Breaking News Instant updates and real-time market news.

SYNA

Synaptics

$33.56

-9.62 (-22.28%)

15:30
03/18/19
03/18
15:30
03/18/19
15:30

Timely put buy in Synaptics as shares shed 22.5%

Timely put buy in Synaptics as shares shed 22.5%. The stock down $9.75 to $33.50 after an earnings warning and, with shares $35.10, May 22nd 35 puts trade across the exchanges for $1 per contract. 3.1K trade against zero open interest and the contract, which is $1.50 ITM and expiring at the end of the week, now trades $2.

  • 28

    May

SYNA Synaptics
$33.56

-9.62 (-22.28%)

03/18/19
JPMS
03/18/19
NO CHANGE
Target $45
JPMS
Neutral
Synaptics price target lowered to $45 from $50 at JPMorgan
JPMorgan analyst Paul Coster lowered his price target for Synaptics to $45 from $50 after the company negatively preannounced Q3 results and said CEO Rich Bergman will be departing immediately. In a research note titled "Mildly Negative F3Q19 Preannouncement; CEO Resigns; Typically Not Good Things," the analyst says he expects the demand environment to remain soft for Synaptics. He keeps a Neutral rating on the shares.
03/18/19
MZHO
03/18/19
DOWNGRADE
Target $39
MZHO
Neutral
Synaptics downgraded to Neutral from Buy at Mizuho
Mizuho analyst Vijay Rakesh downgraded Synaptics to Neutral from Buy after the company announced the departure of its CEO and guided the March quarter towards the lower end of its prior guidance. The analyst sees "significant and multiple challenges" for the company following the news and his channel checks in Asia which indicate market share losses. He cut his price target for the shares to $39 from $48.
02/08/19
02/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fiat Chrysler (FCAU) downgraded to Equal Weight from Overweight at Barclays with analyst Brian Johnson saying he is surprised by the "NAFTA earnings plateau" and views the company's 2020 targets as aggressive. 2. Kellogg (K) downgraded to Hold from Buy at Pivotal Research with analyst Timothy Ramey saying the company's adjusted earnings in Q4 disappointed and it "celebrated 0% organic top line growth for the year citing the heavy lift of reversing the negative trajectory." 3. NXP Semiconductors (NXPI) downgraded to Neutral from Buy at Mizuho with analyst Vijay Rakesh saying with the stock up 40% from the December lows, high China auto inventory and Europe's Worldwide Harmonised Light Vehicle Test Procedure "could present challenges and limit upside." 4. Synaptics (SYNA) downgraded to Neutral from Overweight at JPMorgan with analyst Paul Coster saying the company reported "solid" fiscal Q2 results, driven by further improvement in gross margins, but issued "slightly disappointing" Q3 guidance owing to soft demand in the handset market. 5. Knowles (KN) downgraded to Hold from Buy at Lake Street with analyst Jaeson Schmidt saying while the company can be the dominant player in the market and think its share at Apple (AAPL) is set to remain stable in the future, increasing uncertainty on the health of the global smartphone market could create headwinds to the stock's multiple. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/08/19
NEED
02/08/19
NO CHANGE
Target $60
NEED
Buy
Synaptics price target raised to $60 from $50 at Needham
Needham analyst Rajvindra Gill raised his price target on Synaptics to $60 and kept his Buy rating after its better than expected Q2 results. While the company's revenue outlook was down 15% on the quarter due to continued softness in Internet of Things and Mobile segments, the analyst is encouraged by its shift from latter to former, which he sees as a "long-term growth driver".

TODAY'S FREE FLY STORIES

CDXC

ChromaDex

$4.22

0.225 (5.63%)

06:41
04/24/19
04/24
06:41
04/24/19
06:41
Hot Stocks
ChromaDex signs Tru Niagen distribution partnership in Canada with WELL Health »

ChromaDex announced a new…

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

BSX

Boston Scientific

$35.88

0.95 (2.72%)

06:41
04/24/19
04/24
06:41
04/24/19
06:41
Earnings
Boston Scientific narrows FY19 adj. EPS view to $1.54-$1.58 from $1.53-$1.58 »

Consensus $1.56. Narrows…

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

    Apr

  • 03

    May

  • 04

    May

  • 08

    May

  • 09

    May

  • 09

    May

  • 09

    May

  • 18

    May

  • 20

    May

  • 29

    May

  • 26

    Jun

  • 13

    Nov

TSEM

TowerJazz

$17.73

0.28 (1.60%)

06:40
04/24/19
04/24
06:40
04/24/19
06:40
Downgrade
TowerJazz rating change  »

Credit Suisse 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

  • 15

    May

  • 28

    May

ZBH

Zimmer Biomet

$122.76

1.64 (1.35%)

06:39
04/24/19
04/24
06:39
04/24/19
06:39
Upgrade
Zimmer Biomet rating change  »

Zimmer Biomet 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

  • 26

    Apr

  • 10

    May

NOC

Northrop Grumman

$292.59

9.73 (3.44%)

06:39
04/24/19
04/24
06:39
04/24/19
06:39
Hot Stocks
Northrop Grumman CEO says 'captured substantial new awards' in Q1 »

"In first quarter…

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

    Apr

  • 15

    May

  • 29

    May

CPF

Central Pacific

$29.52

0.62 (2.15%)

06:39
04/24/19
04/24
06:39
04/24/19
06:39
Earnings
Central Pacific reports Q1 EPS 55c, consensus 50c »

Reports Q1 book value per…

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

    Apr

  • 26

    Apr

RCKT

Rocket Pharmaceuticals

$19.32

1.54 (8.66%)

06:39
04/24/19
04/24
06:39
04/24/19
06:39
Conference/Events
Rocket Pharmaceuticals management to meet with Evercore ISI »

Luncheon with Management…

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

    Apr

NOC

Northrop Grumman

$292.59

9.73 (3.44%)

06:38
04/24/19
04/24
06:38
04/24/19
06:38
Earnings
Northrop Grumman raises FY19 adj. EPS view to $18.90-$19.30 from $18.50-$19.00 »

FY19 consensus $18.96.…

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

    Apr

  • 15

    May

  • 29

    May

BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

06:37
04/24/19
04/24
06:37
04/24/19
06:37
Periodicals
SoftBank founder lost $130M on personal bitcoin investment, WSJ reports »

SoftBank Group (SFTBF)…

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

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

RARX

RA Pharmaceuticals

$21.95

0.68 (3.20%)

06:37
04/24/19
04/24
06:37
04/24/19
06:37
Hot Stocks
RA Pharmaceuticals presents pre-clinical data for zilucoplan XR »

Ra Pharmaceuticals…

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

AKR

Acadia Realty Trust

$28.19

0.505 (1.82%)

06:36
04/24/19
04/24
06:36
04/24/19
06:36
Conference/Events
Acadia Realty Trust management to meet with JPMorgan »

Meeting to be held 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

  • 25

    Apr

  • 29

    Apr

  • 09

    May

  • 28

    May

  • 29

    May

  • 04

    Jun

PHM

PulteGroup

$31.34

1.11 (3.67%)

06:36
04/24/19
04/24
06:36
04/24/19
06:36
Upgrade
PulteGroup rating change  »

PulteGroup 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

  • 08

    May

BSX

Boston Scientific

$35.88

0.95 (2.72%)

06:36
04/24/19
04/24
06:36
04/24/19
06:36
Earnings
Boston Scientific sees Q2 adj. EPS 37c-39c, consensus 39c »

Sees Q2 revenue up 5%-7%…

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

    Apr

  • 03

    May

  • 04

    May

  • 08

    May

  • 09

    May

  • 09

    May

  • 09

    May

  • 18

    May

  • 20

    May

  • 29

    May

  • 26

    Jun

  • 13

    Nov

NOC

Northrop Grumman

$292.59

9.73 (3.44%)

06:36
04/24/19
04/24
06:36
04/24/19
06:36
Earnings
Northrop Grumman reports Q1 EPS $5.06, consensus $4.58 »

Reports Q1 revenue $8.2B,…

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

    Apr

  • 15

    May

  • 29

    May

FND

Floor & Decor

$47.36

2.04 (4.50%)

06:36
04/24/19
04/24
06:36
04/24/19
06:36
Recommendations
Floor & Decor analyst commentary  »

Floor & Decor 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

  • 02

    May

  • 16

    May

PB

Prosperity Bancshares

$72.11

0.975 (1.37%)

06:35
04/24/19
04/24
06:35
04/24/19
06:35
Earnings
Prosperity Bancshares reports Q1 EPS $1.18, consensus $1.16 »

Reports Q1 book value per…

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

    Apr

TRK

Speedway Motorsports

$13.98

0.27 (1.97%)

06:34
04/24/19
04/24
06:34
04/24/19
06:34
Hot Stocks
Sonic Financial proposes to acquire Speedway Motorsports for $18.00 per share »

Speedway Motorsports…

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

  • 01

    May

BSX

Boston Scientific

$35.88

0.95 (2.72%)

06:33
04/24/19
04/24
06:33
04/24/19
06:33
Earnings
Boston Scientific reports Q1 adj. EPS 35c, consensus 36c »

Reports Q1 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

    Apr

  • 03

    May

  • 04

    May

  • 08

    May

  • 09

    May

  • 09

    May

  • 09

    May

  • 18

    May

  • 20

    May

  • 29

    May

  • 26

    Jun

  • 13

    Nov

TSEM

TowerJazz

$17.73

0.28 (1.60%)

06:32
04/24/19
04/24
06:32
04/24/19
06:32
Downgrade
TowerJazz rating change  »

TowerJazz downgraded 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

  • 15

    May

  • 28

    May

MKTX

MarketAxess

$262.60

0.44 (0.17%)

06:32
04/24/19
04/24
06:32
04/24/19
06:32
Earnings
MarketAxess reports Q1 EPS $1.39, consensus $1.37 »

Reports Q1 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

    Apr

  • 02

    May

SNAP

Snap

$11.99

0.46 (3.99%)

06:32
04/24/19
04/24
06:32
04/24/19
06:32
Upgrade
Snap rating change  »

Snap upgraded to In Line…

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

TRK

Speedway Motorsports

$13.98

0.27 (1.97%)

06:32
04/24/19
04/24
06:32
04/24/19
06:32
Hot Stocks
Breaking Hot Stocks news story on Speedway Motorsports »

Sonic Financial proposes…

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

  • 01

    May

AMZN

Amazon.com

$1,924.08

35.98 (1.91%)

06:31
04/24/19
04/24
06:31
04/24/19
06:31
Periodicals
Amazon shifts thousands of workers amid delivery revamp, Yahoo Finance says »

Thousands of Amazon…

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

    Apr

  • 10

    May

  • 22

    May

  • 03

    Jun

IART

Integra LifeSciences

$52.99

1.19 (2.30%)

06:28
04/24/19
04/24
06:28
04/24/19
06:28
Earnings
Integra LifeSciences sees Q2 adjusted EPS growth roughly 10% y/y, consensus 65c »

Sees Q2 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

    Apr

  • 16

    May

NFLX

Netflix

$381.99

4.56 (1.21%)

, AMZN

Amazon.com

$1,924.08

35.98 (1.91%)

06:25
04/24/19
04/24
06:25
04/24/19
06:25
Periodicals
Academy votes not to change streaming Oscar eligibility, Reuters reports »

The Academy of Motion…

NFLX

Netflix

$381.99

4.56 (1.21%)

AMZN

Amazon.com

$1,924.08

35.98 (1.91%)

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

    Apr

  • 10

    May

  • 22

    May

  • 03

    Jun

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.