Breaking News Instant updates and real-time market news.

NFLX

Netflix

$338.83

14.06 (4.33%)

13:14
01/11/19
01/11
13:14
01/11/19
13:14

Citron Research says Netflix shares will trade back to $300

NFLX Netflix
$338.83

14.06 (4.33%)

01/11/19
RAJA
01/11/19
UPGRADE
RAJA
Strong Buy
Netflix upgraded to Strong Buy from Outperform at Raymond James
01/11/19
MSCO
01/11/19
NO CHANGE
Target $430
MSCO
Overweight
Netflix price target lowered to $430 from $475 at Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne lowered his price target on Netflix (NFLX) shares to $430 from $475 as he factored in his "modestly lower" view on long-term margins and the broader de-rating of the stock in the market. While he currently forecasts 27M global paid net adds in 2019, Swinburne has tempered his 2019 ARPU growth view, noting that Netflix has not implemented broad price increases as of yet. He still believes Netflix's long-term pricing power remains intact, though he is now taking a more conservative approach to ARPU growth in emerging markets longer term. Swinburne keeps an Overweight rating on Netflix, citing the nearly $500B global TV market it has the potential to address and his view that while many traditional TV studio owners, like Disney (DIS), will pivot to streaming, most likely will not.
01/11/19
RAJA
01/11/19
UPGRADE
Target $450
RAJA
Strong Buy
Raymond James upgrades Netflix to Strong Buy, sees material profitability ahead
As previously reported, Raymond James analyst Justin Patterson upgraded Netflix to Strong Buy from Outperform and raised his price target on the stock to $450 from $435. Netflix is approaching a profit inflection, as the company's front-loaded headcount investments will be leveraged and lead to an operating margin inflection, contends Patterson. His survey work shows Netflix's traction in film is helping it gain share against linear TV and he sees meaningful potential for Netflix to succeed in film, which Patterson believes should aid subscriber growth, retention and pricing power, he added. Last night, UBS analyst Eric Sheridan also upgraded Netflix to Buy from Neutral and raised his price target for the shares to $410 from $400.
01/11/19
01/11/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Netflix (NFLX) upgraded to Buy from Neutral at UBS, with analyst Eric Sheridan saying that after six months of stock underperformance as key debates emerged about competition, margins and free cash flow, the debates are better understood by investors and reflected in the current stock price. The analyst sees share upside over the near-to-medium term to subscriber growth. Current subscriber metrics such as growth, churn, spend and consumption are tracking inline to better than management's Q4 guidance and commentary. Shares were also upgraded to Strong Buy from Outperform at Raymond James. 2. Legg Mason (LM) upgraded to Neutral from Underperform at BofA/Merrill, with analyst Michael Carrier saying flows are holding up better than peers, management is de-leveraging the balance sheet, and expects potential efficiency measures and product approvals to be announced. 3. Viacom (VIAB) upgraded to Outperform from In-Line at Imperial Capital by analyst David Miller, who said now is the time to get constructive given the stock's 13.5% correction over the past 12 weeks. The analyst added that while Viacom's fiscal 2019 film slate does not impress him, its slate for fiscal 2020 looks more promising, highlighted by Gemini Man, G.I. Joe, another Spongebob film, Top Gun, with Tom Cruise reprising his role from the 1986 classic. 4. Colgate-Palmolive (CL) upgraded to Buy from Neutral at Goldman Sachs, with analyst Jason English saying he expects a combination of accelerating organic sales and easing input cost pressures to drive higher profitability. Colgate-Palmolive's valuation will return to the historical premium "that it has enjoyed relative to the HPC sector once its organic sales re-accelerate," he said. 5. Tapestry (TPR) upgraded to Overweight from Equal Weight and Ralph Lauren (RL) upgraded to Equal Weight from Underweight at Barclays by analyst Chethan Mallela. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

QCOM

Qualcomm

$51.73

-2.58 (-4.75%)

08:00
01/24/19
01/24
08:00
01/24/19
08:00
Options
Qualcomm put buyer realizes 153% same-day gains »

Notable profits for the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jan

AAPL

Apple

$153.91

0.61 (0.40%)

07:59
01/24/19
01/24
07:59
01/24/19
07:59
Recommendations
Apple analyst commentary  »

Apple consensus estimates…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Jan

INCY

Incyte

$75.20

-2.11 (-2.73%)

07:59
01/24/19
01/24
07:59
01/24/19
07:59
Upgrade
Incyte rating change  »

Incyte upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Feb

PGR

Progressive

$65.00

1.82 (2.88%)

07:59
01/24/19
01/24
07:59
01/24/19
07:59
Hot Stocks
Progressive expects to hire over 10,000 people in 2019 »

Progressive expects to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LPSN

LivePerson

$21.38

0.7 (3.38%)

07:57
01/24/19
01/24
07:57
01/24/19
07:57
Upgrade
LivePerson rating change  »

LivePerson upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CTXS

Citrix

$108.64

0.4 (0.37%)

07:57
01/24/19
01/24
07:57
01/24/19
07:57
Recommendations
Citrix analyst commentary  »

Citrix…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WAT

Waters

$229.46

25.94 (12.75%)

07:56
01/24/19
01/24
07:56
01/24/19
07:56
Downgrade
Waters rating change  »

Baird downgrades Waters…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

  • 30

    Jan

SNAP

Snap

$5.98

0.06 (1.01%)

07:55
01/24/19
01/24
07:55
01/24/19
07:55
Recommendations
Snap analyst commentary  »

Snap price target lowered…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

  • 05

    Feb

  • 03

    Mar

07:55
01/24/19
01/24
07:55
01/24/19
07:55
General news
Oil Action: NYMEX crude »

Oil Action: NYMEX crude…

SYF

Synchrony

$29.40

2.85 (10.73%)

, WMT

Walmart

$98.72

1.25 (1.28%)

07:54
01/24/19
01/24
07:54
01/24/19
07:54
Upgrade
Synchrony, Walmart rating change  »

Synchrony upgraded to…

SYF

Synchrony

$29.40

2.85 (10.73%)

WMT

Walmart

$98.72

1.25 (1.28%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jan

  • 11

    Feb

  • 03

    Mar

  • 28

    May

XLNX

Xilinx

$89.55

-0.89 (-0.98%)

07:54
01/24/19
01/24
07:54
01/24/19
07:54
Recommendations
Xilinx analyst commentary  »

Xilinx price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

MEGEF

MEG Energy

07:53
01/24/19
01/24
07:53
01/24/19
07:53
Upgrade
MEG Energy rating change  »

MEG Energy upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TXN

Texas Instruments

$95.49

-1.05 (-1.09%)

07:53
01/24/19
01/24
07:53
01/24/19
07:53
Recommendations
Texas Instruments analyst commentary  »

Texas Instruments…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

CNQ

Canadian Natural

$25.67

-0.02 (-0.08%)

07:52
01/24/19
01/24
07:52
01/24/19
07:52
Upgrade
Canadian Natural rating change  »

Canadian Natural upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Feb

DLTH

Duluth Holdings

$20.41

0.425 (2.13%)

07:51
01/24/19
01/24
07:51
01/24/19
07:51
Upgrade
Duluth Holdings rating change  »

Duluth Holdings upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BID

Sotheby's

$41.07

-0.27 (-0.65%)

07:49
01/24/19
01/24
07:49
01/24/19
07:49
Downgrade
Sotheby's rating change  »

Cowen downgrades…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VAR

Varian Medical

$126.83

1.57 (1.25%)

07:48
01/24/19
01/24
07:48
01/24/19
07:48
Recommendations
Varian Medical analyst commentary  »

Varian Medical price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Jan

  • 29

    Jan

  • 30

    Jan

  • 14

    Feb

ISCA

International Speedway

$44.15

-0.09 (-0.20%)

07:48
01/24/19
01/24
07:48
01/24/19
07:48
Earnings
International Speedway reports Q4 ex-items EPS 62c, two estimates 69c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

07:47
01/24/19
01/24
07:47
01/24/19
07:47
Hot Stocks
ECB says to reinvest QE debt for 'extended period' after start of rate raising »

The European Central Bank…

WB

Weibo

$52.25

-0.25 (-0.48%)

07:46
01/24/19
01/24
07:46
01/24/19
07:46
Downgrade
Weibo rating change  »

Jefferies sees macro…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

07:46
01/24/19
01/24
07:46
01/24/19
07:46
General news
ECB keeps key rates unchanged, sees rates steady at least through summer 2019 »

The Governing Council of…

TOWN

TowneBank

$26.60

-0.01 (-0.04%)

07:46
01/24/19
01/24
07:46
01/24/19
07:46
Earnings
TowneBank reports Q4 EPS 50c, consensus 53c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FISV

Fiserv

$80.62

2.32 (2.96%)

, FDC

First Data

$23.73

0.66 (2.86%)

07:44
01/24/19
01/24
07:44
01/24/19
07:44
Upgrade
Fiserv, First Data rating change  »

Fiserv upgraded to…

FISV

Fiserv

$80.62

2.32 (2.96%)

FDC

First Data

$23.73

0.66 (2.86%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

ATVI

Activision Blizzard

$46.01

-1.03 (-2.19%)

07:43
01/24/19
01/24
07:43
01/24/19
07:43
Recommendations
Activision Blizzard analyst commentary  »

Activision Blizzard price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

  • 12

    Feb

AAL

American Airlines

$31.57

-1.18 (-3.60%)

07:41
01/24/19
01/24
07:41
01/24/19
07:41
Hot Stocks
American Airlines reports Q4 PRASM up 1.4% »

Continued strength in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.