Information Provided By:
Fly News Breaks for February 11, 2020
FTV, COR, GNMK, WWE, FB
Feb 11, 2020 | 10:12 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Facebook (FB) downgraded to Sell from Hold at Pivotal Research with analyst Michael Levine saying as much as investors have usually downplayed Facebook's financial guidance as "perennial sandbagging," it certainly was not in the U.S. in Q4. 2. WWE (WWE) downgraded to Neutral from Overweight at JPMorgan with analyst David Karnovsky saying the company's management change, new 2020 outlook, and potential network deals have reset the story for shares, which are down nearly 30% in two weeks. 3. GenMark (GNMK) downgraded to Market Perform from Outperform at Raymond James with analyst John Hsu citing "mixed" preliminary Q4 results, including a revenue miss. 4. CoreSite Realty (COR) downgraded to Underperform from Neutral at BofA with analyst Michael Funk saying he believes that the REIT's "premium" valuation is unwarranted given its "persistently low FFO growth and uncertainty related to elevated customer churn." 5. Fortive (FTV) downgraded to Market Perform from Outperform at Raymond James with analyst Brian Gesuale saying he believes shares are in better hands of arbitrageurs than fundamental investors at this point. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For FB;WWE;GNMK;COR;FTV From the Last 2 Days
FB
Dec 2, 2021 | 10:33 EDT
Check out today's top analyst calls from around Wall Street, compiled by The Fly. PIPER UPS OKTA... To see the rest of the story go to thefly.com. See Story Here
FB
Dec 2, 2021 | 13:26 EDT
Shares of Square (SQ) are slipping on Thursday after Jack Dorsey's payments company said it is renaming itself Block as it expands its reach to other areas such as blockchain. As part of... To see the rest of the story go to thefly.com. See Story Here
FB
Dec 2, 2021 | 11:23 EST
Internet Analysts Walmsley & Madhukar discuss their initiation of the Internet Industry including UBER, LYFT, SNAP, GOOGL, AMZN, BKNG, FB, FTCH, EBAY, TRVG, SFIX, TRIP, DSP, MYTE, DASH, TWTR, REAL, EXPE, PINS, WISH, ABNB and ETSY on an Analyst/Industry conference call to be held on December 2 at 12 pm.
WWE
Dec 2, 2021 | 09:08 EST
WWE announced the launch of a name, image and likeness, or NIL, program that will provide a pathway from collegiate athletics to WWE. Following a new policy by the NCAA effective July 1, which ushered in the NIL era allowing college athletes the ability to monetize their name, image and likeness, WWE has constructed a program to recruit and develop potential future Superstars. Dubbed "Next In Line," the NIL program aims to enhance the talent development process through collaborative partnerships with college athletes from diverse athletic backgrounds. All athlete partnerships will feature access to the WWE Performance Center in Orlando, Florida, in addition to resources across the organization including brand building, media training, communications, live event promotion, creative writing and community relations. Upon completion of the NIL program, select athletes may earn an exclusive opportunity to be offered a WWE contract. In September, WWE announced its first NIL deal with heavyweight freestyle wrestler Gable Steveson who captured a gold medal at the Tokyo Olympics. The agreement allowed Steveson to return to the University of Minnesota for his senior season where he is defending his NCAA National Championship while beginning his Superstar training with WWE.
FB
Dec 1, 2021 | 15:49 EST
According to a tweet by Reuters, "Meta's Facebook asks court to dismiss antitrust lawsuit filed by U.S. FTC with prejudice" Reference Link
FB
Dec 1, 2021 | 16:22 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
FB
Nov 30, 2021 | 12:29 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here