Breaking News Instant updates and real-time market news.

NFLX

Netflix

$310.48

-1.4 (-0.45%)

, DIS

Disney

$148.25

1.34 (0.91%)

17:33
11/22/19
11/22
17:33
11/22/19
17:33

Netflix internal data shows company not hurt by Disney+, Bloomberg says

Netflix's (NFLX) internal data indicates that the company hasn't been hurt just yet by the launch of competing services from Disney (DIS) and Apple (AAPL), Bloomberg's Lucas Shaw reports, citing a person briefed on the streaming giant's subscriber information.

NFLX

Netflix

$310.48

-1.4 (-0.45%)

DIS

Disney

$148.25

1.34 (0.91%)

AAPL

Apple

$261.81

-0.23 (-0.09%)

  • 09

    Dec

  • 10

    Dec

NFLX Netflix
$310.48

-1.4 (-0.45%)

11/15/19
JPMS
11/15/19
NO CHANGE
JPMS
Overweight
JPMorgan adds Lyft to list of top Internet picks
Earlier, JPMorgan analyst Doug Anmuth added Lyft (LYFT) to his list of top picks in the internet sector following third quarter earnings, saying the ride-hailing giant reported "significantly" better than expected revenue and EBITDA as it continues to take share of an increasingly rational U.S. rideshare market, thereby accelerating its path to profitability. Anmuth said that Lyft, which joins Facebook (FB), Amazon (AMZN), and Netflix (NFLX) in his top picks in the sector, also reiterated its expectation for consolidated EBITDA profit by the fourth quarter of 2021, though he continues to believe core rideshare can be profitable "well before that," likely sometime in 2020. The analyst, who has an Overweight rating on Lyft, noted that he removed Twitter (TWTR) and IAC/InterActive (IAC) from his top picks.
11/18/19
SOCG
11/18/19
NO CHANGE
Target $200
SOCG
Sell
Societe Generale sees big downside in Netflix shares with 'uniqueness' eroding
A "wider competitive set" has started to dilute Netflix's (NFLX) perceived "uniqueness" and will probably restrain its pricing power in the short term, Societe Generale analyst Christophe Cherblanc tells investors in a research note. The low price points set by Disney+ (DIS) at $6.99 per month and Apple TV+ (AAPL) at $4.99 per month will likely make Netflix more cautious exercising its pricing power, Cherblanc contends. Further, he believes the company's 2019 price increases have had a slightly higher than expected impact on U.S. churn. The analyst keeps a Sell rating on Netflix with a $200 price target. The streaming service closed Friday up $5.41 to $295.03. Despite the recent pullback, the shares still have "significant downside" risk, Cherblanc contends. Nonetheless, the analyst thinks Netflix will retain a dominant position in a "rapidly expanding" over-the-top market and deliver steady margin expansion.
11/22/19
PIPR
11/22/19
NO CHANGE
Target $400
PIPR
Overweight
Piper survey finds one third of U.S. Netflix subscribers want Disney+
Disney's (DIS) streaming service has now been out for ten days and current Netflix (NFLX) subscribers appear to have a fairly strong interest in the service, Piper Jaffray analyst Michael Olson tells investors in a research note. The analyst surveyed 1,700 domestic Netflix subscribers to gauge interest in Disney+ and found that 33% expect to subscribe to Disney+, up from 28% in September and 27% in April. Increasing awareness of the service is driving rising subscriber interest, says the analyst. However, Olson points out that despite rising interest in Disney+, he has seen a "consistent indication" that only a mid-single digit percentage of Netflix subscribers expect to cancel in favor of Disney+. Further, at any given time, there is a single digit percentage of Netflix subscribers that expect to cancel the service in the next few months, adds the analyst. Olson still expects Netflix will continue to capture a significant portion of traditional content dollars as they migrate to streaming. He maintains an Overweight rating on the shares with a $400 price target. The stock closed Thursday up $6.53 to $311.69.
11/22/19
NOMU
11/22/19
NO CHANGE
Target $300
NOMU
Neutral
Netflix seeing 'muted' impact from Disney+ launch, says Nomura Instinet
Nomura Instinet analyst Mark Kelley says data suggests that Netflix (NFLX) is seeing a "muted" impact from the launch of Disney's (DIS) streaming service. Plans for Disney+ start at $7 per month, a notable discount from Netflix's standard plan starting at $13 per month, Kelley tells investors in a research note. He keeps a Neutral rating on Netflix shares with a $300 price target. Piper Jaffray this morning said its survey found that one third of U.S. Netflix subscribers expect to sign up for Disney+.
DIS Disney
$148.25

1.34 (0.91%)

11/19/19
RSBL
11/19/19
NO CHANGE
Target $175
RSBL
Rosenblatt boosts Disney target to $175 after second streaming survey
Following his second streaming video survey over the weekend, Rosenblatt analyst Bernie McTernan raised his price target for Disney to $175 from $170 and reiterated the shares as his top pick in Media. The analyst now assumes 21M global Disney+ subscribers at the end of December and 35M at the end of fiscal 2020. The analyst says awareness of Disney+ increased dramatically from his last survey. 84% of respondents indicated they were aware of Disney's streaming service, up from 63% in his prior survey published on October 27. McTernan believes Disney+ current has 15M-20M subscribers. He reiterates a Buy rating on Disney shares.
11/20/19
IMPC
11/20/19
NO CHANGE
Target $143
IMPC
In-Line
Imperial Capital ups Disney target to $143 ahead of Frozen 2 debut
Imperial Capital analyst David Miller raised his price target for Disney to $143 from $141 with Frozen 2 set to debt on roughly 6,950 screens. This should "materially improve" the U.S. box office pacing number, Miller tells investors in a research note. The analyst keeps an In-Line rating on Disney shares.
AAPL Apple
$261.81

-0.23 (-0.09%)

11/15/19
JPMS
11/15/19
NO CHANGE
Target $290
JPMS
Overweight
JPMorgan ups Apple target to $290 on 'underappreciated' advertising opportunity
JPMorgan analyst Samik Chatterjee raised his price target for Apple to $290 from $280 and reiterates an Overweight rating on the shares. Following the stock's strong run, investor attention is increasingly focusing on identifying new avenues of Services revenue growth beyond the current ventures, such as Apple Music, Apple Pay, Apple Arcade, and its latest, Apple TV+, "which are still very much in early innings," Chatterjee tells investors in a research note. However, he believes "hidden in plain sight and underappreciated by most" is Apple's advertising opportunity. The analyst highlights the "secular migration" of advertising dollars to mobile platforms and Apple's large installed base of close to 1B iPhone users. Chatterjee estimates that if Apple were willing to accelerate monetization of advertising through an expansion of its current efforts with Apple Search Ads as well as adopting new strategies around Apple TV, it could expand advertising revenues 33% per annum to $11B in fiscal 2020 from an estimated ~$2B currently. Piper Jaffray this morning also raised its price target on Apple to $290.
11/19/19
FBCO
11/19/19
NO CHANGE
Target $221
FBCO
Neutral
Apple's iPhone unit trends remain 'solid,' says Credit Suisse
Credit Suisse analyst Matthew Cabral tells investors in a research note that nearly two months into the iPhone 11 cycle, data points continue to suggest a meaningful improvement in units y/y. Government data suggests iPhone units are up 6% y/y in China over September and October combined, with Cabal adding that his firm's tracking data suggesting the iPhone has yet to hit full supply/demand balance eight weeks post-launch. While Cabral says he is "on board" with the idea that the shift toward Services deserves a higher multiple over time, he "struggles" with continued P/E expansion seemingly led by firming iPhone data points rather than Services-driven upside. The analyst keeps a Neutral rating and $221 price target on Apple shares.
11/19/19
WEDB
11/19/19
NO CHANGE
Target $325
WEDB
Outperform
China the 'linchpin' of success on Apple iPhone supply chain, says Wedbush
Wedbush analyst Daniel Ives tells investors in a research note that President Trump is expected to visit Apple's tech manufacturing facility in Austin, Texas along with CEO Tim Cook in what he calls a key strategic visit for the company. While Ives says he sees more AI and hardware manufacturing coming out of the U.S., India, and potentially Vietnam down the road, for the foreseeable future China remains the "linchpin" of success on the iPhone supply chain with Cook needing to "play nice in the sandbox" both in the U.S. as well as in China to make sure no new roadblocks appear that could derail this potential "5G super cycle" heading into 2020. He keeps an Outperform rating and $325 price target on Apple shares.

TODAY'S FREE FLY STORIES

CDE

Coeur Mining

$5.86

-1.17 (-16.64%)

05:41
01/21/20
01/21
05:41
01/21/20
05:41
Downgrade
Coeur Mining rating change  »

Coeur Mining downgraded…

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

  • 20

    Feb

LGF.B

Lionsgate

$10.32

-0.305 (-2.87%)

05:39
01/21/20
01/21
05:39
01/21/20
05:39
Downgrade
Lionsgate rating change  »

Lionsgate downgraded to…

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

  • 06

    Feb

USB

U.S. Bancorp

$55.33

0.14 (0.25%)

05:36
01/21/20
01/21
05:36
01/21/20
05:36
Downgrade
U.S. Bancorp rating change  »

U.S. Bancorp downgraded…

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

  • 06

    Feb

  • 15

    Apr

CHGG

Chegg

$43.36

0.64 (1.50%)

05:34
01/21/20
01/21
05:34
01/21/20
05:34
Recommendations
Chegg analyst commentary  »

Chegg price target raised…

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

  • 10

    Feb

  • 19

    Feb

ROKU

Roku

$130.35

-0.76 (-0.58%)

05:33
01/21/20
01/21
05:33
01/21/20
05:33
Hot Stocks
Roku announces arrival in Brazil through partnership with AOC »

Roku announced its…

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

  • 13

    Feb

RNR

RenaissanceRe

$193.19

0.235 (0.12%)

05:32
01/21/20
01/21
05:32
01/21/20
05:32
Initiation
RenaissanceRe initiated  »

RenaissanceRe initiated…

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

  • 05

    Feb

  • 26

    Feb

RE

Everest Re

$279.96

2.455 (0.88%)

05:31
01/21/20
01/21
05:31
01/21/20
05:31
Initiation
Everest Re initiated  »

Everest Re initiated with…

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

    Feb

COST

Costco

$304.68

1.83 (0.60%)

05:31
01/21/20
01/21
05:31
01/21/20
05:31
Upgrade
Costco rating change  »

Costco upgraded to…

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

  • 22

    Jan

  • 05

    Mar

HIG

Hartford Financial

$61.20

0.925 (1.53%)

05:30
01/21/20
01/21
05:30
01/21/20
05:30
Initiation
Hartford Financial initiated  »

Hartford Financial…

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

  • 04

    Feb

UBS

UBS

$13.13

-0.06 (-0.45%)

05:29
01/21/20
01/21
05:29
01/21/20
05:29
Hot Stocks
UBS agrees to sell majority stake in UBS Fondcenter to Clearstream »

UBS Group AG and UBS AG…

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

    Jan

AIG

AIG

$52.88

0.52 (0.99%)

05:29
01/21/20
01/21
05:29
01/21/20
05:29
Initiation
AIG initiated  »

AIG initiated with a…

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

TRV

Travelers

$140.72

1.85 (1.33%)

05:28
01/21/20
01/21
05:28
01/21/20
05:28
Initiation
Travelers initiated  »

Travelers initiated with…

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

  • 23

    Jan

CB

Chubb

$153.67

1 (0.66%)

05:28
01/21/20
01/21
05:28
01/21/20
05:28
Initiation
Chubb initiated  »

Chubb initiated with a…

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

  • 05

    Feb

PGR

Progressive

$76.29

0.85 (1.13%)

05:27
01/21/20
01/21
05:27
01/21/20
05:27
Initiation
Progressive initiated  »

Progressive initiated…

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

ALL

Allstate

$117.54

1.39 (1.20%)

05:26
01/21/20
01/21
05:26
01/21/20
05:26
Initiation
Allstate initiated  »

Allstate initiated with a…

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

  • 05

    Feb

  • 26

    Feb

  • 13

    Mar

UBS

UBS

$13.13

-0.06 (-0.45%)

05:26
01/21/20
01/21
05:26
01/21/20
05:26
Hot Stocks
UBS targeting RoCET1 of 12%-15% om 2020-2022 »

UBS provided 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

  • 21

    Jan

WLTW

Willis Towers Watson

$204.95

0.76 (0.37%)

05:25
01/21/20
01/21
05:25
01/21/20
05:25
Initiation
Willis Towers Watson initiated  »

Willis Towers Watson…

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

  • 22

    Jan

  • 28

    Jan

  • 06

    Feb

  • 10

    Feb

  • 11

    Feb

  • 11

    Feb

MMC

Marsh & McLennan

$114.11

1.32 (1.17%)

05:24
01/21/20
01/21
05:24
01/21/20
05:24
Initiation
Marsh & McLennan initiated  »

Marsh & McLennan…

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

  • 28

    Jan

  • 30

    Jan

AON

Aon plc

$211.77

1.66 (0.79%)

05:24
01/21/20
01/21
05:24
01/21/20
05:24
Initiation
Aon plc initiated  »

Aon plc initiated with a…

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

  • 28

    Jan

  • 31

    Jan

  • 26

    Feb

UBS

UBS

$13.13

-0.06 (-0.45%)

05:24
01/21/20
01/21
05:24
01/21/20
05:24
Earnings
UBS reports Q4 EPS 19c, one estimate 18c »

Reports Q4 adjusted…

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

    Jan

PING

Ping Identity

$25.68

-0.34 (-1.31%)

05:19
01/21/20
01/21
05:19
01/21/20
05:19
Downgrade
Ping Identity rating change  »

Ping Identity downgraded…

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

RNG

RingCentral

$192.99

2.36 (1.24%)

, AVYA

Avaya

$12.97

(0.00%)

05:17
01/21/20
01/21
05:17
01/21/20
05:17
Upgrade
RingCentral, Avaya rating change  »

RingCentral upgraded to…

RNG

RingCentral

$192.99

2.36 (1.24%)

AVYA

Avaya

$12.97

(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

LOGI

Logitech

$46.57

-0.37 (-0.79%)

05:15
01/21/20
01/21
05:15
01/21/20
05:15
Earnings
Logitech backs FY20 revenue guidance of mid to high single-digit growth »

Backs FY20 non-GAAP…

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

    Jan

GLNCY

Glencore

$0.00

(0.00%)

05:14
01/21/20
01/21
05:14
01/21/20
05:14
Upgrade
Glencore rating change  »

Glencore upgraded to Buy…

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

LOGI

Logitech

$46.57

-0.37 (-0.79%)

05:14
01/21/20
01/21
05:14
01/21/20
05:14
Earnings
Logitech reports Q3 EPS 84c, consensus 79c »

Reports Q3 revenue $903M,…

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

    Jan

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.