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MSFT

Microsoft

$136.13

2.39 (1.79%)

, NVDA

Nvidia

$159.48

10.64 (7.15%)

07:16
08/19/19
08/19
07:16
08/19/19
07:16

Microsoft to utilize Nvidia ray tracing technology for Minecraft, Reuters says

Microsoft (MSFT) will now use Nvidia's (NVDA) ray tracing technology to provide Minecraft players with more realistic graphics on computers, Sayanti Chakraborty and Munsif Vengattil of Reuters reported. Real-time ray tracing, a rendering technique for creating an image by tracing the path of light as pixels in an image plane while simulating the effects of its encounters with virtual objects, helps graphics realistically resemble shadows and reflections in the real world. In May, Microsoft said 176M versions of Minecraft have been sold since its launch. Reference Link

MSFT

Microsoft

$136.13

2.39 (1.79%)

NVDA

Nvidia

$159.48

10.64 (7.15%)

  • 19

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    Aug

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    Oct

MSFT Microsoft
$136.13

2.39 (1.79%)

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).
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.
07/26/19
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.
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.
NVDA Nvidia
$159.48

10.64 (7.15%)

08/16/19
MSCO
08/16/19
NO CHANGE
Target $180
MSCO
Equal Weight
Nvidia earnings recovery should continue, says Morgan Stanley
Morgan Stanley analyst Joseph Moore attributes the sharp recovery in Nvidia's gross margins for the unexpected EPS beat in the October quarter. Gaming earnings look materially higher going forward and the company's earnings recovery should continue, said Moore, but he thinks that while gaming drives earnings for the most part, HPC and Cloud/Data Center are the key driver of the multiple. The analyst, who still isn't seeing clarity on when there will be an inflection in data center, keeps an Equal Weight rating on Nvidia shares, but raised his price target on the stock to $180 from $170 as he raised his estimates, mostly due to gross margin and bringing down opex assumptions.
08/16/19
RHCO
08/16/19
NO CHANGE
Target $210
RHCO
Buy
SunTrust increasingly optimistic about Nvidia data center recovery
SunTrust analyst William Stein kept his Buy rating and $210 price target on Nvidia after its "solid" Q2 results, saying that its improved margins helped offset the weak hyperscale revenue. The analyst believes however that Q3 and Q4 will see acceleration in its "lone near-term problem" Data Center segment amid improving inventory trends. Stein maintains his long term bullish thesis on Nvidia and its "superior" positioning in gaming, server business acceleration driven by AI, and autonomous driving potential.
08/16/19
CHLM
08/16/19
NO CHANGE
Target $170
CHLM
Hold
Nvidia price target raised to $170 from $165 at Craig-Hallum
Craig-Hallum analyst Richard Shannon maintained a Hold rating on Nvidia but bumped his price target to $170 from $165 following the company's Q2 beat and largely in-line Q3 guidance. In a research note to investors, Shannon says Nvidia's growth may struggle to get to 20% in the near term given Data Center, and with the stock trading at 27x FY20 EV/EPS, it is too rich given the geopolitical and macro risks.
08/16/19
NEED
08/16/19
NO CHANGE
NEED
Underperform
Needham remains cautious on Nvidia's near-term data center business
Needham analyst Rajvindra Gill keeps his Underperform rating on Nvidia after its Q2 results, saying that while the quarter topped earnings and revenue consensus thanks to the strong growth in gaming, expectations for the company's data center business remained "mixed". The analyst notes that the segment still experiences strength in external hyperscaler cloud demand, but internal hyperscaler demand remains muted. Gill adds that the data center business is set to gain from secular growth drivers longer term, but he is concerned by the near term potential amid limited visibility and increased macro uncertainty.

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FDX

FedEx

$173.53

-0.14 (-0.08%)

07:21
09/18/19
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07:21
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SU

Suncor

$32.14

-0.31 (-0.96%)

07:21
09/18/19
09/18
07:21
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07:21
Conference/Events
Suncor management to meet with Morgan Stanley »

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NERV

Minerva

$8.09

-0.03 (-0.37%)

07:20
09/18/19
09/18
07:20
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07:20
Initiation
Minerva initiated  »

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ZBH

Zimmer Biomet

$138.86

1.25 (0.91%)

07:20
09/18/19
09/18
07:20
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07:20
Upgrade
Zimmer Biomet rating change  »

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General news
FX Update: The dollar traded moderately firmer »

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FDX

FedEx

07:19
09/18/19
09/18
07:19
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07:19
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  • 23

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MTDR

Matador

$17.10

-1.8 (-9.52%)

07:19
09/18/19
09/18
07:19
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07:19
Initiation
Matador initiated  »

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CBAY

CymaBay

$5.86

-0.02 (-0.34%)

07:17
09/18/19
09/18
07:17
09/18/19
07:17
Recommendations
CymaBay analyst commentary  »

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  • 23

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BYSI

BeyondSpring

$19.60

-0.21 (-1.06%)

07:14
09/18/19
09/18
07:14
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07:14
Hot Stocks
BeyondSpring expects to submit NDAs for Plinabulin in U.S. in 2020 »

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  • 18

    Sep

STAG

STAG Industrial

$29.71

-0.055 (-0.18%)

07:14
09/18/19
09/18
07:14
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07:14
Conference/Events
STAG Industrial management to meet with RBC Capital »

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  • 19

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NBY

NovaBay

$0.53

0.0089 (1.72%)

07:13
09/18/19
09/18
07:13
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07:13
Initiation
NovaBay initiated  »

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  • 24

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    Oct

LECO

Lincoln Electric

$89.48

0.38 (0.43%)

07:13
09/18/19
09/18
07:13
09/18/19
07:13
Downgrade
Lincoln Electric rating change  »

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SCSC

Scansource

$30.64

-0.6 (-1.92%)

07:12
09/18/19
09/18
07:12
09/18/19
07:12
Conference/Events
Scansource management to meet with Northcoast »

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  • 19

    Sep

BYSI

BeyondSpring

$19.60

-0.21 (-1.06%)

07:12
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Hot Stocks
BeyondSpring sees sufficient cash to submit NDAs in China for Plinabulin »

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  • 18

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FDX

FedEx

$173.53

-0.14 (-0.08%)

07:11
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09/18
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07:11
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FedEx analyst commentary  »

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    Dec

BYSI

BeyondSpring

$19.60

-0.21 (-1.06%)

07:11
09/18/19
09/18
07:11
09/18/19
07:11
Earnings
BeyondSpring reports Q2 EPS (32c), one est. (27c) »

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  • 18

    Sep

SBAC

SBA Communications

$252.94

6.55 (2.66%)

07:10
09/18/19
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07:10
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07:10
Conference/Events
SBA Communications management to meet with RBC Capital »

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  • 19

    Sep

ADBE

Adobe

$284.59

1.54 (0.54%)

07:09
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  • 23

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WLTW

Willis Towers Watson

$198.60

3.52 (1.80%)

07:08
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Willis Research Network partners with Mitiga Solutions on aviation initiative »

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  • 12

    Nov

PM

Philip Morris

$71.98

-0.54 (-0.74%)

, MO

Altria Group

$41.31

-0.1 (-0.24%)

07:08
09/18/19
09/18
07:08
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07:08
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Philip Morris, Altria Group analyst commentary  »

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PM

Philip Morris

$71.98

-0.54 (-0.74%)

MO

Altria Group

$41.31

-0.1 (-0.24%)

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ROKU

Roku

$150.43

0.86 (0.57%)

07:08
09/18/19
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RUBI

Rubicon Project

$9.41

0.24 (2.62%)

07:07
09/18/19
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07:07
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07:07
Conference/Events
Rubicon Project management to meet with B. Riley FBR »

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GIS

General Mills

$55.03

0.48 (0.88%)

07:07
09/18/19
09/18
07:07
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07:07
Earnings
General Mills backs FY20 adj. EPS growth guidance of 3%-5% »

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  • 18

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PLUG

Plug Power

$2.72

-0.04 (-1.45%)

07:07
09/18/19
09/18
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07:07
Hot Stocks
Plug Power announces hydrogen supply agreement with United Hydrogen »

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  • 18

    Sep

REXR

Rexford Industrial

$44.50

0.01 (0.02%)

07:07
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Hot Stocks
Rexford Industrial acquires industrial park for $66.2M »

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