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CGC

Canopy Growth

$26.74

-1.36 (-4.84%)

10:25
08/19/19
08/19
10:25
08/19/19
10:25

Canopy Growth call volume above normal and directionally bullish

Bullish option flow detected in Canopy Growth with 12,168 calls trading, 2x expected, and implied vol increasing over 1 point to 61.99%. Jan-20 35 calls and 8/23 weekly 27 puts are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 14th.

CGC Canopy Growth
$26.74

-1.36 (-4.84%)

07/17/19
LTCO
07/17/19
INITIATION
Target $18
LTCO
Buy
Acreage Holdings initiated with a Buy at Ladenburg
Ladenburg Thalmann analyst Glenn Mattson started Acreage Holdings (ACRGF) with a Buy rating and $18 price target. Within the cannabis space, the analyst favors Canadian companies who are focused on long-term value creation and gaining market share as well as those with a well-defined plan for potentially entering the U.S. market. He initiated coverage on the cannabis space with a "bullish long-term outlook." Acreage has a "solid position" in the most attractive areas of the U.S., Mattson tells investors in a research note. Further, the company trades at a "significant discount" to the implied conversion from the proposed Canopy Growth (CGC) transaction, which will execute upon federal legalization of cannabis in the U.S., the analyst ads.
08/16/19
PIPR
08/16/19
NO CHANGE
Target $49
PIPR
Overweight
Canopy Growth price target lowered to $49 from $54 at Piper Jaffray
Piper Jaffray analyst Michael Lavery lowered his price target for Canopy Growth to $49 from $54 citing his updated enterprise value and sales estimates. Derivative product sales, like vapes, edibles, are expected to begin in January, but Canopy could possibly record sales in December if it ships products to retailers ahead of the holidays, Lavery tells investors in a research note. He expects these to allow the legal market to compete more effectively with illicit trade and views the rollout as a catalyst for Canopy Growth. The analyst maintains an Overweight rating on the shares. Lavery expects the company's cash flows to improve over the next two years.
08/16/19
STFL
08/16/19
NO CHANGE
STFL
Buy
Canopy Growth price target lowered to C$44 from C$50 at Stifel
Stifel analyst W. Andrew Carter called Canopy Growth's Q1 earnings report "underwhelming" and he believes the 14.5% post-earnings pullback reflects both disappointment in the company's performance and little confidence in the company's outlook. He cut his price target on Canopy shares to C$44 from C$50 to reflect the near-term headwinds being faced, but he still sees sales and gross margins sequentially strengthening through the fiscal year and keeps a Buy rating on the stock.
08/16/19
BNCH
08/16/19
NO CHANGE
BNCH
Buy
Canopy Growth price target lowered to C$60 from C$100 at Benchmark
Benchmark analyst Mike Hickey noted that Canopy Growth reported "disappointing" Q1 sales and continued to struggle with profitability and he suspects investors are now favoring disciplined growth and a path to profitability as the global cannabis market has not been achieving the presumed near-term growth. He noted, though, that Canopy realized an "enormous" harvest in Q1, which leads Hickey to anticipate near-term performance trends will improve. The analyst, who also points to Canadian legalization of new cannabis product categories and the U.S. CBD market as upcoming catalysts, keeps a Buy rating on Canopy shares but lowered his price target on the stock to C$60 from C$100.

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CBSH

Commerce Bancshares

$61.42

0.09 (0.15%)

13:02
09/16/19
09/16
13:02
09/16/19
13:02
Initiation
Commerce Bancshares initiated  »

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WMS

Advanced Drainage

$33.09

0.86 (2.67%)

, ITCI

Intra-Cellular

$9.99

0.05 (0.50%)

13:02
09/16/19
09/16
13:02
09/16/19
13:02
On The Fly
Fly Insider: Advanced Drainage, Merit among week's notable insider trades »

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WMS

Advanced Drainage

$33.09

0.86 (2.67%)

ITCI

Intra-Cellular

$9.99

0.05 (0.50%)

LAND

Gladstone Land

$12.00

0.0745 (0.62%)

PRU

Prudential

$88.52

-1.33 (-1.48%)

ACHC

Acadia

$32.37

0.385 (1.20%)

ZAYO

Zayo Group

$33.82

(0.00%)

AMPH

Amphastar

$21.79

0.27 (1.25%)

PH

Parker-Hannifin

$178.30

-3.89 (-2.14%)

MMSI

Merit Medical

$27.74

0.09 (0.33%)

FCNCA

First Citizens

$481.53

1.58 (0.33%)

03/08/13
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XLF

Financial Select Sector

$28.26

-0.24 (-0.84%)

13:00
09/16/19
09/16
13:00
09/16/19
13:00
Options
Put spread swap in Financial Sector ETF totals 160K contracts »

Put spread swap in…

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UMBF

UMB Financial

$66.71

-0.25 (-0.37%)

13:00
09/16/19
09/16
13:00
09/16/19
13:00
Initiation
UMB Financial initiated  »

UMB Financial assumed…

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  • 17

    Sep

CL

Colgate-Palmolive

$69.11

-1.57 (-2.22%)

12:55
09/16/19
09/16
12:55
09/16/19
12:55
Options
Colgate Palmolive put volume heavy and directionally bearish »

Bearish flow noted in…

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CHD

Church & Dwight

$71.77

-0.25 (-0.35%)

12:53
09/16/19
09/16
12:53
09/16/19
12:53
Hot Stocks
Church & Dwight CEO buys 7,000 shares »

Church & Dwight…

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ED

Consolidated Edison

$89.88

0.05 (0.06%)

12:51
09/16/19
09/16
12:51
09/16/19
12:51
Hot Stocks
Con Edison challenges repeal of Clean Power Plan »

Con Edison, as part of a…

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  • 10

    Nov

IBOC

International Bancshares

$39.74

0.165 (0.42%)

12:50
09/16/19
09/16
12:50
09/16/19
12:50
Hot Stocks
International Bancshares increases dividend 10% to 55c per share »

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COMM

CommScope

$13.11

1.02 (8.44%)

12:46
09/16/19
09/16
12:46
09/16/19
12:46
Hot Stocks
CommScope reports FCC approves spectrum access system for deployment »

CommScope announced that…

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  • 23

    Sep

12:45
09/16/19
09/16
12:45
09/16/19
12:45
General news
FOMC Checklist: »

FOMC Checklist: The FOMC…

OMVKY

OMV AG

$0.00

(0.00%)

12:41
09/16/19
09/16
12:41
09/16/19
12:41
Initiation
OMV AG initiated  »

OMV AG resumed with an…

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NFLX

Netflix

$291.23

-2.77 (-0.94%)

, SNE

Sony

$59.78

-0.59 (-0.98%)

12:40
09/16/19
09/16
12:40
09/16/19
12:40
Periodicals
Netflix lands global streaming rights to 'Seinfeld,' L.A. Times reports »

Netflix (NFLX) has struck…

NFLX

Netflix

$291.23

-2.77 (-0.94%)

SNE

Sony

$59.78

-0.59 (-0.98%)

03/08/13
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  • 23

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    Oct

  • 16

    Oct

WPX

WPX Energy

$12.10

1.12 (10.20%)

12:40
09/16/19
09/16
12:40
09/16/19
12:40
Options
10% rise in shares prompts ratio roll up in WPX Energy »

10% rise in shares…

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E

Eni SpA

$31.43

0.42 (1.35%)

12:39
09/16/19
09/16
12:39
09/16/19
12:39
Initiation
Eni SpA initiated  »

Eni SpA resumed with an…

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BBBY

Bed Bath & Beyond

$10.40

-0.12 (-1.14%)

12:35
09/16/19
09/16
12:35
09/16/19
12:35
Options
Bed Bath & Beyond put volume heavy and directionally bearish »

Bearish flow noted in Bed…

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GS

Goldman Sachs

$216.86

-3.13 (-1.42%)

12:33
09/16/19
09/16
12:33
09/16/19
12:33
Periodicals
Goldman Sachs chief risk officer Vince to retire at end of year, Reuters says »

Goldman Sachs said that…

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BA

Boeing

$379.03

-0.84 (-0.22%)

12:32
09/16/19
09/16
12:32
09/16/19
12:32
Hot Stocks
Boeing to sell Inventory Locator Service to Hearst's CAMP Systems »

Boeing has signed an…

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  • 02

    Oct

LMT

Lockheed Martin

$390.15

5.43 (1.41%)

12:27
09/16/19
09/16
12:27
09/16/19
12:27
Periodicals
Greg Ulmer to temporarily run Lockheed aeronautics division, Reuters reports »

Greg Ulmer, head of…

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CRC

California Resources

$14.85

3.03 (25.63%)

12:25
09/16/19
09/16
12:25
09/16/19
12:25
Options
California Resources call volume above normal and directionally bullish »

Bullish option flow…

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ICAD

iCAD

$7.09

0.19 (2.75%)

12:25
09/16/19
09/16
12:25
09/16/19
12:25
Conference/Events
iCAD to host investor meeting »

Investor meeting to be…

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  • 16

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CNHI

CNH Industrial

$11.19

-0.01 (-0.09%)

12:21
09/16/19
09/16
12:21
09/16/19
12:21
Periodicals
Elliott builds stake in CNH, sees value in breakup, Bloomberg reports »

Paul Singer's…

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CHE

Chemed

$421.82

0.32 (0.08%)

12:19
09/16/19
09/16
12:19
09/16/19
12:19
Hot Stocks
Chemed subsidiary acquires franchise operater for $120M »

Roto-Rooter Services…

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    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
09/16/19
09/16
12:17
09/16/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
09/16/19
09/16
12:16
09/16/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is above average…

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ADNT

Adient

$24.79

-0.32 (-1.27%)

12:15
09/16/19
09/16
12:15
09/16/19
12:15
Options
Adient put volume heavy and directionally bearish »

Bearish flow noted in…

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03/06/13
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  • 23

    Sep

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