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LPLA

LPL Financial

$30.89

0.15 (0.49%)

, GS

Goldman Sachs

$168.73

-2.31 (-1.35%)

15:37
10/11/16
10/11
15:37
10/11/16
15:37

LPL Financial working with bank to explore possible sale, Reuters says

LPL Financial (LPLA) is looking into strategic alternative, including a possible sale, Reuters reports, citing people familiar with the matter. The broker-dealer is working with Goldman Sachs (GS) on a sale process that has drawn interest from other companies and private equity firms, the report says. LPL Financial shares are up 8.19% to $33.42 after the news. Reference Link

LPLA

LPL Financial

$30.89

0.15 (0.49%)

GS

Goldman Sachs

$168.73

-2.31 (-1.35%)

  • 02

    Nov

  • 10

    Nov

LPLA LPL Financial
$30.89

0.15 (0.49%)

04/05/16
GSCO
04/05/16
DOWNGRADE
Target $21
GSCO
Sell
LPL Financial downgraded to Sell from Neutral at Goldman
Goldman analyst Conor Fitzgerald downgraded LPL Financial to Sell citing relative valuation, slower revenue growth, lack of buyback capacity, and execution risk on the Department of Labor's fiduciary rule. The analyst raised his price target on LPL Financial to $21 from $19 on shares.
04/05/16
04/05/16
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. Bruker (BRKR) downgraded to Underperform and Market Perform at BofA/Merrill and Leerink, respectively. Leerink analyst Dan Leonard cited the recent rally in the shares and his belief that margin expansion in 2017 and beyond could be more challenging than implied in the current stock price. BofA/Merrill cited valuation and lack of upside to FY!6 organic revenue growth targets. 2. Capital One (COF) downgraded to Underperform at Oppenheimer by analyst Ben Chittenden, who said the company's borrower base is facing headwinds. He notes that 25% of Capital One's loan book is made up of exposure to consumers with FICO scores under 660, energy, or taxi cab medallion companies. 3. Hormel Foods (HRL) downgraded to Underweight at BB&T due to the company's growth to slow in Q4 before dropping off significantly in 2017. BB&T predicts that Hormel's premium multiple will contract if its growth does slow, and it predicts that the stock will deliver a negative return. 4. LPL Financial (LPLA) downgraded to Sell at Goldman by analyst Conor Fitzgerald, who cited relative valuation, slower revenue growth, lack of buyback capacity, and execution risk on the Department of Labor's fiduciary rule. 5. People's United (PBCT) downgraded to Underweight at Morgan Stanley citing valuation, below peer profitability, and weaker loan and earnings growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/22/16
FBCO
08/22/16
DOWNGRADE
Target $28
FBCO
Neutral
LPL Financial downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Christian Bolu downgraded LPL Financial to Neutral citing more balanced risk/reward and maintained its $28 price target
09/26/16
MSCO
09/26/16
INITIATION
Target $27
MSCO
Underweight
LPL Financial initiated with an Underweight at Morgan Stanley
Morgan Stanley analyst Michael Cyprys initiated LPL Financial with an Underweight and a $27 price target. The analyst expects LPL to be pressured by the DOL Fiduciary Rule which could accelerate the shift towards lower cost asset fee-based products and away from transaction based economics.
GS Goldman Sachs
$168.73

-2.31 (-1.35%)

04/19/16
SBSH
04/19/16
NO CHANGE
Target $185
SBSH
Buy
Goldman Sachs offers the best risk/reward under coverage, says Citi
Citi analyst Keith Horowitz said Goldman Sachs offers the best risk/reward under coverage and sees significant leverage for better returns from improved market conditions and increased expense focus. The analyst rates Goldman Sachs a Buy with a $185 price target.
07/13/16
BREN
07/13/16
INITIATION
Target $140
BREN
Hold
Goldman Sachs initiated with a Hold at Berenberg
Target $140.
07/13/16
07/13/16
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. Citi (C) initiated with a Buy, JPMorgan (JPM) initiated with a Sell, Goldman Sachs (GS) and Morgan Stanley (MS) initiated with a Hold at Berenberg. 2. Ingersoll-Rand (IR) initiated with an Outperform at BMO Capital. 3. Incyte (INCY) initiated with an Outperform at RBC Capital. 4. Williams (WMB) reinstated with a Buy at Goldman. 5. E-Trade (ETFC) initiated with a Buy at Buckingham. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/10/16
OPCO
10/10/16
NO CHANGE
OPCO
Oppenheimer technical analyst upgrades Financials, downgrades Consumer Staples
Oppenheimer technical analyst Ari Wald upgraded the Financials sector to Market Weight and downgraded Consumer Staples to Underweight in next step in the firm's "cyclical rotation road map." Wald identified Ameriprise (AMP), Bank of America (BAC), Citi (C), Goldman Sachs (GS), Lincoln National (LNC) and SunTrust (STI) as six stocks breaking higher that he sees as likely to benefit from internal market rotation.

TODAY'S FREE FLY STORIES

AKS

AK Steel

$6.40

-0.72 (-10.11%)

05:44
04/26/17
04/26
05:44
04/26/17
05:44
Recommendations
AK Steel analyst commentary  »

AK Steel selloff a buying…

03/08/13
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  • 25

    May

CMG

Chipotle

$471.76

2.97 (0.63%)

05:43
04/26/17
04/26
05:43
04/26/17
05:43
Downgrade
Chipotle rating change  »

Chipotle downgraded to…

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SHOP

Shopify

$76.65

0.82 (1.08%)

05:43
04/26/17
04/26
05:43
04/26/17
05:43
Downgrade
Shopify rating change  »

Shopify downgraded to…

03/08/13
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03/06/13
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  • 02

    May

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    May

ALGT

Allegiant Travel

$163.85

-1.2 (-0.73%)

05:40
04/26/17
04/26
05:40
04/26/17
05:40
Downgrade
Allegiant Travel rating change  »

Allegiant Travel…

03/08/13
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DYN

Dynegy

$6.19

-0.11 (-1.75%)

05:37
04/26/17
04/26
05:37
04/26/17
05:37
Upgrade
Dynegy rating change  »

Dynegy upgraded to Hold…

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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  • 05

    May

RSPP

RSP Permian

$38.69

1.32 (3.53%)

05:33
04/26/17
04/26
05:33
04/26/17
05:33
Initiation
RSP Permian initiated  »

RSP Permian reinstated…

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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  • 03

    May

CPE

Callon Petroleum

$12.24

0.39 (3.29%)

05:32
04/26/17
04/26
05:32
04/26/17
05:32
Initiation
Callon Petroleum initiated  »

Callon Petroleum…

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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  • 03

    May

LOGI

Logitech

$31.79

0.99 (3.21%)

05:32
04/26/17
04/26
05:32
04/26/17
05:32
Earnings
Logitech backs FY18 outlook of high single-digit retail sales growth »

Logitech confirmed its…

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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  • 26

    Apr

FSNN

Fusion Telecommunications

$1.43

0.01 (0.70%)

05:31
04/26/17
04/26
05:31
04/26/17
05:31
Initiation
Fusion Telecommunications initiated  »

Fusion Telecommunications…

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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  • 30

    May

LOGI

Logitech

$31.79

0.99 (3.21%)

05:30
04/26/17
04/26
05:30
04/26/17
05:30
Earnings
Logitech reports Q4 EPS 15c, consensus 17c »

Reports Q4 revenue $496M,…

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

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  • 26

    Apr

SKYAY

Sky

$50.26

0.05 (0.10%)

05:29
04/26/17
04/26
05:29
04/26/17
05:29
Upgrade
Sky rating change  »

Sky upgraded to Buy from…

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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WFC

Wells Fargo

$54.56

0.91 (1.70%)

05:26
04/26/17
04/26
05:26
04/26/17
05:26
Hot Stocks
Wells Fargo issues statement in response to CA State Treasurer John Chiang »

"Notwithstanding the…

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

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  • 11

    May

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    May

  • 13

    Jul

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    Oct

  • 15

    Jan

KLRE

KLR Energy Acquisition

$10.55

0.1384 (1.33%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
KLR Energy Acquisition to host special shareholder meeting »

Special Shareholder…

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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  • 26

    Apr

IONS

Ionis Pharmaceuticals

$47.88

2.14 (4.68%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
Ionis Pharmaceuticals management to meet with Needham »

Meeting to be held in New…

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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  • 26

    Apr

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    Apr

  • 24

    May

ADMS

Adamas Pharmaceuticals

$16.36

0.51 (3.22%)

, AVXS

AveXis

$78.74

-0.44 (-0.56%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
American Academy of Neurology »

69th Annual Meeting of…

ADMS

Adamas Pharmaceuticals

$16.36

0.51 (3.22%)

AVXS

AveXis

$78.74

-0.44 (-0.56%)

CATB

Catabasis Pharmaceuticals

$1.48

-0.02 (-1.33%)

MNOV

MediciNova

$5.57

0.14 (2.58%)

IONS

Ionis Pharmaceuticals

$47.88

2.14 (4.68%)

FLKS

Flex Pharma

$3.07

0.01 (0.33%)

TGTX

TG Therapeutics

$12.00

1.6 (15.38%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 26

    Apr

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    Apr

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    May

  • 05

    Jun

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    Jun

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    Jun

  • 24

    Aug

ATEC

Alphatec

$1.98

0.02 (1.02%)

, CAE

CAE

$15.39

0.01 (0.07%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
American Association of Neurological Surgeons to hold annual meeting »

2017 AANS Annual…

ATEC

Alphatec

$1.98

0.02 (1.02%)

CAE

CAE

$15.39

0.01 (0.07%)

EDGE

Edge Therapeutics

$10.72

1.07 (11.09%)

MDT

Medtronic

$81.76

1.11 (1.38%)

NUVA

NuVasive

$76.94

0.59 (0.77%)

SYK

Stryker

$135.59

1.14 (0.85%)

VRTX

Vertex

$117.27

-0.39 (-0.33%)

SYNA

Synaptics

$52.54

0.84 (1.62%)

NVIV

InVivo Therapeutics

$4.00

0.05 (1.27%)

LMAT

LeMaitre

$25.63

0.17 (0.67%)

MZOR

Mazor Robotics

$34.74

0.98 (2.90%)

OFIX

Orthofix

$39.28

0.19 (0.49%)

SSNLF

Samsung

SIEGY

Siemens

$72.70

0.615 (0.85%)

SNE

Sony

$33.65

-0.17 (-0.50%)

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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  • 26

    Apr

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    Apr

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    Apr

  • 02

    May

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    May

  • 03

    May

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    May

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    May

  • 25

    May

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    May

  • 06

    Jun

ABUS

Arbutus Biopharma

$3.35

0.05 (1.52%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
Arbutus Biopharma management to meet with William Blair »

Meetings to be held in…

03/08/13
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03/08/13
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03/06/13
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  • 26

    Apr

SXL

Sunoco Logistics

$24.35

0.64 (2.70%)

, ETP

Energy Transfer Partners

$36.42

0.98 (2.77%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
Energy Transfer Partners to host special shareholder meeting »

Special Shareholder…

SXL

Sunoco Logistics

$24.35

0.64 (2.70%)

ETP

Energy Transfer Partners

$36.42

0.98 (2.77%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Apr

  • 23

    May

TIG

TiGenix

$16.36

0.08 (0.49%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
TiGenix management to meet with Canaccord »

Meetings to be held in…

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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  • 26

    Apr

  • 27

    Apr

MTSI

MACOM

$53.84

-0.17 (-0.31%)

, SBGI

Sinclair Broadcast

$39.30

-0.15 (-0.38%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
National Association of Broadcasters to hold a conference »

NAB Show 2017 is being…

MTSI

MACOM

$53.84

-0.17 (-0.31%)

SBGI

Sinclair Broadcast

$39.30

-0.15 (-0.38%)

NXST

Nexstar

$68.90

0.3 (0.44%)

TRCO

Tribune Media

$36.55

-0.08 (-0.22%)

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

    May

  • 09

    May

  • 22

    May

  • 23

    May

DWCH

Datawatch

$9.40

0.1 (1.08%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
Datawatch management to meet with Craig Hallum »

Meeting to be held in New…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Apr

04:55
04/26/17
04/26
04:55
04/26/17
04:55
General news
Breaking General news story  »

Week of 4/21 MBA Mortgage…

04:55
04/26/17
04/26
04:55
04/26/17
04:55
General news
Breaking General news story  »

Week of 4/21 EIA…

INFO

IHS Markit

$43.76

-0.05 (-0.11%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
IHS Markit to hold an investor day »

Investor Day to be held…

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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  • 26

    Apr

  • 03

    May

KURA

Kura Oncology

$11.20

0.75 (7.18%)

04:55
04/26/17
04/26
04:55
04/26/17
04:55
Conference/Events
Kura Oncology management to meet with JMP Securities »

Meeting to be held on the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 26

    Apr

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