Breaking News Instant updates and real-time market news.

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

Fly Intel: After Hours Movers

UP AFTER EARNINGS: Boston Beer (SAM) up 8.5%... AXT Inc (AXTI) up 8.4%... Fortune Brands (FBHS) up 8.2%... Brightcove (BCOV) up 8.1%... Facebook (FB) up 7.7%... ServiceNow (NOW) up 5.3%... Microsoft (MSFT) up 4.7%... Lam Research (LRCX) up 4.1%... Interface (TILE) up 3.5%... Churchill Downs (CHDN) up 3.1%... Knowles (KN) up 2.9%... Chipotle (CMG) up 0.3%... Tesla (TSLA) up 0.3%. DOWN AFTER EARNINGS: Xilinx (XLNX) down 9.0%... PTC (PTC) down 8.7%... Netgear (NTGR) down 7.3%... Spirit Airlines (SAVE) down 5.2%... O'Reilly Auto (ORLY) down 4.2%. ALSO LOWER: Martin Midstream (MMLP) dow 21.8% after cutting dividend announcing strategic initiatives. Movers as of 18:30ET.

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%)

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 25

    Apr

  • 25

    Apr

  • 25

    Apr

  • 25

    Apr

  • 25

    Apr

  • 28

    Apr

  • 01

    May

  • 05

    May

  • 07

    May

  • 07

    May

  • 07

    May

  • 13

    May

  • 14

    May

  • 14

    May

  • 16

    May

  • 21

    May

  • 21

    May

  • 23

    May

  • 28

    May

  • 29

    May

  • 30

    May

  • 03

    Jun

  • 03

    Jun

  • 08

    Jun

  • 10

    Jun

  • 12

    Jun

  • 23

    Jun

  • 06

    Aug

  • 13

    Nov

SAM Boston Beer
$276.71

-1.24 (-0.45%)

04/05/19
04/05/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Intel (INTC) downgraded to Market Perform from Outperform at Wells Fargo with analyst Aaron Rakers saying the shares, after rallying 19% year-to-date, reflect a more balanced risk/reward. 2. Boston Beer (SAM) downgraded to Sell from Neutral at Goldman Sachs with analyst Judy Hong saying she sees headwinds in 2019 as competition intensifies and the company is "unlikely to repeat its innovation success again this year." 3. Ford (F) downgraded to Reduce from Neutral at Nomura Instinet with analyst Anindya Das saying Ford's higher share of the U.K. auto market compared to the rest of Europe makes it more susceptible to Brexit risks. 4. Constellation Brands (STZ) downgraded to Hold from Buy at Deutsche Bank. 5. International Paper (IP) downgraded to Sector Perform from Outperform at RBC Capital with analyst Paul Quinn saying while International Paper is a "great company," investors have increased scrutiny on the containerboard market due to the "softening demand and fears of incremental capacity coming online" as year-to-date shipment growth slowed to 0.8% from 1.5% in 2018. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/05/19
GSCO
04/05/19
DOWNGRADE
Target $245
GSCO
Sell
Goldman downgrades Boston Beer to Sell, prefers Constellation Brands
Goldman Sachs analyst Judy Hong downgraded Boston Beer (SAM) to Sell from Neutral and lowered her 12-month price target for the shares to $245 from $270. The analyst sees headwinds in 2019 as competition intensifies and the company is "unlikely to repeat its innovation success again this year." She lowered her 2019 and 2020 depletions forecasts for Boston Beer primarily to reflect slower growth in Twisted Tea as well as the fading contribution from Rose Cider. Multiple compression as depletion growth slows in the coming months will drive downside to the stock, Hong tells investors in a research note. The analyst favors Constellation Brands (STZ) within her Alcoholic Beverage coverage.
04/04/19
GSCO
04/04/19
DOWNGRADE
GSCO
Sell
Boston Beer downgraded to Sell from Neutral at Goldman Sachs
02/21/19
02/21/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Canon (CAJ) upgraded to Neutral from Sell at Goldman Sachs with analyst Satoru Ogawa citing the company's cost cuts and less downside to his price target. 2. Boston Beer (SAM) upgraded to Neutral from Underperform at Macquarie with analyst Caroline Levy saying she forcasts the company's non-beer portfolio that includes Twisted Tea,Truly and Angry Orchard brands to help contribute to its double-digit revenue growth in 2019. 3. U.S. Steel (X) upgraded to Buy from Hold at Berenberg with analyst Paretosh Misra citing an increase in EBITDA estimates from higher pricing. 4. FARO Technologies upgraded to Buy from Hold at Gabelli with analyst Hendi Susanto citing an attractive valuation and positive view on the company's "growth execution and initiatives toward operating margin improvement in 2019." 5. Aaron's (AAN) upgraded to Buy from Neutral at Northcoast with analyst Tim Vierengel saying the Best Buy (BBY) partnership is a key point of growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
AXTI AXT Inc.
$4.74

0.09 (1.94%)

01/15/19
RILY
01/15/19
NO CHANGE
Target $6.25
RILY
Buy
AXT Inc. price target lowered to $6.25 from $8.50 at B. Riley FBR
B. Riley FBR analyst Dave Kang lowered his price target for AXT Inc. to $6.25 after the company reduced its Q4 outlook on the macro slowdown. The analyst, however, keeps a Buy rating on the shares.
12/27/18
BWSF
12/27/18
NO CHANGE
Target $10
BWSF
Buy
AXT priced as if all end users have stopped using wafers, says BWS Financial
BWS Financial analyst Hamed Khorsand said AXT Inc. shares have been pricing in the delay of 3D sensing for several quarters and now the stock is priced as though all end markets have stopped consuming wafers. The analyst, who notes that the stock is now trading below its tangible book value of $4.73 a share, keeps a Buy rating and $10 price target on AXT Inc.
FBHS Fortune Brands
$49.89

0.53 (1.07%)

04/11/19
LEHM
04/11/19
DOWNGRADE
Target $44
LEHM
Underweight
Barclays cuts Fortune Brands to Underweight on potential cabinet disruption
Barclays analyst Matthew Bouley downgraded Fortune Brands Home & Security to Underweight from Equal Weight and lowered his price target for the shares to $44 from $45. Cabinets generates 30% of Fortune Brands' operating income while "value" cabinetry is the highest margin business within the segment, Bouley tells investors in a research note. The analyst believes the latter is likely the area to directly compete with the Chinese. While the recent history of cabinets underperformance has been visible, the effects of Chinese import acceleration "can still drive a more meaningful disruption to growth and profitability," contends the analyst. Bouley examined the history of low-cost building product import disruption in the U.S. ahead of a potential trade resolution with China and concluded that most building products are "vulnerable to disruption over time."
04/11/19
LEHM
04/11/19
DOWNGRADE
Target $44
LEHM
Underweight
Fortune Brands downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Matthew Bouley downgraded Fortune Brands Home & Security to Underweight from Equal Weight and lowered his price target for the shares to $44 from $45.
02/01/19
LOOP
02/01/19
NO CHANGE
Target $44
LOOP
Hold
Fortune Brands price target raised to $44 from $40 at Loop Capital
Loop Capital analyst Laura Champine raised her price target on Fortune Brands to $44 after its Q4 results , updating her model to reflect revenue growth expectation of 4% in 2019 vs. 3% prior but below the company's guidance of 6.0%-7.5%. The analyst also keeps her Hold rating, noting that while the management anticipates a "meaningful demand improvement", she sees no fundamental basis for that change, stating that the company's guidance for FY19 is likely to be too aggressive.
02/06/19
LOOP
02/06/19
NO CHANGE
Target $46
LOOP
Hold
Fortune Brands price target raised to $46 from $44 at Loop Capital
Loop Capital analyst Laura Champine raised her price target on Fortune Brands to $46 after the company's first-ever analyst day to reflect her updated FY21 estimates but also contends that the stock is fairly priced and keeps her Hold rating. The analyst notes that she is not comfortable with the company's expectation that the repair and remodeling market will rebound in the second half of 2019 and then accelerate through 2021. Champine contends that there is some contradiction in the management's underlying assumptions that call for "moderating home prices driving better growth and softening new home construction freeing up labor for remodeling".
BCOV Brightcove
$8.72

0.12 (1.40%)

12/11/18
RILY
12/11/18
UPGRADE
Target $12
RILY
Buy
B. Riley FBR upgrades Brightcove to Buy, boosts target to $12 from $7
B. Riley FBR analyst Sameet Sinha upgraded Brightcove to Buy from Neutral and raised his price target for the shares to $12 from $7. The company's restructuring and strategy overhaul position it for double digit revenue growth, in line with the newly identified $1.6B video total addressable market, Sinha tells investors in a research note. Further, he believes Brightcove's competitive environment is easing as competition appears to be focusing on adjacent markets and customers.
12/11/18
RILY
12/11/18
UPGRADE
Target $12
RILY
Buy
Brightcove upgraded to Buy from Neutral at B. Riley FBR
B. Riley FBR analyst Sameet Sinha upgraded Brightcove to Buy and raised his price target for the shares to $12 from $7.
FB Facebook
$182.64

-1.13 (-0.61%)

04/22/19
BARD
04/22/19
NO CHANGE
Target $195
BARD
Outperform
Facebook to report in-line to better-than-expected Q1, says Baird
Baird analyst Colin Sebastian expects Facebook to report in-line to better-than-expected Q1 results this week on the back of healthy advertiser demand. Sebastian tells investors in a research note that his firm's checks continue to suggest positive trends for the Facebook ecosystem, adding that Instagram is "particularly strong," despite headline concerns over platform privacy and safety. Management continues to highlight the growing contribution from new channels/formats while Messenger remains an area of increased focus, potentially a highlight at the upcoming F8 conference next week, he says. He maintains an Outperform rating and $195 price target.
04/22/19
CLVD
04/22/19
NO CHANGE
CLVD
Buy
Facebook 2019 estimates raised at Cleveland Research
Cleveland Research analyst Chandler Converse said his checks point to Q1 revenue for Facebook in-line with management's guidance for a mid-single digit deceleration in growth, but he also noted that advertisers seem incrementally more optimistic on the adoption of Stories ads. Additionally, partners appeared to slow plans to diversify budgets away from Facebook in the near-term given better ROI trends, said the analyst, who raised his 2019 estimates and keeps a Buy rating on the stock.
04/24/19
OPCO
04/24/19
NO CHANGE
Target $44
OPCO
Outperform
Twitter price target raised to $44 from $33 at Oppenheimer
Oppenheimer analyst Jason Helfstein raised his price target for Twitter (TWTR) to $44 from $33 as platform improvements are driving mDAUs and monetization remains strong. The analyst notes that the company's machine learning initiatives have been proactive, flagging 38% of abusive Tweets before being seen. In general, the company has navigated public policy issues better than peers Alphabet (GOOG) and Facebook (FB), he contends. Helfstein reiterates an Outperform rating on Twitter's shares.
04/23/19
FBCO
04/23/19
NO CHANGE
Target $211
FBCO
Outperform
Signs of potential value creation from Facebook new products, says Credit Suisse
Credit Suisse analyst Stephen Ju continues to anticipate the real clearing data point for Facebook shares will arrive on the Q3 report, in which he expects the OpEx/CapEx outlook to signal a return to growth for free cash flow. In the meantime, ahead of Q1 results, his checks continue to suggest minimal deceleration for U.S. budgets coupled with modest headwinds in Europe. Ju also believes there are "greater signs" of potential value creation from new products. The analyst reiterates an Outperform rating on the shares, while raising his price target on the stock to $211 from $210, as he believes Facebook will be able to drive long-term revenue growth without a material lift in ad loads with, the Street models continue to underestimate the long-term monetization potential of other billion-user properties like Messenger and WhatsApp, and free cash flow growth recovery for 2020.
NOW ServiceNow
$242.41

-1.085 (-0.45%)

04/18/19
PIPR
04/18/19
NO CHANGE
Target $260
PIPR
Overweight
ServiceNow price target raised to $260 from $230 at Piper Jaffray
Piper Jaffray analyst Alex Zukin raised his price target for Overweight-rated ServiceNow (NOW) to $260 from $230, for Overweight-rated Zendesk (ZEN) to $100 from $91 and for Neutral-rated LogMeln (LOGM) to $84 from $80. The analyst believes all three companies delivered "solid" results in Q1 and her new targets reflect higher peer group multiples. Zukin's Q1 checks came back "strong" for ServiceNow and "solid" for Zendesk.
04/23/19
NEED
04/23/19
NO CHANGE
Target $267
NEED
Buy
ServiceNow price target raised to $267 from $243 at Needham
Needham analyst Jack Andrews raised his price target on ServiceNow to $267 and kept his Buy rating ahead of its Q1 results tomorrow, saying the company should be able to post a "strong quarter". The analyst cites the recent customer survey findings which suggest that "expansion opportunity remains robust" and its platform is "under-penetrated within business units outside of IT." Andrews adds that his channel checks signal "continued momentum" in ServiceNow's federal business, stating that his new price target on the stock reflects the company's "large expansion opportunity".
03/20/19
DBAB
03/20/19
NO CHANGE
Target $270
DBAB
Buy
ServiceNow price target raised to $270 from $230 at Deutsche Bank
Deutsche Bank analyst Karl Keirstead raised his price target for ServiceNow to $270 from $230 saying the early Q4 launch of the new ITSM Pro edition at a 50% list price premium "could be a material growth catalyst." The analyst reaffirms a Buy rating on the shares.
03/14/19
MZHO
03/14/19
INITIATION
Target $265
MZHO
Buy
Mizuho starts ServiceNow with Buy rating, $265 price target
Mizuho analyst Gregg Moskowitz last night initiated coverage of ServiceNow with a Buy rating and $265 price target. The company is "very well-positioned" to partner with large enterprises in their digital transformations, Moskowitz tells investors in a research note. He sees "continued high growth for the foreseeable future" aided by high demand for workflow automation, strong cross-sell opportunities, and entry into new markets.
MSFT Microsoft
$125.00

-0.5 (-0.40%)

04/17/19
KEYB
04/17/19
NO CHANGE
Target $141
KEYB
Overweight
Microsoft price target raised to $141 from $125 at KeyBanc
KeyBanc analyst Brent Bracelin raised his price target for Microsoft to $141 from $125 on increasing confidence in the company's cloud and digital strategy. The analyst sees the March quarter as another positive milestone and part of a broader multi-year cloud and digital journey that has structurally improved the business model drivers and prospects of sustaining double-digit annual growth. O365 subscription ARR could top $20B for the first time, while Azure could top $12B, he contends, adding that robust commercial cloud growth of 43% could push the cloud mix to 33% versus 5% in FY15. Bracelin reiterates an Overweight rating on the shares.
04/22/19
STFL
04/22/19
NO CHANGE
Target $130
STFL
Buy
Microsoft price target raised to $130 ahead of Q3 earnings at Stifel
Stifel analyst Brad Reback raised his price target on Microsoft shares to $130 from $120 ahead of the company's Q3 report on Wednesday, stating that he expects upside to his in-line estimates given the constructive IT spending environment, expectations for commercial Office 365 gains in selling price and units, strength in Azure and gaming and "less bad" IDC shipment data. Reback maintains a Buy rating on Microsoft ahead of the report on April 24.
04/18/19
WEDB
04/18/19
NO CHANGE
Target $150
WEDB
Outperform
Microsoft price target raised to $150 from $140 at Wedbush
Wedbush analyst Daniel Ives raised his price target for Microsoft to $150 from $140 ahead of quarterly results. The analyst expects the company to post a "solid beat" across the board on both the top and bottom line as cloud strength on Azure and Office 365 continues to be the fuel in the tank with strong field checks indicating Microsoft could beat commercial cloud expectations by about 3%-4%. Ives believes the shift to cloud is a major secular trend and key tailwind that is significantly benefiting Microsoft in the field and should continue its momentum heading into the second half of 2019/2020 based on his checks showing an inflection point of demand is abound. He reiterates an Outperform rating on the shares.
04/18/19
MSCO
04/18/19
NO CHANGE
MSCO
Overweight
Morgan Stanley prefers Seagate over Western Digital as cloud capex recovery play
Morgan Stanley analyst Katy Huberty said her industry conversations have increased her confidence in a cloud recovery in the second half. Her checks suggest orders from Microsoft (MSFT) will restart in Q2 and rise to above trend levels in Q3 while orders from Amazon (AMZN), Google (GOOGL), Facebook (FB) and Apple (AAPL) are expected to return in Q3. Given this context, Huberty said she prefers Seagate (STX) over Western Digital (WDC) as a play on a cloud capital expenditure recovery, noting that inventory levels position hard disk drives to benefit before NAND, that HDD pricing is structurally better positioned than NAND and her view that Seagate has a better HDD product portfolio to meet cloud demand in the second half of 2019 and first half of 2020. Huberty has an Overweight rating on Seagate and the firm has an Equal Weight rating on Western Digital, which is covered by analyst Joseph Moore.
LRCX Lam Research
$195.40

0.56 (0.29%)

04/23/19
NEED
04/23/19
NO CHANGE
Target $215
NEED
Buy
Lam Research, Applied Materials price targets raised at Needham
Needham analyst N. Quinn Bolton raised his price target on Buy-rated Lam Research (LRCX) to $215 from $180 and Applied Materials (AMAT) to $52 from $45 as part of his broader industry research note on semiconductor names. The analyst states that while the WFE trough is likely to be prolonged with capital expenditures falling by 19% in 2019, he sees investors "largely looking past near-term results with an eye towards a spending recovery in 2020 and beyond." Bolton recommends that investors use any near-term earnings-driven weakness in Lam Research and Applied Materials as a buying opportunity.
04/22/19
04/22/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. IPG Photonics (IPGP) upgraded to Buy from Neutral at BofA/Merrill. 2. Caleres (CAL) upgraded to Buy from Hold at Needham with analyst Rick Patel saying that his recent meeting with its CEO and CFO have given him an added confidence about the FY19 EPS guidance being "achievable and likely beatable." 3. Viavi (VIAV) upgraded to Neutral from Underweight at JPMorgan with analyst Samik Chatterjee saying the "buildup of industry tailwinds" in the form of 5G network deployments as well as fiber densification and adoption of 3D Sensing should drive medium-term growth above expectations. 4. Alcoa (AA) upgraded to Buy from Hold at Gabelli. 5. Lam Research (LRCX) upgraded to Buy from Neutral at B. Riley FBR with analyst Craig Ellis saying he sees "increasingly visible recent signs" of a cyclical trough in Q1. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/22/19
RILY
04/22/19
UPGRADE
Target $235
RILY
Buy
B. Riley FBR upgrades Lam Research to Buy on signs of cyclical trough
B. Riley FBR analyst Craig Ellis upgraded Lam Research to Buy from Neutral and raised his price target for the shares to $235 from $170. The analyst sees "increasingly visible recent signs" of a cyclical trough in Q1. Further, his analysis shows a "strong" NAND wafer start rebound is likely in 2020 after 2019's year-over-year drop. In addition, Lam's $5B share buyback could bring upside to consensus estimates, Ellis tells investors in a research note. He projects in-line fiscal Q3 estimates from Lam and sees only moderate estimate risk for Q4.
04/23/19
RBCM
04/23/19
NO CHANGE
Target $220
RBCM
Outperform
Lam Research price target raised to $220 from $190 at RBC Capital
RBC Capital analyst Mitch Steves raised his price target on Lam Research to $220 and kept his Outperform rating ahead of its Q3 earnings, saying that while the near-term results may be a "tad light" given the latest Micron (MU) print and guide, investors will likely focus on the commentary around second-half of 2019 demand trends. The analyst believes that a below-consensus Q3 earnings print may not move the stock lower "materially" if the management conveys expectations of a second-half improvement or if Lam Research guides Q4 EPS above $3.25 per share.
TILE Interface
$17.11

0.22 (1.30%)

08/14/18
08/14/18
UPGRADE
Target $30

Buy
Interface upgraded to Buy on valuation and earnings power at Longbow
As previously reported, Longbow upgraded Interface to Buy from Neutral and established a $30 price target. Analyst David MacGregor views Interface valuation as attractive given strong organic order momentum combined with the recently closed accretive Nora acquisition. The analyst expects improving gross margin trends to continue in 2H 2018 and 2019 and said its differentiated LVT offering provides insulation from tariff/supply concerns.
08/14/18
LBOW
08/14/18
UPGRADE
LBOW
Buy
Interface upgraded to Buy from Neutral at Longbow
CHDN Churchill Downs
$92.16

2.66 (2.97%)

03/28/19
JEFF
03/28/19
NO CHANGE
Target $106
JEFF
Buy
Churchill Downs recent weakness a buying opportunity, says Jefferies
Jefferies analyst David Katz views the recent weakness in shares of Churchill Downs as a buying opportunity. He says his investor meetings with senior management, coupled with the recent closure of the Rivers Casino deal and associated financing, all support his view that the growth should continue for the company. Management continues to make "sound" capital decisions that drive continued growth, which warrants a premium valuation to the group, Katz tells investors in a research note. He lowered his price target for Churchill Downs to $106 from $107 and keeps a Buy rating on the shares.
05/14/18
JEFF
05/14/18
NO CHANGE
JEFF
Jefferies says Penn National, Caesars among winners from sports gaming ruling
After the Supreme Court ruled that the PASPA provision prohibiting state authorization of organized sports gambling violates the tenth amendment, Jefferies analyst David Katz reiterated his view on which companies are positioned to be key beneficiaries of the decision. He continues to identify Penn National (PENN) and Caesars (CSR) as among the top winners in terms of casino operators, followed by Eldorado Resorts (ERI), Churchill Downs (CHDN), Boyd Gaming (BYD), Monarch Casino (MCRI), and MGM Resorts (MGM). He also sees "location-agnostic" suppliers Scientific Games (SGMS) and International Game (IGT) as winners, Katz tells investors.
09/20/18
JEFF
09/20/18
NO CHANGE
Target $325
JEFF
Hold
Churchill Downs price target raised to $325 from $317 at Jefferies
Jefferies analyst David Katz raised his price target for Churchill Downs to $325 saying the company is "one of the most overlooked names in the sector." Recent investor meetings support an incrementally more positive view of the "myriad" growth avenues available to Churchill Downs, although some are hard to model in the near term, such as sports betting and iGaming, Katz tells investors in a research note titled "A Steady Hand & Watchful Eye." Nonetheless, the analyst believes the company's "continued" steady growth, "prudent" capital deployment and future opportunities are approximately priced into the "present premium valuation relative to the group." As such, he keeps a Hold rating on Churchill Downs.
01/11/19
JEFF
01/11/19
UPGRADE
Target $306
JEFF
Buy
Churchill Downs upgraded to Buy from Hold at Jefferies
Jefferies analyst David Katz upgraded Churchill Downs to Buy and raised his price target for the shares to $306 from $284. The analyst sees a "compelling entry point" following the recent weakness the shares. Churchill offers a "strong" operating model, "top tier" balance sheet and near-term growth catalysts that are not included in consensus estimates, Katz tells investors in a research note.
KN Knowles
$18.48

0.05 (0.27%)

04/02/19
JPMS
04/02/19
NO CHANGE
Target $15
JPMS
Underweight
Knowles shares fully valued at current levels, says JPMorgan
JPMorgan analyst Bill Peterson believes the losses for Knowles' Intelligent Audio, as described in the letter by two activists, appear to be overstated. Further, the losses are on track to significantly narrow this year with the potential for Intelligent Audio to achieve operating breakeven next year, Peterson tells investors in a research note. Regarding Precision Devices, the analyst agrees the segment has negligible synergies with the core Audio. However, should Knowles divest the segment, its earnings power would likely be reduced by 20%-25% in the near term, he adds. Peterson finds shares of Knowles fully valued and keeps an Underweight rating on the name with a $15 price target.
03/04/19
SUSQ
03/04/19
NO CHANGE
SUSQ
Positive
Cirrus Logic, Qualcomm winners in S10 teardown, Knowles loser, says Susquehanna
Susquehanna analyst Christopher Rolland disassembled the Korean version of Samsung's (SSNLF) Galaxy S10 and he found Cirrus Logic (CRUS) won the new amplifier sockets as well as maintaining their codec in the Exynos version. The analyst found Qualcomm (QCOM) has won the under-glass fingerprint sensor, apparently for all designs, not just those using a Qualcomm AP. He said this is a new source of revenue for Qualcomm. He noted the big loser was Knowles (KN) because traditionally Samsung used microphone MEMS from Knowles but in the GS10 not one but two microphones are supplied by GoerTek.
02/08/19
LSCM
02/08/19
DOWNGRADE
Target $17
LSCM
Hold
Knowles downgraded to Hold from Buy at Lake Street
Lake Street analyst Jaeson Schmidt downgraded Knowles to Hold with an unchanged price target of $17. While the company can be the dominant player in the market and think its share at Apple is set to remain stable in the future, increasing uncertainty on the health of the global smartphone market could create headwinds to the stock's multiple, Schmidt tells investors in a research note. He sees "limited room for meaningful multiple expansion" following Knowles' Q4 results.
02/08/19
02/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fiat Chrysler (FCAU) downgraded to Equal Weight from Overweight at Barclays with analyst Brian Johnson saying he is surprised by the "NAFTA earnings plateau" and views the company's 2020 targets as aggressive. 2. Kellogg (K) downgraded to Hold from Buy at Pivotal Research with analyst Timothy Ramey saying the company's adjusted earnings in Q4 disappointed and it "celebrated 0% organic top line growth for the year citing the heavy lift of reversing the negative trajectory." 3. NXP Semiconductors (NXPI) downgraded to Neutral from Buy at Mizuho with analyst Vijay Rakesh saying with the stock up 40% from the December lows, high China auto inventory and Europe's Worldwide Harmonised Light Vehicle Test Procedure "could present challenges and limit upside." 4. Synaptics (SYNA) downgraded to Neutral from Overweight at JPMorgan with analyst Paul Coster saying the company reported "solid" fiscal Q2 results, driven by further improvement in gross margins, but issued "slightly disappointing" Q3 guidance owing to soft demand in the handset market. 5. Knowles (KN) downgraded to Hold from Buy at Lake Street with analyst Jaeson Schmidt saying while the company can be the dominant player in the market and think its share at Apple (AAPL) is set to remain stable in the future, increasing uncertainty on the health of the global smartphone market could create headwinds to the stock's multiple. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
CMG Chipotle
$710.00

7.61 (1.08%)

04/17/19
MAXM
04/17/19
NO CHANGE
Target $620
MAXM
Hold
Chipotle price target raised to $620 from $540 at Maxim
Maxim analyst Stephen Anderson raised his price target on Chipotle to $620 but kept his Hold rating, saying that while Q1 results should highlight the success of "Chipotle 2.0", the valuation on the stock looks "stretched" after an 85% gain in price since the December low. The analyst also raises his FY20 EPS view by 31c to $17.61 on higher comps and new unit projections, even though he lowers his FY19 outlook by 13c to $12.97 due to higher costs.
04/17/19
MSCO
04/17/19
DOWNGRADE
Target $658
MSCO
Equal Weight
Chipotle downgraded to Equal Weight following run-up at Morgan Stanley
As previously reported, Morgan Stanley analyst John Glass downgraded Chipotle to Equal Weight from Overweight, noting that the stock has advanced 65% year-to-date and more than doubled over the past year. While he remains constructive on Chipotle's fundamentals, Glass sees less upside as the current valuation already discounts much of the expected improvement from the company's sales driving initiatives. Given the evidence he sees that its initiatives, especially in digital, delivery and loyalty, are gaining significant traction, Glass raised his price target on Chipotle shares to $658 from $617.
04/18/19
COWN
04/18/19
NO CHANGE
Target $640
COWN
Market Perform
Chipotle price target raised to $640 from $575 at Cowen
Cowen analyst Andrew M. Charles raised his price target on Chipotle to $640 from $575 as he increased his Q1 comp sales growth forecast to 8.5% from 6.5%. While he expects Q1 results to "live up to high expectations" and sees the potential for the company to raise 2019 comp guidance, he keeps a Market Perform rating on Chipotle shares.
04/18/19
CLVD
04/18/19
UPGRADE
CLVD
Buy
Chipotle upgraded to Buy from Neutral at Cleveland Research
TSLA Tesla
$258.70

-5.15 (-1.95%)

04/23/19
PIPR
04/23/19
NO CHANGE
PIPR
Piper sees U.S. ride-hailing market reaching $500B per year by 2040
Piper Jaffray expects the U.S. ride-hailing market will achieve annual revenue of $500B per year by 2040, analysts led by Alexander Potter tell investors in a research note. The firm, which utilized baseline data from the National Household Travel Survey, expects ride-hailing growth to continue, with around one-third of urban trips relying on shared third-party vehicles in 2040. This compares to a baseline of only 1.4% in 2017, and equates to a 20-year annual growth rate of ~14%, the analysts contend. Of the stocks with exposure to this trend, Piper prefers Lyft (LYFT), General Motors (GM) and NXP Semiconductors (NXPI). Other covered companies also warrant mention, including Apple (AAPL), Amazon.com (AMZN), Aptiv (APTV), Ford (F), Nvidia (NVDA), and Tesla (TSLA), says Piper.
04/23/19
ADAM
04/23/19
NO CHANGE
Target $391
ADAM
Buy
Tesla still the 'clear leader' in EVs, says Canaccord
Canaccord analyst Jed Dorsheimer reiterated a Buy rating and $391 price target on Tesla following the company's "Autonomy Day" presentation. In a research note to investors, Dorsheimer said he continues to see Tesla as the "clear leader" in EVs, and if anything remotely close to the timeline for Level 5 capabilities that the company has laid out occurs, the formidable lead that the company has in autonomy will result in "meaningful" market share gains. He also feels that the recent shareholder friendly Board member reduction to 7 from 11 that removed several of CEO Elon Musk's close allies should create a more balanced corporate governance going forward.
04/23/19
COWN
04/23/19
NO CHANGE
Target $160
COWN
Underperform
Tesla price target lowered to $160 from $170 at Cowen
Cowen analyst Jeffrey Osborne maintained an Underperform rating on Tesla (TSLA) and lowered his price target to $160 from $170 following the company's "Autonomy Day" event, saying he sees a significant amount of technology and execution risk in the shift in strategy from competing in just electrification to also beating Nvidia (NVDA) in hardware, Google (GOOGL) in software, and building a better ride-hailing service than current leaders in the sector.
04/23/19
ROTH
04/23/19
NO CHANGE
ROTH
Roth Capital sees Tesla's Autonomous Investor Day as 'underwhelming' 'flub'
Roth Capital analyst Craig Irwin said that Tesla's Autonomous Investor Day was "underwhelming," a "flub" that did not convince investors that Tesla has a technology lead, where Tesla made "bold claims that were largely missing the substance that drives credibility." He believes management missed the shift in investor focus to "units, margins, and profits, away from the Tesla's past dynamic as a story stock." The analyst maintained a Neutral rating and $240 price target on Tesla shares.
XLNX Xilinx
$139.79

2.66 (1.94%)

04/03/19
04/03/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GrubHub (GRUB) initiated with a Buy at BTIG. 2. AMD (AMD) and Intel (INTC) initiated with a Buy at Nomura Instinet, while Nvidia (NVDA) and Xilinx (XLNX) were initiated with a Neutral. 3. Futu (FHL) initiated with a Neutral at Goldman Sachs. 4. Square (SQ) initiated with a Market Perform at Bernstein. 5. DowDuPont (DWDP) and Dow Inc. (DOW) initiated with a Buy at UBS. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/17/19
DBAB
04/17/19
NO CHANGE
Target $125
DBAB
Buy
Xilinx price target raised to $125 from $90 at Deutsche Bank
Deutsche Bank analyst Ross Seymore raised his price target for Xilinx to $125 from $90 ahead of the company's fiscal Q4 results on April 24. The analyst keeps a Buy rating on the shares. He expects "another solid" beat and raise quarter.
04/17/19
SBSH
04/17/19
NO CHANGE
Target $115
SBSH
Neutral
Citi opens 'positive catalyst watch' on Neutral-rated Xilinx
Citi analyst Christopher Danely opened a "positive catalyst watch" on Xilinx as he believes a "beat and raise" quarter and increased long-term targets at the May analyst day will drive the stock higher. The analyst also notes that short interest has increased on the stock. Xilinx's high exposure to the communications end market driven by the ramp in 5G spending should drive upside to Q1 estimates, Danely tells investors in a research note. He maintains a Neutral rating on the shares with a $115 price target due to valuation.
04/22/19
MSCO
04/22/19
NO CHANGE
Target $137
MSCO
Overweight
Xilinx price target raised to $137 from $101 at Morgan Stanley
Morgan Stanley analyst Joseph Moore said Xilinx stands to benefit as wireless carriers prepare to introduce 5G service in the second half of 2019 and 2020, stating that the overall FPGA total available market is expanding substantially for 5G vs. LTE because of the need to build out newly integrated massive MIMO, or "mMIMO," antenna systems. Additionally, his checks show Xilinx has much higher market share in 5G vs. LTE, Moore noted. Stating that he does not think that 5G is the primary reason to own Xilinx, Moore added that he doesn't think that it is peaking either. He raised his price target on Xilinx shares to $137 from $101 and keeps an Overweight rating on the stock.
PTC PTC
$101.94

1.12 (1.11%)

04/11/19
04/11/19
INITIATION
Target $120

Buy
PTC initiated with a Buy at Mizuho
As previously reported, Mizuho analyst Matthew Broome initiated PTC with a Buy rating and a price target of $120. The analyst sees the company's ThingWorx Industrial Internet of Things platform accelerating through new partnerships, and the value of its Vuforia augmented reality offering also "becoming increasingly clear." Broome adds that PTC has "re-energized its legacy Creo computer-aided design business" and anticipates its subscription-based revenue model transition to be highlighted in the coming years.
04/10/19
KEYB
04/10/19
INITIATION
Target $111
KEYB
Overweight
PTC resumed with an Overweight at KeyBanc
KeyBanc analyst Jason Celino resumed coverage of PTC (PTC) with an Overweight rating and a $111 price target. The analyst believes the company has several upside drivers to watch, and continues to benefit from model transition tailwinds. His resellers checks add confidence that Rockwell (ROK) and Ansys (ANSS) partnerships present catalysts for IoT growth and the core business, which could be beginning to ramp.
02/25/19
FBCO
02/25/19
NO CHANGE
Target $47
FBCO
Neutral
Roche may spark another bull run for gene therapy names, says Credit Suisse
Credit Suisse analyst Martin Auster notes that the Wall Street Journal recently reported that Roche (RHHBY) is nearing a deal with Spark Therapeutics (ONCE) for $5B. The analyst believes the transaction value implies the re-emergence of Spark's hemophilia A gene therapy program with a competitive profile and substantial value assigned to additional pipeline programs, such as SPK-3006 for Pompe, and the technology platform. Spark's acquisition would further strengthen the company's position in the hemophilia space, he contends. Further, Auster argues that the deal may increase M&A interest among other gene therapy names in his coverage universe, which include BioMarin (BMRN), Sarepta (SRPT), Ultragenyx (RARE), PTC (PTC) and Solid Biosciences (SLDB). He sees particularly strong read-through to Sarepta. The analyst reiterates a Neutral rating and a $47 price target on Spark's shares.
04/11/19
MZHO
04/11/19
INITIATION
Target $120
MZHO
Buy
PTC initiated with a Buy at Mizuho
Mizuho analyst Matthew Boome initiated PTC with a Buy and $120 price target.
NTGR Netgear
$35.03

-0.18 (-0.51%)

09/05/18
RAJA
09/05/18
INITIATION
Target $80
RAJA
Outperform
Netgear resumed with an Outperform at Raymond James
Raymond James analyst Adam Tindle resumed coverage on Netgear with an Outperform and $80 price target citing the company's strong market position, improving operating efficiencies following the Arlo split, margin expansion, and growing cash flow.
08/03/18
08/03/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. ALLERGAN UPGRADED TO BUY: Mizuho analyst Irina Koffler upgraded Allergan (AGN) to Buy from Neutral and raised her price target for the shares to $210 from $194. The analyst views Allergan's risk/reward more favorably following the company's "strong" beat and raise quarter and the delayed introduction of Restasis generics. Allergan is up 1.2% in late morning trading. NEEDHAM UPS TRIPADVISOR TO HOLD: Needham analyst Laura Martin upgraded TripAdvisor (TRIP) to Hold from Underperform, saying that while the company's pivot to competing as an online travel agent has failed, its focus to grow its non-hotel businesses is a "higher ROI idea". FLOOR & DECOR DOWNGRADED AT JPMORGAN, PIPER: JPMorgan analyst Christopher Horvers downgraded Floor & Decor (FND) to Neutral from Overweight and lowered his price target for the shares to $45 from $59. The "story shift" taking place is likely to keep the shares in "purgatory," Horvers said following the company's Q2 results. Piper Jaffray analyst Peter Keith also downgraded Floor & Decor to Neutral and lowered his price target for the shares to $39 from $58. The analyst admitted his June upgrade of the stock was wrong following Floor & Decor's Q2 miss and guide down. Floor & Decor is down 6.4% in late morning trading. LUNA CUT TO MARKET PERFORM AT NORTHLAND: Northland analyst Tim Savageaux downgraded Luna Innovations (LUNA) to Market Perform from Outperform as he sees the shares reflecting the value of the "well executed" sale of the Opto Solutions unit at current levels. CANACCORD INITIATES TESLA WITH A HOLD: Canaccord analyst Jed Dorsheimer initiated Tesla (TSLA) with a Hold rating as he sees several risks around the company's financing, cash burn, and general maturity in the industry. Catalysts that could de-risk the shares include shifts in corporate governance, consistent production, and "a CEO who is not working 120 hours per week to hold things together," said Dorsheimer, who set a $336 price target on Tesla shares. BWS SAYS ARLO IPO ESTABLISHES VALUATION CASE FOR NETGEAR: BWS Financial analyst Hamed Khorsand said the pricing of Arlo Technologies' (ARLO) IPO establishes a valuation case for Netgear (NTGR). The analyst believes the IPO pricing gives some context to what Netgear's stake is worth and affirms his sum-of-parts reasoning for owning Netgear shares. He kept a Buy rating on the stock with a $64.50 price target.
08/03/18
BWSF
08/03/18
NO CHANGE
Target $64.5
BWSF
Strong Buy
Arlo IPO price establishes valuation case for Netgear, says BWS Financial
BWS Financial analyst Hamed Khorsand says the pricing of Arlo Technologies' (ARLO) initial public offering establishes a valuation case for Netgear (NTGR). The analyst believes the IPO pricing gives some context to what Netgear's stake is worth and affirms his sum-of-parts reasoning for owning the shares. Spinning off Arlo is a value creating event, but Netgear's stock continues to trade at a discount, Khorsand tells investors in a research note. He keeps a Buy rating on the stock with a $64.50 price target.
02/14/19
BWSF
02/14/19
NO CHANGE
Target $65
BWSF
Buy
Netgear reaction to Amazon news presents buying opportunity, says BWS Financial
BWS Financial analyst Hamed Khorsand said he does not believe Amazon (AMZN) is going to try to enter the home router business with its newly acquired Eero brand, adding that Netgear (NTGR) has been able to leapfrog Eero in mesh networking for more than a year. Khorsand, who continues to sees 2019 as "a breakout year" for Netgear, keeps a Buy rating and $65 price target on the shares and contends that the weakness on the Amazon news presents a buying opportunity.
SAVE Spirit Airlines
$58.30

0.82 (1.43%)

04/02/19
SPHN
04/02/19
NO CHANGE
Target $63
SPHN
Overweight
Airlines needed some good news, and Delta delivered, says Stephens
With investor sentiment on the airline space negative, the group was in need of some good news and Delta Air Lines delivered a positive surprise this morning, Stephens analyst Jack Atkins tells investors in a research note. The airline pointed Q1 RASM growth to the upper-end of its initial guidance range, lowered its Q1 CASM excluding fuel expectation and raised its Q1 earnings guidance range, says the analyst. Atkins finds it encouraging that Delta noted underlying passenger demand remains solid and that the business market led the way during the quarter. Further, the company announced an extension of its credit card partnership with American Express (AXP), which is expected to double the revenue contribution to $7B by 2023 versus 2018 levels, he notes. Atkins reiterates an Overweight rating on Delta with a $63 price target. The stock in midday trading is up 7% to $55.64. Other names in the airline space include Alaska Air (ALK), American Airlines (AAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Continental (UAL).
03/11/19
03/11/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Buy from Neutral at BofA/Merrill with analyst Wamsi Mohan saying he now sees "stability" of supply chain order cuts and a "large reversal of inventory overhang" in iPhones. He believes negative consensus estimates revisions for fiscal 2020 and 2021 have overshot to the downside and that the valuation, excluding Apple's cash position, is attractive. The analyst also raised his price target for the shares to $210 from $180. 2. Facebook (FB) upgraded to Buy from Neutral at Nomura Instinet with analyst Mark Kelley saying Facebook's transition to Stories appears to be occurring more quickly than we expected. 3. FireEye (FEYE) upgraded to Overweight from Neutral at JPMorgan with analyst Sterling Auty saying the stock's year-to-date performance has been 23% below the group's coverage, and the stock is now trading at 3.7 times estimated fiscal 2019 revenue estimates. 4. Spirit Airlines (SAVE) upgraded to Overweight from Equal Weight at Barclays with analyst Brandon Oglenski raising his price target for the shares to $70 from $65. 5. AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill with analyst Elizabeth Suzuki saying she does not think that the rally for auto parts stocks is over and she believes that AutoZone's valuation discount to the group should narrow as it grows its commercial business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/11/19
LEHM
03/11/19
NO CHANGE
LEHM
Barclays upgrades Spirit to Overweight and names Top Pick, downgrades JetBlue
Barclays analyst Brandon Oglenski upgraded Spirit Airlines (SAVE) to Overweight from Equal Weight while downgrading JetBlue Airways (JBLU) to Equal Weight from Overweight. The analyst says that in a sector "besieged by seemingly permanent negative sentiment," he seeks airline managements "driving agendas and delivering tangible results." Improvements in network reliability, traction on revenue management initiatives, dynamic pricing of ancillary products and prime growth opportunities in the U.S. market suggest Spirit shares are "significantly undervalued," Oglenski tells investors in a research note. He expects the company's earnings growth will exceed 40% in 2019, and sees upside of over 35% in the shares. Oglenski names Spirit his Top Pick in airlines. For JetBlue, the analyst believes the company's commercial initiatives can be subject to competitive pressure. While there is a lot to like, the company is not seeing much traction, says Oglenski.
03/28/19
IMPC
03/28/19
NO CHANGE
Target $83
IMPC
Outperform
Spirit Airlines price target lowered to $83 from $92 at Imperial Capital
Imperial Capital analyst Michael Derchin lowered his price target for Spirit Airlines to $83 from $92 to reflect reflect higher fuel prices and conservatism on fiscal 2020 unit revenues. The analyst, however, says Spirit remains his top pick with an Outperform rating. Current share valuations are attractive due to moderate capacity growth, greater yield management capabilities, ancillary revenue growth with key initiatives in the pipeline, cost controls, and "significantly improved" operational reliability resulting in top-tier margins, Derchin tells investors in a research note.
ORLY O'Reilly Automotive
$396.80

1.14 (0.29%)

04/17/19
UBSW
04/17/19
NO CHANGE
Target $470
UBSW
Buy
O'Reilly Automotive, AutoZone price targets increased at UBS
UBS analyst Michael Lasser raised the price targets on his Buy-rated O'Reilly Automotive (ORLY) and AutoZone (AZO) to $470 and $1,210 from $415 and $1,065 respectively as part of his broader research note on auto repair shops. The analyst cites the findings of his bi-annual survey gauging sector demand, saying that some 69% of the shops surveyed saw sales volume as "at least flat" in March vs. the 66% who reported those figures last year. Lassar adds that while Q1 decelerated to 38% from 46%, about a third of the shops surveyed indicated that adverse weather hurt their business trends and the quarter was not indicative of the overall demand.
04/18/19
WELS
04/18/19
NO CHANGE
Target $445
WELS
Outperform
O'Reilly Automotive price target raised to $445 from $415 at Wells Fargo
Wells Fargo analyst Zachary Fadem raised his price target for O'Reilly Automotive to $445 from $415, while reiterating an Outperform rating on the shares as he continues to like the 2019 setup for the company and the group, with an expanding addressable market, lower gas prices, and seasonally favorable weather in a relatively defensive category. Nonetheless, the analyst sees risk/reward less compelling ahead of Q1, given the recent share outperformance, high expectations, and potential pressure should Q1 upside fail to materialize.
04/01/19
SBSH
04/01/19
UPGRADE
Target $18
SBSH
Neutral
Bed Bath & Beyond upgraded to Neutral from Sell at Citi
Citi analyst Geoff Small upgraded Bed Bath & Beyond (BBBY) to Neutral from Sell and raised his price target for the shares to $18 from $10 after taking over coverage of the name. Citi transferred coverage of Broadlines & Hardlines Retail names to Small. The analyst assumed coverage with Buy ratings on AutoZone (AZO), BJ's Wholesale (BJ), Home Depot (HD), Lowe's (LOW), O'Reilly Automotive (ORLY) and Walmart (WMT). The U.S. consumer remains on "solid footing" amid low unemployment, rising wages, declining gas prices, manageable levels of debt, and elevated consumer confidence, Small tells investors in a research note. However, he points out that we are in the ninth year of the current economic expansion and "the possibility of a macroeconomic slowdown cannot be ignored." The analyst prefers retailers operating in "defensive sectors that are less susceptible to disruption by online competitors," namely auto parts, broadlines and home improvement retail. Small also assumed Advance Auto Parts (AAP), Best Buy (BBY), Costco (COST) and Office Depot (ODP) with Neutral ratings.
03/25/19
JPMS
03/25/19
NO CHANGE
Target $398
JPMS
Overweight
O'Reilly Automotive added to Analyst Focus List at JPMorgan
JPMorgan analyst Christopher Horvers added O'Reilly Automotive (ORLY) to his firm's Analyst Focus List following his "weather deep dive." 2019's winter has been "solid" but not as good as 2018 due to snowfall levels, Horvers tells investors in a research note. He points out that autoparts demand is "quite sensitive" to extreme weather trends. The analyst believes the 2019 winter benefits O'Reilly the most among the "big 4," which also includes Advance Auto Parts (AAP), AutoZone (AZO) and Genuine Parts (GPC). Horvers keeps an Overweight rating on O'Reilly Automotive with a $398 price target.
MMLP Martin Midstream Partners
$9.84

-0.285 (-2.82%)

TODAY'S FREE FLY STORIES

F

Ford

$10.29

-0.1 (-0.96%)

, FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

16:11
05/19/19
05/19
16:11
05/19/19
16:11
Periodicals
Fiat Chrysler Ram gaining on GM, Ford pickups, WSJ reports »

The growing popularity of…

F

Ford

$10.29

-0.1 (-0.96%)

FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

GM

General Motors

$37.00

-0.36 (-0.96%)

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

  • 22

    May

  • 04

    Jun

  • 05

    Jun

  • 24

    Jul

  • 31

    Jul

  • 01

    Aug

  • 23

    Oct

RMD

ResMed

$112.81

-0.635 (-0.56%)

16:07
05/19/19
05/19
16:07
05/19/19
16:07
Hot Stocks
ResMed reveals demographic, clinical factors affect adherence to PAP therapy »

ResMed revealed several…

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

  • 05

    Jun

GOOGL

Alphabet Class A

$1,168.28

-15.39 (-1.30%)

, GOOG

Alphabet

$1,161.89

-16.89 (-1.43%)

13:48
05/19/19
05/19
13:48
05/19/19
13:48
Periodicals
Google suspends some business with Huawei, Reuters reports »

Alphabet's Google…

GOOGL

Alphabet Class A

$1,168.28

-15.39 (-1.30%)

GOOG

Alphabet

$1,161.89

-16.89 (-1.43%)

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

    Jun

  • 19

    Jun

  • 27

    Oct

BA

Boeing

$354.99

0.5 (0.14%)

13:28
05/19/19
05/19
13:28
05/19/19
13:28
Periodicals
Boeing says simulator software of 737 Max jets corrected, Reuters says »

Boeing has made…

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

  • 29

    May

  • 05

    Jun

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

13:17
05/19/19
05/19
13:17
05/19/19
13:17
Periodicals
Exxon evacuates all foreign staff from Iraqi oilfield, Reuters says »

Exxon Mobil has evacuated…

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

  • 29

    May

TSN

Tyson Foods

$82.50

-0.48 (-0.58%)

, MCD

McDonald's

$199.20

-0.71 (-0.36%)

13:06
05/19/19
05/19
13:06
05/19/19
13:06
Periodicals
Meat prices set to climb amid swine fever, WSJ reports »

African swine fever,…

TSN

Tyson Foods

$82.50

-0.48 (-0.58%)

MCD

McDonald's

$199.20

-0.71 (-0.36%)

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

    May

  • 29

    May

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

13:02
05/19/19
05/19
13:02
05/19/19
13:02
Periodicals
Deutsche Bank staff saw suspicious activity in Trump account, NYTimes says »

Anti-money laundering…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

DB

Deutsche Bank

$7.58

-0.08 (-1.04%)

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

  • 03

    Jun

MDCO

The Medicines Co.

$33.01

-0.19 (-0.57%)

12:51
05/19/19
05/19
12:51
05/19/19
12:51
Hot Stocks
The Medicines Co. announces interim results from ORION-3 extension study »

The Medicines Co.…

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

  • 20

    May

ACAD

Acadia

$24.97

-0.69 (-2.69%)

12:44
05/19/19
05/19
12:44
05/19/19
12:44
Hot Stocks
Acadia presents Phase 2 CLARITY results for Pimavanserin »

Acadia Pharmaceuticals…

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

PINS

Pinterest

$26.69

0.68 (2.61%)

08:37
05/18/19
05/18
08:37
05/18/19
08:37
Periodicals
Pinterest committed 'cardinal sin' for newly public company, Barron's says »

Pinterest released its…

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

KSHB

KushCo Holdings

$0.00

(0.00%)

08:32
05/18/19
05/18
08:32
05/18/19
08:32
Periodicals
Pot paraphernalia companies taking hit from tariffs, Barron's says »

The U.S.-China trade…

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

  • 06

    Jun

JWN

Nordstrom

$37.09

0.16 (0.43%)

08:24
05/18/19
05/18
08:24
05/18/19
08:24
Periodicals
Nordstrom stock a 'can't miss bargain.' Barron's says »

Nordstrom remains the…

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

  • 21

    May

  • 23

    May

NTDOY

Nintendo

$0.00

(0.00%)

, TTWO

Take-Two

$106.76

-0.81 (-0.75%)

08:10
05/18/19
05/18
08:10
05/18/19
08:10
Periodicals
Take-Two 'winning the game,' Barron's says »

Videogame stocks are down…

NTDOY

Nintendo

$0.00

(0.00%)

TTWO

Take-Two

$106.76

-0.81 (-0.75%)

DIS

Disney

$135.04

-0.46 (-0.34%)

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

    May

  • 29

    May

  • 06

    Jun

  • 08

    Jun

  • 10

    Jun

  • 10

    Jun

  • 10

    Jun

  • 11

    Jun

  • 12

    Jun

  • 24

    Jun

  • 13

    Nov

TPR

Tapestry

$30.78

-0.56 (-1.79%)

, REGN

Regeneron

$304.81

-4.69 (-1.52%)

08:01
05/18/19
05/18
08:01
05/18/19
08:01
Periodicals
Regeneron, Tapestry among cheap stocks to ride out trade war, Barron's says »

Applied Materials (AMAT),…

TPR

Tapestry

$30.78

-0.56 (-1.79%)

REGN

Regeneron

$304.81

-4.69 (-1.52%)

SCHW

Charles Schwab

$43.21

-0.94 (-2.13%)

BWA

BorgWarner

$36.27

-0.375 (-1.02%)

AMAT

Applied Materials

$42.72

-1.56 (-3.52%)

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

  • 22

    May

  • 29

    May

  • 31

    May

  • 06

    Jun

  • 14

    Jun

  • 26

    Jun

  • 25

    Jul

MT

ArcelorMittal

$16.37

-0.485 (-2.88%)

, CLF

Cleveland-Cliffs

$10.02

-0.08 (-0.79%)

07:25
05/18/19
05/18
07:25
05/18/19
07:25
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

MT

ArcelorMittal

$16.37

-0.485 (-2.88%)

CLF

Cleveland-Cliffs

$10.02

-0.08 (-0.79%)

SCHN

Schnitzer Steel

$23.16

0.42 (1.85%)

BRSS

Global Brass and Copper

$43.09

-0.01 (-0.02%)

LXFR

Luxfer

$25.41

-0.44 (-1.70%)

MTRN

Materion

$66.36

0.155 (0.23%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$14.84

-0.01 (-0.07%)

F

Ford

$10.29

-0.1 (-0.96%)

GM

General Motors

$37.00

-0.36 (-0.96%)

HMC

Honda

$25.64

-0.135 (-0.52%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$118.40

-1.44 (-1.20%)

VWAGY

Volkswagen

$0.00

(0.00%)

SHOO

Steven Madden

$31.49

-0.37 (-1.16%)

GIII

G-III Apparel

$31.82

-0.35 (-1.09%)

IIVI

II-VI

$32.66

-1.64 (-4.78%)

LITE

Lumentum

$46.30

-4.15 (-8.23%)

MU

Micron

$36.06

-1.37 (-3.66%)

WDC

Western Digital

$44.62

-0.82 (-1.80%)

COHR

Coherent

$121.28

-5.22 (-4.13%)

LASR

nLight

$21.21

-1.27 (-5.65%)

VECO

Veeco

$12.50

-0.25 (-1.96%)

NPTN

NeoPhotonics

$3.83

-0.7 (-15.45%)

AAPL

Apple

$188.97

-0.93 (-0.49%)

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

  • 22

    May

  • 22

    May

  • 23

    May

  • 23

    May

  • 24

    May

  • 28

    May

  • 29

    May

  • 03

    Jun

  • 04

    Jun

  • 04

    Jun

  • 05

    Jun

  • 05

    Jun

  • 07

    Jun

  • 10

    Jun

  • 13

    Jun

  • 14

    Jun

  • 09

    Jul

  • 24

    Jul

  • 31

    Jul

  • 01

    Aug

  • 23

    Oct

WMT

Walmart

$100.88

-0.56 (-0.55%)

17:59
05/17/19
05/17
17:59
05/17/19
17:59
Hot Stocks
Walmart EVP Furner sells 10K shares of common stock »

In a regulatory filing,…

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

  • 29

    May

  • 05

    Jun

  • 05

    Jun

  • 07

    Jun

  • 07

    Jun

  • 15

    Aug

  • 13

    Nov

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

, REPYY

Repsol

$0.00

(0.00%)

17:56
05/17/19
05/17
17:56
05/17/19
17:56
Periodicals
Exxon Gulf of Mexico sale gets interest from Repsol, Ineos, Bloomberg says »

Exxon Mobil (XOM) has…

XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

REPYY

Repsol

$0.00

(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

  • 22

    May

  • 29

    May

IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

, SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

17:43
05/17/19
05/17
17:43
05/17/19
17:43
General news
Weekly CFTC Commitment of Traders highlights »

2-YEAR U.S. TREASURY net…

IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

SLV

iShares Silver Trust

$13.52

-0.14 (-1.02%)

GLD

SPDR Gold Shares

$120.64

-0.86 (-0.71%)

FXE

Euro Currency Trust

$106.35

-0.13 (-0.12%)

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

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

17:39
05/17/19
05/17
17:39
05/17/19
17:39
Periodicals
IMF's Lagarde: U.S.-China trade spat may be risk to global economy, Reuters says »

IMF managing director…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

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

HIG

Hartford Financial

$53.58

-0.02 (-0.04%)

17:34
05/17/19
05/17
17:34
05/17/19
17:34
Syndicate
Breaking Syndicate news story on Hartford Financial »

Hartford Financial files…

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

  • 11

    Jun

AFH

Atlas Financial

$0.91

0.0225 (2.53%)

17:33
05/17/19
05/17
17:33
05/17/19
17:33
Hot Stocks
Atlas Financial receives filing delinquency notice from Nasdaq »

Atlas Financial received…

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

WES

Western Gas Partners

$30.60

-0.155 (-0.50%)

17:29
05/17/19
05/17
17:29
05/17/19
17:29
Syndicate
Breaking Syndicate news story on Western Gas Partners »

Western Gas Partners…

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

BA

Boeing

$354.99

0.5 (0.14%)

17:24
05/17/19
05/17
17:24
05/17/19
17:24
Hot Stocks
Boeing awarded $163.91M Navy contract modification »

Boeing has been awarded 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

  • 29

    May

  • 05

    Jun

LMT

Lockheed Martin

$338.10

-2.39 (-0.70%)

17:18
05/17/19
05/17
17:18
05/17/19
17:18
Hot Stocks
Lockheed Martin subsidiary awarded $1.13B Navy contract modification »

Sikorsky, a Lockheed…

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

  • 29

    May

  • 05

    Jun

COTY

Coty

$13.50

0.25 (1.89%)

17:14
05/17/19
05/17
17:14
05/17/19
17:14
Hot Stocks
Coty exec Pieraccioni acquires 93,100 common shares »

In a regulatory filing,…

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

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.