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LYFT

Lyft

$58.38

0.295 (0.51%)

, UBER

Uber

$42.15

-0.35 (-0.82%)

17:53
06/12/19
06/12
17:53
06/12/19
17:53

Lyft, Uber to face restrictive regulations in NYC, NY Daily News says

According to a story written by Anna Sanders and Clayton Guse of the NY Daily News, New York City is about to impose serious restrictions on app-based for-hire vehicles like Lyft (LYFT) and Uber (UBER). "For too long, app companies have taken advantage of hardworking drivers, choking our streets with congestion and driving workers into poverty."That era will come to an end in New York City," Mayor de Blasio announced Wednesday, according to the NY Daily News. Reference Link

LYFT

Lyft

$58.38

0.295 (0.51%)

UBER

Uber

$42.15

-0.35 (-0.82%)

  • 13

    Jun

LYFT Lyft
$58.38

0.295 (0.51%)

06/11/19
SUSQ
06/11/19
UPGRADE
Target $80
SUSQ
Positive
Lyft upgraded to Positive from Neutral at Susquehanna
Susquehanna analyst Shyam Patil upgraded Lyft to Positive from Neutral and raised his price target for the shares to $80 from $57.
06/11/19
06/11/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Facebook (FB) upgraded to Buy from Neutral at MoffettNathanson. 2. Red Rock Resorts (RRR) upgraded to Buy from Neutral at Goldman Sachs with analyst Stephen Grambling saying he sees 35% total return potential in the stock as he believes a successful Palms ramp and free cash flow "inflection" in 2020 can drive a "sustained re-rating." 3. JetBlue (JBLU) upgraded to Buy from Neutral at Citi with analyst Kevin Crissey saying JetBlue has positive catalysts to support incremental buyers with a range of time horizons and investment styles. 4. Lyft (LYFT) upgraded to Positive from Neutral at Susquehanna. 5. Dollar Tree (DLTR) resumed with an Overweight from Neutral at JPMorgan with analyst Matthew Boss saying he expects an inflection to high-single net income growth and low-double-digit consolidated earnings growth beyond fiscal 2019 as the Dollar Tree offers stability and Family Dollar improves. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/12/19
EVER
06/12/19
INITIATION
Target $74
EVER
Outperform
Lyft initiated with an Outperform at Evercore ISI
Evercore ISI started Lyft with an Outperform rating and $74 price target.
06/12/19
EVER
06/12/19
INITIATION
EVER
Outperform
Evercore starts Lyft and Uber at Outperform, sees 'powerful' near-term catalysts
Evercore ISI analyst Benjamin Black initiated coverage of both Lyft (LYFT) and Uber Technologies (UBER) with Outperform ratings. The analyst put a $74 price target on Lyft and a $60 price target on Uber. The stocks closed today up 34c to $58.41 and down 35c to $42.17, respectively. The ride-hailing space has "powerful" near-term catalysts, which could drive a re-rating of both stocks, Black tells investors in a research note. The pricing environment is "quietly improving," incentives are maturing, and both Uber and Lyft can hit profitability sooner than consensus expectations, says Black.
UBER Uber
$42.15

-0.35 (-0.82%)

06/10/19
RAJA
06/10/19
NO CHANGE
RAJA
Outperform
Uber streamlining earlier than expected, but makes sense, says Raymond James
Raymond James analyst Justin Patterson noted that Uber announced organizational changes, including the exits of the COO and CMO and the expansion of roles for some other leaders. While the earlier than expected timing, just a month after the IPO, "likely emboldens bears," he thinks the moves themselves make sense, Patterson tells investors. The analyst, who sees fundamentals being set to improve in the second half, things concerns will diminish after consecutive quarters of improved results and keeps an Outperform rating on Uber shares.
06/10/19
JMPS
06/10/19
NO CHANGE
Target $54
JMPS
Outperform
Uber streamlining should be a positive, says JMP Securities
JMP Securities analyst Ronald Josey said he was surprised to see both Uber's COO and CMO leave the company, but he also views the executive moves as a sign that the core Rides business is on stronger footing than several years ago. Noting that in the streamlined organizational structure CEO Dara Khosrowshahi will be taking a more active operational role, Josey said he thinks the new structure should be an overall positive. He keeps an Outperform rating and $54 price target on Uber shares.
06/12/19
EVER
06/12/19
INITIATION
Target $60
EVER
Outperform
Uber initiated with an Outperform at Evercore ISI
Evercore ISI started Uber Technologies with an Outperform rating and $60 price target.

TODAY'S FREE FLY STORIES

SPOT

Spotify

$148.17

-1.57 (-1.05%)

05:39
06/24/19
06/24
05:39
06/24/19
05:39
Downgrade
Spotify rating change  »

Spotify downgraded to…

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  • 24

    Jun

UTX

United Technologies

$128.78

-1.25 (-0.96%)

, RTN

Raytheon

$182.79

0.52 (0.29%)

05:38
06/24/19
06/24
05:38
06/24/19
05:38
Upgrade
United Technologies, Raytheon rating change  »

United Technologies…

UTX

United Technologies

$128.78

-1.25 (-0.96%)

RTN

Raytheon

$182.79

0.52 (0.29%)

03/08/13
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03/06/13
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MU

Micron

$33.23

-0.91 (-2.67%)

05:32
06/24/19
06/24
05:32
06/24/19
05:32
Recommendations
Micron analyst commentary  »

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  • 25

    Jun

  • 09

    Jul

RMTI

Rockwell Medical

$2.99

-0.02 (-0.66%)

05:27
06/24/19
06/24
05:27
06/24/19
05:27
Initiation
Rockwell Medical initiated  »

Rockwell Medical…

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SON

Sonoco

$65.40

-0.35 (-0.53%)

05:23
06/24/19
06/24
05:23
06/24/19
05:23
Downgrade
Sonoco rating change  »

Sonoco downgraded to Sell…

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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  • 18

    Jul

  • 17

    Oct

NSIT

Insight Enterprises

$56.19

-1.31 (-2.28%)

, PCMI

PCM, Inc.

$24.35

-1.56 (-6.02%)

05:23
06/24/19
06/24
05:23
06/24/19
05:23
Hot Stocks
Insight Enterprises to acquire PCM, Inc. for $35 per share »

Insight Enterprises…

NSIT

Insight Enterprises

$56.19

-1.31 (-2.28%)

PCMI

PCM, Inc.

$24.35

-1.56 (-6.02%)

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

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BCC

Boise Cascade

$24.57

-0.83 (-3.27%)

05:16
06/24/19
06/24
05:16
06/24/19
05:16
Upgrade
Boise Cascade rating change  »

Boise Cascade upgraded to…

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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HXL

Hexcel

$78.42

(0.00%)

05:12
06/24/19
06/24
05:12
06/24/19
05:12
Hot Stocks
Hexcel announces voluntary delisting from Euronext Paris »

Hexcel announces that…

03/08/13
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03/06/13
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  • 27

    Jun

EVA

Enviva

$29.50

-0.24 (-0.81%)

05:11
06/24/19
06/24
05:11
06/24/19
05:11
Upgrade
Enviva rating change  »

Enviva upgraded to Buy…

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

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MSI

Motorola Solutions

$165.16

-1.8 (-1.08%)

05:10
06/24/19
06/24
05:10
06/24/19
05:10
Hot Stocks
Motorola Solutions awarded tender for supplying POC service to Israel Railways »

Motorola Solutions has…

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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  • 18

    Dec

  • 19

    Dec

CNTY

Century Casinos

$9.83

-0.3 (-2.96%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Century Casinos management to meet with Roth Capital »

Meeting to be held in…

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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  • 24

    Jun

CNCE

Concert Pharmaceuticals

$10.90

-0.165 (-1.49%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Concert Pharmaceuticals management to meet with UBS »

Meetings to be held in…

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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  • 24

    Jun

  • 25

    Jun

ATH

Athene Holding

$42.58

-0.8 (-1.84%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Athene Holding management to meet with Sandler O'Neill »

Meetings to be held in…

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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  • 24

    Jun

  • 25

    Jun

SSTI

ShotSpotter

$44.50

0.19 (0.43%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
ShotSpotter management to meet with JMP Securities »

Meetings to be held in…

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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  • 24

    Jun

  • 25

    Jun

  • 26

    Jun

ATH

Athene Holding

$42.58

-0.8 (-1.84%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Athene Holding management to meet with Sandler ONeill »

Meetings to be held in…

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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  • 24

    Jun

  • 25

    Jun

HUBG

Hub Group

$40.70

-1.25 (-2.98%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Hub Group management to meet with Stephens »

Meetings to be held in…

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03/06/13
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  • 24

    Jun

  • 25

    Jun

  • 13

    Nov

SPOT

Spotify

$148.17

-1.57 (-1.05%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Spotify management to meet with SunTrust »

Meeting to be held in New…

03/08/13
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03/06/13
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03/06/13
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  • 24

    Jun

INGN

Inogen

$71.29

-1.37 (-1.89%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
William Blair medical tech analyst to hold a luncheon »

Medical Technology…

03/08/13
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03/08/13
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03/06/13
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  • 24

    Jun

  • 26

    Aug

STXB

Spirit of Texas Bancshares

$22.49

0.07 (0.31%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Spirit of Texas Bancshares management to meet with Sandler ONeill »

Meetings to be held in…

03/08/13
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03/06/13
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03/06/13
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  • 24

    Jun

  • 25

    Jun

04:55
06/24/19
06/24
04:55
06/24/19
04:55
General news
Dallas Fed Mfg Survey General Activity Index to be reported at 10:30 »

June Dallas Fed Mfg…

04:55
06/24/19
06/24
04:55
06/24/19
04:55
General news
Breaking General news story  »

6-Month Bill Auction to…

INWK

InnerWorkings

$4.17

(0.00%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
InnerWorkings management to meet with Barrington »

Meetings to be held in…

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03/06/13
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  • 24

    Jun

  • 25

    Jun

OKTA

Okta

$130.77

-2.63 (-1.97%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
Okta management to meet with KeyBanc »

Dinner Meeting with CFO…

03/08/13
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  • 24

    Jun

STFC

State Auto Financial

$34.64

-0.18 (-0.52%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
State Auto Financial management to meet with Sandler O'Neill »

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  • 24

    Jun

  • 25

    Jun

ABT

Abbott

$85.04

0.07 (0.08%)

, EVTCY

Evotec

$0.00

(0.00%)

04:55
06/24/19
06/24
04:55
06/24/19
04:55
Conference/Events
American Society for Microbiology to hold a conference »

ASM Microbe 2019 will be…

ABT

Abbott

$85.04

0.07 (0.08%)

EVTCY

Evotec

$0.00

(0.00%)

WTKWY

Wolters Kluwer

$0.00

(0.00%)

TTPH

Tetraphase

$0.63

-0.02 (-3.10%)

PRTK

Paratek Pharmaceuticals

$3.77

(0.00%)

TMO

Thermo Fisher

$294.45

1.06 (0.36%)

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

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  • 17

    Jul

  • 02

    Dec

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