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WMT

Walmart

$101.44

-0.75 (-0.73%)

, IBM

IBM

$127.01

-2.55 (-1.97%)

09:38
06/03/19
06/03
09:38
06/03/19
09:38

Walmart joins MediLedger consortium, CoindDesk reports

Walmart (WMT) has joined MediLedger, a consortium building a blockchain for tracking the provenance of pharmaceuticals, CoinDesk's Ian Allison reports, citing a confirmation by a Walmart spokeswoman. Walmart a also key participant in IBM's (IBM) Food Trust, a system for tracking fresh produce through the supply chain that's built on the Hyperledger Fabric platform, the report notes. Reference Link

WMT

Walmart

$101.44

-0.75 (-0.73%)

IBM

IBM

$127.01

-2.55 (-1.97%)

  • 05

    Jun

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    Jun

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    Nov

WMT Walmart
$101.44

-0.75 (-0.73%)

05/17/19
BMOC
05/17/19
NO CHANGE
Target $115
BMOC
Outperform
Walmart's Q1 'very encouraging for bullish thesis', says BMO Capital
BMO Capital analyst Kelly Bania kept her Outperform rating and $115 price target on Walmart after its Q1 earnings beat, saying the quarter was "very encouraging" for her bullish thesis on the stock. The analyst cites Walmart's improving e-commerce profitability and maintains her view that the company stands "well positioned" to leverage its technology and supply chain investments. Bania adds that Walmart's grocery momentum is also accelerating as its mid-single-digit comp increases amid negligible food inflation imply "strong market share gains."
05/17/19
05/17/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Foot Locker (FL) upgraded to Buy from Neutral at B. Riley FBR with analyst Susan Anderson saying she views Foot Locker as a "best-in-class" footwear retailer and sees an attractive entry point at current valuation levels. 2. Under Armour (UA, UAA) upgraded to Overweight from Neutral at JPMorgan with analyst Matthew Boss citing his meeting with management, including CEO Kevin Plank, and saying the clear tone from the top was "controlled confidence" in the brand direction with "disciplined" fiscal 2020 global top- and bottom-line growth acceleration. 3. Philip Morris (PM) upgraded to Neutral from Underperform at BofA/Merrill with analyst Lisa Lewandowski saying IQOS, the company's heated tobacco product, is gaining traction in several European and Asian markets, the FDA approved the pre-market application for the sale of IQOS in the U.S., and management has reset IQOS commercialization expectations, among other reasons. 4. Walmart (WMT) upgraded to Accumulate from Hold at Gordon Haskett with analyst Chuck Grom saying he believes the company's EBIT gains in the U.S. will continue. 5. United Therapeutics (UTHR) upgraded to Neutral from Sell at UBS with analyst Carter Gould saying that after a 26% stock price decline since late March, when Sandoz launched generic Remodulin, the risk reward on the stock has become more balanced. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/21/19
DAIW
05/21/19
UPGRADE
DAIW
Outperform
Walmart upgraded to Outperform from Neutral at Daiwa
05/23/19
JPMS
05/23/19
UPGRADE
Target $100
JPMS
Overweight
JPMorgan sees 'Amazon-safe' valuation for Target, upgrades to Overweight
JPMorgan analyst Christopher Horvers upgraded Target (TGT) to Overweight from Neutral and raised his price target for the shares to $100 from $81. The analyst believes the shares are undervalued and he sees potential upside to consensus estimates. Target should get re-valued "towards the best-in-class, Amazon (AMZN) -safe bucket" of retail, given its strong comps, expanding operating income after three years of declines, and its high-single-digit earnings growth algorithm, Horvers tells investors in a research note. The analyst believes Target shares in 2019 will experience move to Walmart's (WMT) shares in 2017.
IBM IBM
$127.01

-2.55 (-1.97%)

04/17/19
SBSH
04/17/19
NO CHANGE
Target $140
SBSH
Neutral
IBM price target raised to $140 from $130 at Citi
Citi analyst Jim Suva raised his price target for IBM to $140 from $130 and maintains a Neutral rating on the shares following the company's Q1 results. The report "can best be described as something for everyone to debate with several positives and negatives," Suva tells investors in a research note. He believes the earnings were not enough to get investors to change their view to either a more positive or more negative view.
04/17/19
BMOC
04/17/19
NO CHANGE
Target $155
BMOC
Market Perform
IBM price target raised to $155 from $147 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on IBM (IBM) to $155 after its Q1 results and affirmed FY19 outlook, saying he is modeling a "modestly higher" enterprise value to free cash flow multiple with a higher conviction to his prior forecasts for 2020 free cash flow. The analyst is also keeping his Market Perform rating on the shares, stating that while the quarter had "a lot of moving parts", revenues were "a tad disappointing" amid some weakness in emerging markets. Bachman contends that IBM is moving in the right direction with its Red Hat (RHT) acquisition, but he does not find the valuation on the stock "compelling".
05/17/19
CHLM
05/17/19
DOWNGRADE
CHLM
Hold
Craig-Hallum downgrades Cray to Hold, but says bidding war possible
Craig-Hallum analyst Chad Bennett downgrade Cray (CRAY) to Hold from Buy after the company announced a deal to be acquired by HP Enterprise (HPE) for $35 per share, but he added that he thinks a bidding war is possible since he doesn't believe the stock buyout price "has even begun to value" Cray's proprietary interconnect technology and its modular software stack for next generation AI/ML workloads. He believes there could be a number of interested parties in Cray including Microsoft (MSFT), Dell (DELL), Intel (INTC), Google (GOOG), Amazon (AMZN) and potentially IBM (IBM).
05/20/19
CHLM
05/20/19
DOWNGRADE
Target $35
CHLM
Hold
Cray downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Chad Bennett downgraded Cray (CRAY) to Hold from Buy and lowered his price target on the shares to $35 from $36 after HP Enterprise (HPE) announced that it has entered into an agreement to purchase the company for $35.00 per share in cash, totaling $1.3B net of cash. The analyst believes the possibility of another buyer coming in over the top is fairly low, but notes that the price is "too low" based on the opportunities Cray has in front of it over the next few years. Furthermore, Bennett believes there would be a number of interested parties in Cray including Microsoft (MSFT), Dell (DELL), Intel (INTC), Alphabet (GOOG), Amazon (AMZN), and potentially IBM (IBM).

TODAY'S FREE FLY STORIES

SENS

Senseonics

$0.94

-0.0478 (-4.83%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Initiation
Senseonics initiated  »

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MANH

Manhattan Associates

$74.43

-2.06 (-2.69%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Earnings
Manhattan Associates sees FY19 EPS $1.63-$1.65, consensus $1.48 »

Sees FY19 revenue $610M…

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  • 22

    Oct

UCFC

United Community Financial

$11.32

0.35 (3.19%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Earnings
United Community Financial reports Q3 EPS 21.8c, consensus 22c »

Net interest income…

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  • 23

    Oct

  • 13

    Nov

CMG

Chipotle

$830.17

-21.71 (-2.55%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Earnings
Chipotle reports Q3 adjusted EPS $3.82, consensus $3.22 »

Reports Q3 revenue $1.4B,…

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  • 22

    Oct

  • 12

    Nov

WHR

Whirlpool

$160.76

0.22 (0.14%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Earnings
Whirlpool says trending towards high end of FY19 adj. EPS view $14.75-$15.50 

FY19 consensus $15.27.

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  • 23

    Oct

  • 05

    Nov

SNAP

Snap

$13.99

-0.59 (-4.05%)

16:12
10/22/19
10/22
16:12
10/22/19
16:12
Earnings
Snap sees Q4 revenue $540M-$560M, consensus $555.31M »

Sees Q4 adjusted EBITDA…

03/08/13
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  • 22

    Oct

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    Nov

NBHC

National Bank

$36.56

0.42 (1.16%)

16:11
10/22/19
10/22
16:11
10/22/19
16:11
Earnings
Breaking Earnings news story on National Bank »

National Bank reports Q3…

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03/06/13
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  • 23

    Oct

NKE

Nike

$95.68

-0.54 (-0.56%)

, NOW

ServiceNow

$228.26

-12.315 (-5.12%)

16:11
10/22/19
10/22
16:11
10/22/19
16:11
Hot Stocks
Nike names John Donahoe as new CEO »

The board of NIKE (NKE)…

NKE

Nike

$95.68

-0.54 (-0.56%)

NOW

ServiceNow

$228.26

-12.315 (-5.12%)

03/08/13
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  • 22

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    Dec

SNAP

Snap

$13.98

-0.6 (-4.12%)

16:11
10/22/19
10/22
16:11
10/22/19
16:11
Hot Stocks
Snap reports Q3 Daily Active Users up 13% year-over-year to 210M »

Snap added 7M Daily…

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  • 22

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    Nov

CSGP

CoStar Group

$572.30

-16.04 (-2.73%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
CoStar Group cuts FY19 adj. EPS view to $9.90-$10.02 from $10.00-$10.14 »

Consensus $10.16. Raises…

03/08/13
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  • 22

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  • 04

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WHR

Whirlpool

$160.85

0.31 (0.19%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
Whirlpool reports Q3 adjusted EPS $3.97, consensus $3.89 »

Reports Q3 revenue $5.1B,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 23

    Oct

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WNEB

Western New England Bancorp

$9.54

(0.00%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
Western New England Bancorp reports Q3 EPS 12c, consensus 13c »

Total loans as of…

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SNAP

Snap

$14.00

-0.58 (-3.98%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
Snap reports Q3 adjusted EPS (4c), consensus (5c) »

Reports Q3 revenue…

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  • 22

    Oct

  • 21

    Nov

IRBT

iRobot

$54.18

-1.52 (-2.73%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
iRobot narrows FY19 EPS view to $2.60-$2.80 from $2.40-$3.15 »

Lowers FY19 revenue…

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  • 23

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MANH

Manhattan Associates

$74.61

-1.88 (-2.46%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Earnings
Manhattan Associates reports Q3 EPS 51c, consensus 36c »

Reports Q3 revenue…

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  • 22

    Oct

AMGN

Amgen

$204.97

2.06 (1.02%)

16:10
10/22/19
10/22
16:10
10/22/19
16:10
Hot Stocks
Amgen declares Q4 dividend of $1.45 per share »

The dividend will be paid…

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  • 28

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  • 06

    Nov

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16:10
10/22/19
10/22
16:10
10/22/19
16:10
Hot Stocks
Breaking Hot Stocks news story  »

PB Bancorp trading…

16:09
10/22/19
10/22
16:09
10/22/19
16:09
Conference/Events
SVB Leerink biotech analysts to hold analyst/industry conference call »

Biotech Analysts, along…

CSGP

CoStar Group

$572.30

-16.04 (-2.73%)

16:09
10/22/19
10/22
16:09
10/22/19
16:09
Earnings
CoStar Group sees Q4 adjusted EPS $2.52-$2.64, consensus $2.89 »

Sees Q4 revenue…

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  • 22

    Oct

  • 04

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WRB

W. R. Berkley

$68.01

-2.95 (-4.16%)

16:09
10/22/19
10/22
16:09
10/22/19
16:09
Hot Stocks
W. R. Berkley reports Q3 gross premiums writt3n 2.09B vs. $1.93B last year »

Reports Q3 accident year…

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  • 22

    Oct

HAFC

Hanmi Financial

$19.09

0.37 (1.98%)

16:09
10/22/19
10/22
16:09
10/22/19
16:09
Earnings
Hanmi Financial reports Q3 EPS 40c, consensus 47c »

Q3 net interest income…

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  • 22

    Oct

  • 06

    Nov

NMFC

New Mountain Finance

$13.56

0.045 (0.33%)

16:08
10/22/19
10/22
16:08
10/22/19
16:08
Syndicate
New Mountain Finance files to sell 8M shares of common stock »

The joint-lead…

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  • 07

    Nov

TXN

Texas Instruments

$128.53

-2.4 (-1.83%)

16:08
10/22/19
10/22
16:08
10/22/19
16:08
Hot Stocks
Texas Instruments CEO says 'most markets weakened further' »

Rich Templeton, TI's…

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  • 22

    Oct

CSGP

CoStar Group

$573.08

-15.26 (-2.59%)

16:08
10/22/19
10/22
16:08
10/22/19
16:08
Earnings
CoStar Group reports Q3 adjusted EPS $2.61, consensus $2.52 »

Reports Q3 revenue $353M,…

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  • 22

    Oct

  • 04

    Nov

  • 13

    Nov

OPK

Opko Health

$2.14

0.015 (0.71%)

16:07
10/22/19
10/22
16:07
10/22/19
16:07
Syndicate
Opko Health files to sell $100M in common stock »

Jefferies LLC, Piper…

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