ADMA Biologics shares 'in arbitrage territory,' says Jefferies » 12:1609/3009/30/20
Jefferies analyst Anthony…
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Largest borrow rate increases among liquid names » 08:4509/3009/30/20
LMND, JWN, ADMA, SOLO, IDEX, UVXY, SHLL, GME, ALT
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Lemonade (LMND) 20.34% +4.19, Nordstrom (JWN) 5.16% +0.97, Adma Biologics (ADMA) 3.01% +0.79, Electrameccanica Vehicles Corp (SOLO) 32.80% +0.52, Ideanomics (IDEX) 80.80% +0.49, ProShares Ultra VIX Short Term Futures (UVXY) 2.11% +0.41, Tortoise Acquisition Corp (SHLL) 18.72% +0.38, GameStop (GME) 39.60% +0.35, Direxion Daily S&P Bear (SPXS) 0.98% +0.24, and Altimmune (ALT) 1.97% +0.20.
Nu Skin price target raised to $60 from $57 at Jefferies » 08:1109/3009/30/20
Jefferies analyst Stephanie Wissink raised the firm's price target on Nu Skin to $60 from $57 and keeps a Buy rating on the shares after increasing her estimates following talks with the company's President and CFO last week at the firm's Fitness & Wellness Summit. She believes the Q4 product launch of the ageLOC Boost skincare device is "under-modeled and under-guided," Wissink tells investors.
Zynga started with a Buy rating at MKM Partners » 17:2109/2909/29/20
As previously reported,…
As previously reported, MKM Partners analyst Eric Handler initiated coverage of Zynga with a Buy rating and $12 price target. The analyst said he likes Zynga for its leadership position in the mobile games space, the fastest growing segment within the video games industry. The company is well positioned to drive increases in bookings and adjusted EBITDA of 13% and 18%, respectively, between 2020-2023, Handler told investors in a research note. He cited organic growth, integration of the two recent acquisitions, steady margin improvement and ability to remain active with M&A as potential growth factors for the company going forward.
Zynga initiated with a Buy at MKM Partners » 16:1609/2909/29/20
MKM Partners analyst Eric…
MKM Partners analyst Eric Handler initiated coverage of Zynga with a Buy rating and $12 price target.
Early notable gainers among liquid option names on September 29th » 09:5509/2909/29/20
TAP, WDC, MU, MAT, OKE
Notable gainers among…
Notable gainers among liquid option names this morning include Molson Coors (TAP) $35.02 +1.44, Western Digital (WDC) $39.99 +1.35, Micron (MU) $51.20 +1.48, Mattel (MAT) $11.73 +0.34, and ONEOK (OKE) $26.57 +0.56.
Roku says OS 9.4 to start rolling out to Roku devices in the coming weeks » 11:5809/2809/28/20
Roku announced Roku OS…
Roku announced Roku OS 9.4 will start rolling out to Roku devices in the coming weeks. Roku OS 9.4 offers customers "new ways to access content quickly and a range of performance enhancements." The Roku Channel is adding more ways to access all-in-one entertainment via a new dedicated mobile app for iOS and Android smartphones available in the coming weeks, the company said. "The Roku OS allows consumers to easily get to the content they want to watch so they can sit back and enjoy the show," said Ilya Asnis, senior vice president of Roku OS at Roku. "With Roku OS 9.4, we give our customers even more choice and new ways to navigate and control content-rich experiences on and off Roku devices."
Roku unveils all new Roku Ultra, Roku Streambar » 11:5709/2809/28/20
Roku unveiled its new…
Roku unveiled its new streaming lineup for the U.S. to include an all-new and redesigned Roku Ultra and the addition of the Roku Streambar. Roku Ultra offers the best performance of any Roku player for less than $100, and was specifically designed for avid streamers, the company said. For streamers looking to add powerful streaming and premium sound to any TV, the Roku Streambar is the easiest way for consumers to upgrade and de-clutter their home entertainment systems, Roku added. "We are focused on delivering a variety of innovative, top-performing products at an incredible value to our customers so they can get to the content they care about quickly," said Mark Ely, Vice President, Retail Product Strategy at Roku. "Our new streaming player lineup now includes reimagined streaming devices in the Roku Ultra and Roku Streambar - we continue to offer a great device no matter the use case our customers are looking for whether they are new to streaming or looking to add great sound and streaming to their home entertainment center."
Apple content promotion shows importance of Roku's audience, says KeyBanc » 10:4209/2809/28/20
KeyBanc analyst Justin…
KeyBanc analyst Justin Patterson says that Roku's (ROKU) product and operating system updates this morning are consistent with the company's focus on enhancing performance, providing more ways to access content, and delivering innovative products at attractive price points. New devices ahead of the holiday season are not necessarily a surprise, however, the analyst is intrigued by a 3-month Apple (AAPL) TV+ credit for eligible purchases from October 23, 2020-January 31, 2021. Apple clearly has ambitions for both the living room and services, and certainly has a large base of iOS users to cross-sell, he contends In his view, Apple's willingness to promote content on Roku's platform demonstrates the importance of reaching Roku's audience of 40M-plus active accounts.
Largest borrow rate increases among liquid names » 08:4509/2809/28/20
TAN, VBIV, CRBP, AXU, FIZZ, CF, PSTI, MAXR, ADMA, XERS
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Guggenheim Global Solar Index (TAN) 8.88% +3.12, VBI Vaccines (VBIV) 18.89% +2.79, Corbus Pharmaceuticals (CRBP) 85.32% +0.95, Alexco Resource (AXU) 36.23% +0.66, National Beverage (FIZZ) 1.52% +0.41, CF Industries (CF) 0.49% +0.24, Pluristem (PSTI) 40.37% +0.22, Maxar Technologies (MAXR) 0.53% +0.18, Adma Biologics (ADMA) 2.20% +0.16, and Xeris Pharmaceuticals (XERS) 47.80% +0.16.