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Recommendations
Dropbox price target raised to $22 from $19 at Goldman Sachs » 07:16
06/24/20
06/24
07:16
06/24/20
07:16
DBX

Dropbox

$23.64 /

+0.14 (+0.60%)

Goldman Sachs analyst…

Goldman Sachs analyst Heather Bellini raised the firm's price target on Dropbox to $22 from $19 and keeps a Sell rating on the shares. The analyst increased price targets across her Software and Select Internet coverage universe to reflect higher peer multiples, lower interest rates, and reduced equity risk premiums. Following a 30% contraction in the average enterprise value to sales multiples from the February peak, valuations across software have expanded 75% from mid-March troughs, surpassing July 2019 highs, Bellini tells investors in a research note.

ShowHide Related Items >><<
DBX Dropbox
$23.64 /

+0.14 (+0.60%)

DBX Dropbox
$23.64 /

+0.14 (+0.60%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
DBX Dropbox
$23.64 /

+0.14 (+0.60%)

DBX Dropbox
$23.64 /

+0.14 (+0.60%)

DBX Dropbox
$23.64 /

+0.14 (+0.60%)

DBX Dropbox
$23.64 /

+0.14 (+0.60%)

Options
Dropbox call volume above normal and directionally bullish » 11:05
06/23/20
06/23
11:05
06/23/20
11:05
DBX

Dropbox

$24.02 /

+0.52 (+2.21%)

Bullish option flow…

Bullish option flow detected in Dropbox with 13,483 calls trading, 4x expected, and implied vol increasing almost 2 points to 46.64%. 6/26 weekly 25 calls and 6/26 weekly 24.5 calls are the most active options, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 6th.

ShowHide Related Items >><<
DBX Dropbox
$24.02 /

+0.52 (+2.21%)

DBX Dropbox
$24.02 /

+0.52 (+2.21%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
DBX Dropbox
$24.02 /

+0.52 (+2.21%)

DBX Dropbox
$24.02 /

+0.52 (+2.21%)

DBX Dropbox
$24.02 /

+0.52 (+2.21%)

DBX Dropbox
$24.02 /

+0.52 (+2.21%)

Periodicals
Dropbox launches password manager and a secure vault for documents, Verge says » 17:09
06/16/20
06/16
17:09
06/16/20
17:09
DBX

Dropbox

$22.55 /

+1.055 (+4.91%)

Dropbox launched…

Dropbox launched password manager on Tuesday, and"a vault' within your files intended for storing documents like birth certificates; and a new way to backup your computer to your Dropbox account," reports The Verge. "The password manager, called Dropbox Passwords, lets you store your passwords in one place like you would with a dedicated password manager like 1Password or LastPass but using your Dropbox account credentials. The release of Dropbox Passwords follows Dropbox's acquisition of password manager Valt last year," added The Verge story. Reference Link

ShowHide Related Items >><<
DBX Dropbox
$22.55 /

+1.055 (+4.91%)

DBX Dropbox
$22.55 /

+1.055 (+4.91%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
DBX Dropbox
$22.55 /

+1.055 (+4.91%)

DBX Dropbox
$22.55 /

+1.055 (+4.91%)

DBX Dropbox
$22.55 /

+1.055 (+4.91%)

DBX Dropbox
$22.55 /

+1.055 (+4.91%)

Over a month ago
On The Fly
Fly Intel: What to watch in Zoom Video earnings report » 10:33
06/01/20
06/01
10:33
06/01/20
10:33
WORK

Slack Technologies

$36.45 /

+1.345 (+3.83%)

, ZM

Zoom Video

$197.34 /

+17.71 (+9.86%)

, DBX

Dropbox

$22.65 /

+0.08 (+0.35%)

, RNG

RingCentral

$281.50 /

+7.53 (+2.75%)

, DOCU

DocuSign

$145.71 /

+5.86 (+4.19%)

Zoom Video (ZM) is…

Open Full Text

ShowHide Related Items >><<
ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

RNG RingCentral
$281.50 /

+7.53 (+2.75%)

DOCU DocuSign
$145.71 /

+5.86 (+4.19%)

DBX Dropbox
$22.65 /

+0.08 (+0.35%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

06/02/20
Fly Intel: Top five analyst initiations
06/02/20 Cowen
Cowen starts Slack with Outperform given 'major booster shot' from COVID
06/02/20 Cowen
Slack Technologies initiated with an Outperform at Cowen
05/29/20 Stephens
Slack Technologies price target raised to $37 from $32 at Stephens
ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

05/27/20 Baird
Zoom Video price target raised to $180 from $120 at Baird
05/15/20 Citi
Zoom Video initiated with a Neutral at Citi
05/04/20 Piper Sandler
Zoom Video price target raised to $144 from $110 at Piper Sandler
04/23/20 JPMorgan
Zoom Video strength related to CEO comments on user growth, says JPMorgan
DBX Dropbox
$22.65 /

+0.08 (+0.35%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
RNG RingCentral
$281.50 /

+7.53 (+2.75%)

06/01/20 KeyBanc
RingCentral initiated with an Overweight at KeyBanc
05/11/20 Jefferies
Avaya Q2 comments a positive read-through for RingCentral, says Jefferies
05/07/20 Wells Fargo
RingCentral price target raised to $285 from $280 at Wells Fargo
05/07/20 Oppenheimer
RingCentral price target raised to $270 from $240 at Oppenheimer
DOCU DocuSign
$145.71 /

+5.86 (+4.19%)

05/28/20 Wedbush
DocuSign price target raised to $140 from $115 at Wedbush
05/21/20 RBC Capital
DocuSign price target raised to $150 from $85 at RBC Capital
05/21/20 Citi
DocuSign price target raised to $150 from $85 at Citi
04/20/20 Evercore ISI
DocuSign downgraded to In Line from Outperform at Evercore ISI
ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

RNG RingCentral
$281.50 /

+7.53 (+2.75%)

DOCU DocuSign
$145.71 /

+5.86 (+4.19%)

DBX Dropbox
$22.65 /

+0.08 (+0.35%)

ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

DBX Dropbox
$22.65 /

+0.08 (+0.35%)

ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

RNG RingCentral
$281.50 /

+7.53 (+2.75%)

DBX Dropbox
$22.65 /

+0.08 (+0.35%)

ZM Zoom Video
$197.34 /

+17.71 (+9.86%)

WORK Slack Technologies
$36.45 /

+1.345 (+3.83%)

RNG RingCentral
$281.50 /

+7.53 (+2.75%)

DOCU DocuSign
$145.71 /

+5.86 (+4.19%)

DBX Dropbox
$22.65 /

+0.08 (+0.35%)

Options
Dropbox put volume heavy and directionally bearish » 11:35
05/26/20
05/26
11:35
05/26/20
11:35
DBX

Dropbox

$22.70 /

+1.03 (+4.75%)

Bearish flow noted in…

Bearish flow noted in Dropbox with 16,808 puts trading, or 11x expected. Most active are 6/5 weekly 23 puts and Jul-20 23 calls, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 2.46, while ATM IV is up over 2 points on the day. Earnings are expected on August 6th.

ShowHide Related Items >><<
DBX Dropbox
$22.70 /

+1.03 (+4.75%)

DBX Dropbox
$22.70 /

+1.03 (+4.75%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
DBX Dropbox
$22.70 /

+1.03 (+4.75%)

DBX Dropbox
$22.70 /

+1.03 (+4.75%)

DBX Dropbox
$22.70 /

+1.03 (+4.75%)

DBX Dropbox
$22.70 /

+1.03 (+4.75%)

Hot Stocks
Fly Intel: Top five weekend stock stories » 19:58
05/25/20
05/25
19:58
05/25/20
19:58
HTZ

Hertz

$2.84 /

-0.215 (-7.04%)

, REGN

Regeneron

$569.94 /

+8.55 (+1.52%)

, SNY

Sanofi

$47.31 /

-0.18 (-0.38%)

, AMZN

Amazon.com

$2,435.90 /

-11.65 (-0.48%)

, WMT

Walmart

$124.32 /

-0.64 (-0.51%)

, NVAX

Novavax

$46.14 /

-3.975 (-7.93%)

, WGO

Winnebago

$58.06 /

+0.47 (+0.82%)

, POOL

Pool Corp.

$238.08 /

-0.32 (-0.13%)

, YETI

Yeti

$30.41 /

+0.38 (+1.27%)

, DBX

Dropbox

$21.67 /

-0.465 (-2.10%)

Catch up on the…

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Hertz Global (HTZ) has announced that it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. "The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company's revenue and future bookings. Hertz took immediate actions to prioritize the health and safety of employees and customers, eliminate all non-essential spending and preserve liquidity. However, uncertainty remains as to when revenue will return and when the used-car market will fully re-open for sales, which necessitated today's action. The financial reorganization will provide Hertz a path toward a more robust financial structure that best positions the Company for the future as it navigates what could be a prolonged travel and overall global economic recovery," the company said in a statement. Hertz's principal international operating regions including Europe, Australia and New Zealand are not included in the U.S. Chapter 11 proceedings. In addition, Hertz's franchised locations, which are not owned by the company, also are not included in the Chapter 11 proceedings. 2. Regeneron Pharmaceuticals (REGN) announced the commencement of an underwritten public secondary offering of its common stock through which Sanofi (SNY) intends to exit its investment in Regeneron shares. The shares being offered by Sanofi will be sold in an underwritten public offering. Sanofi currently owns approximately 23.2M Regeneron shares and intends to sell approximately 12.8M shares in the public offering. Sanofi also expects to grant the underwriters a 30-day option to purchase an additional 10% of the shares offered in the base offering. The registered offering and share repurchase will have no impact on the ongoing collaboration between Regeneron and Sanofi. Regeneron also announced that subject to and immediately following the close of the secondary offering, Regeneron agreed to repurchase approximately $5B of common stock directly from Sanofi. The purchase price to be paid by Regeneron will be equal to the net offering price per share after deducting any underwriters' discount and commission. Following the offering and Regeneron's $5B share repurchase, and assuming that the underwriters exercise their option to purchase additional shares in full, Sanofi will have disposed of all of its shares, other than 400,000 shares it intends to retain. 3. The impact of COVID-19 hasn't been evenly felt among the nation's retailers, with the biggest and strongest not just surviving, but thriving, while many smaller store chains and mom-and-pop shops face disaster, Teresa Rivas wrote in this week's edition of Barron's. In the past five years, the rise of e-commerce has changed the retail industry, tilting the landscape in favor of behemoths such as Amazon (AMZN) and Walmart (WMT) that can afford slick websites and fast, free delivery service, the author noted. Now, without a vaccine or effective treatment for coronavirus available near-term, these well-capitalized companies are likely to keep gobbling up market share at the expense of smaller operators, Rivas contended. 4. Novavax (NVAX) announced enrollment of the first participants in a Phase 1/2 clinical trial of its coronavirus vaccine candidate, NVX-CoV2373, a stable, prefusion protein made using its proprietary nanoparticle technology. NVX-CoV2373 includes Novavax' proprietary Matrix-M adjuvant to enhance immune responses and stimulate high levels of neutralizing antibodies. Preliminary immunogenicity and safety results from the Phase 1 portion of the trial are expected in July 2020. The Phase 1/2 clinical trial is being conducted in two parts. The Phase 1 portion is a randomized, observer-blinded, placebo-controlled trial designed to evaluate the immunogenicity and safety of NVX-CoV2373, both adjuvanted with Matrix-M and unadjuvanted. The trial is enrolling approximately 130 healthy participants 18 to 59 years of age at two sites in Australia. The protocol's two-dose trial regimen assesses two dose sizes with Matrix-M and without. The Phase 2 portion is expected to be conducted in multiple countries, including the United States, and would assess immunity, safety and COVID-19 disease reduction in a broader age range. This Phase 1/2 approach allows for rapid advancement of NVX-CoV2373 during the pandemic. The trial is being supported by the recently announced funding arrangement with the Coalition for Epidemic Preparedness Innovations. 5. Winnebago Industries (WGO), Pool Cor. (POOL), Yeti (YETI) and DropBox (DBX) saw positive mentions in this week's edition of Barron's.

ShowHide Related Items >><<
YETI Yeti
$30.41 /

+0.38 (+1.27%)

WMT Walmart
$124.32 /

-0.64 (-0.51%)

WGO Winnebago
$58.06 /

+0.47 (+0.82%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

REGN Regeneron
$569.94 /

+8.55 (+1.52%)

POOL Pool Corp.
$238.08 /

-0.32 (-0.13%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

05/05/20 Morgan Stanley
2020 may not be quite as bad as feared for used cars, says Morgan Stanley
04/27/20
Fly Intel: Top five analyst downgrades
04/27/20 Barclays
Barclays downgrades Hertz to Underweight on risk of capital call
04/27/20 Barclays
Hertz downgraded to Underweight from Equal Weight at Barclays
REGN Regeneron
$569.94 /

+8.55 (+1.52%)

05/19/20 Roth Capital
Rapt CCR4 antagonist may be competitive against Dupixent, says Roth Capital
05/15/20 Piper Sandler
Ocular Therapeutix early OTX-TKI data encouraging, says Piper Sandler
05/14/20 Piper Sandler
Piper 'incrementally positive' on Regeneron shares after fireside chat
05/06/20 Canaccord
Regeneron price target raised to $630 from $575 at Canaccord
SNY Sanofi
$47.31 /

-0.18 (-0.38%)

05/12/20 Oppenheimer
Novavax price target raised to $38.50 from $19 at Oppenheimer
05/06/20 Oppenheimer
Regeneron price target raised to $625 from $525 at Oppenheimer
04/30/20 Roth Capital
aTyr Pharma '1923 another 'shot on goal' in COVID-19 fight, says Roth Capital
04/28/20 Barclays
Sanofi price target raised to EUR 85 from EUR 80 at Barclays
AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

05/18/20 Bernstein
Amazon not building standalone overnight network, says Bernstein
05/14/20 KeyBanc
Farfetch, Nordstrom, Revolve could be impacted by Amazon offering, says KeyBanc
05/12/20 Barrington
Amazon interest in AMC 'not outside the realm of possibility,' says Barrington
05/11/20 B. Riley FBR
Amazon buyout may not appeal to AMC shareholders, says B. Riley FBR
WMT Walmart
$124.32 /

-0.64 (-0.51%)

05/21/20 Bernstein
Walmart built for crisis, investing despite uncertainty, says Bernstein
05/20/20 Credit Suisse
Walmart price target raised to $135 from $127 at Credit Suisse
05/20/20 Guggenheim
Walmart price target raised to $140 from $135 at Guggenheim
05/20/20 Deutsche Bank
Walmart price target raised to $139 from $134 at Deutsche Bank
NVAX Novavax
$46.14 /

-3.975 (-7.93%)

05/18/20 B. Riley FBR
Novavax price target raised to $53 from $43 at B. Riley FBR
05/14/20 Ladenburg
Novavax price target raised to $50 from $38 at Ladenburg
05/12/20 B. Riley FBR
Novavax price target raised to $43 from $29 at B. Riley FBR
WGO Winnebago
$58.06 /

+0.47 (+0.82%)

05/12/20 SunTrust
Winnebago price target raised to $60 from $45 at SunTrust
04/17/20 Wolfe Research
Winnebago initiated with a Peer Perform at Wolfe Research
03/26/20 SunTrust
Winnebago price target raised to $38 from $28 at SunTrust
01/27/20 KeyBanc
Winnebago initiated with an Overweight at KeyBanc
POOL Pool Corp.
$238.08 /

-0.32 (-0.13%)

05/19/20 KeyBanc
Pool Corp. price target raised to $250 from $225 at KeyBanc
05/19/20 KeyBanc
Pool Corp. price target raised to $250 from $225 at KeyBanc
05/18/20 William Blair
Pool Corp. remains 'favorite safety stock' at William Blair
04/17/20 Sidoti
Pool Corp. downgraded to Neutral from Buy at Sidoti
YETI Yeti
$30.41 /

+0.38 (+1.27%)

05/05/20 Piper Sandler
Yeti price target lowered to $34 from $50 at Piper Sandler
04/28/20 BTIG
Yeti initiated with a Buy at BTIG
04/17/20 Stifel
Yeti downgraded to Hold from Buy at Stifel
04/15/20
Fly Intel: Top five analyst downgrades
DBX Dropbox
$21.67 /

-0.465 (-2.10%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
YETI Yeti
$30.41 /

+0.38 (+1.27%)

WMT Walmart
$124.32 /

-0.64 (-0.51%)

WGO Winnebago
$58.06 /

+0.47 (+0.82%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

REGN Regeneron
$569.94 /

+8.55 (+1.52%)

POOL Pool Corp.
$238.08 /

-0.32 (-0.13%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

YETI Yeti
$30.41 /

+0.38 (+1.27%)

WMT Walmart
$124.32 /

-0.64 (-0.51%)

WGO Winnebago
$58.06 /

+0.47 (+0.82%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

REGN Regeneron
$569.94 /

+8.55 (+1.52%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

YETI Yeti
$30.41 /

+0.38 (+1.27%)

WMT Walmart
$124.32 /

-0.64 (-0.51%)

WGO Winnebago
$58.06 /

+0.47 (+0.82%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

REGN Regeneron
$569.94 /

+8.55 (+1.52%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

YETI Yeti
$30.41 /

+0.38 (+1.27%)

WMT Walmart
$124.32 /

-0.64 (-0.51%)

SNY Sanofi
$47.31 /

-0.18 (-0.38%)

REGN Regeneron
$569.94 /

+8.55 (+1.52%)

NVAX Novavax
$46.14 /

-3.975 (-7.93%)

HTZ Hertz
$2.84 /

-0.215 (-7.04%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

AMZN Amazon.com
$2,435.90 /

-11.65 (-0.48%)

Periodicals
Not every cloud stock has soared, DropBox worth a look, Barron's says » 12:22
05/23/20
05/23
12:22
05/23/20
12:22
DBX

Dropbox

$21.67 /

-0.465 (-2.10%)

DropBox (DBX), an early…

DropBox (DBX), an early cloud player, remains well below all-time highs, even as the rest of the work -from-home universe has soared, Daren Fonda writes in this week's edition of Barron's. Dropbox stores photos, videos, and documents for some 600M users, and while storage is generally a background service and rarely top of mind, the company is now pushing its way into the foreground, the author notes. The goal is to be a neutral player where anyone can converse, exchange content, and collaborate, regardless of corporate origin or allegiance, Fonda adds. Reference Link

ShowHide Related Items >><<
DBX Dropbox
$21.67 /

-0.465 (-2.10%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
DBX Dropbox
$21.67 /

-0.465 (-2.10%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

DBX Dropbox
$21.67 /

-0.465 (-2.10%)

Hot Stocks
Elliott added Dropbox and Oracle during Q1, exited NortonLifeLock » 11:55
05/17/20
05/17
11:55
05/17/20
11:55
DBX

Dropbox

$22.38 /

+0.9 (+4.19%)

, ORCL

Oracle

$53.01 /

+0.09 (+0.17%)

, CTXS

Citrix

$146.61 /

+0.71 (+0.49%)

, QEP

QEP Resources

$0.74 /

+0.0452 (+6.52%)

, EGHT

8x8, Inc.

$15.33 /

+1.04 (+7.28%)

, CSOD

Cornerstone OnDemand

$34.69 /

+0.99 (+2.94%)

, NEWR

New Relic

$63.90 /

+5.68 (+9.76%)

, BA

Boeing

$119.93 /

-2.52 (-2.06%)

, SPR

Spirit AeroSystems

$18.31 /

+0.35 (+1.95%)

, SAP

SAP

$113.21 /

+0.12 (+0.11%)

, NLOK

NortonLifeLock

$20.02 /

-0.88 (-4.21%)

, VNO

Vornado

$35.30 /

+0.25 (+0.71%)

Paul Singer's…

Paul Singer's Elliott Management disclosed in an SEC filing Friday its holdings as of March 31, 2020. The firm added new positions in Dropbox (DBX), Oracle (ORCL), 8X8 Inc. (EGHT), Cornerstone OnDemand (CSOD), New Relic (NEWR) and Spirit Aerosystems (SPR) during the first three months of 2020. Elliott during the quarter also sold its positions in SAP (SAP), NortonLifeLock (NLOK) and Vornado Realty Trust (VNO).

ShowHide Related Items >><<
VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

05/15/20 Gordon Haskett
Gordon Haskett points to possible signs of activism at Dropbox, McKesson
05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
ORCL Oracle
$53.01 /

+0.09 (+0.17%)

05/08/20 DA Davidson
SailPoint price target raised to $24 from $18 at DA Davidson
04/09/20 Jefferies
Oracle should use cash for deals over buybacks, says Jefferies
03/31/20 Exane BNP Paribas
Oracle upgraded to Outperform from Neutral at Exane BNP Paribas
03/20/20
Fly Intel: Top five analyst upgrades
CTXS Citrix
$146.61 /

+0.71 (+0.49%)

04/24/20 Wells Fargo
Citrix price target raised to $165 from $150 at Wells Fargo
04/24/20 Deutsche Bank
Citrix price target raised to $200 from $175 at Deutsche Bank
04/24/20 Morgan Stanley
Citrix price target raised to $165 from $160 at Morgan Stanley
04/24/20 RBC Capital
Citrix price target raised to $153 from $147 at RBC Capital
QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

04/07/20 Scotiabank
QEP Resources downgraded to Underperform from Sector Perform at Scotiabank
03/31/20 Piper Sandler
QEP Resources downgraded to Underweight from Neutral at Piper Sandler
03/20/20 Stephens
Stephens upgrades Hess, downgrades 11 others in E&P following oil's melt down
03/20/20 Stephens
QEP Resources downgraded to Equal Weight from Overweight at Stephens
EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

05/13/20 Northland
8x8, Inc. price target lowered to $23 from $29 at Northland
05/13/20 B. Riley FBR
8x8, Inc. price target lowered to $12 from $13 at B. Riley FBR
05/13/20 Baird
8x8, Inc. price target lowered to $23 from $29 at Baird
05/13/20 BTIG
8x8, Inc. price target raised to $23 from $20 at BTIG
CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

05/12/20 Barclays
Cornerstone OnDemand results should be viewed positively, says Barclays
05/12/20 RBC Capital
Cornerstone OnDemand price target raised to $37 from $33 at RBC Capital
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
03/19/20 JMP Securities
Cornerstone OnDemand price target lowered to $61 from $70 at JMP Securities
NEWR New Relic
$63.90 /

+5.68 (+9.76%)

05/15/20 BMO Capital
New Relic price target raised to $70 from $53 at BMO Capital
05/15/20 Baird
New Relic price target raised to $75 from $58 at Baird
05/15/20 Needham
New Relic price target raised to $79 from $74 at Needham
05/15/20 Cowen
New Relic price target raised to $75 from $70 at Cowen
BA Boeing
$119.93 /

-2.52 (-2.06%)

05/05/20 Nord/LB
Boeing downgraded to Sell from Hold at Nord/LB
05/04/20 BofA
Embraer downgraded to Neutral from Buy at BofA
05/01/20 JPMorgan
Boeing price target raised to $158 from $130 at JPMorgan
04/30/20 Goldman Sachs
Goldman boosts Boeing price target to $209 on positive stabilization steps
SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

04/20/20 Citi
Citi downgrades Boeing to Neutral on 'collapsed' aerospace story
04/13/20 BofA
BofA downgrades Spirit AeroSystems to Underperform, slashes price target to $25
04/13/20 BofA
Spirit AeroSystems downgraded to Underperform from Neutral at BofA
03/11/20 Goldman Sachs
Spirit AeroSystems upgraded to Buy from Neutral at Goldman Sachs
SAP SAP
$113.21 /

+0.12 (+0.11%)

04/22/20 RBC Capital
SAP downgraded to Sector Perform from Outperform at RBC Capital
04/21/20 Jefferies
SAP 2020 guidance 'very soft,' 2023 ambition intact, says
04/13/20 BMO Capital
SAP price target lowered to $135 from $150 at BMO Capital
04/09/20 Deutsche Bank
SAP upgraded to Buy from Hold at Deutsche Bank
NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

05/15/20 Mizuho
NortonLifeLock price target raised to $23 from $21 at Mizuho
03/25/20 Morgan Stanley
Morgan Stanley still sees EPS growth path at NortonLifeLock, ups to Overweight
03/25/20 Morgan Stanley
NortonLifeLock upgraded to Overweight from Equal Weight at Morgan Stanley
02/07/20 Mizuho
NortonLifeLock price target raised to $21 from $19 at Mizuho
VNO Vornado
$35.30 /

+0.25 (+0.71%)

05/05/20 Stifel
Vornado downgraded to Sell from Hold at Stifel
04/08/20 BMO Capital
SL Green Realty downgraded to Market Perform from Outperform at BMO Capital
04/07/20 Citi
Vornado downgraded to Neutral from Buy at Citi
04/02/20 Goldman Sachs
Vornado downgraded to Sell from Neutral at Goldman Sachs
VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

SAP SAP
$113.21 /

+0.12 (+0.11%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

QEP QEP Resources
$0.74 /

+0.0452 (+6.52%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

NEWR New Relic
$63.90 /

+5.68 (+9.76%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

CSOD Cornerstone OnDemand
$34.69 /

+0.99 (+2.94%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

VNO Vornado
$35.30 /

+0.25 (+0.71%)

SPR Spirit AeroSystems
$18.31 /

+0.35 (+1.95%)

ORCL Oracle
$53.01 /

+0.09 (+0.17%)

NLOK NortonLifeLock
$20.02 /

-0.88 (-4.21%)

EGHT 8x8, Inc.
$15.33 /

+1.04 (+7.28%)

DBX Dropbox
$22.38 /

+0.9 (+4.19%)

CTXS Citrix
$146.61 /

+0.71 (+0.49%)

BA Boeing
$119.93 /

-2.52 (-2.06%)

Recommendations
Gordon Haskett points to possible signs of activism at Dropbox, McKesson » 10:00
05/15/20
05/15
10:00
05/15/20
10:00
DBX

Dropbox

$21.85 /

+0.37 (+1.72%)

, MCK

McKesson

$132.08 /

+2.92 (+2.26%)

Gordon Haskett's Don…

Gordon Haskett's Don Bilson, who heads the firm's event-driven research, noted earlier that Nomura Securities' latest 13-D filing showed that it owned almost 7M Dropbox (DBX) shares at the end of March. "The reason this is interesting is Nomura is where activists often go for swaps," said Bilson, who added that it looks to him "like somebody has picked themselves up a decent amount of DBX exposure through a swap." Credit Suisse "is a desk that has also been known to put 'activists' into swaps," according to Bilson, who pointed out that McKesson (MCK) is on the list of the firm's positions that saw the greatest change in market value from December through the end of March. Not only is McKesson on the list "but its sitting in the pole position," added Bilson, who also said that "if one of the usual suspects is at MCK, it seems more likely that they are there as an opportunist or a suggestivist."

ShowHide Related Items >><<
MCK McKesson
$132.08 /

+2.92 (+2.26%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

05/15/20 Citi
Dropbox initiated with a Buy at Citi
05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
02/21/20 Canaccord
Dropbox results solid but momentum hard to break, says Canaccord
MCK McKesson
$132.08 /

+2.92 (+2.26%)

05/15/20 UBS
McKesson, Cardinal Health upgraded to Buy from Neutral at UBS
05/15/20 UBS
McKesson upgraded to Buy from Neutral at UBS
04/22/20 Credit Suisse
McKesson initiated with a Neutral at Credit Suisse
03/18/20
Fly Intel: Top five analyst upgrades
MCK McKesson
$132.08 /

+2.92 (+2.26%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

MCK McKesson
$132.08 /

+2.92 (+2.26%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

MCK McKesson
$132.08 /

+2.92 (+2.26%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

MCK McKesson
$132.08 /

+2.92 (+2.26%)

DBX Dropbox
$21.85 /

+0.37 (+1.72%)

Initiation
Dropbox initiated with a Buy at Citi » 06:21
05/15/20
05/15
06:21
05/15/20
06:21
DBX

Dropbox

$21.48 /

-0.065 (-0.30%)

Citi analyst Walter…

Citi analyst Walter Pritchard initiated coverage of Dropbox with a Buy rating and $27 price target. The analyst wants exposure to franchises that can have significant share or have "high value" users while putting into the framework of worldwide information worker segmentation and likely market consolidation.

ShowHide Related Items >><<
DBX Dropbox
$21.48 /

-0.065 (-0.30%)

DBX Dropbox
$21.48 /

-0.065 (-0.30%)

05/08/20 Jefferies
Dropbox price target raised to $22 from $20 at Jefferies
03/26/20 Goldman Sachs
Dropbox downgraded to Sell from Neutral at Goldman Sachs
02/21/20 Canaccord
Dropbox results solid but momentum hard to break, says Canaccord
02/21/20 Deutsche Bank
Dropbox target raised to $30 on 'thesis-changing' Q4 at Deutsche Bank
DBX Dropbox
$21.48 /

-0.065 (-0.30%)

DBX Dropbox
$21.48 /

-0.065 (-0.30%)

DBX Dropbox
$21.48 /

-0.065 (-0.30%)

DBX Dropbox
$21.48 /

-0.065 (-0.30%)

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