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AMZN

Amazon.com

$1,932.92

5.335 (0.28%)

07:20
08/29/18
08/29
07:20
08/29/18
07:20

Amazon price target raised to $2,500 from $1,850 at Morgan Stanley

Morgan Stanley analyst Brian Nowak expressed increasing confidence that Amazon's rapidly growing, high margin revenue streams - namely advertising, AWS, and subscriptions - will drive higher profitability and continue to push up consensus estimates. He has not made any changes to his estimates, but raised his price target on Amazon shares to $2,500 from $1,850 to reflect its improving business mix and his belief that the new target more accurately represents the company's long-term potential earnings power. In his new sum-of-the-parts model, Nowak values core retail at about $625B, values the AWS cloud business at roughly $375B, values Prime subscriber revenue at $100B and values the advertising business at $125B. He maintains an Overweight rating on Amazon shares, which closed yesterday at about $1,933 per share.

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    Sep

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    Sep

AMZN Amazon.com
$1,932.92

5.335 (0.28%)

08/24/18
MAXM
08/24/18
NO CHANGE
Target $133
MAXM
Buy
Splunk price target raised to $133 from $126 at Maxim
Maxim analyst Nehal Chokshi raised his price target on Splunk (SPLK) to $133 and kept his Buy rating after its Q2 earnings beat. Chokshi says the company's Amazon (AMZN) enterprise adoption agreement signed during the quarter was the highlight and demonstrates the difficulty of replace Splunk technology.
08/27/18
PIPR
08/27/18
NO CHANGE
Target $150
PIPR
Overweight
Piper believes advertising revenue could 'ramp significantly' for Wayfair
The "nascent" advertising revenue opportunity at Wayfair (W) could "ramp significantly" over the next two years and become a notable driver to EBITDA, Piper Jaffray analyst Peter Keith tells investors in a research note. Wayfair is currently testing sponsored product ads, and the analyst believes the initiative could roll out more broadly within the next few months. Using Amazon's (AMZN) early success with sponsored ads as a proxy, he estimates Wayfair's ad revenue could drive $100M-$175M of EBITDA by 2020. Keith has not factored advertising revenue into his model, but says advertising success would "significantly increase" the probability of positive EBITDA for Wayfair in the next two years. The analyst reiterates an Overweight rating on the shares with a $150 price target.
08/27/18
MSCO
08/27/18
NO CHANGE
MSCO
Equal Weight
Walmart battle with Amazon set to escalate, says Morgan Stanley
Morgan Stanley analyst Simeon Gutman believes Walmart's (WMT) battle with Amazon (AMZN) is about to intensify and he views its ability to counter Amazon's challenges as the key long-term debate on the stock. He believes Walmart shares are pricing in a continuation of 2-3% comps over the next few years with 40% e-commerce growth and improving e-commerce profitability, but he fears this may not be sustainable. He keeps an Equal Weight rating on Walmart shares, stating that to make him more bullish Walmart needs to show sustained top-line strength in both channels and to become more bearish he'd have to see U.S. EBIT margins contract more than he expects.
08/28/18
WBLR
08/28/18
NO CHANGE
WBLR
Outperform
Amazon upgrading printers to Kornit's new HD technology, says William Blair
Based on information from the Pennsylvania Department of Environmental Protection, William Blair analyst Brian Drab believes Amazon (AMZN) is upgrading Kornit printers that were already installed in its Pennsylvania textile printing facility to Kornit's new high definition print engine and also laying the groundwork to expand the facility from a maximum of 48 machines to 72 machines. In a research note titled "As Far as We Can Tell, Amazon Really Likes Kornit," Drab says Kornit's valuation is attractive given his expectation for about 20% revenue growth and margin driving greater than 30% earnings growth going forward. He points out that Amazon recently applied for two new air-quality permits and also submitted an application to expand capacity at its Pennsylvania facility from 48 printers to 72 printers. This is clearly a step toward upgrading the existing fleet of machines in the Pennsylvania facility to the HD technology Kornit introduced in early 2018, the analyst contends. He believes Amazon's e application for 72 printers is likely to be approved given it is essentially an addendum to previous permits. Drab estimates that an incremental 24 printers would likely generate about $10M in revenue for Kornit. He keeps an Outperform rating on the shares.

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TEVA

Teva

$18.46

-0.56 (-2.94%)

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PVG

Pretium Resources

$7.43

(0.00%)

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Pretium Resources: Brucejack approved for production hike to 3,800 tonnes/day »

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FCAU

Fiat Chrysler

$15.47

-0.2 (-1.28%)

17:52
12/14/18
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17:52
Periodicals
FCA says four U.S. plants to have down-time in January, Detroit News says »

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SNOA

Sonoma Pharmaceuticals

$0.75

-0.0342 (-4.36%)

, CCNI

Command Center

$4.00

-0.075 (-1.84%)

17:43
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Sonoma Pharmaceuticals CEO Jim Schutz resigns, Frederick Sandford succeeds »

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SNOA

Sonoma Pharmaceuticals

$0.75

-0.0342 (-4.36%)

CCNI

Command Center

$4.00

-0.075 (-1.84%)

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XLE

Energy Select Sector SPDR

$62.09

-1.47 (-2.31%)

, XLU

Utilities SPDR

$56.81

-0.13 (-0.23%)

17:38
12/14/18
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17:38
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17:38
General news
Week ending ETF scorecard: Energy, Financials lead the decline »

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XLE

Energy Select Sector SPDR

$62.09

-1.47 (-2.31%)

XLU

Utilities SPDR

$56.81

-0.13 (-0.23%)

IYR

DJ US Real Estate Index Fund

$80.37

-0.14 (-0.17%)

XLP

Consumer Staples Sector SPDR

$54.51

-0.97 (-1.75%)

XLY

Consumer Discretionary Sector SPDR

$102.33

-1.75 (-1.68%)

XLB

S&P Select Materials SPDR

$51.37

-0.37 (-0.72%)

XLF

Financial Select Sector

$24.25

-0.24 (-0.98%)

XLV

Health Care Select Sector SPDR

$88.99

-3.05 (-3.31%)

XLK

Technology Select Sector SPDR

$64.58

-1.6 (-2.42%)

XLI

Industrial Select Sector SPDR

$67.06

-0.95 (-1.40%)

GLD

SPDR Gold Shares

$117.10

-0.44 (-0.37%)

SLV

iShares Silver Trust

$13.69

-0.175 (-1.26%)

USO

United States Oil Fund

$10.83

-0.38 (-3.39%)

UNG

United States Natural Gas Fund

$30.78

-2.64 (-7.90%)

HYG

iShares iBoxx $ High Yield Corporate Bond

$83.17

-0.365 (-0.44%)

LQD

iShares iBoxx $ Investment Grade Corporate Bond

$112.72

-0.125 (-0.11%)

TLT

iShares 20+ Year Treasury Bond Fund

$118.47

0.38 (0.32%)

IEF

iShares 7-10 Year Treasury Bond ETF

$102.57

0.19 (0.19%)

SHY

iShares 1-3 Year Treasury Bond

$83.31

0.055 (0.07%)

IWD

iShares Russell 1000 Value

$116.15

-1.71 (-1.45%)

IWF

iShares Russell 1000 Growth

$135.70

-2.96 (-2.13%)

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EEI

Ecology & Environment

$11.50

0.2 (1.77%)

17:35
12/14/18
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17:35
Hot Stocks
Ecology & Environment receives Nasdaq noncompliance notice »

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LBC

Luther Burbank

$8.96

-0.045 (-0.50%)

17:34
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Luther Burbank announces systematic share repurchase plan »

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MYND

MYnd Analytics

$1.33

0.01 (0.76%)

17:31
12/14/18
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17:31
Syndicate
Breaking Syndicate news story on MYnd Analytics »

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RLGT

Radiant Logistics

$4.76

-0.06 (-1.24%)

17:29
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Syndicate
Breaking Syndicate news story on Radiant Logistics »

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KALV

KalVista

$22.62

-1.39 (-5.79%)

17:29
12/14/18
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17:29
Syndicate
Breaking Syndicate news story on KalVista »

KalVista files $200M…

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$260.61

-4.8 (-1.81%)

17:25
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12/14
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17:25
Hot Stocks
POTUS names Mick Mulvaney acting WH chief of staff »

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$260.61

-4.8 (-1.81%)

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RTN

Raytheon

$169.87

-2.585 (-1.50%)

17:20
12/14/18
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Hot Stocks
Raytheon awarded $149.44M Navy contract for Standard Missile-2 Block IIIC »

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EOG

EOG Resources

$100.08

-2.73 (-2.66%)

17:15
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Breaking Syndicate news story on EOG Resources »

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FNCB

First National Community Bancorp, Inc.

$9.35

0.04 (0.43%)

17:14
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First National Community Bancorp names R. Gregory Collins as new EVP »

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TXT

Textron

$49.49

-0.48 (-0.96%)

17:14
12/14/18
12/14
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Hot Stocks
Textron awarded $314.29M Navy contract modification for LLTM procurement »

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FLDM

Fluidigm

$7.79

-0.39 (-4.77%)

17:14
12/14/18
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Hot Stocks
Breaking Hot Stocks news story on Fluidigm »

Levin Capital lowers…

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  • 12

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WTFC

Wintrust Financial

$67.41

-0.88 (-1.29%)

17:06
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Hot Stocks
Wintrust Financial acquires Elektra Holding in roughly $51.9M deal »

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AMC

AMC Entertainment

$14.51

-0.35 (-2.36%)

17:04
12/14/18
12/14
17:04
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17:04
Syndicate
Breaking Syndicate news story on AMC Entertainment »

AMC Entertainment files…

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EFX

Equifax

$97.19

0.07 (0.07%)

17:03
12/14/18
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Hot Stocks
Equifax Canada acquires JLR Inc. »

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DFS

Discover

$61.83

-1.41 (-2.23%)

17:03
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Hot Stocks
Discover executive chairman Nelms to step down effective December 31 »

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AUTO

AutoWeb

$2.34

-0.01 (-0.43%)

17:00
12/14/18
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17:00
Hot Stocks
Daniel M. Negari reports 7.1% stake in AutoWeb »

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CNI

Canadian National

$77.33

-1.39 (-1.77%)

16:46
12/14/18
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Canadian National, Unifor Local 100 reach tentative agreement »

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CSCO

Cisco

$45.80

-1.66 (-3.50%)

16:44
12/14/18
12/14
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16:44
Recommendations
Cisco analyst commentary at Tigress Financial »

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TEL

TE Connectivity

$73.01

-0.59 (-0.80%)

16:44
12/14/18
12/14
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16:44
Hot Stocks
TE Connectivity raises quarterly dividend to 46c from 44c per share »

TE Connectivity board…

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TEL

TE Connectivity

$73.01

-0.59 (-0.80%)

16:42
12/14/18
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Hot Stocks
TE Connectivity board approves $1.5B share repurchase authorization »

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