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PYPL

PayPal

$91.20

0.61 (0.67%)

14:44
09/21/18
09/21
14:44
09/21/18
14:44

PayPal confirms ending business relationship with Infowars

In a blog post, PayPal confirmed that it is ending its business relationship with Infowars and its related websites. "We understand this decision will be controversial to some," the company said. "As a company, we take seriously our responsibility to ensure that our values are at the core of everything we do, and we will take action to stand for our values. We do not take these actions lightly and we work hard to be rigorous and fair-minded. We undertook an extensive review of the Infowars sites, and found instances that promoted hate and discriminatory intolerance against certain communities and religions that run counter to our core value of inclusion. We believe that hatred and discrimination have no place in our democratic society and, we do not support this conduct." Reference Link

  • 26

    Nov

PYPL PayPal
$91.20

0.61 (0.67%)

08/30/18
08/30/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. PayPal (PYPL) initiated with a Buy at Berenberg. 2. Akoustis (AKTS) initiated with an Outperform at Oppenheimer. 3. Adverum Biotechnologies (ADVM) initiated with a Buy at SunTrust. 4. Tocagen (TOCA) initiated with a Buy at Chardan. 5. Tandem Diabetes (TNDM) initiated with a Buy at Berenberg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/30/18
08/30/18
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. GUGGENHEIM UPGRADES ARLO TO BUY: Guggenheim upgraded Arlo Technologies (ARLO) to Buy from Neutral and maintained a $26 price target. Analyst Robert Cihra said the recent pullback in shares offers a compelling buying opportunity and the company has a meaningful runway to keep growing. Arlo shares are up 4% in late morning trading. JPMORGAN UPGRADES NUTANIX TO NEUTRAL: JPMorgan analyst Mark Murphy upgraded Nutanix (NTNX) to Neutral from Underweight and raised his price target for the shares to $54 from $39. The analyst's latest round of Nutanix checks and his latest VMware (VMW) survey suggest a "strong demand environment" for hyperconverged infrastructure. Nutanix is the leader in this space, Murphy said. He expects to see a "strong healthy quarter" from Nutanix, especially in terms of bookings. Murphy believes the stock offers a balanced risk/reward at current share levels. BERENBERG INITIATES PAYPAL WITH A BUY: Berenberg analyst Tammy Qiu started PayPal (PYPL) with a Buy rating and $104 price target. Innovators such as PayPal will remain competitive versus new entrants to the payments sector, Qiu said. The analyst views PayPal as a core holding in the payment and fintech space "because it is well positioned to enable financial inclusion via its wide product range." In addition, its two-sided platform, which serves merchants and consumers, makes it unique, Qiu contended. SALESFORCE DEFENDED AFTER EARNINGS, PRICE TARGET RAISED AT MULTIPLE FIRMS: Piper Jaffray analyst Alex Zukin raised his price target for Salesforce (CRM) to $180 from $165, saying the company posted a solid start to the year, with all metrics coming in ahead of consensus in spite of meaningful currency headwinds during the quarter. The analyst recommends using the post-earnings selloff as an opportunity to buy the shares. He sees near-term catalysts from Dreamforce and the company's analyst day, as well as a "strong" federal budget flush in Q3 and the "best IT spending environment in history." Zukin reiterated an Overweight rating on Salesforce shares. Additionally, Jefferies analyst John DiFucci raised his price target for Salesforce to $172 from $168 citing the company's "solid" Q2 results which he says exceeded expectations across the board. The print, however, was perhaps not as strong as the last two quarters, the analyst adds. While billings guidance implies further moderation of new subscription annual contract value in the second half of fiscal 2019, this likely reflects management's "typically prudent approach to guidance," DiFucci contends. He recommends buying Salesforce on any weakness today and keeps a Buy rating on the shares. Salesforce is off earlier lows, and is currently trading down 1.4%.
09/11/18
KEYB
09/11/18
NO CHANGE
Target $105
KEYB
Overweight
PayPal price target raised to $105 from $100 at KeyBanc
KeyBanc analyst Josh Beck raised his price target for PayPal to $105 from $100, while reiterating an Overweight rating on the shares. The analyst believes the Venmo debit card could prove to be a meaningful product launch as it opens up the offline opportunity, offers a clear monetization vehicle for P2P consumers; and could evolve into a "FinApp" with broader financial service capabilities.
09/13/18
RAJA
09/13/18
INITIATION
Target $108
RAJA
Outperform
PayPal resumed with an Outperform at Raymond James
Raymond James resumed coverage on PayPal with an Outperform and $108 price target.

TODAY'S FREE FLY STORIES

WES

Western Gas Partners

$49.52

0.38 (0.77%)

, WGP

Western Gas Equity

$32.38

0.2 (0.62%)

19:30
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19:30
Recommendations
Western Gas Partners, Western Gas Equity analyst commentary at MUFG »

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WES

Western Gas Partners

$49.52

0.38 (0.77%)

WGP

Western Gas Equity

$32.38

0.2 (0.62%)

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  • 15

    Feb

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    Mar

PXD

Pioneer Natural

$145.33

2.27 (1.59%)

19:19
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Pioneer Natural analyst commentary at MUFG »

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  • 22

    May

ZTS

Zoetis

$95.38

2.16 (2.32%)

18:42
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Zoetis CEO says: 'Diagnostics are more important in animals than humans' »

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JNJ

Johnson & Johnson

$136.40

2.13 (1.59%)

18:22
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Hot Stocks
Johnson & Johnson CEO: 'We ended 2018 with great results' »

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  • 18

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WIN

Windstream

$3.37

0.2 (6.31%)

, UNIT

Uniti Group

$20.00

0.53 (2.72%)

18:18
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Periodicals
Court says Windstream defaulted on bonds in 2015, Bloomberg says »

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WIN

Windstream

$3.37

0.2 (6.31%)

UNIT

Uniti Group

$20.00

0.53 (2.72%)

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  • 25

    Feb

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    Feb

BHVN

Biohaven Pharmaceutical

$45.32

1.36 (3.09%)

18:14
02/15/19
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18:14
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Hot Stocks
Biohaven treatment of multiple system atrophy granted FDA orphan designation »

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AMGN

Amgen

$188.31

1.6 (0.86%)

18:11
02/15/19
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18:11
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18:11
Hot Stocks
Amgen treatment of Acute Myeloid Leukemia granted FDA orphan designation »

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CE

Celanese

$100.19

1.19 (1.20%)

18:02
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18:02
Hot Stocks
Celanese announces Acetyl Intermediates price increases in China »

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WIN

Windstream

$3.37

0.2 (6.31%)

, UNIT

Uniti Group

$20.00

0.53 (2.72%)

17:58
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02/15
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Periodicals
Court says Windstream defaulted on bonds in 2015, Bloomberg says »

A court has ruled that…

WIN

Windstream

$3.37

0.2 (6.31%)

UNIT

Uniti Group

$20.00

0.53 (2.72%)

03/08/13
Wedge Partners
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03/06/13
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  • 25

    Feb

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    Feb

GLD

SPDR Gold Shares

$124.81

0.77 (0.62%)

17:41
02/15/19
02/15
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17:41
Hot Stocks
SPDR Gold Shares holdings fall to 793.03MT from 796.85MT »

This is the lowest level…

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MDLZ

Mondelez

$48.17

0.84 (1.77%)

17:26
02/15/19
02/15
17:26
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17:26
Hot Stocks
Mondelez to transfer listing of debt securities to Nasdaq »

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  • 18

    Feb

  • 06

    Mar

  • 28

    May

FN

Fabrinet

$55.23

0.67 (1.23%)

17:25
02/15/19
02/15
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17:25
Hot Stocks
Fabrinet CFO sells 20K shares of common stock »

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  • 26

    Feb

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  • 04

    Mar

UBER

Uber

$0.00

(0.00%)

17:24
02/15/19
02/15
17:24
02/15/19
17:24
Periodicals
Uber sues NYC over move to cap number of ride-hailing drivers, Bloomberg says »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$277.40

2.93 (1.07%)

17:19
02/15/19
02/15
17:19
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Periodicals
House Democrats to probe POTUS emergency declaration, Bloomberg says »

The House Judiciary…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$277.40

2.93 (1.07%)

03/08/13
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ORCL

Oracle

$51.71

0.25 (0.49%)

17:11
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Hot Stocks
Oracle authorizes additional $12B stock buyback under existing program »

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  • 03

    Mar

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    Mar

SBLK

Star Bulk Carriers

$8.21

0.13 (1.61%)

17:03
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Star Bulk Carriers acquires 95,605 of its common shares »

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HOLI

Hollysys

$20.56

0.26 (1.28%)

17:02
02/15/19
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17:02
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Earnings
Hollysys reports Q2 adjusted EPS 73c, consensus 59c »

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  • 17

    Feb

AKS

AK Steel

$2.98

-0.015 (-0.50%)

16:58
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Syndicate
Breaking Syndicate news story on AK Steel »

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16:55
02/15/19
02/15
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General news
Treasury Market Summary: i »

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LPTX

Leap Therapeutics

$1.65

(0.00%)

16:53
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Valence Helix Investments discloses 10.99% stake in Leap Therapeutics »

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MPB

Mid Penn Bancorp

$23.25

-0.24 (-1.02%)

16:52
02/15/19
02/15
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Hot Stocks
Mid Penn Bancorp seeks approval to relocate Allentown Boulevard branch »

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REGN

Regeneron

$423.79

8.54 (2.06%)

, AMGN

Amgen

$188.31

1.6 (0.86%)

16:44
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Hot Stocks
Regeneron says EPO revokes Immunex's European patent No. 2,990,420 »

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REGN

Regeneron

$423.79

8.54 (2.06%)

AMGN

Amgen

$188.31

1.6 (0.86%)

03/08/13
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  • 11

    Mar

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    May

UPS

UPS

$110.89

-0.91 (-0.81%)

16:44
02/15/19
02/15
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Hot Stocks
UPS CFO sells 9.1K shares of common stock »

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  • 03

    Mar

DAL

Delta Air Lines

$51.09

0.58 (1.15%)

16:43
02/15/19
02/15
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Syndicate
Breaking Syndicate news story on Delta Air Lines »

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UPS

UPS

$110.89

-0.91 (-0.81%)

16:42
02/15/19
02/15
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Hot Stocks
UPS raises quarterly dividend to 96c per share from 91c »

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  • 03

    Mar

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