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TWTR

Twitter

$37.14 /

-0.55 (-1.46%)

, MSFT

Microsoft

$212.45 /

-3.87 (-1.79%)

19:29
08/09/20
08/09
19:29
08/09/20
19:29

Fly Intel: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Twitter (TWTR) has approached TikTok's Chinese owner ByteDance to express interest in acquiring the U.S. operations of the video-sharing app, Reuters' Greg Roumeliotis and Kanishka Singh reported, citing two people familiar with the matter. It is far from certain that Twitter would be able to outbid Microsoft (MSFT) and complete such a transformative deal in the 45 days that President Donald Trump has given ByteDance to agree to a sale, the sources said. Meanwhile, NPR's Bobby Allyn reported that TikTok is planning to sue the Trump administration, challenging President Trump's executive order banning the service from the United States. The video-sharing app will file the federal lawsuit as soon as Tuesday, according to a person familiar with the matter. NPR has learned that the lawsuit will argue that President Trump's far-reaching action is unconstitutional because it failed to give the company a chance to respond. It also alleges that the administration's national security justification for the order is baseless, according to the source. 2. Simon Property Group (SPG), the biggest mall owner in the U.S., has been in talks with Amazon (AMZN) to turn some of its anchor department-store spaces into Amazon fulfillment centers, The Wall Street Journal's Esther Fung and Sebastian Herrera reported, citing people familiar with the matter. Simon's discussions with the online retailer have been under way for months and began before the coronavirus pandemic, the people said. The two companies have explored converting stores formerly occupied by J.C. Penney (JCP) and Sears (SHLD) into Amazon distribution centers; in some cases, Simon and Amazon explored buying out occupied space from the retailers, sources added. 3. Apple (AAPL) shares came tantalizingly close to the historic $2T threshold this past week, Barron's Eric Savitz wrote in this week's edition of Barron's. For years, bulls asserted that Apple shares looked cheap on most typical valuation metrics, but the rally has driven the stock to its highest level in at least a decade based on whatever metric you want to use: price to earnings, price to sales, price to book, the author noted. Nonetheless, with Shopify (SHOP) trading for 50 times sales, Zoom Video (ZM) trading for 40 times and Microsoft trading for 10 times sales, Apple at $2T is no longer cheap but also not crazy, the report contended. 4. Qualcomm (QCOM) is lobbying the Trump administration to roll back restrictions on the sale of advanced components to Huawei Technologies, wading into the intensifying technology battle between the U.S. and China, The Wall Street Journal's Asa Fitch and Kate O'Keeffe reported. Qualcomm is telling U.S. policy makers their export ban won't stop Huawei from obtaining necessary components and just risks handing billions of dollars of Huawei sales to the U.S. firm's overseas competitors, according to a presentation reviewed by The Wall Street Journal that the company has been circulating around Washington. 5. Estee Lauder (EL), Lennar (LEN; LEN.B), Brown Forman (BF.A; BF.B), Liberty Broadband (LBRDA; LBRDK), Liberty Formula One (FWONA; FWONK) saw positive mentions in this week's edition of Barron's.

TWTR

Twitter

$37.14 /

-0.55 (-1.46%)

MSFT

Microsoft

$212.45 /

-3.87 (-1.79%)

SPG

Simon Property

$62.10 /

+0.89 (+1.45%)

AMZN

Amazon.com

$3,167.40 /

-54.81 (-1.70%)

JCP

J.C. Penney

$0.00 /

+ (+0.00%)

SHLD

Sears

$0.00 /

+ (+0.00%)

AAPL

Apple

$444.41 /

-10.98 (-2.41%)

SHOP

Shopify

$1,053.78 /

-34.4 (-3.16%)

ZM

Zoom Video

$258.74 /

-9.77 (-3.64%)

QCOM

Qualcomm

$108.26 /

-2.72 (-2.45%)

EL

Estee Lauder

$200.03 /

+0.71 (+0.36%)

LEN

Lennar

$73.22 /

+0.03 (+0.04%)

LEN.B

$55.20 /

-0.5 (-0.90%)

BF.A

Brown-Forman

$63.04 /

+1.405 (+2.28%)

BF.B

Brown-Forman

$68.75 /

+1.15 (+1.70%)

LBRDA

Liberty Broadband

$142.91 /

+2.27 (+1.61%)

LBRDK

Liberty Broadband

$144.89 /

+1.38 (+0.96%)

FWONA

Liberty Formula One

$34.52 /

-0.61 (-1.74%)

FWONK

Liberty Formula One

$36.78 /

-0.55 (-1.47%)

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TWTR Twitter
$37.14 /

-0.55 (-1.46%)

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
MSFT Microsoft
$212.45 /

-3.87 (-1.79%)

08/07/20 DA Davidson
Datadog price target raised to $80 from $52 at DA Davidson
08/05/20 Morgan Stanley
Morgan Stanley says TikTok US operations could be 'compelling' fit for Microsoft
08/04/20 Wedbush
Wedbush sees 75%-80% chance of Microsoft buying TikTok's U.S. operations
08/04/20 Oppenheimer
TikTok presents 'unique opportunity' for Microsoft, says Oppenheimer
SPG Simon Property
$62.10 /

+0.89 (+1.45%)

07/01/20 Goldman Sachs
Simon Property resumed with a Buy at Goldman Sachs
06/18/20 JPMorgan
Simon Property price target lowered to $90 from $145 at JPMorgan
06/17/20 Deutsche Bank
Taubman Centers named short-term sell idea at Deutsche Bank
06/11/20 Deutsche Bank
Simon Property price target raised to $100 from $97 at Deutsche Bank
AMZN Amazon.com
$3,167.40 /

-54.81 (-1.70%)

08/03/20 Morgan Stanley
ADT Inc. price target raised to $17 from $7 at Morgan Stanley
07/31/20 BMO Capital
Amazon.com price target raised to $3,700 from $3,500 at BMO Capital
07/31/20 RBC Capital
Amazon.com price target raised to $3,800 from $3,300 at RBC Capital
JCP J.C. Penney
$0.00 /

+ (+0.00%)

06/16/20 Guggenheim
Ulta well positioned to capture share as Penny stores close, says Guggenheim
04/16/20 Oppenheimer
Ulta Beauty price target raised to $240 from $220 at Oppenheimer
01/14/20 Oppenheimer
Ulta Beauty price target raised to $310 from $275 at Oppenheimer
11/18/19 Deutsche Bank
Deutsche Bank stays on sidelines despite J.C. Penney's margin gains
SHLD Sears
$0.00 /

+ (+0.00%)

12/24/19 Morgan Stanley
DieHard deal a 'modest positive' for Advance Auto, says Morgan Stanley
AAPL Apple
$444.41 /

-10.98 (-2.41%)

08/06/20 KeyBanc
Synaptics upgraded to Overweight from Sector Weight at KeyBanc
08/06/20 Barclays
SiTime price target raised to $75 from $50 at Barclays
08/05/20
Fly Intel: Top five analyst downgrades
08/05/20 Wells Fargo
Apple price target raised to $485 from $450 at Wells Fargo
SHOP Shopify
$1,053.78 /

-34.4 (-3.16%)

08/03/20 B. Riley FBR
PFSweb price target raised to $9.50 from $7.50 at B. Riley FBR
07/30/20 Wedbush
Shopify price target raised to $998 from $860 at Wedbush
07/30/20 Wells Fargo
Shopify price target raised to $1000 from $700 at Wells Fargo
07/30/20 DA Davidson
Shopify price target raised to $1,000 from $650 at DA Davidson
ZM Zoom Video
$258.74 /

-9.77 (-3.64%)

07/24/20 Wolfe Research
Zoom Video initiated with a Peer Perform at Wolfe Research
07/09/20 Citi
Citi recommends overweight Zoom Video, underweight Fastly pair trade
07/08/20 Morgan Stanley
Zoom Video can increase 'stickiness' with HaaS program, says Morgan Stanley
07/06/20 Baird
Zoom Video price target raised to $300 from $230 at Baird
QCOM Qualcomm
$108.26 /

-2.72 (-2.45%)

08/03/20 Bernstein
Qualcomm upgraded to Outperform at Bernstein
08/03/20 Bernstein
Qualcomm upgraded to Outperform from Market Perform at Bernstein
07/31/20
Fly Intel: Top five analyst upgrades
07/31/20 Edward Jones
Qualcomm upgraded to Hold on Huawei settlement at Edward Jones
EL Estee Lauder
$200.03 /

+0.71 (+0.36%)

07/16/20 JPMorgan
Estee Lauder price target raised to $156 from $150 at JPMorgan
07/10/20 Berenberg
L'Oreal downgraded to Sell from Hold at Berenberg
06/25/20 Credit Suisse
Estee Lauder price target raised to $210 from $187 at Credit Suisse
06/16/20 Raymond James
Estee Lauder price target raised to $207 from $188 at Raymond James
LEN Lennar
$73.22 /

+0.03 (+0.04%)

08/06/20 Wedbush
Lennar price target raised to $81 from $68 at Wedbush
07/21/20 BTIG
Lennar price target raised to $88 from $75 at BTIG
07/14/20 JMP Securities
Lennar resumed with an Outperform at JMP Securities
07/13/20 Seaport Global
Lennar downgraded to Neutral following outperformance at Seaport Global
LEN.B
$55.20 /

-0.5 (-0.90%)

BF.A Brown-Forman
$63.04 /

+1.405 (+2.28%)

05/27/20 UBS
Brown-Forman downgraded to Sell from Neutral at UBS
03/09/20 Morgan Stanley
Brown-Forman downgraded to Underweight from Equal Weight at Morgan Stanley
03/06/20 Berenberg
Brown-Forman price target cut to $49 from $50 at Berenberg
09/20/19 MKM Partners
Brown-Forman initiated with a Neutral at MKM Partners
BF.B Brown-Forman
$68.75 /

+1.15 (+1.70%)

04/01/20 Goldman Sachs
Brown-Forman resumed with a Sell at Goldman Sachs
LBRDA Liberty Broadband
$142.91 /

+2.27 (+1.61%)

03/23/20 TD Securities
Liberty Broadband upgraded to Buy from Hold at TD Securities
11/13/19 Deutsche Bank
Liberty Broadband price target raised to $140 from $117 at Deutsche Bank
08/15/19 Benchmark
Liberty Broadband initiated with a Buy at Benchmark
LBRDK Liberty Broadband
$144.89 /

+1.38 (+0.96%)

01/02/20 TD Securities
Liberty Broadband downgraded to Hold from Buy at TD Securities
10/04/19 Citi
Citi starts Liberty Broadband with a Buy rating, $125 price target
10/04/19 Citi
Liberty Broadband initiated with a Buy rating at Citi
FWONA Liberty Formula One
$34.52 /

-0.61 (-1.74%)

04/13/20 Morgan Stanley
Morgan Stanley cuts Liberty Formula One to Equal Weight on 2021 risks
04/13/20 Morgan Stanley
Liberty Formula One downgraded to Equal Weight from Overweight at Morgan Stanley
03/19/20 Citi
Liberty Formula One price target lowered to $33 from $46 at Citi
10/09/19 Benchmark
Liberty SiriusXM initiated with a Buy rating at Benchmark
FWONK Liberty Formula One
$36.78 /

-0.55 (-1.47%)

06/30/20 B. Riley FBR
Liberty Formula One positioned to weather curtailed season, says B. Riley FBR
05/19/20 Pivotal Research
Liberty SiriusXM price target lowered to $52 from $63 at Pivotal Research
05/19/20 Pivotal Research
Liberty Formula One price target raised to $42 from $35 at Pivotal Research

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