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SNAP

Snap

$11.19

-0.3 (-2.61%)

16:57
05/20/19
05/20
16:57
05/20/19
16:57

Snap names Derek Andersen new CFO, appoints Lara Sweet as Chief People Officer

Snap announced the appointment of Derek Andersen, currently Snap's Vice President of Finance, as Chief Financial Officer. Mr. Andersen will take over the responsibilities of interim CFO Lara Sweet and report to CEO Evan Spiegel. Snap also announced the appointment of Lara Sweet as Chief People Officer. In this new role, Ms. Sweet will oversee Snap's global talent acquisition and management strategies and processes, human resource functions and the overall team experience. She will report to Mr. Spiegel in this capacity, and continue as Chief Accounting Officer until a replacement is named. Both appointments are effective immediately.

  • 03

    Jun

SNAP Snap
$11.19

-0.3 (-2.61%)

04/24/19
JEFF
04/24/19
NO CHANGE
Target $13
JEFF
Hold
Snap shares already reflect Q1 improvements, says Jefferies
Jefferies analyst Brent Thill raised his price target for Snap to $13 from $11 but keeps a Hold rating on the shares following the company's Q1 results. Snap returned to user growth while also driving an acceleration of average revenue per user growth, Thill tells investors in a post-earnings research note. The analyst likes the trajectory of the business but believes the stock "already reflects these improvements."
04/24/19
04/24/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Eli Lilly (LLY) upgraded to Buy from Hold at Edward Jones. 2. Snap (SNAP) upgraded to In Line from Underperform at Evercore ISI and to Neutral from Underweight at JPMorgan. 3. Best Buy (BBY) upgraded to Buy from Hold at Jefferies with analyst Jonathan Matuszewski saying survey and data work suggest Best Buy's greater push toward services will drive long-term value and customer wallet share. 4. Procter & Gamble (PG) upgraded to Overweight from Equal Weight at Barclays with analyst Lauren Lieberman saying the market is shrugging off Procter & Gamble's 5% organic sales growth in its fiscal Q3, with many investors thinking this is the best it can get. 5. Sonoco (SON) upgraded to Buy from Hold at Argus with analyst David Coleman saying the stock has outperformed over the past 3 months, benefiting from its "accretive acquisitions, favorable pricing, improvements in productivity, and a lower effective tax rate." This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/30/19
JMPS
04/30/19
NO CHANGE
Target $1300
JMPS
Outperform
Alphabet price target lowered to $1,300 from $1,375 at JMP Securities
JMP Securities analyst Ronald Josey said competition "may have played a role" in Alphabet's (GOOGL) worse than expected Q1 revenue given that better than expected advertising results have recently been reported by Facebook (FB), Twitter (TWTR), Snap (SNAP) and Amazon (AMZN). However, he believes the "majority of the deceleration was self-imposed," he tells investors in a post-earnings research note. Some of the company's product changes, such as changes at YouTube's recommendation engine, likely acted as a headwind, the analyst surmised. Josey sees benefits from investments in hardware and Google Cloud and thinks that multiple monetization opportunities remain for Alphabet, leading him to maintain an Outperform rating on the stock, though he lowered his price target on shares to $1,300 from $1,375.
05/13/19
RBCM
05/13/19
INITIATION
Target $28
RBCM
Sector Perform
Pinterest initiated with a Sector Perform at RBC Capital
RBC Capital analyst Mark Mahaney initiated Pinterest with a Sector Perform rating and a price target of $28. The analyst is positive on the company's "very large market opportunity" in advertising and believes that it is benefiting from "powerful" secular tailwinds, boasting a monthly active user, or MAU, count above that of Twitter (TWTR) and growing the MAUs faster than Snap (SNAP). Despite his belief than Pinterest can sustain a double-digit growth rate in MAUs and Average Revenue Per User until 2021, Mahaney sees its stock as "reasonably valued" after a 50% run-up from its IPO price.

TODAY'S FREE FLY STORIES

GDX

VanEck Vectors Gold Miners ETF

$26.07

-0.09 (-0.34%)

10:30
06/25/19
06/25
10:30
06/25/19
10:30
Options
Position adjustment in Gold Miners ETF takes gains, extends long »

Position adjustment in…

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10:30
06/25/19
06/25
10:30
06/25/19
10:30
General news
The May U.S. new home sales report sharply undershot estimates »

The May U.S. new home…

BHC

Bausch Health

$24.91

1.15 (4.84%)

10:25
06/25/19
06/25
10:25
06/25/19
10:25
Options
Bausch Health call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
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  • 25

    Jun

10:25
06/25/19
06/25
10:25
06/25/19
10:25
General news
U.S. Richmond Fed manufacturing index dipped 2 points to back to 3 in June »

U.S. Richmond Fed…

10:20
06/25/19
06/25
10:20
06/25/19
10:20
General news
U.S. new home sales declined 7.8% to a 626k pace »

U.S. new home sales…

AGN

Allergan

$164.90

35.25 (27.19%)

, ABBV

AbbVie

$67.10

-11.31 (-14.42%)

10:18
06/25/19
06/25
10:18
06/25/19
10:18
On The Fly
Allergan jumps after AbbVie strikes $63B deal to buy Botox maker »

Shares of Allergan (AGN)…

AGN

Allergan

$164.90

35.25 (27.19%)

ABBV

AbbVie

$67.10

-11.31 (-14.42%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 25

    Jun

  • 16

    Sep

RMTI

Rockwell Medical

$3.04

0.09 (3.05%)

, HLNE

Hamilton Lane

$55.21

-0.32 (-0.58%)

10:18
06/25/19
06/25
10:18
06/25/19
10:18
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

RMTI

Rockwell Medical

$3.04

0.09 (3.05%)

HLNE

Hamilton Lane

$55.21

-0.32 (-0.58%)

PYX

Pyxus

$17.98

4.56 (33.98%)

SPTN

SpartanNash

$11.44

0.57 (5.24%)

JACK

Jack in the Box

$82.68

-0.15 (-0.18%)

YUM

Yum! Brands

$110.97

0.35 (0.32%)

CMG

Chipotle

$738.74

14.6 (2.02%)

SHAK

Shake Shack

$68.80

2.12 (3.18%)

MCD

McDonald's

$205.58

1.66 (0.81%)

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

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  • 25

    Jun

  • 27

    Jun

  • 09

    Jul

  • 09

    Jul

  • 23

    Jul

  • 26

    Jul

  • 08

    Aug

  • 14

    Aug

  • 26

    Sep

TIF

Tiffany

$91.18

-0.68 (-0.74%)

, GLOP

GasLog Partners

$20.70

-0.42 (-1.99%)

10:18
06/25/19
06/25
10:18
06/25/19
10:18
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

TIF

Tiffany

$91.18

-0.68 (-0.74%)

GLOP

GasLog Partners

$20.70

-0.42 (-1.99%)

K

Kellogg

$54.64

-1.12 (-2.01%)

DK

Delek US

$38.33

-0.795 (-2.03%)

BHF

Brighthouse Financial

$33.71

-4.39 (-11.52%)

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

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GRUB

GrubHub

$75.63

3.58 (4.97%)

, GTES

Gates Industrial

$11.25

0.435 (4.02%)

10:18
06/25/19
06/25
10:18
06/25/19
10:18
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

GRUB

GrubHub

$75.63

3.58 (4.97%)

GTES

Gates Industrial

$11.25

0.435 (4.02%)

GLOG

GasLog

$13.56

0.43 (3.27%)

SITE

SiteOne Landscape

$70.02

3.05 (4.55%)

LNC

Lincoln National

$62.31

-0.59 (-0.94%)

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

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  • 27

    Jun

  • 09

    Jul

  • 01

    Aug

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
06/25/19
06/25
10:17
06/25/19
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
06/25/19
06/25
10:16
06/25/19
10:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

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UPS

UPS

$97.99

-1.7 (-1.71%)

10:15
06/25/19
06/25
10:15
06/25/19
10:15
Options
UPS put volume heavy and directionally bearish »

Bearish flow noted in UPS…

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

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  • 25

    Jun

  • 26

    Jun

  • 24

    Jul

10:15
06/25/19
06/25
10:15
06/25/19
10:15
General news
U.S. June consumer confidence dropped 9.8 points to 121.5 »

U.S. June consumer…

10:10
06/25/19
06/25
10:10
06/25/19
10:10
General news
FX Action: The dollar »

FX Action: The dollar was…

BAC

Bank of America

$27.59

-0.39 (-1.39%)

10:05
06/25/19
06/25
10:05
06/25/19
10:05
Options
Bank of America call volume above normal and directionally bullish »

Bullish option flow…

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

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  • 17

    Jul

  • 06

    Aug

10:02
06/25/19
06/25
10:02
06/25/19
10:02
General news
Consumer Confidence data reported »

June Consumer Confidence…

10:02
06/25/19
06/25
10:02
06/25/19
10:02
General news
New Home Sales data reported »

May New Home Sales at…

ACER

Acer Therapeutics

$4.45

-14.72 (-76.79%)

10:02
06/25/19
06/25
10:02
06/25/19
10:02
Downgrade
Acer Therapeutics rating change  »

Acer Therapeutics…

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Citigroup
03/06/13
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  • 25

    Jun

AJG

Arthur J. Gallagher

$86.84

-0.12 (-0.14%)

10:01
06/25/19
06/25
10:01
06/25/19
10:01
Hot Stocks
Arthur J. Gallagher to acquire minority stake in Renomia a.s. »

Arthur J. Gallagher &…

03/08/13
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Barclays

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TMUS

T-Mobile

$75.47

-0.07 (-0.09%)

, S

Sprint

$6.83

-0.03 (-0.44%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Periodicals
Gasparino: T-Mobile, Sprint think 'today could be the day' for DOJ announcement »

FBN's Charles…

TMUS

T-Mobile

$75.47

-0.07 (-0.09%)

S

Sprint

$6.83

-0.03 (-0.44%)

DISH

Dish

$38.13

-0.46 (-1.19%)

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

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PPDF

PPDAI Group

$4.00

-0.32 (-7.41%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Hot Stocks
PPDAI Group falls -7.4% »

PPDAI Group is down…

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

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ABBV

AbbVie

$66.87

-11.545 (-14.72%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Hot Stocks
AbbVie falls -14.8% »

AbbVie is down -14.8%, or…

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

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  • 25

    Jun

  • 16

    Sep

FTSI

FTS International

$5.30

-0.47 (-8.15%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Hot Stocks
FTS International falls -7.5% »

FTS International is down…

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

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USNA

Usana

$79.01

6.605 (9.12%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Hot Stocks
Usana rises 9.4% »

Usana is up 9.4%, or…

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

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AGN

Allergan

$165.05

35.4 (27.30%)

10:00
06/25/19
06/25
10:00
06/25/19
10:00
Hot Stocks
Allergan rises 27.4% »

Allergan is up 27.4%, or…

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

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