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KBR

KBR

$16.87

0.615 (3.78%)

, APD

Air Products

$139.30

1.34 (0.97%)

10:12
11/21/16
11/21
10:12
11/21/16
10:12

On The Fly: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. KBR (KBR) upgraded to Buy from Neutral at MKM Partners with analyst Daniel Scott saying the new business mix emphasizing government services and technology de-risks the model and warrants a re-rating. 2. Air Products (APD) upgraded to Buy from Hold at Argus with analyst Bill Selesky citing the spinoff of the company's Electronic Materials division, the forthcoming sale of its Performance Materials division, and other restructuring actions it has taken over the last year. 3. Fossil (FOSL) upgraded to Neutral from Underweight at Piper Jaffray with analyst Erinn Murphy saying the company has an opportunity to cut costs and its potential with hybrid watches is being underappreciated. 4. HSBC (HSBC) upgraded to Market Perform from Underperform at Bernstein. 5. Leidos (LDOS) upgraded to Outperform from Neutral at Credit Suisse with analyst Robert Springarn saying he sees further upside for Leidos driven by the IS&GS acquisition from cost synergies, deleveraging, and potential revenue synergies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

KBR

KBR

$16.87

0.615 (3.78%)

APD

Air Products

$139.30

1.34 (0.97%)

FOSL

Fossil

$34.33

-0.52 (-1.49%)

HSBC

HSBC

$39.39

0.365 (0.94%)

LDOS

Leidos

$49.10

0.74 (1.53%)

  • 29

    Nov

KBR KBR
$16.87

0.615 (3.78%)

11/21/16
MKMP
11/21/16
UPGRADE
Target $21
MKMP
Buy
KBR upgraded to Buy from Neutral on rebranding efforts at MKM Partners
MKM Partners analyst Daniel Scott upgraded KBR to Buy and raised its price target to $21 from $15 saying the new business mix emphasizing government services and technology de-risks the model and warrants a re-rating of the valuation methodology.
11/21/16
MKMP
11/21/16
UPGRADE
MKMP
Buy
KBR upgraded to Buy from Neutral at MKM Partners
11/17/16
11/17/16
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. Microsoft (MSFT) upgraded to Buy from Neutral at Goldman with analyst Heather Bellini saying Azure is the number two market share vendor in the cloud space, and has grown 100% or more year-over-year eight of the last 10 quarters. 2. Time Warner (TWX) upgraded to Buy from Sell at MoffettNathanson. 3. First Solar (FSLR) upgraded at JMP Securities with analyst Joseph Osha citing valuation. 4. KBR (KBR) upgraded to Buy from Neutral at BofA Merrill Lynch with analyst Anna Kaminskaya saying she expects structurally higher defense spending to drive a re-rating in KBR and sees less risk of cost overruns in the E&C business given lower reliance on fixed priced contracts and diversification into smaller sized service projects. 5. Liberty Interactive (QVCA) upgraded to Buy from Neutral at BofA Merrill Lynch with analyst Heather Balsky saying she has increased confidence in a return to positive US sales growth and expects multiple expansion as sales improve. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/17/16
11/17/16
UPGRADE
Target $20

Buy
KBR upgraded to Buy on valuation, defense spending at BofA/Merrill
As previously reported, BofA/Merrill upgraded KBR to Buy from Neutral and raised its price target to $20 from $16. Analyst Anna Kaminskaya expects structurally higher defense spending to drive a re-rating in KBR and sees less risk of cost overruns in the E&C business given lower reliance on fixed priced contracts and diversification into smaller sized service projects.
APD Air Products
$139.30

1.34 (0.97%)

09/30/16
ATLE
09/30/16
UPGRADE
ATLE
Neutral
Air Products upgraded to Neutral from Underweight at Atlantic Equities
09/23/16
JEFF
09/23/16
INITIATION
Target $26
JEFF
Hold
Versum Materials initiated with a Hold at Jefferies
Jefferies analyst Laurence Alexander started then when issued shares of Versum Materials (VSM) with a Hold rating and $26 price target. The company is being spun off from Air Products (APD).
11/21/16
ARGS
11/21/16
UPGRADE
ARGS
Buy
Air Products upgraded to Buy from Hold at Argus
11/21/16
ARGS
11/21/16
UPGRADE
ARGS
Buy
Air Products upgraded on postive moves at Argus
As noted earlier, Argus upgraded Air Products to Buy from Hold. As reasons for the upgrade, analyst Bill Selesky cited the spinoff of the company's Electronic Materials division, the forthcoming sale of its Performance Materials division, and other restructuring actions it has taken over the last year. Going forward, he expects the company to use the proceeds from asset sales to make "small to medium-sized acquisitions" and carry out stock buybacks and dividend increases. Target $159.
FOSL Fossil
$34.33

-0.52 (-1.49%)

11/16/16
11/16/16
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. Disney (DIS) upgraded to Buy from Hold at Deutsche Bank with analyst Bryan Kraft citing increased confidence in the company's outlook for 2017. 2. Fitbit upgraded to Sector Weight from Underweight at Pacific Crest with analyst Brad Erickson citing valuation. 3. Copa Holdings (CPA) upgraded to Buy from Neutral at Goldman with analyst Marcio Prado saying Copa is well positioned for an expected recovery cycle given more rationalized sector capacity and improved yields, and structural advantages. 4. Fossil upgraded to Overweight from Underweight at Pacific Crest with analyst Edward Yruma saying he expects the company to benefit from continuing "strong momentum in wearables." 5. Juniper (JNPR) upgraded to Conviction Buy from Buy at Goldman with analyst Simona Jankowski saying she expects new switching products to drive top and bottom-line growth in 2017 and views valuation as attractive. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/21/16
PIPR
11/21/16
UPGRADE
Target $32
PIPR
Neutral
Fossil upgraded to Neutral from Underweight at Piper Jaffray
Piper Jaffray analyst Erinn Murphy upgraded Fossil Group to Neutral and raised her price target for the shares to $32 from $23 after meeting with management. The company has opportunity to cut costs and its potential with hybrid watches is being underappreciated, Murphy tells investors in a research note.
10/31/16
10/31/16
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. Ford (F) upgraded to Neutral from Underperform at Daiwa. 2. Chevron (CVX) upgraded to Conviction Buy from Neutral at Goldman with analyst Neil Mehta saying that after a decade of relatively flat production, the company is positioned for "strong volume improvement." 3. Fossil (FOSL) upgraded to Mixed from Negative at OTR Global with the firm saying checks indicate the response to Michael Kors (KORS) watches has been strong. 4. ADTRAN (ADTN) upgraded to Outperform from Market Perform at Northland with analyst Tim Savageaux citing the share pullback over merger concerns of its top customer CenturyLink (CTL). 5. Deere (DE) upgraded to Outperform from Neutral at Baird with analyst Mircea Dobre saying that North American large ag equipment is back to multi-decade lows and there is a sign of demand emerging outside the U.S. and there are meaningful cost savings in the pipeline. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/16/16
PACS
11/16/16
UPGRADE
PACS
Overweight
Fossil upgraded to Overweight from Underweight at Pacific Crest
Pacific Crest analyst Edward Yruma upgraded Fossil as he expects the company to benefit from continuing "strong momentum in wearables." He predicts that wearables will cause the company's financial results to reach a positive turning point, as his checks show that sales of its wearables remain strong. Truma thinks that wearables could generate 50c+ of EPS for Fossil. Target $42.
HSBC HSBC
$39.39

0.365 (0.94%)

11/17/16
NTXS
11/17/16
DOWNGRADE
NTXS
Neutral
HSBC downgraded to Neutral from Buy at Natixis
09/14/16
09/14/16
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. American Airlines (AAL) downgraded to Neutral from Buy at UBS with analyst Darryl Genovesi citing relative outperformance. The analyst raised his price target to $38 from $35. 2. Coach (COH) downgraded on sustainability of turnaround efforts at Morgan Stanley with analyst Kimberly Greenberger saying the company delivered on fiscal 2016 financial targets but the 10-K suggests the turnaround is unsustainable and was achieved in an "unhealthy manner." 3. Freeport McMoRan (FCX) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Evan Kurtz saying risk/reward is skewed to the downside as the stock is now pricing in $2.75/lb copper, above the firm's $2.43 average over the next 3 years. 4. HSBC (HSBC) downgraded to Neutral from Buy at UBS with the firm citing valuation following the recent rise in the shares. 5. Intersil (ISIL) downgraded to Hold from Buy at Deutsche Bank and to Neutral from Buy at B. Riley. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/07/16
SBSH
11/07/16
UPGRADE
SBSH
Buy
HSBC upgraded to Buy from Neutral at Citi
11/21/16
BERN
11/21/16
UPGRADE
BERN
Market Perform
HSBC upgraded to Market Perform from Underperform at Bernstein
Bernstein analyst Chirantan Barua upgraded HSBC Holdings to Market Perform with a $30.83 price target.
LDOS Leidos
$49.10

0.74 (1.53%)

09/06/16
SBSH
09/06/16
INITIATION
Target $47
SBSH
Buy
Leidos resumed with a Buy at Citi
Citi analyst Jason Gursky resumed coverage of Leidos Holdings with a Buy rating and $47 price target.
09/07/16
ARGS
09/07/16
INITIATION
Target $54
ARGS
Buy
Leidos initiated with a Buy at Argus
Argus initiated Leidos with a Buy and $54 price target.
11/21/16
11/21/16
UPGRADE
Target $57

Outperform
Leidos upgraded to Outperform on acquisition upside at Credit Suisse
As previously reported, Credit Suisse upgraded Leidos to Outperform from Neutral and raised its price target to $57 from $40.50. Analyst Robert Springarn sees further upside for Leidos driven by the IS&GS acquisition from cost synergies, deleveraging, and potential revenue synergies.
11/21/16
FBCO
11/21/16
UPGRADE
FBCO
Outperform
Leidos upgraded to Outperform from Neutral at Credit Suisse

TODAY'S FREE FLY STORIES

TIF

Tiffany

$92.31

0.52 (0.57%)

06:38
06/27/17
06/27
06:38
06/27/17
06:38
Recommendations
Tiffany analyst commentary  »

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MU

Micron

$32.50

0.77 (2.43%)

06:36
06/27/17
06/27
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06/27/17
06:36
Hot Stocks
Micron exploring sale of discontinued Lexar business »

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  • 29

    Jun

  • 29

    Aug

MON

Monsanto

$117.80

0.78 (0.67%)

06:33
06/27/17
06/27
06:33
06/27/17
06:33
Downgrade
Monsanto rating change  »

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  • 28

    Jun

FMSA

Fairmount Santrol

$3.68

-0.05 (-1.34%)

06:32
06/27/17
06/27
06:32
06/27/17
06:32
Downgrade
Fairmount Santrol rating change  »

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AGO

Assured Guaranty

$41.55

0.9 (2.21%)

06:32
06/27/17
06/27
06:32
06/27/17
06:32
Hot Stocks
S&P affirms Assured Guaranty's AA financial strength ratings with stable outlook »

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FET

Forum Energy

06:32
06/27/17
06/27
06:32
06/27/17
06:32
Downgrade
Forum Energy rating change  »

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SLB

Schlumberger

$65.89

-0.04 (-0.06%)

06:32
06/27/17
06/27
06:32
06/27/17
06:32
Downgrade
Schlumberger rating change  »

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  • 21

    Jul

HP

Helmerich & Payne

$53.16

0.42 (0.80%)

06:32
06/27/17
06/27
06:32
06/27/17
06:32
Downgrade
Helmerich & Payne rating change  »

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SPN

Superior Energy

$9.78

0.04 (0.41%)

06:31
06/27/17
06/27
06:31
06/27/17
06:31
Downgrade
Superior Energy rating change  »

Superior Energy…

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03/06/13
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NBR

Nabors Industries

$7.93

0.06 (0.76%)

06:31
06/27/17
06/27
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06/27/17
06:31
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Nabors Industries rating change  »

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BHI

Baker Hughes

$53.70

-0.29 (-0.54%)

06:31
06/27/17
06/27
06:31
06/27/17
06:31
Downgrade
Baker Hughes rating change  »

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PI

Impinj

$59.37

0.58 (0.99%)

06:31
06/27/17
06/27
06:31
06/27/17
06:31
Downgrade
Impinj rating change  »

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GEF

Greif

$55.51

-0.1 (-0.18%)

06:29
06/27/17
06/27
06:29
06/27/17
06:29
Conference/Events
Greif to host investor breakfast day »

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  • 28

    Jun

UAA

Under Armour

$21.56

0.36 (1.70%)

, UA

Under Armour

$19.92

0.27 (1.37%)

06:27
06/27/17
06/27
06:27
06/27/17
06:27
Recommendations
Under Armour, Under Armour, Kohl's, Nike, adidas analyst commentary  »

Under Armour still…

UAA

Under Armour

$21.56

0.36 (1.70%)

UA

Under Armour

$19.92

0.27 (1.37%)

KSS

Kohl's

$37.52

0.49 (1.32%)

NKE

Nike

$53.28

0.43 (0.81%)

ADDYY

adidas

$94.38

-0.015 (-0.02%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 29

    Jun

LYV

Live Nation

$34.86

0.02 (0.06%)

06:20
06/27/17
06/27
06:20
06/27/17
06:20
Recommendations
Live Nation analyst commentary  »

Live Nation price target…

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03/06/13
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03/06/13
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HLT

Hilton

$65.23

-0.17 (-0.26%)

, CHH

Choice Hotels

$66.25

-0.45 (-0.67%)

06:17
06/27/17
06/27
06:17
06/27/17
06:17
Recommendations
Hilton, Choice Hotels, Hyatt, Marriott analyst commentary  »

Deutsche…

HLT

Hilton

$65.23

-0.17 (-0.26%)

CHH

Choice Hotels

$66.25

-0.45 (-0.67%)

H

Hyatt

$58.09

0.39 (0.68%)

MAR

Marriott

$103.93

-0.13 (-0.12%)

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

    Jun

GOOGL

Alphabet Class A

$972.09

-14 (-1.42%)

06:14
06/27/17
06/27
06:14
06/27/17
06:14
Technical Analysis
Technical View: Alphabet Class A falls after EU fine, potential bearish pattern »

The shares were last down…

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OSUR

OraSure

$15.72

0.17 (1.09%)

06:10
06/27/17
06/27
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06/27/17
06:10
Hot Stocks
OraSure's HIV self-test supported by Gates Foundation for accelerated adoption »

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  • 30

    Jul

BABA

Alibaba

$142.73

-0.28 (-0.20%)

06:09
06/27/17
06/27
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06/27/17
06:09
Initiation
Alibaba initiated  »

Alibaba resumed with…

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  • 28

    Jun

RDWR

Radware

$17.94

-0.04 (-0.22%)

06:06
06/27/17
06/27
06:06
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06:06
Hot Stocks
Radware granted ISO27017 and ISO27018 cloud services certifications »

Radware has achieved…

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  • 12

    Jul

  • 13

    Jul

GRPN

Groupon

$3.45

-0.02 (-0.58%)

06:06
06/27/17
06/27
06:06
06/27/17
06:06
Recommendations
Groupon analyst commentary  »

Groupon trading well…

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GDS

GDS Holdings

$8.83

-0.22 (-2.43%)

, BABA

Alibaba

$142.73

-0.28 (-0.20%)

06:05
06/27/17
06/27
06:05
06/27/17
06:05
Hot Stocks
GDS Holdings announces new order from Alibaba for Beijing 3 data center »

GDS Holdings (GDS)…

GDS

GDS Holdings

$8.83

-0.22 (-2.43%)

BABA

Alibaba

$142.73

-0.28 (-0.20%)

03/08/13
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03/06/13
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  • 28

    Jun

MCK

McKesson

$167.61

0.65 (0.39%)

06:04
06/27/17
06/27
06:04
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06:04
Conference/Events
McKesson to host investor day »

Investor Day to be held…

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  • 28

    Jun

  • 26

    Jul

  • 30

    Jul

INFO

IHS Markit

$46.40

-0.15 (-0.32%)

06:04
06/27/17
06/27
06:04
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06:04
Earnings
IHS Markit sees FY17 adjusted EPS $2.02-$2.08, consensus $2.06 »

Sees FY17 revenue…

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  • 27

    Jun

UCBI

United Community Banks

$26.70

0.22 (0.83%)

, FOFN

Four Oaks Fincorp

$15.18

0.4 (2.71%)

06:03
06/27/17
06/27
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06:03
Hot Stocks
United Community, Banks Four Oaks Fincorp announce merger agreement »

Community Banks (UCBI)…

UCBI

United Community Banks

$26.70

0.22 (0.83%)

FOFN

Four Oaks Fincorp

$15.18

0.4 (2.71%)

03/08/13
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03/06/13
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03/06/13
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