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Otonomy Seen Rallying Up To 95% On Positive Meniere's Disease Data
Tuesday, August 15, 2017 11:40 AM EDT
JPMorgan this morning upgraded Otonomy (OTIC) to Overweight from Neutral, saying that the stock could rise up to 95% if the results of an upcoming trial of its Otividex drug are positive.
In this article: OTIC
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Snap Upgraded To Overweight On Improved Risk/Reward At Cantor
Tuesday, August 15, 2017 10:29 AM EDT
Cantor Fitzgerald analyst Kip Paulson upgraded Snap to Overweight with an unchanged price target of $15.
In this article: SNAP
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Piper Survey Shows 'Sizable' Interest In Disney Streaming Service
Tuesday, August 15, 2017 9:12 AM EDT
The analyst estimates 4M subscribers will be Disney's equilibrium point between launching its own service and licensing to Netflix, which will end in 2019.
In this article: DIS, NFLX
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GoPro Upgraded To Neutral From Sell At Goldman Sachs
Tuesday, August 15, 2017 5:50 AM EDT
Goldman Sachs analyst Doug Clark upgraded GoPro to Neutral and raised his price target for the shares to $10 from $6.75. The action camera maker closed yesterday down 14c to $9.75.
In this article: GPRO
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International Paper Upgraded After Containerboard Price Increases
Monday, August 14, 2017 3:24 PM EDT
DA Davidson upgraded packaging maker International Paper to Buy from Neutral, saying that the company is benefiting from successful containerboard price increases, strong box shipments and a rebound in its pulp business.
In this article: IP Also: KS, PKG, WRK
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Analyst Sees Disney Loss Having Minimal Impact On Netflix Subscribers
Monday, August 14, 2017 11:34 AM EDT
Piper Jaffray analyst Michael Olson told investors that he believes Disney loss will have a minimal impact on the streaming service subscribers.
In this article: DIS, NFLX
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Lockheed Wins $8B Contract Over L3 And CACI, Says Citi
Monday, August 14, 2017 6:42 AM EDT
The $8B contract over multiple years is a positive development for Lockheed's MFC segment and an "incremental negative" for L3.
In this article: LMT Also: CACI, LLL
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Piper Survey Shows Disney Loss Having Minimal Impact On Netflix
Monday, August 14, 2017 5:41 AM EDT
Piper Jaffray analyst Michael Olson says that while Disney ending its agreement for distribution of certain content is a negative headline, it will have minimal impact on the Netflix.
In this article: DIS, NFLX
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Sell Kroger Given Challenges Facing Conventional Grocers, Says Stephens
Friday, August 11, 2017 2:39 PM EDT
Research firm Stephens started coverage of grocery store chain Kroger with an Underweight rating, its equivalent of a sell rating.
In this article: KR Also: SFM, UNFI, AMZN, WFM
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Retail Wreckage Continues With J.C. Penney Report, Dragging Nordstrom Lower
Friday, August 11, 2017 12:16 PM EDT
J.C. Penney reported an adjusted loss per share for the second quarter of (9c), compared to forecasts for a (5c) loss. Comp sales slid 1.3%, falling below the retailer's fiscal year guidance.
In this article: JCPNQ, JWN Also: DDS, KSS, M
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Goldman 'Clearly Wrong,' Downgrades Blue Apron To Neutral
Thursday, August 10, 2017 3:58 PM EDT
Goldman Sachs analyst Heath Terry downgraded Blue Apron to Neutral from Buy and cut his price target for the shares to $6 from $11 following the company's Q2 results.
In this article: APRN
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Goldman Says Buy Leidos, Sell Embraer As Rising Tensions Boost Defense Stocks
Thursday, August 10, 2017 12:33 PM EDT
Goldman Sachs analyst Noah Poponak upgraded Leidos to Buy on strong free cash and Spirit AeroSystems to Neutral on better cash generation, while cutting the firm's ratings on Embraer and Esterline to Sell.
In this article: ERJ, ESL, SPR, LDOS Also: LLL, LMT, NOC
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SoftBank Vision Fund Invests In Flipkart To Become One Of The Largest Investors
Thursday, August 10, 2017 8:17 AM EDT
This is the biggest ever private investment in an Indian technology company, and will make the Vision Fund one of the largest shareholders in Flipkart.
In this article: SFTBF Also: TCEHY, EBAY, MSFT
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Mylan Continues Slide As Generic Price Slowdown Hits Results, Outlook
Wednesday, August 9, 2017 2:03 PM EDT
Shares of Mylan are sliding after the company reported worse than expected earnings for the quarter and cut its financial outlook for 2017 and 2018, citing a price slowdown in generic drugs.
In this article: MYL Also: TEVA
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Priceline, TripAdvisor Sink As Competition Weighs On OTAs
Wednesday, August 9, 2017 12:47 PM EDT
The shares of online travel agencies Priceline and TripAdvisor are falling after Priceline's Q3 profit guidance came in below expectations and Tripadvisor reported that its transaction revenue per hotel shopper fell last quarter.
In this article: PCLN, TRIP Also: EXPE
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Vantiv, Worldpay Announce Recommended Merger, To Close In Early 2018
Wednesday, August 9, 2017 9:06 AM EDT
The boards of directors of Vantiv and Worldpay Group announced that they have reached agreement on the terms of a recommended merger of Worldpay with Vantiv and Vantiv UK Limited.
In this article: VNTV
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