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PH

Parker-Hannifin

$138.93

1.98 (1.45%)

, CLC

Clarcor

$70.45

0.53 (0.76%)

08:47
12/01/16
12/01
08:47
12/01/16
08:47

Parker-Hannifin says Clarcor a great fit on 'multiple levels'

Calls it a "hand in glove" acquisition. Says estimated one-time cost to achieve synergies of approximately $90M. Forecasts 75% completed by FY19.

PH

Parker-Hannifin

$138.93

1.98 (1.45%)

CLC

Clarcor

$70.45

0.53 (0.76%)

  • 01

    Dec

  • 08

    Dec

  • 19

    Dec

  • 20

    Dec

PH Parker-Hannifin
$138.93

1.98 (1.45%)

11/07/16
EVER
11/07/16
UPGRADE
EVER
Buy
Parker-Hannifin upgraded to Buy from Hold at Evercore ISI
Evercore ISI analyst David Raso upgraded Parker-Hannifin to Buy and raised its price target to $135 from $113 based on lowered expectations, valuation, and and accelerating inflation. The analyst is encouraged by orders turning positive year-over-year in Q3 for the first time in 7 quarters and said Parker is in the sweet spot given its heavy distributor and broad manufacturer presence to any positive swing in industrial inventory stocking patterns.
11/07/16
MSCO
11/07/16
UPGRADE
Target $139
MSCO
Overweight
Parker-Hannifin upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Mili Pothiwala upgraded Parker-Hannifin with an Overweight and a $139 price target citing topline growth, high earnings achievability, and valuation.
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.
11/08/16
JPMS
11/08/16
UPGRADE
Target $121
JPMS
Neutral
Parker-Hannifin upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Ann Duignan upgraded Parker-Hannifin to Neutral saying fears of a prolonged decline in U.S. manufacturing have not materialized. The analyst believes 2017 will be a better year for industrial activity following the U.S. elections. She upped her price target for Parker-Hannifin shares to $121 from $117.
CLC Clarcor
$70.45

0.53 (0.76%)

06/09/16
KING
06/09/16
INITIATION
KING
Neutral
Clarcor reinitiated with a Neutral at CL King

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HSBC

HSBC

$39.86

0.17 (0.43%)

07:03
12/06/16
12/06
07:03
12/06/16
07:03
Upgrade
HSBC rating change  »

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TGTX

TG Therapeutics

$5.70

0.2 (3.64%)

07:03
12/06/16
12/06
07:03
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07:03
Hot Stocks
TG Therapeutics GENUINE Phase 3 study reaches target enrollment »

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SNCR

Synchronoss

$49.00

1.81 (3.84%)

07:03
12/06/16
12/06
07:03
12/06/16
07:03
Hot Stocks
Synchronoss to divest part of activation business to Sequential for $146M »

Synchronoss is also…

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    Dec

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SNCR

Synchronoss

$49.00

1.81 (3.84%)

, IL

Intralinks

$11.27

0.11 (0.99%)

07:03
12/06/16
12/06
07:03
12/06/16
07:03
Hot Stocks
Synchronoss to acquire Intralinks for $13/share, or $821M in equity value »

Synchronoss Technologies…

SNCR

Synchronoss

$49.00

1.81 (3.84%)

IL

Intralinks

$11.27

0.11 (0.99%)

03/08/13
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TEVA

Teva

$37.04

0.51 (1.40%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Recommendations
Teva analyst commentary  »

Wells views departure of…

03/08/13
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  • 03

    Apr

NVCN

Neovasc

$1.42

0.56 (65.12%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Hot Stocks
Neovasc provides update on Tiara transcatheter mitral valve »

Neovasc provided an…

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GDS

GDS Holdings

$9.93

-0.07 (-0.70%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Initiation
GDS Holdings initiated  »

GDS Holdings initiated…

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03/06/13
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SNCR

Synchronoss

$49.00

1.81 (3.84%)

, IL

Intralinks

$11.27

0.11 (0.99%)

07:02
12/06/16
12/06
07:02
12/06/16
07:02
Hot Stocks
Breaking Hot Stocks news story on Synchronoss, Intralinks »

Synchronoss to acquire…

SNCR

Synchronoss

$49.00

1.81 (3.84%)

IL

Intralinks

$11.27

0.11 (0.99%)

03/08/13
Wedge Partners
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Credit Suisse
03/06/13
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03/06/13
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  • 07

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    Dec

KKR

KKR

$15.67

0.19 (1.23%)

, BX

Blackstone

$26.40

0.54 (2.09%)

07:01
12/06/16
12/06
07:01
12/06/16
07:01
Hot Stocks
KKR to acquire Optiv Security from investors, including fund managed by Blackstone »

Optiv Security, a…

KKR

KKR

$15.67

0.19 (1.23%)

BX

Blackstone

$26.40

0.54 (2.09%)

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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  • 06

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    Dec

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    Dec

AZO

AutoZone

$776.42

-7.32 (-0.93%)

07:00
12/06/16
12/06
07:00
12/06/16
07:00
Earnings
AutoZone reports Q1 EPS $9.36, consensus $9.31 »

Reports Q1 revenue…

03/08/13
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03/06/13
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03/06/13
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  • 06

    Dec

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    Dec

ROP

Roper Technologies

$181.64

-0.68 (-0.37%)

, PROJ

Deltek

06:59
12/06/16
12/06
06:59
12/06/16
06:59
Hot Stocks
Roper Technologies to buy Deltek in all cash transaction valued at $2.8B »

Roper Technologies (ROP)…

ROP

Roper Technologies

$181.64

-0.68 (-0.37%)

PROJ

Deltek

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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GS

Goldman Sachs

$228.55

5.19 (2.32%)

06:59
12/06/16
12/06
06:59
12/06/16
06:59
Periodicals
Goldman Sachs leads financing round in Canadian startup Hubba, WSJ says »

Goldman Sachs led a…

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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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  • 07

    Dec

ROP

Roper Technologies

$181.64

-0.68 (-0.37%)

, PROJ

Deltek

06:57
12/06/16
12/06
06:57
12/06/16
06:57
Hot Stocks
Breaking Hot Stocks news story on Roper Technologies, Deltek »

Roper Technologies to buy…

ROP

Roper Technologies

$181.64

-0.68 (-0.37%)

PROJ

Deltek

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CBB

Cincinnati Bell

$21.05

0.7 (3.44%)

06:56
12/06/16
12/06
06:56
12/06/16
06:56
Downgrade
Cincinnati Bell rating change  »

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  • 06

    Dec

BCS

Barclays

$10.97

0.27 (2.52%)

, DB

Deutsche Bank

$16.66

0.92 (5.85%)

06:56
12/06/16
12/06
06:56
12/06/16
06:56
Periodicals
Barclays energy trading exit a worry for cash-strapped producers, Reuters says »

Barclays' (BCS) exit…

BCS

Barclays

$10.97

0.27 (2.52%)

DB

Deutsche Bank

$16.66

0.92 (5.85%)

RBS

RBS

$5.03

0.12 (2.44%)

GS

Goldman Sachs

$228.55

5.19 (2.32%)

JPM

JPMorgan

$83.26

1.66 (2.03%)

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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RCII

Rent-A-Center

$11.91

0.38 (3.30%)

06:55
12/06/16
12/06
06:55
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06:55
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Rent-A-Center rating change  »

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LSCC

Lattice Semiconductor

$7.10

0.16 (2.31%)

06:54
12/06/16
12/06
06:54
12/06/16
06:54
Periodicals
U.S. politicians request block of $1.3B Chinese buyout of Lattice, Reuters says »

More than 20 U.S.…

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RES

RPC, Inc.

$21.63

0.31 (1.45%)

06:53
12/06/16
12/06
06:53
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06:53
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RPC, Inc. rating change  »

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PTEN

Patterson-UTI

$28.78

0.69 (2.46%)

06:53
12/06/16
12/06
06:53
12/06/16
06:53
Downgrade
Patterson-UTI rating change  »

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  • 06

    Dec

NOV

National Oilwell

$38.80

0.91 (2.40%)

06:53
12/06/16
12/06
06:53
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06:53
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National Oilwell rating change  »

National Oilwell…

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  • 07

    Feb

CLB

Core Laboratories

$115.99

1.63 (1.43%)

06:53
12/06/16
12/06
06:53
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06:53
Downgrade
Core Laboratories rating change  »

Core Laboratories…

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  • 06

    Dec

HP

Helmerich & Payne

$81.31

1.86 (2.34%)

06:53
12/06/16
12/06
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12/06/16
06:53
Downgrade
Helmerich & Payne rating change  »

Helmerich & Payne…

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GCO

Genesco

$69.85

4.85 (7.46%)

06:52
12/06/16
12/06
06:52
12/06/16
06:52
Hot Stocks
Genesco to sell SureGrip to Shoes For Crews, terms not disclosed »

Shoes For Crews and…

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03/06/13
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03/06/13
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  • 09

    Jan

BMO

Bank of Montreal

$67.48

0.47 (0.70%)

06:51
12/06/16
12/06
06:51
12/06/16
06:51
Hot Stocks
Bank of Montreal raises Q1 dividend by C$0.02 to C$0.88 per share »

Bank of Montreal…

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VKTX

Viking Therapeutics

$1.10

0.07 (6.80%)

06:49
12/06/16
12/06
06:49
12/06/16
06:49
Hot Stocks
Viking Therapeutics X-linked adrenoleukodystrophy treatment gets orphan status »

Viking Therapeutics'…

03/08/13
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  • 06

    Dec

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