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SYNA

Synaptics

$45.96

-0.09 (-0.20%)

, AAPL

Apple

$219.75

1.78 (0.82%)

08:54
08/29/18
08/29
08:54
08/29/18
08:54

Synaptics in early innings of multi-product upgrade cycle, says Craig-Hallum

Craig-Hallum analyst Anthony Stoss says that based on his checks, most of Synaptics' (SYNA) China based customers are changing up already planned designs for 2019 from CoG to LCD CoF, which is a more expensive solution from the company. The analyst notes that CoF enables full screen infinity displays, a design element Apple (AAPL) is expected to use on all three of its upcoming models. He believes Apple will be using Synaptics' CoF for its LCD model, and thinks the latter is in the early innings of a multi-product refresh/upgrade cycle. Stoss reiterates a Buy rating and $56 price target on Synaptics shares.

SYNA

Synaptics

$45.96

-0.09 (-0.20%)

AAPL

Apple

$219.75

1.78 (0.82%)

  • 12

    Sep

SYNA Synaptics
$45.96

-0.09 (-0.20%)

08/10/18
LSCM
08/10/18
NO CHANGE
Target $52
LSCM
Hold
Synaptics price target raised to $52 from $42 at Lake Street
Lake Street analyst Jaeson Schmidt raised his price target for Synaptics to $52 but maintains a Hold rating on the shares following the company's Q2 results. Mobile shortages continue to create near-term headwinds for Synaptics, Schmidt tells investors in a post-earnings research note.
08/10/18
CHLM
08/10/18
NO CHANGE
Target $56
CHLM
Buy
Synaptics price target raised to $56 from $51 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss reiterated a Buy rating on Synaptics and raised his price target to $56 from $51 after the company reported results in-line with expectations, with September guidance below estimates. Stoss points out that Synaptics guided FY19 revenues to grow low-single-digits which was below estimates, due to the decision to walk away from the expected low margin optical fingerprint business and a shortage in capacity for TDDI materials, but notes that this will actually bode well for the company's mix over time as they are walking away from lower margin business, and should meaningfully grow EPS in 2019 despite slower revenue growth.
08/10/18
NEED
08/10/18
NO CHANGE
Target $58
NEED
Buy
Synaptics price target raised to $58 from $52 at Needham
Needham analyst Rajvindra Gill raised his price target on Synaptics to $58 after its Q4 earnings beat and guidance, saying he expects the company to benefit from a higher gross margin profile in FY19 as well as higher average selling prices across its portfolio. The analyst keeps his Buy rating on Synaptics, anticipating the company to be a major supplier amid the rising OLED touch revenues in China with new panel capacity coming online in 2019.
08/01/18
08/01/18
UPGRADE
Target $51

Buy
Synaptics upgraded to Buy after deal talks end at Craig-Hallum
As previously reported, Craig-Hallum analyst Anthony Stoss upgraded Synaptics (SYNA) to Buy from Hold, with a $51 price target, after the company confirmed that it has terminated buyout discussions with Dialog Semiconductor (DLGNF). The analyst notes that he never believed the Dialog Semiconductor deal would happen, and thinks the risk reward tilts back in favor of owning shares.
AAPL Apple
$219.75

1.78 (0.82%)

08/27/18
BARD
08/27/18
NO CHANGE
BARD
Outperform
Apple market share remains at recent highs, says Baird
Baird analyst William Power said his Apple survey shows its market share remains at recent highs despite smartphone purchase intention remaining below its historical average. The analyst believes Apple's market share suggests further share gains supplemented by strong sales of other Apple devices and rising services usage. Power reiterated his Outperform rating on Apple shares and said it remains a top big-cap idea.
08/27/18
RBCM
08/27/18
NO CHANGE
Target $225
RBCM
Outperform
Apple unlikely to be hit by apps' potential bypass of fees, says RBC Capital
RBC Capital analyst Amit Daryanani writes that Netflix (NFLX) is testing an "experimental feature" that would allow its users to bypass Apple (AAPL) signup fees in certain international markets - a tactic already used by Spotify (SPOT) - which could lead to Apple being cut out of its 30% initial /15% renewal cut of the fees. The analyst notes however that the AppStore prohitibs apps from implementing alternate payment mechanisms, and even if the apps bypass was successful, "most users of Netflix and other apps have already signed up in past through App Store and Apple would continue to collect payments on that large user base." Daryanani keeps his Outperform rating and $225 price target on Apple.
08/24/18
BARD
08/24/18
NO CHANGE
Target $99
BARD
Outperform
Baird raises PayPal price target to $99 on favorable Venmo outlook
Baird analyst Colin Sebastian raised his price target for PayPal (PYPL) to $99 from $96 to reflect a favorable view of Venmo's monetization opportunity. The shares closed yesterday up 43c to $87.38. A survey of 1,500 Internet users spotlights PayPal as the "clear and dominant digital wallet," and serves as a positive leading indicator for "Pay with Venmo" adoption, Sebastian tells investors in a research note titled "Beyond the Pizza Emoji: Assessing Venmo's Profit Potential." He believes Venmo may be approaching native wallet levels like Apple's (AAPL) ApplePay. While still early, PayPal's dual-brand strategy could reasonably contribute $150M-$300M incrementally to 2021 operating profit and potentially more, Sebastian contends. He believes Venmo is on track to become a billion-dollar business. Sebastian says that while Venmo may not fully replace the lost contribution profit from eBay (EBAY), investors are likely to put a premium on Venmo-generated incremental revenues. The analyst envisions Vevmo generating $2.5B in revenue and $1.3B in EBITDA by 2025. Sebastian upped his 2020 earnings per share estimate for PayPal to $3.36 from $3.20 and keeps an Outperform rating on the shares.
08/23/18
08/23/18
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. ROSENBLATT BOOSTS AMD PRICE TARGET TO STREET HIGH: Rosenblatt analyst Hans Mosesmann raised his price target for AMD (AMD) shares to $30 from $27. Mosesmann's new price target represents the high among Wall Street sell-side analysts. Following the meetings, Mosesmann has renewed conviction in AMD's multi-year double digit growth profile. Further, he's impressed by the analysis investors are doing in the name after years of disregard. AMD is up 4.1% in late morning trading. CANTOR CUTS AETNA TO NEUTRAL: Cantor Fitzgerald analyst Steven Halper downgraded Aetna (AET) to Neutral from Overweight with a price target of $202. The stock now trades at just a 4.6% discount to the implied CVS Health (CVS) acquisition value of about $207 per share, Halper said. He believes the narrowed deal spread reflects an increased likelihood of regulatory approval. Halper cites limited potential upside for his downgrade of Aetna to Neutral. NIELSEN UPGRADED TO NEUTRAL AT GOLDMAN: Goldman Sachs analyst George Tong upgraded Nielsen Holdings (NLSN) to Neutral and raised his price target for the shares to $25 from $20. With activist Elliott Management pushing for a sale and increased deal activity in the Information Services sector, Tong sees increased likelihood of Nielsen being involved in a transaction. His upgrade to Neutral and price target increase come after the analyst incorporated a potential takeover into his model. Nielsen is up 3.3% in late morning trading. IMPERIAL SEES SUBSCRIBER UPSIDE FOR NETFLIX: Imperial Capital analyst David Miller believes Netflix's (NFLX) experiment with ending billing through Apple's (AAPL) app store in 33 countries outside the U.S. likely implies upside to its Q3 international subscriber guidance. The analyst said he has a tough time believing that Netflix would "experiment" with billing infrastructure mid-quarter if it did not believe that its international subscriber levels were trending ahead of guidance. As such, Miller raised his Q3 international subscriber estimate to 4.46M from 4.35M. He kept an Outperform rating on Netflix with a $494 price target. TARGET GETS UPGRADE AND DOWNGRADE: Target (TGT) was upgraded to Outperform from Market Perform at Telsey Advisory, and downgraded to Peer Perform from Outperform at Wolfe Research.

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BAC

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MGLN

Magellan Health

$60.63

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ROKU

Roku

$35.30

0.1301 (0.37%)

10:05
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Conference/Events
Roku management to meet with Oppenheimer »

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CTIC

CTI BioPharma

$1.49

(0.00%)

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GOOG

Alphabet

$1,075.83

12.27 (1.15%)

, GOOGL

Alphabet Class A

$1,085.00

11.34 (1.06%)

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Alphabet

$1,075.83

12.27 (1.15%)

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Alphabet Class A

$1,085.00

11.34 (1.06%)

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  • 03

    Mar

TSLA

Tesla

$367.70

0.94 (0.26%)

10:04
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Analyst sees narrative around Tesla changing as Wired reports on 'rage firings' »

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  • 13

    Dec

MGLN

Magellan Health

$61.38

2.75 (4.69%)

10:03
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Magellan rallies after activist Starboard discloses nearly 10% stake »

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FTI

TechnipFMC

$20.67

-0.57 (-2.68%)

10:01
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TechnipFMC rating change  »

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  • 13

    Dec

PYPL

PayPal

$88.01

1.51 (1.75%)

10:01
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Conference/Events
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  • 13

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OXM

Oxford Industries

$67.67

-7.21 (-9.63%)

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DGAZ

VelocityShares 3x Inv Natural Gas ETN

$58.45

-6.2 (-9.59%)

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VelocityShares 3x Inv Natural Gas ETN falls -9.8% »

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TLRD

Tailored Brands

$14.56

-5.6 (-27.78%)

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QD

Qudian

$5.99

0.73 (13.88%)

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MAC

Macerich

$48.91

1.78 (3.78%)

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CIEN

Ciena

$35.52

3.385 (10.53%)

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VNCE

Vince Holding

$9.92

(0.00%)

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  • 13

    Dec

XPO

XPO Logistics

$59.58

-0.67 (-1.11%)

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GE

General Electric

$7.37

0.65 (9.67%)

, AFL

Aflac

$45.33

2.44 (5.69%)

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AFL

Aflac

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$48.39

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KMB

Kimberly-Clark

$115.99

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FSLR

First Solar

$44.40

0.8 (1.83%)

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  • 17

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HIIQ

Health Insurance Innovations

$30.02

-0.045 (-0.15%)

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  • 13

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XPO

XPO Logistics

$59.87

-0.385 (-0.64%)

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09:50
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