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EBAY

eBay

$35.86

0.74 (2.11%)

09:21
11/26/19
11/26
09:21
11/26/19
09:21

eBay sale of StubHub encouraging, says DA Davidson

DA Davidson analyst Tom Forte keeps his Buy rating and $47 price target on eBay after its announced sale of StubHub, saying the deal represents a "meaningful way" to unlock shareholder value and should improve the management's ability to return its core marketplace business to "steady, single-digit revenue growth." The analyst is positive on eBay's focus on "sales growth with meaningful free cash-flow generation", noting that its strategic review has facilitated a continued improvement in its operating metrics and a more shareholder-friendly capital allocation strategy. Forte expects eBay to next divest its eBay Classified's unit.

EBAY eBay
$35.86

0.74 (2.11%)

10/24/19
10/24/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Ford (F) downgraded to Hold from Buy at Deutsche Bank with analyst Emmanuel Rosner saying he sees "continued earnings outlook deterioration" following Ford (F)'s Q3 results. 2. eBay (EBAY) downgraded to Market Perform from Outperform at Raymond James and to Hold from Buy at Aegis. 3. Cadence Bancorp (CADE) downgraded to Neutral from Overweight at JPMorgan and Piper Jaffray. 4. Ormat Technologies (ORA) downgraded to Market Perform from Outperform at Cowen. 5. iRobot (IRBT) downgraded to Neutral from Buy at BofA/Merrill with analyst John Babcock saying he reduced his estimates following iRobot's Q3 results and preliminary 2020 guidance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/18/19
BMOC
11/18/19
NO CHANGE
Target $46
BMOC
Outperform
eBay's Promoted Listing underappreciated by the Street, says BMO Capital
BMO Capital analyst Daniel Salmon is keeping his Outperform rating and $46 price target on eBay in the wake of last month's earnings, saying the consensus view continues to underestimate the incremental earnings power of the company's Promoted Listings business. The analyst contends that the conclusion of the strategic review remains a catalyst for eBay, even though the Internet sales tax headwind remains an issue and should continue to grow through Q4.
11/25/19
BNCH
11/25/19
NO CHANGE
Target $45
BNCH
Buy
eBay sale of StubHub a 'healthy first step,' says Benchmark
Benchmark analyst Daniel Kurnos said he had become concerned that a seeming lack of progress at eBay would either impair the valuation or lead to a failure to monetize, leading him to view the sale of StubHub to Viagogo for $4.05B in cash as "a win for eBay" and a "healthy first step." While the per share impact is relatively muted given eBay's size, the deal is "nicely value accretive" if the proceeds go to a combination of paying down debt and buying back shares, Kurnos added. The analyst, who acknowledges "2020 is rife with uncertainty," keeps a Buy rating and $45 price target on eBay shares as he feels the company still has significant value to unlock via asset sales, payments and promoted listings.
11/26/19
BARD
11/26/19
NO CHANGE
Target $44
BARD
Outperform
eBay volume declines appear in-line with expectations, says Baird
Baird analyst Colin Sebastian said his proprietary survey shows quarter-to-date volume trends are generally steady with November and consistent with his forecast for Q4. He notes that internet sales tax collection, marketing shift, and fewer holiday shopping days remain headwinds, but he believes they were contemplated in company guidance. He likes the stock in the mid-$30's. Sebastian maintained his Outperform rating and $44 price target on eBay shares.

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BILL

Bill.com

$0.00

(0.00%)

23:41
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FTSV

Forty Seven

$36.00

1.4 (4.05%)

23:39
12/11/19
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Syndicate
Forty Seven 4.86M share Spot Secondary priced at $35.00 »

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NCR

NCR Corp.

$32.60

0.16 (0.49%)

20:34
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Hot Stocks
NCR enters consent decree to resolve claims related to Kalamazoo River matter »

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    Dec

CIEN

Ciena

$35.45

0.75 (2.16%)

, LOVE

Lovesac

$14.49

0.05 (0.35%)

20:25
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Earnings
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CIEN

Ciena

$35.45

0.75 (2.16%)

LOVE

Lovesac

$14.49

0.05 (0.35%)

VERU

Veru

$2.47

0.17 (7.39%)

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CHEF

Chefs' Warehouse

$35.51

-0.06 (-0.17%)

20:24
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Initiation
Chefs' Warehouse initiated at Piper Jaffray »

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  • 12

    Dec

HSBC

HSBC

$37.15

0.44 (1.20%)

20:13
12/11/19
12/11
20:13
12/11/19
20:13
Upgrade
HSBC rating change at BofA/Merrill »

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PLCE

Children's Place

$54.36

-16.31 (-23.08%)

19:54
12/11/19
12/11
19:54
12/11/19
19:54
Downgrade
Children's Place rating change at Wedbush »

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  • 11

    Dec

LVGO

Livongo Health

$27.55

1.48 (5.68%)

19:43
12/11/19
12/11
19:43
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19:43
Syndicate
Livongo Health 2.78M share Secondary priced at $27.00 »

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  • 12

    Dec

CVX

Chevron

$116.22

-1.68 (-1.42%)

19:42
12/11/19
12/11
19:42
12/11/19
19:42
Periodicals
Chevron said to be close to approving Gulf of Mexico project, Bloomberg says »

Bloomberg's Kevin…

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RH

RH

$233.00

0.03 (0.01%)

19:27
12/11/19
12/11
19:27
12/11/19
19:27
Hot Stocks
RH CEO sold 500,000 common shares of company from Dec 9 through Dec 11 »

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CRWD

Crowdstrike

$47.74

0.18 (0.38%)

19:17
12/11/19
12/11
19:17
12/11/19
19:17
Hot Stocks
Crowdstrike CFO sells 215K shares of common stock »

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  • 12

    Dec

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    Dec

GLD

SPDR Gold Shares

$138.94

0.98 (0.71%)

19:00
12/11/19
12/11
19:00
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19:00
Hot Stocks
SPDR Gold Shares holdings rise to 886.22MT from 885.93MT »

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DIS

Disney

$147.70

1.58 (1.08%)

, GOOG

Alphabet

$1,345.14

0.64 (0.05%)

18:59
12/11/19
12/11
18:59
12/11/19
18:59
Periodicals
Disney Plus was Google's most searched term in U.S. this year, TechCrunch says »

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DIS

Disney

$147.70

1.58 (1.08%)

GOOG

Alphabet

$1,345.14

0.64 (0.05%)

GOOGL

Alphabet Class A

$1,344.65

1.61 (0.12%)

AAPL

Apple

$270.71

2.09 (0.78%)

T

AT&T

$38.17

0.1 (0.26%)

NFLX

Netflix

$299.25

6.04 (2.06%)

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  • 11

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DLHC

DLH Holdings

$4.58

0.525 (12.96%)

, FORM

FormFactor

$23.77

0.57 (2.46%)

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Fly Intel: After Hours Movers »

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DLHC

DLH Holdings

$4.58

0.525 (12.96%)

FORM

FormFactor

$23.77

0.57 (2.46%)

LULU

Lululemon

$233.31

3.75 (1.63%)

NX

Quanex

$19.72

0.68 (3.57%)

TLRD

Tailored Brands

$4.85

-0.42 (-7.97%)

NDSN

Nordson

$167.44

1.69 (1.02%)

MESA

Mesa Air

$9.25

0.17 (1.87%)

OXM

Oxford Industries

$74.07

-1.89 (-2.49%)

AKTS

Akoustis

$7.60

0.11 (1.47%)

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TTD

Trade Desk

$250.44

0.13 (0.05%)

18:57
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Trade Desk CEO: We don't own any media »

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RACE

Ferrari

$165.20

0.37 (0.22%)

18:45
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Hot Stocks
Ferrari enters into new EUR 350M credit facility »

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RIBT

RiceBran

$2.09

-0.105 (-4.79%)

18:43
12/11/19
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Syndicate
RiceBran offers to sell common stock, no amount given »

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VMW

VMware

$151.00

2.27 (1.53%)

, TSLA

Tesla

$352.40

3.58 (1.03%)

18:42
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VMware's Poonen: Our networking business is on fire »

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VMW

VMware

$151.00

2.27 (1.53%)

TSLA

Tesla

$352.40

3.58 (1.03%)

DELL

Dell Technologies

$47.73

0.37 (0.78%)

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SMTC

Semtech

$47.36

0.48 (1.02%)

18:38
12/11/19
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Hot Stocks
Semtech director sells 19.3K shares of common stock »

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  • 07

    Jan

CS

Credit Suisse

$12.95

-0.115 (-0.88%)

18:29
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Periodicals
Former Credit Suisse JV exec claims she was put under surveillance, WSJ says »

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  • 11

    Dec

PANW

Palo Alto Networks

$226.76

1.71 (0.76%)

18:22
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Palo Alto Networks CEO: No systematic problem with our sales »

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  • 08

    Jan

PBYI

Puma Biotechnology

$8.71

0.24 (2.83%)

18:08
12/11/19
12/11
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18:08
Hot Stocks
Puma Biotechnology presents Phase II results of neratinib in breast cancer »

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GTHX

G1 Therapeutics

$23.06

-0.18 (-0.77%)

18:05
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Hot Stocks
G1 Therapeutics presents data from Phase 1b/2a trial of lerociclib at SABCS »

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