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FB

Facebook

$168.44

-8.97 (-5.06%)

, GOOG

Alphabet

$1,038.83

-64.86 (-5.88%)

12:18
06/03/19
06/03
12:18
06/03/19
12:18

FTC gets jurisdiction to open Facebook antitrust investigation, WSJ reports

The Federal Trade Commission intends to open an antitrust probe into Facebook (FB) under an arrangement that gives the Justice Department chief oversight of Alphabet's (GOOG) Google, as the U.S. government prepares to scrutinize the country's major tech companies over competition concerns, the Wall Street Journal's Brent Kendall and John D. McKinnon report. The FTC secured the rights to open a possible investigation into the social media giant and whether it has engaged in unlawful monopolistic practices as part of a deal that let the DOJ take the reins in a probe of Google, Kendall and McKinnon say, citing people familiar with the matter. The FTC and DOJ share authority to enforce U.S. antitrust rules and at times must work out turf pacts regarding which agency will take care of what issues, the authors note. Reference Link

FB

Facebook

$168.44

-8.97 (-5.06%)

GOOG

Alphabet

$1,038.83

-64.86 (-5.88%)

GOOGL

Alphabet Class A

$1,041.35

-65.15 (-5.89%)

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    Oct

FB Facebook
$168.44

-8.97 (-5.06%)

05/29/19
PIVT
05/29/19
INITIATION
Target $220
PIVT
Buy
Facebook initiated with a Buy at Pivotal Research
Pivotal Research analyst Michael Levine started Facebook with a Buy rating and $220 price target. The analyst views the 2019 consensus estimates for Facebook as conservative.
05/29/19
CHRS
05/29/19
INITIATION
Target $245
CHRS
Buy
Facebook initiated with a Buy, a top pick at China Renaissance
China Renaissance analyst Ella Ji initiated Facebook with a Buy and $245 price target, naming it a top pick in US Internet. The analyst expects Instagram to become a "well-rounded online marketing" and "content-driven e-commerce platform" that will drive ad and commission revenue.
05/29/19
05/29/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amazon.com (AMZN), Facebook (FB), and Twitter (TWTR) were initiated with a Buy at Pivotal Research, while Alphabet (GOOG, GOOGL), Pinterest (PINS), and Snap (SNAP) were initiated with a Hold. 2. Anchiano Therapeutics (ANCN) initiated with an Outperform at Baird. 3. Slack Technologies (WORK) initiated with a Neutral at DA Davidson. 4. National Vision (EYE) initiated with a Buy at Berenberg. 5. IMV Inc. (IMV) initiated with a Buy at B. Riley FBR. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/03/19
BOFA
06/03/19
NO CHANGE
Target $1350
BOFA
Buy
DOJ's Google probe could embolden critics of tech giants, says BofA/Merrill
After the Wall Street Journal reported late Friday that the U.S. Department of Justice is preparing to open an investigation into Google's (GOOG, GOOGL) compliance with antitrust laws, BofA/Merrill analyst Justin Post said that while FTC commissioners have voted in the past not to pursue a lawsuit and possible breakup of Google, the current climate "is somewhat different." In a research note to investors, Post says antitrust probes are "difficult to predict," and that if the DOJ moves ahead, an investigation would likely embolden critics of Facebook (FB), Amazon (AMZN) and other tech giants as well, causing rhetoric to heat up during the 2020 election year. Potential implications for Google could include new regulations on business practices or an antitrust investigation leading to a breakup, but to break up Google, the DOJ would likely have to file a lawsuit and convince judges that Google has undermined competition. Post has a Buy rating and $1,350 price target on shares of Google parent Alphabet.
GOOG Alphabet
$1,038.83

-64.86 (-5.88%)

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).
05/29/19
PIVT
05/29/19
INITIATION
Target $1250
PIVT
Hold
Alphabet initiated with a Hold at Pivotal Research
Pivotal Research analyst Michael Levine started Alphabet with a Hold rating and $1,250 price target. Lacking expansion of margins or greater disclosure, the shares are unlikely to re-rate higher and will likely always be "cheap," Levine tells investors in a research note.
GOOGL Alphabet Class A
$1,041.35

-65.15 (-5.89%)

05/29/19
CHRS
05/29/19
INITIATION
CHRS
Hold
Alphabet Class A initiated with a Hold at China Renaissance
China Renaissance analyst Ella Ji initiated Alphabet with a Hold and $1,270 price target telling investors to wait for a better stock opportunity. The analyst expects YouTube to experience some near-term volatility as it addresses safety and privacy.

TODAY'S FREE FLY STORIES

TSLA

Tesla

$253.92

-1.7 (-0.67%)

14:27
10/23/19
10/23
14:27
10/23/19
14:27
On The Fly
Fly Intel: What to watch in Tesla earnings report »

Tesla (TSLA) is scheduled…

03/08/13
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14:25
10/23/19
10/23
14:25
10/23/19
14:25
Conference/Events
Senate Caucus on International Narcotics Control holds a hearing »

The Caucus holds a…

ALKS

Alkermes

$19.30

0.88 (4.78%)

14:22
10/23/19
10/23
14:22
10/23/19
14:22
Recommendations
Alkermes analyst commentary  »

Alkermes making some…

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03/06/13
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TSLA

Tesla

$253.68

-1.94 (-0.76%)

14:22
10/23/19
10/23
14:22
10/23/19
14:22
Periodicals
Tesla sued over Model S door handle malfunction, CCN says »

The family of a man who…

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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  • 23

    Oct

FITB

Fifth Third

$28.11

-0.195 (-0.69%)

14:20
10/23/19
10/23
14:20
10/23/19
14:20
Options
Calls lead puts 8:1 in Fifth Third Bancorp as writer opens position »

Calls lead puts 8:1 in…

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

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    Oct

IBM

IBM

$134.05

0.02 (0.01%)

, GOOGL

Alphabet Class A

$1,252.30

11.22 (0.90%)

14:18
10/23/19
10/23
14:18
10/23/19
14:18
Periodicals
Google says computer achieves 'quantum supremacy,' Reuters reports »

Alphabet's Google…

IBM

IBM

$134.05

0.02 (0.01%)

GOOGL

Alphabet Class A

$1,252.30

11.22 (0.90%)

GOOG

Alphabet

$1,253.87

11.09 (0.89%)

MSFT

Microsoft

$136.15

-0.24 (-0.18%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
10/23/19
10/23
14:17
10/23/19
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
10/23/19
10/23
14:16
10/23/19
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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KO

Coca-Cola

$54.51

0.64 (1.19%)

, WBA

Walgreens Boots Alliance

$54.40

-0.93 (-1.68%)

14:12
10/23/19
10/23
14:12
10/23/19
14:12
On The Fly
Coca-Cola upgrade, Walgreens downgrade among today's top analyst calls »

Check out today's top…

KO

Coca-Cola

$54.51

0.64 (1.19%)

WBA

Walgreens Boots Alliance

$54.40

-0.93 (-1.68%)

SNAP

Snap

$13.23

-0.77 (-5.50%)

BIIB

Biogen

$277.71

-4.25 (-1.51%)

NOW

ServiceNow

$218.44

-9.82 (-4.30%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 23

    Oct

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    Oct

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    Oct

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    Nov

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    Dec

  • 12

    Dec

14:09
10/23/19
10/23
14:09
10/23/19
14:09
General news
5-Yr Note Auction Coupon Rate data reported »

5-Yr Note Auction Coupon…

14:09
10/23/19
10/23
14:09
10/23/19
14:09
General news
5-Yr Note Auction Total Amount data reported »

5-Yr Note Auction Total…

SWM

Schweitzer-Mauduit

$39.78

1.11 (2.87%)

14:07
10/23/19
10/23
14:07
10/23/19
14:07
Initiation
Schweitzer-Mauduit initiated  »

Schweitzer-Mauduit…

03/08/13
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03/08/13
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03/06/13
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03/06/13
Barclays

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ARVN

Arvinas

$19.41

3.01 (18.35%)

14:07
10/23/19
10/23
14:07
10/23/19
14:07
Hot Stocks
Arvinas spikes 17% after platform update including Protac trial data »

Earlier today, Arvinas…

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

WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

14:04
10/23/19
10/23
14:04
10/23/19
14:04
Periodicals
WeWork plans to cut up to 4,000 jobs in turnaround, FT reports »

WeWork (WE) plans to cut…

WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

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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  • 06

    Nov

CMCSA

Comcast

$45.65

-0.13 (-0.28%)

, CMCSK

Comcast

$0.00

(0.00%)

14:01
10/23/19
10/23
14:01
10/23/19
14:01
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

CMCSA

Comcast

$45.65

-0.13 (-0.28%)

CMCSK

Comcast

$0.00

(0.00%)

DHR

Danaher

$137.96

0.76 (0.55%)

MMM

3M

$167.62

0.06 (0.04%)

NOC

Northrop Grumman

$349.80

-2.61 (-0.74%)

RTN

Raytheon

$202.20

-2.69 (-1.31%)

BAX

Baxter

$87.71

0.68 (0.78%)

DOW

Dow Inc.

$47.27

0.45 (0.96%)

HSY

Hershey

$149.87

0.14 (0.09%)

TWTR

Twitter

$38.30

-0.52 (-1.34%)

LUV

Southwest

$53.25

0.355 (0.67%)

TROW

T. Rowe Price

$109.40

1.4 (1.30%)

SWK

Stanley Black & Decker

$153.29

1.98 (1.31%)

HBAN

Huntington Bancshares

$14.48

0.045 (0.31%)

CTXS

Citrix

$103.72

-0.38 (-0.37%)

TSCO

Tractor Supply

$94.34

0.12 (0.13%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 23

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  • 07

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    Nov

  • 19

    Nov

  • 12

    Dec

HMC

Honda

$26.63

0.015 (0.06%)

14:00
10/23/19
10/23
14:00
10/23/19
14:00
Periodicals
Honda to sell only electric, hybrid cars in Europe starting in 2022, CNN says »

Honda said it intends to…

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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EW

Edwards Lifesciences

$225.67

3.75 (1.69%)

, TSLA

Tesla

$255.10

-0.52 (-0.20%)

13:59
10/23/19
10/23
13:59
10/23/19
13:59
Earnings
Notable companies reporting after market close »

Notable companies…

EW

Edwards Lifesciences

$225.67

3.75 (1.69%)

TSLA

Tesla

$255.10

-0.52 (-0.20%)

PYPL

PayPal

$95.99

-1.41 (-1.45%)

MSFT

Microsoft

$136.25

-0.14 (-0.10%)

LVS

Las Vegas Sands

$59.16

0.58 (0.99%)

NOW

ServiceNow

$218.68

-9.58 (-4.20%)

F

Ford

$9.04

-0.025 (-0.28%)

LRCX

Lam Research

$233.15

-1.76 (-0.75%)

EBAY

eBay

$39.03

0.06 (0.15%)

ORLY

O'Reilly Automotive

$400.41

-0.16 (-0.04%)

XLNX

Xilinx

$95.26

-0.75 (-0.78%)

EFX

Equifax

$139.11

-0.15 (-0.11%)

ALGN

Align Technology

$217.63

4 (1.87%)

BMRN

BioMarin

$69.77

2.04 (3.01%)

FBHS

Fortune Brands

$58.73

0.22 (0.38%)

SLM

Sallie Mae

$9.10

0.04 (0.44%)

SAVE

Spirit Airlines

$37.74

0.49 (1.32%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 23

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  • 04

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  • 07

    Dec

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    Dec

HPE

HP Enterprise

$15.93

-0.03 (-0.19%)

13:55
10/23/19
10/23
13:55
10/23/19
13:55
Conference/Events
HP Enterprise to host analyst meeting »

Analyst meeting to be…

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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  • 23

    Oct

  • 09

    Dec

AXON

Axovant Sciences

$0.00

(0.00%)

13:53
10/23/19
10/23
13:53
10/23/19
13:53
Recommendations
Axovant Sciences analyst commentary  »

Axovant Sciences price…

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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GGAL

Grupo Financiero

$12.75

0.4 (3.24%)

13:45
10/23/19
10/23
13:45
10/23/19
13:45
Options
Grupo Financiero call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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SNAP

Snap

$13.27

-0.73 (-5.21%)

, FB

Facebook

$184.57

2.3 (1.26%)

13:40
10/23/19
10/23
13:40
10/23/19
13:40
On The Fly
#SocialStocks: Snap earnings beat, Facebook CEO testifies about Libra »

Welcome to…

SNAP

Snap

$13.27

-0.73 (-5.21%)

FB

Facebook

$184.57

2.3 (1.26%)

TWTR

Twitter

$38.30

-0.52 (-1.34%)

GOOG

Alphabet

$1,253.59

10.81 (0.87%)

GOOGL

Alphabet Class A

$1,251.72

10.64 (0.86%)

AMZN

Amazon.com

$1,757.06

-9.01 (-0.51%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 23

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    Nov

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    Nov

ALXN

Alexion

$105.87

6.645 (6.70%)

13:37
10/23/19
10/23
13:37
10/23/19
13:37
Recommendations
Alexion analyst commentary  »

Alexion execution…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 23

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  • 04

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    Dec

13:35
10/23/19
10/23
13:35
10/23/19
13:35
General news
Treasury Action: the market took the good auction results in stride »

Treasury Action: the…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
10/23/19
10/23
13:17
10/23/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
10/23/19
10/23
13:16
10/23/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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