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SFTBF

SoftBank

$0.00

(0.00%)

, UBER

Uber

$42.94

-0.585 (-1.34%)

12:36
07/08/19
07/08
12:36
07/08/19
12:36

SoftBank's Vision Fund in talks to invest in Glovo, Sky News reports

SoftBank's (SFTBF) $100B Vision Fund is in preliminary talks to invest in Glovo, a Barcelona-based food delivery service that competes with Uber Eats (UBER) and Deliveroo, Sky News' Mark Kleinman reports. Discussions between the Vision Fund and Glovo are at an early stage and may not lead to a deal, sources say. If SoftBank does proceed with an investment, it could commit several hundred million dollars to the business, they add. Reference Link

SFTBF

SoftBank

$0.00

(0.00%)

UBER

Uber

$42.94

-0.585 (-1.34%)

AMZN

Amazon.com

$1,944.69

1.7 (0.09%)

  • 09

    Jul

  • 10

    Jul

SFTBF SoftBank
$0.00

(0.00%)

07/10/18
RBCM
07/10/18
NO CHANGE
Target $53
RBCM
Outperform
General Motors price target raised to $53 at RBC Capital
RBC Capital analyst Joseph Spak kept his Outperform rating on General Motors (GM) and nudged his price target to $53 from $52, saying the recent $2.25B investment by Softbank (SFTBF) adds validation to the company's GM Cruise robo-taxi offering plans. Aside from the validation, Spak notes that the investment "provides capital to reach scale commercialization, affords GM capital allocation flexibility, and unlocks GM share price value as Cruise around $7 per share."
09/07/18
OPCO
09/07/18
NO CHANGE
Target $275
OPCO
Outperform
Palo Alto Networks price target raised to $275 from $235 at Oppenheimer
Oppenheimer analyst Shaul Eyal maintained an Outperform rating on Palo Alto Networks (PANW) and raised his price target to $275 from $235 following the company's "robust" Q4 results, noting that the results "beat almost every possible metric." In a research note to investors, Eyal says that the CEO transition appears to be progressing smoothly and he "appreciated" constructive conference call commentary from CEO Nikesh Arora about his strategic vision, even though he is only 90 days into the new role. Eyal contends that Palo Alto Networks remains a "builder rather than a buyer," and that Arora's former experience -- at Google (GOOGL) and SoftBank (SFTBF) -- should not be interpreted as a sign of "future splashy acquisitions."
12/12/18
RBCM
12/12/18
NO CHANGE
Target $230
RBCM
Outperform
Nvidia price target lowered to $230 from $260 at RBC Capital
RBC Capital analyst Mitch Steves lowered his price target on Nvidia (NVDA) to $230 after yesterday's report that Softbank (SFTBF) is exploring the sale of its stake in the company early next year. The analyst believes that in the near-term, the speculation is a negative since Softbank has "solid information on overall Data Center trends". Steves maintains his Outperform rating however, stating that a number of long-only investment managers have not participated in the run-up of the stock price. The analyst adds that Nvidia's long-term investment story around "AI/VR/AR/Autonomous" driving remains intact.
02/28/19
BTIG
02/28/19
NO CHANGE
Target $60
BTIG
Buy
SoftBank price target raised to $60 from $50 at BTIG
BTIG analyst Walter Piecyk raised his price target on SoftBank (SFTBY) to $60 and kept his Buy rating, citing his "better understanding" of the previously acquired ARM Holdings business which warrants a higher multiple. The analyst also sees a major catalyst coming in the "imminent decision" around Sprint (S) / T-Mobile (TMUS) deal, which could amount to additional $14 price target impact on Softbank shares.
UBER Uber
$42.94

-0.585 (-1.34%)

07/02/19
07/02/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Veru (VERU) initiated with an Overweight at Cantor Fitzgerald. 2. Uber (UBER) initiated with a Hold at Stifel. 3. Wyndham Hotels & Resorts (WH) initiated with an Overweight at Barclays. 4. Veracyte (VCYT) initiated with a Buy at Needham. 5. Paysign (PAYS) initiated with a Buy at Canaccord. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/02/19
STFL
07/02/19
INITIATION
Target $50
STFL
Hold
Stifel starts Uber at Hold on 'numerous' competitors, 'long road' to profits
Stifel analyst Scott Devitt initiated coverage of Uber Technologies with a Hold rating and $50 price target. The stock closed Monday down $2.11 to $44.27. The company is addressing "significant" transportation and food delivery market opportunities, Devitt tells investors in a research note. However, Uber's recent growth in core ridesharing bookings has slowed to a mid-20% rate as Lyft (LYFT) has gained share in the key U.S. market, Devitt tells investors in a research note. Further, take rates have contracted across both the ridesharing and Eats businesses, adds the analyst. He likes Uber's growth opportunity, scale and market-leadership in most regions, but feels that "numerous competitors at home and abroad," slower adjusted net revenue growth, and a "significantly long road to profitability" warrants a Hold rating. Devitt this morning also boosted his price target for Buy-rated Lyft to $76 from $70.
07/02/19
STFL
07/02/19
NO CHANGE
Target $76
STFL
Buy
Lyft price target raised to $76 from $70 at Stifel
Stifel analyst Scott Devitt raised his price target for Lyft (LYFT) to $76 from $70 and keeps a Buy rating on the shares. The analyst this morning also initiated coverage of Uber Technologies (UBER) with a Hold rating and $50 price target. The trend toward competitive rationalization and reduced rider incentives continued through the end of Q2, Devitt tells investors in a research note. Further, a number of recent partnerships, including with Waymo, demonstrate that Lyft is "leading innovation and strategic alignment in the space," adds the analyst. He believes Lyft is well positioned to extend its rider growth momentum through the balance of 2019 and increased his net add expectations.
07/02/19
STFL
07/02/19
INITIATION
Target $50
STFL
Hold
Uber initiated with a Hold at Stifel
Stifel analyst Scott Devitt started Uber Technologies with a Hold rating and $50 price target.
AMZN Amazon.com
$1,944.69

1.7 (0.09%)

06/26/19
LOOP
06/26/19
NO CHANGE
Target $2380
LOOP
Buy
Amazon's free one-day delivery to drive significant revenue, says Loop Capital
Loop Capital analyst Anthony Chukumba reiterated a Buy rating and $2,380 price target on Amazon.com. In a research note to investors, the analyst says his firm analyzed the likely impacts on Amazon's top line growth following the introduction of free one-day delivery on over 10M items. Based on the analysis, Chukumba says he believes Amazon's move to free one-day delivery for Prime members will drive significant incremental revenue from three sources: incremental gross merchandise volume and the resulting revenue from additional consumers signing up for Prime memberships; incremental subscription fees from new Prime members; and incremental GMV and the resulting revenue from current Prime members buying more items.
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.
06/26/19
WEDB
06/26/19
NO CHANGE
WEDB
Pentagon JEDI contract to be 'defining moment' for cloud arms race, says Wedbush
Wedbush analyst Daniel Ives believes a "defining moment" for the cloud arms race will be the announcement of the winner of the long-awaited Pentagon JEDI contract, which is worth roughly $10B over the next decade in this landmark deal representing the cloud "grand prize" for Amazon (AMZN) and Microsoft (MSFT). The analyst notes that the timing on the announcement of a winner could be late August/early September with the ongoing Oracle (ORCL) lawsuit a wild card that could push the timeline out further depending on the outcome. While AWS/Amazon have been in pole position to win this deal over the last year, Ives continues to hear from his Beltway contacts that Microsoft has made "steady and impressive progress" and significantly narrowed the gap over the last six months with the odds of a win looking more like a realistic possibility.
07/08/19
COWN
07/08/19
NO CHANGE
Target $2500
COWN
Outperform
Amazon's Prime 1-day delivery to drive higher conversion rates, says Cowen
Cowen analyst John Blackledge maintained an Outperform rating and $2,500 price target on Amazon.com, telling investors in a research note that he expects the company's move to Prime 1-day delivery to drive higher conversion rates, leading to increasing unit growth in the second half of 2019 and into 2020. Blackledge, who raised his U.S. unit forecast to 12.6% y/y CAGR for 2019-2024 vs. ~9% prior, says he thinks Prime 1-day could drive an incremental $1B-$2B in revenue this year.

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EPD

Enterprise Products

$30.50

0.18 (0.59%)

13:25
07/17/19
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Credit Suisse energy analysts to hold an analyst/industry conference call »

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FB

Facebook

$202.21

-1.66 (-0.81%)

13:25
07/17/19
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Cowen Washington policy analyst holds an analyst/industry conference call »

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SHW

Sherwin-Williams

$461.39

-6.13 (-1.31%)

13:20
07/17/19
07/17
13:20
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13:20
Hot Stocks
Sherwin-Williams, others agree to resolve California lead litigation »

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GDX

VanEck Vectors Gold Miners ETF

$26.83

0.78 (2.99%)

13:20
07/17/19
07/17
13:20
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Options
Tied put buyers as Gold Miners ETF trades higher »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
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07/17
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Technical Analysis
NASDAQ market internals summary »

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FB

Facebook

$202.58

-1.29 (-0.63%)

, TWTR

Twitter

$37.92

-0.08 (-0.21%)

13:16
07/17/19
07/17
13:16
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13:16
On The Fly
#SocialStocks: Facebook says app takeovers benefit users, Twitter tests hiding »

Welcome to…

FB

Facebook

$202.58

-1.29 (-0.63%)

TWTR

Twitter

$37.92

-0.08 (-0.21%)

SNAP

Snap

$14.95

-0.05 (-0.33%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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

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SHSP

SharpSpring

$10.30

-1.7 (-14.17%)

13:15
07/17/19
07/17
13:15
07/17/19
13:15
Recommendations
SharpSpring analyst commentary  »

SharpSpring price target…

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  • 12

    Sep

13:15
07/17/19
07/17
13:15
07/17/19
13:15
General news
Treasury Action: bill yields are dipping lower »

Treasury Action: bill…

SHSP

SharpSpring

$10.30

-1.7 (-14.17%)

13:13
07/17/19
07/17
13:13
07/17/19
13:13
Hot Stocks
SharpSpring says added 290 new customers in Q2 »

SharpSpring earlier said…

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  • 12

    Sep

AMD

AMD

$33.94

0.12 (0.35%)

13:10
07/17/19
07/17
13:10
07/17/19
13:10
Options
Jelly roll in Advanced Micro Devices boosts options volume »

Jelly roll in Advanced…

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  • 30

    Jul

NFLX

Netflix

$365.99

0.27 (0.07%)

, T

AT&T

$33.44

-0.13 (-0.39%)

13:07
07/17/19
07/17
13:07
07/17/19
13:07
On The Fly
Fly Intel: What to watch in Netflix earnings report »

Netflix (NFLX) is…

NFLX

Netflix

$365.99

0.27 (0.07%)

T

AT&T

$33.44

-0.13 (-0.39%)

CMCSA

Comcast

$44.80

-0.3 (-0.67%)

AAPL

Apple

$204.94

0.54 (0.26%)

DIS

Disney

$143.01

-1.32 (-0.91%)

03/08/13
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03/06/13
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03/06/13
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  • 17

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    Aug

CSX

CSX

$71.17

-8.4 (-10.56%)

, UNP

Union Pacific

$164.98

-10.12 (-5.78%)

13:01
07/17/19
07/17
13:01
07/17/19
13:01
Downgrade
CSX, Union Pacific, Kansas City Southern, Norfolk Southern rating change at Cascend Securities »

Cascend downgrades four…

CSX

CSX

$71.17

-8.4 (-10.56%)

UNP

Union Pacific

$164.98

-10.12 (-5.78%)

KSU

Kansas City Southern

$117.42

-5.41 (-4.40%)

NSC

Norfolk Southern

$193.18

-13.35 (-6.46%)

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UPS

UPS

$103.54

-2.07 (-1.96%)

12:55
07/17/19
07/17
12:55
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12:55
Options
UPS put volume heavy and directionally bearish »

Bearish flow noted in UPS…

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  • 24

    Jul

VRAY

ViewRay

$9.31

0.16 (1.75%)

, VAR

Varian Medical

$134.22

-0.72 (-0.53%)

12:49
07/17/19
07/17
12:49
07/17/19
12:49
Recommendations
ViewRay, Varian Medical analyst commentary at Piper Jaffray »

Competitor recall…

VRAY

ViewRay

$9.31

0.16 (1.75%)

VAR

Varian Medical

$134.22

-0.72 (-0.53%)

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  • 24

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  • 09

    Sep

TTWO

Take-Two

$118.37

0.88 (0.75%)

12:43
07/17/19
07/17
12:43
07/17/19
12:43
Earnings
Stephens, Cowen up Take-Two price targets ahead of Q1 results »

Take-Two (TTWO) shares…

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  • 19

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SSRM

SSR Mining

$14.72

0.665 (4.73%)

12:25
07/17/19
07/17
12:25
07/17/19
12:25
Options
SSR Mining call volume above normal and directionally bullish »

Bullish option flow…

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12:25
07/17/19
07/17
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12:25
General news
Treasury Action: the downdraft in European rates has helped pulling Treasury yields lower »

Treasury Action: the…

CAPR

Capricor Therapeutics

$6.39

0.48 (8.12%)

12:25
07/17/19
07/17
12:25
07/17/19
12:25
Conference/Events
Capricor Therapeutics to host conference call »

Conference call to…

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  • 17

    Jul

IBM

IBM

$142.94

-0.6 (-0.42%)

12:24
07/17/19
07/17
12:24
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12:24
Earnings
Fly Intel: What to watch in IBM's earnings report »

IBM (IBM) is scheduled to…

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  • 17

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AMZN

Amazon.com

$1,999.39

-10.61 (-0.53%)

, QCOM

Qualcomm

$76.74

1.08 (1.43%)

12:23
07/17/19
07/17
12:23
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12:23
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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  • 13

    Nov

KSU

Kansas City Southern

$118.05

-4.78 (-3.89%)

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

Kansas City Southern…

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NSC

Norfolk Southern

$194.90

-11.63 (-5.63%)

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

Norfolk Southern…

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