Breaking News Instant updates and real-time market news.

SWCH

Switch

$13.96

-0.11 (-0.78%)

08:27
08/14/18
08/14
08:27
08/14/18
08:27

Switch price target lowered to $12 from $15 at Jefferies

Jefferies analyst Scott Goldman lowered his price target for Switch to $12 saying the magnitude of the guidance cut is surprising, and implies virtually no incremental growth in the second half of 2018. The analyst is inclined to believe the outlook is conservative, but adds that "visibility is weak and the track record spotty." He maintains a Hold rating on shares of Switch.

SWCH Switch
$13.96

-0.11 (-0.78%)

08/13/18
RAJA
08/13/18
DOWNGRADE
RAJA
Market Perform
Switch downgraded to Market Perform from Outperform at Raymond James
08/14/18
JPMS
08/14/18
DOWNGRADE
Target $13
JPMS
Neutral
Switch downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Richard Choe downgraded Switch to Neutral and lowered his price target for the shares to $13 from $17. The analyst cites slower revenue growth and lower margins after the company missed expectations in Q2 and reduced its outlook for fiscal 2018.
08/14/18
BTIG
08/14/18
DOWNGRADE
BTIG
Neutral
Switch downgraded to Neutral from Buy at BTIG
BTIG analyst Edward Parker downgraded Switch to Neutral after its Q2 earnings miss and reduced FY18 guidance attributed to the timing of several large deals closing later than expected. The analyst notes that while the management cites customers taking more time to evaluate the design of their hybrid cloud infrastructure in making the decision to upgrade, he is "unclear" on why the upgrade to the "elite hybrid offering" is necessary from Switch's existing offerings, even though he maintains his view that the company provides "differentiated technology". Longer term, Parker states that Switch stock needs to "find a floor" and for the company to deliver more consistent results to regain investor confidence.
08/14/18
SBSH
08/14/18
NO CHANGE
Target $16
SBSH
Buy
Switch Buy thesis 'mostly intact' after guide-down, says Citi
Citi analyst Michael Rollins keeps a Buy rating on Switch after the company reduced its 2018 guidance on lengthening sales and install cycles. The analyst believes his thesis is still "mostly intact" given the "underlying value of the core campus" and Switch's financial flexibility to improve shareholder returns. The analyst has a $16 price target for the shares.

TODAY'S FREE FLY STORIES

BMHC

Building Materials Holding

$0.00

(0.00%)

, OC

Owens Corning

$45.99

-1.57 (-3.30%)

06:51
12/12/18
12/12
06:51
12/12/18
06:51
Downgrade
Building Materials Holding, Owens Corning rating change  »

Barclays downgrades BMC…

BMHC

Building Materials Holding

$0.00

(0.00%)

OC

Owens Corning

$45.99

-1.57 (-3.30%)

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

SSNLF

Samsung

$0.00

(0.00%)

06:50
12/12/18
12/12
06:50
12/12/18
06:50
Periodicals
Samsung to shutdown one of its mobile phone plants in China, Reuters reports »

Samsung will end…

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

MNK

Mallinckrodt

$20.95

0.28 (1.35%)

06:50
12/12/18
12/12
06:50
12/12/18
06:50
Hot Stocks
Mallinckrodt subsidiary receives CRL from FDA for Roxicodon tablets NDA »

SpecGx, a subsidiary of…

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

  • 12

    Dec

06:45
12/12/18
12/12
06:45
12/12/18
06:45
General news
Breaking General news story  »

Week of 12/7 MBA Mortgage…

FLR

Fluor

$33.82

-1.89 (-5.29%)

06:44
12/12/18
12/12
06:44
12/12/18
06:44
Downgrade
Fluor rating change  »

Fluor downgraded 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

NFX

Newfield Exploration

$15.59

-0.03 (-0.19%)

06:44
12/12/18
12/12
06:44
12/12/18
06:44
Downgrade
Newfield Exploration rating change  »

Newfield Exploration…

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

PXD

Pioneer Natural

$138.63

-2.01 (-1.43%)

06:44
12/12/18
12/12
06:44
12/12/18
06:44
Downgrade
Pioneer Natural rating change  »

Pioneer Natural…

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

    Feb

IBM

IBM

$120.88

-0.25 (-0.21%)

, ORCL

Oracle

$46.47

-0.21 (-0.45%)

06:43
12/12/18
12/12
06:43
12/12/18
06:43
Periodicals
GAO rejects IBM's challenge to Pentagon's $10B cloud contract, Bloomberg reports »

The U.S. Government…

IBM

IBM

$120.88

-0.25 (-0.21%)

ORCL

Oracle

$46.47

-0.21 (-0.45%)

AMZN

Amazon.com

$1,643.50

3.13 (0.19%)

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

  • 17

    Dec

  • 19

    Dec

  • 20

    Dec

  • 03

    Mar

O

Realty Income

$66.30

0.58 (0.88%)

06:40
12/12/18
12/12
06:40
12/12/18
06:40
Upgrade
Realty Income rating change  »

Realty Income 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

FRT

Federal Realty

$133.31

0.43 (0.32%)

06:40
12/12/18
12/12
06:40
12/12/18
06:40
Downgrade
Federal Realty rating change  »

Federal Realty 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

  • 14

    Feb

MAR

Marriott

$110.04

-0.78 (-0.70%)

06:39
12/12/18
12/12
06:39
12/12/18
06:39
Downgrade
Marriott rating change  »

Marriott 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

HTHIY

Hitachi

$0.00

(0.00%)

, ABB

ABB

$18.87

-0.08 (-0.42%)

06:39
12/12/18
12/12
06:39
12/12/18
06:39
Periodicals
Hitachi in final stages of preparing bid for ABB unit, Nikkei reports »

Hitachi (HTHIY) is in the…

HTHIY

Hitachi

$0.00

(0.00%)

ABB

ABB

$18.87

-0.08 (-0.42%)

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

See Street Research during your Free Trial

  • 23

    May

H

Hyatt

$67.43

-1.41 (-2.05%)

06:39
12/12/18
12/12
06:39
12/12/18
06:39
Downgrade
Hyatt rating change  »

Hyatt 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

HST

Host Hotels

$17.97

-0.13 (-0.72%)

06:39
12/12/18
12/12
06:39
12/12/18
06:39
Downgrade
Host Hotels rating change  »

Host Hotels 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

USDP

USD Partners

$10.27

-0.23 (-2.19%)

06:38
12/12/18
12/12
06:38
12/12/18
06:38
Hot Stocks
USD Partners enters into new Casper Terminal pipeline construction contract »

USD Partners has entered…

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

NDLS

Noodles & Company

$7.31

-0.12 (-1.62%)

06:38
12/12/18
12/12
06:38
12/12/18
06:38
Conference/Events
Noodles & Company management to meet with Piper Jaffray »

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

  • 12

    Dec

RNSDF

Renault

$0.00

(0.00%)

, NSANY

Nissan

$0.00

(0.00%)

06:36
12/12/18
12/12
06:36
12/12/18
06:36
Periodicals
Renault tells Nissan to stop contacting board members, Reuters reports »

Renault (RNSDF) has told…

RNSDF

Renault

$0.00

(0.00%)

NSANY

Nissan

$0.00

(0.00%)

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

  • 07

    Jan

UIS

Unisys

$12.72

-0.32 (-2.45%)

06:36
12/12/18
12/12
06:36
12/12/18
06:36
Recommendations
Unisys analyst commentary  »

Unisys price target…

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

See Street Research during your Free Trial

ACIU

AC Immune

$11.58

0.63 (5.75%)

, LLY

Eli Lilly

$114.49

0.38 (0.33%)

06:32
12/12/18
12/12
06:32
12/12/18
06:32
Hot Stocks
AC Immune, Eli Lilly announce license and collaboration agreement »

AC Immune (ACIU) and Eli…

ACIU

AC Immune

$11.58

0.63 (5.75%)

LLY

Eli Lilly

$114.49

0.38 (0.33%)

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

  • 19

    Dec

OMI

Owens & Minor

$7.11

-0.19 (-2.60%)

06:32
12/12/18
12/12
06:32
12/12/18
06:32
Hot Stocks
Owens & Minor names Robert Snead as EVP & CFO »

Owens & Minor…

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

BKH

Black Hills

$67.28

0.06 (0.09%)

06:31
12/12/18
12/12
06:31
12/12/18
06:31
Downgrade
Black Hills rating change  »

Black Hills 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

EMR

Emerson

$62.30

-0.28 (-0.45%)

06:30
12/12/18
12/12
06:30
12/12/18
06:30
Downgrade
Emerson rating change  »

Emerson 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

ES

Eversource

$70.18

0.53 (0.76%)

06:30
12/12/18
12/12
06:30
12/12/18
06:30
Downgrade
Eversource rating change  »

Eversource 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

  • 13

    Dec

GOOG

Alphabet

$1,051.82

11.8 (1.13%)

, GOOGL

Alphabet Class A

$1,061.32

8.52 (0.81%)

06:29
12/12/18
12/12
06:29
12/12/18
06:29
Periodicals
Google CEO faces questions from lawmakers on alleged political bias, WSJ says »

Google CEO Sundar Pichai…

GOOG

Alphabet

$1,051.82

11.8 (1.13%)

GOOGL

Alphabet Class A

$1,061.32

8.52 (0.81%)

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

  • 03

    Mar

CS

Credit Suisse

$10.92

-0.09 (-0.82%)

06:27
12/12/18
12/12
06:27
12/12/18
06:27
Hot Stocks
Credit Suisse sees FY18 reported pre-tax income CHF3.2B-CHF3.4B »

Sees FY18 APAC Markets…

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.