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AMCX

AMC Networks

$52.77

-0.78 (-1.46%)

04:47
06/03/19
06/03
04:47
06/03/19
04:47

AMC Networks upgraded to In-Line from Underperform at Imperial Capital

Imperial Capital analyst David Miller upgraded AMC Networks to In-Line from Underperform with an unchanged price target of $53. The analyst, despite lowering his 2019 earnings estimate due to higher production costs, cites valuation for the upgrade with the shares down 15% since January 31. He believes AMC's lack of 2019 growth is now priced into the shares.

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AMCX AMC Networks
$52.77

-0.78 (-1.46%)

10/04/18
10/04/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. AMC CUT TO SELL BY GOLDMAN: Goldman Sachs analyst Drew Borst downgraded AMC Networks (AMCX) to Sell from Neutral and lowered his price target for the shares to $61 from $64. The analyst expects AMC to underperform peers and his price target implies 8% downside to current levels. Weakness in National Networks advertising from "Walking Dead" ratings declines and heightened competition for scripted original series and viewers, as well as slowing revenue growth and higher content and marketing costs, create risk to consensus estimates, Borst said. SNAP TARGETS CUT BY EVERCORE, CITI: Evercore ISI analyst Anthony DiClemente lowered his price target for Snap (SNAP) to $7 from $9 given decelerating trends, management turnover, and competitive threats. He reiterated an Underperform rating on Snap's shares. Citi analyst Mark May kept a Sell rating on Snap, but again lowered his estimates -- also to $7 -- to reflect recent trends in user and average revenue per user growth, Q3 guidance and a projected 2018 exit growth rate. GOLDMAN SAYS FIREEYE STOCK COULD DOUBLE: Goldman Sachs analyst Gabriela Borges kept her Buy rating and $22 price target on FireEye (FEYE) after the company's annual Cyber Defense Summit. The analyst said the summit saw its strongest showing in three years and she believes Fireeye could see its shares double if it can gain just 200bps of market share in the endpoint and security information and event management, or SIEM, markets. Borges added that FireEye would have to improve its Helix business with "on premise integration" as well as "better messaging to the channel", expecting the company to proceed with a renewed scale push next year once the integration is complete. IBM STARTED WITH A SELL RATING: MoffettNathanson analyst Lisa Ellis initiated IBM (IBM) with a Sell rating and $150 price target. In late morning trading, IBM is down almost 1%. CLOUDERA GETS UPGRADED AFTER DEAL: Nomura Instinet analyst Christopher Eberle upgraded Cloudera (CLDR) to Buy from Neutral and raised his price target for the shares to $23 from $12. The analyst, who admits to being very surprised by the announced deal, believes the company's merger with Hortonworks (HDP) will be "highly accretive." DA Davidson analyst Rishi Jaluria upgraded Cloudera to Buy from Neutral and raised his price target to $27 from $15 while also affirming Hortonworks at Buy and raising its price target to $35 from $24. The analyst is positive on the merger's ability to reduce pricing pressure from the separation from the other Hadoop vendors, equip Cloudera to battle cloud data warehouse vendors like AWS (AMZN) Redshift, and accelerate innovation.
12/07/18
WOLF
12/07/18
INITIATION
Target $66
WOLF
Underperform
AMC Networks initiated with an Underperform at Wolfe Research
Wolfe Research initiated AMC Networks with an Underperform rating and $66 price target.
01/31/19
IMPC
01/31/19
DOWNGRADE
Target $56
IMPC
Underperform
AMC Networks downgraded to Underperform from In-Line at Imperial Capital
Imperial Capital analyst David Miller downgraded AMC Networks to Underperform and lowered his price target for the shares to $56 from $64. The analyst reduced his fiscal 2019 estimates for the company to reflect his expectation of lower scatter effects for The Walking Dead, as well as higher overall production costs. Miller believes now is the time to trim positions in AMC in favor of "other, higher-quality SMID names" in Media/Entertainment. AMC is now the only vertically integrated networks entity within that refuses to embrace a branded direct-to-consumer strategy, Miller tells investors in a research note. He points out that subscriber growth is already beginning to slow within the skinny bundle universe.
01/31/19
01/31/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. AMC Networks (AMCX) downgraded to Underperform from In-Line at Imperial Capital with analyst David Miller saying he reduced his fiscal 2019 estimates for the company to reflect his expectation of lower scatter effects for The Walking Dead, as well as higher overall production costs. 2. General Dynamics (GD) downgraded to Hold from Buy at Argus with analyst John Eade saying the company's latest results topped consensus, but the growth outlook for 2019 in low single digits was disappointing. 3. Allergan (AGN) downgraded to Neutral from Outperform at Credit Suisse with analyst Vamil Divan citing "underwhelming" 2019 guidance and given additional questions he has on the strength of its business. 4. Steven Madden (SHOO) downgraded to Market Perform from Outperform at Telsey Advisory with analyst Dana Telsey saying while Steven Madden has a lot to like, external factors, such as tariffs and a wholesale channel that has a "more muted tone" entering 2019 as compared to 2018, may weigh on the stock price. 5. PayPal (PYPL) downgraded to Hold from Buy at DZ Bank. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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$NYE

NYSE Market Internals

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14:16
Technical Analysis
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SNY

Sanofi

$45.72

0.17 (0.37%)

, BAX

Baxter

$87.08

-0.68 (-0.77%)

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Sanofi in advanced talks to sell Seprafilm to Baxter, Bloomberg reports »

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SNY

Sanofi

$45.72

0.17 (0.37%)

BAX

Baxter

$87.08

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ATVI

Activision Blizzard

$55.61

0.04 (0.07%)

14:08
10/16/19
10/16
14:08
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14:08
Periodicals
Blizzard bans 'Hearthstone' team for 6 months after Hong Kong sign, Kotaku says »

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CLDR

Cloudera

$8.91

0.105 (1.19%)

14:05
10/16/19
10/16
14:05
10/16/19
14:05
Options
Cloudera call volume above normal and directionally bullish »

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SPX

S&P 500

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SPDR S&P 500 ETF Trust

$298.25

-0.65 (-0.22%)

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General news
Most Fed districts reported 'modest' pace of price increases »

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SPDR S&P 500 ETF Trust

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General news
Employment rose slightly 'on balance,' Fed says in Beige Book »

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SPDR S&P 500 ETF Trust

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S&P 500

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SPDR S&P 500 ETF Trust

$298.18

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14:01
10/16/19
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14:01
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General news
U.S. economy expanded at 'slight to modest pace,' Fed says in Beige Book »

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S&P 500

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SPDR S&P 500 ETF Trust

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13:55
10/16/19
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Conference/Events
Joint Economic Committee to hold a hearing »

The Committee holds a…

TMUS

T-Mobile

$79.88

0.125 (0.16%)

, S

Sprint

$6.45

-0.03 (-0.46%)

13:52
10/16/19
10/16
13:52
10/16/19
13:52
Periodicals
T-Mobile, Sprint deal 'appears to have cleared' FCC vote, Bloomberg says »

Bloomberg headlines…

TMUS

T-Mobile

$79.88

0.125 (0.16%)

S

Sprint

$6.45

-0.03 (-0.46%)

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13:45
10/16/19
10/16
13:45
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13:45
General news
Breaking General news story  »

Beige Book to be released…

PNC

PNC Financial

$140.90

1.34 (0.96%)

13:45
10/16/19
10/16
13:45
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13:45
Conference/Events
The Brookings Institution to hold a discussion on recession preparation »

Brookings hosts a…

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IBM

IBM

$141.89

-1.09 (-0.76%)

, FB

Facebook

$188.69

-0.12 (-0.06%)

13:43
10/16/19
10/16
13:43
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13:43
Earnings
Fly Intel: What to watch in IBM's earnings report »

IBM (IBM) is scheduled to…

IBM

IBM

$141.89

-1.09 (-0.76%)

FB

Facebook

$188.69

-0.12 (-0.06%)

V

Visa

$177.59

-1.21 (-0.68%)

PYPL

PayPal

$102.54

-1 (-0.97%)

EBAY

eBay

$38.92

0.04 (0.10%)

MA

MasterCard

$277.70

-0.94 (-0.34%)

BKNG

Booking Holdings

$2,025.61

7.98 (0.40%)

MSFT

Microsoft

$139.94

-1.62 (-1.14%)

GOOG

Alphabet

$1,243.61

0.08 (0.01%)

GOOGL

Alphabet Class A

$1,243.00

0.49 (0.04%)

INTC

Intel

$52.14

-0.505 (-0.96%)

BABA

Alibaba

$176.05

0.74 (0.42%)

SFTBF

SoftBank

$0.00

(0.00%)

BIDU

Baidu

$108.33

1.115 (1.04%)

SCMWY

Swisscom

$0.00

(0.00%)

TCEHY

Tencent

$0.00

(0.00%)

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M

Macy's

$15.77

0.07 (0.45%)

13:35
10/16/19
10/16
13:35
10/16/19
13:35
Options
Macy's put volume heavy and directionally bearish »

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FB

Facebook

$188.59

-0.22 (-0.12%)

13:32
10/16/19
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13:32
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13:32
Hot Stocks
Facebook unveils ReAgent to help build models that make and rely on decisions »

Jason Gauci, Honglei Liu,…

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PINS

Pinterest

$25.70

0.1 (0.39%)

13:27
10/16/19
10/16
13:27
10/16/19
13:27
Upgrade
Pivotal upgrades Pinterest to Buy after 30% pullback from highs »

Pivotal Research analyst…

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ALGN

Align Technology

$211.62

2.32 (1.11%)

13:25
10/16/19
10/16
13:25
10/16/19
13:25
Options
Align Technology call volume above normal and directionally bullish »

Bullish option flow…

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  • 23

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13:25
10/16/19
10/16
13:25
10/16/19
13:25
Conference/Events
Stephens food/agribusiness analyst to hold analyst/industry conference call »

Analysts, along with…

13:25
10/16/19
10/16
13:25
10/16/19
13:25
Conference/Events
Wedbush technology analyst to hold an analyst/industry webcast »

Technology Analyst…

PINS

Pinterest

$25.69

0.09 (0.35%)

13:21
10/16/19
10/16
13:21
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13:21
Upgrade
Pinterest rating change  »

Pinterest upgraded to Buy…

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PM

Philip Morris

$79.09

0.77 (0.98%)

, HON

Honeywell

$163.93

0.27 (0.16%)

13:19
10/16/19
10/16
13:19
10/16/19
13:19
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

PM

Philip Morris

$79.09

0.77 (0.98%)

HON

Honeywell

$163.93

0.27 (0.16%)

UNP

Union Pacific

$163.27

0.07 (0.04%)

MS

Morgan Stanley

$42.80

0.26 (0.61%)

BBT

BB&T

$52.81

0.06 (0.11%)

STI

SunTrust

$68.01

-0.04 (-0.06%)

PPG

PPG

$119.43

1.21 (1.02%)

MTB

M&T Bank

$158.77

-0.1 (-0.06%)

KEY

KeyCorp

$17.63

-0.15 (-0.84%)

GPC

Genuine Parts

$97.95

0.01 (0.01%)

DOV

Dover

$95.93

-0.02 (-0.02%)

TXT

Textron

$50.56

-0.11 (-0.22%)

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IBM

IBM

$141.62

-1.36 (-0.95%)

, NFLX

Netflix

$282.05

-2.19 (-0.77%)

13:19
10/16/19
10/16
13:19
10/16/19
13:19
Earnings
Notable companies reporting after market close »

Notable companies…

IBM

IBM

$141.62

-1.36 (-0.95%)

NFLX

Netflix

$282.05

-2.19 (-0.77%)

CCI

Crown Castle

$133.80

-0.85 (-0.63%)

CSX

CSX

$68.89

-0.28 (-0.40%)

KMI

Kinder Morgan

$20.09

-0.09 (-0.45%)

CCK

Crown Holdings

$63.23

0.44 (0.70%)

URI

United Rentals

$122.16

1.45 (1.20%)

STLD

Steel Dynamics

$28.59

-1.53 (-5.08%)

AA

Alcoa

$19.44

-0.01 (-0.05%)

03/08/13
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    Oct

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    Nov

FB

Facebook

$188.88

0.07 (0.04%)

, AVGO

Broadcom

$288.01

-2.45 (-0.84%)

13:17
10/16/19
10/16
13:17
10/16/19
13:17
Periodicals
European Commission exploring investigation of Facebook, NY Times reports »

The European Commission…

FB

Facebook

$188.88

0.07 (0.04%)

AVGO

Broadcom

$288.01

-2.45 (-0.84%)

03/08/13
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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
10/16/19
10/16
13:17
10/16/19
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
10/16/19
10/16
13:16
10/16/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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W

Wayfair

$110.58

1.63 (1.50%)

13:15
10/16/19
10/16
13:15
10/16/19
13:15
Options
Wayfair put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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  • 31

    Oct

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