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T

AT&T

$28.04 /

-0.01 (-0.04%)

, AMZN

Amazon.com

$3,095.00 /

+76.79 (+2.54%)

19:41
09/27/20
09/27
19:41
09/27/20
19:41

Fly Intel: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. TikTok's future in the U.S. remained up in the air late Sunday as a federal judge weighed the Trump administration's ban of the Chinese-owned app, the latest turn in a complicated battle of brinkmanship that continued through the weekend, The Wall Street Journal's Katy Stech Ferek and Georgia Wells reported. The TikTok ban was set to take effect at 11:59 p.m. Eastern time. TikTok's Chinese parent, ByteDance, is still haggling over the terms of a potential deal that would meet the U.S. demands through a partnership with Oracle (ORCL) and Walmart (WMT), the authors noted. 2. General Motors (GM) has scored a surprise hit in China with its local partners, namely a petite electric vehicle that sells for less than $5,000, according to Bloomberg. The Hongguang MINI EV, made by SAIC-GM-Wuling Automobile, is currently the hottest EV in China, the world's biggest automobile market, the publication noted. Sales of the compact four-seater beat industry giant Tesla (TSLA) in August, with consumers wowed by its tiny price tag and its ability to run for as many as 106 miles on a single charge. Orders exceeded 30,000 units in just 50 days, the report added. 3. The threat of a well-heeled competitor gave Peloton Interactive investors a fright this past week, but competition is the least of Peloton's (PTON) worries, Connor Smith writes in this week's edition of Barron's. After the close on Monday, Echelon, a lower-priced Peloton competitor, announced that it had joined with Amazon.com (AMZN) to sell a "Prime Bike" that would cost $499, but then an Amazon spokesperson said the company had no formal partnership with Echelon, the author noted. Despite the fiasco, Peloton shareholders got a wake-up call-the Echelon announcement and the immediate selloff suggested the risks to Peloton stock should a true rival come along and undercut the company on price, the publication added. But, for now, the Echelon-Amazon episode highlights what Peloton has going for it: execution, brand awareness, and premium technology leadership-and why investors have been willing to award it a nosebleed multiple, Smith wrote. 4. Christopher Nolan's "Tenet" earned an estimated $3.4M domestically in its fourth weekend as Los Angeles and New York theaters remain closed. Overseas, the AT&T (T) subsidiary Warner Bros.' movie grossed another $15.8M for a worldwide total of $283.2M. "Tenet" sports a B CinemaScore and an 74% Rotten Tomatoes. 5. Western Digital (WDC), Fortive (FTV) and Truist Financial (TFC) saw positive mentions in this week's edition of Barron's, while Herbalife (HLF) was mentioned cautiously.

T

AT&T

$28.04 /

-0.01 (-0.04%)

AMZN

Amazon.com

$3,095.00 /

+76.79 (+2.54%)

PTON

Peloton

$97.71 /

+9.17 (+10.36%)

TSLA

Tesla

$407.32 /

+19.67 (+5.07%)

GM

General Motors

$29.01 /

-0.1 (-0.34%)

WMT

Walmart

$137.25 /

+0.54 (+0.39%)

ORCL

Oracle

$59.80 /

+0.49 (+0.83%)

WDC

Western Digital

$38.48 /

+0.945 (+2.52%)

FTV

Fortive

$74.19 /

+1.44 (+1.98%)

TFC

Truist Financial

$36.18 /

+0.71 (+2.00%)

HLF

Herbalife Nutrition

$47.85 /

+0.06 (+0.13%)

  • 08

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    Feb

T AT&T
$28.04 /

-0.01 (-0.04%)

08/31/20
Fly Intel: Top five analyst downgrades
08/31/20 Scotiabank
Scotiabank downgrades AT&T to Underperform on spectrum costs, share losses
08/31/20 Scotiabank
AT&T downgraded to Underperform from Sector Perform at Scotiabank
07/24/20 RBC Capital
AT&T price target lowered to $32 from $38 at RBC Capital
AMZN Amazon.com
$3,095.00 /

+76.79 (+2.54%)

09/24/20 Piper Sandler
Amazon.com assumed with an Overweight at Piper Sandler
09/24/20 Morgan Stanley
Alphabet price target raised to $1,800 after consumer survey at Morgan Stanley
09/23/20 Piper Sandler
Amazon Care program expansion not a threat to Teladoc, says Piper Sandler
09/23/20 Benchmark
Benchmark says Microsoft partnership can be 'big driver' for Kratos
PTON Peloton
$97.71 /

+9.17 (+10.36%)

09/22/20 KeyBanc
Echelon Prime Bike not 'significant impediment' to Peloton growth, says KeyBanc
09/22/20 Roth Capital
Peloton shares have path to $175, says Roth Capital
09/18/20 JPMorgan
Apple Fitness+ contribution will take time, says JPMorgan
09/16/20 Canaccord
Peloton on its way to connected fitness leadership, says Canaccord
TSLA Tesla
$407.32 /

+19.67 (+5.07%)

09/24/20 Roth Capital
Tesla's Battery Day event 'disappoints,' says Roth Capital
09/24/20 Daiwa
Daiwa upgrades Rockwell Automation after customer Tesla's Battery Day
09/24/20 Wedbush
Wedbush downgrades Nikola to sell on 'dark cloud,' Tesla innovations
09/23/20
Fly Intel: Top five analyst upgrades
GM General Motors
$29.01 /

-0.1 (-0.34%)

09/22/20 Morgan Stanley
Morgan Stanley says 'Battery Day' may be more significant to industry than Tesla
09/17/20 Roth Capital
Roth raises Workhorse target to $33 after Lordstown's 'compelling' analyst day
09/17/20 Deutsche Bank
GM news 'potentially disruptive' to powertrain suppliers, says Deutsche Bank
09/14/20 JPMorgan
Core criticism of Nikola short report 'misconceived,' says JPMorgan
WMT Walmart
$137.25 /

+0.54 (+0.39%)

09/24/20 SVB Leerink
SVB Leerink bullish on Oak Street Health, initiates with an Outperform
09/23/20 BWS Financial
Arlo relationship with Walmart not fully realized, says BWS Financial
ORCL Oracle
$59.80 /

+0.49 (+0.83%)

09/22/20 Morgan Stanley
Morgan Stanley says hard to tell if TikTok deal true 'thesis-changer' for Oracle
09/21/20
Fly Intel: Top five analyst upgrades
09/21/20 William Blair
TikTok deal 'major coup' for Oracle, says William Blair
09/21/20 RBC Capital
Oracle upgraded to Outperform from Sector Perform at RBC Capital
WDC Western Digital
$38.48 /

+0.945 (+2.52%)

09/23/20 Cleveland Research
Western Digital upgraded at Cleveland Research on improving demand outlooks
09/23/20 Cleveland Research
Western Digital upgraded to Neutral from Underperform at Cleveland Research
09/23/20 Craig-Hallum
Western Digital upgraded to Buy at Craig-Hallum
09/23/20 Benchmark
Western Digital reorganization could be precursor to spinoff, says Benchmark
FTV Fortive
$74.19 /

+1.44 (+1.98%)

09/02/20 Morgan Stanley
Fortive investors getting Vontier for 'free,' says Morgan Stanley
07/29/20 Credit Suisse
Fortive price target raised to $82 from $76 at Credit Suisse
07/13/20 Morgan Stanley
Illinois Tool Works downgraded to Underweight at Morgan Stanley
06/25/20
Fly Intel: Top five analyst upgrades
TFC Truist Financial
$36.18 /

+0.71 (+2.00%)

07/31/20 Wolfe Research
Truist Financial initiated with an Outperform at Wolfe Research
07/17/20 BMO Capital
Truist Financial price target raised to $47 from $42 at BMO Capital
06/17/20 Raymond James
Truist Financial upgraded to Outperform from Market Perform at Raymond James
06/05/20 Wells Fargo
Truist Financial price target raised to $51 from $40 at Wells Fargo
HLF Herbalife Nutrition
$47.85 /

+0.06 (+0.13%)

09/11/20 Jefferies
Herbalife, Nu Skin valuation gaps can close as models transform, says Jefferies
06/22/20 Citi
Citi boosts Herbalife target to $63, opens '90 Day Catalyst Watch'
05/08/20 Jefferies
Herbalife Nutrition price target raised to $45 from $40 at Jefferies
05/08/20 Citi
Herbalife Nutrition price target raised to $56 from $49 at Citi

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