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DIS

Disney

$112.71

1.29 (1.16%)

, ORCL

Oracle

$47.78

-0.1 (-0.21%)

05:54
01/10/19
01/10
05:54
01/10/19
05:54

Former Disney animation chief joins Skydance Media, WSJ reports

Six months after he was ousted at Disney (DIS) following allegations of inappropriately touching colleagues, John Lasseter has joined Skydance Media as the head of animation, The Wall Street Journal reports. Lasseter is the former head of Disney's animation studios. Skydance Media is a film and television production company run by David Ellison, the son of Oracle (ORCL) co-founder Larry Ellison. Reference Link

DIS

Disney

$112.71

1.29 (1.16%)

ORCL

Oracle

$47.78

-0.1 (-0.21%)

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DIS Disney
$112.71

1.29 (1.16%)

01/08/19
LOOP
01/08/19
NO CHANGE
Target $51
LOOP
Buy
21st Century Fox is 'attractive' way to participate in Disney, says Loop Capital
Loop Capital analyst Alan Gould kept his Buy rating and $51 price target on 21st Century Fox (FOXA), saying the stock represents "an attractive way to buy Disney (DIS) and create "New Fox" shares in the spinoff. The analyst also expects the New Fox to have less debt than previously anticipated while benefiting from continued strong growth of the Fox News Channel.
01/02/19
BOFA
01/02/19
NO CHANGE
BOFA
Top 10 US Ideas for Q1 2019 at BofA/Merrill
BofA/Merrill's Alpha Generation Research team introduced its latest Top 10 US Ideas for Q1 2019. The list consists of 9 Buys that are Cigna (CI), Disney (DIS), Equinix (EQIX), Honeywell (HON), Lockheed Martin (LMT), Marvell (MRVL), Procter & Gamble (PG), AT&T (T), and Tapestry (TPR) and 1 Underperform rating which is Campbell Soup (CPB).
12/14/18
NEED
12/14/18
NO CHANGE
Target $100
NEED
Buy
Electronic Arts price target lowered to $100 from $150 at Needham
Needham analyst Laura Martin lowered her price target on Electronic Arts (EA) to $100 given the company's less inspiring game release slate in FY20 relative to FY19, noting that the margins on the Star Wars title expected next year are lower than this year's Battlefield because of Disney (DIS) royalties. The analyst also attributes the lower target to the market repricing of stocks "valued at over 4-times enterprise value to sales". Martin is keeping her Buy rating on Electronic Arts given the ownership of its own IP assets, loyalty of "super-fans", lower risk based on its dependence on title "sequels", and the under-40 age demographic of its target market. The analyst adds that while the company does not have a "Sports game creation problem", the same may not be said about action/adventure game creation.
12/07/18
NEED
12/07/18
NO CHANGE
NEED
Hold
Disney may need to lower FY19 estimates, says Needham
Needham analyst Laura Martin kept her Hold rating on Disney, warning that the company may need to lower its FY19 earnings guidance at its April investor meeting. The analyst cites the company's growing costs around "technology, content and marketing investments" in OTT services such as ESPN+ and Disney+, along with earnings dilution from the acquisition of 21st Century Fox. Martin also lowers her FY19 EPS view to $7.13 from $7.35 based on higher ESPN+ investments, rising programming costs related to college playoff games, and lower Studio segment revenue from tough comps related to last year's Thor, Coco, and Star Wars films.
ORCL Oracle
$47.78

-0.1 (-0.21%)

01/09/19
01/09/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Nike (NKE) downgraded to Neutral from Outperform at Baird with analyst Jonathan Komp citing its relative valuation and concerns about its high P/E premium. 2. Oracle (ORCL) downgraded to Equal Weight from Overweight at Barclays with analyst Raimo Lenscho saying the competitive situation in the company's core database market and cloud is "not getting easier." 3. Wendy's (WEN) downgraded to Neutral from Outperform at Wedbush. 4. Booking Holdings (BKNG) downgraded to Equal Weight from Overweight at Morgan Stanley and to Hold from Buy at Jefferies. 5. United Continental (UAL) downgraded to Underperform from In-Line at Imperial Capital while Delta Air Lines (DAL) was downgraded to In-Line from Outperform. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/19
ATLE
01/09/19
INITIATION
Target $45
ATLE
Underweight
Oracle initiated with an Underweight at Atlantic Equities
Atlantic Equities analyst Dimitri Kallianiotis started Oracle with an Underweight rating and $45 price target as he believes that AI favors the dominant cloud providers in this "winner takes all" environment and thinks AI will reinforce the dominant position of the largest player in each market segment. This will exacerbate market share loss in applications at Oracle, driven by the decline in legacy on-premise solutions, Kallianiotis contends.
01/09/19
LEHM
01/09/19
DOWNGRADE
Target $55
LEHM
Equal Weight
Barclays downgrades Oracle on no more than 2%-4% growth prediction
Barclays analyst Raimo Lenscho downgraded Oracle to Equal Weight from Overweight and lowered his price target for the shares to $55 from $60. The competitive situation in the company's core database market and cloud is "not getting easier," Lenscho tells investors in a research note titled "The Long Wait Will Continue." And Oracle's answers in the form of autonomous database and next-generation infrastructure-as-a-service are still only in the early stages, adds the analyst. He believes Oracle will not be able to grow faster than 2%-4% for the "foreseeable future." As such, Lenscho sees the stock being range-bound.
01/09/19
LEHM
01/09/19
DOWNGRADE
Target $55
LEHM
Equal Weight
Oracle downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Raimo Lenscho downgraded Oracle to Equal Weight and lowered his price target for the shares to $55 from $60.

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RVNC

Revance

$18.11

-2.11 (-10.44%)

21:05
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MRTX

Mirati Therapeutics

$62.51

-2.33 (-3.59%)

20:49
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Syndicate
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BREW

Craft Brew

$15.50

0.19 (1.24%)

20:45
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Craft Brew initiated at Maxim »

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ROX

Castle Brands

$0.91

0.0122 (1.36%)

20:41
01/16/19
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20:41
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Initiation
Castle Brands initiated at Maxim »

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PRT

PermRock Royalty Trust

$9.61

-0.39 (-3.90%)

20:39
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20:39
Downgrade
PermRock Royalty Trust rating change at Stifel »

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GBCI

Glacier Bancorp

$42.87

1.36 (3.28%)

20:38
01/16/19
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Glacier Bancorp acquires FNB Bancorp »

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ERJ

Embraer

$22.81

-0.59 (-2.52%)

20:34
01/16/19
01/16
20:34
01/16/19
20:34
Downgrade
Embraer rating change at Morgan Stanley »

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AICAF

Air China

$0.00

(0.00%)

20:32
01/16/19
01/16
20:32
01/16/19
20:32
Upgrade
Air China rating change at HSBC »

Air China upgraded to Buy…

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CEA

China Eastern Airlines

$28.64

-0.09 (-0.31%)

20:26
01/16/19
01/16
20:26
01/16/19
20:26
Upgrade
China Eastern Airlines rating change at HSBC »

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MS

Morgan Stanley

$44.48

1.59 (3.71%)

, BBT

BB&T

$47.55

1.2 (2.59%)

20:25
01/16/19
01/16
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

MS

Morgan Stanley

$44.48

1.59 (3.71%)

BBT

BB&T

$47.55

1.2 (2.59%)

PPG

PPG

$102.58

1.58 (1.56%)

MTB

M&T Bank

$154.45

3.04 (2.01%)

KEY

KeyCorp

$16.75

0.44 (2.70%)

FAST

Fastenal

$54.11

-0.47 (-0.86%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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FDC

First Data

$21.27

3.72 (21.20%)

20:07
01/16/19
01/16
20:07
01/16/19
20:07
Downgrade
First Data rating change at Goldman Sachs »

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  • 03

    Mar

VEON

Veon

$2.56

-0.03 (-1.16%)

19:44
01/16/19
01/16
19:44
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19:44
Downgrade
Veon rating change at VTB Capital »

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AMZN

Amazon.com

$1,682.84

7.84 (0.47%)

19:22
01/16/19
01/16
19:22
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19:22
Hot Stocks
Amazon announces AWS Backup service »

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GS

Goldman Sachs

$197.03

17.12 (9.52%)

19:09
01/16/19
01/16
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Periodicals
WSJ's "Heard on the Street" column says to look past Goldman Sachs Q4 glitter »

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  • 03

    Mar

TSLA

Tesla

$346.03

1.78 (0.52%)

18:57
01/16/19
01/16
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Periodicals
CA makes up large portion of Tesla Model 3 registrations in 2018, Bloomberg says »

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  • 16

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CARS

Cars.com

$23.14

-0.26 (-1.11%)

, MNKD

MannKind

$1.32

-0.06 (-4.35%)

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Hot Stocks
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CARS

Cars.com

$23.14

-0.26 (-1.11%)

MNKD

MannKind

$1.32

-0.06 (-4.35%)

FOLD

Amicus

$12.18

0.19 (1.58%)

FUL

H.B. Fuller

$43.35

0.09 (0.21%)

PLXS

Plexus

$54.88

1.195 (2.23%)

CSX

CSX

$65.36

0.27 (0.41%)

KMI

Kinder Morgan

$17.46

0.15 (0.87%)

AA

Alcoa

$29.02

0.13 (0.45%)

ACB

Aurora Cannabis

$7.33

0.35 (5.01%)

MRTX

Mirati Therapeutics

$62.51

-2.33 (-3.59%)

AAPL

Apple

$154.88

1.84 (1.20%)

03/08/13
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BAC

Bank of America

$28.44

1.89 (7.12%)

18:46
01/16/19
01/16
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18:46
Periodicals
BofA's global investment banking head to leave bank, FT reports »

Bank of America's…

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  • 16

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NEWR

New Relic

$90.47

1.38 (1.55%)

18:44
01/16/19
01/16
18:44
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18:44
Hot Stocks
New Relic CEO: 'We are an app-centric company' »

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TME

Tencent Music

$12.99

0.57 (4.59%)

18:33
01/16/19
01/16
18:33
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18:33
Initiation
Tencent Music initiated at JPMorgan »

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ASCMA

Ascent Capital

$0.40

-0.0499 (-11.09%)

18:27
01/16/19
01/16
18:27
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18:27
Hot Stocks
Ascent Capital announces strategic review »

Ascent Capital Group…

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CMS

CMS Energy

$50.56

0.34 (0.68%)

18:19
01/16/19
01/16
18:19
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18:19
Initiation
CMS Energy initiated at Goldman Sachs »

CMS Energy initiated with…

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  • 10

    Feb

DTE

DTE Energy

$111.73

0.48 (0.43%)

18:15
01/16/19
01/16
18:15
01/16/19
18:15
Initiation
DTE Energy initiated at Goldman Sachs »

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18:15
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General news
Breaking General news story  »

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