Breaking News Instant updates and real-time market news.

LOGM

LogMeln

$82.40

0.02 (0.02%)

09:23
12/17/19
12/17
09:23
12/17/19
09:23

LogMeln halted, pending news, following recent takeover talks reports

Shares of LogMeIn have been halted, pending news, in morning trading. The Fly notes that Bloomberg's Nabila Ahmed, Kiel Porter and Scott Deveau reported last week that private equity firm Francisco Partners Management has partnered with hedge fund Elliott Management to make a bid to take LogMeIn private for more than $4B. The report, which cited people familiar with the matter, said the investment firms were in advanced talks to buy LogMein and a deal could be announced in the coming weeks.

LOGM LogMeln
$82.40

0.02 (0.02%)

10/25/19
RBCM
10/25/19
INITIATION
Target $70
RBCM
Sector Perform
LogMeln assumed with a Sector Perform at RBC Capital
RBC Capital analyst Alex Zukin assumed coverage of LogMeln with a Sector Perform rating with a price target of $70, down from $87. The analyst notes that while the company posted Q3 earnings above expectations, its results for GoToMeeting were worse than expected. Zukin adds that his reduced price target reflects LogMeIn's "mixed execution", even though he sees some potential toward growth acceleration if product revenues continue to ramp.
10/25/19
KEYB
10/25/19
NO CHANGE
Target $90
KEYB
Overweight
LogMeln price target lowered to $90 from $98 at KeyBanc
KeyBanc analyst Alex Kurtz lowered his price target for LogMeIn to $90 from $98 and retained an Overweight rating following the company's quarterly results, saying Identity/Access results were $2M ahead of his estimate, with LastPass approaching $85M in fiscal 2019 revenue. Kurtz says LogMeIn's 5% fiscal 2020 growth target is still in play, but is highly dependent on the relaunch of the GoTo platform with new pricing in Q4.
10/25/19
10/25/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Essa Pharma (EPIX) initiated with an Outperform at Oppenheimer. 2. Uber (UBER) initiated with a Buy at Guggenheim. 3. LogMeln (LOGM) assumed with a Sector Perform at RBC Capital. 4. MannKind (MNKD) initiated with an Overweight at Cantor Fitzgerald. 5. Sanderson Farms (SAFM) initiated with an Underperform at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/10/19
PIPR
12/10/19
INITIATION
Target $86
PIPR
Overweight
LogMeln assumed with an Overweight at Piper Jaffray
Piper Jaffray analyst James Fish assumed coverage of LogMeln with an Overweight rating and $86 price target. The analyst sees 2020 as a year in which LogMeln "could get back into the cadence of doing another transformative acquisition." His analysis around the company's sum-of-the-parts and potential takeout valuation suggests that the current valuation of the total company is "very low, and too low to ignore."

TODAY'S FREE FLY STORIES

HBMD

Howard Bancorp

$16.77

-0.38 (-2.22%)

08:49
01/21/20
01/21
08:49
01/21/20
08:49
Earnings
Howard Bancorp reports Q4 EPS 31c, consensus 26c »

Reports Q4 book value per…

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

VRTX

Vertex

$235.85

0.23 (0.10%)

, BMRN

BioMarin

$88.27

-0.82 (-0.92%)

08:48
01/21/20
01/21
08:48
01/21/20
08:48
Conference/Events
Cantor Fitzgerald healthcare analyst to hold analyst/industry conference call »

Healthcare Analyst Young…

VRTX

Vertex

$235.85

0.23 (0.10%)

BMRN

BioMarin

$88.27

-0.82 (-0.92%)

ALNY

Alnylam

$118.77

-0.54 (-0.45%)

ACAD

Acadia

$43.42

-1.17 (-2.62%)

TGTX

TG Therapeutics

$13.71

-0.32 (-2.28%)

BHVN

Biohaven Pharmaceutical

$55.99

4.27 (8.26%)

ARVN

Arvinas

$50.96

-0.29 (-0.57%)

IMMU

Immunomedics

$19.01

-0.3 (-1.55%)

MRNS

Marinus Pharmaceuticals

$2.26

-0.04 (-1.74%)

CARA

Cara Therapeutics

$17.30

0.42 (2.49%)

KDMN

Kadmon

$4.54

0.245 (5.71%)

MGNX

MacroGenics

$11.27

-0.34 (-2.93%)

MBIO

Mustang Bio

$4.33

-0.19 (-4.20%)

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

  • 04

    Feb

  • 10

    Feb

  • 13

    Feb

  • 19

    Mar

  • 02

    Jun

KSU

Kansas City Southern

$166.57

4.77 (2.95%)

08:48
01/21/20
01/21
08:48
01/21/20
08:48
Recommendations
Kansas City Southern analyst commentary  »

Kansas City Southern…

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

SAWLF

Shawcor

$0.00

(0.00%)

08:48
01/21/20
01/21
08:48
01/21/20
08:48
Hot Stocks
Shawcor announces LOI to provide pipe coating services for Baltic Pipe project »

Shawcor Ltd. announced…

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

ONCS

OncoSec

$2.08

-0.02 (-0.95%)

08:47
01/21/20
01/21
08:47
01/21/20
08:47
Hot Stocks
OncoSec CEO sends letter to shareholders in support of CGP/Sirtex transaction »

Daniel O'Connor,…

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

  • 07

    Feb

FB

Facebook

$222.01

0.23 (0.10%)

08:47
01/21/20
01/21
08:47
01/21/20
08:47
Recommendations
Facebook analyst commentary  »

Facebook price target…

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

  • 29

    Jan

PRSP

Perspecta

$28.35

-0.06 (-0.21%)

08:47
01/21/20
01/21
08:47
01/21/20
08:47
Hot Stocks
Perspecta awarded $810M order by U.S. Department of State CAEIO »

Perspecta announced that…

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

  • 12

    Feb

JBHT

J.B. Hunt

$114.77

-5.01 (-4.18%)

08:46
01/21/20
01/21
08:46
01/21/20
08:46
Upgrade
J.B. Hunt rating change  »

'Peak pain' for…

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

  • 18

    Mar

CVSI

CV Sciences

$0.00

(0.00%)

08:46
01/21/20
01/21
08:46
01/21/20
08:46
Hot Stocks
CV Sciences announces sponsorship of Farmers Insurance Open »

CV Sciences is 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

AMAT

Applied Materials

$62.82

-0.37 (-0.59%)

08:45
01/21/20
01/21
08:45
01/21/20
08:45
Recommendations
Applied Materials analyst commentary  »

Applied Materials price…

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

AMC

AMC Entertainment

$7.28

-0.06 (-0.82%)

, PTON

Peloton

$31.75

0.94 (3.05%)

08:45
01/21/20
01/21
08:45
01/21/20
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

AMC

AMC Entertainment

$7.28

-0.06 (-0.82%)

PTON

Peloton

$31.75

0.94 (3.05%)

GTT

GTT Communications

$13.03

-0.475 (-3.52%)

TRIL

Trillium Therapeutics

$2.62

-0.19 (-6.76%)

SKT

Tanger Factory

$15.37

-0.06 (-0.39%)

SRNE

Sorrento Therapeutics

$4.26

-0.15 (-3.40%)

LK

Luckin Coffee

$50.01

1.26 (2.58%)

APHA

Aphria

$5.28

0.08 (1.54%)

RVLV

Revolve Group

$20.90

0.22 (1.06%)

BYND

Beyond Meat

$109.20

-1.16 (-1.05%)

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

NAKD

Naked Brand Group

$1.22

0.01 (0.83%)

08:44
01/21/20
01/21
08:44
01/21/20
08:44
Hot Stocks
Naked Brand Group announces strategic divestiture of Naked brand »

Naked Brand Group has…

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

ARNC

Arconic

$29.33

-0.675 (-2.25%)

, BA

Boeing

$324.11

-7.89 (-2.38%)

08:44
01/21/20
01/21
08:44
01/21/20
08:44
Recommendations
Arconic, Boeing analyst commentary  »

Arconic could lose up to…

ARNC

Arconic

$29.33

-0.675 (-2.25%)

BA

Boeing

$324.11

-7.89 (-2.38%)

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

  • 27

    Jan

  • 29

    Jan

LRCX

Lam Research

$307.98

2.1 (0.69%)

08:43
01/21/20
01/21
08:43
01/21/20
08:43
Recommendations
Lam Research analyst commentary  »

Lam Research price target…

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

  • 29

    Jan

AIN

Albany International

$78.36

-0.9 (-1.14%)

, CIR

Circor

$44.72

-0.03 (-0.07%)

08:43
01/21/20
01/21
08:43
01/21/20
08:43
Hot Stocks
Albany International CEO Olivier Jarrault resigns, A. William Higgins to succeed »

Albany International…

AIN

Albany International

$78.36

-0.9 (-1.14%)

CIR

Circor

$44.72

-0.03 (-0.07%)

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

  • 26

    Mar

MGPI

MGP Ingredients

$38.16

-14.74 (-27.86%)

08:42
01/21/20
01/21
08:42
01/21/20
08:42
Downgrade
MGP Ingredients rating change  »

MGP Ingredients…

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

SOLO

ElectraMeccanica

$2.29

-0.15 (-6.15%)

08:42
01/21/20
01/21
08:42
01/21/20
08:42
Hot Stocks
ElectraMeccanica announces features of production intent Generation 3 SOLO EV »

ElectraMeccanica…

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

MSCI

MSCI

$278.94

1.95 (0.70%)

08:41
01/21/20
01/21
08:41
01/21/20
08:41
Hot Stocks
MSCI, Burgiss enter into strategic relationship »

MSCI has entered into 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

  • 30

    Jan

TDOC

Teladoc

$95.60

-1.22 (-1.26%)

08:40
01/21/20
01/21
08:40
01/21/20
08:40
Recommendations
Teladoc analyst commentary  »

Teladoc price target…

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

FEYE

FireEye

$17.11

-0.26 (-1.50%)

08:39
01/21/20
01/21
08:39
01/21/20
08:39
Hot Stocks
FireEye acquires Cloudvisory, terms not disclosed »

FireEye announced 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

  • 05

    Feb

TAOP

Taoping

$0.80

0.02 (2.56%)

08:39
01/21/20
01/21
08:39
01/21/20
08:39
Hot Stocks
Taoping partners with BOE Technology for third party new screens »

Taoping 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

BAC

Bank of America

$34.70

-0.03 (-0.09%)

08:38
01/21/20
01/21
08:38
01/21/20
08:38
Downgrade
Bank of America rating change  »

Atlantic Equities…

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

  • 26

    Feb

  • 15

    Apr

TDOC

Teladoc

$95.60

-1.22 (-1.26%)

08:38
01/21/20
01/21
08:38
01/21/20
08:38
Recommendations
Teladoc analyst commentary  »

Teladoc price target…

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

SPLK

Splunk

$157.89

-2.41 (-1.50%)

08:38
01/21/20
01/21
08:38
01/21/20
08:38
Recommendations
Splunk analyst commentary  »

Splunk price target…

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

VERB

VERB Technology

$1.44

-0.07 (-4.64%)

08:38
01/21/20
01/21
08:38
01/21/20
08:38
Hot Stocks
VERB Technology launches CRM sales app for Rx Hacker »

VERB Technology has…

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

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.