Breaking News Instant updates and real-time market news.

JMIA

Jumia Technologies

$37.74

-1.06 (-2.73%)

07:41
05/07/19
05/07
07:41
05/07/19
07:41

Jumia Technologies initiated with a Market Perform at Raymond James

Raymond James analyst Aaron Kessler started Jumia Technologies with a Market Perform rating, stating that while he expects robust e-commerce growth in Africa and thinks Jumia has significant potential beyond its core marketplaces, he also believes shares are fairly valued after advancing 170% from their IPO price of $14.50.

JMIA Jumia Technologies
$37.74

-1.06 (-2.73%)

05/06/19
RBCM
05/06/19
INITIATION
Target $40
RBCM
Sector Perform
Jumia Technologies initiated with a Sector Perform at RBC Capital
RBC Capital analyst Mark Mahaney initiated Jumia Technologies with a Sector Perfor rating and a price target of $40. The analyst believes that the company is addressing a large Africa e-commerce market with "powerful" secular tailwinds and notes that its 50% gross merchandise volume growth rates can be sustained. After a "warranted" 200%+ advance in Jumia stock price post-IPO however, Mahaney sees valuation on the stock as full.
05/06/19
05/06/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. PagerDuty (PD) initiated with an Overweight at Piper Jaffray, with a Neutral at BTIG, with an Outperform at William Blair, with an Overweight at JPMorgan, with a Sector Weight at KeyBanc, with an Equal Weight at Morgan Stanley and with a Sector Perform at RBC Capital. 2. Tufin (TUFN) initiated with a Buy at Jefferies, with an Overweight at Piper Jaffray, with a Market Perform at William Blair, with a Hold at Stifel, with an Outperform at Oppenheimer, with an Overweight at JPMorgan and with an Overweight at Barclay. 3. Aclaris Therapeutics (ACRS) initiated with an Outperform at SVB Leerink. 4. Jumia Technologies (JMIA) initiated with a Neutral at Citi and with a Sector Perform at RBC Capital. 5. Omeros (OMER) initiated with an Overweight at Cantor Fitzgerald. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/07/19
STFL
05/07/19
INITIATION
Target $40
STFL
Hold
Jumia Technologies initiated with a Hold at Stifel
Stifel analyst Scott Devitt started Jumia Technologies with a Hold rating and $40 price target. The analyst awaits a more attractive entry point given Jumia's "relatively high" valuation compared to comparable marketplace platforms and "long path" to profitability.
05/07/19
BREN
05/07/19
INITIATION
Target $45
BREN
Hold
Jumia Technologies initiated with a Hold at Berenberg
Berenberg initiated Jumia Technologies with a Hold and $45 price target.

TODAY'S FREE FLY STORIES

TOO

Teekay Offshore Partners

$1.11

0.005 (0.45%)

, BBU

Brookfield Business Partners

$37.63

-0.43 (-1.13%)

05:36
05/24/19
05/24
05:36
05/24/19
05:36
Hot Stocks
JDP finds support from other Teekay Offshore holders to oppose Brookfield deal »

On May 17, Brookfield…

TOO

Teekay Offshore Partners

$1.11

0.005 (0.45%)

BBU

Brookfield Business Partners

$37.63

-0.43 (-1.13%)

TK

Teekay Corp.

$3.86

-0.35 (-8.31%)

BAM

Brookfield

$46.55

-0.25 (-0.53%)

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

  • 08

    Aug

NGLOY

Anglo American

$0.00

(0.00%)

05:33
05/24/19
05/24
05:33
05/24/19
05:33
Upgrade
Anglo American rating change  »

Anglo American upgraded…

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

WB

Weibo

05:29
05/24/19
05/24
05:29
05/24/19
05:29
Downgrade
Weibo rating change  »

Weibo downgraded to…

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

LII

Lennox

$276.46

-1.35 (-0.49%)

05:28
05/24/19
05/24
05:28
05/24/19
05:28
Downgrade
Lennox rating change  »

Lennox downgraded to Sell…

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

  • 13

    Nov

GMED

Globus Medical

$40.59

-0.84 (-2.03%)

05:26
05/24/19
05/24
05:26
05/24/19
05:26
Downgrade
Globus Medical rating change  »

Globus Medical downgraded…

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

BCRX

BioCryst

$3.54

0.09 (2.61%)

05:25
05/24/19
05/24
05:25
05/24/19
05:25
Downgrade
BioCryst rating change  »

BioCryst downgraded to…

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

MRBK

Meridian Bank

$16.95

(0.00%)

05:25
05/24/19
05/24
05:25
05/24/19
05:25
Earnings
Meridian reports Q1 EPS 31c, consensus 22c »

Reports Q1 book value per…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Jun

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$282.19

-3.43 (-1.20%)

05:24
05/24/19
05/24
05:24
05/24/19
05:24
General news
U.K. Prime Minister Theresa May announces she'll step down on June 7 »

In a public address,…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$282.19

-3.43 (-1.20%)

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

IONS

Ionis Pharmaceuticals

$67.13

-1.42 (-2.07%)

05:20
05/24/19
05/24
05:20
05/24/19
05:20
Recommendations
Ionis Pharmaceuticals analyst commentary  »

Piper 'incrementally…

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

  • 17

    Jun

  • 18

    Jun

ADSK

Autodesk

$169.64

-4.47 (-2.57%)

05:14
05/24/19
05/24
05:14
05/24/19
05:14
Recommendations
Autodesk analyst commentary  »

Autodesk Q1 results did…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Jun

  • 12

    Jun

SPLK

Splunk

$128.68

-7.12 (-5.24%)

05:10
05/24/19
05/24
05:10
05/24/19
05:10
Recommendations
Splunk analyst commentary  »

Splunk exceeded most…

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

  • 13

    Jun

  • 09

    Jul

AMZN

Amazon.com

$1,815.30

-42.44 (-2.28%)

05:06
05/24/19
05/24
05:06
05/24/19
05:06
Recommendations
Amazon.com analyst commentary  »

Amazon shares will rally…

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

  • 25

    Jun

AAXN

Axon

$67.06

-1.29 (-1.89%)

04:58
05/24/19
05/24
04:58
05/24/19
04:58
Downgrade
Axon rating change  »

Axon downgraded to…

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

  • 31

    May

  • 20

    Jun

KTB

Kontoor Brands

$38.51

0.82 (2.18%)

, ORN

Orion Group

$1.87

-0.12 (-6.03%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Hot Stocks
Kontoor Brands to replace Orion Group in S&P 600 at open on 5/24 »

V.F. Corp. (VFC) is…

KTB

Kontoor Brands

$38.51

0.82 (2.18%)

ORN

Orion Group

$1.87

-0.12 (-6.03%)

VFC

VF Corp.

$84.06

-6.32 (-6.99%)

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

  • 13

    Nov

04:55
05/24/19
05/24
04:55
05/24/19
04:55
General news
Breaking General news story  »

Week of 5/24 Baker-Hughes…

QGEN

Qiagen

$38.48

-0.235 (-0.61%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
Qiagen participates in a conference call with JPMorgan »

Life Science &…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

  • 31

    May

  • 20

    Jun

  • 06

    Aug

AEL

American Equity

$28.63

-1.25 (-4.18%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
American Equity participates in a conference call with JPMorgan »

Life Insurance Analyst…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

  • 06

    Jun

TWI

Titan International

$4.47

-0.125 (-2.72%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
Titan International management to meet with SIdoti »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

  • 12

    Jun

04:55
05/24/19
05/24
04:55
05/24/19
04:55
General news
Durable Goods Orders Ex-transportation to be reported at 08:30 »

April Durable Goods…

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
Deutsche Bank to hold a conference »

10th Annual Asia…

ARWR

Arrowhead

$22.08

0.28 (1.28%)

, NAVG

Navigators

$69.97

(0.00%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Hot Stocks
Arrowhead to replace Navigators in S&P 600 at open on 5/24 »

The Hartford Financial…

ARWR

Arrowhead

$22.08

0.28 (1.28%)

NAVG

Navigators

$69.97

(0.00%)

HIG

Hartford Financial

$53.31

-0.915 (-1.69%)

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

ANTM

Anthem

$277.80

-5.16 (-1.82%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
Anthem participates in a conference call with JPMorgan »

Managed Care/Facilities…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

  • 29

    May

ABB

ABB

$18.70

-0.26 (-1.37%)

, ALV

Autoliv

$64.53

-0.225 (-0.35%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
Jefferies to hold a tour »

5th Annual European…

ABB

ABB

$18.70

-0.26 (-1.37%)

ALV

Autoliv

$64.53

-0.225 (-0.35%)

ASAZY

Assa Abloy

$0.00

(0.00%)

ATLKY

Atlas Copco

$0.00

(0.00%)

EPOKY

Epiroc

$0.00

(0.00%)

SDVKY

Sandvik AB

$0.00

(0.00%)

VLVLY

Volvo AB

$0.00

(0.00%)

VNE

Veoneer

$17.45

-0.5 (-2.79%)

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

  • 13

    Nov

  • 23

    May

HPR

HighPoint Resources

$2.03

-0.16 (-7.31%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
HighPoint Resources management to meet with Seaport Global »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

NGD

New Gold

$0.64

-0.0022 (-0.34%)

04:55
05/24/19
05/24
04:55
05/24/19
04:55
Conference/Events
New Gold management to meet with TD Securities »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    May

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.