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LZB

La-Z-Boy

$26.75

-0.5 (-1.83%)

16:22
11/30/16
11/30
16:22
11/30/16
16:22

La-Z-Boy CEO says 'past six months has been somewhat choppy'

CEO Kurt L. Darrow said, "We believe the growth strategies we are employing will carry La-Z-Boy into the future and deliver improved performance. In addition to capitalizing on the strength of our brand and efficient operating structure, we are confident our vast distribution structure, which includes the La-Z-Boy Furniture Galleries network of stores, Comfort Studios, and a multitude of additional dealers, gives us a unique competitive advantage in the marketplace. We will continue to invest in our business across a number of areas to drive growth and profitability. At the same time, we are identifying growth strategies for the future. While the consumer environment for the past six months has been somewhat choppy, our team is well versed in adapting our marketing plans and merchandising strategies to ensure we resonate with the consumer, and I have every confidence we will navigate our way through this period."

  • 01

    Dec

LZB La-Z-Boy
$26.75

-0.5 (-1.83%)

01/27/16
01/27/16
DOWNGRADE

Hold
La-Z-Boy downgraded at BB&T
As noted earlier, BB&T downgraded La-Z-Boy to Hold from Buy. The firm notes that the company's competitors have reported negative SSS and "softening orders." BB&T adds that the company is facing a tough orders comp, creating further risk.
01/27/16
01/27/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BG Group (BRGYY) downgraded to Neutral from Outperform at Credit Suisse... Bed Bath & Beyond (BBBY) downgraded to Sell from Neutral at Citi... Bill Barrett (BBG) downgraded to Neutral from Buy at Ladenburg... Brown & Brown (BRO) downgraded to Underweight at Morgan Stanley... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at BTIG... Canadian National (CNI) downgraded to Market Perform from Outperform at Raymond James... DreamWorks (DWA) downgraded to Sell from Hold at Topeka... FirstMerit (FMER) downgraded at RBC Capital... Gentex (GNTX) downgraded to Neutral from Outperform at Baird... Haverty Furniture (HVT) downgraded to Sector Weight from Overweight at KeyBanc... Hercules Technology (HTGC) downgraded to Neutral from Buy at Compass Point... Horizon Technology (HRZN) downgraded to Market Perform from Outperform at Raymond James... Installed Building downgraded to Sector Weight from Overweight at KeyBanc... Jarden (JAH) downgraded to Neutral from Buy at Citi... K+S (KPLUF) downgraded to Sell from Hold at Berenberg... La-Z-Boy (LZB) downgraded at BB&T... Legacy Reserves (LGCY) downgraded to Market Perform from Outperform at FBR Capital... Medivation (MDVN) downgraded to Hold from Buy at Canaccord... Merck (MRK) downgraded to Neutral from Buy at BofA/Merrill... Metaldyne Performance (MPG) downgraded to Neutral from Outperform at Baird... Pier 1 Imports (PIR) downgraded to Sector Weight from Overweight at KeyBanc... Priceline (PCLN) downgraded to Neutral from Buy at Goldman... Profire Energy (PFIE) downgraded to Neutral from Buy at Chardan... Regeneron (REGN) downgraded to Hold at Canaccord... Starwood (HOT) downgraded to Underperform from Outperform at CLSA... Swiss Re (SSREY) downgraded to Equal Weight from Overweight at Morgan Stanley... TSYS (TSS) downgraded to Equal-Weight from Overweight at First Analysis... Talmer Bancorp (TLMR) downgraded to Sector Perform from Outperform at RBC Capital... TopBuild (BLD) downgraded to Sector Weight from Overweight at KeyBanc... TripAdvisor (TRIP) downgraded to Sell from Neutral at Goldman... VMware (VMW) downgraded to Hold from Buy at Summit Research... W.R. Grace (GRA) downgraded to Buy from Conviction Buy at Goldman... WEC Energy (WEC) downgraded to Neutral from Conviction Buy at Goldman... Welltower (HCN) downgraded to Underperform from Market Perform at BMO Capital... Yamana Gold (AUY) downgraded to Neutral from Overweight at JPMorgan.
08/05/16
LBOW
08/05/16
INITIATION
LBOW
Neutral
La-Z-Boy initiated with a Neutral at Longbow
08/05/16
08/05/16
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. Yelp (YELP) initiated with a Hold at Loop Capital. 2. Angie's List (ANGI) initiated with a Buy at Loop Capital. 3. GrubHub (GRUB) initiated with a Buy at Loop Capital. 4. Symantec (SYMC) reinstated with an Equal Weight at Barclays. 5. La-Z-Boy (LZB) initiated with a Neutral at Longbow. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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VLKAY

Volkswagen

$34.11

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  • 02

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ICPT

Intercept

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-24.42 (-24.89%)

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Downgrade
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MHK

Mohawk

09:31
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Downgrade
Mohawk rating change  »

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UFCS

United Fire Group

$42.02

-0.12 (-0.28%)

09:30
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09:30
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PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

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YOGA

YogaWorks

$4.00

-0.04 (-0.99%)

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IP

International Paper

09:28
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International Paper to invest about $300M to convert Riverdale paper machine »

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IDTI

Integrated Device

$27.00

-0.16 (-0.59%)

09:26
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  • 25

    Sep

  • 05

    Oct

09:25
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Conference/Events
DA Davidson engineering analyst holds an analyst/industry conference call »

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RBS

RBS

09:24
09/22/17
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Upgrade
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COR

CoreSite Realty

09:23
09/22/17
09/22
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Initiation
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  • 26

    Sep

CONE

CyrusOne

$60.41

-0.35 (-0.58%)

09:22
09/22/17
09/22
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Initiation
CyrusOne initiated  »

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Citigroup
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  • 26

    Sep

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

, S

Sprint

09:21
09/22/17
09/22
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Hot Stocks
On The Fly: Pre-market Movers »

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TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

S

Sprint

EARS

Auris Medical

$0.71

0.0101 (1.44%)

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

FINL

Finish Line

$9.22

-0.21 (-2.23%)

FL

Foot Locker

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  • 22

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BWA

BorgWarner

, SEV

Sevcon

$22.00

-0.01 (-0.05%)

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Conference/Events
Sevcon to host special shareholder meeting »

Special Shareholder…

BWA

BorgWarner

SEV

Sevcon

$22.00

-0.01 (-0.05%)

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  • 26

    Oct

ICPT

Intercept

$73.70

-24.42 (-24.89%)

09:19
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Downgrade
Intercept rating change  »

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DLR

Digital Realty

09:18
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Initiation
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SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

09:18
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09/22
09:18
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Options
Overnight activity included 125 trades in SPX and 21 trades in VIX »

125 trades were executed…

SPX

S&P 500

VIX

Volatility Index S&P 500 Options

03/08/13
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CAG

Conagra Brands

09:17
09/22/17
09/22
09:17
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09:17
Hot Stocks
Conagra Brands to acquire Angie's Artisan Treats, terms not disclosed »

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  • 22

    Sep

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09:15
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General news
Euro$ interest rate futures have continued to steady »

Euro$ interest rate…

09:15
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General news
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Kansas City Federal…

HDSN

Hudson Technologies

$8.47

-0.79 (-8.53%)

09:14
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  • 16

    Nov

ACN

Accenture

09:11
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