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NKE

Nike

$82.87

-0.76 (-0.91%)

, TCEHY

Tencent

$0.00

(0.00%)

13:56
05/22/19
05/22
13:56
05/22/19
13:56

Epic Games' Fortnite announces limited time event featuring Nike's Jumpman

In a post to the Fortnite blog yesterday titled "Game Recognize Game", Epic Games announced the "Downtown Drop LTM by Jordan," a collaboration with Nike's Jumpman brand. Investors in Epic include Tencent (TCEHY), Disney (DIS), and KKR (KKR). Reference Link

NKE

Nike

$82.87

-0.76 (-0.91%)

TCEHY

Tencent

$0.00

(0.00%)

DIS

Disney

$133.91

-0.2 (-0.15%)

KKR

KKR

$24.93

-0.03 (-0.12%)

  • 23

    May

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    Jun

  • 25

    Jun

NKE Nike
$82.87

-0.76 (-0.91%)

04/18/19
PIPR
04/18/19
NO CHANGE
Target $30
PIPR
Overweight
Under Armour Q1 expectations 'at least achievable,' says Piper Jaffray
Piper Jaffray analyst Erinn Murphy says her work year-to-date indicates generally well controlled inventory across the domestic athletic industry. Currently, Under Armour (UAA) online clearance styles are down 19% year-over-year versus Nike's (NKE) down 5% and Adidas' (ADDYY) up 96%. The analyst believes industry competition "should remain rational" during 2019. Further, Q1 consensus expectations for Under Armour are "at least achievable" and management should maintain fiscal 2019 guidance, Murphy tells investors in a pre-earnings research note. The analyst this quarter has seen on-going traction with HOVR's footwear platform, broader focus with Under Armour's women's and a well-supported launch of Rush. She keeps an Overweight rating on Under Armour shares with a $30 price target.
04/10/19
SBSH
04/10/19
INITIATION
Target $100
SBSH
Buy
Nike assumed with a Buy rating, $100 price target at Citi
Citi analyst Paul Lejuez assumed coverage of Nike from Kate McShane and kept a Buy rating on the shares. He raised his price target for the stock to $100 from $96. Nike is the dominant player in the global athletic footwear and apparel market, which is a "healthy and growing market buoyed by structural tailwinds," Lejuez tells investors in a research note.
04/10/19
SBSH
04/10/19
DOWNGRADE
Target $68
SBSH
Neutral
Foot Locker assumed with a Neutral from Buy at Citi
Citi analyst Paul Lejuez assumed coverage of Foot Locker (FL) from Kate McShane and downgraded the shares to Neutral from Buy. He also lowered his price target for the stock to $68 from $72. While Foot Locker has "tailwinds at its back" in North America with comps inflecting positively in Q4, the company still faces many of the same headwinds as other specialty retailers given its "significant" mall exposure and EBIT pressure from direct-to-consumer, Lejuez tells investors in a research note. He believes Nike's direct-to-consumer ambitions are a "secular headwind" for Foot Locker.
04/12/19
JEFF
04/12/19
NO CHANGE
JEFF
Under Armour discounts flat to down for 12th straight month, says Jefferies
Jefferies analyst Randal Konik says his firm's March webscrapes illustrate that Under Armour's (UAA) percentage of product on discount is flat to down for the twelfth month in a row year-over-year, Jefferies analyst Randal Konik tells investors in a research note. Further, the webscrapes show Adidas's (ADDYY) percentage of product on discount is up for the twelfth month in a row year-over-year, adds the analyst. In addition, visits to Finish Line (FINL), Foot Locker (FL), and Under Armour websites reveal the HOVR, Project Rock, and Curry 6 are sold out in several sizes, indicating strong demand, says Konik. He believes Nike (NKE) continues to dominate Adidas in running in the U.S., with strength in Air VaporMax and Air Max 270. The analyst also thinks the data bodes well for Under Armour's's sales and margins in Q1.
TCEHY Tencent
$0.00

(0.00%)

03/22/19
BNCH
03/22/19
NO CHANGE
BNCH
Buy
Tencent price target raised to HK$400 from HK$360 at Benchmark
Benchmark analyst Fawne Jiang said Tencent reported "solid" Q4 results, with revenue upside driven largely by growth in payments and cloud services. She expects the company's online gaming business to recover gradually during 2019 with the resumption of game approvals. Jiang maintains a Buy rating on Tencent and raised her price target on the shares to HK$400 from HK$360.
01/29/19
01/29/19
DOWNGRADE
Target $74

Neutral
YY downgraded to Neutral on slowing Live business at Nomura Instinet
As previously reported, Nomura Instinet analyst Jialong Shi downgraded YY (YY) to Neutral from Buy as the company struggles to find a new driver for its slowing YY Live business, which is facing rising competition from Tencent-backed (TCEHY) Kuaishou and Kugou. Shi cut FY19 revenue and earnings estimates for YY by 3% and 5%, respectively, and lowered the price target on the stock to $74 from $75.
03/18/19
OPCO
03/18/19
NO CHANGE
Target $195
OPCO
Outperform
Facebook looking to emulate WeChat ecosystem, says Oppenheimer
In the wake of recent Facebook (FB) employee departures, product announcements and regulatory risk, Oppenheimer analyst Jason Helfstein views WhatsApp and Instagram's founders departure as related to those products being integrated into Facebook. CPO Cox's departure confirms Zuckerberg is likely to purse a more aggressive product refresh, he contends, adding that Facebook appears to want to emulate Tencent (TCEHY) WeChat's ecosystem, allowing information sharing, communications and commerce in a single application. Lastly, Helfstein views Facebook's announcement of the "Clear History" tool as a way to get in front of potential U.S. and international regulation of consumer internet data. The analyst reiterates an Outperform rating and $195 price target on Facebook's shares.
04/09/19
OPCO
04/09/19
INITIATION
OPCO
Outperform
Tencent initiated with an Outperform at Oppenheimer
Oppenheimer analyst Jason Helfstein started Tencent Holdings with an Outperform rating and $55 price target. Despite slowing online gaming sales in China, Tencent should continue to lead the gaming industry with innovations and better consumer engagement, Helfstein tells investors in a research note. Further, the analyst sees "ample runway" for the company's advertising business with the largest online audience in China.
DIS Disney
$133.91

-0.2 (-0.15%)

05/09/19
JPMS
05/09/19
NO CHANGE
Target $150
JPMS
Overweight
Disney continues to deliver in every segment, says JPMorgan
JPMorgan analyst Alexia Quadrani reiterates an Overweight rating on Disney with a $150 price target following last night's "strong" quarter. The company's upside to revenue and profits was driven by the core business, which has largely been overshadowed in recent months in anticipation of the Disney+ unveiling, Quadrani tells investors in a post-earnings research note. She believes Disney continues to deliver in every segment, with notable upside this quarter at the Parks. However, the stock may remain range bound near term following the recent run as near-term estimates fluctuate given the lack of clarity around Fox's financial contribution, says the analyst. Nonetheless, she believes Disney shares have the potential to further re-rate in the longer term.
05/09/19
FBCO
05/09/19
NO CHANGE
Target $130
FBCO
Neutral
Disney price target raised to $130 from $114 at Credit Suisse
Credit Suisse analyst Douglas Mitchelson raised his price target for Disney to $130 from $114 as he believes adding Fox is accretive to long-term value, increasing terminal growth to 3% from 2%, and rolling his target forward one year to 2019. The analyst reiterates a Neutral rating on the shares.
05/13/19
PIPR
05/13/19
NO CHANGE
Target $440
PIPR
Overweight
Piper survey shows limited risk to Netflix from Disney streaming service
Piper Jaffray asked 1,536 U.S. Netflix (NFLX) subscribers if they would subscribe to both Disney's (DIS) new streaming service and Netflix, only Netflix or only Disney+, analyst Michael Olson tells investors in a research note. Piper indicated that the Disney+ price point is $7 per month, which it believes will prove to be only an introductory price. The results show that 73% of U.S. Netflix subscribers do not expect to subscribe to Disney+, 20% expect to subscribe to both services, and only 7% indicated that they will cancel Netflix and subscribe to Disney+, Olson tells investors in a research note. The results suggest Netflix's risk of share loss is limited to a small percentage of its base, concludes the analyst. As such, he expects Netflix to continue to "capture a significant portion of the tidal wave of traditional content dollars that are migrating to streaming." Olson maintains an Overweight rating on Netflix shares with a $440 price target. The stock closed Friday down $1.71 to $361.04.
05/15/19
MSCO
05/15/19
NO CHANGE
MSCO
Overweight
Disney will have 'high class problem' if it has to pay more for Hulu, says Morgan Stanley
After Disney (DIS) and Comcast (CMCSA) announced a new agreement regarding their Hulu joint venture, Morgan Stanley analyst Benjamin Swinburne said the new pact is indicative of the priorities of both companies. Operational control of Hulu give Disney a chance to bundle the service with Disney Plus and/or ESPN Plus, allows for international expansion and likely creates some cost synergies, said Swinburne, who added that Disney will have "a high class problem" if it turns out if Hulu is appraised at a higher value when it comes time to buy out Comcast. For Comcast, the new deal gives it downside protection and content flexibility as it builds out its own streaming plans, the analyst added. He keeps Overweight ratings on both Disney and Comcast, concluding that the deal between the media giants will accelerate the transition from legacy TV to streaming.
KKR KKR
$24.93

-0.03 (-0.12%)

05/21/19
FBCO
05/21/19
DOWNGRADE
FBCO
Neutral
KKR downgraded to Neutral from Outperform at Credit Suisse
05/21/19
05/21/19
DOWNGRADE
Target $29

Neutral
KKR downgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst Craig Siegenthaler downgraded KKR to Neutral from Outperform, with a $29 price target. The analyst cited a lower relative 12-month total return forecast and following the stock's 25%-30% total return year to date. Siegenthaler is re-focusing on the alts that will benefit from recent/future C-Corp conversions, generate stronger than expected fee-related earnings growth and experience less negative earnings revisions in the next economic recession.
05/21/19
05/21/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. KKR (KKR) downgraded to Neutral from Outperform at Credit Suisse analyst Craig Siegenthaler citing a lower relative 12-month total return forecast and following the stock's 25%-30% total return year to date. 2. Ocular Therapeutix (OCUL) downgraded to Market Perform from Strong Buy at Raymond James and to Market Perform from Outperform at Cowen. 3. CAE (CAE) downgraded to Market Perform from Outperform at BMO Capital and to Hold from Buy citing "limited potential returns." 4. Tremont Mortgage Trust (TRMT) downgraded to Neutral from Buy at UBS with analyst Brock Vandervliet saying last week's surprising capital raise has eroded shareholder value. 5. Carlyle Group (CG) downgraded to Neutral from Outperform at Credit Suisse with analyst Craig Siegenthaler citing a lower relative 12-month total return forecast and following the stock's mid-30% total return year to date. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/02/19
BERN
04/02/19
DOWNGRADE
BERN
Underperform
KKR downgraded to Underperform from Market Perform at Bernstein

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FXI

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HSY

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MFGP

Micro Focus

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Micro Focus

$21.23

0.57 (2.76%)

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Wells Fargo

$45.45

0.15 (0.33%)

ARLP

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$16.87

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WUBA

58.com

$57.07

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RL

Ralph Lauren

$111.09

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Levi Strauss

$18.76

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PVH Corp.

$89.89

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$NYE

NYSE Market Internals

$0.00

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DOYU

DouYu

$0.00

(0.00%)

10:15
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  • 17

    Jul

LEVI

Levi Strauss

$18.74

-1.07 (-5.40%)

10:15
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DOYU

DouYu

$0.00

(0.00%)

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  • 17

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DOYU

DouYu

$0.00

(0.00%)

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  • 17

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DOYU

DouYu

$0.00

(0.00%)

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  • 17

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TELL

Tellurian

$6.94

-0.74 (-9.64%)

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CTK

CooTek

$9.17

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GWB

Great Western

$32.31

-2.69 (-7.69%)

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NUS

Nu Skin

$37.55

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  • 06

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NM

Navios Maritime

$5.64

0.3 (5.62%)

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FSM

Fortuna Silver Mines

$3.36

0.185 (5.83%)

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ORN

Orion Group

$4.12

0.36 (9.57%)

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  • 13

    Nov

TSLA

Tesla

$257.74

5.36 (2.12%)

09:57
07/17/19
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  • 24

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ABT

Abbott

$86.34

3.23 (3.89%)

09:56
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  • 17

    Jul

KKR

KKR

$26.05

0.01 (0.04%)

09:55
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  • 25

    Jul

NCI

Navigant Consulting

$23.68

(0.00%)

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