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TSLA

Tesla

$350.34

-19.86 (-5.36%)

14:23
08/09/18
08/09
14:23
08/09/18
14:23

SEC looking at Tesla before tweets, now faces broader scrutiny, Bloomberg says

The SEC was looking at Tesla before CEO Elon Musk's recent takeover tweets but the company now faces broader scrutiny following the tweets, according to Bloomberg, citing people familiar with the matter.

  • 29

    Oct

TSLA Tesla
$350.34

-19.86 (-5.36%)

08/08/18
MSCO
08/08/18
NO CHANGE
Target $291
MSCO
Equal Weight
Musk may want to take Tesla private, but Morgan Stanley questions feasibility
While Morgan Stanley analyst Adam Jonas sympathizes with Elon Musk's argument that Tesla could be better off as a private company, he questions the feasibility of Musk actually being able to achieve that goal. Taking the company private would assume either that the company is on the verge of generating self-sustaining cash flows or that it can tap into a range of strategic sources of capital not previously at its disposal, said Jonas, who sees strategic value at Tesla but thinks the "LBO math required to support [a price of] $420 is extremely aggressive." The benefits of being private are outweighed by the risks of added financial leverage, which could be even more strategically limiting, added Jonas, who keeps an Equal Weight rating on Tesla shares with a price target of $291.
08/08/18
BARD
08/08/18
NO CHANGE
Target $411
BARD
Outperform
Tesla $420 buyout price mentioned by Musk too low, says Baird
Baird analyst Ben Kallo believes the Tesla buyout price of $420 mentioned by Elon Musk is too low. He expects the shares to trade above that mark as investors will demand a higher premium, which will coincide with short covering. Kallo reiterated his Outperform rating and $411 price target on Tesla shares.
08/08/18
RBCM
08/08/18
NO CHANGE
Target $110
RBCM
Outperform
RBC Capital revisits idea of Celgene going private after Tesla proposal
Following yesterday's news that Tesla (TSLA) CEO Elon Musk would like to see his company go private, RBC analyst Brian Abrahams revisited his prior analysis of whether Celgene (CELG) should go private in order to better capture the medium-term value of future Revlimid cash flows not being appreciated by public markets and avoid volatility as it transitions to a post-Revlimid business model. Though acknowledging that the two companies are in completely different industries, he thinks the example of Musk shows that performing such a transaction on a large company "may not be completely unrealistic," Abrahams said. Such an LBO, or perhaps more likely an acquisition by a larger pharmaceutical company, could possibly help capture more value from Celgene's commercial and pipeline products, concludes Abrahams, who has an Outperform rating and $110 price target on Celgene shares.
08/08/18
08/08/18
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. REACTIONS TO TESLA'S TALK OF GOING PRIVATE: Jefferies analyst Philippe Houchois raised his price target for Tesla (TSLA) to $360 from $250 after CEO Elon Musk suggested taking the company private. Going private "feels like the right thing to do," Houchois said. "Distraction or not, the move feels right even if Musk is downplaying how supportive public markets have been," the analyst adds. However, with Tesla unable to take on more debt, Houchois wondered who may fund the potential deal and end up as a new large shareholder. While Morgan Stanley analyst Adam Jonas sympathizes with Elon Musk's argument that Tesla could be better off as a private company, he questioned the feasibility of Musk actually being able to achieve that goal. Taking the company private would assume either that the company is on the verge of generating self-sustaining cash flows or that it can tap into a range of strategic sources of capital not previously at its disposal, said Jonas, who sees strategic value at Tesla but thinks the "LBO math required to support [a price of] $420 is extremely aggressive." MORGAN STANLEY SAYS SOUTHWEST A GOOD FIT FOR BERKSHIRE: Morgan Stanley analyst Kai Pan noted that Berkshire Hathaway (BRK.A) has shifted tone in recent years and become a top three shareholder of the "Big Four" U.S. airlines, including Southwest (LUV). Media reports from Forbes, CNN and others have discussed a possible acquisition by Berkshire of the airline, added Pan. He analyzed a theoretical acquisition and came to the conclusion that Southwest could be a strategic fit for Berkshire and the advantages could also be compelling for the airline. Pan estimates Berkshire could pay a 20-40% premium, or $70-80 per share for Southwest, in such a hypothetical takeover situation. Pan has an Overweight rating and $67 price target on Southwest shares. BARCLAYS POSITIVE ON SNAP GUIDANCE CHANGE: Barclays analyst Ross Sandler views Snap's (SNAP) Q2 results as a "mixed bag," with daily active users 2M below his estimate and revenue $20M above his estimate. More importantly, the change in approach towards guidance is "very welcomed and should help to reduce some of the volatility going forward," Sandler said. He believes this is a "big positive for long-term holders looking to get involved." The analyst kept an Overweight rating on Snap with a $16 price target. WAINWRIGHT SAYS INSMED LIKELY TO BE ACQUIRED: H.C. Wainwright analyst Andrew Fein raised his price target for Insmed (INSM) to $43 from $35 following the 12-2 FDA panel vote in favor of ALIS in refractory nontuberculous mycobacterial patients. Insmed is now likely to be acquired as ALIS "fits well within the pipeline of a number of larger companies," Fein said.

TODAY'S FREE FLY STORIES

FOXA

21st Century Fox

$45.28

0.07 (0.15%)

, FOX

21st Century Fox

$44.86

0.05 (0.11%)

10:25
09/26/18
09/26
10:25
09/26/18
10:25
Hot Stocks
21st Century Fox announces intention to accept Comcast offer for Sky stake »

21st Century Fox (FOXA)…

FOXA

21st Century Fox

$45.28

0.07 (0.15%)

FOX

21st Century Fox

$44.86

0.05 (0.11%)

SKYAY

Sky

$0.00

(0.00%)

CMCSA

Comcast

$35.53

0.14 (0.40%)

CMCSK

Comcast

$0.00

(0.00%)

DIS

Disney

$114.55

0.78 (0.69%)

03/08/13
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  • 13

    Nov

PTLA

Portola Pharmaceuticals

$28.06

0.36 (1.30%)

10:24
09/26/18
09/26
10:24
09/26/18
10:24
Conference/Events
William Blair pharmaceuticals analysts to hold analyst/industry conference call »

Pharmaceuticals Analyst…

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  • 26

    Sep

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    Dec

SVMK

SurveyMonkey

$0.00

(0.00%)

10:24
09/26/18
09/26
10:24
09/26/18
10:24
Syndicate
Breaking Syndicate news story on SurveyMonkey »

SurveyMonkey indicated to…

03/08/13
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  • 26

    Sep

GDX

Market Vector Gold Miners

$18.65

-0.2 (-1.06%)

10:20
09/26/18
09/26
10:20
09/26/18
10:20
Options
Sweep buyer of weekly call options on Market Vectors Gold Mining ETF »

Sweep buyer of weekly…

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10:20
09/26/18
09/26
10:20
09/26/18
10:20
General news
FX Action: The dollar »

FX Action: The dollar was…

10:20
09/26/18
09/26
10:20
09/26/18
10:20
General news
U.S. new home sales bounced 3.5% to 629k in August »

U.S. new home sales…

10:20
09/26/18
09/26
10:20
09/26/18
10:20
General news
Treasury Action: yields remained steady below highs »

Treasury Action: yields…

FOXA

21st Century Fox

$45.27

0.06 (0.13%)

, CMCSA

Comcast

$35.52

0.13 (0.37%)

10:19
09/26/18
09/26
10:19
09/26/18
10:19
Hot Stocks
Fox intends to sell Sky stake to Comcast at GBP17.28 per share »

21st Century Fox (FOXA)…

FOXA

21st Century Fox

$45.27

0.06 (0.13%)

CMCSA

Comcast

$35.52

0.13 (0.37%)

DIS

Disney

$114.51

0.74 (0.65%)

FOX

21st Century Fox

$44.86

0.05 (0.11%)

CMCSK

Comcast

$0.00

(0.00%)

SKYAY

Sky

$0.00

(0.00%)

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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  • 13

    Nov

WU

Western Union

$18.68

-0.09 (-0.48%)

10:18
09/26/18
09/26
10:18
09/26/18
10:18
Periodicals
Western Union hired adviser to sell business-payments arm, Bloomberg reports »

Western Union is weighing…

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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TSLA

Tesla

$305.52

4.47 (1.48%)

10:17
09/26/18
09/26
10:17
09/26/18
10:17
Periodicals
Trucking industry disputes Musk's shortage claims for delivery delays, LAT says »

The trucking industry is…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Sep

  • 29

    Oct

  • 13

    Nov

SVMK

SurveyMonkey

$0.00

(0.00%)

10:17
09/26/18
09/26
10:17
09/26/18
10:17
Syndicate
Breaking Syndicate news story on SurveyMonkey »

SurveyMonkey indicated 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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  • 26

    Sep

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
09/26/18
09/26
10:17
09/26/18
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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

KB Home

$24.69

-0.6 (-2.37%)

10:16
09/26/18
09/26
10:16
09/26/18
10:16
Technical Analysis
Technical Take: KB Home reverses sharply lower after housing data »

The stock had been up…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
09/26/18
09/26
10:16
09/26/18
10:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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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IBM

IBM

$151.89

2.98 (2.00%)

10:15
09/26/18
09/26
10:15
09/26/18
10:15
Hot Stocks
IBM rises after UBS says buy on AI potential, low public cloud exposure »

In a research note to…

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03/06/13
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  • 26

    Sep

  • 21

    Oct

  • 22

    Oct

  • 03

    Mar

10:15
09/26/18
09/26
10:15
09/26/18
10:15
General news
Breaking General news story  »

Week of 9/21 EIA…

SVMK

SurveyMonkey

$0.00

(0.00%)

10:13
09/26/18
09/26
10:13
09/26/18
10:13
Syndicate
SurveyMonkey indicated to open at $20, IPO priced at $12 »

SurveyMonkey (SVMK)…

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03/06/13
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  • 26

    Sep

BBVA

Banco Bilbao

$6.55

-0.035 (-0.53%)

10:12
09/26/18
09/26
10:12
09/26/18
10:12
Hot Stocks
Banco Bilbao designates CEO Carlos Torres Vila as next chairman »

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03/06/13
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  • 02

    Oct

  • 03

    Oct

F

Ford

$9.37

-0.025 (-0.27%)

, VLKAY

Volkswagen

$0.00

(0.00%)

10:10
09/26/18
09/26
10:10
09/26/18
10:10
Periodicals
Ford expands partnership talks with VW, Mahindra to cut costs, Reuters reports »

Ford (F) CEO Jim Hackett…

F

Ford

$9.37

-0.025 (-0.27%)

VLKAY

Volkswagen

$0.00

(0.00%)

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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  • 26

    Sep

  • 02

    Oct

SQ

Square

$94.76

-0.64 (-0.67%)

10:10
09/26/18
09/26
10:10
09/26/18
10:10
Options
Heavy trading in Square weekly options as shares fall from record highs »

Heavy trading in Square…

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  • 26

    Sep

  • 27

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  • 26

    Nov

ETTX

Entasis Therapeutics

$0.00

(0.00%)

10:03
09/26/18
09/26
10:03
09/26/18
10:03
Syndicate
Entasis Therapeutics opens at $13.45, IPO priced at $15.00 per share »

Entasis Therapeutics…

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  • 26

    Sep

WOR

Worthington

$42.88

-3.39 (-7.33%)

10:00
09/26/18
09/26
10:00
09/26/18
10:00
Hot Stocks
Worthington falls -7.4% »

Worthington is down…

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  • 26

    Sep

  • 26

    Sep

GPRO

GoPro

$7.25

0.62 (9.35%)

10:00
09/26/18
09/26
10:00
09/26/18
10:00
Options
Active trading in GoPro weekly options as shares spike »

Active trading in GoPro…

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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ATU

Actuant

$27.10

-2.65 (-8.91%)

10:00
09/26/18
09/26
10:00
09/26/18
10:00
Hot Stocks
Actuant falls -7.9% »

Actuant is down -7.9%, or…

03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Sep

PES

Pioneer Energy

$3.13

-0.325 (-9.42%)

10:00
09/26/18
09/26
10:00
09/26/18
10:00
Hot Stocks
Pioneer Energy falls -8.1% »

Pioneer Energy is down…

03/08/13
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03/06/13
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  • 26

    Sep

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