Breaking News Instant updates and real-time market news.

IBM

IBM

$145.02

3.9 (2.76%)

17:32
10/16/18
10/16
17:32
10/16/18
17:32

IBM says growth was led by hybrid cloud, analytics and AI, digital and security

Says remains on track with full year operating EPS and free cash flow. Says there is continued strengthening of the dollar. Says modest growth in pre-tax income. Says 95 new companies on IBM cloud private. Says rebuilding enterprise platform. Says continues to expect $12B in free cash flow. Comments taken from Q3 earnings conference call.

  • 16

    Oct

  • 21

    Oct

  • 22

    Oct

  • 03

    Mar

IBM IBM
$145.02

3.9 (2.76%)

10/10/18
UBSW
10/10/18
NO CHANGE
Target $180
UBSW
Buy
UBS sees new technology driving IBM multiple expansion
IBM analyst John Roy said he likes IBM heading into Q3 results on expectations tech spending budgets are "flush" this year. He notes that Q3 historically sees a revenue decline, but he thinks that is already priced into the stock. He sees limited downside to the stock and gradual improvement in the performance of newer technologies to drive multiple expansion. Roy reiterated his Buy rating and $180 price target on IBM shares.
10/04/18
10/04/18
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. AMC CUT TO SELL BY GOLDMAN: Goldman Sachs analyst Drew Borst downgraded AMC Networks (AMCX) to Sell from Neutral and lowered his price target for the shares to $61 from $64. The analyst expects AMC to underperform peers and his price target implies 8% downside to current levels. Weakness in National Networks advertising from "Walking Dead" ratings declines and heightened competition for scripted original series and viewers, as well as slowing revenue growth and higher content and marketing costs, create risk to consensus estimates, Borst said. SNAP TARGETS CUT BY EVERCORE, CITI: Evercore ISI analyst Anthony DiClemente lowered his price target for Snap (SNAP) to $7 from $9 given decelerating trends, management turnover, and competitive threats. He reiterated an Underperform rating on Snap's shares. Citi analyst Mark May kept a Sell rating on Snap, but again lowered his estimates -- also to $7 -- to reflect recent trends in user and average revenue per user growth, Q3 guidance and a projected 2018 exit growth rate. GOLDMAN SAYS FIREEYE STOCK COULD DOUBLE: Goldman Sachs analyst Gabriela Borges kept her Buy rating and $22 price target on FireEye (FEYE) after the company's annual Cyber Defense Summit. The analyst said the summit saw its strongest showing in three years and she believes Fireeye could see its shares double if it can gain just 200bps of market share in the endpoint and security information and event management, or SIEM, markets. Borges added that FireEye would have to improve its Helix business with "on premise integration" as well as "better messaging to the channel", expecting the company to proceed with a renewed scale push next year once the integration is complete. IBM STARTED WITH A SELL RATING: MoffettNathanson analyst Lisa Ellis initiated IBM (IBM) with a Sell rating and $150 price target. In late morning trading, IBM is down almost 1%. CLOUDERA GETS UPGRADED AFTER DEAL: Nomura Instinet analyst Christopher Eberle upgraded Cloudera (CLDR) to Buy from Neutral and raised his price target for the shares to $23 from $12. The analyst, who admits to being very surprised by the announced deal, believes the company's merger with Hortonworks (HDP) will be "highly accretive." DA Davidson analyst Rishi Jaluria upgraded Cloudera to Buy from Neutral and raised his price target to $27 from $15 while also affirming Hortonworks at Buy and raising its price target to $35 from $24. The analyst is positive on the merger's ability to reduce pricing pressure from the separation from the other Hadoop vendors, equip Cloudera to battle cloud data warehouse vendors like AWS (AMZN) Redshift, and accelerate innovation.
10/04/18
MOFT
10/04/18
INITIATION
Target $150
MOFT
Sell
IBM initiated with a Sell at MoffettNathanson
MoffettNathanson initiated IBM with a Sell and $150 price target.
09/26/18
09/26/18
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. UBS UPGRADES IBM TO BUY: UBS analyst John Roy upgraded IBM (IBM) to Buy and raised his price target for the shares to $180 from $160. The market is pricing in a 2% revenue decline, which IBM can beat, Roy believes. Further, his sum-of-the-parts analysis suggests the market is applying virtually no value to IBM's hardware business, which the analyst thinks is "unrealistic." Roy sees a number of additional positives, including operating margin improvement, the Watson hype cycle bottoming this year, and a 4.4% dividend "providing a floor." Shares of IBM were higher by 2% in late morning trading. OPPENHEIMER UPGRADES GOPRO TO OUTPERFORM: Oppenheimer analyst Andrew Uerkwitz upgraded GoPro (GPRO) to Outperform from Perform, with a $9 price target. The analyst believes the company has done everything it can to position itself for success. With compelling features such as live streaming and gimbal-like image stabilization, Uerkwitz called its products are "compelling." This should be enhanced by targeted marketing and a vastly improved software editing suite, he contended. In late morning trading, GoPro shares were higher by 4%. PIPER JAFFRAY BOOSTS ACTIVISION BLIZZARD PRICE TARGET: Piper Jaffray analyst Michael Olson raised his price target for Activision Blizzard (ATVI) to $88 from $84 saying he's increasingly confident in potential for earnings upside in 2018 from "Call of Duty Black Ops 4" and the accompanying Blackout battle royale mode. Both gamer and critical feedback on Blackout have been favorable, Olson said. He believes the Street has underestimated the potential for collective Call of Duty franchise revenue in 2018 and into 2019 and maintained an Overweight rating on shares. UBS CUTS LAM RESEARCH TO NEUTRAL: UBS analyst Tim Arcuri downgraded Lam Research (LRCX) to Neutral from Buy and lowered his price target for the shares to $170 from $220. Arcuri is "stepping to the sidelines" because he sees a big risk for the company in the first half of 2019 due to Lam Research's outsized exposure to Samsung. In late morning trading, shares of Lam Research were lower by almost 2%. DA DAVIDSON STARTS LULULEMON WITH A NEUTRAL: DA Davidson analyst John Morris initiated Lululemon (LULU) with a Neutral rating and a price target of $155, saying the "quality of its long-term growth rate is not as robust as it has been" even though its forward earnings multiple is near historical highs. The analyst noted that the company's "future growth has higher risk variables associated with the complexity of international expansion across multiple continents and fashion cycle headwinds as the athleisure trend ebbs." Despite the risks, the analyst points to the company's "strong management team and powerful brand equity" in justifying his neutral stance.

TODAY'S FREE FLY STORIES

AXSM

Axsome Therapeutics

$13.30

1.86 (16.26%)

13:45
03/19/19
03/19
13:45
03/19/19
13:45
Options
Axsome Therapeutics call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

NTAP

NetApp

$67.13

0.22 (0.33%)

13:44
03/19/19
03/19
13:44
03/19/19
13:44
Conference/Events
NetApp participates in a conference call with William Blair »

Conference call with CFO…

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

See Street Research during your Free Trial

  • 26

    Mar

  • 09

    Jul

AOS

A.O. Smith

$52.36

0.26 (0.50%)

13:42
03/19/19
03/19
13:42
03/19/19
13:42
Conference/Events
A.O. Smith management to meet with William Blair »

Meeting to be held in…

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

See Street Research during your Free Trial

  • 22

    Mar

GRMN

Garmin

$83.82

-0.13 (-0.15%)

13:41
03/19/19
03/19
13:41
03/19/19
13:41
Recommendations
Garmin analyst commentary  »

Garmin re-accelerating…

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

See Street Research during your Free Trial

GOOG

Alphabet

$1,191.03

7.37 (0.62%)

, GOOGL

Alphabet Class A

$1,194.13

6.04 (0.51%)

13:40
03/19/19
03/19
13:40
03/19/19
13:40
Hot Stocks
Google unveils split-screen multiplayer tool StreamConnect »

Google unveiled…

GOOG

Alphabet

$1,191.03

7.37 (0.62%)

GOOGL

Alphabet Class A

$1,194.13

6.04 (0.51%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

13:40
03/19/19
03/19
13:40
03/19/19
13:40
Conference/Events
William Blair healthcare/biotech analysts to hold a dinner meeting »

Analysts meet with…

GOOG

Alphabet

$1,191.43

7.77 (0.66%)

, GOOGL

Alphabet Class A

$1,194.05

5.96 (0.50%)

13:36
03/19/19
03/19
13:36
03/19/19
13:36
Hot Stocks
Google says Stadia will include full cross-platform multiplayer »

Says game client on…

GOOG

Alphabet

$1,191.43

7.77 (0.66%)

GOOGL

Alphabet Class A

$1,194.05

5.96 (0.50%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

13:35
03/19/19
03/19
13:35
03/19/19
13:35
General news
More on trade: Treasury Secretary Mnuchin and USTR will be headed to Beijing »

More on trade: Treasury…

BCOR

Blucora

$34.26

5.93 (20.93%)

13:34
03/19/19
03/19
13:34
03/19/19
13:34
Conference/Events
Blucora management to meet with William Blair »

Group Luncheon Meeting…

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

See Street Research during your Free Trial

  • 19

    Mar

  • 26

    Mar

13:34
03/19/19
03/19
13:34
03/19/19
13:34
Hot Stocks
Breaking Hot Stocks news story  »

Scorpio Tankers Inc…

GOOG

Alphabet

$1,190.98

7.32 (0.62%)

, GOOGL

Alphabet Class A

$1,194.05

5.96 (0.50%)

13:34
03/19/19
03/19
13:34
03/19/19
13:34
Hot Stocks
id's Stratton says 'Doom Eternal' will run at 4K on Google's Stadia »

id Software's Marty…

GOOG

Alphabet

$1,190.98

7.32 (0.62%)

GOOGL

Alphabet Class A

$1,194.05

5.96 (0.50%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

TXRH

Texas Roadhouse

$60.54

-0.31 (-0.51%)

13:33
03/19/19
03/19
13:33
03/19/19
13:33
Hot Stocks
Texas Roadhouse COO Douglas Thompson sells over $354K in company shares »

Texas Roadhouse COO…

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

See Street Research during your Free Trial

GOOGL

Alphabet Class A

$1,194.35

6.26 (0.53%)

, FB

Facebook

$163.01

2.55 (1.59%)

13:32
03/19/19
03/19
13:32
03/19/19
13:32
Conference/Events
FBN Securities social media analysts to hold a group luncheon »

Social Media Analysts…

GOOGL

Alphabet Class A

$1,194.35

6.26 (0.53%)

FB

Facebook

$163.01

2.55 (1.59%)

TWTR

Twitter

$31.29

0.2 (0.64%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 23

    Apr

  • 29

    Apr

GOOG

Alphabet

$1,192.00

8.34 (0.70%)

, GOOGL

Alphabet Class A

$1,195.34

7.25 (0.61%)

13:30
03/19/19
03/19
13:30
03/19/19
13:30
Hot Stocks
Google says it and AMD made new chip for Stadia »

Says partnering with…

GOOG

Alphabet

$1,192.00

8.34 (0.70%)

GOOGL

Alphabet Class A

$1,195.34

7.25 (0.61%)

AMD

AMD

$24.78

1.53 (6.58%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$283.60

1.14 (0.40%)

13:29
03/19/19
03/19
13:29
03/19/19
13:29
Periodicals
Trade talks between U.S. and China in final stages, WSJ reports »

Trade talks between the…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$283.60

1.14 (0.40%)

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

See Street Research during your Free Trial

GOOG

Alphabet

$1,192.00

8.34 (0.70%)

, GOOGL

Alphabet Class A

$1,194.79

6.7 (0.56%)

13:28
03/19/19
03/19
13:28
03/19/19
13:28
Hot Stocks
Google says players can hold simultaneous game streams in 4K on Stadia »

Says Stadia will be able…

GOOG

Alphabet

$1,192.00

8.34 (0.70%)

GOOGL

Alphabet Class A

$1,194.79

6.7 (0.56%)

MSFT

Microsoft

$117.71

0.11 (0.09%)

SNE

Sony

$46.18

0.085 (0.18%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

GIS

General Mills

$47.45

-0.155 (-0.33%)

13:27
03/19/19
03/19
13:27
03/19/19
13:27
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

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

See Street Research during your Free Trial

  • 20

    Mar

FDX

FedEx

$183.00

0.58 (0.32%)

13:27
03/19/19
03/19
13:27
03/19/19
13:27
Earnings
Notable companies reporting after market close »

Notable companies…

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

See Street Research during your Free Trial

  • 19

    Mar

  • 01

    Apr

  • 02

    Apr

13:26
03/19/19
03/19
13:26
03/19/19
13:26
Conference/Events
CLSA Asian tech analysts to hold an analyst/industry conference call »

Asian Technology Analysts…

CPRX

Catalyst Pharmaceuticals

$3.49

0.4 (12.95%)

13:26
03/19/19
03/19
13:26
03/19/19
13:26
Recommendations
Catalyst Pharmaceuticals analyst commentary  »

Catalyst's initial…

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

See Street Research during your Free Trial

  • 19

    Mar

  • 19

    Mar

GOOG

Alphabet

$1,191.14

7.48 (0.63%)

, GOOGL

Alphabet Class A

$1,193.76

5.67 (0.48%)

13:26
03/19/19
03/19
13:26
03/19/19
13:26
Hot Stocks
Game publishers rise following Google's Stadia announcement »

Shares of several video…

GOOG

Alphabet

$1,191.14

7.48 (0.63%)

GOOGL

Alphabet Class A

$1,193.76

5.67 (0.48%)

ATVI

Activision Blizzard

$46.80

1.83 (4.07%)

TTWO

Take-Two

$95.98

2.22 (2.37%)

UBSFY

Ubisoft

$0.00

(0.00%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 03

    Apr

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

13:24
03/19/19
03/19
13:24
03/19/19
13:24
Conference/Events
JPMorgan pharmaceticals analyst to hold a luncheon »

Pharmaceuticals Analyst…

GOOG

Alphabet

$1,191.14

7.48 (0.63%)

, GOOGL

Alphabet Class A

$1,194.17

6.08 (0.51%)

13:24
03/19/19
03/19
13:24
03/19/19
13:24
Hot Stocks
Google unveils Stadia controller »

As part of its Stadia…

GOOG

Alphabet

$1,191.14

7.48 (0.63%)

GOOGL

Alphabet Class A

$1,194.17

6.08 (0.51%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

13:23
03/19/19
03/19
13:23
03/19/19
13:23
Conference/Events
UBS alternative energy analyst to hold an analyst/industry conference call »

Alternative Energy…

GOOG

Alphabet

$1,190.42

6.76 (0.57%)

, GOOGL

Alphabet Class A

$1,194.51

6.42 (0.54%)

13:20
03/19/19
03/19
13:20
03/19/19
13:20
Hot Stocks
Google says Stadia to include button on YouTube gaming videos to play instantly »

Google (GOOG) says Stadia…

GOOG

Alphabet

$1,190.42

6.76 (0.57%)

GOOGL

Alphabet Class A

$1,194.51

6.42 (0.54%)

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

See Street Research during your Free Trial

  • 27

    Mar

  • 04

    Apr

  • 29

    Apr

  • 29

    Apr

  • 27

    Oct

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.