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T

AT&T

$32.05

-0.28 (-0.87%)

, S

Sprint

$5.09

0.01 (0.20%)

14:42
05/17/18
05/17
14:42
05/17/18
14:42

Firm leaks data from all major U.S. mobile carriers, KrebsOnSecurity says

LocationSmart, an aggregator of real-time data about the exact location of mobile phone devices, has been leaking location data for customers of all major U.S. mobile carriers to anyone through a buggy component of its website without the need for any password or other form of authentication or authorization, KrebsOnSecurity reports. The company took the service offline earlier today after being contacted by KrebsOnSecurity. It has been verified that the service could be used to reveal the location of any AT&T (T), Sprint (S), T-Mobile (TMUS), or Verizon (VZ) phone in the U.S. to an accuracy of within a few hundred yards, the report says. Reference Link

T

AT&T

$32.05

-0.28 (-0.87%)

S

Sprint

$5.09

0.01 (0.20%)

TMUS

T-Mobile

$56.55

(0.00%)

VZ

Verizon

$47.85

-0.02 (-0.04%)

  • 18

    May

T AT&T
$32.05

-0.28 (-0.87%)

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.
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.
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.
S Sprint
$5.09

0.01 (0.20%)

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.
05/03/18
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.
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.
05/01/18
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.
TMUS T-Mobile
$56.55

(0.00%)

VZ Verizon
$47.85

-0.02 (-0.04%)

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
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."
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.

TODAY'S FREE FLY STORIES

ABT

Abbott

$61.40

-0.71 (-1.14%)

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JBL

Jabil Circuit

$28.27

0.11 (0.39%)

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SSNC

SS&C

$49.52

-0.47 (-0.94%)

, CBSH

Commerce Bancshares

$65.50

0.11 (0.17%)

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CBSH

Commerce Bancshares

$65.50

0.11 (0.17%)

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  • 23

    May

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    Jun

AVID

Avid Technology

$5.00

-0.02 (-0.40%)

09:01
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VFC

VF Corp.

$80.43

-0.48 (-0.59%)

09:00
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05/23
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Recommendations
VF Corp. analyst commentary  »

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PFNX

Pfenex

$6.91

-0.05 (-0.72%)

08:59
05/23/18
05/23
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08:59
Syndicate
Pfenex 6.8M share Spot Secondary priced at $5.50 »

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  • 23

    May

TIF

Tiffany

$102.26

-0.96 (-0.93%)

08:58
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08:58
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Tiffany says engagement category is at the core of the company »

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  • 23

    May

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    May

  • 26

    Jun

IGT

International Game

$28.47

-1.28 (-4.30%)

08:56
05/23/18
05/23
08:56
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08:56
Syndicate
International Game 18M share Secondary priced at $28.25 »

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  • 02

    Aug

  • 23

    May

TSC

TriState Capital

$27.05

0.2 (0.74%)

08:56
05/23/18
05/23
08:56
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08:56
Syndicate
TriState Capital 2.2M share Spot Secondary priced at $25.90 »

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  • 24

    Sep

  • 23

    May

TJX

TJX

$87.50

2.84 (3.35%)

, M

Macy's

$33.12

-1.48 (-4.28%)

08:55
05/23/18
05/23
08:55
05/23/18
08:55
Recommendations
TJX, Macy's, Kohl's, J.C. Penney analyst commentary  »

TJX results 'more…

TJX

TJX

$87.50

2.84 (3.35%)

M

Macy's

$33.12

-1.48 (-4.28%)

KSS

Kohl's

$60.60

-4.87 (-7.44%)

JCP

J.C. Penney

$2.33

-0.175 (-6.99%)

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

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  • 24

    May

MU

Micron

$58.95

3.47 (6.25%)

, BAC

Bank of America

$30.89

0.34 (1.11%)

08:55
05/23/18
05/23
08:55
05/23/18
08:55
Options
Notable open interest changes for May 23rd »

Tuesday's total…

MU

Micron

$58.95

3.47 (6.25%)

BAC

Bank of America

$30.89

0.34 (1.11%)

NXPI

NXP Semiconductors

$115.55

0.84 (0.73%)

CHK

Chesapeake

$4.54

-0.065 (-1.41%)

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

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  • 30

    May

  • 20

    Jun

SLB

Schlumberger

$73.74

-1.28 (-1.71%)

, EOG

EOG Resources

$123.76

-3.69 (-2.90%)

08:55
05/23/18
05/23
08:55
05/23/18
08:55
Conference/Events
UBS to hold a conference »

Global Oil & Gas…

SLB

Schlumberger

$73.74

-1.28 (-1.71%)

EOG

EOG Resources

$123.76

-3.69 (-2.90%)

HP

Helmerich & Payne

$70.74

-1.83 (-2.52%)

RRC

Range Resources

$15.45

-0.63 (-3.92%)

SWN

Southwestern Energy

$4.66

-0.07 (-1.48%)

TDW

Tidewater

$31.48

0.1 (0.32%)

NE

Noble Corp.

$5.86

-0.15 (-2.50%)

HES

Hess Corp.

$63.83

-1.42 (-2.18%)

TUSK

Mammoth Energy

$34.59

-1.27 (-3.54%)

DVN

Devon Energy

$41.82

-0.51 (-1.20%)

ICD

Independence Contract Drilling

$4.89

-0.25 (-4.86%)

03/08/13
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  • 23

    May

  • 30

    May

  • 25

    Jun

  • 27

    Jun

  • 20

    Jul

  • 19

    Aug

TMO

Thermo Fisher

$217.88

1.2 (0.55%)

08:55
05/23/18
05/23
08:55
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08:55
Conference/Events
Thermo Fisher to host analyst meeting »

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  • 23

    May

  • 23

    May

CY

Cypress Semiconductor

$16.31

0.2 (1.24%)

08:54
05/23/18
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08:54
Initiation
Cypress Semiconductor initiated  »

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  • 29

    May

  • 13

    Jun

  • 14

    Jun

TOL

Toll Brothers

$39.46

-4.14 (-9.50%)

08:52
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08:52
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Toll Brothers analyst commentary  »

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MRVL

Marvell

$21.92

0.5 (2.33%)

08:51
05/23/18
05/23
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08:51
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Marvell analyst commentary  »

Marvell April quarter…

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  • 31

    May

IDTI

Integrated Device

$32.49

0.41 (1.28%)

08:50
05/23/18
05/23
08:50
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08:50
Initiation
Integrated Device initiated  »

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  • 29

    May

TIF

Tiffany

$102.26

-0.96 (-0.93%)

08:49
05/23/18
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08:49
Hot Stocks
Tiffany says it had success in Japan, Europe »

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  • 23

    May

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    Jun

AOBC

American Outdoor Brands

$11.75

0.075 (0.64%)

, RGR

Sturm, Ruger

$60.90

0.6 (1.00%)

08:47
05/23/18
05/23
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08:47
Periodicals
Trump admin to publish proposed rule changes for gun exports, Reuters reports »

The Trump administration…

AOBC

American Outdoor Brands

$11.75

0.075 (0.64%)

RGR

Sturm, Ruger

$60.90

0.6 (1.00%)

03/08/13
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UTX

United Technologies

$127.87

-0.18 (-0.14%)

08:46
05/23/18
05/23
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Hot Stocks
Pratt & Whitney announces up to $100M investment in West Palm Beach facility »

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  • 13

    Jun

KSS

Kohl's

$60.60

-4.87 (-7.44%)

08:46
05/23/18
05/23
08:46
05/23/18
08:46
Recommendations
Kohl's analyst commentary  »

Morgan Stanley says…

03/08/13
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ESPR

Esperion

$39.68

1.78 (4.70%)

08:45
05/23/18
05/23
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08:45
Hot Stocks
Breaking Hot Stocks news story on Esperion 

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  • 23

    May

DDAIF

Daimler AG

$0.00

(0.00%)

, BMWYY

BMW

$0.00

(0.00%)

08:45
05/23/18
05/23
08:45
05/23/18
08:45
Periodicals
Model 3 sales beat BMW 3-Series, Mercedes C-Class in California, Electrek says »

Tesla's (TSLA) Model…

DDAIF

Daimler AG

$0.00

(0.00%)

BMWYY

BMW

$0.00

(0.00%)

TSLA

Tesla

$275.01

-9.48 (-3.33%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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MDR

McDermott

$22.30

-0.25 (-1.11%)

, S

Sprint

$5.18

0.01 (0.19%)

08:45
05/23/18
05/23
08:45
05/23/18
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

MDR

McDermott

$22.30

-0.25 (-1.11%)

S

Sprint

$5.18

0.01 (0.19%)

BZUN

Baozun

$53.13

0.44 (0.84%)

HYG

iShares iBoxx $ High Yield Corporate Bond

$85.56

0.035 (0.04%)

IQ

iQIYI

$22.51

2.27 (11.22%)

XLU

Utilities SPDR

$49.44

0.2 (0.41%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 10

    Sep

LOW

Lowe's

$85.74

-1.63 (-1.87%)

08:44
05/23/18
05/23
08:44
05/23/18
08:44
Technical Analysis
Technical Take: Lowe's rises after earnings and outlook »

The stock was last up…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 23

    May

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