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FB

Facebook

$165.40

2.5 (1.53%)

06:05
09/25/18
09/25
06:05
09/25/18
06:05

Instagram co-founders left amid frustrations with Facebook, Recode reports

Instagram co-founders Kevin Systrom and Mike Krieger are departing the company they built amid frustration and agitation with Facebook CEO Mark Zuckerberg's increased control over Instagram, Recode reports, citing sources. The co-founders of the platform, which was sold to Facebook in 2012 for $1B, have disagreed with Zuckerberg on several recent product changes, including changes to comments and how posts are between the two networks. Reference Link

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    Oct

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    Nov

FB Facebook
$165.40

2.5 (1.53%)

09/14/18
PIPR
09/14/18
NO CHANGE
PIPR
Piper says Amazon, Facebook, Alphabet attractive despite regulatory pressure
Piper Jaffray analyst Michael Olson believes shares of Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOG, GOOGL) remain attractive despite increased regulatory pressure in the near-term. While current regulatory challenges present "multiple issues over the next few months," the long-term outlook remains favorable for all three companies, Olson tells investors in a research note. The analyst believes Facebook may be becoming less exposed from a regulatory perspective going forward given that the company "has now done extensive work to bring its platform in line with recent privacy regulations and because it is now giving the deserved attention to privacy." Between the three companies, Alphabet may face the most regulatory headwind given its open infrastructure marketing platform exposure on privacy and targeting, susceptibility to copyright changes through YouTube, and its dominant position in search amenable to antitrust issues, the analyst contends. However, he believes Google, YouTube, Android, and Gmail together "create a once-in-a-generation asset with continued strong revenue growth potential, high margins, and secular tailwinds." For Amazon, Olson sees the biggest worries as antitrust and Post Office changes. However, he thinks antitrust law precedent will be upheld and points out the company continues to build its own last-mile delivery to lessen its dependency on the United States Postal Service.
09/18/18
JPMS
09/18/18
NO CHANGE
Target $195
JPMS
Overweight
JPMorgan cuts estimates for Facebook, drops price target to $195
JPMorgan analyst Doug Anmuth lowered his 2019 and 2020 earnings estimates for Facebook (FB) by 5%-6% on the company's bigger investment increases over the next couple years, which he does not believe are fully captured in consensus estimates. The analyst says Facebook remains the most controversial company in his Internet coverage universe. The company is in transition as it pushes Stories more prominently on the core platform and rolls out stronger privacy tools for users. Even with Facebook suggesting it could reach mid-30%'s operating margins in a few or several years, investments in 2019 could be larger than anticipated in consensus estimates, Anmuth tells investors in a research note. The analyst also cut his price target for the shares to $195 from $205. However, he keeps an Overweight rating on the shares. Anmuth's top overall Internet picks are Amazon.com (AMZN), Twitter (TWTR) and Yelp (YELP.)
09/18/18
09/18/18
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. JPMORGAN CUTS ESTIMATES, PRICE TARGET ON FACEBOOK: JPMorgan analyst Doug Anmuth lowered his 2019 and 2020 earnings estimates for Facebook (FB) by 5%-6% on the company's bigger investment increases over the next couple years, which he does not believe are fully captured in consensus estimates. Even with Facebook suggesting it could reach mid-30% operating margins in a few or several years, investments in 2019 could be larger than anticipated in consensus estimates, Anmuth said. The analyst also cut his price target for the shares to $195 from $205. However, he kept an Overweight rating on Facebook. PIVOTAL CUTS DISCOVERY TO SELL: Pivotal Research analyst Brian Wieser downgraded Discovery (DISCA) to Sell with an unchanged price target of $26. Despite "tepid" earnings and "underwhelming" longer-term trends, the stock is up 20% over the past month, Wieser noted. While Discovery's agreements with Hulu and Sling are positive, they do not meaningfully alter the company's fundamentals, the analyst added. His price target implies 19% downside from current share levels. MIZUHO BOOSTS AMD PRICE TARGET: Mizuho analyst Vijay Rakesh raised his price target for AMD (AMD) to $36 from $20 after meeting PC supply chain companies in Asia. AMD's expected server EPYC shipment spike in Q4 will be key, as Intel (INTC) continues to lack a CEO and a competitive technology response to AMD's 12nm Ryzen and 7nm Vega launch, Rakesh said. The analyst, who admits there could be "near-term bumps," kept a Buy rating on shares of AMD. CANACCORD SAYS KAPERNICK AD HAS 'OVERWHELMING' SUPPORT: Canaccord analyst Camilo Lyon conducted a proprietary survey to assess the impact of Nike's (NKE) "Just Do It" ad featuring former NFL quarterback Colin Kapernick. The findings suggest the impact was overall positive and he expects the company to confirm that when it reports Q1 results next week. He believes the ad has had the intended effect of positively skewing the company's brand perception and likely provided a bump in sales. Lyon reiterated his Buy rating and $95 price target on Nike shares. PIPER, WILLIAM BLAIR DEFEND NUTANIX: Nutanix (NTNX) shares dropped 11.5% Monday due to an article from The Information citing a potential competitive hyperconverged infrastructure offering from Google (GOOG, GOOGL), but Piper Jaffray analyst Andrew Nowinski views the selling pressure as "excessive" and reiterates an Overweight rating on Nutanix with a $66 price target. William Blair analyst Jason Ader called the fear of competition from Google "overblown" and reiterated an Outperform rating on Nutanix.
09/25/18
NOMU
09/25/18
NO CHANGE
Target $125
NOMU
Buy
Square price target raised to $125 from $86 at Nomura Instinet
Nomura Instinet analyst Dan Dolev raised his price target for Square (SQ) to $125 from $86 and keeps a Buy rating on the shares. The stock closed yesterday up 75c to $86.04. The analyst's analysis of Square's fundamentals indicates "buoyant" gross payment volume, revenue and marketing efficacy trends. The company's "fully cohesive solutions and rapid rate of innovation" suggest that it is en route to disrupt the global payments ecosystem, Dolev tells investors in a research note titled "Improving Momentum Means $125 Is Within Reach." He believes this is similar to the FANG stocks, or Facebook (FB), Amazon.com (AMZN), Netflix (NFLX) and Google (GOOG, GOOGL), that have "disrupted traditional markets with massive" global total addressable markets. Further, Dolev believes shares of Square are not too expensive when taking into account its "stellar" 45% expected three-year annual revenue growth, which he thinks "makes it screen more attractively than many payment peers and FANG stocks."

TODAY'S FREE FLY STORIES

RTLR

Rattler Midstream

$0.00

(0.00%)

10:43
05/23/19
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10:43
Syndicate
Breaking Syndicate news story on Rattler Midstream »

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  • 23

    May

XLE

Energy Select Sector SPDR

$61.29

-2.23 (-3.51%)

10:40
05/23/19
05/23
10:40
05/23/19
10:40
Options
Massive ratio put spread in Energy SPDR ETF adjust profitable position »

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ACAD

Acadia

$24.78

-0.33 (-1.31%)

, ALKS

Alkermes

$24.44

-0.61 (-2.44%)

10:39
05/23/19
05/23
10:39
05/23/19
10:39
Conference/Events
JPMorgan biotech analysts to hold an analyst/industry conference call »

Biotech Analysts Fye,…

ACAD

Acadia

$24.78

-0.33 (-1.31%)

ALKS

Alkermes

$24.44

-0.61 (-2.44%)

ITCI

Intra-Cellular

$13.49

0.41 (3.13%)

NBIX

Neurocrine

$78.73

-1.14 (-1.43%)

SAGE

Sage Therapeutics

$173.51

-1.49 (-0.85%)

03/08/13
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IDYA

IDEAYA Biosciences

$0.00

(0.00%)

10:37
05/23/19
05/23
10:37
05/23/19
10:37
Syndicate
IDEAYA Biosciences indicated to open at $14, IPO priced at $10 »

IDEAYA Biosciences (IDYA)…

03/08/13
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  • 23

    May

CZR

Caesars

$8.96

-0.155 (-1.70%)

10:35
05/23/19
05/23
10:35
05/23/19
10:35
Options
Caesars put volume heavy and directionally bearish »

Bearish flow noted in…

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10:30
05/23/19
05/23
10:30
05/23/19
10:30
General news
EIA natural gas storage change for week ending May 17 »

Gas inventories 100 Bcf…

RTLR

Rattler Midstream

$0.00

(0.00%)

10:25
05/23/19
05/23
10:25
05/23/19
10:25
Syndicate
Breaking Syndicate news story on Rattler Midstream »

Rattler Midstream…

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

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10:25
05/23/19
05/23
10:25
05/23/19
10:25
Conference/Events
JPMorgan TMT analyst to hold an Analyst/Industry conference call »

TMT Sector Specialist…

AGR

Avangrid

$50.37

-0.04 (-0.08%)

10:23
05/23/19
05/23
10:23
05/23/19
10:23
Hot Stocks
Avangrid Renewables announces new wind contract with Dairyland »

Dairyland Power…

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  • 04

    Jun

AMX

America Movil, also tag AMOV

$14.15

-0.19 (-1.33%)

10:20
05/23/19
05/23
10:20
05/23/19
10:20
Options
Call buyer opens a notable new position in American Movil »

Call buyer opens a…

03/08/13
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RTLR

Rattler Midstream

$0.00

(0.00%)

, FANG

Diamondback Energy

$103.16

-5.71 (-5.24%)

10:19
05/23/19
05/23
10:19
05/23/19
10:19
Syndicate
Breaking Syndicate news story on Rattler Midstream, Diamondback Energy »

Rattler Midstream…

RTLR

Rattler Midstream

$0.00

(0.00%)

FANG

Diamondback Energy

$103.16

-5.71 (-5.24%)

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

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
05/23/19
05/23
10:17
05/23/19
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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Citigroup
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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
05/23/19
05/23
10:16
05/23/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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SUNW

Sunworks

$0.68

0.0226 (3.42%)

10:15
05/23/19
05/23
10:15
05/23/19
10:15
Hot Stocks
Sunworks wins contract to build 1 MW solar project for California school »

Sunworks announced it has…

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RTLR

Rattler Midstream

$0.00

(0.00%)

, FANG

Diamondback Energy

$102.97

-5.9 (-5.42%)

10:15
05/23/19
05/23
10:15
05/23/19
10:15
Syndicate
Rattler Midstream indicated to open at $17.50, IPO priced at $17.50 »

Rattler Midstream (RTLR),…

RTLR

Rattler Midstream

$0.00

(0.00%)

FANG

Diamondback Energy

$102.97

-5.9 (-5.42%)

03/08/13
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03/06/13
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03/06/13
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  • 06

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TSLA

Tesla

$197.24

5.85 (3.06%)

10:15
05/23/19
05/23
10:15
05/23/19
10:15
Periodicals
Musk says Tesla produced 900 Model 3s per day this week, Reuters reports »

Tesla has produced 900…

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  • 11

    Jun

SBUX

Starbucks

$76.11

-1.12 (-1.45%)

10:15
05/23/19
05/23
10:15
05/23/19
10:15
Options
Starbucks put volume heavy and directionally bearish »

Bearish flow noted in…

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03/06/13
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  • 06

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10:15
05/23/19
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10:15
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10:15
General news
FX Action: The dollar »

FX Action: The dollar…

10:15
05/23/19
05/23
10:15
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10:15
General news
Breaking General news story  »

Week of 5/17 EIA Natural…

CMG

Chipotle

$665.03

-41.02 (-5.81%)

, BLMN

Bloomin' Brands

$18.74

-1.46 (-7.23%)

10:12
05/23/19
05/23
10:12
05/23/19
10:12
On The Fly
Chipotle seen among restaurants most at risk from African swine fever pressure »

Shares of Chipotle…

CMG

Chipotle

$665.03

-41.02 (-5.81%)

BLMN

Bloomin' Brands

$18.74

-1.46 (-7.23%)

TXRH

Texas Roadhouse

$52.05

-2.96 (-5.38%)

HRL

Hormel Foods

$38.38

-1.1 (-2.79%)

03/08/13
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03/08/13
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  • 13

    Nov

ELAN

Elanco

$32.33

-0.055 (-0.17%)

, CTB

Cooper Tire

$28.35

-0.28 (-0.98%)

10:10
05/23/19
05/23
10:10
05/23/19
10:10
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

ELAN

Elanco

$32.33

-0.055 (-0.17%)

CTB

Cooper Tire

$28.35

-0.28 (-0.98%)

GT

Goodyear Tire

$14.59

-0.41 (-2.73%)

SCPL

SciPlay

$15.40

-0.06 (-0.39%)

TH

Target Hospitality

$10.74

-0.06 (-0.56%)

ALLO

Allogene Therapeutics

$28.29

-0.75 (-2.58%)

03/08/13
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  • 06

    Jun

QCOM

Qualcomm

$66.24

-3 (-4.33%)

, CMG

Chipotle

$665.03

-41.02 (-5.81%)

10:10
05/23/19
05/23
10:10
05/23/19
10:10
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

QCOM

Qualcomm

$66.24

-3 (-4.33%)

CMG

Chipotle

$665.03

-41.02 (-5.81%)

BLMN

Bloomin' Brands

$18.73

-1.47 (-7.28%)

SSL

Sasol

$24.66

-0.95 (-3.71%)

EXPE

Expedia

$115.63

-1.14 (-0.98%)

NTAP

NetApp

$58.89

-3.69 (-5.90%)

03/08/13
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TGT

Target

$77.90

0.4 (0.52%)

, PM

Philip Morris

$85.84

0.38 (0.44%)

10:10
05/23/19
05/23
10:10
05/23/19
10:10
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

TGT

Target

$77.90

0.4 (0.52%)

PM

Philip Morris

$85.84

0.38 (0.44%)

BKNG

Booking Holdings

$1,726.43

-19.07 (-1.09%)

VRTX

Vertex

$171.22

-1.15 (-0.67%)

RACE

Ferrari

$141.66

-1.22 (-0.85%)

03/08/13
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03/06/13
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  • 05

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10:10
05/23/19
05/23
10:10
05/23/19
10:10
General news
U.S. new home sales dropped 6.9% to 673k in April »

U.S. new home sales…

VRNT

Verint

$56.09

-5.12 (-8.36%)

10:07
05/23/19
05/23
10:07
05/23/19
10:07
Hot Stocks
Verint named Strong Sell at Spruce Point as M&A 'obscures' organic growth »

Shares of Verint (VRNT)…

03/08/13
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