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DFS

Discover

$81.79

0.14 (0.17%)

, PYPL

PayPal

$118.65

-1.22 (-1.02%)

08:08
07/22/19
07/22
08:08
07/22/19
08:08

Discover appoints Wanji Walcott as Chief Legal Officer and General Counsel

Wanji Walcott joined Discover (DFS) as Chief Legal Officer and General Counsel and a member of the company's Executive Committee. In her new position, Walcott will lead Discover's corporate legal function, which plays a critical role advising on corporate and product strategies, as well as managing litigation and legislative and regulatory affairs. Walcott joins Discover from PayPal (PYPL), where she was senior vice president and general counsel and has led the company's global legal organization since 2017.

DFS

Discover

$81.79

0.14 (0.17%)

PYPL

PayPal

$118.65

-1.22 (-1.02%)

  • 23

    Jul

  • 24

    Jul

  • 13

    Nov

DFS Discover
$81.79

0.14 (0.17%)

07/08/19
DBAB
07/08/19
INITIATION
Target $87
DBAB
Hold
Discover reinstated with a Hold at Deutsche Bank
Deutsche Bank analyst Dave Rochester reinstated coverage of Discover Financial with a Hold rating and $87 price target.
06/19/19
BOFA
06/19/19
INITIATION
Target $82
BOFA
Neutral
Discover reinstated with a Neutral at BofA/Merrill
BofA/Merrill analyst Jason Kupferberg reinstated coverage of Discover Financial Services with a Neutral rating and $82 price target. The analyst believes cyclical credit concerns remain a "potent overhang" on the shares. As a result, he sees limited potential for multiple expansion from current stock levels.
05/07/19
05/07/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fluor (FLR) downgraded to Neutral from Buy at Goldman Sachs with analyst Jerry Revich seeing an unclear medium-term margin outlook amid the company's CEO transition and further project writedowns in Q1. 2. Gardner Denver (GDI) downgraded to Neutral from Buy at UBS with analyst Damian Karas downgraded saying the shares are due for a "breather" following the recent run. 3. Boeing (BA) downgraded to Equal Weight from Overweight at Barclays with analyst David Strauss expecting the recovery of 737 Max production to take longer than expected. 4. Discover (DFS) downgraded to Perform from Outperform at Oppenheimer with analyst Dominick Gabriele seeing limited upside in the shares following the rally year-to-date now that his estimates are in-line with the consensus. 5. Cambrex (CBM) downgraded to Outperform from Strong Buy at First Analysis with analyst Steven Schwartz saying the company's valuation multiple is now in-line with peers following the recent share price appreciation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/07/19
OPCO
05/07/19
DOWNGRADE
OPCO
Perform
Oppenheimer downgrades Discover on limited upside after recent rally
Oppenheimer analyst Dominick Gabriele downgraded Discover Financial Services to Perform from Outperform without a price target. The analyst sees limited upside in the shares following the rally year-to-date now that his estimates are in-line with the consensus. While Discover's loan growth "could speed back up" and credit could be slightly better in 2019 relative to expectations, the stock's recent outperformance reflects this, Gabriele tells investors in a research note.
PYPL PayPal
$118.65

-1.22 (-1.02%)

07/19/19
WEDB
07/19/19
NO CHANGE
Target $140
WEDB
Outperform
PayPal price target raised to $140 from $125 at Wedbush
Wedbush analyst Moshe Katri raised his price target for PayPal to $140 from $125 and maintained an Outperform rating following details from an industry journal related to ongoing efforts for monetizing Venmo. In a research note to investors, Katri says that beyond ongoing revenue generation at Venmo from Instant Cash, Pay with Venmo and The Venmo Card, the article points to ongoing plans to integrate Venmo into PayPal's Hyperwallet, which helps organizations manage payments/payroll to freelancers, as well as into Xoom, PayPal's money transfer service. Katri says he continues to see multiple potential avenues for significantly expanding Venmo's user base and ongoing run rate while improving profitability levels.
07/18/19
JEFF
07/18/19
INITIATION
Target $140
JEFF
Buy
PayPal assumed with a Buy at Jefferies
Jefferies analyst Trevor Williams assumed coverage of PayPal with an unchanged Buy rating and raised his price target for the shares to $140 from $125.
07/16/19
DBAB
07/16/19
NO CHANGE
Target $127
DBAB
Buy
PayPal price target raised to $127 from $120 at Deutsche Bank
Deutsche Bank analyst Bryan Keane raised his price target for PayPal to $127 from $120 saying commerce platform expansion is positive for sustaining the company's growth. The analyst keeps a Buy rating on the shares. He also increased his Q2 earnings per share estimate to 82c from 69c to account for the benefit from unrealized gains in minority investments.
07/11/19
RBCM
07/11/19
NO CHANGE
Target $120
RBCM
Outperform
PayPal's low end of guidance 'highly achievable', says RBC Capital
RBC Capital analyst Daniel Perlin kept his Outperform rating and $120 price target on PayPal, saying the company's Q2 and FY19 revenue guidance implies organic acceleration of 1%-4% in the second half of 2019. The analyst contends that while the low end of that range is "highly achievable", the high end could prove "aggressive". Perlin remains positive on PayPal's Venmo monetization, continued new marketplace growth, and increased consumer engagement, but believes that acceleration in organic growth is needed to drive the valuation on its stock higher in the near term.

TODAY'S FREE FLY STORIES

NFLX

Netflix

$289.26

-9.33 (-3.12%)

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14:20
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General news
FOMC eased 25 bps, lowering the funds rate band to 1.75% - 2.00% »

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$NSD

NASDAQ Market Internals

$0.00

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NASDAQ market internals summary »

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CYRX

Cryoport

$17.71

-0.04 (-0.23%)

, NVS

Novartis

$86.35

-0.22 (-0.25%)

14:17
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CYRX

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$17.71

-0.04 (-0.23%)

NVS

Novartis

$86.35

-0.22 (-0.25%)

GILD

Gilead

$65.37

-0.8 (-1.21%)

03/08/13
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DRI

Darden

$127.15

1.06 (0.84%)

14:16
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Earnings
Notable companies reporting before tomorrow's open »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
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09/18
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Technical Analysis
NYSE market internals summary »

Volume is below average…

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USAT

USA Technologies

$7.36

-0.23 (-3.03%)

14:15
09/18/19
09/18
14:15
09/18/19
14:15
Options
USA Technologies put volume heavy and directionally bearish »

Bearish flow noted in USA…

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14:15
09/18/19
09/18
14:15
09/18/19
14:15
General news
Breaking General news story  »

Fed Chair Press…

NLSN

Nielsen

$22.49

-0.09 (-0.40%)

14:14
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Hot Stocks
Nielsen announces alliance with OpenSlate, takes minority stake »

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MDR

McDermott

$3.50

-2.38 (-40.48%)

14:12
09/18/19
09/18
14:12
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14:12
Hot Stocks
McDermott down 55% to $2.66 as shares continue to be volatile »

McDermott International…

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  • 23

    Sep

ORCL

Oracle

$52.22

-0.65 (-1.23%)

, BOX

Box

$17.23

-0.54 (-3.04%)

14:07
09/18/19
09/18
14:07
09/18/19
14:07
Hot Stocks
Oracle announces collaboration with Box at Openworld »

At Oracle Openworld, the…

ORCL

Oracle

$52.22

-0.65 (-1.23%)

BOX

Box

$17.23

-0.54 (-3.04%)

03/08/13
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  • 19

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

14:05
09/18/19
09/18
14:05
09/18/19
14:05
General news
Three Fed members voted against today's 25 point cut »

Voting for the…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

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SPY

SPDR S&P 500 ETF Trust

$300.00

-0.94 (-0.31%)

, SPX

S&P 500

$0.00

(0.00%)

14:04
09/18/19
09/18
14:04
09/18/19
14:04
General news
Fed projections see 1.9% Federal funds rate to end year »

The economic projections…

SPY

SPDR S&P 500 ETF Trust

$300.00

-0.94 (-0.31%)

SPX

S&P 500

$0.00

(0.00%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.94

-1 (-0.33%)

14:02
09/18/19
09/18
14:02
09/18/19
14:02
General news
Fed says economic activity rising at 'moderate rate' »

The Federal Reserve said…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$299.94

-1 (-0.33%)

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14:02
09/18/19
09/18
14:02
09/18/19
14:02
General news
FOMC Meeting Announcement Federal Funds Rate data reported »

FOMC Meeting Announcement…

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.93

-1.01 (-0.34%)

14:01
09/18/19
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14:01
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14:01
General news
Fed says 'uncertainties' remain in 2% inflation outlook »

The Federal Reserve says…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$299.93

-1.01 (-0.34%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

14:00
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General news
Breaking General news story on S&P 500, SPDR S&P 500 ETF Trust »

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S&P 500

$0.00

(0.00%)

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SPDR S&P 500 ETF Trust

$299.98

-0.96 (-0.32%)

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MDR

McDermott

$3.00

-2.88 (-48.98%)

13:58
09/18/19
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Hot Stocks
McDermott off lows after resuming, still down 44% »

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  • 23

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CYRX

Cryoport

$17.77

0.02 (0.11%)

13:56
09/18/19
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Hot Stocks
Cryoport collaboration with Vineti provides broad-based solution, CEO says »

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NFLX

Netflix

$288.50

-10.09 (-3.38%)

13:56
09/18/19
09/18
13:56
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13:56
Periodicals
Netflix plans filmmaker bonus for successful movies, Bloomberg reports »

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  • 23

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13:55
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09/18
13:55
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13:55
Conference/Events
Joint Economic Committee to hold a hearing »

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PLUG

Plug Power

$2.80

0.08 (2.94%)

13:55
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Conference/Events
House Science, Space & Technology Committee to hold a hearing »

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  • 18

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13:50
09/18/19
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General news
Fed SEP forecasts: t »

Fed SEP forecasts: the…

BYND

Beyond Meat

$150.50

-9.87 (-6.15%)

, QSR

Restaurant Brands

$73.02

-0.83 (-1.12%)

13:48
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Periodicals
Restaurant Brands tells Bloomberg Tim Horton's Beyond Meat items were LTOs »

Restaurant Brands (QSR)…

BYND

Beyond Meat

$150.50

-9.87 (-6.15%)

QSR

Restaurant Brands

$73.02

-0.83 (-1.12%)

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  • 12

    Nov

CVGI

Commercial Vehicle Group

$7.20

0.02 (0.28%)

13:47
09/18/19
09/18
13:47
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Recommendations
Commercial Vehicle Group analyst commentary  »

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