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PAYX

Paychex

$56.80

-0.26 (-0.46%)

, PCTY

Paylocity

$43.98

0.06 (0.14%)

07:12
10/06/16
10/06
07:12
10/06/16
07:12

William Blair to hold a summit

HR Technology Summit is being held in Chicago on October 6.

PAYX

Paychex

$56.80

-0.26 (-0.46%)

PCTY

Paylocity

$43.98

0.06 (0.14%)

ULTI

Ultimate Software

$206.00

1.87 (0.92%)

  • 06

    Oct

  • 12

    Oct

  • 01

    Nov

  • 14

    Nov

PAYX Paychex
$56.80

-0.26 (-0.46%)

01/07/16
BOFA
01/07/16
DOWNGRADE
BOFA
Underperform
Paychex downgraded to Underperform from Neutral at BofA/Merrill
01/07/16
01/07/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 1st Constitution Bancorp (FCCY) downgraded to Market Perform at Raymond James... Alaska Air (ALK) downgraded to Neutral from Outperform at Credit Suisse... Alexion (ALXN) downgraded to Neutral from Buy at BTIG... Anadarko (APC) downgraded to Hold from Buy at Deutsche Bank... Apple Hospitality REIT (APLE) downgraded to Neutral from Outperform at Baird... Aqua America (WTR) downgraded to Neutral from Buy at Ladenburg... ArcBest (ARCB) downgraded to Equal Weight from Overweight at Stephens... Ashford Hospitality Prime (AHP) downgraded to Underperform from Neutral at Baird... Broadcom (BRCM) downgraded to Market Perform from Outperform at Bernstein... Brown & Brown (BRO) downgraded to Neutral from Buy at SunTrust... Caladrius (CLBS) downgraded to Hold from Buy at Maxim... Capital One (COF) downgraded to Hold from Buy at Deutsche Bank... DDR Corp. (DDR) downgraded to Neutral from Outperform at Baird... Everyday Health (EVDY) downgraded on salesforce issues at Stifel... Expeditors (EXPD) downgraded to Sell from Neutral at UBS... First Community (FCCO) downgraded to Market Perform from Outperform at Raymond James... Genesee & Wyoming (GWR) downgraded to Sector Perform from Outperform at RBC Capital... HP Inc. (HPQ) downgraded to Market Perform from Outperform at Wells Fargo... Heartland Express (HTLD) downgraded to Underperform from Sector Perform at RBC Capital... Highwoods Properties (HIW) downgraded to Neutral from Outperform at Baird... Horizon Bancorp (HBNC) downgraded to Hold from Buy at Sandler O'Neill... Hubbell (HUBB) downgraded to Neutral from Overweight at JPMorgan... Illumina (ILMN) downgraded to Market Perform from Outperform at Wells Fargo... Kite Realty Trust (KRG) downgraded to Neutral from Outperform at Baird... Mondelez (MDLZ) downgraded to Hold from Buy at Deutsche Bank... Moody's (MCO) downgraded to Neutral from Overweight at Piper Jaffray... Morgan Stanley says Nordstrom (JWN) not immune from industry headwinds, cuts to sell... National Retail Properties (NNN) downgraded to Market Perform from Outperform at Raymond James... Navios Maritime (NM) downgraded to Sell on cash burn at Stifel... Newmont Mining (NEM) downgraded to Sector Perform from Outperform at RBC Capital... Nordstrom (JWN) downgraded to Underweight from Equal Weight at Morgan Stanley... Old Dominion (ODFL) downgraded to Sector Perform from Outperform at RBC Capital... Paychex (PAYX) downgraded to Underperform from Neutral at BofA/Merrill... PerkinElmer (PKI) downgraded to Market Perform from Outperform at Cowen... Piedmont Office Realty (PDM) downgraded to Neutral from Outperform at Baird... Post Properties (PPS) downgraded to Market Perform from Outperform at Raymond James... Public Storage (PSA) downgraded to Market Perform from Outperform at Raymond James... Rush Enterprises (RUSHA) downgraded to Sector Perform from Outperform at RBC Capital... Ryder (R) downgraded to Sector Perform from Outperform at RBC Capital... Saia, Inc. (SAIA) downgraded to Equal Weight from Overweight at Stephens... Scorpio Bulkers (SALT) downgraded to Hold from Buy at Stifel... Spirit Realty (SRC) downgraded to Neutral from Outperform at Baird... Star Bulk Carriers (SBLK) downgraded to Hold from Buy at Stifel... Stryker (SYK) downgraded to Market Perform from Outperform at Northland... Swift Transport (SWFT) downgraded to Sector Perform from Outperform at RBC Capital... Team (TISI) downgraded to Hold from Buy at BB&T... Terreno Realty (TRNO) downgraded to Neutral from Outperform at Baird... Thomson Reuters (TRI) downgraded to Neutral from Buy at BofA/Merrill... UBS (UBS) downgraded to Equal Weight from Overweight at Barclays... WebMD (WBMD) downgraded to Hold from Buy at Stifel... Whiting USA Trust II (WHZ) downgraded to Underperform at Raymond James... Zimmer Biomet (ZBH) downgraded to Market Perform from Outperform at Northland.
04/15/16
COMP
04/15/16
INITIATION
Target $45
COMP
Sell
Paychex initiated with a Sell at Compass Point
Target $45.
08/23/16
MSCO
08/23/16
NO CHANGE
MSCO
Morgan Stanley continues to see downside to Western Union and Paychex
Morgan Stanley analysts led by Danyal Hussain continues to see downside Western Union (WU) and Paychex (PAYX). The analyst expects revenue growth to be pressured by rising competition and said Western Union has the most risk given diminished network advantages in cash money transfer, an increasing transition to online transfers, and a rising tax rate in coming years. Hussain said Paychex is exposed to rising competition given its premium pricing and margin profile, and premium valuation. The analyst has an Underweight rating on both stocks.
PCTY Paylocity
$43.98

0.06 (0.14%)

07/08/16
FANA
07/08/16
DOWNGRADE
Target $42
FANA
Equal-Weight
Paylocity downgraded to Equal-Weight from Overweight at First Analysis
First Analysis analyst Corey Greendale downgraded Paylocity (PCTY) to Equal-Weight citing valuation with the shares above his $42 price target. The analyst prefers Paycom (PAYC) at current levels.
08/10/16
STFL
08/10/16
NO CHANGE
STFL
Paylocity price target raised to $50 from $43 at Stifel
Stifel analyst Brad Reback believes that Paylocity reported "strong" and "impressive" Q4 results. The analyst notes that the company raised its guidance, and he views the new guidance as conservative. Reback thinks that the company can grow its recurring revenue at a 25%-30% + clip while expanding its margins. He keeps a Buy rating on the shares.
08/10/16
NEED
08/10/16
NO CHANGE
Target $58
NEED
Buy
Paylocity price target raised to $58 from $45 at Needham
Needham analyst raised his price target for Paylocity to $58 from $45 after the company reported another "exceptionally strong" sales quarter, with upside to both revenue and EPS. The analyst reiterates a Buy rating on the shares as he believes the company's recent sales capacity increases could position Paylocity for additional 30% revenue growth in 2018 if the demand environment remains favorable.
09/20/16
PACS
09/20/16
INITIATION
PACS
Sector Weight
Paylocity initiated with a Sector Weight at Pacific Crest
Pacific Crest analyst Trevor Upton started Paylocity with a Sector Weight rating.
ULTI Ultimate Software
$206.00

1.87 (0.92%)

05/31/16
PIPR
05/31/16
INITIATION
Target $225
PIPR
Overweight
Ultimate Software coverage resumed with an Overweight at Piper Jaffray
Target $225.
07/25/16
ROTH
07/25/16
NO CHANGE
Target $254
ROTH
Buy
Ultimate Software price target raised to $254 from $237 at Roth Capital
Roth Capital analyst Richard Baldry raised his price target for Ultimate Software to $254 from $237 as he believes a breakout to sharp new highs for the company's shares appears likely given an outlook for record top and bottom line results in the second half of 2016. Roth Capital has a Buy rating on the shares.
07/28/16
STFL
07/28/16
NO CHANGE
Target $235
STFL
Buy
Ultimate Software selloff a buying opportunity, says Stifel
Stifel analyst Brad Reback recommends using the selloff in shares of Ultimate Software (ULTI) after Oracle (ORCL) acquired NetSuite (N) as a buying opportunity. In March of 2015, Ultimate Software and NetSuite formed a go-to-market partnership, the analyst points out. The concern is that over time, Oracle would minimize the partnership. Reback remains "quite bullish" on Ultimate's overall market opportunity and he thinks any moves by Oracle would incur in 2017 at the earliest. He has an Outperform rating on the shares with a $235 price target.
09/20/16
PACS
09/20/16
INITIATION
Target $245
PACS
Overweight
Ultimate Software initiated with an Overweight at Pacific Crest
Pacific Crest analyst Trevor Upton started Ultimate Software with an Overweight rating and $245 price target. The company deserves a premium valuation given its "highly predictable" revenue and margin expansion, Upton tells investors in a research note.

TODAY'S FREE FLY STORIES

RDS.A

Royal Dutch Shell

09:11
02/21/17
02/21
09:11
02/21/17
09:11
Downgrade
Royal Dutch Shell rating change  »

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03/08/13
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Total

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09:11
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WMT

Wal-Mart

09:10
02/21/17
02/21
09:10
02/21/17
09:10
Hot Stocks
Wal-Mart says 'engaged in discussions' around U.S. tax reform »

In its Q4 call…

03/08/13
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    Feb

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    Mar

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    Mar

HD

Home Depot

$143.00

1.46 (1.03%)

, WMT

Wal-Mart

$69.37

0.5 (0.73%)

09:10
02/21/17
02/21
09:10
02/21/17
09:10
Hot Stocks
On The Fly: Pre-market Movers »

UP AFTER EARNINGS: Home…

HD

Home Depot

$143.00

1.46 (1.03%)

WMT

Wal-Mart

$69.37

0.5 (0.73%)

M

Macy's

$32.30

0.48 (1.51%)

CYH

Community Health

$6.90

-0.22 (-3.09%)

MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

EYEG

EyeGate

$1.64

-0.0201 (-1.21%)

VRX

Valeant

$16.04

-0.18 (-1.11%)

TRVN

Trevena

$7.13

0.1 (1.42%)

DRYS

DryShips

$4.47

0.12 (2.76%)

KHC

Kraft Heinz

$96.65

9.37 (10.74%)

UL

Unilever; also tag UN

$48.53

5.96 (14.00%)

UN

Unilever; also tag UL

$48.79

6.47 (15.29%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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    Feb

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    Feb

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    Mar

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    Mar

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    Mar

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    Mar

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    May

JTPY

JetPay

$2.50

0.1 (4.17%)

09:10
02/21/17
02/21
09:10
02/21/17
09:10
Hot Stocks
JetPay buys 2.2M shares of its common stock from WLES »

JetPay announced that…

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HSBC

HSBC

$43.91

-0.2 (-0.45%)

09:09
02/21/17
02/21
09:09
02/21/17
09:09
Technical Analysis
HSBC falls sharply after earnings, uptrend broken »

In the pre-market the…

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MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

09:08
02/21/17
02/21
09:08
02/21/17
09:08
Hot Stocks
Mondelez reaffirms FY17 and FY18 adj. operating income margin of 16% »

The company provided an…

03/08/13
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03/06/13
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03/06/13
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  • 21

    Feb

OESX

Orion Energy

$1.81

-0.02 (-1.09%)

09:07
02/21/17
02/21
09:07
02/21/17
09:07
Hot Stocks
Orion Energy names Ellen Richstone to board, effective May 24 »

Orion Energy Systems…

03/08/13
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  • 08

    Mar

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    Apr

PAA

Plains All American

$31.05

-0.28 (-0.89%)

, PAGP

Plains GP Holdings

$31.93

-0.16 (-0.50%)

09:04
02/21/17
02/21
09:04
02/21/17
09:04
Hot Stocks
Plains All American, Plains GP appoint Harry Pefanis, Willie Chiang to board »

Plains All American…

PAA

Plains All American

$31.05

-0.28 (-0.89%)

PAGP

Plains GP Holdings

$31.93

-0.16 (-0.50%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 09

    May

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    May

  • 08

    Aug

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    Aug

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    Nov

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    Nov

GPRK

GeoPark

$4.90

-0.13 (-2.58%)

09:04
02/21/17
02/21
09:04
02/21/17
09:04
Upgrade
GeoPark rating change  »

GeoPark upgraded to…

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03/08/13
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03/06/13
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03/06/13
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  • 01

    Mar

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    Mar

OGXI

OncoGenex

$0.58

0.005 (0.87%)

09:04
02/21/17
02/21
09:04
02/21/17
09:04
Hot Stocks
OncoGenex announces Phase 2 Apatorsen data presented at ASCO symposium »

OncoGenex Pharmaceuticals…

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CL

Colgate-Palmolive

$71.98

2.98 (4.32%)

09:03
02/21/17
02/21
09:03
02/21/17
09:03
Upgrade
Colgate-Palmolive rating change  »

Colgate-Palmolive…

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  • 21

    Feb

MBLY

Mobileye

$45.65

0.68 (1.51%)

, BAMXY

BMW Group

09:02
02/21/17
02/21
09:02
02/21/17
09:02
Hot Stocks
Mobileye, BMW Group agree to generate new kind of sensor data »

BMW Group (BAMXY) and…

MBLY

Mobileye

$45.65

0.68 (1.51%)

BAMXY

BMW Group

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  • 22

    Feb

SYF

Synchrony

$36.68

-0.17 (-0.46%)

, C

Citi

$60.17

-0.21 (-0.35%)

09:01
02/21/17
02/21
09:01
02/21/17
09:01
Hot Stocks
Synchrony's CareCredit to acquire Citi Health Card portfolio »

CareCredit, a unit of…

SYF

Synchrony

$36.68

-0.17 (-0.46%)

C

Citi

$60.17

-0.21 (-0.35%)

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  • 27

    Feb

AMZN

Amazon.com

$845.07

0.93 (0.11%)

09:01
02/21/17
02/21
09:01
02/21/17
09:01
Hot Stocks
Amazon launches restaurant delivery in Las Vegas »

Amazon.com announced…

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  • 28

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ALOT

Astro-Med

$13.65

0.0296 (0.22%)

, BA

Boeing

$172.71

1.9 (1.11%)

09:00
02/21/17
02/21
09:00
02/21/17
09:00
Hot Stocks
Astro-Med's ToughWriter 640 printer selected by Boeing »

AstroNova (ALOT) has…

ALOT

Astro-Med

$13.65

0.0296 (0.22%)

BA

Boeing

$172.71

1.9 (1.11%)

03/08/13
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03/06/13
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  • 22

    Feb

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MDT

Medtronic

$78.88

0.89 (1.14%)

09:00
02/21/17
02/21
09:00
02/21/17
09:00
Hot Stocks
Medtronic sees FY18 revenue impacted by $100M-$300M from foreign currency »

Sees FY18 EPS impacted by…

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    Mar

PLKI

Popeyes

$66.12

-0.26 (-0.39%)

09:00
02/21/17
02/21
09:00
02/21/17
09:00
Hot Stocks
Breaking Hot Stocks news story on Popeyes 

Popeyes trading resumes

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Feb

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S

Sprint

$9.30

0.3 (3.33%)

, TMUS

T-Mobile

$63.92

3.31 (5.46%)

08:58
02/21/17
02/21
08:58
02/21/17
08:58
Recommendations
Sprint, T-Mobile analyst commentary  »

Nomura says a…

S

Sprint

$9.30

0.3 (3.33%)

TMUS

T-Mobile

$63.92

3.31 (5.46%)

03/08/13
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03/06/13
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  • 21

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    Mar

Z

Zillow

$35.39

0.2 (0.57%)

, ZG

Zillow

$35.01

0.22 (0.63%)

08:57
02/21/17
02/21
08:57
02/21/17
08:57
Hot Stocks
StreetEasy joins Zillow Group's Premier Agent »

StreetEasy, "New…

Z

Zillow

$35.39

0.2 (0.57%)

ZG

Zillow

$35.01

0.22 (0.63%)

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  • 27

    Feb

AZN

AstraZeneca

$29.16

0.4 (1.39%)

08:56
02/21/17
02/21
08:56
02/21/17
08:56
Recommendations
AstraZeneca analyst commentary  »

AstraZeneca…

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    Jun

UNP

Union Pacific

$109.82

0.43 (0.39%)

, BAC

Bank of America

$24.52

-0.06 (-0.24%)

08:56
02/21/17
02/21
08:56
02/21/17
08:56
Options
Notable open interest changes for February 21st »

Friday's total…

UNP

Union Pacific

$109.82

0.43 (0.39%)

BAC

Bank of America

$24.52

-0.06 (-0.24%)

MU

Micron

$23.35

0.37 (1.61%)

NXPI

NXP Semiconductors

$102.40

-0.09 (-0.09%)

03/08/13
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03/06/13
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03/06/13
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    May

08:55
02/21/17
02/21
08:55
02/21/17
08:55
General news
Fedspeak resumes with a trio of speakers »

Fedspeak resumes with a…

KHC

Kraft Heinz

$96.65

9.37 (10.74%)

, UN

Unilever; also tag UL

$48.79

6.47 (15.29%)

08:52
02/21/17
02/21
08:52
02/21/17
08:52
Technical Analysis
Unilever tumbles after Kraft Heinz withdraws offer »

The shares were last down…

KHC

Kraft Heinz

$96.65

9.37 (10.74%)

UN

Unilever; also tag UL

$48.79

6.47 (15.29%)

UL

Unilever; also tag UN

$48.53

5.96 (14.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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    Feb

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    Mar

HLX

Helix Energy

$7.41

-0.32 (-4.14%)

08:52
02/21/17
02/21
08:52
02/21/17
08:52
Upgrade
Helix Energy rating change  »

Helix Energy upgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 21

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