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GM

General Motors

$31.80

-0.3547 (-1.10%)

14:30
10/11/16
10/11
14:30
10/11/16
14:30

Far downside puts in GM

Far downside puts in GM. 10K Nov 24s opened for 3c when the bid-ask was 2 to 3c. Open interest is 52 contracts and these puts are struck 24.4% below spot. Earnings 10/25.

  • 25

    Oct

GM General Motors
$31.80

-0.3547 (-1.10%)

09/19/16
09/19/16
UPGRADE
Target $37

Overweight
General Motors upgraded to Overweight at Morgan Stanley
As previously reported, Morgan Stanley upgraded General Motors to Overweight from Equal Weight and increased its price target to $37 from $29. Analyst Adam Jonas raised near-term earnings estimates 5% above consensus and believes even flat earnings in 2017 and 2018 would be received as a positive surprise by the market. Further, the analyst said investors are underestimating how long the auto cycle can last and that General Motor's earnings and free cash flow could have a materially longer duration than the market is currently discounting. He believes investors are overlooking the time and steps needed for fully autonomous transport and said management has a healthy and realistic acceptance that it can't and should not do everything alone and will likely explore new business structures with the potential of positive values.
09/19/16
09/19/16
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. General Motors (GM) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Adam Jonas saying he believes even flat earnings in 2017 and 2018 would be received as a positive surprise by the market. 2. Wells Fargo (WFC) upgraded to Outperform from Neutral at Baird analyst David George saying he believes the recent pullback is a buying opportunity. 3. Lockheed Martin (LMT) upgraded to Outperform from Market Perform at Wells Fargo with analyst Sam Pearlstein saying he believes the company's earnings can grow 20% per year through 2020. 4. U.S. Steel (X), AK Steel (AKS), and Olympic Steel (ZEUS) were upgraded to Sector Weight from Underweight at KeyBanc with analyst Ivan Marcuse saying the stocks at current levels better reflect the more competitive market conditions he expects in Q4 and 2017. 5. Mattel (MAT) upgraded to Buy from Neutral at Monness Crespi. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/20/16
NOMU
09/20/16
INITIATION
Target $33
NOMU
Neutral
General Motors initiated with a Neutral at Nomura
Nomura analyst Anindya Das initiated General Motors with a Neutral and a $33 price target. The analyst said General Motors has significant exposure to the Chinese auto market and is concerned about pricing pressures in the market. Further, the company has yet to break even in Europe on an annual basis and its near-term prospects are clouded by Brexit uncertainties.
10/06/16
GSCO
10/06/16
NO CHANGE
GSCO
Autos and Autos Parts sector downgraded to Cautious from Neutral at Goldman
Goldman analyst David Tamberrino downgraded the Autos and Auto Parts sector to Cautious from Neutral saying the US Auto cycle peaked in 2015 and is being held up by increasing OEM incentives. The analyst said OEM earnings will decline in 2017/2018 as negative pricing and lower production pressure North American results, but expects suppliers' earnings to hold up longer. The analyst sees upside to Delphi (DLPH) and Harman (HAR) given exposure to secular growth areas and upside to Goodyear Tire (GT) given secular HVA tire growth. Tamberrino downgraded Lear (LEA) to Sell citing elevated expectations and valuation, cut BorgWarner (BWA) to Neutral on valuation, downgraded Tesla (TSLA) to Neutral on execution risk and capital deployment, and upgraded AutoNation (AN) to Neutral given a more defensive business.

TODAY'S FREE FLY STORIES

LOW

Lowe's

$76.72

0.65 (0.85%)

10:00
06/26/17
06/26
10:00
06/26/17
10:00
Options
Bulls and bears in Lowes Monday morning »

Bulls and bears in Lowes…

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

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09:58
06/26/17
06/26
09:58
06/26/17
09:58
Conference/Events
JPMorgan life sciences analyst holds an analyst/industry conference call »

Life Science Tools &…

XLK

Technology Select Sector SPDR

$56.69

0.39 (0.69%)

, XLY

Consumer Discretionary Sector SPDR

$90.01

0.485 (0.54%)

09:58
06/26/17
06/26
09:58
06/26/17
09:58
Technical Analysis
Technical View: S&P 500 leading sectors in first half-hour of regular trading »

The Industrial Select…

XLK

Technology Select Sector SPDR

$56.69

0.39 (0.69%)

XLY

Consumer Discretionary Sector SPDR

$90.01

0.485 (0.54%)

XLF

Financial Select Sector

$23.98

0.0925 (0.39%)

XLI

Industrial Select Sector SPDR

$68.41

0.4 (0.59%)

XLB

S&P Select Materials SPDR

$54.05

0.2 (0.37%)

SPY

SPDR S&P 500 ETF Trust

$244.18

1.045 (0.43%)

SPX

S&P 500

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

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RVLT

Revolution Lighting

$6.56

0.4 (6.49%)

09:56
06/26/17
06/26
09:56
06/26/17
09:56
Conference/Events
Revolution Lighting management to meet with Roth Capital »

Meeting to be held in New…

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

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  • 29

    Jun

NEM

Newmont Mining

$33.73

-0.08 (-0.24%)

09:55
06/26/17
06/26
09:55
06/26/17
09:55
Options
Newmont Mining put volume heavy and directionally bearish »

Bearish flow noted in…

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

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  • 25

    Jul

MU

Micron

$31.73

-0.16 (-0.50%)

, AAP

Advance Auto Parts

$121.72

1.98 (1.65%)

09:55
06/26/17
06/26
09:55
06/26/17
09:55
Options
Early notable gainers among liquid option names on June 26th »

Notable gainers among…

MU

Micron

$31.73

-0.16 (-0.50%)

AAP

Advance Auto Parts

$121.72

1.98 (1.65%)

AIZ

Assurant

$102.87

1.62 (1.60%)

OKE

Oneok

$49.80

0.61 (1.24%)

KIM

Kimco Realty

$18.21

0.22 (1.22%)

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

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  • 26

    Jun

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    Jun

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    Aug

09:55
06/26/17
06/26
09:55
06/26/17
09:55
General news
FX Action: USD-CAD »

FX Action: USD-CAD faded…

ALNY

Alnylam

$85.21

1.25 (1.49%)

09:53
06/26/17
06/26
09:53
06/26/17
09:53
Recommendations
Alnylam analyst commentary  »

Alnylam data support…

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

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  • 26

    Jun

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    Jul

TPX

Tempur Sealy

$50.14

0.28 (0.56%)

09:52
06/26/17
06/26
09:52
06/26/17
09:52
Recommendations
Tempur Sealy analyst commentary  »

Tempur Sealy added to…

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

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ICON

Iconix Brand

$6.62

0.12 (1.85%)

09:50
06/26/17
06/26
09:50
06/26/17
09:50
Conference/Events
Iconix Brand management to meet with Roth Capital »

Meeting to be held in…

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

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  • 29

    Jun

SVA

Sinovac Biotech

$5.70

-0.02 (-0.35%)

09:50
06/26/17
06/26
09:50
06/26/17
09:50
Hot Stocks
Breaking Hot Stocks news story on Sinovac Biotech »

Sinovac Biotech trading…

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

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CECE

CECO Environmental

$9.34

0.09 (0.97%)

09:48
06/26/17
06/26
09:48
06/26/17
09:48
Conference/Events
CECO Environmental management to meet with Roth Capital »

Meeting to be held in…

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

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  • 29

    Jun

PRTS

U.S. Auto Parts

$3.23

0.01 (0.31%)

09:47
06/26/17
06/26
09:47
06/26/17
09:47
Conference/Events
U.S. Auto Parts management to meet with Roth Capital »

Meetings to be held in…

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

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  • 28

    Jun

SGEN

Seattle Genetics

$61.74

-1.51 (-2.39%)

09:46
06/26/17
06/26
09:46
06/26/17
09:46
Recommendations
Seattle Genetics analyst commentary  »

Piper says Seattle…

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

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  • 26

    Jun

MLM

Martin Marietta

09:44
06/26/17
06/26
09:44
06/26/17
09:44
Technical Analysis
Technical View: Martin Marietta up after Bluegrass Materials acquisition »

The stock was last up…

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

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  • 11

    Sep

F

Ford

09:42
06/26/17
06/26
09:42
06/26/17
09:42
Conference/Events
Ford to host sales conference call »

Conference call to…

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

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  • 03

    Jul

  • 26

    Jul

AAOI

Applied Optoelectronics

$65.87

2.29 (3.60%)

, MTSI

MACOM

$58.26

1.76 (3.12%)

09:40
06/26/17
06/26
09:40
06/26/17
09:40
Recommendations
Applied Optoelectronics, MACOM, Fabrinet, Amazon.com analyst commentary  »

Needham says Applied…

AAOI

Applied Optoelectronics

$65.87

2.29 (3.60%)

MTSI

MACOM

$58.26

1.76 (3.12%)

FN

Fabrinet

AMZN

Amazon.com

$1,003.74

2.44 (0.24%)

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

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  • 26

    Jun

  • 26

    Jun

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    Jun

  • 28

    Jun

  • 12

    Jul

  • 13

    Jul

  • 29

    Aug

AAPL

Apple

$146.28

0.65 (0.45%)

09:40
06/26/17
06/26
09:40
06/26/17
09:40
Technical Analysis
Technical View: Apple rises, levels to watch »

The stock was last up…

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

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  • 26

    Jun

LOW

Lowe's

, VRX

Valeant

09:40
06/26/17
06/26
09:40
06/26/17
09:40
Options
Unusually active option classes on open June 26th »

Unusual total active…

LOW

Lowe's

VRX

Valeant

CSCO

Cisco

$32.09

0.24 (0.75%)

BIDU

Baidu

$178.14

-1.19 (-0.66%)

P

Pandora

NKE

Nike

TWTR

Twitter

COST

Costco

$157.13

-2.66 (-1.66%)

GLD

SPDR Gold Trust

AAPL

Apple

$146.28

0.65 (0.45%)

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

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  • 26

    Jun

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    Jun

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    Aug

09:40
06/26/17
06/26
09:40
06/26/17
09:40
General news
Vehicle Inventories Pose Risk For Auto Retooling »

Vehicle Inventories Pose…

ARNC

Arconic

09:38
06/26/17
06/26
09:38
06/26/17
09:38
Technical Analysis
Technical View: Arconic trades sharply lower »

The stock was last down…

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

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TCAP

Triangle Capital

09:37
06/26/17
06/26
09:37
06/26/17
09:37
Upgrade
Triangle Capital rating change  »

Triangle Capital upgraded…

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

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FE

FirstEnergy

09:35
06/26/17
06/26
09:35
06/26/17
09:35
Upgrade
FirstEnergy rating change  »

FirstEnergy upgraded to…

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

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FN

Fabrinet

, AMZN

Amazon.com

$1,003.74

2.44 (0.24%)

09:35
06/26/17
06/26
09:35
06/26/17
09:35
Recommendations
Fabrinet, Amazon.com, Tesla analyst commentary  »

Fabrinet price target…

FN

Fabrinet

AMZN

Amazon.com

$1,003.74

2.44 (0.24%)

TSLA

Tesla

$383.45

0.84 (0.22%)

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

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  • 26

    Jun

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    Jun

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    Jun

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    Jun

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    Jul

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    Jul

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  • 02

    Oct

SGEN

Seattle Genetics

$61.74

-1.51 (-2.39%)

09:31
06/26/17
06/26
09:31
06/26/17
09:31
Recommendations
Seattle Genetics analyst commentary  »

Seattle Genetics data…

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

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  • 26

    Jun

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