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ERIC

Ericsson

$9.12

-0.075 (-0.82%)

, NVDA

Nvidia

$196.16

5.69 (2.99%)

19:29
10/21/19
10/21
19:29
10/21/19
19:29

Nvidia, Ericsson collaborate on virtualized 5G radio access technology

NVIDIA (NVDA) and Ericsson (ERIC) announced they are collaborating on technologies that can allow telco operators to build completely virtualized 5G radio access networks. These virtualized networks can enable "faster and more flexible" introduction of new AI and IoT services. The collaboration, announced by NVIDIA founder and CEO Jensen Huang at a keynote ahead of the start of MWC Los Angeles, brings together "Ericsson's expertise in RAN technology with NVIDIA's leadership in GPU-powered accelerated computing platforms".

ERIC

Ericsson

$9.12

-0.075 (-0.82%)

NVDA

Nvidia

$196.16

5.69 (2.99%)

  • 22

    Oct

  • 14

    Nov

  • 20

    Nov

ERIC Ericsson
$9.12

-0.075 (-0.82%)

09/20/19
DZBN
09/20/19
UPGRADE
DZBN
Buy
Ericsson upgraded to Buy from Hold at DZ Bank
10/01/19
ADAM
10/01/19
UPGRADE
ADAM
Buy
Ericsson upgraded to Buy from Hold at Canaccord
Canaccord Genuity analyst Michael Walkley upgraded Ericsson to Buy from Hold and raised his price target for the shares to $10.50 from $9.50. Since the Q2 earnings report, Ericsson has announced deals with Nex-Tech, RINA, and KDDI, demonstrating continuing 5G momentum, Walkley tells investors in a research note. Further, he believes the company's Department and Justice/Securities Exchange Commission settlement provision in Q3 "represents a resolution to an overhang versus an ongoing issue." The analyst cites valuation for the upgrade to Buy after he introduced a 2021 non-IFRS earnings per share estimate of 66c.
10/01/19
10/01/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Ericsson (ERIC) upgraded to Buy from Hold at Canaccord with analyst Michael Walkley saying since the Q2 earnings report, Ericsson has announced deals with Nex-Tech, RINA, and KDDI, demonstrating continuing 5G momentum. 2. VMware (VMW) upgraded to Outperform from Market Perform at Wells Fargo with analyst Philip Winslow saying investors have been concerned that growing interest in deploying containerized applications into Kubernetes-centric environments will eventually reduce customer demand for VMware's virtualization-centric product portfolio. 3. Tradeweb Markets (TW) upgraded to Overweight from Equal Weight at Barclays with analyst Jeremy Campbell saying recent weakness in the shares "seems largely technical," which presents an "attractive upside opportunity." 4. Scotts Miracle-Gro (SMG) upgraded to Neutral from Underperform at BofA/Merrill with analyst Christopher Carey saying the bar on the company's earnings consensus may be "too low." 5. Philip Morris (PM) upgraded to Buy from Neutral at BofA/Merrill with analyst Lisa Lewandowski citing the suspended merger discussions with Altria (MO) amid the heightened risk for U.S. vaping category following reports of lung health concerns. 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
NWST
10/18/19
INITIATION
NWST
Neutral
Ericsson initiated with a Neutral at New Street
New Street analyst a a initiated coverage of Ericsson with a Neutral rating and 95 kronor price target.
NVDA Nvidia
$196.16

5.69 (2.99%)

10/07/19
EVER
10/07/19
NO CHANGE
Target $225
EVER
Outperform
Nvidia price target raised to $225 from $185 at Evercore ISI
Evercore ISI analyst C.J. Muse said in a note before the open that he thinks it is understandable that investors have taken a cautious view on the future growth of Nvidia's Gaming franchise, though he sees a potential recovery coming in the second half and momentum continuing into 2020 and beyond in that part of the company's business. Muse sees at least a 15% compound annual growth rate for Gaming into 2022, led by Notebook Gaming growth, even without giving credit for any contributions from Cloud gaming via wins at CSPs and GeForce Alliance, which could be a source of added upside. The analyst, who now predicts Nvidia EPS approaching $9.25 in the 2021 timeframe, reiterated his Outperform rating on the shares and raised his price target to $225 from $185. Nvidia, which also saw its price target raised to $217 from $190 at RBC Capital this morning, is up 3% to $187.44 in early trading.
10/09/19
PIPR
10/09/19
NO CHANGE
Target $200
PIPR
Overweight
Nvidia's two biggest growth drivers are back, says Piper Jaffray
Piper Jaffray analyst Harsh Kumar believes Nvidia's (NVDA) two biggest growth drivers, namely gaming and data center, are back. Following a round of channel checks, the analyst says Nvidia is one of the best positioned semiconductor companies from a "company-specific catalyst perspective." Gaming, which represents around half of the company's revenue, appears to have settled following the GPU inventory correction, and the segment is setup for a seasonally strong second half of 2019, Kumar tells investors in a research note. In addition, the analyst is convinced Nvidia's data center business appears to have stabilized, and he sees growth in the segment moving forward. Further, Kumar thinks the Mellanox (MLNX) acquisition is on track to close by the end of calendar 2019. Lastly, based on Piper's teen survey results, the analyst believes video game interest remains high among U.S. teens. He keeps an Overweight rating on Nvidia with a $200 price target. The stock closed Tuesday down $7.10 to $177.23.
10/15/19
BOFA
10/15/19
NO CHANGE
Target $250
BOFA
Buy
Nvidia price target raised to $250 from $225 at BofA/Merrill
BofA Merrill Lynch analyst Vivek Arya raised his price target on Nvidia shares to $250 from $225 as he believes the company's data center growth will soon benefit from "the next-big AI landmark," namely natural language processing, or "conversational AI." The ability to accurately listen, understand, speak and contextualize human speech needs compute requirements 100 times that of today's dominant image/video classifier AI machines, said Arya, who sees Nvidia being "in prime position" to benefit from this shift given its portfolio of hardware and software and its developer ecosystem. Arya keeps a Buy rating on Nvidia, which he continues to identify as his top large-cap pick.
10/21/19
MSCO
10/21/19
NO CHANGE
Target $32
MSCO
Equal Weight
AMD likely to gain share in every segment next year, says Morgan Stanley
Morgan Stanley analyst Joseph Moore said he believes AMD (AMD) has "put itself in a remarkable position" of being poised to likely gain share in every segment next year by competing successfully with both Intel (INTC) and Nvidia (NVDA) while spending a fraction of the R&D those two spend. However, he keeps an Equal Weight rating on AMD shares, stating that his 2020 EPS estimate of $1.07 gives the company "quite a bit of credit for share gains" and the $1.50 in 2020 EPS that some investors are convinced about "is possible, but certainly not a given." Moore, who sees AMD's biggest gains in the "enthusiast desktop," servers for the largest scale cloud service providers, and data center graphics, raised his price target on the stock to $32 from $30.

TODAY'S FREE FLY STORIES

DHT

DHT Holdings

$7.52

-0.2 (-2.59%)

16:25
11/18/19
11/18
16:25
11/18/19
16:25
Syndicate
DHT Holdings files to sell 14.68M shares of common stock for holders »

The offering represents…

03/08/13
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HPQ

HP Inc.

$20.01

-0.16 (-0.79%)

, XRX

Xerox

$39.30

0.355 (0.91%)

16:24
11/18/19
11/18
16:24
11/18/19
16:24
On The Fly
Fly Intel: Wall Street's top stories for Monday »

The major averages…

HPQ

HP Inc.

$20.01

-0.16 (-0.79%)

XRX

Xerox

$39.30

0.355 (0.91%)

TMUS

T-Mobile

$78.22

0.17 (0.22%)

WE

We Company

$0.00

(0.00%)

T

AT&T

$39.61

0.12 (0.30%)

VZ

Verizon

$59.43

-0.08 (-0.13%)

FDX

FedEx

$157.61

-0.695 (-0.44%)

WMT

Walmart

$120.21

1.32 (1.11%)

MO

Altria Group

$48.33

0.36 (0.75%)

KRTX

Karuna Therapeutics

$96.00

78.74 (456.20%)

SNAP

Snap

$14.69

0.76 (5.46%)

AMRN

Amarin

$22.63

-1.36 (-5.67%)

AMZN

Amazon.com

$1,752.70

15.21 (0.88%)

SPOT

Spotify

$140.19

-7.16 (-4.86%)

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  • 20

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  • 09

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  • 09

    Dec

  • 09

    Dec

  • 10

    Dec

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  • 28

    Dec

  • 29

    Jan

  • 30

    Jan

  • 30

    Jan

ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

, SON

Sonoco

$58.58

-0.29 (-0.49%)

16:23
11/18/19
11/18
16:23
11/18/19
16:23
Hot Stocks
Esco Technologies divests technical packaging business segment to Sonoco »

Esco Technologies (ESE)…

ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

SON

Sonoco

$58.58

-0.29 (-0.49%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 19

    Nov

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    Nov

KRTX

Karuna Therapeutics

$96.00

78.74 (456.20%)

16:23
11/18/19
11/18
16:23
11/18/19
16:23
Syndicate
Karuna Therapeutics files to sell 2.6M shares of common stock »

Goldman Sachs & Co.…

03/08/13
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03/06/13
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  • 18

    Nov

LHX

L3Harris Technologies

$202.71

0.21 (0.10%)

16:22
11/18/19
11/18
16:22
11/18/19
16:22
Initiation
L3Harris Technologies initiated  »

L3Harris Technologies…

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RGC

Regal Entertainment

$0.00

(0.00%)

, CNK

Cinemark

$34.15

0.02 (0.06%)

16:22
11/18/19
11/18
16:22
11/18/19
16:22
Periodicals
DOJ's Delrahim wants to end ban on studios owning theaters, Bloomberg says »

Makan Delrahim, head of…

RGC

Regal Entertainment

$0.00

(0.00%)

CNK

Cinemark

$34.15

0.02 (0.06%)

AMC

AMC Entertainment

$8.47

-0.28 (-3.20%)

IMAX

Imax

$20.88

-0.19 (-0.90%)

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

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  • 18

    Nov

  • 20

    Nov

  • 02

    Dec

SAFE

Safehold

$35.96

0.65 (1.84%)

, STAR

iStar

$12.18

-0.135 (-1.10%)

16:21
11/18/19
11/18
16:21
11/18/19
16:21
Syndicate
Safehold announces 2M share public offering, concurrent private placement »

Safehold (SAFE) announced…

SAFE

Safehold

$35.96

0.65 (1.84%)

STAR

iStar

$12.18

-0.135 (-1.10%)

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

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  • 20

    Nov

  • 21

    Nov

SHAK

Shake Shack

$61.75

-0.835 (-1.33%)

16:20
11/18/19
11/18
16:20
11/18/19
16:20
Initiation
Shake Shack initiated  »

Shake Shack initiated…

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03/06/13
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03/06/13
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KFRC

Kforce

$39.89

0.02 (0.05%)

16:20
11/18/19
11/18
16:20
11/18/19
16:20
Hot Stocks
Kforce director sells 23K shares of common stock »

In a regulatory filing,…

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VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
11/18/19
11/18
16:20
11/18/19
16:20
Options
Closing CBOE SPX and VIX Index summary for November 18th »

The CBOE Volatility Index…

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03/06/13
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SAEX

SAExploration

$1.53

-0.03 (-1.92%)

16:19
11/18/19
11/18
16:19
11/18/19
16:19
Hot Stocks
SAExploration announces $130M in new projects in Alaska, Canada and Middle East »

SAExploration Holdings…

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03/06/13
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03/06/13
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EGHT

8x8, Inc.

$20.79

0.14 (0.68%)

16:19
11/18/19
11/18
16:19
11/18/19
16:19
Syndicate
Breaking Syndicate news story on 8x8, Inc. »

8x8, Inc. files to sell…

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03/08/13
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03/06/13
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  • 04

    Dec

AMC

AMC Entertainment

$8.47

-0.28 (-3.20%)

, CNK

Cinemark

$34.15

0.02 (0.06%)

16:18
11/18/19
11/18
16:18
11/18/19
16:18
Periodicals
DOJ's Delrahim wants to end ban on studios owning theaters, Bloomberg says »

DOJ antitrust chief Makan…

AMC

AMC Entertainment

$8.47

-0.28 (-3.20%)

CNK

Cinemark

$34.15

0.02 (0.06%)

RGC

Regal Entertainment

$0.00

(0.00%)

IMAX

Imax

$20.88

-0.19 (-0.90%)

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

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  • 18

    Nov

  • 20

    Nov

  • 02

    Dec

LCII

LCI Industries

$105.10

-0.41 (-0.39%)

16:17
11/18/19
11/18
16:17
11/18/19
16:17
Hot Stocks
LCI Industries subsidiary buys PWR-ARM Automatic Bimini assets of Schwintek »

LCI Industries announced…

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Z

Zillow

$39.94

0.25 (0.63%)

, ZG

Zillow

$39.75

0.32 (0.81%)

16:17
11/18/19
11/18
16:17
11/18/19
16:17
Hot Stocks
Zillow president of media and marketplaces, Greg Schwartz, steps down »

Zillow announced that…

Z

Zillow

$39.94

0.25 (0.63%)

ZG

Zillow

$39.75

0.32 (0.81%)

03/08/13
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  • 19

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
11/18/19
11/18
16:17
11/18/19
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was average for…

03/08/13
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SNE

Sony

$62.41

0.38 (0.61%)

, T

AT&T

$39.61

0.12 (0.30%)

16:16
11/18/19
11/18
16:16
11/18/19
16:16
Hot Stocks
Sony Pictures acquires AT&T's stake in Game Show Network »

Sony Pictures…

SNE

Sony

$62.41

0.38 (0.61%)

T

AT&T

$39.61

0.12 (0.30%)

03/08/13
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03/08/13
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03/06/13
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  • 18

    Nov

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    Nov

  • 09

    Dec

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    Dec

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    Jan

SON

Sonoco

$58.58

-0.29 (-0.49%)

, ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

16:16
11/18/19
11/18
16:16
11/18/19
16:16
Hot Stocks
Sonoco to acquire TEQ from Esco Technologies for $187M, sees deal as accretive »

Sonoco (SON) announced it…

SON

Sonoco

$58.58

-0.29 (-0.49%)

ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 19

    Nov

  • 19

    Nov

OVID

Ovid Therapeutics

$2.76

0.14 (5.34%)

, NVS

Novartis

$90.32

0.3 (0.33%)

16:16
11/18/19
11/18
16:16
11/18/19
16:16
Hot Stocks
Ovid Therapeutics appoints Jason Tardio as CCO »

Ovid Therapeutics (OVID)…

OVID

Ovid Therapeutics

$2.76

0.14 (5.34%)

NVS

Novartis

$90.32

0.3 (0.33%)

03/08/13
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03/06/13
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03/06/13
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  • 07

    Dec

$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
11/18/19
11/18
16:16
11/18/19
16:16
Technical Analysis
NYSE market internals summary »

Volume was average for…

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I

Intelsat

$7.98

-5.42 (-40.45%)

16:15
11/18/19
11/18
16:15
11/18/19
16:15
Downgrade
Intelsat rating change  »

Intelsat downgraded to In…

03/08/13
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  • 10

    Dec

GSX

GSX Techedu

$16.75

1.84 (12.34%)

16:15
11/18/19
11/18
16:15
11/18/19
16:15
Syndicate
GSX Techedu files to sell 15M American Depositary Shares for holders »

Representing 10M Class A…

03/08/13
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03/06/13
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03/06/13
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EFC

Ellington Financial

$18.78

(0.00%)

16:14
11/18/19
11/18
16:14
11/18/19
16:14
Syndicate
Ellington Financial offers to sell 4.2M shares of common stock »

UBS Securities LLC,…

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ESEA

Euroseas

$0.46

-0.007 (-1.50%)

16:13
11/18/19
11/18
16:13
11/18/19
16:13
Hot Stocks
Euroseas to acquire four containerships from Synergy Holdings for $40M »

Euroseas announced that…

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ANAB

AnaptysBio

$11.03

-0.05 (-0.45%)

16:12
11/18/19
11/18
16:12
11/18/19
16:12
Hot Stocks
EcoR1 Capital reports 6.3% stake in AnaptysBio »

EcoR1 Capital disclosed a…

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