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TTWO

Take-Two

$126.16

-1.34 (-1.05%)

, EA

Electronic Arts

$88.09

-4.19 (-4.54%)

06:00
08/15/19
08/15
06:00
08/15/19
06:00

Holiday video game slate less crowded this year, says Piper Jaffray

Piper Jaffray analyst Michael Olson sees a less crowded holiday video game title slate this year versus 2018. There are actually more titles launching in holiday 2019, but fewer large titles, suggesting gamer wallet share will be more concentrated, Olson tells investors in a research note. Most notably, Take-Two Interactive's (TTWO) Borderlands 3 and Electronic Arts' (EA) Star Wars Jedi, incremental titles that can expand an established player base, could be beneficiaries, says the analyst. Further, Activision Blizzard's (ATVI) Call of Duty: Modern Warfare could draw in lapsed players, particularly with the inclusion of cross-play, adds Olson. The analyst's survey of over 500 gamers showed Call of Duty: Modern Warfare and Star Wars are "top of mind." Take-Two and EA have the most near-term upside potential but with a "strong" 2020 slate, Activision "may be the best longer-term bet," Olson writes. He has Overweight ratings on all three names.

TTWO

Take-Two

$126.16

-1.34 (-1.05%)

EA

Electronic Arts

$88.09

-4.19 (-4.54%)

ATVI

Activision Blizzard

$45.27

-2.88 (-5.98%)

  • 16

    Aug

  • 05

    Sep

  • 13

    Nov

TTWO Take-Two
$126.16

-1.34 (-1.05%)

08/06/19
WEDB
08/06/19
NO CHANGE
Target $144
WEDB
Outperform
Take-Two price target raised to $144 from $134 at Wedbush
Wedbush analyst Michael Pachter raised his price target for Take-Two to $144 from $134 as he believes the company's Q1 beat and raise reflects strength of digital execution and franchise power. The analyst reiterates an Outperform rating on the shares.
08/06/19
KEYB
08/06/19
NO CHANGE
Target $150
KEYB
Overweight
Take-Two price target raised to $150 from $145 at KeyBanc
KeyBanc analyst Tyler Parker raised his price target for Take-Two to $150 from $145 after the company reported a "solid" quarter to start 2020, with upside to expectations largely driven by strong RCS growth out of NBA 2K19. The analyst maintains that Take-Two is best-in-class in terms of driving ongoing engagement and consumer spending, which sets up well with the ongoing ramp of Red Dead Online and the upcoming launch of Borderlands 3. Parker reiterates an Overweight rating on the shares.
08/06/19
JEFF
08/06/19
NO CHANGE
Target $125
JEFF
Hold
Take-Two price target raised to $125 from $115 at Jefferies
Jefferies analyst Alex Giaimo raised his price target for Take-Two Interactive Software to $125 from $115 saying core franchises drove an "impressive beat" in fiscal Q1. The "encouraging" quarter improves the analyst's confidence in the staying power of Take-Two's core franchises. Giaimo, who acknowledges that the company's fundamentals are strong, views valuation as "the biggest hurdle." He keeps a Hold rating on the shares.
08/06/19
FBCO
08/06/19
NO CHANGE
Target $125
FBCO
Neutral
Take-Two price target raised to $125 from $118 at Credit Suisse
Credit Suisse analyst Stephen Ju raised his price target for Take-Two to $125 from $118 following the company's Q1 "high-quality" report that showcased not only the improving mix of recurrent consumer spend from GTA Online and NBA 2k, but also the lasting durability of ongoing sales of GTA V as well, which has now sold in 110M units. The analyst reiterates a Neutral rating on the shares given balanced risk/reward.
EA Electronic Arts
$88.09

-4.19 (-4.54%)

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.
08/07/19
ATLE
08/07/19
UPGRADE
ATLE
Overweight
Electronic Arts upgraded to Overweight from Neutral at Atlantic Equities
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.
ATVI Activision Blizzard
$45.27

-2.88 (-5.98%)

08/06/19
STFL
08/06/19
NO CHANGE
Target $55
STFL
Buy
Activision Blizzard should report 'more subdued' quarter, says Stifel
Stifel analyst Drew Crum said he expects a "more subdued quarter" for Activision Blizzard given an overall lighter slate, though he noted that his estimate for net bookings of $1.203B positions him slightly ahead of consensus. He is not anticipating any changes to this year's outlook and continues to expect greater visibility on 2020-'21 moving forward, added Crum, who keeps a Buy rating on Activision Blizzard and edged up his price target on the stock to $55 from $52 ahead of the company's report on August 8.
08/09/19
PIPR
08/09/19
NO CHANGE
Target $55
PIPR
Overweight
Activision Blizzard target raised to $55 on 'strong' Q2 at Piper Jaffray
Piper Jaffray analyst Michael Olson raised his price target for Activision Blizzard to $55 from $52 saying the company posted "strong" Q2 results, but guided Q3 below consensus and fiscal 2019 guidance was raised by less than the Q2 beat. The outlook may disappoint some investors, but it is typical for Activision to guide conservatively this early in the year, with the majority of revenue still to come in the second half, Olson tells investors in a research note. As such, he maintains an Overweight rating on Activision shares.
08/09/19
MSCO
08/09/19
NO CHANGE
Target $57
MSCO
Overweight
Morgan Stanley says Activision reported 'clean beat,' ups target to $57
Morgan Stanley analyst Brian Nowak raised his price target for Activision Blizzard to $57 from $55 after the company reported a "clean beat" in Q2 as slight weakness in the King mobile segment was offset by stronger than expected performance in other areas. He is encouraged by the company's expense discipline and expects successful new game launches, including Call of Duty Mobile and Call of Duty Modern Warfare, later this year, Nowak tells investors. He keeps an Overweight rating on Activision Blizzard shares.
08/14/19
BMOC
08/14/19
NO CHANGE
Target $43
BMOC
Market Perform
Activision Blizzard price target raised to $43 from $40 at BMO Capital
BMO Capital analyst Gerrick Johnson raised his price target on Activision Blizzard to $43 but kept his Market Perform rating after its Q2 results last week. The analyst notes that the earnings beat was primarily due to the favorable expense timing, while the raise in guidance was only 1c per share when excluding the "unanticipated unrealized gain". Johnson recommends that investors remain on the sidelines until there is greater visibility in its potential to generate profitable growth.

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07:53
08/22/19
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07:53
Conference/Events
Citigroup to hold a forum »

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JEC

Jacobs Engineering

$86.06

2.45 (2.93%)

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MSGN

MSG Networks

$14.78

-2.07 (-12.28%)

07:51
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MSG Networks analyst commentary  »

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CERN

Cerner

$71.77

0.44 (0.62%)

07:50
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Cerner rating change  »

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ADMA

ADMA Biologics

$4.05

-0.01 (-0.25%)

07:50
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  • 23

    Aug

FLWS

1-800-Flowers.com

$19.36

0.74 (3.97%)

07:48
08/22/19
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07:48
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07:48
Earnings
1-800-Flowers.com sees FY20 EPS up 8%-10% »

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FLWS

1-800-Flowers.com

$19.36

0.74 (3.97%)

07:48
08/22/19
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Earnings
1-800-Flowers.com reports Q4 adj. EPS (12c), consensus (14c) »

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  • 22

    Aug

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SQM

SQM

$25.40

-0.86 (-3.27%)

07:45
08/22/19
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07:45
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07:45
Downgrade
SQM rating change  »

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  • 22

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SEDG

SolarEdge

$87.87

3.16 (3.73%)

07:44
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SolarEdge rating change  »

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TIF

Tiffany

$84.51

2.27 (2.76%)

07:43
08/22/19
08/22
07:43
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07:43
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Tiffany analyst commentary  »

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  • 28

    Aug

DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:42
08/22/19
08/22
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07:42
Hot Stocks
Dick's Sporting reports Q2 eCommerce sales up 21% »

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  • 22

    Aug

FLR

Fluor

$17.35

0.3 (1.76%)

07:41
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07:41
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Fluor rating change  »

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DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:40
08/22/19
08/22
07:40
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07:40
Hot Stocks
Dick's Sporting up 10% after Q2 results beat estimates, FY19 profit view raised »

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  • 22

    Aug

PDD

Pinduoduo

$30.14

4.165 (16.04%)

07:39
08/22/19
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DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:38
08/22/19
08/22
07:38
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07:38
Earnings
Dick's Sporting says FY19 EPS guidance includes expected tariff impacts »

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  • 22

    Aug

TGT

Target

$103.11

17.54 (20.50%)

07:36
08/22/19
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07:36
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Target analyst commentary  »

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  • 15

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DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:36
08/22/19
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Hot Stocks
Dick's Sporting CEO says 'we are very pleased with our second quarter results' »

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  • 22

    Aug

HMSY

HMS Holdings

$38.69

-0.19 (-0.49%)

07:36
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HMS Holdings rating change  »

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  • 04

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DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:35
08/22/19
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Hot Stocks
Dick's Sporting sees FY19 CapEx approximately $230M on gross basis »

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  • 22

    Aug

CLSD

Clearside Biomedical

$1.27

0.09 (7.66%)

07:35
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Breaking Hot Stocks news story on Clearside Biomedical »

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  • 19

    Oct

DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:34
08/22/19
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Hot Stocks
Dick's Sporting says continuing strategic review of hunt business »

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  • 22

    Aug

DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:33
08/22/19
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07:33
Hot Stocks
Dick's Sporting sees FY19 SSS growth in 'low single-digits' »

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  • 22

    Aug

DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:31
08/22/19
08/22
07:31
08/22/19
07:31
Earnings
Dick's Sporting raises FY19 EPS view to $3.30-$3.45 from $3.20-$3.40 

FY19 consensus $3.31.

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  • 22

    Aug

PSTG

Pure Storage

$13.87

0.2 (1.46%)

07:30
08/22/19
08/22
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Pure Storage analyst commentary  »

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  • 28

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  • 16

    Dec

DKS

Dick's Sporting

$32.97

0.62 (1.92%)

07:30
08/22/19
08/22
07:30
08/22/19
07:30
Earnings
Dick's Sporting reports Q2 EPS $1.26, consensus $1.21 »

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  • 22

    Aug

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