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AKAM

Akamai

$61.97

0.01 (0.02%)

05:35
10/30/18
10/30
05:35
10/30/18
05:35

Akamai shares poised to perform well through year end, says JPMorgan

The concerns from last quarter around pricing competition in Akamai Technologies' web performance segment "were once again dramatically overshadowed" in last night's Q3 by the positive performance in security combined with margin expansion, JPMorgan analyst Sterling Auty tells investors in a post-earnings research note. The shares are poised to perform well through the end of the year into Akamai's strongest seasonal quarter, adds Auty. He maintains an Overweight rating on Akamai with a $92 price target.

  • 01

    Nov

  • 13

    Nov

AKAM Akamai
$61.97

0.01 (0.02%)

09/10/18
09/10/18
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. ANALYSTS SEE VALUE IN WYNN FOLLOWING PULLBACK: JPMorgan analyst Joseph Greff argued that there is a disconnect between Wynn Resorts' (WYNN) current operating fundamentals and investor sentiment, viewing the recent sector pullback as a buying opportunity. He kept an Overweight rating on Wynn Resorts with a $191 price target. Sharing a similar opinion, Carlo Santarelli at Deutsche Bank said that he would be a buyer of the stock given current valuation and as conditions in Macau remain stable in both the VIP and mass segments. He kept a Buy rating on Wynn Resorts with a $190 price target. AKAMAI UPGRADED TO BUY: DA Davidson analyst Mark Kelleher upgraded Akamai (AKAM) to Buy from Neutral and raised his price target to $93 from $80 after meeting with its management last week to discuss its Q2 results and the company direction going into 2019. The analyst notes that the discussions boosted his confidence in the company's strategic direction as it executes in a transition to a security vendor, saying the company supported by the "enhanced demand" for its security products over the last few quarters. Kelleher further cites the abating headwinds in the company's media segment, which returned to growth after struggling for the past few quarters. CITI DOWNGRADES ANTHEM, UNITEDHEALTH: Citi analyst Ralph Giacobbe downgraded Anthem (ANTM) and UnitedHealth (UNH) to Neutral with unchanged price targets of $290, and $288, respectively. The analyst is taking a more selective view of the managed care sector into year-end and 2019, citing "some reservations" about the commercial risk market. He sees more limited upside to estimates making it difficult to push valuations meaningfully higher "from already-premium levels." SUNTRUST CUTS CONSTELLATION BRANDS TO HOLD: SunTrust analyst William Chappell downgraded Constellation Brands (STZ) to Hold from Buy and lowered his price target to $220 from $260 while also lowering his FY19 EPS view to $9.35 from $9.59 and FY20 to $10.45 from $10.95. The analyst noted that the company's recent $4B investment in Canopy Growth (CGC) may "keep a cloud" over the stock for the next few quarters, as there is "little certainty" in the deal's revenue or profit potential. Chappell adds that the cannabis business generally has "limited near term catalysts", stating that the stock price may be range bound for an extended time as investors adjust to Constellation Brands' higher leverage ratio. BAIRD DESIGNATES TESLA A FRESH PICK: Baird analyst Ben Kallo designated Tesla (TSLA) as a Fresh Pick as he believes the company's strong fundamentals should drive the shares higher. He said the underlying ramp in Model 3 production will also help push the shares higher ahead of the Q3 deliveries and results. Kallo reiterated his Outperform rating and $411 price target on Tesla shares.
10/01/18
PIPR
10/01/18
DOWNGRADE
Target $180
PIPR
Underweight
F5 Networks downgraded to Underweight from Neutral at Piper Jaffray
Piper Jaffray analyst James Fish downgraded F5 Networks (FFIV) to Underweight while raising his price target for the shares to $180 from $168. F5 has "material earnings risk" due to weaker than anticipated demand trends, a software transition, rising competitive threats, new emerging technologies like SD-WAN, and the limited impact of the current buyback program over the next two years, Fish tells investors in a research note. Further, the current valuation is at "peak" levels despite these "alarming risks," the analyst contends. He views F5's risk/reward as unfavorable and prefers shares of Arista Networks (ANET) and Akamai (AKAM) for networking exposure.
10/04/18
DBAB
10/04/18
NO CHANGE
Target $73
DBAB
Buy
Akamai price target lowered to $73 from $80 at Deutsche Bank
Deutsche Bank analyst Vijay Bhagavath lowered his price target for Akamai Technologies after trimming his estimates ahead of the company's earnings report on October 29. The analyst keeps a Hold rating on the shares.
10/29/18
JPMS
10/29/18
NO CHANGE
JPMS
JPMorgan lists potential Software takeover targets after Red Hat deal
The volume of acquisitions in Software appears to be picking up with over 70 transactions announced year-to-date including last night's Red Hat (RHT) takeover by IBM (IBM), JPMorgan analyst Sterling Auty tells investors in a research note. The analyst puts the deals announced this year into three buckets: strategic, where the acquirer looks to gain a strong foothold in a new segment, vertical acquiring companies, and valuation, with acquirers going after assets with discounted valuations. Auty sees number of companies fitting those same characteristics across his coverage universe. In the strategic category, the analyst sees Okta (OKTA), Palo Alto Networks (PANW), ServiceNow (NOW), RingCentral (RNG), Aspen Technology (AZPN) and DocuSign (DOCU) as potential acquisition targets. In the vertical industry exposure category, Auty lists Guidewire (GWRE), Veeva (VEEV), Medidata (MDSO), Ellie Mae (ELLI) and Q2 Holdings (QTWO) as potential targets. And in the attractive valuation bucket, the analyst sees FireEye (FEYE), Carbon Black (CBLK), Secureworks (SCWX), Akamai (AKAM) and LogMeln (LOGM) as potential candidates to get acquired.

TODAY'S FREE FLY STORIES

BEST

Best Inc

$5.89

-0.08 (-1.34%)

, AHL

Aspen Insurance

$42.74

(0.00%)

08:30
02/19/19
02/19
08:30
02/19/19
08:30
Options
One new option listing and twelve option delistings on February 19th »

New option listings for…

BEST

Best Inc

$5.89

-0.08 (-1.34%)

AHL

Aspen Insurance

$42.74

(0.00%)

BSTI

Best Inc.

$5.89

-0.08 (-1.34%)

EMMS

Emmis Communications

$3.75

(0.00%)

HECO

Hallwood Energy

$40.54

(0.00%)

ISSC

Innovative Solutions

$2.70

0.05 (1.89%)

LOXO

Loxo Oncology

$234.66

(0.00%)

MB

Acquired by Vista Equity Partners

$36.46

(0.00%)

MBIN

Merchants Bancorp

$21.45

1.39 (6.93%)

MBTF

MBT Financial

$11.04

0.29 (2.70%)

SEED

Origin Agritech

$6.79

(0.00%)

03/08/13
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08:30
02/19/19
02/19
08:30
02/19/19
08:30
General news
U.S. equities are modestly weaker »

U.S. equities are…

CERC

Cerecor

$5.09

0.52 (11.38%)

08:29
02/19/19
02/19
08:29
02/19/19
08:29
Hot Stocks
Cerecor receives fast track designation for CERC-801 for PGM1 deficiency »

Cerecor announced that…

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HLT

Hilton

$81.82

1.67 (2.08%)

08:29
02/19/19
02/19
08:29
02/19/19
08:29
Recommendations
Hilton analyst commentary  »

Hilton price target…

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WMT

Walmart

$100.00

1.52 (1.54%)

08:28
02/19/19
02/19
08:28
02/19/19
08:28
Hot Stocks
Breaking Hot Stocks news story on Walmart »

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  • 19

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CNSL

Consolidated Communications

$10.39

0.39 (3.90%)

, WIN

Windstream

$3.37

0.2 (6.31%)

08:27
02/19/19
02/19
08:27
02/19/19
08:27
Downgrade
Consolidated Communications, Windstream rating change  »

Consolidated…

CNSL

Consolidated Communications

$10.39

0.39 (3.90%)

WIN

Windstream

$3.37

0.2 (6.31%)

03/08/13
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  • 21

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FTR

Frontier Communications

$2.65

0.28 (11.81%)

08:27
02/19/19
02/19
08:27
02/19/19
08:27
Downgrade
Frontier Communications rating change  »

Frontier Communications…

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  • 25

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UNIT

Uniti Group

$20.00

0.53 (2.72%)

08:27
02/19/19
02/19
08:27
02/19/19
08:27
Downgrade
Uniti Group rating change  »

Uniti Group downgraded to…

03/08/13
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  • 28

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  • 11

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WIN

Windstream

$3.37

0.2 (6.31%)

08:27
02/19/19
02/19
08:27
02/19/19
08:27
Downgrade
Windstream rating change  »

Windstream downgraded to…

03/08/13
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  • 25

    Feb

08:26
02/19/19
02/19
08:26
02/19/19
08:26
Conference/Events
CFA Society of New York to hold a roundtable »

Investment Strategy…

WMT

Walmart

$100.00

1.52 (1.54%)

08:26
02/19/19
02/19
08:26
02/19/19
08:26
Hot Stocks
Breaking Hot Stocks news story on Walmart »

Walmart sees FY20 EPS up…

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  • 19

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UNH

UnitedHealth

$271.03

5.795 (2.18%)

08:25
02/19/19
02/19
08:25
02/19/19
08:25
Conference/Events
Economic Club of Minnesota to hold a luncheon meeting »

Group Luncheon Meeting…

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  • 19

    Feb

  • 28

    May

GRMN

Garmin

$71.61

0.2 (0.28%)

08:24
02/19/19
02/19
08:24
02/19/19
08:24
Recommendations
Garmin analyst commentary  »

Garmin likely to issue…

03/08/13
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  • 25

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08:24
02/19/19
02/19
08:24
02/19/19
08:24
Conference/Events
Federal Reserve Bank of Cleveland president speaks on the economic outlook »

Cleveland Federal Reserve…

SRTS

Sensus Healthcare

$7.61

-0.13 (-1.68%)

08:23
02/19/19
02/19
08:23
02/19/19
08:23
Recommendations
Sensus Healthcare analyst commentary  »

Roth Capital establishes…

03/08/13
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MLCO

Melco Resorts & Entertainment

$21.76

0.35 (1.63%)

08:23
02/19/19
02/19
08:23
02/19/19
08:23
Earnings
Melco Resorts & Entertainment reports Q4 EPS 27c, consensus 24c »

Reports Q4 revenue $1.4B,…

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08:23
02/19/19
02/19
08:23
02/19/19
08:23
Conference/Events
JPMorgan to hold a conference »

Taiwan CEO-CFO Conference…

UNIT

Uniti Group

$20.00

0.53 (2.72%)

08:22
02/19/19
02/19
08:22
02/19/19
08:22
Hot Stocks
Uniti Group issues statement on Windstream court ruling »

Uniti Group issued a…

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  • 28

    Feb

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    Mar

08:22
02/19/19
02/19
08:22
02/19/19
08:22
Conference/Events
Nomura to hold a conference »

Japan Corporate Day 2019…

WMT

Walmart

$100.00

1.52 (1.54%)

08:21
02/19/19
02/19
08:21
02/19/19
08:21
Hot Stocks
Breaking Hot Stocks news story on Walmart »

Walmart says…

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  • 19

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OXY

Occidental Petroleum

$67.17

0.62 (0.93%)

08:21
02/19/19
02/19
08:21
02/19/19
08:21
Downgrade
Occidental Petroleum rating change  »

Occidental Petroleum…

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  • 04

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NWL

Newell Brands

$17.15

-4.55 (-20.97%)

08:21
02/19/19
02/19
08:21
02/19/19
08:21
Recommendations
Newell Brands analyst commentary  »

Newell Brands price…

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  • 19

    Feb

HAS

Hasbro

$86.43

-3.29 (-3.67%)

, FNKO

Funko

$18.05

-0.64 (-3.42%)

08:21
02/19/19
02/19
08:21
02/19/19
08:21
Conference/Events
Jefferies to hold company meetings at conference »

Jefferies Company Hosted…

HAS

Hasbro

$86.43

-3.29 (-3.67%)

FNKO

Funko

$18.05

-0.64 (-3.42%)

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  • 19

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  • 28

    Feb

  • 06

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  • 28

    May

CAR

Avis Budget

$28.67

0.66 (2.36%)

, LAD

Lithia Motors

$87.98

4.05 (4.83%)

08:20
02/19/19
02/19
08:20
02/19/19
08:20
Hot Stocks
Avis Budget announces John North to be named CFO »

Avis Budget (CAR)…

CAR

Avis Budget

$28.67

0.66 (2.36%)

LAD

Lithia Motors

$87.98

4.05 (4.83%)

03/08/13
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  • 20

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    Mar

LH

LabCorp

$150.15

3.34 (2.28%)

08:19
02/19/19
02/19
08:19
02/19/19
08:19
Hot Stocks
LabCorp announces new assay in DoseASSURE portfolio »

LabCorp announced a new…

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