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JPM

JPMorgan

$113.38

0.37 (0.33%)

, EBAY

eBay

$38.35

0.27 (0.71%)

06:40
05/17/18
05/17
06:40
05/17/18
06:40

JPMorgan, eBay under fire over shareholder meetings, FT reports

U.S. companies from JPMorgan (JPM) to eBay (EBAY) have been facing pressure from shareholder groups for trying to impede a growing campaign to bolster investor oversight of management, the Financial Times reports. A corporate governance movement to make it easier for shareholders to call for special meetings has been gaining momentum but companies have been fighting back with what campaigners claim is a spoiler tactic designed to prevent their efforts and JPMorgan has won support for the status quo in a contentious vote this week, while the issue will be brought up at eBay later this month. Reference Link

JPM

JPMorgan

$113.38

0.37 (0.33%)

EBAY

eBay

$38.35

0.27 (0.71%)

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    May

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    Jul

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    Oct

JPM JPMorgan
$113.38

0.37 (0.33%)

04/02/18
KEYB
04/02/18
NO CHANGE
KEYB
Efforts to strengthen in-store healthcare offering positive for Walmart, says KeyBanc
KeyBanc analyst Edward Yruma notes that the push to provide consumer-driven and lower-cost healthcare continues its push into retail as The Wall Street Journal reports that Walmart (WMT) is in discussions to acquire or develop a closer partnership Humana (HUM). This is on the heels of Amazon's (AMZN) recent JV with Berkshire Hathaway (BRK.A; BRK.B) and JPMorgan (JPM) to provide healthcare for employees, he adds. The analyst views any efforts to strengthen the in-store healthcare offering as a positive for Walmart's stock.
04/11/18
HSBC
04/11/18
INITIATION
Target $111
HSBC
Hold
JPMorgan initiated with a Hold at HSBC
HSBC analyst Alevizos Alevizakos started JPMorgan with a Hold rating and $111 price target. The analyst sees minimal share upside from current valuation levels.
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.
04/17/18
BMOC
04/17/18
NO CHANGE
Target $34
BMOC
Market Perform
Bank of America is the best of the 'big four' U.S. banks, says BMO Capital
BMO Capital analyst James Fotheringham kept his Market Perform rating and $34 price target on Bank of America (BAC) after its in-line Q1 earnings but raised his FY18 EPS view to $2.62 from $2.59 and FY19 view to $3.18 from $3.12. Fotheringham says than in contrast, he lowered earnings forecasts for JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) because of higher costs and lower revenues, but Bank of America's better than expected net interest income rise justifies his view of the bank as the "best of the bunch". The analyst also notes the bank's more favorable valuation trading at a below-average two-year-forward P/E multiple despite his forecast of double the core earnings growth rate of Bank of America's peers.
EBAY eBay
$38.35

0.27 (0.71%)

04/20/18
FBCO
04/20/18
NO CHANGE
Target $60
FBCO
Outperform
eBay price target raised to $60 at Credit Suisse ahead of Q1 earnings
Credit Suisse analyst Stephen Ju raised his price target on eBay to $60 from $51 ahead of its Q1 earnings report on April 25. In a research note to investors called "At the beginning of a new shareholder value creation cycle," Ju maintained his Outperform rating and noted that GMV acceleration has been an "undeniable positive" for eBay, but take rate improvements ultimately exert a greater impact on revenue and free cash flow.
04/26/18
MZHO
04/26/18
NO CHANGE
Target $39
MZHO
Underperform
eBay GMV growth decelerated for first time in 5 quarters, says Mizuho
Mizuho analyst James Lee says eBay last night reported inline revenues but missed operating profits consensus. Further, U.S. gross merchandise volume excluding Stubhub decelerated modestly to 6.5% year-over-year growth from 6.7% last quarter, the first time in five quarters, Lee tells investors in a post-earnings research note. He remains concerned about tougher GMV comps in the second half of 2018 and an expected revenue acceleration from 7% to 9% year-over-year growth in the back half. The analyst lowered his price target for eBay shares to $39 from $40 and keeps an Underperform rating on the name.
04/26/18
BARD
04/26/18
NO CHANGE
Target $88
BARD
Outperform
PayPal results reflect strong execution, says Baird
Baird analyst Colin Sebastian remains positive on PayPal (PYPL) following strong Q1 results that he said reflected continued momentum in Merchant Services. The analyst said concerns over the potential long-term impact of the eBay (EBAY) operating agreement are subsiding and momentum with other financial partnerships allows the company to remain a beneficiary of secular e-commerce trends. Sebastian reiterated his Outperform rating and $88 price target on PayPal shares.
04/26/18
BNCH
04/26/18
NO CHANGE
Target $53
BNCH
Buy
eBay post-earnings pullback a longer-term buying opportunity, says Benchmark
Benchmark analyst Daniel L. Kurnos said he would view any pullback today in eBay shares following the company's "somewhat disappointing" Q1 results as a longer-term buying opportunity as he believes the second half of the year story remains intact. He maintains a Buy rating and $53 price target on eBay shares.

TODAY'S FREE FLY STORIES

DPZ

Domino's Pizza

$281.76

7.4 (2.70%)

09:11
09/19/18
09/19
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09:11
Conference/Events
Domino's Pizza management to meet with Oppenheimer »

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TGEN

Tecogen

$3.08

-0.09 (-2.84%)

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Tecogen adds new Florida service center »

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CPRT

Copart

$64.18

0.47 (0.74%)

09:10
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09:10
Earnings
Copart reports Q4 EPS 412c, consensus 48c »

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CBRL

Cracker Barrel

$143.77

-6.93 (-4.60%)

09:10
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Recommendations
Cracker Barrel analyst commentary  »

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ADRO

Aduro Biotech

$6.70

0.5 (8.06%)

09:08
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09/19
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09:08
Hot Stocks
Aduro Biotech CMO Natalie Sacks to resign »

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LLNW

Limelight Networks

$5.10

0.08 (1.59%)

09:08
09/19/18
09/19
09:08
09/19/18
09:08
Conference/Events
Limelight Networks to hold a conference call »

Management holds a…

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  • 27

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MPSYF

Morphosys AG

$0.00

(0.00%)

09:07
09/19/18
09/19
09:07
09/19/18
09:07
Conference/Events
Morphosys AG has a conference call hosted by JPMorgan »

JPMorgan Analyst Gordon…

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  • 20

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EVI

EnviroStar

$42.25

0.05 (0.12%)

09:06
09/19/18
09/19
09:06
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09:06
Hot Stocks
EnviroStar to acquire laundry distribution and service business »

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XLRN

Acceleron

$54.03

2.03 (3.90%)

09:05
09/19/18
09/19
09:05
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09:05
Conference/Events
Acceleron management to meet with UBS »

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ABBV

AbbVie

$92.60

-2.77 (-2.90%)

09:05
09/19/18
09/19
09:05
09/19/18
09:05
Recommendations
AbbVie analyst commentary  »

AbbVie's California…

03/08/13
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FIT

Fitbit

$5.80

0.35 (6.42%)

, HUM

Humana

$335.84

1.93 (0.58%)

09:05
09/19/18
09/19
09:05
09/19/18
09:05
Hot Stocks
Fitbit, Humana expand strategic partnership »

Fitbit (FIT) and Humana…

FIT

Fitbit

$5.80

0.35 (6.42%)

HUM

Humana

$335.84

1.93 (0.58%)

03/08/13
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03/06/13
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09:05
09/19/18
09/19
09:05
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09:05
General news
U.S. equities are trading flat to lower »

U.S. equities are trading…

VIRT

Virtu Financial

$22.05

0.2 (0.92%)

09:04
09/19/18
09/19
09:04
09/19/18
09:04
Initiation
Virtu Financial initiated  »

Virtu Financial initiated…

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03/06/13
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03/06/13
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MGM

MGM Resorts

$27.59

0.17 (0.62%)

, MGP

MGM Growth

$30.03

-0.01 (-0.03%)

09:04
09/19/18
09/19
09:04
09/19/18
09:04
Hot Stocks
MGM Resorts, MGM Growth sign agreement for Northfield,Ohio Hard Rock Rocksino »

MGM Resorts (MGM) and MGM…

MGM

MGM Resorts

$27.59

0.17 (0.62%)

MGP

MGM Growth

$30.03

-0.01 (-0.03%)

03/08/13
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  • 20

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DISCA

Discovery

$31.58

-0.43 (-1.34%)

09:03
09/19/18
09/19
09:03
09/19/18
09:03
Recommendations
Discovery analyst commentary  »

Discovery price target…

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TLRY

Tilray

$154.99

34.79 (28.94%)

, MOC

Command Security

$1.90

0.08 (4.40%)

09:02
09/19/18
09/19
09:02
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09:02
Hot Stocks
Fly Intel: Pre-market Movers »

HIGHER: Tilray (TLRY), up…

TLRY

Tilray

$154.99

34.79 (28.94%)

MOC

Command Security

$1.90

0.08 (4.40%)

SPWR

SunPower

$7.55

0.97 (14.74%)

JNPR

Juniper

$28.60

0.6 (2.14%)

ARPO

Aerpio Pharmaceuticals

$3.77

0.155 (4.29%)

MGM

MGM Resorts

$27.59

0.17 (0.62%)

LYB

LyondellBasell

$102.16

-1.3 (-1.26%)

GTHX

G1 Therapeutics

$62.94

-3.41 (-5.14%)

RFP

Resolute Forest

$14.65

0.125 (0.86%)

03/08/13
Wedge Partners
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03/06/13
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WP

Worldpay

$98.50

0.7 (0.72%)

09:01
09/19/18
09/19
09:01
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09:01
Hot Stocks
Worldpay co-CEO Philip Jansen to step down at end of 2018 »

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  • 13

    Nov

NFLX

Netflix

$367.85

17.61 (5.03%)

09:00
09/19/18
09/19
09:00
09/19/18
09:00
Technical Analysis
Technical Take: Netflix extends its run, analyst action »

In pre-market trading the…

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08:59
09/19/18
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08:59
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08:59
Hot Stocks
Breaking Hot Stocks news story  »

CBX trading halted, news…

TLRY

Tilray

$154.99

34.79 (28.94%)

08:55
09/19/18
09/19
08:55
09/19/18
08:55
Hot Stocks
Tilray shares go mad after CEO appears on CNBC's Mad Money »

Shares of Tilray (TLRY),…

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AMD

AMD

$31.93

-0.51 (-1.57%)

, FTV

Fortive

$87.39

0.25 (0.29%)

08:55
09/19/18
09/19
08:55
09/19/18
08:55
Options
Notable open interest changes for September 19th »

Tuesday's total…

AMD

AMD

$31.93

-0.51 (-1.57%)

FTV

Fortive

$87.39

0.25 (0.29%)

BAC

Bank of America

$30.22

-0.05 (-0.17%)

PBR

Petrobras

$11.23

0.305 (2.79%)

03/08/13
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AZO

AutoZone

$732.74

-14.79 (-1.98%)

, AAP

Advance Auto Parts

$167.64

4.25 (2.60%)

08:54
09/19/18
09/19
08:54
09/19/18
08:54
Recommendations
AutoZone, Advance Auto Parts, O'Reilly Automotive analyst commentary  »

AutoZone price target…

AZO

AutoZone

$732.74

-14.79 (-1.98%)

AAP

Advance Auto Parts

$167.64

4.25 (2.60%)

ORLY

O'Reilly Automotive

$340.65

3.98 (1.18%)

03/08/13
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  • 29

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TLRY

Tilray

$154.99

34.79 (28.94%)

08:53
09/19/18
09/19
08:53
09/19/18
08:53
Hot Stocks
Citron says still short Tilray, recent rally 'beyond comprehension' »

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TROW

T. Rowe Price

$109.29

0.3 (0.28%)

08:53
09/19/18
09/19
08:53
09/19/18
08:53
Conference/Events
T. Rowe Price management to meet with William Blair »

Meeting to be held in New…

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03/06/13
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08:53
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Conference/Events
Roth Capital to hold a conference »

4th Annual Datacenter…

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