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IBM

IBM

$137.43

1.34 (0.98%)

, SAN

Banco Santander

$4.54

-0.01 (-0.22%)

11:01
02/13/19
02/13
11:01
02/13/19
11:01

IBM, Banco Santander announce five-year $700M global technology agreement

IBM (IBM) and Banco Santander (SAN) announced a five-year global technology agreement valued at approximately $700M to enable Santander Group to accelerate and deepen its business transformation. The agreement will "significantly enable Santander Group to evolve towards the open, flexible and modern IT environment it requires to materialize the pivotal role that technology and digital capabilities play in its business strategy. Together with that modernization journey, essential to provide new efficiencies to the bank's operations, the agreement will also boost Santander's capability to deliver innovative services to its customers."

IBM

IBM

$137.43

1.34 (0.98%)

SAN

Banco Santander

$4.54

-0.01 (-0.22%)

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IBM IBM
$137.43

1.34 (0.98%)

01/23/19
WELS
01/23/19
NO CHANGE
Target $140
WELS
Market Perform
IBM price target lowered to $140 from $155 at Wells Fargo
Wells Fargo analyst Ed Caso lowered his price target for IBM to $140 from $155 to reflect a lower market multiple and the lack of 2020-2021 share repurchase expected, offset by signs of further progress in its digital transition. The analyst reiterates a Market Perform rating on the shares.
01/23/19
BMOC
01/23/19
NO CHANGE
Target $147
BMOC
Market Perform
IBM price target raised to $147 from $145 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on IBM (IBM) to $147 after the company's better than expected Q4 revenues in its "three important business units of Cognitive, GBS and Tech Services." The analyst also contends that while the outlook for FY19 earnings was below consensus, he sees progress on revenues as more important for the company. Bachman adds that he remains constructive on the impact of IBM's pending Red Hat (RHT) deal improving its top line, but does not see the current valuation for IBM as sufficiently compelling for a more constructive view, keeping his Market Perform rating.
01/31/19
TIGR
01/31/19
NO CHANGE
TIGR
Neutral
IBM's Cognitive Solutions strength offset by weak System, says Tigress Financial
Tigress Financial analyst Ivan Feinseth kept his Hold rating on IBM after another set of mixed results reported for Q4 last week. The analyst notes that the company's strong Cognitive Solutions performance continues to be offset by ongoing weakness in Systems revenue. Feinseth adds that its Business Performance is also trending, but sees IBM "starting to benefit from the growing performance of its Cognitive Solutions and Global Business Services business lines", driven by "growing demand for analytics, IoT, and security services."
02/11/19
PIPR
02/11/19
NO CHANGE
PIPR
Piper storage survey positive for Pure Storage, Nutanix, NetApp
Piper Jaffray conducted its fiscal Q4 Storage Reseller Survey by collecting feedback from 28 resellers and distributors. While only five of 14 vendors had net positive results versus six of the 14 last quarter, the firm saw "strong results" for Pure Storage (PSTG), Rubrik, Nutanix (NTNX), Veeam and NetApp (NTAP), analyst Andrew Nowinski told investors earlier in a research note. Pure Storage also had the strongest pipeline heading into the April quarter, added the analyst. The company's results sharply improved in the survey, with 67% of resellers citing "Above Plan" results, the highest level seen in three years, says Nowinski. The stock in early trading is up 19c to $18.47. Of those surveyed by Piper, 36% of resellers said they saw a negative impact from the U.S. government shutdown, with Dell (DELL), HP/3PAR (HPQ) and IBM (IMB) the most impacted.
SAN Banco Santander
$4.54

-0.01 (-0.22%)

05/30/18
PIPR
05/30/18
NO CHANGE
PIPR
Overweight
Piper says Santander Consumer selloff on Chrysler worries a buying opportunity
Piper Jaffray analyst Kevin Barker attributes the selloff in shares of Santander Consumer (SC) to Bloomberg's preview of Fiat Chrysler's (FCAU) investor day, which states that the carmaker will "likely announce its intention to set up its own captive finance unit in the U.S." However, he believes it would take several years for Chrysler to fully ramp a financing unit, notes that a transition away from Santander Consumer has long been considered a risk to the company and thinks such a loss would ultimately prove to be margin-accretive. Additionally, Barker said that if Santander Consumer were to lose some of the Chrysler loans, there would be more capital trapped there, which would further incentivize its European parent, Banco Santander (SAN), to consolidate. The analyst, who views the selloff as a longer-term buying opportunity, keeps an Overweight rating on Santander Consumer shares.
06/14/18
HSBC
06/14/18
UPGRADE
HSBC
Buy
Banco Santander upgraded to Buy from Hold at HSBC
10/02/18
KBWI
10/02/18
DOWNGRADE
KBWI
Market Perform
Banco Santander downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Daragh Quinn downgraded Banco Santander to Market Perform and lowered his price target for the shares to EUR 5.10 from EUR 6. The analyst expects the stock to be a relative underperformer given uncertainty from the political situations in Brazil and Europe.
02/08/19
GSCO
02/08/19
UPGRADE
GSCO
Conviction Buy
Banco Santander upgraded to Conviction Buy from Buy at Goldman Sachs
Goldman Sachs analyst Jose Abad said that following an "unprecedented value reversal" in the last year and a half, his sum-of-the-parts analysis of Banco Santander's value is 140% of the group's market cap. Using his SOTP value, the stock trades at a 28% discount, or its greatest such discount in 10 years, said Abad, who added the stock to the firm's Conviction List with a Buy rating. He also raised his price target on Banco Santander shares to EUR6.18 from EUR5.96.

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Southwest

$54.67

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Alaska Air

$63.60

-0.95 (-1.47%)

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On The Fly
Goldman Sachs says sell Southwest as airline cuts guidance »

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Southwest

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American Airlines

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United Continental

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Delta Air Lines

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JetBlue

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DWDP

DowDuPont

$55.00

0.4 (0.73%)

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Put buyers in DowDuPont weekly options »

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MGNX

MacroGenics

$21.98

-0.2 (-0.90%)

, XNCR

Xencor

$33.00

-3.18 (-8.79%)

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MacroGenics, Xencor analyst commentary  »

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MacroGenics

$21.98

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Xencor

$33.00

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MBIO

Mustang Bio

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Fortress Biotech

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-0.01 (-0.46%)

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Recommendations
Mustang Bio, Fortress Biotech analyst commentary  »

Mustang Bio partnership…

MBIO

Mustang Bio

$4.15

(0.00%)

FBIO

Fortress Biotech

$2.15

-0.01 (-0.46%)

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TRMB

Trimble

$39.47

0.1 (0.25%)

, DGII

Digi International

$13.40

0.04 (0.30%)

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Hot Stocks
Trimble, Digi collaborate to provide fleets with cold chain compliance solution »

Trimble (TRMB) announced…

TRMB

Trimble

$39.47

0.1 (0.25%)

DGII

Digi International

$13.40

0.04 (0.30%)

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WWW

Wolverine World Wide

$35.90

-3.6 (-9.11%)

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LC

LendingClub

$3.27

-0.355 (-9.81%)

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Hot Stocks
LendingClub falls -10.4% »

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OMI

Owens & Minor

$6.46

-1.48 (-18.64%)

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Owens & Minor falls -18.5% »

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NVTA

Invitae

$18.07

1.58 (9.58%)

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Invitae rises 9.0% »

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BDC

Belden

$62.43

5.79 (10.22%)

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Belden rises 9.8% »

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F

Ford

$8.94

0.11 (1.25%)

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Options
Put buyers in Ford shortly after the opening bell Wednesday »

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DVN

Devon Energy

$32.15

3.84 (13.56%)

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TSLA

Tesla

$304.81

-0.75 (-0.25%)

09:58
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On The Fly
Tesla drops as general counsel leaves after just two months »

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ET

Energy Transfer LP

$15.64

(0.00%)

09:55
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Options
Energy Transfer put volume heavy and directionally bearish »

Bearish flow noted in…

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GRMN

Garmin

$79.73

8.77 (12.36%)

, DVN

Devon Energy

$31.90

3.59 (12.68%)

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Options
Early notable gainers among liquid option names on February 20th »

Notable gainers among…

GRMN

Garmin

$79.73

8.77 (12.36%)

DVN

Devon Energy

$31.90

3.59 (12.68%)

CF

CF Industries

$43.09

1.07 (2.55%)

HST

Host Hotels

$18.93

0.41 (2.21%)

PCG

PG&E

$18.03

0.28 (1.58%)

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09:55
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Conference/Events
UBS technology analyst to hold an analyst/industry conference call »

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Conference/Events
Wedbush digital media analyst to hold an analyst/industry conference call »

Digital Media Analyst…

FB

Facebook

$163.50

1.21 (0.75%)

, GOOG

Alphabet

$1,120.70

2.54 (0.23%)

09:54
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Periodicals
EU countries back copyright reforms targeting Facebook, Google, Reuters says »

A majority of EU…

FB

Facebook

$163.50

1.21 (0.75%)

GOOG

Alphabet

$1,120.70

2.54 (0.23%)

GOOGL

Alphabet Class A

$1,128.63

2.2 (0.20%)

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NAV

Navistar

$36.77

0.24 (0.66%)

, PCAR

Paccar

$68.19

-0.02 (-0.03%)

09:51
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Navistar, Paccar, Volkswagen analyst commentary  »

Navistar checks…

NAV

Navistar

$36.77

0.24 (0.66%)

PCAR

Paccar

$68.19

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VLKAY

Volkswagen

$0.00

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AJRD

Aerojet Rocketdyne

$36.00

-4.41 (-10.91%)

09:47
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Aerojet Rocketdyne falls -9.8% »

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LC

LendingClub

$3.22

-0.4 (-11.05%)

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LendingClub falls -11.1% »

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OMI

Owens & Minor

$6.38

-1.56 (-19.65%)

09:47
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Owens & Minor falls -19.8% »

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LZB

La-Z-Boy

$34.53

2.305 (7.15%)

09:47
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La-Z-Boy rises 7.1% »

La-Z-Boy is up 7.1%, or…

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NVTA

Invitae

$17.77

1.28 (7.76%)

09:47
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Hot Stocks
Invitae rises 9.3% »

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