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S

Sprint

$5.98

0.08 (1.36%)

, TMUS

T-Mobile

$64.95

0.22 (0.34%)

16:28
12/19/18
12/19
16:28
12/19/18
16:28

T-Mobile to push back video service debut until 2019, Bloomberg reports

T-Mobile (TMUS) has pushed back the debut of its video service after finding that the project was more complex than initially anticipated, according to Bloomberg, citing people familiar with the situation. The move will likely set back the launch until 2019, although plans are not completely set in stone. The video service rollout was reportedly supposed to show how a bigger scale from its $26.5B acquisition of Sprint (S), that is still awaiting regulatory clearance, could bring beneficial products to consumers. Reference Link

S

Sprint

$5.98

0.08 (1.36%)

TMUS

T-Mobile

$64.95

0.22 (0.34%)

S Sprint
$5.98

0.08 (1.36%)

10/19/18
WELS
10/19/18
NO CHANGE
WELS
Outperform
Wells Fargo raises odds of T-Mobile-Sprint deal closing to 65%-70%
After meeting with some of her regulatory contacts in DC, Wells Fargo analyst Jennifer Fritzsche said her checks indicate that the regulatory review for T-Mobile's (TMUS) planned merger with Sprint (S) "remains fairly drama free thus far." The FCC review appears to be continuing to proceed as expected, while most contacts she spoke with indicated there does not seem to be any "chatter" coming out of DOJ, Fritzsche tells investors. Following the talks, she is increasing her view of the odds of the deal closing to 65%-70%. Fritzsche has an Outperform rating on T-Mobile and Market Perform rating on Sprint.
10/15/18
CHLM
10/15/18
INITIATION
Target $62
CHLM
Buy
pdvWireless initiated with a Buy at Craig-Hallum
Craig-Hallum analyst George Sutton started pdvWireless (PDVW) with a Buy rating and $62 price target. The analyst believes upcoming FCC action is set to "dramatically" increase the value o its spectrum assets. Sutton notes that in 2014 the company made a $100M bet, namely they acquired largely dormant 900 MHz spectrum assets from Sprint (S). Following years of behind the scenes actions by pdvWireless, this bet is finally set to pay off in a big way because the FCC appears ready to reallocate a portion of the 900 MHz band from narrow-band to broadband use, he contends.
09/25/18
OPCO
09/25/18
NO CHANGE
Target $24
OPCO
Outperform
CenturyLink CFO departure raises concerns, says Oppenheimer
Oppenheimer analyst Timothy Horan notes CenturyLink (CTL) has announced that CFO Sunit Patel will depart as of September 28th to join T-Mobile (TMUS) to lead the Sprint (S)/T-Mobile merger and integration efforts. The analyst expects weakness in CenturyLink's stock, as investors will likely be concerned with synergy realization after Patel's departure. While Horan says his departure is disappointing, he believes CenturyLink has a deep management bench, and Jeff Storey, CEO, will continue to be the driving force behind restructuring and expense reductions at the company. He reiterates an Outperform rating and $24 price target on the shares.
09/13/18
RILY
09/13/18
INITIATION
Target $46
RILY
Buy
Shenandoah initiated with a Buy at B. Riley FBR
B. Riley FBR analyst Zack Silver started Shenandoah Telecommunications (SHEN) with a Buy rating and $46 price target. The analyst sees the company benefiting from the merger between Sprint (S) and T-Mobile (TMUS).
TMUS T-Mobile
$64.95

0.22 (0.34%)

11/15/18
JMPS
11/15/18
NO CHANGE
JMPS
Market Perform
Cisco results bode well for Arista Networks, Nutanix, says JMP Securities
JMP Securities analyst Erik Suppiger noted that Cisco (CSCO) reported Q1 EPS and revenues ahead of consensus, stating that he believes the "robust" results bode well for the broader networing and security markets, including vendors such as Arista Networks (ANET), Nutanix (NTNX), Extreme Networks (EXTR) and Palo Alto Networks (PANW). Service provider bookings had positive growth for the second consecutive quarter, though management acknowledged that the growth may not be sustainable and Suppiger said he thinks this quarter included a large deal with T-Mobile (TMUS). The strength in data center and campus switching that Cisco called out suggests market demand trends are favorable for Arista and Extreme Networks, said the analyst. The strength in Cisco's hyperconverged infrastructure product, HyperFlex, suggests demand is favorable for Nutanix, he added. Suppiger, who views Cisco shares as fairly valued, keeps a Market Perform rating on the stock.
11/01/18
11/01/18
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 a Neutral at Roth Capital. 2. T-Mobile (TMUS) initiated with a Buy at Guggenheim. 3. Kosmos (KOS) initiated with a Buy at Berenberg. 4. Sellas Life Sciences (SLS) initiated with an Outperform at Oppenheimer. 5. OFS Credit (OCCI) initiated with a Buy at Ladenburg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/01/18
GUGG
11/01/18
INITIATION
Target $8.5
GUGG
Buy
T-Mobile initiated with a Buy at Guggenheim
Guggenheim initiated T-Mobile with a Buy and $8.50 price target.
10/29/18
WELS
10/29/18
NO CHANGE
Target $82
WELS
Outperform
T-Mobile price target raised to $82 from $77 at Wells Fargo
Wells Fargo analyst Jennifer Fritzsche raised her price target for T-Mobile (TMUS) to $82 from $77 as she is incrementally more positive on the shares into Q3. The analyst expects T-Mobile's subscriber momentum to continue in Q3, as it will likely lead the industry again in postpaid net adds and top-line growth. In addition, his recent DC checks make her more confident that the Sprint (S)-T-Mobile merger will be approved. As a result, Fritzsche is raising her probability of deal approval to 70% from 60% prior. The analyst reiterates an Outperform rating on T-Mobile's shares.

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WHR

Whirlpool

$159.20

0.77 (0.49%)

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BAC

Bank of America

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0.8 (2.74%)

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BRK.A

Berkshire Hathaway

$314,150.06

2587.06 (0.83%)

, BRK.B

Berkshire Hathaway

$209.40

1.55 (0.75%)

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Berkshire Hathaway

$314,150.06

2587.06 (0.83%)

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Berkshire Hathaway

$209.40

1.55 (0.75%)

BAC

Bank of America

$29.95

0.8 (2.74%)

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FX Action: USD-JPY »

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ZM

Zoom Video

$69.34

-1.49 (-2.10%)

13:25
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Conference/Events
Zoom Video to host analyst meeting »

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GM

General Motors

$36.32

0.81 (2.28%)

13:23
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Periodicals
GM, UAW said to have agreement on temp worker arrangement, Bloomberg reports »

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LYFT

Lyft

$40.61

0.84 (2.11%)

13:21
10/15/19
10/15
13:21
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13:21
Rumors
Rumor moving shares of Lyft »

Rumor: Lyft moves up…

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USFD

US Foods

$39.29

-1.28 (-3.16%)

13:19
10/15/19
10/15
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13:19
Recommendations
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US Foods chief supply…

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COST

Costco

$298.24

0.69 (0.23%)

13:19
10/15/19
10/15
13:19
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13:19
Downgrade
Costco rating change  »

Costco downgraded to Hold…

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
10/15/19
10/15
13:17
10/15/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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FOX

Fox Corp.

$31.37

0.33 (1.06%)

, FOXA

Fox Corp.

$31.62

0.21 (0.67%)

13:16
10/15/19
10/15
13:16
10/15/19
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Periodicals
Shari Redstone considers plan to launch Fox News rival, THR says »

As the merger between…

FOX

Fox Corp.

$31.37

0.33 (1.06%)

FOXA

Fox Corp.

$31.62

0.21 (0.67%)

CBS

CBS

$38.17

0.24 (0.63%)

CBS.A

$41.77

(0.00%)

VIA

Viacom

$25.28

0.015 (0.06%)

VIAB

Viacom

$22.87

0.145 (0.64%)

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
10/15/19
10/15
13:16
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13:16
Technical Analysis
NYSE market internals summary »

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WE

We Company

$0.00

(0.00%)

13:12
10/15/19
10/15
13:12
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13:12
Periodicals
Breaking Periodicals news story on We Company »

WeWork loses…

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RDS.A

Royal Dutch Shell

$57.92

0.08 (0.14%)

, RDS.B

Royal Dutch Shell

$58.44

0.14 (0.24%)

13:06
10/15/19
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13:06
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13:06
Periodicals
Shell CEO still sees big opportunties for investors in oil and gas, Reuters says »

Royal Dutch Shell CEO Ben…

RDS.A

Royal Dutch Shell

$57.92

0.08 (0.14%)

RDS.B

Royal Dutch Shell

$58.44

0.14 (0.24%)

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VKTX

Viking Therapeutics

$6.56

0.17 (2.66%)

13:05
10/15/19
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13:05
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Options
Viking Therapeutics call volume above normal and directionally bullish »

Bullish option flow…

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CNPOF

Canopy Rivers

$0.00

(0.00%)

13:02
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Hot Stocks
Canopy Rivers portfolio company receives Health Canada license amendment »

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CS

Credit Suisse

$12.26

0.28 (2.34%)

13:02
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Periodicals
Credit Suisse eyes adding more advisers to billionaire clients, Bloomberg says »

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  • 12

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CHGG

Chegg

$32.76

0.12 (0.37%)

13:02
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Hot Stocks
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CRWD

Crowdstrike

$55.38

0.87 (1.60%)

13:00
10/15/19
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  • 12

    Dec

13:00
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General news
Treasury Action: yields continue to rise »

Treasury Action: yields…

FB

Facebook

$189.25

5.96 (3.25%)

, V

Visa

$178.66

1.31 (0.74%)

12:58
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Periodicals
Facebook advances Libra amid backer mutiny, Business Insider says »

Facebook (FB) took…

FB

Facebook

$189.25

5.96 (3.25%)

V

Visa

$178.66

1.31 (0.74%)

MA

MasterCard

$278.77

2.29 (0.83%)

03/08/13
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Conference/Events
Morgan Stanley analysts to hold an analyst/industry conference call »

Executive Director of…

APHA

Aphria

$5.40

1.07 (24.71%)

12:51
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  • 15

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GOOG

Alphabet

$1,240.28

22.05 (1.81%)

, GOOGL

Alphabet Class A

$1,240.59

22.98 (1.89%)

12:44
10/15/19
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Hot Stocks
Google Stadia launches on November 19th »

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GOOG

Alphabet

$1,240.28

22.05 (1.81%)

GOOGL

Alphabet Class A

$1,240.59

22.98 (1.89%)

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GOOG

Alphabet

$1,240.62

22.39 (1.84%)

, GOOGL

Alphabet Class A

$1,241.32

23.71 (1.95%)

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Hot Stocks
Google announces Nest Wifi system »

Alphabet's Google…

GOOG

Alphabet

$1,240.62

22.39 (1.84%)

GOOGL

Alphabet Class A

$1,241.32

23.71 (1.95%)

TGT

Target

$111.99

0.85 (0.76%)

BBY

Best Buy

$68.65

-0.055 (-0.08%)

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