Breaking News Instant updates and real-time market news.

BIIB

Biogen

$342.41

-11.38 (-3.22%)

, ESALY

Eisai

$0.00

(0.00%)

10:26
07/10/18
07/10
10:26
07/10/18
10:26

Biogen, Eisai not sharing details on BAN2401 presentation at AAIC, says Mizuho

After Biogen (BIIB) and partner Eisai's (ESALY) recent announcement that BAN2401 demonstrated statistically significant slowing in clinical decline and reduction of amyloid beta accumulation in a trial of Alzheimer's patients, Mizuho analyst Salim Syed said he has checked with both companies and neither is divulging any details about what sort of data on the trial will be shared at the upcoming AAIC meeting. He maintains a Buy rating and $423 price target on Biogen shares.

BIIB

Biogen

$342.41

-11.38 (-3.22%)

ESALY

Eisai

$0.00

(0.00%)

  • 24

    Jul

  • 30

    Jul

  • 31

    Jul

BIIB Biogen
$342.41

-11.38 (-3.22%)

07/10/18
BARD
07/10/18
DOWNGRADE
BARD
Neutral
Biogen downgraded to Neutral from Outperform at Baird
07/10/18
RBCM
07/10/18
NO CHANGE
Target $349
RBCM
Sector Perform
Biogen price target raised to $349 from $320 at RBC Capital
RBC Capital analyst Brian Abrahams raised his price target on Biogen to $349, saying his conference call with Martin Sadowski, Associate Professor at the New York University School of Medicine, suggests positive implications for the company's BAN2401 top-line data. Abrahams notes that Sadowski validated the the beta-amyloid hypothesis of the study and also increased his probability of success estimates for '2401 and aducanumab to 65% from 40%. The analyst keeps his Sector Perform rating on Biogen, adding that while the recent upside stock move is justified, the current valuation reflects the implications of the study and offers less favorable risk-reward.
07/10/18
BARD
07/10/18
DOWNGRADE
Target $323
BARD
Neutral
Biogen downgraded to Neutral from Outperform at Baird
Baird analyst Brian Skorney downgraded Biogen to Neutral and told investors in a research note that following a quick ~35% move since his April upgrade, he is taking his gains off the table on the back of the BAN2401 results. Skorney says he does not believe such a "seismic" move is justified on the back of "pretty ambiguous" Alzheimer's data. The analyst says he is stepping to the sidelines, but keeping his $323 price target.
07/10/18
07/10/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Walgreens Boots Alliance (WBA) downgraded to In Line from Outperform at Evercore ISI. 2. Chipotle (CMG) downgraded to Underperform from Neutral at Mizuho with analyst Jeremy Scott saying after an 80% rally since the new CEO appointment, Chipotle shares currently price in an "aggressive recovery" in both comps and margins. 3. Biogen (BIIB) downgraded to Neutral from Outperform at Baird with analyst Brian Skorney saying that following a quick ~35% move since his April upgrade, he is taking his gains off the table on the back of the BAN2401 results. 4. eBay (EBAY) downgraded to Hold from Buy at SunTrust with analyst Youssef Squali citing the anticipated impact of the recent U.S. Supreme Court decision that forces collection of online sales tax on a state level and reverses the 1992 e-commerce precedent. 5. Square (SQ) assumed and downgraded to a Hold from Buy at Jefferies and a Perform from Outperform at Oppenheimer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
ESALY Eisai
$0.00

(0.00%)

07/06/18
MSCO
07/06/18
NO CHANGE
Target $369
MSCO
Overweight
Biogen likely to be up 5%-10% on positive Alzheimer's data, says Morgan Stanley
Morgan Stanley analyst Matthew Harrison said the fact that Eisai (ESALY) and Biogen's (BIIB) BAN2401 trial achieved positive topline results at an 18 month landmark analysis is a "clear positive" for the perception of aducanumab and he expects Biogen's shares to be up 5% to over 10% following the news. Harrison added that he would expect full data to be reported at the CTAD meeting in October as he thinks the AAIC meeting coming up in late July is too close. He keeps an Overweight rating and $369 price target on Biogen shares.
07/06/18
NOMU
07/06/18
UPGRADE
NOMU
Buy
Eisai upgraded to Buy from Neutral at Nomura Instinet

TODAY'S FREE FLY STORIES

TIF

Tiffany

$112.93

1.81 (1.63%)

09:17
10/15/18
10/15
09:17
10/15/18
09:17
Recommendations
Tiffany analyst commentary  »

KeyBanc bullish on…

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

See Street Research during your Free Trial

PERY

Perry Ellis

$27.44

0.01 (0.04%)

09:15
10/15/18
10/15
09:15
10/15/18
09:15
Hot Stocks
Perry Ellis announces license agreement with Racing Shield »

Perry Ellis announced…

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

See Street Research during your Free Trial

  • 18

    Oct

  • 03

    Mar

ANET

Arista Networks

$222.32

6.7 (3.11%)

, CSCO

Cisco

$45.69

1.56 (3.54%)

09:12
10/15/18
10/15
09:12
10/15/18
09:12
Recommendations
Arista higher after William Blair uncovers 'game-changing' Pentagon win »

William Blair analyst…

ANET

Arista Networks

$222.32

6.7 (3.11%)

CSCO

Cisco

$45.69

1.56 (3.54%)

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

See Street Research during your Free Trial

  • 17

    Oct

  • 21

    Oct

  • 24

    Oct

  • 25

    Oct

  • 01

    Nov

ABCD

Cambium Learning

$12.05

0.27 (2.29%)

, TNDM

TNDM

09:12
10/15/18
10/15
09:12
10/15/18
09:12
Hot Stocks
Fly Intel: Pre-market Movers »

HIGHER: Cambium Learning…

ABCD

Cambium Learning

$12.05

0.27 (2.29%)

TNDM

TNDM

ACRX

AcelRx

$3.95

(0.00%)

HRS

Harris

$154.88

0.61 (0.40%)

LLL

L3 Technologies

$195.99

0.74 (0.38%)

PGNX

Progenics

$5.55

-0.035 (-0.63%)

BAC

Bank of America

$28.42

0.07 (0.25%)

AAXN

Axon

$58.91

2.7 (4.80%)

NTRI

Nutrisystem

$37.12

1.11 (3.08%)

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

See Street Research during your Free Trial

  • 15

    Oct

  • 15

    Oct

  • 15

    Oct

  • 16

    Oct

  • 24

    Oct

  • 29

    Oct

  • 03

    Nov

  • 27

    Nov

MCD

McDonald's

$163.82

0.87 (0.53%)

09:11
10/15/18
10/15
09:11
10/15/18
09:11
Upgrade
McDonald's rating change  »

McDonald's upgraded…

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

See Street Research during your Free Trial

  • 23

    Oct

YVR

Liquid Media

$4.35

1.55 (55.36%)

09:11
10/15/18
10/15
09:11
10/15/18
09:11
Hot Stocks
Liquid Media effects 1-for-5 reverse stock split »

Liquid Media announces…

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

See Street Research during your Free Trial

09:11
10/15/18
10/15
09:11
10/15/18
09:11
Conference/Events
Morgan Stanley to hold an analyst/industry conference call »

Vice President Kaufman…

DLTR

Dollar Tree

$81.15

1.62 (2.04%)

09:10
10/15/18
10/15
09:10
10/15/18
09:10
Downgrade
Dollar Tree rating change  »

Dollar Tree downgraded to…

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

See Street Research during your Free Trial

09:10
10/15/18
10/15
09:10
10/15/18
09:10
General news
The Empire State headline bounce to 21.1 »

The Empire State headline…

BAC

Bank of America

$28.42

0.07 (0.25%)

09:09
10/15/18
10/15
09:09
10/15/18
09:09
Hot Stocks
Bank of America says investment banking can do better »

Says has 1,200…

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

See Street Research during your Free Trial

  • 15

    Oct

  • 24

    Oct

FISV

Fiserv

$77.15

1.25 (1.65%)

09:09
10/15/18
10/15
09:09
10/15/18
09:09
Recommendations
Fiserv analyst commentary  »

Fiserv price target…

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

See Street Research during your Free Trial

  • 21

    Oct

  • 24

    Oct

  • 31

    Oct

JPM

JPMorgan

$106.88

-1.18 (-1.09%)

09:06
10/15/18
10/15
09:06
10/15/18
09:06
Recommendations
JPMorgan analyst commentary  »

JPMorgan price target…

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

See Street Research during your Free Trial

  • 19

    Oct

  • 21

    Oct

  • 24

    Oct

  • 26

    Feb

GPRO

GoPro

$6.48

0.29 (4.69%)

, ADBE

Adobe

$248.89

10.24 (4.29%)

09:06
10/15/18
10/15
09:06
10/15/18
09:06
Hot Stocks
GoPro, Adobe announce collaboration »

At Adobe MAX, GoPro…

GPRO

GoPro

$6.48

0.29 (4.69%)

ADBE

Adobe

$248.89

10.24 (4.29%)

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

See Street Research during your Free Trial

  • 15

    Oct

  • 01

    Nov

MNST

Monster Beverage

$53.29

0.46 (0.87%)

09:06
10/15/18
10/15
09:06
10/15/18
09:06
Downgrade
Monster Beverage rating change  »

Monster Beverage…

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

See Street Research during your Free Trial

SODA

SodaStream

$142.86

0.15 (0.11%)

09:06
10/15/18
10/15
09:06
10/15/18
09:06
Hot Stocks
SodaStream launches plastic waste collecting vessel off Honduras coast »

SodaStream launched the…

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

See Street Research during your Free Trial

CMTL

Comtech

$31.95

0.2 (0.63%)

09:05
10/15/18
10/15
09:05
10/15/18
09:05
Hot Stocks
Comtech awarded in excess of $5.4M additional funding from U.S. Army »

Comtech…

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

See Street Research during your Free Trial

09:05
10/15/18
10/15
09:05
10/15/18
09:05
General news
U.S. equities are back underwater »

U.S. equities are back…

COUP

Coupa Software

$63.07

2.19 (3.60%)

09:04
10/15/18
10/15
09:04
10/15/18
09:04
Hot Stocks
Coupa Software acquires Aquiire »

Coupa Software announced…

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

See Street Research during your Free Trial

BDRBF

Bombardier

$0.00

(0.00%)

09:04
10/15/18
10/15
09:04
10/15/18
09:04
Hot Stocks
Bombardier: Flight test program for Global 5500, 6500 'on schedule' »

Bombardier announced that…

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

See Street Research during your Free Trial

PNC

PNC Financial

$124.15

-7.47 (-5.68%)

09:03
10/15/18
10/15
09:03
10/15/18
09:03
Upgrade
PNC Financial rating change  »

PNC Financial upgraded to…

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

See Street Research during your Free Trial

  • 16

    Jan

  • 12

    Apr

  • 17

    Jul

  • 16

    Oct

OSTK

Overstock.com

$26.41

1.56 (6.28%)

09:03
10/15/18
10/15
09:03
10/15/18
09:03
Hot Stocks
Overstock.com says Customer Day has discounts on 1.5M products »

Overstock.com says its…

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

See Street Research during your Free Trial

AMZN

Amazon.com

$1,788.63

69.51 (4.04%)

09:03
10/15/18
10/15
09:03
10/15/18
09:03
Hot Stocks
Amazon becomes official retail partner for 'Shark Tank' »

Amazon announced that it…

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

See Street Research during your Free Trial

  • 16

    Oct

  • 16

    Oct

  • 17

    Oct

  • 25

    Oct

GOGO

Gogo

$5.49

0.06 (1.11%)

09:03
10/15/18
10/15
09:03
10/15/18
09:03
Hot Stocks
Gogo Business Aviation surpasses 5,000 systems installed »

Gogo Business Aviation…

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

See Street Research during your Free Trial

ICON

Iconix Brand

$0.22

-0.001 (-0.44%)

09:02
10/15/18
10/15
09:02
10/15/18
09:02
Hot Stocks
Iconix Brand names Robert Galvin as CEO »

The Board of Directors of…

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

See Street Research during your Free Trial

C

Citi

$69.82

1.44 (2.11%)

09:01
10/15/18
10/15
09:01
10/15/18
09:01
Recommendations
Citi analyst commentary  »

Citi price target raised…

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

See Street Research during your Free Trial

  • 21

    Oct

  • 25

    Oct

  • 14

    Nov

  • 14

    Jan

  • 15

    Apr

  • 13

    Jul

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.