Fly News Breaks for September 8, 2015
TKPPY, SYRG, RGLD, PZN, PE, PDCE, OMAB, NOG, NOR, MRVL, MEGEF, LLL, INFN, EOG, FANG, STZ, CCE, CWEI, CNK, CPE, BCEI, BBG, AKS
Sep 8, 2015 | 10:00 EDT
Today's noteworthy downgrades include: AK Steel (AKS) downgraded to Neutral from Buy at BofA/Merrill... Bill Barrett (BBG) downgraded to Underperform from Market Perform at Cowen... Bonanza Creek (BCEI) downgraded to Underperform from Market Perform at Cowen... Callon Petroleum (CPE) downgraded to Market Perform from Outperform at Cowen... Cinemark (CNK) downgraded to Neutral from Outperform at Macquarie... Clayton Williams (CWEI) downgraded to Underperform from Market Perform at Cowen... Coca-Cola Enterprises (CCE) downgraded on valuation, near-term outlook at RBC Capital... Constellation Brands (STZ) downgraded to Outperform from Top Pick at RBC Capital... Denbury Resources (DNR) downgraded to Sell from Neutral at UBS... Diamondback Energy (FANG) downgraded to Market Perform from Outperform at Cowen... EOG Resources (EOG) downgraded to Neutral from Outperform at Credit Suisse... Infinera (INFN) downgraded to Sell from Neutral at Goldman... L-3 Communications (LLL) downgraded to Neutral from Buy at Goldman... MEG Energy (MEGEF) downgraded to Neutral from Buy at UBS... Marvell (MRVL) downgraded to Neutral from Overweight at JPMorgan... Noranda Aluminum (NOR) downgraded to Sell from Neutral at UBS... Northern Oil and Gas (NOG) downgraded to Underperform from Market Perform at Cowen... OMA Airports (OMAB) downgraded to Sell from Neutral at Goldman... PDC Energy (PDCE) downgraded to Market Perform from Outperform at Cowen... Parsley Energy (PE) downgraded to Market Perform from Outperform at Cowen... Pzena Investment (PZN) downgraded to Neutral from Overweight at JPMorgan... Royal Gold (RGLD) downgraded to Neutral from Buy at Goldman... Synergy Resources (SYRG) downgraded to Market Perform from Outperform at Cowen... Technip (TKPPY) downgraded to Reduce from Neutral at Nomura.
News For AKS;BBG;BCEI;CPE;CNK;CWEI;CCE;STZ;FANG;EOG;INFN;LLL;MEGEF;MRVL;NOR;NOG;OMAB;PDCE;PE;PZN;RGLD;SYRG;TKPPY From the Last 2 Days
EOG
Mar 18, 2024 | 10:09 EDT
Citi raised the firm's price target on EOG Resources to $124 from $120 and keeps a Neutral rating on the shares. The analyst continues to see an incremental trend in well productivity improvements on the natural gas side, with the Haynesville leading the way. The analyst updated models in the U.S. oil and gas exploration and production group following a post-earnings analysis.
STZ
Mar 18, 2024 | 09:45 EDT
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's... To see the rest of the story go to thefly.com.
See Story HereSTZ
Mar 18, 2024 | 09:21 EDT
BofA raised the firm's price target on Constellation Brands to $300 from $290 and keeps a Buy rating on the shares. The firm lowered its Q4 beer depletions forecast from 8% to 6.5%, driven by weather impacts in January. However, it notes that since then consumption has rebounded and the firm expects a better exit rate heading into Q1. For FY25, the firm expects Constellation to guide earnings in-line with its long-term algorithm with beer segment and share repurchases offsetting weakness in Wine and Spirits, the analyst added.