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CSCO

Cisco

$53.39

-0.27 (-0.50%)

11:20
05/07/19
05/07
11:20
05/07/19
11:20

Sweep buyer of Cisco weekly puts as shares slip

Sweep buyer of Cisco weekly puts as shares slip. The stock off $1 to $53.60 and 3.6K May 10th 52.5 puts trade across the exchanges electronically for 18c per contract. Volume is 4.2K against 148 open interest and the contract now trades 20c. These puts are struck 2% below spot and expire Friday. Earnings due next week: 5/15 after market.

  • 15

    May

  • 20

    May

  • 06

    Jun

CSCO Cisco
$53.39

-0.27 (-0.50%)

04/26/19
OPCO
04/26/19
NO CHANGE
Target $60
OPCO
Outperform
Cisco price target raised to $60 from $52 at Oppenheimer
Oppenheimer analyst Ittai Kidron raised his price target for Cisco Systems to $60 from $52 and maintained an Outperform rating, saying that based on his April-quarter checks, he expects Cisco to report a "solid" quarter with a possibility of modest guidance upside. He also says checks point to continued strong demand across all networking products, as well as UCS and collaboration.
04/16/19
04/16/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. HollyFrontier (HFC) downgraded to Sell from Neutral at Goldman Sachs with analyst Neil Mehta saying he now sees a less attractive crude differential environment given a narrower Brent-WTI and WTI-WCS spread forecast in 2019 and 2020. 2. BP (BP) downgraded to Outperform from Top Pick at RBC Capital with analyst Biraj Borkhataria citing valuation. 3. Cisco (CSCO) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Rod Hall saying Cisco has executed well on rolling out its Catalyst 9000 products that have driven "solid" double digit growth in campus switching revenues. 4. DowDuPont (DWDP) downgraded to Sector Perform from Outperform at RBC Capital with analyst Arun Viswanathan citing the impact of the company's spinoff of Dow on April 2nd. 5. EOG Resources (EOG) and EQT Corporation (EQT) downgraded to Neutral from Buy at MKM Partners. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/16/19
GSCO
04/16/19
DOWNGRADE
Target $62
GSCO
Buy
Cisco downgraded to Buy from Conviction Buy at Goldman Sachs
Goldman Sachs analyst Rod Hall removed Cisco Systems from his firm's Americas Conviction List but maintains a Buy rating on the shares. He also raised his price target for the stock to $62 from $58. Cisco has executed well on rolling out its Catalyst 9000 products that have driven "solid" double digit growth in campus switching revenues, Hall tells investors in a research note. However, with the stock up 31% since March 22, 2018, Cisco's business model transition is now better understood by investors, Hall tells investors in a research note. Nonetheless, the analyst continues to see upside to consensus estimates.
04/03/19
COWN
04/03/19
NO CHANGE
Target $62
COWN
Outperform
Cisco UCC improvement being underappreciated, says Cowen
After attending the Enterprise Connect conference, Cowen analyst Paul Silverstein said he came away with greater appreciation for the "significant momentum" in Cisco's unified communications & collaboration, or UCC, business, which he continues to believes is being underappreciated by the investment community. He estimates the UCC business is growing by over 10% year-over-year, accounts for almost 10% of total revenue, and has reemerged as a significant driver of incremental growth and profitability for Cisco, Silverstein tells investors. He keeps an Outperform rating and $62 price target on Cisco shares.

TODAY'S FREE FLY STORIES

GTE

Gran Tierra

$2.09

-0.03 (-1.42%)

19:28
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Gran Tierra confirms award of 3 Ecuador blocks with 140K acre total area »

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PGR

Progressive

$80.47

0.44 (0.55%)

19:10
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Progressive's Sieger sells 7,500 common shares »

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CRM

Salesforce

$157.60

1.83 (1.17%)

19:05
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05/22
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19:05
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Salesforce Ventures launches $125M Europe Trailblazer Fund »

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    Jun

MRCY

Mercury Systems

$70.96

0.08 (0.11%)

19:05
05/22/19
05/22
19:05
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19:05
Syndicate
Mercury Systems 6M share Secondary priced at $69.00 »

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  • 05

    Jun

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    May

RNG

RingCentral

$122.58

0.14 (0.11%)

18:57
05/22/19
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18:57
Hot Stocks
RingCentral CEO: We have an all in one solution for business communications »

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  • 28

    May

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    Jun

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    Nov

LB

L Brands

$24.29

1.605 (7.08%)

, VIPS

Vipshop

$7.75

0.095 (1.24%)

18:53
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Fly Intel: After Hours Movers »

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LB

L Brands

$24.29

1.605 (7.08%)

VIPS

Vipshop

$7.75

0.095 (1.24%)

CPRT

Copart

$64.99

-0.91 (-1.38%)

CTRP

Ctrip

$37.78

-0.09 (-0.24%)

SNPS

Synopsys

$115.10

-0.63 (-0.54%)

AVP

Avon Products

$4.07

0.875 (27.39%)

GILD

Gilead

$67.25

0.73 (1.10%)

IOVA

Iovance Biotherapeutics

$17.71

1.5 (9.25%)

AMGN

Amgen

$173.23

3.61 (2.13%)

NTAP

NetApp

$62.58

-7.43 (-10.61%)

SCVL

Shoe Carnival

$29.65

-2.6 (-8.06%)

HTHT

Huazhu Group

$34.41

-0.47 (-1.35%)

SBLK

Star Bulk Carriers

$8.13

-0.13 (-1.57%)

ONVO

Organovo

$0.78

-0.158 (-16.84%)

03/08/13
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    May

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    May

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    May

  • 31

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    Jun

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    Jun

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    Jun

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    Jun

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    Sep

  • 27

    Sep

HMC

Honda

$25.54

-0.17 (-0.66%)

, TKTDY

Takata

$0.00

(0.00%)

18:53
05/22/19
05/22
18:53
05/22/19
18:53
Hot Stocks
Honda to recall about 19,000 vehicles in the U.S. over faulty inflator kits »

Honda (HMC) will…

HMC

Honda

$25.54

-0.17 (-0.66%)

TKTDY

Takata

$0.00

(0.00%)

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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  • 05

    Jun

DSNKY

Daiichi Sankyo

$0.00

(0.00%)

18:39
05/22/19
05/22
18:39
05/22/19
18:39
Periodicals
Breaking Periodicals news story on Daiichi Sankyo »

Daiichi Sankyo in talks…

03/08/13
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  • 31

    May

SPOT

Spotify

$127.10

-5.06 (-3.83%)

18:27
05/22/19
05/22
18:27
05/22/19
18:27
Periodicals
Spotify resets some users' passwords over 'suspicious activity,' TechCrunch says »

Spotify has informed an…

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IDXX

Idexx Laboratories

$250.45

1.24 (0.50%)

18:20
05/22/19
05/22
18:20
05/22/19
18:20
Hot Stocks
Idexx Laboratories CEO: We're at the beginning of our runway for growth »

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  • 05

    Jun

OMC

Omnicom

$79.79

-0.3 (-0.37%)

18:15
05/22/19
05/22
18:15
05/22/19
18:15
Hot Stocks
Omnicom CEO sells 60.5K shares of common stock »

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BSX

Boston Scientific

$37.74

0.04 (0.11%)

18:12
05/22/19
05/22
18:12
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18:12
Hot Stocks
Boston Scientific initiates trial of WATCHMAN FLX appendage closure platform »

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  • 29

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    Nov

CTRP

Ctrip

$37.63

-0.24 (-0.63%)

18:03
05/22/19
05/22
18:03
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18:03
Hot Stocks
Ctrip reports Q1 gross margin 79% vs. 82% a year ago »

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  • 22

    May

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CTRP

Ctrip

$37.63

-0.24 (-0.63%)

18:02
05/22/19
05/22
18:02
05/22/19
18:02
Earnings
Breaking Earnings news story on Ctrip »

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  • 22

    May

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    May

CTRP

Ctrip

$37.63

-0.24 (-0.63%)

18:01
05/22/19
05/22
18:01
05/22/19
18:01
Earnings
Ctrip reports Q1 adjusted EPS 44c, consensus 24c »

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  • 22

    May

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    May

CE

Celanese

$100.10

-0.18 (-0.18%)

18:01
05/22/19
05/22
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18:01
Hot Stocks
Celanese announces acetyls product price increases »

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XRAY

Dentsply Sirona

$54.64

-0.25 (-0.46%)

17:57
05/22/19
05/22
17:57
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17:57
Hot Stocks
Dentsply Sirona CFO Alexos to leave company in connection with relocation »

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  • 22

    May

  • 05

    Jun

SIM

Grupo Simec

$9.23

(0.00%)

17:55
05/22/19
05/22
17:55
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17:55
Hot Stocks
Grupo Simec receives noncompliance notification from NYSE »

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CPRT

Copart

$64.78

-1.12 (-1.70%)

17:51
05/22/19
05/22
17:51
05/22/19
17:51
Earnings
Copart reports Q3 adjusted EPS 66c, consensus 62c »

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  • 23

    May

  • 03

    Jun

NVS

Novartis

$83.94

1.555 (1.89%)

17:51
05/22/19
05/22
17:51
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17:51
Periodicals
Novartis CEO sees Zolgensma price 'far lower' than $4M-$5M range, Reuters says »

Novartis CEO Vas…

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  • 23

    May

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    May

PCG

PG&E

$19.00

0.55 (2.98%)

17:45
05/22/19
05/22
17:45
05/22/19
17:45
Periodicals
PG&E to remain in control of bankruptcy until September 29, WSJ reports »

PG&E will remain in…

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  • 21

    Jun

OBLN

Obalon Therapeutics

$1.24

0.842 (211.56%)

17:41
05/22/19
05/22
17:41
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17:41
Hot Stocks
Obalon Therapeutics discloses resignation of CEO »

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GVA

Granite Construction

$41.37

-0.09 (-0.22%)

17:39
05/22/19
05/22
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17:39
Hot Stocks
Granite Construction acquires additional trenchless rehabilitation assets »

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  • 06

    Jun

NVCN

Neovasc

$0.48

-0.0023 (-0.48%)

17:36
05/22/19
05/22
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17:36
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Neovasc discloses International Journal of Cardiology review of Neovasc Reducer »

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.61

-0.89 (-0.31%)

17:36
05/22/19
05/22
17:36
05/22/19
17:36
Periodicals
Pentagon mulls request to send 5,000 U.S. troops to Middle East, Reuters says »

The U.S. Department of…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$285.61

-0.89 (-0.31%)

03/08/13
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