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SPH

Suburban Propane

$31.94

0.24 (0.76%)

06:09
10/13/16
10/13
06:09
10/13/16
06:09

Suburban Propane upgraded to Buy from Hold at Stifel

SPH Suburban Propane
$31.94

0.24 (0.76%)

07/20/16
JANY
07/20/16
DOWNGRADE
JANY
Neutral
Suburban Propane downgraded to Neutral from Buy at Janney Capital
Janney Capital analyst Michael Gyure assumed coverage on Suburban Propane with a Neutral rating from a Buy rating and lowered its price target to $30 from $33. The analyst said the Street is potentially modeling in significant year-over-year volume and pricing recoveries in the propane business for fiscal 1H 2017 that may not be achievable if this year's winter season is not significantly colder than last years.
07/20/16
JANY
07/20/16
DOWNGRADE
Target $30
JANY
Neutral
Suburban Propane downgraded to Neutral from Buy at Janney Capital
Janney Capital analyst Michael Gyure assumed coverage of Suburban Propane with a Neutral rating and $30 fair value estimate, down from the firm's prior Buy rating and $33 fair value estimate. Gyure believes Suburban's unique infrastructure assets generate the most significant earnings and cash flow during the winter season and rates the units as a Neutral as we enter the seasonally lower fiscal second half. If there is not a significantly colder winter than last year, he believes Suburban will have to sell non-core assets or significantly reduce its cost structure.
06/10/16
06/10/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. Zoetis (ZTS) downgraded to Neutral from Buy at Citi by analyst Liav Abraham, who cited valuation, as she views the stock as fairly valued at current levels. The stock has significantly outperformed the specialty pharma group year-to-date, Abraham said, adding that she remains constructive on the company's fundamentals. The analyst increased her price target for shares to $50 from $46. 2. AbbVie (ABBV) downgraded to Market Perform from Outperform by BMO Capital, which cut its target on shares to $66 from $70. In the wake of events at ASCO, disclosures at AbbVie's R&D day, and statements from Eli Lilly (LLY) and Pfizer (PFE), the firm is more concerned about the longer term outlook for AbbVie's immunology franchise, especially Humira. 3. AmeriGas (APU) downgraded to Sell from Neutral at UBS by analyst Shneur Gershuni, who said the stock looks relatively expensive at current levels and that its yield is lower than competitors. The analyst, who kept a $39 price target on shares, also downgraded Ferrellgas Partners (FGP) to Sell and Suburban Propane (SPH) to Neutral. 4. J.M. Smucker (SJM) downgraded to Hold from Buy at Jefferies by analyst Akshay Jagdale, who raised his price target for shares to $143 from $140. The analyst views the stock's risk/reward as balanced at current levels amid rising commodity costs and the management transition. 5. Mattress Firm (MFRM) downgraded to Market Perform from Outperform at Raymond James by analyst Budd Bugatch following the Q1 report and conference call. The analyst said the Sleepy's integration, a move to a new corporate headquarters, and merchandising push to more proprietary products have increased near-term earnings risk. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/10/16
UBSW
06/10/16
DOWNGRADE
Target $35
UBSW
Neutral
Suburban Propane downgraded to Neutral from Buy at UBS
UBS analyst Shneur Gershuni downgraded Suburban Propane Partners to Neutral saying the stock looks fairly valued at current levels. The analyst keeps a $35 price target for the shares.

TODAY'S FREE FLY STORIES

ASIX

AdvanSix

$20.36

-0.36 (-1.74%)

17:02
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PRSC

Providence Service

$38.39

1.1 (2.95%)

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Providence Service CEO Herman Schwarz stepping down »

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  • 19

    Dec

MPO

Midstates Petroleum

$20.50

-0.45 (-2.15%)

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DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

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Breaking Hot Stocks news story on Duluth Holdings »

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  • 08

    Dec

CFR

Cullen/Frost

$88.38

1.92 (2.22%)

16:55
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Syndicate
Breaking Syndicate news story on Cullen/Frost »

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  • 30

    Jan

DTEA

DAVIDsTEA

$9.30

0.15 (1.64%)

16:49
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Hot Stocks
DAVIDsTEA appoints Christine Bullen interim president and CEO »

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  • 08

    Dec

ISIL

Intersil

$22.25

0.05 (0.23%)

16:49
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Intersil stockholders approve merger proposal with Renesas Electronics »

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  • 08

    Dec

DTEA

DAVIDsTEA

$9.30

0.15 (1.64%)

16:47
12/08/16
12/08
16:47
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16:47
Earnings
DAVIDsTEA sees FY16 EPS C35c-C40c »

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  • 08

    Dec

TEL

TE Connectivity

$70.60

0.14 (0.20%)

16:45
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Hot Stocks
TE Connectivity raises quarterly dividend to 40c per share from 37c »

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DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

16:41
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12/08
16:41
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16:41
Earnings
Duluth Holdings sees FY16 adjusted EBITDA $34M-$38M »

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  • 08

    Dec

16:39
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12/08
16:39
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16:39
General news
Fed Balance Sheet Level data reported »

Week of 12/7 Fed Balance…

16:39
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16:39
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General news
Money Supply M2 Weekly Change data reported »

Week of 11/28 Money…

ENZ

Enzo Biochem

$7.48

0.2 (2.75%)

, BDX

Becton Dickinson

$163.64

-0.35 (-0.21%)

16:38
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16:38
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16:38
Earnings
Enzo Biochem reports Q1 adjusted EPS (3c), one estimate (5c) »

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ENZ

Enzo Biochem

$7.48

0.2 (2.75%)

BDX

Becton Dickinson

$163.64

-0.35 (-0.21%)

RHHBY

Roche

$27.08

-0.36 (-1.31%)

03/08/13
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  • 09

    Dec

CNS

Cohen & Steers

$37.23

0.48 (1.31%)

16:37
12/08/16
12/08
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Hot Stocks
Cohen & Steers reports AUM of $56.5B as of November 30 »

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AWK

American Water

$73.05

0.39 (0.54%)

16:37
12/08/16
12/08
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16:37
Hot Stocks
NJ American Water to invest $3.6M in Somerset County »

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DEI

Douglas Emmett

$38.61

0.25 (0.65%)

16:34
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Hot Stocks
Douglas Emmett increases quarterly cash dividend to 23c per share »

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IRIX

IRIDEX

$15.51

0.61 (4.09%)

16:34
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Syndicate
IRIDEX announces offering of common stock, no amount given »

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BURL

Burlington Stores

$88.47

0.47 (0.53%)

, BLK

BlackRock

$390.33

12.81 (3.39%)

16:33
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Frank Cooper III resigns from Burlington Stores board of directors »

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BURL

Burlington Stores

$88.47

0.47 (0.53%)

BLK

BlackRock

$390.33

12.81 (3.39%)

TJX

TJX

$77.98

-0.21 (-0.27%)

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STBZ

State Bank Financial

$26.90

0.51 (1.93%)

16:33
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State Bank Financial reports FDIC approval for previously announced transaction »

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MED

Medifast

$40.65

0.86 (2.16%)

16:32
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Medifast raises quarterly dividend 28% to 32c per share »

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  • 09

    Jan

BEN

Franklin Resources

$42.02

1.4 (3.45%)

16:32
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Franklin Resources reports month-end AUM of $714.4B »

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APPY

Venaxis

$3.95

-0.28 (-6.62%)

16:32
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Hot Stocks
Venaxis changing name and NASDAQ ticker symbol »

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ECL

Ecolab

$119.61

0.8 (0.67%)

16:31
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Hot Stocks
Ecolab raises quarterly dividend 6% to 37c per share »

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  • 12

    Dec

16:30
12/08/16
12/08
16:30
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Options
Preliminary option volume of 19.3M today »

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BBRY

BlackBerry

$7.83

0.2 (2.62%)

16:27
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BlackBerry unveils mobile-security platform for the enterprise of things »

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  • 20

    Dec

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