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LYFT

Lyft

$69.72

0.85 (1.23%)

, PKD

Parker Drilling

$15.00

(0.00%)

08:30
04/04/19
04/04
08:30
04/04/19
08:30

Six new option listings and three option delistings on April 4th

New option listings for April 4th include Lyft Inc (Class A Stock) (LYFT), Parker Drilling Company (PKD), Americas Silver (USAS), Wrap Technologies Inc (WRTC), WillScot Corporation (WSC), and Waitr Holdings Inc (WTRH). Option delistings effective April 4th include Pershing Gold Corporation (PGLC), Parker Drilling Co (PKDSQ), and Quantum Corporation (QMCO).

LYFT

Lyft

$69.72

0.85 (1.23%)

PKD

Parker Drilling

$15.00

(0.00%)

USAS

Americas Silver

$1.53

0.03 (2.00%)

WRTC

Wrap Technologies

$6.80

-0.02 (-0.29%)

WSC

WillScot

$11.99

0.43 (3.72%)

WTRH

Waitr Holdings

$12.59

0.34 (2.78%)

PGLC

Pershing Gold

$1.07

(0.00%)

  • 09

    Apr

  • 10

    Apr

LYFT Lyft
$69.72

0.85 (1.23%)

04/02/19
GHSC
04/02/19
INITIATION
Target $42
GHSC
Sell
Seaport Global starts Lyft with Sell rating, $42 price target
Seaport Global analyst Michael Ward initiated coverage of Lyft with a Sell rating and $42 price target. The shares closed yesterday down 12%, or $9.28, to $69.01. In order to justify the stock's current market valuation, investors need to "take a big leap of faith" that the millennials and later generations will forego ownership of a car and opt instead for reliance on a ridesharing service, Ward tells investors in a research note. However, "despite the optics of vehicles being an underutilized asset," the analyst believes people will continue to own their own vehicles as primary transportation. The ridesharing market will continue to grow and Lyft will be a prime competitor, but the company's current valuation levels "reflect an overly optimistic view of consumer behavior in the U.S," says Ward.
04/02/19
WEDB
04/02/19
NO CHANGE
Target $80
WEDB
Neutral
Wedbush says 'too early to be overreactive' as Lyft shares drop below IPO price
Wedbush analyst Daniel Ives notes that "in a stunner," Lyft shares dropped below its IPO price of $72 in its second day of trading. The analyst believes this is a "major gut check time" for Lyft and the tech IPO world to see how this stock trades given it was the first one out of the box. While Ives is bullish on the long-term opportunity for Lyft with robust growth prospects as the #2 player in a $1T transportation as a service market and the future of mobility, his concerns remain the vague path to profitability and the current valuation with no true public comps. While shares are off from the highs, he thinks it is too early to be overreactive and believes investors will support shares and be patient with the heavy losses as long as the key growth drivers are present as the company delivers robust results over the coming quarters. The analyst reiterates a Neutral rating and a $80 price target on the shares.
04/02/19
CRSS
04/02/19
INITIATION
CRSS
Buy
Lyft initiated with a Buy at Cross Research
Cross Research analyst Steven Fox initiated Lyft with a Buy
04/02/19
04/02/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Lyft (LYFT) initiated with a Buy at Cross Research and a Sell at Seaport Global. 2. Dow Inc. (DOW) initiated with an Outperform at BMO Capital and Credit Suisse, an Overweight at Morgan Stanley, as well as a Buy at Deutsche Bank and BofA/Merrill. 3. Sonos (SONO) initiated with a Buy at DA Davidson. 4. Q2 Holdings (QTWO) initiated with an Outperform at William Blair. 5. Intuitive Surgical (ISRG) initiated with a Buy at Deutsche Bank. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
PKD Parker Drilling
$15.00

(0.00%)

08/23/18
08/23/18
NO CHANGE

Parker Drilling amends shareholder rights plan
Parker Drilling adopted a shareholder rights plan to protect the potential future value of the company's net operating losses, foreign tax credits and other tax attributes. The company believes these Tax Benefits are valuable assets that could offset potential future income taxes for federal income tax purposes. As of December 31, 2017, the company had approximately $456M of federal NOLs and $47M of foreign tax credits. The company's ability to use the Tax Benefits would be substantially limited if it experiences an "ownership change,". The Rights Plan is intended to reduce the likelihood of such an ownership change by deterring any person or group from acquiring beneficial ownership of 4.9% or more of the company's outstanding common stock. The Section 382 Rights Plan lowers the beneficial ownership threshold for a person or group to become an "acquiring person" under the plan to 4.9%, from 10% in the Original Rights Plan. The Rights Plan will expire July 12, 2019, unless shareholders ratify the Section 382 Rights Plan prior to such date, in which case the term extends to three years.
USAS Americas Silver
$1.53

0.03 (2.00%)

WRTC Wrap Technologies
$6.80

-0.02 (-0.29%)

02/08/19
CHDN
02/08/19
INITIATION
Target $12.5
CHDN
Buy
Wrap Technologies initiated with a Buy at Chardan
Chardan analyst James McIlree initiated Wrap Technologies with a Buy rating and $12.50 price target.
02/08/19
02/08/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. American Airlines (AAL) initiated with a Hold at Argus. 2. Walmart (WMT) and Sprouts Farmers Market (SFM) were initiated with a Neutral at Buckingham, while Kroger (KR) was initiated with an Underperform. 3. Wrap Technologies (WRTC) initiated with a Buy at Chardan. 4. nLight (LASR) initiated with a Hold at Craig-Hallum. 5. RA Pharmaceuticals (RARX) initiated with a Buy at Stifel. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
WSC WillScot
$11.99

0.43 (3.72%)

11/19/18
11/19/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Cognex (CGNX) initiated with a Buy at Berenberg. 2. Yeti (YETI) was initiated with a Buy at Jefferies, Goldman Sachs, Stifel, BofA/Merrill and Citi, an Overweight at Piper Jaffray, KeyBanc, and Morgan Stanley, as well as an Outperform at Baird, William Blair, and Raymond James. 3. WillScot (WSC) initiated with an Equal Weight at Barclays. 4. CarGurus (CARG) initiated with a Buy at SunTrust. 5. Independence Realty Trust (IRT) initiated with an Equalweight at Capital One. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/19/18
LEHM
11/19/18
INITIATION
Target $18
LEHM
Equal Weight
WillScot initiated with an Equal Weight at Barclays
Barclays analyst Manav Patnaik started WillScot with an Equal Weight rating and $18 price target.
04/02/19
BOFA
04/02/19
INITIATION
Target $13.5
BOFA
Buy
WillScot initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Ross Gilardi initiated WillScot $13.50 price target citing execution and positive free cash flow in the second half of 2019.
10/02/18
10/02/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. WillScot (WSC) initiated with a Buy at Deutsche Bank. 2. Scientific Games (SGMS) initiated with a Buy at SunTrust. 3. Omega Healthcare (OHI) initiated with a Neutral at MUFG. 4. BJ's Wholesale (BJ) resumed with a Buy at Citi. 5. Matthews (MATW) initiated with a Buy at Buckingham. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
WTRH Waitr Holdings
$12.59

0.34 (2.78%)

03/14/19
JEFF
03/14/19
INITIATION
Target $18
JEFF
Buy
Jefferies starts Waitr Holdings at Buy, adds to top small cap pick list
Jefferies analyst Brent Thill initiated coverage of Waitr Holdings with a Buy rating and $18 price target. The company offers a unique opportunity to play the "highly underpenetrated" online food delivery space at a "discounted" valuation, Thill tells investors in a research note. He says Waitr trades at a 40% discount to global food delivery comps and a 17% discount to marketplace peers. As such, the analyst sees a current shares levels as a "compelling" entry point. Thill adds Waitr Holdings to his firm's top small cap pick list.
03/14/19
JEFF
03/14/19
INITIATION
Target $18
JEFF
Buy
Waitr Holdings initiated with a Buy at Jefferies
Jefferies analyst Brent Thill started Waitr Holdings with a Buy rating and $18 price target.
01/03/19
BNCH
01/03/19
NO CHANGE
BNCH
Activision, Canopy Growth among Best Ideas for first half of 2019 at Benchmark
Benchmark analysts selected their Best Ideas for the first half of 2019, naming 16 stocks, including: Activision Blizzard (ATVI), BioTelemetry (BEAT), Biofrontera (BFRA), Ctrip (CTRP), Huazhu Group (HTHT), II-VI (IIVI), Intevac (IVAC), LHC Group (LHCG), Meredith (MDP), Marvell (MRVL), NeoGenomics (NEO), Pegasystems (PEGA), Silicon Labs (SLAB), Varonis (VRNS), Canopy Growth (CGC) and Waitr Holdings (WTRH).
12/13/18
BNCH
12/13/18
NO CHANGE
Target $18
BNCH
Buy
Waitr Holdings price target raised to $18 on Bite Squad deal at Benchmark
Benchmark analyst Daniel Kurnos said Waitr Holdings' acquisition of Bite Squad will effectively double Waitr's size and market footprint and he sees significant value creation from the deal. Kurnos, who estimates the combined entity could generate over $250M in revenue in 2019 and over $410M in 2020, keeps a Buy rating on Waitr shares and raised his price target on the stock to $18 from $16.
PGLC Pershing Gold
$1.07

(0.00%)

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BCBP

BCB Bancorp

$13.09

0.08 (0.61%)

16:21
04/18/19
04/18
16:21
04/18/19
16:21
Earnings
BCB Bancorp reports Q1 EPS 32c, consensus 30c »

Total cash and cash…

03/08/13
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  • 25

    Apr

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    May

VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
04/18/19
04/18
16:20
04/18/19
16:20
Options
Closing CBOE SPX and VIX Index summary for April 18th »

The CBOE Volatility Index…

03/08/13
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03/06/13
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OKE

Oneok

$69.13

-0.59 (-0.85%)

16:17
04/18/19
04/18
16:17
04/18/19
16:17
Hot Stocks
Oneok increases quarterly dividend 9% to 86.5c per share »

Oneok increased its…

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  • 01

    May

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    May

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
04/18/19
04/18
16:17
04/18/19
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was average for…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
04/18/19
04/18
16:16
04/18/19
16:16
Technical Analysis
NYSE market internals summary »

Volume was average for…

03/08/13
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HEP

Holly Energy Partners

$28.23

0.51 (1.84%)

16:16
04/18/19
04/18
16:16
04/18/19
16:16
Hot Stocks
Holly Energy Partners raises dividend to 67c per unit from 66.75c »

The distribution will be…

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  • 01

    May

HES

Hess Corp.

$65.87

-0.05 (-0.08%)

16:15
04/18/19
04/18
16:15
04/18/19
16:15
Hot Stocks
Hess Corp. announces 13th discovery offshore Guyana »

Hess Corporation…

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  • 25

    Apr

  • 09

    May

  • 22

    May

  • 29

    May

16:15
04/18/19
04/18
16:15
04/18/19
16:15
General news
Breaking General news story  »

Week of 4/17 Fed Balance…

16:15
04/18/19
04/18
16:15
04/18/19
16:15
General news
Breaking General news story  »

Week of 4/8 Money Supply…

DTRM

Determine

$0.00

(0.00%)

16:13
04/18/19
04/18
16:13
04/18/19
16:13
Hot Stocks
Determine announces winding up, liquidation, and dissolution »

Determine announced that…

03/08/13
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PRTA

Prothena

$10.67

-0.08 (-0.74%)

16:12
04/18/19
04/18
16:12
04/18/19
16:12
Hot Stocks
Prothena will explore potential business development opportunities for NEOD001 »

Prothena reports results…

03/08/13
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  • 06

    May

FFIN

First Financial

$60.25

-0.32 (-0.53%)

16:11
04/18/19
04/18
16:11
04/18/19
16:11
Earnings
First Financial reports Q1 EPS 56c, consensus 56c »

Reports Q1 loan loss…

03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

INDB

Independent Bank

$84.23

-0.98 (-1.15%)

16:11
04/18/19
04/18
16:11
04/18/19
16:11
Earnings
Independent Bank reports Q1 EPS $1.30, consensus $1.29 »

Reports Q1 NII $82.5M vs.…

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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  • 22

    Apr

  • 13

    May

  • 16

    May

EXPO

Exponent

$56.31

0.15 (0.27%)

16:11
04/18/19
04/18
16:11
04/18/19
16:11
Earnings
Exponent reports Q1 EPS 42c, consensus 36c »

Reports Q1 revenue…

03/08/13
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03/06/13
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  • 18

    Apr

SRCE

1st Source

$46.04

-0.68 (-1.46%)

16:11
04/18/19
04/18
16:11
04/18/19
16:11
Earnings
1st Source reports Q1 EPS 86c, consensus 85c »

According to Christopher…

03/08/13
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03/08/13
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03/06/13
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  • 18

    Apr

AMNB

American National Bankshares

$35.04

-0.25 (-0.71%)

16:10
04/18/19
04/18
16:10
04/18/19
16:10
Earnings
Breaking Earnings news story on American National Bankshares »

American National…

03/08/13
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LITE

Lumentum

$60.71

0.56 (0.93%)

16:10
04/18/19
04/18
16:10
04/18/19
16:10
Hot Stocks
Lumentum sees revenue from datacom transceivers down $20M-$25M in Q4 »

Lumentum announced the…

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  • 07

    May

  • 28

    May

TRNO

Terreno Realty

$43.11

0.44 (1.03%)

16:09
04/18/19
04/18
16:09
04/18/19
16:09
Hot Stocks
Terreno Realty executes 192K sqm lease in Florida »

Terreno Realty announced…

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  • 30

    Apr

  • 07

    May

  • 08

    May

INNV

Innovus Pharmaceuticals

$0.00

(0.00%)

, AKRX

Akorn

$2.77

-0.16 (-5.46%)

16:09
04/18/19
04/18
16:09
04/18/19
16:09
Hot Stocks
Innovus announces FDA approval for Akorn's ANDA for FlutiCare »

Innovus Pharmaceuticals…

INNV

Innovus Pharmaceuticals

$0.00

(0.00%)

AKRX

Akorn

$2.77

-0.16 (-5.46%)

03/08/13
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03/06/13
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03/06/13
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  • 01

    May

  • 01

    May

  • 07

    May

ISRG

Intuitive Surgical

$530.12

5.37 (1.02%)

16:09
04/18/19
04/18
16:09
04/18/19
16:09
Earnings
Intuitive Surgical says worldwide da Vinci procedures grew 18% »

Intuitive Surgical said…

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  • 18

    Apr

  • 25

    Apr

  • 03

    May

ISRG

Intuitive Surgical

$529.84

5.09 (0.97%)

16:07
04/18/19
04/18
16:07
04/18/19
16:07
Earnings
Intuitive Surgical reports Q1 EPS $2.61, consensus $2.70 »

Reports Q1 revenue $974M,…

03/08/13
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03/06/13
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  • 18

    Apr

  • 25

    Apr

  • 03

    May

UIHC

United Insurance

$16.45

0.28 (1.73%)

16:06
04/18/19
04/18
16:06
04/18/19
16:06
Hot Stocks
United Insurance estimates Q1 catastrophe losses of roughly $18M pre-tax »

United Insurance Holdings…

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  • 07

    May

ADAP

Adaptimmune

$4.08

-0.23 (-5.34%)

16:05
04/18/19
04/18
16:05
04/18/19
16:05
Hot Stocks
Adaptimmune announces presentation of allogeneic SPEAR T-cell program at ASGCT »

Adaptimmune announced an…

03/08/13
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03/06/13
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W

Wayfair

$145.34

-0.56 (-0.38%)

16:05
04/18/19
04/18
16:05
04/18/19
16:05
Hot Stocks
D.E. Shaw reports 5.0% passive stake in Wayfair »

D.E. Shaw disclosed a…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 02

    May

  • 14

    May

PBCT

People's United

$17.12

-0.215 (-1.24%)

16:05
04/18/19
04/18
16:05
04/18/19
16:05
Hot Stocks
People's United raises annual dividend to 71c per share »

The company's Board…

03/08/13
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  • 18

    Apr

  • 16

    May

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