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ANF

Abercrombie & Fitch

$9.56

0.41 (4.48%)

, AEO

American Eagle

$11.98

0.765 (6.82%)

11:34
08/23/17
08/23
11:34
08/23/17
11:34

Before the Move: Watch Abercrombie & Fitch ahead of Q2 earnings report

Shares of Abercrombie & Fitch (ANF) moved higher after peer American Eagle Outfitters (AEO) reported better than expected quarterly amid a trend of disappointing results in the retail sector. Abercrombie & Fitch is scheduled to report Q2 earnings before market open on August 24. AMERICAN EAGLE EARNINGS: Before the market open on Wednesday, American Eagle reported adjusted earnings per share of 19c on revenue of $845M, handily beating analysts' estimates of 16c and $824.04M, respectively. Consolidated comparable sales were up 2%, following a 3% increase last year.The company forecast Q3 EPS of 36c-38c, at the low end of analysts' 38c consensus, on flat to up low single digit SSS. CEO Jay Schottenstein noted on the earnings call that AE's store fleet is "largely profitable" and, despite a slower start to Q2, the company saw demand strengthen in June and July. ABERCROMBIE: In May, Abercrombie & Fitch said it expected comp sales to remain challenging in Q2, with trends improving in the second half of the year. The company also expected a continued adverse impact from foreign currency on sales and operating income and predicted a gross margin rate down slightly vs. last year, with continued pressure in Q2. During the quarter, Abercrombie announced plans to launch its namesake brand and abercrombie kids on Tmall. In July, Abercrombie said it had decided to end talks with parties interested in a potential deal to buy the company. The decision came after Abercrombie said in May that it was in preliminary discussions with several parties, with American Eagle and Cerberus Capital rumored to be working on a joint offer. "The A&F board of directors determined that the best path to enhance value for stockholders is the rigorous execution of our business plan," Abercrombie Executive Chairman Arthur Martinez said at the time. Prior to that, Abercrombie investor SLS Management said the retailer was not being "aggressive enough" in its turnaround efforts and called on the company to buy back a "large" amount of its shares. PEERS: Many mall-based retailers like Abercrombie & Fitch, have been hurt by the slowdown of mall traffic reflecting a shift to fast-fashion retailers like Zara, Forever 21 and H&M as well as an increase in online shopping on sites such as Amazon (AMZN). Urban Outfitters (URBN) recently reported a quarterly earnings beat, though its comp sales declined. "While we are disappointed in our second quarter performance, we have a number of initiatives underway including: speed to customer, international growth, wholesale expansion and digital investments," CEO Richard Hayne said. Macy's (M), Kohl's (KSS) both reported declining quarterly comp sales, though Kohl's EPS and revenue narrowly beat estimates. J.C. Penney (JCP) reported a larger than expected loss for the latest quarter, with its comp sales dropping 1.3%. Gap's (GPS) quarterly results, including comp sales, beat analysts' expectations, helped by Old Navy, a consistent bright spot for the retailer, as well as fewer promotions. Nordstrom (JWN) said in June that members of its founding family formed a group to explore the possibility of pursuing a "going private" transaction, but WWD recently said that the retailer is not in negotiations with "anybody" regarding a potential sale. PRICE ACTION: Shares of Abercrombie & Fitch are up 4.8% to $9.59 in morning trading. "Before the Move" is The Fly's recurring series of exclusive stories that identify potentially market moving events, along with analyst predictions, ahead of the news.

ANF

Abercrombie & Fitch

$9.56

0.41 (4.48%)

AEO

American Eagle

$11.98

0.765 (6.82%)

AMZN

Amazon.com

$966.90

13.61 (1.43%)

URBN

Urban Outfitters

$19.46

0.57 (3.02%)

KSS

Kohl's

$38.33

0.17 (0.45%)

JCP

J.C. Penney

$3.77

0.0976 (2.66%)

M

Macy's

$20.62

0.2 (0.98%)

JWN

Nordstrom

GPS

Gap

$23.14

0.18 (0.78%)

  • 23

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    Aug

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    Aug

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    Aug

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    Sep

  • 09

    Nov

ANF Abercrombie & Fitch
$9.56

0.41 (4.48%)

07/10/17
JEFF
07/10/17
NO CHANGE
Target $13
JEFF
Hold
Abercrombie's inability to land a deal not surprising, says Jefferies
Jefferies analyst Randal Konik believes the termination of Abercrombie & Fitch's (ANF) deal talks is not surprising given the retailer's "deteriorating fundamentals" and his view that "concept acquisitions destroy shareholder value." The analyst continues to prefer American Eagle (AEO) in the "challenged" teen apparel space and keeps a Hold rating on Abercrombie with a $13 price target.
07/10/17
DBAB
07/10/17
NO CHANGE
Target $9
DBAB
Sell
Abercrombie & Fitch price target lowered to $9 from $11 at Deutsche Bank
Deutsche Bank analyst Tiffany Kanaga lowered her price target for Abercrombie & Fitch to $9 after the company announced that it is no longer in talks to sell itself. The analyst has a Sell rating on the name. The retailer in early trading is down 17% to $10.03.
06/22/17
06/22/17
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. Oracle (ORCL) upgraded to Outperform from Neutral at Wedbush with analyst Steve Koenig saying that the company's guidance for "roughly" double digit percentage fiscal 2018 earnings per share growth "looks achievable," while checks indicate that its PaaS and IaaS sales pipeline is strong. 2. Southwest (LUV) upgraded to Buy from Hold at Argus with analyst David Coleman saying shares have further upside. 3. Abercrombie & Fitch (ANF) upgraded to Hold from Sell at Wunderlich with analyst Eric Beder saying risk/rewards is balanced and remains cautious on the company's turnaround efforts. 4. CarMax (KMX) upgraded to Outperform from Sector Perform at RBC Capital with analyst Scot Ciccarelli saying that the company's comparable sales continue to beat expectations, and he thinks the company's sales should continue to be boosted by its improved use of Search Engine Optimization and declining used car valuations. 5. Brinker (EAT) upgraded to Market Perform from Underperform at BMO Capital with analyst Andrew Strelzik citing his belief that sector-wide restaurant comps will accelerate over the next several months due to weakening commodity prices. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/15/17
FBRC
08/15/17
NO CHANGE
FBRC
FBR lowers Specialty Retail price targets ahead of Q2 reports
FBR Capital analyst Susan Anderson expects Specialty Retail earnings in Q2 to be overall in-line with consensus estimates, with a lighter top line and gross margin given the need to promote to drive traffic. The analyst views American Eagle (AEO) and L Brands (LB) as winners in the quarter. She upgraded American Eagle this morning to Buy. Anderson also lowered her price target for Neutral-rated Abercrombie & Fitch (ANF) to $11 from $13, for Neutral-rated Ascena Retail (ASNA) to $3 from $5, for Neutral-rated Foot Locker (FL) to $58 from $66, for Neutral-rated Francesca's to $10 from $13, for Neutral-rated Gap (GPS) to $25 from $28 and for Neutral-rated Urban Outfitters (URBN) to $16 from $24.
AEO American Eagle
$11.98

0.765 (6.82%)

08/15/17
08/15/17
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. Snap (SNAP) upgraded to Overweight from Neutral at Cantor with analyst Kip Paulson saying he believes the risk/reward has shifted significantly following yesterday's expiration of the largest remaining lock-up period and the 8.5% share decline since Snap's second quarter earnings report. 2. GoPro (GPRO) upgraded to Neutral from Sell at Goldman Sachs with analyst Doug Clark saying GoPro is on track to launch a new HERO6 camera in the second half of 2017, and product launches have historically been a positive catalyst for the stock. 3. NetApp (NTAP) upgraded to Buy from Neutral at Longbow with analyst Joe Wittine citing a survey which showed that the company's share gains have continued. 4. American Eagle (AEO) upgraded to Buy from Neutral at FBR Capital with analyst Susan Anderson saying the valuation "has become very attractive." 5. Zynerba (ZYNE) upgraded to Buy from Neutral at Roth Capital with analyst Michael Higgins saying he was not bullish on yesterday's failed ZYN002 in osteoarthritis study. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/15/17
FBRC
08/15/17
UPGRADE
Target $13
FBRC
Buy
American Eagle upgraded to Buy from Neutral at FBR Capital
FBR Capital analyst Susan Anderson upgraded American Eagle to Buy with a $13 price target saying the valuation "has become very attractive." Estimates have come down significantly from the start of the year and comparisons ease in the second half of 2017, creating lower risk to the numbers, Anderson tells investors in a research note. She expects American Eagle will continue to take market share over the next few years.
AMZN Amazon.com
$966.90

13.61 (1.43%)

08/23/17
KEYB
08/23/17
NO CHANGE
KEYB
Sector Weight
Much uncertainty remains around Impinj pushouts, says KeyBanc
KeyBanc analyst Brad Erickson says that given the potential number of customers materially impacted by Impinj's (PI) 2H outlook, he continues to lack clarity on what drove the simultaneous delays across several tag IC end users. Nonetheless, the analyst still believes RFID adoption is rising, which keeps his general long-term thesis intact. Based on his conversation with Amazon's (AMZN) principal engineer at the RAIN RFID Alliance in Seattle, the Amazon bull case of tens of billions of units could be in play longer-term. With that said, he is equally as convinced that Amazon may not be a massive buyer of tag ICs for the foreseeable future. He reiterates a Sector Weight rating on Impinj's shares.
08/23/17
KEYB
08/23/17
NO CHANGE
KEYB
Wal-Mart, Alphabet deal to increase competition for Amazon, says KeyBanc
KeyBanc says that the partnership deal announced today between Wal-Mart (WMT) and Alphabet (GOOG,GOOGL) will intensify the competition facing Amazon (AMZN). The firm says that the deal will give consumers the capacity to obtain Wal-Mart products through voice ordering. Voice ordering had previously been a competitive advantage of Amazon, according to the firm ,which adds that Wal-Mart's acquisitions and investments have improved its e-commerce offerings.
08/23/17
SBSH
08/23/17
NO CHANGE
Target $54
SBSH
Buy
Energizer recent drop a 'terrific' opportunity to buy, says Citi
Citi analyst Wendy Nicholson attributes the 30% pullback in Energizer (ENR) shares over the last four months to several factors, including fears about Amazon (AMZN), the pressure on sales from the company's portfolio repositioning, the departure of its "well-regarded" CFO and the lack of "meaningful" share buybacks from the company. However, after meeting with management, she continues to see the stock as a "high-conviction" Buy and views the dip as a "terrific" buying opportunity. Nicholson has a $54 price target on Energizer shares.
08/22/17
08/22/17
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. Alibaba (BABA) upgraded to Overweight from Neutral by Atlantic Equities analyst James Cordwell, who said the company's Q1 report "clearly demonstrated" how Alibaba can leverage its scale to gain e-commerce share. The recent strong execution likely also builds confidence in the company's ability to execute on other long-term opportunities, such as international expansion, omnichannel retail, and the cloud. 2. VMware (VMW) upgraded to Buy from Hold at Deutsche Bank with analyst Karl Keirstead citing growing evidence that large enterprises are embracing a hybrid model, which reduces his view of the risk to VMware from the threat of adoption of the cloud and Amazon Web Services (AMZN). His recent checks indicate that VMware technology is proving more durable than he would have thought 12-18 months ago. 3. Estee Lauder (EL) upgraded to Buy from Hold at Argus with analyst John Staszak telling investors the company continues to benefit from strong demand for high-end beauty products. 4. Tempur Sealy (TPX) upgraded to Buy from Hold at Stifel. Analyst John Baugh said he's surprised how quickly the company has recovered from the loss of its deal with Mattress Firm, as Tempur Sealy's margins are exceeding expectations and its direct business is growing more quickly than expected. 5. 58.com (WUBA) upgraded to Buy from Hold at Deutsche Bank, with analyst Alvin Jiang saying the company's quarterly earnings proved the company's strong execution regardless of macro 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.
URBN Urban Outfitters
$19.46

0.57 (3.02%)

08/16/17
GSCO
08/16/17
NO CHANGE
Target $18
GSCO
Sell
Urban Outfitters still has risk to the downside, says Goldman Sachs
Goldman Sachs analyst Lindsay Drucker Mann said Urban Outfitters' Q2 report showed a notable improvement in business relative to its mid-quarter comp update in early June. However, the analyst remains Sell rated given structural pressures impacting Specialty Retailers and said its too early to have conviction for sustained positive momentum. Drucker Mann stills sees risk to the downside and said negative sentiment across the group should keep a cap on multiples. The analyst raised Urban's price target to $18 from $16.
08/16/17
KEYB
08/16/17
NO CHANGE
KEYB
Urban Outfitters may be 'finally turning the corner,' says KeyBanc
KeyBanc analyst Edward Yruma says there are "reasons to believe that Urban Outfitters is finally turning the corner. " The analyst says that the company's "controlled store count, 35%+ e-commerce penetration, and focus on differentiated merchandise" are "attractive," while the fact that the company is selling more products at regular prices could be "an early indicator of a turn." The analyst keeps a $26 price target and an Overweight rating on the stock.
08/16/17
RHCO
08/16/17
NO CHANGE
RHCO
Urban Outfitters Q2 results, comments encouraging, says SunTrust
SunTrust analyst Pamela Quintiliano says that Urban Outfitters' Q2 results and conference call were encouraging. The analyst says that the company's comments about the positive momentum of its apparel business "bodes well" for 2H17. She reiterates a Buy rating.
08/16/17
BARD
08/16/17
NO CHANGE
Target $22
BARD
Outperform
Urban Outfitters 12 month risk/reward favorable, says Baird
Baird analyst Mark Altschwager noted Urban Outfitters reported better than expected Q2 results. The analyst said with its better earnings visibility, lean store base, clean balance sheet, brand-level operational improvements underway, and undemanding valuation metrics, he likes the 12 month risk/reward. Altschwager reiterated his Outperform rating and raised his price target to $22 from $21 on Urban Outfitters shares.
KSS Kohl's
$38.33

0.17 (0.45%)

08/10/17
FBCO
08/10/17
UPGRADE
FBCO
Neutral
Kohl's upgraded to Neutral from Underperform at Credit Suisse
08/11/17
08/11/17
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 Overweight from Equal Weight at Stephens with analyst Ben Bienvenu saying that the company's multi-year investments have led to a better in-store experience, which he sees continuing to drive momentum. 2. Kohl's (KSS) upgraded to Neutral from Underperform at Credit Suisse. 3. Huntington Bancshares (HBAN) upgraded to Overweight from Neutral at Piper Jaffray with analyst Kevin Barker saying the "disappointing" expense guidance has lowered expectations while Huntington should grow earnings faster than any regional bank peer in fiscal 2018 and fiscal 2019. 4. Axalta Coating (AXTA) upgraded to Overweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas saying the 16% pullback over the past three weeks has created an investment opportunity. 5. Perrigo (PRGO) upgraded to Neutral from Sell at Goldman Sachs with analyst Jami Rubin saying the quarterly results may mark the beginning of inflection towards stabilization in the Rx business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/10/17
JEFF
08/10/17
NO CHANGE
JEFF
Kohl's shares defended at Jefferies
08/10/17
GDHS
08/10/17
UPGRADE
GDHS
Hold
Kohl's upgraded to Hold from Reduce at Gordon Haskett
Gordon Haskett upgraded Kohl's to Hold saying earnings downside looks limited post today's results. The firm raised its price target for the shares to $37 from $36.
JCP J.C. Penney
$3.77

0.0976 (2.66%)

08/11/17
TLSY
08/11/17
DOWNGRADE
TLSY
Market Perform
J.C. Penney downgraded to Market Perform from Outperform at Telsey Advisory
08/11/17
EVER
08/11/17
NO CHANGE
EVER
J.C. Penney turnaround efforts 'just not working,' says Evercore ISI
Evercore ISI analyst Omar Saad said he is liquidating the 1.3% J.C. Penney Long Position initiated in the firm's Model Portfolio in April with the stock down 30% during that time. While acknowledging he "may be pulling the plug at the bottom," he said the company is doing everything in its power to keep its turnaround on track but efforts just are not working. Asset sales are not a sustainable long-term solution and cost-cutting initiatives are beginning to take a toll on operations, as evidenced by the jump in shrinkage that may be linked to understaffing, said Saad.
08/14/17
NRCS
08/14/17
NO CHANGE
Target $9
NRCS
Buy
J.C. Penney gross margin pressures abate in second half, says Northcoast
Northcoast analyst Kara Szafraniec said J.C. Penney shares reacted severely to the Q2 gross margin disappointment, driven largely by the closing of 127 stores. The analyst believes the liquidation of the stores was the right move and management's commentary on the go-forward business was largely encouraging. J.C. Penny's growth categories continue to outpace the chain average and the company remains positioned to defend itself in the current weak apparel environment, Szafraniec wrote. He believes the gross margin pressures will abate in the second half and reiterates his Buy rating and $9 price target.
08/11/17
FBCO
08/11/17
NO CHANGE
FBCO
Underperform
J.C. Penney core operating profitability declining, says Credit Suisse
Credit Suisse analyst Christian Buss, in a research bulletin issued on the heels of J.C. Penney's Q2 report, said "continued caution is in order" as he sees it core operating profitability declining and underlying demand still being "tepid." He has an Underperform rating on J.C. Penney shares, which are down 23% in pre-market trading.
M Macy's
$20.62

0.2 (0.98%)

08/11/17
UBSW
08/11/17
NO CHANGE
Target $21
UBSW
Neutral
Macy's Q2 better than feared, guidance hurts confidence, says UBS
UBS analyst Michael Binetti said Macy's reported Q2 results that were better than feared, but its second half guidance has damaged the confidence that its positive trends are sustainable. The analyst lowered his estimates and his price target to $21 from $23. Binetti maintained his Neutral rating on Macy's shares.
05/12/17
COWN
05/12/17
NO CHANGE
Target $29
COWN
Market Perform
Macy's financial modeling worrisome, says Cowen
Cowen analyst Oliver Chen said the rapid transformation of consumers' shopping preferences presents ongoing challenges to Macy's and other retailers. He said the company needs to reinvent promotional techniques that currently are yielding poor store traffic and higher markdowns. Chen said from a financial modeling perspective he is worried, leading him to maintain his Market Perform rating on Macy's shares and cut his price target to $29 from $44.
06/07/17
GSCO
06/07/17
NO CHANGE
Target $25
GSCO
Neutral
Macy's price target lowered to $25 from $28 at Goldman Sachs
Goldman analyst Lindsay Drucker Mann lowerd Macy's price target to $25 from $28 to reflect weaker margin trends and operating earnings following the company's Investor Day. The analyst is encouraged by the detail around strategic initiatives and has confidence in -3-4% FY17 comp guidance range. Shares are Neutral rated.
06/21/17
GDHS
06/21/17
NO CHANGE
GDHS
Nike-Amazon pact yet another department store headwind, says Gordon Haskett
Gordon Haskett analyst noted the reports of Nike (NKE) nearing a deal to sell directly on Amazon (AMZN), which he said wouldn't impact trends overnight but would represent another headwind for department stores, particularly J.C. Penney (JCP) and Kohl's (KSS), where the brand has a larger penetration than at Macy's (M) and Nordstrom (JWN). He keeps an Accumulate rating on Nordstrom, a Hold rating on Macy's and Reduce rating on both J.C. Penney and Kohl's.
JWN Nordstrom

07/14/17
JPMS
07/14/17
NO CHANGE
JPMS
Underweight
JPMorgan keeps Underweight on Nordstrom after management meetings
JPMorgan analyst Matthew Boss keeps an Underweight rating on Nordstrom (JWN) after meeting management at the company's headquarters. Management would not comment on their evaluation of strategic alternatives and the meeting was reshuffled to exclude members of the Nordstrom family while incoming CFO Anne Bramman attended but did not actively participate, Boss tells investors in a research note. The analyst views the company's EBITDA roadmap as "increasingly uncertain" with a greater emphasis on fashion to differentiate mix versus Amazon.com (AMZN) and rising costs of customer acquisition. He believes the retailer's fundamental multi-year risk profile is elevated.
06/14/17
CLVD
06/14/17
NO CHANGE
CLVD
Nordstrom Q2 comps likely trending below consensus at Cleveland Research
06/09/17
06/09/17
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. Snap (SNAP) downgraded to Neutral from Buy at Citi with analyst Mark May saying a slower than expected roll-out of new platforms and channels like self-serve is slowing down the pace of monetization growth. 2. Domino's Pizza (DPZ) downgraded to Neutral from Buy at Longbow with analyst Alton Stump saying his checks indicate second quarter domestic franchised comparables are up 6.25%-6.75%, versus consensus of 7.4%, and recommends investors take a pause on putting new money to work given recent share strength. 3. Nordstrom (JWN) downgraded to Neutral from Buy at Guggenheim with analyst Michael Binetti saying he does not see much further upside potential, even in a leveraged buyout scenario. The analyst believes a going private buyer could only pay $46 per share to generate a 10% internal rate of return. 4. Cantel Medical (CMD) downgraded to Hold from Buy at Benchmark with analyst Raymond Myers saying that he is increasingly concerned that its comparisons become tougher in the next two quarters. 5. Endo (ENDP) downgraded to Hold following Opana ER removal from market at Stifel with analyst Annabel Samimy saying Endo's recovery "just got harder" following the FDA's request for the company to voluntarily remove Opana ER from the market. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
GPS Gap
$23.14

0.18 (0.78%)

08/18/17
JEFF
08/18/17
NO CHANGE
Target $35
JEFF
Buy
Gap posted solid quarter in tough environment, says Jefferies
Jefferies analyst Randal Konik views Gap's Q2 results as solid amid a tough operating environment for retailers. The company's beat was high quality, with upside on comps and gross margin, Konik tells investors in a post-earnings research note. He notes Q2 was the third consecutive quarter of positive comps. The analyst reiterates a Buy rating on Gap with a $35 price target.
08/18/17
UBSW
08/18/17
NO CHANGE
Target $23
UBSW
Sell
Gap beat expectations but downside risk remains, says UBS
UBS analyst Michael Binetti said Gap had solid Q2 results but he does not see signs of a sustainable earnings acceleration. The analyst sees downside risk from gross margins and SG&A pressure in the second half of the year but raised his estimates slightly due to the Q2 beat. Binetti reiterated his Sell rating and $23 price target on Gap shares.
07/14/17
JPMS
07/14/17
NO CHANGE
Target $27
JPMS
Neutral
Gap added to Analyst Focus List at JPMorgan
JPMorgan analyst Matthew Boss added Netural-rated Gap to his firm's Analyst Focus List and upped his price target for the shares to $27 from $26. Trading at four times EBITDA with a 4% dividend and 8% free cash flow yield, Gap's near-term risk/reward is "too hard to ignore," Boss tells investors in a research note. He calls the company his top Specialty Softlines idea through the end of 2017.
06/05/17
06/05/17
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. Yelp (YELP) upgraded to Buy from Neutral at BofA/Merrill with analyst Justin Post saying consensus estimates are achievable following the first quarter headline miss. The analyst sees improved quarterly net account adds ahead and improved execution driving shares higher. 2. Exxon Mobil (XOM) upgraded to Outperform from Sector Perform at Scotia Howard Weil with the firm saying recent weakness provides a buying opportunity for this defensive play within the oil patch. 3. eBay (EBAY) upgraded to Outperform from Neutral at Credit Suisse with analyst Paul Bieber assuming coverage on the stock while saying there are multiple paths to create value. 4. Gap (GPS) upgraded to Outperform from Perform at Oppenheimer with analyst Anna Andreeva saying the shares are down 17% from last month's highs despite the retailer posting 12% earnings growth in the first quarter. 5. Outfront Media (OUT) upgraded to Buy from Hold at Loop Capital with analyst David Miller saying he believes the "reward outweighs the risk" with the shares down 17% over the past 15 weeks. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

BBBY

Bed Bath & Beyond

$27.30

-1.37 (-4.78%)

15:04
09/19/17
09/19
15:04
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15:04
Options
Bed Bath & Beyond options imply 13.2% move in share price post-earnings, above median historical move »

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ION Geophysical

$9.75

0.05 (0.52%)

15:03
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15:03
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15:03
Conference/Events
ION Geophysical management to meet with Evercore ISI »

Meeting to be held in New…

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UNIT

Uniti Group

$17.47

-0.93 (-5.05%)

, WIN

Windstream

$2.01

-0.03 (-1.47%)

15:02
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S&P downgrades Uniti Group to 'B' on downgrade of Windstream »

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Uniti Group

$17.47

-0.93 (-5.05%)

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Windstream

$2.01

-0.03 (-1.47%)

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  • 02

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WIN

Windstream

$2.01

-0.03 (-1.47%)

, UNIT

Uniti Group

$17.47

-0.93 (-5.05%)

15:02
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09/19
15:02
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15:02
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Windstream, Uniti Group analyst commentary  »

Windstream, Uniti selloff…

WIN

Windstream

$2.01

-0.03 (-1.47%)

UNIT

Uniti Group

$17.47

-0.93 (-5.05%)

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  • 02

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MIK

Michaels

$21.13

-0.36 (-1.68%)

15:00
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Call buyers in Michaels Companies »

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WIN

Windstream

$2.01

-0.03 (-1.47%)

14:59
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S&P downgrades Windstream to 'B' with negative outlook »

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RDNT

RadNet

$11.10

-0.05 (-0.45%)

14:59
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14:59
Hot Stocks
RadNet VP Linden sells 18,000 shares of company stock »

RadNet VP Jeffrey Linden…

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  • 28

    Sep

14:51
09/19/17
09/19
14:51
09/19/17
14:51
General news
Mexico Bolsa market halts trading following earthquake, Bloomberg reports »

Equities, fixed income,…

FDX

FedEx

$215.92

0.84 (0.39%)

14:49
09/19/17
09/19
14:49
09/19/17
14:49
Options
Fedex options imply 4.7% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 19

    Sep

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    Sep

UBNT

Ubiquiti

$50.62

-4.335 (-7.89%)

14:47
09/19/17
09/19
14:47
09/19/17
14:47
Technical Analysis
Technical View: Ubiquiti heading down in late afternoon trading »

The shares have been…

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  • 26

    Sep

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    Nov

VLO

Valero

$72.67

0.47 (0.65%)

14:44
09/19/17
09/19
14:44
09/19/17
14:44
Periodicals
Valero says responding to fire at Port Arthur refinery, Reuters reports »

Valero has confirmed that…

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  • 26

    Oct

UBNT

Ubiquiti

$50.62

-4.335 (-7.89%)

14:42
09/19/17
09/19
14:42
09/19/17
14:42
Recommendations
Ubiquiti analyst commentary  »

Most Citron points on…

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  • 26

    Sep

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    Nov

REV

Revlon

$17.15

1.15 (7.19%)

14:40
09/19/17
09/19
14:40
09/19/17
14:40
Hot Stocks
Revlon jumps after majority shareholder Perelman says won't take private »

Shares of personal care…

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GLNG

Golar LNG

$21.04

-0.41 (-1.91%)

14:35
09/19/17
09/19
14:35
09/19/17
14:35
Options
Golar LNG put volume heavy and directionally bearish »

Bearish flow noted in…

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EWW

iShares MSCI Mexico

$55.84

-0.07 (-0.13%)

14:31
09/19/17
09/19
14:31
09/19/17
14:31
Hot Stocks
Breaking Hot Stocks news story on iShares MSCI Mexico »

iShares MSCI Mexico dips…

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ICON

Iconix Brand

$5.88

0.19 (3.34%)

14:29
09/19/17
09/19
14:29
09/19/17
14:29
Initiation
Iconix Brand initiated  »

Iconix Brand initiated…

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  • 28

    Sep

14:26
09/19/17
09/19
14:26
09/19/17
14:26
General news
Puebla, Mexico hit by 7.1 magnitude earthquake »

Reported by…

$NSD

NASDAQ Market Internals

14:17
09/19/17
09/19
14:17
09/19/17
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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SAIC

SAIC

$64.20

0.92 (1.45%)

14:16
09/19/17
09/19
14:16
09/19/17
14:16
Hot Stocks
SAIC moving into initial production phase for Marines' AAV SU program »

The U.S. Marine Corps…

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$NYE

NYSE Market Internals

14:16
09/19/17
09/19
14:16
09/19/17
14:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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UNIT

Uniti Group

$17.47

-0.93 (-5.05%)

14:15
09/19/17
09/19
14:15
09/19/17
14:15
Options
Uniti Group put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 02

    Oct

POR

Portland General Electric

$46.57

0.21 (0.45%)

14:15
09/19/17
09/19
14:15
09/19/17
14:15
Recommendations
Portland General Electric analyst commentary  »

Portland General Electric…

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VOLVY

Volvo

14:01
09/19/17
09/19
14:01
09/19/17
14:01
Periodicals
Volvo to expand South Carolina production plant, CNBC reports »

Volvo is adding an…

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PETS

PetMed Express

$35.81

0.25 (0.70%)

13:55
09/19/17
09/19
13:55
09/19/17
13:55
Hot Stocks
PetMed lower after unverified Twitter user mentions SEC investigation »

Unverified Twitter user…

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BBY

Best Buy

$53.68

-3.6695 (-6.40%)

13:55
09/19/17
09/19
13:55
09/19/17
13:55
Conference/Events
Best Buy to host investor day »

Investor Day to be held…

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  • 19

    Sep

  • 22

    Oct

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