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AMZN

Amazon.com

$1,882.70

-17.01 (-0.90%)

, WMT

Walmart

$116.37

-0.99 (-0.84%)

08:34
01/13/20
01/13
08:34
01/13/20
08:34

India orders investigation Amazon, Walmart's Flipkart, Reuters reports

India has ordered a large-scale investigation into Walmart's (WMT) Flipkart and Amazon India (AMZN) after a group of local retailers alleged the e-commerce giants had secured arrangements with companies to exclusively launch certain smartphones and gave preferences to select sellers on their marketplaces, Reuters reports. The Competition Commission of India said in a statement that exclusive arrangements between mobile phone brands and e-commerce platforms, as well as allegations of e-commerce companies giving preferential treatment to certain sellers "merits an investigation." Reference Link

AMZN

Amazon.com

$1,882.70

-17.01 (-0.90%)

WMT

Walmart

$116.37

-0.99 (-0.84%)

  • 10

    Feb

AMZN Amazon.com
$1,882.70

-17.01 (-0.90%)

01/09/20
JMPS
01/09/20
NO CHANGE
JMPS
Market Perform
Uber the most likely buyer if GrubHub gets sold, says JMP Securities
After The Wall Street Journal reported yesterday that Grubhub (GRUB) has hired advisors to consider potential strategic options, JMP Securities analyst Ronald Josey said he is "not surprised" given his view that Grubhub has meaningful strategic value. Should Grubhub be acquired, he views Uber (UBER) as the most likely acquirer, but he also believes other bidders could include DoorDash, Amazon (AMZN), Booking (BKNG) and possibly some European food delivery companies. Using Takeaway.com's announced acquisition of Just Eat as a proxy would imply Grubhub could be acquired for about $70 per share, but Josey believes Grubhub could be acquired at a higher multiple given its position in the U.S. market and strategic value. He maintains a Market Perform rating on Grubhub shares.
01/09/20
BERN
01/09/20
INITIATION
Target $2050
BERN
Market Perform
Amazon.com initiated with a Market Perform at Bernstein
Bernstein initiated coverage of Amazon.com with a Market Perform rating and $2,050 price target.
01/10/20
BERN
01/10/20
INITIATION
Target $2050
BERN
Market Perform
Amazon.com initiated with a Market Perform at Bernstein
Bernstein analyst Mark Shmulik initiated coverage of Amazon.com with a Market Perform rating and $2,050 price target as part of a broader initiation of the U.S. Internet sector with a generally positive outlook. Shmulik tells investors that Cloud market growth of 20%+ y/y is healthy, though AWS is partially challenged by intensifying competition and potential pricing and margin compression. He likes the ad business, which is likely to be accretive to overall growth. At the same time, Shmulik says he expects investments and regulatory overhang to weigh on the bottom-line, with our EBIT dollar forecast -9% below consensus in 2022. The analyst says that "there is a lot of good here" and he likes the company and management team, but remains on the sidelines with respect to the stock until he sees more ROIC from retail investments and/or Cloud share hold with current economics.
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.
WMT Walmart
$116.37

-0.99 (-0.84%)

12/12/19
EVER
12/12/19
NO CHANGE
EVER
Outperform
Home Depot looks like its 'next' to break out to upside, says Evercore
Evercore ISI analyst Greg Melich noted that Home Depot (HD) reset both sales and margin expectations for 2020 at its analyst day and he believes consensus estimates are likely to come down 3%-5% for 2020 following the event. However, the strength seen in the firm's Home Improvement Lead Indicator leads him to believe Home Depot's sales are likely to accelerate next year and its 3.5%-4% comp sales growth guidance could prove conservative. Walmart (WMT) and Costco (COST) shares have "broken out on upside valuation" based on their high returns, traffic growth, and share gains and "Home Depot looks like the next one to us," concluded Melich, who keeps an Outperform rating on Home Depot shares.
12/31/19
MSCO
12/31/19
NO CHANGE
Target $130
MSCO
Overweight
Walmart price target raised to $130 from $125 at Morgan Stanley
Morgan Stanley analyst Simeon Gutman raised his price target on Walmart shares to $130 from $125, explaining that $3 of the increase is related to higher U.S. brick & mortar EBITDA estimates, $1 is related to lower corporate expenses, $2 is due to other items like net debt and share count and $1 was deducted to account for lower Sam's Club EBITDA. He maintains an Overweight rating on Walmart shares.
01/08/20
GDHS
01/08/20
NO CHANGE
GDHS
Gordon Haskett shakes up 'Shades of Grey' portfolio with downgrades, upgrade
Gordon Haskett analysts Chuck Grom, John Parke, and Garrett Greenblatt have updated the firm's 'Shades of Grey' portfolio by downgrading four stocks -- Dollar Tree (DLTR) to Reduce from Accumulate, Five Below (FIVE) to Accumulate from Buy, BJ's (BJ) to Hold from Buy, and Tractor Supply (TSCO) to Accumulate from Buy -- and upgrading one stock -- Nordstrom (JWN) to Accumulate from Hold. They also called Dollar General (DG), Target (TGT), and Walmart (WMT) their top ideas. The analysts said the recalibrations were made "very cautiously" and receommended leaning into the new year slowly until more data is released and we have a better grasp on the Q4 and holiday results, 2020 guidance, and overall positioning. The analysts added that they are "sticking to [their] playbook, which is rooted in identifying companies in good retail verticals with strong company-specific comp/GPM drivers to support profitable market share gains."
01/10/20
CLVD
01/10/20
NO CHANGE
CLVD
Neutral
Cleveland Research lowers Walmart Q4 U.S. comp estimate
Cleveland Research analyst Scott Bender lowered his Q4 U.S. comp growth estimate for Walmart to 2.7% from 2.9%, which he notes is closer to the consensus call for 2.6% growth. His checks suggests overall holiday sales came in a bit softer than he previously expected, noted Bender, who has a Neutral rating on Walmart shares.

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AMRC

Ameresco

$19.78

-0.1 (-0.50%)

04:55
01/20/20
01/20
04:55
01/20/20
04:55
Conference/Events
Ameresco management to meet with Roth Capital »

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HRB

H&R Block

$24.48

-0.48 (-1.92%)

04:55
01/20/20
01/20
04:55
01/20/20
04:55
Conference/Events
H&R Block management to meet with Oppenheimer »

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MSM

MSC Industrial

$76.89

-1.58 (-2.01%)

04:55
01/20/20
01/20
04:55
01/20/20
04:55
Conference/Events
MSC Industrial management to meet with KeyBanc »

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  • 20

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    Jan

03:30
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General news
FX Action: USD-CAD ebbed fractionally lower »

FX Action: USD-CAD ebbed…

03:05
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Asian Market Update: »

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03:05
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FX Update: The dollar has seen modest weakness »

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FB

Facebook

$222.01

0.23 (0.10%)

16:50
01/19/20
01/19
16:50
01/19/20
16:50
Periodicals
Facebook blames technical error for vulgar translation, Reuters reports »

Facebook blamed a…

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  • 22

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SPY

SPDR S&P 500 ETF Trust

$331.98

1.08 (0.33%)

, SPX

S&P 500

$0.00

(0.00%)

16:43
01/19/20
01/19
16:43
01/19/20
16:43
Periodicals
China to increase U.S. imports according to 'market principles,' Reuters reports »

China will negotiate with…

SPY

SPDR S&P 500 ETF Trust

$331.98

1.08 (0.33%)

SPX

S&P 500

$0.00

(0.00%)

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TSLA

Tesla

$510.34

-3.065 (-0.60%)

16:33
01/19/20
01/19
16:33
01/19/20
16:33
Periodicals
Tesla closer to opening first European factory with property deal, Reuters says »

Tesla has agreed to buy a…

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  • 29

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JPM

JPMorgan

$138.15

0.89 (0.65%)

, BNPQY

BNP Paribas

$0.00

(0.00%)

16:28
01/19/20
01/19
16:28
01/19/20
16:28
Periodicals
JPMorgan to acquire former BNP building in Paris, Bloomberg reports »

JPMorgan (JPM) is buying…

JPM

JPMorgan

$138.15

0.89 (0.65%)

BNPQY

BNP Paribas

$0.00

(0.00%)

03/08/13
Wedge Partners
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  • 05

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BAC

Bank of America

$34.70

-0.03 (-0.09%)

16:25
01/19/20
01/19
16:25
01/19/20
16:25
Periodicals
CEO tells FT Bank of America aims to 'double' slice of U.S. retail business »

Bank of America can…

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  • 26

    Feb

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CEL

Cellcom Israel

$3.18

(0.00%)

16:16
01/19/20
01/19
16:16
01/19/20
16:16
Hot Stocks
Cellcom Israel announces CTO resignation »

Cellcom Israel announced…

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VRCA

Verrica Pharmaceuticals

$15.94

0.21 (1.34%)

16:12
01/19/20
01/19
16:12
01/19/20
16:12
Hot Stocks
Verrica announces presentation of data from Phase 3 CAMP trials of VP-102 »

Verrica Pharmaceuticals…

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  • 13

    Jul

SO

Southern Company

$67.25

1.08 (1.63%)

, XEL

Xcel Energy

$65.38

0.34 (0.52%)

16:08
01/19/20
01/19
16:08
01/19/20
16:08
Hot Stocks
Southern Power closes sale of Mankato Energy Center to Xcel Energy »

Southern Power, a…

SO

Southern Company

$67.25

1.08 (1.63%)

XEL

Xcel Energy

$65.38

0.34 (0.52%)

03/08/13
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  • 30

    Jan

LIZI

Lizhi

$11.72

(0.00%)

, DNK

Phoenix Tree

$13.50

(0.00%)

09:10
01/19/20
01/19
09:10
01/19/20
09:10
On The Fly
Opening Day: China's Lizhi, Phoenix Tree flat in trading debut »

Lizhi (LIZI), one of…

LIZI

Lizhi

$11.72

(0.00%)

DNK

Phoenix Tree

$13.50

(0.00%)

VEL

Velocity Financial

$13.58

(0.00%)

IMAB

I-MAB

$12.90

(0.00%)

BSBK

Bogota Financial

$11.70

0.195 (1.70%)

CSPR

Casper Sleep

$0.00

(0.00%)

03/08/13
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TLGT

Teligent

$0.40

-0.0025 (-0.62%)

15:53
01/18/20
01/18
15:53
01/18/20
15:53
Conference/Events
Teligent to hold a special shareholder meeting »

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  • 24

    Jan

AYTU

Aytu BioScience

$0.80

0.0014 (0.18%)

15:48
01/18/20
01/18
15:48
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15:48
Conference/Events
Aytu BioScience to hold a special shareholder meeting »

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  • 24

    Jan

DVA

DaVita

$79.45

0.43 (0.54%)

15:32
01/18/20
01/18
15:32
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15:32
Conference/Events
DaVita to host special shareholder meeting »

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  • 23

    Jan

TSM

TSMC

$58.58

-0.18 (-0.31%)

09:16
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Periodicals
Taiwan tech stocks can ignore China's bluster for now, Barron's says »

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KKR

KKR

$31.20

0.7 (2.30%)

, APO

Apollo Global

$50.35

1.26 (2.57%)

09:03
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01/18
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Periodicals
KKR undervalued compared with peers, Barron's says »

KKR (KKR) gained 50% last…

KKR

KKR

$31.20

0.7 (2.30%)

APO

Apollo Global

$50.35

1.26 (2.57%)

ARES

Ares Management

$37.29

0.47 (1.28%)

BX

Blackstone

$60.79

0.62 (1.03%)

CG

Carlyle Group

$33.30

0.36 (1.09%)

HLNE

Hamilton Lane

$67.25

-0.02 (-0.03%)

03/08/13
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  • 30

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    Feb

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    Feb

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    Feb

SPCE

Virgin Galactic

$15.65

0.685 (4.58%)

, TWNK

Hostess Brands

$14.03

0.02 (0.14%)

08:56
01/18/20
01/18
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08:56
Periodicals
'Blank-check' companies hot on Wall Street, Barron's says »

More than a quarter of…

SPCE

Virgin Galactic

$15.65

0.685 (4.58%)

TWNK

Hostess Brands

$14.03

0.02 (0.14%)

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  • 25

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GOOG

Alphabet

$1,480.28

28.34 (1.95%)

, NFLX

Netflix

$339.56

0.89 (0.26%)

08:47
01/18/20
01/18
08:47
01/18/20
08:47
Periodicals
Peacock's pricing might be 'killer feature,' Barron's says »

This week, Peacock…

GOOG

Alphabet

$1,480.28

28.34 (1.95%)

NFLX

Netflix

$339.56

0.89 (0.26%)

CMCSK

Comcast

$0.00

(0.00%)

CMCSA

Comcast

$47.48

0.62 (1.32%)

GOOGL

Alphabet Class A

$1,479.12

29.29 (2.02%)

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JWN

Nordstrom

$40.34

-0.15 (-0.37%)

, WMT

Walmart

$114.93

-0.96 (-0.83%)

08:36
01/18/20
01/18
08:36
01/18/20
08:36
Periodicals
Casper IPO highlights tech's promise, troubles, Barron' says »

Mattresses have been…

JWN

Nordstrom

$40.34

-0.15 (-0.37%)

WMT

Walmart

$114.93

-0.96 (-0.83%)

CSPR

Casper Sleep

$0.00

(0.00%)

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  • 21

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    Feb

BA

Boeing

$324.11

-7.89 (-2.38%)

, DDAIF

Daimler AG

$0.00

(0.00%)

08:12
01/18/20
01/18
08:12
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08:12
On The Fly
Week in Review: How Trump's policies moved stocks »

Catch up on the top…

BA

Boeing

$324.11

-7.89 (-2.38%)

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$13.76

-0.14 (-1.01%)

VWAGY

Volkswagen

$0.00

(0.00%)

FSLR

First Solar

$53.51

-0.42 (-0.78%)

AAPL

Apple

$318.66

3.33 (1.06%)

DQ

Daqo New Energy

$53.61

-0.025 (-0.05%)

03/08/13
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  • 28

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SPOT

Spotify

$148.20

-3.59 (-2.37%)

18:15
01/17/20
01/17
18:15
01/17/20
18:15
Periodicals
Spotify in talks to acquire The Ringer, WSJ reports »

Spotify is in discussions…

03/08/13
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