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NOK

Nokia

$5.26

-0.29 (-5.23%)

, SSNLF

Samsung

$0.00

(0.00%)

05:38
10/25/18
10/25
05:38
10/25/18
05:38

Nokia, Samsung extend patent license agreement

Nokia (NOK) announced that it has extended the patent license agreement between Nokia and Samsung (SSNLF), which would otherwise have expired at the end of 2018. Under the agreement, Samsung will make payments to Nokia for a multi-year period beginning 1 January 2019 onwards. The terms of the agreement remain confidential between the parties.

NOK

Nokia

$5.26

-0.29 (-5.23%)

SSNLF

Samsung

$0.00

(0.00%)

NOK Nokia
$5.26

-0.29 (-5.23%)

09/19/18
FBCO
09/19/18
UPGRADE
FBCO
Outperform
Nokia upgraded to Outperform from Neutral at Credit Suisse
09/19/18
EXAN
09/19/18
DOWNGRADE
EXAN
Underperform
Nokia downgraded to Underperform from Neutral at Exane BNP Paribas
Exane BNP Paribas downgraded Nokia (NOK) to Underperform from Neutral telling investors they expect a miss on 6%-9% 2018 Networks margin guidance and prefers Ericsson (ERIC) given share gains, self-help measures, and cautious consensus expectations.
09/19/18
09/19/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. LyondellBasell (LYB) downgraded to Underweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas saying consensus expectations have the company facing a "shallow trough" in petrochemical pricing leading to flat to lower consolidated EBITDA in 2019. 2. Platform Specialty Products (PAH) downgraded to Neutral from Buy at Citi with analyst Daniel Jester saying the stock could trade range-bound in the near-term as investors await the closing of the Ag transaction by late 2018 or early 2019. 3. KBR (KBR) downgraded to Neutral from Outperform at Macquarie with analyst Sameer Rathod saying he thinks tariffs between U.S. and China will cause uncertainty and hydrocarbon price increases, triggering delays in finalizing new US LNG projects. 4. OMA Airports (OMAB) downgraded to Hold from Buy at Santander. 5. Nokia (NOK) downgraded to Underperform from Neutral at Exane BNP Paribas with the firm saying they expect a miss on 6%-9% 2018 Networks margin guidance and prefers Ericsson (ERIC) given share gains, self-help measures, and cautious consensus expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/25/18
MKMP
09/25/18
NO CHANGE
Target $7.5
MKMP
Buy
Nokia gaining 5G market share with AT&T, says MKM Partners
MKM Partners analyst Michael Genovese kept his Buy rating and $7.50 price target on Nokia (NOK), saying his checks indicate that the company has "gained significant 5G base station market share at AT&T (T) at Ericsson's (ERIC) expense". The analyst notes that while 4G/LTE market share at AT&T was 65% Ericsson and 35% Nokia, the 5G Wireless Access infrastructure market share is likely at 65% Nokia and 35% Samsung (SSNLF). Genovese sees Nokia becoming the "prime infrastructure vendor" heading into 2019 - the year of "major positive global inflection for 5G".
SSNLF Samsung
$0.00

(0.00%)

09/12/18
09/12/18
UPGRADE
Target $15

Buy
Immersion upgraded to Buy on potential Samsung deal at Craig-Hallum
As previously reported, Craig-Hallum analyst Anthony Stoss upgraded Immersion (IMMR) to Buy from Hold as he believes the stock is now back into favorable risk/reward waters. The analyst notes that the company's new interim CEO has a long history of working with Samsung (SSNLF) to get deals done, and expects he will be aggressive in negotiating with the latter and a deal getting done sooner rather than later. Stoss also raised his price target on Immersion shares to $15 from $14.
09/17/18
ARGS
09/17/18
NO CHANGE
Target $320
ARGS
Buy
Adobe price target raised to $320 from $289 at Argus
Argus analyst Joseph Bonner raised his price target on Adobe to $320 from $289 and kept his Buy rating after its Q3 earnings beat, also raising his FY18 EPS view to $6.80 from $6.66 and FY19 to $7.73 from $7.22. The analyst is positive on the company's positioning "at the center of the exploding market for digital video content and advertising creation and management" with its "unique" software assets. Bonner adds that Adobe is accelerating its organic product refreshes and new rollouts while also partnering with industry leaders like Microsoft (MSFT), Accenture (ACN), Publicis, and Samsung (SSNLF) to drive continued growth. The analyst further notes the management's pattern of providing "underpromised and overdelivered" results.
10/10/18
BFIN
10/10/18
NO CHANGE
BFIN
BlueFin checks show Lumentum received increased orders from Apple
BlueFin analysts John Donovan and Steve Mullane say their firm's latest supply chain checks suggest "strong and stable" iPhone demand. While unit demand has not changed, the mix to higher storage models has increased, which should benefit Toshiba (TOSBF), Samsung (SSNLF), and Micron Technology (MU), Donovan and Mullane tell investors in a research note. Further, BlueFin's latest checks reveal Lumentum (LITE) has received increased orders recently while competitors II-VI (IIVI) and Finisar (FNSR) continue to focus on securing second-source positioning. The latest on the two latter companies is mixed, but overall "encouraging," the analysts contend. As far as the rumors that Apple is exploring internal VCSEL development, they believe this is "more of a negotiating tactic at this point." VCSEL demand "looks to be skyrocketing" and the frustration in developing a secure second-source has likely caused Apple to explore internal development, write Donovan and Mullane. They understand Apple has looked into fabs in Taiwan to see about VCSEL development but note the earliest this could materialize is 2020-2021. This is likely more of a "call to arms" by Apple for Finisar, II-VI, and Lumentum to increase production to meet the demand, "or else face the consequences."

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LSI

Life Storage

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MYND

MYnd Analytics

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PLD

Prologis

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AOS

A.O. Smith

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LOVE

Lovesac

$40.75

3.43 (9.19%)

09:28
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09:28
Syndicate
Lovesac files to sell 2.5M shares of common stock »

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SEAS

SeaWorld

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0.015 (0.06%)

09:25
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Syndicate
Breaking Syndicate news story on SeaWorld »

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BIDU

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09:25
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09:25
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F

Ford

$10.29

-0.1 (-0.96%)

09:24
05/20/19
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09:24
Periodicals
Ford to cut 7,000 salaried jobs globally by end August, Detroit News reports »

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MOR

MorphoSys

$26.00

-0.48 (-1.81%)

09:22
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09:22
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MorphoSys analyst commentary at Piper Jaffray »

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KSS

Kohl's

$63.63

-0.36 (-0.56%)

09:21
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Kohl's enters partnership with Fanatics »

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09:19
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Conference/Events
UBS to hold a conference »

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F

Ford

$10.29

-0.1 (-0.96%)

09:19
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Periodicals
Ford to eliminate about 7,000 salaried positions as part of restructuing »

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DOV

Dover

$94.44

-2.01 (-2.08%)

, ITW

Illinois Tool Works

$150.64

-1.79 (-1.17%)

09:15
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Conference/Events
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DOV

Dover

$94.44

-2.01 (-2.08%)

ITW

Illinois Tool Works

$150.64

-1.79 (-1.17%)

MIDD

Middleby

$136.55

-1.47 (-1.07%)

WBT

Welbilt

$16.45

-0.28 (-1.67%)

03/08/13
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09:15
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General news
Breaking General news story  »

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TMUS

T-Mobile

$75.39

0.01 (0.01%)

, S

Sprint

$6.18

0.105 (1.73%)

09:13
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Hot Stocks
FCC Chairman to recommend merger between T-Mobile and Sprint »

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TMUS

T-Mobile

$75.39

0.01 (0.01%)

S

Sprint

$6.18

0.105 (1.73%)

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ROAN

Roan Resources

$3.02

-0.29 (-8.76%)

, DVN

Devon Energy

$30.60

-0.7 (-2.24%)

09:12
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Conference/Events
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ROAN

Roan Resources

$3.02

-0.29 (-8.76%)

DVN

Devon Energy

$30.60

-0.7 (-2.24%)

CLR

Continental Resources

$41.45

-0.94 (-2.22%)

GPOR

Gulfport Energy

$6.87

-0.32 (-4.45%)

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EV

Eaton Vance

$37.81

-0.735 (-1.91%)

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DE

Deere

$134.82

-11.15 (-7.64%)

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BASFY

BASF

$0.00

(0.00%)

, EMR

Emerson

$64.81

-0.86 (-1.31%)

09:07
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BASFY

BASF

$0.00

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EMR

Emerson

$64.81

-0.86 (-1.31%)

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PRU

Prudential

$98.79

-0.63 (-0.63%)

09:07
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PRGO

Perrigo

$49.65

-0.24 (-0.48%)

09:06
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SLGG

Super League Gaming

$7.43

-0.5 (-6.31%)

09:05
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Conference/Events
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  • 22

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HON

Honeywell

$169.95

-0.8 (-0.47%)

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  • 20

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NDRA

Endra Life Sciences

$1.14

-0.05 (-4.20%)

09:05
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Initiation
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S

Sprint

$6.18

0.105 (1.73%)

, TMUS

T-Mobile

$75.39

0.01 (0.01%)

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S

Sprint

$6.18

0.105 (1.73%)

TMUS

T-Mobile

$75.39

0.01 (0.01%)

GOOGL

Alphabet Class A

$1,168.28

-15.39 (-1.30%)

GOOG

Alphabet

$1,161.89

-16.89 (-1.43%)

INTC

Intel

$44.88

-0.77 (-1.69%)

QCOM

Qualcomm

$81.52

-1.08 (-1.31%)

AVGO

Broadcom

$289.86

-9.86 (-3.29%)

STM

STMicroelectronics

$16.98

-0.52 (-2.97%)

XLNX

Xilinx

$104.76

-2.98 (-2.77%)

QGEN

Qiagen

$37.09

-0.41 (-1.09%)

MDCO

The Medicines Co.

$33.01

-0.19 (-0.57%)

PDD

Pinduoduo

$22.69

0.13 (0.58%)

SPTN

SpartanNash

$14.94

-0.27 (-1.78%)

LITE

Lumentum

$46.30

-4.15 (-8.23%)

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