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ACN

Accenture

$116.55

-0.91 (-0.77%)

, SAP

SAP

$88.85

-1.24 (-1.38%)

13:50
10/11/16
10/11
13:50
10/11/16
13:50

Accenture, SAP collaborate on asset management solution for utilities industry

Accenture (ACN) announced a collaboration with SAP (SAP) to develop "predictive analytics solutions for asset management in the utilities industry to enable condition-based maintenance." The companies added that SAP's Predictive Maintenance and Service solution "is planned to be extended to better manage risks by improving equipment uptime in transmission and distribution, as well as maintenance and equipment-replacement planning." The news comes after both companies announced in January a comprehensive collaboration on core development and go-to-market for SAP S/4HANA. CenterPoint Energy (CNP) is collaborating with both companies to implement next-generation asset analytics solutions to complement its ongoing work in the area, the companies noted.

ACN

Accenture

$116.55

-0.91 (-0.77%)

SAP

SAP

$88.85

-1.24 (-1.38%)

CNP

CenterPoint Energy

$21.91

-0.27 (-1.22%)

  • 11

    Oct

  • 23

    Oct

  • 04

    Nov

  • 14

    Nov

ACN Accenture
$116.55

-0.91 (-0.77%)

09/08/16
WEDB
09/08/16
INITIATION
Target $125
WEDB
Outperform
Accenture initiated with an Outperform at Wedbush
Wedbush analyst Moshe Katri initiated Accenture with an Outperform and named it a Top Pick in IT Services with a $125 price target. The analyst expects Accenture to continue to benefit from recent SMAC investment as well as from its aggressive global delivery model which will likely provide incremental growth and scale. Katri recommends owning the stock post Q4 earnings on September 29, which he expects cautious guidance commentary but notes management has a long, consistent track record of returning cash to shareholders.
07/12/16
PACS
07/12/16
INITIATION
PACS
Overweight
Accenture initiated at Pacific Crest
As noted earlier, Pacific Crest initiated coverage of Accenture with an Overweight rating. The firm expects the company's revenue to continue to grow going forward, driven partly by the quality of its global delivery model and increased demand in the wake of technological upgrades. Target $129.
07/12/16
PACS
07/12/16
INITIATION
Target $129
PACS
Overweight
Accenture initiated with an Overweight at Pacific Crest
Pacific Crest analyst Arvind Ramnani started Accenture with an Overweight rating and $129 price target.
09/26/16
SOCG
09/26/16
UPGRADE
SOCG
Buy
Accenture upgraded to Buy from Hold at Societe Generale
SAP SAP
$88.85

-1.24 (-1.38%)

06/13/16
JEFF
06/13/16
DOWNGRADE
JEFF
Underperform
SAP downgraded to Underperform on growth pressures at Jefferies
Jefferies analyst Milan Radia downgraded SAP to Underperform saying the company's "journey from licence centricity to subscription will remain prone to shorter-term growth rate inconsistencies." The analyst sees softer mid-term maintenance revenue growth and he lowered his price target for SAP shares to EUR 63.50 from EUR 73.
06/13/16
06/13/16
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. SAP (SAP) downgraded to Underperform from Hold at Jefferies with analyst Milan Radia saying the company's "journey from licence centricity to subscription will remain prone to shorter-term growth rate inconsistencies." 2. Vodafone (VOD) downgraded to Neutral from Outperform at Macquarie with the firm saying the company faces structural challenges and either needs to pursue Mergers & Acquisitions or continually spend more on networks given competition from incumbents and challengers. 3. Waste Connections (WCN) downgraded to Hold from Buy at TD Securities with analyst Damir Gunja citing valuation and maintained a $78 price target on the stock. 4. Atwood Oceanics (ATW) downgraded to Hold from Buy at Johnson Rice with the firm saying recent liquidity catalysts are now largely reflective in shares, while out year contract coverage concerns remain and multiples currently stand at a solid premium to peer averages on our out-year forecast. 5. Baidu (BIDU) downgraded to Neutral from Buy at Citi with analyst Alicia Yap citing concerns about near-term revenue. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/24/16
COWN
06/24/16
INITIATION
Target $93
COWN
Outperform
SAP initiated with an Outperform at Cowen
Cowen analyst J Wood initiated SAP with an Outperform and price target of $93.
07/28/16
RAJA
07/28/16
NO CHANGE
Target $45
RAJA
Outperform
Acquisition of NetSuite helps Oracle boost cloud scale, says Raymond James
Raymond James analyst Michael Turits views Oracle's (ORCL) acquisition of NetSuite (N) as positive, saying it helps the former increase its cloud scale and scope at a reasonable valuation. The analyst believes that with this deal Oracle solidifies its lead in SaaS ERP relative to SAP (SAP), Workday (WDAY), and Microsoft (MSFT). Additionally, Turits points out that while he would have been positive on a more aggressive acquisition of salesforce.com (CRM) by Oracle, he believes this deal makes that "even less likely." He reiterates a $45 price target on Oracle's shares.
CNP CenterPoint Energy
$21.91

-0.27 (-1.22%)

06/22/16
WELS
06/22/16
DOWNGRADE
WELS
Market Perform
CenterPoint Energy downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analysts led by Sarah Akers downgraded CenterPoint Energy to Market Perform citing valuation as shares are up 31% year-to-date.
07/05/16
TUDR
07/05/16
DOWNGRADE
TUDR
Hold
CenterPoint Energy downgraded to Hold from Buy at Tudor Pickering
09/12/16
EVER
09/12/16
INITIATION
Target $24.5
EVER
Hold
CenterPoint Energy initiated with a Hold at Evercore ISI
Evercore ISI analyst Greg Gordon initiated CenterPoint Energy with a Hold and $24.50 price target.
08/08/16
RBCM
08/08/16
NO CHANGE
RBCM
CenterPoint Energy weakness overdone, says RBC Capital
RBC Capital analyst Insoo Kim says that Centerpoint's (CNP) stock may have fallen Friday due to the company's weaker than expected results and its decision not to pursue a REIT structure. The analyst remains upbeat on the company's outlook in the absence of a REIT conversion. Kim continues to believe that Centerpoint's potential sale or spin of its Enable Midstream (ENBL) stake is a positive catalyst for it. Kim keeps a $26 price target and Outperform rating on the shares.

TODAY'S FREE FLY STORIES

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General news
FX Update: The dollar retained a generally softer bias »

FX Update: The dollar…

VNCE

Vince Holding

$4.55

0.35 (8.33%)

20:25
12/07/16
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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NWBO

Northwest Biotherapeutics

$0.55

0.0227 (4.33%)

20:17
12/07/16
12/07
20:17
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20:17
Hot Stocks
Northwest Biotherapeutics to delist from Nasdaq, confirms clinical trial plans »

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AAPL

Apple

$111.03

1.08 (0.98%)

, MSFT

Microsoft

$61.37

1.42 (2.37%)

20:07
12/07/16
12/07
20:07
12/07/16
20:07
Periodicals
NHL in negotiations to bring Apple devices to team benches, TSN says »

The NHL has told teams it…

AAPL

Apple

$111.03

1.08 (0.98%)

MSFT

Microsoft

$61.37

1.42 (2.37%)

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ATKR

Atkore

$19.71

-0.11 (-0.55%)

19:59
12/07/16
12/07
19:59
12/07/16
19:59
Syndicate
Atkore 8M share Secondary priced at $19.00 »

Credit Suisse, Deutsche…

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  • 08

    Dec

BPMC

Blueprint Medicines

$26.20

-2.23 (-7.84%)

19:58
12/07/16
12/07
19:58
12/07/16
19:58
Syndicate
Blueprint Medicines 5M share Secondary priced at $25.00 »

The deal size was…

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  • 08

    Dec

LULU

lululemon

$59.84

2.6 (4.54%)

19:50
12/07/16
12/07
19:50
12/07/16
19:50
Hot Stocks
lululemon CFO says early Q4 trends strengthened into December »

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  • 07

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LULU

lululemon

$59.84

2.6 (4.54%)

19:50
12/07/16
12/07
19:50
12/07/16
19:50
Hot Stocks
lululemon CEO highlights Q3 gross margin, reports 11% comp growth in pants »

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  • 07

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CVX

Chevron

$114.44

1.68 (1.49%)

19:20
12/07/16
12/07
19:20
12/07/16
19:20
Hot Stocks
Chevron announces $19.8B capital, exploratory budget for 2017 »

Chevron announced a…

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  • 13

    Dec

X

U.S. Steel

$37.49

1.54 (4.28%)

18:49
12/07/16
12/07
18:49
12/07/16
18:49
Periodicals
U.S. Steel CEO: Company may bring back 10,000 U.S. jobs, CNBC says »

U.S. Steel could bring…

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VNDA

Vanda

$15.40

-0.6 (-3.75%)

18:47
12/07/16
12/07
18:47
12/07/16
18:47
Hot Stocks
Vanda settles Fanapt patent litigation with Apotex »

Vanda Pharmaceuticals…

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AE

Adams Resources

$42.31

-0.68 (-1.58%)

, SWN

Southwestern Energy

$12.37

-0.08 (-0.64%)

18:46
12/07/16
12/07
18:46
12/07/16
18:46
Hot Stocks
Adams Resources appoints Josh Anders as CFO »

Adams Resources &…

AE

Adams Resources

$42.31

-0.68 (-1.58%)

SWN

Southwestern Energy

$12.37

-0.08 (-0.64%)

03/08/13
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EZPW

EZCORP

$11.80

0.05 (0.43%)

18:42
12/07/16
12/07
18:42
12/07/16
18:42
Earnings
EZCORP reports Q4 EPS with items (31c), may not compare to consensus 6c »

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  • 08

    Dec

RICE

Rice Energy

$24.59

-0.16 (-0.65%)

18:33
12/07/16
12/07
18:33
12/07/16
18:33
Initiation
Rice Energy initiated  »

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AMZN

Amazon.com

$770.42

5.7 (0.75%)

18:30
12/07/16
12/07
18:30
12/07/16
18:30
Periodicals
Amazon spokesperson denies 2,000 grocery stores report, CNET says »

Following a report by the…

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ICON

Iconix Brand

$9.26

0.14 (1.54%)

18:23
12/07/16
12/07
18:23
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18:23
Hot Stocks
Iconix Brand reports employment termination of Chief Strategy Officer Blumberg »

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PBYI

Puma Biotechnology

$39.80

-2 (-4.78%)

18:23
12/07/16
12/07
18:23
12/07/16
18:23
Hot Stocks
Puma Biotechnology 'pleased' to complete biomarker analysis of neratinib »

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FTK

Flotek

$11.10

-2.01 (-15.33%)

18:17
12/07/16
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18:17
Hot Stocks
Flotek: Reviewing FourWorld Capital short report, remain confident in product »

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  • 07

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PBYI

Puma Biotechnology

$39.80

-2 (-4.78%)

18:09
12/07/16
12/07
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12/07/16
18:09
Hot Stocks
Puma Biotechnology 'pleased' with preliminary neratinib activity »

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PNM

PNM Resources

$32.05

0.45 (1.42%)

18:09
12/07/16
12/07
18:09
12/07/16
18:09
Hot Stocks
PNM Resources requests an electric rate increase of $99M in New Mexico »

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  • 14

    Dec

BK

BNY Mellon

$48.55

0.56 (1.17%)

18:03
12/07/16
12/07
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18:03
Periodicals
BNY Mellon outage led to certain Swift payment failures, WSJ reports »

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TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:52
12/07/16
12/07
17:52
12/07/16
17:52
Hot Stocks
Tailored Brands up 22% to $23.20 after Q3 results beat estimates »

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  • 08

    Dec

FLXS

Flexsteel Industries

$59.12

2.92 (5.20%)

, UNH

UnitedHealth

$159.40

2.08 (1.32%)

17:50
12/07/16
12/07
17:50
12/07/16
17:50
Hot Stocks
Flexsteel names Eric Rangen chair of the board »

Flexsteel Industries…

FLXS

Flexsteel Industries

$59.12

2.92 (5.20%)

UNH

UnitedHealth

$159.40

2.08 (1.32%)

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NKE

Nike

$52.10

1.53 (3.03%)

, UA

Under Armour

$27.03

1.62 (6.38%)

17:49
12/07/16
12/07
17:49
12/07/16
17:49
Periodicals
Nike losing market share to faster-growing rivals, Barron's reports »

Despite being down nearly…

NKE

Nike

$52.10

1.53 (3.03%)

UA

Under Armour

$27.03

1.62 (6.38%)

ADDYY

adidas

$76.96

1.225 (1.62%)

03/08/13
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  • 20

    Dec

T

AT&T

$40.45

1.1 (2.80%)

17:45
12/07/16
12/07
17:45
12/07/16
17:45
Conference/Events
AT&T management to meet with Jefferies »

Group dinner to be held…

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  • 07

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