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TWTR

Twitter

$45.26

1.41 (3.22%)

20:45
07/12/18
07/12
20:45
07/12/18
20:45

Top Twitter users lose about 2% of followers after policy update, Reuters says

Twitter's 100 most popular users saw their follower base shrink by about 2% on average after the company implemented policies that suspended accounts suspected of fraud, Reuters reports, citing social media data firm Keyhole. The report adds that the locked accounts have already been discounted in Twitter's daily and monthly active user metrics. Twitter's own "@Twitter" account lost 12.4% of followers - the most among the top 100 most followed users. Reference Link

  • 17

    Jul

  • 27

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TWTR Twitter
$45.26

1.41 (3.22%)

07/11/18
07/11/18
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. MCDONALD'S CUT TO NEUTRAL: Cleveland Research analyst Steven Gojak downgraded McDonald's (MCD) to Neutral from Buy after his industry checks led him to believe that its comparable sale results in the second half will trend more in-line with consensus expectations. Gojak, who is still modeling Q2 U.S. comp sales growth of 3.7% for McDonald's, which is above the 3.1% consensus growth view, lowered his 2018 U.S. comp estimate to 3.2% from 3.4%, compared to the consensus of 3.1% growth. McDonald's is down 1% in midday trading. NOMURA INITIATES INTERNET SECTOR: Nomura Instinet initiated coverage on the Americas Internet sector. Nomura Instinet initiated Alphabet Class A (GOOGL), Facebook (FB), and Spotify (SPOT) with Buy ratings, and added that Alphabet and Facebook were the best positioned in this newly regulated industry. It initiated Twitter (TWTR) with a Reduce rating, saying that while it is a "stable long-term asset that has something for everyone," the firm believes the market is pricing in "a significant advertising reacceleration that implies a shift in ad spend," while the firm expects "stability instead of a reacceleration of growth." CREDIT SUISSE POSITIVE ON VERIZON, NEGATIVE ON AT&T: Credit Suisse analyst Douglas Mitchelson initiated Verizon (VZ) with an Outperform rating and a price target of $58. The analyst believes Verizon should benefit from its "major $10B cost savings plan, stable capex spending, record low churn, and the benefit of tax reform." Mitchelson also initiated AT&T (T) with an Underperform rating and a price target of $29. Mitchelson said that AT&T will require greater scale and a shift to global direct-to-consumer distribution, stating that the elevated execution risk under its ownership structure and its wireless business look mature with little chance for stabilization in spite of the coming 5G technology. DISNEY VALUATION NOT COMPELLING: Credit Suisse analyst Douglas Mitchelson initiated Disney (DIS) with a Neutral rating and a price target of $114. The analyst noted that the company is "the best positioned traditional media company", but believes the Street has not sufficiently discounted the costs associated with Disney's push into direct-to-consumer streaming services, adding that FY19 will be extra challenging because of high film comps and major theme park project launches.
07/12/18
GSCO
07/12/18
NO CHANGE
Target $55
GSCO
Buy
Twitter price target raised to $55 from $40 at Goldman Sachs
Goldman Sachs analyst Heath Terry raised his price target on Twitter to $55 and kept his Buy rating, saying that despite the run-up in the stock price year-to-date, consensus expectation on the company continue to underestimate its drive to increase and better monetize user engagement. Terry further notes that the company is also showing significant operating expense leverage, while adding that advertiser checks and 3rd party traffic data checks do not suggest that Twitter's information quality initiative of recent days had much impact on engagement and will actually be "net positive". The analyst contends that despite trading at a higher valuation on enterprise value to expected FY19 EBITDA, its growth rate justifies the premium.
07/12/18
MKMP
07/12/18
NO CHANGE
Target $43
MKMP
Buy
Twitter's improvement in AI is 'important', says MKM Partners
MKM Partners analyst Rob Sanderson kept his Buy rating and $43 price target on Twitter, saying that despite the 6% pullback in the stock price this week, suspending accounts of "bad actors" and addressing "rampant bot use on the network" is a positive. The analyst notes that while the information quality efforts have been ongoing for some time, they are now showing positive results, adding the commentary from the company's CFO also suggests "limited impact" to reporting metrics from those measures. Sanderson further states that Twitter's use of Machine Learning and AI are important in making the network content more safe, authentic, and relevant while addressing its perception of being too cluttered and hard to use in the mass market.
07/12/18
07/12/18
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. UBS CUTS NETFLIX TO NEUTRAL: UBS analyst Eric Sheridan downgraded Netflix (NFLX) to Neutral while raising his price target for the shares to $425 from $375. The stock has appreciated 35% since the Q1 earnings report and 117% year-to-date, Sheridan told investors in a research note. The analyst said he believes the shares already reflect a 40 times GAAP EBITDA multiple on 2022 estimates. In addition to valuation, Sheridan does not see the "pronounced upside" to Monday's Q2 results relative to prior quarters. B RILEY FBR ALSO CAUTIOUS ON NETFLIX: Searches for new Netflix shows slowed to flattish versus the year-ago period, and year-over-year growth in global searches for the term "Netflix" also slowed somewhat, B. Riley FBR analyst Barton Crockett told investors in a research note. Amid heightened expectations, the analyst finds the flattish search volume as "potentially cautionary." The analyst reiterated a Neutral rating on Netflix with a $313 price target. After the cautious notes, Netflix is down almost 2% in late morning trading. GOLDMAN SACHS RAISES TWITTER TARGET: Goldman Sachs analyst Heath Terry raised his price target on Twitter (TWTR) to $55 and kept his Buy rating, saying that despite the run-up in the stock price year-to-date, consensus expectation on the company continue to underestimate its drive to increase and better monetize user engagement. The analyst contended that despite trading at a higher valuation on enterprise value to expected FY19 EBITDA, its growth rate justifies the premium. BROADCOM DOWNGRADED FOLLOWING CA DEAL: B. Riley FBR analyst Craig Ellis downgraded Broadcom (AVGO) to Neutral and lowered his price target for the shares to $245 from $308 following the company's acquisition of CA Technologies (CA). The deal adds strategic and operational uncertainty, Ellis tells investors in a research note. RBC Capital analyst Amit Daryanani also downgraded Broadcom, to Outperform from Top Pick, and lowered his price target to $300 from $330 after its acquisition of CA Technologies. The analyst noted that the deal places Broadcom "in the penalty box from a valuation expansion perspective", stating that while it offers "strong accretion" and provides a "foundation to perhaps scale its model beyond traditional semiconductor sector", it is also entering a market where it has limited history, likely tempering investor optimism on the stock going forward. Broadcom shares were also downgraded by analysts at Longbow, Macquarie and B. Riley FBR following last night's deal announcement.

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$279.95

-1.09 (-0.39%)

16:58
07/19/18
07/19
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16:58
Hot Stocks
Trump to invite Putin to White House for fall visit »

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S&P 500

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SPY

SPDR S&P 500 ETF Trust

$279.95

-1.09 (-0.39%)

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DFS

Discover

$71.52

-0.57 (-0.79%)

16:56
07/19/18
07/19
16:56
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16:56
Hot Stocks
Discover announces new $3B share repurchase plan, raises dividend to 40c »

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DFS

Discover

$71.52

-0.57 (-0.79%)

16:55
07/19/18
07/19
16:55
07/19/18
16:55
Hot Stocks
Breaking Hot Stocks news story on Discover »

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16:55
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Conference/Events
Stephens business services analyst to hold a dinner meeting »

Business Services Analyst…

WAL

Western Alliance

$58.12

-0.35 (-0.60%)

16:52
07/19/18
07/19
16:52
07/19/18
16:52
Earnings
Western Alliance reports Q2 EPS 99c, consensus 98c »

Reports Q2: net interest…

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JAZZ

Jazz Pharmaceuticals

$177.06

1.12 (0.64%)

16:47
07/19/18
07/19
16:47
07/19/18
16:47
Hot Stocks
JCO publishes pivotal Phase 3 data for Jazz Pharmaceuticals' Vyxeos »

Jazz Pharmaceuticals…

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ISRG

Intuitive Surgical

$521.30

-6.37 (-1.21%)

16:47
07/19/18
07/19
16:47
07/19/18
16:47
Hot Stocks
Intuitive Surgical says U.S. showed particular strength »

Says added surgical…

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NAVB

Navidea

$0.21

-0.0011 (-0.51%)

16:45
07/19/18
07/19
16:45
07/19/18
16:45
Conference/Events
Navidea to host business news update conference call »

President & CEO and…

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  • 19

    Jul

NGVT

Ingevity

$90.05

0.07 (0.08%)

16:42
07/19/18
07/19
16:42
07/19/18
16:42
Hot Stocks
Ingevity files suit against BASF for infringing on canister systems patent »

Ingevity has taken…

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PTCT

PTC Therapeutics

$36.61

1.59 (4.54%)

16:40
07/19/18
07/19
16:40
07/19/18
16:40
Hot Stocks
Breaking Hot Stocks news story on PTC Therapeutics »

PTC Therapeutics trading…

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AEHR

Aehr Test Systems

$2.81

0.13 (4.85%)

16:38
07/19/18
07/19
16:38
07/19/18
16:38
Earnings
Aehr Test Systems reports Q4 EPS 2c vs. (3c) in Q417 »

Reports Q4 revenue…

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  • 19

    Jul

BANF

BancFirst

$62.05

0.2 (0.32%)

16:35
07/19/18
07/19
16:35
07/19/18
16:35
Earnings
BancFirst reports Q2 EPS 91c, consensus 85c »

Reports Q2 loan loss…

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ENFC

Entegra Financial

$30.15

0.05 (0.17%)

16:34
07/19/18
07/19
16:34
07/19/18
16:34
Earnings
Entegra Financial reports Q2 core EPS 53c, consensus 56c »

Net interest income…

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  • 20

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GBCI

Glacier Bancorp

$40.38

0.12 (0.30%)

16:33
07/19/18
07/19
16:33
07/19/18
16:33
Earnings
Glacier Bancorp reports Q2 EPS 52c, consensus 53c »

The current quarter…

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  • 20

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STXB

Spirit of Texas Bancshares

$20.45

0.12 (0.59%)

16:33
07/19/18
07/19
16:33
07/19/18
16:33
Hot Stocks
Spirit of Texas Bancshares to acquire Comanche National Corporation »

Spirit of Texas…

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  • 25

    Jul

DATA

Tableau

$110.44

-0.76 (-0.68%)

16:32
07/19/18
07/19
16:32
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16:32
Hot Stocks
Tableau names Damon Fletcher as CFO »

Tableau Software…

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DAL

Delta Air Lines

$53.00

0.19 (0.36%)

16:31
07/19/18
07/19
16:31
07/19/18
16:31
Hot Stocks
Delta Air Lines, WestJet to create new transborder joint venture »

Delta Air Lines (NYSE:…

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16:30
07/19/18
07/19
16:30
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16:30
Options
Preliminary option volume of 18.4M today »

Preliminary option volume…

FIVE

Five Below

$107.80

0.93 (0.87%)

16:29
07/19/18
07/19
16:29
07/19/18
16:29
Hot Stocks
Five Below chairman Thomas Vellios sells over $6.1M in company shares »

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FAM

First American

$10.06

-0.015 (-0.15%)

16:28
07/19/18
07/19
16:28
07/19/18
16:28
Hot Stocks
First American lowers monthly dividend to 7c from 7.5c per share »

The distribution will be…

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CE

Celanese

$109.84

-1.17 (-1.05%)

16:27
07/19/18
07/19
16:27
07/19/18
16:27
Earnings
Celanese sees FY18 adjusted EPS $10.50-$10.75, consensus $9.64 »

Sees FY18 free cash flow…

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  • 20

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CE

Celanese

$109.84

-1.17 (-1.05%)

16:26
07/19/18
07/19
16:26
07/19/18
16:26
Earnings
Celanese reports Q2 adjusted EPS $2.90, consensus $2.45 »

Reports Q2 revenue…

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  • 20

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EGP

EastGroup Properties

$95.77

1 (1.06%)

16:25
07/19/18
07/19
16:25
07/19/18
16:25
Earnings
Breaking Earnings news story on EastGroup Properties »

EastGroup Properties sees…

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  • 20

    Jul

CMCSA

Comcast

$34.91

0.88 (2.59%)

, FOXA

21st Century Fox

$46.55

-0.14 (-0.30%)

16:25
07/19/18
07/19
16:25
07/19/18
16:25
General news
Fly Intel: Wall Street's top stories for Thursday »

Stocks opened lower and…

CMCSA

Comcast

$34.91

0.88 (2.59%)

FOXA

21st Century Fox

$46.55

-0.14 (-0.30%)

DIS

Disney

$112.14

1.43 (1.29%)

CMCSK

Comcast

$0.00

(0.00%)

FOX

21st Century Fox

$46.19

-0.15 (-0.32%)

MSFT

Microsoft

$104.70

-0.38 (-0.36%)

SKYAY

Sky

$0.00

(0.00%)

IBM

IBM

$149.25

4.81 (3.33%)

AXP

American Express

$100.16

-2.82 (-2.74%)

EBAY

eBay

$34.11

-3.84 (-10.12%)

DM

Dominion Midstream

$16.75

3.1 (22.71%)

TCP

TC PipeLines

$35.22

7.55 (27.29%)

MRSN

Mersana Therapeutics

$11.24

-5.275 (-31.95%)

AA

Alcoa

$41.68

-6.22 (-12.99%)

03/08/13
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  • 04

    Sep

SKX

Skechers

$33.24

0.61 (1.87%)

16:23
07/19/18
07/19
16:23
07/19/18
16:23
Hot Stocks
Breaking Hot Stocks news story on Skechers »

Skechers plunges 21.2%…

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  • 19

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