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NVDA

Nvidia

$253.25

4.04 (1.62%)

, DDAIF

Daimler AG

$0.00

(0.00%)

18:03
07/10/18
07/10
18:03
07/10/18
18:03

Nvidia AI platform selected by Daimler and Bosch for drverless car development

In their alliance to put highly automated and driverless vehicles on urban streets, Bosch and Daimler (DDAIF) have specified the computing power needed for their prospective system. The two companies have selected and signed an agreement with the U.S. AI computing company Nvidia (NVDA) as a supplier for the artificial intelligence platform they need. AI is an important building block in fully automated and driverless vehicles' network of several individual ECUs (Electronic control units). Under this contract, Nvidia will provide its Drive Pegasus platform powered by high performance AI automotive processors along with system software that will process the vehicle-driving algorithms generated by Bosch and Daimler using machine-learning methods. As a result, the ECU network will reach a computing capacity of hundreds of trillion operations per second.

NVDA

Nvidia

$253.25

4.04 (1.62%)

DDAIF

Daimler AG

$0.00

(0.00%)

  • 10

    Jul

  • 10

    Jul

  • 12

    Jul

NVDA Nvidia
$253.25

4.04 (1.62%)

06/26/18
BOFA
06/26/18
NO CHANGE
BOFA
Data on world's top supercomputers positive for Nvidia, says BofA/Merrill
BofA Merrill Lynch analyst Vivek Arya said new data on the world's top supercomputers is positive for Nvidia (NVDA), noting that accelerator adoption grew 21% year-over-year and Nvidia's share jumped 800 bps year-over-year to 89%. Supercomputing is quickly becoming a critical national resource, which is very positive for the "arms-dealers" like Nvidia, AMD (AMD), Intel (INTC) and Cavium (CAVM), which is being bought by Marvell (MRVL), added Arya.
06/26/18
06/26/18
INITIATION
Target $280

Buy
Nvidia initiated with a Buy rating and $280 price target at Benchmark
As previously reported, Benchmark analyst Mike Burton initiated Nvidia with a Buy rating and $280 price target, stating that he thinks potential downside from cryptocurrency mining exposure is relatively contained while demand will be driven by sustainable growth in its core markets in the data center and the upcoming product cycle for Volta GPUs.
06/26/18
FBNS
06/26/18
INITIATION
Target $300
FBNS
Outperform
Nvidia initiated with an Outperform at FBN Securities
FBN Securities initiated Nvidia with an Outperform and $300 price target.
06/27/18
RAJA
06/27/18
NO CHANGE
RAJA
Outperform
Nvidia's new graphics cycle sets up strong second half, says Raymond James
Raymond James analyst Chris Caso said his mid-quarter checks with Nvidia's channel partners left him feeling "very comfortable" with his second half estimates for both its Gaming and Datacenter businesses. Based on his checks, he now expects an announcement likely in late October about Nvidia's new consumer GPU, which he sees setting the company up for a strong second half, he tells investors. Caso keeps an Outperform rating on Nvidia.
DDAIF Daimler AG
$0.00

(0.00%)

07/05/18
JEFF
07/05/18
UPGRADE
JEFF
Hold
Daimler AG upgraded to Hold from Underperform at Jefferies
Jefferies analyst Philippe Houchois upgraded Daimler AG to Hold while lowering his price target for the shares to EUR 58 from EUR 60. The analyst believes the shares at current levels are already pricing in concerns about lower margins versus peers, risks to the dividend, and a sub-optimal approach to separating cars and trucks.
07/05/18
JEFF
07/05/18
UPGRADE
Target $23
JEFF
Buy
Jefferies upgrades Fiat Chrysler to Buy on valuation
Jefferies analyst Philippe Houchois upgraded Fiat Chrysler (FCAU) to Buy from Hold while lowering his price target for the shares to $23 from $26. The analyst this morning also upgraded Daimler AG (DDAIF) to Hold from Underperform. The analyst cites valuation for both upgrades. The recent selloff in Fiat Chrysler looks "severe" given the likelihood of increasing margins, the 24% free cash flow yield, and the potential for corporate change, Houchois tells investors in a research note.
07/05/18
MZHO
07/05/18
NO CHANGE
MZHO
June Class 8 truck orders rose 'astounding' 133% year-over-year, says Mizuho
June Class 8 truck orders didn't just beat estimates, the actual number "made everyone look silly," Mizuho analyst Kristine Kubacki tells investors in a research note. Class 8 orders surged to 42,200 units in June, up an "astonishing" 133% year-over-year, Kubacki writes. The number handily beat the 30,000 mid-point of her estimate. Publicly traded truck makers and suppliers include Daimler AG (DDAIF), Paccar (PCAR), CNH Industrial (CNHI), Navistar (NAV), Cummins (CMI) and Allison Transmission (ALSN). :theflyo
07/05/18
07/05/18
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. Fiat Chrysler (FCAU) upgraded to Buy from Hold and Daimler AG (DDAIF) upgraded to Hold from Underperform at Jefferies with analyst Philippe Houchois citing valuation. 2. Danone (DANOY) upgraded to Outperform from Sector Perform at RBC Capital with analyst James Jones saying he now has less "punitive" assumptions about the company's sales growth and capital expenditures as its profits have become less reliant on dairy. 3. Hexcel (HXL) upgraded to Buy from Hold at Canaccord with analyst Ken Herbert stating he believes the acceleration in growth expected in 2018 will continue into 2019. 4. Qorvo (QRVO) upgraded to Overweight from Sector Weight at KeyBanc with analyst Michael McConnell citing healthy China smartphone trends, stabilizing Apple (AAPL) iPhone demand, and greater than expected market share gains in China smartphones. 5. Advanced Energy (AEIS) upgraded to Outperform from Market Perform at Raymond James with analyst Pavel Molchanov saying the company's 9% free cash flow yield has turned the shares into an appealing deep value story, despite slowing organic growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

ECOR

ElectroCore

$14.49

-0.51 (-3.40%)

07:25
07/17/18
07/17
07:25
07/17/18
07:25
Initiation
ElectroCore initiated  »

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FTI

TechnipFMC

$30.58

-0.36 (-1.16%)

07:24
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07/17
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07:24
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  • 26

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QTS

QTS Realty Trust

$40.90

-0.05 (-0.12%)

07:23
07/17/18
07/17
07:23
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07:23
Initiation
QTS Realty Trust initiated  »

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  • 26

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BA

Boeing

$356.01

5.2 (1.48%)

07:22
07/17/18
07/17
07:22
07/17/18
07:22
Hot Stocks
Boeing signs integrated services agreement with Blackshape »

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03/08/13
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  • 25

    Jul

NFLX

Netflix

$400.24

4.32 (1.09%)

07:22
07/17/18
07/17
07:22
07/17/18
07:22
Recommendations
Netflix analyst commentary  »

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NFLX

Netflix

$400.24

4.32 (1.09%)

07:22
07/17/18
07/17
07:22
07/17/18
07:22
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Netflix analyst commentary  »

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INXN

Interxion

$64.05

0.77 (1.22%)

07:21
07/17/18
07/17
07:21
07/17/18
07:21
Initiation
Interxion initiated  »

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  • 02

    Aug

07:20
07/17/18
07/17
07:20
07/17/18
07:20
General news
FX Update: The Dollar remained on a softening tack »

FX Update: The Dollar…

BAESY

BAE Systems

$0.00

(0.00%)

07:19
07/17/18
07/17
07:19
07/17/18
07:19
Periodicals
BAE Systems wants international partners for UK fighter project, Reuters says »

BAE Systems wants to…

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INAP

Internap

$11.31

-0.63 (-5.28%)

07:19
07/17/18
07/17
07:19
07/17/18
07:19
Initiation
Internap initiated  »

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V

Visa

$138.45

-0.91 (-0.65%)

, MA

MasterCard

$204.05

-1.86 (-0.90%)

07:19
07/17/18
07/17
07:19
07/17/18
07:19
Recommendations
Visa, MasterCard analyst commentary  »

Visa price target raised…

V

Visa

$138.45

-0.91 (-0.65%)

MA

MasterCard

$204.05

-1.86 (-0.90%)

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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  • 25

    Jul

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    Jul

FDC

First Data

$22.24

-0.06 (-0.27%)

07:19
07/17/18
07/17
07:19
07/17/18
07:19
Recommendations
First Data analyst commentary  »

First Data price target…

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  • 30

    Jul

EQIX

Equinix

07:17
07/17/18
07/17
07:17
07/17/18
07:17
Initiation
Equinix initiated  »

Equinix resumed with a…

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  • 05

    Aug

MA

MasterCard

$204.05

-1.86 (-0.90%)

07:17
07/17/18
07/17
07:17
07/17/18
07:17
Recommendations
MasterCard analyst commentary  »

MasterCard price target…

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  • 26

    Jul

AUTL

Autolus Therapeutics

$23.00

2.11 (10.10%)

07:16
07/17/18
07/17
07:16
07/17/18
07:16
Initiation
Autolus Therapeutics initiated  »

Autolus Therapeutics…

03/08/13
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AVT

Avnet

07:15
07/17/18
07/17
07:15
07/17/18
07:15
Initiation
Avnet initiated  »

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ARW

Arrow Electronics

$77.09

-0.47 (-0.61%)

07:15
07/17/18
07/17
07:15
07/17/18
07:15
Initiation
Arrow Electronics initiated  »

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QURE

uniQure

$35.08

-4.41 (-11.17%)

, PFE

Pfizer

$37.39

-0.14 (-0.37%)

07:15
07/17/18
07/17
07:15
07/17/18
07:15
Recommendations
uniQure, Pfizer analyst commentary  »

uniQure pullback on…

QURE

uniQure

$35.08

-4.41 (-11.17%)

PFE

Pfizer

$37.39

-0.14 (-0.37%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 22

    Aug

  • 10

    Sep

AMBA

Ambarella

$37.58

-0.32 (-0.84%)

07:14
07/17/18
07/17
07:14
07/17/18
07:14
Initiation
Ambarella initiated  »

Ambarella initiated with…

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BF.B

Brown-Forman, also tag with BFA, BFB

$51.18

0.14 (0.27%)

, BFA

Brown-Forman, also tag with BF.A, BF.B

$0.00

(0.00%)

07:13
07/17/18
07/17
07:13
07/17/18
07:13
Upgrade
Brown-Forman, also tag with BFA, BFB, Brown-Forman, also tag with BF.A, BF.B, Brown-Forman, also tag with BF.A, BF.B rating change  »

Brown-Forman upgraded to…

BF.B

Brown-Forman, also tag with BFA, BFB

$51.18

0.14 (0.27%)

BFA

Brown-Forman, also tag with BF.A, BF.B

$0.00

(0.00%)

BFB

Brown-Forman, also tag with BF.A, BF.B

$0.00

(0.00%)

03/08/13
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FB

Facebook

$207.33

(0.00%)

07:13
07/17/18
07/17
07:13
07/17/18
07:13
Periodicals
Facebook uses 'shielded review' process for popular pages, The Guardian reports »

Leading far-right…

03/08/13
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  • 17

    Jul

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  • 18

    Sep

CHUY

Chuy's

07:11
07/17/18
07/17
07:11
07/17/18
07:11
Downgrade
Chuy's rating change  »

Chuy's downgraded to…

03/08/13
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  • 02

    Aug

DLR

Digital Realty

$115.64

-0.66 (-0.57%)

07:11
07/17/18
07/17
07:11
07/17/18
07:11
Initiation
Digital Realty initiated  »

Digital Realty resumed…

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  • 26

    Jul

NFLX

Netflix

$400.24

4.32 (1.09%)

07:10
07/17/18
07/17
07:10
07/17/18
07:10
Recommendations
Netflix analyst commentary  »

Netflix valuation remains…

03/08/13
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BLMN

Bloomin' Brands

$20.72

-0.36 (-1.71%)

07:09
07/17/18
07/17
07:09
07/17/18
07:09
Upgrade
Bloomin' Brands rating change  »

Bloomin' Brands…

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  • 30

    Jul

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