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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

NTGN

Neon Therapeutics

$8.88

0.56 (6.73%)

14:30
10/21/18
10/21
14:30
10/21/18
14:30
Conference/Events
Neon Therapeutics management to meet with Morgan Stanley »

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GTHX

G1 Therapeutics

$46.88

-0.07 (-0.15%)

14:13
10/21/18
10/21
14:13
10/21/18
14:13
Hot Stocks
G1 presents additional data from randomized Phase 2 trial in first-line SCLC »

G1 Therapeutics announced…

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  • 27

    Nov

NCNA

NuCana

$18.90

1.9 (11.18%)

14:09
10/21/18
10/21
14:09
10/21/18
14:09
Hot Stocks
NuCana reports additional data on NUC-1031 in advanced biliary tract cancer »

NuCana announced combined…

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  • 21

    Oct

LPTX

Leap Therapeutics

$6.44

-0.17 (-2.57%)

, MRK

Merck

$72.34

0.12 (0.17%)

14:05
10/21/18
10/21
14:05
10/21/18
14:05
Hot Stocks
Leap Therapeutics presents esophagogastric cancer data »

Leap Therapeutics (LPTX)…

LPTX

Leap Therapeutics

$6.44

-0.17 (-2.57%)

MRK

Merck

$72.34

0.12 (0.17%)

03/08/13
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  • 23

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    Feb

INCY

Incyte

$66.09

1.66 (2.58%)

14:02
10/21/18
10/21
14:02
10/21/18
14:02
Hot Stocks
Incyte announces positive interim data from Phase 2 trial of Pemigatinib »

Incyte announced updated…

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  • 22

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LOXO

Loxo Oncology

$160.01

-7.58 (-4.52%)

, BAYRY

Bayer

$0.00

(0.00%)

13:58
10/21/18
10/21
13:58
10/21/18
13:58
Hot Stocks
Loxo's larotrectinib delivers 81% ORR in expanded dataset of 109 TRK fusion cancer »

Bayer (BAYRY) and Loxo…

LOXO

Loxo Oncology

$160.01

-7.58 (-4.52%)

BAYRY

Bayer

$0.00

(0.00%)

03/08/13
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  • 21

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LOXO

Loxo Oncology

$160.01

-7.58 (-4.52%)

, BAYRY

Bayer

$0.00

(0.00%)

13:53
10/21/18
10/21
13:53
10/21/18
13:53
Hot Stocks
Loxo announces larotrectinib clinical update in patients with TRK fusion cancers »

Loxo Oncology (LOXO)…

LOXO

Loxo Oncology

$160.01

-7.58 (-4.52%)

BAYRY

Bayer

$0.00

(0.00%)

03/08/13
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03/06/13
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    Nov

MRTX

Mirati Therapeutics

$40.04

-1.82 (-4.35%)

13:45
10/21/18
10/21
13:45
10/21/18
13:45
Hot Stocks
Mirati announces updated data from ongoing trial of single agent sitravatinib »

Mirati Therapeutics…

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  • 21

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    Oct

RHHBY

Roche

$0.00

(0.00%)

13:39
10/21/18
10/21
13:39
10/21/18
13:39
Hot Stocks
Entrectinib shrank tumors in people with NTRK fusion-positive solid tumors »

Genentech, a member of…

03/08/13
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  • 21

    Oct

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    Nov

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    Dec

GILD

Gilead

$73.27

-0.9 (-1.21%)

, GLPG

Galapagos NV

$107.66

2.29 (2.17%)

13:34
10/21/18
10/21
13:34
10/21/18
13:34
Hot Stocks
Gilead, Galapagos NV announced data from Phase 3 FINCH2 trial of filgotinib »

Gilead Sciences (GILD)…

GILD

Gilead

$73.27

-0.9 (-1.21%)

GLPG

Galapagos NV

$107.66

2.29 (2.17%)

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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  • 24

    Oct

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    Nov

BLRX

BioLineRx

$0.98

-0.22 (-18.33%)

, MRK

Merck

$72.34

0.12 (0.17%)

13:27
10/21/18
10/21
13:27
10/21/18
13:27
Hot Stocks
BioLineRx discloses additional data from Phase 2a COMBAT/KEYNOTE-202 study »

BioLineRx (BLRX)…

BLRX

BioLineRx

$0.98

-0.22 (-18.33%)

MRK

Merck

$72.34

0.12 (0.17%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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  • 23

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ADAP

Adaptimmune

$10.79

-0.09 (-0.83%)

13:22
10/21/18
10/21
13:22
10/21/18
13:22
Hot Stocks
Adaptimmune presents updated data from ongoing MAGE-A10, MAGE-A4 studies »

Adaptimmune Therapeutics…

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RHHBY

Roche

$0.00

(0.00%)

13:02
10/21/18
10/21
13:02
10/21/18
13:02
Hot Stocks
Genentech's Tecentriq, Abraxane combo demonstrates positive Phase III results »

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  • 21

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PFE

Pfizer

$44.50

0.48 (1.09%)

12:56
10/21/18
10/21
12:56
10/21/18
12:56
Hot Stocks
Pfizer presents overall survival data from PALOMA-3 trial of Ibrance »

Pfizer announced detailed…

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  • 22

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MRK

Merck

$72.34

0.12 (0.17%)

12:52
10/21/18
10/21
12:52
10/21/18
12:52
Hot Stocks
Merck presents early data for STING agonist in advanced solid tumors/lymphomas »

Merck announced the first…

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  • 23

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    Feb

DVAX

Dynavax

$10.90

-0.47 (-4.13%)

, MRK

Merck

$72.34

0.12 (0.17%)

12:47
10/21/18
10/21
12:47
10/21/18
12:47
Hot Stocks
Dynavax's SD-101, Keytruda combo still shows 70% ORR in Advanced Melanoma »

Dynavax (DVAX) presented…

DVAX

Dynavax

$10.90

-0.47 (-4.13%)

MRK

Merck

$72.34

0.12 (0.17%)

03/08/13
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  • 23

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EXEL

Exelixis

$16.27

-0.25 (-1.51%)

12:44
10/21/18
10/21
12:44
10/21/18
12:44
Hot Stocks
Exelixis announces results from data analysis of CABOSUN, METEOR trials »

Exelixis announced…

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  • 21

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AGEN

Agenus

$1.97

-0.025 (-1.26%)

12:39
10/21/18
10/21
12:39
10/21/18
12:39
Hot Stocks
Agenus presents clinical data on PD-1, CTLA-4 at ESMO 2018 »

Agenus presented updated…

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  • 07

    Nov

OMED

OncoMed

$2.47

-0.17 (-6.44%)

12:37
10/21/18
10/21
12:37
10/21/18
12:37
Hot Stocks
OncoMed announces interim phase 1b results for Navicixizumab, Paclitaxel combo »

OncoMed Pharmaceuticals…

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IMGN

ImmunoGen

$7.44

-0.355 (-4.56%)

, MRK

Merck

$72.34

0.12 (0.17%)

12:34
10/21/18
10/21
12:34
10/21/18
12:34
Hot Stocks
ImmunoGen presents initial data from FORWARD II expansion cohort »

ImmunoGen (IMGN)…

IMGN

ImmunoGen

$7.44

-0.355 (-4.56%)

MRK

Merck

$72.34

0.12 (0.17%)

03/08/13
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    Feb

BMY

Bristol-Myers

$54.31

-1.7 (-3.04%)

12:30
10/21/18
10/21
12:30
10/21/18
12:30
Hot Stocks
Opdivo, Yervoy combo shows promising results in advanced form of bladder cancer »

Bristol-Myers Squibb…

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MRK

Merck

$72.34

0.12 (0.17%)

12:26
10/21/18
10/21
12:26
10/21/18
12:26
Hot Stocks
Merck's Keytruda shows complete response rate of nearly 40% in high-risk NMIBC »

Merck announced the first…

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    Feb

TSRO

Tesaro

$41.81

-1.19 (-2.77%)

12:18
10/21/18
10/21
12:18
10/21/18
12:18
Hot Stocks
Tesaro presents Phase 1 GARNET data of TSR-042 in MSI-H endometrial cancer »

Tesaro summarized updated…

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  • 01

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    Nov

UDR

UDR, Inc.

09:37
10/21/18
10/21
09:37
10/21/18
09:37
Downgrade
UDR, Inc. rating change at Evercore ISI »

UDR, Inc. downgraded to…

03/08/13
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  • 30

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    Nov

AVB

AvalonBay

$178.01

1.725 (0.98%)

09:37
10/21/18
10/21
09:37
10/21/18
09:37
Downgrade
AvalonBay rating change  »

AvalonBay downgraded to…

03/08/13
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03/06/13
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03/06/13
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  • 30

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