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NEWR

New Relic

$66.01

-2.645 (-3.85%)

08:25
12/12/19
12/12
08:25
12/12/19
08:25

New Relic to host investor day

Investor day to be held in New York on December 12 at 9 am. Webcast Link

  • 12

    Dec

NEWR New Relic
$66.01

-2.645 (-3.85%)

10/02/19
RHCO
10/02/19
INITIATION
RHCO
SunTrust initiates infrastructure and security sector
SunTrust analyst Joel Fishbein initiated fourteen stocks in the infrastructure and security sector. Regarding infrastructure, he said he believes "we are in the 3rd inning of a multi year (even multi-decade) opportunity" and projected on-demand penetration of 70% by 2028, adding that "spending on cloud software is projected to grow at ~3x the overall software market rate, resulting in a greater than $208B market opportunity through 2025." However, Fishbein cautioned to "stay selective" as while he is bullish on the underlying trends, "too many investors are chasing too few stories." For cybersecurity, Fishbein noted that it remains a top priority for the corporations, and cited the IDC stating that "worldwide spending on security-related hardware, software, and services is forecast to reach $133.7B in 2022 at a compound annual growth rate of 9.9%." He believes that emerging vendors with innovative technology are growing much faster, and sees a "shift in spending from legacy security providers to next generation technology providers and multi-product platforms." The analyst started eight names with Buy ratings -- Atlassian (TEAM), New Relic (NEWR), ServiceNow (NOW), Splunk (SPLK), Palo Alto Networks (PANW), Rapid7 (RPD), SailPoint (SAIL), and Zscaler (ZS). The other six names Fishbein started with Hold ratings -- PagerDuty (PD), Check Point (CHKP), FireEye (FEYE), Proofpoint (PFPT), Qualys (QLYS), and Tenable Holdings (TENB).
10/11/19
OPCO
10/11/19
NO CHANGE
OPCO
Oppenheimer lowers price targets for MongoDB, Twilio, New Relic ahead of reports
Oppenheimer analyst Ittai Kidron said he expects solid results from the Analytics, Collaboration, and Infrastructure software group, though upside may be more constrained given several vendors face tougher year-over year comparisons and it seems investors have become more sensitive to high valuations. While he said MongoDB (MDB), Twilio (TWLO), Smartsheet (SMAR) and Elastic (ESTC) remain top picks, he sees lower near-term upside given tough comps in the second half and sees them as better positioned to deliver bigger upside in calendar 2020, Kidron tells investors in his group preview. Ahead of results from the group, Kidron lowered his price target for MongoDB to $155 from $180, for Twilio to $145 from $160 and for New Relic (NEWR) to $80 from $85. He also noted that he is bullish on Alteryx (AYX), Atlassian (TEAM) and VMware (VMW).
10/24/19
MSCO
10/24/19
NO CHANGE
MSCO
Morgan Stanley says Datadog has best setup in infrastructure software
Morgan Stanley analyst Sanjit Singh said the infrastructure software market's "state of flux," combined with renewed worries on the spending environment, has resulted in several in the space underperforming the market year-to-date, including New Relic (NEWR), Pivotal (PVTL), Cloudera (CLDR) and PagerDuty (PD). Heading into 3Q reports from the group, he sees Datadog (DDOG) having the most business momentum and best quarterly setup and views it as one of the few in the space that can accelerate growth on a year-over-year basis, Singh said in his earnings preview for the group. While he is looking for Datadog to "highlight its leadership status" in its first quarterly report as a public company, Singh maintains an Equal Weight rating and $39 price target on the stock.
11/06/19
BMOC
11/06/19
NO CHANGE
Target $68
BMOC
Outperform
New Relic price target lowered to $68 from $71 at BMO Capital
BMO Capital analyst Keith Bachman lowered his price target on New Relic to $68 in spite of its Q2 earnings beat and raised FY20 guidance, citing its "disappointing" pace of progress with no traction in new products. The analyst still keeps his Outperform rating on the stock with a view of "meaningful improvement" in its product portfolio, but believes that the recovery will be a "much longer journey".

TODAY'S FREE FLY STORIES

BBD

Banco Bradesco

$7.99

-0.445 (-5.28%)

13:35
01/21/20
01/21
13:35
01/21/20
13:35
Options
Banco Bradesco put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 05

    Feb

HCMLY

LafargeHolcim

$0.00

(0.00%)

13:30
01/21/20
01/21
13:30
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13:30
Downgrade
LafargeHolcim rating change  »

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AWI

Armstrong World

$103.07

1.07 (1.05%)

13:29
01/21/20
01/21
13:29
01/21/20
13:29
Upgrade
Armstrong World rating change  »

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BDRBF

Bombardier

$0.00

(0.00%)

, ALSMY

Alstom

$0.00

(0.00%)

13:25
01/21/20
01/21
13:25
01/21/20
13:25
Periodicals
Bombardier in talks to combine rail unit with Alstom, Bloomberg reports »

Bombardier (BDRBF) is…

BDRBF

Bombardier

$0.00

(0.00%)

ALSMY

Alstom

$0.00

(0.00%)

03/08/13
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  • 13

    Feb

TSLA

Tesla

$541.60

31.26 (6.13%)

13:25
01/21/20
01/21
13:25
01/21/20
13:25
Periodicals
Tesla in settlement deal with Michigan over sales ban, Bloomberg says »

A Tesla settlement filing…

03/08/13
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03/06/13
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  • 29

    Jan

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  • 23

    Mar

IQ

iQIYI

$23.85

-0.06 (-0.25%)

13:25
01/21/20
01/21
13:25
01/21/20
13:25
Options
iQiyi call volume above normal and directionally bullish »

Bullish option flow…

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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  • 06

    Feb

13:25
01/21/20
01/21
13:25
01/21/20
13:25
General news
U.S. corporate bond update: a heavy calendar is building »

U.S. corporate bond…

13:25
01/21/20
01/21
13:25
01/21/20
13:25
Conference/Events
Wolfe Research tech strategist to hold an analyst/industry webcast »

Tech Strategist…

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$332.09

0.08 (0.02%)

13:19
01/21/20
01/21
13:19
01/21/20
13:19
Periodicals
CDC to announce first case of Wuhan coronavirus reported in U.S., CNN says »

AnneClaire Stapleton of…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$332.09

0.08 (0.02%)

03/08/13
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NFLX

Netflix

$336.30

-3.26 (-0.96%)

, DIS

Disney

$143.99

-0.26 (-0.18%)

13:18
01/21/20
01/21
13:18
01/21/20
13:18
On The Fly
Fly Intel: What to watch in Netflix earnings report »

Netflix (NFLX) is…

NFLX

Netflix

$336.30

-3.26 (-0.96%)

DIS

Disney

$143.99

-0.26 (-0.18%)

CMCSA

Comcast

$47.13

-0.35 (-0.74%)

T

AT&T

$38.54

0.18 (0.47%)

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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  • 21

    Jan

  • 23

    Jan

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    Jan

  • 04

    Feb

WHR

Whirlpool

$152.18

-0.45 (-0.29%)

13:17
01/21/20
01/21
13:17
01/21/20
13:17
Periodicals
AHAM reports 'big 6' appliance shipments up 6.4% in December, Bloomberg says »

The Association of Home…

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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  • 28

    Jan

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
01/21/20
01/21
13:17
01/21/20
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
01/21/20
01/21
13:16
01/21/20
13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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03/08/13
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CAH

Cardinal Health

$53.92

0.02 (0.04%)

13:15
01/21/20
01/21
13:15
01/21/20
13:15
Options
Cardinal Health put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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  • 06

    Feb

  • 10

    Feb

JPM

JPMorgan

$137.90

-0.25 (-0.18%)

, APTX

Aptinyx

$4.97

0.39 (8.52%)

13:09
01/21/20
01/21
13:09
01/21/20
13:09
On The Fly
Fly Insider: Aptinyx, Zscaler among week's notable insider trades »

Welcome to "Fly Insider,"…

JPM

JPMorgan

$137.90

-0.25 (-0.18%)

APTX

Aptinyx

$4.97

0.39 (8.52%)

OSMT

Osmotica Pharmaceuticals

$6.41

0.55 (9.39%)

TRN

Trinity Industries

$20.31

-0.61 (-2.92%)

CMD

Cantel Medical

$65.92

3.47 (5.56%)

PLMR

Palomar

$48.96

0.365 (0.75%)

SNAP

Snap

$19.15

0.03 (0.16%)

SHAK

Shake Shack

$70.29

0.37 (0.53%)

AVGO

Broadcom

$308.22

-0.43 (-0.14%)

ZS

Zscaler

$59.97

0.57 (0.96%)

03/08/13
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  • 22

    Jan

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    Feb

  • 25

    Feb

  • 14

    Apr

  • 16

    Jul

S

Sprint

$5.00

0.2 (4.17%)

13:05
01/21/20
01/21
13:05
01/21/20
13:05
Options
Sprint call volume above normal and directionally bullish »

Bullish option flow…

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GOOG

Alphabet

$1,484.58

4.3 (0.29%)

, GOOGL

Alphabet Class A

$1,483.27

4.15 (0.28%)

12:58
01/21/20
01/21
12:58
01/21/20
12:58
Periodicals
YouTube TV rolls out on PS4 consoles as Vue to shut down soon, Verge says »

Google's (GOOG)…

GOOG

Alphabet

$1,484.58

4.3 (0.29%)

GOOGL

Alphabet Class A

$1,483.27

4.15 (0.28%)

SNE

Sony

$72.44

-0.04 (-0.06%)

03/08/13
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  • 22

    Jan

  • 03

    Feb

  • 03

    Feb

  • 04

    Feb

  • 10

    Feb

ERIC

Ericsson

$8.89

-0.115 (-1.28%)

12:55
01/21/20
01/21
12:55
01/21/20
12:55
Periodicals
Trump says working with Ericsson, opening up spectrum, Bloomberg reports »

Bloomberg cites comments…

03/08/13
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  • 24

    Jan

12:55
01/21/20
01/21
12:55
01/21/20
12:55
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

GOOGL

Alphabet Class A

$1,483.50

4.38 (0.30%)

, GOOG

Alphabet

$1,484.43

4.15 (0.28%)

12:55
01/21/20
01/21
12:55
01/21/20
12:55
Periodicals
Sonos, others testify on big tech anti-competition before Congress, Verge says »

In an antitrust hearing…

GOOGL

Alphabet Class A

$1,483.50

4.38 (0.30%)

GOOG

Alphabet

$1,484.43

4.15 (0.28%)

SONO

Sonos

$15.01

-0.11 (-0.73%)

FB

Facebook

$221.57

-0.44 (-0.20%)

AMZN

Amazon.com

$1,870.50

6.1 (0.33%)

AAPL

Apple

$318.28

-0.38 (-0.12%)

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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  • 22

    Jan

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    Jan

  • 28

    Jan

  • 29

    Jan

  • 30

    Jan

  • 03

    Feb

  • 03

    Feb

  • 05

    Feb

  • 10

    Feb

12:55
01/21/20
01/21
12:55
01/21/20
12:55
Conference/Events
Senate Impeachment Trial of President Trump »

The Senate Impeachment…

MSFT

Microsoft

$167.73

0.67 (0.40%)

, GOOGL

Alphabet Class A

$1,483.50

4.38 (0.30%)

12:53
01/21/20
01/21
12:53
01/21/20
12:53
On The Fly
Fly Intel: What to watch in IBM's earnings report »

IBM (IBM) is scheduled to…

MSFT

Microsoft

$167.73

0.67 (0.40%)

GOOGL

Alphabet Class A

$1,483.50

4.38 (0.30%)

HPE

HP Enterprise

$14.96

-0.14 (-0.93%)

GOOG

Alphabet

$1,484.43

4.15 (0.28%)

NTAP

NetApp

$61.27

-1.14 (-1.83%)

IBM

IBM

$139.00

0.69 (0.50%)

PSTG

Pure Storage

$18.46

-0.03 (-0.16%)

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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  • 21

    Jan

  • 22

    Jan

  • 29

    Jan

  • 03

    Feb

  • 03

    Feb

  • 10

    Feb

  • 25

    Feb

  • 10

    Mar

  • 11

    Mar

EAF

GrafTech

$12.06

0.05 (0.42%)

12:45
01/21/20
01/21
12:45
01/21/20
12:45
Options
GrafTech call volume above normal and directionally bullish »

Bullish option flow…

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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  • 06

    Feb

AMGN

Amgen

$239.06

-2.47 (-1.02%)

, CYTK

Cytokinetics

$12.19

0.02 (0.16%)

12:36
01/21/20
01/21
12:36
01/21/20
12:36
Recommendations
Amgen, Cytokinetics analyst commentary  »

Piper says Cytokinetics…

AMGN

Amgen

$239.06

-2.47 (-1.02%)

CYTK

Cytokinetics

$12.19

0.02 (0.16%)

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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  • 23

    Jan

  • 30

    Jan

VFC

VF Corp.

$94.63

0.38 (0.40%)

12:35
01/21/20
01/21
12:35
01/21/20
12:35
Recommendations
VF Corp. analyst commentary  »

Stifel sees benefits in…

03/08/13
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03/08/13
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  • 23

    Jan

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