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ANF

Abercrombie & Fitch

$15.67

-0.06 (-0.38%)

10:11
10/17/16
10/17
10:11
10/17/16
10:11

Rumor: Abercrombie & Fitch strength attributed to takeover speculation

  • 23

    Oct

ANF Abercrombie & Fitch
$15.67

-0.06 (-0.38%)

09/14/16
SBSH
09/14/16
UPGRADE
Target $44
SBSH
Buy
Macy's upgraded to Buy from Neutral at Citi
Citi analyst Paul Lejuez upgraded Macy's (M) to Buy saying an attractive free cash flow and dividend yield makes the risk/reward attractive at current levels. While the long term structural challenges to department stores are unlikely to go away, Macy's is "doing the right things for the business," Lejuez tells investors in a research note. He calls the retailer "one of the stronger horses in the race" and sees upcoming quarterly results as potential catalysts. Lejuez keeps a $44 price target for Macy's shares. The analyst points out that Macy's 4.4% dividend yielding 4.4% trails only Kohl's (KSS) and Abercrombie & Fitch (ANF) among the retailers he covers. Macy's closed yesterday down 59c to $34.68.
10/05/16
KEYB
10/05/16
DOWNGRADE
KEYB
Sector Weight
Abercrombie & Fitch downgraded to Sector Weight from Overweight at KeyBanc
10/05/16
KEYB
10/05/16
DOWNGRADE
KEYB
Sector Weight
Abercrombie & Fitch downgraded to Sector Weight at KeyBanc
As previously reported, KeyBanc analyst Jessica Schmidt downgraded Abercrombie & Fitch to Sector Weight from Overweight after the firm's proprietary promotional database and channel checks suggest that promotions at its Abercrombie and Hollister brands are higher than at this time last year. The elevated promotions add to other headwinds, including the fact that the teen space is "overstored" and faces soft consumer demand and weak tourism, said Schmidt.
10/06/16
10/06/16
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. Tesla (TSLA) downgraded to Neutral from Buy at Goldman with analyst David Tamberrino saying he sees incremental risk to Tesla's business related to management's willingness to deploy capital for M&A, and he believes that any delay in the company's new Model 3 launch will be detrimental to shares. 2. JPMorgan (JPM) downgraded to Hold from Buy at Sandler O'Neill with analyst Jeffery Harte citing relative share outperformance. 3. Abercrombie & Fitch (ANF) downgraded to Sector Weight from Overweight at KeyBanc with analyst Jessica Schmidt saying the elevated promotions add to other headwinds, including the fact that the teen space is "overstored" and faces soft consumer demand and weak tourism. 4. American Express (AXP) downgraded to Reduce from Neutral at Nomura with analyst Bill Carcache saying the combination of weaker than expected revenues and higher than expected expenses will weigh on the shares. 5. Lowe's (LOW) downgraded to Neutral from Buy at Cleveland Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

DD

DuPont

$79.37

0.72 (0.92%)

, INTC

Intel

$36.75

0.43 (1.18%)

08:35
04/25/17
04/25
08:35
04/25/17
08:35
Conference/Events
Senate Judiciary Committee to hold a hearing »

The Committee holds a…

DD

DuPont

$79.37

0.72 (0.92%)

INTC

Intel

$36.75

0.43 (1.18%)

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    Apr

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08:35
04/25/17
04/25
08:35
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08:35
General news
Bullish momentum on U.S. equities »

Bullish momentum on U.S.…

IBM

IBM

$160.75

0.37 (0.23%)

, GSK

GlaxoSmithKline

$41.12

0.34 (0.83%)

08:34
04/25/17
04/25
08:34
04/25/17
08:34
Hot Stocks
The Weather Company renews collaboration with GSK Consumer Healthcare »

The Weather Company, an…

IBM

IBM

$160.75

0.37 (0.23%)

GSK

GlaxoSmithKline

$41.12

0.34 (0.83%)

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  • 25

    Apr

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    Jun

ECOM

ChannelAdvisor

$11.65

-0.1 (-0.85%)

, EBAY

eBay

$32.05

-0.13 (-0.40%)

08:34
04/25/17
04/25
08:34
04/25/17
08:34
Hot Stocks
ChannelAdvisor announces strategic partnership with eBay »

ChannelAdvisor…

ECOM

ChannelAdvisor

$11.65

-0.1 (-0.85%)

EBAY

eBay

$32.05

-0.13 (-0.40%)

03/08/13
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  • 04

    May

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    May

MRVL

Marvell

$15.06

0.16 (1.07%)

, AVGO

Broadcom

$221.24

3.58 (1.64%)

08:34
04/25/17
04/25
08:34
04/25/17
08:34
Hot Stocks
Marvell appoints Neil Kim as CTO »

Marvell (MRVL) announced…

MRVL

Marvell

$15.06

0.16 (1.07%)

AVGO

Broadcom

$221.24

3.58 (1.64%)

03/08/13
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SNY

Sanofi

$45.90

1.81 (4.11%)

08:34
04/25/17
04/25
08:34
04/25/17
08:34
Hot Stocks
Sanofi: Aubagio had significant effect on reducing cortical gray matter atrophy »

Sanofi Genzyme, the…

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  • 25

    Apr

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    May

IMMR

Immersion

$8.66

0.18 (2.12%)

08:33
04/25/17
04/25
08:33
04/25/17
08:33
Hot Stocks
Immersion signs multiyear license renewal with ALPS »

Immersion Corporation…

03/08/13
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AMZN

Amazon.com

$907.41

8.88 (0.99%)

08:33
04/25/17
04/25
08:33
04/25/17
08:33
Periodicals
Amazon opens Amazon Global Selling office in Taiwan, DigiTimes says »

Amazon has opened an…

03/08/13
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  • 27

    Apr

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PZRX

PhaseRx

$1.91

0.67 (54.03%)

08:33
04/25/17
04/25
08:33
04/25/17
08:33
Hot Stocks
PhaseRx receives 'positive' opinion for orphan drug designation for PRX-OTC »

PhaseRx announced that…

03/08/13
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CDTX

Cidara Therapeutics

$7.20

0.15 (2.13%)

08:32
04/25/17
04/25
08:32
04/25/17
08:32
Hot Stocks
Cidara Therapeutics promotes Taylor sandison to chief medical officer »

Cidara Therapeutics…

03/08/13
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DMPI

DelMar Pharmaceuticals

$2.70

-0.1 (-3.57%)

08:32
04/25/17
04/25
08:32
04/25/17
08:32
Hot Stocks
DelMar Pharma enters into collaboration with Duke University for VAL-083 »

DelMar Pharma announced…

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OSIS

OSI Systems

$72.27

0.63 (0.88%)

08:31
04/25/17
04/25
08:31
04/25/17
08:31
Hot Stocks
OSI Systems awarded $7M contract to provide checkpoint inspection systems »

OSI Systems announced…

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  • 26

    Apr

  • 06

    Jun

BNED

Barnes & Noble Education

$10.38

0.08 (0.78%)

08:31
04/25/17
04/25
08:31
04/25/17
08:31
Hot Stocks
Barnes & Noble Education names Michael Miller chief legal officer »

Barnes & Noble…

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  • 30

    May

08:31
04/25/17
04/25
08:31
04/25/17
08:31
Options
One option delisting on April 25th »

Option delistings…

LLY

Eli Lilly

$83.42

1.53 (1.87%)

08:30
04/25/17
04/25
08:30
04/25/17
08:30
Technical Analysis
Eli Lilly trades lower after earnings and outlook »

The shares were last…

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  • 25

    Apr

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    May

  • 31

    May

BIDU

Baidu

$180.03

1.95 (1.10%)

, NFLX

Netflix

$143.83

0.96 (0.67%)

08:28
04/25/17
04/25
08:28
04/25/17
08:28
Technical Analysis
Netflix edges up to 52-week highs in pre-market trading »

Shares were last at…

BIDU

Baidu

$180.03

1.95 (1.10%)

NFLX

Netflix

$143.83

0.96 (0.67%)

03/08/13
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  • 27

    Apr

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    Jun

ANTM

Anthem

$168.41

0.61 (0.36%)

, ESRX

Express Scripts

$67.25

0.79 (1.19%)

08:28
04/25/17
04/25
08:28
04/25/17
08:28
Recommendations
Anthem, Express Scripts analyst commentary  »

Anthem contract…

ANTM

Anthem

$168.41

0.61 (0.36%)

ESRX

Express Scripts

$67.25

0.79 (1.19%)

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  • 25

    Apr

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    Jun

WAT

Waters

$160.27

1.75 (1.10%)

08:26
04/25/17
04/25
08:26
04/25/17
08:26
Earnings
Waters sees FY17 EPS $7.20-$7.40, consensus $7.04 »

Sees a mid single digit…

03/08/13
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  • 25

    Apr

AAPL

Apple

$143.64

1.37 (0.96%)

, CBS

CBS

$65.95

-0.89 (-1.33%)

08:25
04/25/17
04/25
08:25
04/25/17
08:25
Periodicals
Apple Music delays release of first series 'Carpool Karaoke,' Reuters reports »

Apple's Apple Music…

AAPL

Apple

$143.64

1.37 (0.96%)

CBS

CBS

$65.95

-0.89 (-1.33%)

03/08/13
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  • 27

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  • 15

    Jun

WAT

Waters

$160.27

1.75 (1.10%)

08:25
04/25/17
04/25
08:25
04/25/17
08:25
Earnings
Waters sees Q2 EPS $1.65-$1.75, consensus $1.67 »

Sees strong mid-single…

03/08/13
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  • 25

    Apr

08:25
04/25/17
04/25
08:25
04/25/17
08:25
Conference/Events
The Washington Journal holds a discussion on Dodd-Frank »

Manhattan Institute…

WHR

Whirlpool

$174.80

3.29 (1.92%)

08:22
04/25/17
04/25
08:22
04/25/17
08:22
Hot Stocks
Whirlpool sees 3%-5% annual organic net sales growth, 10%+ EBIT margin by 2020 »

Says fundamentals of…

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  • 25

    Apr

  • 04

    May

$DJT

DJ Transportation Average

08:21
04/25/17
04/25
08:21
04/25/17
08:21
Technical Analysis
DJ Transportation Average: Pivot points »

The following are the…

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$DJU

DJ Utility Average

08:20
04/25/17
04/25
08:20
04/25/17
08:20
Technical Analysis
DJ Utility Average: Pivot points »

The following are the…

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DJX

Dow Jones Industrial Average

08:20
04/25/17
04/25
08:20
04/25/17
08:20
Technical Analysis
Dow Jones Industrial Average: Pivot points »

The following are the…

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