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TMUS

T-Mobile

$66.57

0.71 (1.08%)

, S

Sprint

$6.18

0.01 (0.16%)

18:43
08/21/18
08/21
18:43
08/21/18
18:43

T-Mobile asks smaller carriers to publicly support Sprint deal, Reuters says

T-Mobile (TMUS) is asking smaller wireless carriers that piggyback off its network to publicly support its proposed $26B takeover of Sprint (S) in an effort to persuade antitrust regulators to approve the deal, Reuters reported yesterday. The FCC is gathering public comments and formal petitions to oppose the merger until August 27, the report notes. One wireless operator that works with T-Mobile said it received an email with suggestions on how it can back the transaction, the report says. The email suggested that the company pen an op-ed that supports the merger or submit a letter of support to regulators, the report notes. Reference Link

TMUS

T-Mobile

$66.57

0.71 (1.08%)

S

Sprint

$6.18

0.01 (0.16%)

DTEGY

Deutsche Telekom

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

  • 10

    Sep

TMUS T-Mobile
$66.57

0.71 (1.08%)

08/16/18
DBAB
08/16/18
NO CHANGE
DBAB
Buy
Verizon a beneficiary of improving Wireless trends, says Deutsche Bank
Deutsche Bank analyst Matthew Niknam tells investors in a research note that two recent data points support his positive view on the U.S. wireless sector, saying that the recent VerizonFirst (VZ) and T-Mobile (TMUS) Uncarrier moves are aimed at further improving customer retention and do not disrupt industry pricing. Net net, the analyst continues to like Buy-rated Verizon as a beneficiary of improving Wireless industry trends, upside optionality via 5G launches, and discounted valuation.
08/07/18
SBSH
08/07/18
NO CHANGE
SBSH
Citi credit sees 80% chance of T-Mobile, Sprint merger approval
Citi credit analyst David Phipps believes T-Mobile (TMUS) and Sprint (S) have an 80% chance of winning approval for their proposed merger. The market regularly puts merger approval odds at 50/50, Phipps tells investors in a fixed income research note. The analyst remains bullish on Sprint credit.
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).
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.
S Sprint
$6.18

0.01 (0.16%)

06/27/18
LEHM
06/27/18
INITIATION
Target $74
LEHM
Overweight
T-Mobile initiated with an Overweight at Barclays
Barclays analyst Amir Rozwadowski reinstated coverage of T-Mobile (TMUS) with an Overweight rating and $74 price target, telling investors in a research note that while it is difficult to gauge the outcome of the regulatory approval process for the deal between the company and Sprint (S), he thinks T-Mobile's improving cash generation capabilities provide a number of options for investor value creation with or without a deal. The analyst considers T-Mobile the better risk/reward opportunity at current levels.
06/27/18
LEHM
06/27/18
INITIATION
Target $6
LEHM
Equal Weight
Sprint initiated with an Equal Weight at Barclays
Barclays analyst Amir Rozwadowski reinstated coverage of Sprint (S) with an Equal Weight rating and $6 price target, telling investors that while shares should benefit if the proposed deal with T-Mobile (TMUS) is approved, the company's balance sheet and acknowledged need to ramp network investments could strain its financial and competitive flexibility should a deal not come to fruition. Ultimately, Sprint's valuation could see additional pressure if compelled to remain a standalone company, the analyst contends.
DTEGY Deutsche Telekom
$0.00

(0.00%)

03/06/18
MSCO
03/06/18
UPGRADE
MSCO
Overweight
Deutsche Telekom upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Emmet Kelly upgraded Deutsche Telekom to Overweight with a price target of EUR 16.50. The analyst is positive on the company's earnings growth prospects in Germany.
07/27/18
SBSH
07/27/18
UPGRADE
SBSH
Buy
Deutsche Telekom upgraded to Buy from Neutral at Citi
03/05/18
LEHM
03/05/18
DOWNGRADE
LEHM
Equal Weight
Deutsche Telekom downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Mathieu Robilliard downgraded Deutsche Telekom (DTEGY) to Equal Weight and lowered his price target for the shares to EUR 16 from EUR 18.50. Guidance suggests a lower than expected pace of cost cutting together with higher capex in Germany, Robilliard tells investors in a research note. The analyst sees better value in Vodafone (VOD).
11/06/17
SBSH
11/06/17
NO CHANGE
Target $75
SBSH
Buy
Citi trims T-Mobile, Sprint targets after merger talks cease
Citi analyst Michael Rollins lowered his price target for Buy-rated T-Mobile (TMUS) to $75 from $77 and for Neutral-rated Sprint (S) to $7.50 from $9.00 after the companies ceased talks to merge. He sees T-Mobile as "very comfortable" with its operating momentum and improving financial position and SoftBank (SFTBY) and Sprint (S) taking a more aggressive posture to pursue strategic partners. The analyst would not be surprised if SoftBank and Deutsche Telekom (DTEGY) revisit the merger talks in 6-12 months should Sprint and T-Mobile not find compelling strategic partners. Further, Rollins expects tower stocks like American Tower (AMT), SBA Communications (SBAC) and Crown Castle (CCI) to trade higher on expectations for greater capital expenditures now that the merger talks are over.
SFTBF SoftBank
$0.00

(0.00%)

07/10/18
RBCM
07/10/18
NO CHANGE
Target $53
RBCM
Outperform
General Motors price target raised to $53 at RBC Capital
RBC Capital analyst Joseph Spak kept his Outperform rating on General Motors (GM) and nudged his price target to $53 from $52, saying the recent $2.25B investment by Softbank (SFTBF) adds validation to the company's GM Cruise robo-taxi offering plans. Aside from the validation, Spak notes that the investment "provides capital to reach scale commercialization, affords GM capital allocation flexibility, and unlocks GM share price value as Cruise around $7 per share."
10/19/17
BERN
10/19/17
INITIATION
BERN
Outperform
SoftBank initiated with an Outperform at Bernstein
Bernstein analyst Chris Lane started SoftBank with an Outperform rating as he believes the company has a "bright future."
06/06/18
MSCO
06/06/18
NO CHANGE
MSCO
Morgan Stanley says Softbank stake in Cruise significant 'far beyond' just GM
Morgan Stanley analyst Adam Jonas said Softbank's (SFTBF) recently announced investment in GM Cruise "carries significance far beyond" General Motors (GM), arguing that the increasingly conspicuous involvement of "outside validators" such as large-cap tech firms and prominent investors can accelerate perception change in the capital markets about "Auto 2.0." He envisions the possible formation of two different companies currently held under one automaker's roof, which he dubs an Auto 2.0 "Yieldco" and an Auto 2.0 "Growthco." Converting car owners into monthly subscribers could open up significant revenue, profit, and value opportunities for traditional automakers, argues Jonas in a note to investors. Other automaking "OEMs" include Ford (F), Daimler (DDAIF), Toyota (TM), Honda (HMC), Fiat Chrysler (FCAU) and BMW Group (BAMXY).
05/31/18
05/31/18
UPGRADE
Target $50

Outperform
General Motors upgraded to Outperform after SoftBank investment at Evercore ISI
As previously reported, Evercore ISI analyst George Galliers upgraded General Motors (GM) to Outperform from In Line after SoftBank's (SFTBF) Vision Fund agreed to invest in the company's Cruise autonomous driving unit in a deal that values the unit at $11.5B. Galliers said he had been assigning no value to the Cruise assets before the announcement. Under his new sum-of-the-parts valuation, Galliers applies a 6.0x multiple on GM's core, attributes a value of about $8 per share for the Cruise assets and about 60c per share for GM's stake in Lyft before applying a 25% discount to both of the latter. He raised his price target on GM shares to $50 from $47.

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GOLD

Randgold

$68.12

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FB

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Amazon.com

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Twitter

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Apple

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EUXTF

Euronext

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MYGN

Myriad Genetics

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06:39
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MOGO

Mogo Finance

$3.04

-0.09 (-2.88%)

06:38
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Conference/Events
Mogo Finance management to meet with Craig Hallum »

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HMNY

Helios and Matheson

$0.02

0.0038 (27.34%)

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NVDA

Nvidia

$265.72

2.28 (0.87%)

06:37
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06:37
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GG

Goldcorp

$10.64

0.03 (0.28%)

06:36
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06:36
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  • 25

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SIRI

Sirius XM

$6.25

-0.72 (-10.33%)

, P

Pandora

$8.98

-0.1 (-1.10%)

06:35
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Sirius XM, Pandora rating change  »

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SIRI

Sirius XM

$6.25

-0.72 (-10.33%)

P

Pandora

$8.98

-0.1 (-1.10%)

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WTI

W&T Offshore

$8.09

0.37 (4.79%)

06:35
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W&T Offshore to sell overriding royalty interests in Permian Basin for $56.8M »

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LPTH

LightPath

$2.01

-0.04 (-1.95%)

06:35
09/25/18
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06:35
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Conference/Events
LightPath management to meet with B. Riley FBR »

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NICE

Nice Systems

$113.27

0.16 (0.14%)

06:33
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Nice Systems implements RPS solution for SBI Card »

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FB

Facebook

$165.40

2.5 (1.53%)

06:32
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Content moderater sues Facebook, says job gave her PTSD, Vice reports »

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TFX

Teleflex

$268.91

-0.84 (-0.31%)

06:32
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Teleflex subsiidiary presents new clinical data from studies of UroLift System »

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  • 09

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CNI

Canadian National

$86.82

-1.86 (-2.10%)

06:32
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CERC

Cerecor

$4.56

0.17 (3.87%)

06:31
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Cerecor to acquire Ichorion Therapeutics in $26.6M transaction »

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  • 27

    Nov

ABX

Barrick Gold

$11.03

0.55 (5.25%)

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Randgold

$68.12

4.18 (6.54%)

06:31
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ABX

Barrick Gold

$11.03

0.55 (5.25%)

GOLD

Randgold

$68.12

4.18 (6.54%)

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  • 25

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KIDS

OrthoPediatrics

$33.52

0.69 (2.10%)

06:29
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06:29
Conference/Events
OrthoPediatrics management to meet with William Blair »

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JLL

Jones Lang LaSalle

$146.77

1.4 (0.96%)

06:28
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Conference/Events
Jones Lang LaSalle management to meet with William Blair »

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NRE

Northstar Realty Europe

$12.87

0.14 (1.10%)

, CLNY

Colony Capital

$6.15

-0.04 (-0.65%)

06:28
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Senvest Management sends letter to Northstar Realty Europe board »

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NRE

Northstar Realty Europe

$12.87

0.14 (1.10%)

CLNY

Colony Capital

$6.15

-0.04 (-0.65%)

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  • 25

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JACK

Jack in the Box

$84.93

0.81 (0.96%)

06:28
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Conference/Events
Jack in the Box management to meet with Morgan Stanley »

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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

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JPMorgan widens blockchain payments to over 75 banks, FT reports »

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Bitcoin

$0.00

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BITCOIN

Bitcoin

$0.00

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SCGLY

Societe Generale

$0.00

(0.00%)

SAN

Banco Santander

$5.28

-0.1 (-1.86%)

JPM

JPMorgan

$116.72

-1.12 (-0.95%)

RY

Royal Bank of Canada

$80.54

-0.06 (-0.07%)

ANZBY

ANZ Banking

$0.00

(0.00%)

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INSW

International Seaways

$19.94

-0.23 (-1.14%)

06:26
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06:26
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International Seaways initiated  »

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FB

Facebook

$165.40

2.5 (1.53%)

, TWTR

Twitter

$28.59

0.09 (0.32%)

06:24
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06:24
Periodicals
DOJ to hold social media 'listening session,' Reuters reports »

The U.S. Justice…

FB

Facebook

$165.40

2.5 (1.53%)

TWTR

Twitter

$28.59

0.09 (0.32%)

GOOG

Alphabet

$1,173.38

7.17 (0.61%)

GOOGL

Alphabet Class A

$1,179.78

7.56 (0.64%)

03/08/13
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