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FDX

FedEx

$181.50

-0.92 (-0.50%)

, AMZN

Amazon.com

$1,762.45

20.45 (1.17%)

17:47
03/19/19
03/19
17:47
03/19/19
17:47

FedEx Co-CEO Carter says Amazon not a threat to future growth

Says well placed to take share in U.S. e-commerce market, which is expected to double in size by 2026.

FDX

FedEx

$181.50

-0.92 (-0.50%)

AMZN

Amazon.com

$1,762.45

20.45 (1.17%)

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    Mar

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    Mar

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    Apr

FDX FedEx
$181.50

-0.92 (-0.50%)

02/15/19
JPMS
02/15/19
NO CHANGE
Target $78
JPMS
Overweight
JPMorgan cuts XPO Logistics target to $78, removes from Focus List
JPMorgan analyst Brian Ossenbeck lowered his price target for XPO Logistics (XPO) to $78 from $84 and removed the stock from his firm's Analyst Focus List following the company's Q4 results. The analyst expects XPO shares will be under pressure as the market digests a second guidance cut in as many months from "persistent uncertainty" in Europe combined with the recent loss of a large customer. Ossenbeck believes the shipper that is paring down its parcel injection, brokerage, last mile, and logistics activity with XPO is Amazon (AMZN). The market will interpret the XPO contract loss as Amazon taking capacity in-house which is negative for FedEx (FDX) and UPS (UPS), the analyst tells investors in a research note. He lowered his price target for XPO but keeps an Overweight rating on the name.
02/19/19
MSCO
02/19/19
DOWNGRADE
Target $71
MSCO
Equal Weight
Morgan Stanley downgrades XPO Logistics, says M&A 'off the table'
As previously reported, Morgan Stanley analyst Ravi Shanker downgraded XPO Logistics (XPO) to Equal Weight from Overweight and lowered his price target for the shares to $71 from $116, stating that the company's 2019 guidance and sudden loss of its largest customer with virtually no notice has raised questions on forward visibility. M&A potential had made it his top pick previously, but now M&A is "off the table," said Shanker, who thinks confidence in the company's near-term trajectory may take time to recover. The analyst, who did not name the customer that he believes XPO recently lost, added he believes the customer aggressively insourcing its business away from XPO has "a significant negative read-across to other companies in the sector that are exposed to the same customer," particularly UPS (UPS), FedEx (FDX) and C.H. Robinson (CHRW). Other analysts have speculated that Amazon (AMZN) was the large customer lost by XPO.
02/22/19
RILY
02/22/19
NO CHANGE
RILY
Stamps.com should return to high single-digit growth, says B. Riley FBR
B. Riley FBR analyst Zach Cummins lowered his price target for Stamps.com (STMP) to $130 from $300 after the company announced the discontinuation of its partnership with the U.S. Postal Service. The stock in premarket trading is down 47%, or $93.07, to $105.01. The analyst also removed the shares from his firm's Alpha Generator list. However, he keeps a Buy rating on the shares. While cutting his estimates substantially on the news, Cummins believes Stamps.com can return to high single-digit growth with adjusted EBITDA margins near 30% in fiscal 2020. Stamps.com should be able to leverage its relationships, integrations, and volumes across to the industry to secure revenue share agreements with the likes of FedEx (FDX), UPS (UPS), or even Amazon.com (AMZN), Cummins tells investors in a research note.
03/07/19
SBSH
03/07/19
NO CHANGE
Target $210
SBSH
Buy
FedEx price target lowered to $210 from $225 at Citi
Citi analyst Christian Wetherbee lowered his Q3 earnings per share estimate for FedEx to $3.05, which is 10c below consensus, from $3.28 ahead of the company's results. The reduced estimate reflects a softer outlook for Express related to slower International trends and ongoing profit headwinds from the TNT integration, as well as somewhat lower profit growth at Freight. The analyst ultimately sees value in FedEx shares given the "significantly" lowered expectations for TNT, but he acknowledges that "real clarity" may not be achieved until the company provides a full accounting of TNT. Wetherbee cut his price target for FedEx to $210 from $225 and keeps a Buy rating on the name.
AMZN Amazon.com
$1,762.45

20.45 (1.17%)

03/14/19
DADA
03/14/19
NO CHANGE
Target $115
DADA
Neutral
MongoDB price target raised to $115 from $80 at DA Davidson
DA Davidson analyst Rishi Jaluria raised his price target on MongoDB (MDB) after its "strong beat and raise quarter" that was highlighted by accelerating growth and its Atlas data source reaching 32% of revenue. The analyst notes that the outperformance also countered concerns about Amazon's (AMZN) AWS and Red Hat (RHT), which he sees as "overblown". Jaluria is keeping his Neutral rating on MongoDB in spite of the strong quarter however, saying its shares are "fully valued".
03/15/19
KEYB
03/15/19
UPGRADE
KEYB
Overweight
Amazon.com upgraded to Overweight from Sector Weight at KeyBanc
03/15/19
KEYB
03/15/19
UPGRADE
Target $2100
KEYB
Overweight
KeyBanc upgrades Amazon to Overweight on improving retail profitability
KeyBanc analyst Edward Yruma upgraded Amazon.com to Overweight from Sector Weight with a price target of $2,100. The stock in premarket trading is up $22.78 to $1,709.00. Amazon is taking a number of operational moves to improve profitability in core retail, which could drive mid-term earnings above current consensus estimates, Yruma tells investors in a research note. He believes Amazon is "pivoting to a company with accelerating profitability." And in addition to $5B in incremental retail profitability, growth and margins remain "very strong" in the combined Web Services and advertising businesses, says the analyst. Amazon's profits over the next three years could inflect, driven by improving retail margin expansion coupled with the mix shift to higher margin AWS and Advertising segments that combined could top $100B by 2022, Yruma contends.
03/15/19
03/15/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Amazon.com (AMZN) upgraded to Overweight from Sector Weight at KeyBanc with analyst Edward Yruma saying Amazon is taking a number of operational moves to improve profitability in core retail, which could drive mid-term earnings above current consensus estimates. 2. AT&T (T) upgraded to Outperform from Market Perform at Raymond James with analyst Frank Louthan saying AT&T shares trade at a relative discount and expects shares to be driven by positive earnings growth combined with a strong de-levering story. 3. Colfax (CFX) upgraded to Equal Weight from Underweight at Barclays with analyst Julian Mitchell saying he views the company's turnaround story as underappreciated. 4. Rent-A-Center (RCII) upgraded to Outperform from Market Perform at Raymond James with analyst Budd Bugatch citing the trial win regarding the terminated buyout with Vintage Capital and a strong fundamental outlook for the upgrade. 5. Global Net Lease (GNL) upgraded to Buy from Neutral at B. Riley FBR with analyst Bryan Maher citing the stock's attractive relative valuation as well as management's acquisition "acumen" for the upgrade to Buy. 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

F

Ford

$10.29

-0.1 (-0.96%)

, FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

16:11
05/19/19
05/19
16:11
05/19/19
16:11
Periodicals
Fiat Chrysler Ram gaining on GM, Ford pickups, WSJ reports »

The growing popularity of…

F

Ford

$10.29

-0.1 (-0.96%)

FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

GM

General Motors

$37.00

-0.36 (-0.96%)

03/08/13
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RMD

ResMed

$112.81

-0.635 (-0.56%)

16:07
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05/19
16:07
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16:07
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ResMed reveals demographic, clinical factors affect adherence to PAP therapy »

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  • 05

    Jun

GOOGL

Alphabet Class A

$1,168.28

-15.39 (-1.30%)

, GOOG

Alphabet

$1,161.89

-16.89 (-1.43%)

13:48
05/19/19
05/19
13:48
05/19/19
13:48
Periodicals
Google suspends some business with Huawei, Reuters reports »

Alphabet's Google…

GOOGL

Alphabet Class A

$1,168.28

-15.39 (-1.30%)

GOOG

Alphabet

$1,161.89

-16.89 (-1.43%)

03/08/13
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03/06/13
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03/06/13
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  • 19

    Jun

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    Oct

BA

Boeing

$354.99

0.5 (0.14%)

13:28
05/19/19
05/19
13:28
05/19/19
13:28
Periodicals
Boeing says simulator software of 737 Max jets corrected, Reuters says »

Boeing has made…

03/08/13
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  • 29

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    Jun

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

13:17
05/19/19
05/19
13:17
05/19/19
13:17
Periodicals
Exxon evacuates all foreign staff from Iraqi oilfield, Reuters says »

Exxon Mobil has evacuated…

03/08/13
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  • 29

    May

TSN

Tyson Foods

$82.50

-0.48 (-0.58%)

, MCD

McDonald's

$199.20

-0.71 (-0.36%)

13:06
05/19/19
05/19
13:06
05/19/19
13:06
Periodicals
Meat prices set to climb amid swine fever, WSJ reports »

African swine fever,…

TSN

Tyson Foods

$82.50

-0.48 (-0.58%)

MCD

McDonald's

$199.20

-0.71 (-0.36%)

03/08/13
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03/06/13
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03/06/13
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  • 23

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    May

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

13:02
05/19/19
05/19
13:02
05/19/19
13:02
Periodicals
Deutsche Bank staff saw suspicious activity in Trump account, NYTimes says »

Anti-money laundering…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

DB

Deutsche Bank

$7.58

-0.08 (-1.04%)

03/08/13
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03/06/13
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  • 03

    Jun

MDCO

The Medicines Co.

$33.01

-0.19 (-0.57%)

12:51
05/19/19
05/19
12:51
05/19/19
12:51
Hot Stocks
The Medicines Co. announces interim results from ORION-3 extension study »

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  • 20

    May

ACAD

Acadia

$24.97

-0.69 (-2.69%)

12:44
05/19/19
05/19
12:44
05/19/19
12:44
Hot Stocks
Acadia presents Phase 2 CLARITY results for Pimavanserin »

Acadia Pharmaceuticals…

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PINS

Pinterest

$26.69

0.68 (2.61%)

08:37
05/18/19
05/18
08:37
05/18/19
08:37
Periodicals
Pinterest committed 'cardinal sin' for newly public company, Barron's says »

Pinterest released its…

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KSHB

KushCo Holdings

$0.00

(0.00%)

08:32
05/18/19
05/18
08:32
05/18/19
08:32
Periodicals
Pot paraphernalia companies taking hit from tariffs, Barron's says »

The U.S.-China trade…

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  • 06

    Jun

JWN

Nordstrom

$37.09

0.16 (0.43%)

08:24
05/18/19
05/18
08:24
05/18/19
08:24
Periodicals
Nordstrom stock a 'can't miss bargain.' Barron's says »

Nordstrom remains the…

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  • 21

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NTDOY

Nintendo

$0.00

(0.00%)

, TTWO

Take-Two

$106.76

-0.81 (-0.75%)

08:10
05/18/19
05/18
08:10
05/18/19
08:10
Periodicals
Take-Two 'winning the game,' Barron's says »

Videogame stocks are down…

NTDOY

Nintendo

$0.00

(0.00%)

TTWO

Take-Two

$106.76

-0.81 (-0.75%)

DIS

Disney

$135.04

-0.46 (-0.34%)

03/08/13
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03/06/13
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    Nov

TPR

Tapestry

$30.78

-0.56 (-1.79%)

, REGN

Regeneron

$304.81

-4.69 (-1.52%)

08:01
05/18/19
05/18
08:01
05/18/19
08:01
Periodicals
Regeneron, Tapestry among cheap stocks to ride out trade war, Barron's says »

Applied Materials (AMAT),…

TPR

Tapestry

$30.78

-0.56 (-1.79%)

REGN

Regeneron

$304.81

-4.69 (-1.52%)

SCHW

Charles Schwab

$43.21

-0.94 (-2.13%)

BWA

BorgWarner

$36.27

-0.375 (-1.02%)

AMAT

Applied Materials

$42.72

-1.56 (-3.52%)

03/08/13
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03/08/13
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03/06/13
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MT

ArcelorMittal

$16.37

-0.485 (-2.88%)

, CLF

Cleveland-Cliffs

$10.02

-0.08 (-0.79%)

07:25
05/18/19
05/18
07:25
05/18/19
07:25
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

MT

ArcelorMittal

$16.37

-0.485 (-2.88%)

CLF

Cleveland-Cliffs

$10.02

-0.08 (-0.79%)

SCHN

Schnitzer Steel

$23.16

0.42 (1.85%)

BRSS

Global Brass and Copper

$43.09

-0.01 (-0.02%)

LXFR

Luxfer

$25.41

-0.44 (-1.70%)

MTRN

Materion

$66.36

0.155 (0.23%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

F

Ford

$10.29

-0.1 (-0.96%)

GM

General Motors

$37.00

-0.36 (-0.96%)

HMC

Honda

$25.64

-0.135 (-0.52%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$118.40

-1.44 (-1.20%)

VWAGY

Volkswagen

$0.00

(0.00%)

SHOO

Steven Madden

$31.49

-0.37 (-1.16%)

GIII

G-III Apparel

$31.82

-0.35 (-1.09%)

IIVI

II-VI

$32.66

-1.64 (-4.78%)

LITE

Lumentum

$46.30

-4.15 (-8.23%)

MU

Micron

$36.06

-1.37 (-3.66%)

WDC

Western Digital

$44.62

-0.82 (-1.80%)

COHR

Coherent

$121.28

-5.22 (-4.13%)

LASR

nLight

$21.21

-1.27 (-5.65%)

VECO

Veeco

$12.50

-0.25 (-1.96%)

NPTN

NeoPhotonics

$3.83

-0.7 (-15.45%)

AAPL

Apple

$188.97

-0.93 (-0.49%)

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WMT

Walmart

$100.88

-0.56 (-0.55%)

17:59
05/17/19
05/17
17:59
05/17/19
17:59
Hot Stocks
Walmart EVP Furner sells 10K shares of common stock »

In a regulatory filing,…

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    Nov

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

, REPYY

Repsol

$0.00

(0.00%)

17:56
05/17/19
05/17
17:56
05/17/19
17:56
Periodicals
Exxon Gulf of Mexico sale gets interest from Repsol, Ineos, Bloomberg says »

Exxon Mobil (XOM) has…

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

REPYY

Repsol

$0.00

(0.00%)

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  • 22

    May

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    May

IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

, SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

17:43
05/17/19
05/17
17:43
05/17/19
17:43
General news
Weekly CFTC Commitment of Traders highlights »

2-YEAR U.S. TREASURY net…

IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

SLV

iShares Silver Trust

$13.52

-0.14 (-1.02%)

GLD

SPDR Gold Shares

$120.64

-0.86 (-0.71%)

FXE

Euro Currency Trust

$106.35

-0.13 (-0.12%)

03/08/13
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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

17:39
05/17/19
05/17
17:39
05/17/19
17:39
Periodicals
IMF's Lagarde: U.S.-China trade spat may be risk to global economy, Reuters says »

IMF managing director…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

03/08/13
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HIG

Hartford Financial

$53.58

-0.02 (-0.04%)

17:34
05/17/19
05/17
17:34
05/17/19
17:34
Syndicate
Breaking Syndicate news story on Hartford Financial »

Hartford Financial files…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 11

    Jun

AFH

Atlas Financial

$0.91

0.0225 (2.53%)

17:33
05/17/19
05/17
17:33
05/17/19
17:33
Hot Stocks
Atlas Financial receives filing delinquency notice from Nasdaq »

Atlas Financial received…

03/08/13
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WES

Western Gas Partners

$30.60

-0.155 (-0.50%)

17:29
05/17/19
05/17
17:29
05/17/19
17:29
Syndicate
Breaking Syndicate news story on Western Gas Partners »

Western Gas Partners…

03/08/13
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BA

Boeing

$354.99

0.5 (0.14%)

17:24
05/17/19
05/17
17:24
05/17/19
17:24
Hot Stocks
Boeing awarded $163.91M Navy contract modification »

Boeing has been awarded a…

03/08/13
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03/06/13
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03/06/13
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  • 29

    May

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    Jun

LMT

Lockheed Martin

$338.10

-2.39 (-0.70%)

17:18
05/17/19
05/17
17:18
05/17/19
17:18
Hot Stocks
Lockheed Martin subsidiary awarded $1.13B Navy contract modification »

Sikorsky, a Lockheed…

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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  • 29

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COTY

Coty

$13.50

0.25 (1.89%)

17:14
05/17/19
05/17
17:14
05/17/19
17:14
Hot Stocks
Coty exec Pieraccioni acquires 93,100 common shares »

In a regulatory filing,…

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