Breaking News Instant updates and real-time market news.

QCOM

Qualcomm

$65.59

-0.14 (-0.21%)

15:30
08/07/18
08/07
15:30
08/07/18
15:30

20K Qualcomm Sep 7th 55 - 60 put spreads trade at 30c

20K Qualcomm Sep 7th 55 - 60 put spreads trade at 30c. The stock down 23c to $65.50 and size matches a 20K block of Sep 7th 60 puts opened on 7/31. The block at that time was one leg of 10K Sep 7th 55 - 60 - 65 put butterfly spreads, with the stock at $63.90. It appears that the spread today covers the body (60 puts) and the lower wing (55 puts) while opening (selling) 10K Sep 7th 55 puts. If so, the adjustment leaves them long 10K Sep 55 - 65 put spreads, a bearish play that offers a max payout if shares drop 16% to $55 or worse over the next month.

QCOM Qualcomm
$65.59

-0.14 (-0.21%)

08/06/18
COWN
08/06/18
UPGRADE
COWN
Outperform
Qualcomm upgraded to Outperform from Market Perform at Cowen
08/06/18
MSCO
08/06/18
NO CHANGE
Target $80
MSCO
Underweight
Qualcomm China 5G-related RF position a threat to Skyworks, says Morgan Stanley
After speaking with a senior RF engineer at a "leading China OEM," Morgan Stanley analyst Craig Hettenbach said that, contrary to investor expectations, Qualcomm (QCOM) appears to be "in the driver seat" to win the majority of 5G-related RF content in the first wave of 5G capable phones in China. Qualcomm's traction in 5G RF can feed the bear case in Skyworks (SKWS) and Qorvo (QRVO), said Hettenbach, who lowered his target P/E multiple on Skyworks to reflect what he now sees as a more credible competitive threat from Qualcomm. Hettenbach lowered his price target on Skyworks to $80 from $87 and keeps an Underweight rating on the shares and he maintains an Equal Weight rating and $75 price target on Qorvo.
08/06/18
COWN
08/06/18
UPGRADE
Target $80
COWN
Outperform
Qualcomm upgraded to Outperform at Cowen
As reported previously, Canaccord analyst Matthew Ramsay upgraded Qualcomm to Outperform from Market Perform. The analyst noted the company's $30B buyback and believes the shares offer a compelling risk/reward with effects of lower spending, solid customer performance, and potential QTL resolutions. Ramsay raised his price target to $80 from $64 on Qualcomm shares.
08/06/18
08/06/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Comcast (CMCSA) upgraded to Overweight from Neutral at Atlantic Equities with analyst Hamilton Faber saying he believes "the bulk of the M&A storm" has passed. 2. Qualcomm (QCOM) upgraded to Outperform from Market Perform at Cowen with analyst Matthew Ramsay citing the company's $30B buyback and saying he believes the shares offer a compelling risk/reward with effects of lower spending, solid customer performance, and potential QTL resolutions. 3. Square (SQ) upgraded to Buy from Neutral at Buckingham with analyst Chris Brendler saying the Q2 strong results reduced his concerns about high valuation and competition and said there is no reason why Square will not continue to report better-then-expected core revenue growth into 2020. 4. Parker-Hannifin (PH) upgraded to Outperform from In Line at Evercore ISI with analyst David Raso saying the company's recent operational struggles are behind it with this quarters report and views 2019 guidance as conservative. 5. Intercept (ICPT) upgraded to Buy from Sell at Goldman Sachs with analyst Salveen Richter saying Ocaliva in fatty liver disease nonalcoholic steatohepatitis is the crux of Intercept's value proposition and that he's positive into the Phase 3 Regenerate interim readout in the first half of 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

RTLR

Rattler Midstream

$19.21

-0.195 (-1.01%)

05:32
06/17/19
06/17
05:32
06/17/19
05:32
Initiation
Rattler Midstream initiated  »

Rattler Midstream…

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

CMCM

Cheetah Mobile

$3.76

-0.21 (-5.29%)

05:28
06/17/19
06/17
05:28
06/17/19
05:28
Recommendations
Cheetah Mobile analyst commentary  »

Cheetah Mobile 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

AKBA

Akebia

$4.09

-0.19 (-4.44%)

, FGEN

FibroGen

$40.63

-0.72 (-1.74%)

05:26
06/17/19
06/17
05:26
06/17/19
05:26
Recommendations
Akebia, FibroGen analyst commentary  »

Piper says buy Akebia…

AKBA

Akebia

$4.09

-0.19 (-4.44%)

FGEN

FibroGen

$40.63

-0.72 (-1.74%)

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

VEOEY

Veolia Environment

$0.00

(0.00%)

05:22
06/17/19
06/17
05:22
06/17/19
05:22
Initiation
Veolia Environment initiated  »

Veolia Environment…

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

SZEVY

Suez

$0.00

(0.00%)

05:21
06/17/19
06/17
05:21
06/17/19
05:21
Initiation
Suez initiated  »

Suez 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

EONGY

E.ON

$0.00

(0.00%)

05:21
06/17/19
06/17
05:21
06/17/19
05:21
Initiation
E.ON initiated  »

E.ON 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

RWEOY

RWE AG

$0.00

(0.00%)

05:20
06/17/19
06/17
05:20
06/17/19
05:20
Initiation
RWE AG initiated  »

RWE AG initiated with an…

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

05:20
06/17/19
06/17
05:20
06/17/19
05:20
General news
FX Action: USD-JPY has settled lower after eking out a six-day high »

FX Action: USD-JPY has…

UUGRY

United Utilities

$0.00

(0.00%)

05:19
06/17/19
06/17
05:19
06/17/19
05:19
Initiation
United Utilities initiated  »

United Utilities…

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

STRNY

Severn Trent

$0.00

(0.00%)

05:18
06/17/19
06/17
05:18
06/17/19
05:18
Initiation
Severn Trent initiated  »

Severn Trent 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

PEGRF

Pennon Group

$0.00

(0.00%)

05:18
06/17/19
06/17
05:18
06/17/19
05:18
Initiation
Pennon Group initiated  »

Pennon Group 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

EGFEY

EFG Eurobank

$0.00

(0.00%)

05:16
06/17/19
06/17
05:16
06/17/19
05:16
Downgrade
EFG Eurobank rating change  »

EFG Eurobank 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

NBG

National Bank of Greece

$0.00

(0.00%)

05:16
06/17/19
06/17
05:16
06/17/19
05:16
Downgrade
National Bank of Greece rating change  »

National Bank of Greece…

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

NGG

National Grid

$52.56

0.635 (1.22%)

05:14
06/17/19
06/17
05:14
06/17/19
05:14
Initiation
National Grid initiated  »

National Grid 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

TEL

TE Connectivity

$90.67

-1.44 (-1.56%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
TE Connectivity rating change  »

TE Connectivity…

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

ST

Sensata

$45.84

-1.285 (-2.73%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
Sensata rating change  »

Sensata 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

APH

Amphenol

$94.30

-2.64 (-2.72%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
Amphenol rating change  »

Amphenol 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

SAP

SAP

$127.69

-1.11 (-0.86%)

05:10
06/17/19
06/17
05:10
06/17/19
05:10
Upgrade
SAP rating change  »

SAP upgraded to Buy from…

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

E

Eni SpA

$31.24

-0.1 (-0.32%)

05:09
06/17/19
06/17
05:09
06/17/19
05:09
Upgrade
Eni SpA rating change  »

Eni SpA 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

EQNR

Equinor

$19.44

-0.06 (-0.31%)

05:08
06/17/19
06/17
05:08
06/17/19
05:08
Upgrade
Equinor rating change  »

Equinor upgraded to Hold…

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

ROYMY

Royal Mail

$0.00

(0.00%)

05:07
06/17/19
06/17
05:07
06/17/19
05:07
Upgrade
Royal Mail rating change  »

Royal Mail 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

DOW

Dow Inc.

$51.12

-1.77 (-3.35%)

05:05
06/17/19
06/17
05:05
06/17/19
05:05
Downgrade
Dow Inc. rating change  »

Dow Inc. 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

NRDBY

Nordea Bank

$0.00

(0.00%)

05:04
06/17/19
06/17
05:04
06/17/19
05:04
Downgrade
Nordea Bank rating change  »

Nordea Bank 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

KMI

Kinder Morgan

$20.53

(0.00%)

05:03
06/17/19
06/17
05:03
06/17/19
05:03
Downgrade
Kinder Morgan rating change  »

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

SYMC

Symantec

$19.36

-0.22 (-1.12%)

05:00
06/17/19
06/17
05:00
06/17/19
05:00
Upgrade
Symantec rating change  »

Symantec 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

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.