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WFC

Wells Fargo

$52.92

1.06 (2.04%)

18:59
11/30/16
11/30
18:59
11/30/16
18:59

Wells Fargo top lawyer postpones retirement plans, Reuters says

Wells Fargo general counsel James Strother, who previously planned to retire at the end of the year, will remain with the bank indefinitely to assist with blowback from its improper accounts scandal, reports Reuters, citing spokesperson statements. "In light of recent events the decision was made to have Jim Strother remain with the company and continue to serve as our general counsel," the spokesperson noted, adding that a search for Strother's successor is underway. Reference Link

  • 06

    Dec

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    Dec

  • 07

    Dec

WFC Wells Fargo
$52.92

1.06 (2.04%)

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.
11/28/16
JEFF
11/28/16
DOWNGRADE
Target $58
JEFF
Hold
Wells Fargo downgraded to Hold from Buy at Jefferies
Jefferies analyst Ken Usdin downgraded Wells Fargo to Hold citing valuation with the shares up 15% since the U.S. election. The analyst raised his price target for the shares to $58 from $50.
11/28/16
11/28/16
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. AbbVie (ABBV) downgraded to Neutral from Buy at Citi. 2. Citi (C), Wells Fargo (WFC), and Regions Financial (RF) were downgraded to Hold from Buy at Jefferies with analyst Ken Usdin citing valuation. 3. Hilton (HLT) and Marriott (MAR) were downgraded to Hold from Buy at Evercore ISI. 4. H&R Block (HRB) downgraded to Sell from Neutral at BTIG with analyst Mark Palmer noting that President-elect Trump has said he wants to put H&R Block out of business by simplifying the tax code. 5. Tupperware Brands (TUP) downgraded to Sell from Neutral at B. Riley with analyst Linda Bolton Weiser saying the stock has not moved lower to reflect post-election currency devaluations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/30/16
11/30/16
UPGRADE

Buy
Deutsche ups Goldman Sachs to Buy, says stronger economy not yet priced in
As previously reported, Deutsche Bank analyst Matt O'Connor upgraded Goldman Sachs (GS) to Buy from Hold, offering the opinion that leverage to higher rates is mostly reflected in bank stock prices following their post-election advance so far, but that higher loan growth and fee volumes from a stronger economy may not be. After having updated his earnings models to more closely reflect a combination of stronger economic growth, higher interest rates and lower regulations and tax rates, O'Conner said Goldman is now one of his top, listing Huntington Bancshares (HBAN) and Wells Fargo (WFC) as his top large regional bank choices.

TODAY'S FREE FLY STORIES

IMGN

ImmunoGen

$5.82

-0.2 (-3.32%)

09:38
06/23/17
06/23
09:38
06/23/17
09:38
Conference/Events
ImmunoGen management to meet with Jefferies »

Meetings to be held in…

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  • 27

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REGN

Regeneron

$526.53

4.51 (0.86%)

09:36
06/23/17
06/23
09:36
06/23/17
09:36
Hot Stocks
Breaking Hot Stocks news story on Regeneron »

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ETSY

Etsy

$14.68

0.48 (3.38%)

09:36
06/23/17
06/23
09:36
06/23/17
09:36
Periodicals
Several private equity firms have reached out to Etsy, Dealreporter says »

While Etsy has not been…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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CAT

Caterpillar

09:36
06/23/17
06/23
09:36
06/23/17
09:36
Technical Analysis
Technical View: Caterpillar slips lower, analyst action »

Shares were last down…

03/08/13
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HQY

HealthEquity

$51.05

-0.39 (-0.76%)

09:36
06/23/17
06/23
09:36
06/23/17
09:36
Conference/Events
HealthEquity management to meet with Barrington »

Meeting to be held in…

03/08/13
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03/08/13
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03/06/13
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  • 27

    Jun

APLP

Archrock Partners LP

$13.66

0.61 (4.67%)

09:35
06/23/17
06/23
09:35
06/23/17
09:35
Downgrade
Archrock Partners LP rating change  »

Archrock Partners LP…

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Citigroup
03/06/13
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09:35
06/23/17
06/23
09:35
06/23/17
09:35
General news
U.S. new home sales preview: »

U.S. new home sales…

AROC

Archrock

09:34
06/23/17
06/23
09:34
06/23/17
09:34
Downgrade
Archrock rating change  »

Archrock downgraded to…

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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WRE

Washington REIT

09:32
06/23/17
06/23
09:32
06/23/17
09:32
Conference/Events
Washington REIT management to meet with JPMorgan »

Meeting to be held in…

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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  • 29

    Jun

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  • 27

    Oct

09:30
06/23/17
06/23
09:30
06/23/17
09:30
General news
PMI Composite Flash â€' Level to be reported at 09:45 »

June PMI Composite Flash…

09:30
06/23/17
06/23
09:30
06/23/17
09:30
General news
PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

June PMI Composite Flash…

ADHD

Alcobra

, AVEO

AVEO Oncology

$0.73

0.0281 (4.02%)

09:29
06/23/17
06/23
09:29
06/23/17
09:29
Hot Stocks
On The Fly: Pre-market Movers »

HIGHER: Alcobra (ADHD),…

ADHD

Alcobra

AVEO

AVEO Oncology

$0.73

0.0281 (4.02%)

SNCR

Synchronoss

$12.18

1.53 (14.37%)

BBRY

BlackBerry

$11.06

0.41 (3.85%)

BBBY

Bed Bath & Beyond

$33.74

0.08 (0.24%)

BLCM

Bellicum Pharmaceuticals

$13.98

1.33 (10.51%)

BLUE

bluebird bio

$118.50

-1.8 (-1.50%)

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

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  • 23

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  • 26

    Sep

RIO

Rio Tinto

, GLNCY

Glencore

$7.10

0.05 (0.71%)

09:29
06/23/17
06/23
09:29
06/23/17
09:29
Hot Stocks
Glencore raises offer for Rio Tinto's Coal & Allied to $2.675B plus royalties »

Glencore (GLNCY)…

RIO

Rio Tinto

GLNCY

Glencore

$7.10

0.05 (0.71%)

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

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ALGN

Align Technology

$149.69

0.27 (0.18%)

09:28
06/23/17
06/23
09:28
06/23/17
09:28
Conference/Events
Stifel medical technology analysts hold an analyst/industry conference call »

Research Team discusses…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Jun

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    Jun

PAAS

Pan American Silver

$16.95

0.51 (3.10%)

09:28
06/23/17
06/23
09:28
06/23/17
09:28
Conference/Events
Pan American Silver management to meet with JPMorgan »

Meeting to be held in San…

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

BAESY

BAE Systems

$34.19

-0.635 (-1.82%)

09:25
06/23/17
06/23
09:25
06/23/17
09:25
Downgrade
BAE Systems rating change  »

BAE Systems downgraded to…

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

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09:25
06/23/17
06/23
09:25
06/23/17
09:25
General news
Fed funds futures are unchanged to modestly lower »

Fed funds futures are…

CRNCY

Cairn Energy

$4.44

0.15 (3.50%)

09:24
06/23/17
06/23
09:24
06/23/17
09:24
Conference/Events
Cairn Energy management to meet with JPMorgan »

Meetings to be held in…

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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  • 29

    Jun

RHHBY

Roche

$32.30

-0.3 (-0.92%)

09:22
06/23/17
06/23
09:22
06/23/17
09:22
Hot Stocks
Roche receives FDA approval for Elecsys HIV combi PT assay »

Roche announced that its…

03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Jun

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    Jul

P

Pandora

, SIRI

SiriusXM

09:22
06/23/17
06/23
09:22
06/23/17
09:22
Recommendations
Pandora, SiriusXM analyst commentary  »

Pandora selloff since…

P

Pandora

SIRI

SiriusXM

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 28

    Jun

ASML

ASML

$130.02

-0.41 (-0.31%)

09:20
06/23/17
06/23
09:20
06/23/17
09:20
Recommendations
ASML analyst commentary  »

ASML shares could double…

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

    Aug

RGA

Reinsurance Group

09:20
06/23/17
06/23
09:20
06/23/17
09:20
Conference/Events
Reinsurance Group management to meet with JPMorgan »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 28

    Jun

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    Jun

HUM

Humana

, COF

Capital One

09:19
06/23/17
06/23
09:19
06/23/17
09:19
Hot Stocks
Humana appoints Sam Deshpande as CRO »

Humana (HUM) has named…

HUM

Humana

COF

Capital One

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Jul

SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

09:18
06/23/17
06/23
09:18
06/23/17
09:18
Options
Overnight activity included 91 trades in SPX and 17 trades in VIX »

91 trades were executed…

SPX

S&P 500

VIX

Volatility Index S&P 500 Options

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

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09:15
06/23/17
06/23
09:15
06/23/17
09:15
General news
Energy Action: WTI crude futures are up for a second day »

Energy Action: WTI crude…

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