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AMZN

Amazon.com

$1,574.15

-27.17 (-1.70%)

, UPS

UPS

$115.99

-0.43 (-0.37%)

13:10
05/15/18
05/15
13:10
05/15/18
13:10

Amazon adopts Uber-inspired tactics for Flex program, The Information says

Amazon (AMZN) has recently made some adjustments to its Flex program, adopting Uber-inspired pricing strategies for paying drivers, The Information reports, citing people familiar with the matter. The company has quickly expanded same-day and overnight delivery service in recent years, and has enlisted the help of hundreds of thousands of independent drivers who use their own cars to deliver packages to consumers, the report says. The driver initiative, known as Flex, is one of the ways in which the e-commerce giant has aimed to cut its reliance on third parties such as UPS (UPS) and the U.S. Postal Service, the report notes. Reference Link

AMZN

Amazon.com

$1,574.15

-27.17 (-1.70%)

UPS

UPS

$115.99

-0.43 (-0.37%)

  • 16

    May

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    May

  • 04

    Jun

AMZN Amazon.com
$1,574.15

-27.17 (-1.70%)

05/15/18
MKMP
05/15/18
NO CHANGE
Target $67
MKMP
Neutral
Kohl's Q1 may see 'significant slowdown' from Q4 on weather, says MKM Partners
MKM Partners analyst Patrick McKeever keeps his Neutral rating and $67 price target on Kohl's ahead of its Q1 earnings next week, saying the quarter is facing a risk of a slowdown from Q4 activity because of the wintery weather in the East. The analyst adds that he sees SSS rising 3% in Q1, but also expects them to decelerate in the coming quarters as comparisons become "progressively more difficult", while the partnership between Kohl's and Amazon (AMZN) remains limited.
05/10/18
MSCO
05/10/18
NO CHANGE
Target $93
MSCO
Equal Weight
Walmart deal for Flipkart more dilutive than anticipated, says Morgan Stanley
Morgan Stanley analyst Simeon Gutman noted that news reports heading up to Walmart's (WMT) deal for a majority stake in Flipkart had predicted a $12B transaction for about 60% of a business generating operating losses in the $1B range. However, the higher than expected magnitude of losses Walmart would absorb in India significantly raises the stakes on the trajectory of its U.S. business and clouds the near-term path, he said. He also questions why the company is investing outside the U.S. market, stating that it could have instead accelerated its third-party marketplace infrastructure, stepped up its partnership with Google Home (GOOG) to better compete with Amazon's (AMZN) Alexa, or intensified domestic investments in price and fulfillment. However, he does add that the deal prevents Amazon, for now, from building an "insurmountable" advantage in the important Indian market. Gutman lowered his price target on Walmart to $93 from $99 after the deal was more dilutive than anticipated and keeps an Equal Weight rating on the shares.
05/10/18
ROTH
05/10/18
DOWNGRADE
Target $1.8
ROTH
Neutral
U.S. Auto Parts downgraded to Neutral from Buy at Roth Capital
Roth Capital analyst Darren Aftahi downgraded U.S. Auto Parts (PRTS) to Neutral from Buy on decelerating PL and marketplace growth. Nonetheless, the analyst notes that its Amazon (AMZN) partnership is "encouraging." Aftahi also lowered his price target on U.S. Auto Parts' shares to $1.80 from $3.
05/09/18
JEFF
05/09/18
NO CHANGE
Target $60
JEFF
Hold
Sears-Amazon tire partnership not a negative for Monro, says Jefferies
Jefferies analyst Bret Jordan kept his Hold rating and $60 price target on Monro (MNRO) after its stock price fell over 7.5% today to $52.70, saying Sears (SHLD) partnership with Amazon (AMZN) on tire installation and services is a not "transformational negative". Jordan notes that the greater transparency and price matching is not new, while Monro is "already an installer for other online sellers such as Tirerack and ATD's tirebuyer.com". The analyst adds that the agreement is not exclusive, leaving the "door open" for Monro to enter into a similar deal.
UPS UPS
$115.99

-0.43 (-0.37%)

05/14/18
05/14/18
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. UPS (UPS) upgraded to Buy from Neutral at BofA/Merrill with analyst Ken Hoexter saying he thinks UPS's Network Transformation plan that will be launched in a couple months will improve its cost structure and margins, and could prove to be the turning point for the company and drive the multiple back toward historical levels. 2. FMC Corporation (FMC) upgraded to Buy from Neutral at Goldman Sachs with analyst Robert Koort saying the solid first quarter report convinced him to change his rating as pro forma orgnaic growth rates were very strong, and earnings contribution from the DowDuPont (DWDP) acquisition far exceeded his expectations. 3. L Brands (LB) upgraded to Buy from Neutral at Citi with analyst Paul Lejuez saying he acknowledges this is "not an 'all's clear' type of call," and that things may get worse before they get better, however, he feels consensus sentiment has become so bearish and the stock's valuation is "just too cheap to ignore." 4. Lear (LEA) upgraded to Outperform from In Line at Evercore ISI with analyst Chris McNally saying he sees double digit earnings growth through 2020 with earnings growth set to accelerate in 2019 on the back of the GM truck launch and acceleration of E-Systems given megatrends in Electrification & Connectivity. 5. CSX (CSX) upgraded to Neutral from Sell at Goldman Sachs with analyst Matt Reustle citing better risk/reward following successful execution of Q1 network initiatives. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/14/18
BOFA
05/14/18
UPGRADE
Target $144
BOFA
Buy
UPS upgraded to Buy from Neutral at BofA/Merrill
BofA analyst Ken Hoexter upgraded UPS to Buy and raised its price target to $144 from $120. Hoexter thinks UPS's Network Transformation plan that will be launched in a couple months will improve its cost structure and margins, and could prove to be the turning point for the company and drive the multiple back toward historical levels.
05/02/18
DBAB
05/02/18
NO CHANGE
Target $133
DBAB
Buy
Deutsche sees last mile competition having 'muted' impact on XPO
Deutsche Bank analyst Amit Mehrotra highlights a Reuters report saying UPS (UPS) and Werner Enterprises (WERN) are in in talks to partner on a new in-home delivery service for bulk goods. This development follows Ryder's (R) acquisition last month of MXD Group, Mehrotra tells investors in an intraday research note. The analyst sees implications for XPO, noting the company's last mile delivery of heavy goods is one of its fastest growing businesses. Despite the headline risks, fundamental implications for XPO are likely "muted," Mehrotra contends. He believes XPO has built a competitive advantage around its owned service center model and sees the heavy goods last mile market, estimated at $13B per annum and growing at 10%-15%, as allowing for more entrants without much impact to existing players. XPO in morning trading is down 2% to $93.89. Mehrotra has a Buy rating on the shares with a $133 price target.
04/27/18
BMOC
04/27/18
NO CHANGE
Target $121
BMOC
Market Perform
UPS price target lowered to $121 from $130 at BMO Capital
BMO Capital analyst Fadi Chamoun lowered the price target on UPS to $121 after the company's worse than expected Q1 core operating earnings that were driven by weaker results in the U.S. Domestic segment. The analyst does note "several positives" in the reported quarter, including robust demand and pricing environment as well as easing pressure on the U.S. operating margins. Chamoun keeps UPS rating at Market Perform amid constructive outlook on demand countered by investments in the domestic network remaining a source of pressure on operating margins in the near term.

TODAY'S FREE FLY STORIES

AVMXY

Avita Medical

$0.00

(0.00%)

20:06
11/15/18
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20:06
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SDXAY

Sodexo

$0.00

(0.00%)

20:05
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20:05
Downgrade
Sodexo rating change  »

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CATY

Cathay General

$38.83

0.91 (2.40%)

20:01
11/15/18
11/15
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20:01
Hot Stocks
Cathay General raises quarterly dividend to 31c from 24c per share »

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SUPV

Grupo Supervielle

$8.50

0.42 (5.20%)

19:56
11/15/18
11/15
19:56
11/15/18
19:56
Downgrade
Grupo Supervielle rating change  »

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CAAP

Corporacion America Airport

$8.37

0.63 (8.14%)

19:52
11/15/18
11/15
19:52
11/15/18
19:52
Hot Stocks
Corporacion America Airport reports October traffic up 4.5% »

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TSLA

Tesla

$348.37

4.3 (1.25%)

19:43
11/15/18
11/15
19:43
11/15/18
19:43
Periodicals
Tesla aims for Model 3 output of 7K units per week in two weeks, Electrek says »

Tesla has looked to ramp…

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AIV

Aimco

$44.65

-0.46 (-1.02%)

19:26
11/15/18
11/15
19:26
11/15/18
19:26
Hot Stocks
Aimco says California fires have not caused material damage to company »

Apartment Investment and…

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ADBE

Adobe

$239.93

4.83 (2.05%)

19:19
11/15/18
11/15
19:19
11/15/18
19:19
Initiation
Adobe initiated  »

Nomura starts Adobe with…

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IPWR

Ideal Power

$0.39

-0.1505 (-27.87%)

19:16
11/15/18
11/15
19:16
11/15/18
19:16
Downgrade
Ideal Power rating change  »

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SONO

Sonos

$14.14

0.17 (1.22%)

, SCVL

Shoe Carnival

$37.03

-1.94 (-4.98%)

19:09
11/15/18
11/15
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Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Sonos…

SONO

Sonos

$14.14

0.17 (1.22%)

SCVL

Shoe Carnival

$37.03

-1.94 (-4.98%)

BGCP

BGC Partners

$10.66

0.24 (2.30%)

SALT

Scorpio Bulkers

$5.71

0.115 (2.06%)

ESEA

Euroseas

$1.65

-0.11 (-6.25%)

NVDA

Nvidia

$202.65

5.43 (2.75%)

WSM

Williams-Sonoma

$60.60

-1.16 (-1.88%)

JWN

Nordstrom

$58.97

-2.125 (-3.48%)

AMAT

Applied Materials

$35.03

1.44 (4.29%)

HTHT

Huazhu Group

$28.59

0.64 (2.29%)

SQ

Square

$73.59

3.74 (5.35%)

NGVC

Natural Grocers

$16.66

0.06 (0.36%)

MCF

Contango Oil & Gas

$4.50

-0.19 (-4.05%)

03/08/13
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    Dec

DOMO

Domo

$15.96

0.47 (3.03%)

19:04
11/15/18
11/15
19:04
11/15/18
19:04
Hot Stocks
Domo unveils new product suite »

Domo, provider of the…

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  • 06

    Dec

PCH

PotlatchDeltic

$36.71

-0.31 (-0.84%)

19:01
11/15/18
11/15
19:01
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19:01
Hot Stocks
PotlatchDeltic to pay special dividend of about $3.54 per share »

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FB

Facebook

$143.86

-0.39 (-0.27%)

18:54
11/15/18
11/15
18:54
11/15/18
18:54
Periodicals
Senator to ask Facebook about report on treatment of critics, Reuters says »

Senator Amy Klobuchar…

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  • 28

    Nov

ALRM

Alarm.com

$48.81

0.82 (1.71%)

18:45
11/15/18
11/15
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18:45
Hot Stocks
Alarm.com CEO sells 30K shares of common stock »

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LAUR

Laureate Education

$14.45

0.3 (2.12%)

18:31
11/15/18
11/15
18:31
11/15/18
18:31
Syndicate
Laureate Education 12.25M share Secondary priced at $14.00 »

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  • 16

    Nov

PCG

PG&E

$17.77

-7.89 (-30.75%)

18:28
11/15/18
11/15
18:28
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18:28
Periodicals
CPUC doesn't want PG&E to go into bankruptcy, Bloomberg says »

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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

18:24
11/15/18
11/15
18:24
11/15/18
18:24
Periodicals
SEC investigating a company's $50M cryptocurrency sale, WSJ reports »

The SEC is investigating…

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

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PCG

PG&E

$17.77

-7.89 (-30.75%)

18:23
11/15/18
11/15
18:23
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18:23
Hot Stocks
PG&E cut to Baa3 from Baa2 by Moody's, could be cut further »

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LMB

Limbach Holding

$8.31

-0.14 (-1.66%)

18:10
11/15/18
11/15
18:10
11/15/18
18:10
Hot Stocks
Limbach Holding lowers FY18 EBITDA view to $8M-$10M from $18M-$20M »

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  • 20

    Nov

NVDA

Nvidia

$202.65

5.43 (2.75%)

18:08
11/15/18
11/15
18:08
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18:08
Hot Stocks
Nvidia CEO says the ramp of Turing GPU is 'going great' »

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BDRBF

Bombardier

$0.00

(0.00%)

18:06
11/15/18
11/15
18:06
11/15/18
18:06
Hot Stocks
Bombardier intends to fully cooperate with AMF review »

Bombardier said it…

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  • 06

    Dec

NVDA

Nvidia

$202.65

5.43 (2.75%)

18:04
11/15/18
11/15
18:04
11/15/18
18:04
Hot Stocks
Breaking Hot Stocks news story on Nvidia »

Nvidia CEO says…

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NVDA

Nvidia

$202.65

5.43 (2.75%)

18:01
11/15/18
11/15
18:01
11/15/18
18:01
Hot Stocks
Nvidia CEO says came into Q3 with excess inventory from crypto overhang »

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TDW

Tidewater

$25.71

1.22 (4.98%)

17:52
11/15/18
11/15
17:52
11/15/18
17:52
Hot Stocks
Tidewater CFO Quinn Fanning steps down, succeeded by Gulfmark CEO Quintin Kneen »

Tidewater CFO Quinn…

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NVDA

Nvidia

$202.65

5.43 (2.75%)

17:52
11/15/18
11/15
17:52
11/15/18
17:52
Hot Stocks
Nvidia CEO expects to continue seeing demand in data center business »

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