Outperform
Switch price target lowered to $20 from $23 at BMO Capital
BMO Capital analyst Tim Long lowered his price target on Switch to $20 to reflect the lowered data center REIT peer multiples and his updated model with FY19 EBITDA estimates. The analyst keeps his Outperform rating on Switch following its Q4 earnings beat however, forecasting "strong organic growth" as the company expands its campuses and leverages key partnerships. Longer term, Long expects Switch to benefit from the secular cloud transition in tech, and believes colocation will be one of the fastest growing components of this trend.
JNPR Juniper
$26.86

0.025 (0.09%)

05/02/18
05/02/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Juniper was (JNPR) upgraded to Buy from Neutral at BofA/Merrill and to Hold from Sell at Deutsche Bank. 2. Aetna (AET) upgraded to Overweight from Neutral at Cantor Fitzgerald with analyst Steven Halper saying he views the risk/reward on shares as "more compelling" following the company's first quarter results. 3. Freeport McMoRan (FCX) upgraded to Outperform from Neutral at CIBC with analyst Oscar Cabrera saying shares have dropped over 20% following the Q1 report, reflecting a worst-case scenario for the Indonesia scenario. 4. Shutterfly (SFLY) upgraded to Neutral from Sell at Goldman Sachs with analyst Christopher Merwin citing the better than expected Q1 report. 5. CommScope (COMM) upgraded to Outperform from Market Perform at Northland with analyst Tim Savageaux saying he believes the company's unique mix of exposure to Tier 1 carrier investment in both fiber optic and 4G/5G wireless infrastructure offers compelling value following the sharp pullback in shares after only a "fairly modest" cut to its EPS expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/08/18
05/08/18
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. Juniper (JNPR) initiated with a Neutral at Rosenblatt. 2. Nice Systems (NICE) initiated with an Equal Weight at Morgan Stanley. 3. Mersana Therapeutics (MRSN) initiated with an Outperform at Baird. 4. iQIYI (IQ) initiated with a Buy at Goldman Sachs. 5. Cubic (CUB) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/08/18
RSBL
05/08/18
INITIATION
Target $28
RSBL
Neutral
Juniper initiated with a Neutral at Rosenblatt
Rosenblatt analyst Ryan Kutz initiated Juniper with a Neutral and $28 price target saying sustained SP routing headwinds are likely to continue to pressure margins and earnings leverage.
05/03/18
JPMS
05/03/18
INITIATION
Target $24
JPMS
Underweight
Juniper initiated with an Underweight at JPMorgan
JPMorgan analyst Samik Chatterjee started Juniper Networks with an Underweight rating and $24 price target. The analyst initiated coverage on the Networking Equipment industry with a favorable growth outlook, partly offset by pricing headwinds from lower cost per bit of data. He cites Juniper's transition lower selling prices and less profitable router products as customers move away from paying a premium for proprietary hardware for his Underweight rating.
ADBE Adobe
$237.38

0.83 (0.35%)

03/28/18
RBCM
03/28/18
NO CHANGE
Target $242
RBCM
Outperform
Adobe digital marketing to see 'limited disruption', says RBC Capital
RBC Capital analyst Ross MacMillan writes that Adobe's (ADBE) Digital Marketing Summit was timely amid renewed data privacy and social media advertising related scandals at Facebook (FB). The analyst says that the discussions with the company's customers and partners regarding increased scrutiny in the space suggest that Adobe "remains well placed to serve this market" and will see only a limited near-term disruption. MacMillan adds that the likelihood of "greater fragmentation" in social media advertising from regulatory changes will be positive for Adobe as a "digital marketing platform vendor that solves complexity". The analyst keeps his Outperform rating and $242 price target.
03/26/18
03/26/18
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. Adobe (ADBE) downgraded to Market Perform from Outperform at JMP Securities with analyst Patrick Walravens saying he believes the shares are fairly valued after having risen 69% in 2017 and a further 21% year-to-date. 2. Dover (DOV) downgraded to Neutral from Overweight at JPMorgan with analyst Steve Tusa saying a lack of near-term catalysts makes the risk/reward profile no longer attractive. 3. AMD (AMD) downgraded to Negative from Neutral at Susquehanna with analyst Christopher Rolland saying he confirmed Bitmain has developed an ASIC for Ethereum mining, which he believes accounted for roughly 20% of AMD's sales. 4. Jack in the Box (JACK) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst John Glass saying he sees limited upside and ongoing top-line risk. 5. Willis Towers Watson (WLTW) downgraded to Underperform from Neutral at BofA/Merrill with analyst Jay Cohen saying while Willis' organic growth rebounded in 2017, its inconsistent margin performance detracts a bit from his confidence in the company's near-term earnings power. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/26/18
JMPS
03/26/18
DOWNGRADE
JMPS
Market Perform
Adobe downgraded to Market Perform from Outperform at JMP Securities
03/26/18
03/26/18
DOWNGRADE

Market Perform
Adobe downgraded to Market Perform after run-up at JMP Securities
As previously reported, JMP Securities analyst Patrick Walravens downgraded Adobe Systems (ADBE) to Market Perform from Outperform as he believes the shares are fairly valued after having risen 69% in 2017 and a further 21% year-to-date. On the plus side, he notes that Adobe's Creative Cloud continues with "near-monopoly competitive power", its international business is growing and its CEO said on the Q1 earnings call that he expects the "momentum to continue." However, Walravens also expresses caution that the strategic partnership between Google (GOOGL) and Salesforce (CRM) could negatively impact the competitive position for Adobe's Experience Cloud.
FEYE FireEye
$17.54

-0.3 (-1.68%)

03/02/18
FANA
03/02/18
UPGRADE
Target $20
FANA
Overweight
FireEye upgraded to Overweight from Equal-Weight at First Analysis
First Analysis analyst Howard Smith upgraded FireEye to Overweight and raised his price target for the shares to $20 from $17. The company's "differentiated offering" is now being packaged in a "simpler and more compelling way," Smith tells investors in a research note. The analyst expects "accelerating growth and substantially improved profitability" to benefit shareholders.
02/09/18
SUSQ
02/09/18
UPGRADE
SUSQ
Positive
FireEye upgraded to Positive from Neutral at Susquehanna
05/03/18
JPMS
05/03/18
NO CHANGE
Target $20
JPMS
Neutral
FireEye price target raised to $20 from $16 at JPMorgan
JPMorgan analyst Sterling Auty raised his price target for FireEye to $20 following the company's Q1 results and keeps a Neutral rating on the name. The results were actually good, but you would not conclude that looking at the after-hours reaction in the stock, Auty tells investors in a post-earnings research note. He believes growth in the cloud and new solutions are the keys for the stock.
03/28/18
MSCO
03/28/18
NO CHANGE
Target $21
MSCO
Overweight
FireEye has 'more room to run,' says Morgan Stanley
Morgan Stanley analyst Melissa Franchi said FireEye's strengthened product portfolio, simplified marketing message, greater channel contribution and durable renewal base give her greater conviction in the achievability, and room for upside, in the company's outlook for 12% billings and free cash flow growth through FY22. Given her greater confidence, and her view that its multiple has room to move higher, Franchi raised her price target on FireEye to $21 from $19 and keeps an Overweight rating on the shares.
RCI Rogers Communications
$48.57

0.51 (1.06%)

01/26/18
NATB
01/26/18
DOWNGRADE
NATB
Sector Perform
Rogers Communications downgraded to Sector Perform at National Bank
11/21/17
BOFA
11/21/17
INITIATION
Target $62.25
BOFA
Buy
Rogers Communications reinstated with a Buy at BofA/Merrill
BofA/Merrill analyst David Barden reinstated Rogers Communications with a Buy and $62.25 price target given continued strong wireless data demand, improved wireline video and data performance with the launch of Comcast's X1 user interface, and cost management.
01/08/18
DESJ
01/08/18
UPGRADE
DESJ
Buy
Rogers Communications upgraded to Buy from Hold at Desjardins
FTR Frontier Communications
$9.38

0.07 (0.75%)

05/09/18
SBSH
05/09/18
DOWNGRADE
Target $6.25
SBSH
Sell
Frontier Communications downgraded to Sell from Neutral at Citi
Citi analyst Mike Rollins downgraded Frontier Communications to Sell and cut his price target for the shares to $6.25 from $7.25. The analyst sees continued revenue erosion, more limited cost cutting after Q2 and the 32% increase in outstanding shares from the preferred conversion on June 29 as risks for the stock over next 12 months. Pressures from revenue on OIBDA are likely to lead net debt leverage higher and erode equity value over time, Rollins tells investors in a research note.
02/28/18
MSCO
02/28/18
NO CHANGE
Target $16
MSCO
Equal Weight
Frontier dividend suspension not entirely unexpected, says Morgan Stanley
Morgan Stanley analyst Simon Flannery noted that 91% of investors in a prior survey conducted by the firm said they expected Frontier Communications (FTR) to cut its dividend in 2018, though he also views the change as earlier and bigger than may have been expected. He also pointed out that when Windstream (WIN) eliminated its own dividend in August 2017, the stock fell 36% the next day, though he added that he thinks that dividend cut was more unexpected. Flannery, who questions whether the dividend news will overshadow Frontier's in-line quarterly results and better than expected 2018 guidance, has an Equal Weight rating on the stock.
03/13/18
GUGG
03/13/18
INITIATION
Target $6
GUGG
Sell
Frontier Communications initiated with a Sell at Guggenheim
Guggenheim analyst Mike McCormack initiated coverage of the Telecom Services space, starting Frontier Communications with a Sell rating and $6 price target, as he believes the Independent Local Exchange Carriers, or ILECs, burdened by legacy revenue are disadvantaged.
RHT Red Hat
$161.93

-1.63 (-1.00%)

05/09/18
RBCM
05/09/18
NO CHANGE
Target $180
RBCM
Outperform
Red Hat price target raised to $180 from $172 at RBC Capital
RBC Capital analyst Matthew Hedberg raised his price target on Red Hat to $180 and kept his Outperform rating after the company's Analyst Day. Hedberg says the event helped to highlight the "durability of low-teens core-RHEL growth" and also showcased the "impressive" emerging products led by OpenShift. The analyst further points to the positive impact of Red Hat's Microsoft (MSFT) Azure partnership, adding that the company's "momentum is strong".
04/11/18
MONN
04/11/18
INITIATION
Target $175
MONN
Buy
Red Hat initiated with a Buy at Monness Crespi
Monness Crespi initiated Red Hat with a Buy and $175 price target.
04/17/18
DBAB
04/17/18
NO CHANGE
Target $185
DBAB
Buy
Red Hat price target raised to $185 from $170 at Deutsche Bank
Deutsche Bank analyst Karl Keirstead raised his price target for Red Hat to $185 after hosting an investor trip to see the company. The analyst keeps a Buy rating on the shares.
03/27/18
SPHN
03/27/18
NO CHANGE
Target $170
SPHN
Overweight
Red Hat price target raised to $170 from $135 at Stephens
Following Red Hat's Q4 report, Stephens analyst Jonathan Ruykhaver said he believes open-source architecture is "here to stay" and Red Hat has a sustainable, competitive moat in providing support to enterprise in this area. The Ansible+OpenShift combination could prove to be currently underappreciated and strong adoption of RHEL along with the long runway for Emerging Products can support overall growth of 20% for the foreseeable future, believes Ruykhaver, who raised his price target on Red Hat shares to $170 and keeps an Overweight rating on the name.
ORCL Oracle
$46.73

-0.07 (-0.15%)

04/11/18
MONN
04/11/18
INITIATION
MONN
Neutral
Oracle initiated with a Neutral at Monness Crespi
Monness Crespi initiated Oracle with a Neutral rating.
05/01/18
BERN
05/01/18
NO CHANGE
BERN
Amazon Aurora more expensive than oracle for enterprise workloads, says Bernstein
Bernstein analyst Mark Moerdler notes that there has been a generally held belief that Amazon (AMZN) Aurora was positioned to take customers and share from Oracle (ORCL) but that is "simply not true." Excluding the significant feature/functionality limitations of Aurora for the enterprise workloads that are core to the Oracle database business, Amazon has priced Aurora for small departmental workloads used possibly 8 hours a day/5 days a week, he contends. As the database workload grows in size and the data is accessed more frequently Aurora becomes less and less competitive, the analyst adds. Moerdler believes this debunks one major threat. For Amazon, he does not see this as a problem since there is a very large opportunity for departmental databases.
03/21/18
ARGS
03/21/18
NO CHANGE
Target $61
ARGS
Buy
Oracle's soft Q4 cloud revenue view spooked the market, says Argus
Argus analyst Joseph Bonner writes that while Oracle (ORCL) posted a beat on Q3 earnings and revenue, along with a "remarkable" margin expansion, investors were spooked by lower than expected outlook for cloud revenue growth in Q4. The analyst contends that the company's key task is conversion of its blue-chip customer base to the cloud, as cloud computing becomes a standard in the next 3-5 years. Bonner adds that Oracle is also competing with "deep-pocketed" technology giants - Amazon (AMZN) Web Services, Microsoft's (MSFT) Azure, and Google (GOOG). The analyst remains positive on Oracle's prospects with a Buy rating and a $61 price target, pointing to the company's strong dividend growth, share buyback program, and below-peer valuation metrics.
04/26/18
DADA
04/26/18
INITIATION
Target $72
DADA
Buy
Pegasystems initiated with a Buy at DA Davidson
DA Davidson analyst Rishi Jaluria initiated Pegasystems (PEGA) with a Buy rating and a price target of $72, citing the company's market leading position in the business process management and case management markets amid the crowing presence of customer relationship management technologies. Jaluria says the company continues to take market share from legacy vendors like IBM (IBM) and Oracle (ORCL) and increasing its competitive position in CRM, while driving opportunities for margin expansion.
CY Cypress Semiconductor
$16.52

0.27 (1.66%)

02/02/18
CHLM
02/02/18
NO CHANGE
Target $23
CHLM
Buy
Cypress Semiconductor price target raised to $23 after earnings at Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised his price target on Cypress Semiconductor to $23 from $21 after the company reported better than expected Q4 results and gave what he views as strong Q1 guidance. Cypress' initial FY18 guidance for the IoT segment calls for about 17% growth, though management "gave itself cushion to raise this number throughout the year," said Stoss, who keeps Buy rating on the stock.
04/27/18
CHLM
04/27/18
NO CHANGE
Target $23
CHLM
Buy
Craig-Hallum calls Cypress Semiconductor a 'top pick' for 2018 after strong Q1
Craig-Hallum analyst Tony Stoss highlighted Cypress Semiconductor as a "top pick" for 2018 after the company's "strong" March quarter report. In a research note to investors, Stoss, who reiterated a Buy rating, noted that Cypress Semi's automotive business continues to "outgrow" expectations, and was up 15% y/y, while IoT growth was also strong. Stoss also said he believes there is no justification for Cypress Semi to trade at such a steep discount to peers given its improving fundamentals.
04/27/18
SUSQ
04/27/18
NO CHANGE
Target $20
SUSQ
Positive
Cypress Semiconductor upside remains after gains digested, says Susquehanna
Susquehanna analyst Christopher Rolland believes Cypress Semiconductors will continue to move higher after the stock's recent gains have been digested. The analyst noted its solid Q1 results but slightly weaker Q2 guidance, but he said the semiconductor cycle remains very healthy. Rolland believes the market is overlooking the company's potential for strong double digit earnings growth. He reiterated his Positive rating and $20 price target on Cypress Semiconductor shares.
04/25/18
MZHO
04/25/18
NO CHANGE
MZHO
Neutral
Mizuho sees Texas Instruments quarter as positive for Cypress, ON, Autoliv
Texas Instruments (TXN) reported an inline March quarter but highlighted that Automotive and Industrial are growing 14% year-over-year while inventory in the channel and lead times are at normal levels with little evidence of double ordering, Mizuho analyst Vijay Rakesh tells investors in a research note. He believes the strong outlook for Auto and Industrial should be positive into earnings for Cypress Semiconductor (CY), ON Semiconductor (ON) and Autoliv (ALV). The analyst keeps a Neutral rating on Texas Instruments citing valuation.

TODAY'S FREE FLY STORIES

KORS

Michael Kors

$68.63

0.25 (0.37%)

, LULU

Lululemon

$106.18

-0.19 (-0.18%)

11:07
05/26/18
05/26
11:07
05/26/18
11:07
Periodicals
Dollar Tree looks interesting, Barron's says »

Next week, another 20…

KORS

Michael Kors

$68.63

0.25 (0.37%)

LULU

Lululemon

$106.18

-0.19 (-0.18%)

GME

GameStop

$12.64

-0.1 (-0.78%)

DLTR

Dollar Tree

$95.23

0.59 (0.62%)

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

  • 30

    May

  • 31

    May

  • 31

    May

  • 31

    May

  • 12

    Jun

  • 14

    Jun

  • 26

    Jun

KHC

Kraft Heinz

$57.78

0.72 (1.26%)

, QCOM

Qualcomm

$59.95

0.85 (1.44%)

10:58
05/26/18
05/26
10:58
05/26/18
10:58
Periodicals
Kraft Heinz, J&J among safe, 'solid' dividend stocks, Barron's says »

Kraft Heinz (KHC),…

KHC

Kraft Heinz

$57.78

0.72 (1.26%)

QCOM

Qualcomm

$59.95

0.85 (1.44%)

MRK

Merck

$59.08

-0.03 (-0.05%)

TGT

Target

$71.22

0.28 (0.39%)

OMC

Omnicom

$71.98

-0.1 (-0.14%)

CCL

Carnival

$64.27

0.12 (0.19%)

JNJ

Johnson & Johnson

$121.40

0.06 (0.05%)

MMM

3M

$198.98

-0.38 (-0.19%)

LLY

Eli Lilly

$82.75

0.05 (0.06%)

VLO

Valero

$118.81

-3.06 (-2.51%)

EMR

Emerson

$72.50

-0.77 (-1.05%)

WBA

Walgreens Boots Alliance

$63.52

0.09 (0.14%)

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

  • 29

    May

  • 30

    May

  • 30

    May

  • 02

    Jun

  • 04

    Jun

  • 05

    Jun

  • 05

    Jun

  • 06

    Jun

  • 07

    Jun

  • 12

    Jun

  • 19

    Jun

  • 10

    Sep

  • 23

    Oct

MU

Micron

$61.33

-0.15 (-0.24%)

10:48
05/26/18
05/26
10:48
05/26/18
10:48
Periodicals
Micron can solve low valuation, Barron's says »

Micron's stock…

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

  • 30

    May

  • 20

    Jun

ATUS

Altice USA

$18.50

-0.05 (-0.27%)

10:40
05/26/18
05/26
10:40
05/26/18
10:40
Periodicals
Altice's spinoff could be winning bet, Barron's says »

On June 8, Altice will…

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

  • 29

    May

  • 30

    May

MU

Micron

$61.33

-0.15 (-0.24%)

, XLNX

Xilinx

$69.63

0.88 (1.28%)

10:35
05/26/18
05/26
10:35
05/26/18
10:35
Periodicals
AI revolution just getting started, Barron's says »

Artificial Intelligence…

MU

Micron

$61.33

-0.15 (-0.24%)

XLNX

Xilinx

$69.63

0.88 (1.28%)

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

  • 30

    May

  • 20

    Jun

ZTCOY

ZTE Corp.

$0.00

(0.00%)

, DDAIF

Daimler AG

$0.00

(0.00%)

08:08
05/26/18
05/26
08:08
05/26/18
08:08
Hot Stocks
Week in review: How Trump's policies moved stocks »

Catch up on the top…

ZTCOY

ZTE Corp.

$0.00

(0.00%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$21.82

-0.445 (-2.00%)

HMC

Honda

$32.04

-0.34 (-1.05%)

NSANY

Nissan

$0.00

(0.00%)

F

Ford

$11.51

-0.11 (-0.95%)

GM

General Motors

$38.30

-0.09 (-0.23%)

TM

Toyota

$129.97

-2.47 (-1.87%)

VLKAY

Volkswagen

$0.00

(0.00%)

BAC

Bank of America

$30.16

-0.03 (-0.10%)

C

Citi

$68.42

-0.86 (-1.24%)

GS

Goldman Sachs

$235.05

-1.1 (-0.47%)

JPM

JPMorgan

$110.62

-0.64 (-0.58%)

MS

Morgan Stanley

$53.02

-0.96 (-1.78%)

USB

U.S. Bancorp

$50.54

-0.14 (-0.28%)

WFC

Wells Fargo

$54.91

0.25 (0.46%)

TWTR

Twitter

$33.64

0.11 (0.33%)

AA

Alcoa

$47.92

-1.26 (-2.56%)

CENX

Century Aluminum

$16.27

-0.07 (-0.43%)

AOBC

American Outdoor Brands

$12.53

0.05 (0.40%)

RGR

Sturm, Ruger

$63.10

0.5 (0.80%)

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

  • 30

    May

  • 30

    May

  • 01

    Jun

  • 06

    Jun

  • 20

    Jun

  • 22

    Jun

  • 13

    Jul

  • 27

    Jul

  • 10

    Sep

  • 12

    Oct

  • 14

    Jan

  • 15

    Apr

  • 15

    Jul

  • 15

    Oct

HCLP

Hi-Crush Partners

$13.20

-0.825 (-5.88%)

17:54
05/25/18
05/25
17:54
05/25/18
17:54
Hot Stocks
Hi-Crush Partners provides update on bulldozer incident in Whitehall facility »

Hi-Crush Partners…

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

POST

Post Holdings

$77.98

1.49 (1.95%)

17:37
05/25/18
05/25
17:37
05/25/18
17:37
Hot Stocks
Post Holdings reports fire in Michael Foods' plant in Pennsylvania »

Post Holdings reported a…

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

  • 06

    Jun

ABMD

Abiomed

$394.49

0.04 (0.01%)

, WYN

Wyndham

$107.98

-0.58 (-0.53%)

17:34
05/25/18
05/25
17:34
05/25/18
17:34
Hot Stocks
Abiomed to enter S&P 500 index on May 31 »

S&P MidCap 400…

ABMD

Abiomed

$394.49

0.04 (0.01%)

WYN

Wyndham

$107.98

-0.58 (-0.53%)

MSCC

Microsemi

$68.74

0.005 (0.01%)

PRAH

PRA Health

$81.19

0.33 (0.41%)

GME

GameStop

$12.64

-0.1 (-0.78%)

FRED

Fred's

$1.69

0.05 (3.05%)

PRSP

Symbol now PB

$0.00

(0.00%)

RRTS

Roadrunner

$2.19

0.04 (1.86%)

DXC

DXC Technology

$94.20

-5.42 (-5.44%)

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

  • 30

    May

  • 31

    May

  • 05

    Jun

  • 12

    Jun

PRAH

PRA Health

$81.19

0.33 (0.41%)

, ABMD

Abiomed

$394.49

0.04 (0.01%)

17:24
05/25/18
05/25
17:24
05/25/18
17:24
Hot Stocks
Breaking Hot Stocks news story on PRA Health, Abiomed »

PRA Health to replace…

PRAH

PRA Health

$81.19

0.33 (0.41%)

ABMD

Abiomed

$394.49

0.04 (0.01%)

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

  • 30

    May

  • 05

    Jun

  • 12

    Jun

WYN

Wyndham

$107.98

-0.58 (-0.53%)

, MSCC

Microsemi

$68.74

0.005 (0.01%)

17:23
05/25/18
05/25
17:23
05/25/18
17:23
Hot Stocks
Breaking Hot Stocks news story on Wyndham, Microsemi »

Wyndham to replace…

WYN

Wyndham

$107.98

-0.58 (-0.53%)

MSCC

Microsemi

$68.74

0.005 (0.01%)

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

ABMD

Abiomed

$394.49

0.04 (0.01%)

, WYN

Wyndham

$107.98

-0.58 (-0.53%)

17:21
05/25/18
05/25
17:21
05/25/18
17:21
Hot Stocks
Breaking Hot Stocks news story on Abiomed, Wyndham »

ABIOMED to replace…

ABMD

Abiomed

$394.49

0.04 (0.01%)

WYN

Wyndham

$107.98

-0.58 (-0.53%)

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

  • 30

    May

  • 05

    Jun

  • 12

    Jun

PCG

PG&E

$44.67

0.84 (1.92%)

17:16
05/25/18
05/25
17:16
05/25/18
17:16
Periodicals
CA Forestry Dept rules PG&E equipment responsible for wildfires, Bloomberg says »

Report filed by…

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

FARM

Farmer Bros.

$28.50

0.15 (0.53%)

17:09
05/25/18
05/25
17:09
05/25/18
17:09
Hot Stocks
Levin Capital Strategies reports 8.4% stake in Farmer Bros »

Levin Capital purchased…

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

NDLS

Noodles & Company

$8.90

-0.35 (-3.78%)

17:07
05/25/18
05/25
17:07
05/25/18
17:07
Syndicate
Breaking Syndicate news story on Noodles & Company »

Noodles & Company…

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

WIN

Windstream

$1.22

-0.125 (-9.29%)

17:06
05/25/18
05/25
17:06
05/25/18
17:06
Hot Stocks
Windstream completes one-for-five reverse stock split »

Windstream completed 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

NDLS

Noodles & Company

$8.90

-0.35 (-3.78%)

17:06
05/25/18
05/25
17:06
05/25/18
17:06
Syndicate
Breaking Syndicate news story on Noodles & Company »

Noodles & Company…

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

EPD

Enterprise Products

$27.87

-0.12 (-0.43%)

17:01
05/25/18
05/25
17:01
05/25/18
17:01
Hot Stocks
Enterprise Products conduts open season for West Texas Crude oil expansion »

Enterprise Products…

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

INO

Inovio

$4.89

0.06 (1.24%)

16:37
05/25/18
05/25
16:37
05/25/18
16:37
Syndicate
Breaking Syndicate news story on Inovio »

Inovio files $250M mixed…

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

RCII

Rent-A-Center

$10.14

0.13 (1.30%)

16:36
05/25/18
05/25
16:36
05/25/18
16:36
Hot Stocks
Rent-A-Center 16.8% shareholder Engaged Capital nominates Carol McFate to Board »

On May 25, 2018, Engaged…

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

AKER

Akers Biosciences

$0.59

0.0086 (1.48%)

16:34
05/25/18
05/25
16:34
05/25/18
16:34
Hot Stocks
Akers Biosciences receives delinquency notice from NASDAQ »

Akers Biosciences…

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

DHCP

Ditech

$6.60

0.37 (5.94%)

16:31
05/25/18
05/25
16:31
05/25/18
16:31
Hot Stocks
Ditech discloses receipt of late filing notice from NYSE »

Ditech Holding 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

GPS

Gap

$28.15

-4.82 (-14.62%)

, FL

Foot Locker

$55.97

9.585 (20.67%)

16:30
05/25/18
05/25
16:30
05/25/18
16:30
General news
On The Fly: Top stock stories for Friday »

Stocks on Wall Street…

GPS

Gap

$28.15

-4.82 (-14.62%)

FL

Foot Locker

$55.97

9.585 (20.67%)

HLF

Herbalife Nutrition

$48.76

-5.09 (-9.45%)

IEP

Icahn Enterprises

$69.41

0.22 (0.32%)

FCAU

Fiat Chrysler

$21.82

-0.445 (-2.00%)

DGX

Quest Diagnostics

$105.89

5 (4.96%)

UNH

UnitedHealth

$244.96

2.23 (0.92%)

ROST

Ross Stores

$77.35

-5.6 (-6.75%)

ADSK

Autodesk

$132.80

-5.96 (-4.30%)

AAL

American Airlines

$44.89

1.34 (3.08%)

LUV

Southwest

$52.86

1.65 (3.22%)

DAL

Delta Air Lines

$55.89

1.48 (2.72%)

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

  • 25

    May

  • 30

    May

  • 30

    May

  • 12

    Jun

  • 13

    Jun

  • 14

    Jun

  • 26

    Jun

  • 29

    Jun

16:30
05/25/18
05/25
16:30
05/25/18
16:30
Options
Preliminary option volume of 16.4M today »

Preliminary option volume…

VTL

Vital Therapies

$5.65

-0.475 (-7.76%)

16:26
05/25/18
05/25
16:26
05/25/18
16:26
Syndicate
Breaking Syndicate news story on Vital Therapies »

Vital Therapies files to…

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

  • 05

    Jun

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.