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FB

Facebook

$187.60

-1.27 (-0.67%)

, GOOG

Alphabet

$1,079.73

-6.76 (-0.62%)

06:02
06/27/19
06/27
06:02
06/27/19
06:02

Facebook CEO defends decision to keep doctored Pelosi video, CNET reports

Facebook (FB) CEO Mark Zuckerberg says the company could have acted more quickly to flag a doctored Nancy Pelosi video but defended its decision to leave it up, CNET's Queenie Wong reports. At the Aspen Ideas Festival in Colorado, Zuckerberg said it took time for Facebook's systems to flag it and for fact-checkers to rate the video as false, which reduced its spread on the site, saying "During that time, it got more distribution than our policy ... should have allowed," adding that "So that was an execution mistake." YouTube (GOOGL) removed the video, but Facebook and Twitter (TWTR) left it up, the report notes. Reference Link

FB

Facebook

$187.60

-1.27 (-0.67%)

GOOG

Alphabet

$1,079.73

-6.76 (-0.62%)

GOOGL

Alphabet Class A

$1,080.51

-7.14 (-0.66%)

TWTR

Twitter

$35.22

0.5 (1.44%)

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    Oct

FB Facebook
$187.60

-1.27 (-0.67%)

06/19/19
RHCO
06/19/19
NO CHANGE
Target $215
RHCO
Buy
Facebook Libra initiative to 'disrupt financial services', says SunTrust
SunTrust analyst Youssef Squali kept his Buy rating and $215 price target on Facebook after its white paper release on its intended launch of the Libra blockchain currency platform that would offer "access to better and cheaper financial services worldwide." The analyst notes that since the platform would likely take "several years to develop", he is not changing any of its near-term financial estimates for the company. Nonetheless, Squali contends that Libra represents a "major initiative for Facebook", with potential to put it front and center in areas beyond advertising and including commerce and financial services toward "material" expansion of its total addressable market and growth prospects.
06/24/19
OPCO
06/24/19
NO CHANGE
Target $225
OPCO
Outperform
Oppenheimer remains bullish on Facebook ahead of Q2 results
Oppenheimer analyst Jason Helfstein remains bullish on Facebook shares ahead of Q2 results. Despite the seemingly ever-present regulation threat, engagement and monetization appear strong, he contends. The analyst notes that agency checks suggest news headlines are having no impact on advertisers client spending, so long as conversion and ROI remain strong. Meanwhile, 3P data remains bullish, suggesting engagement remains healthy, he adds. Lastly, Helfstein points out that a deeper look into CCPA shows that it may have a weaker than expected effect, and thinks Facebook is prepared and should experience less turbulence than previously expected. The analyst reiterates an Outperform rating and $225 price target on the shares.
06/24/19
CLVD
06/24/19
NO CHANGE
CLVD
Google partners moderating outlooks, says Cleveland Research
Cleveland Research said its checks indicate that partners of Google (GOOGL) are moderating their 2019 outlooks, citing slowing growth in Search, less contribution from YouTube due to brand-safety concerns and some share loss to Amazon (AMZN) and Facebook (FB). The firm's research suggests Q2 advertising budgets at Google may be moderating further compared to Q1 trends, Cleveland Research told investors.
06/27/19
DBAB
06/27/19
NO CHANGE
Target $230
DBAB
Buy
Facebook price target raised to $230 from $220 at Deutsche Bank
Deutsche Bank analyst Lloyd Walmsley raised his price target for Facebook to $230 from $220 and keeps a Buy rating on the shares. The social media giant closed yesterday down $1.18 to $187.66. The analyst expects Facebook's sales growth to re-accelerate to 27% excluding currency in Q4 from 25.5% in Q3. Walmsley highlights the company's easing comps, improving checks around the Stories ad unit performance and pricing, and his belief that Instagram Checkout can expand beyond the initial beta partners and drive more ad spend this holiday period. He continues to view Facebook as his top pick in mega cap Internet, "with several levers for the shares to move higher over the near and medium term." Walmsley recommends adding to positions here ahead of the Q2 earnings preview season.
GOOG Alphabet
$1,079.73

-6.76 (-0.62%)

06/25/19
OPCO
06/25/19
NO CHANGE
Target $7
OPCO
Outperform
Meet Group should be able to navigate through noise, says Oppenheimer
Oppenheimer analyst Jed Kelly hosted an Investor call with Meet Group's management team, where the latter pushed back on a recent short report by conveying its commitment to investing in content moderation that is quickly removing any bad actors from its platform to create a safe environment for its user community that is in line with Apple (AAPL) and Google (GOOG) Play's App stores requirements. The analyst believes Meet Group will be able to navigate through recent content moderation noise, and remains a buyer on his view that upcoming results will exhibit "solid execution" on pivot to video to improve sentiment and generate multiple expansion. He has an Outperform rating and $7 price target on the shares.
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.
06/13/19
JEFF
06/13/19
NO CHANGE
JEFF
Alphabet breakup is unlikely, Jefferies says after expert call
After hosting an expert call to discuss the likelihood of and implications from increased antitrust scrutiny of big technology companies, Jefferies analyst Brent Thill believes a breakup of Alphabet (GOOG, GOOGL) is unlikely. Further, actual regulatory action would take a long time, and much longer than the upcoming election cycle, Thill tells investors in a research note. It is also worth noting that breakups are not always a bad thing for stocks, says the analyst. He believes this is the case of Alphabet as the "sum-of-the-parts may be worth more than the whole." Thill keeps a Buy rating on the shares with a $1,450 price target.
GOOGL Alphabet Class A
$1,080.51

-7.14 (-0.66%)

TWTR Twitter
$35.22

0.5 (1.44%)

06/03/19
LOOP
06/03/19
INITIATION
LOOP
Buy
Twitter initiated with a Buy at Loop Capital
06/04/19
06/04/19
INITIATION
Target $55

Buy
Twitter initiated with a Buy at Loop Capital
As previously reported, Loop Capital analyst Alan Gould initiated Twitter with a Buy rating and a price target of $55. The analyst contends that the catch-up in the company's monetization over the past year can continue as user engagement grows further. Gould adds that while that monetization upswing justifies his price target, Twitter also offers "home-run potential", saying that the company is best positioned to capture an opportunity of a "mass-market use case for an interest network."
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.
06/14/19
LOOP
06/14/19
NO CHANGE
Target $55
LOOP
Buy
Pullback in Twitter stock offers buying opportunity, says Loop Capital
Loop Capital analyst Alan Gould kept his Buy rating and $55 price target on Twitter, saying that yesterday's 3% pullback in its stock price following cautious commentary from another sell-side firm offers investors a "buying opportunity". The analyst notes that the company's user engagement story "continues to show solid improvement" with more conversion among users from "casual" to daily. Gould also believes that budget allocations by brand advertisers to Twitter will continue to increase as the industry chases the growth rate of its engagement. The analyst further believes that direct-response advertising will add "another pillar" to Twitter's monetization story.

TODAY'S FREE FLY STORIES

TCEHY

Tencent

$0.00

(0.00%)

, MDLA

Medallia

$37.09

(0.00%)

07:31
07/21/19
07/21
07:31
07/21/19
07:31
On The Fly
Opening Day: Start-up DouYou becomes China's biggest Wall Street IPO of 2019 »

Drugmaker Genmab raised…

TCEHY

Tencent

$0.00

(0.00%)

MDLA

Medallia

$37.09

(0.00%)

MIRM

Mirum Pharmaceuticals

$13.51

0.17 (1.27%)

FULC

Fulcrum Therapeutics

$12.49

-0.99 (-7.34%)

PHR

Phreesia

$24.01

-1.15 (-4.57%)

GMAB

Genmab

$18.06

-0.14 (-0.77%)

AMK

AssetMark Financial

$27.71

0.39 (1.43%)

ORCC

Owl Rock

$15.51

0.11 (0.71%)

DOYU

DouYu

$10.50

-0.51 (-4.63%)

NOVA

Sunnova Energy

$0.00

(0.00%)

CSTL

Castle Biosciences

$0.00

(0.00%)

WSG

Wanda Sports

$0.00

(0.00%)

LVGO

Livongo Health

$0.00

(0.00%)

HCAT

Health Catalyst

$0.00

(0.00%)

JNJ

Johnson & Johnson

$130.41

-1.62 (-1.23%)

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03/06/13
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PYPL

PayPal

$118.65

-1.22 (-1.02%)

, V

Visa

$179.18

-1.34 (-0.74%)

08:31
07/20/19
07/20
08:31
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08:31
Periodicals
MasterCard, Visa among best stocks to play fintech boom, Barron's says »

The fintech units within…

PYPL

PayPal

$118.65

-1.22 (-1.02%)

V

Visa

$179.18

-1.34 (-0.74%)

MA

MasterCard

$275.51

-1.11 (-0.40%)

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USB

U.S. Bancorp

$54.98

-0.2 (-0.36%)

, SBNY

Signature Bank

$123.87

1.07 (0.87%)

08:28
07/20/19
07/20
08:28
07/20/19
08:28
Periodicals
KeyCorp, U.S. Bancorp better positioned for Fed rate cut, Barron's says »

KeyCorp (KEY), Signature…

USB

U.S. Bancorp

$54.98

-0.2 (-0.36%)

SBNY

Signature Bank

$123.87

1.07 (0.87%)

KEY

KeyCorp

$17.45

0.15 (0.87%)

03/08/13
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CMG

Chipotle

$746.80

-17.43 (-2.28%)

08:24
07/20/19
07/20
08:24
07/20/19
08:24
Periodicals
Chipotle stock made 'stunning' comeback, Barron's says »

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BYND

Beyond Meat

$176.65

6.28 (3.69%)

07:40
07/20/19
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07:40
07/20/19
07:40
Periodicals
Beyond Meat could spike after earnings, Barron's says »

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  • 29

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NFLX

Netflix

$315.10

-10.04 (-3.09%)

07:37
07/20/19
07/20
07:37
07/20/19
07:37
Periodicals
Netflix's problems have only just begun, Barron's says »

Netflix has a problem and…

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03/06/13
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  • 03

    Aug

AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

, TGT

Target

$88.02

-0.48 (-0.54%)

07:34
07/20/19
07/20
07:34
07/20/19
07:34
Periodicals
Time to aim higher on Target's stock, Barron's says »

As retailers have…

AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

TGT

Target

$88.02

-0.48 (-0.54%)

03/08/13
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AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

, FDX

FedEx

$167.08

1.69 (1.02%)

07:31
07/20/19
07/20
07:31
07/20/19
07:31
Periodicals
FedEx ups game amid e-commerce growth, Barron's says »

It is time to embrace…

AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

FDX

FedEx

$167.08

1.69 (1.02%)

03/08/13
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AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

, MSFT

Microsoft

$136.62

0.33 (0.24%)

07:27
07/20/19
07/20
07:27
07/20/19
07:27
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

MSFT

Microsoft

$136.62

0.33 (0.24%)

ORCL

Oracle

$57.55

-0.58 (-1.00%)

AZN

AstraZeneca

$40.11

-0.61 (-1.50%)

BMY

Bristol-Myers

$43.32

-0.72 (-1.63%)

LLY

Eli Lilly

$106.75

-1.57 (-1.45%)

GSK

GlaxoSmithKline

$40.97

-0.44 (-1.06%)

JNJ

Johnson & Johnson

$130.41

-1.62 (-1.23%)

MRK

Merck

$81.39

-1.28 (-1.55%)

NVS

Novartis

$93.58

-0.715 (-0.76%)

PFE

Pfizer

$42.78

-0.28 (-0.65%)

RHHBY

Roche

$0.00

(0.00%)

SNY

Sanofi

$41.94

-0.01 (-0.02%)

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03/06/13
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BHVN

Biohaven Pharmaceutical

$44.16

-0.61 (-1.36%)

18:12
07/19/19
07/19
18:12
07/19/19
18:12
Hot Stocks
Biohaven receives CRL from FDA for application seeking NURTEC approval »

Biohaven Pharmaceutical…

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  • 09

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CE

Celanese

$107.01

0.9 (0.85%)

18:01
07/19/19
07/19
18:01
07/19/19
18:01
Hot Stocks
Celanese announces acetyl intermediates price increases »

Celanese Corporation…

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  • 23

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F

Ford

$10.20

-0.06 (-0.58%)

17:48
07/19/19
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17:48
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17:48
Periodicals
Ford plans to lay off 185 employees at Ontario plant, Reuters reports »

A union local said that…

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RTN

Raytheon

$178.55

2.45 (1.39%)

17:48
07/19/19
07/19
17:48
07/19/19
17:48
Hot Stocks
Raytheon awarded $191.01M Air Force contract modification »

Raytheon has been awarded…

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  • 25

    Jul

UTX

United Technologies

$132.37

1.08 (0.82%)

17:44
07/19/19
07/19
17:44
07/19/19
17:44
Hot Stocks
United Technologies awarded $253.71M Air Force contract »

United Technologies has…

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  • 23

    Jul

LMT

Lockheed Martin

$356.90

0.675 (0.19%)

17:40
07/19/19
07/19
17:40
07/19/19
17:40
Hot Stocks
Lockheed Martin awarded $1.47B Missile Defense Agency contract modification »

Lockheed Martin has been…

03/08/13
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  • 23

    Jul

ARES

Ares Management

$28.13

-0.305 (-1.07%)

17:33
07/19/19
07/19
17:33
07/19/19
17:33
Syndicate
Breaking Syndicate news story on Ares Management »

Ares Management files…

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  • 31

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    Aug

HAFC

Hanmi Financial

$21.68

-0.105 (-0.48%)

17:33
07/19/19
07/19
17:33
07/19/19
17:33
Hot Stocks
Hanmi Financial to delay release of Q2 results »

Hanmi Financial announced…

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  • 23

    Jul

PAYS

Paysign

$17.49

-0.48 (-2.67%)

17:32
07/19/19
07/19
17:32
07/19/19
17:32
Syndicate
Breaking Syndicate news story on Paysign »

Paysign files $150M mixed…

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MEOH

Methanex

$43.19

0.83 (1.96%)

17:28
07/19/19
07/19
17:28
07/19/19
17:28
Hot Stocks
Methanex reaches final investment decision on methanol plant in Geismar, LA »

Methanex Corporation…

03/08/13
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  • 01

    Aug

17:17
07/19/19
07/19
17:17
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17:17
Conference/Events
Credit Suisse biotech analysts to hold an analyst/industry conference call »

Biotech Analysts provide…

17:14
07/19/19
07/19
17:14
07/19/19
17:14
Conference/Events
UBS retail/hardlines analyst to hold an analyst/industry conference call »

Retail/Hardlines Analyst…

SHIP

Seanergy Marine

$0.64

-0.0425 (-6.25%)

17:05
07/19/19
07/19
17:05
07/19/19
17:05
Hot Stocks
Seanergy Maritime receives noncompliance notice from Nasdaq »

Seanergy Maritime…

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SONM

Sonim

$13.42

0.24 (1.82%)

16:41
07/19/19
07/19
16:41
07/19/19
16:41
Conference/Events
Sonim management to meet with Oppenheimer »

Meetings to be held on…

03/08/13
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KINS

Kingstone Companies

$8.81

0.09 (1.03%)

16:30
07/19/19
07/19
16:30
07/19/19
16:30
Hot Stocks
Kingstone names Barry Goldstein CEO »

Kingstone Companies…

03/08/13
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16:30
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Options
Preliminary option volume of 22.6M today »

Preliminary option volume…

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