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AAPL

Apple

$186.57

-1.46 (-0.78%)

, SPOT

Spotify

$141.60

2.275 (1.63%)

06:06
03/20/19
03/20
06:06
03/20/19
06:06

Kaspersky Lab files antitrust complaint against Apple

Cybersecurity firm Kaspersky Lab announced in a blog post that it has filed an antitrust complaint against Apple (AAPL) with the Russian Federal Antimonopoly Service. This comes less than a week after Spotify (SPOT) filed a complaint with the European Commission and called Apple a "monopolist." Kaspersky said: "Our claim pertains to Apple's policy on apps distributed through the App Store. Despite a long history of working successfully with Apple, we believe that this is a necessary step. Last year, we received a notice from Apple saying that our Kaspersky Safe Kids for iOS app does not meet the requirements of paragraph 2.5.1 of the guidelines for apps hosted in the App Store. Apple had never before had any issues with Kaspersky Safe Kids; the app had been hosted in the App Store, meeting all of the guidelines, for nearly three years. It turned out that, according to Apple, the use of configuration profiles was against App Store policy, and Apple demanded that these be removed, so that the app could pass the review and be published in the store. For us, that would mean removing two key features from Kaspersky Safe Kids: app control and Safari browser blocking... From our point of view, Apple appears to be using its position as platform owner and supervisor of the sole channel for delivering apps to users of the platform to dictate terms and prevent other developers from operating on equal terms with it. As a result of the new rules, developers of parental control apps may lose some of their users and experience financial impact. Most important, however, it is the users who will suffer as they miss out on some critical security features. The market for parental control apps will head toward a monopoly and, consequently, stagnation." Reference Link

AAPL

Apple

$186.57

-1.46 (-0.78%)

SPOT

Spotify

$141.60

2.275 (1.63%)

  • 25

    Mar

AAPL Apple
$186.57

-1.46 (-0.78%)

03/14/19
MSCO
03/14/19
NO CHANGE
Target $197
MSCO
Overweight
Morgan Stanley 'positively biased' on Apple's March quarter based on China signs
Morgan Stanley analyst Katy Huberty shared four reasons that she is "positively biased" on Apple's March quarter with two weeks to go: data showing that Apple gained share of the Chinese smartphone installed base year-over-year in January and February; the fact that February was the first month in half a year that her firm's Asia team didn't cut their iPhone builds forecast; the fact that this is the first time that her March and June quarter iPhone forecasts are actually below her Asia Hardware team's build forecast; and the fact that replacement cycles have converged with PCs. Huberty, who added that the XS Max is the most popular new iPhone model with users in China "contrary to expectations," keeps an Overweight rating and $197 price target on Apple shares.
03/14/19
03/14/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Apple (AAPL) initiated with an Outperform at Cowen. 2. Fluidigm (FLDM) initiated with a Buy at BTIG. 3. Kala Pharmaceuticals (KALA) initiated with a Buy at Jefferies. 4. PLx Pharma (PLXP) initiated with an Outperform at JMP Securities. 5. Walker & Dunlop (WD) initiated with a Buy at BTIG. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/15/19
CHLM
03/15/19
NO CHANGE
CHLM
Broadcom price target raised to $325 from $305 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss reiterated a Buy rating on Broadcom and raised his price target on shares to $325 from $305, after the company reported Q1 earnings. The analyst believes Broadcom's reaffirmed FY19 guidance in conservative, and sees the free cash flow expansion "likely driving another dividend raise in December." Stoss did note, however, that Broadcom reported Q1 revenue results below Street estimates due to weakness at Apple (AAPL) and a slowdown in data center spending, although he believes the Apple weakness was "largely expected."
03/18/19
ADAM
03/18/19
NO CHANGE
Target $104
ADAM
Buy
Apple Heart Study 'portends positively' for iRhythm, says Canaccord
Data from the Apple (AAPL) Heart Study presented this weekend at the American College of Cardiology conference highlighted the growing overlap of consumer-tech and healthcare, Canaccord Genuity analyst Jason Mills tells investors in a research note. He thinks the study "portends positively" for Irhythm Technologies (IRTC), initially from the standpoint that consumer wearable-generated awareness around atrial fibrillation should fuel interest in continuous monitoring devices like the company's Zio. Theh analyst points out that the patch used in the Apple Study, ePatch, detected atrial fibrillation in only 34% of patients who received and returned a monitoring patch after the Apple Watch detected an irregular rhythm. This contrasts to a positive predictive value of 84% in patients wearing the patch and watch simultaneously, suggesting ePatch missed a diagnosis in ~50% of patients, says Mills. The analyst believes these results underscore the value of Zio's continuous extended wear period versus competitive platforms in detecting arrhythmias. Mills views the growing consumer wearable market as a potential market expander for Zio and keeps a Buy rating on iRhythm with a $104 price target. The stock in late morning trading is up 2%, or $1.85, to $92.29.
SPOT Spotify
$141.60

2.275 (1.63%)

01/16/19
WELS
01/16/19
NO CHANGE
Target $140
WELS
Market Perform
Spotify price target lowered to $140 from $150 at Wells Fargo
Wells Fargo analyst Robert Coolbrith lowered his price target for Spotify to $140 from $150, while reiterating a Market Perform rating on the shares. The analyst remains cautious on shares as he believes that the company's runway for continued robust growth in Premium Subscribers, particularly in developed markets, may be limited by the highly competitive dynamics of the market and the appeal of high-quality free music streaming products. Additionally, Coolbrith notes that Spotify's relationships with the major music labels, which appeared to have been improving now appear to have been complicated by Spotify's efforts to directly license music from artists, with uncertain consequences for its future pace of gross margin improvement and its ability to obtain license agreements to launch its service in new markets, notably India and Russia.
02/07/19
LOOP
02/07/19
NO CHANGE
Target $120
LOOP
Sell
Spotify price target lowered to $120 from $135 at Loop Capital
Loop Capital analyst Alan Gould lowered his price target on Spotify to $120 and kept his Sell rating, saying that while the company posted "good" Q4 numbers with premium subscribers close to expectations, its 2019 top-line guidance was disappointing. The analyst adds that the "library product is more critical in music than video and warns about the "competitive music streaming market", even though he is positive on Spotify's plans to buy Anchor and Gimlet Media to grow its podcasting business.
02/07/19
RBCM
02/07/19
NO CHANGE
Target $190
RBCM
Outperform
Spotify price target lowered to $190 from $200 at RBC Capital
RBC Capital analyst Mark Mahaney lowered his price target on Spotify after its Q4 earnings, saying that while the quarter was "in-line to modestly above" consensus, the outlook for Q1 missed in terms of gross margins and operating losses. The analyst keeps his Outperform rating on Spotify, attributing the misses "almost entirely to pending acquisitions & investments in Podcasts", which he sees as a "smart strategic direction".
03/13/19
KEYB
03/13/19
NO CHANGE
KEYB
Sector Weight
KeyBanc says Spotify complaint a risk to Apple given significant merit of claim
After Spotify (SPOT) filed a complaint with the European Commission claiming Apple (AAPL) has implemented anti-competitive practices in App Store policies, KeyBanc analyst Andy Hargreaves said he believe Spotify's claim has "significant merit" and are likely to carry significant weight when presented to the EC's competition committee. He sees the most significant financial risk to Apple coming from a forced requirement to allow first party and other third party payment processing from within apps, which Hargreaves said would likely drive the current 30% rate Apple collects "down substantially." The complaint also creates brand risk in addition to financial risk, according to the analyst, who keeps a Sector Weight rating on Apple shares.

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01:45
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01:45
General news
Asian Market Update: »

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PAYS

Paysign

$11.27

-0.56 (-4.73%)

20:32
11/14/19
11/14
20:32
11/14/19
20:32
Initiation
Paysign initiated at DA Davidson »

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LPTX

Leap Therapeutics

$0.57

-0.5922 (-50.83%)

20:25
11/14/19
11/14
20:25
11/14/19
20:25
Downgrade
Leap Therapeutics rating change at Raymond James »

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FTNT

Fortinet

$100.07

0.38 (0.38%)

20:25
11/14/19
11/14
20:25
11/14/19
20:25
Upgrade
Fortinet rating change at Credit Suisse »

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JD

JD.com

$33.57

0.21 (0.63%)

, WVE

Wave Life Sciences

$27.90

-0.07 (-0.25%)

20:25
11/14/19
11/14
20:25
11/14/19
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

JD

JD.com

$33.57

0.21 (0.63%)

WVE

Wave Life Sciences

$27.90

-0.07 (-0.25%)

RYTM

Rhythm Pharmaceuticals

$21.52

0.38 (1.80%)

JCP

J.C. Penney

$1.10

0.01 (0.92%)

03/08/13
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SBS

Sabesp

$12.21

-0.02 (-0.16%)

20:22
11/14/19
11/14
20:22
11/14/19
20:22
Earnings
Sabesp reports Q3 adjusted EBITDA up 109.8% at BRL3.01B »

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LINX

Linx S.A.

$7.11

-0.8 (-10.11%)

19:16
11/14/19
11/14
19:16
11/14/19
19:16
Recommendations
Linx S.A. analyst commentary at Jefferies »

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CNP

CenterPoint Energy

$26.68

-1.42 (-5.05%)

19:12
11/14/19
11/14
19:12
11/14/19
19:12
Downgrade
CenterPoint Energy rating change at Credit Suisse »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$309.54

0.46 (0.15%)

19:09
11/14/19
11/14
19:09
11/14/19
19:09
Periodicals
Kudlow says U.S. near trade agreement with China, Reuters says »

White House economic…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$309.54

0.46 (0.15%)

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BMRN

BioMarin

$75.55

-0.54 (-0.71%)

18:41
11/14/19
11/14
18:41
11/14/19
18:41
Hot Stocks
BioMarin CEO: Our products have a very long life cycle »

In an interview on…

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OXY

Occidental Petroleum

$37.76

-0.36 (-0.94%)

18:38
11/14/19
11/14
18:38
11/14/19
18:38
Periodicals
Judge rejects Icahn's suit seeking Occidental acquisition records, Reuters says »

A Delaware court judge…

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FTCH

Farfetch

$7.49

-0.54 (-6.72%)

, DGII

Digi International

$15.10

0.33 (2.23%)

18:35
11/14/19
11/14
18:35
11/14/19
18:35
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS:…

FTCH

Farfetch

$7.49

-0.54 (-6.72%)

DGII

Digi International

$15.10

0.33 (2.23%)

AMAT

Applied Materials

$56.89

-0.24 (-0.42%)

KLIC

Kulicke & Soffa

$25.18

-0.22 (-0.87%)

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

WPM

Wheaton Precious Metals

$26.47

-0.12 (-0.45%)

RDNT

RadNet

$15.92

0.09 (0.57%)

RH

RH

$175.19

1.98 (1.14%)

ACB

Aurora Cannabis

$3.29

-0.25 (-7.06%)

OSMT

Osmotica Pharmaceuticals

$4.00

-0.03 (-0.74%)

GLOB

Globant

$108.99

3.975 (3.79%)

DLB

Dolby

$65.56

-0.14 (-0.21%)

NVDA

Nvidia

$209.88

1.33 (0.64%)

03/08/13
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    Jan

VIA

Viacom

$25.31

0.175 (0.70%)

, VIAB

Viacom

$22.48

0.44 (2.00%)

18:24
11/14/19
11/14
18:24
11/14/19
18:24
Hot Stocks
Viacom CEO: The road ahead for the company is very exciting »

In an interview on…

VIA

Viacom

$25.31

0.175 (0.70%)

VIAB

Viacom

$22.48

0.44 (2.00%)

CBS

CBS

$37.62

0.78 (2.12%)

03/08/13
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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:22
11/14/19
11/14
18:22
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18:22
Hot Stocks
Breaking Hot Stocks news story on Nvidia »

Nvidia CFO says continue…

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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:04
11/14/19
11/14
18:04
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18:04
Hot Stocks
Nvidia CEO says Q4 will be much stronger driven by AI and inference »

Says computational…

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BABA

Alibaba

$182.69

0.21 (0.12%)

17:50
11/14/19
11/14
17:50
11/14/19
17:50
Syndicate
Alibaba launches Hong Kong IPO »

Alibaba Group Holding…

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17:49
11/14/19
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17:49
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17:49
Conference/Events
William Blair SaaS analyst to hold a luncheon meeting »

SaaS Analyst Pfau holds a…

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:49
11/14/19
11/14
17:49
11/14/19
17:49
Earnings
Helmerich & Payne sees FY20 CapEx approximately $275M-$300M »

57-62% expected for…

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  • 15

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PPG

PPG

$129.82

-0.5 (-0.38%)

, PG

Procter & Gamble

$120.49

-0.15 (-0.12%)

17:49
11/14/19
11/14
17:49
11/14/19
17:49
Hot Stocks
Trian Fund exits PPG, cuts Wendy's in Q3 »

Nelson Peltz' Trian…

PPG

PPG

$129.82

-0.5 (-0.38%)

PG

Procter & Gamble

$120.49

-0.15 (-0.12%)

MDLZ

Mondelez

$52.90

0.2 (0.38%)

LM

Legg Mason

$38.60

-0.22 (-0.57%)

GE

General Electric

$11.30

-0.01 (-0.09%)

WEN

Wendy's

$20.90

-0.01 (-0.05%)

BK

BNY Mellon

$48.42

0.07 (0.14%)

SYY

Sysco

$81.51

0.27 (0.33%)

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HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:48
11/14/19
11/14
17:48
11/14/19
17:48
Earnings
Helmerich & Payne reports Q4 cont ops EPS 38c, consensus 23c »

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17:47
11/14/19
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Conference/Events
DA Davidson software analysts to hold a dinner meeting »

Analysts host a Security…

MDCO

The Medicines Co.

$50.89

-1.905 (-3.61%)

17:46
11/14/19
11/14
17:46
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17:46
Conference/Events
Roth Capital pharmaceuticals analysts to hold a luncheon »

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NVDA

Nvidia

$209.88

1.33 (0.64%)

17:44
11/14/19
11/14
17:44
11/14/19
17:44
Hot Stocks
Nvidia CFO says Q3 decline in automotive revenue driven by one-time item »

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CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

, PSDO

Presidio

$16.56

-0.02 (-0.12%)

17:44
11/14/19
11/14
17:44
11/14/19
17:44
Hot Stocks
Paulson adds Callon Petroleum, lowers stake in Lyft in Q3 »

John Paulson's…

CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

PSDO

Presidio

$16.56

-0.02 (-0.12%)

OSG

Overseas Shipholding

$1.84

0.045 (2.51%)

STC

Stewart

$43.10

0.11 (0.26%)

AGN

Allergan

$182.47

0.91 (0.50%)

HZNP

Horizon Pharma

$29.82

-0.48 (-1.58%)

ONCE

Spark Therapeutics

$110.78

-0.65 (-0.58%)

MYL

Mylan

$17.26

-0.01 (-0.06%)

S

Sprint

$5.86

-0.21 (-3.46%)

LYFT

Lyft

$41.90

-1.39 (-3.21%)

TMUS

T-Mobile

$76.87

-1.15 (-1.47%)

PCG

PG&E

$6.70

-0.19 (-2.76%)

WCG

WellCare

$301.86

-2.56 (-0.84%)

TSU

Tim Participacoes

$15.53

0.44 (2.92%)

GLD

SPDR Gold Shares

$138.57

0.59 (0.43%)

BHC

Bausch Health

$27.77

0.38 (1.39%)

CELG

Celgene

$110.03

-0.42 (-0.38%)

DISCK

Discovery Inc.

$28.04

0.12 (0.43%)

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17:41
11/14/19
11/14
17:41
11/14/19
17:41
Conference/Events
BTIG energy analysts to hold a luncheon »

Energy Analysts host…

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