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IMMR

Immersion

$9.22

-1.14 (-11.00%)

, SSNLF

Samsung

$0.00

(0.00%)

07:09
05/14/19
05/14
07:09
05/14/19
07:09

Immersion can get back to profitability in 2020, says Craig-Hallum

Craig-Hallum analyst Anthony Stoss raised his price target for Immersion (IMMR) to $14 from $12 after the company signed both Samsung (SSNLF) and Sony (SNE), and raised 2019 guide. The analyst thinks the company can get back to profitability in 2020 based on new deal signings and cost cuts. He reiterates a Buy rating on Immersion shares.

IMMR

Immersion

$9.22

-1.14 (-11.00%)

SSNLF

Samsung

$0.00

(0.00%)

SNE

Sony

$48.04

-1.71 (-3.44%)

  • 19

    May

  • 10

    Jun

  • 14

    Jun

IMMR Immersion
$9.22

-1.14 (-11.00%)

09/12/18
CHLM
09/12/18
UPGRADE
CHLM
Buy
Immersion upgraded to Buy from Hold at Craig-Hallum
09/12/18
09/12/18
UPGRADE
Target $15

Buy
Immersion upgraded to Buy on potential Samsung deal at Craig-Hallum
As previously reported, Craig-Hallum analyst Anthony Stoss upgraded Immersion (IMMR) to Buy from Hold as he believes the stock is now back into favorable risk/reward waters. The analyst notes that the company's new interim CEO has a long history of working with Samsung (SSNLF) to get deals done, and expects he will be aggressive in negotiating with the latter and a deal getting done sooner rather than later. Stoss also raised his price target on Immersion shares to $15 from $14.
09/12/18
09/12/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. TerraForm Power (TERP) upgraded to Neutral from Sell at Goldman Sachs with analyst Brian Lee saying the recent underperformance of the shares has driven a more balanced risk/reward profile. 2. Tiffany (TIF) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Nagel stating he believes the risk/reward trade-off in owning the stock nearer term is now much more favorable. 3. Best Inc. (BSTI) upgraded to Outperform from Neutral at Macquarie with analyst Eric Zong saying he believes Best's current valuation reflects the value of the express delivery business, approximately $6.53/share, but ignores the remaining business. 4. Immersion (IMMR) upgraded to Buy from Hold at Craig-Hallum with analyst Anthony Stoss stating he believes the stock is now back into favorable risk/reward waters. 5. DexCom (DXCM) upgraded to Market Perform from Underperform at Northland with analyst Suraj Kalia saying he was "dead wrong" on the stock and G6 should continue to grow. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/27/19
RILY
02/27/19
DOWNGRADE
Target $9.5
RILY
Neutral
Immersion downgraded to Neutral from Buy at B. Riley FBR
B. Riley FBR analyst Josh Nichols downgraded Immersion to Neutral and cut his price target for the shares to $9.50 from $18 following the company's Q4 results. The analyst says sustainable revenue growth and profitability "remain elusive" while Immersion's litigation risk is increasing.
SSNLF Samsung
$0.00

(0.00%)

04/11/19
KEYB
04/11/19
NO CHANGE
KEYB
Apple iPhone inventory/demand remains stable, says KeyBanc
KeyBanc analyst John Vinh says his latest carrier checks indicate Apple (AAPL) iPhone inventories have stabilized in March with sell-through tracking largely in line with stores' expectation. Meanwhile, feedback on the Samsung (SSNLF) GS10 has been "overwhelmingly positive," as most stores believe the new features have been a factor in driving sales, and keeping inventories at healthy levels, he contends. Given stabilizing iPhone trends and better than expected GS10 demand, the analyst sees favorable risk/reward for the mobile supply chain. Vinh recommends investors buy Broadcom (AVGO) and Qorvo (QRVO).
05/07/19
BMOC
05/07/19
NO CHANGE
Target $28
BMOC
Outperform
Marvell price target raised to $28 from $22 at BMO Capital
BMO Capital analyst Ambrish Srivastava raised his price target on Marvell (MRVL) to $28 and kept his Outperform rating, citing the "attractive valuation" and the recent underperformance of the shares. The analyst is also positive on the company's attractive free cash flow yield, potential for communications infrastructure industry design activity wins, and his expected 35c EPS accretion from its Samsung (SSNLF) and Nokia (NOK) contract wins.
04/15/19
RBCM
04/15/19
NO CHANGE
Target $225
RBCM
Outperform
ASML price target raised to $225 from $195 at RBC Capital
RBC Capital analyst Mitch Steves raised his price target on ASML (ASML) to $225 and kept his Outperform rating ahead of its March quarter earnings. The analyst expects the results to be "largely in-line" but also contain bullish commentary for the second half of 2019, which he sees as a "focal point given investor focus on Extreme UltraViolet, or EUV, ramps" to finish this year. Steves adds that he is positive on the EUV demand debate, with his checks suggesting that the 5nm products are "tracking to plan". The analyst further points to "recent news articles suggesting that Samsung (SSNLF) is ramping up EUV-related CapEx."
04/08/19
COWN
04/08/19
UPGRADE
Target $30
COWN
Outperform
Cowen says Pure Storage benefits from NAND oversupply, upgrades to Outperform
Cowen analyst Karl Ackerman upgraded Pure Storage to Outperform from Market Perform as he expects Samsung (SSNLF), which controls about 38% of the NAND market, to maximize share over profits, which he thinks should push NAND prices down at least 40% for calendar 2019. Pure Storage (PSTG) is the most significant beneficiary of this dynamic and a "pure play" on NAND oversupply, said Ackerman, who sees demand elasticity for all-flash arrays, most notably Pure Storage's all-flash array portfolio. He raised his price target on Pure Storage shares to $30 from $20, stating that he believes the company's transformation toward a Storage-As-A-Service model warrants a higher stock multiple.
SNE Sony
$48.04

-1.71 (-3.44%)

04/23/19
MACQ
04/23/19
UPGRADE
MACQ
Outperform
Sony upgraded to Outperform from Neutral at Macquarie
04/23/19
04/23/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Qualcomm (QCOM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst James Faucette citing his view that the market has "not yet fully appreciated" the impact of the company's settlement with Apple (AAPL), which he thinks not only increases earnings substantially while also expanding the freedom with which Qualcomm can pursue new opportunities. 2. Kimberly-Clark (KMB) upgraded to Buy from Hold at Argus and to Outperform from Neutral at Macquarie. 3. Sanderson Farms (SAFM) upgraded to Neutral from Sell at Goldman Sachs with analyst Adam Samuelson saying African swine fever is upending the protein markets, Samuelson tells investors in a research note. 4. Visteon (VC) upgraded to Outperform from Neutral at Baird while Veoneer (VNE) was upgraded to Neutral from Underperform. 5. Sony (SNE) upgraded to Outperform from Neutral at Macquarie. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/24/19
04/24/19
INITIATION
Target $18

Buy
Chicken Soup for the Soul initiated with a Buy at Maxim
As previously reported, Maxim analyst Allen Klee initiated Chicken Soup for the Soul (CSSE) with a Buy rating and a price target of $18. The analyst expects the company's Crackle Plus online streaming joint venture with Sony (SNE) to double the company's revenues in 2019, making it "one of the largest players in the attractive advertising video-on-demand market." Klee also cites Chicken Soup for the Soul's "strong brands, accretive acquisitions, low risk TV production, and revenue streams from production/distribution/advertising", positioning the company for longer term growth. The analyst further cites the attractive valuation for the shares at 12-times his expected 2019 adjusted EBITDA.
04/16/19
BARD
04/16/19
NO CHANGE
BARD
Sony 'PS5' details largely in line with expectations, says Baird
After Sony (SNE) shared details around its upcoming next-generation game console, widely referred to as the "PlayStation 5," Baird analyst Colin Sebastian said the details - including plans for significant GPU and CPU upgrades and the inclusion of a solid state hard drive - are largely in line with his expectations and support his view that the next generation of consoles should be "a major catalyst" for software sales in 2020-2021 and beyond. Sony's announcement that the next-gen console will include a physical disc drive is a potential positive for GameStop's (GME) used and pre-owned console software segments, added Sebastian. Video game software makers include Electronic Arts (EA), Take-Two (TTWO) and Activision Blizzard (ATVI).

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

$0.00

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11:17
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05/23
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11:17
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NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
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NYSE market internals summary »

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11:15
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General news
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MICT

Micronet Enertec

$0.99

(0.00%)

11:10
05/23/19
05/23
11:10
05/23/19
11:10
Hot Stocks
Micronet Enertec receives two orders totaling $1.3M for SmartHub platform »

MICT announced that…

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EQT

EQT Corporation

$19.64

-0.31 (-1.55%)

11:10
05/23/19
05/23
11:10
05/23/19
11:10
Hot Stocks
EQT Corporation files definitive proxy, mails letter to shareholders »

EQT Corporation announced…

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HTHT

Huazhu Group

$32.60

-1.81 (-5.26%)

11:10
05/23/19
05/23
11:10
05/23/19
11:10
Downgrade
Huazhu Group rating change  »

Huazhu Group downgraded…

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  • 23

    May

USO

United States Oil Fund

$12.09

-0.66 (-5.18%)

11:10
05/23/19
05/23
11:10
05/23/19
11:10
Options
Customer rolls US Oil ETF puts for 233% gain as oil sells off »

Customer rolls US Oil ETF…

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RTLR

Rattler Midstream

$0.00

(0.00%)

, FANG

Diamondback Energy

$104.01

-4.86 (-4.46%)

11:09
05/23/19
05/23
11:09
05/23/19
11:09
Syndicate
Rattler Midstream opens at $18.06, IPO priced at $17.50 per share »

Rattler Midstream (RTLR)…

RTLR

Rattler Midstream

$0.00

(0.00%)

FANG

Diamondback Energy

$104.01

-4.86 (-4.46%)

03/08/13
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  • 06

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FCX

Freeport McMoRan

$9.94

-0.11 (-1.09%)

11:05
05/23/19
05/23
11:05
05/23/19
11:05
Options
Freeport McMoRan call volume above normal and directionally bullish »

Bullish option flow…

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  • 12

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IBM

IBM

$132.49

-3.53 (-2.60%)

11:04
05/23/19
05/23
11:04
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11:04
Hot Stocks
ProcessMap, IBM announce joint initiative to develop IoT solutions »

ProcessMAP and IBM…

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  • 23

    May

11:04
05/23/19
05/23
11:04
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11:04
General news
Kansas City Fed Manufacturing Index Level data reported »

May Kansas City Fed…

LB

L Brands

$24.88

0.59 (2.43%)

10:59
05/23/19
05/23
10:59
05/23/19
10:59
On The Fly
Analysts remain cautious on L Brands despite stronger quarter »

Shares of L Brands (LB)…

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  • 23

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IDYA

IDEAYA Biosciences

$0.00

(0.00%)

10:57
05/23/19
05/23
10:57
05/23/19
10:57
Syndicate
Breaking Syndicate news story on IDEAYA Biosciences »

IDEAYA Biosciences opens…

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  • 23

    May

CNX

CNX Resources

$7.56

-0.26 (-3.32%)

10:50
05/23/19
05/23
10:50
05/23/19
10:50
Options
Size put option block in CNX after calls bought yesterday »

Size put option block in…

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  • 29

    May

10:50
05/23/19
05/23
10:50
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10:50
General news
Treasury Action: yields have extended lower as Wall Street sinks »

Treasury Action: yields…

AZZ

AZZ Inc.

$43.62

(0.00%)

10:46
05/23/19
05/23
10:46
05/23/19
10:46
Hot Stocks
AZZ Inc. discloses change in independent registered public accounting firm »

In a regulatory filing,…

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GSK

GlaxoSmithKline

$39.97

-0.22 (-0.55%)

10:45
05/23/19
05/23
10:45
05/23/19
10:45
Hot Stocks
GSK to change sales representative incentive program »

The company said,…

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  • 20

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10:45
05/23/19
05/23
10:45
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10:45
General news
he April U.S. new home sales report beat estimates »

The April U.S. new home…

10:45
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10:45
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General news
Kansas City Fed Manufacturing Index Level to be reported at 11:00 »

May Kansas City Fed…

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05/23
10:45
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10:45
General news
Breaking General news story  »

6-Month Bill Announcement…

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General news
Breaking General news story  »

3-Month Bill Announcement…

RTLR

Rattler Midstream

$0.00

(0.00%)

10:43
05/23/19
05/23
10:43
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10:43
Syndicate
Breaking Syndicate news story on Rattler Midstream »

Rattler Midstream…

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  • 23

    May

XLE

Energy Select Sector SPDR

$61.29

-2.23 (-3.51%)

10:40
05/23/19
05/23
10:40
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10:40
Options
Massive ratio put spread in Energy SPDR ETF adjust profitable position »

Massive ratio put spread…

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ACAD

Acadia

$24.78

-0.33 (-1.31%)

, ALKS

Alkermes

$24.44

-0.61 (-2.44%)

10:39
05/23/19
05/23
10:39
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10:39
Conference/Events
JPMorgan biotech analysts to hold an analyst/industry conference call »

Biotech Analysts Fye,…

ACAD

Acadia

$24.78

-0.33 (-1.31%)

ALKS

Alkermes

$24.44

-0.61 (-2.44%)

ITCI

Intra-Cellular

$13.49

0.41 (3.13%)

NBIX

Neurocrine

$78.73

-1.14 (-1.43%)

SAGE

Sage Therapeutics

$173.51

-1.49 (-0.85%)

03/08/13
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