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AAPL

Apple

$200.87

1.66 (0.83%)

, TSM

TSMC

$43.00

0.385 (0.90%)

11:08
04/16/19
04/16
11:08
04/16/19
11:08

TSM's 6nm process could be used in 2020 iPhone chip, Apple Insider reports

TSMC (TSM) announced earlier that it has created a 6-nanometer process that will undergo a risk production phase in 1Q20, which provides the potential to be ready for mass production in time to make Apple (AAPL)-designed A-series chips destined for the 2020 iPhones, Apple Insider's Malcolm Owen reports. TSMC will shift to an advanced form of the N7+ process called "N7 Pro" in 2Q19, a process that could potentially be adopted for A-series production for the 2019 iPhone's "A13" system-on-chip, Owen says. Reference Link

AAPL

Apple

$200.87

1.66 (0.83%)

TSM

TSMC

$43.00

0.385 (0.90%)

  • 18

    Apr

  • 30

    Apr

  • 03

    Jun

AAPL Apple
$200.87

1.66 (0.83%)

04/11/19
UBSW
04/11/19
NO CHANGE
Target $70
UBSW
Buy
Lumentum price target raised to $70 from $53 at UBS
UBS analyst Tejas Venkatesh raised his price target on Lumentum (LITE) to $70 and kept his Buy rating, saying he remains positive on the stock to produce upside to consensus estimates. The analyst cites the company likely maintaining a dominant market share with Apple (AAPL) as its unit count improves in FY20 on another iPhone cycle, leaving the adverse "inventory situation" behind. Venkatesh also anticipates "strong ROADM growth due to Lumentum's technical superiority" and benefits from China correcting its "historical underinvestments."
04/12/19
NWST
04/12/19
DOWNGRADE
NWST
Sell
Apple downgraded to Sell at New Street
04/12/19
MSCO
04/12/19
NO CHANGE
Target $220
MSCO
Overweight
Apple installed base share grew in China again in March, says Morgan Stanley
Data from Jiguang indicate that Apple's share of the Chinese smartphone installed base grew about 300 basis points year-over-year in March, according to Morgan Stanley analyst Katy Huberty, who notes that this was the third consecutive month of installed base share gain in China for Apple. March was also the strongest month of year-over-year installed base share gains in China in 15 months, noted the analyst, who has an upward bias to her below-consensus iPhone forecast for the March-end quarter. Huberty keeps an Overweight rating on Apple with a $220 price target.
04/12/19
04/12/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Apple (AAPL) downgraded to Sell at New Street. 2. Chesapeake (CHK) downgraded to Sell from Neutral at Goldman Sachs. 3. Grainger (GWW) downgraded to Underperform at Gordon Haskett with analyst John Inch citing his view of the risk that Grainger's U.S. sales significantly decelerate, driven by his analysis of web data. 4. LogMeln (LOGM) downgraded to Underweight from Overweight at Barclays with analyst Raimo Lenschow saying the core LogMeln offering around the Gravity platform is at the end of its growth trajectory, as the impact of pricing is weakening. 5. Crown Castle (CCI) downgraded to Neutral from Buy at Guggenheim with analyst Robert Gutman saying secular strength is now reflected in valuation and raised his price target to $127 from $120. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
TSM TSMC
$43.00

0.385 (0.90%)

12/11/18
COWN
12/11/18
NO CHANGE
Target $26
COWN
Outperform
AMD rallies after Cowen names a best idea for 2019
Shares of AMD (AMD) are moving higher after Cowen named the stock one of its best ideas for 2019. Despite some "well-known" graphics processing unit headwinds in the first half of 2019, AMD will see an "important revenue inflection" in the second half of the year as its fully refreshed lineup moves from 14nm to 7nm at TSMC (TSM), Cowen analyst Matthew Ramsay told investors earlier in a research note. He believes this will mark AMD's first manufacturing advantage versus competitor Intel (INTC). The analyst thinks Intel's Moore's Law advantages entering 2019 "have been largely eroded and should open opportunities" for AMD and other competitors on the 7nm node at TSMC. These opportunities could materialize across AMD's business and "re-shift investor focus toward the longer-term opportunity versus near-term GPU headwinds," contends Ramsay. The analyst has an Outperform rating on AMD with a $26 price target. The stock in morning trading is up 3%, or 54c, to $20.53.
01/17/19
LYON
01/17/19
DOWNGRADE
LYON
Underperform
TSMC downgraded to Underperform from Outperform at CLSA
CLSA downgraded TSMC to Underperform from Outperform and cut its price target on the stock to NT$211 from NT$240 after the company reported Q4 results and guided 2019 revenue to grow slightly, outperforming the semis industry. While the firm recommends owning TSMC for the long term, it said this downcycle keeps tracking worse than expected and said "no one is immune - not even TSMC."
02/04/19
SBSH
02/04/19
NO CHANGE
SBSH
Texas Instruments, TSMC, Lam among Citi's top global Semi picks for 2019
Citi's global top picks in Semiconductors are Texas Instruments (TXN), TSMC (TSM), Sony (SNE), Samsung (SSNLF), ASML (ASML), and Lam Research (LRCX), analysts led by Christopher Danely tell investors in a research note. Citi is "becoming more constructive as fundamentals are bottoming and semis are shipping below demand." The firm expects revenue for the Semiconductor sector in 2019 to decline 7% year-over-year, down from 15% year-over-year growth in 2018, due to the "memory crash dragging down overall sales." If China goes into recession, Citi believes semis will see "another big leg down." If not, the firm expects upside in the second half of 2019.
04/10/19
DADA
04/10/19
NO CHANGE
Target $21
DADA
Buy
FormFactor price target raised to $21 from $18 at DA Davidson
DA Davidson analyst Thomas Diffely raised his price target on FormFactor (FORM) to $21 and kept his Buy rating after meeting with its management at an investor event last week. The analyst says investors were "pleasantly surprised" by the stability of the company's "design driven model" during industry slowdowns, adding that he sees FormFactor's "unique business drivers" being "larger then expected". Diffely further cites a potential revenue recovery at Intel (INTC), continued revenue growth at TSMC (TSM), and ramping activity from 5G and photonic" markets in concluding that FormFactor's growth prospects look "increasingly bullish".

TODAY'S FREE FLY STORIES

MTSI

Macom

$15.86

-0.33 (-2.04%)

21:33
04/24/19
04/24
21:33
04/24/19
21:33
Downgrade
Macom rating change  »

Macom downgraded to In…

03/08/13
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GRTS

Gritstone Oncology

$12.32

-0.63 (-4.86%)

20:58
04/24/19
04/24
20:58
04/24/19
20:58
Syndicate
Gritstone Oncology 6.5M share Secondary priced at $11.50 »

Goldman Sachs, Cowen,…

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  • 25

    Apr

MTSI

Macom

$15.86

-0.33 (-2.04%)

20:56
04/24/19
04/24
20:56
04/24/19
20:56
Downgrade
Macom rating change at Jefferies »

Macom downgraded to Hold…

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  • 07

    May

CBS

CBS

$51.34

-0.01 (-0.02%)

, VIAB

Viacom

$29.69

0.42 (1.43%)

20:39
04/24/19
04/24
20:39
04/24/19
20:39
Periodicals
CBS board has restarted talks about a bid for Viacom, NBC reports »

The board members of CBS…

CBS

CBS

$51.34

-0.01 (-0.02%)

VIAB

Viacom

$29.69

0.42 (1.43%)

03/08/13
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03/06/13
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03/06/13
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  • 02

    May

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    May

INTC

Intel

$58.72

-0.06 (-0.10%)

20:34
04/24/19
04/24
20:34
04/24/19
20:34
Periodicals
Intel lays off dozens in autonomous vehicle division, The Information reports »

Several dozen workers…

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    Jun

CMCSA

Comcast

$41.87

-0.11 (-0.26%)

, CMCSK

Comcast

$0.00

(0.00%)

20:25
04/24/19
04/24
20:25
04/24/19
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

CMCSA

Comcast

$41.87

-0.11 (-0.26%)

CMCSK

Comcast

$0.00

(0.00%)

MMM

3M

$219.24

-0.28 (-0.13%)

ABBV

AbbVie

$78.71

0.06 (0.08%)

MO

Altria Group

$54.70

-0.14 (-0.26%)

UPS

UPS

$114.39

0.79 (0.70%)

BMY

Bristol-Myers

$44.63

-0.69 (-1.52%)

RTN

Raytheon

$185.44

-2.08 (-1.11%)

ITW

Illinois Tool Works

$156.78

-1.14 (-0.72%)

BAX

Baxter

$76.31

-0.02 (-0.03%)

VLO

Valero

$87.75

-2.53 (-2.80%)

LUV

Southwest

$52.92

0.11 (0.21%)

HSY

Hershey

$117.01

0.16 (0.14%)

ROK

Rockwell Automation

$188.97

-0.405 (-0.21%)

HES

Hess Corp.

$65.79

-1.67 (-2.48%)

FCX

Freeport McMoRan

$13.57

0.115 (0.85%)

IP

International Paper

$44.30

-0.37 (-0.83%)

DHI

D.R. Horton

$46.67

0.275 (0.59%)

TSCO

Tractor Supply

$104.09

0.88 (0.85%)

MAS

Masco

$39.98

-0.02 (-0.05%)

IVZ

Invesco

$21.53

-0.09 (-0.42%)

CLF

Cleveland-Cliffs

$9.52

0.025 (0.26%)

03/08/13
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03/06/13
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03/06/13
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  • 13

    Nov

PBR

Petrobras

$15.34

-0.45 (-2.85%)

20:15
04/24/19
04/24
20:15
04/24/19
20:15
Periodicals
Breaking Periodicals news story on Petrobras »

Petrobras to dismiss…

03/08/13
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03/08/13
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03/06/13
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BTI

British American Tobacco

$39.33

-0.45 (-1.13%)

19:28
04/24/19
04/24
19:28
04/24/19
19:28
Periodicals
BAT faces legal action over giving workers free cigarettes, Bloomberg says »

Lawyers are weighing…

03/08/13
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03/06/13
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03/06/13
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POR

Portland General Electric

$51.20

0.61 (1.21%)

19:22
04/24/19
04/24
19:22
04/24/19
19:22
Hot Stocks
Portland General Electric raises quarterly dividend 6.3% to 38.5c per share »

The dividend is payable…

03/08/13
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  • 24

    Apr

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WPG

Washington Prime

$4.55

-0.08 (-1.73%)

19:14
04/24/19
04/24
19:14
04/24/19
19:14
Earnings
Washington Prime reports Q1 FFO 31c, consensus 29c »

Reports Q1 revenue…

03/08/13
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03/06/13
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  • 25

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  • 04

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AVH

Avianca

$3.91

-0.09 (-2.25%)

19:14
04/24/19
04/24
19:14
04/24/19
19:14
Hot Stocks
Avianca CEO Rincon to retire effective April 30 »

Avianca Holdings…

03/08/13
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SAM

Boston Beer

$276.71

-1.24 (-0.45%)

, AXTI

AXT Inc.

$4.74

0.09 (1.94%)

19:03
04/24/19
04/24
19:03
04/24/19
19:03
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: …

SAM

Boston Beer

$276.71

-1.24 (-0.45%)

AXTI

AXT Inc.

$4.74

0.09 (1.94%)

FBHS

Fortune Brands

$49.89

0.53 (1.07%)

BCOV

Brightcove

$8.72

0.12 (1.40%)

FB

Facebook

$182.64

-1.13 (-0.61%)

NOW

ServiceNow

$242.41

-1.085 (-0.45%)

MSFT

Microsoft

$125.00

-0.5 (-0.40%)

LRCX

Lam Research

$195.40

0.56 (0.29%)

TILE

Interface

$17.11

0.22 (1.30%)

CHDN

Churchill Downs

$92.16

2.66 (2.97%)

KN

Knowles

$18.48

0.05 (0.27%)

CMG

Chipotle

$710.00

7.61 (1.08%)

TSLA

Tesla

$258.70

-5.15 (-1.95%)

XLNX

Xilinx

$139.79

2.66 (1.94%)

PTC

PTC

$101.94

1.12 (1.11%)

NTGR

Netgear

$35.03

-0.18 (-0.51%)

SAVE

Spirit Airlines

$58.30

0.82 (1.43%)

ORLY

O'Reilly Automotive

$396.80

1.14 (0.29%)

MMLP

Martin Midstream Partners

$9.84

-0.285 (-2.82%)

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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    Aug

  • 13

    Nov

PBFX

PBF Logistics

$21.36

-0.37 (-1.70%)

, PBF

PBF Energy

$33.09

-0.805 (-2.38%)

19:02
04/24/19
04/24
19:02
04/24/19
19:02
Earnings
PBF Logistics reports preliminary Q1 revenue $78.3M-$79.3M, consensus $78.17M »

Reports preliminary Q1…

PBFX

PBF Logistics

$21.36

-0.37 (-1.70%)

PBF

PBF Energy

$33.09

-0.805 (-2.38%)

03/08/13
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03/06/13
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  • 01

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  • 01

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  • 23

    May

PBFX

PBF Logistics

$21.36

-0.37 (-1.70%)

, PBF

PBF Energy

$33.09

-0.805 (-2.38%)

19:01
04/24/19
04/24
19:01
04/24/19
19:01
Hot Stocks
PBF Logistics acquires remaining 50% interest in Torrance Valley Pipeline Compan »

PBF Logistics (PBFX)…

PBFX

PBF Logistics

$21.36

-0.37 (-1.70%)

PBF

PBF Energy

$33.09

-0.805 (-2.38%)

03/08/13
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  • 01

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    May

NOW

ServiceNow

$242.41

-1.085 (-0.45%)

18:58
04/24/19
04/24
18:58
04/24/19
18:58
Hot Stocks
ServiceNow CEO: We are the IT system of record »

In an interview on…

03/08/13
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  • 24

    Apr

  • 05

    May

PBFX

PBF Logistics

$21.36

-0.37 (-1.70%)

18:57
04/24/19
04/24
18:57
04/24/19
18:57
Syndicate
PBF Logistics announces registered direct offering of 6.59M common units »

PBF Logistics announced…

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  • 01

    May

NFBK

Northfield Bancorp

$14.70

0.09 (0.62%)

18:56
04/24/19
04/24
18:56
04/24/19
18:56
Hot Stocks
Northfield Bancorp raises quarterly dividend to 11c from 10c per share »

The dividend is payable…

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  • 13

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    May

NFBK

Northfield Bancorp

$14.70

0.09 (0.62%)

18:55
04/24/19
04/24
18:55
04/24/19
18:55
Earnings
Northfield Bancorp reports Q1 EPS 19c, consensus 19c »

Reports Q1 NII $27.3M vs.…

03/08/13
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  • 13

    May

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    May

ZUO

Zuora

$20.03

0.04 (0.20%)

18:42
04/24/19
04/24
18:42
04/24/19
18:42
Hot Stocks
Zuora CEO: Subscription based business models are on the rise »

In an interview on…

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  • 10

    Jun

TSLA

Tesla

$258.70

-5.15 (-1.95%)

, MXWL

Maxwell

$4.28

-0.095 (-2.17%)

18:31
04/24/19
04/24
18:31
04/24/19
18:31
Hot Stocks
Tesla says 50% of deliveries occurred in last 10 days of quarter »

Says: Overseas volume…

TSLA

Tesla

$258.70

-5.15 (-1.95%)

MXWL

Maxwell

$4.28

-0.095 (-2.17%)

03/08/13
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  • 24

    Apr

OMAB

OMA Airports

$48.34

-0.25 (-0.51%)

18:18
04/24/19
04/24
18:18
04/24/19
18:18
Earnings
OMA Airports reports Q1 EPS 67c, two estimates 73c »

Reports Q1 traffic up…

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  • 25

    Apr

HMC

Honda

$27.70

-0.8 (-2.81%)

18:07
04/24/19
04/24
18:07
04/24/19
18:07
Hot Stocks
Honda to recall roughly 94,000 cars in U.S. over faulty timing belts »

Honda said it will…

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  • 24

    Apr

NTDOY

Nintendo

$0.00

(0.00%)

18:05
04/24/19
04/24
18:05
04/24/19
18:05
Hot Stocks
Nintendo says 'Super Mario Maker 2' coming to Switch June 28 »

Nintendo announced that…

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  • 08

    Jun

ARGO

Argo Group

$74.46

0.515 (0.70%)

18:04
04/24/19
04/24
18:04
04/24/19
18:04
Hot Stocks
Argo Group says Voce making 'false and misleading' statements about company »

Argo Group International…

03/08/13
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03/06/13
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  • 11

    Jun

SJW

SJW Corp.

$61.56

0.3 (0.49%)

18:03
04/24/19
04/24
18:03
04/24/19
18:03
Earnings
SJW Corp. reports Q1 EPS 21c with items, consensus 14c »

Reports Q1 revenue 77.7M$…

03/08/13
Wedge Partners
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03/06/13
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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.