Breaking News Instant updates and real-time market news.

ONDK

On Deck Capital

$8.59

1.81 (26.70%)

12:00
08/07/18
08/07
12:00
08/07/18
12:00

On Deck Capital rises 26.6%

On Deck Capital is up 26.6%, or $1.81 to $8.60.

  • 07

    Aug

  • 08

    Aug

  • 13

    Aug

  • 14

    Aug

  • 15

    Aug

  • 16

    Aug

  • 06

    Nov

ONDK On Deck Capital
$8.59

1.81 (26.70%)

07/19/18
MSCO
07/19/18
DOWNGRADE
MSCO
Underweight
On Deck Capital downgraded to Underweight from Equal Weight at Morgan Stanley
07/19/18
07/19/18
DOWNGRADE
Target $6

Underweight
Morgan Stanley sees On Deck needing time to ramp ODaaS, cuts to Underweight
As previously reported, Morgan Stanley analyst James Faucette downgraded On Deck Capital to Underweight from Equal Weight, stating that he sees the company needing a long time to meaningfully scale the "OnDeck-as-a-Service," which he believes will limit the stock's potential for valuation expansion above small-to-mid cap banks. Also, Faucette sees limited upside potential to origination growth estimates given the company's preference for delivering profitability versus growth, he tells investors. He maintains a $6 price target on On Deck shares.
07/19/18
MSCO
07/19/18
NO CHANGE
MSCO
Morgan Stanley upgrades Payments and Processing industry to Attractive
Morgan Stanley analyst James Faucette upgraded his view of the Payments and Processing industry to Attractive, citing the firm's U.S. Strategy Team's call for rotation out of Technology and his view that Payments will be seen as an attractive option for investors looking to become more defensive. Investors underappreciate the resilience of consumer spending and Faucette sees the potential for his Payments coverage market-cap weighted earnings growth to accelerate organically to 15% over 2018-2020 from 11% growth over the last three years, he tells investors. In the group, the firm has Overweight ratings on Visa (V), MasterCard (MA), PayPal (PYPL), GreenSky (GSKY), Worldpay (WP) and FleetCor (FLT). Morgan Stanley has Underweight ratings on Western Union (WU) and On Deck Capital (ONDK), having downgraded On Deck this morning.
07/19/18
07/19/18
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. NEEDHAM CUTS TESLA TO UNDERPERFORM: Needham analyst Rajvindra Gill downgraded Tesla (TSLA) to Underperform from Hold, stating the stock remains overvalued in spite of its 16% decline from the the June 2017 peak. The analyst cited expectations of slower Model S/X sales amid increased competition and possible cannibalization from the Model 3, the expiration of credits, slower gross margins improvement with "persistently high" production costs, lower energy segment revenue after recent restructuring, and Tesla's "unsustainable capital structure." Tesla is down 1.9% in midday trading. CREDIT SUISSE UPGRADES SQUARE: Credit Suisse analyst Paul Condra upgraded Square (SQ) to Outperform from Neutral, saying he believes its growing product eco-system is increasing its ability to penetrate larger merchants. He also said positive data points on Cash-App adoption validate Square's two-sided platform strategy to grow both merchant and consumer use-cases. The analyst also raised his price target on the shares to $81 from $44. MORGAN STANLEY UPS SQUARE TARGET: Morgan Stanley analyst James Faucette sees good potential for upward estimate revisions for Square in the near-term and raised his price target on the stock to $75 from $43. However, Faucette kept an Equal Weight rating on Square, calling its valuation "demanding" and citing his continued view that new services are misvalued. Square is higher by 3.5% at midday. MORGAN STANLEY DOWNGRADES LENDINGCLUB, ON DECK: Morgan Stanley's Faucette downgraded LendingClub (LC) to Equal Weight from Overweight as he thinks the previously disclosed FTC investigation into the company's lending practices will be a drag on new investor interest and involvement in the stock until it is resolved. Faucette lowered his price target on LendingClub shares to $5 from $6. Faucette downgraded On Deck Capital (ONDK) to Underweight from Equal Weight, stating that he sees the company needing a long time to meaningfully scale the "OnDeck-as-a-Service," which he believes will limit the stock's potential for valuation expansion above small-to-mid cap banks. Also, Faucette sees limited upside potential to origination growth estimates given the company's preference for delivering profitability versus growth, he tells investors. PIPER POSITIVE ON CISCO AND ARISTA, CALLS AMAZON FEARS OVERBLOWN: Amazon (AMZN) is not entering the network switching market as speculated on July 13, Piper Jaffray analyst James Fish told investors in a research note. The confirmation by Amazon removes the potential shadow of Amazon on the space. The analyst continued to recommend Cisco (CSCO) and Arista (ANET) as his top networking picks.

TODAY'S FREE FLY STORIES

SPEX

Spherix

$2.30

-0.08 (-3.36%)

08:06
06/26/19
06/26
08:06
06/26/19
08:06
Hot Stocks
Spherix to acquire USPTO-aproved pancreatic cancer treatment from CBM BioPharma »

CBM BioPharma has been…

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

BAX

Baxter

$81.71

-0.58 (-0.70%)

08:06
06/26/19
06/26
08:06
06/26/19
08:06
Initiation
Baxter initiated  »

Baxter initiated with 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

  • 25

    Jul

  • 16

    Sep

UNF

UniFirst

$166.80

-2.205 (-1.30%)

08:05
06/26/19
06/26
08:05
06/26/19
08:05
Earnings
UniFirst reports Q3 diluted EPS $2.46, consensus $1.71 »

Reports Q3 revenue…

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

AXTA

Axalta Coating

$30.64

0.48 (1.59%)

08:03
06/26/19
06/26
08:03
06/26/19
08:03
Recommendations
Axalta Coating analyst commentary  »

Axalta Coating price…

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

GSS

Golden Star Resources

$3.92

-0.18 (-4.39%)

08:02
06/26/19
06/26
08:02
06/26/19
08:02
Hot Stocks
Golden Star Resources COO Daniel Owiredu to step down, Graham Crew to succeed »

Golden Star Resources…

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

WDC

Western Digital

$41.11

0.07 (0.17%)

, MU

Micron

$32.71

-0.47 (-1.42%)

08:02
06/26/19
06/26
08:02
06/26/19
08:02
Recommendations
Western Digital, Micron analyst commentary  »

Micron results…

WDC

Western Digital

$41.11

0.07 (0.17%)

MU

Micron

$32.71

-0.47 (-1.42%)

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

OMF

OneMain Holdings

$31.63

-0.39 (-1.22%)

08:02
06/26/19
06/26
08:02
06/26/19
08:02
Upgrade
OneMain Holdings rating change  »

OneMain Holdings upgraded…

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

WASH

Washington Trust

$50.47

0.18 (0.36%)

07:59
06/26/19
06/26
07:59
06/26/19
07:59
Initiation
Washington Trust initiated  »

Washington 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

MU

Micron

$32.71

-0.47 (-1.42%)

07:59
06/26/19
06/26
07:59
06/26/19
07:59
Upgrade
Micron rating change  »

Micron upgraded to Buy at…

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

CRCM

Care.com

$14.13

0.21 (1.51%)

, BBY

Best Buy

$66.42

-1.02 (-1.51%)

07:58
06/26/19
06/26
07:58
06/26/19
07:58
Downgrade
Care.com, Best Buy rating change  »

Care.com downgraded to…

CRCM

Care.com

$14.13

0.21 (1.51%)

BBY

Best Buy

$66.42

-1.02 (-1.51%)

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

KMI

Kinder Morgan

07:55
06/26/19
06/26
07:55
06/26/19
07:55
Downgrade
Kinder Morgan rating change at Raymond James »

Kinder Morgan downgraded…

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

HEP

Holly Energy Partners

07:55
06/26/19
06/26
07:55
06/26/19
07:55
Downgrade
Holly Energy Partners rating change at Raymond James »

Holly Energy Partners…

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

  • 31

    Jul

GEL

Genesis Energy

$21.59

-0.38 (-1.73%)

07:55
06/26/19
06/26
07:55
06/26/19
07:55
Downgrade
Genesis Energy rating change at Raymond James »

Genesis Energy downgraded…

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

WMB

Williams

$26.80

-0.36 (-1.33%)

07:55
06/26/19
06/26
07:55
06/26/19
07:55
Upgrade
Williams rating change at Raymond James »

Williams upgraded 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

XLRN

Acceleron

$39.60

-0.49 (-1.22%)

07:52
06/26/19
06/26
07:52
06/26/19
07:52
Hot Stocks
Acceleron completes target enrollment in PULSAR Phase 2 trial of sotatercept »

Acceleron Pharma…

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

  • 04

    Dec

  • 04

    Apr

KSHB

KushCo Holdings

$0.00

(0.00%)

07:52
06/26/19
06/26
07:52
06/26/19
07:52
Initiation
KushCo Holdings initiated at Benchmark »

Benchmark starts KushCo…

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

    Jul

  • 17

    Jul

AYX

Alteryx

$104.20

-2 (-1.88%)

07:52
06/26/19
06/26
07:52
06/26/19
07:52
Recommendations
Alteryx analyst commentary at Cowen »

Alteryx price target…

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

PSN

Parsons

$36.77

-0.045 (-0.12%)

07:51
06/26/19
06/26
07:51
06/26/19
07:51
Downgrade
Parsons rating change  »

Parsons 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

ENR

Energizer

$37.51

-0.625 (-1.64%)

07:48
06/26/19
06/26
07:48
06/26/19
07:48
Upgrade
Energizer rating change at Deutsche Bank »

Energizer upgraded to Buy…

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

$156.00

-4.88 (-3.03%)

, WMT

Walmart

$110.72

-0.53 (-0.48%)

07:48
06/26/19
06/26
07:48
06/26/19
07:48
Recommendations
FedEx, Walmart, Target, Amazon.com analyst commentary  »

FedEx price target…

FDX

FedEx

$156.00

-4.88 (-3.03%)

WMT

Walmart

$110.72

-0.53 (-0.48%)

TGT

Target

$85.70

-1.03 (-1.19%)

AMZN

Amazon.com

$1,879.26

-34.17 (-1.79%)

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

  • 10

    Jul

  • 30

    Jul

  • 31

    Jul

  • 15

    Aug

  • 21

    Aug

  • 17

    Sep

  • 13

    Nov

07:45
06/26/19
06/26
07:45
06/26/19
07:45
General news
U.S. MBA reported mortgage applications bounced 1.3% »

U.S. MBA reported…

UPWK

Upwork

$15.07

-0.41 (-2.65%)

, FVRR

Fiverr

$29.00

-0.2 (-0.68%)

07:44
06/26/19
06/26
07:44
06/26/19
07:44
Upgrade
Upwork, Fiverr rating change  »

Upwork upgraded to Buy…

UPWK

Upwork

$15.07

-0.41 (-2.65%)

FVRR

Fiverr

$29.00

-0.2 (-0.68%)

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

LINX

Linx S.A.

$0.00

(0.00%)

07:41
06/26/19
06/26
07:41
06/26/19
07:41
Syndicate
Linx S.A. 32.8M share IPO priced at $9.40 »

We are told the official…

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

07:40
06/26/19
06/26
07:40
06/26/19
07:40
General news
Treasury Market Outlook: Treasury yields jumped higher »

Treasury Market Outlook:…

BBRX

Braeburn Pharmaceuticals

$0.00

(0.00%)

07:38
06/26/19
06/26
07:38
06/26/19
07:38
Initiation
Braeburn Pharmaceuticals initiated at Maxim »

Braeburn Pharmaceuticals…

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

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.