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CE

Celanese

$66.60

0.74 (1.12%)

16:09
10/06/16
10/06
16:09
10/06/16
16:09

Celanese initiated with an Overweight at KeyBanc

  • 18

    Oct

CE Celanese
$66.60

0.74 (1.12%)

07/01/16
07/01/16
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. Netflix (NFLX) initiated with a Buy at Canaccord, with analyst Michael Graham noting the stock's 30% decline since last December. Graham sees a long runway for international subscriber growth and believes it will be a key metric through next year at least. 2. GameStop (GME) initiated with an Outperform at Macquarie, with analyst Ben Schachter saying he believes the shift to digital will be somewhat gradual, and GameStop's experienced management team will be able to generate significant cash from its existing business, even as the model evolves into a more diversified multi-channel/multi-category retailer. 3. Concert Pharmaceuticals (CNCE) initiated with a Buy at Stifel, with analyst Adam Walsh saying his bullish thesis centers on two key pipeline assets: AVP-786 in P3 trials for Alzheimer's agitation; and CTP-543, in P1 studies for alopecia areata. Both drugs have blockbuster potential in his view, targeting unmet medical needs with no approved treatments. 4. Aldeyra (ALDX) initiated with a Buy at Stifel, with analyst Adam Walsh saying its novel aldehyde trap platform has broad applicability in inflammatory diseases and holds promise for treating rare genetic disorders of aldehyde metabolism. 5. Celanese (CE) initiated with a Positive at Susquehanna, reflecting the stock's current risk/reward. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/07/16
SBSH
09/07/16
DOWNGRADE
Target $71
SBSH
Neutral
Celanese downgraded to Neutral from Buy at Citi
Citi analyst P.J. Juvekar downgraded Celanese to Neutral saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. The analyst cut his price target for the shares to $71 from $77 and notes his 2017 earnings estimates are now below consensus.
09/07/16
SBSH
09/07/16
DOWNGRADE
Target $73
SBSH
Neutral
Eastman Chemical downgraded to Neutral from Buy at Citi
Citi analyst P.J. Juvekar downgraded Eastman Chemical (EMN) to Neutral saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. The analyst cut his price target for the shares to $73 from $74 and notes his 2017 earnings estimates are now below consensus. Juvekar this morning also downgraded Celanese (CE) to Neutral citing a similar rationale.
09/07/16
09/07/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Discover (DFS) downgraded to Equal Weight from Overweight at Barclays with analyst Mark DeVries downgrading the stock after lowering his rating on the U.S. Consumer Finance sector to Neutral from Positive. 2. Eastman Chemical (EMN) and Celanese (CE) were downgraded to Neutral from Buy at Citi with analyst P.J. Juvekar saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. 3. Royal Caribbean (RCL) downgraded to Hold from Buy at Argus with analyst John Staszak citing the company's outlook for higher fuel costs and foreign exchange headwinds. 4. Accuride (ACW) downgraded to Hold from Buy at Gabelli. 5. Dollar General (DG) downgraded to Underperform from Peer Perform at Wolfe Research. 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

AOS

A.O. Smith

$54.42

1.45 (2.74%)

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FB

Facebook

$147.70

1.14 (0.78%)

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AAWW

Atlas Air

$59.80

0.4 (0.67%)

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  • 03

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UTHR

United Therapeutics

$120.50

0.51 (0.43%)

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CLDR

Cloudera

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  • 27

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CYTR

CytRx

$0.68

-0.121 (-15.02%)

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  • 02

    Jun

EEX

Emerald Expositions Events

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Emerald Expositions Events 15.5M share IPO priced at $17.00 »

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  • 28

    Apr

GOOG

Alphabet

$874.25

2.52 (0.29%)

, GOOGL

Alphabet Class A

$891.44

2.3 (0.26%)

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$874.25

2.52 (0.29%)

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$891.44

2.3 (0.26%)

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SRPT

Sarepta

$34.72

-0.14 (-0.40%)

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  • 27

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SRPT

Sarepta

$34.72

-0.14 (-0.40%)

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  • 27

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SRPT

Sarepta

$34.72

-0.14 (-0.40%)

19:20
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  • 27

    Apr

SRPT

Sarepta

$34.72

-0.14 (-0.40%)

19:18
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  • 27

    Apr

BSAC

Santander Chile

$23.59

-0.36 (-1.50%)

19:02
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Earnings
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  • 28

    Apr

BA

Boeing

$183.22

1.51 (0.83%)

, BDRBF

Bombardier

$1.63

-0.0278 (-1.67%)

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BA

Boeing

$183.22

1.51 (0.83%)

BDRBF

Bombardier

$1.63

-0.0278 (-1.67%)

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  • 31

    May

BA

Boeing

$183.22

1.51 (0.83%)

, BDRBF

Bombardier

$1.63

-0.0278 (-1.67%)

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Periodicals
Boeing requests U.S. take action on Bombardier C series prices in U.S., FT says »

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BA

Boeing

$183.22

1.51 (0.83%)

BDRBF

Bombardier

$1.63

-0.0278 (-1.67%)

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  • 31

    May

SWN

Southwestern Energy

$7.67

-0.16 (-2.04%)

18:48
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Earnings
Southwestern Energy reports Q1 adjusted EPS 18c, consensus 18c »

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  • 28

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CRMD

CorMedix

$1.04

-0.07 (-6.31%)

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  • 28

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FET

Forum Energy

$18.10

-1.05 (-5.48%)

18:39
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  • 28

    Apr

WDC

Western Digital

$85.71

1.1 (1.30%)

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  • 27

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FET

Forum Energy

$18.10

-1.05 (-5.48%)

18:38
04/27/17
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18:38
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Earnings
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  • 28

    Apr

SJR

Shaw Communications

$21.30

0.07 (0.33%)

18:36
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MTRX

Matrix Service

$16.88

-0.575 (-3.30%)

18:33
04/27/17
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GIMO

Gigamon

$36.00

-0.6 (-1.64%)

18:33
04/27/17
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18:33
Earnings
Gigamon sees Q2 adjusted EPS 2c-7c, consensus 19c »

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  • 27

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  • 12

    Jun

MTRX

Matrix Service

$16.88

-0.575 (-3.30%)

18:32
04/27/17
04/27
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18:32
Earnings
Matrix Service sees Q3 EPS (56c)-(49c), consensus 13c »

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WDC

Western Digital

$85.71

1.1 (1.30%)

, TOSBF

Toshiba, also use TOSYY

$1.97

-0.01 (-0.51%)

18:31
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Western Digital on Toshiba chip sale: Evaluating 'full range' of alternatives »

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WDC

Western Digital

$85.71

1.1 (1.30%)

TOSBF

Toshiba, also use TOSYY

$1.97

-0.01 (-0.51%)

TOSYY

Toshiba, also use TOSBF

$11.89

0.07 (0.59%)

03/08/13
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  • 27

    Apr

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