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AAPL

Apple

$188.18

-0.18 (-0.10%)

, SSNLF

Samsung

$0.00

(0.00%)

17:59
05/24/18
05/24
17:59
05/24/18
17:59

Apple wins $539M award from Samsung in patent trial, Bloomberg reports

A jury in San Jose, California awarded Apple (AAPL) $539M from Samsung Electronics (SSNLF) after retrial of the 2012 iPhone patent case, Bloomberg reports. Apple sought a $1B award - the amount that the 2012 case had decided before the figure was "whittled down" by a 2013 retrial - while Samsung claimed it should only pay $28M.

AAPL

Apple

$188.18

-0.18 (-0.10%)

SSNLF

Samsung

$0.00

(0.00%)

  • 10

    Sep

AAPL Apple
$188.18

-0.18 (-0.10%)

05/24/18
MSCO
05/24/18
NO CHANGE
Target $214
MSCO
Overweight
Apple price target raised to $214 on undervalued Services at Morgan Stanley
Morgan Stanley analyst Katy Huberty reiterated her view that services is fast becoming Apple's primary growth driver, adding that investors "need to recognize" that Apple is structurally different than it was just five years ago. She thinks the Services business is being undervalued by investors, projecting that by FY22 it will account for 27% of Apple revenue and just under 40% of gross profit dollars. Huberty, who shifted her valuation methodology for Apple to a sum-of-the-parts approach, raised her price target on the stock to $214 from $200 and maintains an Overweight rating on the shares.
05/21/18
OTRG
05/21/18
NO CHANGE
OTRG
Finisar's VC SELS Face ID may be integrated into iPhones, says OTR Global
05/18/18
MSCO
05/18/18
NO CHANGE
Target $190
MSCO
Overweight
Unclear yet how much YouTube Music will challenge Spotify, says Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne has slightly bumped up his estimates for Spotify's (SPOT) premium net adds and ad-supported MAUs for the year following Q1 results and Q2 guidance, saying he sees the expanded Hulu offer in the U.S. and the potential extension of free trials providing some upside that is partially offset by the launch of Google's (GOOGL) YouTube Music. While he said he would "certainly take YouTube seriously," Swinburne notes Google Play music has not previously slowed down Spotify, nor have Apple (AAPL) and Amazon's (AMZN) presence. "Time will tell how much of [Google's] relaunch is aimed at building a business versus appeasing the music industry," concludes Swinburne, who keeps an Overweight rating and $190 price target on Spotify shares.
05/18/18
COWN
05/18/18
INITIATION
Target $40
COWN
Market Perform
Cowen sees Cirrus Logic 'at mercy' of iPhone, starts at Market Perform
As reported previously, Cowen analyst Matthew Ramsay initiated Cirrus Logic with a Market Perform rating. The analyst said he is encouraged by its several growth opportunities but he believes the shares remain at the mercy of iPhone content until visibility to a content growth catalyst crystallizes. Ramsay has a $40 price target on Cirrus Logic shares.
SSNLF Samsung
$0.00

(0.00%)

05/16/18
KEYB
05/16/18
NO CHANGE
KEYB
Surveys indicate iPhone inventories beginning to trend down, says KeyBanc
KeyBanc analyst John Vinh says his carrier surveys indicate sell-through results were largely in line with lowered expectations. The analyst notes that demand for the Galaxy Samsung (SSNLF) 9 remains "very disappointing" and inventories remain bloated, as pricing and the lack of innovation appear to be culprits. These mixed results leave him slightly more constructive on owning the mobile supply chain stocks into 2H18 given the modest decline in Apple's (AAPL) iPhone inventories. Vinh's favorite mobile names are Broadcom (AVGO), Skyworks (SWKS), and Synaptics (SYNA).
05/11/18
CHLM
05/11/18
NO CHANGE
CHLM
Immersion results, guidance beat Street estimates, says Craig-Hallum
Craig-Hallum analyst Anthony Stoss reiterated a Buy rating and $17 price target on Immersion following the company's Q1 earnings report, in which the company beat Q1 consensus estimates and raised its FY18 guidance for both revenues and non-GAAP net income. Stoss noted that March cash of ~$139M implies a sizable Apple (AAPL) win, roughly in-line with the analyst's ~$90M estimate for this part of the agreement. Stoss believes that Immersion pushed for a longer term deal with Apple, with this part of the deal representing half of what he sees as a six-year agreement, with another similar payment from Apple coming for the second half of the agreement after three years. Stoss also believes that Samsung (SSNLF) and China each represent an opportunity of similar size to Apple.
05/04/18
OPCO
05/04/18
NO CHANGE
Target $120
OPCO
Outperform
Oppenheimer remains a buyer of Skyworks following Q2 results
Oppenheimer analyst Rick Schafer said he remains a buyer of Skyworks (SKWS) following the company's Q2 earnings. In a research note to investors, Schafer noted that while the June quarter outlook why shy of consensus expectations, it was likely better than feared given recent Apple (AAPL)-related foodchain cuts, adding that he believes weaker iPhone units were likely aggravated by a ramp down at Samsung (SSNLF) following an above-seasonal GS9 ramp in the first calendar quarter of the year. The analyst has an Outperform rating and $120 price target on shares.
05/01/18
OPCO
05/01/18
NO CHANGE
OPCO
Oppenheimer lowering estimates on Apple supply chain
Oppenheimer analyst Rick Schafer is lowering estimates on his Apple (AAPL) supply chain stocks on the heels of his colleague analyst Andrew Uerkwitz's estimate cuts reflecting widespread evidence of incremental downside in iPhone units likely in Q2. Schafer believes investors expect lower iPhone units near-term, with magnitude the only question, and estimates a 5M unit shortfall versus his prior Q2 estimates. The analyst expects a rebound in China smartphone to provide a tailwind for some, but not enough to offset an above seasonal slowdown at Samsung (SSNLF) and incremental Apple softness. Nonetheless, he remains bullish on sustained RF content gains as the market moves toward 5G, and his top picks on this theme are Broadcom (AVGO)/Skyworks (SWKS).

TODAY'S FREE FLY STORIES

OHI

Omega Healthcare

$31.86

0.07 (0.22%)

21:21
06/24/18
06/24
21:21
06/24/18
21:21
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Omega Healthcare rating change at Wells Fargo »

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MDT

Medtronic

$86.80

0.51 (0.59%)

20:05
06/24/18
06/24
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20:05
Hot Stocks
MiniMed 670G system real-world data show improved time in range »

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GE

General Electric

$13.05

0.29 (2.27%)

, AMZN

Amazon.com

$1,715.07

-15.13 (-0.87%)

19:31
06/24/18
06/24
19:31
06/24/18
19:31
Hot Stocks
On The Fly: Top five weekend stock stories »

Catch up on the…

GE

General Electric

$13.05

0.29 (2.27%)

AMZN

Amazon.com

$1,715.07

-15.13 (-0.87%)

BRK.A

Berkshire Hathaway

$286,859.95

2244.95 (0.79%)

BRK.B

Berkshire Hathaway

$188.89

0.05 (0.03%)

JPM

JPMorgan

$105.73

-1.79 (-1.66%)

CMCSA

Comcast

$33.82

1.02 (3.11%)

CMCSK

Comcast

$0.00

(0.00%)

C

Citi

$67.20

-0.43 (-0.64%)

TWTR

Twitter

$45.90

0.68 (1.50%)

MD

Mednax

$44.99

-0.11 (-0.24%)

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OGE

OGE Energy

$34.95

0.15 (0.43%)

19:25
06/24/18
06/24
19:25
06/24/18
19:25
Downgrade
OGE Energy rating change at Goldman Sachs »

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TWX

Acquired by T

$0.00

(0.00%)

, CMCSA

Comcast

$33.82

1.02 (3.11%)

19:18
06/24/18
06/24
19:18
06/24/18
19:18
Hot Stocks
Box Office Battle: 'Jurassic World: Fallen Kingdom' wins weekend with $150M »

Universal (CMCSA; CMCSK)…

TWX

Acquired by T

$0.00

(0.00%)

CMCSA

Comcast

$33.82

1.02 (3.11%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$50.36

1.15 (2.34%)

FOX

21st Century Fox

$48.28

0.31 (0.65%)

FOXA

21st Century Fox

$48.59

0.25 (0.52%)

LGF.A

Lionsgate

$26.90

0.6 (2.28%)

DIS

Disney

$106.37

0.48 (0.45%)

VIAB

Viacom

$30.27

-0.13 (-0.43%)

VIA

Viacom

$35.70

0.15 (0.42%)

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  • 09

    Aug

AMZN

Amazon.com

$1,715.07

-15.13 (-0.87%)

, BRK.A

Berkshire Hathaway

$286,859.95

2244.95 (0.79%)

18:53
06/24/18
06/24
18:53
06/24/18
18:53
Periodicals
Amazon/Berkshire/JPMorgan venture takes aim at middlemen, Bloomberg says »

The health venture…

AMZN

Amazon.com

$1,715.07

-15.13 (-0.87%)

BRK.A

Berkshire Hathaway

$286,859.95

2244.95 (0.79%)

BRK.B

Berkshire Hathaway

$188.89

0.05 (0.03%)

JPM

JPMorgan

$105.73

-1.79 (-1.66%)

03/08/13
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  • 13

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    Oct

GE

General Electric

$13.05

0.29 (2.27%)

18:42
06/24/18
06/24
18:42
06/24/18
18:42
Periodicals
General Electric nearing deal to sell industrial engines unit, WSJ says »

General Electric is close…

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NVO

Novo Nordisk

$46.84

0.435 (0.94%)

18:25
06/24/18
06/24
18:25
06/24/18
18:25
Conference/Events
Novo Nordisk to hold an investor and analyst event »

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  • 24

    Jun

ERYP

Erytech Pharma

$0.00

(0.00%)

18:17
06/24/18
06/24
18:17
06/24/18
18:17
Hot Stocks
Erytech Pharma confirms strategic focus of eryaspase on solid tumors »

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LXRX

Lexicon

$13.58

0.51 (3.90%)

18:12
06/24/18
06/24
18:12
06/24/18
18:12
Hot Stocks
Lexicon announces positive 52-week results from Sotagliflozin inTandem1 study »

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PODD

Insulet

$97.37

0.5697 (0.59%)

18:09
06/24/18
06/24
18:09
06/24/18
18:09
Hot Stocks
Insulet presents positive results for Omnipod Horizon Hybrid Closed-Loop System »

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LLY

Eli Lilly

$85.90

-0.17 (-0.20%)

18:00
06/24/18
06/24
18:00
06/24/18
18:00
Hot Stocks
Real-World data show advantages in people treated with Eli Lilly's Trulicity »

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LXRX

Lexicon

$13.58

0.51 (3.90%)

17:56
06/24/18
06/24
17:56
06/24/18
17:56
Hot Stocks
Lexicon announces positive 52-week results from Sotagliflozin inTandem2 study »

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DGX

Quest Diagnostics

$112.13

0.93 (0.84%)

17:53
06/24/18
06/24
17:53
06/24/18
17:53
Hot Stocks
Employer wellness programs may reduce risk of developing chronic conditions »

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LLY

Eli Lilly

$85.90

-0.17 (-0.20%)

17:44
06/24/18
06/24
17:44
06/24/18
17:44
Hot Stocks
New data reinforce potential of Eli Lilly's Ultra Rapid Lispro in diabetes »

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  • 10

    Sep

LLY

Eli Lilly

$85.90

-0.17 (-0.20%)

17:38
06/24/18
06/24
17:38
06/24/18
17:38
Hot Stocks
Eli Lilly announces findings from new analyses of EMPA-REG OUTCOME trial »

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  • 10

    Sep

CTRV

ContraVir Pharmaceuticals

$1.47

-0.06 (-3.92%)

17:30
06/24/18
06/24
17:30
06/24/18
17:30
Conference/Events
ContraVir Pharmaceuticals to hold a business news update conference call »

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ZFGN

Zafgen

$6.94

0.32 (4.83%)

17:27
06/24/18
06/24
17:27
06/24/18
17:27
Hot Stocks
Zafgen announces positive full results in phase 2 clinical trial of ZGN-1061 »

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MNKD

MannKind

$1.98

0.02 (1.02%)

17:22
06/24/18
06/24
17:22
06/24/18
17:22
Hot Stocks
MannKind presents positive Afrezza clinical data from STAT, AFFINITY studies »

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MRK

Merck

$61.46

0.295 (0.48%)

16:53
06/24/18
06/24
16:53
06/24/18
16:53
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Merck presents new data from comparative trials in Type 2 diabetes »

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NVO

Novo Nordisk

$46.84

0.435 (0.94%)

04:55
06/24/18
06/24
04:55
06/24/18
04:55
Conference/Events
Novo Nordisk to hold an investor and analyst event »

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  • 24

    Jun

A

Agilent

$62.79

-0.24 (-0.38%)

, ABT

Abbott

$61.93

0.19 (0.31%)

04:55
06/24/18
06/24
04:55
06/24/18
04:55
Conference/Events
American Diabetes Association to hold a conference »

78th Scientific Sessions…

A

Agilent

$62.79

-0.24 (-0.38%)

ABT

Abbott

$61.93

0.19 (0.31%)

AKCA

Akcea Therapeutics

$26.24

0.4 (1.55%)

AMGN

Amgen

$184.86

-1.14 (-0.61%)

AZN

AstraZeneca

$35.06

-0.095 (-0.27%)

BAYRY

Bayer

$0.00

(0.00%)

CL

Colgate-Palmolive

$64.63

1.15 (1.81%)

DXCM

DexCom

$99.52

-0.2 (-0.20%)

LLY

Eli Lilly

$85.90

-0.17 (-0.20%)

IRWD

Ironwood

$19.35

0.74 (3.98%)

JNJ

Johnson & Johnson

$122.81

1.36 (1.12%)

MDT

Medtronic

$86.80

0.51 (0.59%)

MNKD

MannKind

$1.98

0.02 (1.02%)

WAKE

Wake Forest Bancshares Inc.

$0.00

(0.00%)

VLRX

Valeritas

$1.39

0.035 (2.58%)

TNDM

TNDM

SNY

Sanofi

$39.98

0.96 (2.46%)

SIEGY

Siemens

$0.00

(0.00%)

SENS

Senseonics

$4.76

-0.2 (-4.03%)

REGN

Regeneron

$331.82

2.81 (0.85%)

PODD

Insulet

$97.37

0.5697 (0.59%)

NVO

Novo Nordisk

$46.84

0.435 (0.94%)

MRK

Merck

$61.46

0.295 (0.48%)

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  • 11

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  • 27

    Aug

  • 30

    Aug

  • 10

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  • 06

    Oct

  • 20

    Oct

  • 23

    Oct

  • 28

    Oct

  • 28

    Jan

  • 22

    Mar

AMGN

Amgen

$184.86

-1.14 (-0.61%)

12:23
06/23/18
06/23
12:23
06/23/18
12:23
Hot Stocks
Amgen's Repatha 'significantly reduced' LDL-C, non-HDL-C in Type 2 diabetes »

Amgen announced new data…

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LLY

Eli Lilly

$85.90

-0.17 (-0.20%)

12:18
06/23/18
06/23
12:18
06/23/18
12:18
Hot Stocks
Eli Lilly's Trulicity shows promise in delivering efficacy in type 2 diabetes »

Two investigational doses…

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  • 10

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IRWD

Ironwood

$19.35

0.74 (3.98%)

12:14
06/23/18
06/23
12:14
06/23/18
12:14
Hot Stocks
Ironwood announced Praliciguat phase IIa study data »

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