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CROX

Crocs

$17.15

-0.96 (-5.30%)

, AMZN

Amazon.com

$1,856.21

8.46 (0.46%)

09:53
08/07/18
08/07
09:53
08/07/18
09:53

Crocs announces resignation of CFO Carrie Teffner, effective April 1, 2019

Earlier, Carrie Teffner, Executive Vice President and CFO, has announced her intention to resign from Crocs (CROX) effective April 1, 2019 to pursue strategic board and advisory work. Anne Mehlman has been named Teffner's successor and will assume the Executive Vice President and CFO role effective August 24, 2018. Upon Mehlman's arrival, and to ensure a seamless transition, Teffner will transition into the role of Executive Vice President Finance and Strategic Projects. Mehlman will join Crocs from Zappos.com, Inc., an online shoe retailer owned by Amazon (AMZN), where she is CFO.

CROX

Crocs

$17.15

-0.96 (-5.30%)

AMZN

Amazon.com

$1,856.21

8.46 (0.46%)

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CROX Crocs
$17.15

-0.96 (-5.30%)

05/09/18
05/09/18
DOWNGRADE
Target $17

Hold
Crocs downgraded to Hold with $17 price target at Stifel
As previously reported, Stifel analyst Jim Duffy downgraded Crocs to Hold from Buy as he believes the stock has "adequately" re-rated to discount FY19 earnings power. However, following the company's "solid" Q1 results and above consensus Q2 guidance, Duffy raised his price target on Crocs shares to $17 from $16.
05/09/18
05/09/18
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. Crocs (CROX) downgraded to Hold from Buy at Stifel with analyst Jim Duffy saying he believes the stock has "adequately" re-rated to discount fiscal 2019 earnings power. 2. Monster Beverage (MNST) downgraded to Neutral from Overweight at JPMorgan with analyst Andrea Teixeira saying she sees a "difficult road ahead" for the company following its first quarter results. 3. Adient (ADNT) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Armintas Sinkevicius saying that recent management commentary appears to have taken the potential for strategic action involving the underperforming metals business off the table. 4. Ironwood (IRWD) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst David Lebowitz saying he believes management's target of Linzess U.S. sales exceeding $1B by 2020 could be a challenge given the recent deceleration in volume growth. 5. Papa John's (PZZA) downgraded to Neutral from Buy at Longbow with analyst Alton Stump saying he is concerned Papa John's may not have a recovery in comps in the near-term and recommends investors wait for a significant pullback and or evidence same-store-sales being to recover in the coming quarters before becoming constructive on shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/01/18
PIPR
06/01/18
NO CHANGE
Target $20
PIPR
Overweight
Crocs target raised to $20 after management meetings at Piper Jaffray
After spending time with management, Piper Jaffray analyst Erinn Murphy raised her estimates for Crocs to account for the company's longer-term EBIT opportunity and catalysts for sustained sales growth. Management maintains its stance that LiteRide, the newest franchise, is exceeding expectations. Murphy increased her price target for shares of Crocs to $20 from $18 and keeps an Overweight rating on the name.
07/25/18
PIVT
07/25/18
UPGRADE
Target $21
PIVT
Buy
Crocs upgraded to Buy from Hold at Pivotal Research
Pivotal Research analyst Mitch Kummetz upgraded Crocs to Buy and raised his price target for the shares to $21 from $15. The spring/summer season has "come on strong" in May, June and July-to-date for Crocs, Kummetz tells investors in a research note, citing his surveys of the independent footwear channel. The analyst now believes the company's Q2 reorders were solid, and that Crocs should at least reach the high end of its sales range for the quarter. Further, he thinks Q3 sets up well" for the company, given the "buy-now, wear-now nature of consumers today." Warm-weather product should sell well for back-to-school and into the early fall season, Kummetz contends.
AMZN Amazon.com
$1,856.21

8.46 (0.46%)

08/03/18
BARD
08/03/18
NO CHANGE
Target $2100
BARD
Outperform
Amazon summit highlights long cloud growth runway, says Baird
After having attended the AWS Summit in Chicago this week, Baird analyst Colin Sebastian said his talks with several enterprise IT decision makers highlight Amazon's "clear advantage" in product breadth and go-to-market capabilities despite the fact that cloud services competition is "undoubtedly intensifying" from Microsoft's (MSFT) Azure and Alphabet's (GOOGL) Google Cloud Platform. Most large-scale enterprises are still in the early days of cloud migration, which bodes well for the long-term growth outlook for AWS along with Azure and Google Cloud, Sebastian concluded. He keeps an Outperform rating and $2,100 price target on Amazon shares.
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).
08/06/18
STFL
08/06/18
NO CHANGE
Target $202
STFL
Buy
Facebook added to Stifel Select List, Amazon removed
Stifel analyst Scott Devitt replaced Amazon (AMZN) with Facebook (FB) on the Stifel Select List, citing the strong year-to-date performance of Amazon shares, which he still likes and keeps a Buy rating upon. He believes Facebook expectations, and the shares, are appropriately set to allow for longer-term outperformance given the material reset that followed the company's "painful" Q2 update, Devitt tells investors. He maintains a Buy rating and $202 price target on Facebook.
08/06/18
LOOP
08/06/18
NO CHANGE
Target $55
LOOP
Buy
Etsy price target raised to $55 from $50 at Loop Capital
Loop Capital analyst Laura Champine raised her price target on Etsy (ETSY) to $55 and kept her Buy rating after its Q2 earnings beat and raised guidance. The analyst notes that while the stock price has already doubled year-to-date, its positive momentum is likely to continue after another update forecasting continued revenue growth. Champine also believes that her revenue growth forecasts may prove to be conservative, as Etsy's holiday promotional activity later this year is likely to increase seller count. The analyst contends that Etsy's seller fees at 5% are also an "excellent value" relative to eBay's (EBAY) 10% and Amazon's (AMZN) 15%.

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CMBM

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21:29
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GIS

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$53.70

0.04 (0.07%)

, PAYX

Paychex

$84.76

-1.41 (-1.64%)

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FB

Facebook

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PCG

PG&E

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KMI

Kinder Morgan

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18:55
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MU

Micron

$32.71

-0.47 (-1.42%)

, FDX

FedEx

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GBT

Global Blood Therapeutics

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18:15
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CMCSA

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NBC to pull 'The Office' from Netflix in 2021, CNBC says »

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QD

Qudian

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FDX

FedEx

$156.00

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, AMZN

Amazon.com

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17:38
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