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MU

Micron

$43.21

-5.37 (-11.05%)

, XLNX

Xilinx

$95.98

-1.25 (-1.29%)

09:08
09/30/19
09/30
09:08
09/30/19
09:08

Micron works with Xilinx for configuration performance of Versal platform

Micron Technology (MU) announced that it is working with Xilinx (XLNX) to boost the boot and dynamic configuration performance of Xilinx's Versal platform, the industry's first adaptive compute acceleration platform. ACAP, a new category of heterogeneous compute devices, will use Micron Xccela flash and other Micron memory solutions to reduce system startup times and increase system responsiveness in automotive, industrial, networking and consumer applications that use artificial intelligence.

MU

Micron

$43.21

-5.37 (-11.05%)

XLNX

Xilinx

$95.98

-1.25 (-1.29%)

  • 23

    Oct

MU Micron
$43.21

-5.37 (-11.05%)

09/27/19
NOMU
09/27/19
NO CHANGE
Target $40
NOMU
Neutral
Micron price target raised to $40 from $32 at Nomura Instinet
Nomura Instinet analyst David Wong raised his price target for Micron Technology to $40 from $32 after the company's August quarter sales were above guidance and November sales guidance was above expectations. However, margin pressures remain, with gross margin expected to fall again in the November quarter, Wong tells investors in a research note. He keeps a Neutral rating on Micron shares.
09/27/19
RSBL
09/27/19
NO CHANGE
Target $80
RSBL
Buy
Rosenblatt ups Micron target to $80 from $60, says buy on today's selloff
Rosenblatt analyst Hans Mosesmann raised his price target for Micron Technology to $80 from $60 and reiterates a Buy rating on the shares following last night's results. The "decent" results indicate the memory semiconductor cycle is entering a recovery phase on depleted inventories at customers, cuts to supply are starting to pan out, and memory content is expanding into newer platforms, Mosesmann tells investors in a research note. The analyst, who admits the gross margin guidance is below expectations, finds it clear that the "cycle has turned." Profit taking the stock aside, Micron is now a stronger company in virtually all aspects of the business, says Mosesmann. He believes investors should be opportunistic on today's weakness in the shares. Micron in premarket trading is down 5%, or $2.60, to $46.00.
09/27/19
MSCO
09/27/19
NO CHANGE
MSCO
Morgan Stanley sees things getting 'more difficult' after Micron earnings miss
Morgan Stanley analyst Joseph Moore maintained an Equal Weight rating and $48 price target on Micron after the company reported its Q4 earnings results. Moore said in a note titled 'Micron Earnings expectations miss; we still see memory weakening next year' that he was "wrong to suggest the stock could trade up short term." He noted that things are likely to get more difficult from here, with limited upside, and added that he remained cautious on the memory cycle.
09/30/19
NOMU
09/30/19
NO CHANGE
NOMU
Nomura Instinet still cautious on semiconductors after Micron report
Micron Technology (MU) last week provided November quarter guidance for a 37% year-over-year decline in sales and a further drop in gross margin, to 25.5%, Nomura Instinet analyst David Wong tells investors in a research note titled "Little Evidence of Recovery Yet." Further, August global chip shipment data showed a continuing year-over-year decline in the mid- to high-teens range, adds the analyst. Wong remains cautious on the semiconductor and semiconductor equipment industry overall.
XLNX Xilinx
$95.98

-1.25 (-1.29%)

09/20/19
MSCO
09/20/19
NO CHANGE
MSCO
Overweight
Morgan Stanley remains bullish longer-term on Xilinx despite near-term headwinds
Morgan Stanley analyst Joseph Moore said investor anxiety around near-term results at Xilinx will likely increase with CFO Lorenzo Flores leaving the company and no reiteration of forecasts being included in the associated press release. Moore sees September quarter results being in-line with consensus, but he is well below consensus with his December and March quarter estimates, he noted. However, he remains bullish on the stock longer-term and keeps an Overweight rating on the shares as he thinks drawing down wireless sets them up to grow across all segments, Moore tells investors.
09/20/19
09/20/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Suzano (SUZ) downgraded to Neutral from Buy at Goldman Sachs with analyst Thiago Oje turning more cautious on the Latin America Pulp & Paper sector citing weaker demand stemming from U.S.-China trade tensions, "unprecedented" inventory levels that are 60% above historical averages, and "deteriorating" long-term outlooks after new capacity announcements. 2. Synovus (SNV) downgraded to In Line from Outperform at Evercore ISI. 3. Xilinx (XLNX) downgraded to Neutral from Buy at BofA/Merrill with analyst Vivek Arya citing the "sudden" departure of its CFO Lorenzo Flores last night for another firm. 4. Cosan (CZZ) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Javier Martinez de Olcoz Cerdan saying while he still sees a recovery in sugar prices ahead, Indian sugar may continue to pressure prices in the coming months. 5. Liberty Global (LBTYA) double downgraded to Sell from Buy at Citi with analyst Nayab Amjad saying the stock has outperformed since January on hopes of completion of the Swiss unit disposal, the closing of the Vodafone deal, and the recent tender offer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/24/19
ARGS
09/24/19
NO CHANGE
Target $145
ARGS
Buy
Concerns about Xilinx CFO transition overdone, says Argus
Argus analyst Jim Kelleher kept his Buy rating and $145 price target on Xilinx, saying the 8% decline in its stock price on September 20th after the announcement of resignation of its CFO Lorenzo Flores was overdone. The analyst says the departure was not a termination for cause as Flores is leaving for a "more prestigious" job and expects the company to fill the role without a disruption. Kelleher remains positive on the "superior growth prospects" of Xilinx relative to its peers.

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PAYS

Paysign

$11.27

-0.56 (-4.73%)

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LPTX

Leap Therapeutics

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-0.5922 (-50.83%)

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FTNT

Fortinet

$100.07

0.38 (0.38%)

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JD

JD.com

$33.57

0.21 (0.63%)

, WVE

Wave Life Sciences

$27.90

-0.07 (-0.25%)

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JD.com

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Wave Life Sciences

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RYTM

Rhythm Pharmaceuticals

$21.52

0.38 (1.80%)

JCP

J.C. Penney

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0.01 (0.92%)

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SBS

Sabesp

$12.21

-0.02 (-0.16%)

20:22
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Earnings
Sabesp reports Q3 adjusted EBITDA up 109.8% at BRL3.01B »

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LINX

Linx S.A.

$7.11

-0.8 (-10.11%)

19:16
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Recommendations
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  • 14

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CNP

CenterPoint Energy

$26.68

-1.42 (-5.05%)

19:12
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19:12
Downgrade
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SPX

S&P 500

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(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$309.54

0.46 (0.15%)

19:09
11/14/19
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19:09
Periodicals
Kudlow says U.S. near trade agreement with China, Reuters says »

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S&P 500

$0.00

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SPDR S&P 500 ETF Trust

$309.54

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BMRN

BioMarin

$75.55

-0.54 (-0.71%)

18:41
11/14/19
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18:41
Hot Stocks
BioMarin CEO: Our products have a very long life cycle »

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  • 07

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OXY

Occidental Petroleum

$37.76

-0.36 (-0.94%)

18:38
11/14/19
11/14
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18:38
Periodicals
Judge rejects Icahn's suit seeking Occidental acquisition records, Reuters says »

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FTCH

Farfetch

$7.49

-0.54 (-6.72%)

, DGII

Digi International

$15.10

0.33 (2.23%)

18:35
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Hot Stocks
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FTCH

Farfetch

$7.49

-0.54 (-6.72%)

DGII

Digi International

$15.10

0.33 (2.23%)

AMAT

Applied Materials

$56.89

-0.24 (-0.42%)

KLIC

Kulicke & Soffa

$25.18

-0.22 (-0.87%)

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

WPM

Wheaton Precious Metals

$26.47

-0.12 (-0.45%)

RDNT

RadNet

$15.92

0.09 (0.57%)

RH

RH

$175.19

1.98 (1.14%)

ACB

Aurora Cannabis

$3.29

-0.25 (-7.06%)

OSMT

Osmotica Pharmaceuticals

$4.00

-0.03 (-0.74%)

GLOB

Globant

$108.99

3.975 (3.79%)

DLB

Dolby

$65.56

-0.14 (-0.21%)

NVDA

Nvidia

$209.88

1.33 (0.64%)

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VIA

Viacom

$25.31

0.175 (0.70%)

, VIAB

Viacom

$22.48

0.44 (2.00%)

18:24
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Hot Stocks
Viacom CEO: The road ahead for the company is very exciting »

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VIA

Viacom

$25.31

0.175 (0.70%)

VIAB

Viacom

$22.48

0.44 (2.00%)

CBS

CBS

$37.62

0.78 (2.12%)

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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:22
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Hot Stocks
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NVDA

Nvidia

$209.88

1.33 (0.64%)

18:04
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Hot Stocks
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BABA

Alibaba

$182.69

0.21 (0.12%)

17:50
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Syndicate
Alibaba launches Hong Kong IPO »

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  • 19

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17:49
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Conference/Events
William Blair SaaS analyst to hold a luncheon meeting »

SaaS Analyst Pfau holds a…

HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:49
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Earnings
Helmerich & Payne sees FY20 CapEx approximately $275M-$300M »

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  • 15

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PPG

PPG

$129.82

-0.5 (-0.38%)

, PG

Procter & Gamble

$120.49

-0.15 (-0.12%)

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Trian Fund exits PPG, cuts Wendy's in Q3 »

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PPG

$129.82

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Procter & Gamble

$120.49

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MDLZ

Mondelez

$52.90

0.2 (0.38%)

LM

Legg Mason

$38.60

-0.22 (-0.57%)

GE

General Electric

$11.30

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WEN

Wendy's

$20.90

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BK

BNY Mellon

$48.42

0.07 (0.14%)

SYY

Sysco

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0.27 (0.33%)

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HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:48
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Earnings
Helmerich & Payne reports Q4 cont ops EPS 38c, consensus 23c »

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  • 15

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17:47
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DA Davidson software analysts to hold a dinner meeting »

Analysts host a Security…

MDCO

The Medicines Co.

$50.89

-1.905 (-3.61%)

17:46
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Roth Capital pharmaceuticals analysts to hold a luncheon »

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  • 16

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NVDA

Nvidia

$209.88

1.33 (0.64%)

17:44
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Nvidia CFO says Q3 decline in automotive revenue driven by one-time item »

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CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

, PSDO

Presidio

$16.56

-0.02 (-0.12%)

17:44
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Hot Stocks
Paulson adds Callon Petroleum, lowers stake in Lyft in Q3 »

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CPE

Callon Petroleum

$4.20

-0.265 (-5.94%)

PSDO

Presidio

$16.56

-0.02 (-0.12%)

OSG

Overseas Shipholding

$1.84

0.045 (2.51%)

STC

Stewart

$43.10

0.11 (0.26%)

AGN

Allergan

$182.47

0.91 (0.50%)

HZNP

Horizon Pharma

$29.82

-0.48 (-1.58%)

ONCE

Spark Therapeutics

$110.78

-0.65 (-0.58%)

MYL

Mylan

$17.26

-0.01 (-0.06%)

S

Sprint

$5.86

-0.21 (-3.46%)

LYFT

Lyft

$41.90

-1.39 (-3.21%)

TMUS

T-Mobile

$76.87

-1.15 (-1.47%)

PCG

PG&E

$6.70

-0.19 (-2.76%)

WCG

WellCare

$301.86

-2.56 (-0.84%)

TSU

Tim Participacoes

$15.53

0.44 (2.92%)

GLD

SPDR Gold Shares

$138.57

0.59 (0.43%)

BHC

Bausch Health

$27.77

0.38 (1.39%)

CELG

Celgene

$110.03

-0.42 (-0.38%)

DISCK

Discovery Inc.

$28.04

0.12 (0.43%)

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17:41
11/14/19
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17:41
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17:41
Conference/Events
BTIG energy analysts to hold a luncheon »

Energy Analysts host…

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17:40
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Wolfe Research tech strategist to hold analyst/industry webcast »

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