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ECL

Ecolab

$123.68

-1.09 (-0.87%)

, DOW

Dow Chemical

$63.68

-0.43 (-0.67%)

04:55
03/15/17
03/15
04:55
03/15/17
04:55

JPMorgan to hold a conference

Aviation, Transportation & Industrials Conference is being held in New York on March 13-15.

ECL

Ecolab

$123.68

-1.09 (-0.87%)

DOW

Dow Chemical

$63.68

-0.43 (-0.67%)

EMN

Eastman Chemical

$77.30

-0.33 (-0.43%)

SSW

Seaspan

$6.78

-0.15 (-2.16%)

APD

Air Products

$136.18

-1.64 (-1.19%)

HON

Honeywell

$125.71

-1.02 (-0.80%)

KSU

Kansas City Southern

$86.51

-0.93 (-1.06%)

OI

Owens-Illinois

$19.46

0.01 (0.05%)

ROK

Rockwell Automation

$152.45

-2 (-1.29%)

IR

Ingersoll-Rand

$79.01

-0.65 (-0.82%)

WSO

Watsco

$146.42

-1.04 (-0.71%)

UAL

United Continental

$66.55

-3.3 (-4.72%)

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ECL Ecolab
$123.68

-1.09 (-0.87%)

02/22/17
LBOW
02/22/17
DOWNGRADE
LBOW
Neutral
Ecolab downgraded to Neutral from Buy at Longbow
02/22/17
EDJN
02/22/17
UPGRADE
EDJN
Buy
Ecolab upgraded to Buy from Hold at Edward Jones
01/30/17
OPCO
01/30/17
NO CHANGE
Target $128
OPCO
Outperform
Ecolab price target raised to $128 from $120 at Oppenheimer
Oppenheimer analyst Scott Schneeberger raised his price target for Ecolab to $128 from $120, citing a potential inflection point/Ecolab's "intriguing" long-term story. The analyst views the company as well positioned to return to "solid" EPS growth in 2017 following recently challenged business conditions, primarily in its Global Energy segment. He reiterates an Outperform rating on the shares.
02/22/17
02/22/17
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. Wal-Mart (WMT) upgraded to Buy from Neutral at BofA/Merrill with analyst Robert Ohmes saying the U.S. strategy is working and risk/reward is favorable on e-commerce sales momentum. 2. Scorpio Tankers (STNG) upgraded to Buy from Hold at ABN Amro with analyst Glenn Lodden raising his price target for the shares to $7.50 from $4.30. 3. Parker-Hannifin (PH) upgraded to Overweight from Neutral at JPMorgan with analyst Ann Duignan saying her analysis suggests the company's synergy targets for the Clarcor (CLC) acquisition are "overly conservative." The analyst feels the deal "makes good strategic sense." She raised her price target for Parker-Hannifin shares to $173 from $146. 4. STMicroelectronics (STM) upgraded to Overweight from Equal Weight at Barclays with analyst Andrew Gardiner saying further market share and content gains will show during 2017. 5. Ecolab (ECL) upgraded to Buy from Hold at Edward Jones. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
DOW Dow Chemical
$63.68

-0.43 (-0.67%)

03/06/17
JEFF
03/06/17
UPGRADE
Target $96
JEFF
Buy
DuPont upgraded to Buy from Hold at Jefferies
Jefferies analyst Laurence Alexander upgraded DuPont (DD) to Buy and raised his price target for the shares to $96 from $83. The analyst believes the merger with Dow Chemical (DOW) is likely to close in the near future and that only "cautious enthusiasm" is being priced into the shares. Capitalizing on the targeted cost synergies implies 11%-17% potential upside in the stocks, Alexander tells investors in a research note. The analyst this morning also upgraded Dow Chemical to Buy.
03/06/17
JEFF
03/06/17
UPGRADE
Target $75
JEFF
Buy
Dow Chemical upgraded to Buy from Hold at Jefferies
Jefferies analyst Laurence Alexander upgraded Dow Chemical (DOW) to Buy and raised his price target for the shares to $75 from $65. The analyst believes the merger with DuPont (DD) is likely to close in the near future and that only "cautious enthusiasm" is being priced into the shares. Capitalizing on the targeted cost synergies implies 11%-17% potential upside in the stocks, Alexander tells investors in a research note.
03/03/17
JPMS
03/03/17
NO CHANGE
Target $128
JPMS
Overweight
EU approvals of other ag deals may narrow Monsanto deal spread, says JPMorgan
JPMorgan analyst Jeffrey Zekauskas said commentary from the CEOs of DuPont (DD) and Syngenta (SYT) and press reports from Europe suggest that their deals with Dow Chemical (DOW) and ChemChina, respectively, are likely to be approved. Approvals from Europe for those deals may "trigger a meaningful closing of the arbitrage spread" in Monsanto (MON) shares versus Bayer's (BAYRY) offer price, Zekauskas tells investors. He recommends buying Monsanto shares at current levels for this reason, adding that he believes the shares would only fall about 2.5%, or down to $112, in the event of the Bayer deal falling through. Zekauskas keeps an Overweight rating and $128 price target on Monsanto shares, which closed yesterday at just below $115 per share.
01/27/17
FBCO
01/27/17
NO CHANGE
Target $66
FBCO
Outperform
Dow Chemical price target raised to $66 from $61 at Credit Suisse
Credit Suisse analyst Christopher Parkinson raised his price target for Dow Chemical to $66 from $61 as "strong" fundamentals and cost-cutting execution drove a Q4 beat. Heading into 2017, the analyst is encouraged by the company's ability to drive profit growth through ongoing cost-cutting initiatives, streamlined execution of Dow Corning cost synergies and a timely ramp of the project backlog, which should more than offset some risk regarding a volatile macro and FX. He reiterates an Outperform rating on the shares.
EMN Eastman Chemical
$77.30

-0.33 (-0.43%)

01/24/17
STPT
01/24/17
DOWNGRADE
STPT
Hold
Eastman Chemical downgraded to Hold from Buy at Standpoint Research
08/02/16
RBCM
08/02/16
DOWNGRADE
RBCM
Sector Perform
Eastman Chemical downgraded on pricing, tow performance at RBC Capital
As noted earlier, RBC Capital downgraded Eastman Chemical to Sector Perform from Outperform. Analyst Arun Viswanathan,says he has been disappointed by the company's "sluggish downstream pricing and acetate tow performance." Target to $70 from $83.
09/07/16
SBSH
09/07/16
DOWNGRADE
Target $73
SBSH
Neutral
Eastman Chemical downgraded to Neutral from Buy at Citi
Citi analyst P.J. Juvekar downgraded Eastman Chemical (EMN) to Neutral saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. The analyst cut his price target for the shares to $73 from $74 and notes his 2017 earnings estimates are now below consensus. Juvekar this morning also downgraded Celanese (CE) to Neutral citing a similar rationale.
09/07/16
09/07/16
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. Discover (DFS) downgraded to Equal Weight from Overweight at Barclays with analyst Mark DeVries downgrading the stock after lowering his rating on the U.S. Consumer Finance sector to Neutral from Positive. 2. Eastman Chemical (EMN) and Celanese (CE) were downgraded to Neutral from Buy at Citi with analyst P.J. Juvekar saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. 3. Royal Caribbean (RCL) downgraded to Hold from Buy at Argus with analyst John Staszak citing the company's outlook for higher fuel costs and foreign exchange headwinds. 4. Accuride (ACW) downgraded to Hold from Buy at Gabelli. 5. Dollar General (DG) downgraded to Underperform from Peer Perform at Wolfe Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SSW Seaspan
$6.78

-0.15 (-2.16%)

02/01/17
MSCO
02/01/17
INITIATION
Target $4.5
MSCO
Underweight
Seaspan initiated with an Underweight at Morgan Stanley
Morgan Stanley analyst Fotis Giannakoulis initiated Seaspan with an Underweight and a $4.50 price target citing weak containership fundamentals, falling charter revenues, high debt, and cash burn that is pressuring its ability to pay dividends.
03/02/17
JPMS
03/02/17
UPGRADE
Target $8
JPMS
Neutral
Seaspan upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Noah Parquette upgraded Seaspan to Neutral saying the company's high charter coverage insulates it "somewhat" from a weak container shipping market. The analyst views the valuation as more "reasonable" following the dividend cut and lowered his price target for the shares to $8 from $10.
02/01/17
02/01/17
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. Howard Bancorp (HBMD) initiated with an Equal Weight at Stephens and with a Strong Buy at Raymond James. 2. TechnipFMC (FTI) initiated with an Equal Weight at Barclays. 3. Shell Midstream (SHLX) initiated with an Overweight at JPMorgan. 4. Spark Energy (SPKE) initiated with a Buy at Guggenheim. 5. Seaspan (SSW) initiated with an Underweight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/02/17
FBCO
03/02/17
NO CHANGE
Target $8
FBCO
Neutral
Seaspan price target lowered to $8 from $13 at Credit Suisse
Credit Suisse analyst Gregory Lewis lowered his price target for Seaspan to $8 from $13 following the company's "tough decision" to lower the dividend. The analyst believes 2017 is shaping up to be another challenging year for container shipping rates with charter rates for medium/smaller ships hovering around cash breakeven. He reiterates a Neutral rating on the shares.
APD Air Products
$136.18

-1.64 (-1.19%)

01/30/17
01/30/17
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. Colgate-Palmolive (CL) downgraded to Neutral from Buy at Citi with analyst Wendy Nicholson saying the sales the "breadth of the top-line weakness" in the company's fourth quarter results is "very disconcerting." Even with the 5% post-earnings pullback, Colgate shares are still not cheap, Nicholson tells investors in a research note. She lowered her price target for the shares to $70 from $76. 2. Air Products (APD) downgraded to Neutral from Outperform at Baird with analyst David Manthey saying he believes the catalyst that led to identifiable margin improvement last quarter may have substantially played out and the company is now more exposed to sluggish economic trends that have underpinned his cautious thinking on Praxair (PX). Manthey lowered his price target to $140 from $146 on Air Products shares. 3. Barclays (BCS) downgraded to Sell from Hold at Berenberg with analyst Peter Richardson citing valuation and high investment banking expectations reflected in shares. 4. Symantec (SYMC) reinstated with a Neutral from Buy at Citi with analyst Walter Pritchard downgrading Symantec (SYMC) to Neutral from Buy after reinstating coverage of the name. The analyst sees "weaker strategic merit" in the company's LifeLock (LOCK) acquisition relative to the Blue Coat deal. He also believes success is being priced in with investors looking for $2.00-plus in earnings power. Pritchard raised his price target for Symantec shares to $29 from $26.50. 5. CONSOL (CNX) downgraded to Hold from Buy at SunTrust. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/13/17
LEHM
02/13/17
INITIATION
Target $160
LEHM
Overweight
Air Products reinstated with an Overweight at Barclays
Barclays analyst Duffy Fischer reinstated Air Products with an Overweight rating and $160 price target. The analyst believes capital deployment will drive the next leg of the company's turnaround story.
02/13/17
EVER
02/13/17
INITIATION
Target $131
EVER
Sell
Air Products initiated with a Sell at Evercore ISI
Evercore ISI analyst Laurent Favre initiated Air Products with a Sell and a $131 price target.
02/13/17
02/13/17
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. Air Products (APD) reinstated with an Overweight at Barclays. 2. Hasbro (HAS) was initiated with a Buy at Goldman, while Mattel (MAT) was initiated with a Neutral. 3. Jagged Peak Energy (JAG) initiated with a Positive at Susquehanna. 4. Kimbell Royalty Partners (KRP) initiated with a Buy at Wunderlich. 5. HollyFrontier (HFC) reinstated with a Sell at Goldman. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
HON Honeywell
$125.71

-1.02 (-0.80%)

12/13/16
UBSW
12/13/16
NO CHANGE
UBSW
Neutral
Earlier than expected Boeing 777 rate cut negative for suppliers, says UBS
UBS analyst David Strauss said that while Boeing (BA) had previously signaled a 777 production rate cut was coming, he thinks the now-announced cut to 5 planes per month in mid-2017 is 3 to 6 months earlier than expected. He sees the earlier than expected transition as having negative implications for key 777 suppliers, including B/E Aerospace (BEAV), GE (GE), Honeywell (HON), Spirit AeroSystems (SPR) and Triumph Group (TGI). Strauss keeps a Neutral rating on Boeing, as he believes 777X development will burn a couple billion per year with overall FCF declining during this period, but also said the company's 30% dividend increase and $14B buyback announcement signals strong confidence in its cash flow outlook.
02/21/17
JEFF
02/21/17
NO CHANGE
Target $141
JEFF
Buy
Honeywell price target raised to $141 from $133 at Jefferies
Jefferies analyst Howard Rubel raised his price target for Honeywell to $141 following a review of the company's annual filing. The 10-K highlights elements of profitability and cash flows, Rubel tells investors in a research note. He expects the non-U.S. business will continue to be more profitable show better growth. Rubel keeps a Buy rating on Honeywell.
03/02/17
OPCO
03/02/17
NO CHANGE
Target $148
OPCO
Outperform
Honeywell price target raised to $148 from $134 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Honeywell to $148 from $134 as OM track record exceeds new commitments, organic outlook appears conditioned by recent years' macro headwinds. Further, with defense spending set to turn and Honeywell indicating AM outgrowth of flight hours this year, the analyst thinks an upward tweak of Aero guide could materialize during 2017. He reiterates an Outperform rating on the shares.
12/19/16
OPCO
12/19/16
NO CHANGE
Target $134
OPCO
Outperform
Honeywell price target raised to $134 from $122 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Honeywell to $134 from $122, citing its 2017 outlook as he believes quality of drivers are set to improve. He reiterates an Outperform rating on the shares.
KSU Kansas City Southern
$86.51

-0.93 (-1.06%)

03/13/17
WELS
03/13/17
INITIATION
WELS
Market Perform
Kansas City Southern initiated with a Market Perform at Wells Fargo
01/18/17
01/18/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. AutoZone (AZO) and O'Reilly Automotive (ORLY) were initiated with a Buy at Guggenheim, while the firm initiated Advance Auto Parts (AAP) with a Neutral. 2 Kansas City Southern (KSU) was initiated with a Buy at Buckingham, while the firm initiated Norfolk Southern (NSC) and Union Pacific (UNP) with a Neutral. 3. Fortive (FTV) initiated with a Perform at Oppenheimer. 4. Halliburton (HAL) was initiated with a Buy at SunTrust, while the firm initiated Helmerich & Payne (HP) with a Sell. The firm also initiated Baker Hughes (BHI) and Schlumberger (SLB) with a Hold. 5. Expedia (EXPE) was initiated with a Strong Buy at Miller Tabak, while the firm initiated Priceline (PCLN) with a Buy and TripAdvisor (TRIP) with a Hold. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/23/17
01/23/17
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. Verizon (VZ) downgraded to Market Perform from Outperform at Wells Fargo with analyst Jennifer Fritzsche saying the stock's outperformance since U.S. presidential election is not sustainable given growth headwinds in 2017. 2. Qualcomm (QCOM) downgraded to Neutral from Buy at Nomura and to Underperform from Buy at CLSA. 3. Schlumberger (SLB) downgraded to Equal Weight from Overweight at Stephens with analyst Matthew Marietta saying he remains confident in Schlumberger's ability to benefit from the Cameron (CAM) integration, and its wide-ranging suite of products/services. 4. Unilever (UL, UN) downgraded to Equal Weight from Overweight at Barclays with analyst Simon Hales citing recent sector outperformance, currency uncertainty, and rising oil related input costs. 5. Kansas City Southern (KSU) downgraded to Neutral from Accumulate at Seaport Global with analyst Mark Levin saying there is too much uncertainty around U.S./Mexico trade policy to accurately forecast what earnings will look like in 2019 and beyond. The analyst acknowledges shares are "cheap" and maintained his $90 price target. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/23/17
GHSC
01/23/17
DOWNGRADE
GHSC
Neutral
Kansas City Southern downgraded to Neutral from Accumulate at Seaport Global
Seaport Global analyst Mark Levin downgraded Kansas City Southern to Neutral saying there is too much uncertainty around US/Mexico trade policy to accurately forecast what earnings will look like in 2019 and beyond. The analyst acknowledges shares are "cheap" and maintained his $90 price target.
OI Owens-Illinois
$19.46

0.01 (0.05%)

09/29/16
RBCM
09/29/16
INITIATION
RBCM
Sector Perform
Owens-Illinois initiated with a Sector Perform at RBC Capital
05/12/16
05/12/16
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. Amarin (AMRN) assumed with a Buy at Jefferies by analyst Hugo Ong, who said off-label Vascepa promotion in mixed dyslipidemia may be beginning to bear fruit. 2. Theravance Biopharma (TBPH) initiated with an Outperform at Leerink with analyst Paul Matteis saying he sees a favorable risk/reward ahead of a string of clinical/commercial catalysts over the next year. 3. Graphic Packaging (GPK) initiated with a Conviction Buy at Goldman. 4. Owens-Illinois (OI) initiated with a Sell at Goldman. 5. Sonoco Products (SON) initiated with a Neutral at Goldman. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/12/16
GSCO
05/12/16
INITIATION
Target $18
GSCO
Sell
Owens-Illinois initiated with a Sell at Goldman
Goldman analyst Brian Maguire initiated Owens-Illinois with a Sell and $18 price target.
04/06/16
04/06/16
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. CRH (CRH) upgraded to Overweight at JPMorgan by analyst Elodie Rall, who views the valuation as attractive and sees limited risk to estimates. 2. Ironwood (IRWD) upgraded to Outperform at Cowen citing the company's pipeline and ex-U.S. royalties as well as U.S. co-marketing agreements leaving room for growth. 3. Owens-Illinois (OI) upgraded to Buy at Citi with analyst Anthony Pettinari citing valuation and a low bar set by management for 2016. 4. Pennsylvania REIT (PEI) upgraded to Outperform at Boenning & Scattergood by analyst Floris van Dijkum, who believes Pennsylvania REIT's discounted valuation is unwarranted given significant acceleration in 2018 NOI growth. van Dijkum expects the company to continue to reduce leverage by selling other non-core assets and make development progress on the Fashion Outlets of Philadelphia. 5. Cisco (CSCO) upgraded to Neutral at JPMorgan with analyst Rod Hall saying the company's 3.8% dividend yield is "compelling in the midst of current market volatility." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
ROK Rockwell Automation
$152.45

-2 (-1.29%)

01/09/17
01/09/17
UPGRADE
Target $145

Equal Weight
Rockwell Automation upgraded to Equal Weight on IP cycle at Morgan Stanley
As previously reported, Morgan Stanley upgraded Rockwell Automation to Equal Weight from Underweight and raised its price target to $145 from $136. Analyst Nigel Coe sees upside to estimates from an accelerating US IP cycle and views valuation as reasonable.
01/20/17
BUCK
01/20/17
UPGRADE
Target $162
BUCK
Buy
Rockwell Automation upgraded to Buy from Neutral at Buckingham
Buckingham upgraded Rockwell Automation to Buy with a $162 price target saying it fits a recovery thesis better than most and risk/reward is attractive. The firm's analyst said, after declines in U.S. capex spending for the past 4 years, Rockwell has meaningful operating leverage in what appears to be a budding improvement, optionality on policy initiatives, including energy deregulation, factory growth, offshore cash, and remains a takeout "threat."
01/27/17
GABE
01/27/17
DOWNGRADE
GABE
Sell
Rockwell Automation downgraded to Sell from Hold at Gabelli
Gabelli analyst Justin Bergner downgraded Rockwell to Sell following the the strong Q1 report citing valuation.
01/26/17
FBCO
01/26/17
NO CHANGE
Target $145
FBCO
Neutral
Rockwell Automation price target raised to $145 from $121 at Credit Suisse
Credit Suisse analyst Julian Mitchell raised his price target for Rockwell Automation to $145 from $121 following a "very strong" performance from the company in Q1. Nonetheless, the analyst believes that the magnitude of the EPS beat for the December quarter is unlikely to be repeated in the coming quarters. He reiterates a Neutral rating on the shares.
IR Ingersoll-Rand
$79.01

-0.65 (-0.82%)

02/10/17
02/10/17
DOWNGRADE

Hold
Ingersoll-Rand downgraded to Hold at Evercore ISI
As previously reported, Evercore ISI analyst David Raso downgraded Ingersoll-Rand (IR) to Hold from Buy as he revised his preference in the machinery sector, stating the change is "no knock on Ingersoll," which he still thinks should rise with the improving macro backdrop. He remains bullish on the sector, contending that the upward earnings revision cycle is just starting. He trimmed his price target on Ingersoll-Rand shares to $86 from $87. He also upgraded Caterpillar (CAT) to Buy from Hold and said his top pick in the space remains Cummins (CMI).
02/10/17
EVER
02/10/17
DOWNGRADE
EVER
Hold
Ingersoll-Rand downgraded to Hold from Buy at Evercore ISI
12/21/16
JEFF
12/21/16
NO CHANGE
Target $90
JEFF
Buy
Ingersoll-Rand price target raised to $90 from $80 at Jefferies
Jefferies analyst Stephen Volkmann raised his price target for Ingersoll-Rand to $90 while keeping the shares on his firm's Franchise Pick list. The analyst sees the case for both multiple expansion and additional earnings outgrowth for 2017. He keeps a Buy rating on the name.
02/06/17
UBSW
02/06/17
NO CHANGE
Target $90
UBSW
Buy
Ingersoll-Rand price target raised to $90 from $85 at UBS
UBS analyst Shannon O'Callaghan raised his price target on Ingersoll-Rand to $90 from $85 citing its competitive positioning in manufacturing, driven by its prioritization of lower manufacturing cycle time over lower labor costs. O'Callaghan reiterated his Buy rating on Ingersoll-Rand shares.
WSO Watsco
$146.42

-1.04 (-0.71%)

02/15/17
STFL
02/15/17
NO CHANGE
STFL
Watsco should be bought on weakness, says Stifel
After Watsco reported weaker than expected Q4 results, Stifel analyst Robert McCarthy says he doesn't believe that the company's "underperformrance" versus other HVAC companies will "last for long." The analyst says that the company's gross margin was "decent," and he recommends buying the stock on weakness. McCarthy reiterates a $175 price target and a Buy rating on the shares.
12/19/16
MSCO
12/19/16
DOWNGRADE
MSCO
Underweight
Watsco downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Nigel Coe and team downgraded Watsco to Underweight from Equal Weight with a price target of $152.
12/13/16
12/13/16
DOWNGRADE
Target $165

Equal Weight
Watsco downgraded to Equal Weight on valuation at Stephens
As previously reported, Stephens analyst Matt Duncan downgraded Watsco to Equal Weight from Overweight on "robust" valuation levels. While the analyst believes growth will improve in 2017, he sees shares as properly reflecting next year's improvement. Duncan raised his price target on the shares to $165 from $158.
12/13/16
SPHN
12/13/16
DOWNGRADE
SPHN
Equal Weight
Watsco downgraded to Equal Weight from Overweight at Stephens
UAL United Continental
$66.55

-3.3 (-4.72%)

01/05/17
MSCO
01/05/17
DOWNGRADE
Target $72
MSCO
Equal Weight
United Continental downgraded to Equal Weight on valuation at Morgan Stanley
Morgan Stanley analyst Rajeev Lalwani downgraded United Continental to Equal Weight from Overweight with a $72 price target. Analyst Rajeev Lalwani changed his rating due to relative outperformance and said further upside might be limited from here.
01/05/17
01/05/17
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. Macy's (M) downgraded to Hold from Buy at Deutsche Bank with analyst Paul Trussell saying the company's turnaround initiatives "continue to fall short of expectations." The "discouraging" 2017 forecast reflects the "realities of market share losses" to off-price retail, Amazon (AMZN) and other online threats, Trussell tells investors in a research note after Macy's lowered its outlook. He cut his price target for the shares to $34 from $47. 2. Kohl's (KSS) downgraded to Market Perform from Outperform at Telsey Advisory and to Neutral from Outperform at Baird. 3. DCP Midstream (DPM) downgraded to Sector Perform from Outperform at RBC Capital and to Underperform from Neutral at Credit Suisse. 4. United Continental (UAL) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Rajeev Lalwani saying he changed his rating due to relative outperformance and said further upside might be limited from here. 5. Travelers (TRV) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Kai Pan saying lower reserve releases and rising auto claims present a risk to earnings and post US election share strength underestimates these fundamental headwinds. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/22/17
02/22/17
NO CHANGE

Morgan Stanley would not dismiss possibility of Berkshire buying an airline
With Warren Buffett's Berkshire Hathaway (BRK.A) recently disclosing an increase to its overall airline exposure, making the firm a number one or two holder for each of the "Big 4," Morgan Stanley polled investors and found that about 60% do not expect this to be a step towards a full-scale acquisition. However, analyst Rajeev Lalwani said the prospect of Berkshire buying an airline is a possibility that is "not worth dismissing," citing the historical precedent of Buffett's involvement in the rail industry and eventual deal to buy Burlington Northern SantaFe in 2009. The top four U.S. airlines include American Airlines (AAL), Delta Air Lines (DAL), Southwest (LUV) and United Continental (UAL).
03/13/17
UBSW
03/13/17
NO CHANGE
UBSW
Buy
Weakness in airline sector a buying opportunity, says UBS
UBS analyst Darryl Genovisi said the recent dip in airline shares provides a buying opportunity. The analyst noted most of the airlines have cut their PRASM guidance for Q1 and with the miss already priced in and a better outlook for Q2, investors should be buyers of the group. Genovisi prefers United Continental (UAL) followed by Delta (DAL) and Southwest (LUV).

TODAY'S FREE FLY STORIES

EVH

Evolent Health

$20.85

0.95 (4.77%)

, ABCO

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EVH

Evolent Health

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EEFT

Euronet

$83.54

0.15 (0.18%)

ZNH

China Southern Airlines

$35.13

0.99 (2.90%)

AAL

American Airlines

$41.73

0.32 (0.77%)

AMZN

Amazon.com

$845.61

-1.77 (-0.21%)

SLB

Schlumberger

$76.96

-0.71 (-0.91%)

WFT

Weatherford

$5.89

0.02 (0.34%)

DIS

Disney

$112.14

-0.1 (-0.09%)

LGF.A

Lionsgate

$26.08

0.76 (3.00%)

LGF.B

Lionsgate

$23.93

0.6 (2.57%)

VIA

Viacom

$44.50

0.1 (0.23%)

VIAB

Viacom

$43.06

0.1 (0.23%)

SEDG

SolarEdge

$13.70

-0.1 (-0.72%)

SIVB

SVB Financial

$177.94

-0.24 (-0.13%)

YHOO

Yahoo

$46.40

-0.2 (-0.43%)

GME

GameStop

$20.70

-3.26 (-13.61%)

SRG

Seritage Growth Properties

$43.51

1.25 (2.96%)

SPG

Simon Property

$167.95

0.39 (0.23%)

03/08/13
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    Mar

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    Apr

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    Apr

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    May

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    May

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    May

SPWH

Sportsman's Warehouse

$4.64

-0.39 (-7.75%)

20:18
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03/26
20:18
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20:18
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GOOG

Alphabet

$814.43

-3.15 (-0.39%)

, GOOGL

Alphabet Class A

$835.14

-4.51 (-0.54%)

19:57
03/26/17
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19:57
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Some Google clients pushing for discounts in wake of ad controversy, FT says »

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GOOG

Alphabet

$814.43

-3.15 (-0.39%)

GOOGL

Alphabet Class A

$835.14

-4.51 (-0.54%)

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AMZN

Amazon.com

$845.61

-1.77 (-0.21%)

19:52
03/26/17
03/26
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Amazon to collect tax in Hawaii, Idaho, Maine, New Mexico, CNBC says »

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  • 28

    Mar

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    May

SNE

Sony

$32.21

0.43 (1.35%)

, TWX

Time Warner

$97.51

0.33 (0.34%)

19:38
03/26/17
03/26
19:38
03/26/17
19:38
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Sony 'casting wide net' in search of Lynton successor, NY Post says »

Sony (SNE) appears to be…

SNE

Sony

$32.21

0.43 (1.35%)

TWX

Time Warner

$97.51

0.33 (0.34%)

FOX

21st Century Fox

$30.88

0.13 (0.42%)

FOXA

21st Century Fox

$31.52

0.19 (0.61%)

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    May

TOSBF

Toshiba, also use TOSYY

$2.02

0.09 (4.66%)

, TOSYY

Toshiba, also use TOSBF

$12.07

0.4205 (3.61%)

19:31
03/26/17
03/26
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19:31
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Westinghouse could seek bankruptcy filing this week, Nikkei says »

Toshiba's…

TOSBF

Toshiba, also use TOSYY

$2.02

0.09 (4.66%)

TOSYY

Toshiba, also use TOSBF

$12.07

0.4205 (3.61%)

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RTN

Raytheon

$151.02

-2.14 (-1.40%)

, RMAX

RE/MAX Holdings

$56.75

-0.55 (-0.96%)

19:28
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03/26
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03/26/17
19:28
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Iran says places 15 American companies under sanction »

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RTN

Raytheon

$151.02

-2.14 (-1.40%)

RMAX

RE/MAX Holdings

$56.75

-0.55 (-0.96%)

OSK

Oshkosh

$67.85

-0.44 (-0.64%)

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    May

GS

Goldman Sachs

$228.41

-3.49 (-1.51%)

18:35
03/26/17
03/26
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18:35
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Goldman Sachs in early talks for Saudi equities license, Bloomberg says »

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  • 27

    Mar

AMZN

Amazon.com

$845.61

-1.77 (-0.21%)

18:34
03/26/17
03/26
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18:34
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Emaar challenges Amazon pursuit of Souq.com, Bloomberg says »

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TSLA

Tesla

$263.16

8.38 (3.29%)

18:24
03/26/17
03/26
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18:24
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Tesla to start taking Solar Roof orders in April, Musk says »

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  • 30

    May

FSLR

First Solar

$28.31

-0.27 (-0.94%)

18:04
03/26/17
03/26
18:04
03/26/17
18:04
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First Solar says reaches financial close for Manildra solar farm »

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FOX

21st Century Fox

$30.88

0.13 (0.42%)

, FOXA

21st Century Fox

$31.52

0.19 (0.61%)

17:59
03/26/17
03/26
17:59
03/26/17
17:59
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Hollywood studios, theater owners negotiate early release windows, WSJ says »

Film studios and theater…

FOX

21st Century Fox

$30.88

0.13 (0.42%)

FOXA

21st Century Fox

$31.52

0.19 (0.61%)

TWX

Time Warner

$97.51

0.33 (0.34%)

LGF.A

Lionsgate

$26.08

0.76 (3.00%)

LGF.B

Lionsgate

$23.93

0.6 (2.57%)

VIA

Viacom

$44.50

0.1 (0.23%)

VIAB

Viacom

$43.06

0.1 (0.23%)

SNE

Sony

$32.21

0.43 (1.35%)

DIS

Disney

$112.14

-0.1 (-0.09%)

CMCSA

Comcast

$37.38

0.16 (0.43%)

CMCSK

Comcast

AMC

AMC Entertainment

$30.85

0.65 (2.15%)

RGC

Regal Entertainment

$22.22

0.31 (1.41%)

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    May

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    May

17:50
03/26/17
03/26
17:50
03/26/17
17:50
Periodicals
Trump reviews legislative agenda, Axios says »

Aides to President Donald…

DIS

Disney

$112.14

-0.1 (-0.09%)

, LGF.A

Lionsgate

$26.08

0.76 (3.00%)

16:26
03/26/17
03/26
16:26
03/26/17
16:26
Hot Stocks
Box Office Battle: 'Beauty And The Beast' fights off 'Power Rangers' »

Disney's (DIS)…

DIS

Disney

$112.14

-0.1 (-0.09%)

LGF.A

Lionsgate

$26.08

0.76 (3.00%)

LGF.B

Lionsgate

$23.93

0.6 (2.57%)

TWX

Time Warner

$97.51

0.33 (0.34%)

SNE

Sony

$32.21

0.43 (1.35%)

FOX

21st Century Fox

$30.88

0.13 (0.42%)

FOXA

21st Century Fox

$31.52

0.19 (0.61%)

CMCSA

Comcast

$37.38

0.16 (0.43%)

CMCSK

Comcast

VIA

Viacom

$44.50

0.1 (0.23%)

VIAB

Viacom

$43.06

0.1 (0.23%)

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TSLA

Tesla

$263.16

8.38 (3.29%)

15:52
03/26/17
03/26
15:52
03/26/17
15:52
Hot Stocks
Tesla CEO: High performance Model 3 'probably a year from now' »

Asked by a Twitter user…

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  • 30

    May

TSLA

Tesla

$263.16

8.38 (3.29%)

15:47
03/26/17
03/26
15:47
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15:47
Hot Stocks
Tesla CEO showcases 'release candidate version' of Model 3 »

Tesla CEO Elon Musk…

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  • 30

    May

TSLA

Tesla

$263.16

8.38 (3.29%)

15:44
03/26/17
03/26
15:44
03/26/17
15:44
Hot Stocks
Tesla CEO: Minimizing configuration complexity for early Model 3 vehicles »

Asked by a Twitter user…

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  • 30

    May

TSLA

Tesla

$263.16

8.38 (3.29%)

15:42
03/26/17
03/26
15:42
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15:42
Hot Stocks
Tesla CEO: Next generation Roadster 'few years away' »

Tesla CEO Elon Musk…

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  • 30

    May

AAL

American Airlines

$41.73

0.32 (0.77%)

, ZNH

China Southern Airlines

$35.13

0.99 (2.90%)

15:34
03/26/17
03/26
15:34
03/26/17
15:34
Hot Stocks
China Southern negotiating 'major strategic cooperation' with American Airlines »

China Southern Airlines…

AAL

American Airlines

$41.73

0.32 (0.77%)

ZNH

China Southern Airlines

$35.13

0.99 (2.90%)

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  • 29

    Mar

AMZN

Amazon.com

$845.61

-1.77 (-0.21%)

, AAPL

Apple

$140.64

-0.28 (-0.20%)

15:22
03/26/17
03/26
15:22
03/26/17
15:22
Periodicals
Amazon explores 'ambitious collection' of retail concepts, NY Times says »

Amazon (AMZN) has an…

AMZN

Amazon.com

$845.61

-1.77 (-0.21%)

AAPL

Apple

$140.64

-0.28 (-0.20%)

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  • 28

    Mar

  • 16

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MGI

MoneyGram

$16.66

0.03 (0.18%)

, EEFT

Euronet

$83.54

0.15 (0.18%)

14:39
03/26/17
03/26
14:39
03/26/17
14:39
Hot Stocks
MoneyGram enters confidentiality agreement with Euronet »

MoneyGram (MGI) announced…

MGI

MoneyGram

$16.66

0.03 (0.18%)

EEFT

Euronet

$83.54

0.15 (0.18%)

BABA

Alibaba

$108.04

-0.21 (-0.19%)

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  • 29

    Mar

OMAM

OM Asset Management

$14.56

0.13 (0.90%)

, ODMTY

Old Mutual

14:33
03/26/17
03/26
14:33
03/26/17
14:33
Hot Stocks
OM Asset Management says Old Mutual to sell 24.95% stake »

OM Asset Management…

OMAM

OM Asset Management

$14.56

0.13 (0.90%)

ODMTY

Old Mutual

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CPRT

Copart

$61.32

-0.09 (-0.15%)

14:20
03/26/17
03/26
14:20
03/26/17
14:20
Hot Stocks
Copart announces 2-for-1 stock split »

Copart announced Friday…

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BRFS

BRF S.A.

$11.41

0.03 (0.26%)

14:17
03/26/17
03/26
14:17
03/26/17
14:17
Hot Stocks
BRF S.A. says takes action in response to Brazil meat scandal »

BRF S.A. issued the…

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MU

Micron

$28.43

1.96 (7.40%)

14:00
03/26/17
03/26
14:00
03/26/17
14:00
Periodicals
Micron could move higher, CEO doesn't see supply glut, Barron's says »

Micron could continue…

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  • 06

    Apr

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