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UBER

Uber

$29.53

0.4 (1.37%)

18:17
11/26/19
11/26
18:17
11/26/19
18:17

CA court rules Uber drivers crossing state lines engage in interstate commerce

Bloomberg's Joel Rosenblatt reports that a judge in California ruled that Uber drivers who cross state lines or make airport runs engage in interstate commerce and may therefore be exempt from the company's arbitration requirement in employment disputes.

  • 04

    Dec

  • 04

    Dec

UBER Uber
$29.53

0.4 (1.37%)

11/22/19
11/22/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Duke Energy (DUK) double upgraded to Buy from Sell at Goldman Sachs with analyst Michael Lapides saying the shares lagged the sector index by 18% this year and most negative catalysts have already played out. 2. Uber (UBER) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying Uber's business fundamentals are "showing signs of sustainable improvement" while the current valuation "offers a more reasonable entry point." 3. L Brands (LB) upgraded to In Line from Underperform at Evercore ISI. 4. Site Centers (SITC) upgraded to Buy from Hold at Stifel with analyst Simon Yarmak saying he feels the "significant progress" made over the last couple of years, combined with the company's improved balance sheet, has set the company up to grow in the near-term, and should result in the company outperforming its peers over the next year. 5. Applied DNA Sciences (APDN) upgraded to Buy from Hold at Maxim. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/25/19
LOOP
11/25/19
NO CHANGE
Target $41
LOOP
Buy
Uber price target lowered to $41 from $48 at Loop Capital
Loop Capital analyst Jeffrey Kauffman lowered his price target on Uber to $41 but keeps his Buy rating and contends that the recent selling pressure has created an attractive entry opportunity. The analyst notes that the "significant revaluation" on Uber shares is driven by "sector-wide reduction in risk appetite" and lock-up expiration concerns rather than the company's business fundamentals. Kauffman recommends that investors accumulate the stock as lock-up selling starts to pass, adding that the "rational competition in US Rides" is a "very positive" which also offsets the competitive behavior in dynamic in the company's Eats and international Rides businesses.
11/26/19
MZHO
11/26/19
NO CHANGE
Target $45
MZHO
Buy
Uber likely to prevail in court after London suspension, says Mizuho
Mizuho analyst James Lee believes Uber Technologies will likely prevail in the courts after Transport for London declined its license renewal. The driver safety issue is immaterial relative to total rides in London, and Uber already resolved the problem, Lee tells investors in a research note. Further, Uber has a positive history of winning court decisions, gaining a provisional license in 2018, adds the analyst. He also thinks the appeal process should be less difficult this year "as the scope and scale of concerns are much smaller than last year." Lee believes Uber shares are undervalued and keeps a Buy rating on the name with a $45 price target.
11/26/19
MSCO
11/26/19
NO CHANGE
Target $55
MSCO
Overweight
Uber challenges in London and with safety aren't new, says Morgan Stanley
Morgan Stanley analyst Brian Nowak said the safety issues that Transport for London highlighted in its decision to not extend Uber's license as a private hire operator are not new, nor are challenges in London. Additionally, he sees the safety issues that TfL highlighted as impacting a very small percent of trips and believes the company has been developing facial recognition technology for London and all of its fleet that is among the reason he believes safety will eventually be a competitive advantage for Uber. Nowak keeps an Overweight rating and $55 price target on Uber shares and said the stock remains a top pick for 2020.

TODAY'S FREE FLY STORIES

09:58
12/09/19
12/09
09:58
12/09/19
09:58
Conference/Events
JPMorgan oil services/equip analyst to hold an analyst/industry conference call »

Oil Services &…

PCG

PG&E

$11.30

1.65 (17.10%)

, SIG

Signet Jewelers

$21.05

0.48 (2.33%)

09:55
12/09/19
12/09
09:55
12/09/19
09:55
Options
Early notable gainers among liquid option names on December 9th »

Notable gainers among…

PCG

PG&E

$11.30

1.65 (17.10%)

SIG

Signet Jewelers

$21.05

0.48 (2.33%)

SWKS

Skyworks

$104.20

2.8 (2.76%)

FCX

Freeport McMoRan

$11.97

0.33 (2.84%)

FTV

Fortive

$75.51

2.65 (3.64%)

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    Dec

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09:55
12/09/19
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09:55
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09:55
Conference/Events
JPMorgan homebuilding analyst to hold an analyst/industry conference call »

Homebuilding &…

09:55
12/09/19
12/09
09:55
12/09/19
09:55
Conference/Events
JPMorgan business services analyst to hold analyst/industry conference call »

Business &…

FTSV

Forty Seven

$17.61

3.21 (22.29%)

09:53
12/09/19
12/09
09:53
12/09/19
09:53
Hot Stocks
Breaking Hot Stocks news story on Forty Seven »

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  • 09

    Dec

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    Dec

TTWO

Take-Two

$119.55

-4.21 (-3.40%)

09:53
12/09/19
12/09
09:53
12/09/19
09:53
Recommendations
Take-Two analyst commentary  »

Take-Two's BioShock…

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  • 13

    Dec

  • 13

    Dec

HY

Hyster-Yale Materials

$60.47

0.66 (1.10%)

09:52
12/09/19
12/09
09:52
12/09/19
09:52
Conference/Events
Hyster-Yale Materials management to meet with Sidoti »

Meeting to be held in…

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    Feb

ZS

Zscaler

$47.38

0.66 (1.41%)

09:50
12/09/19
12/09
09:50
12/09/19
09:50
Options
Funky call sale in ZScaler at market-open »

Funky call sale in…

03/08/13
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03/08/13
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  • 09

    Dec

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    Dec

  • 16

    Dec

RTRX

Retrophin

$13.31

0.05 (0.38%)

09:50
12/09/19
12/09
09:50
12/09/19
09:50
Conference/Events
Retrophin management to meet with JMP Securities »

Meeting to be held in New…

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  • 10

    Dec

ARQL

ArQule

$19.61

9.94 (102.79%)

, LLY

Eli Lilly

$119.52

-0.07 (-0.06%)

09:49
12/09/19
12/09
09:49
12/09/19
09:49
Conference/Events
Wolfe Research biotech analyst to hold an analyst/industry webcast »

Biotech Analyst Tewari…

ARQL

ArQule

$19.61

9.94 (102.79%)

LLY

Eli Lilly

$119.52

-0.07 (-0.06%)

MRK

Merck

$88.76

-0.08 (-0.09%)

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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  • 09

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    Jan

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    Jan

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    Mar

XFOR

X4 Pharmaceuticals

$10.60

(0.00%)

09:48
12/09/19
12/09
09:48
12/09/19
09:48
Upgrade
X4 Pharmaceuticals rating change  »

X4 Pharmaceuticals…

03/08/13
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03/08/13
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FTSV

Forty Seven

$15.86

1.46 (10.14%)

09:48
12/09/19
12/09
09:48
12/09/19
09:48
Hot Stocks
Breaking Hot Stocks news story on Forty Seven »

Forty Seven trading…

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  • 09

    Dec

  • 09

    Dec

KOS

Kosmos

$5.41

-0.62 (-10.28%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
Kosmos falls -10.6% »

Kosmos is down -10.6%, or…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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UGAZ

VelocityShares 3x Long Natural Gas ETN

$7.93

-1.42 (-15.19%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
VelocityShares 3x Long Natural Gas ETN falls -15.2% »

VelocityShares 3x Long…

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DPLO

Diplomat Pharmacy

$3.97

-1.855 (-31.87%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
Diplomat Pharmacy falls -31.7% »

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SPCE

Virgin Galactic

$8.04

0.76 (10.44%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
Virgin Galactic rises 10.4% »

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  • 10

    Dec

PCG

PG&E

$11.05

1.4 (14.51%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
PG&E rises 14.7% »

PG&E is up 14.7%, or…

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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  • 07

    Jan

DGAZ

VelocityShares 3x Inv Natural Gas ETN

$180.50

24.71 (15.86%)

09:47
12/09/19
12/09
09:47
12/09/19
09:47
Hot Stocks
VelocityShares 3x Inv Natural Gas ETN rises 16.0% »

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RBB

RBB Bancorp

$20.42

(0.00%)

09:45
12/09/19
12/09
09:45
12/09/19
09:45
Conference/Events
RBB Bancorp management to meet with Sandler O'Neill »

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  • 10

    Dec

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    Dec

09:45
12/09/19
12/09
09:45
12/09/19
09:45
General news
Treasury 3-year auction outlook: the $38 B sale leads off »

Treasury 3-year auction…

TTWO

Take-Two

$123.76

(0.00%)

09:44
12/09/19
12/09
09:44
12/09/19
09:44
Hot Stocks
Take-Two says newly-formed 'Cloud Chamber' studio developing next BioShock game »

2K, a publishing label of…

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  • 13

    Dec

  • 13

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ALPN

Alpine Immune Sciences

$3.02

(0.00%)

09:40
12/09/19
12/09
09:40
12/09/19
09:40
Hot Stocks
Alpine Immune Sciences presents ALPN-101 Phase 1 healthy volunteer study data »

Alpine Immune Sciences…

03/08/13
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JBLU

JetBlue

$19.03

(0.00%)

, SPCE

Virgin Galactic

$7.28

(0.00%)

09:40
12/09/19
12/09
09:40
12/09/19
09:40
Options
Unusually active option classes on open December 9th »

Unusual total active…

JBLU

JetBlue

$19.03

(0.00%)

SPCE

Virgin Galactic

$7.28

(0.00%)

CHWY

Chewy

$24.93

(0.00%)

VLO

Valero

$93.62

(0.00%)

DELL

Dell Technologies

$47.09

(0.00%)

CRWD

Crowdstrike

$50.89

(0.00%)

ZS

Zscaler

$46.72

(0.00%)

LULU

Lululemon

$229.50

(0.00%)

CGC

Canopy Growth

$18.65

(0.00%)

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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  • 09

    Dec

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    Dec

  • 09

    Dec

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    Dec

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    Dec

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    Dec

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    Dec

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    Feb

  • 09

    Dec

KALV

KalVista

$14.36

0.25 (1.77%)

, MRK

Merck

$88.84

0.09 (0.10%)

09:37
12/09/19
12/09
09:37
12/09/19
09:37
Recommendations
KalVista, Merck analyst commentary  »

Roth says KalVista trial…

KALV

KalVista

$14.36

0.25 (1.77%)

MRK

Merck

$88.84

0.09 (0.10%)

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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  • 10

    Dec

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    Jan

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    Jan

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    Feb

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    Mar

PSTL

Postal Realty Trust

$15.85

0.15 (0.96%)

09:34
12/09/19
12/09
09:34
12/09/19
09:34
Conference/Events
Postal Realty Trust management to meet with DA Davidson »

Meeting to be held in the…

03/08/13
Wedge Partners
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  • 10

    Dec

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