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HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

, FJTSY

Fujitsu

$0.00

(0.00%)

19:34
11/12/19
11/12
19:34
11/12/19
19:34

HP Enterprise's Cray to partner with Fujitsu on 'supercomputer' technology

Cray, a Hewlett Packard Enterprise (HPE) company and Japan's Fujitsu (FJTSY), announced a partnership to offer high performance technologies for the Exascale Era. Under the alliance agreement, Cray is developing the first-ever commercial supercomputer powered by the Fujitsu A64FX Arm-based processor with high-memory bandwidth and supported on the Cray CS500 supercomputer architecture and programming environment. Initial customers include Los Alamos National Laboratory, Oak Ridge National Laboratory, RIKEN Center for Computational Science, Stony Brook University, and University of Bristol. As part of this new partnership, Cray and Fujitsu will explore engineering collaboration, co-development, and joint go-to-market to meet customer demand in the supercomputing space.

HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

FJTSY

Fujitsu

$0.00

(0.00%)

  • 25

    Nov

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    Dec

  • 09

    Dec

  • 10

    Dec

HPE HP Enterprise
$17.34

-0.11 (-0.63%)

11/01/19
JPMS
11/01/19
DOWNGRADE
Target $16
JPMS
Underweight
HP Enterprise downgraded to Underweight on valuation at JPMorgan
JPMorgan analyst Paul Coster downgraded HP Enterprise to Underweight from Neutral with an unchanged price target of $16. The analyst cites valuation for the downgrade saying the current price-to-earnings multiple fairly reflects its "tough near-term fundamentals." The analyst highlights HP Enterprise's flattish 2020 free cash flow growth and "limited" top-line visibility.
11/01/19
11/01/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. HP Enterprise (HPE) downgraded to Underweight from Neutral at JPMorgan with analyst Paul Coster citing valuation. 2. Penn National (PENN) downgraded to Hold from Buy at Jefferies with analyst David Katz saying management has been clear in their intention is to focus on leverage reduction, which could include the sale of remaining owned assets. 3. J.B. Hunt (JBHT) downgraded to Neutral from Buy at Goldman Sachs withh analyst Jordan Alliger citing valuation. 4. Pinterest (PINS) downgraded to Hold from Buy at Pivotal Research with analyst Michael Levine saying the company's deceleration in U.S. advertising in Q3 and implied deceleration based on guidance for Q4 "was far more than we had hoped for." 5. Booking Holdings (BKNG) downgraded to Neutral from Buy at BofA/Merrill with analyst Justin Post saying the stock price is up 19% year-to-date, even though the macro concerns for the online travel industry have been "well publicized." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/07/19
LBOW
11/07/19
NO CHANGE
LBOW
Neutral
NetApp Q2 estimates raised following checks at Longbow
Longbow analyst Nikolay Todorov raised his EPS forecast for NetApp's (NTAP) fiscal second quarter to the mid-point of guidance, which he notes is ahead of consensus, after a better than anticipated uptick in server and storage spending pointed to in his quarterly IT reseller checks. Though sales cycles remain elongate, resellers are forecasting a seasonal pickup in spending in the calendar fourth quarter, driven by an end of year budget flush, Todorov said. Following his storage and server industry checks, he keeps Neutral ratings on NetApp and HP Enterprise (HPE).
11/11/19
UBSW
11/11/19
UPGRADE
Target $18
UBSW
Neutral
HP Enterprise upgraded to Neutral from Sell at UBS
UBS analyst Munjal Shah upgraded HP Enterprise to Neutral from Sell with a price target of $18, up from $13. The analyst sees product mix shift and some improvement in the company's end markets.
FJTSY Fujitsu
$0.00

(0.00%)

07/25/19
NOMU
07/25/19
UPGRADE
NOMU
Buy
Fujitsu upgraded to Buy from Neutral at Nomura Instinet
Nomura analyst Masaya Yamasaki upgraded Fujitsu to Buy from Neutral with a price target of 9,600 yen, up from 7,600 yen.
08/12/19
JPMS
08/12/19
UPGRADE
JPMS
Overweight
Fujitsu upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jun Tanabe upgraded Fujitsu to Overweight and raised his price target to JPY12,000 from JPY7,000.
11/05/19
GSCO
11/05/19
DOWNGRADE
GSCO
Sell
Fujitsu downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Ikuo Matsuhashi downgraded Fujitsu to Sell from Neutral with an unchanged 12-month price target of 7,600 yen. The analyst says that while the stock has rallied 6% since the company's Q2 results, he continues to forecast a profit decline from fiscal 2021 and believes the recent growth in sales of mature products will be unsustainable.

TODAY'S FREE FLY STORIES

ACB

Aurora Cannabis

$2.52

-0.095 (-3.63%)

21:25
12/10/19
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Conference/Events
Aurora Cannabis management to meet with Cantor Fitzgerald. »

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SPY

SPDR S&P 500 ETF Trust

$313.58

-0.29 (-0.09%)

, SPX

S&P 500

$0.00

(0.00%)

21:00
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General news
White House Navarro says 'no indication' Dec 15th tariffs will be delayed »

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SPY

SPDR S&P 500 ETF Trust

$313.58

-0.29 (-0.09%)

SPX

S&P 500

$0.00

(0.00%)

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T

AT&T

$38.07

0.025 (0.07%)

20:35
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Hot Stocks
AT&T sets 2020 cost cut target of 4%, enters into accelerated $4B buyback »

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AEO

American Eagle

$15.13

-0.21 (-1.37%)

, PLCE

Children's Place

$70.67

0.68 (0.97%)

20:25
12/10/19
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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AEO

American Eagle

$15.13

-0.21 (-1.37%)

PLCE

Children's Place

$70.67

0.68 (0.97%)

UNFI

United Natural Foods

$9.88

0.19 (1.96%)

VRA

Vera Bradley

$12.05

-0.09 (-0.74%)

03/08/13
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SAGE

Sage Therapeutics

$63.23

0.55 (0.88%)

20:15
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Hot Stocks
Sage Therapeutics CSO buys 25K shares of common stock »

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SAGE

Sage Therapeutics

$63.23

0.55 (0.88%)

20:14
12/10/19
12/10
20:14
12/10/19
20:14
Hot Stocks
Sage Therapeutics CEO buys 7.5K shares of common stock »

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XP

XP

$0.00

(0.00%)

20:11
12/10/19
12/10
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Syndicate
XP 72.5M share IPO priced at $27.00 »

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  • 11

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PMT

PennyMac Mortgage

$22.75

-0.055 (-0.24%)

20:08
12/10/19
12/10
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20:08
Syndicate
PennyMac Mortgage 8M share Spot Secondary priced at $22.10 »

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  • 11

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SALM

Salem Media

$1.49

0.03 (2.05%)

19:48
12/10/19
12/10
19:48
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19:48
Hot Stocks
Salem Media cuts quarterly dividend to 2.5c from 6.5c per share »

The cash distribution…

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HROW

Harrow Health

$6.74

0.21 (3.22%)

19:46
12/10/19
12/10
19:46
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Hot Stocks
Surgical Eyedrop wins return of patent from Harrow Health »

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ZUMZ

Zumiez

$34.02

-0.67 (-1.93%)

19:32
12/10/19
12/10
19:32
12/10/19
19:32
Hot Stocks
Zumiez director sells 5.8K shares of common stock »

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TRC

Tejon Ranch

$16.07

0.02 (0.12%)

18:47
12/10/19
12/10
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Hot Stocks
Ken County board of supervisors reaffirms approval of Grapevine at Tejon Ranch »

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EXTR

Extreme Networks

$6.89

0.02 (0.29%)

, AVGO

Broadcom

$315.10

0.61 (0.19%)

18:43
12/10/19
12/10
18:43
12/10/19
18:43
Hot Stocks
Extreme Networks CEO: We've always been software driven »

In an interview on…

EXTR

Extreme Networks

$6.89

0.02 (0.29%)

AVGO

Broadcom

$315.10

0.61 (0.19%)

03/08/13
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WDFC

WD-40

$194.80

-0.94 (-0.48%)

18:36
12/10/19
12/10
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Hot Stocks
WD-40 names Garry Ridge as new board Chairman »

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  • 10

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ASPU

Aspen Group

$7.00

0.02 (0.29%)

, OLLI

Ollie's Bargain Outlet

$60.28

(0.00%)

18:34
12/10/19
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Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Aspen…

ASPU

Aspen Group

$7.00

0.02 (0.29%)

OLLI

Ollie's Bargain Outlet

$60.28

(0.00%)

PLAY

Dave & Buster's

$40.07

-0.2 (-0.50%)

PLT

Plantronics

$22.93

-0.44 (-1.88%)

CHH

Choice Hotels

$97.40

-0.03 (-0.03%)

LDOS

Leidos

$89.63

-0.47 (-0.52%)

GME

GameStop

$6.50

0.18 (2.85%)

CORV

Correvio

$1.39

(0.00%)

AQST

Aquestive Therapeutics

$7.60

-0.14 (-1.81%)

KIDS

OrthoPediatrics

$38.40

-0.35 (-0.90%)

MDGL

Madrigal Pharmaceuticals

$118.45

1.16 (0.99%)

RCKT

Rocket Pharmaceuticals

$24.22

1.22 (5.30%)

MNTA

Momenta

$18.09

0.19 (1.06%)

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NFLX

Netflix

$293.21

-9.27 (-3.06%)

, UBER

Uber

$27.89

0.18 (0.65%)

18:27
12/10/19
12/10
18:27
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18:27
Periodicals
Peru seeks sales taxes from Netflix, Uber, Spotify, Reuters says »

Claudia Suarez of the…

NFLX

Netflix

$293.21

-9.27 (-3.06%)

UBER

Uber

$27.89

0.18 (0.65%)

SPOT

Spotify

$145.73

-0.71 (-0.48%)

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  • 10

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UBS

UBS

$11.95

-0.07 (-0.58%)

18:25
12/10/19
12/10
18:25
12/10/19
18:25
Periodicals
Judge rebuffs UBS' effort to reject U.S. lawsuit, Reuters reports »

U.S. District Judge Margo…

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  • 10

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18:25
12/10/19
12/10
18:25
12/10/19
18:25
General news
Treasury Market Summary »

Treasury Market Summary:…

AKS

AK Steel

$3.41

0.08 (2.40%)

, MT

ArcelorMittal

$17.66

-0.05 (-0.28%)

18:22
12/10/19
12/10
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Hot Stocks
USW union expresses support for new USMCA »

United Steelworkers…

AKS

AK Steel

$3.41

0.08 (2.40%)

MT

ArcelorMittal

$17.66

-0.05 (-0.28%)

NUE

Nucor

$57.76

0.005 (0.01%)

STLD

Steel Dynamics

$34.89

-0.21 (-0.60%)

X

U.S. Steel

$13.88

-0.215 (-1.53%)

TMST

TimkenSteel

$7.23

0.12 (1.69%)

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CHH

Choice Hotels

$97.40

-0.03 (-0.03%)

, PLT

Plantronics

$22.93

-0.44 (-1.88%)

18:16
12/10/19
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Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

Choice Hotels…

CHH

Choice Hotels

$97.40

-0.03 (-0.03%)

PLT

Plantronics

$22.93

-0.44 (-1.88%)

VSI

Vitamin Shoppe

$6.50

0.005 (0.08%)

FRG

Franchise Group

$14.39

(0.00%)

03/08/13
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XP

XP

$0.00

(0.00%)

18:10
12/10/19
12/10
18:10
12/10/19
18:10
Syndicate
Breaking Syndicate news story on XP »

XP prices IPO at $27,…

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  • 11

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MSFT

Microsoft

$151.18

-0.17 (-0.11%)

17:50
12/10/19
12/10
17:50
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17:50
Hot Stocks
Microsoft, NTT in strategic alliance for enterprise digital transformation »

NTT Corporation and…

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  • 10

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GLD

SPDR Gold Shares

$137.96

0.37 (0.27%)

17:45
12/10/19
12/10
17:45
12/10/19
17:45
Hot Stocks
SPDR Gold Shares holdings fall to 885.93MT from 886.23MT »

This is the lowest level…

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CBZ

CBIZ

$27.10

0.16 (0.59%)

17:40
12/10/19
12/10
17:40
12/10/19
17:40
Hot Stocks
CBIZ chairman Gerard sells 64,000 common shares »

In a regulatory filing,…

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XERS

Xeris Pharmaceuticals

$8.99

0.14 (1.58%)

17:38
12/10/19
12/10
17:38
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17:38
Hot Stocks
Xeris Pharmaceuticals reports 'positive' phase 2 data in glucagon study »

Xeris Pharmaceuticals…

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