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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

FDS

FactSet

$231.53

-0.05 (-0.02%)

, JBL

Jabil

$30.08

0.22 (0.74%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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FDS

FactSet

$231.53

-0.05 (-0.02%)

JBL

Jabil

$30.08

0.22 (0.74%)

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    Sep

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    Nov

LOXO

Loxo Oncology

$163.07

3.91 (2.46%)

20:16
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  • 26

    Nov

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    Nov

PTLA

Portola Pharmaceuticals

$27.16

-0.39 (-1.42%)

20:15
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20:15
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Portola granted orphan status for cerdulatinib »

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  • 31

    Dec

TNC

Tennant

$72.75

-1.15 (-1.56%)

20:01
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20:01
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Tennant to Acquire Gaomei Cleaning Equipment Company, terms not stated »

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VNO

Vornado

$73.52

-1.58 (-2.10%)

19:20
09/24/18
09/24
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Vornado now owns 100% interest in retail condo at Marriott Marquis Times Square »

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  • 25

    Sep

GOOG

Alphabet

$1,173.38

7.17 (0.61%)

, GOOGL

Alphabet Class A

$1,179.78

7.56 (0.64%)

19:08
09/24/18
09/24
19:08
09/24/18
19:08
Periodicals
Google CEO to meet with top Republican lawmakers Friday, WSJ says »

Google CEO Sundar Pichai…

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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03/06/13
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  • 26

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    Oct

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    Oct

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    Nov

  • 03

    Mar

ASNA

Ascena Retail

$4.02

-0.21 (-4.96%)

, BAS

Basic Energy

$9.44

0.18 (1.94%)

18:56
09/24/18
09/24
18:56
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18:56
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Ascena…

ASNA

Ascena Retail

$4.02

-0.21 (-4.96%)

BAS

Basic Energy

$9.44

0.18 (1.94%)

KEG

Key Energy

$13.46

-0.18 (-1.32%)

PSTI

Pluristem

$1.31

(0.00%)

ARNA

Arena Pharmaceuticals

$42.80

-1.05 (-2.39%)

NOVN

Novan

$2.72

0.015 (0.56%)

SNDX

Syndax

$7.23

0.46 (6.79%)

DCPH

Deciphera

$39.80

0.78 (2.00%)

BJ

BJ's Wholesale

$28.47

-0.68 (-2.33%)

PETQ

PetIQ

$41.07

-0.55 (-1.32%)

CNP

CenterPoint Energy

$27.81

-0.23 (-0.82%)

CTL

CenturyLink

$22.90

-0.04 (-0.17%)

PBR

Petrobras

$11.40

-0.105 (-0.91%)

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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  • 24

    Sep

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    Sep

  • 01

    Oct

  • 02

    Oct

  • 02

    Oct

  • 03

    Oct

  • 04

    Oct

  • 28

    Oct

  • 08

    Nov

  • 27

    Nov

  • 26

    Sep

  • 27

    Sep

  • 27

    Sep

PBR

Petrobras

$11.40

-0.105 (-0.91%)

18:54
09/24/18
09/24
18:54
09/24/18
18:54
Hot Stocks
Breaking Hot Stocks news story on Petrobras »

Petrobras reports August…

03/08/13
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VRSN

VeriSign

$158.97

-0.79 (-0.49%)

18:39
09/24/18
09/24
18:39
09/24/18
18:39
Recommendations
VeriSign analyst commentary at JPMorgan »

VeriSign price target…

03/08/13
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TI

Telecom Italia

$6.54

-0.1 (-1.51%)

18:35
09/24/18
09/24
18:35
09/24/18
18:35
Periodicals
Telecom Italia discussed Nextel bid at board meeting, Bloomberg says »

Telecom Italia's…

03/08/13
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03/06/13
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INSG

Inseego

$4.01

-0.08 (-1.96%)

18:31
09/24/18
09/24
18:31
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18:31
Hot Stocks
Inseego names John Weldon to head Enterprise SaaS Solutions division »

Inseego announced the…

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PCG

PG&E

$46.30

-0.48 (-1.03%)

18:31
09/24/18
09/24
18:31
09/24/18
18:31
Periodicals
PG&E says will invest $360M in electric car infrastructure, Bloomberg says »

PG&E senior manager…

03/08/13
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  • 25

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    Nov

KKR

KKR

$28.25

-0.01 (-0.04%)

18:21
09/24/18
09/24
18:21
09/24/18
18:21
Hot Stocks
KKR announces intra-quarter Q3 monetization activity »

KKR announced…

03/08/13
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UNH

UnitedHealth

$267.35

0.6 (0.22%)

, EVHC

Envision Healthcare

$45.72

0.07 (0.15%)

18:17
09/24/18
09/24
18:17
09/24/18
18:17
Periodicals
UnitedHealth tells Hospitals about Envision ER contracts, Reuters says »

UnitedHealth (UNH) plans…

UNH

UnitedHealth

$267.35

0.6 (0.22%)

EVHC

Envision Healthcare

$45.72

0.07 (0.15%)

03/08/13
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03/08/13
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03/06/13
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  • 25

    Sep

  • 16

    Oct

AMZN

Amazon.com

$1,934.50

16.75 (0.87%)

, UBER

Uber

$0.00

(0.00%)

18:14
09/24/18
09/24
18:14
09/24/18
18:14
Periodicals
Amazon has made two approaches to buy Deliveroo, Telegraph reports »

Amazon has made two…

AMZN

Amazon.com

$1,934.50

16.75 (0.87%)

UBER

Uber

$0.00

(0.00%)

03/08/13
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  • 26

    Sep

BK

BNY Mellon

$52.36

-0.9 (-1.69%)

17:48
09/24/18
09/24
17:48
09/24/18
17:48
Hot Stocks
BNY Mellon Investment Management to close EACM Advisors »

BNY Mellon Investment…

03/08/13
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  • 18

    Oct

EPZM

Epizyme

$10.23

-0.075 (-0.73%)

17:44
09/24/18
09/24
17:44
09/24/18
17:44
Initiation
Epizyme initiated at Leerink »

Epizyme initiated with a…

03/08/13
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  • 24

    Sep

  • 02

    Oct

NAVB

Navidea

$0.25

-0.0135 (-5.14%)

17:31
09/24/18
09/24
17:31
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17:31
Hot Stocks
Breaking Hot Stocks news story on Navidea »

John K. Scott, Jr.…

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LYL

Dragon Victory

$1.46

(0.00%)

17:30
09/24/18
09/24
17:30
09/24/18
17:30
Hot Stocks
Breaking Hot Stocks news story on Dragon Victory »

White Knight Ltd reports…

03/08/13
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RDS.A

Royal Dutch Shell

$68.18

0.89 (1.32%)

, RDS.B

Royal Dutch Shell

$70.25

0.67 (0.96%)

17:30
09/24/18
09/24
17:30
09/24/18
17:30
Periodicals
Shell CEO weighs $30B LNG export terminal in Canada, WSJ says »

Royal Dutch Shell CEO Ben…

RDS.A

Royal Dutch Shell

$68.18

0.89 (1.32%)

RDS.B

Royal Dutch Shell

$70.25

0.67 (0.96%)

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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SEND

SendGrid

$35.40

-0.085 (-0.24%)

17:27
09/24/18
09/24
17:27
09/24/18
17:27
Initiation
SendGrid initiated at First Analysis »

SendGrid initiated with a…

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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PGNX

Progenics

$6.44

0.03 (0.47%)

17:25
09/24/18
09/24
17:25
09/24/18
17:25
Hot Stocks
Breaking Hot Stocks news story on Progenics »

Armistice Capital reports…

03/08/13
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  • 01

    Oct

  • 27

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VLY

Valley National

$11.76

-0.26 (-2.16%)

17:20
09/24/18
09/24
17:20
09/24/18
17:20
Hot Stocks
Valley National announces transfer of listing to Nasdaq »

Valley National Bancorp…

03/08/13
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  • 29

    Oct

  • 01

    Nov

CPT

Camden Property

$93.35

-1.6 (-1.69%)

17:18
09/24/18
09/24
17:18
09/24/18
17:18
Hot Stocks
Camden Property completes acquisition of Florida apartment community »

Camden Property Trust…

03/08/13
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  • 25

    Sep

ST

Sensata

$50.74

-1.14 (-2.20%)

17:13
09/24/18
09/24
17:13
09/24/18
17:13
Hot Stocks
Sensata acquires privately-held GIGAVAC FOR approximately $233M »

Sensata Technologies…

03/08/13
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  • 13

    Nov

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