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AMZN

Amazon.com

$1,719.66

14.86 (0.87%)

, SBUX

Starbucks

$56.86

0.65 (1.16%)

13:44
06/14/18
06/14
13:44
06/14/18
13:44

Seattle repeals 'Amazon tax' just a month after approving it, TechCrunch says

Seattle's City Council has repealed a tax it unanimously passed just last month that would require big corporations to pay a fixed amount per employee, with the money to be used to combat homelessness, TechCrunch reports. Amazon (AMZN) was the most high-profile opponent of the tax, though not the only one, the report says. After fighting to have the law changed, Amazon, Starbucks (SBUX), and Paul Allen's Vulcan lent their weight and money to a referendum campaign that would put the tax up to a popular vote in November, the report says. This prospect apparently caused the City Council to announce a special meeting less than a day in advance, which resulted in a repeal of the tax, the report notes. Reference Link

AMZN

Amazon.com

$1,719.66

14.86 (0.87%)

SBUX

Starbucks

$56.86

0.65 (1.16%)

  • 19

    Jun

  • 22

    Jun

AMZN Amazon.com
$1,719.66

14.86 (0.87%)

06/14/18
DADA
06/14/18
NO CHANGE
Target $2100
DADA
Buy
Amazon.com price target raised to $2,100 from $1,900 at DA Davidson
DA Davidson analyst Tom Forte raised his price on Amazon.com to $2,100 and kept his Buy rating, citing his updated model projecting incremental revenue generated by the company's private-label and ad efforts relative to his prior forecasts. Forte says he is raising his sales growth projections by 1% for the forward years and still expects longer-term adjusted EBITDA margin to reach 20% vs. 11.1% in 2017.
06/13/18
MSCO
06/13/18
NO CHANGE
MSCO
Morgan Stanley says AT&T ruling may help narrow public/private media value gap
Morgan Stanley analyst Benjamin Swinburne said the court approval of AT&T's (T) acquisition of Time Warner (TWX) without conditions recognized the reality of new competition in the form of content investments from players such as Netflix (NFLX), Google's (GOOGL) YouTube, Amazon (AMZN), Apple (AAPL) and Facebook (FB). This ruling sends a "clear message to other industry players" and market uncertainty on deal prospects could fall, which could mean that equity values will likely rise accordingly, Swinburne tells investors. He notes there remains a large gap, which may now narrow, between private market valuations and public multiples in many parts of media and cable, pointing to Discovery Inc. (DISCK) as an example illustrating that point.
06/11/18
BARD
06/11/18
NO CHANGE
Target $90
BARD
Outperform
Target price target raised to $90 from $85 at Baird
Baird analyst Peter Benedict raised his price target on Target (TGT) to $90 and kept his Outperfom rating, saying 2018 marks the year of "aggressive scaling" of same-day and next-day fulfillment option that rivals "any retailer in the market", including Amazon (AMZN) and Walmart (WMT). The analyst further contends that given the improving profitability trends, "Target remains a stock to own".
06/08/18
BERN
06/08/18
NO CHANGE
BERN
Bernstein offers list of possible CEOs for Amazon-Berkshire-JPMorgan venture
After Berkshire' (BRK.A) Warren Buffett and JPMorgan's (JPM) Jamie Dimon announced on CNBC that they have selected a CEO for their healthcare joint venture with Amazon (AMZN) and added that they would announce the name in about two weeks, Bernstein analyst Lance Wilkes noted that Geisinger CEO David Feinberg denied accepting the position and said he is committed to Geisinger. The ultimate choice of the CEO will inform on the intended scope of the NewCo and how the companies will prioritize strategic direction and needed capabilities, said Wilkes, who offered a list of potential CEO candidates that includes Gary Loveman, Rick Jelinek, Matt Manders, Patrick Conway, Amir Rubin, Owen Tripp, Chris Grant, Marc Harrison, Andy Slavitt, Todd Park and Peter Orszag.
SBUX Starbucks
$56.86

0.65 (1.16%)

06/05/18
BARD
06/05/18
NO CHANGE
Target $65
BARD
Outperform
Starbucks loss of Schultz raises risk profile, says Baird
Baird analyst David Tarantino believes the departure of Howard Schultz from Starbucks raises the risk profile for investors. The analyst said he is disappointed to see such an iconic leader exit the business, but he is cautiously optimistic the current leadership team can execute the current strategies effectively. Tarantino lowered his price target to $65 from $68 on Starbucks shares, but maintains an Outperform rating.
06/05/18
MSCO
06/05/18
NO CHANGE
Target $72
MSCO
Overweight
Schultz leaving a loss, but Morgan Stanley says change can benefit Starbucks too
Morgan Stanley John Glass said Howard Schultz stepping down from his role of executive chairman must be considered a loss for Starbucks, but he added that change can have some potential benefits as well. Glass contends Starbucks is at an important crossroads in its strategy and he believes this event perhaps could further accelerate this process as the new leadership team put the company on a path toward the future with their own ideas. Glass maintains his Overweight rating and $72 price target on Starbucks shares.
05/21/18
UBSW
05/21/18
NO CHANGE
Target $66
UBSW
Buy
Starbucks deserves a premium multiple, says UBS
UBS analyst Dennis Geiger said Starbucks has broad-based quality growth and as a results deserves its premium multiple. The analyst went to China and saw a strong and increasingly important growth opportunity. The analyst said new products, digital, and market tailwinds will help contribute to its positive same-store-sales growth. Geiger reiterated his Buy rating and $66 price target on Starbucks shares.
05/21/18
JPMS
05/21/18
NO CHANGE
Target $64
JPMS
Overweight
JPMorgan likes Starbucks' risk/reward at current share levels
In a research note titled "Far from Perfect, but Good Enough for Where Stock is," JPMorgan analyst John Ivankoe says he likes Starbucks' risk/reward profile at current share levels. Following the company's first ever in-country analyst day focused on China, the analyst believes "multiple downside is very limited." Downside risk in the stock comes from earnings, not multiple compression, Ivankoe tells investors. He keeps an Overweight rating on Starbucks with a $64 price target.

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Senate Banking, Housing & Urban Affairs Committee to hold a hearing »

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WWD

Woodward

$74.57

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GRMN

Garmin

$64.96

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, ASNA

Ascena Retail

$2.73

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Unusually active option classes on open December 11th »

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Garmin

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ASNA

Ascena Retail

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KBE

KBW Bank ETF

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CMCSA

Comcast

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XME

SPDR S&P Metals & Mining

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FCX

Freeport McMoRan

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OIH

Oil Services Holders Trust

$16.46

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VZ

Verizon

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JPM

JPMorgan

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T

AT&T

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IGXT

IntelGenx

$0.00

(0.00%)

09:39
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IntelGenx management to meet with Maxim »

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AAPL

Apple

$169.61

1.24 (0.74%)

09:39
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MU

Micron

$34.80

-0.51 (-1.44%)

, INTC

Intel

$47.21

0.98 (2.12%)

09:36
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Recommendations
Micron, Intel, Western Digital, Nvidia, AMD analyst commentary  »

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MU

Micron

$34.80

-0.51 (-1.44%)

INTC

Intel

$47.21

0.98 (2.12%)

WDC

Western Digital

$41.67

-0.395 (-0.94%)

NVDA

Nvidia

$151.98

4.44 (3.01%)

AMD

AMD

$19.98

0.53 (2.72%)

03/08/13
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CZZ

Cosan

$8.37

-0.14 (-1.65%)

09:35
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09:35
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Cosan rating change  »

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AMD

AMD

$19.98

0.53 (2.72%)

09:34
12/11/18
12/11
09:34
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09:34
Technical Analysis
Technical Take: AMD outperforms, analyst action »

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ITUB

Itau Unibanco

$8.80

-0.275 (-3.03%)

09:34
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09:34
Downgrade
Itau Unibanco rating change  »

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BSBR

Santander Brasil

$10.87

-0.3 (-2.69%)

09:34
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Santander Brasil rating change  »

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BBD

Banco Bradesco

$9.43

-0.23 (-2.38%)

09:32
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09:32
Downgrade
Banco Bradesco rating change  »

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AAPL

Apple

$169.61

1.24 (0.74%)

, GOOG

Alphabet

$1,040.02

3.5 (0.34%)

09:29
12/11/18
12/11
09:29
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09:29
Periodicals
Apple launches mobile payments service in Germany, Reuters reports »

Apple (AAPL) launched its…

AAPL

Apple

$169.61

1.24 (0.74%)

GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

03/08/13
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  • 11

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TBPH

Theravance Biopharma

$27.00

0.18 (0.67%)

09:28
12/11/18
12/11
09:28
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09:28
Conference/Events
Theravance Biopharma to host research and development day »

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  • 12

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ZEN

Zendesk

$58.62

0.21 (0.36%)

09:27
12/11/18
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09:27
Conference/Events
Zendesk management to meet with William Blair »

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KAR

KAR Auction

$50.43

-0.61 (-1.20%)

09:26
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09:26
Conference/Events
KAR Auction management to meet with Stephens »

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AXP

American Express

$105.82

-0.905 (-0.85%)

09:25
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Conference/Events
American Express management to meet with William Blair »

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  • 11

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CVS

CVS Health

$73.34

-0.75 (-1.01%)

, AET

Aetna

$0.00

(0.00%)

09:25
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09:25
Recommendations
CVS Health, Aetna, Amazon.com analyst commentary  »

CVS Health assumed with…

CVS

CVS Health

$73.34

-0.75 (-1.01%)

AET

Aetna

$0.00

(0.00%)

AMZN

Amazon.com

$1,640.37

11.18 (0.69%)

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  • 19

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STNG

Scorpio Tankers

$2.05

(0.00%)

09:25
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Conference/Events
Scorpio Tankers to host an analyst and investor day »

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09:25
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Conference/Events
JPMorgan pharmaceuticals analyst to hold analyst/industry conference call »

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JPMorgan oilfield service/equip analyst to hold analyst/industry conference call »

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UBS Spanish/Italian banking analyst to hold analyst/industry conference call »

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ZION

Zions Bancorp

$44.25

-0.86 (-1.91%)

09:24
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Conference/Events
Zions Bancorp management to meet with Sandler O'Neill »

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  • 12

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NKE

Nike

$72.50

-0.86 (-1.17%)

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  • 20

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DX

Dynex Capital

$5.95

-0.06 (-1.00%)

09:23
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Hot Stocks
Dynex Capital to pay common dividend distributions monthly starting in 2019 »

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TSLA

Tesla

$365.20

7.355 (2.06%)

09:23
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Hot Stocks
Tesla's Musk says tax credit in U.S. going down $3,750 in three weeks »

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