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WMT

Walmart

$111.99

-0.36 (-0.32%)

08:44
07/08/19
07/08
08:44
07/08/19
08:44

Walmart making progress toward e-commerce profitability, says Morgan Stanley

After an article in Recode suggested Walmart is losing $1B per year in its U.S. e-commerce division, Morgan Stanley analyst Simeon Gutman noted that Walmart management has never quantified U.S. e-commerce losses, but has indicated losses will rise again in 2019. He estimates losses growing to about $1.7B in 2019 from about $1.4B in 2018. With that said, Gutman said he sees a path to e-commerce profitability that involves a more favorable product mix and fixed cost leverage, which are both areas where he believes the company is making progress. Gutman keeps an Overweight rating and $115 price target on Walmart shares.

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WMT Walmart
$111.99

-0.36 (-0.32%)

06/11/19
OPCO
06/11/19
NO CHANGE
Target $105
OPCO
Perform
Walmart with fuel for more market share, says Oppenheimer
Oppenheimer analyst Rupesh Parikh is more confident in Walmart's ability to translate a strong top line into healthier bottom line EPS growth down the road after meeting with management. The analyst believes broad-based momentum is poised to continue from here driven by management investments, favorable macro, and competitor rationalization, while innovation cycle remains strong. Parikh also notes that Walmart remains intently focused on improving convenience to consumers with the recent rollout of Free Next Day Delivery and in home delivery, as U.S. e-commerce losses could flip down the road as Walmart mixes into higher margin home and fashion categories. Additionally, Walmart continues to see a solid U.S. consumer even with some of the noise lately, and Flipkart appears to be performing well with PhonePe, he contends. The analyst has a Perform rating and $105 price target on the shares.
06/20/19
RSBL
06/20/19
NO CHANGE
Target $395
RSBL
Buy
Shopify price target raised to $395 from $295 at Rosenblatt
Rosenblatt analyst Mark Zgutowicz raised his price target on Shopify (SHOP) shares to $395 from $295 after the company announced the Shopify Fulfillment Network, which he called "yet another ace up its sleeve" that removes the "last major pain point" for merchants. The plans to partner with and connect seven major fulfillment hubs in the U.S. to its merchants "clearly stole the show" at the company's partner and investor event, according to Zgutowicz, who also said the event confirmed his earlier thoughts that Shopify is "quietly emerging" as the DTC platform of choice for Consumer Packaged Goods companies that are being squeezed on the margin by Amazon (AMZN) and Walmart (WMT). He keeps a Buy rating on Shopify shares.
06/24/19
KEYB
06/24/19
NO CHANGE
Target $125
KEYB
Overweight
Walmart price target raised to $125 from $120 at KeyBanc
KeyBanc analyst Edward Yruma raised his price target for Walmart to $125 from $120 as he thinks PhonePe is an underappreciated asset within its portfolio and shows significant long-term growth opportunities. The analyst reiterates an Overweight rating on the shares.
06/26/19
FBCO
06/26/19
NO CHANGE
Target $175
FBCO
Outperform
FedEx price target lowered to $175 from $184 at Credit Suisse
Credit Suisse analyst Allison Landry lowered her price target for FedEx (FDX) to $175 from $184, while reiterating an Outperform rating on the shares. Given FedEx's historical track record for setting an optimistic outlook, the analyst was "a bit surprised" at the fiscal year 2020 guidance for a MSD EPS decline. Landry is less constructive on the stock fundamentally from a mid-term perspective, but on a longer-term view, she continues to think that FedEx is well positioned strategically to benefit from the evolving domestic parcel market; and specifically, views its alignment with large, traditional retailers - such as Walmart (WMT and Target (TGT) - that are looking for ways to compete with Amazon (AMZN) as a positive in the long run.

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SSRM

SSR Mining

$14.72

0.665 (4.73%)

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CAPR

Capricor Therapeutics

$6.39

0.48 (8.12%)

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IBM

IBM

$142.94

-0.6 (-0.42%)

12:24
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AMZN

Amazon.com

$1,999.39

-10.61 (-0.53%)

, QCOM

Qualcomm

$76.74

1.08 (1.43%)

12:23
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On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks have dropped in…

AMZN

Amazon.com

$1,999.39

-10.61 (-0.53%)

QCOM

Qualcomm

$76.74

1.08 (1.43%)

MSFT

Microsoft

$137.11

0.03 (0.02%)

T

AT&T

$33.47

-0.1 (-0.30%)

BAC

Bank of America

$29.47

0.475 (1.64%)

CSX

CSX

$71.11

-8.46 (-10.63%)

ABT

Abbott

$86.33

3.22 (3.87%)

SGEN

Seattle Genetics

$73.43

10.31 (16.33%)

INO

Inovio

$2.65

-0.35 (-11.67%)

NUS

Nu Skin

$37.95

-7.55 (-16.59%)

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KSU

Kansas City Southern

$118.05

-4.78 (-3.89%)

12:18
07/17/19
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12:18
Downgrade
Kansas City Southern rating change  »

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NSC

Norfolk Southern

$194.90

-11.63 (-5.63%)

12:18
07/17/19
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12:18
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Norfolk Southern rating change  »

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CSX

CSX

$71.21

-8.36 (-10.51%)

12:18
07/17/19
07/17
12:18
07/17/19
12:18
Downgrade
CSX rating change  »

CSX downgraded to Hold…

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  • 26

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UNP

Union Pacific

$166.50

-8.6 (-4.91%)

12:17
07/17/19
07/17
12:17
07/17/19
12:17
Downgrade
Union Pacific rating change at C.K. Cooper »

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  • 18

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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

Volume is below average…

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NTAP

NetApp

$59.31

0.36 (0.61%)

12:15
07/17/19
07/17
12:15
07/17/19
12:15
Options
NetApp put volume heavy and directionally bearish »

Bearish flow noted in…

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12:15
07/17/19
07/17
12:15
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12:15
General news
Breaking General news story  »

Kansas City Federal…

CBB

Cincinnati Bell

$4.28

-0.44 (-9.32%)

12:00
07/17/19
07/17
12:00
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Hot Stocks
Cincinnati Bell falls -9.5% »

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  • 08

    Aug

JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$21.02

-2.08 (-9.00%)

12:00
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Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -9.0% »

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NUS

Nu Skin

$38.13

-7.37 (-16.20%)

12:00
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Nu Skin falls -16.0% »

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  • 06

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AG

First Majestic

$9.10

0.53 (6.18%)

12:00
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First Majestic rises 6.2% »

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JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$70.17

5.71 (8.86%)

12:00
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Direxion Daily Jr Gld Mnrs Bull 3X Shrs rises 8.7% »

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FSM

Fortuna Silver Mines

$3.55

0.37 (11.65%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Fortuna Silver Mines rises 11.6% »

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11:55
07/17/19
07/17
11:55
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11:55
General news
Oil Action: WTI crude »

Oil Action: WTI crude…

11:55
07/17/19
07/17
11:55
07/17/19
11:55
Conference/Events
Federal Reserve Bank of Kansas City to speak on economic outlook »

Kansas City Federal…

AVXL

Anavex

$3.03

(0.00%)

11:52
07/17/19
07/17
11:52
07/17/19
11:52
Hot Stocks
Anavex presents new clinical data identifying gut microbiota biomarkers »

Anavex Life Sciences…

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CZR

Caesars

$11.90

-0.01 (-0.08%)

11:50
07/17/19
07/17
11:50
07/17/19
11:50
Options
Call block in Caesar's noted as account swap from July 8th opener »

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MYL

Mylan

$17.95

-0.48 (-2.60%)

11:45
07/17/19
07/17
11:45
07/17/19
11:45
Options
Mylan call volume above normal and directionally bullish »

Bullish option flow…

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  • 31

    Jul

NTDOY

Nintendo

$0.00

(0.00%)

11:43
07/17/19
07/17
11:43
07/17/19
11:43
Periodicals
Nintendo to launch new Switch model with improved battery life, Kotaku says »

Nintendo plans to release…

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  • 19

    Jul

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