Breaking News Instant updates and real-time market news.

AMZN

Amazon.com

$1,914.14

0.71 (0.04%)

, ROKU

Roku

$98.12

-1.86 (-1.86%)

09:49
06/25/19
06/25
09:49
06/25/19
09:49

Amazon introducing three new smart televisions, Ars Technica reports

Amazon (AMZN) is introducing three new smart televisions made by Toshiba (TOSBF) that bring HDR support to the product line for the first time, Ars Technica's Anna Washenko reports. The Toshiba 4K UHD Smart TV HDR, which has a 4K resolution as well as a 60Hz refresh rate, will compete with Roku TV (ROKU). Reference Link

AMZN

Amazon.com

$1,914.14

0.71 (0.04%)

ROKU

Roku

$98.12

-1.86 (-1.86%)

TOSBF

Toshiba, also use TOSYY

$0.00

(0.00%)

TOSYY

Toshiba, also use TOSBF

$0.00

(0.00%)

  • 25

    Jun

  • 10

    Jul

AMZN Amazon.com
$1,914.14

0.71 (0.04%)

06/25/19
PIPR
06/25/19
NO CHANGE
PIPR
CDN Tracker data positive for Akamai, says Piper Jaffray
Piper Jaffray analyst James Fish said the firm's tracking of 250 of the top websites leveraging a Content Delivery Network, or CDN, was mostly positive for Akamai (AKAM), which he reiterates as his top pick in the space. The top five CDN vendors this quarter, based on his data, were Akamai, Fastly (FSLY), Amazon (AMZN), Cloudflare and Verizon (VZ), noted Fish, who believes share was taken by the "Big 4" at the expense of primarily Verizon during the period.
06/25/19
DADA
06/25/19
NO CHANGE
Target $14
DADA
Neutral
Sally Beauty price target lowered to $14 from $16.50 at DA Davidson
DA Davidson analyst Linda Bolton Weiser lowered her price target for Sally Beauty (SBH) to $14 from $16.50 following the launch of Amazon's (AMZN) professional beauty store. In a research note to investors, the analyst says she estimates 19% of Sally Beauty's operating profit is directly threatened, with an additional 33% potentially at risk for increased competition.
06/25/19
OPCO
06/25/19
NO CHANGE
OPCO
Perform
Amazon entrance to likely continue to depress Sally's multiple, says Oppenheimer
Oppenheimer analyst Rupesh Parikh notes that Amazon (AMZN) Business announced the launch of the Amazon Professional Beauty store and that he spoke with Sally Beauty (SBH) management. Given the exclusivity the BSG side of the business has with key brands, the analyst think announcement would have a minimal nearer-term impact on Sally's business. Nonetheless, Parikh believes Amazon's entrance and interest in the category will likely continue to depress Sally Beauty's multiple to even lower levels until the company can demonstrate the ability to return to positive comp growth on a sustainable base. For now, Ulta Beauty (ULTA) and Estee Lauder (EL) remain his top beauty picks. The analyst has a Perform rating on Sally Beauty's shares.
06/25/19
WBLR
06/25/19
NO CHANGE
WBLR
Outperform
Ulta Beauty pullback on Amazon news a buying opportunity, says William Blair
William Blair analyst Daniel Hofkin said he would recommend buying Ulta Beauty (ULTA) shares on any pullback related to yesterday's announcement from Amazon (AMZN) of the launch of the "Amazon Professional Beauty Store." Amazon's new online store specifically targets professional stylists, while Ulta targets the end-user beauty enthusiast and does not offer any specific incentives for professional stylists, Hofkin tells investors. Additionally, one of the largest categories of products that professionals buy is color, which Ulta does not sell for professionals, noted the analyst, who keeps an Outperform rating on Ulta shares.
ROKU Roku
$98.12

-1.86 (-1.86%)

06/05/19
06/05/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Roku (ROKU) upgraded to Buy from Neutral at Guggenheim with analyst Michael Morris saying he sees "strong secular tailwinds" for streaming video consumption and believes the company's Q1 results were representative of the core trajectory for its key metrics. 2. Cronos Group (CRON) double upgraded to Buy from Underperform at BofA/Merrill with analyst Christopher Carey saying he has improved confidence that Cronos is near announcing a launch in the U.S., following recent comments by management. 3. Medtronic (MDT) upgraded to Outperform from Market Perform at Wells Fargo with analyst Lawrence Biegelsen saying the company's late stage pipeline will accelerate its growth into fiscal 2021. 4. e.l.f. Beauty (ELF) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Dara Mohsenian saying he views valuation as more reasonable following the 53% drop in the stock over the last year. 5. FleetCor (FLT) and Wex (WEX) upgraded to Buy from Neutral at Goldman Sachs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/05/19
GUGG
06/05/19
UPGRADE
Target $119
GUGG
Buy
Guggenheim upgrades 'uniquely well positioned' Roku to Buy with $119 target
Guggenheim analyst Michael Morris upgraded Roku to Buy from Neutral and raised his price target for the shares to $119 from $75. The stock closed yesterday up $3.89 to $93.60. The analyst sees "strong secular tailwinds" for streaming video consumption and believes the company's Q1 results were representative of the core trajectory for its key metrics. Roku is one of the only pure-play streaming video companies and is "uniquely well positioned" to benefit from the continued audience shift to digital video consumption, Morris tells investors in a research note. The analyst expects continued growth in account and streaming metrics, the closing of the video advertising pricing gap with traditional television, and incremental content distribution revenue recognition to serve as key catalysts for Roku shares. His new price target is based on five-times his 2023 platform segment sales estimate of $2.8B and assigns a $1B valuation to the company's international business. Morris' bull-case scenario, which assumes a higher video advertising growth rate, implies a $130 per share value using the same valuation parameters.
06/05/19
GUGG
06/05/19
UPGRADE
Target $119
GUGG
Buy
Roku upgraded to Buy from Neutral at Guggenheim
Guggenheim analyst Michael Morris upgraded Roku to Buy from Neutral and raised his price target for the shares to $119 from $75 .
05/29/19
NEED
05/29/19
NO CHANGE
Target $120
NEED
Buy
Roku price target raised to $120 from $85 at Needham
Needham analyst Laura Martin raised her price target on Roku to $120 and kept her Buy rating after hosting a "Streaming Panel" event last week. The analyst notes that the participants, which included Pluto TV, FuboTV, and Tubi TV, highlighted "unique advantages" offered by Roku being an OTT "aggregation platform" rather than a single streaming service. Martin further points to Roku's 27M active users, revenue optionality from new Subscription Video On Demand services, and its "unduplicatable premium digital-TV advertising scale." The analyst further believes that because of its "small enough" market cap of $12B, Roku can still be an acquisition target.
TOSBF Toshiba, also use TOSYY
$0.00

(0.00%)

08/15/18
COWN
08/15/18
DOWNGRADE
Target $70
COWN
Market Perform
Western Digital downgraded to Market Perform on competitive pressure at Cowen
As reported previously, Cowen analyst Karl Ackerman downgraded Western Digital (WDC) to Market Perform from Outperform as his recent supply chain field work pointed to "substantial, unabated competitive pricing tactics" by the company and Toshiba (TOSBF) to gain share of enterprise and client solid state drives. He also worries that Western Digital's efforts to scale back incremental NAND wafer adds to support pricing is not without significant risk, Ackerman tells investors. Ackerman lowered his price target to $70 from $100 on Western Digital shares, which are down about 3% to $63.20 in pre-market trading.
08/15/18
08/15/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. NVIDIA DOUBLE UPGRADE AHEAD OF EARNINGS: Wells Fargo analyst Aaron Rakers upgraded Nvidia (NVDA) two notches to Outperform from Underperform and raised his price target to $315 from $140, citing the company's competitive position in gaming as well as its AI / deep learning data center growth opportunities. Rakers also points to the company's new Turing GPU architecture as well as the "well-understood" investor perception of weakening in cryptocurrency-related demand. MKM SAYS LOOK BEYOND NEAR-TERM, BUY HASBRO: MKM Partners analyst Eric Handler upgraded Hasbro (HAS) to Buy from Neutral and raised his price target to $115 from $92 as he contends investors should look beyond the 2018 industry issues and anticipate a "material fundamental recovery" in the next two years thanks to the company's large toy line additions and expected margin expansion. WESTERN DIGITAL CUT TO PERFORM: Cowen analyst Karl Ackerman downgraded Western Digital (WDC) to Market Perform from Outperform as his recent supply chain field work pointed to "substantial, unabated competitive pricing tactics" by the company and Toshiba (TOSBF) to gain share of enterprise and client solid state drives. He also worries that Western Digital's efforts to scale back incremental NAND wafer adds to support pricing is not without significant risk. STIFEL SAYS BUY GW PHARMA AHEAD OF EPIDIOLEX LAUNCH: Stifel analyst Paul Matteis started GW Pharmaceuticals with a Buy rating and $181 price target, as he expects a "strong" Epidiolex launch in Dravet/Lennox Gastaut and put an 80% odds-of-success for Epidiolex in Tuberous Sclerosis complex. The analyst's epilepsy physician survey suggests broad physician and patient awareness of Epidiolex ahead of the launch, believes the 2019 consensus sales estimate of $115M "seems doable" and forecasts Epidiolex will hit $1.5B in U.S. sales in 2023.
09/07/18
BOFA
09/07/18
NO CHANGE
Target $100
BOFA
Buy
Micron still headed for record-high revenue and profit, says BofA/Merrill
BofA/Merrill analyst Simon Woo kept his Buy rating and $100 price target on Micron (MU), saying the fundamentals of the company's earnings remain solid, and the recent correction in the stock price is likely "sentiment related". The analyst notes that the company is still headed for "record-high revenue/profit", and the stalled rise in memory chip prices does not signal a market downturn. Woo further points to a "tight" supply/demand environment and does not agree with the bears' concerns around "abnormally high chip inventories among OEMs and internet companies". Instead, Woo states that his checks suggest that Samsung (SSNLF) is experiencing "limited chip production growth" while forecasting Toshiba (TOSBF) to reduce its potential CAPEX under the management control of Bain Capital.
10/10/18
BFIN
10/10/18
NO CHANGE
BFIN
BlueFin checks show Lumentum received increased orders from Apple
BlueFin analysts John Donovan and Steve Mullane say their firm's latest supply chain checks suggest "strong and stable" iPhone demand. While unit demand has not changed, the mix to higher storage models has increased, which should benefit Toshiba (TOSBF), Samsung (SSNLF), and Micron Technology (MU), Donovan and Mullane tell investors in a research note. Further, BlueFin's latest checks reveal Lumentum (LITE) has received increased orders recently while competitors II-VI (IIVI) and Finisar (FNSR) continue to focus on securing second-source positioning. The latest on the two latter companies is mixed, but overall "encouraging," the analysts contend. As far as the rumors that Apple is exploring internal VCSEL development, they believe this is "more of a negotiating tactic at this point." VCSEL demand "looks to be skyrocketing" and the frustration in developing a secure second-source has likely caused Apple to explore internal development, write Donovan and Mullane. They understand Apple has looked into fabs in Taiwan to see about VCSEL development but note the earliest this could materialize is 2020-2021. This is likely more of a "call to arms" by Apple for Finisar, II-VI, and Lumentum to increase production to meet the demand, "or else face the consequences."
TOSYY Toshiba, also use TOSBF
$0.00

(0.00%)

07/27/18
STFL
07/27/18
NO CHANGE
Target $93
STFL
Buy
Western Digital price target lowered to $93 from $114 at Stifel
Stifel analyst Kevin Cassidy said that Western Digital's (WDC) Q1 guidance missed estimates due to NAND Flash price pressures and noted that management says they are in talks with manufacturing partner Toshiba (TOSBF) to moderate NAND supply growth. He views this discussion as a change in behavior and a positive signal that memory cycles can be dampened as companies focus on ROI rather than market share, Cassidy tells investors. Given his lowered quarterly revenue and non-GAAP EPS estimates, Cassidy cut his price target on Western Digital shares to $93, but he maintains a Buy rating on the stock.

TODAY'S FREE FLY STORIES

SPY

SPDR S&P 500 ETF Trust

$300.59

-0.09 (-0.03%)

, SPX

S&P 500

$0.00

(0.00%)

14:29
07/15/19
07/15
14:29
07/15/19
14:29
General news
Mnuchin said he thinks a budget deal is 'close' »

Treasury Secretary Steve…

SPY

SPDR S&P 500 ETF Trust

$300.59

-0.09 (-0.03%)

SPX

S&P 500

$0.00

(0.00%)

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

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$300.57

-0.11 (-0.04%)

, SPX

S&P 500

$0.00

(0.00%)

14:27
07/15/19
07/15
14:27
07/15/19
14:27
General news
Mnuchin says had 'very productive' talks with Pelosi on debt ceiling »

Treasury Secretary Steve…

SPY

SPDR S&P 500 ETF Trust

$300.57

-0.11 (-0.04%)

SPX

S&P 500

$0.00

(0.00%)

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

See Street Research during your Free Trial

LOGC

LogicBio Therapeutics

$12.55

0.41 (3.38%)

14:26
07/15/19
07/15
14:26
07/15/19
14:26
Conference/Events
LogicBio Therapeutics management to meet with Jefferies »

Meetings to be held in…

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

See Street Research during your Free Trial

  • 18

    Jul

  • 19

    Jul

QURE

uniQure

$68.66

-1.74 (-2.47%)

14:25
07/15/19
07/15
14:25
07/15/19
14:25
Options
uniQure call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

  • 30

    Jul

  • 09

    Sep

AVGO

Broadcom

$290.65

5.26 (1.84%)

, SYMC

Symantec

$21.78

-3.78 (-14.79%)

14:21
07/15/19
07/15
14:21
07/15/19
14:21
Periodicals
Broadcom still keen to find solution as Symantec bid stalls over price, FT says »

Broadcom's (AVGO)…

AVGO

Broadcom

$290.65

5.26 (1.84%)

SYMC

Symantec

$21.78

-3.78 (-14.79%)

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

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
07/15/19
07/15
14:17
07/15/19
14:17
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

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
07/15/19
07/15
14:16
07/15/19
14:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

See Street Research during your Free Trial

KKR

KKR

$26.49

-0.32 (-1.19%)

14:15
07/15/19
07/15
14:15
07/15/19
14:15
Options
KKR put volume heavy and directionally bearish »

Bearish flow noted in KKR…

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

See Street Research during your Free Trial

  • 25

    Jul

14:15
07/15/19
07/15
14:15
07/15/19
14:15
General news
Fed funds futures are fractionally higher »

Fed funds futures are…

FB

Facebook

$203.96

-0.945 (-0.46%)

, BTC

Bitcoin

$0.00

(0.00%)

14:14
07/15/19
07/15
14:14
07/15/19
14:14
Hot Stocks
Mnuchin says Trump has cryptocurrency concerns, won't target a specific provider »

Asked about President…

FB

Facebook

$203.96

-0.945 (-0.46%)

BTC

Bitcoin

$0.00

(0.00%)

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

See Street Research during your Free Trial

  • 16

    Jul

  • 17

    Jul

  • 24

    Jul

C

Citi

$71.87

0.12 (0.17%)

14:11
07/15/19
07/15
14:11
07/15/19
14:11
Hot Stocks
Citi reports June credit loss rate 2.56% vs. 2.74% last month »

Reports June 30-plus day…

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

See Street Research during your Free Trial

  • 15

    Jul

  • 13

    Aug

FB

Facebook

$203.77

-1.135 (-0.55%)

14:09
07/15/19
07/15
14:09
07/15/19
14:09
Hot Stocks
Breaking Hot Stocks news story on Facebook »

Mnuchin says Facebook…

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

See Street Research during your Free Trial

  • 16

    Jul

  • 17

    Jul

  • 24

    Jul

FB

Facebook

$203.81

-1.095 (-0.53%)

, BTC

Bitcoin

$0.00

(0.00%)

14:07
07/15/19
07/15
14:07
07/15/19
14:07
Hot Stocks
Mnuchin says Treasury has 'serious concerns' about Facebook's Libra, bitcoin »

Treasury Secretary Steven…

FB

Facebook

$203.81

-1.095 (-0.53%)

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

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

See Street Research during your Free Trial

  • 16

    Jul

  • 17

    Jul

  • 24

    Jul

SCHW

Charles Schwab

$40.49

0.47 (1.17%)

14:05
07/15/19
07/15
14:05
07/15/19
14:05
Options
Charles Schwab call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

  • 19

    Jul

  • 27

    Oct

CSGP

CoStar Group

$583.45

-3.56 (-0.61%)

14:05
07/15/19
07/15
14:05
07/15/19
14:05
Hot Stocks
CoStar Group signs agreement with Behar Group Realty »

CoStar Group is pleased…

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

See Street Research during your Free Trial

  • 23

    Jul

  • 12

    Aug

  • 13

    Nov

HTGC

Hercules Capital

$12.96

-0.02 (-0.15%)

14:00
07/15/19
07/15
14:00
07/15/19
14:00
Hot Stocks
Hercules Capital reports separation agreement with Manuel Henriquez »

In a regulatory filing…

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

See Street Research during your Free Trial

  • 01

    Aug

GLPG

Galapagos

$170.88

25.21 (17.31%)

13:59
07/15/19
07/15
13:59
07/15/19
13:59
Downgrade
Galapagos rating change at Raymond James »

Galapagos downgraded to…

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

See Street Research during your Free Trial

  • 26

    Jul

  • 09

    Sep

LVMUY

LVMH

$0.00

(0.00%)

13:52
07/15/19
07/15
13:52
07/15/19
13:52
Hot Stocks
LVMH announces partnership with Stella McCartney »

Stella McCartney and LVMH…

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

See Street Research during your Free Trial

  • 24

    Jul

SCHW

Charles Schwab

$40.49

0.47 (1.17%)

13:51
07/15/19
07/15
13:51
07/15/19
13:51
Recommendations
Charles Schwab analyst commentary  »

Wells says Schwab deal…

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

See Street Research during your Free Trial

  • 19

    Jul

  • 27

    Oct

AMC

AMC Entertainment

$9.45

(0.00%)

13:45
07/15/19
07/15
13:45
07/15/19
13:45
Options
AMC Entertainment call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

  • 05

    Sep

SPY

SPDR S&P 500 ETF Trust

$300.31

-0.37 (-0.12%)

, SPX

S&P 500

$0.00

(0.00%)

13:43
07/15/19
07/15
13:43
07/15/19
13:43
Periodicals
Trump ponders firing Commerce Secretary Wilbur Ross, NBC News says »

According to an earlier…

SPY

SPDR S&P 500 ETF Trust

$300.31

-0.37 (-0.12%)

SPX

S&P 500

$0.00

(0.00%)

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

See Street Research during your Free Trial

MDCO

The Medicines Co.

$36.65

-0.03 (-0.08%)

13:35
07/15/19
07/15
13:35
07/15/19
13:35
Options
Medicines Company put volume heavy and directionally bearish »

Bearish flow noted in…

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

See Street Research during your Free Trial

NTGN

Neon Therapeutics

$4.61

0.3 (6.96%)

13:30
07/15/19
07/15
13:30
07/15/19
13:30
Recommendations
Neon Therapeutics analyst commentary at Mizuho »

Neon Therapeutics'…

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

See Street Research during your Free Trial

  • 09

    Sep

SYMC

Symantec

$21.73

-3.83 (-14.98%)

, AVGO

Broadcom

$289.18

3.79 (1.33%)

13:27
07/15/19
07/15
13:27
07/15/19
13:27
Periodicals
Broadcom was willing to pay up $28.25 per share for Symantec, Reuters reports »

Symantec (SYMC) walked…

SYMC

Symantec

$21.73

-3.83 (-14.98%)

AVGO

Broadcom

$289.18

3.79 (1.33%)

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

See Street Research during your Free Trial

CARA

Cara Therapeutics

$25.55

1.25 (5.14%)

13:25
07/15/19
07/15
13:25
07/15/19
13:25
Options
Cara Therapeutics call volume above normal and directionally bullish »

Bullish option flow…

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

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.