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CVU

CPI Aerostructures

$6.86

-0.01 (-0.15%)

, LMT

Lockheed Martin

$239.72

-2.62 (-1.08%)

08:07
10/03/16
10/03
08:07
10/03/16
08:07

CPI Aerostructures awarded $5M contract from Sikorsky

CPI Aerostructures (CVU) announced that Sikorsky, a Lockheed Martin Company (LMT), has awarded CPI Aero purchase orders valued at approximately $5M to manufacture the weapon pylon for the Sikorsky CH-148 Cyclone, a twin-engine, multi-role shipboard helicopter being manufactured by Sikorsky for the Royal Canadian Air Force. CPI Aero will produce weapon pylons for 28 aircraft with deliveries through 2018.

CVU

CPI Aerostructures

$6.86

-0.01 (-0.15%)

LMT

Lockheed Martin

$239.72

-2.62 (-1.08%)

  • 12

    Oct

CVU CPI Aerostructures
$6.86

-0.01 (-0.15%)

10/09/15
ADAM
10/09/15
INITIATION
Target $12
ADAM
Buy
CPI Aerostructures initiated with a Buy at Canaccord
Target $12.
10/09/15
10/09/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 21st Century Fox (FOXA) initiated with an Overweight at Pacific... Allergan (AGN) initiated with a Buy at Mizuho... Atara Biotherapeutics (ATRA) initiated with an Outperform at William Blair... AutoNation (AN) initiated with a Neutral at Northcoast... CPI Aerostructures (CVU) initiated with a Buy at Canaccord... Ciena (CIEN) initiated with an Equal Weight at Morgan Stanley... Diamond Offshore (DO) initiated with a Sector Weight at KeyBanc... Digital Turbine (APPS) initiated with a Buy at B. Riley... DuPont Fabros (DFT) initiated with a Buy at Janney Capital... Edwards Lifesciences (EW) initiated with an Outperform at Cowen... Endo (ENDP) initiated with a Buy at Mizuho... Ensco (ESV) initiated with a Sector Weight at KeyBanc... Expeditors (EXPD) initiated with a Neutral at UBS... First Midwest (FMBI) initiated with an Overweight at Stephens... Flex (FLEX) initiated with a Buy at B. Riley... Horizon Pharma (HZNP) initiated with a Buy at Mizuho... Hornbeck Offshore (HOS) initiated with a Sector Weight at KeyBanc... Hub Group (HUBG) initiated with a Buy at UBS... Infinera (INFN) initiated with an Equal Weight at Morgan Stanley... J.B. Hunt (JBHT) initiated with a Neutral at UBS... Jabil Circuit (JBL) initiated with a Buy at B. Riley... Jazz Pharmaceuticals (JAZZ) initiated with a Buy at Mizuho... Netflix (NFLX) initiated with a Market Perform at BMO Capital... Noble Corp. (NE) initiated with a Sector Weight at KeyBanc... Ocata Therapeutics (OCAT) initiated with a Buy at Cantor... Parsley Energy (PE) initiated with an Outperform at Iberia... People's Utah Bancorp (PUB) initiated with a Buy at Sandler O'Neill... PrivateBancorp (PVTB) initiated with an Equal Weight at Stephens... Rowan Companies (RDC) initiated with a Sector Weight at KeyBanc... Sucampo (SCMP) initiated with a Neutral at Mizuho... Transocean (RIG) initiated with a Sector Weight at KeyBanc... Valeant (VRX) initiated with a Neutral at Mizuho... Zimmer Biomet (ZBH) initiated with an Outperform at Credit Suisse. This note corrects a prior version that erroneously said Knight Transportation (KNX) was initiated with a Buy at Northcoast. The firm initiated coverage of CarMax (KMX) this morning, not Knight Transportation.
LMT Lockheed Martin
$239.72

-2.62 (-1.08%)

09/06/16
SBSH
09/06/16
INITIATION
Target $284
SBSH
Buy
Lockheed Martin initiated with a Buy at Citi
Citi analyst Jason Gursky resumed coverage of Lockheed Martin with a Buy rating and $284 price target.
09/06/16
09/06/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Johnson Controls (JCI) initiated with a Sector Perform at RBC Capital with analyst Deane Dray saying he thinks that the company's synergies from its merger can beat expectations, but the analyst says that the stock is already "reflecting optimism." 2. DaVita (DVA) initiated with a Neutral at Citi. 3. Hershey (HSY) reinstated with a Neutral at JPMorgan. 4. Dollar Tree (DLTR) coverage assumed with a Conviction Buy at Goldman. 5. Lockheed Martin (LMT) initiated with a Buy at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/19/16
WELS
09/19/16
UPGRADE
WELS
Outperform
Lockheed Martin upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Sam Pearlstein upgraded Lockheed Martin to Outperform saying he believes the company's earnings can grow 20% per year through 2020. The analyst sees potential for $20 per share of earnings in 2020 driven mainly by Lockheed's decision to freeze its pension plans. Pearlstein thinks the stock could be worth $300 and he upped his price target range for the name to $275-$280 from $255-$260.
09/19/16
09/19/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. General Motors (GM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Adam Jonas saying he believes even flat earnings in 2017 and 2018 would be received as a positive surprise by the market. 2. Wells Fargo (WFC) upgraded to Outperform from Neutral at Baird analyst David George saying he believes the recent pullback is a buying opportunity. 3. Lockheed Martin (LMT) upgraded to Outperform from Market Perform at Wells Fargo with analyst Sam Pearlstein saying he believes the company's earnings can grow 20% per year through 2020. 4. U.S. Steel (X), AK Steel (AKS), and Olympic Steel (ZEUS) were upgraded to Sector Weight from Underweight at KeyBanc with analyst Ivan Marcuse saying the stocks at current levels better reflect the more competitive market conditions he expects in Q4 and 2017. 5. Mattel (MAT) upgraded to Buy from Neutral at Monness Crespi. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

CMG

Chipotle

$309.49

6.08 (2.00%)

12:41
09/20/17
09/20
12:41
09/20/17
12:41
Hot Stocks
Ackman calls Chipotle shares 'extremely cheap' »

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FSLR

First Solar

$48.86

0.32 (0.66%)

12:36
09/20/17
09/20
12:36
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12:36
Hot Stocks
First Solar off lows after Deutsche's analysis of Friday's ITC ruling »

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FSLR

First Solar

$48.86

0.32 (0.66%)

12:35
09/20/17
09/20
12:35
09/20/17
12:35
Recommendations
First Solar analyst commentary  »

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12:35
09/20/17
09/20
12:35
09/20/17
12:35
General news
FOMC forecast revisions »

FOMC forecast revisions…

AA

Alcoa

$47.30

1.1 (2.38%)

12:30
09/20/17
09/20
12:30
09/20/17
12:30
Options
All time high for Alcoa shares draws December premium buyers »

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GM

General Motors

$38.99

0.29 (0.75%)

12:25
09/20/17
09/20
12:25
09/20/17
12:25
Periodicals
GM and striking workers union Unifor in informal talks, Automotive News says »

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ADP

ADP

$107.48

0.93 (0.87%)

12:21
09/20/17
09/20
12:21
09/20/17
12:21
Hot Stocks
Ackman says ADP CEO's stake lot more levered than Pershing's »

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ADP

ADP

$107.48

0.93 (0.87%)

12:20
09/20/17
09/20
12:20
09/20/17
12:20
Hot Stocks
Ackman says ADP stock options owned are 'very deep in the money' »

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CSIQ

Canadian Solar

$16.71

-0.09 (-0.54%)

12:20
09/20/17
09/20
12:20
09/20/17
12:20
Options
Aggressive put buying in Canadian Solar »

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ADP

ADP

$107.48

0.93 (0.87%)

12:18
09/20/17
09/20
12:18
09/20/17
12:18
Hot Stocks
ADP board has no shareholder orientation, Ackman says »

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$NSD

NASDAQ Market Internals

12:17
09/20/17
09/20
12:17
09/20/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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BBRY

BlackBerry

$9.14

-0.12 (-1.30%)

, DLPH

Delphi

$100.97

0.07 (0.07%)

12:16
09/20/17
09/20
12:16
09/20/17
12:16
Periodicals
Delphi picks BlackBerry's QNX OS for self-driving platform, CNet reports »

Delphi (DLPH) has…

BBRY

BlackBerry

$9.14

-0.12 (-1.30%)

DLPH

Delphi

$100.97

0.07 (0.07%)

03/08/13
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  • 28

    Sep

$NYE

NYSE Market Internals

12:16
09/20/17
09/20
12:16
09/20/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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ADP

ADP

$107.48

0.93 (0.87%)

12:15
09/20/17
09/20
12:15
09/20/17
12:15
Hot Stocks
Ackman says can work with ADP CEO after 'spoiled brat' comment »

Pershing Square's…

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12:15
09/20/17
09/20
12:15
09/20/17
12:15
General news
FOMC balance sheet »

FOMC balance sheet: the…

ADP

ADP

$107.48

0.93 (0.87%)

12:14
09/20/17
09/20
12:14
09/20/17
12:14
Hot Stocks
Ackman says ADP margin opportunity closer to 1,200 basis points »

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CMG

Chipotle

$309.39

5.98 (1.97%)

12:12
09/20/17
09/20
12:12
09/20/17
12:12
Hot Stocks
Ackman says Chipotle management doing 'all the right things' »

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ADP

ADP

$107.48

0.93 (0.87%)

12:11
09/20/17
09/20
12:11
09/20/17
12:11
Hot Stocks
ADP does not want shares held by Pershing supporters, Ackman says »

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GOOG

Alphabet

$921.81

6.81 (0.74%)

, GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

12:11
09/20/17
09/20
12:11
09/20/17
12:11
Periodicals
Google nears deal to buy assets from HTC, Bloomberg reports »

Google is nearing a deal…

GOOG

Alphabet

$921.81

6.81 (0.74%)

GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

03/08/13
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  • 22

    Oct

  • 29

    Nov

HMNY

Helios and Matheson

$5.70

2.22 (63.79%)

12:10
09/20/17
09/20
12:10
09/20/17
12:10
Periodicals
Helios and Matheson mentioned cautiously by TheStreetSweeper 

Reference Link

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ADP

ADP

$107.48

0.93 (0.87%)

, PAYX

Paychex

$58.07

-0.01 (-0.02%)

12:09
09/20/17
09/20
12:09
09/20/17
12:09
Hot Stocks
Ackman says 80% of ADP's issue is margins not at Paychex level »

Pershing Square's…

ADP

ADP

$107.48

0.93 (0.87%)

PAYX

Paychex

$58.07

-0.01 (-0.02%)

03/08/13
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  • 30

    Oct

ADP

ADP

$107.48

0.93 (0.87%)

12:08
09/20/17
09/20
12:08
09/20/17
12:08
Hot Stocks
Ackman says ADP products are not easy enough to use »

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ADP

ADP

$107.48

0.93 (0.87%)

12:06
09/20/17
09/20
12:06
09/20/17
12:06
Hot Stocks
Ackman says ADP overstates total shareholder returns under CEO »

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LUXTY

Luxottica

$57.52

0.06 (0.10%)

, ESLOY

Essilor

$63.35

-0.06 (-0.09%)

12:06
09/20/17
09/20
12:06
09/20/17
12:06
Downgrade
Luxottica, Essilor rating change  »

Luxottica downgraded to…

LUXTY

Luxottica

$57.52

0.06 (0.10%)

ESLOY

Essilor

$63.35

-0.06 (-0.09%)

03/08/13
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PSEC

Prospect Capital

$6.72

0.07 (1.05%)

12:05
09/20/17
09/20
12:05
09/20/17
12:05
Options
Prospect Capital call volume above normal and directionally bullish »

Bullish option flow…

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