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On The Fly
#SocialStocks: Jack Dorsey steps down from Twitter board, makes room for Musk » 15:45
05/25/22
05/25
15:45
05/25/22
15:45
TWTR

Twitter

$37.08 /

+1.235 (+3.45%)

, MSFT

Microsoft

$263.46 /

+3.79 (+1.46%)

, FB

Meta Platforms

$184.54 /

+3.31 (+1.83%)

, SNAP

Snap

$14.19 /

+1.38 (+10.78%)

, ZM

Zoom Video

$102.85 /

+8.685 (+9.22%)

, TSLA

Tesla

$666.30 /

+38.335 (+6.10%)

Welcome to…

ShowHide Related Items >><<
TWTR Twitter
$37.08 /

+1.235 (+3.45%)

MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

SNAP Snap
$14.19 /

+1.38 (+10.78%)

ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

TSLA Tesla
$666.30 /

+38.335 (+6.10%)

TWTR Twitter
$37.08 /

+1.235 (+3.45%)

05/24/22 Jefferies
Twitter price target lowered to $40 from $48 at Jefferies
05/24/22 Wedbush
More fireworks expected heading into Twitter shareholder meeting, says Wedbush
05/24/22 KeyBanc
Snap price target lowered to $27 from $45 at KeyBanc
05/24/22 Bernstein
Bernstein says Tesla-Twitter saga far from over, discusses funding requirements
MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

05/24/22 Jefferies
Meta Platforms price target lowered to $310 from $330 at Jefferies
05/24/22 BofA
Snap price target lowered to $30 from $50 at BofA
05/24/22 KeyBanc
Snap price target lowered to $27 from $45 at KeyBanc
05/24/22 Piper Sandler
Snap price target lowered to $30 from $50 at Piper Sandler
SNAP Snap
$14.19 /

+1.38 (+10.78%)

08:13 Today Susquehanna
Snap price target lowered to $14 from $34 at Susquehanna
05/24/22 Truist
Snap price target lowered to $33 from $60 at Truist
05/24/22 Oppenheimer
Snap price target lowered to $30 from $40 at Oppenheimer
05/24/22 MKM Partners
Snap price target lowered to $26 from $41 at MKM Partners
ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

05/24/22 Morgan Stanley
Zoom rebutted 'overwhelmingly negative sentiment' with Q1, says Morgan Stanley
05/24/22 Stifel
Zoom Video price target lowered to $120 from $150 at Stifel
05/24/22 Benchmark
Zoom Video price target raised to $128 from $124 at Benchmark
05/24/22 Citi
Zoom Video price target lowered to $99 from $118 at Citi
TSLA Tesla
$666.30 /

+38.335 (+6.10%)

05/24/22 Wedbush
More fireworks expected heading into Twitter shareholder meeting, says Wedbush
05/24/22 Bernstein
Bernstein says Tesla-Twitter saga far from over, discusses funding requirements
05/24/22 Daiwa
Tesla price target lowered to $800 from $1,150 at Daiwa
05/23/22 Mizuho
Nio could be back to pre-shutdown levels by June, says Mizuho
TWTR Twitter
$37.08 /

+1.235 (+3.45%)

MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

SNAP Snap
$14.19 /

+1.38 (+10.78%)

ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

TSLA Tesla
$666.30 /

+38.335 (+6.10%)

TWTR Twitter
$37.08 /

+1.235 (+3.45%)

MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

SNAP Snap
$14.19 /

+1.38 (+10.78%)

ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

TSLA Tesla
$666.30 /

+38.335 (+6.10%)

TWTR Twitter
$37.08 /

+1.235 (+3.45%)

MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

SNAP Snap
$14.19 /

+1.38 (+10.78%)

ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

TSLA Tesla
$666.30 /

+38.335 (+6.10%)

TWTR Twitter
$37.08 /

+1.235 (+3.45%)

MSFT Microsoft
$263.46 /

+3.79 (+1.46%)

FB Meta Platforms
$184.54 /

+3.31 (+1.83%)

SNAP Snap
$14.19 /

+1.38 (+10.78%)

ZM Zoom Video
$102.85 /

+8.685 (+9.22%)

TSLA Tesla
$666.30 /

+38.335 (+6.10%)

Hot Stocks
Microsoft says Meta selected Azure as strategic cloud provider » 12:51
05/25/22
05/25
12:51
05/25/22
12:51
MSFT

Microsoft

$258.81 /

-0.865 (-0.33%)

, FB

Meta Platforms

$181.70 /

+0.47 (+0.26%)

Microsoft announced an…

Microsoft announced an expansion of our ongoing collaboration with Meta Platforms, saying Meta has selected Azure as a strategic cloud provider to help accelerate artificial intelligence research and development. "As part of this deeper relationship, Meta will expand its use of Azure's supercomputing power to accelerate AI research and development for its Meta AI group," Microsoft said in a blog post. In addition, Meta and Microsoft "will collaborate to scale PyTorch adoption on Azure and accelerate developers' journey from experimentation to production," it added. Reference Link

ShowHide Related Items >><<
MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

05/24/22 Jefferies
Meta Platforms price target lowered to $310 from $330 at Jefferies
05/24/22 BofA
Snap price target lowered to $30 from $50 at BofA
05/24/22 KeyBanc
Snap price target lowered to $27 from $45 at KeyBanc
05/24/22 Piper Sandler
Snap price target lowered to $30 from $50 at Piper Sandler
MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

MSFT Microsoft
$258.81 /

-0.865 (-0.33%)

FB Meta Platforms
$181.70 /

+0.47 (+0.26%)

Periodicals
Microsoft confirms over 10M players use Xbox Cloud Gaming, 9to5Google reports » 06:35
05/25/22
05/25
06:35
05/25/22
06:35
MSFT

Microsoft

$259.67 /

-0.61 (-0.23%)

At the company's…

At the company's Build conference. Microsoft's Satya Nadella officially confirmed over 10M players are using Xbox Cloud Gaming, Ben Schoon of 9to5Google reports. Xbox Cloud Gaming launched in 2022 and is part of the Xbox Game Pass' "Ultimate Tier." Nadella's full quote follows: "We're bringing Xbox everywhere with Xbox Cloud Gaming. More than 10 million Xbox players have streamed games across 26 countries." Reference Link

ShowHide Related Items >><<
MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

MSFT Microsoft
$259.67 /

-0.61 (-0.23%)

Yesterday
Hot Stocks
Microsoft updates Windows 11 Store for developers utilizing 'open platform' » 13:43
05/24/22
05/24
13:43
05/24/22
13:43
MSFT

Microsoft

$256.96 /

-3.32 (-1.28%)

On the Windows Blogs…

On the Windows Blogs page, Panos Panay, Chief Product Officer, Windows and Devices wrote, in part: " As a team, we're thrilled to spend time with the developer community at Microsoft Build... we are sharing new updates to Windows 11 and the Microsoft Store for developers including: New app building tools to enable you to take your existing code and make it incredibly compelling on Windows...We are building toward our vision for a world of intelligent hybrid compute, bringing together local compute on the CPU, GPU, and NPU and cloud compute with Azure... In the future, moving compute workloads between client and cloud will be as dynamic and seamless as moving between Wi-Fi and cellular on your phone. Bringing Azure and Windows closer together will enable you to bring new classes of applications to life for your commercial and consumer customers. This journey begins with Windows 365, Xbox Cloud Gaming, and Azure Virtual Desktop and will continue with cloud and NPU processing on more Windows devices. We will also continue to bridge toward this future, utilizing our open platform, open store, and open hardware ecosystem to empower you to bring your skills, talent, and passion forward. Our goal with the open platform of Windows is to make it easy for you to build and run your apps on Windows, whether they're .NET, web, Android, C++, Linux, or any number of cross-platform frameworks. This makes it easy to use Windows for all your developer workflows and distribution models and reach more users to build your business your way." Reference Link

ShowHide Related Items >><<
MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

MSFT Microsoft
$256.96 /

-3.32 (-1.28%)

On The Fly
What You Missed This Week in Video Games » 10:41
05/24/22
05/24
10:41
05/24/22
10:41
NTDOY

Nintendo

$58.37 /

+0.74 (+1.28%)

, ZNGA

Zynga

$8.20 /

+ (+0.00%)

, TTWO

Take-Two

$122.46 /

-1.175 (-0.95%)

, ATVI

Activision Blizzard

$76.90 /

-0.31 (-0.40%)

, MSFT

Microsoft

$253.76 /

-6.52 (-2.50%)

, CMCSK

Comcast

$58.00 /

+ (+0.00%)

, CMCSA

Comcast

$42.33 /

-0.54 (-1.26%)

, AMZN

Amazon.com

$2,027.13 /

-125.73 (-5.84%)

, AAPL

Apple

$138.00 /

-5.06 (-3.54%)

, DIS

Disney

$100.57 /

-5.24 (-4.95%)

, EA

Electronic Arts

$134.72 /

+0.99 (+0.74%)

"Game On" is The Fly's…

ShowHide Related Items >><<
ZNGA Zynga
$8.20 /

+ (+0.00%)

TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

NTDOY Nintendo
$58.37 /

+0.74 (+1.28%)

MSFT Microsoft
$253.76 /

-6.52 (-2.50%)

EA Electronic Arts
$134.72 /

+0.99 (+0.74%)

DIS Disney
$100.57 /

-5.24 (-4.95%)

CMCSK Comcast
$58.00 /

+ (+0.00%)

CMCSA Comcast
$42.33 /

-0.54 (-1.26%)

ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

AAPL Apple
$138.00 /

-5.06 (-3.54%)

NTDOY Nintendo
$58.37 /

+0.74 (+1.28%)

05/24/22 CLSA
Nintendo price target lowered to 51,000 yen from 53,000 yen at CLSA
03/23/22 Macquarie
Nintendo upgraded to Outperform from Neutral at Macquarie
02/16/22 Jefferies
Nintendo upgraded to Buy from Hold at Jefferies
11/05/21 Macquarie
Nintendo downgraded to Neutral from Outperform at Macquarie
ZNGA Zynga
$8.20 /

+ (+0.00%)

05/17/22 Jefferies
Take-Two guidance 'better than feared,' says Jefferies
05/17/22 Wedbush
Take-Two price target lowered to $145 from $180 at Wedbush
05/17/22 Morgan Stanley
Take-Two price target lowered to $195 from $215 at Morgan Stanley
04/19/22 Goldman Sachs
Zynga assumed with Not Rated at Goldman Sachs
TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

06:19 Today Deutsche Bank
Take-Two price target lowered to $200 from $215 at Deutsche Bank
05/17/22 Oppenheimer
Take-Two price target lowered to $190 from $215 at Oppenheimer
ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/25/22 Benchmark
Activision results for Blizzard 'somewhat shocking,' says Benchmark
04/19/22 Goldman Sachs
Activision Blizzard assumed with Not Rated at Goldman Sachs
02/28/22 Benchmark
Playstudios could be target as game industry consolidates, says Benchmark
MSFT Microsoft
$253.76 /

-6.52 (-2.50%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
CMCSK Comcast
$58.00 /

+ (+0.00%)

05/23/22 Raymond James
Electronic Arts moves 'somewhat unexpected,' says Raymond James
04/14/22 Oppenheimer
Comcast price target lowered to $60 from $75 at Oppenheimer
03/23/22 Craig-Hallum
ComScore poised for share gains in local measurement, says Craig-Hallum
CMCSA Comcast
$42.33 /

-0.54 (-1.26%)

05/23/22 Jefferies
Odds favor no EA deal over a deal for next several quarters, says Jefferies
05/06/22 Truist
Cable One price target lowered to $1,400 from $2,000 at Truist
04/29/22 Morgan Stanley
Comcast price target lowered to $55 from $60 at Morgan Stanley
AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

05/20/22 Citi
Amazon.com removed from Focus List at Citi
05/10/22 Morgan Stanley
Expectations for Affirm outlook 'meaningfully' lower, says Morgan Stanley
05/10/22 Morgan Stanley
Morgan Stanley sees 300% upside potential for Rivian in base case
AAPL Apple
$138.00 /

-5.06 (-3.54%)

05/24/22 BofA
Apple App Store growth has re-accelerated modestly, says BofA
05/24/22 Benchmark
Snap price target lowered to $20 from $40 at Benchmark
05/23/22 UBS
UBS finds solid iPhone purchase demand in China, modest U.S. downtick for Apple
DIS Disney
$100.57 /

-5.24 (-4.95%)

05/24/22 Daiwa
Disney price target lowered to $151 from $201 at Daiwa
05/23/22 KGI Securities
Disney initiated with an Outperform at KGI Securities
EA Electronic Arts
$134.72 /

+0.99 (+0.74%)

05/11/22 Wells Fargo
Electronic Arts price target lowered to $145 from $155 at Wells Fargo
ZNGA Zynga
$8.20 /

+ (+0.00%)

TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

NTDOY Nintendo
$58.37 /

+0.74 (+1.28%)

MSFT Microsoft
$253.76 /

-6.52 (-2.50%)

EA Electronic Arts
$134.72 /

+0.99 (+0.74%)

DIS Disney
$100.57 /

-5.24 (-4.95%)

CMCSK Comcast
$58.00 /

+ (+0.00%)

ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

AAPL Apple
$138.00 /

-5.06 (-3.54%)

ZNGA Zynga
$8.20 /

+ (+0.00%)

TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

NTDOY Nintendo
$58.37 /

+0.74 (+1.28%)

EA Electronic Arts
$134.72 /

+0.99 (+0.74%)

DIS Disney
$100.57 /

-5.24 (-4.95%)

CMCSK Comcast
$58.00 /

+ (+0.00%)

CMCSA Comcast
$42.33 /

-0.54 (-1.26%)

ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

AAPL Apple
$138.00 /

-5.06 (-3.54%)

ZNGA Zynga
$8.20 /

+ (+0.00%)

TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

NTDOY Nintendo
$58.37 /

+0.74 (+1.28%)

MSFT Microsoft
$253.76 /

-6.52 (-2.50%)

DIS Disney
$100.57 /

-5.24 (-4.95%)

CMCSK Comcast
$58.00 /

+ (+0.00%)

CMCSA Comcast
$42.33 /

-0.54 (-1.26%)

ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

ZNGA Zynga
$8.20 /

+ (+0.00%)

TTWO Take-Two
$122.46 /

-1.175 (-0.95%)

MSFT Microsoft
$253.76 /

-6.52 (-2.50%)

EA Electronic Arts
$134.72 /

+0.99 (+0.74%)

DIS Disney
$100.57 /

-5.24 (-4.95%)

CMCSA Comcast
$42.33 /

-0.54 (-1.26%)

ATVI Activision Blizzard
$76.90 /

-0.31 (-0.40%)

AMZN Amazon.com
$2,027.13 /

-125.73 (-5.84%)

AAPL Apple
$138.00 /

-5.06 (-3.54%)

Periodicals
NLRB says Activision Blizzard illegally threatened staff, Reuters reports » 06:33
05/24/22
05/24
06:33
05/24/22
06:33
ATVI

Activision Blizzard

$77.21 /

-0.185 (-0.24%)

The National Labor…

The National Labor Relations Board, NLRB, said Activision Blizzard enforced a social media policy that conflicted with workers' rights andd illegally threatened staff in the policy's enforcement, Reuters reports. Unless the company settles, the Los Angeles-based regional director of the NLRB will issue a complaint, a spokesperson said in a statement, according to Reuters. The NLRB has been investigating allegations since last September. "These allegations are false. Employees may and do talk freely about these workplace issues without retaliation, and our social media policy expressly incorporates employees' NLRB rights," a company spokesperson told Reuters. Reference Link

ShowHide Related Items >><<
ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/25/22 Benchmark
Activision results for Blizzard 'somewhat shocking,' says Benchmark
04/19/22 Goldman Sachs
Activision Blizzard assumed with Not Rated at Goldman Sachs
02/28/22 Benchmark
Playstudios could be target as game industry consolidates, says Benchmark
ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

Periodicals
Activision studio workers vote to unionize, NY Times reports » 06:14
05/24/22
05/24
06:14
05/24/22
06:14
ATVI

Activision Blizzard

$77.21 /

-0.185 (-0.24%)

, MSFT

Microsoft

$260.28 /

+7.71 (+3.05%)

Workers at an Activision…

Workers at an Activision (ATVI) studio in Wisconsin have voted to unionize, a first for the gaming industry, The New York Times' Kellen Browning reports. The new union affects only a small group of workers, just 28 quality-assurance workers at Activision's Raven Software studio in Wisconsin that helps develop the Call of Duty game. "Our biggest hope is that our union serves as inspiration for the growing movement of workers organizing at video game studios to create better games and build workplaces that reflect our values and empower all of us," workers in the new union said in a statement. Activision is in the process of being acquired by Microsoft (MSFT) for $70B. Reference Link

ShowHide Related Items >><<
MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/25/22 Benchmark
Activision results for Blizzard 'somewhat shocking,' says Benchmark
04/19/22 Goldman Sachs
Activision Blizzard assumed with Not Rated at Goldman Sachs
02/28/22 Benchmark
Playstudios could be target as game industry consolidates, says Benchmark
MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

05/23/22 Jefferies
Microsoft price target lowered to $325 from $400 at Jefferies
05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

MSFT Microsoft
$260.28 /

+7.71 (+3.05%)

ATVI Activision Blizzard
$77.21 /

-0.185 (-0.24%)

Monday
Recommendations
Microsoft price target lowered to $325 from $400 at Jefferies » 08:22
05/23/22
05/23
08:22
05/23/22
08:22
MSFT

Microsoft

$252.57 /

-0.44 (-0.17%)

Jefferies analyst Brent…

Jefferies analyst Brent Thill lowered the firm's price target on Microsoft to $325 from $400 and keeps a Buy rating on the shares. Thill has lowered forecasts across 28 software companies he covers given stiffening economic headwinds and the looming risk of recession and the multiples embedded in his new price targets are 25% lower, though he warns investors that he believes there could still be downside to multiples if fundamentals weaken further.

ShowHide Related Items >><<
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

05/23/22 RBC Capital
Upwork initiated with a Sector Perform at RBC Capital
05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

Initiation
Upwork initiated with a Sector Perform at RBC Capital » 06:40
05/23/22
05/23
06:40
05/23/22
06:40
UPWK

Upwork

$18.32 /

+0.24 (+1.33%)

, MSFT

Microsoft

$252.57 /

-0.44 (-0.17%)

RBC Capital analyst Brad…

RBC Capital analyst Brad Erickson initiated coverage of Upwork with a Sector Perform rating and $21 price target. The analyst cites his balanced views of a large total addressable market and comprehensive services portfolio offset by rising customer acquisition cost, competitive intensity, and likely abating labor tailwinds. While the digital freelance opportunity should support double-digit growth, the cost of capital is tightening and LinkedIn represents a "meaningful overhang unlikely to go away anytime soon, Erickson tells investors in a research note.

ShowHide Related Items >><<
UPWK Upwork
$18.32 /

+0.24 (+1.33%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

UPWK Upwork
$18.32 /

+0.24 (+1.33%)

05/17/22 Piper Sandler
'Interesting time' to be looking at Upwork story, says Piper Sandler
05/16/22 Stifel
Upwork downgraded to Hold from Buy at Stifel
04/28/22 Needham
Upwork price target lowered to $33 from $42 at Needham
04/28/22 Canaccord
Upwork price target lowered to $36 from $40 at Canaccord
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/29/22 OTR Global
Okta view downgraded to Negative from Mixed at OTR Global
UPWK Upwork
$18.32 /

+0.24 (+1.33%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

UPWK Upwork
$18.32 /

+0.24 (+1.33%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

UPWK Upwork
$18.32 /

+0.24 (+1.33%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

Periodicals
Electronic Arts reportedly looking to sell or merge, Kotaku reports » 06:34
05/23/22
05/23
06:34
05/23/22
06:34
EA

Electronic Arts

$130.77 /

+0.725 (+0.56%)

, CMCSA

Comcast

$41.99 /

-0.04 (-0.10%)

, DIS

Disney

$102.38 /

-0.81 (-0.78%)

, AAPL

Apple

$137.58 /

+0.26 (+0.19%)

, MSFT

Microsoft

$252.57 /

-0.44 (-0.17%)

, ATVI

Activision Blizzard

$77.40 /

-0.345 (-0.44%)

EA (EA) recently pursued…

EA (EA) recently pursued a merger with NBCUniversal (CMCSA) and also held potential acquisition talks with Disney (DIS), Apple (AAPL), and other companies, Ethan Gach of Kotaku reports, citing a news report by Puck. While these deals are not currently in the works, it appears that EA will continue working on these plans. "Several sources familiar with these talks say EA has been persistent in pursuing a sale, and has only grown more emboldened in the wake of the Microsoft (MSFT) - Activision (ATVI) deal. Others say that EA is primarily interested in a merger arrangement that would allow Wilson to remain as chief executive of the combined company," wrote Dylan Beyers of Puck, according to Kotaku. Reportedly, the deal with NBCUniversal got the furthest along, but fell apart due to price, Beyers reported, according to Kotaku. "We don't comment on rumors and speculation relating to M&A," EA spokesperson John Reseburg told Kotaku in a statement. "We are proud to be operating from a position of strength and growth, with a portfolio of amazing games, built around powerful IP, made by incredibly talented teams, and a network of more than half a billion players." Reference Link

ShowHide Related Items >><<
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

DIS Disney
$102.38 /

-0.81 (-0.78%)

CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

AAPL Apple
$137.58 /

+0.26 (+0.19%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

05/17/22 Morgan Stanley
Take-Two price target lowered to $195 from $215 at Morgan Stanley
05/11/22 Wells Fargo
Electronic Arts price target lowered to $145 from $155 at Wells Fargo
05/11/22 Wedbush
Electronic Arts price target lowered to $164 from $180 at Wedbush
05/11/22 Cowen
Electronic Arts price target lowered to $158 from $180 at Cowen
CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

05/06/22 Truist
Cable One price target lowered to $1,400 from $2,000 at Truist
04/29/22 Morgan Stanley
Comcast price target lowered to $55 from $60 at Morgan Stanley
04/29/22 Needham
Accolade price target lowered to $12 from $33 at Needham
04/29/22 Deutsche Bank
Comcast price target lowered to $60 from $62 at Deutsche Bank
DIS Disney
$102.38 /

-0.81 (-0.78%)

05/23/22 KGI Securities
Disney initiated with an Outperform at KGI Securities
05/16/22 Stifel
Trade Desk upgraded to Buy from Hold at Stifel
05/13/22 Barclays
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05/12/22 RBC Capital
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AAPL Apple
$137.58 /

+0.26 (+0.19%)

05/20/22 Wedbush
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05/19/22 BofA
BofA raises iPhone estimates, trims Apple price target to $200
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05/04/22 Benchmark
Cirrus Logic price target lowered to $95 from $100 at Benchmark
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

05/19/22 RBC Capital
Microsoft investor meetings indicate no change to macro/demand, says RBC Capital
05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/29/22 OTR Global
Okta view downgraded to Negative from Mixed at OTR Global
ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

04/25/22 Benchmark
Activision results for Blizzard 'somewhat shocking,' says Benchmark
04/19/22 Goldman Sachs
Activision Blizzard assumed with Not Rated at Goldman Sachs
02/28/22 Benchmark
Playstudios could be target as game industry consolidates, says Benchmark
MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

DIS Disney
$102.38 /

-0.81 (-0.78%)

CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

AAPL Apple
$137.58 /

+0.26 (+0.19%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

DIS Disney
$102.38 /

-0.81 (-0.78%)

CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

AAPL Apple
$137.58 /

+0.26 (+0.19%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

DIS Disney
$102.38 /

-0.81 (-0.78%)

CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

AAPL Apple
$137.58 /

+0.26 (+0.19%)

MSFT Microsoft
$252.57 /

-0.44 (-0.17%)

EA Electronic Arts
$130.77 /

+0.725 (+0.56%)

DIS Disney
$102.38 /

-0.81 (-0.78%)

CMCSA Comcast
$41.99 /

-0.04 (-0.10%)

ATVI Activision Blizzard
$77.40 /

-0.345 (-0.44%)

AAPL Apple
$137.58 /

+0.26 (+0.19%)

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