Breaking News Instant updates and real-time market news.

APHA

Aphria

$6.21

0.04 (0.65%)

04:55
08/20/19
08/20
04:55
08/20/19
04:55

Aphria management to meet with Seaport Global

Meetings to be held in Denver on August 19-20 hosted by Seaport Global.

  • 20

    Aug

APHA Aphria
$6.21

0.04 (0.65%)

05/24/19
JEFF
05/24/19
INITIATION
JEFF
Buy
Jefferies starts Aphria at Buy, says valuation 'not reflective of reality'
Jefferies analyst Owen Bennett initiated coverage of Aphria (APHA) with a Buy rating and C$15 price target. The stock closed yesterday down 33c to $6.41. The analyst says the company scores highly on his "strategic scorecard," or third overall behind only Canopy Growth (CGC) and Aurora Cannabis (ACB). Despite a "strong global outlook," Aphria's valuation is the cheapest across the space, with allegations around inflated assets/insider deals weighing on the shares, Bennett tells investors in a research note. The analyst expects a "significant re-rating" in the shares with "these issues now seemingly cleared up." He points out that the company's questionable relationships have been severed and a special committee review found assets had not been falsely inflated. Bennett believes Aphria continues to execute and that its valuation is "not reflective of reality."
05/24/19
05/24/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Zoom Video (ZM) initiated with a Perform at Oppenheimer. 2. CannTrust (CTST) initiated with a Buy at BofA/Merrill. 3. Inseego (INSG) initiated with an Outperform at Cowen. 4. Falcon Minerals (FLMN) initiated with an Outperform at Baird. 5. Aphria (APHA) initiated with a Buy at Jefferies. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/10/19
PIPR
06/10/19
NO CHANGE
PIPR
Cannabis regulation could become top 2020 election issue, says Piper Jaffray
After Washington D.C. lobbyist Michael Esposito, who also works closely with President Trump's administration, spoke at his firm's conference, Piper Jaffray analyst Michael Lavery believes cannabis regulation could become a top 2020 election issue. By supporting cannabis, Trump may be able to incrementally broaden his appeal with swing voters without alienating his base, Esposito tells investors in a research note. Though Trump has indicated his willingness to support the STATES Act, his enthusiasm could depend on whether or not Elizabeth Warren, author of the bill, is his opponent, adds the analyst in a note titled "Handicapping US Legalization Outlook: Politics Are Complicated." And while Senate Majority Leader Mitch McConnell is a roadblock for legislation in the Senate, Trump could use executive orders between now and the election to show support for the industry, potentially relating to cannabis banking or medical research, says Lavery. The analyst has Overweight ratings on both Canopy Growth (CGC) and Tilray (TLRY). Other names in the space include Aphria (APHA), Aurora Cannabis (ACB), CV Sciences (CVSI), CannTrust Holdings (CNTTF), Cronos Group (CRON), General Cannabis (CANN), India Globalization Capital (IGC), MediPharm Labs (MLCPF) and Zynerba (ZYNE).
07/26/19
CIBC
07/26/19
DOWNGRADE
CIBC
Underperformer
Aphria downgraded to Underperformer from Neutral at CIBC
CIBC analyst John Zamparo downgraded Aphria to Underperformer from Neutral and lowered his price target for the shares to $6.50 from $12. The stock closed Thursday down 23c to $5.84. The analyst cites concerns about "aggressive" Street estimates, potential asset impairment, a "leadership void and less robust supply contracts" for the downgrade. While Aphria likely captures a high-single-digit market share, and last month's partnership with PAX Era was a "meaningful win," the stock carries more risk than reward at current levels, Zamparo tells investors in a research note. The analyst believes consensus estimates need to come down to reflect slower industry growth than previously contemplated. He thinks this will pressure the stock.

TODAY'S FREE FLY STORIES

16:10
09/20/19
09/20
16:10
09/20/19
16:10
General news
Treasury Market Summary »

Treasury Market Summary:…

AAPL

Apple

$218.51

-2.4 (-1.09%)

, MCD

McDonald's

$210.05

-0.51 (-0.24%)

16:08
09/20/19
09/20
16:08
09/20/19
16:08
On The Fly
Fly Intel: Wall Street's top stories for Friday »

U.S. markets closed out…

AAPL

Apple

$218.51

-2.4 (-1.09%)

MCD

McDonald's

$210.05

-0.51 (-0.24%)

FB

Facebook

$189.46

-0.69 (-0.36%)

FIT

Fitbit

$4.13

0.46 (12.55%)

GOOG

Alphabet

$1,230.65

-8.95 (-0.72%)

GOOGL

Alphabet Class A

$1,230.42

-7.79 (-0.63%)

WMT

Walmart

$116.92

-0.12 (-0.10%)

MO

Altria Group

$40.78

0.67 (1.67%)

BTI

British American Tobacco

$36.29

-0.21 (-0.58%)

IMBBY

Imperial Brands

$0.00

(0.00%)

PM

Philip Morris

$71.50

-0.2 (-0.28%)

MDR

McDermott

$2.02

0.44 (27.85%)

CRC

California Resources

$11.08

1.18 (11.92%)

ROKU

Roku

$107.49

-26.22 (-19.61%)

W

Wayfair

$122.82

-5.845 (-4.54%)

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

See Street Research during your Free Trial

  • 20

    Sep

  • 23

    Sep

  • 24

    Sep

  • 25

    Sep

  • 27

    Oct

  • 12

    Nov

  • 13

    Nov

  • 14

    Nov

BPMX

BioPharmX

$0.39

0.008 (2.12%)

16:08
09/20/19
09/20
16:08
09/20/19
16:08
Hot Stocks
BioPharmX receives extension to regain compliance with NYSE »

BioPharmX received a…

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

See Street Research during your Free Trial

SKIS

Peak Resorts

$10.99

0.005 (0.05%)

, MTN

Vail Resorts

$235.28

1.31 (0.56%)

16:06
09/20/19
09/20
16:06
09/20/19
16:06
Hot Stocks
Peak Resorts holders approve merger pact for acquisition by Vail Resorts »

Peak Resorts, Inc. (SKIS)…

SKIS

Peak Resorts

$10.99

0.005 (0.05%)

MTN

Vail Resorts

$235.28

1.31 (0.56%)

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

See Street Research during your Free Trial

  • 20

    Sep

  • 26

    Sep

SPKE

Spark Energy

$10.07

0.06 (0.60%)

16:04
09/20/19
09/20
16:04
09/20/19
16:04
Syndicate
Breaking Syndicate news story on Spark Energy »

Spark Energy files to…

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

See Street Research during your Free Trial

SPKE

Spark Energy

$10.07

0.06 (0.60%)

16:02
09/20/19
09/20
16:02
09/20/19
16:02
Syndicate
Breaking Syndicate news story on Spark Energy »

Spark Energy files $200M…

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

See Street Research during your Free Trial

FTFT

Future FinTech

$1.01

-0.02 (-1.95%)

16:01
09/20/19
09/20
16:01
09/20/19
16:01
Hot Stocks
Future FinTech submits compliance plan to Nasdaq »

Future FinTech Group…

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

See Street Research during your Free Trial

SALM

Salem Media

$1.65

-0.115 (-6.52%)

15:34
09/20/19
09/20
15:34
09/20/19
15:34
Syndicate
Breaking Syndicate news story on Salem Media »

Salem Media files to sell…

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

See Street Research during your Free Trial

SALM

Salem Media

$1.65

-0.115 (-6.52%)

15:34
09/20/19
09/20
15:34
09/20/19
15:34
Syndicate
Breaking Syndicate news story on Salem Media »

Salem Media files $40M…

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

See Street Research during your Free Trial

BMRC

Bank of Marin

$42.89

-0.63 (-1.45%)

15:31
09/20/19
09/20
15:31
09/20/19
15:31
Hot Stocks
Bank of Marin engages Korn Ferry for CEO successor search »

Bank of Marin and its…

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

See Street Research during your Free Trial

RIG

Transocean

$5.78

-0.08 (-1.37%)

15:30
09/20/19
09/20
15:30
09/20/19
15:30
Options
Long-term deep otm puts in Transocean see action »

Long-term deep otm puts…

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

See Street Research during your Free Trial

IWM

iShares Trust Russell 2000 Index Fund

$155.47

-0.26 (-0.17%)

, RUT

Russell 2000 Index

$0.00

(0.00%)

15:29
09/20/19
09/20
15:29
09/20/19
15:29
Technical Analysis
On The Fly: Weekly technical notes for Russell 2000 »

The Russell 2000 (RUT),…

IWM

iShares Trust Russell 2000 Index Fund

$155.47

-0.26 (-0.17%)

RUT

Russell 2000 Index

$0.00

(0.00%)

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

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
09/20/19
09/20
15:17
09/20/19
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

See Street Research during your Free Trial

TD

Toronto-Dominion

$57.84

0.27 (0.47%)

, DB

Deutsche Bank

$8.02

-0.05 (-0.62%)

15:16
09/20/19
09/20
15:16
09/20/19
15:16
Periodicals
TD accepted Epstein accounts after Deutsche cut ties, Bloomberg says »

Canadian lender TD Bank…

TD

Toronto-Dominion

$57.84

0.27 (0.47%)

DB

Deutsche Bank

$8.02

-0.05 (-0.62%)

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

See Street Research during your Free Trial

  • 27

    Oct

$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
09/20/19
09/20
15:16
09/20/19
15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

See Street Research during your Free Trial

ADVM

Adverum Biotechnologies

$6.33

0.15 (2.43%)

15:15
09/20/19
09/20
15:15
09/20/19
15:15
Options
Adverum Biotechnologies put volume heavy and directionally bearish »

Bearish flow noted in…

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

See Street Research during your Free Trial

  • 11

    Oct

SPY

SPDR S&P 500 ETF Trust

$299.02

-0.656381 (-0.22%)

, SPX

S&P 500

$0.00

(0.00%)

15:09
09/20/19
09/20
15:09
09/20/19
15:09
Technical Analysis
On The Fly: Weekly technical notes for S&P 500 »

The S&P 500 (SPX) at…

SPY

SPDR S&P 500 ETF Trust

$299.02

-0.656381 (-0.22%)

SPX

S&P 500

$0.00

(0.00%)

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

See Street Research during your Free Trial

GOOG

Alphabet

$1,232.55

-7.05 (-0.57%)

, GOOGL

Alphabet Class A

$1,232.30

-5.91 (-0.48%)

15:04
09/20/19
09/20
15:04
09/20/19
15:04
Hot Stocks
YouTube CEO apologizes to creators for 'new approach to verification' »

YouTube CEO Susan…

GOOG

Alphabet

$1,232.55

-7.05 (-0.57%)

GOOGL

Alphabet Class A

$1,232.30

-5.91 (-0.48%)

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

See Street Research during your Free Trial

  • 24

    Sep

  • 27

    Oct

MGM

MGM Resorts

$28.92

-0.14 (-0.48%)

, BX

Blackstone

$52.46

-0.45 (-0.85%)

15:00
09/20/19
09/20
15:00
09/20/19
15:00
Periodicals
MGM Resorts in talks to sell Circus Circus casino to Phil Ruffin, Bloomberg says »

MGM Resorts (MGM) is in…

MGM

MGM Resorts

$28.92

-0.14 (-0.48%)

BX

Blackstone

$52.46

-0.45 (-0.85%)

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

See Street Research during your Free Trial

  • 26

    Sep

TGT

Target

$107.36

-0.48 (-0.45%)

15:00
09/20/19
09/20
15:00
09/20/19
15:00
Options
Buyer pays 12c over parity for deep in the money expiring Sep 87.5 calls »

Buyer pays 12c over…

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

See Street Research during your Free Trial

  • 25

    Sep

CAG

Conagra Brands

$29.95

0.3 (1.01%)

14:55
09/20/19
09/20
14:55
09/20/19
14:55
Options
ConAgra put volume heavy and directionally bearish »

Bearish flow noted in…

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

See Street Research during your Free Trial

  • 26

    Sep

  • 01

    Oct

14:50
09/20/19
09/20
14:50
09/20/19
14:50
General news
Fed's Kaplan said he backed the Fed's rate cuts in September and July »

Fed's Kaplan said he…

FB

Facebook

$189.71

-0.44 (-0.23%)

14:48
09/20/19
09/20
14:48
09/20/19
14:48
Hot Stocks
Facebook says has suspended 'tens of thousands' of apps over data use »

In a blog post, Facebook…

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

See Street Research during your Free Trial

  • 20

    Sep

  • 24

    Sep

  • 27

    Oct

SKT

Tanger Factory

$15.90

0.13 (0.82%)

14:35
09/20/19
09/20
14:35
09/20/19
14:35
Options
Tanger Factory put volume heavy and directionally bearish »

Bearish flow noted in…

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

See Street Research during your Free Trial

14:35
09/20/19
09/20
14:35
09/20/19
14:35
General news
Action Economics Survey results: »

Action Economics Survey…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.