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FB

Facebook

$176.27

-1.18 (-0.66%)

, GOOG

Alphabet

$1,231.48

-10.82 (-0.87%)

07:22
08/29/18
08/29
07:22
08/29/18
07:22

Facebook rolls out Watch video service internationally, Reuters reports

Facebook (FB) is rolling out its Watch video service internationally one year after it launched in the U.S. with original entertainment news and sports content to take on platforms like Alphabet's (GOOG, GOOGL) YouTube, Reuters reports, citing Facebook's head of video Fidji Simo. The social media site said eligible creators would be able to make money from their videos using its Ad Breaks service in Britain, Ireland, Australia and New Zealand as well as the U.S., with additional countries set to follow and ad revenue will be split 55% for the content creator and 45% for Facebook. Reference Link

FB

Facebook

$176.27

-1.18 (-0.66%)

GOOG

Alphabet

$1,231.48

-10.82 (-0.87%)

GOOGL

Alphabet Class A

$1,245.94

-10.37 (-0.83%)

  • 06

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    Oct

FB Facebook
$176.27

-1.18 (-0.66%)

08/17/18
PIVT
08/17/18
NO CHANGE
Target $140
PIVT
Sell
Facebook suit, Burma issues point to 'systemic problems,' says Pivotal Research
Pivotal Research analyst Brian Wieser noted that a lawsuit was filed on Wednesday by one of Facebook's small business advertisers that alleges, citing anonymous former employees, that "those who were responsible for ensuring the accuracy of the Potential Reach at Facebook were indifferent to the actual numbers." He also noted that the United Nations has "accused Facebook of playing a determining role in stirring up hatred against the Rohingya Muslim minority in Rakhine State" of Burma. Both the lawsuit related to Ads Manager reach data and the recent reporting on how Facebook ignored concerns related to its role in the problems in Burma "further illustrate systemic problems with the company," contends Wieser, who keeps a $140 price target and Sell rating on Facebook shares.
08/21/18
LSCM
08/21/18
NO CHANGE
Target $4
LSCM
Buy
Sito Mobile price target lowered to $4 from $9 at Lake Street
Lake Street analyst Mark Argento blames Sito Mobile (SITO) management for misjudging the time it has taken to close deals, but he believes they have the right long-term vision and need to maximize the long-term opportunity while acknowledging "near-term realities," including the fact that Facebook (FB) data issues have touched off significant introspection by potential customers. He lowered his price target on the stock to $4 from $9 to reflect the continued push out of big data wins and uncertainty surrounding the legacy media placement business. While he now thinks Sito is "firmly in show-me territory," Argento keeps a Buy rating on the shares.
08/22/18
PIPR
08/22/18
NO CHANGE
Target $200
PIPR
Overweight
Piper survey shows most Facebook, Instagram users unfazed by recent issues
Piper Jaffray analyst Michael Olson says his firm's survey of 1,300 Facebook and Instagram users leaves him confident that "most are unfazed by the negative news flow." Facebook has had a rough year from a public relations perspective, with Cambridge Analytica, concern around "fake news" and privacy issues, Olson tells investors in a research note. However, the survey, which focused on usage of the services this year versus last year, found that the majority, or two-thirds, are using Facebook and Instagram the same or more versus last year, Olson writes. He believes the 21% pullback in Facebook shares since the July 25 close more than reflects issues surrounding Europe's new privacy laws as well as the rising cost of content security and screening. The analyst keeps an Overweight rating on Facebook shares with a $200 price target. The social media giant closed yesterday up 12c to $172.62.
08/22/18
08/22/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. SIDOTI UPGRADES SYSTEMAX TO BUY: Sidoti analyst Anthony Lebiedzinski upgraded Systemax (SYX) to Buy from Neutral. The analyst said the recent selloff in shares is overdone and maintained a $45 price target. Systemax shares are up 10.2% in morning trading. PIPER CUTS STARBUCKS TO NEUTRAL: Piper Jaffray analyst Nicole Miller Regan downgraded Starbucks (SBUX) last night to Neutral from Overweight and lowered her price target for the shares to $53 from $60. The motivation for the downgrade was another month of U.S. checks that suggested a lack of comp performance, Miller Regan said. The analyst believes shares of Starbucks will be "range bound at best" until U.S. trends improve. She sees issues around "inconsistent results, credibility of guidance, and management transitions." Miller Regan thinks the stock has "modest downside risk." MKM BOOSTS NETFLIX TARGET TO $395: MKM Partners analyst Rob Sanderson raised his price target for Netflix (NFLX) to $395 from $390 and kept a Buy rating on the shares after updating his estimates. The analyst said his "previous caution" on the shares is "now reversed" following the recent stock price correction. His subscriber ramp expectations are "somewhat lower" in the near-to-medium term but remain unchanged in the long-term. Netflix will approach full penetration of the U.S. over time, growing to 90M subscribers by 2025, Sanderson said. He continues to see over $40 per share in earnings power at 90M U.S. and 300M international subscribers, which he projected in the 2025 timeframe. Expectations for Netflix became "somewhat elevated, but have been appropriately moderated," Sanderson contended. He called the stock a "must-own for growth managers." BAIRD SAYS STAR WARS LICENSE ADDS VISIBILITY FOR ZYNGA: Baird analyst Colin Sebastian believes the Star Wars license announced adds some visibility to Zynga's (ZNGA) out-year growth targets. The new Disney (DIS) license is a positive development for Zynga for the longer-term given the popularity of the Star Wars franchise, Sebastian said. That said, he does not expect a material contribution from new titles until 2020. As such, Sebastian kept a Neutral rating on Zynga shares. Znga shares are up 7.6% in late morning trading. PIPER SAYS FACEBOOK USERS 'UNFAZED' BY ISSUES: Piper Jaffray analyst Michael Olson said his firm's survey of 1,300 Facebook (FB) and Instagram users leaves him confident that "most are unfazed by the negative news flow." The analyst kept an Overweight rating on Facebook shares with a $200 price target.
GOOG Alphabet
$1,231.48

-10.82 (-0.87%)

08/07/18
MSCO
08/07/18
NO CHANGE
Target $1325
MSCO
Overweight
Enterprise value of Alphabet's Waymo raised to $175B at Morgan Stanley
Morgan Stanley analyst Brian Nowak increased his enterprise value estimate for Alphabet's Waymo unit from $75B for ride sharing only to $175B given his analyses for two other emerging business models, namely logistics and licensing. He believes Waymo remains on track to launch an autonomous ride hailing service in Phoenix this year and believes this business could be worth about $80B over the long-term. Partnerships with Walmart (WMT), DDR (DDR) and Peterbilt speak to Waymo's logistics focus, said Nowak, who sees the company potentially having a $90B logistics business. Additionally, he sees a roughly $7B licensing opportunity, pointing to the company's FCA (FCAU) relationship as a model of how companies could pay a license fee to Waymo for its autonomous technology. Given his view of Waymo being a key part of Alphabet's long-term value, Nowak raised his sum of the parts valuation to $1,550 from $1,400. He has an Overweight rating and $1,325 price target on Alphabet shares.
08/07/18
08/07/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. BOFA CUTS ZILLOW TO NEUTRAL: BofA Merrill Lynch analyst Nat Schindler downgraded Zillow (Z, ZG) to Neutral from Buy and cut its price target to $60 from $70 following the Q2 report and reduction in guidance. Schindler said the quarter indicated Zillow is taking longer than expected to ramp up the Homes business, Rentals revenue missed and the outlook was cut, and other revenue also missed, indicating the new construction opportunity is also taking longer to materialize. Zillow Class A shares are down about 17% in late morning trading. MORGAN STANLEY SAYS WAYMO COULD BE WORTH $175B: Morgan Stanley analyst Brian Nowak increased his enterprise value estimate for Alphabet's (GOOG, GOOGL) Waymo unit from $75B for ride sharing only to $175B given his analyses for two other emerging business models, logistics and licensing. He believes Waymo remains on track to launch an autonomous ride hailing service in Phoenix this year and believes this business could be worth about $80B over the long-term. Given his view of Waymo being a key part of Alphabet's long-term value, Nowak raised his sum of the parts valuation to $1,550 from $1,400. He has an Overweight rating and $1,325 price target on Alphabet shares. GOLDMAN RAISES NVIDIA TARGET AHEAD OF EARNINGS: Goldman Sachs analyst Toshiya Hari raised his price target for Nvidia (NVDA) to $324 from $310 ahead of quarterly results. Unlike the past 10 quarters where the company handily beat Street estimates and raised guidance, the analyst expects a "noisy" quarter with the focal points being the upcoming product transition in Gaming, the current product transition in Datacenter, weakness in cryptocurrency mining, and potential disruption from the virus attack at TSMC (TSM). That said, Hari noted that his long-term bull thesis on Nvidia remains intact and reiterated a Buy rating on the shares. ARGUS CUTS CBS TO HOLD: Argus analyst Joseph Bonner downgraded CBS (CBS) to Hold from Buy, noting significant downside risks for the company from both the sexual harassment allegations against CEO Moonves and the board's attempts to prevent the Viacom (VIA, VIAB) merger. Bonner noted that if the Moonves allegations are proven true, he would be immediately dismissed, which could end the board's bid to remain independent and thereby inflict damage on the shareholders.
08/09/18
STFL
08/09/18
DOWNGRADE
Target $2150
STFL
Hold
Booking Holdings downgraded to Hold on slowing growth at Stifel
As previously reported, Stifel analyst Scott Devitt downgraded Booking Holdings (BKNG) to Hold from Buy, citing the slowing growth at the company-formerly-known-as Priceline. Devitt lowered his core bookings growth expectations in 2018 and beyond following the company's Q2 earnings report and cut his price target on Booking shares to $2,150 from $2,332. He sees better large cap opportunities at company's with similar earnings multiples and better growth, such as Alibaba (BABA), Alphabet (GOOGL) and Facebook (FB), Devitt added.
08/29/18
MSCO
08/29/18
NO CHANGE
Target $1515
MSCO
Overweight
Alphabet price target raised to $1,515 from $1,325 at Morgan Stanley
Morgan Stanley analyst Brian Nowak raised his price target on shares of Alphabet to $1,515 from $1,325 citing the continued strong fundamentals in its core Google business as well as the growing visibility into its Waymo business. Nowak believes the current valuation of Alphabet ascribes little value for Waymo, but he also thinks the launch of Waymo's ride-hailing service by year-end can be a catalyst to realize that value. He currently values Waymo at $45B, or about $60 per Alphabet share, but notes this is only 25% of the $175B potential value he ascribes to the business. Nowak, who raised his 2018 and 2019 adjusted EBITDA estimates by 2%, keeps an Overweight rating on Alphabet shares.
GOOGL Alphabet Class A
$1,245.94

-10.37 (-0.83%)

08/22/18
MKMP
08/22/18
NO CHANGE
Target $1465
MKMP
Buy
Alphabet price target raised to $1,465 from $1,355 at MKM Partners
MKM Partners analyst Rob Sanderson raised his price target on Alphabet to $1,465 from $1,355 and kept his Buy rating, saying his revision removes the $5.1B E.U. fine while rolling out the valuation to 2021 in his model. Sanderson states that he remains impressed with Alphabet's "consistent growth at increasingly large revenue levels" and believes that the company's traffic acquisition costs could slow after a drag on earnings over a period of about 3 years, boosting its margins. The analyst adds that while Waymo has "negligible" near-term implications, its long-term potential is "tremendous".

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CDNA

CareDx

$25.90

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Natera

$23.97

0.47 (2.00%)

15:33
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Conference/Events
Piper Jaffray biotech analysts to hold an analyst/industry conference call »

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Natera

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T

AT&T

$33.41

0.05 (0.15%)

15:33
09/20/18
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Periodicals
AT&T asks court to reject DOJ's challenge of Time Warner deal, Reuters says »

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ADT

ADT Inc.

$8.76

0.39 (4.66%)

, AMZN

Amazon.com

$1,948.17

21.9 (1.14%)

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ADT Inc.

$8.76

0.39 (4.66%)

AMZN

Amazon.com

$1,948.17

21.9 (1.14%)

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CLF

Cleveland-Cliffs

$12.24

0.135 (1.12%)

15:30
09/20/18
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Options
Notable call activity in Cleveland Cliffs »

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NTDOY

Nintendo

$0.00

(0.00%)

, SNE

Sony

$59.11

0.11 (0.19%)

15:28
09/20/18
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15:28
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Periodicals
Trademark filing suggests Nintendo working on N64 Classic, BI reports »

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Nintendo

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SNE

Sony

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THS

TreeHouse

$52.85

0.15 (0.28%)

15:26
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GM

General Motors

$36.14

0.4 (1.12%)

15:20
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Afternoon call buyers in GM »

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ACAD

Acadia

$18.55

3.44 (22.77%)

15:18
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Acadia analyst commentary  »

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$NSD

NASDAQ Market Internals

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NASDAQ market internals summary »

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SYNA

Synaptics

$47.31

1.27 (2.76%)

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$NYE

NYSE Market Internals

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SJT

San Juan Basin Royalty Trust

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MTG

MGIC Investment

$13.14

0.135 (1.04%)

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MDCA

MDC Partners

$4.30

(0.00%)

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MDCA

MDC Partners

$4.30

(0.00%)

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UNFI

United Natural Foods

$33.66

0.37 (1.11%)

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Options
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ACAD

Acadia

$18.70

3.59 (23.76%)

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MDCA

MDC Partners

$4.30

(0.00%)

15:00
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AMZN

Amazon.com

$1,945.18

18.91 (0.98%)

15:00
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