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BABA

Alibaba

$158.10

-2.155 (-1.34%)

06:34
06/17/19
06/17
06:34
06/17/19
06:34

Alibaba proposes one-to-eight stock split ahead of HK listing, Reuters reports

Alibaba has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20B, Reuters reports. The split, to be presented to shareholders for a vote at an annual general meeting in Hong Kong on July 15, would increase flexibility in the firm's capital raising activities, including the issuance of new shares. Reference Link

BABA Alibaba
$158.10

-2.155 (-1.34%)

06/04/19
LOOP
06/04/19
INITIATION
Target $250
LOOP
Buy
Alibaba initiated with a Buy at Loop Capital
As previously reported, Loop Capital analyst Rob Sanderson initiated Alibaba with a Buy rating and a price target of $250. The analyst says the company represents the "world's most complete digital retail ecosystem" with dominant positioning in commerce marketplaces, digital payments infrastructure, and cloud computing services. Sanderson also believes that Alibaba can sustain its growth trends in core commerce and ramp up margins in its investment areas, with "meaningful" stock price appreciation potential if fears of a U.S.-China trade wars normalize.
06/04/19
BARD
06/04/19
NO CHANGE
BARD
Risk of large-cap tech breakups 'fairly low,' says Baird
Following yesterday's multiple media reports that antitrust regulators were laying out their lines of responsibility if they choose to pursue investigations of Google (GOOGL), Amazon (AMZN), Facebook (FB) and Apple (AAPL), Baird analyst Colin Sebastian said he views the odds of "nuclear options," such as forced breakups of Google, Facebook or Amazon, as "fairly low." However, he sees the chances of anti-trust action short of breakups as "moderate" and thinks the odds of regulation around privacy and security are "relatively high." Sebastian thinks Amazon and Alibaba (BABA) could outperform other large-cap tech stocks amid the "specter of government intervention," though he also thinks positive revenue trends at Facebook could lead to a rebound after investors digest the current news.
06/04/19
06/04/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Uber (UBER) was initiated with an Overweight at Barclays and Morgan Stanley, an Outperform at Oppenheimer, Cowen, William Blair, and JMP Securities, a Buy at Canaccord, SunTrust, Deutsche Bank, Loop Capital, Mizuho, BTIG, Needham, and BofA/Merrill, and a Neutral at Citi. 2. Lyft (LYFT) was initiated with a Buy at BTIG, SunTrust, and Citi, a Hold at Loop Capital, and an Equal Weight at Barclays. 3. Alibaba (BABA), JD.com (JD), and Twitter (TWTR) were initiated with a Buy at Loop Capital, while Alphabet (GOOG, GOOGL) was initiated with a Hold. 4. Pfizer (PFE) was resumed with an Overweight at Morgan Stanley. 5. Neon Therapeutics (NTGN) was initiated with a Buy at Mizuho. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/11/19
UBSW
06/11/19
NO CHANGE
Target $210
UBSW
Buy
Alibaba offers 'attractive long-term risk/reward', says at UBS
UBS analyst Jerry Liu kept his Buy rating and $210 price target on Alibaba as part of the "UBS Evidence Lab's Marketing Thinking Game" research note. The analyst says the percentage of investors predicting the number of their peers remaining bullish on the stock has slid slightly to 55% from 60% to reflect the near-term headwinds, including "Altaba distribution, insider selling and advertising market weakness", but he believes that the stock offers an "attractive" long-term risk-reward at its current price. Liu is positive on Alibaba's focus on "balanced growth" between revenue and profitability, also anticipating that the company will narrow losses from its "many key investment areas" in FY20.

TODAY'S FREE FLY STORIES

KKR

KKR

$26.21

-0.34 (-1.28%)

12:35
07/16/19
07/16
12:35
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12:35
Options
KKR put volume heavy and directionally bearish »

Bearish flow noted in KKR…

03/08/13
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  • 25

    Jul

12:30
07/16/19
07/16
12:30
07/16/19
12:30
General news
Fed's Kaplan said he could see a rate cut given signals from the bond market »

Fed's Kaplan said he…

TELL

Tellurian

$7.91

0.13 (1.67%)

12:25
07/16/19
07/16
12:25
07/16/19
12:25
Options
Tellurian call volume above normal and directionally bullish »

Bullish option flow…

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  • 16

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JPM

JPMorgan

$114.77

0.9 (0.79%)

, GS

Goldman Sachs

$213.28

1.73 (0.82%)

12:24
07/16/19
07/16
12:24
07/16/19
12:24
On The Fly
Fly Intel: Wall Street's top stories at midday »

The major averages were…

JPM

JPMorgan

$114.77

0.9 (0.79%)

GS

Goldman Sachs

$213.28

1.73 (0.82%)

JNJ

Johnson & Johnson

$132.78

-1.89 (-1.40%)

WFC

Wells Fargo

$45.59

-1.11 (-2.38%)

MLNT

Melinta Therapeutics

$4.47

0.29 (6.94%)

JBHT

J.B. Hunt

$98.40

5.9 (6.38%)

QTT

Qutoutiao

$4.26

-0.27 (-5.96%)

DPZ

Domino's Pizza

$249.00

-20.97 (-7.77%)

03/08/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
07/16/19
07/16
12:17
07/16/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
07/16/19
07/16
12:16
07/16/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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RRC

Range Resources

$5.69

-0.31 (-5.17%)

12:15
07/16/19
07/16
12:15
07/16/19
12:15
Options
Range Resources put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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  • 26

    Jul

  • 13

    Aug

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$300.28

-0.5 (-0.17%)

12:06
07/16/19
07/16
12:06
07/16/19
12:06
Periodicals
Trump says trade deal with China has long way to go, CNBC reports »

President Trump told…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$300.28

-0.5 (-0.17%)

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

Liberty Global

$26.47

-0.01 (-0.04%)

12:05
07/16/19
07/16
12:05
07/16/19
12:05
Options
Liberty Global 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
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03/06/13
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  • 08

    Aug

12:05
07/16/19
07/16
12:05
07/16/19
12:05
General news
Breaking General news story  »

Dallas Federal Reserve…

GIGA

Giga-tronics

$0.00

(0.00%)

, LMT

Lockheed Martin

$366.99

-0.66 (-0.18%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Giga-tronics receives orders totaling $3.74M from Lockheed and Raytheon »

Giga-tronics (GIGA)…

GIGA

Giga-tronics

$0.00

(0.00%)

LMT

Lockheed Martin

$366.99

-0.66 (-0.18%)

RTN

Raytheon

$178.90

0.82 (0.46%)

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

    Jul

  • 25

    Jul

TV

Televisa

$9.02

-0.57 (-5.94%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Televisa falls -5.9% »

Televisa is down -5.9%,…

03/08/13
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DPZ

Domino's Pizza

$250.00

-19.97 (-7.40%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Domino's Pizza falls -7.4% »

Domino's Pizza is…

03/08/13
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  • 16

    Jul

  • 13

    Nov

UGAZ

VelocityShares 3x Long Natural Gas ETN

$16.06

-1.92 (-10.68%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
VelocityShares 3x Long Natural Gas ETN falls -10.8% »

VelocityShares 3x Long…

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FSM

Fortuna Silver Mines

$3.12

0.335 (12.03%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Fortuna Silver Mines rises 12.4% »

Fortuna Silver Mines is…

03/08/13
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GCAP

Gain Capital

$4.70

0.67 (16.63%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Gain Capital rises 16.6% »

Gain Capital is up 16.6%,…

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  • 25

    Jul

APRN

Blue Apron

$11.04

3.39 (44.31%)

12:00
07/16/19
07/16
12:00
07/16/19
12:00
Hot Stocks
Blue Apron rises 43.6% »

Blue Apron is up 43.6%,…

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  • 06

    Aug

11:55
07/16/19
07/16
11:55
07/16/19
11:55
Conference/Events
Stephens restaurants analyst to hold a luncheon meeting »

Restaurants Analyst…

PAAS

Pan American Silver

$13.84

0.66 (5.01%)

11:45
07/16/19
07/16
11:45
07/16/19
11:45
Options
Pan American Silver 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
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  • 08

    Aug

11:45
07/16/19
07/16
11:45
07/16/19
11:45
General news
Treasury's $26 B 52-week bill auction was ok »

Treasury's $26 B…

KMT

Kennametal

$35.00

0.205 (0.59%)

, CGNX

Cognex

$42.63

0.13 (0.31%)

11:36
07/16/19
07/16
11:36
07/16/19
11:36
On The Fly
Home Depot, FactSet downgrades among today's top analyst calls »

Check out today's top…

KMT

Kennametal

$35.00

0.205 (0.59%)

CGNX

Cognex

$42.63

0.13 (0.31%)

PH

Parker-Hannifin

$171.02

3.34 (1.99%)

TKR

Timken

$48.49

0.8 (1.68%)

HD

Home Depot

$218.00

-0.71 (-0.32%)

FDS

FactSet

$283.55

-10.69 (-3.63%)

LH

LabCorp

$174.89

0.345 (0.20%)

MU

Micron

$43.47

-0.94 (-2.12%)

03/08/13
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  • 16

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  • 09

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11:36
07/16/19
07/16
11:36
07/16/19
11:36
General news
52-Week Bill Auction Bid/Cover data reported »

52-Week Bill Auction…

11:36
07/16/19
07/16
11:36
07/16/19
11:36
General news
52-Week Bill Auction Total Amount data reported »

52-Week Bill Auction…

GCAP

Gain Capital

$4.82

0.79 (19.60%)

11:35
07/16/19
07/16
11:35
07/16/19
11:35
Periodicals
Gain Capital declines comment to Bloomberg on speculation of talks with Plus500 »

Bloomberg cites an email…

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03/06/13
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  • 25

    Jul

QEP

QEP Resources

$6.64

-0.12 (-1.78%)

11:35
07/16/19
07/16
11:35
07/16/19
11:35
Options
QEP Resources put volume heavy and directionally bearish »

Bearish flow noted in QEP…

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