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BBY

Best Buy

$64.89

-0.9 (-1.37%)

, SSNLF

Samsung

$0.00

(0.00%)

13:04
05/24/19
05/24
13:04
05/24/19
13:04

Best Buy cancels preorders for Samsung's foldable phone, CNN reports

Best Buy (BBY) is canceling preorders for the Samsung (SSNLF) Galaxy Fold, informing customers who preordered the device of the cancellations in an email, CNN Business' Jordan Valinsky reports. "While Samsung continues to make progress in enhancing the Galaxy Fold, a new release date has not yet been announced," Best Buy confirmed it wrote in the email. "Because of this, we want to let you know that we are canceling all current preorders for the Galaxy Fold." The retailer also included a $100 savings code for future purchases, the author notes. Reference Link

BBY

Best Buy

$64.89

-0.9 (-1.37%)

SSNLF

Samsung

$0.00

(0.00%)

  • 29

    May

  • 30

    May

  • 11

    Jun

BBY Best Buy
$64.89

-0.9 (-1.37%)

04/24/19
JEFF
04/24/19
UPGRADE
Target $88
JEFF
Buy
Best Buy upgraded to Buy from Hold at Jefferies
Jefferies analyst Jonathan Matuszewski upgraded Best Buy to Buy from Hold and raised his price target for the shares to $88 from $72.
04/24/19
JEFF
04/24/19
UPGRADE
Target $88
JEFF
Buy
Jefferies upgrades Best Buy on services push with $88 price target
Jefferies analyst Jonathan Matuszewski upgraded Best Buy to Buy from Hold and raised his price target for the shares to $88 from $72. Survey and data work suggest Best Buy's greater push toward services will drive long-term value and customer wallet share, Matuszewski tells investors in a research note. The analyst now has increased confidence in the company's In-Home Advisor initiative and the "upward trajectory of high-margin services that it feeds," including Total Tech Support. Matuszewski also thinks the consumer electronics cycle will be stronger than many believe and that Best Buy is well positioned to capitalize. After analyzing the company's share of voice for top consumer electronics products and phrases, the analyst believes "outsized share gains lie ahead, especially as pricing versus peers improves.
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.
05/24/19
OPCO
05/24/19
NO CHANGE
Target $86
OPCO
Outperform
Oppenheimer says buy pullback in Best Buy shares
Oppenheimer analyst Brian Nagel reiterated an Outperform rating and $86 price target on Best Buy following the company's "solid" first quarter results and updated fiscal 2019 guidance, saying he would be a buyer of the pullback in shares. In a research note to investors, Nagel says he is encouraged by prospects for continued solid sales and gross margin expansion, and the potential for continued upside to EPS, driven in part by ongoing, aggressive cash flow and buybacks.
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).
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."
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.
05/14/19
CHLM
05/14/19
NO CHANGE
Target $14
CHLM
Buy
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.

TODAY'S FREE FLY STORIES

GTE

Gran Tierra

$1.61

-0.325 (-16.80%)

13:28
06/19/19
06/19
13:28
06/19/19
13:28
Hot Stocks
Gran Tierra down 16% after saying it will revise guidance, issue with blockades »

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GSK

GlaxoSmithKline

$40.52

0.29 (0.72%)

13:28
06/19/19
06/19
13:28
06/19/19
13:28
Periodicals
GlaxoSmithKline looks to raise GBP1B from portfolio disposals, Reuters says »

GlaxoSmithKline has…

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  • 20

    Jun

  • 29

    Aug

BYND

Beyond Meat

$166.15

-3.7 (-2.18%)

, YUM

Yum! Brands

$108.27

-0.42 (-0.39%)

13:25
06/19/19
06/19
13:25
06/19/19
13:25
Periodicals
Taco Bell not planning to add plant-based meat to its menu, CNBC says »

Yum Brands' (YUM)…

BYND

Beyond Meat

$166.15

-3.7 (-2.18%)

YUM

Yum! Brands

$108.27

-0.42 (-0.39%)

APO

Apollo Global

$33.92

0.485 (1.45%)

TACO

Del Taco

$11.37

-0.07 (-0.61%)

03/08/13
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ORCL

Oracle

$52.50

-0.38 (-0.72%)

, MSFT

Microsoft

$134.22

-0.98 (-0.72%)

13:25
06/19/19
06/19
13:25
06/19/19
13:25
On The Fly
Fly Intel: What to watch in Oracle's earnings report »

Oracle (ORCL) is…

ORCL

Oracle

$52.50

-0.38 (-0.72%)

MSFT

Microsoft

$134.22

-0.98 (-0.72%)

03/08/13
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  • 19

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  • 06

    Aug

13:25
06/19/19
06/19
13:25
06/19/19
13:25
Conference/Events
House Financial Services Committee to hold a hearing »

The Subcommittee on…

TOO

Teekay Offshore Partners

$1.15

0.02 (1.78%)

, BBU

Brookfield Business Partners

$39.47

1.54 (4.06%)

13:17
06/19/19
06/19
13:17
06/19/19
13:17
Hot Stocks
JDP says Brookfield Business offer for Teekay Offshore 'abusive, self-dealing' »

JDP Managing Partner…

TOO

Teekay Offshore Partners

$1.15

0.02 (1.78%)

BBU

Brookfield Business Partners

$39.47

1.54 (4.06%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
06/19/19
06/19
13:17
06/19/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
06/19/19
06/19
13:16
06/19/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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BK

BNY Mellon

$42.95

-0.27 (-0.62%)

13:15
06/19/19
06/19
13:15
06/19/19
13:15
Options
BNY Mellon put volume heavy and directionally bearish »

Bearish flow noted in BNY…

03/08/13
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  • 17

    Jul

  • 06

    Aug

RIO

Rio Tinto

$59.44

-2.745 (-4.41%)

13:06
06/19/19
06/19
13:06
06/19/19
13:06
Hot Stocks
Rio Tinto drops over 4% after reporting operational challenges »

Earlier today, Rio Tinto…

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AWK

American Water

$116.95

0.28 (0.24%)

13:03
06/19/19
06/19
13:03
06/19/19
13:03
Hot Stocks
California American Water desalination project wins $10M state grant »

The California Department…

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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MAT

Mattel

$11.62

-0.435 (-3.61%)

13:02
06/19/19
06/19
13:02
06/19/19
13:02
Hot Stocks
MGA calls off Mattel merger talks, says 'too much mess to clean up' »

MGA Entertainment CEO…

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TEVA

Teva

$8.30

-0.045 (-0.54%)

13:01
06/19/19
06/19
13:01
06/19/19
13:01
Hot Stocks
Teva announces U.S. launch of generic version of Tracleer »

Teva Pharmaceutical…

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Z

Zillow

$45.36

-1.1 (-2.37%)

13:00
06/19/19
06/19
13:00
06/19/19
13:00
Options
Zillow put buyer opens new short-term position »

Zillow put buyer opens…

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MAT

Mattel

$11.62

-0.43 (-3.57%)

12:59
06/19/19
06/19
12:59
06/19/19
12:59
Hot Stocks
Breaking Hot Stocks news story on Mattel »

MGA Entertainment CEO…

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CHS

Chico's

$3.24

0.14 (4.52%)

12:56
06/19/19
06/19
12:56
06/19/19
12:56
Hot Stocks
Sycamore Partners lowers takeover offer to Chico's to $3.00 per share »

In a regulatory filing,…

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CBAY

CymaBay

$7.00

-0.09 (-1.27%)

12:55
06/19/19
06/19
12:55
06/19/19
12:55
Options
CymaBay put volume heavy and directionally bearish »

Bearish flow noted in…

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MAT

Mattel

$11.58

-0.47 (-3.90%)

12:55
06/19/19
06/19
12:55
06/19/19
12:55
Hot Stocks
Breaking Hot Stocks news story on Mattel »

MGA Entertainment says no…

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KKR

KKR

$23.93

0.57 (2.44%)

12:50
06/19/19
06/19
12:50
06/19/19
12:50
Periodicals
KKR close to selling partial stake in $2B helicopter firm, Bloomberg says »

According to Elffie Chew…

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CHS

Chico's

$3.24

0.14 (4.52%)

12:49
06/19/19
06/19
12:49
06/19/19
12:49
Hot Stocks
Chico's erases gains after Bloomberg says Sycamore again lowered bid »

Chico's in midday…

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CHS

Chico's

$3.25

0.145 (4.68%)

12:48
06/19/19
06/19
12:48
06/19/19
12:48
Periodicals
Sycamore Partners lowers bid for Chico's to $3 per share, Bloomberg reports »

Sycamore Partners has…

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GIS

General Mills

$52.59

0.15 (0.29%)

12:45
06/19/19
06/19
12:45
06/19/19
12:45
Options
General Mills call volume above normal and directionally bullish »

Bullish option flow…

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  • 26

    Jun

  • 09

    Jul

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  • 11

    Jul

BIDU

Baidu

$117.13

0.26 (0.22%)

12:41
06/19/19
06/19
12:41
06/19/19
12:41
Periodicals
Baidu says Apollo Lite framework achieves level 4 autonomy, VB reports »

According to VB's…

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  • 21

    Jun

KR

Kroger

$23.62

-0.32 (-1.34%)

, DRI

Darden

$116.14

-1.8 (-1.53%)

12:35
06/19/19
06/19
12:35
06/19/19
12:35
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

KR

Kroger

$23.62

-0.32 (-1.34%)

DRI

Darden

$116.14

-1.8 (-1.53%)

03/08/13
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  • 20

    Jun

  • 20

    Jun

  • 25

    Jun

  • 27

    Jun

MDR

McDermott

$7.69

0.065 (0.85%)

12:35
06/19/19
06/19
12:35
06/19/19
12:35
Options
McDermott put volume heavy and directionally bearish »

Bearish flow noted in…

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