Irrobuxtiamo la strategia – 23 Gennaio 2018

Cari buxiti,

- Articolo interessante: molte persone si preoccupano del PE dell’S&P500

quando questi tre geni fanno notare che se si togliesse il cash in possesso alle
aziende, il PE si ridurrebbe da 18.6 a 16.9.
http://bit.ly/2n45YBF

- Dati sotto le attese per gli Iphone X che ottengono 29milioni di modelli
venduti.
http://bit.ly/2Bnm12z
E intanto Apple riceve il secondo downgrade in 2 settimane da Atlantic
Equities (Overweight  Neutral e TP a $190).
http://bit.ly/2BnBUG3
Dopo il rimpatrio forzato, Apple pianifica di spendere e spandere, iniziando
dal dividendo, da cui ci si puó aspettare un aumento del 10% per i prossimi 3
anni fiscali.
http://bit.ly/2Dysfme

- Buone notizie per Google (Alphabet) il cui Youtube ragginge i 300k utenti e si
piazza dietro a Hulu.
http://bit.ly/2n4TEBa

- Considerazione su Netflix: l’abbonamento mensile da $9 è pur sempre piú

economico della tv tradizionale, il che lascia margini a ulteriori aumenti di
prezzi.
http://bit.ly/2ryFVrG

- Secondo quest’articolo, il prezzo di Bank of America ha giá scontato la

riforma fiscale, la buona situazione economica e il buono stato di salute
finanziario. L’autore reputa tale banca comunque un hold per il medio/lungo
termine.
http://bit.ly/2DFCjcb
Sempre in termini di banche, è interessante notare che Goldman Sachs ha
una crescita dei costi di personale (vedasi stipendi) maggiore dei concorrenti
(Morgan Stanley e Bank of America), nonostante le revenues non
mantengano lo stesso ritmo.
http://bit.ly/2Du4I1C

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
- Netflix ha ricevuto nuovi TP dopo gli earnings: $285 da Wells Fargo, $285 da
JPMorgan, $315 da Goldman Sachs, $257 da Buckingham research, $283 da
Stifel Nicolaus e $300 da Pivotal Research Group.
http://bit.ly/2E2sBhV
Alcuni dati di Netflix (finale vs estimates): nuovi utenti US 1.98M v 1.29M,
nuovi utenti globali 6.36M v 5.05M.
http://bit.ly/2n5Bv6c

- Nvidia: si osserva qui come le notizie dal 3 trimestre 2017 non abbiano avuto
(ancora) effetto, per cui si aspetta un upside di circa il 17%.
http://bit.ly/2DzM7EL

- Bitcoin: secondo questo articolo, guardando alle charts sembrerebbe

possibile ri-raggiungere i $17.000. Sperem!
http://bit.ly/2Drfo0P

- Microsoft ottiene un upgrade di TP da Stifel di $2 ($92). Earnings il 31

gennaio.
http://bit.ly/2F9ccaF

- Caterpillar é sempre piú una garanzia: iniziato da Seaport con TP a $195.

http://bit.ly/2DF3GTO

- Guida su come leggere gli earnings di Boeing: sotto i $2.89 i mercati

resteranno probabilmente delusi, mentre oltre i $3.07 ne dovrebbe gioire.
http://bit.ly/2DF3GTO

Trading ideas
Alibaba in canale ascendente?
http://bit.ly/2Dy9kb7
O prossimo alla linea di resistenza?
http://bit.ly/2rB1nMN

Alerts

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
Massimali a 52 settimane per Visa e Wal-Mart.

Up/Downgrade

Da 24/7 Wall St.

Amgen Inc. (NASDAQ: AMGN) was raised to Buy from Hold and assigned a $220 price
target at Argus. Shares closed up 1.6% at $192.33 on Monday and were indicated up
0.8% at $193.90 on Tuesday. The biotech giant has a 52-week trading range of $150.38
to $192.57 and a consensus analyst target price of $192.60.

Caterpillar Inc. (NYSE: CAT) was raised to Buy from Neutral at Seaport Global, and the
price target of $195 compares with a prior closing price of $170.90. Caterpillar has a 52-
week range of $90.34 to $173.24 and a consensus price target of $167.04.

General Electric Co. (NYSE: GE) was started with a Neutral rating and assigned a $17 price
target (versus a $16.17 close) at UBS. GE shares closed down 0.55% at $16.17 on Monday were
indicated up almost 0.9% at $16.31 on Tuesday. The troubled conglomerate has a 52-week range
of $15.80 to $30.59 and a consensus price target of $20.85.
Netflix Inc. (NASDAQ: NFLX) closed up 3.2% at $227.58 ahead of earnings on Monday, and its
shares were last seen trading up 11% at $253.10 on Tuesday after blowing out new subscriber
additions in the quarter and guiding higher this quarter. Pivotal Research raised its target to
$300 from $270 and reiterated its Buy rating, and B. Riley raised its target to $240 from $211
and maintained its Buy rating. Wedbush is maintaining its Underperform rating on Netflix, but
it did raise its target to $110 from $93, noting that the company is going to burn its cash funding
content acquisition and as international profits may remain elusive over competition.
Apple Inc. (NASDAQ: AAPL) was downgraded to Neutral from Outperform at Atlantic Equities.
Apple closed down 0.45% at $178.46 on Friday, but this call was about softening signs for
iPhone demand rather than just being about valuations. The stock was indicated down 0.6% at
$177.35 on Monday, with a 52-week trading range of $119.50 to $180.10.

General Electric Co. (NYSE: GE) was downgraded to Neutral from Buy with a $17 price
objective (versus a $16.26 close) at Merrill Lynch. While this call may be very late to the
GE story, this represents losing one of the long-term bullish firms that had been
defending upside in GE on a valuation and recovery basis.

Halliburton Co. (NYSE: HAL) was raised to Buy from Neutral with a $75 price target
(versus a $53.01 close) at Guggenheim.

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
International Business Machines Corp. (NYSE: IBM) was down on Friday after it was
given poor marks despite seeing a revenue growth for the first time in over five years.
Now the independent research firm Argus has reiterated its Buy rating and raised its
price target to $185 from $175 (versus a $162.37 close).

Schlumberger Ltd. (NYSE: SLB) was raised to Overweight from Neutral at Atlantic Equities.
Verizon Communications Inc. (NYSE: VZ) was raised to Outperform from Sector Perform with a
$60 price target (versus a $51.91 close) at Scotia Capital.

Da MarketBeat.com

 Altice (OTCMKTS:ALLVF) was upgraded by analysts at Barclays PLC from an "equal

weight" rating to an "overweight" rating. current price of $11.93. Read More.
 Amgen (NASDAQ:AMGN) was upgraded by analysts at Argus from a "hold" rating to a
"buy" rating. They now have a $220.00 price target on the stock, up previously from
$192.33. 14.2% upside from the current price of $192.66. Read More.
 Caterpillar (NYSE:CAT) was upgraded by analysts at Seaport Global Securities from a
"neutral" rating to a "buy" rating. They now have a $195.00 price target on the stock, up
previously from $170.90. 14.1% upside from the current price of $170.89. Read More.
 easyJet (LON:EZJ) was upgraded by analysts at Royal Bank of Canada to an
"outperform" rating. They now have a GBX 1,700 ($23.05) price target on the stock, up
previously from GBX 1,450 ($19.66). Read More.
 Palo Alto Networks (NYSE:PANW) was upgraded by analysts at Deutsche Bank AG
from a "hold" rating to a "buy" rating. current price of $153.87. Read More.
 Baidu (NASDAQ:BIDU) was downgraded by analysts at Jefferies Group LLC from a
"buy" rating to a "hold" rating. current price of $256.12. Read More.
 GoPro (NASDAQ:GPRO) was downgraded by analysts at Morgan Stanley from an
"equal weight" rating to an "underweight" rating. They now have a $5.00 price target on
the stock, down previously from $9.50. 20.6% downside from the current price of
$6.30. Read More.
 HP (NYSE:HPQ) was downgraded by analysts at Morgan Stanley from an "overweight"
rating to an "equal weight" rating. current price of $23.85. Read More.
 International Business Machines (NYSE:IBM) was downgraded by analysts at Morgan
Stanley from an "equal weight" rating to an "underweight" rating. They now have a
$205.00 price target on the stock, up previously from $200.00. 26.1% upside from the
current price of $162.60. Read More.
 Netflix (NASDAQ:NFLX) was downgraded by analysts at Buckingham Research from a
"buy" rating to a "neutral" rating. They noted that the move was a valuation call. current
price of $249.98. Read More.
 Adobe Systems (NASDAQ:ADBE) had its price target raised by analysts at Barclays
PLC from $193.00 to $221.00. They now have an "overweight" rating on the stock.
10.4% upside from the current price of $200.16. Read More.

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
 Adobe Systems (NASDAQ:ADBE) had its price target raised by analysts at Pivotal
Research from $193.00 to $195.00. They now have a "hold" rating on the stock. 2.6%
downside from the current price of $200.16. Read More.
 Adobe Systems (NASDAQ:ADBE) had its price target raised by analysts at Credit
Suisse Group AG from $220.00 to $225.00. They now have an "outperform" rating on
the stock. 12.4% upside from the current price of $200.16. Read More.
 Adobe Systems (NASDAQ:ADBE) had its price target raised by analysts at Royal Bank
of Canada to $208.00. They now have an "outperform" rating on the stock. 3.9% upside
from the current price of $200.16. Read More.
 Amazon.com (NASDAQ:AMZN) had its price target raised by analysts at Loop Capital
to $1,500.00. They now have a "buy" rating on the stock. 11.1% upside from the current
price of $1,350.60. Read More.
 Halliburton (NYSE:HAL) had its price target raised by analysts at Loop Capital from
$57.00 to $69.00. They now have a "buy" rating on the stock. 20.8% upside from the
current price of $57.13. Read More.
 Halliburton (NYSE:HAL) had its price target raised by analysts at SunTrust Banks, Inc.
to $69.00. They now have a "hold" rating on the stock. 20.8% upside from the current
price of $57.13. Read More.
 Microsoft (NASDAQ:MSFT) had its price target raised by analysts at Stifel Nicolaus
from $90.00 to $92.00. They now have a "buy" rating on the stock. 0.4% upside from the
current price of $91.64. Read More.
 Netflix (NASDAQ:NFLX) had its price target raised by analysts at B. Riley from $211.00
to $243.00. They now have a "buy" rating on the stock. 2.8% downside from the current
price of $249.98. Read More.
 Netflix (NASDAQ:NFLX) had its price target raised by analysts at Canaccord Genuity
from $225.00 to $280.00. They now have a "buy" rating on the stock. 12.0% upside from
the current price of $249.98. Read More.
 Netflix (NASDAQ:NFLX) had its price target raised by analysts at Piper Jaffray
Companies from $240.00 to $281.00. They now have an "overweight" rating on the
stock. 12.4% upside from the current price of $249.98. Read More.
 Schlumberger (NYSE:SLB) had its price target raised by analysts at SunTrust Banks,
Inc. from $72.00 to $80.00. They now have a "hold" rating on the stock. 1.2% upside
from the current price of $79.08. Read More.
 Halliburton (NYSE:HAL) was upgraded by analysts at Guggenheim from a "neutral"
rating to a "buy" rating. current price of $53.01. Read More.
 Harley-Davidson (NYSE:HOG) was upgraded by analysts at Wells Fargo & Co from a
"market perform" rating to an "outperform" rating. They now have a $59.00 price target
on the stock. 11.3% upside from the current price of $53.00. Read More.
 Verizon Communications (NYSE:VZ) was upgraded by analysts at Scotia Howard
Weill from a "sector perform" rating to a "sector outperform" rating. current price of
$51.91. Read More.
 Verizon Communications (NYSE:VZ) was upgraded by analysts at Howard Weil from a
"sector perform" rating to a "sector outperform" rating. current price of $51.91. Read
More.
 Verizon Communications (NYSE:VZ) was upgraded by analysts at Scotiabank from a
"sector perform" rating to a "sector outperform" rating. current price of $51.91. Read
More.

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
 Apple (NASDAQ:AAPL) was downgraded by analysts at Atlantic Securities from an
"overweight" rating to a "neutral" rating. They now have a $190.00 price target on the
stock, up previously from $177.35. They noted that the move was a valuation call. 7.1%
upside from the current price of $177.39. Read More.
 General Electric (NYSE:GE) was downgraded by analysts at Bank of America Corp
from a "buy" rating to a "neutral" rating. They now have a $17.00 price target on the
stock. 5.8% upside from the current price of $16.07. Read More.
 Palo Alto Networks (NYSE:PANW) was downgraded by analysts at Goldman Sachs
Group Inc from a "buy" rating to a "neutral" rating. They now have a $168.00 price target
on the stock. 9.7% upside from the current price of $153.15. Read More.
 Royal Dutch Shell (NYSE:RDS.A) had its price target raised by analysts at Cowen Inc
from $66.00 to $80.00. They now have an "outperform" rating on the stock. 14.6%
upside from the current price of $69.83. Read More.
 Royal Dutch Shell (LON:RDSA) had its price target raised by analysts at JPMorgan
Chase & Co. from GBX 2,850 ($38.65) to GBX 2,950 ($40.01). They now have an
"overweight" rating on the stock. Read More.
 Royal Dutch Shell (LON:RDSB) had its price target raised by analysts at JPMorgan
Chase & Co. from GBX 2,850 ($38.65) to GBX 2,950 ($40.01). They now have an
"overweight" rating on the stock. Read More.
 Tesco (LON:TSCO) had its price target raised by analysts at Credit Suisse Group AG
from GBX 165 ($2.24) to GBX 185 ($2.51). They now have an "underperform" rating on
the stock. Read More.



Insider sales:

Da Daily Trade Alert:

 Palo Alto Networks (PANW) upgraded by Deutsche Bank from Hold to Buy
 Caterpillar (CAT) upgraded by Seaport Global from Neutral to Buy
 Amgen (AMGN) upgraded by Argus from Hold to Buy
 HP Inc. (HPQ) downgraded by Morgan Stanley from Overweight to Equal Weight
 Netflix (NFLX) downgraded by Buckingham from Buy to Neutral
 Halliburton (HAL) upgraded by Guggenheim from Neutral to Buy
 Harley-Davidson (HOG) upgraded by Wells Fargo from Market Perform to
Outperform
 21st Century Fox (FOXA) upgraded by Atlantic Equities from Neutral to
Overweight

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 Irrobuxtiamo la strategia – 23 Gennaio 2018
 General Electric (GE) downgraded by BofA/Merrill from Buy to Neutral
 Palo Alto Networks (PANW) downgraded by Goldman Sachs from Buy to
Neutral

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