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FB

Facebook

$141.67

4.25 (3.09%)

, MSFT

Microsoft

$105.86

0.96 (0.92%)

10:40
12/10/18
12/10
10:40
12/10/18
10:40

Facebook CEO spoke to Microsoft's Brad Smith, Information says

As the Wall Street Journal reported last month, Facebook (FB) CEO Mark Zuckerberg recently asked Microsoft (MSFT) co-founder Bill Gates for advice about the social media company's legal and reputational troubles. Gates suggested Facebook consider hiring someone with a profile like that of Brad Smith, the chief legal officer at Microsoft, with whom Zuckerberg then spoke directly, according to The Information. Smith felt compelled to let Zuckerberg know he had no desire to leave and was happy at Microsoft, even though the talks didn't involve a formal job offer, a person familiar with the matter told The Information. Reference Link

FB

Facebook

$141.67

4.25 (3.09%)

MSFT

Microsoft

$105.86

0.96 (0.92%)

  • 03

    Mar

FB Facebook
$141.67

4.25 (3.09%)

12/10/18
DBAB
12/10/18
NO CHANGE
DBAB
Buy
Facebook valuation 'extremely attractive' at current levels, says Deutsche Bank
Facebook remains the best risk/reward in large cap internet given the potential for core engagement to stabilize, for monetization in the Stories format to drive a potential re-acceleration in growth in mid-2019, for the negative news cycle to abate and given the "extremely attractive" current valuation, Deutsche Bank analyst Lloyd Walmsley tells investors in a research note. The analyst is encouraged that on top of Facebook's "relatively aggressive" share buyback to-date, the board expanded the repurchase authorization again by an additional $9B. He reiterates a Buy rating on Facebook shares.
12/06/18
12/06/18
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. LG Display (LPL) initiated with a Buy at Citi. 2. Twitter (TWTR) and Alphabet (GOOG, GOOGL) were initiated with a Buy at Guggenheim, while Snap (SNAP) and Facebook (FB) were initiated with a Neutral. 3. Apache (APA) initiated with an Overweight at Stephens. 4. CorMedix (CRMD) initiated with a Buy at Roth Capital. 5. Protagonist Therapeutics (PTGX) initiated with a Buy at Nomura Instinet. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/06/18
12/06/18
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. Facebook (FB) downgraded to Hold from Buy at Stifel with analyst Scott Devitt saying Facebook has made too many enemies, including politicians, regulators, technology leaders, consumers, and employees, to not experience "long-term negative ramifications on its business." 2. Conatus (CNAT) downgraded to Hold from Buy at Stifel with analyst Stephen Willey saying the Encore-PH trial missed its pre-specified primary endpoint but post-hoc analyses demonstrated a trend towards statistically significant/emricasan-mediated improvements in patients with compensated cirrhosis and elevated baseline hepatic venous pressure gradient values. 3. BHP Billiton (BHP) downgraded to Neutral from Overweight at JPMorgan with analyst Lyndon Fagan saying the stock has outperformed Rio Tinto (RIO) by 10% year-to-date, and is now trading "within range of our valuation." 4. Toll Brothers (TOL) downgraded to Sector Perform from Outperform at RBC Capital with analyst Michael Dahl citing a "sharper than expected weakness in orders and likelihood of further near-term declines," with softer margin assumptions attributed to a weaker outlook for orders. 5. Bluebird Bio (BLUE) downgraded to Neutral from Overweight at Piper Jaffray with analyst Tyler Van Buren saying the company is "incredibly innovative" company and bb2121 and LentiGlobin are essentially curing some patients, but the benefits "are not without serious risks." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/06/18
GUGG
12/06/18
INITIATION
Target $150
GUGG
Neutral
Facebook initiated with a Neutral due to challenges at Guggenheim
Guggenheim analyst Michael Morris initiated Facebook with a Neutral and $150 price target saying he expects challenges related to privacy, regulation, and operations monetization to continue to weight on investor sentiment and limit multiple expansion.
MSFT Microsoft
$105.86

0.96 (0.92%)

12/03/18
STFL
12/03/18
NO CHANGE
Target $190
STFL
Hold
After proxy, Stifel says Google could come back with bid for Red Hat
After Red Hat (RHT) filed a proxy on Friday evening related to its pending acquisition by IBM (IBM) that mentioned three other parties interested in a potential purchase, Stifel analyst Brad Reback said he believes that "Party A" in the filing is Microsoft (MSFT), that "Party B" is Google (GOOGL) and that "Party C" is Amazon (AMZN). If he is correct with that assessment of the identities of the parties, it is a clear indication that Red Hat shopped itself to the "logical players" during the negotiation process, said Reback, who believes there is still a chance Google may come back and make a bid for Red Hat given the change of leadership in the Google Cloud unit. The analyst, who views Red Hat as a unique asset with strong enterprise relationships, hybrid cloud capabilities, and an open source heritage, keeps a Hold rating and $190 price target on the stock given the existing deal with IBM.
11/29/18
WEDB
11/29/18
NO CHANGE
Target $140
WEDB
Outperform
Wedbush bullish on Microsoft into 2019 given Azure cloud momentum
Wedbush analyst Daniel Ives believes Microsoft remains in an "enviable" position heading into 2019 on the heels of its cloud success and is firing on all cylinders around its Office 365 and Azure strategic vision based on his recent checks. The analyst thinks the shift to cloud is a major secular trend that is significantly benefiting Microsoft in the field as a key tailwind and should continue its momentum heading into the next 12-18 months. Ives is bullish on the stock into 2019 given his thesis that Azure's cloud momentum is still in its early days of playing out with the company's massive installed base, Office 365 transition on consumer/enterprise providing growth tailwinds for the next 12 to 18 months at least, and newer integrated product initiatives around consumers and cloud services are still playing out within Redmond's ubiquitous installed base of consumers and enterprises worldwide. He reiterates an Outperform rating and $140 price target on the shares.
11/28/18
JEFF
11/28/18
NO CHANGE
Target $2300
JEFF
Buy
Jefferies pegs potential value of Amazon Web Services at $350B
The momentum of Amazon Web Services is evident with three days still left in the annual re:Invent Cloud conference, Jefferies analyst Brent Thill tells investors in a research note. Enterprise customers are making bigger commitments earlier with AWS, increasing partner deal sizes 3.5 times, says the analyst. He forecasts AWS revenue to hit $71B by 2020, potentially worth $350B versus Amazon's current market capitalization of $800B. Thill believes AWA is competing well against Oracle (ORCL) and Microsoft (MSFT). The analyst keeps a Buy rating on Amazon with a $2,300 price target.
11/26/18
WEDB
11/26/18
NO CHANGE
WEDB
Sony appeared to be video game hardware winner on Black Friday, says Wedbush
Wedbush analyst Michael Pachter notes that each of the four game retailers he tracked, namely Best Buy (BBY), GameStop (GME), Target (TGT) and Walmart (WMT) offered the Marvel's Spider-Man PlayStation 4 Bundle that included a slim PS4 with a 1TB hard drive and Sony's (SNE) Marvel's Spider-Man for $199.99, as well as the Microsoft's (MSFT) Xbox One S Minecraft Creators Bundle that included an Xbox One S with a 1TB hard drive, a Minecraft full game download, the Starter Pack, the Creators Pack, and 1,000 Minecoins for $199.99. Nintendo's (NTDOY) primary hardware offering was less compelling given that it was priced at the console's standard MSRP, he adds. The only sell-out that the analyst saw over Black Friday was the primary PS4 deal. Pachter expects the Black Friday deals to eventually translate into permanent price cuts for the base PS4 and Xbox One, possibly by this Christmas.

TODAY'S FREE FLY STORIES

QCOM

Qualcomm

$90.48

0.03 (0.03%)

, AAPL

Apple

$262.66

-1.86 (-0.70%)

04:59
11/15/19
11/15
04:59
11/15/19
04:59
Upgrade
Qualcomm upgraded to Buy from Neutral at Mizuho »

Mizuho analyst Vijay…

QCOM

Qualcomm

$90.48

0.03 (0.03%)

AAPL

Apple

$262.66

-1.86 (-0.70%)

SSNLF

Samsung

$0.00

(0.00%)

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    Nov

NUE

Nucor

$54.49

-0.2 (-0.37%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Nucor management to meet with KeyBanc »

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INS

Intelligent Systems

$42.26

-0.34 (-0.80%)

04:55
11/15/19
11/15
04:55
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04:55
Conference/Events
Intelligent Systems management to meet with Sidoti »

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EXPI

eXp World Holdings

$9.97

-0.08 (-0.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
eXp World Holdings management to meet with DA Davidson »

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  • 15

    Nov

GSHD

Goosehead Insurance

$44.75

0.02 (0.04%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Goosehead Insurance management to meet with William Blair »

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  • 15

    Nov

  • 03

    Dec

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Industrial Production Capacity Utilization Rate to be reported at 09:15 »

October Industrial…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Business Inventories to be reported at 10:00 »

September Business…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CLSA to hold a forum »

22nd CLSA India Forum…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Breaking General news story  »

Week of 11/15…

TRGP

Targa Resources

$38.03

-0.28 (-0.73%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Targa Resources management to meet with RBC Capital »

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  • 15

    Nov

UBX

Unity Biotechnology

$6.30

-0.26 (-3.96%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Unity Biotechnology management to meet with Mizuho »

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  • 15

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  • 13

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CTSO

CytoSorbents

$4.24

-0.2 (-4.50%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CytoSorbents management to meet with B. Riley FBR »

Meeting to be held in New…

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  • 15

    Nov

FTNT

Fortinet

$100.07

0.38 (0.38%)

04:55
11/15/19
11/15
04:55
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04:55
Conference/Events
Fortinet management to meet with MKM Partners »

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  • 15

    Nov

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    Dec

LNDC

Landec

$11.05

0.195 (1.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Landec management to meet with DA Davidson »

Meeting to be held in…

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03/06/13
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  • 15

    Nov

  • 15

    Nov

SPR

Spirit AeroSystems

$89.60

0.31 (0.35%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Spirit AeroSystems management to meet with Jefferies »

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03/06/13
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03/06/13
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  • 15

    Nov

04:55
11/15/19
11/15
04:55
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04:55
Conference/Events
Wolfe Research tech strategist to hold analyst/industry webcast »

Tech Strategist…

DTIL

Precision BioSciences

$11.80

2.33 (24.60%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Precision BioSciences participates in a conference call with BTIG »

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  • 15

    Nov

  • 07

    Dec

MPWR

Monolithic Power

$159.94

-0.51 (-0.32%)

04:55
11/15/19
11/15
04:55
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04:55
Conference/Events
Monolithic Power management to meet with Oppenheimer »

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  • 15

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CNI

Canadian National

$93.18

0.32 (0.34%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Canadian National management to meet with RBC Capital »

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  • 15

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ESTA

Establishment Labs

$23.74

0.06 (0.25%)

04:55
11/15/19
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Conference/Events
Establishment Labs management to meet with Jefferies »

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  • 15

    Nov

EA

Electronic Arts

$97.54

1.52 (1.58%)

, MSFT

Microsoft

$148.06

0.73 (0.50%)

04:55
11/15/19
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04:55
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Conference/Events
Oppenheimer to hold a bus tour »

Gaming Bus Tour travels…

EA

Electronic Arts

$97.54

1.52 (1.58%)

MSFT

Microsoft

$148.06

0.73 (0.50%)

ZNGA

Zynga

$6.33

0.005 (0.08%)

03/08/13
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  • 20

    Nov

  • 04

    Dec

  • 09

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NOVA

Sunnova Energy

$10.60

0.745 (7.56%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Sunnova Energy management to meet with Roth Capital »

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  • 15

    Nov

  • 09

    Dec

AAN

Aaron's

$58.85

2.05 (3.61%)

, BSX

Boston Scientific

$41.57

0.16 (0.39%)

04:55
11/15/19
11/15
04:55
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04:55
Conference/Events
Stephens to hold a conference »

2019 Stephens Nashville…

AAN

Aaron's

$58.85

2.05 (3.61%)

BSX

Boston Scientific

$41.57

0.16 (0.39%)

CBM

Cambrex

$59.86

(0.00%)

CNI

Canadian National

$93.18

0.32 (0.34%)

EA

Electronic Arts

$97.54

1.52 (1.58%)

DPZ

Domino's Pizza

$278.68

-0.555 (-0.20%)

ENSG

Ensign Group

$40.68

0.37 (0.92%)

EGOV

NIC Inc.

$23.61

0.2 (0.85%)

FIS

FIS

$135.49

1.68 (1.26%)

FDX

FedEx

$156.72

0.5 (0.32%)

EXP

Eagle Materials

$93.76

1.215 (1.31%)

EPAY

Bottomline Technologies

$46.95

0.71 (1.54%)

GKOS

Glaukos

$62.68

(0.00%)

GMS

GMS Inc.

$32.07

0.72 (2.30%)

HAL

Halliburton

$20.33

-0.29 (-1.41%)

HUM

Humana

$317.95

-0.94 (-0.29%)

JAX

J. Alexander's

$10.45

0.02 (0.19%)

JBHT

J.B. Hunt

$116.81

0.27 (0.23%)

LAD

Lithia Motors

$160.86

-0.34 (-0.21%)

LII

Lennox

$254.96

2.6 (1.03%)

LPX

Louisiana-Pacific

$29.10

-0.14 (-0.48%)

MATX

Matson

$36.65

-0.48 (-1.29%)

MOS

Mosaic

$20.30

0.61 (3.10%)

ODFL

Old Dominion

$195.17

0.58 (0.30%)

VG

Vonage

$7.68

-0.13 (-1.66%)

UNT

Unit Corp.

$0.79

-0.1114 (-12.38%)

WMT

Walmart

$120.65

-0.41 (-0.34%)

WNC

Wabash

$14.91

-0.255 (-1.68%)

RM

Regional Management

$33.09

0.31 (0.95%)

POOL

Pool Corp.

$205.52

0.74 (0.36%)

SAVE

Spirit Airlines

$37.70

0.21 (0.56%)

SLB

Schlumberger

$34.72

-0.31 (-0.88%)

SM

SM Energy

$8.88

-0.34 (-3.69%)

NTR

Nutrien

$49.30

-0.13 (-0.26%)

NOV

National Oilwell

$22.09

-0.26 (-1.16%)

03/08/13
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03/06/13
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03/06/13
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  • 15

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  • 19

    Nov

  • 19

    Nov

  • 21

    Nov

  • 21

    Nov

  • 22

    Nov

  • 09

    Dec

  • 09

    Dec

  • 11

    Dec

  • 11

    Dec

  • 12

    Dec

  • 17

    Dec

  • 07

    Feb

SERV

ServiceMaster

$34.00

-0.115 (-0.34%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
ServiceMaster management to meet with William Blair »

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  • 15

    Nov

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    Nov

AMZN

Amazon.com

$1,754.71

0.87 (0.05%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Amazon.com management to meet with Loop Capital »

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