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ATUS

Altice USA

$29.51

0.12 (0.41%)

, AMZN

Amazon.com

$1,810.00

-27.49 (-1.50%)

10:01
09/16/19
09/16
10:01
09/16/19
10:01

Altice USA to launch Amazon Prime Video on Altice One

Altice USA (ATUS) and Amazon (AMZN) announce plans to launch Amazon Prime Video on the Altice One entertainment and connectivity platform, providing access to the entire Prime Video catalog, including Amazon Originals like 2019 Emmy-winning The Marvelous Mrs. Maisel, Emmy-winning Fleabag and Emmy-nominated Tom Clancy's Jack Ryan and new releases Carnival Row, Undone and Late Night to Altice's Optimum and Suddenlink customers across the country. Altice One is a platform that combines 4K video, high-speed broadband, WiFi, and voice capabilities into a compact home hub with a personalized user interface, integrated access to streaming apps, and advanced search via a Bluetooth voice-activated remote control. This is the second innovative collaboration between Amazon and Altice USA; the two companies recently partnered on Altice Amplify, an intelligent home speaker that features high-fidelity audio from sound leader Devialet and Amazon Alexa Built-in for smart home control, including control of Altice One.

ATUS

Altice USA

$29.51

0.12 (0.41%)

AMZN

Amazon.com

$1,810.00

-27.49 (-1.50%)

  • 23

    Sep

  • 27

    Oct

ATUS Altice USA
$29.51

0.12 (0.41%)

08/27/19
WELS
08/27/19
INITIATION
Target $35
WELS
Outperform
Altice USA resumed with an Outperform at Wells Fargo
Wells Fargo analyst Jennifer Fritzsche resumed coverage of Altice USA with an Outperform rating and $35 price target. Despite its smaller scale versus its two primary cable peers, Altice has a "unique" fiber-to-the-home strategy and it maintains the leading EBITDA margins and lowest capital intensity ratio of its peers, contends Fritzsche. The analyst resumed coverage of the cable multiple system operator sector with an Overweight rating. Cable is best positioned in the near-term to capitalize on customer demand for bandwidth and speed with the broadband pipe, with a significant advantage versus telcos in terms of network speed, Fritzsche tells investors in a research note.
09/09/19
BNCH
09/09/19
INITIATION
Target $35
BNCH
Buy
Altice USA initiated with a Buy at Benchmark
Benchmark analyst Matthew Harrigan started Altice USA with a Buy rating and $35 price target, which implies 19% upside. The company's fiber-to-the-Home network upgrade, recent mobile launch, and advanced national advertising products provide "key differentiators" relative to other U.S. cable operators, says the analyst.
09/09/19
09/09/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. CrossFirst Bancshares (CFB) initiated with an Outperform at Keefe Bruyette and a Market Perform at Raymond James. 2. Murphy Oil (MUR) initiated with an Overweight at KeyBanc. 3. resTORbio (TORC) initiated with an Overweight at Cantor Fitzgerald while Adamas Pharmaceuticals (ADMS) was initiated with a Neutral. 4. Altice USA (ATUS) initiated with a Buy at Benchmark. 5. Perficient (PRFT) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/11/19
NOMU
09/11/19
NO CHANGE
Target $42
NOMU
Buy
Altice USA price target raised to $42 from $35 at Nomura Instinet
Nomura Instinet analyst Gregory McNiff raised his price target for Altice USA to $42 from $35 and keeps a Buy rating on the shares. Altice Mobile represents the latest step in the company's plan to emerge as a key player in the inevitable cable and wireless convergence, McNiff tells investors in a research note. After meeting with management, the analyst raised his fiscal 2020 estimates to the high-end of consensus primarily on contributions from Altice Mobile and the advertising business. Further, he believes Altice USA's fiber strategy will drive significant free cash flow per share growth over the longer term. This is not reflected in the share price, says McNiff.
AMZN Amazon.com
$1,810.00

-27.49 (-1.50%)

09/10/19
GSCO
09/10/19
NO CHANGE
Target $713
GSCO
Buy
MercadoLibre likely to slip on Amazon prime launch in Brazil, says Goldman Sachs
Goldman Sachs analyst Irma Sgarz said she expects the shares of MercadoLibre (MELI) to react negatively to the announcement from Amazon (AMZN) that it is launching its Amazon Prime membership program in Brazil. The analyst said it is too early to estimate the potential impact on competitive dynamics and noted that MercadoLibre offers broad free shipping coverage for items above BRL 120, which she said covers 63% of items sold in Q2. Sgarz has a Buy rating and $713 price target on MercadoLibre shares.
09/11/19
FBCO
09/11/19
NO CHANGE
FBCO
Netflix head start unlikely dented by Apple TV+, says Credit Suisse
Credit Suisse analyst Douglas Mitchelson notes that his Netflix (NFLX) thesis already presumes increased competition in the future and Apple (AAPL) is noteworthy as it certainly has a "terrific brand and global distribution platform." However, the analyst believes Netflix's 10-year head start, scale, breath of content and customer engagement is unlikely to be dented by an Apple TV+ subscription service with a relatively light content slate and no library content. In fact, Apple TV+ looks more like an HBO (T) or Showtime than a Netflix, Hulu or Amazon Prime (AMZN), he contends, adding that he continues to believe SVOD will not be a zero sum game. Lastly, Mitchelson would expect Apple TV+ would more likely displace a runner-up than the leader.
09/11/19
JPMS
09/11/19
NO CHANGE
JPMS
Overweight
Apple TV+ pricing a positive catalyst for adoption, says JPMorgan
JPMorgan analyst Samik Chatterjee came out of Apple's (AAPL) event yesterday "largely positive," believing lowered pricing of the iPhone 11 relative to the XR could act as a positive driver for volumes in the entry level premium smartphone segment. Further, the analyst says "favorable pricing" for Apple TV+ and Apple Arcade makes him positive on the potential ramp of the new services. Apple TV+'s monthly subscription price of $4.99 is "quite attractive" relative to competitive services, which should be a positive catalyst for adoption as Apple scales up its original content over time to compete with Netflix (NFLX), Amazon's (AMZN) Prime Video and Disney (DIS), among others, Chatterjee told investors earlier in a research note. He kept an Overweight rating on Apple shares.
09/12/19
JEFF
09/12/19
NO CHANGE
Target $2300
JEFF
Buy
Amazon Prime international growth supports $2,300 target, says Jefferies
Jefferies analyst Brent Thill compared Amazon.com's net sales to various economic indicators and found that North America is closely aligned with unemployment while international is closely aligned with disposable income. North America is more closely aligned with Amazon's own Subscription sales than any economic indicator measured, confirming Prime's importance in driving growth, Thill tells investors in a research note. As such, he sees higher international adoption, where he notes penetration is less than 10%, driving faster segment growth and supporting his $2,300 price target for Amazon shares. The analyst estimates Europe represents ~60% of Amazon's international sales. Thus, a sluggish macro environment in the region could be holding back the company's segment growth, says Thill. He believes Prime would be worth $70B-$120B as a separate entity, representing ~10% of Amazon's current market capitalization. Thill keeps a Buy rating on the name.

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PGR

Progressive

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WORK

Slack Technologies

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NNA

Navios Acquisition

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-2.16 (-20.85%)

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GIL

Gildan Activewear

$27.00

-8.375 (-23.67%)

12:00
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  • 31

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KSU

Kansas City Southern

$143.98

8.65 (6.39%)

12:00
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Kansas City Southern rises 6.3% »

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  • 18

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BORR

Borr Drilling

$6.57

0.53 (8.77%)

12:00
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HEP

Holly Energy Partners

$22.99

1.72 (8.09%)

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Holly Energy Partners rises 8.1% »

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  • 30

    Oct

ORCL

Oracle

$54.72

-0.35 (-0.64%)

11:55
10/18/19
10/18
11:55
10/18/19
11:55
Periodicals
Oracle co-CEO Mark Hurd has died, Reuters reports »

Reuters cites a company…

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DHT

DHT Holdings

$7.19

-0.215 (-2.90%)

11:55
10/18/19
10/18
11:55
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Options
DHT Holdings put volume heavy and directionally bearish »

Bearish flow noted in DHT…

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  • 24

    Oct

CRM

Salesforce

$143.99

-2.18 (-1.49%)

11:55
10/18/19
10/18
11:55
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11:55
Conference/Events
Economic Club of Washington, D.C. to hold luncheon meeting »

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  • 18

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  • 16

    Dec

KO

Coca-Cola

$55.27

1.47 (2.73%)

, AXP

American Express

$118.49

-0.68 (-0.57%)

11:53
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10/18
11:53
10/18/19
11:53
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks have pulled back a…

KO

Coca-Cola

$55.27

1.47 (2.73%)

AXP

American Express

$118.49

-0.68 (-0.57%)

JNJ

Johnson & Johnson

$130.24

-5.96 (-4.38%)

M

Macy's

$15.04

-0.73 (-4.63%)

LB

L Brands

$16.71

-1.39 (-7.68%)

GPS

Gap

$16.65

-0.93 (-5.29%)

DERM

Dermira

$7.41

1.73 (30.46%)

ETFC

E-Trade

$41.22

2.18 (5.58%)

GIL

Gildan Activewear

$27.05

-8.325 (-23.53%)

TEAM

Atlassian

$111.50

-10.93 (-8.93%)

03/08/13
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  • 18

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  • 27

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  • 31

    Oct

  • 13

    Nov

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  • 21

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    Nov

  • 06

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    Dec

11:50
10/18/19
10/18
11:50
10/18/19
11:50
General news
Fed VC Clarida reiterated the economy is in a "good place »

Fed VC Clarida reiterated…

SKX

Skechers

$37.12

-0.02 (-0.05%)

11:45
10/18/19
10/18
11:45
10/18/19
11:45
Options
Skechers call volume above normal and directionally bullish »

Bullish option flow…

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  • 22

    Oct

ATVI

Activision Blizzard

$53.92

-1.68 (-3.02%)

, NTDOY

Nintendo

$0.00

(0.00%)

11:41
10/18/19
10/18
11:41
10/18/19
11:41
Periodicals
Blizzard delays 'WoW' event in Taiwan amid Hong Kong protests, Polygon says »

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ATVI

Activision Blizzard

$53.92

-1.68 (-3.02%)

NTDOY

Nintendo

$0.00

(0.00%)

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  • 18

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KALV

KalVista

$12.16

0.08 (0.66%)

11:36
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Conference/Events
KalVista management to meet with Needham »

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  • 24

    Oct

W

Wayfair

$110.22

-4.41 (-3.85%)

11:35
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11:35
Options
Wayfair put volume heavy and directionally bearish »

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  • 31

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General news
Treasury Action: supply is heavy next week »

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TSLA

Tesla

$259.40

-2.565 (-0.98%)

11:32
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Periodicals
Tesla moves Model 3 deliveries in U.S. amid demand hike elsewhere, Electrek says »

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  • 23

    Oct

ATHM

Autohome

$84.07

-1.01 (-1.19%)

11:29
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10/18
11:29
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11:29
Downgrade
Autohome rating change  »

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AMSSY

AMS AG

$0.00

(0.00%)

, OSAGY

Osram

$0.00

(0.00%)

11:26
10/18/19
10/18
11:26
10/18/19
11:26
Hot Stocks
AMS AG to launch new EUR41 per share takeover offer for Osram »

ams AG (AMSSY) announces…

AMSSY

AMS AG

$0.00

(0.00%)

OSAGY

Osram

$0.00

(0.00%)

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  • 22

    Oct

ENPH

Enphase Energy

$25.16

0.07 (0.28%)

11:25
10/18/19
10/18
11:25
10/18/19
11:25
Options
Enphase Energy call volume above normal and directionally bullish »

Bullish option flow…

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  • 29

    Oct

11:25
10/18/19
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Conference/Events
Federal Reserve Board of Governors Vice Chairman Clarida speaks on the economy »

Federal Reserve Board of…

OSAGY

Osram

$0.00

(0.00%)

11:22
10/18/19
10/18
11:22
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11:22
Hot Stocks
Osram says Advent, Bain Capital do not plan takeover offer for time being »

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11:20
10/18/19
10/18
11:20
10/18/19
11:20
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
10/18/19
10/18
11:17
10/18/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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