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TARO

Taro Pharmaceutical

$111.00

0.49 (0.44%)

, NVS

Novartis

$79.00

0.04 (0.05%)

17:08
10/03/16
10/03
17:08
10/03/16
17:08

Taro names Mariano Balaguer CFO, chief accounting officer

Taro Pharmaceutical Industries (TARO) announced the appointment of Mariano Balaguer as vice president, CFO and chief accounting officer, effective today. Balaguer has nearly 20 years of senior management experience in finance with global companies such as Novartis Consumer Health (NVS), Nestle (NSRGY) and most recently, the Global Strategic Portfolio Division of Henry Schein (HSIC).

TARO

Taro Pharmaceutical

$111.00

0.49 (0.44%)

NVS

Novartis

$79.00

0.04 (0.05%)

NSRGY

Nestle

$78.92

-0.1 (-0.13%)

HSIC

Henry Schein

$161.43

-1.55 (-0.95%)

  • 07

    Oct

  • 06

    Nov

TARO Taro Pharmaceutical
$111.00

0.49 (0.44%)

NVS Novartis
$79.00

0.04 (0.05%)

09/20/16
CHDN
09/20/16
INITIATION
Target $95
CHDN
Buy
Novartis initiated with a Buy at Chardan
Chardan initiated Novartis with a Buy and a $95 price target.
09/02/16
LEER
09/02/16
NO CHANGE
LEER
Outperform
Teva third Copaxone patent invalidated as expected, says Leerink
Leerink analyst Jason Gerberry says Teva (TEVA) suffered a largely expected loss in its Copaxone 40mg patent battle, with the Patent Trial and Appeal Board, or PTAB, ruling a third patent invalid. The analyst believes the company will likely appeal the loss, along with PTAB rulings rendered last week that other Copaxone patents were invalid. Gerberry sees the bull case scenario of Teva securing patent exclusivity of the Copaxone 40mg as unlikely and says a settlement with Momenta (MNTA) and Novartis (NVS) is the most logical course of action to mitigate 2017-2018E EPS risk. He reiterates an Outperform rating on Teva's shares.
08/31/16
PIPR
08/31/16
NO CHANGE
PIPR
Piper's Schimmer unsure of impact from Novartis CAR-T shakeup
Piper Jaffray analyst Joshua Schimmer said he's struggling with the implications of the news that Novartis (NVS) is reportedly eliminating its Cell and Gene Therapy unit as a stand-alone entity, which is primarily focused on development of CAR-T and adoptive immunotherapies. On the one hand, removing a leading competitor is a positive for the rest of the field, Schimmer tells investors in a research note. On the other hand, the move by Novartis could signal "significant challenges" in the field, the analyst adds. Schimmer continues to prefer companies "with unique and differentiated approaches," namely Bellicum Pharmaceuticals (BLCM), Cellectis (CLLS), Lion Biotechnologies (LBIO), Amgen (AMGN), Celgene (CELG) and bluebird bio (BLUE). Juno Therapeutics (JUNO) and Kite Pharma (KITE) are down 6% and 5%, respectively, in midday trading.
08/31/16
LEER
08/31/16
NO CHANGE
Target $61
LEER
Outperform
Teva price target lowered to $61 from $66 at Leerink
Leerink analyst Jason Gerberry lowered his price target for Teva (TEVA) to $61 from $66 on loss of Copaxone patent challenge as an upside catalyst. The analyst believes Teva's share price implies a generic entrant sometime in the second half of 2017 after losing an Inter Partes Review decision on two Copaxone 40mg anchor patents. In order to mitigate EPS downside in 2017-2018 and eliminate business uncertainty, Gerberry thinks the company should settle its Copaxone patent dispute with Novartis (NVS) and Momenta (MNTA), which he sees as "the most credible" generic threat. The analyst reiterates an Outperform rating on Teva's shares.
NSRGY Nestle
$78.92

-0.1 (-0.13%)

08/11/16
08/11/16
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. Shake Shack (SHAK) upgraded to Buy from Neutral at SunTrust with analyst Jake Bartlett saying improved unit growth and its second quarter same-store sales miss creates a buying opportunity. 2. SeaWorld (SEAS) upgraded to Neutral from Underperform at Credit Suisse with analyst Benjamin Chalken citing recently lowered guidance, reset expectations, and balanced risk reward. 3. Cabot Oil & Gas (COG) upgraded to Outperform at Scotia Howard Weil with analyst Holly Stewart saying she expects infrastructure concerns will be reconciled by early 2018 with the inservice of 850 MMcf/d of contracted capacity and another 690 MMcf/d by early 2019. 4. American Eagle (AEO) upgraded to Buy from Hold at Wunderlich with analyst Eric Beder saying the company's momentum is "too strong" not to own the shares. 5. Nestle (NSRGY) upgraded to Buy from Hold at Societe Generale. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/11/16
SOCG
08/11/16
UPGRADE
SOCG
Buy
Nestle upgraded to Buy from Hold at Societe Generale
09/09/16
DBAB
09/09/16
UPGRADE
DBAB
Buy
Nestle upgraded to Buy from Hold at Deutsche Bank
09/13/16
GSCO
09/13/16
UPGRADE
GSCO
Buy
Nestle upgraded to Buy from Neutral at Goldman
HSIC Henry Schein
$161.43

-1.55 (-0.95%)

08/02/16
CLVD
08/02/16
NO CHANGE
CLVD
Henry Schein dental momentum continued through Q2, says Cleveland Research
Cleveland Research analyst Rob Eich channel work indicates Henry Schein's US dental momentum continued in Q2 with strong growth in both consumables and equipment. The analyst is modeling Q2 earnings of $1.64, versus consensus of $1.63 and reiterates his Buy rating.
03/16/16
FBCO
03/16/16
INITIATION
Target $170
FBCO
Neutral
Henry Schein initiated with a Neutral at Credit Suisse
Target $170.
09/12/16
BOFA
09/12/16
INITIATION
Target $185
BOFA
Buy
Henry Schein reinitiated with a Buy at BofA/Merrill
BofA/Merrill analyst Steven Valiquette reinstated coverage on Henry Schein with a Buy and $185 price target. The analyst expects growth to accelerate in 2H 2016 and recommends taking advantage of recent share weakness.
03/01/16
BRRR
03/01/16
UPGRADE
BRRR
Outperform
Henry Schein upgraded to Outperform from Market Perform at Barrington

TODAY'S FREE FLY STORIES

CASC

Cascadian Therapeutics

$5.65

-0.03 (-0.53%)

, GHDX

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$30.81

-0.17 (-0.55%)

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GHDX

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RDUS

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OCX

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BAYRY

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NSTG

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NVS

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2.15 (3.18%)

NVTA

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0.28 (4.02%)

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  • 13

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    Jan

BBSI

Barrett Business

$62.30

1.85 (3.06%)

, BREW

Craft Brew

$16.65

0.45 (2.78%)

04:55
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BBSI

Barrett Business

$62.30

1.85 (3.06%)

BREW

Craft Brew

$16.65

0.45 (2.78%)

CHKE

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DFBG

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DLA

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ESCA

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FLKS

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KONA

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LNDC

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MEET

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0.16 (2.93%)

MITK

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0.35 (5.69%)

MB

MINDBODY

$20.70

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OSIS

OSI Systems

$78.17

1.22 (1.59%)

PLNT

Planet Fitness

$21.01

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ROX

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$0.75

0.0309 (4.30%)

PRTS

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$3.33

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RSYS

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$4.77

0.11 (2.36%)

SWHC

Smith & Wesson

$21.07

-0.16 (-0.75%)

VSTO

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$38.62

-1.24 (-3.11%)

WMAR

West Marine

$9.41

0.13 (1.40%)

ZAGG

ZAGG

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  • 12

    Dec

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    Dec

  • 13

    Dec

  • 13

    Dec

  • 09

    Jan

ANET

Arista Networks

$94.41

-1.35 (-1.41%)

, CSCO

Cisco

$30.06

0.11 (0.37%)

18:32
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Hot Stocks
Arista Networks favored in ITC initial determination on four of six patents »

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ANET

Arista Networks

$94.41

-1.35 (-1.41%)

CSCO

Cisco

$30.06

0.11 (0.37%)

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  • 12

    Dec

  • 12

    Dec

  • 12

    Dec

TKTDY

Takata Corporation

$10.70

0.05 (0.47%)

18:22
12/09/16
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18:22
Periodicals
U.S. DOT looks to accelerate pace of Takata air bag replacements, Reuters says »

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DV

DeVry

$31.90

0.9 (2.90%)

18:17
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12/09
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18:17
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Breaking Hot Stocks news story on DeVry »

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  • 09

    Dec

CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

18:10
12/09/16
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18:10
Periodicals
Cornerstone OnDemand considers sale amid activist pressure, Bloomberg reports »

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CVM

CEL-SCI

$0.12

-0.0014 (-1.17%)

18:03
12/09/16
12/09
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Hot Stocks
NYSE MKT says CEL-SCI noncompliant with certain listing requirements »

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XOM

Exxon Mobil

$89.00

0.68 (0.77%)

18:01
12/09/16
12/09
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Exxon CEO Tillerson emerges as top candidate for secretary of state, WSJ says »

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FUL

H.B. Fuller

$50.36

0.05 (0.10%)

17:58
12/09/16
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H.B. Fuller announces restructuring, to eliminate, relocate 220 positions »

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BIIB

Biogen

$287.77

-1.77 (-0.61%)

17:53
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Biogen looks like a bargain, Barron's reports »

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SNY

Sanofi

$40.40

0.63 (1.58%)

17:42
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Sanofi to lay off 20% of U.S. diabetes, cardiovascular staff, Bloomberg says »

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  • 29

    Mar

CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

17:38
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Cornerstone OnDemand considers sale amid activist pressure, Bloomberg reports »

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TACO

Del Taco

$14.75

-0.39 (-2.58%)

17:34
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  • 09

    Jan

  • 09

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  • 09

    Dec

UNVR

Univar

$26.36

0.54 (2.09%)

, BXLT

Baxalta

17:30
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Univar names Eric Foster chief information officer »

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UNVR

Univar

$26.36

0.54 (2.09%)

BXLT

Baxalta

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PARN

Parnell

$1.42

-0.0031 (-0.22%)

17:30
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Breaking Hot Stocks news story on Parnell 

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BSX

Boston Scientific

$20.81

0.2 (0.97%)

, NVRO

Nevro

$76.38

-1.88 (-2.40%)

17:24
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Boston Scientific files patent infringement suit against Nevro »

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BSX

Boston Scientific

$20.81

0.2 (0.97%)

NVRO

Nevro

$76.38

-1.88 (-2.40%)

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  • 12

    Dec

RTN

Raytheon

$146.30

0.14 (0.10%)

17:21
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12/09
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Raytheon awarded $101.9M government contract »

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CX

CEMEX

$8.77

-0.16 (-1.79%)

17:18
12/09/16
12/09
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CEMEX receives subpoena from SEC regarding Foreign Corrupt Practices Act »

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PDEX

PRO-DEX

$4.48

0.034 (0.76%)

17:06
12/09/16
12/09
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17:06
Syndicate
Breaking Syndicate news story on PRO-DEX »

PRO-DEX files $25M mixed…

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PFBX

Peoples Financial

$14.50

-0.5 (-3.33%)

17:02
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12/09
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17:02
Hot Stocks
Breaking Hot Stocks news story on Peoples Financial »

Jeffrey L. Gendell…

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QUIK

QuickLogic

$0.94

-0.0163 (-1.71%)

17:00
12/09/16
12/09
17:00
12/09/16
17:00
Syndicate
Breaking Syndicate news story on QuickLogic »

QuickLogic files $40M…

03/08/13
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STRZA

Starz

17:00
12/09/16
12/09
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17:00
Hot Stocks
Breaking Hot Stocks news story on Starz »

Elliott Associates…

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BEL

Belmond

16:55
12/09/16
12/09
16:55
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16:55
Syndicate
Breaking Syndicate news story on Belmond »

Belmond files automatic…

03/08/13
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PARN

Parnell

$1.42

-0.0031 (-0.22%)

16:55
12/09/16
12/09
16:55
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16:55
Hot Stocks
Breaking Hot Stocks news story on Parnell »

Parnell trading halted,…

03/08/13
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MS

Morgan Stanley

$43.73

0.15 (0.34%)

, SHAK

Shake Shack

$38.08

0.82 (2.20%)

16:50
12/09/16
12/09
16:50
12/09/16
16:50
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley, Shake Shack »

Morgan Stanley reports…

MS

Morgan Stanley

$43.73

0.15 (0.34%)

SHAK

Shake Shack

$38.08

0.82 (2.20%)

03/08/13
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03/06/13
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  • 09

    Jan

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