Breaking News Instant updates and real-time market news.

RRC

Range Resources

$37.29

0.92 (2.53%)

, PES

Pioneer Energy

$4.90

0.3 (6.52%)

09:55
11/30/16
11/30
09:55
11/30/16
09:55

Jefferies to hold a conference

2016 Energy Conference is being held in Houston, Texas on November 29-30 with webcasted company presentations to begin on November 30 at 10:00 am; not all company presentations may be webcasted. Webcast Link

RRC

Range Resources

$37.29

0.92 (2.53%)

PES

Pioneer Energy

$4.90

0.3 (6.52%)

RNET

RigNet

$16.80

0.1 (0.60%)

BHI

Baker Hughes

$62.74

2.26 (3.74%)

CVX

Chevron

$112.11

2.765 (2.53%)

RDC

Rowan Companies

$16.98

1.48 (9.55%)

NFX

Newfield Exploration

$42.22

3.12 (7.98%)

FET

Forum Energy

$21.25

2.15 (11.26%)

SND

Smart Sand

$12.18

-0.21 (-1.69%)

TKPPY

Technip

$16.49

-0.105 (-0.63%)

SWN

Southwestern Energy

$12.00

0.4055 (3.50%)

BRS

Bristow Group

$14.79

1.13 (8.27%)

FTK

Flotek

$13.18

1.39 (11.79%)

NE

Noble Corp.

$6.04

0.701 (13.13%)

NBL

Noble Energy

$36.58

1.9146 (5.52%)

CEQP

Crestwood Equity

$21.80

1.15 (5.57%)

  • 30

    Nov

  • 06

    Dec

  • 08

    Dec

  • 13

    Dec

RRC Range Resources
$37.29

0.92 (2.53%)

10/07/16
JPMS
10/07/16
UPGRADE
Target $46
JPMS
Overweight
Range Resources upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Arun Jayaram upgraded Range Resources to Overweight saying the recent underperformance of the shares creates an attractive risk/reward opportunity. Range has a "structurally advantaged position" at the low-end of the cost curve in the Marcellus and Northern Louisiana with a "vast inventory of undrilled locations," Jayaram tells investors in a research note. The analyst lowered his price target for the shares to $46 from $48.
09/28/16
MITR
09/28/16
INITIATION
Target $47
MITR
Buy
Range Resources coverage assumed with a Buy at GMP Securities
GMP Securities analyst Karl Chalabala assumed coverage on Range Resources with a Buy and a $47 price target.
10/31/16
GSCO
10/31/16
UPGRADE
Target $47
GSCO
Conviction Buy
Range Resources upgraded to Conviction Buy from Neutral at Goldman
Goldman analyst Brian Singer upgraded Range Resources to Conviction Buy from Neutral with a $47 price target citing favorable exposure to Henry Hub and NGLs prices, underappreciated production growth, and valuation.
11/17/16
BMOC
11/17/16
UPGRADE
BMOC
Outperform
Range Resources upgraded to Outperform from Market Perform at BMO Capital
PES Pioneer Energy
$4.90

0.3 (6.52%)

09/15/16
DADA
09/15/16
INITIATION
Target $5
DADA
Buy
Pioneer Energy initiated with a Buy at DA Davidson
DA Davidson analyst Sonny Randhawa initiated Pioneer Energy with a Buy and a $5 price target. The analyst expects earnings will bottom in 2016 and exhibit above-average earnings momentum through 2018 driven by its leading position in contract drilling and production services.
11/02/16
RAJA
11/02/16
UPGRADE
RAJA
Market Perform
Pioneer Energy upgraded to Market Perform from Underperform at Raymond James
09/30/16
09/30/16
UPGRADE
Target $5

Buy
Pioneer Energy upgraded to Buy at Seaport Global
As previously reported, Seaport Global upgraded Pioneer Energy to Buy from Neutral with a $5 price target on shares. Analyst Mark Brown came away from speaking with management that Pioneer is a good way to play a NAM market recovery. Management feels that it is in the early stages of a recovery this year and expects better comps in 2017 vs. 2016 and in 2018 vs. 2017. Over the second half of 2016, Brown believes Pioneer Energy is well positioned to participate in a moderate US-led shale market improvement at $45-$50/bbl oil prices. If WTI surpasses $50/bbl, then it would likely result in an increased pace of the recovery, the analyst wrote.
09/30/16
GHSC
09/30/16
UPGRADE
GHSC
Buy
Pioneer Energy upgraded to Buy from Neutral at Seaport Global
Seaport analyst Mark Brown upgraded Pioneer Energy to Buy from Neutral with a $5 price target on shares.
RNET RigNet
$16.80

0.1 (0.60%)

06/28/16
SIDC
06/28/16
UPGRADE
SIDC
Buy
RigNet upgraded to Buy from Neutral at Sidoti
Sidoti analyst Allen Klee upgraded RigNet to Buy based on expectations oil markets are more likely to balance by year end and sees opportunities to expand verticals under the new CEO. Klee maintained his $14 price target on RigNet shares.
BHI Baker Hughes
$62.74

2.26 (3.74%)

11/29/16
WELS
11/29/16
NO CHANGE
WELS
Baker Hughes merger looking 'more favorable,' says Wells Fargo
After further analyzing the merger between Baker Hughes (BHI) and GE's (GE) Oil & Gas unit, Wells Fargo has become more upbeat about the new company's outlook. Specifically, it contends that the new company "has a higher percentage of relatively stable aftermarket service revenue than the market appreciates... along with less-volatile revenue streams and higher margins from Digital Solutions and Downstream Technology." The firm is upbeat about the combined company's longer term outlook, and it thinks that the company's cost synergies will come in above expectations. Wells raised its price target range on Baker Hughes to $69-$71 and keeps an Outperform rating on the stock.
11/21/16
SUSQ
11/21/16
NO CHANGE
Target $70
SUSQ
Positive
Baker Hughes price target raised to $70 from $64 at Susquehanna
Susquehanna analyst Charles Minervino raised his price target on Baker Hughes (BHI) to $70 from $64 as he believes the share price is still not adequately reflecting the premium paid by General Electric (GE). He believes the assumptions laid out by GE in its presentation to sell the deal were conservative. Minervino reiterated his Positive rating on Baker Hughes shares.
11/01/16
11/01/16
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. MasterCard (MA) downgraded to Neutral from Buy at Guggenheim. 2. L Brands (LB) downgraded to Neutral from Buy at Mizuho with analyst Betty Chen saying the company's third quarter earnings per share miss "demonstrates the severity of the challenges" it's facing, and she believes that its outlook is "cloudy." 3. GoDaddy (GDDY) downgraded to Neutral from Buy at Monness Crespi with analyst James Cakmak citing valuation and saying he sees limited upside to estimates but expects another solid quarter. 4. Baker Hughes (BHI) downgraded to Outperform from Strong Buy at Raymond James. 5. Level 3 (LVLT) downgraded to Neutral from Buy at Goldman, to Sector Perform from Outperform at RBC Capital, and to Hold from Buy at Jefferies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/01/16
11/01/16
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. Chevron (CVX) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Evan Calio saying he believes Chevron is differentiated and has the largest free cash flow inflection in 2017-2019 from project start-ups, primarily Wheatstone and Gorgon, driving production growth to 16%, has the best short-cycle opportunity globally, particularly in the Permian,and has higher oil leverage into a cyclical price recovery. 2. Baker Hughes (BHI) upgraded to Neutral from Underweight at Atlantic Equities. 3. Johnson Controls (JCI) upgraded to Conviction Buy from Buy at Goldman with analyst Joe Ritchie saying he believes Johnson's fundamentals are improving, cost savings should support EBIT growth, and valuation is inexpensive. 4. Brocade upgraded to Outperform on potential takeover at RBC Capital with analyst Mitch Steves saying he believes Brocade makes sense as a strategic asset to the right operator and would be mid-single-digit accretive to the acquirer. 5. VMware (VMW) upgraded to Buy from Hold at Summit Redstone. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
CVX Chevron
$112.11

2.765 (2.53%)

11/15/16
11/15/16
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. Fortinet (FTNT) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Melissa Gorham saying she is more constructive on Fortinet heading into fiscal 2017 given the stable demand environment, free cash flow generation, easier comps, and more durable renewals. 2. Advance Auto Parts (AAP) upgraded to Strong Buy from Outperform at Raymond James and to Positive from Neutral at Susquehanna following the company's quarterly report. 3. Chevron (CVX) upgraded to Buy from Outperform at CLSA while the firm also upgraded EOG Resources (EOG) to Outperform from Underperform. 4. Harley-Davidson (HOG) upgraded to Sector Perform from Underperform at RBC Capital with analyst Joseph Spak saying that risks to the company's growth have dissipated, partly due to the potential of President-elect Trump's policies to spark increased consumer spending. 5. Cheesecake Factory (CAKE) upgraded to Buy from Hold at Argus with analyst John Staszak saying investors should be attracted to Cheesecake by its dividend hikes, share repurchases, and ability to open new stores while generating consistent comparable sales growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/15/16
LYON
11/15/16
UPGRADE
Target $127
LYON
Buy
Chevron upgraded to Buy on short-cycle emphasis at CLSA
As previously reported, CLSA upgraded Chevron to Outperform and increased its price target to $127 from $118. Analyst Asit Sen said Chevron's strategic shift towards its short-cycle business is a "game changer" He believes the Permian Q3 update was just the beginning and expects short-cycle to be +15% of total 2020 production.
11/21/16
OPCO
11/21/16
NO CHANGE
OPCO
Oppenheimer recommends buying Technology, Energy ahead of breakout
Oppenheimer analyst Ari Wald says that the S&P 500's bullish reversal of its eight-week downtrend is confirming the start of a year-end rally, and cyclical stocks should be owned given resuming strength in the index's long-term trend. The analyst thinks the current opportunity is to buy Technology and Energy ahead of a breakout, namely Apple (AAPL), Seagate (STX), Skyworks (SWKS), Western Digital (WDC), Apache (APA), Chevron (CVX), Halliburton (HAL), and Helmerich & Payne (HP).
11/15/16
LYON
11/15/16
UPGRADE
LYON
Buy
Chevron upgraded to Buy from Outperform at CLSA
RDC Rowan Companies
$16.98

1.48 (9.55%)

11/03/16
SOCG
11/03/16
UPGRADE
SOCG
Hold
Rowan Companies upgraded to Hold from Sell at Societe Generale
10/07/16
GHSC
10/07/16
DOWNGRADE
Target $15
GHSC
Neutral
Rowan Companies downgraded to Neutral from Buy at Seaport Global
As previously reported, Seaport Global downgraded Rowan to Neutral from Buy. Analyst Mark Brown said shares are fairly valued following recent stock strength and maintained its $15 price target on shares.
10/07/16
GHSC
10/07/16
DOWNGRADE
GHSC
Neutral
Rowan Companies downgraded to Neutral from Buy at Seaport Global
10/03/16
SOCG
10/03/16
DOWNGRADE
Target $11
SOCG
Sell
Rowan Companies downgraded to Sell from Hold at Societe Generale
Societe Generale analyst Edward Muztafago downgraded Rowan to Sell and lowered its price target to $11 from $16 due to a lower earnings outlook from reduced shallow water spending.
NFX Newfield Exploration
$42.22

3.12 (7.98%)

10/31/16
MSCO
10/31/16
INITIATION
Target $52
MSCO
Equal Weight
Newfield Exploration initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Evan Calio initiated Newfield Exploration with an Equal Weight and a $52 price target saying shares appear fairly valued based on cash flow and production outlook.
10/14/16
EVER
10/14/16
DOWNGRADE
Target $52
EVER
Hold
Newfield Exploration downgraded to Hold from Buy at Evercore ISI
Evercore ISI analyst Stephen Richardson downgraded Newfield Exploration to Hold citing more balanced risk/reward and maintained its $52 price target on shares.
08/29/16
WILL
08/29/16
INITIATION
Target $58
WILL
Buy
Newfield Exploration initiated with a Buy at Williams Capital
Williams Capital analyst Gabriele Sorbara started Newfield Exploration with a Buy rating and $58 price target.
11/10/16
SOCG
11/10/16
UPGRADE
SOCG
Buy
Newfield Exploration upgraded to Buy from Hold at Societe Generale
FET Forum Energy
$21.25

2.15 (11.26%)

08/16/16
08/16/16
UPGRADE

On The Fly: Top analyst upgrades
Catch up on today's top analyst upgrades with this list compiled by The Fly: 1. Vipshop (VIPS) was upgraded to Buy from Neutral at BofA/Merrill. 2. Chesapeake (CHK) was upgraded to Equalweight from Underweight and Forum Energy (FET) was upgraded to Overweight from Equalweight at Capital One. 3. Noble Corp. (NE) and Patterson-UTI (PTEN) were upgraded to Neutral from Underperform while Marathon Oil (MRO) and Sasol (SSL) were upgraded to Buy from Neutral at BofA/Merrill. 4. Shenandoah (SHEN) was upgraded to Outperform from Market Perform at Raymond James with analyst Ric Prentiss citing valuation, increased visibility into the future of the combined nTelos (NTLS) and Sprint (S) entity, and expectations of further transactions with Sprint that would expand its wireless coverage footprint and serve as a further catalysts for shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/23/16
LEHM
09/23/16
UPGRADE
Target $23
LEHM
Overweight
Forum Energy upgraded to Overweight from Equal Weight at Barclays
Barclays analyst J. David Anderson upgraded Forum Energy Technologies to Overweight after spending time with the company's CEO Cris Gaut. The company is positioned to benefit from increasing service intensity given its diverse portfolio of activity-based products across drilling, completion, and production, Anderson tells investors in a research note. He raised his price target for the shares to $23 from $19.
10/14/16
COWN
10/14/16
DOWNGRADE
COWN
Market Perform
Forum Energy downgraded to Market Perform from Outperform at Cowen
Cowen analyst Marc Bianchi downgraded Forum Energy to Market Perform due to recent strong stock performance and maintains his $18 price target on shares.
10/05/16
DADA
10/05/16
INITIATION
Target $25
DADA
Buy
Forum Energy initiated with a Buy at DA Davidson
DA Davidson analyst Sonny Radnhawa initiated Forum Energy with a Buy and a $25 price target.
SND Smart Sand
$12.18

-0.21 (-1.69%)

11/30/16
DBAB
11/30/16
INITIATION
Target $15
DBAB
Buy
Smart Sand initiated with a Buy at Deutsche Bank
Deutsche Bank analyst Mike Urban initiated Smart Sand with a Buy and a $15 price target. Urban said Smart Sand's key differentiators are its scale and logistics as its Oakdale mine which, unlike many competitors, was designed with the needs of the modern oil & gas industry in mind and positions it for low cost operation and scalable growth.
11/29/16
GSCO
11/29/16
INITIATION
Target $17
GSCO
Buy
Smart Sand initiated with a Buy at Goldman
Goldman analyst Waqar Syed initiated Smart Sand with a Buy and a $17 price target saying it is the cheapest frac sand stock in the group.
11/29/16
FBCO
11/29/16
INITIATION
Target $14
FBCO
Outperform
Smart Sand at undefinedinitiated with an Outperform at Credit Suisse
Credit Suisse analyst James Wicklund started Smart Sand with an Outperform rating and $14 price target.
11/29/16
11/29/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Smart Sand (SND) was initiated with a Buy at Goldman, an Overweight at Piper Jaffray, an Outperform at Credit Suisse, a Buy at Goldman. 2. Altria Group (MO) resumed with an Equal Weight at Morgan Stanley. 3. Chesapeake Utilities (CPK) initiated with a Market Perform at Wells Fargo. 4. Agios Pharmaceuticals (AGIO) initiated with a Perform at Oppenheimer. 5. Azure Power (AZRE) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
TKPPY Technip
$16.49

-0.105 (-0.63%)

09/19/16
FBCO
09/19/16
INITIATION
FBCO
Outperform
Technip initiated with an Outperform at Credit Suisse
09/21/16
JANY
09/21/16
DOWNGRADE
Target $36
JANY
Neutral
Janney downgrades Clovis with buyout speculation at 'fever pitch'
Janney Capital analyst Roy Buchanan downgraded Clovis Oncology (CLVS) to Neutral from Buy with an increased fair value estimate of $36. Clovis is up 17c to $35.00 in late morning trading. In a research note partially titled, "May Be Right, May Be Crazy - M&A Speculation At Fever Pitch," Buchanan says there is a "finite chance" that Clovis will need to market its PARP inhibitor rucaparib by itself. He believes a late-2016 approval for rucaparib is likely. The analyst attributes his increased fair value estimate to "acquisition optionality." Reports of Takeda's (TKPYY) reserving up to $15B for acquisitions and Medivation's (MDVN) takeout have given Clovis shares a lift, Buchanan tells investors. The analyst adds that rumors surfaced yesterday of potential interest in the company from Eli Lilly (LLY).
06/17/16
LEHM
06/17/16
DOWNGRADE
LEHM
Underweight
Technip downgraded to Underweight from Equal Weight at Barclays
12/10/15
JEFF
12/10/15
NO CHANGE
JEFF
FMC, Technip combination seems plausible, says Jefferies
Jefferies analyst Brad Handler says a combination of FMC Technologies (FTI) and Technip (TKPPY) seems plausible. Reuters last night reported that the two companies were in talks. The analyst calls a merger of equals logical, but adds he has thought of Technip as the logical acquirer. Either way, the value proposition of the combined company in deepwater development is intriguing, Handler tells investors in a research note. Technip overnight denied it was in talks regarding a possible strategic transaction.
SWN Southwestern Energy
$12.00

0.4055 (3.50%)

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.
11/28/16
BMOC
11/28/16
UPGRADE
BMOC
Outperform
Southwestern Energy upgraded to Outperform from Market Perform at BMO Capital
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.
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.
BRS Bristow Group
$14.79

1.13 (8.27%)

06/06/16
LEHM
06/06/16
UPGRADE
Target $20
LEHM
Overweight
Bristow Group upgraded to Overweight from Equal Weight at Barclays
Barclays analyst William Thompson upgraded Bristow Group to Overweight saying sale leasebacks could bridge the company's liquidity shortfall. Bristow has an opportunity to shore up its near-term liquidity while the stock is down 48% year-to-date, Thompson tells investors in a research note. He lowered his price target for the shares to $20 from $22.
08/16/16
SOCO
08/16/16
DOWNGRADE
SOCO
Equalweight
Bristow Group downgraded to Equalweight from Overweight at Capital One
09/01/16
COWN
09/01/16
NO CHANGE
Target $14
COWN
Outperform
Bristow Group liquidity concerns overdone, says Cowen
Cowen analyst Marc Bianchi lowered his price target on Bristow Group to reflect liquidity concerns which remain in the forefront of investors minds. The analyst believes the concerns are overdone, however, as the company has many options including capital expenditure deferrals, sale leasebacks, and $2B in unencumbered assets. Bianchi reiterated his Outperform rating while trimming his price target to $14 from $18 on Bristow Group shares.
11/08/16
LEHM
11/08/16
DOWNGRADE
Target $16
LEHM
Equal Weight
Bristow Group downgraded to Equal Weight from Overweight at Barclays
Barclays analyst William Thompson downgraded Bristow Group to Equal Weight saying he's unable to discount the capital markets risk for the company's refinancing options. The analyst cut his price target for the shares to $16 from $20.
FTK Flotek
$13.18

1.39 (11.79%)

01/20/16
GHSC
01/20/16
UPGRADE
Target $8
GHSC
Speculative Buy
Flotek upgraded to Speculative Buy from Accumulate at Seaport Global
Seaport Global analyst Mark Brown upgraded Flotek to Speculative Buy from Accumulate citing share weakness year-to-date. Brown lowered his price target on Flotek shares to $8 from $10.
01/20/16
01/20/16
UPGRADE

On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AEGON (AEG) upgraded to Buy from Hold at ING Group... Ahold (AHONY) upgraded to Buy from Hold at Jefferies... Anthem (ANTM) upgraded to Buy from Neutral at Goldman... Bank of America (BAC) upgraded to Buy from Hold at Sandler O'Neill... BroadSoft (BSFT) upgraded to Outperform from Market Perform at Wells Fargo... CNOOC (CEO) upgraded to Buy from Hold at Jefferies... CalAtlantic (CAA) upgraded to Overweight from Equal Weight at Barclays... Comerica (CMA) upgraded to Outperform from Market Perform at FBR Capital... Credit Agricole (CRARY) upgraded to Neutral from Sell at Goldman... EMC Insurance (EMCI) upgraded to Buy from Hold at Sandler O'Neill... Electrolux AB (ELUXY) upgraded to Buy from Sell at UBS... Enterprise Products (EPD) upgraded to Overweight from Equal Weight at Morgan Stanley... Flotek (FTK) upgraded to Speculative Buy from Accumulate at Seaport Global... Genesco (GCO) upgraded to Overweight from Neutral at Piper Jaffray... ITG (ITG) upgraded to Overweight from Neutral at JPMorgan... Lennar (LEN) upgraded to Positive at Susquehanna... New Mountain Finance (NMFC) upgraded to Outperform from Neutral at Baird... Novozymes (NVZMY) upgraded to Neutral from Sell at Goldman... ONEOK (OKE) upgraded to Overweight from Equal Weight at Morgan Stanley... Peyto Exploration (PEYUF) upgraded to Overweight from Equal Weight at Barclays... Progressive Waste (BIN) upgraded to Overweight from Underweight at Barclays... Sanmina (SANM) upgraded on optical networking trends at RBC Capital... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Goldman... Spectra Energy upgraded to Equal Weight from Underweight at Morgan Stanley... Spirit Airlines (SAVE) upgraded to Buy from Neutral at Citi... Stellus Capital (SCM) upgraded to Outperform at Baird... Tenaris (TS) upgraded to Outperform from Neutral at Macquarie... Voya Financial (VOYA) upgraded to Buy from Neutral at BofA/Merrill... Waste Connections (WCN) upgraded to Strong Buy from Outperform at Raymond James... Wayfair (W) upgraded to Buy from Neutral at Citi... Wells Fargo (WFC) upgraded to Positive at Susquehanna.
05/09/16
GHSC
05/09/16
INITIATION
Target $13
GHSC
Buy
Flotek initiated with a Buy at Seaport Global
Seaport Global analyst Mark Brown initiated Flotek with a Buy rating and a price target of $13.
04/05/16
SPHN
04/05/16
NO CHANGE
SPHN
Oceaneering and Flotek the most attractive takeout targets, says Stephens
Stephens said Oceaneering (OII) and Flotek (FTK) are the most attractive takeout targets in the group.
NE Noble Corp.
$6.04

0.701 (13.13%)

11/16/16
BOFA
11/16/16
DOWNGRADE
BOFA
Underperform
Noble Corp. downgraded to Underperform from Neutral at BofA/Merrill
11/16/16
11/16/16
DOWNGRADE
Target $5

Underperform
Noble downgraded to Underperform on valuation, debt concerns at BofA/Merrill
As previously reported, BofA/Merrill downgraded Noble to Underperform from Neutral and maintained a $5 price target. Analyst Timna Tanners has increased concerns about Noble's upcoming debt maturities, 2018 rig utilization, and valuation. The analyst expects said Noble had three years left on a $2.5B revolver, but deteriorating earnings could result in a capital raise through debt and or equity sooner than expected.
10/03/16
10/03/16
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. Netgear (NTGR) downgraded to Hold from Buy at BWS Financial with analyst Hamed Khorsand saying shares are up approximately 100% this year and are being valued as though there could be a continuous purchasing cycle for the latest products Netgear sells, which he does not believe to be the case. 2. TASER (TASR) downgraded to Neutral from Buy at Ladenburg. 3. Citrix (CTXS) downgraded to Sell from Neutral at UBS with analyst Brent Thill saying he believes the next part of the company's transition will be more difficult reflecting the GoTo spin-off; its fastest growing segment. 4. Robert Half (RHI) downgraded to Underperform from Neutral at Credit Suisse with analyst Anjaneya Singh citing fewer catalysts and increased downside risk in a slowing labor market. 5. Noble Corp. (NE) downgraded to Hold from Buy at Societe Generale with analyst Edward Muztafago citing recent share strength and lower earnings from reduced offshore spending. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/07/16
GHSC
10/07/16
DOWNGRADE
GHSC
Neutral
Noble Corp. downgraded to Neutral from Accumulate at Seaport Global
Seaport Global analyst Mark Brown downgraded Noble Corp to Neutral saying shares are now fairly valued and maintained its $6 price target.
NBL Noble Energy
$36.58

1.9146 (5.52%)

10/14/16
10/14/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Activision Blizzard (ATVI) initiated with an Outperform at Oppenheimer. 2. Aqua America (WTR) initiated with a Neutral at Baird. 3. HP Enterprise (HPE) initiated with an Underperform at CLSA. 4. TASER (TASR) initiated with an Outperform at Imperial Capital. 5. Noble Energy (NBL) initiated with a Buy at Mizuho. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/28/16
ROTH
07/28/16
UPGRADE
Target $9
ROTH
Buy
Synergy Resources upgraded to Buy from Neutral at Roth Capital
Roth Capital is transferring coverage of Synergy Resources (SYRG) to analyst John White from Joe Reagor and upgrading the stock to Buy from Neutral. White also raised his price target on the shares to $9 from $6.25 on proved and probable reserves, financial position, and historical and expected drilling results. The analyst sees the company's recent acquisition from Noble Energy (NBL) as transformative for Synergy Resources, which should be able to gain operating efficiencies.
11/17/16
GHSC
11/17/16
DOWNGRADE
GHSC
Neutral
Noble Energy downgraded to Neutral from Buy at Seaport Global (pre-open)
Pre-open, Seaport Global downgraded Noble Energy to Neutral with a $38 price target saying it is concerned on the longer-long term outlook in which we think NBL burns through its best Delaware, DJ and Eagle Ford assets within the next 5-7 years.
10/14/16
MZHO
10/14/16
INITIATION
Target $44
MZHO
Buy
Noble Energy initiated with a Buy at Mizuho
Mizuho analyst Timothy Rezvan initiated Noble Energy with a Buy and a $44 price target.
CEQP Crestwood Equity
$21.80

1.15 (5.57%)

08/03/16
STFL
08/03/16
DOWNGRADE
STFL
Hold
Crestwood Equity downgraded on valuation at Stifel
As noted earlier, Stifel downgraded Crestwood Equity to Hold from Buy. Analyst Selman Akyol downgraded the stock based on valuation.
08/03/16
STFL
08/03/16
DOWNGRADE
STFL
Hold
Crestwood Equity downgraded to Hold from Buy at Stifel
06/21/16
LEHM
06/21/16
INITIATION
Target $22
LEHM
Underweight
Crestwood Equity reinstated with an Underweight at Barclays
Barclays analyst Helen Ryoo reinstated Crestwood Equity Partners L.P. with an Underweight rating and $22 price target.
05/04/16
STFL
05/04/16
UPGRADE
STFL
Buy
Crestwood Equity upgraded on tax guidance, volume improvement at Stifel
As noted earlier, Stifel upgraded Crestwood Equity to Buy from Hold. As reasons for the upgrade, the firm cited the company's statement that it no longer expects investors to incur a tax liability related to its asset sale with Consolidated Edison (ED), and the sequential improvement in its gathering volumes. Target $20.

TODAY'S FREE FLY STORIES

CNX

CONSOL

$21.30

-0.48 (-2.20%)

, CNNX

CONE Midstream

$21.33

-0.15 (-0.70%)

15:02
12/10/16
12/10
15:02
12/10/16
15:02
Conference/Events
CONE Midstream participates in an analyst and investor day »

Management participates…

CNX

CONSOL

$21.30

-0.48 (-2.20%)

CNNX

CONE Midstream

$21.33

-0.15 (-0.70%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

CNNX

CONE Midstream

$21.33

-0.15 (-0.70%)

, CNX

CONSOL

$21.30

-0.48 (-2.20%)

14:59
12/10/16
12/10
14:59
12/10/16
14:59
Conference/Events
CONSOL to host analyst and investor day »

Analyst and Investor Day…

CNNX

CONE Midstream

$21.33

-0.15 (-0.70%)

CNX

CONSOL

$21.30

-0.48 (-2.20%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

BG

Bunge

$73.36

-0.04 (-0.05%)

14:54
12/10/16
12/10
14:54
12/10/16
14:54
Conference/Events
Bunge to host investor day »

Investor Day to be held…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMD

AMD

14:50
12/10/16
12/10
14:50
12/10/16
14:50
Conference/Events
AMD to host Summit Ridge a "Zen"-based CPU at New Horizon »

President & CEO Su…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AJG

Arthur J. Gallagher

$50.76

0.61 (1.22%)

14:41
12/10/16
12/10
14:41
12/10/16
14:41
Conference/Events
Arthur J. Gallagher to host investor day »

Investor Day to be held…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

NYT

New York Times

$14.10

0.15 (1.08%)

14:34
12/10/16
12/10
14:34
12/10/16
14:34
Conference/Events
Detroit Economic Club to hold a luncheon meeting »

Mark Thompson, President…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AZN

AstraZeneca

$27.16

0.89 (3.39%)

14:28
12/10/16
12/10
14:28
12/10/16
14:28
Conference/Events
AstraZeneca has a luncheon meeting with Philadelphia Securities Association »

Luncheon Meeting being…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

  • 16

    Feb

CASC

Cascadian Therapeutics

$5.65

-0.03 (-0.53%)

, GHDX

Genomic Health

$30.81

-0.17 (-0.55%)

04:55
12/10/16
12/10
04:55
12/10/16
04:55
Conference/Events
UT Health Science Center to hold a symposium »

2016 San Antonio Breast…

CASC

Cascadian Therapeutics

$5.65

-0.03 (-0.53%)

GHDX

Genomic Health

$30.81

-0.17 (-0.55%)

MYGN

Myriad Genetics

$17.40

0.41 (2.41%)

RDUS

Radius Health

$43.94

-3.13 (-6.65%)

OCX

OncoCyte

$6.15

0.05 (0.82%)

ABBV

AbbVie

$61.54

0.64 (1.05%)

BAYRY

Bayer

$100.04

1.14 (1.15%)

CELG

Celgene

$113.47

0.41 (0.36%)

CLDX

Celldex

$3.75

0.01 (0.27%)

DNA

Bought by RHHBY

HRTX

Heron Therapeutics

$14.90

-0.55 (-3.56%)

PFE

Pfizer

$31.70

0.76 (2.46%)

PBYI

Puma Biotechnology

$36.50

0.05 (0.14%)

TSRO

TESARO

$129.97

-1.57 (-1.19%)

NSTG

NanoString

$21.79

-0.35 (-1.58%)

NVS

Novartis

$69.74

2.15 (3.18%)

NVTA

Invitae

$7.24

0.28 (4.02%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Dec

  • 11

    Jan

BBSI

Barrett Business

$62.30

1.85 (3.06%)

, BREW

Craft Brew

$16.65

0.45 (2.78%)

04:55
12/10/16
12/10
04:55
12/10/16
04:55
Conference/Events
Roth Capital to hold a conference »

5th Annual ROTH Utah…

BBSI

Barrett Business

$62.30

1.85 (3.06%)

BREW

Craft Brew

$16.65

0.45 (2.78%)

CHKE

Cherokee

$11.10

-0.35 (-3.06%)

DFBG

Differential Brands

$3.20

0.25 (8.47%)

DLA

Delta Apparel

$20.77

-0.39 (-1.84%)

ESCA

Escalade

$13.65

-0.15 (-1.09%)

FLKS

Flex Pharma

$6.29

-0.01 (-0.16%)

KONA

Kona Grill

$12.75

0.05 (0.39%)

LNDC

Landec

$15.05

-0.25 (-1.63%)

MEET

MeetMe

$5.63

0.16 (2.93%)

MITK

Mitek Systems

$6.50

0.35 (5.69%)

MB

MINDBODY

$20.70

-0.25 (-1.19%)

OSIS

OSI Systems

$78.17

1.22 (1.59%)

PLNT

Planet Fitness

$21.01

-0.07 (-0.33%)

ROX

Castle Brands

$0.75

0.0309 (4.30%)

PRTS

U.S. Auto Parts

$3.33

0.09 (2.78%)

RSYS

RadiSys

$4.77

0.11 (2.36%)

SWHC

Smith & Wesson

$21.07

-0.16 (-0.75%)

VSTO

Vista Outdoor

$38.62

-1.24 (-3.11%)

WMAR

West Marine

$9.41

0.13 (1.40%)

ZAGG

ZAGG

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

  • 12

    Dec

  • 13

    Dec

  • 13

    Dec

  • 09

    Jan

ANET

Arista Networks

$94.41

-1.35 (-1.41%)

, CSCO

Cisco

$30.06

0.11 (0.37%)

18:32
12/09/16
12/09
18:32
12/09/16
18:32
Hot Stocks
Arista Networks favored in ITC initial determination on four of six patents »

Arista Networks (ANET)…

ANET

Arista Networks

$94.41

-1.35 (-1.41%)

CSCO

Cisco

$30.06

0.11 (0.37%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

  • 12

    Dec

  • 12

    Dec

TKTDY

Takata Corporation

$10.70

0.05 (0.47%)

18:22
12/09/16
12/09
18:22
12/09/16
18:22
Periodicals
U.S. DOT looks to accelerate pace of Takata air bag replacements, Reuters says »

The U.S. Department of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DV

DeVry

$31.90

0.9 (2.90%)

18:17
12/09/16
12/09
18:17
12/09/16
18:17
Hot Stocks
Breaking Hot Stocks news story on DeVry »

International Value…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

18:10
12/09/16
12/09
18:10
12/09/16
18:10
Periodicals
Cornerstone OnDemand considers sale amid activist pressure, Bloomberg reports »

Cornerstone OnDemand has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CVM

CEL-SCI

$0.12

-0.0014 (-1.17%)

18:03
12/09/16
12/09
18:03
12/09/16
18:03
Hot Stocks
NYSE MKT says CEL-SCI noncompliant with certain listing requirements »

CEL-SCI reported on a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

XOM

Exxon Mobil

$89.00

0.68 (0.77%)

18:01
12/09/16
12/09
18:01
12/09/16
18:01
Periodicals
Exxon CEO Tillerson emerges as top candidate for secretary of state, WSJ says »

Exxon Mobil CEO Rex…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FUL

H.B. Fuller

$50.36

0.05 (0.10%)

17:58
12/09/16
12/09
17:58
12/09/16
17:58
Hot Stocks
H.B. Fuller announces restructuring, to eliminate, relocate 220 positions »

H.B. Fuller has announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BIIB

Biogen

$287.77

-1.77 (-0.61%)

17:53
12/09/16
12/09
17:53
12/09/16
17:53
Periodicals
Biogen looks like a bargain, Barron's reports »

Biogen trades at just…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SNY

Sanofi

$40.40

0.63 (1.58%)

17:42
12/09/16
12/09
17:42
12/09/16
17:42
Periodicals
Sanofi to lay off 20% of U.S. diabetes, cardiovascular staff, Bloomberg says »

The layoffs include parts…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Mar

CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

17:38
12/09/16
12/09
17:38
12/09/16
17:38
Periodicals
Cornerstone OnDemand considers sale amid activist pressure, Bloomberg reports »

Investor Praesidium said…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TACO

Del Taco

$14.75

-0.39 (-2.58%)

17:34
12/09/16
12/09
17:34
12/09/16
17:34
Hot Stocks
Breaking Hot Stocks news story on Del Taco »

PW Acquisitions cuts…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Jan

  • 09

    Jan

  • 09

    Dec

UNVR

Univar

$26.36

0.54 (2.09%)

, BXLT

Baxalta

17:30
12/09/16
12/09
17:30
12/09/16
17:30
Hot Stocks
Univar names Eric Foster chief information officer »

Univar (UNVR) named Eric…

UNVR

Univar

$26.36

0.54 (2.09%)

BXLT

Baxalta

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PARN

Parnell

$1.42

-0.0031 (-0.22%)

17:30
12/09/16
12/09
17:30
12/09/16
17:30
Hot Stocks
Breaking Hot Stocks news story on Parnell 

Parnell trading resumes

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BSX

Boston Scientific

$20.81

0.2 (0.97%)

, NVRO

Nevro

$76.38

-1.88 (-2.40%)

17:24
12/09/16
12/09
17:24
12/09/16
17:24
Hot Stocks
Boston Scientific files patent infringement suit against Nevro »

Nevro (NVRO) announced…

BSX

Boston Scientific

$20.81

0.2 (0.97%)

NVRO

Nevro

$76.38

-1.88 (-2.40%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

RTN

Raytheon

$146.30

0.14 (0.10%)

17:21
12/09/16
12/09
17:21
12/09/16
17:21
Hot Stocks
Raytheon awarded $101.9M government contract »

Raytheon Co., Goleta,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CX

CEMEX

$8.77

-0.16 (-1.79%)

17:18
12/09/16
12/09
17:18
12/09/16
17:18
Hot Stocks
CEMEX receives subpoena from SEC regarding Foreign Corrupt Practices Act »

On December 9, 2016,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.