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AAPL

Apple

$197.87

-0.65 (-0.33%)

21:22
06/19/19
06/19
21:22
06/19/19
21:22

Apple initiated with a Hold at Deutsche Bank

Deutsche Bank started Apple with a Hold rating and $205 price target.

  • 19

    Jun

AAPL Apple
$197.87

-0.65 (-0.33%)

06/18/19
MSCO
06/18/19
NO CHANGE
Target $95
MSCO
Overweight
Qualcomm share ownership 'still worth the noise,' says Morgan Stanley
Morgan Stanley analyst James Faucette said being a Qualcomm (QCOM) shareholder has "always required a bit more mettle" given its history of political and legal risks, but he thinks that at current levels the stock is "still worth the noise." Faucette reduced his FY19 and FY20 estimates slightly because he no longer assumes Apple (AAPL) will refresh its portfolio to include more Qualcomm-based legacy models in late 2019 and most of FY20 and also to be more conservative in his assumption of Huawei's contribution. However, he is now modeling more impact from an uplift in 5G average selling prices and thinks if Huawei handsets are absorbed by other OEMs that Qualcomm could see a positive impact, Faucette noted. The analyst, who projects Qualcomm's FY21 earnings at about $6.80 per share, keeps an Overweight rating and $95 price target on the stock.
06/19/19
WEDB
06/19/19
NO CHANGE
WEDB
DOJ 'bark worse than the bite,' FAANG breakups not likely, says Wedbush
Wedbush analyst Daniel Ives notes that the noise is getting louder around regulation and antitrust concerns with FAANG names such as Amazon (AMZN), Facebook (FB), Google (GOOG), and Apple (AAPL), and while this is not a new issue per se, there is growing rhetoric around big tech's grip on e-commerce, digital advertising, the app ecosystem, social media, and search among other areas of the tech food chain. The analyst ultimately believes this is more noise versus the start of broader structural changes across the tech food chain and will likely result in business model tweaks and potential DOJ/FTC fines in a worst-case scenario rather than forced breakups of the underlying businesses. That said, Ives acknowledges that these potential DOJ probes could be an overhang on the stocks, but would encourage investors to focus on the fundamentals in the near-term as any probe would take many years to complete as witnessed first-hand with Microsoft (MSFT), which proved to be more noise than a structural jolt to its business model. Further, the analyst believes that Congress will investigate claims of anticompetitive behavior, but ultimately expects a "no harm, no foul" outcome on these FAANG names.
06/19/19
WEDB
06/19/19
NO CHANGE
Target $235
WEDB
Outperform
Wedbush sees Apple able to move 5%-7% of iPhone production out of China
Wedbush analyst Daniel Ives notes that according to a media report from Nikkei, Apple is seriously contemplating plans to move potentially 15%-30% of its iPhone production out of China over time due to trade tensions. The analyst highlights that the Foxconn factory in China is "the linchpin of Apple's iPhone production and speaks to why Cook & Co. have become the poster child" for this U.S./China trade war battle, which he believes has resulted in a "$20-$25 overhang" on Apple's stock. In a best-case scenario, Ives sees Apple being able to move 5%-7% of its iPhone production likely to India in the next 12-18 months. Moving 15% of its iPhone production from China to other regions would take at least 2-3 years given the complexity and logistics involved in such an endeavor and clearly have its share of risks, he adds. Ives reiterates an Outperform rating and a $235 price target on the shares.
06/19/19
MSCO
06/19/19
NO CHANGE
Target $231
MSCO
Overweight
Apple installed base still growing in China, says Morgan Stanley
Morgan Stanley analyst Katy Huberty noted that investor fears that a further escalation in the U.S. trade fight would result in meaningfully weaker iPhone demand from Chinese consumers pushed Apple shares down 12% over the course of two weeks in May. However, she points out in a new note to investors that recent data from Jiguang, a push-messaging service provider, shows May marked the fifth consecutive month of year-over-year smartphone installed base share gains for Apple in China. Given the generally weak China demand environment late last year, and the investor fears of a dramatic drop-off in near-term iPhone demand, Huberty calls the Jiguang info a "constructive data point," adding that she thinks iPhone price cuts, greater usage of financing, lower VAT taxes and improved Chinese consumer confidence are all contributing to "surprisingly stable demand trends" there for Apple. Huberty keeps an Overweight rating on Apple with a $231 price target.

TODAY'S FREE FLY STORIES

13:25
07/19/19
07/19
13:25
07/19/19
13:25
Conference/Events
JPMorgan auto/auto parts analyst to hold an analyst/industry conference call »

Autos & Auto Parts…

SPY

SPDR S&P 500 ETF Trust

$299.19

0.33 (0.11%)

, IVV

iShares Core S&P 500

$300.90

0.3 (0.10%)

13:18
07/19/19
07/19
13:18
07/19/19
13:18
General News
On The Fly: Weekly technical notes for S&P 500 »

For the past week ETF…

SPY

SPDR S&P 500 ETF Trust

$299.19

0.33 (0.11%)

IVV

iShares Core S&P 500

$300.90

0.3 (0.10%)

VOO

Vanguard S&P 500 ETF

$274.75

0.33 (0.12%)

XLP

Consumer Staples Sector SPDR

$60.37

0.03 (0.05%)

GLD

SPDR Gold Shares

$134.56

-1.88 (-1.38%)

IEF

iShares 7-10 Year Treasury Bond ETF

$109.67

-0.145 (-0.13%)

VXF

Vanguard Extended Market Index Fund

$120.12

0.26 (0.22%)

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
07/19/19
07/19
13:17
07/19/19
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
07/19/19
07/19
13:16
07/19/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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EGO

Eldorado Gold

$7.80

-0.03 (-0.38%)

13:15
07/19/19
07/19
13:15
07/19/19
13:15
Options
Eldorado Gold put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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03/06/13
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03/06/13
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  • 02

    Aug

SCBFF

Standard Chartered

$0.00

(0.00%)

13:07
07/19/19
07/19
13:07
07/19/19
13:07
Periodicals
Standard Chartered accused of handling $56.8B in illegal Iran deals, FT says »

Whistleblowers are…

03/08/13
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PSIX

Power Solutions

$0.00

(0.00%)

13:06
07/19/19
07/19
13:06
07/19/19
13:06
Hot Stocks
Former Power Solutions CEO charged with accounting fraud »

The Securities and…

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03/06/13
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AMC

AMC Entertainment

$10.38

0.765 (7.96%)

13:05
07/19/19
07/19
13:05
07/19/19
13:05
Options
AMC Entertainment call volume above normal and directionally bullish »

Bullish option flow…

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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  • 15

    Aug

  • 16

    Aug

  • 05

    Sep

13:04
07/19/19
07/19
13:04
07/19/19
13:04
General news
Baker-Hughes Rig Count N. Amer. data reported »

Week of 7/19 Baker-Hughes…

BHGE

Baker Hughes

$23.65

0.34 (1.46%)

13:01
07/19/19
07/19
13:01
07/19/19
13:01
Hot Stocks
Baker Hughes reports U.S. rig count down 4 to 954 rigs »

Baker Hughes reports that…

03/08/13
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  • 31

    Jul

  • 27

    Aug

12:45
07/19/19
07/19
12:45
07/19/19
12:45
General news
Breaking General news story  »

Week of 7/19 Baker-Hughes…

LYFT

Lyft

$67.78

1.74 (2.63%)

12:43
07/19/19
07/19
12:43
07/19/19
12:43
Hot Stocks
Lyft announces new airport pickup feature starting July 20 at LGA »

In a blog post, Lyft…

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03/06/13
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  • 07

    Aug

  • 08

    Aug

WMT

Walmart

$114.81

0.13 (0.11%)

12:41
07/19/19
07/19
12:41
07/19/19
12:41
Periodicals
Walmart to shuffle executives to further integrate stores and digital, CNBC says »

Walmart is shuffling its…

03/08/13
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  • 15

    Aug

  • 25

    Sep

  • 13

    Nov

WMT

Walmart

$114.83

0.15 (0.13%)

12:36
07/19/19
07/19
12:36
07/19/19
12:36
Periodicals
Walmart to shuffle executives to further integrate stores and digital, CNBC says »

CNBC's Courtney…

03/08/13
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03/06/13
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03/06/13
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  • 15

    Aug

  • 25

    Sep

  • 13

    Nov

NFLX

Netflix

$321.59

-3.55 (-1.09%)

12:29
07/19/19
07/19
12:29
07/19/19
12:29
Periodicals
Eddie Murphy in talks with Netflix over comedy specials, TMZ reports »

Comedian and actor Eddie…

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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  • 03

    Aug

FL

Foot Locker

$42.72

0.35 (0.83%)

12:25
07/19/19
07/19
12:25
07/19/19
12:25
Options
Foot Locker call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Aug

  • 19

    Sep

  • 25

    Sep

DIS

Disney

$141.00

-0.62 (-0.44%)

, SNE

Sony

$53.93

-0.02 (-0.04%)

12:21
07/19/19
07/19
12:21
07/19/19
12:21
On The Fly
Box Office Battle: 'Lion King' expected to claim this weekend's throne »

Welcome to "Box Office…

DIS

Disney

$141.00

-0.62 (-0.44%)

SNE

Sony

$53.93

-0.02 (-0.04%)

T

AT&T

$32.91

-0.185 (-0.56%)

CBS

CBS

$51.32

-0.02 (-0.04%)

CMCSA

Comcast

$44.14

-0.42 (-0.94%)

CMCSK

Comcast

$0.00

(0.00%)

LGF.A

Lionsgate

$11.72

0.14 (1.21%)

LGF.B

Lionsgate

$11.05

0.03 (0.27%)

VIA

Viacom

$35.39

0.39 (1.11%)

VIAB

Viacom

$30.79

0.2 (0.65%)

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

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  • 24

    Jul

  • 25

    Jul

  • 30

    Jul

  • 30

    Jul

  • 06

    Aug

  • 08

    Aug

  • 08

    Aug

  • 08

    Aug

  • 08

    Aug

  • 08

    Aug

  • 08

    Aug

12:21
07/19/19
07/19
12:21
07/19/19
12:21
Conference/Events
Wolfe Research utilities/midstream analyst to hold a group luncheon »

Utilities & Midstream…

AMRX

Amneal Pharmaceuticals

$3.35

-0.04 (-1.18%)

, BMY

Bristol-Myers

$43.57

-0.47 (-1.07%)

12:18
07/19/19
07/19
12:18
07/19/19
12:18
Hot Stocks
Amneal Pharmaceuticals granted tentative FDA approval of Apremilast »

Amneal Pharmaceuticals…

AMRX

Amneal Pharmaceuticals

$3.35

-0.04 (-1.18%)

BMY

Bristol-Myers

$43.57

-0.47 (-1.07%)

CELG

Celgene

$90.39

-0.51 (-0.56%)

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

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  • 19

    Jul

  • 25

    Jul

  • 08

    Aug

  • 03

    Sep

  • 16

    Sep

  • 04

    Dec

  • 25

    Mar

  • 04

    Apr

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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

Volume is average for…

03/08/13
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03/06/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

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

Volume is below average…

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YGTY

SSLJ.com

$1.18

-0.12 (-9.23%)

12:15
07/19/19
07/19
12:15
07/19/19
12:15
Hot Stocks
Breaking Hot Stocks news story on SSLJ.com »

SSLJ com Ltd (Class A…

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BA

Boeing

$374.39

13.22 (3.66%)

, MSFT

Microsoft

$138.27

1.98 (1.45%)

12:10
07/19/19
07/19
12:10
07/19/19
12:10
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks are modestly…

BA

Boeing

$374.39

13.22 (3.66%)

MSFT

Microsoft

$138.27

1.98 (1.45%)

AXP

American Express

$125.00

-3.4 (-2.65%)

GCI

Gannett

$9.62

1.72 (21.77%)

CRWD

Crowdstrike

$83.30

10.55 (14.50%)

SKX

Skechers

$39.35

4.6 (13.24%)

MIK

Michaels

$7.75

-0.62 (-7.41%)

PACB

Pacific Biosciences

$5.23

-0.64 (-10.90%)

ILMN

Illumina

$291.57

-6.97 (-2.33%)

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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  • 19

    Jul

  • 24

    Jul

  • 29

    Jul

  • 03

    Aug

  • 06

    Aug

  • 08

    Aug

  • 03

    Sep

  • 25

    Sep

  • 13

    Nov

CMI

Cummins

$170.04

2.08 (1.24%)

, VWAGY

Volkswagen

$0.00

(0.00%)

12:06
07/19/19
07/19
12:06
07/19/19
12:06
Periodicals
Cummins makes bid for VW's MAN Energy Solutions unit, Reuters says »

Cummins (CMI) has made an…

CMI

Cummins

$170.04

2.08 (1.24%)

VWAGY

Volkswagen

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 30

    Jul

  • 06

    Aug

SSRM

SSR Mining

$15.69

-0.04 (-0.25%)

12:05
07/19/19
07/19
12:05
07/19/19
12:05
Options
SSR Mining call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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  • 09

    Aug

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