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TSLA

Tesla

$263.85

-8.09 (-2.97%)

18:58
10/18/18
10/18
18:58
10/18/18
18:58

Tesla rolls out new Model 3 with 'mid-range' battery pack, Electrek reports

Tesla today is rolling out a version of the Model 3 with a new "mid-range" battery pack for $45,000 before incentives, Electrek reports. The new edition, which had not been previously announced, comes as a surprise, the report says. Reference Link

  • 29

    Oct

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    Dec

TSLA Tesla
$263.85

-8.09 (-2.97%)

10/09/18
10/09/18
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. WALMART UPPED TO BUY AT DEUTSCHE: Deutsche Bank analyst Paul Trussell upgraded Walmart (WMT) to Buy from Hold and raised his price target for the shares to $113 from $89. The retailer is reaping returns on the many years of investment in e-commerce and customer service, Trussell said. The analyst believes Walmart is now in position to accelerate market share gains in grocery while also growing EBIT dollars and expanding return on investment. He believes Walmart's portfolio of assets is differentiated in the "rapidly changing" retail landscape. In late morning trading, Walmart is up just over 2%. KROGER CUT TO SELL AT DEUTSCHE: Deutsche Bank analyst Paul Trussell downgraded Kroger (KR) to Sell from Hold and lowered his price target for the shares to $24 from $30. Kroger's strategy to aggressively expand e-commerce capabilities, optimize space within current footprint, and compete on price "will likely be significantly more costly than the company and consensus are currently forecasting," Trussell said. The analyst, while believing Kroger may be one of the winners in food retail over the long term, thinks the "period of rapid change" in the grocery sector will likely make it challenging for the company to grow profits "while playing from a position of weakness." JEFFERIES UPGRADES BAKER HUGHES TO BUY: Jefferies analyst Brad Handler upgraded Baker Hughes (BHGE) to Buy from Hold and raised his price target for the shares to $38 from $34. Earnings power of $4 per share next decade "seems tangible," as is free cash flow conversion of greater than 90% of estimated earnings, Handler said. Further, he thinks General Electric (GE) "fire-sale" risk is small. MACQUARIE STARTS TESLA WITH AN OUTPERFORM: Macquarie analyst Maynard Um initiated Tesla (TSLA) with an Outperform rating and $430 price target, stating that he sees the company having unique potential among carmakers to be a leader in in-vehicle ecosystem platforms. In the near-term, Um also thinks Tesla has enough levers to get over its "debt maturity hump," including cash flow from ZEV credits and Model 3 sales, access to $1.2B unused debt commitment, and the potential for credit amendments. MOFFETTNATHANSON SAYS SNAP WILL NEED TO RAISE CAPITAL: MoffettNathanson analyst Michael Nathanson said he is skeptical, despite Snap (SNAP) CEO Evan Spiegel's internal memo, that the company can hit his stated 2019 goal of achieving full year positive free cash flow and profitability. Snap "is quickly running out of money," contends Nathanson, who thinks the company will need to raise capital by the middle to end of 2019. The analyst lowered his revenue estimates for 2019 and 2020 as he anticipates slower DAU and ARPU growth ahead and maintained his Neutral rating on Snap shares, though he cut his price target to $6.50 from $8.
10/09/18
10/09/18
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. Tesla (TSLA) initiated with an Outperform at Macquarie. 2. Tellurian (TELL) initiated with a Buy at BofA/Merrill. 3. NIO Inc. (NIO) initiated with a Neutral at JPMorgan and an Overweight at Morgan Stanley. 4. Eyenovia (EYEN) initiated with a Buy at H.C. Wainwright. 5. Garrett Motion (GTX) initiated with an Equal Weight at Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/08/18
10/08/18
INITIATION
Target $430

Outperform
Macquarie sees Tesla leading in 'vehicle ecosystems,' starts at Outperform
As previously reported, Macquarie analyst Maynard Um initiated Tesla with an Outperform rating and $430 price target, stating that he sees the company having unique potential among carmakers to be a leader in in-vehicle ecosystem platforms. In the near-term, Um also thinks Tesla has enough levers to get over its "debt maturity hump," including cash flow from ZEV credits and Model 3 sales, access to $1.2B unused debt commitment, and the potential for credit amendments. While noting that CEO Elon Musk has said the company does not have to raise capital, Um believes an equity raise would be beneficial, he added in his initiation note to investors.
10/08/18
MACQ
10/08/18
INITIATION
Target $430
MACQ
Outperform
Tesla initiated with an Outperform at Macquarie
Macquarie initiated Tesla with an Outperform and $430 price target.

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BECN

Beacon Roofing

$28.07

0.81 (2.97%)

07:14
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Beacon Roofing analyst commentary  »

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WEX

Wex

$157.62

-4.01 (-2.48%)

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Wex analyst commentary  »

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QURE

uniQure

$22.79

-1.16 (-4.84%)

07:14
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Hot Stocks
uniQure announces data from dose-confirmation study of AMT-061 »

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WMT

Walmart

$101.58

-1.37 (-1.33%)

07:14
11/15/18
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Hot Stocks
Walmart CEO says continues to see 'strong' comp store sales »

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  • 15

    Nov

F

Ford

$9.55

0.01 (0.10%)

07:11
11/15/18
11/15
07:11
11/15/18
07:11
Periodicals
Ford plans ride-sharing service with autonomous vehicles by 2021, CNBC reports »

Ford has been road…

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FOCS

Focus Financial Partners

$30.43

-1.54 (-4.82%)

07:11
11/15/18
11/15
07:11
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07:11
Recommendations
Focus Financial Partners analyst commentary  »

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SYF

Synchrony

$26.91

-0.74 (-2.68%)

07:10
11/15/18
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07:10
Hot Stocks
Synchrony reports October net charge-off rate 4.85% vs. 4.50% last month »

Reports October 30-plus…

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SR

Spire

$76.03

-0.36 (-0.47%)

07:10
11/15/18
11/15
07:10
11/15/18
07:10
Earnings
Spire sees FY19 economic EPS $3.70-$3.80, consensus $3.68 »

FY19 CapEx are expected…

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  • 15

    Nov

BGNE

BeiGene

$124.56

9.79 (8.53%)

07:10
11/15/18
11/15
07:10
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07:10
Hot Stocks
BeiGene receives priority review from China's NMPA for zanubrutinib »

BeiGene announced that…

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    Dec

SR

Spire

$76.03

-0.36 (-0.47%)

07:09
11/15/18
11/15
07:09
11/15/18
07:09
Earnings
Spire reports Q4 EPS (52c), consensus (59c) »

Reports Q4 revenue…

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  • 15

    Nov

JPM

JPMorgan

$107.36

-2.23 (-2.03%)

07:08
11/15/18
11/15
07:08
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07:08
Hot Stocks
JPMorgan reports October net credit losses 2.19% vs. 2.22% last month »

Reports October 30-plus…

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  • 26

    Feb

WMT

Walmart

$101.58

-1.37 (-1.33%)

07:07
11/15/18
11/15
07:07
11/15/18
07:07
Hot Stocks
Walmart raises FY19 Walmart U.S. comp sales tp up at least 3% »

Walmart now sees FY19…

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  • 15

    Nov

MDR

McDermott

$7.89

0.28 (3.68%)

, BHGE

Baker Hughes

$22.97

-0.65 (-2.75%)

07:07
11/15/18
11/15
07:07
11/15/18
07:07
Hot Stocks
McDermott awarded engineering services contract by Talos Energy for Zama field »

McDermott (MDR) announced…

MDR

McDermott

$7.89

0.28 (3.68%)

BHGE

Baker Hughes

$22.97

-0.65 (-2.75%)

TALO

Talos Energy

$21.56

-0.12 (-0.55%)

03/08/13
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    Nov

DVMT

Dell Technologies

$105.75

4.13 (4.06%)

07:06
11/15/18
11/15
07:06
11/15/18
07:06
Hot Stocks
Dell Technologies sees closing Class V transaction by end of 2018 »

Dell Technologies today…

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  • 11

    Dec

BRC

Brady

$41.93

-0.27 (-0.64%)

07:06
11/15/18
11/15
07:06
11/15/18
07:06
Earnings
Breaking Earnings news story on Brady »

Brady raises FY19 organic…

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  • 15

    Nov

ABBV

AbbVie

$88.28

0.06 (0.07%)

07:06
11/15/18
11/15
07:06
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07:06
Hot Stocks
AbbVie partner Alector initiates Phase 1 trial of AL002 »

Alector, a privately held…

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WMT

Walmart

$101.58

-1.37 (-1.33%)

07:06
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07:06
Hot Stocks
Walmart CEO says accelerating innovation, utlizing technology »

President and CEO Doug…

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  • 15

    Nov

MNGA

Magnegas

$0.32

-0.1131 (-26.30%)

07:05
11/15/18
11/15
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07:05
Recommendations
Magnegas analyst commentary  »

MagneGas price target…

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  • 04

    Dec

DVMT

Dell Technologies

$105.75

4.13 (4.06%)

, VMW

VMware

$152.41

1.86 (1.24%)

07:05
11/15/18
11/15
07:05
11/15/18
07:05
Hot Stocks
Dell Technologies increases 'final' offer for Class V shares to $120 per share »

Dell Technologies…

DVMT

Dell Technologies

$105.75

4.13 (4.06%)

VMW

VMware

$152.41

1.86 (1.24%)

03/08/13
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BPMC

Blueprint Medicines

$56.38

-3.89 (-6.45%)

07:05
11/15/18
11/15
07:05
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07:05
Hot Stocks
Blueprint Medicines updates avapritinib trial results for stomach tumors »

Blueprint Medicines…

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  • 15

    Nov

WMT

Walmart

$101.58

-1.37 (-1.33%)

07:05
11/15/18
11/15
07:05
11/15/18
07:05
Earnings
Walmart raises FY19 adjusted EPS view to $4.75-$4.85 from $4.65-$4.80 

Consensus is $4.79.

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  • 15

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07:05
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General news
Treasury Market Outlook »

Treasury Market Outlook:…

07:05
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07:05
General news
FX Update: The Dollar lifted out of lows while the Pound dove sharply »

FX Update: The Dollar…

BRC

Brady

$41.93

-0.27 (-0.64%)

07:04
11/15/18
11/15
07:04
11/15/18
07:04
Earnings
Brady reports Q1 EPS 58c vs. 49c last year »

Reports Q1 revenue…

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ARNA

Arena Pharmaceuticals

$32.40

-1.25 (-3.71%)

, UTHR

United Therapeutics

$110.95

-1.77 (-1.57%)

07:04
11/15/18
11/15
07:04
11/15/18
07:04
Hot Stocks
Arena Pharmaceuticals, United Therapeutics announce global license agreement »

Arena Pharmaceuticals…

ARNA

Arena Pharmaceuticals

$32.40

-1.25 (-3.71%)

UTHR

United Therapeutics

$110.95

-1.77 (-1.57%)

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