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EA

Electronic Arts

$91.73

-0.23 (-0.25%)

, MSFT

Microsoft

$135.76

-1.9 (-1.38%)

17:52
08/12/19
08/12
17:52
08/12/19
17:52

EA says over half of week one 'Madden NFL 20' sell-through units were digital

Electronic Arts (EA) said that "Madden NFL 20," which rolled out earlier this month, is "taking the sports world by storm," as over 70% of players dove into Face of the Franchise: QB1 during the game's first week. The new mode shows 80% growth over last year's Longshot 2, the company said. EA also noted that the latest "Madden" had the highest final week of pre-orders in franchise history and that well over half of week one sell-through units were digital. Additionally, the number of games played in-game in the first week is up by double-digit percentages over last year. The game is available for Xbox One (MSFT), PlayStation 4 (SNE), and Origin for PC.

EA

Electronic Arts

$91.73

-0.23 (-0.25%)

MSFT

Microsoft

$135.76

-1.9 (-1.38%)

SNE

Sony

$55.56

-0.58 (-1.03%)

  • 16

    Aug

  • 04

    Sep

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    Sep

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    Oct

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    Nov

EA Electronic Arts
$91.73

-0.23 (-0.25%)

07/31/19
SPHN
07/31/19
NO CHANGE
Target $120
SPHN
Overweight
EA's Apex concerns quieted by management, says Stephens
Stephens analyst Jeff Cohen said Electronic Arts posted a strong first quarter and he particularly thinks management's positive commentary about Apex Legends should be well-received given recently weak investor sentiment around the game. EA management said they are "very confident" that Apex remains on track to hit its $300M-$400M guidance and teased a previously unannounced in-game event coming in August, noted Cohen, who keeps an Overweight rating and $120 price target on EA shares.
07/31/19
07/31/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. BP (BP) upgraded to Buy from Hold at Jefferies with analyst Jason Gammel saying he sees multiple near-term catalysts for the shares, including a dividend raise and share buybacks. 2. U.S. Bancorp (USB) upgraded to Neutral from Underweight at JPMorgan with analyst Vivek Juneja saying better growth in some fee revenues should partly offset the company's net interest margin pressure. 3. National Oilwell (NOV) upgraded to Buy from Neutral at Citi and to Neutral from Sell at Seaport Global. 4. Electronic Arts (EA) upgraded to Outperform from Market Perform at Cowen with analyst Douglas Creutz citing its 20% discount valuation to peers, strong Q1 results, readings from its Ordometer on its new Star Wars game, and upbeat management commentary. 5. Expedia (EXPE) upgraded to Buy from Hold at Argus with analyst John Staszak saying the trend of online travel bookings should continue to benefit the company's Expedia.com, Hotels.com, Orbitz, and Vrbo brands. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/19
ATLE
08/07/19
UPGRADE
ATLE
Overweight
Electronic Arts upgraded to Overweight from Neutral at Atlantic Equities
08/07/19
08/07/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. WW (WW) upgraded two notches to Buy from Underperform at BofA/Merrill and upgraded to Buy from Neutral at B. Riley FBR. 2. Boston Beer (SAM) upgraded to Outperform from Neutral at Macquarie with analyst Caroline Levy citing IRI data that showed sales were up 35% in the 4 weeks ended July 28, which she said confirmed the company's strong sales trends and continued momentum in its portfolio. 3. PPL Corp. (PPL) upgraded to Neutral from Underperform at BofA/Merrill with analyst Julien Dumoulin-Smith citing its Q2 earnings beat and backed expectations. 4. Dunkin' Brands (DNKN) upgraded to Buy from Hold at Argus with analyst John Staszak saying he sees the company growing its comps and accelerating its location openings with the positive view on the upgrades in store experience that includes drive-thru lines for mobile orders, brighter interior designs, espresso machines, digital order boards, and a coffee tap system. 5. Electronic Arts (EA) upgraded to Overweight from Neutral at Atlantic Equities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
MSFT Microsoft
$135.76

-1.9 (-1.38%)

08/05/19
MSCO
08/05/19
NO CHANGE
Target $170
MSCO
Overweight
IBM guidance with Red Hat in-line with Morgan Stanley expectations
After IBM (IBM) guided calendar year 2019 EPS of "at least" $12.80 when factoring in Red Hat, Morgan Stanley analyst Katy Huberty said this was in-line with her expectation ahead of the event. Following the company's Red Hat presentation, Huberty shifted some of her revenue and EPS forecast into Q4 to reflect the mainframe cycle, but her 2019 estimates for IBM remained otherwise unchanged. Huberty, who thinks Red Hat provides the horizontal platform to bridge the public clouds of AWS (AMZN), Azure (MSFT), GCP (GOOGL), and IBM Cloud, said the "Red Hat acquisition is all about positioning for Chapter 2 of cloud," which will be focused on enterprises' mission critical workloads. Huberty keeps an Overweight rating and $170 price target on IBM shares.
07/26/19
PIPR
07/26/19
NO CHANGE
Target $145
PIPR
Overweight
Proofpoint price target raised to $145 from $140 at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski raised his price target for Proofpoint (PFPT) to $145 from $140 saying the company's Q2 results were "very consistent with historical standards," beating the high-end of revenue guidance by 1.2% and billings by 0.9%.Management only raised the annual guidance by roughly the same amount as the beat, likely setting up for another beat in Q3, Nowinski tells investors in a research note. He believes Proofpoint continues to extend its lead in terms of market share over Microsoft (MSFT) and others, and reiterates an Overweight rating on the shares.
07/25/19
ARGS
07/25/19
NO CHANGE
Target $158
ARGS
Buy
Microsoft price target raised to $158 from $145 at Argus
Argus analyst Joseph Bonner raised his price target on Microsoft to $158 and kept his Buy rating, also raising his FY20 EPS view by 25c to $5.26 after the company's "strong" performance in FY19. The analyst says CEO Satya Nadella has succeeded in pivoting the company toward a "high-value commercial and cloud application businesses", adding that its commercial revenues are well-positioned to grow given Microsoft's "massive" user base.
07/25/19
JMPS
07/25/19
NO CHANGE
Target $325
JMPS
Market Perform
ServiceNow price target raised to $325 from $280 at JMP Securities
JMP Securities analyst Patrick Walravens raised his price target on ServiceNow (NOW) to $325 but kept his Market Perform rating after its mixed Q2 results with an earnings beat and a miss in subscription revenue and billings. The analyst notes however that the company's mid-30% growth of its Recovery Point Objective, or RPO, business is a positive, and also cites the management's spending discipline and partnership expansion with Microsoft (MSFT).
SNE Sony
$55.56

-0.58 (-1.03%)

04/24/19
04/24/19
INITIATION
Target $18

Buy
Chicken Soup for the Soul initiated with a Buy at Maxim
As previously reported, Maxim analyst Allen Klee initiated Chicken Soup for the Soul (CSSE) with a Buy rating and a price target of $18. The analyst expects the company's Crackle Plus online streaming joint venture with Sony (SNE) to double the company's revenues in 2019, making it "one of the largest players in the attractive advertising video-on-demand market." Klee also cites Chicken Soup for the Soul's "strong brands, accretive acquisitions, low risk TV production, and revenue streams from production/distribution/advertising", positioning the company for longer term growth. The analyst further cites the attractive valuation for the shares at 12-times his expected 2019 adjusted EBITDA.
05/14/19
CHLM
05/14/19
NO CHANGE
Target $14
CHLM
Buy
Immersion can get back to profitability in 2020, says Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised his price target for Immersion (IMMR) to $14 from $12 after the company signed both Samsung (SSNLF) and Sony (SNE), and raised 2019 guide. The analyst thinks the company can get back to profitability in 2020 based on new deal signings and cost cuts. He reiterates a Buy rating on Immersion shares.
05/17/19
BARD
05/17/19
NO CHANGE
BARD
Sony, Microsoft JV a 'surprsing turn' in 'battle for living room,' says Baird
Baird analyst Colin Sebastian said he views the joint venture pact between competitors Microsoft (MSFT) and Sony (SNE) on cloud-based gaming services as both "surprising" and a validation of the emerging market for streaming. The two companies clearly view video games as strategically important enough to put aside their intense competition and see Google (GOOGL) as a legitimate competitor and the Stadia streaming platform as a credible threat, said Sebastian, who added that he does not believe this means Sony and Microsoft will forego their separate console hardware platforms. He also believes that video game developers and publishers should benefit from the intensifying battle among platform companies for share of the game market and the "living room audience." Publicly traded game makers include Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two (TTWO).
06/12/19
NOMU
06/12/19
NO CHANGE
Target $33
NOMU
Buy
AMD has 'ample opportunity' to drive further growth, says Nomura Instinet
Nomura Instinet analyst David Wong believes AMD's (AMD) "strong" 7nm product pipeline and recent next-generation gaming console wins could help it to maintain its microprocessor momentum and support its "semi-custom" revenue stream. In addition, AMD has "ample opportunity" to drive further growth through market share gains in discrete GPUs for personal computers and continued penetration of the market for datacenter GPUs and accelerators, Wong tells investors in a research note. He reiterates a Buy rating on the shares with a $33 price target. He highlights the company's gaming wins with Microsoft (MSFT), Google (GOOG, GOOGL), and Sony (SNE).

TODAY'S FREE FLY STORIES

CBS

CBS

$43.83

0.5 (1.15%)

, VIA

Viacom

$27.27

-0.4 (-1.45%)

08:03
08/17/19
08/17
08:03
08/17/19
08:03
Periodicals
Viacom-CBS merger got panned by investors, Barron's says »

CBS (CBS) and Viacom…

CBS

CBS

$43.83

0.5 (1.15%)

VIA

Viacom

$27.27

-0.4 (-1.45%)

VIAB

Viacom

$26.02

0.09 (0.35%)

AAPL

Apple

$206.44

4.71 (2.33%)

DIS

Disney

$135.19

1.79 (1.34%)

T

AT&T

$34.98

0.64 (1.86%)

CMCSA

Comcast

$43.17

0.82 (1.94%)

CMCSK

Comcast

$0.00

(0.00%)

NFLX

Netflix

$302.74

6.81 (2.30%)

AMZN

Amazon.com

$1,791.82

16.72 (0.94%)

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MYGN

Myriad Genetics

$25.36

2.14 (9.22%)

07:57
08/17/19
08/17
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07:57
Periodicals
Myriad Genetics stock might have an FDA issue, Barron's says »

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CSCO

Cisco

$46.96

0.73 (1.58%)

, NTAP

NetApp

$46.75

0.33 (0.71%)

07:50
08/17/19
08/17
07:50
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07:50
Periodicals
Trade war hitting tech stocks, Barron's says »

Cisco (CSCO) plunged 9% a…

CSCO

Cisco

$46.96

0.73 (1.58%)

NTAP

NetApp

$46.75

0.33 (0.71%)

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RDS.A

Royal Dutch Shell

$55.55

0.47 (0.85%)

, RDS.B

Royal Dutch Shell

$55.56

0.46 (0.83%)

07:47
08/17/19
08/17
07:47
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07:47
Periodicals
Investors should not abandon oil, gas stocks, Barron's says »

Energy stocks have rarely…

RDS.A

Royal Dutch Shell

$55.55

0.47 (0.85%)

RDS.B

Royal Dutch Shell

$55.56

0.46 (0.83%)

BP

BP

$36.27

0.22 (0.61%)

XOM

Exxon Mobil

$68.30

1.06 (1.58%)

CVX

Chevron

$115.79

0.08 (0.07%)

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TGT

Target

$84.20

1.67 (2.02%)

, WMT

Walmart

$112.99

0.32 (0.28%)

07:40
08/17/19
08/17
07:40
08/17/19
07:40
Periodicals
Grocery Outlet thriving as rivals struggle, Barron's says »

While Dow was down 800…

TGT

Target

$84.20

1.67 (2.02%)

WMT

Walmart

$112.99

0.32 (0.28%)

GO

Grocery Outlet

$46.55

2.81 (6.42%)

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

American Eagle

$15.40

0.63 (4.27%)

07:33
08/17/19
08/17
07:33
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07:33
Periodicals
American Eagle to soar despite trade war, Barron's says »

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ANGI

Angi Homeservices

$8.18

-0.18 (-2.15%)

, MTCH

Match Group

$84.53

2.08 (2.52%)

07:27
08/17/19
08/17
07:27
08/17/19
07:27
Periodicals
Dating business might be IAC's best asset, greatest challenge, Barron's says »

IAC (IAC) has rallied 34%…

ANGI

Angi Homeservices

$8.18

-0.18 (-2.15%)

MTCH

Match Group

$84.53

2.08 (2.52%)

IAC

IAC

$249.17

4.21 (1.72%)

03/08/13
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03/06/13
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03/06/13
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AAPL

Apple

$206.44

4.71 (2.33%)

, HAS

Hasbro

$114.29

1.13 (1.00%)

07:13
08/17/19
08/17
07:13
08/17/19
07:13
On The Fly
Week in review How Trump's policies moved stocks »

Catch up on the top…

AAPL

Apple

$206.44

4.71 (2.33%)

HAS

Hasbro

$114.29

1.13 (1.00%)

MAT

Mattel

$10.74

(0.00%)

AGR

Avangrid

$49.29

0.37 (0.76%)

JPM

JPMorgan

$107.73

2.52 (2.40%)

BAC

Bank of America

$27.04

0.79 (3.01%)

C

Citi

$63.46

2.13 (3.47%)

03/08/13
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03/08/13
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03/06/13
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NCLH

Norwegian Cruise Line

$50.48

1.38 (2.81%)

18:04
08/16/19
08/16
18:04
08/16/19
18:04
Hot Stocks
Norwegian Cruise Line CEO sells 25K shares of common stock »

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RM

Regional Management

$27.12

0.14 (0.52%)

18:01
08/16/19
08/16
18:01
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18:01
Hot Stocks
Regional Management CFO buys 5K shares of common stock »

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  • 13

    Nov

RTN

Raytheon

$178.10

-0.42 (-0.24%)

17:59
08/16/19
08/16
17:59
08/16/19
17:59
Hot Stocks
Raytheon awarded $199.59M Navy contract for MK 15 CIWS »

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WEN

Wendy's

$19.94

0.16 (0.81%)

17:57
08/16/19
08/16
17:57
08/16/19
17:57
Hot Stocks
Breaking Hot Stocks news story on Wendy's »

Trian Fund lowers…

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  • 13

    Nov

BRY

Berry Petroleum

$8.59

0.39 (4.76%)

17:54
08/16/19
08/16
17:54
08/16/19
17:54
Syndicate
Breaking Syndicate news story on Berry Petroleum »

Berry Petroleum files to…

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CSWI

CSW Industrials

$70.20

1.92 (2.81%)

17:52
08/16/19
08/16
17:52
08/16/19
17:52
Hot Stocks
CSW Industrials CEO sells 25K shares of common stock »

In a regulatory filing,…

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OAS

Oasis Petroleum

$3.03

0.135 (4.66%)

17:49
08/16/19
08/16
17:49
08/16/19
17:49
Hot Stocks
Oasis Petroleum CEO buys 30K shares of common stock »

In a regulatory filing,…

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EE

El Paso Electric

$66.41

0.005 (0.01%)

17:45
08/16/19
08/16
17:45
08/16/19
17:45
Hot Stocks
El Paso Electric director Wertheimer sells 25K shares of common stock »

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HON

Honeywell

$165.07

2.81 (1.73%)

17:42
08/16/19
08/16
17:42
08/16/19
17:42
Hot Stocks
Honeywell CEO sells 7.1K shares of common stock »

In a regulatory filing,…

03/08/13
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MBRX

Moleculin Biotech

$1.08

0.01 (0.93%)

17:37
08/16/19
08/16
17:37
08/16/19
17:37
Earnings
Moleculin Biotech reports Q2 EPS (3c), two estimates (10c) »

CFO Jonathan Foster…

03/08/13
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VIVE

Viveve

$0.13

0.0046 (3.59%)

17:35
08/16/19
08/16
17:35
08/16/19
17:35
Syndicate
Breaking Syndicate news story on Viveve »

Viveve files to sell…

03/08/13
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PRGO

Perrigo

$46.21

0.535 (1.17%)

17:30
08/16/19
08/16
17:30
08/16/19
17:30
Hot Stocks
Breaking Hot Stocks news story on Perrigo »

Starboard lowers Perrigo…

03/08/13
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  • 01

    Oct

UAL

United Continental

$82.96

1.36 (1.67%)

17:28
08/16/19
08/16
17:28
08/16/19
17:28
Hot Stocks
United Continental director Shapiro buys 10K shares of common stock »

In a regulatory filing,…

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  • 04

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  • 23

    Sep

MBIO

Mustang Bio

$3.88

0.19 (5.15%)

17:26
08/16/19
08/16
17:26
08/16/19
17:26
Syndicate
Breaking Syndicate news story on Mustang Bio »

Mustang Bio files to…

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  • 04

    Sep

BCLI

BrainStorm

$3.63

0.055 (1.54%)

17:24
08/16/19
08/16
17:24
08/16/19
17:24
Syndicate
Breaking Syndicate news story on BrainStorm »

BrainStorm files to sell…

03/08/13
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03/06/13
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WLK

Westlake Chemical

$61.27

0.66 (1.09%)

17:15
08/16/19
08/16
17:15
08/16/19
17:15
Hot Stocks
Westlake Chemical raises quarterly dividend by 5% to 26.25c per share »

The dividend will be…

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GIG

GigCapital

$10.30

(0.00%)

17:10
08/16/19
08/16
17:10
08/16/19
17:10
Hot Stocks
GigCapital receives noncompliance notice from NYSE »

GigCapital announced that…

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