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AAPL

Apple

$224.26

-3.59 (-1.58%)

, SMCI

Super Micro Computer

$0.00

(0.00%)

16:04
10/07/18
10/07
16:04
10/07/18
16:04

Apple finds no signs of hacking attack, Reuters reports

Apple's (AAPL) top security officer told Congress that it had found no sign of suspicious transmissions or other evidence that it had been penetrated in a sophisticated attack on its supply chain, according to Reuters. Apple Vice President for Information Security George Stathakopoulos wrote in a letter to the Senate and House commerce committees that the company found no evidence for the main points in a Bloomberg Businessweek article published on Thursday, which said that chips inside servers sold to Apple by Super Micron Computer (SMCI) allowed for backdoor transmissions to China, the report added. Reference Link

AAPL

Apple

$224.26

-3.59 (-1.58%)

SMCI

Super Micro Computer

$0.00

(0.00%)

AAPL Apple
$224.26

-3.59 (-1.58%)

09/28/18
NOMU
09/28/18
NO CHANGE
Target $215
NOMU
Buy
Apple price target raised to $215 from $210 at Nomura Instinet
Nomura Instinet analyst Jeffrey Kvaal raised his price target for Apple to $215 while keeping a Neutral rating on the shares. Falling shipment times for the XS models lifts visibility into the trajectory of two of the three new phones, Kvaal tells investors in a research note. Further, longer shipment times for the Max than the XS imply a "material" average selling price boost, the analyst contends. He upped his fiscal 2019 earnings per share estimate to $14.35 from $14.16.
10/01/18
PIPR
10/01/18
NO CHANGE
Target $250
PIPR
Overweight
Piper calls iPhone ASP estimate conservative after iPhone user survey
After surveying over 700 domestic iPhone owners to ask which iPhone they would buy if they were to upgrade this year, Piper Jaffray analyst Michael Olson believes the consensus average selling price estimate may be conservative. Of those surveyed, 39% indicated they would buy one of the two "flagship" devices, the iPhone Xs or Xs Max, while the remaining 61% would buy some combination of iPhone Xr, 8 or 7, Olson tells investors in a research note. The analyst now expects a fiscal 2019 average selling price of $770, above his previous estimate of $758. Further, Olson believes more choices for next gen form factor iPhones will drive unit upside relative to consensus. For fiscal 2019 he models 223M units versus the consensus at 218M. The analyst raised his estimates for Apple and continues to recommend owning the shares with an Overweight rating and $250 price target.
10/01/18
NOMU
10/01/18
NO CHANGE
NOMU
Buy
ITC ruling Friday reinforces Qualcomm's momentum, says Nomura Instinet
Nomura Instinet analyst Romit Shah believes Friday's International Trade Commission ruling reinforces Qualcomm's (QCOM) momentum in the Apple (AAPL) litigation and increases the likelihood the dispute will be settled before the end of the year. The analyst says he's been recommending Qualcomm shares on the belief that the Apple dispute would be resolved by the end of the year and Qualcomm stands to "benefit greatly" from a resolution. Shah keeps a Buy rating on the shares with an $80 price target.
10/04/18
KEYB
10/04/18
NO CHANGE
KEYB
Carrier survey indicates healthy start for Apple iPhone XS, says KeyBanc
KeyBanc analyst John Vinh says his initial round of carrier survey for the current Apple (AAPL) iPhone XS cycle indicates "solid" sell-through for the iPhone XS/Max as inventories are lean post launch. Demand for the iPhone XS Max has been the strongest, with the majority of stores being sold out, while inventories for the iPhone XS are very healthy, he adds. The analyst also notes that demand for the new models appear to be better compared to the iPhone 8/X launch last year, driven mainly by the adoption of a larger screen at iPhone XS Max. Additionally, Vinh is encouraged with the robust results despite limited promotional activity. His favorite Apple supply chain names are Broadcom (AVGO), Qorvo (QRVO), Skyworks (SWKS), and Synaptics (SYNA).
SMCI Super Micro Computer
$0.00

(0.00%)

08/22/18
DADA
08/22/18
NO CHANGE
Target $14
DADA
Neutral
Super Micro Computer price target lowered to $14 from $24 at DA Davidson
DA Davidson analyst Mark Kelleher lowered his price target on Super Micro Computer to $14 and kept his Neutral rating despite the Q4 earnings beat, citing the company's continued "accounting issues and imminent delisting". The analyst states that the "likely suspension" of trading on the Nasdaq will take Super Micro to be quoted on the OTC, even though the company claims to be making "significant progress" toward filing its delinquent reports and believes its cash flows have not been impacted by the audit committee investigation in its 10K filing.
10/05/18
MAXM
10/05/18
DOWNGRADE
MAXM
Hold
Super Micro Computer downgraded to Hold from Buy at Maxim
10/05/18
MAXM
10/05/18
DOWNGRADE
MAXM
Hold
Super Micro Computer downgraded to Hold at Maxim
As reported earlier, Maxim analyst Nehal Chokshi downgraded Super Micro Computer to Hold. The analyst states that while the Bloomberg Businessweek article alleging the company's "servers sold to customers contained malicious microchips" were strongly refuted, the detail, the reputable nature of the source, and the number of cross reference checks lend to its credibility. Chokshi further notes that the company's ongoing delay in releasing its 2017 10K filing adds to his concerns, stating that he no longer sees reward relative to risk as asymmetric.
10/05/18
10/05/18
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. HP CUT TO NEUTRAL AT JPMORGAN: JPMorgan analyst Paul Coster downgraded HP Inc. (HPQ) to Neutral from Overweight while raising his price target for the shares to $29 from $28. Despite the company's "excellent execution," the shares have limited catalysts ahead, Coster told investors in a research note following the company's analyst day. The analyst recommended investors take profits with the stock up 24% year-to-date. HP shares were lower by 1.9% to $25.91 in late morning trading. ELI LILLY UPGRADED TO OUTPERFORM AT BMO: BMO Capital analyst Alex Arfaei upgraded Eli Lilly (LLY) to Outperform from Market Perform and raised his price target on the shares to $130 from $107. The analyst cited the prospects of LY3298176, a GIP and GLP-1 dual receptor agonist presented at EASD 54th Annual Meeting, which he believes "meaningfully improves" the company's long-term growth prospects. Arfaei sees "continued strong growth of the GLP-1 class" and anticipates an annualized revenue growth of about 15% through 2027, adding that he is also positive on Eli Lilly's margins and its other indications in fields such as obesity. Eli Lilly shares were higher by 1.8% to $115.01 in late morning trading. PEPSI CUT TO NEUTRAL AT MACQUARIE: Macquarie analyst Caroline Levy downgraded Pepsi (PEP) to Neutral from Outperform and cut its price target to $107 from $122 following the company's Q3 report. Levy noted that Pepsi reported solid Q3 organic sales growth of 5%, but EBIT margins fell do to increased brand spending, higher input costs abroad due to FX hikes, and higher freight. The analyst said she expects these pressures to remain a drag on margins and cut estimates to reflect dilution from the Sodastream acquisition, tougher comps, and lack of tax reform benefits. Further, Levy expects organic sales growth will require more investment while costs continue to climb. ROKU STARTED WITH A NEUTRAL AT WEDBUSH: Wedbush analyst Michael Pachter initiated Roku (ROKU) with a Neutral rating and $73 price target. While Roku has built an "exceptional" platform on the back of its players and is positioning itself as the best-in-class option for OTT advertising, Roku's growth is fully priced into its share price, Pachter told investors in a research note. The analyst believes that any pullback may provide an opportunity to build a position. SUPER MICRO COMPUTER CUT TO HOLD AT MAXIM: Maxim analyst Nehal Chokshi downgraded Super Micro Computer (SMCI) to Hold from Buy. The analyst stated that while the Bloomberg Businessweek article alleging the company's "servers sold to customers contained malicious microchips" were strongly refuted, the detail, the reputable nature of the source, and the number of cross reference checks lend to its credibility. Chokshi further noted that the company's ongoing delay in releasing its 2017 10K filing adds to his concerns, stating that he no longer sees reward relative to risk as asymmetric. Super Micro Computer shares were higher by 3.1% to $12.99 in late morning trading.

TODAY'S FREE FLY STORIES

SCG

Scana

$36.46

-4.43 (-10.83%)

, D

Dominion

$73.31

-0.215 (-0.29%)

15:27
10/22/18
10/22
15:27
10/22/18
15:27
Hot Stocks
SCANA says SC judge indicated no final decision has been reached »

SCANA issued the…

SCG

Scana

$36.46

-4.43 (-10.83%)

D

Dominion

$73.31

-0.215 (-0.29%)

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15:25
10/22/18
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15:25
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15:25
Conference/Events
UBS LatAm Equity Research Analyst to hold an analyst/industry conference call »

LatAm Equity…

NKTR

Nektar

$40.00

-8.23 (-17.06%)

, RHHBY

Roche

$0.00

(0.00%)

15:24
10/22/18
10/22
15:24
10/22/18
15:24
Hot Stocks
Nektar Therapeutics plunges as Roche data seen as concern »

Shares of Nektar…

NKTR

Nektar

$40.00

-8.23 (-17.06%)

RHHBY

Roche

$0.00

(0.00%)

LLY

Eli Lilly

$111.88

-0.03 (-0.03%)

BMY

Bristol-Myers

$50.90

-3.41 (-6.28%)

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SCG

Scana

$36.13

-4.76 (-11.64%)

15:20
10/22/18
10/22
15:20
10/22/18
15:20
Hot Stocks
Breaking Hot Stocks news story on Scana »

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CAT

Caterpillar

$130.96

-0.41 (-0.31%)

15:20
10/22/18
10/22
15:20
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15:20
Options
Second day of interest in Caterpillar weekly puts ahead of earnings »

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SLM

Sallie Mae

$10.57

-0.01 (-0.09%)

15:19
10/22/18
10/22
15:19
10/22/18
15:19
Options
Sallie Mae options imply 6.3% move in share price post-earnings, above median historical move »

Pre-earnings options…

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
10/22/18
10/22
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15:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
10/22/18
10/22
15:16
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15:16
Technical Analysis
NYSE market internals summary »

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RL

Ralph Lauren

$127.64

4.15 (3.36%)

15:15
10/22/18
10/22
15:15
10/22/18
15:15
Options
Ralph Lauren put volume heavy and directionally bearish »

Bearish flow noted in…

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15:15
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15:15
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General news
Treasury Closing Summary: »

Treasury Closing Summary:…

AJG

Arthur J. Gallagher

$72.68

-0.005 (-0.01%)

15:10
10/22/18
10/22
15:10
10/22/18
15:10
Hot Stocks
Arthur J. Gallagher acquires Richter International Consulting, terms undisclosed »

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UBSFY

Ubisoft

$0.00

(0.00%)

, EA

Electronic Arts

$101.96

-0.11 (-0.11%)

15:07
10/22/18
10/22
15:07
10/22/18
15:07
Periodicals
EA Motive founder Raymond to leave company, VentureBeat reports »

EA Motive (EA) studio…

UBSFY

Ubisoft

$0.00

(0.00%)

EA

Electronic Arts

$101.96

-0.11 (-0.11%)

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  • 30

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VAR

Varian Medical

$103.96

-0.285 (-0.27%)

15:06
10/22/18
10/22
15:06
10/22/18
15:06
Conference/Events
Varian Medical to host investor meeting »

Investor meeting to be…

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  • 23

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CDNS

Cadence Design

$40.68

0.55 (1.37%)

15:04
10/22/18
10/22
15:04
10/22/18
15:04
Options
Cadence Design options imply 7.0% move in share price post-earnings, above median historical move »

Pre-earnings options…

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FDC

First Data

$23.19

-0.22 (-0.94%)

15:03
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15:03
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15:03
Hot Stocks
First Data to refinance revolving credit facility and certain other indebtedness »

First Data announced that…

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CSBR

Champions Oncology

$12.10

-0.61 (-4.80%)

15:00
10/22/18
10/22
15:00
10/22/18
15:00
Conference/Events
Champions Oncology management to meet with Craig-Hallum »

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SCG

Scana

$36.09

-4.8 (-11.74%)

, D

Dominion

$73.39

-0.135 (-0.18%)

14:57
10/22/18
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14:57
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14:57
Periodicals
SC senator: Law on nuclear construction to be deemed unconstitutional, CBJ says »

South Carolina state…

SCG

Scana

$36.09

-4.8 (-11.74%)

D

Dominion

$73.39

-0.135 (-0.18%)

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SCG

Scana

$36.43

-4.46 (-10.91%)

, D

Dominion

$73.29

-0.235 (-0.32%)

14:55
10/22/18
10/22
14:55
10/22/18
14:55
Periodicals
Breaking Periodicals news story on Scana, Dominion »

Dominion declines comment…

SCG

Scana

$36.43

-4.46 (-10.91%)

D

Dominion

$73.29

-0.235 (-0.32%)

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SYMC

Symantec

$19.73

0.06 (0.31%)

14:50
10/22/18
10/22
14:50
10/22/18
14:50
Options
Sweep buyer of Symantec call options »

Sweep buyer of Symantec…

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AMTD

TD Ameritrade

$50.05

-0.44 (-0.87%)

14:49
10/22/18
10/22
14:49
10/22/18
14:49
Options
TD Ameritrade options imply 5.8% move in share price post-earnings, above median historical move »

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MRBK

Meridian Bank

$17.01

(0.00%)

14:42
10/22/18
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14:42
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14:42
Hot Stocks
Meridian Bank names Randy J. McGarry chief information officer »

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KKR

KKR

$24.01

-0.21 (-0.87%)

14:35
10/22/18
10/22
14:35
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14:35
Options
KKR put volume heavy and directionally bearish »

Bearish flow noted in KKR…

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  • 25

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AU

AngloGold

$9.86

0.05 (0.51%)

14:34
10/22/18
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14:34
Hot Stocks
AngloGold says Kibali Gold Mine seen delivering record performance in Q3 »

AngloGold Ashanti reports…

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FB

Facebook

$155.28

1.33 (0.86%)

, SNAP

Snap

$6.79

-0.03 (-0.44%)

14:32
10/22/18
10/22
14:32
10/22/18
14:32
OnTheFly
Piper's teen survey bodes well for Instagram, Prime as Apple remains dominant »

Piper Jaffray analyst…

FB

Facebook

$155.28

1.33 (0.86%)

SNAP

Snap

$6.79

-0.03 (-0.44%)

AAPL

Apple

$220.90

1.62 (0.74%)

AMZN

Amazon.com

$1,784.13

20.22 (1.15%)

WMT

Walmart

$97.13

-0.02 (-0.02%)

SSNLF

Samsung

$0.00

(0.00%)

ATVI

Activision Blizzard

$69.71

-0.04 (-0.06%)

EA

Electronic Arts

$102.05

-0.02 (-0.02%)

TTWO

Take-Two

$120.88

-1.62 (-1.32%)

GOOG

Alphabet

$1,103.00

6.59 (0.60%)

GOOGL

Alphabet Class A

$1,112.00

7.34 (0.66%)

ZNGA

Zynga

$4.02

0.01 (0.25%)

GLUU

Glu Mobile

$5.94

0.09 (1.54%)

VFC

VF Corp.

$77.53

-0.21 (-0.27%)

ADDYY

Adidas

$0.00

(0.00%)

LULU

Lululemon

$139.75

2.99 (2.19%)

CROX

Crocs

$19.81

1.32 (7.14%)

SBUX

Starbucks

$58.85

0.22 (0.38%)

CMG

Chipotle

$430.22

1.13 (0.26%)

03/08/13
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  • 03

    Mar

FLXN

Flexion

$16.03

-2.93 (-15.45%)

14:29
10/22/18
10/22
14:29
10/22/18
14:29
Recommendations
Flexion analyst commentary  »

Flexion 'very…

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