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SHLX

Shell Midstream

$29.34

-0.44 (-1.48%)

, RDS.A

Royal Dutch Shell

$50.75

0.2 (0.40%)

09:03
10/17/16
10/17
09:03
10/17/16
09:03

Shell Pipeline commences open season for common carrier ethane supply pipeline

Shell Pipeline announced that it will launch a binding open season for transportation commitments on a new 94-mile common carrier ethane supply pipeline which will be constructed in Southwestern Pennsylvania and extending into West Virginia and Ohio. The location of the pipeline will be in a key area as more than 70 percent of the North American polyethylene market sits within a 700-mile radius of Pittsburgh.

SHLX

Shell Midstream

$29.34

-0.44 (-1.48%)

RDS.A

Royal Dutch Shell

$50.75

0.2 (0.40%)

RDS.B

Royal Dutch Shell

$54.07

0.05 (0.09%)

SHLX Shell Midstream
$29.34

-0.44 (-1.48%)

06/20/16
MSCO
06/20/16
INITIATION
Target $39
MSCO
Equal Weight
Shell Midstream initiated with an Equal Weight at Morgan Stanley
Target $39.
06/20/16
06/20/16
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. Sysco (SYY) initiated with a Neutral at BofA/Merrill. 2. Cotiviti Holdings (COTV) initiated with a Buy at Goldman, an Overweight at JPMorgan, an Outperform at RBC Capital, an Outperform at Baird, an Overweight at Barclays, an Outperform at RBC Capital, a Neutral at Citi, an Outperform at Credit Suisse, a Buy at SunTrust, and an Outperform at William Blair. 3. US Foods (USFD) initiated with an Overweight at JPMorgan, a Market Perform at BMO Capital, a Neutral at Goldman, a Buy at Deutsche Bank, a Buy at Citi, an Outperform at Wells Fargo, a Buy at BofA/Merrill, an Outperform at Credit Suisse, and an Equal Weight at Morgan Stanley. 4. Shell Midstream (SHLX) initiated with an Equal Weight at Morgan Stanley. 5. Chesapeake (CHK) resumed with an Underperform at Jefferies. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/18/16
STFL
08/18/16
INITIATION
STFL
Buy
Shell Midstream initiated with a Buy at Stifel
Target $35.
09/29/16
MZHO
09/29/16
INITIATION
Target $37
MZHO
Buy
Shell Midstream initiated with a Buy at Mizuho
Mizuho initiated Shell Midstream with a Buy and a $37 price target.
RDS.A Royal Dutch Shell
$50.75

0.2 (0.40%)

10/14/16
ADAM
10/14/16
DOWNGRADE
ADAM
Sell
Royal Dutch Shell downgraded to Sell from Hold At Canaccord
Canaccord downgraded Royal Dutch Shell to Sell from Hold based on the gap between the average free cash flow generation of Shell over the past two decades and the medium-term target. Canaccord said the company would require at least a five-fold improvement from the 20-year average and a ten-fold improvement from the 10 year average to make its medium-term goals.
09/08/16
BERN
09/08/16
DOWNGRADE
BERN
Underperform
Repsol downgraded to Underperform from Market Perform at Bernstein
Bernstein analyst Oswald Clint downgraded Repsol (REPYY) based on his new analysis which shows that its upstream ROIC ranks sixth among the European integrated oil names he covers. The analyst says that Shell (RDS.A), BP (BP), and Eni (E) rank first, second, and third, respectively. He set an EUR11.30 price target on Repsol, down from EUR13 previously.
09/08/16
BERN
09/08/16
DOWNGRADE
BERN
Market Perform
Total downgraded to Market Perform from Outperform at Bernstein
Bernstein analyst Oswald Clint, downgraded Total (TOT) based on his new analysis which shows that its upstream ROIC ranks fifth among the European integrated oil names he covers. The analyst says that Shell (RDS.A), BP (BP), and Eni (E) rank first, second, and third, respectively.He set a $56.61 price target on Total.
10/14/16
10/14/16
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. Royal Dutch Shell (RDS.A, RDS.B) downgraded to Sell from Hold at Canaccord with the firm citing the gap between the average free cash flow generation of Shell over the past two decades and the medium-term target. 2. bluebird bio (BLUE) downgraded to Sell from Hold at Cantor with analyst Elemer Piros saying he sees a lack of catalysts as he does not expect data to be announced at this year's American Society of Hematology conference to de-risk the hemoglobinopathy programs. 3. Fluor (FLR) downgraded to Neutral from Accumulate at Seaport Global with analyst Ryan Cassil citing persistently weaker global macroeconomic trends and expectations for a continuation of weaker project activity in 2017. 4. Boston Beer (SAM) downgraded to Hold from Buy at Berenberg. 5. Estee Lauder (EL) downgraded to Neutral from Overweight at Piper Jaffray after the firm's semi-annual proprietary "Taking Stock With Teens" survey. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
RDS.B Royal Dutch Shell
$54.07

0.05 (0.09%)

03/11/16
03/11/16
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. Finisar (FNSR) upgraded to Buy at Craig-Hallum and B. Riley, following the company's Q3 results. Craig-Hallum analyst Richard Shannon was encouraged by guidance in a seasonally difficult part of Finisar's year and believes the company has reached the inflection point he has been waiting for. 2. Diamond Offshore (DO) upgraded to Neutral at Goldman and Piper Jaffray, with analysts citing an improved relative valuation, the company's balance sheet, and liquidity. 3. Cenovus Energy (CVE) upgraded to Conviction Buy at Goldman by analyst Neil Mehta, who cited the company's strong 2017 free cash flows, improving commodity prices, high quality assets, and relative underperformance. 4. Weatherford (WFT) upgraded to Buy at Goldman with analyst Waqar Syed saying Weatherford will be a beneficiary of an expected recovery in US land drilling activity in 2017. He added that investors will benefit from cost cutting and restructuring measures taken over the past two years. 5. Royal Dutch Shell (RDS.A) upgraded to Conviction Buy at Goldman due to expectations for a growing dividend yield driven by cost cutting, capital discipline, the realization of synergies, and rising oil prices. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/16
RBCM
08/01/16
DOWNGRADE
RBCM
Sector Perform
Royal Dutch Shell downgraded on valuation, debt at RBC Capital
As noted earlier, RBC Capital downgraded Royal Dutch Shell to Sector Perform from Outperform. As reasons for the downgrade, analyst Biraj Borkhataria cited valuation and the company's debt burden.

TODAY'S FREE FLY STORIES

TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:32
04/25/17
04/25
16:32
04/25/17
16:32
Hot Stocks
Breaking Hot Stocks news story on Texas Instruments »

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TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:32
04/25/17
04/25
16:32
04/25/17
16:32
Earnings
Texas Instruments sees Q2 EPS 89c-$1.01, consensus 91c »

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JNS

Janus Capital

$13.45

0.02 (0.15%)

16:32
04/25/17
04/25
16:32
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16:32
Hot Stocks
Janus Capital shareholders approve merger with Henderson Group »

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TRMK

Trustmark

$32.97

0.14 (0.43%)

16:31
04/25/17
04/25
16:31
04/25/17
16:31
Earnings
Trustmark reports Q1 EPS 46c, consensus 41c »

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X

U.S. Steel

$31.11

-0.09 (-0.29%)

16:31
04/25/17
04/25
16:31
04/25/17
16:31
Hot Stocks
U.S. Steel drops over 15% in after-hours following earnings report »

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    Apr

16:31
04/25/17
04/25
16:31
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16:31
Options
Preliminary option volume of 19.4M today »

Preliminary option volume…

TXN

Texas Instruments

$82.37

1.29 (1.59%)

16:30
04/25/17
04/25
16:30
04/25/17
16:30
Earnings
Texas Instruments reports Q1 EPS 97c, consensus 83c »

Reports Q1 revenue $3.4B,…

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:29
04/25/17
04/25
16:29
04/25/17
16:29
Earnings
Chesapeake Lodging sees Q2 AFFO 60c-64c »

Sees Q2 EPS 27c-30c,…

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TGI

Triumph Group

$26.20

-0.05 (-0.19%)

16:29
04/25/17
04/25
16:29
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16:29
Hot Stocks
Triumph Group, VAS Aero collaborate on PW4168 Nacelles »

Triumph Group said it…

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JNPR

Juniper

$27.78

-0.49 (-1.73%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Earnings
Juniper reports preliminary Q1 EPS 46c, consensus 42c »

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Earnings
Chesapeake Lodging backs FY17 adjusted FFO $2.10-$2.20 »

Backs FY17 EPS 73c-83c,…

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ARCW

ARC Group

$3.85

0.05 (1.32%)

16:28
04/25/17
04/25
16:28
04/25/17
16:28
Hot Stocks
Breaking Hot Stocks news story on ARC Group »

Northern Right Capital…

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CHSP

Chesapeake Lodging

$24.70

0.29 (1.19%)

16:27
04/25/17
04/25
16:27
04/25/17
16:27
Earnings
Chesapeake Lodging reports Q1 adjusted FFO 41c »

Reports Q1 EPS 9c,…

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BXMT

Blackstone Mortgage

$30.91

0.28 (0.91%)

16:26
04/25/17
04/25
16:26
04/25/17
16:26
Earnings
Blackstone Mortgage reports Q1 core EPS 61c, consensus 63c »

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CCUR

Concurrent

$4.94

0.0626 (1.28%)

16:26
04/25/17
04/25
16:26
04/25/17
16:26
Hot Stocks
Concurrent announces availability of Origin Release 3 »

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UHS

Universal Health

$121.42

0.52 (0.43%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Earnings
Universal Health reports Q1 adjusted EPS $2.10, consensus $2.07 »

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PCG

PG&E

$67.66

-0.13 (-0.19%)

, EIX

Edison International

$80.82

-0.12 (-0.15%)

16:25
04/25/17
04/25
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16:25
Hot Stocks
PG&E, CA energy companies propose reforms to CPUC »

PG&E (PCG) joined…

PCG

PG&E

$67.66

-0.13 (-0.19%)

EIX

Edison International

$80.82

-0.12 (-0.15%)

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DECK

Deckers Brands

$58.74

0.4 (0.69%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Technical Analysis
Deckers Brands spikes after saying it will review strategic alternatives »

The stock was last at $62…

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AVXS

AveXis

$78.74

-0.44 (-0.56%)

16:25
04/25/17
04/25
16:25
04/25/17
16:25
Conference/Events
AveXis to hold a conference call »

Management discusses the…

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TRN

Trinity Industries

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Trinity Industries sees 2017 EPS $1.00-$1.25 vs. prior outlook $1.00-$1.35 

Consensus $1.23.

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CHFC

Chemical Financial

$50.36

-0.35 (-0.69%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Chemical Financial reports Q1 EPS 71c, consensus 70c »

Net interest income was…

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WK

Workiva

$16.80

-0.05 (-0.30%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Hot Stocks
Workiva partners with Fastpath »

Workiva and Fastpath,…

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  • 04

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UVE

Universal Insurance

$23.35

0.45 (1.97%)

16:24
04/25/17
04/25
16:24
04/25/17
16:24
Earnings
Universal Insurance reports Q1 EPS 86c, consensus 80c »

Book value per common was…

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  • 26

    Apr

CCI

Crown Castle

$94.27

-0.44 (-0.46%)

16:23
04/25/17
04/25
16:23
04/25/17
16:23
Syndicate
Crown Castle 4.75M share Spot Secondary; price range $93.57-$94.27 »

Barclays, RBC Capital,…

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TRN

Trinity Industries

16:23
04/25/17
04/25
16:23
04/25/17
16:23
Earnings
Trinity Industries reports Q1 EPS 30c, consensus 30c »

Reports Q1 revenue…

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