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HON

Honeywell

$107.87

-0.17 (-0.16%)

, OGE

OGE Energy

$30.68

0.23 (0.76%)

08:04
10/19/16
10/19
08:04
10/19/16
08:04

Honeywell and OGE Energy awarded Air Force base improvement contract

Honeywell (HON) and OGE Energy (OGE) announced a $19.1M facility modernization project that is expected to reduce energy consumption by 44% at Tinker Air Force Base's assembly plant. The project is being led by OG&E and funded through a Utility Energy Service Contract. The contract enables the base to pay for the project using future energy savings. Honeywell is providing the upgrades and guaranteeing the savings.

HON

Honeywell

$107.87

-0.17 (-0.16%)

OGE

OGE Energy

$30.68

0.23 (0.76%)

  • 21

    Oct

  • 03

    Nov

HON Honeywell
$107.87

-0.17 (-0.16%)

10/10/16
GSCO
10/10/16
DOWNGRADE
Target $122
GSCO
Buy
Honeywell downgraded to Buy from Conviction Buy at Goldman
Goldman analyst Joe Ritchie removed Honeywell form the Conviction Buy List following the Q3 preannouncement and initial 2017 outlook. The analyst has reduced conviction in Honeywell's execution after 3 quarters of EBIT misses and said Honeywell has become a "show me" story and lowered his price target to $122 from $131 on shares. Ritchie continues to rate Honeywell a Buy saying shares are cheap and fundamentals are above average but consistency in execution/communication needs to return to prior levels to help narrow the valuation gap.
10/10/16
OPCO
10/10/16
NO CHANGE
Target $122
OPCO
Outperform
Honeywell price target lowered to $122 from $128 at Oppenheimer
Oppenheimer analyst Christopher Glynn lowered his Q3 EPS expectations for Honeywell after the company cut its earnings and revenue outlook and trimmed his price target to $122 from $128. While he expects shares to be placed in the "penalty box" for some months, he maintains an Outperform rating on the stock, assuming the multiple on the stock can return to the level of Oct. 6 as investor sentiment normalizes.
10/10/16
10/10/16
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. Honeywell (HON) downgraded to Buy from Conviction Buy at Goldman with analyst Christopher Glynn lowering his Q3 Earnings Per Share expectations for Honeywell after the company cut its earnings and revenue outlook and trimmed his price target to $122 from $128. 2. United Technologies (UTX) downgraded to Neutral from Buy at Citi with analyst Jason Gursky saying he sees three issues limiting share upside over the next twelve-plus months. 3. PNC Financial (PNC) was downgraded to Neutral from Buy at Nomura while the firm downgraded Fifth Third (FITB) to Reduce from Neutral. 4. Myriad Genetics (MYGN) downgraded to Sell from Neutral at Ladenburg with analyst Kevin DeGeeter citing a "significant and unexpected deterioration" in outlook for the company's companion diagnostic franchise. 5. HSN, Inc. (HSNI) downgraded to Hold from Buy at Craig-Hallum with analyst Alex Fuhrman saying his channel checks indicate continued weakness in the third quarter, with particular weakness in jewelry and consumer electronics. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/11/16
ARGS
10/11/16
NO CHANGE
ARGS
Honeywell weakness creates buying opportunity, says Argus
Argus analyst John Eade notes that Honeywell has dropped 10% after the company lowered its 2016 EPS guidance. Eade says that the decline in the guidance was "modest," and he thinks that the company continues to have a number of positive catalysts, including "diverse product lines," its "strong presence" in the aerospace and commercial markets and its exposure to growing markets in China. Eade expects the company "to generate low double-digit earnings growth over the next five years." He keeps a $130 price target and Buy rating on the stock.
OGE OGE Energy
$30.68

0.23 (0.76%)

12/28/15
JEFF
12/28/15
NO CHANGE
Target $29
JEFF
Hold
OGE Energy motion rejected in Oklahoma, says Jefferies
Jefferies analyst Anthony Crowdell points out that the Oklahoma Corporation Commission last week denied OGE Energy's Motion for Modification in its Environmental Compliance Plan case. Should the company decide not to put scrubbers on its Sooner plant, an alternative would be to convert the plant to natural gas, the analyst tells investors in a research note. He estimates the net effect of converting Sooner to gas-fired instead of scrubbing is $425M less in rate base. Crowdell keeps a Hold rating on OGE Energy with a $29 price target.
01/19/16
TUDR
01/19/16
DOWNGRADE
TUDR
Hold
OGE Energy downgraded to Hold from Buy at Tudor Pickering
01/19/16
01/19/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apple Hospitality REIT (APLE) downgraded to Sell from Neutral at Ladenburg... Arch Capital (ACGL) downgraded to Neutral from Outperform at Macquarie... Atmel (ATML) downgraded to Equal Weight from Overweight at Morgan Stanley... BAE Systems (BAESY) downgraded to Underperform from Neutral at Credit Suisse... Bed Bath & Beyond (BBBY) downgraded to Underweight from Hold at BB&T... Best Buy (BBY) downgraded to Equal Weight at Morgan Stanley... CDK Global (CDK) downgraded to Underweight from Equal Weight at Morgan Stanley... Chesapeake Lodging (CHSP) downgraded to Sell from Neutral at Ladenburg... Citrix (CTXS) downgraded to Underweight from Equal Weight at Morgan Stanley... Comstock Resources (CRK) downgraded to Hold from Accumulate at KLR Group... Cypress Energy (CELP) downgraded to Hold from Buy at Stifel... Dunkin' Brands (DNKN) downgraded to Market Perform from Outperform at William Blair... Eleven Biotherapeutics (EBIO) downgraded to Market Perform from Outperform at Leerink... Equity Residential (EQR) downgraded on valuation, rental markets at JMP Securities... Express Scripts (ESRX) downgraded to Market Perform from Outperform at Leerink... LaSalle Hotel (LHO) downgraded to Sell from Neutral at Ladenburg... MSG Networks (MSGN) downgraded to Sell from Hold at Stifel... Madison Square Garden (MSG) downgraded on valuation at Stifel... McCormick (MKC) downgraded to Underweight from Neutral at JPMorgan... Methanex (MEOH) downgraded to Neutral from Buy at Monness Crespi... Nuverra Environmental (NES) downgraded to Hold from Buy at Stifel... OGE Energy (OGE) downgraded to Hold from Buy at Tudor Pickering... Party City (PRTY) downgraded to Equal Weight at Morgan Stanley... Pebblebrook Hotel (PEB) downgraded to Sell from Neutral at Ladenburg... Progressive (PGR) downgraded to Market Perform from Outperform at Bernstein... RLJ Lodging Trust (RLJ) downgraded to Sell from Neutral at Ladenburg... ResMed (RMD) downgraded to Underweight from Equal Weight at Barclays... Rex Energy (REXX) downgraded to Hold from Buy at KLR Group... SM Energy (SM) downgraded to Equalweight from Overweight at Capital One... Sally Beauty (SBH) downgraded to Equal Weight at Morgan Stanley... Santander Brasil (BSBR) downgraded to Reduce from Hold at HSBC... Sarepta (SRPT) downgraded to Sector Perform from Outperform at RBC Capital... Smith & Nephew (SNN) downgraded to Hold from Buy at Deutsche Bank... Sotherly Hotels (SOHO) downgraded to Sell from Buy at Ladenburg... Southwestern Energy (SWN) downgraded to Equalweight from Overweight at Capital One... St. Jude Medical (STJ) downgraded to Market Perform from Outperform at Wells Fargo... Stone Energy (SGY) downgraded to Underweight from Equalweight at Capital One... TerraForm Power (TERP) downgraded to Neutral from Buy at BofA/Merrill... Timken (TKR) downgraded to Hold from Buy at BB&T... Triangle Petroleum (TPLM) downgraded to Hold from Buy at KLR Group... UDR, Inc. (UDR) downgraded at JMP Securities... W&T Offshore (WTI) downgraded to Underweight from Equalweight at Capital One... WPX Energy (WPX) downgraded to Equalweight from Overweight at Capital One... Whiting Petroleum (WLL) downgraded to Equalweight from Overweight at Capital One.
04/11/16
ARGS
04/11/16
DOWNGRADE
ARGS
Hold
OGE Energy downgraded to Hold from Buy at Argus
Argus downgraded OGE Energy to Hold citing valuation.

TODAY'S FREE FLY STORIES

SGYP

Synergy Pharmaceuticals

$5.54

0.06 (1.09%)

08:25
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08:25
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  • 29

    Jan

LFUS

Littelfuse

$154.58

3.1 (2.05%)

08:25
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Conference/Events
Littelfuse to host analyst and investor day »

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  • 09

    Dec

WWD

Woodward

$70.84

-0.26 (-0.37%)

08:25
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Conference/Events
Wayfair Woodward to host analyst and investor meeting »

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  • 09

    Dec

DVAX

Dynavax

$4.80

-0.2 (-4.00%)

08:25
12/09/16
12/09
08:25
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08:25
Conference/Events
Dynavax to host research and development day »

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  • 09

    Dec

  • 15

    Dec

DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

08:24
12/09/16
12/09
08:24
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08:24
Downgrade
Duluth Holdings rating change  »

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LBAI

Lakeland Bancorp

$19.15

0.3 (1.59%)

08:24
12/09/16
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08:24
Syndicate
Breaking Syndicate news story on Lakeland Bancorp »

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CLSD

Clearside Biomedical

$11.53

-2.9 (-20.10%)

08:23
12/09/16
12/09
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08:23
Syndicate
Clearside Biomedical 4M share Secondary priced at $9.00 »

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  • 09

    Dec

BIIB

Biogen

$289.54

4.24 (1.49%)

, LLY

Eli Lilly

$67.19

-0.19 (-0.28%)

08:21
12/09/16
12/09
08:21
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08:21
Recommendations
Biogen, Eli Lilly analyst commentary  »

Biogen has positive read…

BIIB

Biogen

$289.54

4.24 (1.49%)

LLY

Eli Lilly

$67.19

-0.19 (-0.28%)

03/08/13
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  • 15

    Dec

08:20
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12/09
08:20
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General news
Energy Action: NYMEX crude »

Energy Action: NYMEX…

FNSR

Finisar

$34.13

1.89 (5.86%)

08:17
12/09/16
12/09
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08:17
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Finisar analyst commentary  »

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ZBRA

Zebra Technologies

$83.39

0.47 (0.57%)

08:15
12/09/16
12/09
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Zebra Technologies analyst commentary  »

Zebra Technologies prie…

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AVGO

Broadcom

$170.71

2.16 (1.28%)

08:14
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12/09
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Broadcom analyst commentary  »

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UCBJY

UCB Pharma

$30.84

-1.11 (-3.47%)

, MYL

Mylan

$36.06

1.56 (4.52%)

08:14
12/09/16
12/09
08:14
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08:14
Periodicals
UCB Pharma Vimpat patent 'thrown out' by patent office, Bronte Capital reports »

Argentum…

UCBJY

UCB Pharma

$30.84

-1.11 (-3.47%)

MYL

Mylan

$36.06

1.56 (4.52%)

03/08/13
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  • 28

    Mar

HLT

Hilton

$26.24

-0.8 (-2.96%)

08:14
12/09/16
12/09
08:14
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08:14
Downgrade
Hilton rating change  »

Hilton downgraded to…

03/08/13
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  • 09

    Dec

CDEV

Centennial Resource Development

$18.29

-0.32 (-1.72%)

08:12
12/09/16
12/09
08:12
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08:12
Initiation
Centennial Resource Development initiated  »

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03/08/13
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LTEA

Long Island Iced Tea

$4.91

0.2 (4.25%)

08:12
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12/09
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Hot Stocks
Long Island Iced Tea agrees to acquire ALO Juice »

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SCON

Superconductor Technologies

$2.02

-0.13 (-6.05%)

08:11
12/09/16
12/09
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Syndicate
Superconductor Technologies raises $10.2M in a public offering »

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CBMG

Cellular Biomedicine

$13.35

0.1 (0.75%)

08:09
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EW

Edwards Lifesciences

$89.30

5.57 (6.65%)

08:09
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AIRG

Airgain

$18.62

-2.13 (-10.27%)

08:08
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Airgain 2.35M share Secondary priced at $17.00 »

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  • 09

    Dec

SMBK

SmartBank

$19.96

0.66 (3.42%)

, ACBI

Atlantic Capital

$17.00

0.5 (3.03%)

08:08
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Hot Stocks
SmartBank to acquire branch office and assets of FSG Bank from Atlantic Capital »

SmartFinancial (SMBK),…

SMBK

SmartBank

$19.96

0.66 (3.42%)

ACBI

Atlantic Capital

$17.00

0.5 (3.03%)

03/08/13
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WFC

Wells Fargo

$57.29

0.01 (0.02%)

08:07
12/09/16
12/09
08:07
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08:07
Conference/Events
Wells Fargo holds a conference call »

CFO Shrewsberry and…

03/08/13
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BIP

Brookfield Infrastructure

$32.68

0.22 (0.68%)

08:07
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08:07
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Initiation
Brookfield Infrastructure initiated  »

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LVS

Las Vegas Sands

$54.67

-8.01 (-12.78%)

, MGM

MGM Resorts

$28.65

-1.3 (-4.34%)

08:06
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Periodicals
Macau denies report of daily ATM withdrawal limit, Bloomberg reports »

Macau's government…

LVS

Las Vegas Sands

$54.67

-8.01 (-12.78%)

MGM

MGM Resorts

$28.65

-1.3 (-4.34%)

WYNN

Wynn Resorts

$90.72

-11.27 (-11.05%)

MPEL

Melco Crown

$16.87

-2.68 (-13.71%)

03/08/13
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AAL

American Airlines

$48.05

-0.6 (-1.23%)

08:06
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Hot Stocks
American Airlines reports Nov. traffic down 0.2% »

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