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MENT

Mentor Graphics

$28.81

0.44 (1.55%)

06:20
10/19/16
10/19
06:20
10/19/16
06:20

Mentor Graphics initiated with an Outperform at Credit Suisse

Credit Suisse analyst Farhan Ahmad initiated Mentor Graphics with an Outperform and a $34 price target. The analyst believes the Street is underestimating Mentor's growth and sees potential for multiple expansion as the company starts to deliver. Additionally, Ahmad said Mentor screens well as a potential target for for Systems Design Software companies given the increasing importance of EDA companies in systems design.

MENT Mentor Graphics
$28.81

0.44 (1.55%)

02/22/16
02/22/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on the today's top five analyst upgrades with this list compiled by The Fly: 1. CSX (CSX) upgraded to Buy from Neutral at BofA/Merrill by analyst Ken Hoexter, who also increased his price target to $28 from $25. He said overall industry volume comps begin to get easier beginning in April and believes CSX's multiple should expand as volume stabilize and coal pressures subside. Hoexter also upgraded Knight Transportation (KNX) and Swift Transport (SWFT) to Buy from Neutral and Werner (WERN) and Genesee & Wyoming (GWR) upgraded to Neutral from Underperform. 2. WellCare (WCG) upgraded to Overweight from Neutral at JPMorgan by analyst Gary Taylor, who raised his price target to $114 from $80. Taylor cited an improved Medicare Advantage outlook following the Centers for Medicare and Medicaid Services' 2017 Advance Notice and said the agency's decision to not explicitly recoup the 2017 HIP Holiday is "quite material" to WellCare. WEllCare was also upgraded to Neutral from Underperform at Bofa/Merrill. 3. Cree (CREE) upgraded to Overweight from Neutral at Piper Jaffray by analyst Mike Ritzenthaler after his firm's channel checks with lighting distributors indicated solid volume growth in the order books for 2016. 4. Mentor Graphics (MENT) upgraded to Buy from Neutral at DA Davidson as it believes that the company's announcement that it will repurchase 8.1M shares from Carl Icahn, along with what the firm sees as stabilizing industry fundamentals, has improved the stock's risk/reward ratio. 5. IMAX (IMAX) upgraded to Outperform from Netural at Wedbush by analyst Michael Pachter. The valuation is favorable while the company is seeing an improving pace of screen installations and an improving premium film slate in 2016, Pachter said. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/19/16
DADA
08/19/16
DOWNGRADE
DADA
Neutral
Mentor Graphics downgraded to Neutral from Buy at DA Davidson
DA Davidson analyst Thomas Diffely downgraded Mentor Graphics to Neutral following solid Q2 results based on share valuation.
10/10/16
DADA
10/10/16
UPGRADE
DADA
Buy
Mentor Graphics upgraded to Buy from Neutral at DA Davidson
10/10/16
DADA
10/10/16
UPGRADE
DADA
Buy
Mentor Graphics upgraded on multiple catalysts at DA Davidson
As noted earlier, DA Davidson upgraded Mentor Graphics to Buy from Neutral. Analyst Thomas Diffely says that the company is benefiting from multiple catalysts, including exposure to vertical markets that will enable multi-year growth, solid cash flow, and an activist investor that can help the company unlock value. He thinks that the company can benefit by optimizing its operations, and he finds the stock's valuation attractive. Target to $32 from $24.

TODAY'S FREE FLY STORIES

NFX

Newfield Exploration

$28.45

0.89 (3.23%)

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  • 02

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XLK

Technology Select Sector SPDR

$54.81

-0.96 (-1.72%)

, XLF

Financial Select Sector

$24.79

0.27 (1.10%)

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XLK

Technology Select Sector SPDR

$54.81

-0.96 (-1.72%)

XLF

Financial Select Sector

$24.79

0.27 (1.10%)

SPY

SPDR S&P 500 ETF Trust

$241.95

-1.54 (-0.63%)

SPX

S&P 500

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JPM

JPMorgan

$91.56

1.7362 (1.93%)

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  • 14

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Treasury announced a $72 B 3- and 6-month bill auction for Monday »

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INFO

IHS Markit

$45.05

-0.32 (-0.71%)

11:25
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Conference/Events
The National Economists Club to hold a luncheon meeting Symbol changed to INFO IHS Markit »

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  • 29

    Jun

QVCA

QVC Group

$24.61

0.1 (0.41%)

, QVCB

QVC Group

11:25
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FBN Securities media analyst to hold a luncheon meeting »

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QVCA

QVC Group

$24.61

0.1 (0.41%)

QVCB

QVC Group

LVNTA

Liberty Ventures

$52.69

1.21 (2.35%)

GNCMA

General Communications

$36.81

0.97 (2.71%)

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  • 29

    Jun

  • 10

    Jul

ALRN

Aileron Therapeutics

11:23
06/29/17
06/29
11:23
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Syndicate
Breaking Syndicate news story on Aileron Therapeutics »

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  • 29

    Jun

SHLD

Sears

$8.01

0.29 (3.76%)

11:22
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Hot Stocks
Breaking Hot Stocks news story on Sears »

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SHLD

Sears

$8.01

0.29 (3.76%)

11:20
06/29/17
06/29
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Hot Stocks
Breaking Hot Stocks news story on Sears »

Berkowitz says Fairholme…

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ABBV

AbbVie

$72.91

-0.01 (-0.01%)

11:20
06/29/17
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Abbvie attracts an opening call write »

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SHLD

Sears

$8.01

0.29 (3.76%)

11:17
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Real estate value the 'margin of safety' in Sears investment, Berkowitz says »

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$NSD

NASDAQ Market Internals

11:17
06/29/17
06/29
11:17
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NASDAQ market internals summary »

Volume is above average…

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SHLD

Sears

$8.01

0.29 (3.76%)

11:16
06/29/17
06/29
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Hot Stocks
Berkowitz sees Sears net asset value at $90 per share »

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$NYE

NYSE Market Internals

11:16
06/29/17
06/29
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Technical Analysis
NYSE market internals summary »

Volume is average for…

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GOOGL

Alphabet Class A

$961.01

12.92 (1.36%)

11:14
06/29/17
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Technical View: Alphabet Class A has an active bearish pattern »

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BDRBF

Bombardier

$1.87

0.039 (2.13%)

11:13
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Bombardier says Transportation restructuring costs included in previous guidance »

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11:11
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4-Week Bill Announcement Offering Amount data reported »

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6-Month Bill Announcement Offering Amount data reported »

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DBD

Diebold

$27.88

0.425 (1.55%)

11:11
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CHTR

Charter

$340.30

10.43 (3.16%)

11:10
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Renewed call buying in Charter »

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  • 27

    Jul

JCOM

j2 Global

$87.08

0.83 (0.96%)

, TWTR

Twitter

$17.74

-0.2132 (-1.19%)

11:06
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Hot Stocks
IGN, Twitter partner for global live stream of San Diego Comic-Con »

J2 Global's (JCOM)…

JCOM

j2 Global

$87.08

0.83 (0.96%)

TWTR

Twitter

$17.74

-0.2132 (-1.19%)

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  • 19

    Jul

  • 28

    Sep

CY

Cypress Semiconductor

$14.35

1.15 (8.71%)

, ARW

Arrow Electronics

$79.00

-0.48 (-0.60%)

11:02
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Cypress Semiconductor, Arrow Electronics announce IoT development platform »

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CY

Cypress Semiconductor

$14.35

1.15 (8.71%)

ARW

Arrow Electronics

$79.00

-0.48 (-0.60%)

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  • 15

    Aug

  • 07

    Sep

PCYO

Pure Cycle

$7.50

-0.05 (-0.66%)

, KBH

KB Home

$23.57

-0.49 (-2.04%)

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Pure Cycle to sell lots at Sky Ranch property to KB Home, Taylor Morrison »

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PCYO

Pure Cycle

$7.50

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KBH

KB Home

$23.57

-0.49 (-2.04%)

TMHC

Taylor Morrison

$23.91

-0.32 (-1.32%)

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AZN

AstraZeneca

$34.08

-0.27 (-0.79%)

11:00
06/29/17
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11:00
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Options
AstraZeneca attracts a defensive option play »

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  • 29

    Jun

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