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AAPL

Apple

$157.94

0.09 (0.06%)

07:57
01/03/19
01/03
07:57
01/03/19
07:57

Apple price target lowered to $200 from $275 at Wedbush

Wedbush analyst Daniel Ives lowered his price target for Apple to $200 from $275 after the company delivered a "bombshell negative preannouncement" that will be a defining moment for years to come. While the Street had been anticipating softness in the December quarter and around March guidance given a slew of negative iPhone XS/XR data points coming out of the Asia supply chain over the past few months, the magnitude of the top-line miss with China demand the culprit was "jaw dropping" and will heavily weigh on shares accordingly, he contends. The analyst believes Apple's decisions over the coming months around pricing, future hardware redesigns, timing of 5G smartphones, and driving its core services business will have implications for years to come as Cupertino now faces the biggest fear among bulls which is an installed base that could stall out and not grow over the coming years. Ives reiterates an Outperform rating on the shares.

AAPL Apple
$157.94

0.09 (0.06%)

01/03/19
MSCO
01/03/19
NO CHANGE
Target $211
MSCO
Overweight
Apple price target lowered to $211 from $236 at Morgan Stanley
Morgan Stanley analyst Katy Huberty noted that Apple's pre-announcement about first quarter weakness due to Greater China iPhone sales was the company's first negative warning in over 15 years. In early December, she had lowered her FY19 iPhone shipments by 13M, or 6%, to 200M, but following the company's warning she is now taking her forecast of FY19 iPhone units down by another 20M, to 180.25M, Huberty noted. She lowered her price target on Apple shares to $211 from $236 but keeps an Overweight rating on the stock, calling the company's platform story "alive and well."
01/03/19
JEFF
01/03/19
DOWNGRADE
JEFF
Hold
Apple downgraded to Hold from Buy at Jefferies
01/03/19
ADAM
01/03/19
NO CHANGE
Target $75
ADAM
Buy
FTC case could lead to settlement between Qualcomm and Apple, says Canaccord
Canaccord analyst T. Michael Walkley said the upcoming FTC case is an important step in the process towards Qualcomm (QCOM) and Apple (AAPL) reaching a licensing settlement. The analyst noted that in a partial summary judgment, it required Qualcomm to license cellular standard-essential patents to the Alliance for Telecommunications Industry Standards, presenting potential risks to its licensing practices. Walkley maintains his Buy rating and $75 price target on Qualcomm shares.
01/03/19
UBSW
01/03/19
NO CHANGE
Target $180
UBSW
Buy
Apple price target lowered to $180 from $210 at UBS
UBS analyst Timothy Arcuri lowered his price target on Apple to $180 from $210 following its announcement that Q1 results would fall short of estimates. The company cited weaker demand in China but gross margins were also at the low end of guidance. The analyst said the magnitude of the year-over-year decline was last seen during the iPhone 6s cycle due to very tough iPhone 6 comps. Arcuri maintains his Buy rating on Apple shares.

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FB

Facebook

$199.20

0.5 (0.25%)

10:23
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10:23
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Street Fight: Analysts diverge on Facebook over regulatory issues, core business »

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FB

Facebook

$199.20

0.5 (0.25%)

, NKE

Nike

$95.12

1.4 (1.49%)

10:22
12/05/19
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Mixed Facebook views, 'conviction' in Nike among today's top Wall Street calls »

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FB

Facebook

$199.20

0.5 (0.25%)

NKE

Nike

$95.12

1.4 (1.49%)

GOOGL

Alphabet Class A

$1,318.54

-0.45 (-0.03%)

GOOG

Alphabet

$1,320.00

-1.46 (-0.11%)

AAPL

Apple

$263.80

2.02 (0.77%)

ETSY

Etsy

$39.93

-2.25 (-5.33%)

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General news
FX Action: The dollar »

FX Action: The dollar was…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
12/05/19
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10:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
12/05/19
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10:16
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10:16
Technical Analysis
NYSE market internals summary »

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10:15
12/05/19
12/05
10:15
12/05/19
10:15
General news
U.S. factory orders increased 0.3% in October »

U.S. factory orders…

10:15
12/05/19
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10:15
12/05/19
10:15
General news
Breaking General news story  »

Week of 11/29 EIA Natural…

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12/05
10:15
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10:15
General news
Breaking General news story  »

Week of 11/29 EIA Natural…

SAGE

Sage Therapeutics

$68.03

-81.19 (-54.41%)

10:14
12/05/19
12/05
10:14
12/05/19
10:14
Recommendations
Sage Therapeutics analyst commentary  »

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ETN

Eaton

$91.29

0.17 (0.19%)

10:13
12/05/19
12/05
10:13
12/05/19
10:13
Conference/Events
JPMorgan U.S. machinery analyst to hold an analyst/industry conference call »

U.S. Machinery Equity…

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  • 11

    Dec

BUD

AB InBev

$79.02

-0.35 (-0.44%)

10:10
12/05/19
12/05
10:10
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10:10
Options
Call sale in Anheuser Busch exits four-month trade for 99% loss »

Call sale in Anheuser…

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    Feb

CONE

CyrusOne

$60.90

-4.22 (-6.48%)

10:10
12/05/19
12/05
10:10
12/05/19
10:10
Periodicals
CyrusOne hit by ransomware attack, ZDNet reports »

Data center provider…

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  • 09

    Dec

VOLVY

Volvo

$0.00

(0.00%)

10:08
12/05/19
12/05
10:08
12/05/19
10:08
Hot Stocks
Volvo Group Venture Capital invests in Apex.AI, terms not disclosed »

Volvo Group Venture…

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10:08
12/05/19
12/05
10:08
12/05/19
10:08
Conference/Events
House Transportation & Intrastructure Committee to hold a hearing »

The Subcommittee of…

SAGE

Sage Therapeutics

$66.11

-83.11 (-55.70%)

10:04
12/05/19
12/05
10:04
12/05/19
10:04
Recommendations
Sage Therapeutics analyst commentary  »

Sage drug still active…

03/08/13
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CMCSA

Comcast

$43.37

-0.14 (-0.32%)

, CMCSK

Comcast

$0.00

(0.00%)

10:03
12/05/19
12/05
10:03
12/05/19
10:03
Hot Stocks
Comcast's chief diversity officer David Cohen to step down »

In a regulatory filing,…

CMCSA

Comcast

$43.37

-0.14 (-0.32%)

CMCSK

Comcast

$0.00

(0.00%)

03/08/13
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  • 09

    Dec

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    Dec

FB

Facebook

$200.90

2.2 (1.11%)

, HES

Hess Corp.

$61.44

0.22 (0.36%)

10:03
12/05/19
12/05
10:03
12/05/19
10:03
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

FB

Facebook

$200.90

2.2 (1.11%)

HES

Hess Corp.

$61.44

0.22 (0.36%)

XFOR

X4 Pharmaceuticals

$10.69

0.62 (6.16%)

KSU

Kansas City Southern

$150.08

0.865 (0.58%)

WERN

Werner

$35.84

0.31 (0.87%)

03/08/13
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  • 09

    Dec

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ETSY

Etsy

$40.33

-1.85 (-4.39%)

, WAT

Waters

$223.70

-1.24 (-0.55%)

10:03
12/05/19
12/05
10:03
12/05/19
10:03
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

ETSY

Etsy

$40.33

-1.85 (-4.39%)

WAT

Waters

$223.70

-1.24 (-0.55%)

FFIV

F5 Networks

$136.50

-7.06 (-4.92%)

HOME

At Home Group

$5.50

-3.05 (-35.67%)

DFS

Discover

$82.89

-0.73 (-0.87%)

SYF

Synchrony

$37.25

-0.22 (-0.59%)

03/08/13
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  • 10

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    Feb

YETI

Yeti

$32.86

1.46 (4.65%)

, BRO

Brown & Brown

$38.06

0.41 (1.09%)

10:03
12/05/19
12/05
10:03
12/05/19
10:03
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

YETI

Yeti

$32.86

1.46 (4.65%)

BRO

Brown & Brown

$38.06

0.41 (1.09%)

NKE

Nike

$95.20

1.48 (1.58%)

FB

Facebook

$200.84

2.14 (1.08%)

GOOGL

Alphabet Class A

$1,324.89

5.9 (0.45%)

GOOG

Alphabet

$1,327.00

5.54 (0.42%)

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  • 09

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    Feb

10:02
12/05/19
12/05
10:02
12/05/19
10:02
General news
Factory Orders data reported »

October Factory Orders up…

DLTR

Dollar Tree

$90.39

1.06 (1.19%)

10:00
12/05/19
12/05
10:00
12/05/19
10:00
Options
Early speculation drives call buyers to Dollar Tree »

Early speculation drives…

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MODN

Model N

$29.70

0.2 (0.68%)

09:58
12/05/19
12/05
09:58
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09:58
Conference/Events
Model N management to meet with Oppenheimer »

Meetings to be held in…

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  • 09

    Dec

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COST

Costco

$296.42

0.25 (0.08%)

, BYND

Beyond Meat

$71.81

-2.15 (-2.91%)

09:58
12/05/19
12/05
09:58
12/05/19
09:58
Hot Stocks
Beyond Meat higher after Bloomberg says Costco selling in select stores »

Shares of Beyond Meat…

COST

Costco

$296.42

0.25 (0.08%)

BYND

Beyond Meat

$71.81

-2.15 (-2.91%)

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  • 12

    Dec

XXII

22nd Century

$1.02

-0.005 (-0.49%)

, TCNNF

Trulieve Cannabis

$0.00

(0.00%)

09:56
12/05/19
12/05
09:56
12/05/19
09:56
On The Fly
Rising High: 22nd Century enters CBD health market with Panacea investment »

In this week's "Rising…

XXII

22nd Century

$1.02

-0.005 (-0.49%)

TCNNF

Trulieve Cannabis

$0.00

(0.00%)

ACB

Aurora Cannabis

$2.49

0.01 (0.40%)

TBPMF

Tetra Bio Pharma

$0.00

(0.00%)

ALEAF

Aleafia Health

$0.00

(0.00%)

APHA

Aphria

$4.71

0.035 (0.75%)

CVSI

CV Sciences

$0.00

(0.00%)

CTST

CannTrust

$0.77

-0.0076 (-0.98%)

CGC

Canopy Growth

$18.64

0.25 (1.36%)

CRON

Cronos Group

$6.70

0.13 (1.98%)

CANN

General Cannabis

$0.00

(0.00%)

TLRY

Tilray

$18.79

0.02 (0.11%)

ZYNE

Zynerba

$5.99

(0.00%)

IGC

India Globalization Capital

$0.74

(0.00%)

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  • 09

    Dec

MMM

3M

$167.00

-0.105 (-0.06%)

09:55
12/05/19
12/05
09:55
12/05/19
09:55
Options
3M put volume heavy and directionally bearish »

Bearish flow noted in 3M…

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  • 10

    Dec

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