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CTSH

Cognizant

$53.25

1.39 (2.68%)

, SWN

Southwestern Energy

$12.17

0.6991 (6.10%)

09:55
11/28/16
11/28
09:55
11/28/16
09:55

Early notable gainers among liquid option names on November 28th

Notable gainers among liquid option names this morning include Cognizant (CTSH) $58.13 +4.88, Southwestern Energy (SWN) $11.99 +0.54, NRG Energy (NRG) $11.28 +0.33, First Solar (FSLR) $31.33 +0.73, and UDR (UDR) $34.20 +0.70.

CTSH

Cognizant

$53.25

1.39 (2.68%)

SWN

Southwestern Energy

$12.17

0.6991 (6.10%)

NRG

NRG Energy

$11.15

0.2 (1.83%)

FSLR

First Solar

$30.60

0.82 (2.75%)

UDR

UDR, Inc.

$34.25

0.73 (2.18%)

  • 28

    Nov

  • 29

    Nov

CTSH Cognizant
$53.25

1.39 (2.68%)

11/23/16
WBLR
11/23/16
DOWNGRADE
WBLR
Market Perform
Cognizant downgraded to Market Perform from Outperform at William Blair
William Blair analyst Anil Doradla downgraded Cognizant Technology Solutions to Market Perform.
11/23/16
WBLR
11/23/16
DOWNGRADE
WBLR
Market Perform
Cognizant downgraded to Market Perform from Outperform at William Blair
William Blair analyst Anil Doradla downgraded Cognizant Technology Solutions to Market Perform from Outperform. After visiting India, the analyst is concerned that Cognizant will be affected by structural changes within the services industry. The newest headwind to the industry is related to the potential policy changes under President-elect Trump, Doradla tells investors in a research note. Further, the analyst is disappointed by the company's lack of capital returns to shareholders. He also expects Cognizant's growth will continue decelerating from 2016 through 2018. In pre-market trading, the shares are down 53c to $52.65.
10/31/16
KEYB
10/31/16
NO CHANGE
KEYB
Cognizant should report upbeat earnings, says KeyBanc
KeyBanc says that Cognizant can increase investor confidence by "clarifying the impact from potential FCPA violations and President Gordon Coburn's abrupt departure." The firm thinks that the company's negative comments and lowered guidance are priced into the stock at current levels. It believes that the set-up for the company heading into its Q3 results is positive. The firm reiterates a $67 price target and an Overweight rating on the shares.
11/22/16
BOFA
11/22/16
DOWNGRADE
BOFA
Underperform
Cognizant downgraded two notches to Underperform at BofA/Merrill
BofA/Merrill analyst David Ridley-Lane downgraded Cognizant two notches to Underperform from Buy and lowered its price target to $48 from $66. The analyst sees risks from potential immigration reform under a Trump administration and a slower growth profile. Further, Ridley-Lane said revenue growth at Cognizant's largest customers has stalled and views a reacceleration of growth in 2017 as unlikely.
SWN Southwestern Energy
$12.17

0.6991 (6.10%)

11/28/16
BMOC
11/28/16
UPGRADE
BMOC
Outperform
Southwestern Energy upgraded to Outperform from Market Perform at BMO Capital
11/28/16
BMOC
11/28/16
UPGRADE
BMOC
Outperform
Southwestern Energy upgraded on valuation, potential gas upturn at BMO Capital
As noted earlier, BMO Capital upgraded Southwestern Energy to Outperform from Market Perform. Analyst Dan McSpirit upgraded the stock based on valuation and his belief that the natural gas supply/demand balance could improve. Target $18.
10/05/16
MZHO
10/05/16
INITIATION
Target $20
MZHO
Buy
Southwestern Energy initiated with a Buy at Mizuho
Mizuho analyst Timothy Rezvan initiated Southwestern Energy with a Buy and a $20 price target.
11/10/16
KLRG
11/10/16
UPGRADE
Target $14
KLRG
Buy
Southwestern Energy upgraded to Buy from Accumulate at KLR Group
KLR Group analyst John Gerdes upgraded Southwestern Energy to Buy citing valuation with the shares down over 30% in the past month. The analyst keeps a $14 price target for the shares.
NRG NRG Energy
$11.15

0.2 (1.83%)

11/14/16
UBSW
11/14/16
UPGRADE
Target $12
UBSW
Neutral
NRG Energy upgraded to Neutral from Sell at UBS
UBS analyst Julien Dumoulin-Smith upgraded NRG Energy to Neutral citing the company's lower leverage and "more stable" cash flows relative to peers. The analyst keeps a $12 price target for the shares.
11/22/16
BOFA
11/22/16
DOWNGRADE
BOFA
Neutral
NRG Energy downgraded to Neutral from Buy at BofA/Merrill
11/22/16
BOFA
11/22/16
DOWNGRADE
Target $12
BOFA
Neutral
NRG Energy downgraded to Neutral on limited upside at BofA/Merrill
As previously reported, BofA/Merrill downgraded NRG Energy to Neutral from Buy and lowered its price target to $12 from $15. Analyst Brian Chin sees greater risk to utility valuations based on an increased inflationary view. BofA/Merrill now expects the 10 year Treasury yield to be 2.65% by year end 2017, resulting in 8% downside risk to utility valuations, and as much as 17% downside risk if the yield rises to 3%, the analyst wrote.
11/22/16
11/22/16
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. Kate Spade (KATE) downgraded to Market Perform from Outperform at Cowen with analyst Oliver Chen saying he continues to believe the company has a healthy distribution footprint but he is cautious on both outlet and tourism pressure, a tepid handbag environment, and the potential for 2017 estimates to be too high. 2. Headwaters (HW) downgraded to Hold from Buy at SunTrust and to Neutral from Buy at DA Davidson. 3. Duke Energy (DUK), Entergy (ETR), AES Corp. (AES), and Portland General Electric (POR) were downgraded to Underperform from Neutral at BofA Merrill Lynch, while the firm downgraded NRG Energy (NRG) and PPL Corp. (PPL) to Neutral from Buy. 4. Canadian Solar (CSIQ) downgraded to Market Perform from Outperform at FBR Capital and to Neutral from Buy at Roth Capital. 5. C.H. Robinson (CHRW) downgraded to Hold from Buy at Stifel with analyst John Larkin 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.
FSLR First Solar
$30.60

0.82 (2.75%)

11/23/16
11/23/16
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. CBS (CBS) downgraded to Market Perform from Outperform at BMO Capital with analyst Daniel Salmon citing valuation and his belief that the shares will soon begin to trade based on a potential deal with Viacom (VIA, VIAB). 2. Abercrombie & Fitch (ANF) downgraded to Sell from Hold at Deutsche Bank with analyst Tiffany Kanaga saying the Abercrombie brand turnaround is yet to gain traction. 3. Twitter (TWTR) downgraded to Negative from Mixed at OTR Global. 4. HP Inc. (HPQ) downgraded to Hold from Buy at Jefferies with analyst James Kisner citing valuation and secular challenges for the downgrade. 5. First Solar (FSLR) downgraded to Neutral from Outperform at Macquarie with analyst Gurpreet Gujral citing a lack of catalysts after the company canceled the Series 5 product that was originally scheduled to launch in 2017. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/23/16
MACQ
11/23/16
DOWNGRADE
Target $32.75
MACQ
Neutral
First Solar downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Gurpreet Gujral downgraded First Solar to Neutral citing a lack of catalysts after the company canceled the Series 5 product that was originally scheduled to launch in 2017. Pulling forward the launch of its Series 6 product to mid-2018 from 2019 is positive for investors in the long term, but First Solar shares lack a catalyst over the nearer term, Gujral tells investors in a research note. The analyst cut his price target for the shares to $32.75 from $57.33. First Solar closed yesterday up 28c to $29.66.
11/18/16
11/18/16
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. Wells Fargo (WFC) downgraded to Underperform from Market Perform at BMO Capital with analyst James Fotheringham saying that the shares don't reflect the impact of its "recent cross-selling issues." 2. Gap (GPS) downgraded to Sell from Neutral at Citi with analyst Paul Lejuez citing expectations that the company's brands will continue to struggle. 3. Citi (C) downgraded to Neutral from Outperform at Macquarie with analyst David Konrad saying investors should shift exposure to names that have more leverage to capital markets and increased economic activity and away from global banks. 4. Torchmark (TMK) downgraded to Underperform from Neutral at BofA/Merrill with analyst Seth Weiss citing relative valuation. 5. First Solar (FSLR) downgraded to Sell from Neutral at UBS with analyst Julien Dumoulin-Smith saying the recently issued 2017 guidance "is not the trough in expectations." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/18/16
ROTH
11/18/16
NO CHANGE
Target $27
ROTH
Neutral
First Solar price target lowered to $27 from $33 at Roth Capital
Roth Capital analyst Philip Shen lowered his price target for First Solar to $27 from $33 given the uncertainty around earnings power for an extended period of time. The analyst notes that 2017 and the first half of 2018 will represent a transition period with much lower than expected earnings power as the company takes Series 4 capacity offline. He reiterates a Neutral rating on the shares.
UDR UDR, Inc.
$34.25

0.73 (2.18%)

08/25/16
BTIG
08/25/16
INITIATION
Target $42
BTIG
Buy
UDR, Inc. initiated with a Buy at BTIG
BTIG analyst James Sullivan initiated UDR with a Buy and $42 price target. Sullivan said UDR's portfolio mix of primary and secondary markets and moderate price points has outperformed in a deceleration cycle and expects SSNOI to outperform.
11/28/16
EVER
11/28/16
UPGRADE
Target $38
EVER
Buy
UDR, Inc. upgraded to Buy from Hold at Evercore ISI
Evercore ISI analysts led by Steve Sakwa upgraded UDR, Inc. to Buy primarily due to valuation following recent apartment sector underperformance and raised its price target to $38 from $37.
10/25/16
BMOC
10/25/16
DOWNGRADE
BMOC
Market Perform
UDR, Inc. downgraded to Market Perform from Outperform at BMO Capital
10/25/16
BMOC
10/25/16
DOWNGRADE
BMOC
Market Perform
UDR, Inc. downgraded on multi-family outlook at BMO Capital
As noted earlier, BMO Capital downgraded UDR, Inc to Market Perform from Outperform. Analyst John Kim says that the growth of multifamily rentals is continuing to decelerate, placing the company's 2016-2017 guidance under pressure. Target to $35 from $38.

TODAY'S FREE FLY STORIES

KMX

CarMax

$68.84

0.17 (0.25%)

, FINL

Finish Line

$9.22

-0.21 (-2.23%)

20:25
09/21/17
09/21
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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KMX

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HPE

HP Enterprise

$13.79

0.16 (1.17%)

18:47
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Periodicals
HP Enterprise planning approximately 5,000 job cuts, Bloomberg reports »

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RP

RealPage

$39.35

-0.1 (-0.25%)

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RealPage expects $3M-$4M of renter's insurance claims from hurricanes »

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HPE

HP Enterprise

$13.79

0.16 (1.17%)

18:39
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Periodicals
Breaking Periodicals news story on HP Enterprise »

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  • 07

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YUM

Yum! Brands

$76.48

0.11 (0.14%)

18:37
09/21/17
09/21
18:37
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18:37
Conference/Events
Yum! Brands management to meet with JPMorgan »

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  • 27

    Sep

MAR

Marriott

$107.57

-0.12 (-0.11%)

18:32
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09/21
18:32
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18:32
Conference/Events
Marriott management to meet with JPMorgan »

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  • 27

    Sep

ESPGY

Esprit Holdings

$1.21

0.018 (1.51%)

18:29
09/21/17
09/21
18:29
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18:29
Conference/Events
Esprit Holdings management to meet with JPMorgan »

Meeting to be held in…

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  • 27

    Sep

BA

Boeing

$256.04

0.58 (0.23%)

18:18
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09/21
18:18
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Hot Stocks
Boeing: Turkish Airlines announces intent to order 40 787-9 Dreamliners »

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  • 23

    Sep

M

Macy's

$21.16

-0.32 (-1.49%)

18:18
09/21/17
09/21
18:18
09/21/17
18:18
Conference/Events
Macy's management to meet with JPMorgan »

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  • 26

    Sep

  • 27

    Sep

TAHO

Tahoe Resources

$5.60

0.02 (0.36%)

18:12
09/21/17
09/21
18:12
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18:12
Hot Stocks
Tahoe Resources raises 2017 gold operations view to 400K-500K »

Tahoe Resources updated…

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ATKR

Atkore

$18.42

0.02 (0.11%)

18:11
09/21/17
09/21
18:11
09/21/17
18:11
Conference/Events
Atkore management to meet with JPMorgan »

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  • 26

    Sep

YOGA

YogaWorks

$4.00

-0.04 (-0.99%)

, TXN

Texas Instruments

$86.05

0.22 (0.26%)

18:11
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09/21
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18:11
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

YOGA

YogaWorks

$4.00

-0.04 (-0.99%)

TXN

Texas Instruments

$86.05

0.22 (0.26%)

PSDO

Presidio

$13.95

-0.06 (-0.43%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

03/08/13
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  • 21

    Sep

  • 21

    Sep

FTR

Frontier Communications

$11.69

-0.31 (-2.58%)

18:10
09/21/17
09/21
18:10
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18:10
Hot Stocks
Frontier Communications operations in Florida return to near-normal levels »

Daily operations for…

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PLYA

Playa Hotels & Resorts

$10.66

-0.06 (-0.56%)

18:07
09/21/17
09/21
18:07
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18:07
Hot Stocks
Playa Hotels & Resorts reports no significant damage from Maria »

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  • 08

    Nov

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

, VSAR

Versartis

$21.60

-0.25 (-1.14%)

18:07
09/21/17
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Hot Stocks
Ascendis spikes higher after Versartis Velocity trial fails to meet endpoint »

Shares of Ascendis Pharma…

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

03/08/13
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CE

Celanese

$103.90

-0.04 (-0.04%)

18:04
09/21/17
09/21
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Hot Stocks
Celanese increases price of acetyl intermediates »

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DNOW

NOW Inc.

$12.98

0.1 (0.78%)

18:03
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Conference/Events
NOW Inc. management to meet with JPMorgan »

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  • 25

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  • 01

    Nov

JOBS

51job

$58.50

0.01 (0.02%)

18:02
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Hot Stocks
51job announces strategic investment in Lagou »

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HES

Hess Corp.

$43.63

0.17 (0.39%)

17:53
09/21/17
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17:53
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17:53
Conference/Events
Hess Corp. management to meet with JPMorgan »

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  • 25

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    Sep

APC

Anadarko

$48.49

3.68 (8.21%)

17:43
09/21/17
09/21
17:43
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17:43
Recommendations
Anadarko analyst commentary at MUFG »

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  • 27

    Sep

HCC

Warrior Met Coal

$23.28

-1.05 (-4.32%)

17:42
09/21/17
09/21
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17:42
Hot Stocks
Warrior Met Coal receives favorable IRS private letter ruling »

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MAA

MAA

$107.27

-0.03 (-0.03%)

17:35
09/21/17
09/21
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17:35
Hot Stocks
MAA announces estimated impact of Hurricanes Irma and Harvey »

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NOC

Northrop Grumman

$280.42

0.38 (0.14%)

17:31
09/21/17
09/21
17:31
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17:31
Hot Stocks
Northrop Grumman awarded $124.7M government contract »

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GD

General Dynamics

$205.72

1.45 (0.71%)

17:29
09/21/17
09/21
17:29
09/21/17
17:29
Hot Stocks
General Dynamics Electric Boat awarded $5B government contract »

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AAN

Aaron's

$38.83

-0.39 (-0.99%)

17:19
09/21/17
09/21
17:19
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17:19
Hot Stocks
Aaron's provides update on impact of Hurricane Irma »

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