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QCOM

Qualcomm

$72.49

15.3 (26.75%)

18:02
04/16/19
04/16
18:02
04/16/19
18:02

Qualcomm upgraded to Buy from Hold at Stifel

  • 01

    May

QCOM Qualcomm
$72.49

15.3 (26.75%)

03/27/19
WELS
03/27/19
NO CHANGE
WELS
Market Perform
Wells Fargo sees Qualcomm action against Apple as further posturing for leverage
Wells Fargo analyst Aaron Rakers notes that shares of Apple (AAPL) were under pressure following the U.S. International Trade Commission issuing a final initial determination related to Qualcomm's (QCOM) patent claims against Apple. This is related to Apple's use of Intel (INTC) modems in some iPhone models, replacing Qualcomm, he notes. The analyst continues to view Qualcomm's actions against Apple as further posturing for leverage as it relates to the companies' separate license royalty dispute. Rakers would expect Apple to appeal the ruling. He reiterates a Market Perform rating on Apple's shares.
03/27/19
MSCO
03/27/19
NO CHANGE
MSCO
Morgan Stanley still unsure who will have upper hand in Qualcomm, Apple fight
Morgan Stanley analyst James Faucette called yesterday a "modestly good one" for Qualcomm (QCOM) in terms of its legal fight with Apple (AAPL), though he calls the final ruling on ITC case #1 for patent '490 "confusing." Also "somewhat confusingly," the ITC issued its preliminary findings in a separate case, which he calls case #2. That ruling was an "unequivocal positive" for Qualcomm, though its magnitude is uncertain. Following the mixed developments in the ITC cases, Faucette said he still doesn't know who will have the upper hand, though he expects these and other upcoming rulings will ultimately push Qualcomm and Apple to a reconciliation. However, unless there is strong demand for 5G phones during 2019, Apple may be willing to bide its time and not seek a full resolution during this year, Faucette concluded.
03/27/19
03/27/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Qualcomm (QCOM) initiated with a Neutral at JPMorgan. 2. Occidental Petroleum (OXY) initiated with a Perform at Oppenheimer. 3. Boeing (BA) resumed with a Buy at Citi. 4. Square (SQ) initiated with an Outperform at Macquarie. 5. Frontdoor (FTDR) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/04/19
ARGS
04/04/19
NO CHANGE
Target $85
ARGS
Buy
Qualcomm CFO exit immaterial, says Argus
Argus analyst Jim Kelleher is keeping his Buy rating and $85 price target on Qualcomm (QCOM), saying the latest announcement that its CFO George Davis is stepping down to join Intel (INTC) is immaterial and a "side show". The analyst sees the real "main event" risk with the company's upcoming trial this month in a dispute with Apple (AAPL), which has alleged that Qualcomm's licensing model is illegal. Kelleher contends however that Qualcomm's licensing model has "repeatedly been validated" and the company has "withstood multiple legal challenges over the past two decades".

TODAY'S FREE FLY STORIES

WST

West Pharmaceutical

$115.19

(0.00%)

06:07
04/25/19
04/25
06:07
04/25/19
06:07
Earnings
West Pharmaceutical raises FY19 adj. EPS view to $2.80-$2.90 from $2.77-$2.89 »

Consensus $2.86. Backs…

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IRM

Iron Mountain

$35.84

-0.025 (-0.07%)

06:07
04/25/19
04/25
06:07
04/25/19
06:07
Earnings
Breaking Earnings news story on Iron Mountain »

Iron Mountain sees FY19…

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BDRBF

Bombardier

$0.00

(0.00%)

06:07
04/25/19
04/25
06:07
04/25/19
06:07
Earnings
Bombardier cuts FY19 revenue view to about $17B, consensus $16.26B »

Consolidated revenue…

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NTB

Butterfield

$37.30

-0.18 (-0.48%)

06:07
04/25/19
04/25
06:07
04/25/19
06:07
Hot Stocks
Butterfield to acquire ABN AMRO Channel Islands for approximately $208M »

The Bank of N.T.…

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WST

West Pharmaceutical

$115.19

(0.00%)

06:06
04/25/19
04/25
06:06
04/25/19
06:06
Earnings
West Pharmaceutical reports Q1 adj. EPS 74c, consensus 65c »

Reports Q1 revenue…

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    Apr

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ENTG

Entegris

$40.85

0.18 (0.44%)

06:06
04/25/19
04/25
06:06
04/25/19
06:06
Earnings
Entegris sees Q2 non-GAAP EPS 40c-45c, consensus48c »

Sees Q2 revenue…

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    Apr

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WCN

Waste Connections

$89.28

0.01 (0.01%)

06:05
04/25/19
04/25
06:05
04/25/19
06:05
Upgrade
Waste Connections rating change  »

Waste Connections…

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BDRBF

Bombardier

$0.00

(0.00%)

06:05
04/25/19
04/25
06:05
04/25/19
06:05
Earnings
Bombardier sees Q1 revenue about $3.5B, consensus $4.76B »

Revenues for Q1 are…

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    May

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    Jun

IRM

Iron Mountain

$35.84

-0.025 (-0.07%)

06:05
04/25/19
04/25
06:05
04/25/19
06:05
Earnings
Iron Mountain reports Q1 adj. EPS 17c, consensus 24c »

Reports Q1 revenue…

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  • 25

    Apr

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ENTG

Entegris

$40.85

0.18 (0.44%)

06:04
04/25/19
04/25
06:04
04/25/19
06:04
Recommendations
Entegris analyst commentary  »

Entegris reports Q1…

03/08/13
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03/06/13
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03/06/13
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  • 25

    Apr

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  • 02

    May

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    May

PTEN

Patterson-UTI

$15.13

-0.71 (-4.48%)

06:04
04/25/19
04/25
06:04
04/25/19
06:04
Earnings
Patterson-UTI reports Q1 EPS (14c), consensus (21c) »

Reports Q1 revenue $704M,…

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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  • 25

    Apr

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    May

TER

Teradyne

$47.99

3.39 (7.60%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Upgrade
Teradyne rating change  »

Teradyne upgraded to…

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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  • 07

    May

  • 29

    May

VMI

Valmont

$132.99

1.845 (1.41%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Upgrade
Valmont rating change  »

Valmont upgraded to Buy…

03/08/13
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03/08/13
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03/06/13
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  • 30

    Apr

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    Jul

DHI

D.R. Horton

$46.67

0.275 (0.59%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Hot Stocks
D.R. Horton sees FY19 homes closed 55,000-56,000 »

Sees FY19: Effective tax…

03/08/13
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  • 25

    Apr

GRA

W.R. Grace

$75.21

-1.225 (-1.60%)

, FTI

TechnipFMC

$24.77

-0.66 (-2.60%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Hot Stocks
W.R. Grace and TechnipFMC collaborating in high yield cracking process »

W. R. Grace (GRA) has…

GRA

W.R. Grace

$75.21

-1.225 (-1.60%)

FTI

TechnipFMC

$24.77

-0.66 (-2.60%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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CUI

CUI Global

$1.17

-0.02 (-1.68%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Hot Stocks
CUI Global subsidiary secures GasPT orders from Samson »

CUI Global announced that…

03/08/13
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OXY

Occidental Petroleum

$62.00

-0.35 (-0.56%)

06:03
04/25/19
04/25
06:03
04/25/19
06:03
Downgrade
Occidental Petroleum rating change  »

Occidental Petroleum…

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  • 28

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DHI

D.R. Horton

$46.67

0.275 (0.59%)

06:02
04/25/19
04/25
06:02
04/25/19
06:02
Earnings
Breaking Earnings news story on D.R. Horton »

D.R. Horton sees FY19…

03/08/13
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  • 25

    Apr

DHI

D.R. Horton

$46.67

0.275 (0.59%)

06:01
04/25/19
04/25
06:01
04/25/19
06:01
Earnings
D.R. Horton reports Q2 EPS 93c, consensus 86c »

Reports Q2 revenue…

03/08/13
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  • 25

    Apr

MSFT

Microsoft

$125.00

-0.5 (-0.40%)

06:01
04/25/19
04/25
06:01
04/25/19
06:01
Recommendations
Microsoft analyst commentary  »

Microsoft price target…

03/08/13
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  • 28

    Apr

  • 03

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    Aug

GOOG

Alphabet

$1,255.22

-9.27 (-0.73%)

, GOOGL

Alphabet Class A

$1,260.07

-10.53 (-0.83%)

06:01
04/25/19
04/25
06:01
04/25/19
06:01
Hot Stocks
SoftBank subsidiary HAPSMobile invests $125M in Alphabet's Loon »

SoftBank Corp.'s…

GOOG

Alphabet

$1,255.22

-9.27 (-0.73%)

GOOGL

Alphabet Class A

$1,260.07

-10.53 (-0.83%)

SFTBF

SoftBank

$0.00

(0.00%)

AVAV

AeroVironment

$67.99

-0.74 (-1.08%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 28

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  • 14

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  • 05

    Jun

  • 27

    Oct

ALLE

Allegion

$95.50

-0.45 (-0.47%)

06:00
04/25/19
04/25
06:00
04/25/19
06:00
Earnings
Allegion backs FY19 adj. EPS $4.75-$4.90, consensus $4.86 »

Backs FY19 revenue growth…

03/08/13
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  • 25

    Apr

LTXB

LegacyTexas Financial

$38.05

-3.13 (-7.60%)

05:59
04/25/19
04/25
05:59
04/25/19
05:59
Upgrade
LegacyTexas Financial rating change  »

LegacyTexas upgraded to…

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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  • 20

    May

  • 20

    May

FB

Facebook

$182.64

-1.13 (-0.61%)

05:59
04/25/19
04/25
05:59
04/25/19
05:59
Recommendations
Facebook analyst commentary at Mizuho »

Facebook price target…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 28

    Apr

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  • 03

    Jun

AGR

Avangrid

$52.60

0.245 (0.47%)

05:59
04/25/19
04/25
05:59
04/25/19
05:59
Downgrade
Avangrid rating change  »

Avangrid downgraded to…

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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  • 25

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