Breaking News Instant updates and real-time market news.

CMI

Cummins

$141.78

3.56 (2.58%)

08:31
12/01/16
12/01
08:31
12/01/16
08:31

Cummins downgraded to Outperform on valuation at CLSA

As previously reported, CLSA downgraded Cummins to Outperform from Buy. Analyst Kristine Kubacki changed her rating citing valuation and maintained its $150 price target.

CMI Cummins
$141.78

3.56 (2.58%)

10/11/16
10/11/16
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. Twitter (TWTR) upgraded to Hold from Sell at Evercore ISI with analyst Ken Sena citing the recent pullback in the shares. 2. Tyson Foods (TSN) upgraded to Outperform from Market Perform at BMO Capital with analyst Kenneth Zaslow saying he thinks that the company's "strong underlying fundamentals" should enable its fiscal 2017 profits to beat expectations, and he says that the shares are undervalued. 3. Virgin America (VA) upgraded to Neutral from Underweight at JPMorgan with analyst Jamie Baker saying regulatory approval of the pending Alaska Air (ALK) takeover "remains more likely than not." 4. Cummins (CMI) was upgraded to Conviction Buy from Neutral and Caterpillar (CAT) was upgraded to Buy from Neutral at Goldman. 5. Carbonite (CARB) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Schwartz saying he sees "substantial upside" from current levels due to valuation and fundamentals. 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
EVER
11/07/16
UPGRADE
EVER
Buy
Cummins upgraded to Buy from Hold at Evercore ISI
Evercore ISI analyst David Raso upgraded Cummins to Buy and raised its price target to $144 from $114 based on lowered expectations, valuation, and accelerating inflation. The analyst said Cummins' heavy exposure to emerging markets and expectations that 2018 North America heavy truck markets will return to growth are a key driver for the upgrade.
11/07/16
11/07/16
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. Time Warner (TWX) upgraded to Outperform from Neutral at Credit Suisse with analyst Omar Sheikh citing attractive valuation. 2. Waste Management (WM) upgraded to Overweight from Equal Weight at Barclays with analyst Jon Windham saying the recent pullback in shares provides a buying opportunity given the company's "strong" underlying fundamentals. 3. Parker-Hannifin (PH) upgraded to Buy from Hold at Evercore ISI and to Overweight from Equal Weight at Morgan Stanley. 4. Biogen (BIIB) upgraded to Overweight from Neutral at Piper Jaffray with analyst Joshua Schimmer saying the company still has time to "get its act together to maximize the value of its SMA franchise, and stop being M&A disciplined/pipeline-undisciplined." 5. Cummins (CMI) upgraded to Buy from Hold at Evercore ISI with analyst David Raso citing lowered expectations, valuation, and accelerating inflation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/01/16
LYON
12/01/16
DOWNGRADE
LYON
Outperform
Cummins downgraded to Outperform from Buy at CLSA

TODAY'S FREE FLY STORIES

ACBI

Atlantic Capital

08:07
04/28/17
04/28
08:07
04/28/17
08:07
Earnings
Atlantic Capital reports Q1 EPS 13c, consensus 14c »

Taxable equivalent net…

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

  • 28

    Apr

  • 18

    May

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:07
04/28/17
04/28
08:07
04/28/17
08:07
Earnings
Royal Caribbean sees Q2 adjusted EPS $1.60-$1.65, consensus $1.44 »

Constant-Currency Net…

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

  • 28

    Apr

XOM

Exxon Mobil

$81.26

-0.14 (-0.17%)

08:07
04/28/17
04/28
08:07
04/28/17
08:07
Hot Stocks
Exxon Mobil reports Q1 capital and exploration expenditures down 19% »

Capital and exploration…

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

  • 28

    Apr

MXWL

Maxwell

$6.24

-0.03 (-0.48%)

08:06
04/28/17
04/28
08:06
04/28/17
08:06
Earnings
Maxwell sees Nesscap Energy acquisition immediately accretive to non-GAAP EPS »

Acquisition is expected…

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

    May

  • 13

    Jul

RTN

Raytheon

$156.26

0.99 (0.64%)

08:06
04/28/17
04/28
08:06
04/28/17
08:06
Recommendations
Raytheon analyst commentary  »

Raytheon price target…

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

  • 31

    May

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Hot Stocks
Breaking Hot Stocks news story on Royal Caribbean »

Royal Caribbean announces…

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

  • 28

    Apr

CIR

CIRCOR

$65.03

-0.22 (-0.34%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Earnings
CIRCOR reports Q1 adjusted EPS 32c, consensus 35c »

Reports Q1 revenue…

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

  • 28

    Apr

  • 10

    May

XOM

Exxon Mobil

$81.26

-0.14 (-0.17%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Hot Stocks
Exxon Mobil says Downstream earnings benefited from increased throughput »

Exxon Mobil reports Q1…

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

  • 28

    Apr

TPIC

TPI Composites

$19.57

-0.27 (-1.36%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Hot Stocks
TPI Composites enters wind blade supply agreement with Vestas »

TPI Composites 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

  • 16

    May

BLDP

Ballard Power

$3.14

0.14 (4.67%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Technical Analysis
Ballard Power ticks 52-week high in pre-market »

Shares were last at…

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

  • 02

    May

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:05
04/28/17
04/28
08:05
04/28/17
08:05
Hot Stocks
Royal Caribbean reports Q1 net yields up 6% on constant currency basis »

Q1 Net Yields were up…

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

  • 28

    Apr

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:04
04/28/17
04/28
08:04
04/28/17
08:04
Hot Stocks
Royal Caribbean says booked position remains at record level »

For FY17: Overall, the…

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

  • 28

    Apr

XOM

Exxon Mobil

$81.26

-0.14 (-0.17%)

08:04
04/28/17
04/28
08:04
04/28/17
08:04
Hot Stocks
Exxon Mobil reports Q1 Upstream volumes down 4% from prior year »

Exxon Mobil reports…

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

  • 28

    Apr

PFS

Provident Financial

$26.44

-0.21 (-0.79%)

08:04
04/28/17
04/28
08:04
04/28/17
08:04
Earnings
Provident Financial reports Q1 EPS 37c, consensus 36c »

Reports Q1 book value per…

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

  • 28

    Apr

  • 15

    May

MA

MasterCard

$117.10

0.93 (0.80%)

08:03
04/28/17
04/28
08:03
04/28/17
08:03
Hot Stocks
MasterCard names Ed McLaughlin president of operations and technology »

Mastercard announced the…

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

  • 02

    May

  • 31

    May

WCC

WESCO

$62.60

-5.4 (-7.94%)

08:03
04/28/17
04/28
08:03
04/28/17
08:03
Recommendations
WESCO analyst commentary  »

WESCO price target…

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

  • 31

    May

  • 07

    Jun

TIME

Time Inc.

$18.30

-0.3 (-1.61%)

08:03
04/28/17
04/28
08:03
04/28/17
08:03
Earnings
Time Inc. backs FY17 outlook, sees revenue approx. $3B, consensus $3B »

Previously forecast…

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

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:03
04/28/17
04/28
08:03
04/28/17
08:03
Earnings
Royal Caribbean raises FY17 adjusted EPS view to $7.00-$7.20, consensus $7.06 »

Prior view was…

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

  • 28

    Apr

XOM

Exxon Mobil

$81.26

-0.14 (-0.17%)

08:03
04/28/17
04/28
08:03
04/28/17
08:03
Hot Stocks
Exxon Mobil says results reflect commodity price increases, better cost control »

"Our results reflect…

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

  • 28

    Apr

RBS

RBS

$6.54

0.05 (0.77%)

08:02
04/28/17
04/28
08:02
04/28/17
08:02
Technical Analysis
RBS trades higher following results »

In the pre-market shares…

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

TIME

Time Inc.

$18.30

-0.3 (-1.61%)

08:02
04/28/17
04/28
08:02
04/28/17
08:02
Hot Stocks
Breaking Hot Stocks news story on Time Inc. »

Time Inc. affirms that…

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

TIME

Time Inc.

$18.30

-0.3 (-1.61%)

08:02
04/28/17
04/28
08:02
04/28/17
08:02
Hot Stocks
Time Inc. says board evaluated 'a number of expressions of interest' »

Time Inc. released the…

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

RCL

Royal Caribbean

$100.50

0.03 (0.03%)

08:01
04/28/17
04/28
08:01
04/28/17
08:01
Earnings
Royal Caribbean reports Q1 adjusted EPS 99c, consensus 92c »

Reports Q1 revenue…

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

  • 28

    Apr

SFTBF

SoftBank

$75.60

0.71 (0.95%)

, MSFT

Microsoft

$68.27

0.44 (0.65%)

08:01
04/28/17
04/28
08:01
04/28/17
08:01
Periodicals
Microsoft, Qualcomm to launch ARM notebook, DigiTimes says »

SoftBank's (SFTBF)…

SFTBF

SoftBank

$75.60

0.71 (0.95%)

MSFT

Microsoft

$68.27

0.44 (0.65%)

QCOM

Qualcomm

$53.21

0.17 (0.32%)

LNVGY

Lenovo

$12.84

-0.195 (-1.50%)

INTC

Intel

$37.43

0.5 (1.35%)

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

  • 02

    May

  • 09

    May

XOM

Exxon Mobil

$81.26

-0.14 (-0.17%)

08:01
04/28/17
04/28
08:01
04/28/17
08:01
Earnings
Exxon Mobil reports Q1 EPS 95c, consensus 87c »

Reports Q1 revenue…

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

  • 28

    Apr

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.