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ALK

Alaska Air

$69.03

-0.06 (-0.09%)

, VA

Virgin America

$53.08

-0.09 (-0.17%)

10:07
10/07/16
10/07
10:07
10/07/16
10:07

Alaska Air working to resolve concerns over Virgin America deal, CTFN says

Alaska Air Group (ALK) is said to be working on a package of remedies aimed at resolving antitrust regulators concerns over its pending acquisition of Virgin America (VA), according to CTFN, citing two senior antitrust attorneys, an airline industry consultant, and a former counsel at the Federal Aviation Administration. According to one of the sources, talks will likely go beyond the expiration of the timing agreement in place between the companies and the Department of Justice, but "shouldn't give cause for alarm," the publication noted.Reference Link

ALK

Alaska Air

$69.03

-0.06 (-0.09%)

VA

Virgin America

$53.08

-0.09 (-0.17%)

ALK Alaska Air
$69.03

-0.06 (-0.09%)

07/27/16
JPMS
07/27/16
UPGRADE
Target $78.5
JPMS
Overweight
Alaska Air upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jamie Baker upgraded Alaska Air Group (ALK) to Overweight saying the shares at current levels are "simply too cheap to ignore." The analyst highlights the company's "exemplary capital stewardship" and labor cost control in recent years. He raised his price target for the shares to $78.50 from $72.50. Baker this morning also downgraded Southwest Airlines (LUV) to Neutral.
07/27/16
07/27/16
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. Apple (AAPL) upgraded to Outperform from Market Perform at Raymond James with analyst Tavis McCourt saying he expects a "long, slow re-rating" of the shares as the iPhone maker shifts to a consumer staple. 2. Linear Technology (LLTC) upgraded to Neutral from Sell at Citi, to Sector Weight from Underweight at Pacific Crest, and to Market Perform from Underperform at Raymond James. 3. Analog Devices (ADI) upgraded to Outperform from Perform at Oppenheimer, to Overweight from Equal Weight at Morgan Stanley, to Buy from Hold at Evercore ISI, and to Neutral from Sell at Goldman. 4. Alaska Air (ALK) upgraded to Overweight from Neutral at JPMorgan with analyst Jamie Baker saying the shares at current levels are "simply too cheap to ignore." 5. Chesapeake (CHK) upgraded to Accumulate from Hold at Johnson Rice. 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
MSCO
08/11/16
NO CHANGE
Target $85
MSCO
Overweight
Alaska Air a top pick going into year-end at Morgan Stanley
Morgan Stanley analyst Rajee Lalwani said Alaska Air offers substantial upside into year end with favorable near-term pricing, more manageable supply into 2017, and material accretion from the Virgin acquisition into 2017. The analyst said Alaska is deserving of a much higher multiple and is a top pick into year end. Lalwani rates Alaska Air an Overweight with an $85 price target on shares.
09/23/16
IMPC
09/23/16
INITIATION
Target $47
IMPC
In-Line
Alaska Air initiated with an In-Line at Imperial Capital
Imperial Capital analyst Michael Derchin started Alaska Air Group with an In-Line rating and $47 price target. The stock "may tread water" during the merger integration process, Derchin tells investors in a research note.
VA Virgin America
$53.08

-0.09 (-0.17%)

04/15/16
LEHM
04/15/16
DOWNGRADE
Target $56
LEHM
Equal Weight
Virgin America downgraded to Equal Weight from Overweight at Barclays
Barclays analyst David Fintzen upgraded Virgin America (VA) to Equal Weight and raised his price target for the shares to $56 from $44. The company plans to merge with Alaska Air (ALK).
06/01/16
UBSW
06/01/16
NO CHANGE
Target $74
UBSW
Buy
Alaska Air shares oversold on synergy target concerns, says UBS
UBS believes Alaska Air (ALK) shares are oversold due to synergy target concerns regarding its acquisition of Virgin America (VA). The firm expects to see multiple expansion as PRASM trends begin to look more like the rest of the industry. UBS lowered its estimates and price target on the back of the recent fuel price move and the higher leverage and lower cash return to shareholders due to its Virgin America deal. UBS lowered its price target to $74 from $87 on Alaska Air shares while reiterating its Buy rating.
06/14/16
RAJA
06/14/16
DOWNGRADE
Target $88
RAJA
Outperform
Alaska Air downgraded to Outperform from Strong Buy at Raymond James
Raymond James analyst Savanthi Syth downgraded Alaska Air Group (ALK) to Outperform saying domestic fare weakness and a lack of clarity on the earnings impact from the acquisition of Virgin America (VA) will delay upside in the shares. The analyst lowered Alaska Air's price target to $88 from $105.
09/23/16
IMPC
09/23/16
INITIATION
Target $57
IMPC
In-Line
Virgin America initiated with an In-Line at Imperial Capital
Imperial Capital analyst Michael Derchin started Virgin America with an In-Line rating and $57 price target.

TODAY'S FREE FLY STORIES

GRUB

GrubHub

$35.02

0.24 (0.69%)

09:02
04/27/17
04/27
09:02
04/27/17
09:02
Earnings
GrubHub sees Q2 revenue $153M-$161M, consensus $157.95M »

Sees Q2 adjusted EBITDA…

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GRUB

GrubHub

$35.02

0.24 (0.69%)

09:01
04/27/17
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04/27/17
09:01
Earnings
GrubHub reports Q1 non-GAAP EPS 29c, consensus 24c »

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DISCA

Discovery

$29.39

0.1 (0.34%)

09:00
04/27/17
04/27
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Periodicals
Discovery Asia partners with VS Media, Tabilabo, Variety says »

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CNMD

CONMED

$48.13

0.93 (1.97%)

09:00
04/27/17
04/27
09:00
04/27/17
09:00
Recommendations
CONMED analyst commentary  »

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  • 03

    May

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    May

UA

Under Armour

$18.14

0.17 (0.95%)

, UAA

Under Armour

$19.71

0.18 (0.92%)

09:00
04/27/17
04/27
09:00
04/27/17
09:00
Hot Stocks
Under Armour CFO sees Q4 to be strongest comparison of 2017 'by far' »

Under Armour CFO David…

UA

Under Armour

$18.14

0.17 (0.95%)

UAA

Under Armour

$19.71

0.18 (0.92%)

03/08/13
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  • 27

    Apr

  • 31

    May

09:00
04/27/17
04/27
09:00
04/27/17
09:00
General news
U.S. Advance trade deficit in goods widened slightly to -$64.8 B »

U.S. Advance trade…

SNCR

Synchronoss

$24.62

-0.02 (-0.08%)

09:00
04/27/17
04/27
09:00
04/27/17
09:00
Hot Stocks
Breaking Hot Stocks news story on Synchronoss »

Synchronoss trading…

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  • 09

    May

BGSF

BG Staffing

$15.15

-0.27 (-1.75%)

08:58
04/27/17
04/27
08:58
04/27/17
08:58
Earnings
BG Staffing reports Q1 EPS 15c, consensus 12c »

Reports Q1 revenue…

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  • 27

    Apr

  • 02

    May

TMO

Thermo Fisher

$168.01

9.2 (5.79%)

08:58
04/27/17
04/27
08:58
04/27/17
08:58
Recommendations
Thermo Fisher analyst commentary  »

Thermo Fisher price…

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Citigroup
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  • 17

    May

  • 06

    Jun

SNBC

Sun Bancorp

$25.70

-0.05 (-0.19%)

08:57
04/27/17
04/27
08:57
04/27/17
08:57
Earnings
Sun Bancorp reports Q1 EPS 7c, consensus 8c »

Reports Q1 NII $14.78M,…

03/08/13
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03/06/13
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03/06/13
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  • 27

    Apr

  • 15

    May

UPS

UPS

$107.62

0.26 (0.24%)

08:57
04/27/17
04/27
08:57
04/27/17
08:57
Hot Stocks
UPS says sees margin improvement in 2017 »

Expects revenue to grow…

03/08/13
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Citigroup
03/06/13
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  • 27

    Apr

  • 04

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  • 16

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RTN

Raytheon

$155.27

-0.74 (-0.47%)

08:56
04/27/17
04/27
08:56
04/27/17
08:56
Hot Stocks
Raytheon raises FY17 EPS view to $7.25-$7.40 from $7.20-$7.35, consensus $7.40 »

Raises FY17 revenue…

03/08/13
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  • 27

    Apr

  • 31

    May

BA

Boeing

$181.71

-1.8 (-0.98%)

08:56
04/27/17
04/27
08:56
04/27/17
08:56
Recommendations
Boeing analyst commentary  »

Boeing price target…

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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  • 31

    May

EXAS

Exact Sciences

$23.80

-1.09 (-4.38%)

08:56
04/27/17
04/27
08:56
04/27/17
08:56
Recommendations
Exact Sciences analyst commentary  »

Exact Sciences Q1 report…

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  • 27

    Apr

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  • 06

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AA

Alcoa

$36.45

-0.04 (-0.11%)

08:56
04/27/17
04/27
08:56
04/27/17
08:56
Syndicate
Alcoa 12.959M share Spot Secondary priced at $36.15 »

Citi and Credit Suisse…

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  • 27

    Apr

X

U.S. Steel

$22.78

-8.33 (-26.78%)

, NSC

Norfolk Southern

$117.82

1.04 (0.89%)

08:56
04/27/17
04/27
08:56
04/27/17
08:56
Options
Notable open interest changes for April 27th »

Wednesday's total…

X

U.S. Steel

$22.78

-8.33 (-26.78%)

NSC

Norfolk Southern

$117.82

1.04 (0.89%)

BAC

Bank of America

$23.89

-0.09 (-0.38%)

TWTR

Twitter

$15.82

1.16 (7.91%)

03/08/13
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03/06/13
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  • 06

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CTB

Cooper Tire

$43.40

0.05 (0.12%)

08:55
04/27/17
04/27
08:55
04/27/17
08:55
Technical Analysis
Cooper Tire drops sharply after earnings miss »

The stock was last down…

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AAL

American Airlines

$46.40

-0.21 (-0.45%)

08:55
04/27/17
04/27
08:55
04/27/17
08:55
Hot Stocks
American Airlines sees positive revenue improvements in each quarter of 2017 »

American Airlines CEO…

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  • 27

    Apr

UTHR

United Therapeutics

$119.99

-1.75 (-1.44%)

08:55
04/27/17
04/27
08:55
04/27/17
08:55
Recommendations
United Therapeutics analyst commentary  »

United Therapeutics price…

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  • 06

    Jun

08:55
04/27/17
04/27
08:55
04/27/17
08:55
General news
The 14k initial claims pop to 257k »

The 14k initial claims…

08:55
04/27/17
04/27
08:55
04/27/17
08:55
Conference/Events
FDIC to hold a committee meeting »

The Committee on Economic…

DXCM

Dexcom

$75.68

0.74 (0.99%)

08:54
04/27/17
04/27
08:54
04/27/17
08:54
Initiation
Dexcom initiated  »

Dexcom assumed with an…

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  • 02

    May

BRKL

Brookline Bancorp

$15.95

0.35 (2.24%)

08:54
04/27/17
04/27
08:54
04/27/17
08:54
Syndicate
Brookline Bancorp 4.8M share Spot Secondary priced at $14.50 »

Piper Jaffray acted as…

03/08/13
Wedge Partners
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03/06/13
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  • 27

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BRKL

Brookline Bancorp

$15.95

0.35 (2.24%)

08:54
04/27/17
04/27
08:54
04/27/17
08:54
Syndicate
Brookline Bancorp 4.8M share Spot Secondary priced at $14.50 »

Piper Jaffray acted as…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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08:53
04/27/17
04/27
08:53
04/27/17
08:53
General news
Futures slightly higher as investors digest torrent of earnings »

Stock futures are…

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