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CMG

Chipotle

$455.36

-8.89 (-1.91%)

12:02
07/10/18
07/10
12:02
07/10/18
12:02

Postmates launches 100+ cities in U.S. expansion, expands Chipotle partnership

In a massive U.S. market expansion, Postmates, an on-demand delivery companies, launched 100+ cities, increasing coverage to nearly 1 in 2 U.S. households. Now, over 50M more customers can access the on-demand delivery platform with the broadest selection of restaurants and stores, and lowest prices. The company also announced it has expanded its national delivery partnership with Chipotle Mexican Grill, adding 300 locations and reducing delivery fees to $3.99. To celebrate, Postmates is waiving delivery fees on all Chipotle orders through Sunday, July 15.

  • 10

    Jul

  • 26

    Jul

CMG Chipotle
$455.36

-8.89 (-1.91%)

07/09/18
BARD
07/09/18
NO CHANGE
Target $500
BARD
Outperform
Chipotle's near-term setup favorable, says Baird, adding Fresh Pick designation
Baird analyst David Tarantino added a Fresh Pick designation to Chipotle Mexican Grill ahead of the company's Q2 results on July 26, telling investors in a research note that the near-term setup appears favorable and that he sees the potential to report "good" quarterly results, with possible upside to EPS estimates. The analyst says he expects same-store sales momentum to accelerate in Q3, leading to greater investor confidence in the company's turnaround prospects under the leadership of new CEO Brian Niccol and more bullish investor sentiment on the shares. Tarantino has an Outperform rating and $500 price target on shares.
07/10/18
MZHO
07/10/18
DOWNGRADE
Target $330
MZHO
Underperform
Chipotle downgraded to Underperform from Neutral at Mizuho
Mizuho analyst Jeremy Scott downgraded Chipotle Mexican Grill to Underperform while raising his price target for the shares to $330 from $300. The stock closed yesterday up $12.72, or 3%, to $463.89. After an 80% rally since the new CEO appointment, Chipotle shares currently price in an "aggressive recovery" in both comps and margins, Scott tells investors in a research note. The analyst does not see "clear catalysts that can justify significant earnings upside." As such, he recommends investors "reduce their risk."
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.
07/10/18
07/10/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. STIFEL UPGRADES WYNN TO BUY: Stifel analyst Steven Wieczynski upgraded Wynn Resorts (WYNN) to Buy from Hold, as he believes the pullback in the stock recently has created a compelling opportunity. While acknowledging his upgrade "might be a bit early," Wieczynski argues that he would rather be early than late "given the volatility of swings in Macau related stocks." Wynn is up 2.7% in midday trading. BARCLAYS OPTIMISTIC ON UNDER ARMOUR'S Q2 RESULTS: Barclays analyst Matthew McClintock said Under Armour (UAA) appears well positioned to meet or exceed guidance for Q2. The analyst, however, questioned if that is enough to make the stock work with the shares up 54% year-to-date. Even if Under Armour beats, the recent stock price appreciation likely limits upside in the stock from here, McClintock told investors. McClintock has an Overweight rating on Under Armour with a $20 price target, below the stock's current levels. MIZUHO CUTS CHIPOTLE TO UNDERPERFORM: Mizuho analyst Jeremy Scott downgraded Chipotle Mexican Grill (CMG) to Underperform while raising his price target for the shares to $330 from $300. After an 80% rally since the new CEO appointment, Chipotle shares currently price in an "aggressive recovery" in both comps and margins, Scott told investors in a research note. The analyst does not see "clear catalysts that can justify significant earnings upside." As such, he recommended investors "reduce their risk." EBAY DOWNGRADED AFTER SCOTUS RULING: SunTrust analyst Youssef Squali downgraded eBay (EBAY) to Hold from Buy and lowered his price target to $40 from $48, 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. Squali added that eBay's more positive developments around Payments, StubHub and buybacks can limit the downside on the stock. SQUARE DOWNGRADED TO 'HOLD' EQUIVALENT RATINGS BY TWO FIRMS: Jefferies analyst John Hecht downgraded Square (SQ) to Hold from Buy after assuming coverage of the name. The analyst said he sees "broadly positive fundamentals" for the company, but believes the shares are fairly valued at current levels. Oppenheimer analyst Glenn Greene downgraded Square to Perform from Outperform after assuming coverage of the name. While the analyst is optimistic that Square's "robust growth will persist," he estimated that greater than 30% and 55% of annual revenue and EBITDA growth are priced into the shares. As such, he sees "meaningful risk if growth moderates or execution falters." Square is down over 1% in midday trading.

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SCHW

Charles Schwab

$50.62

-0.14 (-0.28%)

17:58
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Charles Schwab to hold a webcast »

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FNGN

Financial Engines

$44.93

(0.00%)

17:49
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Financial Engines to host special shareholder meeting »

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NVRO

Nevro

$57.75

-10.255 (-15.08%)

17:44
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17:44
Conference/Events
Nevro to host business news update conference call »

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TSLA

Tesla

$318.80

2.05 (0.65%)

17:41
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TWX

Acquired by T

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Comcast

$34.70

0.15 (0.43%)

17:32
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Comcast

$34.70

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CMCSK

Comcast

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SNE

Sony

$53.32

1.11 (2.13%)

FOX

21st Century Fox

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FOXA

21st Century Fox

$47.55

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LGF.A

Lionsgate

$25.91

0.07 (0.27%)

DIS

Disney

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1.72 (1.59%)

VIAB

Viacom

$30.00

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VIA

Viacom

$35.10

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AMZN

Amazon.com

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15.99 (0.89%)

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EADSY

Airbus

$0.00

(0.00%)

16:57
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07/15
16:57
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16:57
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Airbus near deal to sell A350s to StarLux, Reuters reports »

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TWTR

Twitter

$44.49

-0.775 (-1.71%)

12:44
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Twitter suspends accounts linked to Russians indicted by Mueller, Reuters says »

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SPY

SPDR S&P 500 ETF Trust

$279.57

0.3 (0.11%)

, SPX

S&P 500

$0.00

(0.00%)

12:29
07/15/18
07/15
12:29
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12:29
Periodicals
Trump says he will run for reelection, Reuters reports »

President Donald Trump…

SPY

SPDR S&P 500 ETF Trust

$279.57

0.3 (0.11%)

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S&P 500

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EADSY

Airbus

$0.00

(0.00%)

12:22
07/15/18
07/15
12:22
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12:22
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Airbus in talks for repeat Viva Aerobus jet order, Reuters says »

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BA

Boeing

$350.81

4.79 (1.38%)

12:19
07/15/18
07/15
12:19
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12:19
Periodicals
Boeing concerned about tariff talk, Reuters reports »

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  • 25

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SPY

SPDR S&P 500 ETF Trust

$279.57

0.3 (0.11%)

, SPX

S&P 500

$0.00

(0.00%)

12:17
07/15/18
07/15
12:17
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12:17
Periodicals
President Trump calls EU a 'foe' on trade, Reuters reports »

President Donald Trump…

SPY

SPDR S&P 500 ETF Trust

$279.57

0.3 (0.11%)

SPX

S&P 500

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LLL

L3 Technologies

$203.32

1.29 (0.64%)

12:14
07/15/18
07/15
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12:14
Hot Stocks
L3 Technologies appoints new SVP, Chief Global Business Development Officer »

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FB

Facebook

$207.33

0.43 (0.21%)

, TWTR

Twitter

$44.49

-0.775 (-1.71%)

13:27
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13:27
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Periodicals
Facebook, Alphabet to testify at U.S. House hearing, Reuters reports »

The U.S. House Judiciary…

FB

Facebook

$207.33

0.43 (0.21%)

TWTR

Twitter

$44.49

-0.775 (-1.71%)

GOOG

Alphabet

$1,188.81

4.94 (0.42%)

GOOGL

Alphabet Class A

$1,204.34

2.43 (0.20%)

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AAPL

Apple

$191.32

0.19 (0.10%)

, T

AT&T

$31.66

-0.56 (-1.74%)

13:06
07/14/18
07/14
13:06
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13:06
Periodicals
Apple's next iPhone may be debut of eSIM, Barron's says »

Apple's (AAPL) next…

AAPL

Apple

$191.32

0.19 (0.10%)

T

AT&T

$31.66

-0.56 (-1.74%)

VZ

Verizon

$51.41

0.17 (0.33%)

S

Sprint

$5.66

(0.00%)

TMUS

T-Mobile

$61.68

0.09 (0.15%)

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AEP

American Electric

$70.37

-0.02 (-0.03%)

, NEE

NextEra Energy

$169.60

1.06 (0.63%)

12:57
07/14/18
07/14
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Periodicals
Utility stocks worth a second look, Barron's says »

Utility stocks like…

AEP

American Electric

$70.37

-0.02 (-0.03%)

NEE

NextEra Energy

$169.60

1.06 (0.63%)

XEL

Xcel Energy

$46.26

-0.09 (-0.19%)

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AVGO

Broadcom

$202.46

-7.45 (-3.55%)

, CA

CA Technologies

$44.07

-0.08 (-0.18%)

12:50
07/14/18
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12:50
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12:50
Periodicals
Broadcom testing investors' faith, Barron's says »

For a while, shareholders…

AVGO

Broadcom

$202.46

-7.45 (-3.55%)

CA

CA Technologies

$44.07

-0.08 (-0.18%)

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VRX

Valeant

$23.40

-0.84 (-3.47%)

, HLF

Herbalife Nutrition

$53.95

-0.14 (-0.26%)

12:16
07/14/18
07/14
12:16
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Ackman might be making a comeback, Barron's says »

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VRX

Valeant

$23.40

-0.84 (-3.47%)

HLF

Herbalife Nutrition

$53.95

-0.14 (-0.26%)

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  • 01

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ARNC

Arconic

$17.39

0.08 (0.46%)

, APO

Apollo Global

$36.13

0.26 (0.72%)

08:41
07/14/18
07/14
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08:41
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Apollo, other PE firms express interest in Arconic, WSJ reports »

Arconic (ARNC) has…

ARNC

Arconic

$17.39

0.08 (0.46%)

APO

Apollo Global

$36.13

0.26 (0.72%)

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  • 02

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PFE

Pfizer

$37.53

0.01 (0.03%)

, BABA

Alibaba

$190.03

-0.14 (-0.07%)

08:23
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Week in review: How Trump's policies moved stocks »

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PFE

Pfizer

$37.53

0.01 (0.03%)

BABA

Alibaba

$190.03

-0.14 (-0.07%)

BIDU

Baidu

$267.20

-4.31 (-1.59%)

JD

JD.com

$38.27

-0.25 (-0.65%)

IQ

iQIYI

$33.92

-1.12 (-3.20%)

VIPS

Vipshop

$10.23

-0.09 (-0.87%)

NYT

New York Times

$25.60

-0.6 (-2.29%)

PLNT

Planet Fitness

$48.71

1.2 (2.53%)

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XYL

Xylem

$68.55

0.485 (0.71%)

, AQUA

Evoqua Water

$20.71

(0.00%)

04:55
07/14/18
07/14
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04:55
Conference/Events
RBC Capital to hold a field trip »

Asia Water Sector Field…

XYL

Xylem

$68.55

0.485 (0.71%)

AQUA

Evoqua Water

$20.71

(0.00%)

DHR

Danaher

$99.25

-0.4 (-0.40%)

PNR

Pentair

$43.53

0.67 (1.56%)

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HJLI

Hancock Jaffe Laboratories

$3.20

-0.025 (-0.78%)

18:20
07/13/18
07/13
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Hancock Jaffe Laboratories names Bob Rankin as CFO, effective July 16 »

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CKH

Seacor

$53.63

0.69 (1.30%)

, LPG

Dorian LPG

$7.92

0.115 (1.47%)

18:16
07/13/18
07/13
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18:16
Hot Stocks
Seacor favors combination of Dorian LPG and BW LPG Limited »

Seacor (CKH) announced…

CKH

Seacor

$53.63

0.69 (1.30%)

LPG

Dorian LPG

$7.92

0.115 (1.47%)

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  • 01

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ZTCOY

ZTE Corp.

$0.00

(0.00%)

17:53
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07/13
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Senator Rubio says ZTE 'should be put out of business' »

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  • 10

    Sep

TEVA

Teva

$23.29

-0.45 (-1.90%)

, NVS

Novartis

$78.78

-0.15 (-0.19%)

17:47
07/13/18
07/13
17:47
07/13/18
17:47
Hot Stocks
FDA announces voluntary recall of several medicines containing valsartan »

The U.S. Food and Drug…

TEVA

Teva

$23.29

-0.45 (-1.90%)

NVS

Novartis

$78.78

-0.15 (-0.19%)

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  • 10

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SKY

Skyline

$32.54

-0.13 (-0.40%)

17:26
07/13/18
07/13
17:26
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17:26
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Breaking Syndicate news story on Skyline »

Skyline files to sell…

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