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TTWO

Take-Two

$123.18

0.32 (0.26%)

, NKE

Nike

$96.22

0.11 (0.11%)

17:10
10/21/19
10/21
17:10
10/21/19
17:10

2K and Nike announce NBA 2K20 x Nike Gamer Exclusive Program

2K (TTWO) and Nike (NKE) announced the NBA 2K20 x Nike Gamer Exclusive Program, "a first-of-its-kind gaming and sneaker partnership, which launches alongside the new MyPLAYER Nation mode and NBA season tip-off, on October 22. The Program will allow NBA 2K20 players the opportunity to earn up to 10 pairs of soon-to-be-released virtual Nike Basketball signature shoes for their MyPLAYER by completing in-game challenges and the chance to purchase the real-life version of the limited-edition shoes from Nike. MyPLAYER is NBA 2K's player creation feature that allows gamers the opportunity to build their own basketball player, get drafted, rise through the ranks of the NBA elite, and help take their team to glory. "We're excited to be the first sports game to offer our players the chance to buy exclusive shoes from their favorite Nike athletes," said Alfie Brody, VP of Global Marketing at 2K. "We always strive to push the boundaries of in-game partnerships and offer our players unique experiences alongside traditional basketball gameplay. We can't wait to see our fans progress through the challenges to unlock and purchase each pair," said the companies.

TTWO

Take-Two

$123.18

0.32 (0.26%)

NKE

Nike

$96.22

0.11 (0.11%)

  • 22

    Oct

  • 07

    Nov

  • 13

    Nov

  • 21

    Nov

TTWO Take-Two
$123.18

0.32 (0.26%)

10/04/19
SPHN
10/04/19
NO CHANGE
Target $145
SPHN
Overweight
Stephens sees 'robust demand' for Take-Two's 'Red Dead 2' on PC
Stephens analyst Jeff Cohen reiterated an Overweight rating and $145 on Take-Two after the game maker's Rockstar unit confirmed that its popular game "Red Dead Redemption 2" will be coming to PC on November 5, exclusively on the developer's own PC launcher. Cohen said that with the release date for the port being confirmed, five months of "Red Dead" PC sales will be captured in fiscal 2020. He assumes in his model 2.5M units for the PC port in FY20, which "could wind up being conservative" as he had previously assumed the launch would come later in the quarter. The analyst said he continues to believe there is "robust demand" for the PC release and thinks that the release can also boost interest in "Red Dead Online" moving forward.
10/11/19
RHCO
10/11/19
NO CHANGE
Target $59
RHCO
Buy
Activision Blizzard price target raised to $59 from $56 at SunTrust
SunTrust analyst Matthew Thornton says he expects "solid" Q3 reports from the video game companies, with Activision Blizzard (ATVI) having the most upside vs. consensus, driven by WoW and model EPS and revenue at 30c and $1.27B. The analyst raised his price target to $59 from $56 and maintains a Buy rating. He expects "at least" an in-line Q2 report from Electronic Arts (EA) and expects full-year guidance to be raised, though not likely to where the consensus is yet with half the fiscal year still to go. Thornton sees Take-Two's (TTWO) Q2 results to be slightly above the consensus, but sees initial Q3 guidance to be slightly below consensus, citing the company's "typical conservatism." He expects Take-Two to raise full-year guidance, though not likely to where the consensus is yet.
10/17/19
MKMP
10/17/19
NO CHANGE
MKMP
Buy
MKM Partners says 'no need to panic' about Take-Two's 'Borderlands 3' price cut
MKM Partners analyst Eric Handler told investors in a research note before the open that there is "no need to panic" about Take-Two's latest game "Borderlands 3" going on sale. Handler said that he received a number of questions yesterday from investors wondering if the game was underperforming expectations since certain retailers lowered the price for the game to $45 from $60. The analyst said that, in his view, there was "a lot of faulty analysis" assessing the performance of "Borderlands 3," adding that there has not been very much information about unit sales since Take-Two issued a press release late last month which stated the title had sold-in over 5M units during its first five days of launch and "exceeded" management's expectations. Handler, who has a Buy rating and $142 on Take-Two, believes that "Borderlands 3" has continued to sell well and that the retail price cuts are "marketing driven" instead of performance related.
10/18/19
PIPR
10/18/19
NO CHANGE
PIPR
NPD video game sales down 6% for Q3, says Piper Jaffray
NPD video game sales data is down 6% for the full September quarter, Piper Jaffray analyst Michael Olson tells investors in a research note. Electronic Arts' (EA) Madden NFL was the top selling title for all of Q3, followed closely by Take-Two (TTWO) titles NBA 2K20 and Borderlands 3, Olson says. He views the NPD results are neutral for Activision Blizzard (ATVI), given no major launches for the quarter. The analyst maintains Overweight ratings on Activision, EA and Take Two.
NKE Nike
$96.22

0.11 (0.11%)

10/14/19
BOFA
10/14/19
UPGRADE
BOFA
Neutral
Nike upgraded to Neutral from Underperform at BofA/Merrill
10/14/19
BOFA
10/14/19
UPGRADE
Target $98
BOFA
Neutral
Nike upgraded to Neutral from Underperform at BofA/Merrill
BofA/Merrill analyst Robert Ohmes upgraded Nike (NKE) to Neutral with a price target of $98, saying that he expects the "accelerated democratization" of the brand to offset the broader future challenges around "significant" third-party retail store closures and global stagnation in "performance" footwear/apparel. The analyst notes that while Adidas (ADDYY) is resurging as a global competitor, he sees the decline in consensus estimates for Nike as having ended and anticipates some Q1 earnings upside from the company's "less technical "Sportswear" businesses".
10/14/19
10/14/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Nike (NKE) upgraded to Neutral from Underperform at BofA/Merrill with analyst Robert Ohmes saying that he expects the "accelerated democratization" of the brand to offset the broader future challenges around "significant" third-party retail store closures and global stagnation in "performance" footwear/apparel. 2. Western Digital (WDC) upgraded to Buy from Hold at Loop Capital with analyst Ananda Baruah citing his findings that flash memory average selling prices are set to increase starting in the September and December quarters while also sustaining those increases in 2020, along with expectations of strong hyperscale HDD demand next year. 3. Varian Medical (VAR) upgraded to Buy from Neutral at BTIG with analyst Sean Lavin saying Varian shares have pulled back in recent weeks and now trade in line with the comp group. 4. Xilinx (XLNX) upgraded to Buy from Neutral at Nomura Instinet with analyst David Wong saying many risks remain for U.S. semiconductor companies, including uncertainties related to U.S./China trade issues and U.S. action against Chinese companies such as Huawei. 5. HP Enterprise (HPE) upgraded to In Line from Underperform at Evercore ISI with analyst Amit Daryanani saying he is incrementally more positive on cash flow resiliency, the Cray acquisition, recent data points that indicate H3C is performing better than other OEMs in China, and valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/18/19
FBCO
10/18/19
NO CHANGE
Target $112
FBCO
Outperform
Nike price target raised to $112 from $105 at Credit Suisse
Credit Suisse analyst Michael Binetti raised his price target for Outperform-rated Nike to $112 from $105, saying accelerating global revenue trends and better SG&A leverage should translate to accelerating EPS upside through FY20 and into FY21. Binetti calls Nike's innovation pipeline "the strongest we've seen in years."

TODAY'S FREE FLY STORIES

OPRT

Oportun Financial

$18.72

0.54 (2.97%)

16:52
11/12/19
11/12
16:52
11/12/19
16:52
Earnings
Oportun Financial sees FY19 EPS $2.16-$2.21, consensus $1.71 »

Sees FY19 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

MUR

Murphy Oil

$24.34

-0.09 (-0.37%)

16:52
11/12/19
11/12
16:52
11/12/19
16:52
Downgrade
Murphy Oil rating change  »

Murphy Oil downgraded to…

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HES

Hess Corp.

$71.79

-1.05 (-1.44%)

16:51
11/12/19
11/12
16:51
11/12/19
16:51
Initiation
Hess Corp. initiated  »

Hess Corp. initiated with…

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TCON

Tracon Pharmaceuticals

$3.46

-0.48 (-12.18%)

16:51
11/12/19
11/12
16:51
11/12/19
16:51
Syndicate
Breaking Syndicate news story on Tracon Pharmaceuticals »

Tracon Pharmaceuticals…

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OPRT

Oportun Financial

$18.72

0.54 (2.97%)

16:50
11/12/19
11/12
16:50
11/12/19
16:50
Earnings
Oportun Financial sees Q4 EPS 61c-65c, consensus 62c »

Sees Q4 revenue…

03/08/13
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  • 12

    Nov

ESTA

Establishment Labs

$23.60

-0.39 (-1.63%)

16:50
11/12/19
11/12
16:50
11/12/19
16:50
Syndicate
Breaking Syndicate news story on Establishment Labs »

Establishment Labs files…

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  • 12

    Nov

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    Nov

SE

Sea Limited

$36.78

5.81 (18.76%)

16:49
11/12/19
11/12
16:49
11/12/19
16:49
Syndicate
Breaking Syndicate news story on Sea Limited »

Sea Limited files to sell…

03/08/13
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03/08/13
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03/06/13
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  • 12

    Nov

GEVO

Gevo

$2.57

0.065 (2.59%)

16:49
11/12/19
11/12
16:49
11/12/19
16:49
Earnings
Gevo reports Q3 EPS (66c), one estimate (55c) »

Reports Q3 revenue $6.1M,…

03/08/13
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  • 12

    Nov

WMT

Walmart

$119.13

0.1 (0.08%)

16:48
11/12/19
11/12
16:48
11/12/19
16:48
Recommendations
Walmart analyst commentary  »

Baird senses 'upward…

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  • 13

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    Nov

LJPC

La Jolla

$6.70

-0.07 (-1.03%)

16:48
11/12/19
11/12
16:48
11/12/19
16:48
Earnings
La Jolla reports Q3 EPS ($1.08), consensus ($1.08) »

Reports Q3 revenue $5.7M,…

03/08/13
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03/06/13
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03/06/13
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OPRT

Oportun Financial

$18.72

0.54 (2.97%)

16:48
11/12/19
11/12
16:48
11/12/19
16:48
Earnings
Oportun Financial reports Q3 EPS 64c, consensus 44c »

Reports Q3 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

FCPT

Four Corners Property Trust

$26.95

-0.16 (-0.59%)

16:48
11/12/19
11/12
16:48
11/12/19
16:48
Syndicate
Breaking Syndicate news story on Four Corners Property Trust »

Four Corners Property…

03/08/13
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03/08/13
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03/06/13
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BA

Boeing

$362.89

-4.08 (-1.11%)

16:47
11/12/19
11/12
16:47
11/12/19
16:47
Hot Stocks
Boeing names Conrad Chun VP of Communications for Boeing Commercial Airplanes »

Boeing announced the…

03/08/13
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03/08/13
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03/06/13
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  • 14

    Nov

ADPT

Adaptive Biotechnologies

$28.35

0.01 (0.04%)

16:46
11/12/19
11/12
16:46
11/12/19
16:46
Earnings
Adaptive Biotechnologies reports Q3 EPS (11c), consensus (24c) »

Reports Q3 revenue…

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  • 12

    Nov

  • 07

    Dec

CALA

Calithera Biosciences

$3.15

0.01 (0.32%)

16:46
11/12/19
11/12
16:46
11/12/19
16:46
Earnings
Calithera Biosciences reports Q3 EPS (38c), consensus (45c) »

Cash, cash equivalents…

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  • 12

    Nov

HII

Huntington Ingalls

$253.94

2.975 (1.19%)

16:46
11/12/19
11/12
16:46
11/12/19
16:46
Hot Stocks
Huntington Ingalls starts fabribation of legend-class cutter Calhoun »

Huntington Ingalls…

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SDC

SmileDirectClub

$11.02

-0.83 (-7.00%)

16:45
11/12/19
11/12
16:45
11/12/19
16:45
Hot Stocks
SmileDirectClub reports Q3 unique aligner shipments of 106,070 »

SmileDirectClub reports…

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  • 12

    Nov

SDC

SmileDirectClub

$11.02

-0.83 (-7.00%)

16:44
11/12/19
11/12
16:44
11/12/19
16:44
Hot Stocks
Breaking Hot Stocks news story on SmileDirectClub »

SmileDirectClub shares…

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  • 12

    Nov

CDLX

Cardlytics

$39.85

0.17 (0.43%)

16:44
11/12/19
11/12
16:44
11/12/19
16:44
Earnings
Cardlytics raises FY19 revenue view to $196M-$200M from $180M-$190M 

Consensus $190.49M.

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  • 12

    Nov

  • 09

    Dec

RNG

RingCentral

$172.89

2.57 (1.51%)

, AVYA

Avaya

$12.53

0.08 (0.64%)

16:43
11/12/19
11/12
16:43
11/12/19
16:43
Hot Stocks
RingCentral issues 2.17M Class A shares to Avaya »

RingCentral, Inc. (RNG)…

RNG

RingCentral

$172.89

2.57 (1.51%)

AVYA

Avaya

$12.53

0.08 (0.64%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

  • 13

    Nov

  • 13

    Nov

  • 09

    Dec

SSTI

ShotSpotter

$20.35

-0.01 (-0.05%)

16:43
11/12/19
11/12
16:43
11/12/19
16:43
Earnings
ShotSpotter guides initial FY20 revenue $48M-$50M, consensus $55.94M »

Management also expects…

03/08/13
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  • 12

    Nov

SDC

SmileDirectClub

$11.02

-0.83 (-7.00%)

16:43
11/12/19
11/12
16:43
11/12/19
16:43
Hot Stocks
SmileDirectClub targets long-term marketing, selling expenses 40%-45% of sales »

SmileDirectClub said in…

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  • 12

    Nov

SSTI

ShotSpotter

$20.35

-0.01 (-0.05%)

16:43
11/12/19
11/12
16:43
11/12/19
16:43
Earnings
ShotSpotter cuts FY19 revenue view to $40M-$40.5M from $42M-$44.5M 

Consensus $42.9M.

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

CDLX

Cardlytics

$39.85

0.17 (0.43%)

16:43
11/12/19
11/12
16:43
11/12/19
16:43
Earnings
Breaking Earnings news story on Cardlytics »

Cardlytics sees Q4…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

  • 09

    Dec

SSTI

ShotSpotter

$20.35

-0.01 (-0.05%)

16:42
11/12/19
11/12
16:42
11/12/19
16:42
Earnings
ShotSpotter reports Q3 EPS 4c, consensus 3c »

Reports Q3 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 12

    Nov

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