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MSFT

Microsoft

$135.53

-0.2 (-0.15%)

, AMZN

Amazon.com

$1,764.02

2.31 (0.13%)

07:44
08/29/19
08/29
07:44
08/29/19
07:44

Microsoft cloud momentum should continue, says Wedbush

Wedbush analyst Daniel Ives believes Microsoft (MSFT) remains in an enviable position heading into the rest of 2019 and 2020 on the heels of its cloud success and is firing on all cylinders around its Office 365 and Azure strategic vision based on his recent checks. So far in the September quarter, the analyst is seeing a clear acceleration of larger and more strategic enterprise cloud deals as he believes "Redmond is poised to win the lion's share of the next phase of cloud deployments vs. Amazon [AMZN] and Bezos." The shift to cloud is a major secular trend that is "significantly benefiting" Microsoft in the field and should continue its momentum heading into the next 12-18 months, he contends. Ives reiterates an Outperform rating and a $160 price target on Microsoft's shares.

MSFT

Microsoft

$135.53

-0.2 (-0.15%)

AMZN

Amazon.com

$1,764.02

2.31 (0.13%)

  • 04

    Sep

  • 10

    Sep

  • 27

    Oct

MSFT Microsoft
$135.53

-0.2 (-0.15%)

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.
08/19/19
RBCM
08/19/19
NO CHANGE
Target $210
RBCM
Outperform
VMware to deliver 'solid' Q2 results, says RBC Capital
RBC Capital analyst Matthew Hedberg kept his Outperform rating and $210 price target on VMWare (VMW) ahead of its Q2 results this week. The analyst expects a "solid" quarter of results driven by the "diversity" of its business in spite of the "mixed" industry sentiment and the "general weakness" from the company's infrastructure software peers. Hedberg further cites the findings of his reseller survey about the demand environment, which he sees as "generally above" FY19 averages amid continued optimism around VMWare's Amazon AWS (AMZN) and Microsoft Azure (MSFT) partnerships.
08/22/19
08/22/19
INITIATION
Target $40

Buy
Slack Technologies initiated with a Buy at MKM Partners
As previously reported, MKM Partners analyst Rohit Kulkarni initiated Slack (WORK) with a Buy rating and a price target of $40. The analyst is positive on the company's evolution into a "central repository of information" around corporate workflows such as sales, customer service, recruiting, and accounting, saying its value proposition is "even more compelling" as a tool to "connect employees, applications, and data." While he sees Microsoft (MSFT) as a primary competitive threat to Slack in the coming years, he sees the probability of a "winner take most" scenario in enterprise collaboration software market as low.
08/26/19
KEYB
08/26/19
NO CHANGE
Target $130
KEYB
Overweight
Xilinx price target lowered to $130 from $140 at KeyBanc
KeyBanc analyst John Vinh lowered his price target for Xilinx (XLNX) to $130 from $140 as he believes the launch of Microsoft's (MSFT) FPGA-as-a-Service has been postponed from Q4 to early next year due to the availability of a key software-related feature. The analyst expects Microsoft's FaaS to preview by the end of this year and go live early next year. While Vinh still believes Microsoft represents a significant opportunity longer term, he sees risk to 2020 estimates and to DCG expectations for 60% growth. Nonetheless, he reiterates an Overweight rating on Xilinx shares given long-term secular growth opportunities in 5G and Data Center.
AMZN Amazon.com
$1,764.02

2.31 (0.13%)

08/14/19
RBCM
08/14/19
UPGRADE
Target $112
RBCM
Outperform
Elastic upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital analyst Matt Hedberg upgraded Elastic (ESTC) to Outperform and raised his price target to $112 from $94, saying that the company has now reported two strong quarters even though the stock has traded range-bound based on concerns around billings growth and the competition from Amazon's (AMZN) AWS. The analyst adds that his recent bus tour with the management has increased his confidence on his original bullish thesis on Elastic, and he sees the company continuing its "strong execution with an upward bias to estimates."
08/21/19
FBCO
08/21/19
NO CHANGE
Target $51
FBCO
Neutral
Kohl's price target lowered to $51 from $57 at Credit Suisse
Credit Suisse analyst Michael Binetti lowered his price target for Kohl's (KSS) to $51 from $57 following a mix Q2. While the analyst notes that Amazon (AMZN) comments don't offer much for bull case, he believes Amazon awareness should build as Kohl's ramps marketing and as consumers start trafficking stores during back-to-school. He reiterates a Neutral rating on Kohl's shares.
08/27/19
SBSH
08/27/19
UPGRADE
Target $184
SBSH
Buy
Citi upgrades new top pick MongoDB to Buy, boosts target to $184
Citi analyst Tyler Radke upgraded MongoDB (MDB) to Buy from Neutral and raised his price target for the shares to $184 from $162. The stock closed Monday up 5%, or $7.28, to $146.65. The shares have lagged high-growth peers the last six months on concerns around sustainability of growth, Radke tells investors in a research note. The analyst views the concerns as overdone, and says recent customer/partner checks point to signs of enterprise "Mongo standardization" and Atlas adoption within the enterprise. Further, MongoDB's developer traction is continuing to grow, which bodes well for the stock's near-term setup amid "very conservative" consensus estimates, adds the analyst. While threats from cloud providers and Amazon Web Services (AMZN) is still a risk, continued success of Atlas and standardization as "general purpose DB" makes an existential threat increasingly less likely, says Radke, who calls MongoDB his new top pick.

TODAY'S FREE FLY STORIES

CCB

Coastal Financial

$17.29

-0.18 (-1.03%)

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SLM

Sallie Mae

$9.09

0.25 (2.83%)

, TER

Teradyne

$73.57

2.04 (2.85%)

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Sallie Mae

$9.09

0.25 (2.83%)

TER

Teradyne

$73.57

2.04 (2.85%)

PTC

PTC

$80.06

1.13 (1.43%)

STLD

Steel Dynamics

$32.02

0.11 (0.34%)

CTXS

Citrix

$119.16

1.37 (1.16%)

PAYC

Paycom

$303.73

3.96 (1.32%)

FUL

H.B. Fuller

$49.18

0.095 (0.19%)

TXN

Texas Instruments

$133.38

2.53 (1.93%)

IMGN

ImmunoGen

$4.67

-0.04 (-0.85%)

XENE

Xenon Pharmaceuticals

$16.84

0.15 (0.90%)

AVNW

Aviat Networks

$14.70

0.09 (0.62%)

03/08/13
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    Feb

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    Feb

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    Jan

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    Jan

TTPH

Tetraphase

$3.84

0.97 (33.80%)

18:50
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18:50
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18:50
Syndicate
Tetraphase announces $17.5M of financings priced at-the-market »

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SJM

J.M. Smucker

$107.00

-0.77 (-0.71%)

18:39
01/22/20
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18:39
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18:39
Initiation
J.M. Smucker initiated  »

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  • 17

    Feb

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MYGN

Myriad Genetics

$28.71

0.34 (1.20%)

18:37
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Hot Stocks
Myriad Genetics submits sPMA application to FDA for myChoice CDx test »

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  • 13

    Feb

HSY

Hershey

$152.45

-0.355 (-0.23%)

18:36
01/22/20
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Initiation
Hershey initiated  »

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  • 30

    Jan

DCPH

Deciphera

$66.79

0.2 (0.30%)

18:32
01/22/20
01/22
18:32
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18:32
Recommendations
Deciphera analyst commentary  »

Piper Sandler says…

03/08/13
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BGS

B&G Foods

$16.25

0.195 (1.21%)

18:28
01/22/20
01/22
18:28
01/22/20
18:28
Initiation
B&G Foods initiated  »

B&G Foods initiated…

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CVGW

Calavo Growers

$80.49

0.23 (0.29%)

18:25
01/22/20
01/22
18:25
01/22/20
18:25
Initiation
Calavo Growers initiated  »

Calavo Growers initiated…

03/08/13
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03/08/13
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03/06/13
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LW

Lamb Weston

$91.19

0.01 (0.01%)

18:21
01/22/20
01/22
18:21
01/22/20
18:21
Initiation
Lamb Weston initiated  »

Lamb Weston assumed with…

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  • 29

    Jan

FLO

Flowers Foods

$21.75

-0.27 (-1.23%)

18:18
01/22/20
01/22
18:18
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18:18
Initiation
Flowers Foods initiated  »

Flowers Foods initiated…

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K

Kellogg

$70.25

-0.32 (-0.45%)

18:15
01/22/20
01/22
18:15
01/22/20
18:15
Initiation
Kellogg initiated  »

Kellogg initiated with a…

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  • 06

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GIS

General Mills

$53.97

-0.37 (-0.68%)

, WMT

Walmart

$116.10

0.53 (0.46%)

18:12
01/22/20
01/22
18:12
01/22/20
18:12
Initiation
General Mills, Walmart, Kellogg initiated  »

General Mills initiated…

GIS

General Mills

$53.97

-0.37 (-0.68%)

WMT

Walmart

$116.10

0.53 (0.46%)

K

Kellogg

$70.25

-0.32 (-0.45%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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JJSF

J & J Snack Foods

$183.94

-0.28 (-0.15%)

18:07
01/22/20
01/22
18:07
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18:07
Initiation
J & J Snack Foods initiated  »

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  • 28

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THS

TreeHouse

$46.83

-0.085 (-0.18%)

18:04
01/22/20
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18:04
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Initiation
TreeHouse initiated  »

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  • 13

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HBM

Hudbay Minerals

$3.41

-0.12 (-3.40%)

18:03
01/22/20
01/22
18:03
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18:03
Upgrade
Hudbay Minerals rating change  »

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  • 22

    Jan

TRQ

Turquoise Hill

$0.68

-0.0221 (-3.15%)

18:02
01/22/20
01/22
18:02
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18:02
Upgrade
Turquoise Hill rating change  »

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  • 22

    Jan

STLD

Steel Dynamics

$32.02

0.11 (0.34%)

18:02
01/22/20
01/22
18:02
01/22/20
18:02
Earnings
Steel Dynamics CEO says company 'constructive' regarding NA steel market »

"Based on domestic…

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  • 23

    Jan

STLD

Steel Dynamics

$32.02

0.11 (0.34%)

18:01
01/22/20
01/22
18:01
01/22/20
18:01
Earnings
Steel Dynamics reports Q4 adjusted EPS 62c, consensus 55c »

Reports Q4 revenue $2.4B,…

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  • 23

    Jan

SQ

Square

$68.74

0.42 (0.61%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

17:59
01/22/20
01/22
17:59
01/22/20
17:59
Hot Stocks
Square introduces Lightning Development Kit tools for Bitcoin wallet developers »

The Square Crypto team…

SQ

Square

$68.74

0.42 (0.61%)

BITCOIN

Bitcoin

$0.00

(0.00%)

GBTC

Bitcoin Investment Trust

$0.00

(0.00%)

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  • 26

    Feb

NVCR

Novocure

$94.80

-0.83 (-0.87%)

17:59
01/22/20
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Hot Stocks
NovoCure chairman sells 133,777 ordinary shares »

In a regulatory filing,…

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  • 27

    Feb

KHC

Kraft Heinz

$30.65

-0.37 (-1.19%)

17:52
01/22/20
01/22
17:52
01/22/20
17:52
Initiation
Kraft Heinz initiated  »

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SQ

Square

$68.74

0.42 (0.61%)

17:50
01/22/20
01/22
17:50
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17:50
Periodicals
Square wins U.S patent for crypto-to-fiat payments network, Coindesk says »

Paddy Baker of Coindesk,…

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  • 26

    Feb

QCRH

QCR Holdings

$41.92

0.13 (0.31%)

17:50
01/22/20
01/22
17:50
01/22/20
17:50
Hot Stocks
Breaking Hot Stocks news story on QCR Holdings »

QCR Holdings higher by…

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  • 23

    Jan

CPB

Campbell Soup

$48.56

-0.01 (-0.02%)

17:48
01/22/20
01/22
17:48
01/22/20
17:48
Initiation
Campbell Soup initiated  »

Campbell Soup initiated…

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