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FB

Facebook

$218.10

-0.21 (-0.10%)

06:10
01/13/20
01/13
06:10
01/13/20
06:10

Facebook setting up team to boost ad business in China, Reuters reports

Facebook is setting up an engineering team in Singapore to create ad tools to help boost its advertising business in China, which is currently estimated at ~$5B, Reuters' Paresh Dave and Katie Paul report, citing three people familiar with the matter. One of the people describe it as Facebook's first major attempt at developing regionally localized ads tools outside of its Silicon Valley headquarters, where China-related engineering work previously took place. Reference Link

  • 22

    Jan

  • 29

    Jan

FB Facebook
$218.10

-0.21 (-0.10%)

01/09/20
KEYB
01/09/20
NO CHANGE
KEYB
Facebook, Alphabet remain key ideas at KeyBanc
KeyBanc analyst Andy Hargreaves says the overall backdrop for Internet names remains solid, but risks related to regulation, trade, and a slowdown in consumer spending remain high. The analyst is likely to favor companies with scale, company specific factors that can operate somewhat independent of the macro environment, and control over expenses. His key ideas remain Facebook (FB) and Alphabet (GOOGL). Hargreaves has Overweight ratings on both stocks.
01/09/20
BERN
01/09/20
INITIATION
Target $250
BERN
Outperform
Facebook initiated with an Outperform at Bernstein
Bernstein initiated coverage of Facebook with an Outperform rating and $250 price target.
01/10/20
01/10/20
INITIATION
Target $250

Outperform
Facebook initiated with an Outperform at Bernstein
Bernstein analyst Mark Shmulik initiated coverage of Facebook with an Outperform rating and $250 price target as part of a broader initiation of the U.S. Internet sector with a generally positive outlook. Shmulik says he expects Facebook's portfolio of apps to continue to capture 70%-80% of new social media users with Instagram nicely supplementing core Blue's slowing growth. He expects Facebook to continue capturing 40%+ of new digital ad dollars on the back of the "rent" for brands selling online, as well as unlocking new ad opportunities within Instagram and Whatsapp. The analyst adds that he thinks regulatory risk is already priced in, and believes Facebook's actual risk is less than perceived, although cost of compliance will weigh on margins and potentially stall the acquisition engine.
01/10/20
01/10/20
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Facebook (FB), Snap (SNAP), and Alphabet (GOOG, GOOGL) initiated with an Outperform at Bernstein, Amazon.com (AMZN) and Pinterest (PINS) initiated with a Market Perform at Bernstein, while Twitter (TWTR) was initiated with an Underperform at Bernstein. 2. iRhythm (IRTC) initiated with an Outperform at William Blair. 3. ResMed (RMD) initiated with a Perform at Oppenheimer. 4. AGNC Investment (AGNC) initiated with a Neutral at Wedbush. 5. McCormick (MKC) reinstated with a Neutral at BofA. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

ZG

Zillow

$46.89

0.41 (0.88%)

08:55
01/17/20
01/17
08:55
01/17/20
08:55
Conference/Events
Stephens communications services analysts to hold a luncheon meeting »

Analysts discuss the…

03/08/13
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  • 24

    Jan

AAPL

Apple

$315.33

3.83 (1.23%)

, AMD

AMD

$49.75

1.21 (2.49%)

08:55
01/17/20
01/17
08:55
01/17/20
08:55
Options
Notable open interest changes for January 17th »

Thursday's total…

AAPL

Apple

$315.33

3.83 (1.23%)

AMD

AMD

$49.75

1.21 (2.49%)

TSLA

Tesla

$513.41

-4.855 (-0.94%)

BAC

Bank of America

$34.73

0.05 (0.14%)

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BGNE

BeiGene

$167.88

3.04 (1.84%)

08:54
01/17/20
01/17
08:54
01/17/20
08:54
Initiation
BeiGene initiated  »

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  • 27

    Feb

LMT

Lockheed Martin

$425.68

4.665 (1.11%)

08:52
01/17/20
01/17
08:52
01/17/20
08:52
Recommendations
Lockheed Martin analyst commentary  »

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  • 28

    Jan

AEMD

Aethlon Medical

$2.71

0.96 (54.86%)

08:51
01/17/20
01/17
08:51
01/17/20
08:51
Syndicate
Aethlon Medical announces $3.77M registered direct offering priced at-the-market »

Aethlon Medical announced…

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RSG

Republic Services

08:51
01/17/20
01/17
08:51
01/17/20
08:51
Initiation
Republic Services initiated  »

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  • 13

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TGTX

TG Therapeutics

$14.03

-0.08 (-0.57%)

08:51
01/17/20
01/17
08:51
01/17/20
08:51
Recommendations
TG Therapeutics analyst commentary  »

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WCN

Waste Connections

$97.65

1.46 (1.52%)

08:50
01/17/20
01/17
08:50
01/17/20
08:50
Initiation
Waste Connections initiated  »

Waste Connections…

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  • 13

    Feb

  • 02

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BK

BNY Mellon

$46.74

-3.94 (-7.77%)

08:50
01/17/20
01/17
08:50
01/17/20
08:50
Recommendations
BNY Mellon analyst commentary  »

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  • 06

    Feb

ASPU

Aspen Group

$7.97

-0.3 (-3.63%)

08:50
01/17/20
01/17
08:50
01/17/20
08:50
Syndicate
Aspen Group 2.1M share Spot Secondary priced at $7.15 »

Canaccord, Craig-Hallum…

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  • 17

    Jan

WM

Waste Management

$119.49

1.295 (1.10%)

08:50
01/17/20
01/17
08:50
01/17/20
08:50
Initiation
Waste Management initiated  »

Waste Management…

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03/06/13
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  • 29

    Jan

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    Jan

  • 13

    Feb

  • 02

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08:50
01/17/20
01/17
08:50
01/17/20
08:50
General news
U.S. equities are firmer »

U.S. equities are firmer…

08:50
01/17/20
01/17
08:50
01/17/20
08:50
General news
Treasury Action: yields have backed up »

Treasury Action: yields…

WNS

WNS Holdings

$70.73

1.92 (2.79%)

08:46
01/17/20
01/17
08:46
01/17/20
08:46
Recommendations
WNS Holdings analyst commentary  »

WNS Holdings price target…

03/08/13
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GTT

GTT Communications

$13.50

0.06 (0.45%)

, SKT

Tanger Factory

$15.43

-0.06 (-0.39%)

08:45
01/17/20
01/17
08:45
01/17/20
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

GTT

GTT Communications

$13.50

0.06 (0.45%)

SKT

Tanger Factory

$15.43

-0.06 (-0.39%)

SDC

SmileDirectClub

$13.22

-0.5 (-3.64%)

BLDP

Ballard Power

$11.05

0.44 (4.15%)

TLRD

Tailored Brands

$4.29

0.045 (1.06%)

MNK

Mallinckrodt

$5.22

0.74 (16.52%)

IRBT

iRobot

$55.84

2.55 (4.79%)

AMJ

American Medical Laboratories Inc

$22.77

0.06 (0.26%)

NK

NantKwest

$7.39

2.1 (39.70%)

WVE

Wave Life Sciences

$8.10

0.13 (1.63%)

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  • 16

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  • 09

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08:45
01/17/20
01/17
08:45
01/17/20
08:45
General news
U.S. December housing starts surged 16.9% to a 1.608 M pace »

U.S. December housing…

08:45
01/17/20
01/17
08:45
01/17/20
08:45
General news
FX Action: The dollar »

FX Action: The dollar…

08:45
01/17/20
01/17
08:45
01/17/20
08:45
General news
Breaking General news story  »

Philadelphia Federal…

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01/17/20
01/17
08:45
01/17/20
08:45
General news
Breaking General news story  »

Philadelphia Federal…

08:44
01/17/20
01/17
08:44
01/17/20
08:44
Conference/Events
JPMorgan U.S. telecom & semis analysts hold an analyst/industry conference call »

U.S. Telecom &…

LUV

Southwest

$55.30

0.26 (0.47%)

08:43
01/17/20
01/17
08:43
01/17/20
08:43
Downgrade
Southwest rating change  »

Deutsche downgrades…

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  • 23

    Jan

DE

Deere

$175.53

2.59 (1.50%)

08:42
01/17/20
01/17
08:42
01/17/20
08:42
Recommendations
Deere analyst commentary  »

Expectation of 2020…

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WING

Wingstop

$87.67

-3.78 (-4.13%)

08:41
01/17/20
01/17
08:41
01/17/20
08:41
Recommendations
Wingstop analyst commentary  »

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08:38
01/17/20
01/17
08:38
01/17/20
08:38
Conference/Events
Federal Reserve Board of Governors Vice Chairman speaks at a meeting »

Randal Quarles, Vice…

CSX

CSX

$76.75

1.76 (2.35%)

08:37
01/17/20
01/17
08:37
01/17/20
08:37
Recommendations
CSX analyst commentary  »

CSX price target raised…

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