Breaking News Instant updates and real-time market news.

ZUO

Zuora

$24.34

0.62 (2.61%)

07:14
03/22/19
03/22
07:14
03/22/19
07:14

Zuora pullback a buying opportunity, says Canaccord

Canaccord analyst Richard Davis said "there was absolutely nothing" he heard on Zuora's earnings call or his call back with management that shakes his confidence in his Buy recommendation and he suggests investors use the post-earnings pullback to fill out positions. Commentary on the call about large deal growth, transaction volumes on platform and net dollar retention were all positive, noted Davis, who continues to believe Zuora is capable of growing faster for longer than some investors expect. He maintains a Buy rating and $28 price target on Zuora shares.

  • 23

    Apr

ZUO Zuora
$24.34

0.62 (2.61%)

03/19/19
ADAM
03/19/19
UPGRADE
Target $28
ADAM
Buy
Zuora upgraded to Buy from Hold at Canaccord
Canaccord analyst Richard Davis upgraded Zuora to Buy from Hold and raised his price target to $28 from $23, citing favorable long-term prospects. In a research note to investors, Davis says he believes Zuora will sustain revenue growth above the Mendoza line for software companies, which nowadays is about 30% for the next 3-5 years and that the company will continue a trend since its IPO three quarters ago to meaningfully outperform versus expectations on the task of reducing a still-too-high loss ratio. If those predicates hold true, Davis says he believes Zuora's share price could rise 20%-40% per year for the next several years.
03/19/19
03/19/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Noble Energy (NBL) upgraded to Buy from Neutral at Mizuho with analyst Paul Sankey stating the company's upcoming free cash flow inflection "is too close to ignore." 2. Domino's Pizza (DPZ) upgraded to Overweight from Neutral at JPMorgan with analyst John Ivankoe saying he believes Domino's algorithm to achieve 8%-12% system-wide sales growth remains intact. 3. Zuora (ZUO) upgraded to Buy from Hold at Canaccord with analyst Richard Davis citing favorable long-term prospects. 4. Five Below (FIVE) upgraded to Buy from Hold at Loop Capital with analyst Anthony Chukumba saying the company's ability to "comp the comp" has been impressive. 5. 1-800-Flowers.com (FLWS) upgraded to Buy from Neutral at DA Davidson with analyst Linda Bolton Weiser citin the company's continued market share gains. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here
03/20/19
NEED
03/20/19
NO CHANGE
Target $30
NEED
Strong Buy
Zuora price target raised to $30 from $27 at Needham
Needham analyst Scott Berg raised his price target on Zuora to $30 and kept his Strong Buy rating ahead of its Q4 results, saying his forecasts suggest that earnings will top expectations. The analyst cites strengthening in the company's technology and media verticals and anticipates that the company to "sustain the high 20% to 30% growth profile for several years". Berg also expects Zuora to reduce its free cash flow burn by about $10M per year.
03/22/19
JEFF
03/22/19
NO CHANGE
Target $35
JEFF
Buy
Zuora business metrics strong, growth sustainable, says Jefferies
Zuora exceeded fiscal Q4 sales and met profit expectations, with similar characteristics for its Q1 guidance, "though prudent annual subscription guidance was a touch shy," Jefferies analyst John DiFucci tells investors in a research note. Zuora's business metrics were strong, and while subscription growth of 35% decelerated modestly it was against the most difficult comp this year, the analyst adds. He continues to believe the "subscription economy" will drive a growth rate of at least 25%-30% over the next five-to-ten years for Zuora. DiFucci keeps a Buy rating on the shares with a $35 price target

TODAY'S FREE FLY STORIES

BYND

Beyond Meat

$155.04

1.31 (0.85%)

, TSLA

Tesla

$246.51

3.08 (1.27%)

16:48
09/19/19
09/19
16:48
09/19/19
16:48
Hot Stocks
Beyond Meat names Sanjay Shah COO »

Beyond Meat (BYND)…

BYND

Beyond Meat

$155.04

1.31 (0.85%)

TSLA

Tesla

$246.51

3.08 (1.27%)

AMZN

Amazon.com

$1,822.21

4.21 (0.23%)

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

  • 23

    Sep

  • 26

    Sep

  • 27

    Oct

  • 12

    Nov

SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

16:40
09/19/19
09/19
16:40
09/19/19
16:40
Earnings
SMTC Corp. guides initial FY20 revenue $390M-$410M, two estimate $421.85M »

Guides initial FY20…

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

  • 12

    Nov

CLXT

Calyxt

$6.97

-0.2 (-2.79%)

16:40
09/19/19
09/19
16:40
09/19/19
16:40
Hot Stocks
Calyxt signs seed agreement with Landus Cooperative in Iowa »

Calyxt has added Landus…

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

    Sep

SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

16:39
09/19/19
09/19
16:39
09/19/19
16:39
Earnings
SMTC Corp to exit China operations, cuts FY19 revenue view to $354M-$362M »

Two estimates $392.79M. …

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

  • 12

    Nov

ACRGF

Acreage Holdings

$0.00

(0.00%)

16:36
09/19/19
09/19
16:36
09/19/19
16:36
Initiation
Acreage Holdings initiated  »

Acreage Holdings…

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

SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

16:36
09/19/19
09/19
16:36
09/19/19
16:36
Hot Stocks
Breaking Hot Stocks news story on SMTC Corp. »

SMTC Corp to exit China…

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

  • 12

    Nov

16:35
09/19/19
09/19
16:35
09/19/19
16:35
General news
Money Supply M2 Weekly Change data reported »

Week of 9/9 Money Supply…

16:35
09/19/19
09/19
16:35
09/19/19
16:35
General news
Fed Balance Sheet Level data reported »

Week of 9/18 Fed Balance…

FSLR

First Solar

$67.09

1.32 (2.01%)

16:35
09/19/19
09/19
16:35
09/19/19
16:35
Hot Stocks
First Solar transitions to leveraging third-party EPC services »

First Solar, Inc.…

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

HEXO

HEXO Corp

$3.94

-0.175 (-4.25%)

16:35
09/19/19
09/19
16:35
09/19/19
16:35
Initiation
HEXO Corp initiated  »

HEXO Corp initiated with…

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

  • 12

    Nov

CURLF

Curaleaf Holdings

$0.00

(0.00%)

16:34
09/19/19
09/19
16:34
09/19/19
16:34
Initiation
Curaleaf Holdings initiated  »

Curaleaf Holdings…

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

  • 14

    Nov

CHNR

China Natural Resources

$2.53

0.13 (5.42%)

16:34
09/19/19
09/19
16:34
09/19/19
16:34
Syndicate
Breaking Syndicate news story on China Natural Resources »

China Natural Resources…

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

KEY

KeyCorp

$18.04

-0.18 (-0.99%)

16:32
09/19/19
09/19
16:32
09/19/19
16:32
Hot Stocks
KeyCorp CEO Beth Mooney to retire »

KeyCorp announced that…

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

  • 17

    Oct

ASA

ASA Limited

$12.56

0.25 (2.03%)

16:31
09/19/19
09/19
16:31
09/19/19
16:31
Hot Stocks
ASA Limited reports NAV positive 59.4% for 9 months ended August 31 »

ASA Gold and Precious…

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

16:30
09/19/19
09/19
16:30
09/19/19
16:30
Options
Preliminary option volume of 20.3M today »

Preliminary option volume…

NDLS

Noodles & Company

$5.92

-0.05 (-0.84%)

16:29
09/19/19
09/19
16:29
09/19/19
16:29
Hot Stocks
Noodles & Company names Jeffrey Jones as board chairman »

Noodles & Company…

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

TLRY

Tilray

$29.91

-0.59 (-1.93%)

16:29
09/19/19
09/19
16:29
09/19/19
16:29
Initiation
Tilray initiated  »

Tilray initiated with a…

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

    Sep

MSFT

Microsoft

$141.08

2.55 (1.84%)

, TGT

Target

$107.84

0.92 (0.86%)

16:29
09/19/19
09/19
16:29
09/19/19
16:29
On The Fly
Fly Intel: Wall Street's top stories for Thursday »

Stocks spent the morning…

MSFT

Microsoft

$141.08

2.55 (1.84%)

TGT

Target

$107.84

0.92 (0.86%)

MO

Altria Group

$40.12

-0.72 (-1.76%)

PM

Philip Morris

$71.70

0.12 (0.17%)

GE

General Electric

$9.41

0.03 (0.32%)

CBPO

China Biologic

$113.97

10.78 (10.45%)

MLHR

Herman Miller

$45.05

0.57 (1.28%)

X

U.S. Steel

$11.06

-1.39 (-11.16%)

GRUB

GrubHub

$60.54

-3.245 (-5.09%)

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

  • 19

    Sep

  • 19

    Sep

  • 23

    Sep

  • 25

    Sep

  • 21

    Oct

  • 22

    Oct

  • 27

    Oct

  • 30

    Oct

PGR

Progressive

$75.77

0.57 (0.76%)

16:28
09/19/19
09/19
16:28
09/19/19
16:28
Hot Stocks
Progressive's Chief Investment Officer William Cody retiring, succesor appointed »

Progressive appointed…

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

CGC

Canopy Growth

$26.33

-2.49 (-8.64%)

16:28
09/19/19
09/19
16:28
09/19/19
16:28
Initiation
Canopy Growth initiated  »

Canopy Growth initiated…

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

    Sep

  • 26

    Sep

CRON

Cronos Group

$10.23

-0.725 (-6.62%)

16:28
09/19/19
09/19
16:28
09/19/19
16:28
Initiation
Cronos Group initiated  »

Cronos Group initiated…

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

ACB

Aurora Cannabis

$5.16

-0.11 (-2.09%)

16:27
09/19/19
09/19
16:27
09/19/19
16:27
Initiation
Aurora Cannabis initiated  »

Aurora Cannabis initiated…

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

  • 19

    Sep

  • 26

    Sep

AWK

American Water

$122.48

1.01 (0.83%)

16:26
09/19/19
09/19
16:26
09/19/19
16:26
Hot Stocks
Illinois American Water acquires Village of Glasford water, wastewater systems »

Illinois American Water…

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

    Nov

NXST

Nexstar

$101.96

-1.23 (-1.19%)

, TRCO

Tribune Media

$46.66

(0.00%)

16:25
09/19/19
09/19
16:25
09/19/19
16:25
Hot Stocks
Nexstar completes accretive Tribune deal, sees 2019/2020 pro-forma FCF $1.02B »

Nexstar Media Group…

NXST

Nexstar

$101.96

-1.23 (-1.19%)

TRCO

Tribune Media

$46.66

(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

  • 23

    Sep

  • 13

    Nov

STZ

Constellation Brands

$207.45

-0.06 (-0.03%)

, STZ.B

Constellation Brands; also tag STZ

$182.94

(0.00%)

16:25
09/19/19
09/19
16:25
09/19/19
16:25
Initiation
Constellation Brands, Constellation Brands; also tag STZ initiated  »

Constellation Brands…

STZ

Constellation Brands

$207.45

-0.06 (-0.03%)

STZ.B

Constellation Brands; also tag STZ

$182.94

(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

  • 01

    Oct

  • 03

    Oct

  • 03

    Oct

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.