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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.

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    Aug

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    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

DE

Deere

$138.49

-4.04 (-2.83%)

06:50
11/21/18
11/21
06:50
11/21/18
06:50
Earnings
Deere reports Q4 EPS $2.42, consensus $2.45 »

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BBY

Best Buy

$63.54

1.35 (2.17%)

06:50
11/21/18
11/21
06:50
11/21/18
06:50
Recommendations
Best Buy analyst commentary  »

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  • 05

    Dec

EADSY

Airbus

$0.00

(0.00%)

, IFNNY

Infineon

$0.00

(0.00%)

06:49
11/21/18
11/21
06:49
11/21/18
06:49
Hot Stocks
Airbus appoints Dominik Asam as future CFO »

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EADSY

Airbus

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IFNNY

Infineon

$0.00

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FNKO

Funko

$15.15

-0.03 (-0.20%)

06:47
11/21/18
11/21
06:47
11/21/18
06:47
Recommendations
Funko analyst commentary  »

Funko holiday off to a…

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ENTG

Entegris

$27.29

1.09 (4.16%)

06:45
11/21/18
11/21
06:45
11/21/18
06:45
Conference/Events
Entegris management to meet with Craig Hallum »

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    Nov

06:45
11/21/18
11/21
06:45
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06:45
General news
Breaking General news story  »

Week of 11/16 MBA…

GPS

Gap

$24.65

-0.79 (-3.11%)

06:43
11/21/18
11/21
06:43
11/21/18
06:43
Periodicals
Gap reviews whether to close hundreds of weaker locations, WSJ reports »

Gap is evaluating whether…

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  • 03

    Mar

ECOM

ChannelAdvisor

$10.44

-0.12 (-1.14%)

06:42
11/21/18
11/21
06:42
11/21/18
06:42
Conference/Events
ChannelAdvisor management to meet with B. Riley FBR »

Meetings to be held in…

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    Dec

TCEHY

Tencent

$0.00

(0.00%)

, SPOT

Spotify

$129.73

2.99 (2.36%)

06:37
11/21/18
11/21
06:37
11/21/18
06:37
Periodicals
Tencent Music Entertainment could push IPO until 2019, Reuters reports »

Tencent Music…

TCEHY

Tencent

$0.00

(0.00%)

SPOT

Spotify

$129.73

2.99 (2.36%)

03/08/13
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03/06/13
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UAL

United Continental

$91.76

-0.33 (-0.36%)

06:36
11/21/18
11/21
06:36
11/21/18
06:36
Periodicals
United wins victory in Newark Airport fee dispute, WSJ reports »

The Federal Aviation…

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  • 27

    Nov

BGNE

BeiGene

$125.87

1.5 (1.21%)

06:36
11/21/18
11/21
06:36
11/21/18
06:36
Initiation
BeiGene initiated  »

BeiGene initiated with an…

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  • 27

    Nov

  • 01

    Dec

  • 03

    Dec

NMHLY

NMC Health

$0.00

(0.00%)

06:34
11/21/18
11/21
06:34
11/21/18
06:34
Upgrade
NMC Health rating change  »

NMC Health upgraded to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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ADI

Analog Devices

$89.12

3.57 (4.17%)

06:33
11/21/18
11/21
06:33
11/21/18
06:33
Recommendations
Analog Devices analyst commentary  »

Analog Devices price…

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  • 26

    Nov

AAPL

Apple

$177.10

-8.7 (-4.68%)

06:32
11/21/18
11/21
06:32
11/21/18
06:32
Periodicals
Apple in talks to provide veterans access to electronic health records, WSJ says »

Apple is in talks with…

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  • 04

    Dec

SWGAY

Swatch Group

$0.00

(0.00%)

06:31
11/21/18
11/21
06:31
11/21/18
06:31
Downgrade
Swatch Group rating change  »

Swatch Group downgraded…

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SWGAY

Swatch Group

$0.00

(0.00%)

06:31
11/21/18
11/21
06:31
11/21/18
06:31
Downgrade
Swatch Group rating change  »

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DXCM

DexCom

$119.89

-1.34 (-1.11%)

, GOOG

Alphabet

$1,026.00

7 (0.69%)

06:28
11/21/18
11/21
06:28
11/21/18
06:28
Recommendations
DexCom, Alphabet, Alphabet Class A analyst commentary  »

Amended Verily agreement…

DXCM

DexCom

$119.89

-1.34 (-1.11%)

GOOG

Alphabet

$1,026.00

7 (0.69%)

GOOGL

Alphabet Class A

$1,031.22

4.99 (0.49%)

03/08/13
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  • 27

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    Mar

JD

JD.com

$19.49

-1.6 (-7.59%)

06:26
11/21/18
11/21
06:26
11/21/18
06:26
Periodicals
JD.com 'Singles Day' fueled by illegal student labor, FT reports »

Over 100,000 employees…

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BBY

Best Buy

$63.54

1.35 (2.17%)

06:26
11/21/18
11/21
06:26
11/21/18
06:26
Upgrade
Best Buy rating change  »

Best Buy upgraded to…

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  • 05

    Dec

DE

Deere

$138.49

-4.04 (-2.83%)

06:21
11/21/18
11/21
06:21
11/21/18
06:21
Hot Stocks
Breaking Hot Stocks news story on Deere »

Deere down 4.7% to…

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  • 21

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    Nov

LOW

Lowe's

$86.15

-5.19 (-5.68%)

, HD

Home Depot

$169.17

-4.45 (-2.56%)

06:21
11/21/18
11/21
06:21
11/21/18
06:21
Downgrade
Lowe's, Home Depot rating change  »

Lowe's downgraded to…

LOW

Lowe's

$86.15

-5.19 (-5.68%)

HD

Home Depot

$169.17

-4.45 (-2.56%)

03/08/13
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BJ

BJ's Wholesale

$19.85

-0.22 (-1.10%)

06:21
11/21/18
11/21
06:21
11/21/18
06:21
Recommendations
BJ's Wholesale analyst commentary  »

BJ's Wholesale is…

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DNSKY

Danske Bank

$0.00

(0.00%)

06:21
11/21/18
11/21
06:21
11/21/18
06:21
Periodicals
Danske Bank faces money laundering lawsuit, FT reports »

Danske Bank is facing a…

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CMCO

Columbus McKinnon

$34.04

-0.56 (-1.62%)

06:21
11/21/18
11/21
06:21
11/21/18
06:21
Conference/Events
Columbus McKinnon management to meet with Craig Hallum »

Meeting to be held in…

03/08/13
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03/06/13
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  • 27

    Nov

DFS

Discover

$68.27

-1.315 (-1.89%)

06:19
11/21/18
11/21
06:19
11/21/18
06:19
Hot Stocks
Discover's Diners partners with Brazil's Elo to launch Elo Diners Club cards »

Discover's…

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