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Initiation
New Relic initiated with a Hold at Loop Capital » 08:00
09/16/20
09/16
08:00
09/16/20
08:00
NEWR

New Relic

$57.76 /

+1.78 (+3.18%)

Loop Capital analyst Yun…

Loop Capital analyst Yun Kim initiated coverage of New Relic with a Hold rating and $60 price target. While the analyst believes New Relic's short-term transition and execution risks related to the new go-to-market are fully reflected in its current valuation, Kim says it remains uncertain whether the company can capitalize on the strong secular trend around the migration of workloads to the cloud and reaccelerate its growth that is at least in-line with the other high-profile competitors.

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NEWR New Relic
$57.76 /

+1.78 (+3.18%)

NEWR New Relic
$57.76 /

+1.78 (+3.18%)

09/15/20 Loop Capital
New Relic initiated with a Hold at Loop Capital
08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
NEWR New Relic
$57.76 /

+1.78 (+3.18%)

NEWR New Relic
$57.76 /

+1.78 (+3.18%)

NEWR New Relic
$57.76 /

+1.78 (+3.18%)

Initiation
New Relic initiated with a Hold at Loop Capital » 16:10
09/15/20
09/15
16:10
09/15/20
16:10
NEWR

New Relic

$57.90 /

+1.92 (+3.43%)

Loop Capital initiated…

Loop Capital initiated coverage of New Relic with a Hold rating and $60 price target.

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NEWR New Relic
$57.90 /

+1.92 (+3.43%)

NEWR New Relic
$57.90 /

+1.92 (+3.43%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$57.90 /

+1.92 (+3.43%)

NEWR New Relic
$57.90 /

+1.92 (+3.43%)

NEWR New Relic
$57.90 /

+1.92 (+3.43%)

Conference/Events
New Relic management to meet virtually with DA Davidson » 04:55
09/14/20
09/14
04:55
09/14/20
04:55
NEWR

New Relic

$55.98 /

-2.2 (-3.78%)

Virtual Meeting to be…

Virtual Meeting to be held on September 14 hosted by DA Davidson.

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NEWR New Relic
$55.98 /

-2.2 (-3.78%)

NEWR New Relic
$55.98 /

-2.2 (-3.78%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$55.98 /

-2.2 (-3.78%)

NEWR New Relic
$55.98 /

-2.2 (-3.78%)

NEWR New Relic
$55.98 /

-2.2 (-3.78%)

Conference/Events
New Relic management to meet virtually with DA Davidson » 11:07
09/10/20
09/10
11:07
09/10/20
11:07
NEWR

New Relic

$58.40 /

+1.365 (+2.39%)

Virtual Meeting to be…

Virtual Meeting to be held on September 14 hosted by DA Davidson.

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NEWR New Relic
$58.40 /

+1.365 (+2.39%)

NEWR New Relic
$58.40 /

+1.365 (+2.39%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$58.40 /

+1.365 (+2.39%)

NEWR New Relic
$58.40 /

+1.365 (+2.39%)

NEWR New Relic
$58.40 /

+1.365 (+2.39%)

Conference/Events
New Relic management to meet virtually with JMP Securities » 04:55
09/03/20
09/03
04:55
09/03/20
04:55
NEWR

New Relic

$62.70 /

-0.13 (-0.21%)

Virtual Meeting to be…

Virtual Meeting to be held on September 3 hosted by JMP Securities.

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NEWR New Relic
$62.70 /

-0.13 (-0.21%)

NEWR New Relic
$62.70 /

-0.13 (-0.21%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$62.70 /

-0.13 (-0.21%)

NEWR New Relic
$62.70 /

-0.13 (-0.21%)

NEWR New Relic
$62.70 /

-0.13 (-0.21%)

Conference/Events
New Relic management to meet virtually with JMP Securities » 10:16
09/01/20
09/01
10:16
09/01/20
10:16
NEWR

New Relic

$62.65 /

+1.175 (+1.91%)

Virtual Meeting to be…

Virtual Meeting to be held on September 3 hosted by JMP Securities.

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NEWR New Relic
$62.65 /

+1.175 (+1.91%)

NEWR New Relic
$62.65 /

+1.175 (+1.91%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$62.65 /

+1.175 (+1.91%)

NEWR New Relic
$62.65 /

+1.175 (+1.91%)

NEWR New Relic
$62.65 /

+1.175 (+1.91%)

Over a month ago
Periodicals
New Relic 'worth keeping an eye on' after board changes, Dealreporter says » 10:08
08/20/20
08/20
10:08
08/20/20
10:08
NEWR

New Relic

$57.97 /

+1.05 (+1.84%)

New Relic is "worth…

New Relic is "worth keeping an eye on" following the addition of two board members, including Citrix (CTXS) CEO David Henshall, Dealreporter says, contacts tell The Fly. Dealreporter points out that New Relic has seen activist involvement in the past, its shareholders are frustrated, and that the company's turnaround has failed to gain traction thus far. New Relic shares are up 3% to $58.37 in early trading.

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NEWR New Relic
$57.97 /

+1.05 (+1.84%)

NEWR New Relic
$57.97 /

+1.05 (+1.84%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
NEWR New Relic
$57.97 /

+1.05 (+1.84%)

NEWR New Relic
$57.97 /

+1.05 (+1.84%)

Hot Stocks
New Relic names Anne DelSanto, Citrix CEO David Henshall to board » 10:04
08/20/20
08/20
10:04
08/20/20
10:04
NEWR

New Relic

$58.28 /

+1.36 (+2.39%)

, CTXS

Citrix

$140.52 /

-0.01 (-0.01%)

New Relic (NEWR) earlier…

New Relic (NEWR) earlier today announced the appointment of Anne DelSanto and Citrix (CTXS) President and CEO David Henshall to its board of directors. In addition, current director Hope Cochran was named chair, as Peter Fenton stepped down after over 12 years of service, the company said.

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NEWR New Relic
$58.28 /

+1.36 (+2.39%)

CTXS Citrix
$140.52 /

-0.01 (-0.01%)

NEWR New Relic
$58.28 /

+1.36 (+2.39%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
CTXS Citrix
$140.52 /

-0.01 (-0.01%)

07/31/20 Stifel
Citrix disclosure points to $1B commitment, most likely to Azure, says Stifel
07/20/20
Fly Intel: Top five analyst upgrades
07/20/20 Barclays
Citrix upgraded to Overweight with $180 price target at Barclays
07/20/20 Barclays
Citrix upgraded to Overweight from Equal Weight at Barclays
NEWR New Relic
$58.28 /

+1.36 (+2.39%)

CTXS Citrix
$140.52 /

-0.01 (-0.01%)

NEWR New Relic
$58.28 /

+1.36 (+2.39%)

CTXS Citrix
$140.52 /

-0.01 (-0.01%)

CTXS Citrix
$140.52 /

-0.01 (-0.01%)

Hot Stocks
Elliott Management takes stakes in Welltower, Forescout » 17:13
08/14/20
08/14
17:13
08/14/20
17:13
WELL

Welltower

$56.75 /

+0.75 (+1.34%)

, FSCT

ForeScout

$29.00 /

+0.02 (+0.07%)

, RRTS

Roadrunner

$1.96 /

+ (+0.00%)

, ESI

Element Solutions

$11.14 /

-0.155 (-1.37%)

, NEWR

New Relic

$55.69 /

-0.09 (-0.16%)

, DELL

Dell Technologies

$59.85 /

+0.29 (+0.49%)

, TWTR

Twitter

$37.89 /

+0.07 (+0.19%)

, RYAAY

Ryanair

$77.43 /

-1.19 (-1.51%)

, EBAY

eBay

$56.27 /

+ (+0.00%)

, MPC

Marathon Petroleum

$38.33 /

+1.08 (+2.90%)

, NLSN

Nielsen

$15.87 /

+0.01 (+0.06%)

Paul Singer's…

Paul Singer's Elliott Management disclosed in an SEC filing its holdings as of June 30, 2020. Elliott Management's three new buys during the second quarter included, by size of position, Welltower (WELL) and Forescout Technologies (FSCT). Elliott Management exited 11 positions during the quarter, including by size of previous position, Roadrunner Transportation Systems (RRTS), Element Solutions (ESI), and New Relic (NEWR). Elliott Management increased its stake in three holdings, Dell Technologies (DELL), Twitter (TWTR), and Ryanair (RYAAY). Elliott Management's top holdings as of June 30, in order of size, were Dell, eBay (EBAY), Marathon Petroleum (MPC), Nielsen Holdings (NLSN), and Welltower.

ShowHide Related Items >><<
WELL Welltower
$56.75 /

+0.75 (+1.34%)

TWTR Twitter
$37.89 /

+0.07 (+0.19%)

RYAAY Ryanair
$77.43 /

-1.19 (-1.51%)

RRTS Roadrunner
$1.96 /

+ (+0.00%)

NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

NEWR New Relic
$55.69 /

-0.09 (-0.16%)

MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

ESI Element Solutions
$11.14 /

-0.155 (-1.37%)

EBAY eBay
$56.27 /

+ (+0.00%)

DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

WELL Welltower
$56.75 /

+0.75 (+1.34%)

07/22/20 Berenberg
Welltower initiated with a Buy at Berenberg
07/02/20 Citi
Welltower price target raised to $50 from $42 at Citi
06/15/20 Evercore ISI
Welltower upgraded to Outperform from In Line at Evercore ISI
05/15/20 RBC Capital
Welltower price target lowered to $45 from $56 at RBC Capital
FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

05/29/20 UBS
ForeScout price target lowered to $25 from $36 at UBS
02/18/20 Baird
ForeScout acquired, Baird downgrades to Neutral
02/18/20 Baird
ForeScout downgraded to Neutral from Outperform at Baird
02/07/20 Berenberg
ForeScout downgraded to Hold from Buy at Berenberg
RRTS Roadrunner
$1.96 /

+ (+0.00%)

ESI Element Solutions
$11.14 /

-0.155 (-1.37%)

04/20/20 Truist
Element Solutions upgraded to Buy from Hold at SunTrust
11/18/19 Goldman Sachs
Element Solutions upgraded to Buy from Neutral at Goldman Sachs
10/11/19 Truist
SunTrust sees 'lackluster' September quarter results from chemical companies
NEWR New Relic
$55.69 /

-0.09 (-0.16%)

08/14/20
Fly Intel: Top five analyst downgrades
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

07/23/20 Deutsche Bank
Dell Technologies price target raised to $65 from $60 at Deutsche Bank
07/16/20
Fly Intel: Top five analyst upgrades
07/16/20 JPMorgan
Dell Technologies added to Analyst Focus List at JPMorgan
07/16/20 Morgan Stanley
Morgan Stanley upgrades Dell Technologies on increasing odds of VMware spinoff
TWTR Twitter
$37.89 /

+0.07 (+0.19%)

07/28/20 Morgan Stanley
Morgan Stanley lowers near-term, long-term forecasts for Roku
07/24/20 Truist
Twitter price target raised to $40 from $32 at SunTrust
07/24/20 Argus
Twitter price target raised to $46 from $40 at Argus
07/24/20 Canaccord
Twitter price target raised to $40 from $32 at Canaccord
RYAAY Ryanair
$77.43 /

-1.19 (-1.51%)

08/14/20 Barclays
Ryanair price target raised to EUR 13 from EUR 11.40 at Barclays
07/28/20 Barclays
Ryanair price target lowered to EUR 11.40 from EUR 11.60 at Barclays
07/28/20 Morgan Stanley
Ryanair price target raised to EUR 15 from EUR 13 at Morgan Stanley
07/28/20 Credit Suisse
Ryanair price target raised to EUR 13.10 from EUR 11.62 at Credit Suisse
EBAY eBay
$56.27 /

+ (+0.00%)

08/14/20 Stifel
eBay price target raised to $70 from $68 at Stifel
07/29/20 RBC Capital
eBay price target raised to $57 from $45 at RBC Capital
07/29/20 DA Davidson
eBay price target raised to $67 from $57 at DA Davidson
07/29/20 Susquehanna
eBay price target raised to $66 from $57 at Susquehanna
MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

08/12/20 Cowen
Marathon Petroleum upgraded to Outperform from Market Perform at Cowen
08/04/20 Tudor Pickering
Marathon Petroleum downgraded to Sell from Buy at Tudor Pickering
08/03/20 Morgan Stanley
Marathon sale of Speedway for $21B a 'positive outcome,' says Morgan Stanley
07/15/20 Morgan Stanley
MPLX downgraded to Equal Weight from Overweight at Morgan Stanley
NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

05/28/20 Spin-Off Research
Nielsen upgraded to Hold from Sell at Spin-Off Research
05/21/20 Citi
Nielsen price target lowered to $18 from $28 at Citi
04/09/20 Arete
Nielsen downgraded to Sell from Neutral at Arete
02/28/20
Fly Intel: Top five analyst downgrades
WELL Welltower
$56.75 /

+0.75 (+1.34%)

TWTR Twitter
$37.89 /

+0.07 (+0.19%)

NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

NEWR New Relic
$55.69 /

-0.09 (-0.16%)

MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

ESI Element Solutions
$11.14 /

-0.155 (-1.37%)

EBAY eBay
$56.27 /

+ (+0.00%)

DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

TWTR Twitter
$37.89 /

+0.07 (+0.19%)

RYAAY Ryanair
$77.43 /

-1.19 (-1.51%)

NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

EBAY eBay
$56.27 /

+ (+0.00%)

DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

WELL Welltower
$56.75 /

+0.75 (+1.34%)

TWTR Twitter
$37.89 /

+0.07 (+0.19%)

RRTS Roadrunner
$1.96 /

+ (+0.00%)

NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

NEWR New Relic
$55.69 /

-0.09 (-0.16%)

MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

EBAY eBay
$56.27 /

+ (+0.00%)

DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

WELL Welltower
$56.75 /

+0.75 (+1.34%)

TWTR Twitter
$37.89 /

+0.07 (+0.19%)

NLSN Nielsen
$15.87 /

+0.01 (+0.06%)

MPC Marathon Petroleum
$38.33 /

+1.08 (+2.90%)

FSCT ForeScout
$29.00 /

+0.02 (+0.07%)

EBAY eBay
$56.27 /

+ (+0.00%)

DELL Dell Technologies
$59.85 /

+0.29 (+0.49%)

Downgrade
Fly Intel: Top five analyst downgrades » 10:10
08/14/20
08/14
10:10
08/14/20
10:10
PASG

Passage Bio

$14.79 /

-0.54 (-3.52%)

, BLNK

Blink Charging

$11.26 /

+0.29 (+2.64%)

, MDP

Meredith

$14.26 /

-1.795 (-11.18%)

, NEWR

New Relic

$55.63 /

-0.15 (-0.27%)

, VRM

Vroom

$58.25 /

+1.91 (+3.39%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Passage Bio (PASG) downgraded to Neutral from Overweight at JPMorgan with analyst Anupam Rama saying while he continues to see long-term fundamental value in the shares, he believes yesterday's announcement of a clinical hold on the IND for the PBGM01 program will remain a near-term overhang on the stock. 2. Blink Charging (BLNK) downgraded to Neutral from Buy at H.C. Wainwright with analyst Sameer Joshi citing valuation. 3. Meredith (MDP) downgraded to Hold from Buy at Benchmark with analyst Daniel Kurnos saying while Meredith's Q4 results were "surprisingly strong," the Q1 outlook was "mixed at best." 4. New Relic (NEWR) downgraded to Hold from Buy at Argus with analyst Joseph Bonner citing the company's lower earnings growth in its latest quarter along with its announced "major" product overhaul, which can help its sales but also acknowledges that its past efforts have "not been working." 5. Vroom (VRM) downgraded to Hold from Buy at Benchmark with analyst Michael Ward saying the unit sales and pricing data was lower than expected in Q2 and the guidance for the second half for units and pricing was also below expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
VRM Vroom
$58.25 /

+1.91 (+3.39%)

PASG Passage Bio
$14.79 /

-0.54 (-3.52%)

NEWR New Relic
$55.63 /

-0.15 (-0.27%)

MDP Meredith
$14.26 /

-1.795 (-11.18%)

BLNK Blink Charging
$11.26 /

+0.29 (+2.64%)

PASG Passage Bio
$14.79 /

-0.54 (-3.52%)

08/14/20 JPMorgan
Passage Bio downgraded to Neutral after clinical hold at JPMorgan
08/14/20 JPMorgan
Passage Bio downgraded to Neutral from Overweight at JPMorgan
08/13/20 Chardan
Passage Bio recent weakness a buying opportunity, says Chardan
06/25/20 Goldman Sachs
Passage Bio downgraded to Neutral from Buy at Goldman Sachs
BLNK Blink Charging
$11.26 /

+0.29 (+2.64%)

08/14/20 H.C. Wainwright
Blink Charging downgraded to Neutral from Buy at H.C. Wainwright
08/26/19 ThinkEquity
Blink Charging initiated with a Buy at ThinkEquity
MDP Meredith
$14.26 /

-1.795 (-11.18%)

08/14/20 Benchmark
Meredith downgraded to Hold from Buy at Benchmark
08/14/20 Benchmark
Meredith downgraded to Hold from Buy at Benchmark
06/29/20 Citi
Meredith price target lowered to $18 from $20 at Citi
06/04/20 Citi
Meredith price target raised to $20 from $16 at Citi
NEWR New Relic
$55.63 /

-0.15 (-0.27%)

08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/14/20 Argus
New Relic downgraded to Hold from Buy at Argus
08/05/20 UBS
New Relic sales turnaround taking longer than expected, says UBS
08/05/20 JPMorgan
New Relic downgraded to Neutral on strategy change at JPMorgan
VRM Vroom
$58.25 /

+1.91 (+3.39%)

08/14/20 Benchmark
Vroom downgraded to Hold from Buy at Benchmark on revenue reset
08/14/20 Benchmark
Vroom downgraded to Hold from Buy at Benchmark
08/13/20 Wells Fargo
Vroom price target raised to $76 from $65 at Wells Fargo
08/13/20 Wedbush
Vroom price target raised to $80 from $75 at Wedbush
VRM Vroom
$58.25 /

+1.91 (+3.39%)

PASG Passage Bio
$14.79 /

-0.54 (-3.52%)

NEWR New Relic
$55.63 /

-0.15 (-0.27%)

MDP Meredith
$14.26 /

-1.795 (-11.18%)

BLNK Blink Charging
$11.26 /

+0.29 (+2.64%)

  • 09
    Jun
  • 28
    Feb
MDP Meredith
$14.26 /

-1.795 (-11.18%)

VRM Vroom
$58.25 /

+1.91 (+3.39%)

PASG Passage Bio
$14.79 /

-0.54 (-3.52%)

NEWR New Relic
$55.63 /

-0.15 (-0.27%)

MDP Meredith
$14.26 /

-1.795 (-11.18%)

BLNK Blink Charging
$11.26 /

+0.29 (+2.64%)

VRM Vroom
$58.25 /

+1.91 (+3.39%)

BLNK Blink Charging
$11.26 /

+0.29 (+2.64%)

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