Breaking News Instant updates and real-time market news.

CVNA

Carvana

$74.34

2.06 (2.85%)

09:11
10/15/19
10/15
09:11
10/15/19
09:11

Carvana price target trimmed to $29 ahead of Q3 report at Morgan Stanley

Morgan Stanley analyst Armintas Sinkevicius said he sees few surprises from Carvana in its Q3 earnings report, though he thinks the narrative about the company is shifting from a focus on year-over-year growth driven by market expansion to one about low single-digit percentage quarter-over-quarter organic growth. The analyst, who estimates about 2% sequential organic growth in Retail Unit Sales in Q3 if he removes the 9 new markets from his estimate, maintains an Underweight rating on Carvana and trimmed his price target on the stock to $29 from $30.

  • 06

    Nov

CVNA Carvana
$74.34

2.06 (2.85%)

09/19/19
OPCO
09/19/19
INITIATION
Target $95
OPCO
Outperform
Oppenheimer starts Carvana with Outperform rating, $95 price target
Oppenheimer analyst Brian Nagel initiated coverage of Carvana with an Outperform rating and $95 price target. While its model remains unproven, Carvana is demonstrating an ability to capture "outsized share in the decidedly large and fragmented" used car marketplace, Nagel tells investors in a research note. The analyst, who sees upside potential of more than 20% from current share levels, expects Carvana's "broad-based" revenues to leverage its "mostly centralized" expense base.
09/20/19
09/20/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Roku (ROKU) initiated with a Sell at Pivotal Research. 2. Carvana (CVNA) initiated with an Outperform at Oppenheimer. 3. Zealand Pharma (ZEAL) and MyoKardia (MYOK) were initiated with a Buy at Guggenheim. 4. Wayfair (W) initiated with a Sell at Berenberg. 5. Eton Pharmaceuticals (ETON) initiated with a Buy at B. Riley FBR. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/26/19
JPMS
09/26/19
INITIATION
Target $75
JPMS
Neutral
Carvana initiated with a Neutral at JPMorgan
JPMorgan analyst Rajat Gupta started Carvana with a Neutral rating and $75 price target. The analyst believes the company's business model is "attractive" with "solid" near-term earnings momentum. However, this is already appropriately reflected in the stock's "premium" valuation, Gupta tells investors in a research note.
09/26/19
09/26/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Dropbox (DBX) assumed with an Outperform at RBC Capital. 2. Rigel Pharmaceuticals (RIGL) assumed with an Overweight at JPMorgan. 3. Aaron's (AAN) initiated with a Buy at BofA/Merrill. 4. Cooper-Standard (CPS) resumed with a Buy at Roth Capital. 5. Carvana (CVNA) initiated with a Neutral at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

LB

L Brands

$16.73

1.33 (8.64%)

11:21
11/21/19
11/21
11:21
11/21/19
11:21
Recommendations
L Brands analyst commentary  »

L Brands price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

  • 05

    Dec

  • 27

    Feb

11:20
11/21/19
11/21
11:20
11/21/19
11:20
General news
Treasury announced a $113 B 3-pronged package of shorter/intermediate coupon offerings »

Treasury announced a $113…

AZN

AstraZeneca

$47.31

0.3 (0.64%)

11:17
11/21/19
11/21
11:17
11/21/19
11:17
Hot Stocks
FDA grants supplemental approval to AstraZeneca's Calquence »

As part of Project Orbis,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Dec

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
11/21/19
11/21
11:17
11/21/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SITM

SiTime

$0.00

(0.00%)

11:16
11/21/19
11/21
11:16
11/21/19
11:16
Syndicate
Breaking Syndicate news story on SiTime »

SiTime opens at $16.90,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
11/21/19
11/21
11:16
11/21/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:15
11/21/19
11/21
11:15
11/21/19
11:15
General news
Breaking General news story  »

8-Week Bill Auction to be…

11:15
11/21/19
11/21
11:15
11/21/19
11:15
General news
Breaking General news story  »

4-Week Bill Auction to be…

11:15
11/21/19
11/21
11:15
11/21/19
11:15
General news
Breaking General news story  »

4-Week Bill Auction to be…

11:15
11/21/19
11/21
11:15
11/21/19
11:15
General news
Breaking General news story  »

8-Week Bill Auction to be…

LYFT

Lyft

$46.63

2.78 (6.34%)

11:10
11/21/19
11/21
11:10
11/21/19
11:10
Options
Heavy call volume in Lyft as shares lift 6% »

Heavy call volume in Lyft…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
7-Yr Note Announcement CUSIP Number data reported »

7-Yr Note Announcement…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
7-Yr Note Announcement Offering Amount data reported »

7-Yr Note Announcement…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
5-Yr Note Announcement CUSIP Number data reported »

5-Yr Note Announcement…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
5-Yr Note Announcement Offering Amount data reported »

5-Yr Note Announcement…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
2-Yr FRN Note Announcement CUSIP Number data reported »

2-Yr FRN Note…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
2-Yr FRN Note Announcement Offering Amount data reported »

2-Yr FRN Note…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
2-Yr Note Announcement CUSIP Number data reported »

2-Yr Note Announcement…

11:09
11/21/19
11/21
11:09
11/21/19
11:09
General news
2-Yr Note Announcement Offering Amount data reported »

2-Yr Note Announcement…

WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

11:08
11/21/19
11/21
11:08
11/21/19
11:08
Periodicals
WeWork confirms plans to cut 2,400 jobs globally, CNBC reports »

WeWork is cutting 2,400…

WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDT

Medtronic

$109.98

-1.75 (-1.57%)

11:06
11/21/19
11/21
11:06
11/21/19
11:06
Hot Stocks
Medtronic reports FDA approval of IN.PACT AV drug-coated balloon »

Medtronic announced U.S.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMTD

TD Ameritrade

$49.24

7.85 (18.97%)

11:05
11/21/19
11/21
11:05
11/21/19
11:05
Options
TD Ameritrade call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UBCP

United Bancorp

$12.55

(0.00%)

11:03
11/21/19
11/21
11:03
11/21/19
11:03
Hot Stocks
United Bancorp raises quarterly cash dividend to 14c per share »

On November 20, 2019, the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PYPL

PayPal

$103.49

-0.6 (-0.58%)

11:01
11/21/19
11/21
11:01
11/21/19
11:01
On The Fly
PayPal seen making 'bold chess move' with 'sweet' $4B Honey deal »

Shares of PayPal (PYPL)…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

  • 10

    Dec

11:00
11/21/19
11/21
11:00
11/21/19
11:00
General news
Today's U.S. reports »

Today's U.S. reports…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.