Breaking News Instant updates and real-time market news.

Z

Zillow

$58.18

0.6 (1.04%)

07:41
08/07/18
08/07
07:41
08/07/18
07:41

Zillow price target lowered to $56 from $63 at KeyBanc

KeyBanc analyst Brad Erickson lowered his price target for Zillow to $56 from $63 while reiterating an Overweight rating on the shares. The analyst believes the company's lowered guidance and mortgage origination acquisition create significant noise that should hit the stock, but thinks the company remains best positioned to capture more profit from the real estate transaction through added utility as it explores new ways to move down funnel.

Z Zillow
$58.18

0.6 (1.04%)

05/08/18
ADAM
05/08/18
NO CHANGE
Target $60
ADAM
Buy
Zillow price target raised to $60 from $54 at Canaccord
Canaccord analyst Michael Graham raised his price target on Zillow Group to $60 from $54 following Q1 results he called "solid." He said the results reinforced his bullish outlook as management appeared more confident while increasing top-line guidance. He sees several sources for upside, including better pricing in the Premier Agent business and success with the Homes business. Graham reiterated his Buy rating on Zillow shares.
05/08/18
05/08/18
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. Comcast (CMCSA) downgraded to Neutral from Overweight at Atlantic Equities. 2. Zillow (Z, ZG) downgraded to Sector Perform from Outperform at RBC Capital with analyst Mark Mahaney citing the recent stock price appreciation. 3. XL Group (XL) downgraded to Sector Perform from Outperform at RBC Capital with analyst Mark Dwelle saying the company's first quarter earnings did not contain any red flags around the sale of the company to AXA (AXAHY), which is on track to close in late second quarter or in the third quarter. 4. Ionis Pharmaceuticals (IONS) downgraded to In Line from Outperform at Evercore ISI with analyst Josh Schimmer citing the safety concerns around volanesorsen discussed in the latest FDA briefing documents, which also "dismantled the company's claims" that the treatment leads to benefits in pancreatis. 5. Sapiens (SPNS) downgraded to Market Perform from Outperform at William Blair with analyst Justin Furby saying consensus estimates for 2019 could be a "too aggressive." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/18/18
06/18/18
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. Redfin (RDFN) was downgraded to Sell from Neutral at Goldman Sachs while Zillow (Z, ZG) was downgraded to Neutral from Buy. 2. Dun & Bradstreet (DNB) downgraded to Neutral from Outperform at Baird with analyst Jeffrey Meuler saying he believes any potential take-out is already priced into the shares, the current valuation seems to limit potential upside, and the business requires more substantial changes to return it to sustainable organic growth. 3. Hibbett Sports (HIBB) downgraded to Underperform from Buy at BofA/Merrill analyst Rafe Jadrosich saying he expects negative same-store-sales declines in Q4 and continuing through 2020 as Hibbett laps the ecommerce launch and excess inventory clearance. 4. Cheesecake Factory (CAKE) downgraded to Neutral on valuation at BTIG with analyst Peter Saleh citing recent share strength. 5. Intel (INTC) downgraded to Underperform from Market Perform at Northland. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/18
BNCH
08/07/18
NO CHANGE
Target $60
BNCH
Buy
Zillow likely down 20% at open after 'miss and lower' report, says Benchmark
Benchmark analyst Daniel Kurnos said Zillow (ZG) missed quarter results and lowered full-year guidance for "the firm time in recent history," leading him to expect the stock to likely be down about 20% on the open following its Q2 report. However, the fact that is guidance does not include expected revenue from the Mortgage Lenders of America acquisition, as well as international expansion plans, give him some hope that the company is back to being conservative with its outlook, Kurnos tells investors. The analyst, who is optimistic that increased seller leads will help continue to drive IMT EBITDA growth of over 30%, keeps a Buy rating on Zillow but lowered his price target on the stock to $60 from $62.

TODAY'S FREE FLY STORIES

AKAM

Akamai

$78.70

0.13 (0.17%)

, FSLY

Fastly

$17.49

-0.775 (-4.24%)

06:46
06/25/19
06/25
06:46
06/25/19
06:46
Recommendations
Akamai, Fastly, Amazon.com, Verizon analyst commentary  »

CDN Tracker data positive…

AKAM

Akamai

$78.70

0.13 (0.17%)

FSLY

Fastly

$17.49

-0.775 (-4.24%)

AMZN

Amazon.com

$1,913.43

3.01 (0.16%)

VZ

Verizon

$58.28

0.49 (0.85%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jun

  • 26

    Jun

  • 27

    Jun

  • 09

    Jul

  • 10

    Jul

  • 01

    Aug

ABBV

AbbVie

$78.41

-0.37 (-0.47%)

, AGN

Allergan

$129.65

-1.32 (-1.01%)

06:45
06/25/19
06/25
06:45
06/25/19
06:45
Hot Stocks
Breaking Hot Stocks news story on AbbVie, Allergan »

AbbVie to acquire…

ABBV

AbbVie

$78.41

-0.37 (-0.47%)

AGN

Allergan

$129.65

-1.32 (-1.01%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Sep

DLX

Deluxe

$40.14

-0.77 (-1.88%)

06:43
06/25/19
06/25
06:43
06/25/19
06:43
Conference/Events
Deluxe management to meet with Sidoti »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jun

HST

Host Hotels

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
Host Hotels initiated  »

Host Hotels initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PK

Park Hotels & Resorts

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
Park Hotels & Resorts initiated  »

Park Hotels & Resorts…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PEB

Pebblebrook Hotel

$27.31

-1.175 (-4.13%)

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
Pebblebrook Hotel initiated  »

Pebblebrook Hotel…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

APLE

Apple Hospitality REIT

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
Apple Hospitality REIT initiated  »

Apple Hospitality REIT…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RLJ

RLJ Lodging Trust

$17.56

-0.28 (-1.57%)

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
RLJ Lodging Trust initiated  »

RLJ Lodging Trust…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

INN

Summit Hotel Properties

$11.30

-0.14 (-1.22%)

06:39
06/25/19
06/25
06:39
06/25/19
06:39
Initiation
Summit Hotel Properties initiated  »

Summit Hotel Properties …

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FDX

FedEx

$160.88

-4.43 (-2.68%)

06:35
06/25/19
06/25
06:35
06/25/19
06:35
Periodicals
FedEx sues government over enforcement of China export ban, Reuters reports »

FedEx has sued the U.S.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jun

  • 30

    Jul

  • 31

    Jul

  • 13

    Nov

AGN

Allergan

$129.65

-1.32 (-1.01%)

, ABBV

AbbVie

$78.41

-0.37 (-0.47%)

06:33
06/25/19
06/25
06:33
06/25/19
06:33
Periodicals
AbbVie near deal to buy Allergan for $188 per share in cash and stock, WSJ says »

AbbVie (ABBV) is closing…

AGN

Allergan

$129.65

-1.32 (-1.01%)

ABBV

AbbVie

$78.41

-0.37 (-0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Sep

CODX

Co-Diagnostics

$0.74

-0.0295 (-3.86%)

06:33
06/25/19
06/25
06:33
06/25/19
06:33
Hot Stocks
Co-Diagnostics launches Logix Smart ZDC multiplex test »

Co-Diagnostics announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BW

Babcock & Wilcox

$0.41

0.0263 (6.85%)

06:32
06/25/19
06/25
06:32
06/25/19
06:32
Hot Stocks
Babcock & Wilcox sells Loibl to subsidiary of Deutsche Invest Mittelstand »

Babcock & Wilcox…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CR

Crane

$80.55

-0.18 (-0.22%)

, CIR

Circor

$45.77

-0.03 (-0.07%)

06:32
06/25/19
06/25
06:32
06/25/19
06:32
Hot Stocks
Crane refutes Circor's plan, urges shareholders to tender shares »

Crane (CR) filed a…

CR

Crane

$80.55

-0.18 (-0.22%)

CIR

Circor

$45.77

-0.03 (-0.07%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jun

AGN

Allergan

$129.65

-1.32 (-1.01%)

, ABBV

AbbVie

$78.41

-0.37 (-0.47%)

06:28
06/25/19
06/25
06:28
06/25/19
06:28
Periodicals
Breaking Periodicals news story on Allergan, AbbVie »

AbbVie would pay $188 per…

AGN

Allergan

$129.65

-1.32 (-1.01%)

ABBV

AbbVie

$78.41

-0.37 (-0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Sep

AGN

Allergan

$129.65

-1.32 (-1.01%)

, ABBV

AbbVie

$78.41

-0.37 (-0.47%)

06:27
06/25/19
06/25
06:27
06/25/19
06:27
Periodicals
Breaking Periodicals news story on Allergan, AbbVie »

AbbVie near deal to…

AGN

Allergan

$129.65

-1.32 (-1.01%)

ABBV

AbbVie

$78.41

-0.37 (-0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Sep

PT

Pintec Technology

$2.98

-0.13 (-4.18%)

06:27
06/25/19
06/25
06:27
06/25/19
06:27
Hot Stocks
Pintec Technology announces strategic partnership with Bank of Ganzhou »

Pintec Technology inked a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RDY

Dr. Reddy's

$36.08

-0.12 (-0.33%)

06:24
06/25/19
06/25
06:24
06/25/19
06:24
Hot Stocks
Dr. Reddy's launches its Tobramycin Inhalation Solution »

Dr. Reddy's…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JD

JD.com

$28.91

-0.17 (-0.58%)

06:21
06/25/19
06/25
06:21
06/25/19
06:21
Periodicals
JD.com's logistics unit raises $218M investment fund, Reuters reports »

The logistics division of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SHOP

Shopify

$311.63

-15.05 (-4.61%)

06:19
06/25/19
06/25
06:19
06/25/19
06:19
Downgrade
Shopify rating change at Wedbush »

Shopify downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 05

    Sep

CBMG

Cellular Biomedicine

$15.01

(0.00%)

06:19
06/25/19
06/25
06:19
06/25/19
06:19
Initiation
Cellular Biomedicine initiated  »

Cellular Biomedicine…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

INTC

Intel

$47.63

0.17 (0.36%)

06:18
06/25/19
06/25
06:18
06/25/19
06:18
Periodicals
Intel plans to cut desktop processor prices by up to 15%, DigiTimes reports »

Intel is planning to cut…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Jul

  • 25

    Jul

LMT

Lockheed Martin

$359.98

0.555 (0.15%)

06:15
06/25/19
06/25
06:15
06/25/19
06:15
Periodicals
U.S.: Turkey would lose F-35 if Russia arms deal moves forward, Reuters says »

The U.S. cannot allow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NSANY

Nissan

$0.00

(0.00%)

06:12
06/25/19
06/25
06:12
06/25/19
06:12
Periodicals
Nissan overhauls board following disorderly investor meeting, WSJ reports »

Nissan investors voted to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PVTL

Pivotal Software

$11.35

-0.15 (-1.30%)

06:11
06/25/19
06/25
06:11
06/25/19
06:11
Downgrade
Pivotal Software rating change at BofA/Merrill »

Pivotal Software…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 11

    Jul

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.