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MA

MasterCard

$274.24

2.4 (0.88%)

, FB

Facebook

$183.42

0.78 (0.43%)

06:05
08/19/19
08/19
06:05
08/19/19
06:05

MasterCard putting together cryptocurrency team, NY Post reports

MasterCard (MA), which has partnered with Facebook (FB) on its Libra cryptocurrency, is also assembling its own cryptocurrency team, The New York Post's Gregory Bresiger reports. A MasterCard official says the company seeks new ways to create value. "Looking at blockchains and cryptocurrencies is part of these activities," says SVP Seth Eisen. Reference Link

MA

MasterCard

$274.24

2.4 (0.88%)

FB

Facebook

$183.42

0.78 (0.43%)

  • 15

    Sep

  • 24

    Sep

  • 27

    Oct

MA MasterCard
$274.24

2.4 (0.88%)

07/31/19
NOMU
07/31/19
NO CHANGE
Target $324
NOMU
Buy
MasterCard price target raised to $324 from $282 at Nomura Instinet
Nomura Instinet analyst Bill Carcache raised his price target for MasterCard to $324 from $282 saying the delivered another solid quarter, fueled by better than expected volume growth, new partnership signings, and progress across its growth initiatives. The analyst believes the company can continue to generate mid-teens compound annual earnings growth. He keeps a Buy rating on the shares.
07/31/19
SUSQ
07/31/19
NO CHANGE
Target $320
SUSQ
Positive
MasterCard price target raised to $320 from $293 at Susquehanna
Susquehanna analyst James Friedman raised his price target on MasterCard to $320 from $293 following strong Q2 results. The analyst noted the company beat both the top and bottom line estimates but that it's "Services" revenues drove 20%+ growth in Other Revenues. Friedman reiterated his Positive rating on MasterCard shares.
07/31/19
ARGS
07/31/19
NO CHANGE
Target $320
ARGS
Buy
MasterCard price target raised to $320 from $288 at Argus
Argus analyst Stephen Biggar raised his price target on MasterCard to $320 and kept his Buy rating after its Q2 earnings beat, saying the company's payment and switched transaction volumes metrics also showed sequential acceleration in the quarter. The analyst believes that MasterCard's strong cyclical and secular trends are continuing, and that its "record" operating margins warrant a premium relative to the stock's historical average multiple.
08/02/19
MSCO
08/02/19
NO CHANGE
Target $74
MSCO
Equal Weight
Square reported 'notable' deceleration in GPV, says Morgan Stanley
Morgan Stanley analyst James Faucette said the deceleration in gross payment volume, or GPV, growth reported by Square (SQ) this quarter was somewhat disappointing and "notable" given the strong U.S. consumer spending trends reported by other Payments players, including Visa (V) and MasterCard (MA). Combining this with the "deviation from Square's traditional beat-and-raise story" made him less positive about the report, although his calendar 2019 forecasts remain largely intact, said Faucette, who keeps an Equal Weight rating and $74 price target on Square shares.
FB Facebook
$183.42

0.78 (0.43%)

08/02/19
MKMP
08/02/19
INITIATION
Target $245
MKMP
Buy
Facebook assumed with a Buy at MKM Partners
MKM Partners analyst Rohit Kulkani assumed coverage of Facebook with a Buy rating and a price target of $245, saying the stock offers a "rare combination" of scale, growth, and profitability. The analyst contends that the company still has "significant growth runway ahead" toward improving ad targeting, user experience, and monetization across its platforms.
08/02/19
08/02/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL), Facebook (FB), and Amazon.com (AMZN) initiated with a Buy at MKM Partners. 2. iHeartMedia (IHRT) initiated with an Overweight at JPMorgan. 3. NuStar Energy (NS) initiated with a Neutral at Mizuho. 4. Ultragenyx (RARE) assumed with an Outperform at Wedbush. 5. Avantor (AVTR) initiated with a Neutral at Cleveland Research. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/09/19
DADA
08/09/19
NO CHANGE
Target $48
DADA
Buy
Yelp CFO departure another indication of possible sale, says DA Davidson
DA Davidson analyst Tom Forte views the upcoming departure of CFO Lanny Baker as "another indication that Yelp (YELP) may be sold." Forte believes the company could be worth as much as $60 per share in a buyout. Yelp in afternoon trading is up 8%, or $2.93, to $37.76. Of the companies he covers, Forte says Yelp is the most likely to be sold given the low price of its shares, the involvement of an activist, and its strategic value to potential acquirers like Amazon.com (AMZN), Apple (AAPL), Facebook (FB) or Alphabet (GOOG, GOOGL). The analyst has a Buy rating on Yelp with a $48 price target.
08/14/19
BERN
08/14/19
NO CHANGE
BERN
Tesla executive turnover notably high, 'not outlandish,' says Bernstein
Bernstein analyst A.M. Sacconaghi, Jr. performed a detailed benchmarking analysis of executive turnover at Tesla (TSLA) and at comparable companies that are young, fast growing, and largely Silicon Valley based, including Snap (SNAP), Uber (UBER), Lyft (LYFT), Airbnb, Netflix (NFLX), Facebook (FB) and Amazon (AMZN). His analysis indicates that Tesla's annualized executive turnover level has been 27%, "notably higher" than the cohort average of 15%. With that said, the analyst notes that it is "not outlandish," with Snap at 24% and Lyft at 23%, which is nearly as high.

TODAY'S FREE FLY STORIES

EPAM

Epam Systems

$185.46

0.86 (0.47%)

06:07
09/20/19
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06:07
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FB

Facebook

$190.15

1.96 (1.04%)

06:06
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06:06
Periodicals
Person dies by suicide at Facebook headquarters in Menlo Park, BI reports »

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CTSH

Cognizant

$63.44

-0.07 (-0.11%)

06:06
09/20/19
09/20
06:06
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06:06
Initiation
Cognizant initiated  »

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FB

Facebook

$190.15

1.96 (1.04%)

06:05
09/20/19
09/20
06:05
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06:05
Hot Stocks
Trump says 'nice meeting with' Facebook CEO Mark Zuckerberg »

President Donald Trump…

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XLNX

Xilinx

$103.59

-1.3 (-1.24%)

06:04
09/20/19
09/20
06:04
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06:04
Downgrade
Xilinx rating change  »

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03/08/13
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  • 23

    Oct

SAIC

SAIC

$83.88

-0.46 (-0.55%)

06:03
09/20/19
09/20
06:03
09/20/19
06:03
Initiation
SAIC initiated  »

SAIC initiated with an…

03/08/13
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LDOS

Leidos

$87.37

-0.21 (-0.24%)

06:02
09/20/19
09/20
06:02
09/20/19
06:02
Initiation
Leidos initiated  »

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03/08/13
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CACI

CACI

$224.49

-1.76 (-0.78%)

06:01
09/20/19
09/20
06:01
09/20/19
06:01
Initiation
CACI initiated  »

CACI initiated with an…

03/08/13
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03/08/13
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BAH

Booz Allen

$72.55

0.62 (0.86%)

06:00
09/20/19
09/20
06:00
09/20/19
06:00
Initiation
Booz Allen initiated  »

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03/08/13
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03/06/13
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03/06/13
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  • 27

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  • 01

    Nov

GIB

CGI Group

$78.68

0.83 (1.07%)

05:58
09/20/19
09/20
05:58
09/20/19
05:58
Initiation
CGI Group initiated  »

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03/08/13
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03/06/13
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03/06/13
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ACN

Accenture

$194.77

0.66 (0.34%)

05:57
09/20/19
09/20
05:57
09/20/19
05:57
Initiation
Accenture initiated  »

Accenture initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 26

    Sep

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    Oct

COST

Costco

$287.80

-4.67 (-1.60%)

05:55
09/20/19
09/20
05:55
09/20/19
05:55
Upgrade
Costco rating change  »

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03/08/13
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03/08/13
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03/06/13
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  • 03

    Oct

NXST

Nexstar

$102.01

-1.18 (-1.14%)

, TRCO

Tribune Media

$46.66

(0.00%)

05:43
09/20/19
09/20
05:43
09/20/19
05:43
Conference/Events
Nexstar to host conference call »

Conference call to…

NXST

Nexstar

$102.01

-1.18 (-1.14%)

TRCO

Tribune Media

$46.66

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 20

    Sep

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  • 13

    Nov

SMTX

SMTC Corp.

$2.96

0.16 (5.71%)

05:35
09/20/19
09/20
05:35
09/20/19
05:35
Conference/Events
SMTC Corp. to host conference call »

Conference call to…

03/08/13
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  • 20

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  • 12

    Nov

ENLAY

Enel

$0.00

(0.00%)

05:32
09/20/19
09/20
05:32
09/20/19
05:32
Upgrade
Enel rating change  »

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SNV

Synovus

$36.17

-1.075 (-2.89%)

05:31
09/20/19
09/20
05:31
09/20/19
05:31
Downgrade
Synovus rating change  »

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  • 23

    Sep

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    Nov

W

Wayfair

$128.67

-3.065 (-2.33%)

05:29
09/20/19
09/20
05:29
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05:29
Initiation
Wayfair initiated  »

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XYL

Xylem

$77.99

-0.41 (-0.52%)

05:29
09/20/19
09/20
05:29
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05:29
Initiation
Xylem initiated  »

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  • 23

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    Oct

PRDSY

Prada

$0.00

(0.00%)

05:28
09/20/19
09/20
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05:28
Downgrade
Prada rating change  »

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BURBY

Burberry

$0.00

(0.00%)

05:27
09/20/19
09/20
05:27
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05:27
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JSAIY

J Sainsbury

$0.00

(0.00%)

05:26
09/20/19
09/20
05:26
09/20/19
05:26
Upgrade
J Sainsbury rating change  »

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FCX

Freeport McMoRan

$10.45

0.095 (0.92%)

05:25
09/20/19
09/20
05:25
09/20/19
05:25
Initiation
Freeport McMoRan initiated  »

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  • 23

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ANFGY

Antofagasta

$0.00

(0.00%)

05:23
09/20/19
09/20
05:23
09/20/19
05:23
Downgrade
Antofagasta rating change  »

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ATRC

AtriCure

$26.02

0.22 (0.85%)

05:21
09/20/19
09/20
05:21
09/20/19
05:21
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STIM

Neuronetics

$10.50

-0.54 (-4.89%)

05:19
09/20/19
09/20
05:19
09/20/19
05:19
Recommendations
Neuronetics analyst commentary  »

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