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PVTL

Pivotal Software

$19.90

-1.5 (-7.01%)

17:22
05/31/19
05/31
17:22
05/31/19
17:22

Pivotal Software awarded $121.35M Air Force follow-on agreement

Pivotal Software has been awarded a $121.35M ceiling, fixed-base, production, other transaction agreement for support of Air Force Life Cycle Management Center Detachment 12, Kessel Run. This agreement provides for utilization of the prototyped methodology and the software and services that support them across the entire Air Force Air Operations Center, serving as a follow-on to the prototype agreement between Pivotal Software and the Army Contracting Command-New Jersey. Work will be performed primarily in Boston and Cambridge, Massachusetts; and Washington, District of Columbia, and is expected to be complete by May 30, 2020. This award is the result of a sole-source acquisition. FY19 operations and maintenance funds in the amount of $668,750; and FY19 research, development, test and evaluation funds in the amount of $19.12M, are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.

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    Jun

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PVTL Pivotal Software
$19.90

-1.5 (-7.01%)

03/06/19
GSCO
03/06/19
DOWNGRADE
Target $177
GSCO
Sell
VMware downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Heather Bellini downgraded VMware (VMW) to Sell from Neutral with an unchanged price target of $177. The stock closed yesterday up 37c to $172.69. The analyst this morning also downgraded Pivotal Software (PVTL) to Neutral from Buy. While VMware has done an excellent job diversifying its revenue base away from core virtualization, the benefit from the resurgence in on-premise spending is starting to face more normalized comps, Bellini tells investors in a research note. The analyst is optimistic on the company's revenue potential from partnerships with platforms such as Amazon Web Services (AMZN), but she believes the stock's current multiple is factoring in "material upside" to revenue and earnings estimates in 2019 and 2020.
03/06/19
03/06/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. TripAdvisor (TRIP) downgraded to Underperform from Market Perform at Cowen with analyst Kevin Kopelman citing a weak start to 2019, expectations for weaker usage, and worries about younger age demos using Google (GOOG). 2. Teva (TEVA) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst David Risinger citing his belief that the stock's premium valuation largely prices in expectations for upside in the coming quarters due to cost cutting and conservative Copaxone guidance. 3. VMware (VMW) downgraded to Sell from Neutral at Goldman Sachs, while Pivotal Software (PVTL) was downgraded to Neutral from Buy. 4. Ormat Technologies (ORA) downgraded to Neutral from Overweight at JPMorgan with the firm's analyst citing a lack of catalysts for share appreciation in 2019. 5. CSX (CSX) downgraded to Hold from Buy at Stifel with analyst Michael Baudendistel saying he no longer sees a solid reason why shares should outperform the market in the next twelve months. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/15/19
WEDB
03/15/19
NO CHANGE
WEDB
Pivotal Software delivers 'mixed' Q4 results, says Wedbush
Wedbush analyst Daniel Ives maintained an Outperform rating on Pivotal Software and raised his price target on shares to $26 from $25 after the company reported "mixed headline results" for Q4. Ives was optimistic on the subscriptions growth of 50% year-over-year, as well as the billings beating by 20%+, but also noted the company gave conservative guidance for Q1 and FY20 which weighed on the stock after-hours. The analyst believes the disappointment is "near-sighted" as the underlying subscription story at Pivotal is "humming into FY20."
04/15/19
JPMS
04/15/19
NO CHANGE
Target $77
JPMS
Overweight
Dell Technologies price target raised to $77 from $68 at JPMorgan
JPMorgan analyst Paul Coster raised his price target "again" for Dell Technologies (DELL) to $77 from $68 to reflect the company's share of its publicly-traded subsidiaries Pivotal Software (PVTL), Secureworks (SCWX) and VMware (VMW). The analyst notes that he uses a "lower conglomerate-discount owing to growing evidence that this federation of companies is delivering synergies." Coster keeps an Overweight rating on Dell Technologies.

TODAY'S FREE FLY STORIES

LEN

Lennar

$50.94

-0.47 (-0.91%)

11:33
06/25/19
06/25
11:33
06/25/19
11:33
Earnings
Lennar sees Q3 EPS $1.25-$1.35, consensus $1.52 »

Sees Q3 new orders of…

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11:30
06/25/19
06/25
11:30
06/25/19
11:30
General news
Treasury announced a $75 B batch of auctions for Thursday »

Treasury announced a $75…

ACER

Acer Therapeutics

$4.31

-14.86 (-77.52%)

11:25
06/25/19
06/25
11:25
06/25/19
11:25
Downgrade
Acer Therapeutics rating change  »

Acer Therapeutics…

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CLDR

Cloudera

$5.53

0.005 (0.09%)

11:25
06/25/19
06/25
11:25
06/25/19
11:25
Options
Cloudera call volume above normal and directionally bullish »

Bullish option flow…

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CODI

Compass Diversified

$19.00

0.345 (1.85%)

11:25
06/25/19
06/25
11:25
06/25/19
11:25
Conference/Events
Compass Diversified to host investor & analyst meeting »

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UMC

UMC

$2.14

-0.01 (-0.47%)

11:23
06/25/19
06/25
11:23
06/25/19
11:23
Upgrade
UMC rating change  »

UMC upgraded to…

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  • 24

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ACER

Acer Therapeutics

$4.30

-14.87 (-77.57%)

11:18
06/25/19
06/25
11:18
06/25/19
11:18
Downgrade
Acer Therapeutics rating change  »

Acer Therapeutics…

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  • 25

    Jun

IBKR

Interactive Brokers

$52.52

0.07 (0.13%)

, ETFC

E-Trade

$44.03

-0.54 (-1.21%)

11:17
06/25/19
06/25
11:17
06/25/19
11:17
Conference/Events
Sandler O'Neill financial analyst to hold an analyst/industry conference call »

Financial Analyst Repetto…

IBKR

Interactive Brokers

$52.52

0.07 (0.13%)

ETFC

E-Trade

$44.03

-0.54 (-1.21%)

SCHW

Charles Schwab

$39.09

-0.06 (-0.15%)

AMTD

TD Ameritrade

$47.90

-0.19 (-0.40%)

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    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
06/25/19
06/25
11:17
06/25/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
06/25/19
06/25
11:16
06/25/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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DLTR

Dollar Tree

$110.51

-2.21 (-1.96%)

11:15
06/25/19
06/25
11:15
06/25/19
11:15
Options
Dollar Tree put volume heavy and directionally bearish »

Bearish flow noted in…

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PBR

Petrobras

$16.24

-0.34 (-2.05%)

11:05
06/25/19
06/25
11:05
06/25/19
11:05
Options
Petrobras call volume above normal and directionally bullish »

Bullish option flow…

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  • 26

    Jun

RDS.B

Royal Dutch Shell

$66.83

0.04 (0.06%)

11:02
06/25/19
06/25
11:02
06/25/19
11:02
Conference/Events
Royal Dutch Shell management to meet with JPMorgan »

Meetings to be held in…

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  • 25

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MSADY

MS&AD Insurance

$0.00

(0.00%)

11:00
06/25/19
06/25
11:00
06/25/19
11:00
Conference/Events
MS&AD Insurance management to meet with JPMorgan »

Meetings to be held in…

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DNKN

Dunkin' Brands

$79.51

-1.5 (-1.85%)

, GRUB

GrubHub

$75.00

2.95 (4.09%)

11:00
06/25/19
06/25
11:00
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11:00
On The Fly
Grubhub upgrade, Brighthouse downgrades among today's top analyst actions »

Check out today's top…

DNKN

Dunkin' Brands

$79.51

-1.5 (-1.85%)

GRUB

GrubHub

$75.00

2.95 (4.09%)

BHF

Brighthouse Financial

$34.28

-3.82 (-10.03%)

MSFT

Microsoft

$135.30

-2.5 (-1.81%)

AMZN

Amazon.com

$1,887.85

-25.58 (-1.34%)

SHAK

Shake Shack

$67.38

0.7 (1.05%)

CMG

Chipotle

$735.05

10.91 (1.51%)

SBUX

Starbucks

$84.19

0.54 (0.65%)

MCD

McDonald's

$204.99

1.07 (0.52%)

YUM

Yum! Brands

$110.44

-0.18 (-0.16%)

WEN

Wendy's

$19.21

0.06 (0.31%)

JACK

Jack in the Box

$81.61

-1.22 (-1.47%)

TIF

Tiffany

$90.50

-1.36 (-1.48%)

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    Nov

11:00
06/25/19
06/25
11:00
06/25/19
11:00
General news
The U.S. consumer confidence drop to a 2-year low »

The U.S. consumer…

HR

Healthcare Realty Trust

$32.43

0.23 (0.71%)

10:59
06/25/19
06/25
10:59
06/25/19
10:59
Conference/Events
Healthcare Realty Trust management to meet with JPMorgan »

Meetings to be held in…

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  • 25

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UN

Unilever; also tag UL

$61.77

-0.11 (-0.18%)

, UL

Unilever; also tag UN

$62.81

-0.11 (-0.17%)

10:59
06/25/19
06/25
10:59
06/25/19
10:59
Periodicals
Unilever to close Nevada plant, impacting about 300 jobs, Reuters reports »

Unilever plans to close…

UN

Unilever; also tag UL

$61.77

-0.11 (-0.18%)

UL

Unilever; also tag UN

$62.81

-0.11 (-0.17%)

03/08/13
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BCKIF

Babcock

$0.00

(0.00%)

10:57
06/25/19
06/25
10:57
06/25/19
10:57
Conference/Events
Babcock management to meet with JPMorgan »

Meetings to be held in…

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  • 25

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ALKS

Alkermes

$21.78

0.19 (0.88%)

10:55
06/25/19
06/25
10:55
06/25/19
10:55
Conference/Events
Alkermes management to meet with JPMorgan »

Meetings to be held in…

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  • 25

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HRL

Hormel Foods

$41.11

-1.04 (-2.47%)

10:55
06/25/19
06/25
10:55
06/25/19
10:55
Options
Hormel Foods put volume heavy and directionally bearish »

Bearish flow noted in…

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10:55
06/25/19
06/25
10:55
06/25/19
10:55
General news
Treasury 2-year auction outlook: today's auction will be a test »

Treasury 2-year auction…

EEFT

Euronet

$161.01

-1.51 (-0.93%)

10:55
06/25/19
06/25
10:55
06/25/19
10:55
Conference/Events
Euronet management to meet with William Blair »

Group Luncheon Meeting to…

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UBER

Uber

$43.35

0.35 (0.81%)

10:52
06/25/19
06/25
10:52
06/25/19
10:52
Initiation
Uber initiated at Daiwa »

Uber initiated with a…

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10:45
06/25/19
06/25
10:45
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10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

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