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GOOG

Alphabet

$1,165.35

-15.49 (-1.31%)

, GOOGL

Alphabet Class A

$1,169.51

-15.6 (-1.32%)

14:45
05/07/19
05/07
14:45
05/07/19
14:45

Android reaches version 10 on over 2.5B active devices

In a blog post, Stephanie Cuthbertson, Director of Product Management, Android said that, "This year, Android is reaching version 10 and operating on over 2.5 billion active devices. A lot has changed since version 1.0, back when smartphones were just an early idea. Now, they're an integral tool in our lives-helping us stay in touch, organize our days or find a restaurant in a new place. Looking ahead, we're continuing to focus on working with partners to shape the future of mobile and make smartphones even more helpful. As people carry their phones constantly and trust them with lots of personal information, we want to make sure they're always in control of their data and how it's shared. And as people spend more time on their devices, building tools to help them find balance with technology continues to be our priority. That's why we're focusing on three key areas for our next release, Android Q: innovation, security and privacy and digital wellbeing. This year, new industry trends like foldable phone displays and 5G are pushing the boundaries of what smartphones can do. Android Q is designed to support the potential of foldable devices-from multi-tasking to adapting to different screen dimensions as you unfold the phone. And as the first operating system to support 5G, Android Q offers app developers tools to build for faster connectivity, enhancing experiences like gaming and augmented reality." Reference Link

GOOG

Alphabet

$1,165.35

-15.49 (-1.31%)

GOOGL

Alphabet Class A

$1,169.51

-15.6 (-1.32%)

  • 14

    May

  • 17

    May

  • 27

    Oct

GOOG Alphabet
$1,165.35

-15.49 (-1.31%)

04/30/19
DBAB
04/30/19
NO CHANGE
Target $1300
DBAB
Buy
Alphabet price target lowered to $1,300 from $1,385 at Deutsche Bank
Deutsche Bank analyst Lloyd Walmsley lowered his price target for Alphabet to $1,300 from $1,385 saying maturation fears are rising after he company's revenue growth slowed in Q1. Alphabet reported "weak" results with Google Sites growth excluding currency ticking down by 4 percentage points, cost growth ahead of revenue growth, a "vocal commitment" to invest with less signal on discipline than last quarter's comments, and a continued focus on the low-margin hardware space which is struggling with sales declines in the flagship product, Walmsley tells investors in a post-earnings research note. He also thinks management did a poor job explaining the slowdown. The analyst, despite lowering his estimates, keeps a Buy rating on Alphabet. He thinks the stock's valuation is attractive on a long-term basis.
04/30/19
MSCO
04/30/19
NO CHANGE
Target $1425
MSCO
Overweight
Alphabet price target lowered to $1,425 from $1,500 at Morgan Stanley
Morgan Stanley analyst Brian Nowak noted that this quarter was the first in the last 17 in which Alphabet's Websites revenue grew less than 20% ex-foreign exchange. While the company pointed to "the timing of product changes in ads" as a factor that drove the deceleration, it did not provide any clarity on what the changes were, whether the impact will be linear, or whether there are more such changes to come, noted Nowak, who sees the need for better transparency as key to long-term valuation at Alphabet. Following the quarterly report, he lowered his FY19 and FY20 EBITDA estimates by1% and 3%, respectively, and cut his price target on Alphabet shares to $1,425 from $1,500. Nowak keeps an Overweight rating on the stock.
04/30/19
OPCO
04/30/19
NO CHANGE
Target $1342
OPCO
Outperform
Alphabet price target lowered to $1,342 from $1,435 at Oppenheimer
Oppenheimer analyst Jason Helfstein lowered his price target for Alphabet to $1,342 from $1,435 following quarterly results, while reiterating an Outperform rating on the shares. Despite weaker ad results and lower core margins year over year, the analyst notes that Alphabet is a "cash cow," dominating search, and compounding its core business, with numerous new initiatives at just 11-times 2020 EBITDA and 21-times free cash flow.
04/30/19
04/30/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) downgraded to Hold from Buy at Stifel with analyst Scott Devitt saying Alphabet revenue growth in last night's Q1 results dropped below 20% for the first time since Q2 of 2015. 2. Bank of America (BAC) downgraded to Neutral from Overweight at Atlantic Equities. 3. Trade Desk (TTD) downgraded to Market Perform from Outperform at JMP Securities with analyst Ronald Josey saying he believes shares are currently fairly valued given the company's growth and opportunities in mobile and Connected TV. 4. ADP (ADP) downgraded to Market Perform from Outperform at Bernstein while Paychex (PAYX) was downgraded to Underperform from Market Perform. 5. Trex Company (TREX) downgraded to Neutral from Buy at B. Riley FBR with analyst Alex Rygiel citing near-term profit margin pressures. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
GOOGL Alphabet Class A
$1,169.51

-15.6 (-1.32%)

04/30/19
FBCO
04/30/19
NO CHANGE
Target $1400
FBCO
Outperform
Credit Suisse remains a buyer of Alphabet following quarterly results
Credit Suisse analyst Stephen Ju says that despite incremental signs of free cash flow beginning to grow again, as well as ongoing moderation of core segment operating margin compression, he expects FX-neutral revenue growth deceleration to 19% year over year to weigh on Alphabet shares. As the benefits from the investments Google continues to incur toward generating new streams of revenue are nontransparent, Ju suspects that from a tactical perspective the bear argument that it needs to spend to maintain growth in its current businesses will get louder. That said, the analyst notes that while the Street has implicitly modeled the costs around the company's various longer duration products, revenue is not yet reflected, and hence he remains a buyer of the shares on that optionality. He reiterates an Outperform rating and $1,400 price target on the shares.
04/30/19
BMOC
04/30/19
NO CHANGE
Target $1150
BMOC
Market Perform
Alphabet price target lowered to $1,150 from $1,200 at BMO Capital
BMO Capital analyst Daniel Salmon lowered his price target on Alphabet (GOOGL) to $1,150 after its Q1 revenue missed expectations, ending the run of 10 of 11 quarters of top-line beats. The analyst says the company offered little color on slowing revenue outside of stating that the "timing of product changes in ads" impacted growth and warns that consensus earnings for the year have added risk. Salmon also keeps his Market Perform rating on Alphabet, stating that the Street may underestimate margin erosion from its negative revenue mix-shift while pointing to Amazon's (AMZN) rise of advertising business as a competitive threat.
05/01/19
DZBN
05/01/19
DOWNGRADE
DZBN
Hold
Alphabet downgraded to Hold from Buy at DZ Bank

TODAY'S FREE FLY STORIES

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TEVA

Teva

$10.86

-0.18 (-1.63%)

12:11
05/26/19
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ESLT

Elbit Systems

$141.85

1.33 (0.95%)

12:08
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  • 28

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ADM

Archer Daniels

$39.17

-0.03 (-0.08%)

12:05
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  • 13

    Nov

JCP

J.C. Penney

$0.93

0.022 (2.42%)

, DDS

Dillard's

$56.57

0.25 (0.44%)

13:29
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Target stock triumphs in brutal week for retail, Barron's says »

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JCP

J.C. Penney

$0.93

0.022 (2.42%)

DDS

Dillard's

$56.57

0.25 (0.44%)

KSS

Kohl's

$51.11

-0.04 (-0.08%)

JWN

Nordstrom

$33.50

-0.31 (-0.92%)

M

Macy's

$21.00

-0.27 (-1.27%)

TGT

Target

$81.57

2.17 (2.73%)

03/08/13
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  • 12

    Jun

JPM

JPMorgan

$109.78

1.14 (1.05%)

, AKZOY

AkzoNobel

$0.00

(0.00%)

13:24
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Periodicals
Microsoft, JPMorgan among dividend champions, Barron's says »

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JPM

JPMorgan

$109.78

1.14 (1.05%)

AKZOY

AkzoNobel

$0.00

(0.00%)

XOM

Exxon Mobil

$74.12

0.33 (0.45%)

MSFT

Microsoft

$126.23

0.04 (0.03%)

CMWAY

Commonwealth Bank of Australia

$0.00

(0.00%)

SIEGY

Siemens

$0.00

(0.00%)

T

AT&T

$32.29

0.15 (0.47%)

RDS.A

Royal Dutch Shell

$63.29

0.84 (1.35%)

RHHBY

Roche

$0.00

(0.00%)

NVS

Novartis

$87.49

3.03 (3.59%)

BHP

BHP Group

$52.47

1.18 (2.30%)

03/08/13
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GM

General Motors

$35.13

0.01 (0.03%)

, TSLA

Tesla

$190.80

-4.7 (-2.40%)

13:19
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Periodicals
Tesla stock in trouble, Barron's says »

Tesla (TSLA) stock is the…

GM

General Motors

$35.13

0.01 (0.03%)

TSLA

Tesla

$190.80

-4.7 (-2.40%)

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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  • 04

    Jun

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    Aug

RNLSY

Renault

$0.00

(0.00%)

13:14
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05/25
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Periodicals
Renault stock may rally, Barron's says »

Shares of French auto…

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FMC

FMC Corporation

$70.88

-0.47 (-0.66%)

, DWDP

DowDuPont

$31.10

0.16 (0.52%)

13:11
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05/25
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Periodicals
DowDuPont spinoff a new agriculture stock, FMC safer bet, Barron's says »

The crop-protection and…

FMC

FMC Corporation

$70.88

-0.47 (-0.66%)

DWDP

DowDuPont

$31.10

0.16 (0.52%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 29

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MGM

MGM Resorts

$25.55

0.19 (0.75%)

13:03
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MGM Resorts looks like an attractive gambling play, Barron's says »

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  • 29

    May

PYPL

PayPal

$109.82

-0.09 (-0.08%)

, AXP

American Express

$119.52

1.07 (0.90%)

12:30
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Periodicals
Big tech failed to dethrone credit cards, Barron's says »

Rather than being cut out…

PYPL

PayPal

$109.82

-0.09 (-0.08%)

AXP

American Express

$119.52

1.07 (0.90%)

MA

MasterCard

$251.40

1.57 (0.63%)

V

Visa

$162.72

1.2 (0.74%)

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GOOG

Alphabet

$1,132.99

-7.56 (-0.66%)

, GOOGL

Alphabet Class A

$1,138.90

-5.98 (-0.52%)

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On The Fly
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GOOG

Alphabet

$1,132.99

-7.56 (-0.66%)

GOOGL

Alphabet Class A

$1,138.90

-5.98 (-0.52%)

MSFT

Microsoft

$126.23

0.04 (0.03%)

AMBA

Ambarella

$38.28

1.07 (2.88%)

ON

ON Semiconductor

$17.68

-0.235 (-1.31%)

NKE

Nike

$82.12

-0.51 (-0.62%)

ADDYY

Adidas

$0.00

(0.00%)

UAA

Under Armour

$23.54

0.075 (0.32%)

UA

Under Armour

$20.91

0.08 (0.38%)

FL

Foot Locker

$44.39

-8.455 (-16.00%)

VMC

Vulcan Materials

$126.28

1.25 (1.00%)

FLR

Fluor

$29.04

0.18 (0.62%)

ACM

Aecom

$31.56

-0.03 (-0.09%)

X

U.S. Steel

$13.63

-0.08 (-0.58%)

AKS

AK Steel

$2.00

-0.155 (-7.21%)

NUE

Nucor

$51.12

-0.27 (-0.53%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$12.85

0.11 (0.86%)

F

Ford

$9.83

-0.02 (-0.20%)

GM

General Motors

$35.13

0.01 (0.03%)

HMC

Honda

$25.45

0.175 (0.69%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$118.54

1.16 (0.99%)

VWAGY

Volkswagen

$0.00

(0.00%)

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UBER

Uber

$41.40

0.94 (2.32%)

17:49
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17:49
Hot Stocks
Uber board director Ryan Graves intends to resign »

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  • 30

    May

APTO

Aptose Biosciences

$2.01

0.03 (1.52%)

17:46
05/24/19
05/24
17:46
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Syndicate
Aptose Biosciences files for $40M at-the-market common stock offering »

Piper Jaffray and…

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  • 04

    Jun

TRNX

Taronis Technologies

$0.48

0.004 (0.84%)

17:26
05/24/19
05/24
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17:26
Syndicate
Breaking Syndicate news story on Taronis Technologies »

Taronis Technologies…

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USEG

U.S. Energy

$0.45

0.0373 (9.10%)

17:25
05/24/19
05/24
17:25
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17:25
Hot Stocks
U.S. Energy discloses Nasdaq notice regarding delayed 10-Q filing »

U.S. Energy announced…

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AAPL

Apple

$179.03

-0.64 (-0.36%)

17:22
05/24/19
05/24
17:22
05/24/19
17:22
Periodicals
Apple sued over allegedly selling users' iTunes data, Bloomberg says »

Apple is being sued by…

03/08/13
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  • 03

    Jun

SPCB

SuperCom

$1.17

-0.005 (-0.43%)

17:21
05/24/19
05/24
17:21
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17:21
Hot Stocks
SuperCom discloses Nasdaq notice regarding delayed 20-F filing »

SuperCom received a…

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USEG

U.S. Energy

$0.45

0.0373 (9.10%)

17:20
05/24/19
05/24
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17:20
Hot Stocks
U.S. Energy receives noncompliance notice from Nasdaq »

U.S. Energy announced…

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MYOV

Myovant Sciences

$12.39

-0.465 (-3.62%)

17:18
05/24/19
05/24
17:18
05/24/19
17:18
Syndicate
Breaking Syndicate news story on Myovant Sciences »

Myovant Sciences files to…

03/08/13
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03/06/13
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03/06/13
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MYOV

Myovant Sciences

$12.39

-0.465 (-3.62%)

17:17
05/24/19
05/24
17:17
05/24/19
17:17
Syndicate
Breaking Syndicate news story on Myovant Sciences »

Myovant Sciences files…

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