Breaking News Instant updates and real-time market news.

FSCT

ForeScout

$33.88

-2.1 (-5.84%)

, TWLO

Twilio

$74.13

-3.33 (-4.30%)

04:55
08/14/18
08/14
04:55
08/14/18
04:55

KeyBanc to hold a forum

20th Annual Technology Leadership Forum will be held in Vail, Colorado on August 12-14.

FSCT

ForeScout

$33.88

-2.1 (-5.84%)

TWLO

Twilio

$74.13

-3.33 (-4.30%)

TWOU

2U

$72.22

0.01 (0.01%)

VECO

Veeco

$11.50

0.1 (0.88%)

MIME

Mimecast

$38.63

-0.38 (-0.97%)

QLYS

Qualys

$85.35

-2.7 (-3.07%)

ELLI

Ellie Mae

$104.00

-1.03 (-0.98%)

KLAC

KLA-Tencor

$116.08

1.79 (1.57%)

APPN

Appian

$35.54

-1.77 (-4.74%)

DATA

Tableau

$101.98

-1.76 (-1.70%)

EVBG

Everbridge

$51.68

0.06 (0.12%)

PFPT

Proofpoint

$116.51

-0.74 (-0.63%)

CDNS

Cadence Design

$45.37

0.16 (0.35%)

AVLR

Avalara

$38.41

-4.03 (-9.50%)

GTT

GTT Communications

$35.25

2.45 (7.47%)

TLND

Talend

$58.66

-0.17 (-0.29%)

NEWR

New Relic

$103.94

-1.83 (-1.73%)

PAYC

Paycom

$134.57

-1.195 (-0.88%)

WIX

Wix.com

$104.05

-2.15 (-2.02%)

BL

BlackLine

$46.58

-1.11 (-2.33%)

ADS

Alliance Data

$227.34

-0.365 (-0.16%)

FEYE

FireEye

$14.85

-0.22 (-1.46%)

  • 14

    Aug

  • 14

    Aug

  • 15

    Aug

  • 16

    Aug

  • 16

    Aug

  • 20

    Aug

  • 20

    Aug

  • 21

    Aug

  • 28

    Aug

  • 31

    Aug

  • 04

    Sep

  • 06

    Sep

  • 06

    Sep

  • 12

    Sep

  • 13

    Sep

  • 06

    Nov

FSCT ForeScout
$33.88

-2.1 (-5.84%)

04/05/18
FBNS
04/05/18
INITIATION
Target $40
FBNS
Outperform
ForeScout initiated with an Outperform at FBN Securities
FBN Securities started ForeScout Technologies with an Outperform and $40 price target.
08/10/18
JPMS
08/10/18
NO CHANGE
Target $46
JPMS
Overweight
ForeScout price target raised to $46 from $38 at JPMorgan
JPMorgan analyst Sterling Auty raised his price target for ForeScout to $46 following the company's 7% revenue beat in Q2. The continued maturation of ForeScout's sales force is paying off, especially when "married with a solid marketing effort that fills the top of funnel with qualified leads," Auty tells investors in a post-earnings research note. He believes the strength in the company's government and financial services will spread to more verticals and geographies in the coming quarters. The analyst keeps an Overweight rating on the shares.
04/05/18
SPHN
04/05/18
INITIATION
Target $37
SPHN
Overweight
ForeScout initiated with an Overweight at Stephens
Stephens analyst Jonathan Ruykhaver started ForeScout with an Overweight rating and $37 price target, stating that he believes the company's agentless technology and agnostic approach should especially resonate as IoT initiatives accelerate and cloud environments become the norm.
08/02/18
JPMS
08/02/18
NO CHANGE
JPMS
Overweight
Cisco deal for Duo shouldn't have major impact on Okta, ForeScout, says JPMorgan
After Cisco (CSCO) announced it will acquire privately held Duo Security for $2.35B, JPMorgan analyst Sterling Auty offered his view on the read-through from the deal to Okta (OKTA) and ForeScout (FSCT). Duo Security is best known for its multi-factor authentication, and MFA is only one out of six products that Okta offers, said Auty, who does not see the deal having a major impact on Okta. ForeScout has long competed with Cisco for network access control and the Duo deal does have the potential to bolster Cisco's capabilities in this area, Auty said. However, he does not see this transaction having a meaningful near- or mid-term impact, as he contends that ForeScout has "moved well beyond" its original use case. Auty has Overweight ratings on both Okta and ForeScout.
TWLO Twilio
$74.13

-3.33 (-4.30%)

08/07/18
BARD
08/07/18
NO CHANGE
Target $82
BARD
Outperform
Twilio price target raised to $82 from $50 at Baird
Baird analyst William Power raised his price target on Twilio to $82 from $50 following the company's "blow-out" Q2 results. The analyst also noted the raised guidance on the heels of its stronger than expected quarter and he sees multiple drivers supporting it in the second half of the year. Power reiterated his Outperform rating on Twilio shares.
08/07/18
ADAM
08/07/18
NO CHANGE
Target $80
ADAM
Buy
Twilio price target raised to $80 from $52 at Canaccord
Canaccord analyst Richard Davis raised his price target on Twilio to $80 from $52 following Q2 results that showed upside on every metric he tracks. He noted the company turned profitable one quarter earlier than expected, guidance was very strong, and its Flex program continues to show early traction. Davis reiterated his Buy rating on Twilio shares.
08/07/18
JPMS
08/07/18
NO CHANGE
Target $75
JPMS
Overweight
Twilio price target raised to $75 from $60 at JPMorgan
JPMorgan analyst Mark Murphy raised his price target for Twilio to $75 saying the company last night posted an "outstanding" Q2 with "substantial improvement in its growth-plus-margin profile, cementing its performance in the top echelon of the software industry." Total revenue accelerated to 54% year-over-year growth and was 13% above consensus, Murphy tells investors in a post-earnings research note. The analyst reaffirms Twilio as a top SMID-cap pick and keeps an Overweight rating on the shares.
08/13/18
MUFG
08/13/18
NO CHANGE
Target $82
MUFG
Overweight
Twilio price target raised to $82 from $59 at MUFG
MUFG analyst Stephen Bersey raised his price target on Twilio to $82 and kept his Overweight rating after its Q2 results, saying the demand for the company's core messaging products and newer platform solutions led to a growth rate of 137%. The analyst notes that Twilio will further benefit from the rollout of Flex and the continued strength of its core messaging products, adding that it can continue to win new customers and drive existing customer expansions for the foreseeable future.
TWOU 2U
$72.22

0.01 (0.01%)

05/04/18
BRRR
05/04/18
NO CHANGE
Target $100
BRRR
Outperform
2U price target raised to $100 from $92 at Barrington
Barrington analyst Alexander Paris raised his price target to $100 on 2U after the company's Q1 earnings beat and a FY18 guidance raise attributed to higher than expected enrollments in new short courses. The analyst keeps his Outperform rating, citing the company's superior growth rate and revenue growth visibility.
04/11/18
04/11/18
NO CHANGE

2U announces three leadership team promotions
2U announced three senior leadership team promotions: Harsha Mokkarala will become Chief Revenue Officer of 2U; David Sutphen will become Chief Strategy and Engagement Officer of 2U, and Andrew Hermalyn will become President of 2UGrad. The three will continue to report to CEO and co-founder Christopher Paucek.
08/13/18
BARD
08/13/18
NO CHANGE
Target $100
BARD
Outperform
2U weakness a buying opportunity, says Baird
Baird analyst Jeffrey Meuler said he remains confident in 2U's strong organic growth outlook and continues to view the shares as a core holding. The analyst views the recent weakness as a buying opportunity given DGP unit-level economics are good are increasingly being proven out. Meuler also said he is significantly more positive on GetSmarter, and said company has a best-in-class marketing capability. Meuler reiterated his Outperform rating and $100 price target on 2U shares.
08/03/18
BRRR
08/03/18
NO CHANGE
Target $100
BRRR
Outperform
2U offers superior revenue growth rate, says Barrington
Barrington analyst Alexander Paris kept his Outperform rating and $100 price target on 2U after its Q2 results, saying that the company's projected growth rate at 43% this year and 33% next year is much higher relative to its peer group's 23% and 22% respectively. The analyst notes however that at its current valuation, the stock is trading at 6.8-times his expected FY19 revenue vs. 7.3-times for the Ed Tech industry, adding that his price target assumes a 9.5-times multiple. Paris also raises his FY18 EPS view to (9c) from (12c).
VECO Veeco
$11.50

0.1 (0.88%)

04/19/18
NORL
04/19/18
INITIATION
Target $21
NORL
Outperform
Veeco initiated with an Outperform at Northland
Northland analyst Gus Richard started Veeco with an Outperform rating and $21 price target, citing his view that competitive pressure and the poor timing of its Ultratech acquisition are amply reflected in the stock's current valuation and that a decrease in bad news can result in the shares recovering.
08/03/18
BNCH
08/03/18
DOWNGRADE
BNCH
Hold
Veeco downgraded to Hold at Benchmark after oulook lowered
Benchmark analyst Mark Miller downgraded Veeco to Hold from Buy based on his belief that estimates are likely to continue to come down for some time after management lowered its outlook. After reporting Q2 results and issuing Q3 guidance yesterday, Veeco shares closed the day down 19.5% at $11.88.
04/19/18
04/19/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. 8x8, Inc. (EGHT) initiated with an Outperform at Oppenheimer. 2. NMI Holdings (NMIH) initiated with an Outperform at RBC Capital. 3. Select Energy Services (WTTR) initiated with a Buy at Seaport Global. 4. Epam Systems (EPAM) initiated with a Buy at SunTrust. 5. Veeco (VECO) initiated with an Outperform at Northland. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/03/18
BNCH
08/03/18
DOWNGRADE
BNCH
Hold
Veeco downgraded to Hold from Buy at Benchmark
MIME Mimecast
$38.63

-0.38 (-0.97%)

08/10/18
DBAB
08/10/18
NO CHANGE
Target $50
DBAB
Buy
Mimecast price target raised to $50 from $40 at Deutsche Bank
Deutsche Bank analyst Gray Powell raised his price target for Mimecast to $50 saying the company reported "solid" Q1 results despite currency headwinds and increased guidance on a constant currency basis. The analyst reiterates a Buy rating on the shares.
06/20/18
GSCO
06/20/18
UPGRADE
Target $53
GSCO
Buy
Mimecast upgraded to Buy with $53 price target at Goldman Sachs
Goldman Sachs analyst Gabriela Borges upgraded Mimecast to Buy from Neutral and raised her price target for the shares to $53 from $38. The company's share gain is accelerating on the back of an inflection in average order value, indicating momentum with moving up market, Borges tells investors in a research note. She believes the company "still has a good runway for share gain," and sees the potential for an expanding total addressable market as management executes on its medium-term roadmap. Further, she notes that Mimecast's free cash flow is inflecting higher and that relative to peers, the company's valuation has actually become more attractive.
06/20/18
GSCO
06/20/18
UPGRADE
Target $53
GSCO
Buy
Mimecast upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Gabriela Borges upgraded Mimecast to Buy and raised her price target for the shares to $53 from $38. The analyst sees the company's free cash flow inflecting amid improved unit economics.
05/15/18
NEED
05/15/18
NO CHANGE
Target $49
NEED
Buy
Mimecast price target raised to $49 from $46 at Needham
Needham analyst Alex Henderson raised his price target on Mimecast (MIME) to $49 and kept his Buy rating after its "strong" Q4 results and initial FY19 guidance. The analyst notes that the wider than expected loss was in part due to the costs around the company's move to Lexington headquarters. Henderson adds that the upcoming quarter will be the first under the ASC 606 model, which should weigh on revenues but also add "solidly" to operating margins. The analyst is also positive on Mimecast's expansion in Europe following a "smooth" build-out in Germany, while its partnership with Microsoft (MSFT) is not changing despite the comments made regarding security around Office 365.
QLYS Qualys
$85.35

-2.7 (-3.07%)

08/01/18
RBCM
08/01/18
NO CHANGE
Target $90
RBCM
Sector Perform
Qualys price target raised to $90 from $80 at RBC Capital
RBC Capital analyst Matthew Hedberg raised his price target on Qualys to $90 and kept his Sector Perform rating after the company's "solid" Q2 results that showed upside in most metrics. Hedberg is positive on the Qualys growth prospects but sees risk-reward as balanced at current valuation.
08/01/18
JPMS
08/01/18
NO CHANGE
Target $100
JPMS
Overweight
Qualys price target raised to $100 from $73 at JPMorgan
JPMorgan analyst Sterling Auty raised his price target for Qualys to $100 saying revenue growth in Q2 accelerated again to 23%, up from 22% last quarter. The quarter had 100 basis points of current tailwind, and the benefit of better than anticipated linearity, Auty tells investors in a post-earnings research note. The analyst increased this target multiple for the stock but keeps a Neutral rating on Qualys.
06/14/18
FANA
06/14/18
UPGRADE
Target $110
FANA
Overweight
Qualys upgraded to Overweight from Equal-Weight at First Analysis
First Analysis analyst Howard Smith upgraded Qualys to Overweight and raised his price target for the shares to $110 from $82. The company at its virtual analyst day offered a "compelling" view of its architecture and provided long-range guidance for revenue growth and EBITDA margin above expectations, Smith tells investors in a research note. He believes this allow for continued market outperformance of the shares, despite the "already lofty multiples."
06/14/18
NEED
06/14/18
NO CHANGE
Target $105
NEED
Buy
Qualys price target raised to $105 from $95 at Needham
Needham analyst Alex Henderson raised his price target on Qualys to $105 after the company's Analyst Day presentation "effectively raised guidance" by providing a long-term projections of over 20% top line growth. Henderson cites continued expansion of functionality driving the company's Security and Network management capabilities, while also "broadening the breadth of its VM security platforms" helping Qualys to sustain its "industry-leading profitability". The analyst keeps his Buy rating on Qualys.
ELLI Ellie Mae
$104.00

-1.03 (-0.98%)

06/21/18
JPMS
06/21/18
DOWNGRADE
Target $125
JPMS
Neutral
Ellie Mae downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Sterling Auty downgraded Ellie Mae to Neutral while raising his price target for the shares to $125 from $112. The analyst cites valuation for the downgrade with the shares up 30% year-to-date. He sees a "battleground" between the success Ellie Mae is having in gaining market share versus the headwinds that continue in the mortgage market.
07/27/18
ROTH
07/27/18
NO CHANGE
Target $100
ROTH
Neutral
Ellie Mae price target raised to $100 from $85 at Roth Capital
Roth Capital analyst Richard Baldry reiterated a Neutral rating on Elli Mae but raised his price target to $100 from $85 after the company reported "moderate" upside to Q2 EPS and revenue, but tells investors in a research note that the company's guidance left his Q3 revenue forecast cut. With weak Q2 active user adds, Baldry believes Elli Mae's valuation strength reflects broader SaaS sector strength rather than its execution.
06/01/18
KEYB
06/01/18
NO CHANGE
KEYB
Overweight
Fallout from Ellie Mae CFO departure should be minimal, says KeyBanc
KeyBanc analyst Brent Bracelin noted that Ellie Mae announced last night the departure of CFO Matt LaVay, stating that while a CFO departure typically increases near-term execution risk, he sees an internal controller being the replacement and the former CFO being an acting advisor limiting the potential fallout. Bracelin maintains an Overweight rating on Ellie Mae shares.
06/18/18
RBCM
06/18/18
NO CHANGE
Target $125
RBCM
Outperform
Ellie Mae price target raised to $125 from $106 at RBC Capital
RBC Capital analyst Ross MacMillan raised his price target on Ellie Mae to $125 and kept his Outperform rating citing his latest management discussions around the "industry environment, market share opportunity, and the monetization potential of new modules." The analyst notes that the management expects improved profitability and a seasonally stronger performance in Q2-Q3. In terms of the risk of industry consolidation, MacMillan says a customers would still owe a "contracted minimum for the contract duration in the event of a cancellation."
KLAC KLA-Tencor
$116.08

1.79 (1.57%)

08/13/18
STFL
08/13/18
NO CHANGE
STFL
Buy
3D NAND benefits equipment suppliers, advanced materials, says Stifel
Stifel analyst Patrick Ho tells investors in a research note that, following last week's Flash Memory Summit, the transition by the NAND industry to 96 layers and above will be the catalyst for a further step up in capital intensity trends for materials-enabled processes. He believes the comments and presentations that emerged from the conference continue to support his favorable view on names like Applied Materials (AMAT), KLA-Tencor (KLAC), Lam Reserach (LRCX) and MKS Instruments (MKSI), but believes another group that will benefit are materials/chemistries companies like Entegris (ENTG) and Versum Materials (VSM).
06/22/18
NEED
06/22/18
DOWNGRADE
NEED
Hold
KLA-Tencor downgraded to Hold from Buy at Needham
06/22/18
NEED
06/22/18
DOWNGRADE
NEED
Hold
KLA-Tencor downgraded to Hold at Needham on increased foundry investment risk
As reported earlier, Needham analyst Y. Edwin Mok downgraded KLA-Tencor (KLAC) to Hold from Buy, saying his recent checks indicate a heightened risk for slower foundry investments in the second half of 2018. Mok says he is still positive on the company's longer-term prospects, but its foundry delays and DRAM memory push-out reported by Samsung (SSNLF) will pressure earnings for the rest of the year while limiting near-term price appreciation.
06/13/18
EVER
06/13/18
NO CHANGE
EVER
Applied Materials selloff a buying opportunity, says Evercore ISI
Evercore ISI analyst CJ Muse said that while he does expect a near-term pause for Lam Research (LRCX) and thinks sentiment could be a headwind for the stock, he sees no risk to consensus estimates for peers including Applied Materials (AMAT), ASML (ASML) and KLA-Tencor (KLAC). In particular, he sees the selloff in Applied Materials as a "clear buying opportunity" and would be adding to positions today, Muse tells investors.
APPN Appian
$35.54

-1.77 (-4.74%)

06/20/18
RHCO
06/20/18
DOWNGRADE
RHCO
Hold
Appian downgraded to Hold on valuation at SunTrust
SunTrust analyst Terry Tillman downgraded Appian to Hold from Buy citing balanced risk/reward following recent share strength.
05/01/18
RHCO
05/01/18
UPGRADE
Target $35
RHCO
Buy
Appian upgraded to Buy at SunTrust on subscription revenue potential
As reported earlier, SunTrust analyst Terry Tillman upgraded Appian to Buy from Hold and kept his $35 price target. Tillman cites "exceptional customer and prospect feedback from last week's user conference", large total addressable market opportunity, and volatility in the stock price presenting a new entry opportunity. The analyst further notes that while the stock is not cheap at 7-times enterprise value to expected FY19 sales, he sees "significant upside" to subscription revenue and free cash flow estimates.
05/01/18
RHCO
05/01/18
UPGRADE
RHCO
Buy
Appian upgraded to Buy from Hold at SunTrust
03/12/18
03/12/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. LiveXLive Media (LIVX) initiated with an Outperform at JMP Securities. 2. Americold Realty Trust (COLD) initiated with a Neutral at Goldman Sachs. 3. Motus GI Holdings (MOTS) initiated with an Overweight at Piper Jaffray and an Outperform at Oppenheimer. 4. Fennec (FENC) initiated with an Outperform at Wedbush. 5. Appian (APPN) initiated with a Neutral at BTIG. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
DATA Tableau
$101.98

-1.76 (-1.70%)

08/03/18
UBSW
08/03/18
NO CHANGE
Target $130
UBSW
Buy
Tableau price target raised to $130 from $114 at UBS
UBS analyst Jennifer Lowe raised her price target on Tableau to $130 from $114 following Q2 results. The analyst noted the ratable license mix came in at the high end of guidance and she believes the model transition is becoming better understood while competitive fears have eased. Lowe reiterated her Buy rating on Tableau shares.
08/03/18
DBAB
08/03/18
NO CHANGE
Target $125
DBAB
Buy
Tableau target raised to $125 on 'solid' Q2 results at Deutsche Bank
Deutsche Bank analyst Karl Keirstead raised his price target for Tableau Software to $125 from $120 saying the company reported "solid" Q2 results that met, but didn't materially exceed, Street expectations. The analyst did not pick up any "downtick in Tableau's tone" on his post-earnings call with management. He keeps a Buy rating on the shares.
08/02/18
MUFG
08/02/18
NO CHANGE
Target $95
MUFG
Neutral
Tableau price target raised to $95 from $80 at MUFG
MUFG analyst Stephen Bersey raised his price target on Tableau to $95 after its Q2 earnings beat, saying the strong quarter was highlighted by enterprise demand and continued subscription transition momentum. Despite the short-term noise in ASC 606 accounting transition, the analyst states that Tableau's fundamentals are strong and the company is well positioned in the analytics space. Bersey keeps his Neutral rating on the stock.
08/01/18
DBAB
08/01/18
UPGRADE
Target $120
DBAB
Buy
Deutsche Bank upgrades Tableau to Buy ahead of Q2 results
Deutsche Bank analyst Karl Keirstead upgraded Tableau Software to Buy from Hold and raised his price target for the shares to $120 from $105 ahead of the company's Q2 results on Thursday. The analyst says his channel checks are increasingly flagging an improving overall demand backdrop for data analytics software. Tableau's "conservative" revenue guidance indicates the stock shares can "keep working from here," Keirstead tells investors in a research note.
EVBG Everbridge
$51.68

0.06 (0.12%)

06/15/18
NEED
06/15/18
NO CHANGE
Target $60
NEED
Buy
Everbridge price target raised to $60 from $50 at Needham
Needham analyst Scott Berg raised his price target on Everbridge to $60 after the company's analyst day, saying he is now more confident in its growth supported by the new Federal, International, and CEM opportunities. The analyst adds that near-term bookings assumptions could see upside from these drivers, sustaining the company's 30% revenue growth profile for a longer period than expected. Berg sees the announcement of a CEO transition potentially posing an overhang on the stock in the near term, but also expects the 12-18 month transition period to be sufficiently long to ensure a smooth handoff.
06/07/18
ADAM
06/07/18
NO CHANGE
Target $52
ADAM
Buy
Everbridge price target raised to $52 ahead of analyst day at Canaccord
Canaccord analyst Richard Davis raised his price target on Everbridge to $52 from $46 ahead of the company's analyst day. The analyst believes expectations are conservative, but even at the current growth rate and with little multiple expansion he thinks the shares can go up 25-30% over the next 12-18 months. The analyst also sees upside optionality later in the year as the company has been working for a couple of years to receive FedRamp certification, which can be gained by year end. Davis reiterated his Buy rating on Everbridge shares.
06/19/18
ADAM
06/19/18
NO CHANGE
Target $57
ADAM
Buy
Investors should own starter position in Everbridge, says Canaccord
After attending Everbridge's analyst day, Canaccord analyst Richard Davis said that although the stock is expensive like many software stocks, he believes investors should own at least a starter position. He sees potential in the future for multiple compression, but he sees the five-year trend line forecasting a low 20% revenue growth. If that happens, it makes Everbridge an exceptional investment, said Davis, who reiterated his Buy rating on the shares.
05/22/18
NEED
05/22/18
NO CHANGE
Target $50
NEED
Buy
Everbridge price target raised to $50 from $46 at Needham
Needham analyst Scott Berg raised his price target on Everbridge to $50 after meting with its CFO Ken Goldman. The analyst says he is now more confident that the company has "multiple opportunities" to outperform its FY18 guidance amid the positive sales force changes and given the favorable end-market dynamics. Berg keeps his Buy rating on Everbridge, adding that he is also positive on its "disciplined" approach to revenue growth while also anticipating further margin expansion in FY21.
PFPT Proofpoint
$116.51

-0.74 (-0.63%)

04/11/18
SPHN
04/11/18
NO CHANGE
Target $140
SPHN
Overweight
Proofpoint Q1 checks consistently positive, says Stephens
Stephens analyst Jonathan Ruykhaver increased his price target on Proofpoint to $140 from $115 ahead of the company's Q1 report, stating that his checks on underlying activity have been consistently positive and he thinks the momentum around competitive wins Emerging Products can drive upside in the quarter. He reiterate an Overweight rating on Proofpoint shares.
04/27/18
IMPC
04/27/18
NO CHANGE
IMPC
Proofpoint price target raised to $140 from $120 at Imperial Capital
Imperial Capital analyst Diane Sievert raised her price target on Proofpoint to $140 from $120 and maintained an Outperform rating on shares following the company's Q1 earnings results, which exceeded Imperial and consensus estimates. Sievert is looking for potential future earnings upside from Proofpoint emerging products, "which roughly doubled and accelerated to 20% of new and add-on business, up from 15% in the previous quarter."
04/24/18
NEED
04/24/18
NO CHANGE
Target $138
NEED
Buy
Proofpoint price target raised to $138 from $115 at Needham
Needham analyst Alex Henderson raised his price target on Proofpoint to $138 and kept his Buy rating after his week at the RSA Security Conference that reinforced the trends of strengthening demand, increased security spending amid digital transformation, and boards becoming more engaged around data breach risks and upcoming GDPR data protection regulations. Henderson says the "rising tide" of stronger security spending should drive more "beat and raise" quarters for the company and its premium valuation is "richly deserved" based on the "combination of strong growth, expanding margins, and improving cash flows".
04/11/18
04/11/18
NO CHANGE

Market mispricing cloud security opportuntity, says Morgan Stanley
Morgan Stanley analyst Melissa Franchi noted that the average security stock has significantly underperformed the broader software space over the past 3 years, which she attributes to bearishness on security vendors' ability to navigate the increased competitive threat from public cloud vendors and disruption as enterprises turn to decentralized and cloud-heavy architectures. However, her CIO survey work and industry conversations lead her to estimate third-party security vendors will realize 9% topline growth through 2020, while the consensus is only pricing in 5%. Franchi said she favors security vendors who are exposed to markets where the cloud drives higher security spending and have optimal business models for the cloud and identified Palo Alto Networks (PANW), Cisco (CSCO), Proofpoint (PFPT) and Sophos (SPHHF) as well-positioned vendors poised for outperformance. As previously reported, she also downgraded Fortinet (FTNT) to Equal Weight this morning.
CDNS Cadence Design
$45.37

0.16 (0.35%)

07/24/18
JPMS
07/24/18
NO CHANGE
Target $49
JPMS
Underweight
Cadence Design price target raised to $49 from $42 at JPMorgan
JPMorgan analyst Sterling Auty views Cadence Design Systems' Q2 results as "very solid" with the intellectual property business the standout performer once again. The analyst raised his price target for the shares to $49 from $42 and keeps an Underweight rating on the name. The big news from the quarter is the announcement that Cadence is pushing forward with a new cloud initiative to offer its products on a hosted basis within AWS, Azure and GCP, Auty tells investors in a research note. He believes, however, that the exact growth and profit ramifications will not be identifiable until the company finalizes its pricing model with customers across all solutions.
04/24/18
NEED
04/24/18
UPGRADE
NEED
Buy
Cadence Design upgraded to Buy from Hold at Needham
04/24/18
NEED
04/24/18
UPGRADE
Target $47
NEED
Buy
Cadence Design upgraded to Buy at Needham after Q1 earnings beat
As noted earlier, Needham analyst Richard Valera upgraded Cadence Design to Buy from Hold with a $47 price target after yesterday's "strong beat-and-raise" quarter that produced a 10% rise in the stock price afterhours. Valera notes that despite the spike, shares are still 10% down from recent highs, even though FY18 revenue growth is now estimated at 8% vs. 7% prior view. The analyst recommends the stock based on its "still-reasonable valuation" with underpinnings of "strong design activity in verticals such as machine learning, auto, mobile and Internet of Things", as well as the likelihood of continued share gains in digital, and a reinvigorated Verification business.
07/24/18
DADA
07/24/18
NO CHANGE
Target $52
DADA
Buy
Cadence Design price target raised to $52 from $47 at DA Davidson
DA Davidson analyst Thomas Diffely raised his price target on Cadence Design to $52 and kept his Buy rating after is "solid beat and raise" quarter, along with boosting its 2018 growth rate projection above that of 2017. The analyst notes the company is a "key beneficiary" of increased design activity in the emerging data driven economy, lifted by the technology waves of AI, big data, 5G, automotive, internet of things, etc. Diffely further states that Cadence Design's Cloud product portfolio gives it a first mover advantage with signs of solid customer adoption, while its execution and cash generation are also improving.
AVLR Avalara
$38.41

-4.03 (-9.50%)

07/16/18
JMPS
07/16/18
NO CHANGE
JMPS
Market Perform
Etsy comments hint at possible competitive moat for Avalara, says JMP Securities
After reviewing the South Dakota v. Wayfair Supreme Court opinion and some of the related Amicus Curiae briefs, JMP Securities analyst Patrick Walravens highlighted a comment from Etsy's (ETSY) brief that concluded that "given this complexity [of mapping thousands of tax codes to millions of unique products], it is doubtful that a software fix ever can be developed." Rather than doubting that a software solution can ever be developed, Walravens said he views the complexity referenced by Etsy as the market opportunity and potential competitive moat for Avalara, he tells investors. Still, Walravens believes Avalara is currently fairly valued and maintains his Market Perform rating on the shares.
07/10/18
STFL
07/10/18
INITIATION
Target $44
STFL
Hold
Avalara initiated with a Hold at Stifel
Stifel analyst Brad Reback initiated Avalara with a Hold rating and $44 price target, stating that he believes the company has a large and underpenetrated market opportunity and unique go-to-market approach, but he also believes all of this is fully reflected in the current share price.
07/10/18
KEYB
07/10/18
INITIATION
KEYB
Sector Weight
Avalara initiated with a Sector Weight at KeyBanc
KeyBanc analyst Brent Bracelin started Avalara with a Sector Weight rating on valuation given investor optimism has been reflected in a share price that has risen 98% since the IPO. Nonetheless, the analyst has a bullish medium- to long-term view on Avalara based on its leadership in cloud software for sales tax compliance, differentiated tax content and software integrations, large $8B addressable market with less than 2% penetration, and long runway to sustain 20%-plus annual growth for the next decade.
07/10/18
JMPS
07/10/18
INITIATION
JMPS
Market Perform
Avalara initiated with a Market Perform at JMP Securities
JMP Securities analyst Patrick Walravens started Avalara with a Market Perform rating, stating that the story includes a number of positive elements, but also noting that the stock is up 98% from its IPO price due to investor optimism about the U.S. Supreme Court decision on online sales tax collection. Given the run-up since the court decision, Walravens sees Avalara shares as fairly valued, he tells investors in his initiation note.
GTT GTT Communications
$35.25

2.45 (7.47%)

08/06/18
BWSF
08/06/18
INITIATION
Target $5
BWSF
Sell
BWS starts GTT Communications with Sell rating, $5 price target
BWS Financial analyst Hamed Khorsand initiated coverage of GTT Communications with a Sell rating and $5 price target. The stock in morning trading is down 5.5%, or $2.23, to $38.18. GTT "has been rolling up Internet backbone companies in an effort to enhance its scale and presence in the industry, but it has come at a cost they can no longer afford," Khorsand tells investors in a research note. The analyst points out that GTT over 11 years has completed over 30 acquisitions. The company now has $3.2B in debt and has yet to report quarter where cash flow from operations would be able to cover capex, interest expense, and enough to make a principal debt payment, according to Khorsand. He believes the company's debt balance "could leave little value for the equity"
07/19/18
JEFF
07/19/18
NO CHANGE
Target $62
JEFF
Buy
GTT shares have over 35% upside potential, says Jefferies
Jefferies analyst Scott Goldman believes that with the acquisition of Interoute, GTT Communications has become a "much more formidable enterprise player that continues to gain recognition on a global scale." The analyst views concerns over leverage and organic growth as short-sighted and continues to like the shares at current levels. He sees more than 35% upside potential to his $62 price target and keeps a Buy rating on GTT Communications.
08/06/18
WBLR
08/06/18
NO CHANGE
WBLR
Outperform
GTT Communications selloff Friday a buying opportunity, says William Blair
William Blair analyst Jim Breen views the 14% pullback in shares of GTT Communications on Friday as a buying opportunity. The analyst understands concerns around the company's recently elevated debt levels to fund the Interoute acquisition, as well as margin weakness and a slight sequential revenue decline in the quarter. The analyst, however, expects GTT to resume organic growth in the second half of the year. Further, with expanding margins and low capital-expenditure requirements, he estimates its free cash flow will continue to increase. Breen keeps an Outperform rating on GTT Communications and notes the Interoute acquisition will nearly double the size of the total company.
08/06/18
BWSF
08/06/18
INITIATION
Target $5
BWSF
Sell
GTT Communications initiated with a Sell at BWS Financial
Target $5.
TLND Talend
$58.66

-0.17 (-0.29%)

06/28/18
06/28/18
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. Air Transport Services (ATSG) upgraded to Buy from Hold at Stifel with analyst David Ross saying shares are attractive at current levels given long-term growth prospects. 2. T-Mobile (TMUS) upgraded to Outperform from Market Perform at Wells Fargo with analyst Jennifer Fritzsche stating that recent conversations with some of his DC contacts have made him more optimistic that a deal to merge with Sprint (S) could be approved. 3. Talend (TLND) upgraded to Buy from Neutral at with analyst Tyler Radke saying a survey of Chief Data Officers shows "strong spending signals" while the company's competitive backdrop is favorable amid "increasing cloud tailwinds". 4. Regions Financial (RF) upgraded to Neutral from Underperform at Baird with analyst David George citing the recent pullback, which he thinks has made the valuation more reasonable. 5. Twilio (TWLO) upgraded to Buy from Hold at Argus with analyst Jim Kelleher saying the pullback in the stock price has created a more favorable entry point. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/28/18
SBSH
06/28/18
UPGRADE
Target $72
SBSH
Buy
Talend upgraded to Buy from Neutral at Citi
Citi analyst Tyler Radke upgraded Talend to Buy from Neutral and raised his price target for the shares to $72 from $50 after taking over coverage from Walter Pritchard. A survey of Chief Data Officers shows "strong spending signals" while the company's competitive backdrop is favorable amid "increasing cloud tailwinds," Radke tells investors in a research note.
08/07/18
NEED
08/07/18
NO CHANGE
Target $71
NEED
Buy
Talend price target raised to $71 from $64 at Needham
Needham analyst Jack Andrews raised his price target on Talend to $71 and kept his Buy rating after its "solid" Q2 earnings beat and raised FY18 revenue outlook in spite of the FX headwinds. Andrews notes that while the company reduced its earnings outlook, the revision was attributed to continued investments within the "rapidly expanding market", also citing the company's cloud migration business momentum.
08/07/18
KEYB
08/07/18
NO CHANGE
Target $61
KEYB
Overweight
Talend price target lowered to $61 from $66 at KeyBanc
KeyBanc analyst Brent Bracelin lowered his price target for Talend to $61 from $66 on increasing execution risk. The analyst notes that while Q2 revenue beat by $1M on 39% year over year growth, adjusting for FX, growth slowed to 34% versus 35% last quarter. Upside was driven by outsized growth in cloud-based services that increased by triple digits, but this strength was partially offset by an eroding big data pipeline that is being impacted as enterprises migrate on-premise Hadoop clusters to cloud-based offerings, he adds. Bracelin reiterates an Overweight rating on the shares.
NEWR New Relic
$103.94

-1.83 (-1.73%)

07/17/18
07/17/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Ambarella (AMBA) initiated with a Neutral at BofA/Merrill. 2. New Relic (NEWR) initiated with a Hold at Argus. 3. Adecogro (AGRO) initiated with a Buy at Santander. 4. ElectroCore (ECOR) initiated with a Buy at BTIG and an Outperform at JMP Securities. 5. Apergy (APY) initiated with a Buy at Jefferies. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/17/18
ARGS
07/17/18
INITIATION
ARGS
Hold
New Relic initiated with a Hold at Argus
Argus analyst Joseph Bonner initiated New Relic at Hold, saying the company stands to benefit from the growing market of data analytics and the transition of enterprise IT to more application and cloud-centric formats, but the management needs to demonstrate its ability to ramp up sales and capture market share. The analyst also notes the company's high valuation, with trailing enterprise value to revenue multiple of 16.5-times being "well above the high end of the four-year historical average range of 8-11-times". Bonner further points to New Relic's history of operating losses, though he also notes that the company has just posted its first operating profit in the December 2017 quarter.
08/08/18
WEDB
08/08/18
NO CHANGE
Target $126
WEDB
Outperform
New Relic price target raised to $126 from $116 at Wedbush
Wedbush analyst Steve Koenig raised his price target for New Relic to $126 from $116 as its Q2 showed sustained momentum and strong performance in enterprise accounts. The analyst reiterates an Outperform rating on the 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).
PAYC Paycom
$134.57

-1.195 (-0.88%)

07/30/18
RBCM
07/30/18
NO CHANGE
Target $115
RBCM
Sector Perform
Paycom price target raised to $115 from $90 at RBC Capital
RBC Capital analyst Ross MacMillan raised his price target on Paycom to $115 ahead of its Q2 earnings, saying there is upside to consensus estimates coming from "steady employment growth, float income tailwind and relatively conservative margin guidance". The analyst adds that his price target change is driven by the roll of his financial model into FY20, but also keeps his Sector Perform rating longer term on concerns around decelerating growth and moderating margin expansion.
08/01/18
OPCO
08/01/18
NO CHANGE
Target $127
OPCO
Outperform
Paycom price target raised to $127 from $120 at Oppenheimer
Oppenheimer analyst Brian Schwartz raised his price target for Paycom to $127 from $120 after the company reported an "excellent" Q2 marked by a meaningful uptick to cash flow growth and to the revenue and EBITDA beat-and-raise trends, which support the company valuation. On balance, the analyst believes the Q3 growth guidance implies little sequential growth, but may prove conservative since management commentary indicated no unusual activity in the Q2 deals or revenue pull-forward. He reiterates an Outperform rating on the shares.
07/19/18
07/19/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Clorox (CLX) initiated with a Sell at UBS. 2. Cree (CREE) initiated with a Neutral at Nomura Instinet. 3. Paycom (PAYC) initiated with a Buy at Needham. 4. Lonestar Resources (LONE) initiated with a Buy at SunTrust. 5. ON Semiconductor (ON) initiated with a Buy at Nomura Instinet. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/18
FBCO
08/01/18
NO CHANGE
Target $110
FBCO
Neutral
Paycom price target raised to $110 from $95 at Credit Suisse
Credit Suisse analyst Brad Zelnick raised his price target for Paycom to $110 from $95 after the company reported "strong" Q2 results, with top-line reacceleration and continued operating leverage. The analyst reiterates a Neutral rating on the shares.
WIX Wix.com
$104.05

-2.15 (-2.02%)

07/26/18
RHCO
07/26/18
NO CHANGE
Target $120
RHCO
Buy
Wix.com price target raised to $120 from $105 at SunTrust
SunTrust analyst Naved Khan raised his price target on Wix.com to $120 and kept his Buy rating after a beat and raise quarter that also showed strength in conversions, retention, and subscription growth operating metrics. The analyst is also positive on the company's penchant for innovation, potential for improvement in conversions/ARPU, as well as the promising launch of Wix Code.
07/30/18
RSBL
07/30/18
INITIATION
Target $78
RSBL
Neutral
Wix.com initiated with a Neutral at Rosenblatt
Rosenblatt analyst Mark Zgutowicz initiated Wix.com with a Neutral and $78 price target saying there is little visibility into a long-term scalable model.
07/26/18
KEYB
07/26/18
NO CHANGE
Target $133
KEYB
Overweight
Wix.com price target raised to $133 from $103 at KeyBanc
KeyBanc analyst Alyssa Johnson raised her price target for Wix.com to $133 from $103 as upcoming product potential warrants optimism. With Code pricing not released or baked into guidance, the analyst believes there is still further upside potential over a multiyear period. He reiterates an Overweight rating on the shares.
07/30/18
07/30/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. ADMA Biologics (ADMA) initiated with a Buy at Chardan. 2. Alta Mesa Resources (AMR) initiated with a Buy at Guggenheim. 3. Azure Power (AZRE) initiated with an Outperform at JMP Securities. 4. Exela Technologies (XELA) initiated with a Buy at Nomura Instinet. 5. Wix.com (WIX) initiated with a Neutral at Rosenblatt. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
BL BlackLine
$46.58

-1.11 (-2.33%)

03/19/18
RHCO
03/19/18
DOWNGRADE
RHCO
Hold
BlackLine downgraded to Hold from Buy at SunTrust
03/19/18
RHCO
03/19/18
DOWNGRADE
Target $42
RHCO
Hold
BlackLine downgraded to Hold at SunTrust on valuation
As reported earlier, SunTrust analyst Terry Tillman downgraded BlackLine to Hold from Buy with an unchanged price target of $42. Tillman says that while he remains positive on the company's position in cloud-based finance and accounting, the recent gains in the stock price have made the risk-reward less compelling. The analyst adds that he and the Street are modeling a "notable" deceleration in growth in 2018-2019, calling the stock price "fully valued" while awaiting the next pullback opportunity.
03/12/18
KEYB
03/12/18
NO CHANGE
Target $52
KEYB
Overweight
BlackLine price target raised to $52 from $46 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for BlackLine to $52 saying partners at the company's user group in San Francisco were increasingly bullish about expanding practices around Intercomany Hub driven by new regulatory and global tax changes. The analyst views BlackLine as a "core cloud software company to own" that is just "starting to scratch the surface" of an $18.5B total addressable market. He keeps an Overweight rating on the shares.
04/05/18
JMPS
04/05/18
NO CHANGE
Target $45
JMPS
Outperform
Under Armour may be adopting BlackLine ICH product, says JMP Securities
JMP Securities analyst Patrick Walravens noted that Under Armour (UAA) posted an open position on its careers website that included language that leads him to believe the sports apparel maker may be adopting BlackLine's (BL) Intercompany Hub, or ICH, product. BlackLine previously commented on its Q4 call that it closed "multiple" ICH deals, but did not disclose any company names associated with those deals, noted Walravens, who keeps an Outperform rating and $45 price target on BlackLine shares.
ADS Alliance Data
$227.34

-0.365 (-0.16%)

08/07/18
JEFF
08/07/18
INITIATION
Target $280
JEFF
Buy
Alliance Data assumed with a Buy at Jefferies
Jefferies analyst Surinder Thind assumed coverage of Alliance Data with a Buy rating and $280 price target. The company's long-term business fundamentals are intact but are being masked by a number of transitory events, Thind tells investors in a research note. He expects the stock's forward price-to-earnings multiple to re-rate from 9 times currently to 11 times as the headwinds dissipate.
08/07/18
08/07/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Broadcom (AVGO) reinstated with an Overweight at Barclays. 2. ObsEva (OBSV) initiated with an Outperform at Wedbush. 3. Deciphera (DCPH) initiated with a Buy at Canaccord. 4. Alliance Data (ADS) assumed with a Buy at Jefferies. 5. Hermes (HESAY) initiated with an Equal Weight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/18/18
JPMS
07/18/18
NO CHANGE
Target $264
JPMS
Neutral
JPMorgan 'incrementally positive' on Alliance Data into earnigns
JPMorgan analyst Reginald Smith keeps a Neutral rating on Alliance Data but is "incrementally positive" on the shares into the company's Q2 results on July 19. The analyst raised his estimates and sees upside to management's prior Q2 outlook given commentary at investor conferences last month. He cites Alliance Data's relative valuation and potential for improved credit metrics for his incrementally positive stance. Smith, however, awaits "more consistency before getting more constructive on the name."
07/17/18
WOLF
07/17/18
INITIATION
Target $290
WOLF
Outperform
Alliance Data initiated with an Outperform at Wolfe Research
Wolfe Research analyst Darrin Peller initiated Alliance Data with an Outperform and $290 price target.
FEYE FireEye
$14.85

-0.22 (-1.46%)

07/09/18
PIPR
07/09/18
UPGRADE
Target $20
PIPR
Overweight
FireEye upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski upgraded FireEye to Overweight and raised his price target for the shares to $20 from $17. The analyst sees improving demand trends for FireEye following his firm's Q2 security reseller survey.
07/09/18
PIPR
07/09/18
UPGRADE
Target $20
PIPR
Overweight
Piper Jaffray upgrades FireEye to Overweight on improving demand trends
Piper Jaffray analyst Andrew Nowinski upgraded FireEye (FEYE) to Overweight from Neutral and raised his price target for the shares to $20 from $17. The cybersecurity company closed Friday up 28c to $15.98. A recent round of channel checks showed a "significant improvement" in demand trends for the company, Nowinski tells investors in a research note. The analyst's contacts noted that FireEye's new pricing bundles are having a positive impact on overall demand trends, which he believes is sustainable and will drive positive operating income and free cash flow starting in Q3. Nowinski believes FireEye's current valuation represents an attractive entry point.
07/09/18
07/09/18
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. FireEye (FEYE) upgraded to Overweight from Neutral at Piper Jaffray with analyst Andrew Nowinski saying a recent round of channel checks showed a "significant improvement" in demand trends for the company. 2. BP (BP) upgraded to Top Pick from Outperform at RBC Capital with analyst Biraj Borkhataria saying the company's visibility for volume growth will lead to higher cash flows from operations. 3. Capital One (COF) upgraded to Outperform from Perform at Oppenheimer with analyst Ben Chittenden saying the delinquency formation is improving and Q2 expectations seem too low to him. 4. Dunkin' Brands (DNKN) upgraded to Neutral from Underperform at Longbow with analyst Alton Stump saying his conversations with U.S. franchisees lead him to believe the company's Q2 same-store sales rose 0.5-1.0%, which would be in-line with the consensus view and slightly better than his prior forecast for them to have been flat with last year. 5. Baidu (BIDU) upgraded to Outperform from Neutral at Credit Suisse and to Overweight from Sector Weight at KeyBanc. 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

OIH

Oil Services Holders Trust

$16.23

-0.23 (-1.40%)

12:30
12/11/18
12/11
12:30
12/11/18
12:30
Options
VanEck Vectors Oil Services ETF calls active as shares probe 52-week lows »

VanEck Vectors Oil…

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

SERV

ServiceMaster

$41.14

0.11 (0.27%)

12:25
12/11/18
12/11
12:25
12/11/18
12:25
Conference/Events
ServiceMaster to host investor day »

Investor meeting to be…

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

  • 11

    Dec

  • 13

    Dec

CRM

Salesforce

$137.57

0.28 (0.20%)

12:23
12/11/18
12/11
12:23
12/11/18
12:23
Conference/Events
Salesforce management to meet with Goldman Sachs »

Alex Dayon, President and…

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

  • 11

    Dec

  • 19

    Dec

  • 20

    Dec

  • 03

    Mar

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$264.35

0.26 (0.10%)

12:22
12/11/18
12/11
12:22
12/11/18
12:22
General news
Trump threatens government shutdown with no boarder wall funding »

"I will be the one…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$264.35

0.26 (0.10%)

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

TSLA

Tesla

$368.88

3.685 (1.01%)

, VLKAY

Volkswagen

$0.00

(0.00%)

12:22
12/11/18
12/11
12:22
12/11/18
12:22
Periodicals
China agrees to reduce U.S. auto tariff to 15% from 40%, WSJ reports »

China's top point…

TSLA

Tesla

$368.88

3.685 (1.01%)

VLKAY

Volkswagen

$0.00

(0.00%)

DDAIF

Daimler AG

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$120.68

-0.19 (-0.16%)

F

Ford

$8.57

0.045 (0.53%)

HMC

Honda

$26.82

0.005 (0.02%)

GM

General Motors

$35.40

0.97 (2.82%)

FCAU

Fiat Chrysler

$15.43

0.1 (0.65%)

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

  • 13

    Dec

  • 07

    Jan

  • 23

    Jan

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

TWI

Titan International

$5.47

-0.06 (-1.09%)

12:19
12/11/18
12/11
12:19
12/11/18
12:19
Conference/Events
Titan International management to meet with Sidoti »

Meeting to be held in New…

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

  • 14

    Dec

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
12/11/18
12/11
12:17
12/11/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
12/11/18
12/11
12:16
12/11/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

HY

Hyster-Yale Materials

$62.30

1.38 (2.27%)

12:15
12/11/18
12/11
12:15
12/11/18
12:15
Conference/Events
Hyster-Yale Materials management to meet with Sidoti »

Meetings to be held in…

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

  • 13

    Dec

  • 14

    Dec

12:15
12/11/18
12/11
12:15
12/11/18
12:15
General news
Treasury Action: Treasuries are picking up a bid »

Treasury Action:…

DDAIF

Daimler AG

$0.00

(0.00%)

, VLKAY

Volkswagen

$0.00

(0.00%)

12:11
12/11/18
12/11
12:11
12/11/18
12:11
Periodicals
China agreed to reduce tariffs on U.S. autos to 15% from 40%, WSJ reports »

China agreed to reduce…

DDAIF

Daimler AG

$0.00

(0.00%)

VLKAY

Volkswagen

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$120.71

-0.16 (-0.13%)

F

Ford

$8.63

0.105 (1.23%)

HMC

Honda

$26.93

0.115 (0.43%)

GM

General Motors

$35.63

1.2 (3.49%)

FCAU

Fiat Chrysler

$15.52

0.19 (1.24%)

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

  • 13

    Dec

  • 07

    Jan

  • 23

    Jan

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

SSD

Simpson Manufacturing

$54.85

-0.05 (-0.09%)

12:08
12/11/18
12/11
12:08
12/11/18
12:08
Conference/Events
Simpson Manufacturing management to meet with Sidoti »

Meeting to be held in Los…

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

  • 13

    Dec

AKBA

Akebia

$9.14

0.26 (2.93%)

, KERX

Keryx

$3.39

0.09 (2.73%)

12:06
12/11/18
12/11
12:06
12/11/18
12:06
Hot Stocks
Keryx stockholders approve merger with Akebia Therapeutics »

Keryx Biopharmaceuticals…

AKBA

Akebia

$9.14

0.26 (2.93%)

KERX

Keryx

$3.39

0.09 (2.73%)

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

  • 11

    Dec

  • 11

    Dec

CZR

Caesars

$7.24

0.02 (0.28%)

12:05
12/11/18
12/11
12:05
12/11/18
12:05
Hot Stocks
Caesars in $156M Phase 2 of Flamingo Las Vegas renovation »

Caesars says…

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

URBN

Urban Outfitters

$35.42

-2.28 (-6.05%)

12:05
12/11/18
12/11
12:05
12/11/18
12:05
Options
Urban Outfitters call volume above normal and directionally bullish »

Bullish option flow…

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

KERX

Keryx

$3.39

0.09 (2.73%)

, AKBA

Akebia

$9.14

0.26 (2.93%)

12:05
12/11/18
12/11
12:05
12/11/18
12:05
Hot Stocks
Akebia Therapeutics shareholders approve merger with Keryx »

Akebia Therapeutics…

KERX

Keryx

$3.39

0.09 (2.73%)

AKBA

Akebia

$9.14

0.26 (2.93%)

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

  • 11

    Dec

  • 11

    Dec

TCMD

Tactile Systems

$52.20

-0.91 (-1.71%)

12:04
12/11/18
12/11
12:04
12/11/18
12:04
Conference/Events
Tactile Systems management to meet with Sidoti »

Meeting to be held in…

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

  • 13

    Dec

TSG

The Stars Group

$17.45

0.11 (0.63%)

12:03
12/11/18
12/11
12:03
12/11/18
12:03
Hot Stocks
NBA announces The Stars Group as authorized gaming operator »

The National Basketball…

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

T

AT&T

$30.07

0.16 (0.53%)

, VZ

Verizon

$58.84

0.57 (0.98%)

12:02
12/11/18
12/11
12:02
12/11/18
12:02
OnTheFly
Fly Intel: Wall Street's top stories at midday »

Stocks were sharply…

T

AT&T

$30.07

0.16 (0.53%)

VZ

Verizon

$58.84

0.57 (0.98%)

GM

General Motors

$35.70

1.27 (3.69%)

F

Ford

$8.64

0.115 (1.35%)

DELL

Dell Technologies

$0.00

(0.00%)

DVMT

Dell Technologies

$104.38

0.25 (0.24%)

WPP

WPP

$52.91

1.78 (3.48%)

ASNA

Ascena Retail

$3.43

0.7 (25.64%)

DSW

DSW

$25.27

2.23 (9.68%)

CAMP

CalAmp

$14.36

-2.66 (-15.63%)

SFIX

Stitch Fix

$18.50

-7.42 (-28.63%)

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

  • 11

    Dec

  • 11

    Dec

  • 11

    Dec

  • 11

    Dec

  • 13

    Dec

  • 20

    Dec

  • 23

    Jan

  • 30

    Jan

  • 07

    Mar

  • 20

    Mar

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

VZ

Verizon

$58.85

0.58 (1.00%)

, NFLX

Netflix

$269.40

-0.4 (-0.15%)

12:01
12/11/18
12/11
12:01
12/11/18
12:01
Hot Stocks
Verizon introduces Fios TV One service, includes Netflix integration »

Verizon (VZ) has begun…

VZ

Verizon

$58.85

0.58 (1.00%)

NFLX

Netflix

$269.40

-0.4 (-0.15%)

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

UGAZ

VelocityShares 3x Long Natural Gas ETN

$138.50

-13.55 (-8.91%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
VelocityShares 3x Long Natural Gas ETN falls -8.6% »

VelocityShares 3x Long…

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

ARMK

Aramark

$31.50

-3.98 (-11.22%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
Aramark falls -11.7% »

Aramark is down -11.7%,…

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

  • 11

    Dec

MLCO

Melco Resorts & Entertainment

$17.74

0.73 (4.29%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Initiation
Melco Resorts & Entertainment initiated  »

Melco Resorts &…

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

NX

Quanex

$11.91

-2.14 (-15.23%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
Quanex falls -15.3% »

Quanex is down -15.3%, or…

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

  • 11

    Dec

DSW

DSW

$24.98

1.94 (8.42%)

12:00
12/11/18
12/11
12:00
12/11/18
12:00
Hot Stocks
DSW rises 8.2% »

DSW is up 8.2%, or $1.90…

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

  • 11

    Dec

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.