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WFC

Wells Fargo

$44.95

0.45 (1.01%)

06:04
10/19/16
10/19
06:04
10/19/16
06:04

Wells Fargo downgraded to Market Perform from Outperform at FBR Capital

FBR Capital analyst Paul Miller downgraded Wells Fargo to Market Perform saying the shares will be range-bound pending greater clarity into the ongoing regulatory investigations and recently announced independent audit. The analyst sees too much uncertainty and cut his price target for Wells shares to $45 from $50.

  • 23

    Oct

WFC Wells Fargo
$44.95

0.45 (1.01%)

10/17/16
BMOC
10/17/16
UPGRADE
BMOC
Market Perform
Wells Fargo upgraded to Market Perform from Underperform at BMO Capital
10/17/16
BMOC
10/17/16
UPGRADE
BMOC
Market Perform
Wells Fargo upgraded on valuation at BMO Capital
As noted earlier, BMO Capital upgraded Wells Fargo to Market Perform from Underperform. Analyst James Fotheringham upgraded the stock based on valuation.
10/17/16
10/17/16
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. Wells Fargo (WFC) upgraded to Market Perform from Underperform at BMO Capital with analyst James Fotheringham. 2. AMD (AMD) upgraded to Perform from Underperform at Oppenheimer with analyst Rick Schafer citing lower balance sheet risk and improved near-term sales trends ahead of the company's third quarter results. 3. Groupon (GRPN) upgraded to Outperform from Neutral at Wedbush with analyst Aaron Turner saying he expects the company's "large valuation discrepancy" relative to peers to close following its third quarter earnings report. 4. Michael Kors KORS) upgraded to Mixed from Negative at OTR Global. 5. PNC Financial (PNC) upgraded to Buy from Hold at Argus with analyst Stephen Biggar saying PNC is well positioned to benefit from rising rates and it is making progress on a range of strategic initiatives, including expansion in the Southeast and in the Chicago area, where increased brand awareness has led to good growth in both retail and commercial banking. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/17/16
10/17/16
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. JPMorgan (JPM) downgraded to Neutral from Buy at Buckingham and to Market Perform from Outperform at BMO Capital. 2. Wells Fargo (WFC) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Brian Kleinhanzl saying the valuation "cannot overcome" all the uncertainty. 3. Lowe's (LOW) downgraded to Buy from Conviction Buy at Goldman with analyst Matthew Fassler saying the home improvement retail sector is closely tied to housing turnover and home improvement sales are also approaching normalized levels. 4. Pandora (P) downgraded to Underperform from Neutral at BofA/Merrill with analyst Nat Schindler saying he believes Pandora's $4B revenue 2020 revenue goal will be difficult to achieve as the on-demand subscription streaming market has become increasingly competitive and the user base is fully penetrated. 5. Time Warner (TWX) downgraded to Neutral from Outperform at Wedbush with analyst James Dix citing valuation. 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

UUP

PowerShares DB US Dollar Index Up

$24.07

0.14 (0.59%)

06:44
09/26/17
09/26
06:44
09/26/17
06:44
Technical Analysis
PowerShares DB US Dollar Index Up: Pivot points »

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SHAK

Shake Shack

$33.61

0.34 (1.02%)

06:44
09/26/17
09/26
06:44
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06:44
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Shake Shack rating change  »

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CAKE

Cheesecake Factory

$41.60

0.08 (0.19%)

06:43
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09/26
06:43
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06:43
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Cheesecake Factory rating change  »

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UDN

PowerShares DB US Dollar Index Down

$22.41

-0.1001 (-0.44%)

06:43
09/26/17
09/26
06:43
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06:43
Technical Analysis
PowerShares DB US Dollar Index Down: Pivot points »

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ITW

Illinois Tool Works

$147.07

-0.33 (-0.22%)

06:42
09/26/17
09/26
06:42
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06:42
Recommendations
Illinois Tool Works analyst commentary  »

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LCI

Lannett

$17.10

-0.3 (-1.72%)

06:41
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09/26
06:41
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06:41
Hot Stocks
Lannett announces dismissal of class action lawsuit »

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DLR

Digital Realty

$114.22

-0.29 (-0.25%)

06:36
09/26/17
09/26
06:36
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06:36
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Digital Realty rating change  »

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BA

Boeing

$254.32

-2.13 (-0.83%)

06:34
09/26/17
09/26
06:34
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06:34
Periodicals
Boeing opens program office for potential mid-market jet, Reuters says »

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  • 26

    Sep

PI

Impinj

$38.44

-2.81 (-6.81%)

, DFIN

Donnelley Financial Solutions

$20.23

-0.37 (-1.80%)

06:34
09/26/17
09/26
06:34
09/26/17
06:34
Hot Stocks
Impinj selects Donnelley Financial Solutions to simplify financial reporting »

Donnelley Financial…

PI

Impinj

$38.44

-2.81 (-6.81%)

DFIN

Donnelley Financial Solutions

$20.23

-0.37 (-1.80%)

03/08/13
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  • 14

    Nov

  • 15

    Nov

CDXC

ChromaDex

$4.31

0.31 (7.75%)

06:34
09/26/17
09/26
06:34
09/26/17
06:34
Hot Stocks
ChromaDex announces results of second human clinical study of NIAGEN »

ChromaDex announced that…

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  • 26

    Sep

TMUS

T-Mobile

$62.89

-1.17 (-1.83%)

, S

Sprint

$7.82

-0.7 (-8.22%)

06:33
09/26/17
09/26
06:33
09/26/17
06:33
Recommendations
T-Mobile, Sprint, Deutsche Telekom analyst commentary  »

T-Mobile shares could be…

TMUS

T-Mobile

$62.89

-1.17 (-1.83%)

S

Sprint

$7.82

-0.7 (-8.22%)

DTEGY

Deutsche Telekom

$18.52

-0.03 (-0.16%)

03/08/13
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  • 02

    Oct

  • 16

    May

SEAS

SeaWorld

$12.16

-0.23 (-1.86%)

, BX

Blackstone

$33.13

-0.04 (-0.12%)

06:32
09/26/17
09/26
06:32
09/26/17
06:32
Periodicals
Former SeaWorld Orlando president helping with 'Blackfish' probe, NY Post says »

Terry Prather, the former…

SEAS

SeaWorld

$12.16

-0.23 (-1.86%)

BX

Blackstone

$33.13

-0.04 (-0.12%)

03/08/13
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03/06/13
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  • 22

    Oct

QTRH

Quarterhill

$1.33

-0.0099 (-0.74%)

06:31
09/26/17
09/26
06:31
09/26/17
06:31
Hot Stocks
Quarterhill subsidiary awarded $4.23M contract »

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SAIC

SAIC

06:31
09/26/17
09/26
06:31
09/26/17
06:31
Hot Stocks
SAIC awarded $250M contract by USDA »

The U.S. Department of…

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  • 11

    Oct

  • 12

    Oct

WEX

Wex

$113.05

0.64 (0.57%)

06:31
09/26/17
09/26
06:31
09/26/17
06:31
Hot Stocks
Wex announces $150M share repurchase program »

WEX announced that the…

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WDC

Western Digital

$86.09

-0.39 (-0.45%)

, TOSBF

Toshiba, also use TOSYY

06:28
09/26/17
09/26
06:28
09/26/17
06:28
Periodicals
Western Digital to seek injunction in Toshiba chip unit sale, Reuters says »

Western Digital (WDC) is…

WDC

Western Digital

$86.09

-0.39 (-0.45%)

TOSBF

Toshiba, also use TOSYY

TOSYY

Toshiba, also use TOSBF

$16.28

0.284 (1.78%)

AAPL

Apple

$150.55

-1.34 (-0.88%)

03/08/13
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  • 22

    Oct

VZ

Verizon

06:22
09/26/17
09/26
06:22
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06:22
Hot Stocks
Verizon Foundation commits $1M to support Puerto Rico in wake of Hurricane Maria »

Verizon has announced…

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  • 19

    Oct

MSFT

Microsoft

$73.26

-1.15 (-1.55%)

06:19
09/26/17
09/26
06:19
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06:19
Hot Stocks
Microsoft integrating LinkedIn inside Office 365 »

Microsoft is starting to…

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  • 02

    Oct

  • 22

    Oct

GDI

Gardner Denver

$26.40

0.12 (0.46%)

06:19
09/26/17
09/26
06:19
09/26/17
06:19
Recommendations
Gardner Denver analyst commentary  »

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MSFT

Microsoft

$73.26

-1.15 (-1.55%)

06:18
09/26/17
09/26
06:18
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06:18
Hot Stocks
Microsoft replacing Skype for Business with Microsoft Teams service »

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  • 02

    Oct

  • 22

    Oct

MSFT

Microsoft

$73.26

-1.15 (-1.55%)

06:17
09/26/17
09/26
06:17
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06:17
Hot Stocks
Microsoft unveils Microsoft 365 Education package for teachers and students »

Microsoft unveiled a new…

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  • 02

    Oct

  • 22

    Oct

SUPN

Supernus

$39.10

0.1 (0.26%)

06:17
09/26/17
09/26
06:17
09/26/17
06:17
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Supernus analyst commentary  »

Supernus not cheap even…

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MSFT

Microsoft

$73.26

-1.15 (-1.55%)

, NOK

Nokia

$5.93

-0.07 (-1.17%)

06:16
09/26/17
09/26
06:16
09/26/17
06:16
Periodicals
Microsoft CEO Nadella says he voted 'no' on Nokia acquisition, BI reports »

Microsoft (MSFT) CEO…

MSFT

Microsoft

$73.26

-1.15 (-1.55%)

NOK

Nokia

$5.93

-0.07 (-1.17%)

03/08/13
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  • 02

    Oct

  • 22

    Oct

NVS

Novartis

$86.23

0.07 (0.08%)

06:15
09/26/17
09/26
06:15
09/26/17
06:15
Periodicals
New Novartis CEO aims to focus on medicines, data science, FT reports »

Novartis' new CEO…

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  • 08

    Nov

  • 17

    May

ABB

ABB

$24.65

-0.08 (-0.32%)

06:12
09/26/17
09/26
06:12
09/26/17
06:12
Hot Stocks
ABB, Northvolt sign MOU for European battery factory »

ABB and Northvolt have…

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