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SNAP

Snap

$11.16

-0.13 (-1.15%)

12:10
08/29/18
08/29
12:10
08/29/18
12:10

Size put seller in Snap options

Size put seller in Snap options. The stock off 11c to $11.18 and 25K Jan2020 8 puts trade at 89c on ISE. The block is tied to 475K shares and opens a position struck 28.4% below spot. 52-week low of $10.55 dates back to May.

  • 06

    Sep

  • 18

    Sep

SNAP Snap
$11.16

-0.13 (-1.15%)

08/08/18
LEHM
08/08/18
NO CHANGE
Target $16
LEHM
Overweight
Snap guidance change 'big positive for long-term holders,' says Barclays
Barclays analyst Ross Sandler views Snap's Q2 results as a "mixed bag," with daily active users 2M below his estimate and revenue $20M above his estimate. More importantly, the change in approach towards guidance is "very welcomed and should help to reduce some of the volatility going forward," Sandler tells investors in a post-earnings research note. He believes this is a "big positive for long-term holders looking to get involved." Snap's daily active user growth is still being held back by the redesign and Android headwinds, but these should be done by Q4, Sandler contends. He believes Snap could be in a position to start to improve from here and would initiate positions at current share levels. The analyst has an Overweight rating on Snap with a $16 price target.
08/08/18
DBAB
08/08/18
NO CHANGE
Target $13
DBAB
Hold
Snap reported mixed Q2 results, says Deutsche Bank
Deutsche Bank analyst Lloyd Walmsley views Snap's Q2 results as mixed, with "soft" daily active users but an improving monetization outlook. The analyst is "slightly disappointed" that guidance implies further risk to DAUs in Q3. Further, Snap offered no specific color around the Android re-build in terms of timing or an early look on the impact in test markets, Walmsley tells investors in a post-earnings research note. He keeps a Hold rating on Snap shares with a $13 price target.
08/08/18
MSCO
08/08/18
NO CHANGE
Target $7.5
MSCO
Underweight
Snap monetization limited by fewer users, says Morgan Stanley
Morgan Stanley analyst Brian Nowak keeps an Underweight rating on Snap following the company's Q2 report, noting that its revenue and EBITDA were "better than feared" but stating that its user declines, which are expected to continue in Q3, highlight its challenges and limit its monetization. He now estimates a 3% sequential decline in DAUs to 183M total users in Q3, which is 9% lower than he previously modeled. Nowak maintains his $7.50 price target on Snap shares, which are down about 2% to $12.84 in pre-market trading.
08/08/18
08/08/18
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. REACTIONS TO TESLA'S TALK OF GOING PRIVATE: Jefferies analyst Philippe Houchois raised his price target for Tesla (TSLA) to $360 from $250 after CEO Elon Musk suggested taking the company private. Going private "feels like the right thing to do," Houchois said. "Distraction or not, the move feels right even if Musk is downplaying how supportive public markets have been," the analyst adds. However, with Tesla unable to take on more debt, Houchois wondered who may fund the potential deal and end up as a new large shareholder. While Morgan Stanley analyst Adam Jonas sympathizes with Elon Musk's argument that Tesla could be better off as a private company, he questioned the feasibility of Musk actually being able to achieve that goal. Taking the company private would assume either that the company is on the verge of generating self-sustaining cash flows or that it can tap into a range of strategic sources of capital not previously at its disposal, said Jonas, who sees strategic value at Tesla but thinks the "LBO math required to support [a price of] $420 is extremely aggressive." MORGAN STANLEY SAYS SOUTHWEST A GOOD FIT FOR BERKSHIRE: Morgan Stanley analyst Kai Pan noted that Berkshire Hathaway (BRK.A) has shifted tone in recent years and become a top three shareholder of the "Big Four" U.S. airlines, including Southwest (LUV). Media reports from Forbes, CNN and others have discussed a possible acquisition by Berkshire of the airline, added Pan. He analyzed a theoretical acquisition and came to the conclusion that Southwest could be a strategic fit for Berkshire and the advantages could also be compelling for the airline. Pan estimates Berkshire could pay a 20-40% premium, or $70-80 per share for Southwest, in such a hypothetical takeover situation. Pan has an Overweight rating and $67 price target on Southwest shares. BARCLAYS POSITIVE ON SNAP GUIDANCE CHANGE: Barclays analyst Ross Sandler views Snap's (SNAP) Q2 results as a "mixed bag," with daily active users 2M below his estimate and revenue $20M above his estimate. More importantly, the change in approach towards guidance is "very welcomed and should help to reduce some of the volatility going forward," Sandler said. He believes this is a "big positive for long-term holders looking to get involved." The analyst kept an Overweight rating on Snap with a $16 price target. WAINWRIGHT SAYS INSMED LIKELY TO BE ACQUIRED: H.C. Wainwright analyst Andrew Fein raised his price target for Insmed (INSM) to $43 from $35 following the 12-2 FDA panel vote in favor of ALIS in refractory nontuberculous mycobacterial patients. Insmed is now likely to be acquired as ALIS "fits well within the pipeline of a number of larger companies," Fein said.

TODAY'S FREE FLY STORIES

EW

Edwards Lifesciences

$180.89

2.64 (1.48%)

16:21
04/23/19
04/23
16:21
04/23/19
16:21
Earnings
Edwards Lifesciences sees Q2 adjusted EPS $1.27-$1.37, consensus $1.33 »

Sees Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Apr

  • 08

    May

ILPT

Industrial Logistics Property Trust

$20.02

0.46 (2.35%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Syndicate
Breaking Syndicate news story on Industrial Logistics Property Trust »

Industrial Logistics…

03/08/13
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03/06/13
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  • 29

    Apr

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    Jun

EBAY

eBay

$36.66

0.51 (1.41%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Hot Stocks
eBay grew active buyers by 4% across its platforms in Q1 »

In the first quarter,…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Apr

NKE

Nike

$87.41

0.06 (0.07%)

, LLY

Eli Lilly

$117.51

2.07 (1.79%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Hot Stocks
Nike says John Lechleiter to retire from board of directors »

Nike (NKE) announced that…

NKE

Nike

$87.41

0.06 (0.07%)

LLY

Eli Lilly

$117.51

2.07 (1.79%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 24

    Apr

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    Apr

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    Apr

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    May

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    May

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    May

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    May

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    May

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    May

VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Options
Closing CBOE SPX and VIX Index summary for April 23rd »

The CBOE Volatility Index…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SAIL

SailPoint

$28.17

0.66 (2.40%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Hot Stocks
SailPoint Chief Revenue Officer Howard Greenfield to step down »

SailPoint Technologies…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 02

    May

  • 08

    May

EW

Edwards Lifesciences

$180.89

2.64 (1.48%)

16:20
04/23/19
04/23
16:20
04/23/19
16:20
Earnings
Edwards raises FY19 adjusted EPS view to $5.10-$5.35 from $5.05-$5.30 »

Sees FY19 revenue…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Apr

  • 08

    May

SAEX

SAExploration

$4.13

-0.02 (-0.48%)

16:19
04/23/19
04/23
16:19
04/23/19
16:19
Hot Stocks
SAExploration awarded $25M project in Brazil »

SAExploration Holdings…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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CHFC

Chemical Financial

$43.58

0.85 (1.99%)

16:18
04/23/19
04/23
16:18
04/23/19
16:18
Earnings
Chemical Financial reports Q1 ex-items EPS $1.02, consensus 99c »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

    Apr

  • 01

    May

  • 07

    May

RAD

Rite Aid

$9.90

-0.86 (-7.99%)

, MO

Altria Group

$54.84

0.23 (0.42%)

16:18
04/23/19
04/23
16:18
04/23/19
16:18
Hot Stocks
Rite Aid to increase minimum tobacco purchase age to 21 years old »

Rite Aid will increase…

RAD

Rite Aid

$9.90

-0.86 (-7.99%)

MO

Altria Group

$54.84

0.23 (0.42%)

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

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  • 25

    Apr

  • 16

    May

HBMD

Howard Bancorp

$14.11

-0.01 (-0.07%)

16:18
04/23/19
04/23
16:18
04/23/19
16:18
Earnings
Howard Bancorp reports Q1 EPS 22c, consensus 20c »

Total assets at March 31,…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 22

    May

EBAY

eBay

$36.66

0.51 (1.41%)

16:18
04/23/19
04/23
16:18
04/23/19
16:18
Earnings
eBay raises FY19 adjusted EPS view to $2.64-$2.70 from $2.62-$2.68 »

FY19 consensus $2.66.…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

SPN

Superior Energy

$4.97

-0.02 (-0.40%)

16:18
04/23/19
04/23
16:18
04/23/19
16:18
Earnings
Superior Energy reports Q1 EPS (31c), consensus (24c) »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

    Apr

EW

Edwards Lifesciences

$180.89

2.64 (1.48%)

16:17
04/23/19
04/23
16:17
04/23/19
16:17
Earnings
Edwards Lifesciences reports Q1 adjusted EPS $1.32, consensus $1.22 »

Reports Q1 revenue $993M,…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

  • 08

    May

TWTR

Twitter

$39.76

5.37 (15.62%)

16:17
04/23/19
04/23
16:17
04/23/19
16:17
Periodicals
Twitter CEO to have 'closed-door meeting' with President Trump, Motherboard says »

Twitter CEO Jack Dorsey…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

  • 20

    May

HXL

Hexcel

$69.67

1.4 (2.05%)

16:17
04/23/19
04/23
16:17
04/23/19
16:17
Earnings
Hexcel backs FY19 adj. EPS view of $3.38-$3.52, consensus $3.46 »

Backs FY19 revenue view…

03/08/13
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03/08/13
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03/06/13
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  • 24

    Apr

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    Jun

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
04/23/19
04/23
16:17
04/23/19
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was average for…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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MET

MetLife

$45.43

0.24 (0.53%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Hot Stocks
MetLife raises quarterly dividend by 4.8% to 44c per share »

The dividend will be…

03/08/13
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  • 02

    May

  • 11

    Jun

  • 18

    Jun

  • 18

    Jun

MRCY

Mercury Systems

$71.81

1.38 (1.96%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Hot Stocks
Mercury Systems receives $9M follow-on order »

Mercury Systems announced…

03/08/13
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  • 30

    Apr

  • 05

    Jun

RHI

Robert Half

$68.83

1.46 (2.17%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Earnings
Robert Half reports Q1 EPS 93c, consensus 95c »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

  • 22

    May

EBAY

eBay

$36.66

0.51 (1.41%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Earnings
eBay sees Q2 adjusted EPS 61c-63c, consensus 60c »

Sees Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

HXL

Hexcel

$69.67

1.4 (2.05%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Earnings
Hexcel reports Q1 EPS 84c, consensus 78c »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 24

    Apr

  • 09

    May

  • 05

    Jun

$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
04/23/19
04/23
16:16
04/23/19
16:16
Technical Analysis
NYSE market internals summary »

Volume was average for…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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TSS

TSYS

$102.25

1.46 (1.45%)

16:15
04/23/19
04/23
16:15
04/23/19
16:15
Earnings
TSYS reports Q1 adjusted EPS $1.20, consensus $1.16 »

Reports Q1 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

  • 02

    May

EBAY

eBay

$36.66

0.51 (1.41%)

16:15
04/23/19
04/23
16:15
04/23/19
16:15
Earnings
eBay reports Q1 adjusted EPS 67c, consensus 63c »

Reports Q1 revenue $2.6B,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Apr

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