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TSLA

Tesla

$341.97

-6.27 (-1.80%)

06:58
08/07/18
08/07
06:58
08/07/18
06:58

Tesla begins hiring for $2B Shanghai plant, Reuters reports

Tesla has started hiring for its new $2B factory in Shanghai, according to Reuters, citing company job postings. This comes just a month after Tesla's deal with local authorities to approve the factory. Tesla's website says it is looking to fill 14 roles including architectural designer and senior finance manager. Most of the positions are senior level and require at least six years of experience.Reference Link

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TSLA Tesla
$341.97

-6.27 (-1.80%)

08/03/18
ADAM
08/03/18
INITIATION
Target $336
ADAM
Hold
Tesla initiated with a Hold at Canaccord
Canaccord analyst Jed Dorsheimer initiated Tesla with a Hold rating as he sees several risks around the company's financing, cash burn, and general maturity in the industry. Catalysts that could de-risk the shares include shifts in corporate governance, consistent production, and "a CEO who is not working 120 hours per week to hold things together," said Dorsheimer, who set a $336 price target on Tesla shares.
08/03/18
08/03/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tesla (TSLA) initiated with a Hold at Canaccord. 2. Universal Forest (UFPI) initiated with a Buy at Seaport Global. 3. Zafgen (ZFGN) initiated with an Outperform at Wedbush. 4. Entera Bio (ENTX) initiated with a Buy at Maxim. 5. Huya initiated with a Neutral at Goldman Sachs. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/03/18
08/03/18
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. ALLERGAN UPGRADED TO BUY: Mizuho analyst Irina Koffler upgraded Allergan (AGN) to Buy from Neutral and raised her price target for the shares to $210 from $194. The analyst views Allergan's risk/reward more favorably following the company's "strong" beat and raise quarter and the delayed introduction of Restasis generics. Allergan is up 1.2% in late morning trading. NEEDHAM UPS TRIPADVISOR TO HOLD: Needham analyst Laura Martin upgraded TripAdvisor (TRIP) to Hold from Underperform, saying that while the company's pivot to competing as an online travel agent has failed, its focus to grow its non-hotel businesses is a "higher ROI idea". FLOOR & DECOR DOWNGRADED AT JPMORGAN, PIPER: JPMorgan analyst Christopher Horvers downgraded Floor & Decor (FND) to Neutral from Overweight and lowered his price target for the shares to $45 from $59. The "story shift" taking place is likely to keep the shares in "purgatory," Horvers said following the company's Q2 results. Piper Jaffray analyst Peter Keith also downgraded Floor & Decor to Neutral and lowered his price target for the shares to $39 from $58. The analyst admitted his June upgrade of the stock was wrong following Floor & Decor's Q2 miss and guide down. Floor & Decor is down 6.4% in late morning trading. LUNA CUT TO MARKET PERFORM AT NORTHLAND: Northland analyst Tim Savageaux downgraded Luna Innovations (LUNA) to Market Perform from Outperform as he sees the shares reflecting the value of the "well executed" sale of the Opto Solutions unit at current levels. CANACCORD INITIATES TESLA WITH A HOLD: Canaccord analyst Jed Dorsheimer initiated Tesla (TSLA) with a Hold rating as he sees several risks around the company's financing, cash burn, and general maturity in the industry. Catalysts that could de-risk the shares include shifts in corporate governance, consistent production, and "a CEO who is not working 120 hours per week to hold things together," said Dorsheimer, who set a $336 price target on Tesla shares. BWS SAYS ARLO IPO ESTABLISHES VALUATION CASE FOR NETGEAR: BWS Financial analyst Hamed Khorsand said the pricing of Arlo Technologies' (ARLO) IPO establishes a valuation case for Netgear (NTGR). The analyst believes the IPO pricing gives some context to what Netgear's stake is worth and affirms his sum-of-parts reasoning for owning Netgear shares. He kept a Buy rating on the stock with a $64.50 price target.
08/06/18
MSCO
08/06/18
NO CHANGE
MSCO
Boeing, Tesla, Nvidia make Morgan Stanley 'key man risk' list
Morgan Stanley equity strategist Mark Savino noted that about 12% of CEO jobs among S&P 500 companies turned over in 2017, noting that this was the highest level of CEO departures since before the financial crisis. The 59 stocks of S&P 500 companies that had CEOs depart in 2017 underperformed the market by 11% over the next 12 months, or since the departure for instances that were less than 12 months ago, noted Savino. In cooperation with the firm's U.S. analysts, Savino and his team identified the companies in each sector they believe face the greatest level of "key man risk," which includes: Boeing (BA), Tesla (TSLA), ADT Inc. (ADT), Moody's (MCO), TransUnion (TRU), Arista Networks (ANET), Church & Dwight (CHD), Coca-Cola (KO), Monster Beverage (MNST), Coupa Software (COUP), Salesforce (CRM), FireEye (FEYE), MongoDB (MDB), Microsoft (MSFT), New Relic (NEWR), XPO Logistics (XPO), Hilton (HLT), Las Vegas Sands (LVS), Best Buy (BBY), Ulta (ULTA), Aflac (AFL), Athene Holding (ATH), Lincoln National (LNC), Arthur J. Gallagher (AJG), Chubb (CB), Amazon.com (AMZN), Activision Blizzard (ATVI), Facebook (FB), Alphabet (GOOGL), Apple (AAPL), Terex (TEX), Cleveland-Cliffs (CLF), Freeport McMoRan (FCX), FleetCor (FLT), Global Payments (GPN), Square (SQ), Jazz Pharmaceuticals (JAZZ), Cheesecake Factory (CAKE), Broadcom (AVGO), Nvidia (NVDA), Chegg (CHGG), DXC Technology (DXC), Medidata (MDSO), Pluralsight (PS), RealPage (RP), Shopify (SHOP) and T-Mobile (TMUS).

TODAY'S FREE FLY STORIES

MNK

Mallinckrodt

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-0.17 (-0.55%)

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EYE

National Vision

$41.79

0.72 (1.75%)

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National Vision files to sell 12.5M shares of common stock for holders »

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PPG

PPG

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Mondelez

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MDLZ

Mondelez

$43.76

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GE

General Electric

$8.34

-0.265 (-3.08%)

SYY

Sysco

$66.47

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PG

Procter & Gamble

$93.50

0.03 (0.03%)

BK

BNY Mellon

$48.25

0.05 (0.10%)

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WPM

Wheaton Precious Metals

$15.97

0.25 (1.59%)

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Wheaton Precious Metals sees 2018 gold production 355K ounces »

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TER

Teradyne

$34.90

0.88 (2.59%)

17:05
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Teradyne to transfer stock listing to Nasdaq from NYSE »

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ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

17:05
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Atlantic Capital announces $85M stock repurchase plan »

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  • 06

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FBK

FB Financial

$37.72

-0.65 (-1.69%)

, ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

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FB Financial acquires branches from Atlantic Capital Bank »

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FBK

FB Financial

$37.72

-0.65 (-1.69%)

ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

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WPM

Wheaton Precious Metals

$15.97

0.25 (1.59%)

17:04
11/14/18
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17:04
Earnings
Wheaton Precious Metals reports Q3 adjusted EPS 8c, consensus 10c »

Reports Q3 revenue $186M,…

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  • 15

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ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:03
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Hot Stocks
ZTO Express announces up to $500M share repurchase program »

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ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:03
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17:03
Earnings
ZTO Express sees Q4 adjusted net income RMB1.2B-RMB1.3B »

Sees Q4 parcel volume up…

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ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:02
11/14/18
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17:02
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17:02
Earnings
ZTO Express reports Q3 earnings per ADS RMB1.35 vs RMB1.00 last year »

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AVYA

Avaya

$15.75

-0.09 (-0.57%)

17:01
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Hot Stocks
Avaya announces $15M warrant repurchase program »

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MTEX

Mannatech

$16.70

(0.00%)

17:00
11/14/18
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Mannatech authorizes $500,000 share repurchase program »

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STT

State Street

$70.34

-0.71 (-1.00%)

, WMB

Williams

$24.75

0.43 (1.77%)

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Appaloosa takes new Apple stake, exits Wells, Ally, UBS in Q3 »

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STT

State Street

$70.34

-0.71 (-1.00%)

WMB

Williams

$24.75

0.43 (1.77%)

AAPL

Apple

$186.81

-5.42 (-2.82%)

WFC

Wells Fargo

$52.15

-0.59 (-1.12%)

ALLY

Ally Financial

$25.40

-0.17 (-0.66%)

UBS

UBS

$13.70

0.055 (0.40%)

KEY

KeyCorp

$18.22

-0.2 (-1.09%)

WDC

Western Digital

$45.06

0.38 (0.85%)

PCG

PG&E

$25.66

-7.04 (-21.53%)

NRG

NRG Energy

$39.03

-0.37 (-0.94%)

VST

Vistra Energy

$23.83

-0.49 (-2.01%)

BYD

Boyd Gaming

$24.62

1 (4.23%)

MU

Micron

$38.03

0.17 (0.45%)

FB

Facebook

$144.25

2.06 (1.45%)

BABA

Alibaba

$150.55

3.72 (2.53%)

AGN

Allergan

$157.71

-4.925 (-3.03%)

GOOG

Alphabet

$1,043.53

7.2 (0.69%)

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KREF

KKR Real Estate Finance

$20.56

-0.06 (-0.29%)

16:53
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Syndicate
KKR Real Estate Finance files to sell 4.5M shares of common stock »

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ORN

Orion Group

$4.60

0.01 (0.22%)

16:52
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Orion Group award dredging contract of approximately $13M »

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WEX

Wex

$157.62

-4.01 (-2.48%)

16:49
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Earnings
Wex sees long term revenue growth of 10%-15% adjusted net income up 15%-20% »

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  • 14

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CASI

Casi Pharmaceuticals

$3.33

0.025 (0.76%)

16:47
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Syndicate
Casi Pharmaceuticals files to sell 9.09M shares of common stock for holders »

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16:46
11/14/18
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General news
API crude inventories for week of November 9 »

API reports that crude…

AJX

Great Ajax

$13.70

0.05 (0.37%)

16:45
11/14/18
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Syndicate
Great Ajax files to sell convertible senior notes due 2024, no amount given »

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16:45
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General news
Breaking General news story  »

Federal Reserve Chairman…

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General news
Breaking General news story  »

Dallas Federal Reserve…

BBT

BB&T

$50.54

-0.53 (-1.04%)

16:44
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Earnings
BB&T sees FY19 revenue growth up 2%-4% »

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ADP

ADP

$142.75

-2.11 (-1.46%)

16:43
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Breaking Hot Stocks news story on ADP »

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LOW

Lowe's

$95.02

-0.61 (-0.64%)

, UTX

United Technologies

$128.89

-0.245 (-0.19%)

16:41
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Hot Stocks
Breaking Hot Stocks news story on Lowe's, United Technologies »

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LOW

Lowe's

$95.02

-0.61 (-0.64%)

UTX

United Technologies

$128.89

-0.245 (-0.19%)

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