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HLF

Herbalife

$61.16

-0.45 (-0.73%)

, XRX

Xerox

$9.64

-0.015 (-0.16%)

12:33
10/17/16
10/17
12:33
10/17/16
12:33

Icahn says Herbalife, Xerox, Cheniere, AIG 'uniquely undervalued'

Carl Icahn is speaking on CNBC.

HLF

Herbalife

$61.16

-0.45 (-0.73%)

XRX

Xerox

$9.64

-0.015 (-0.16%)

LNG

Cheniere Energy

$40.90

0.21 (0.52%)

AIG

AIG

$60.33

0.47 (0.79%)

  • 01

    Nov

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    Nov

  • 03

    Nov

  • 04

    Nov

  • 18

    Nov

HLF Herbalife
$61.16

-0.45 (-0.73%)

XRX Xerox
$9.64

-0.015 (-0.16%)

02/01/16
02/01/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AIG (AIG) downgraded at BMO Capital... ARMOUR Residential (ARR) downgraded to Underweight from Equal Weight at Barclays... Abraxas Petroleum (AXAS) downgraded to Neutral from Buy at SunTrust... Anchor BanCorp Wisconsin (ABCW) downgraded to Equal Weight from Overweight at Stephens... Ashford Hospitality Prime (AHP) downgraded to Hold from Buy at Canaccord... Ashford Hospitality (AHT) downgraded to Hold from Buy at Canaccord... Axiall (AXLL) downgraded to Neutral from Buy at Citi... Boston Private Financial (BPFH) downgraded to Neutral from Buy at SunTrust... Colliers International (CIGI) downgraded to Sector Perform from Outperform at RBC Capital... Companhia Brasileira de Distribuicao (CBD) downgraded to Neutral at Credit Suisse... Connecticut Water (CTWS) downgraded to Market Perform from Outperform at Wells Fargo... Duke Realty (DRE) downgraded on valuation, growth outlook at BMO Capital... EP Energy (EPE) downgraded to Neutral from Buy at SunTrust... Eastman Chemical (EMN) downgraded at SunTrust... Equity Residential (EQR) downgraded to Neutral from Buy at Mizuho... Genuine Parts (GPC) downgraded to Neutral from Overweight at JPMorgan... Hersha Hospitality (HT) downgraded to Hold from Buy at Canaccord... Jones Energy (JONE) downgraded to Neutral from Buy at SunTrust... Mondelez (MDLZ) downgraded to Neutral from Positive at Susquehanna... Nokia (NOK) downgraded to Hold from Buy at Canaccord... Ollie's Bargain Outlet (OLLI) downgraded to Neutral from Outperform at Credit Suisse... Oshkosh (OSK) downgraded to Hold from Buy at Drexel Hamilton... Outerwall (OUTR) downgraded on Redbox weakness at Roth Capital... PACCAR (PCAR) downgraded to Underperform from Peer Perform at Wolfe Research... Restoration Hardware (RH) downgraded to Market Perform from Outperform at Cowen... Rex Energy (REXX) downgraded to Neutral from Buy at SunTrust... Sanchez Energy (SN) downgraded to Neutral from Buy at SunTrust... SandRidge Energy (SD) downgraded to Neutral from Buy at SunTrust... Santander Consumer (SC) downgraded to Underperform from Neutral at BofA/Merrill... Tiffany (TIF) downgraded to Market Perform from Outperform at Cowen... Trex Company (TREX) downgraded to Hold from Buy at BB&T... U.S. Steel (X) downgraded to Neutral from Outperform at Macquarie... United Community Financial (UCFC) downgraded to Neutral from Outperform at Boenning & Scattergood... Xerox (XRX) downgraded to Equal Weight from Overweight at Morgan Stanley.
04/26/16
BMUR
04/26/16
DOWNGRADE
BMUR
Hold
Xerox downgraded to Hold from Buy at Brean Capital
Brean Capital analyst Ananda Baruah downgraded Xerox to Hold following the company's Q1 results. Xerox reported weaker than expected Printer operating margin dis-synergies from the upcoming split could be weighted to the second half of 2016, Baruah tells investors in a post-earnings research note.
09/13/16
09/13/16
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. Chevron (CVX) initiated with an Outperform at BMO Capital. 2. AB InBev (BUD) initiated with a Buy at Jefferies. 3. Altria Group (MO) and Reynolds American (RAI) were initiated with a Buy at Citi while the firm initiated Philip Morris (PM) with a Neutral. 4. Under Armour (UA) initiated with a Neutral at Nomura. 5. Xerox (XRX) initiated with a Buy at SunTrust. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/13/16
RHCO
09/13/16
INITIATION
Target $13
RHCO
Buy
Xerox initiated with a Buy at SunTrust
SunTrust analyst Frank Atkins initiated Xerox with a Buy and a $13 price target saying value creation potential of Xerox's plan to split the company is underappreciated. The analyst said the split will improve the competitive position in each of the parts, BPO and Document Technology, and he is particular positive on the outlook for the BPO business Conduent.
LNG Cheniere Energy
$40.90

0.21 (0.52%)

10/12/16
FBCO
10/12/16
INITIATION
Target $53
FBCO
Outperform
Cheniere Energy initiated with an Outperform at Credit Suisse
Credit Suisse analyst Bhavesh Lodaya initiated Cheniere Energy (LNG) with an Outperform and a $53 price target. The analyst said the proposed acquisition of Cheniere Energy Partners LP (CQH) paves the way for potentially further simplification of the Cheniere story. Cheniere Energy will gain access to a larger portion of fixed fees from seven trains vs. two today, while diversifying the commodity risk tied to CMI across the entire business. For investors with a long-term bullish view on commodity fundamentals, Lodaya recommends Cheniere Energy which has exposure to most of the growth optionality, at the cost of higher volatility in its cash flows.
06/28/16
JPMS
06/28/16
NO CHANGE
Target $54
JPMS
Overweight
Cheniere Energy pullback a buying opportunity, says JPMorgan
JPMorgan analyst Jeremy Tonet says he left an investor dinner with new Cheniere Energy CEO Jack Fusco incrementally positive on the company. Fusco is well suited to usher Cheniere through the development process, Tonet tells investors in a research note. The analyst views the recent weakness in the shares as an attractive buying opportunity. He keeps an Overweight rating on Cheniere with a $54 price target.
06/22/16
06/22/16
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. Apache (APA) initiated with an Underperform rating at CLSA with the firm saying the company could benefit from focused acquisitions. 2. FreightCar America (RAIL) initiated with a Market Perform at Cowen with the firm citing valuation. 3. Chesapeake Utilities (CPK) initiated with a Hold at BB&T. 4. Cheniere Energy (LNG) initiated with an Outperform at Wolfe Research. 5. Square (SQ) initiated with a Hold at Evercore ISI. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/22/16
WOLF
06/22/16
INITIATION
Target $47
WOLF
Outperform
Cheniere Energy initiated with an Outperform at Wolfe Research
Wolfe Research initiated Cheniere Energy with an Outperform and $47 price target.
AIG AIG
$60.33

0.47 (0.79%)

07/06/16
EVER
07/06/16
INITIATION
Target $62
EVER
Buy
AIG initiated with a Buy at Evercore ISI
Evercore ISI analyst Thomas Gallagher started AIG with a Buy rating and $62 price target.
08/08/16
08/08/16
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. AIG (AIG) upgraded to Conviction Buy from Buy at Goldman with analyst Michael Nannizzi saying the risk/reward is "increasingly attractive" following the company's "strong" second quarter results. 2. 58.com (WUBA) upgraded to Buy from Sell at CLSA with analyst Man Ho Lam saying shares are down 21% year-to-date and reflect margin concerns and the unlocking of restricted shares. 3. Reynolds American (RAI) upgraded to Outperform from Underperform at CLSA with analyst Michael Lavery saying valuation is compelling relative to Altria (MO) and expects strong portfolio, share momentum, and multiple levers to drive earnings growth. 4. Merck (MRK) upgraded to Outperform from Neutral at Credit Suisse with analyst Vamil Divan upgrading the stock to Outperform and raised its price target to $73 following news that Bristol-Meyers' (BMY) CheckMate-026 study failed to meet its primary endpoint. 5. Monsanto (MON) 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.
10/07/16
FBCO
10/07/16
INITIATION
Target $60
FBCO
Neutral
AIG initiated with a Neutral at Credit Suisse
Credit Suisse analyst John Nadel initiated AIG with a Neutral and a $60 price target.
08/08/16
GSCO
08/08/16
UPGRADE
Target $68
GSCO
Conviction Buy
AIG upgraded to Conviction Buy from Buy at Goldman
Goldman Sachs analyst Michael Nannizzi upgraded AIG to Conviction Buy saying the risk/reward is "increasingly attractive" following the company's "strong" Q2 results. The analyst expects margin expansion as the year progresses and has as $68 price target for the shares.

TODAY'S FREE FLY STORIES

AES

AES Corp.

$11.93

0.18 (1.53%)

06:09
02/27/17
02/27
06:09
02/27/17
06:09
Earnings
AES Corp. reports Q4 adjusted EPS 35c, consensus 36c »

Reports Q4 revenue…

03/08/13
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  • 27

    Feb

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    Feb

SHOO

Steven Madden

$37.15

-0.1 (-0.27%)

06:09
02/27/17
02/27
06:09
02/27/17
06:09
Upgrade
Steven Madden rating change  »

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  • 28

    Feb

SYT

Syngenta

$85.27

0.3 (0.35%)

06:09
02/27/17
02/27
06:09
02/27/17
06:09
Periodicals
ChemChina's Syngenta bid seen receiving conditional EU approval, Reuters says »

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BCRX

BioCryst

$5.49

-0.11 (-1.96%)

06:08
02/27/17
02/27
06:08
02/27/17
06:08
Hot Stocks
BioCryst reports 'positive' interim results from APeX-1 trial »

BioCryst Pharmaceuticals…

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    Feb

JCP

J.C. Penney

$6.46

-0.4 (-5.83%)

06:08
02/27/17
02/27
06:08
02/27/17
06:08
Downgrade
J.C. Penney rating change  »

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  • 01

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06:07
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02/27
06:07
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06:07
Hot Stocks
Buffett says market 'not in bubble territory' or 'anything of the sort' »

Warren Buffett, while…

WMT

Wal-Mart

$72.39

1.08 (1.51%)

, KR

Kroger

$33.29

0.3 (0.91%)

06:06
02/27/17
02/27
06:06
02/27/17
06:06
Periodicals
Wal-Mart launching price-comparison test in U.S., targeting Aldi, Reuters says »

Wal-Mart (WMT) is…

WMT

Wal-Mart

$72.39

1.08 (1.51%)

KR

Kroger

$33.29

0.3 (0.91%)

PG

Procter & Gamble

$91.05

-0.08 (-0.09%)

UN

Unilever; also tag UL

$46.91

0.33 (0.71%)

UL

Unilever; also tag UN

$47.12

0.22 (0.47%)

CAG

Conagra Brands

$41.16

0.66 (1.63%)

03/08/13
Wedge Partners
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LJPC

La Jolla

$19.87

1.65 (9.06%)

06:05
02/27/17
02/27
06:05
02/27/17
06:05
Hot Stocks
La Jolla announces positive results from ATHOS-3 Phase 3 study of LJPC-501 »

La Jolla Pharmaceutical…

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  • 19

    Mar

INVH

Invitation Homes

$21.60

0.02 (0.09%)

06:05
02/27/17
02/27
06:05
02/27/17
06:05
Initiation
Invitation Homes initiated  »

Invitation Homes…

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PEG

PSEG

$45.61

1.36 (3.07%)

06:04
02/27/17
02/27
06:04
02/27/17
06:04
Downgrade
PSEG rating change  »

PSEG downgraded to Market…

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UCP

UCP, Inc.

$11.35

-0.05 (-0.44%)

06:03
02/27/17
02/27
06:03
02/27/17
06:03
Hot Stocks
Breaking Hot Stocks news story on UCP, Inc. »

UCP, Inc. reports Q4 net…

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03/06/13
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  • 27

    Feb

LAUR

Laureate Education

$13.24

0.06 (0.46%)

06:03
02/27/17
02/27
06:03
02/27/17
06:03
Initiation
Laureate Education initiated  »

Laureate Education…

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UCP

UCP, Inc.

$11.35

-0.05 (-0.44%)

06:02
02/27/17
02/27
06:02
02/27/17
06:02
Earnings
UCP, Inc. reports Q4 EPS 89c with benefits, consensus 18c »

Reports Q4 revenue…

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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  • 27

    Feb

SNAP

Snap Inc.

06:01
02/27/17
02/27
06:01
02/27/17
06:01
Periodicals
Snap founders tightened grip following dispute with Lightspeed, NYT reports »

Early Snap investor…

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  • 02

    Mar

GRAM

Grana y Montero

$3.32

-1.77 (-34.77%)

06:00
02/27/17
02/27
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02/27/17
06:00
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Grana y Montero rating change  »

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INVH

Invitation Homes

$21.60

0.02 (0.09%)

05:59
02/27/17
02/27
05:59
02/27/17
05:59
Initiation
Invitation Homes initiated  »

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AAPL

Apple

$136.66

0.13 (0.10%)

, EBAY

eBay

$34.06

0.46 (1.37%)

05:58
02/27/17
02/27
05:58
02/27/17
05:58
Periodicals
Tech firms plan to file brief in favor of transgender rights, Axios reports »

Leading tech companies…

AAPL

Apple

$136.66

0.13 (0.10%)

EBAY

eBay

$34.06

0.46 (1.37%)

IBM

IBM

$181.35

-0.3 (-0.17%)

MSFT

Microsoft

PYPL

PayPal

$43.07

0.54 (1.27%)

CRM

Salesforce

$81.78

-0.29 (-0.35%)

YELP

Yelp

$33.46

-0.01 (-0.03%)

BOX

Box

$17.93

0.41 (2.34%)

03/08/13
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03/06/13
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  • 27

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  • 28

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  • 09

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AFL

Aflac

$71.71

-0.01 (-0.01%)

05:57
02/27/17
02/27
05:57
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05:57
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Aflac rating change  »

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  • 05

    Mar

FTI

TechnipFMC

$32.30

-0.58 (-1.76%)

05:56
02/27/17
02/27
05:56
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05:56
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TechnipFMC rating change  »

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DDS

Dillard's

$57.00

2.32 (4.24%)

, ISIL

Intersil

05:55
02/27/17
02/27
05:55
02/27/17
05:55
Hot Stocks
Dillard's to replace Intersil in S&P 400 as of 2/28 open »

Renesas Electronics Corp.…

DDS

Dillard's

$57.00

2.32 (4.24%)

ISIL

Intersil

03/08/13
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INCY

Incyte

$131.21

9.26 (7.59%)

, SE

Spectra Energy

$40.68

-0.32 (-0.78%)

05:55
02/27/17
02/27
05:55
02/27/17
05:55
Hot Stocks
Incyte to replace Spectra Energy in S&P 500 as of 2/28 open »

Spectra Energy (SE) is…

INCY

Incyte

$131.21

9.26 (7.59%)

SE

Spectra Energy

$40.68

-0.32 (-0.78%)

ENB

Enbridge

$41.34

-0.37 (-0.89%)

03/08/13
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03/06/13
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  • 06

    Mar

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    Mar

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    Mar

  • 01

    Apr

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    Apr

NCMI

National CineMedia

$12.08

-0.35 (-2.82%)

05:53
02/27/17
02/27
05:53
02/27/17
05:53
Recommendations
National CineMedia analyst commentary  »

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  • 28

    Mar

  • 28

    Mar

HMSY

HMS Holdings

$18.83

0.13 (0.70%)

05:48
02/27/17
02/27
05:48
02/27/17
05:48
Downgrade
HMS Holdings rating change  »

HMS Holdings downgraded…

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  • 21

    Mar

TEX

Terex

$30.35

0.44 (1.47%)

05:45
02/27/17
02/27
05:45
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05:45
Upgrade
Terex rating change  »

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  • 07

    Mar

  • 07

    Mar

TPH

TRI Pointe

$12.21

0.1 (0.83%)

05:43
02/27/17
02/27
05:43
02/27/17
05:43
Downgrade
TRI Pointe rating change  »

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  • 01

    Mar

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