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Fly News Breaks for May 11, 2015
WFT, TNK, SPR, RES, SAMG, QLTY, PRA, POST, PVTB, PNNT, PFLT, PTEN, PACD, PRAA, PNC, OUTR, NTAP, NOV, JPM, MNKD, HBM, HCLP, DYAX, ETSY, DAKP, CLC, CBI, AT, AMZG, AOL
May 11, 2015 | 09:59 EDT
Today's noteworthy downgrades include: AOL (AOL) downgraded to Sell from Underperform at CLSA... American Eagle Energy (AMZG) downgraded to Hold from Buy at Johnson Rice... Atlantic Power (AT) downgraded to Underperform from Sector Perform at RBC Capital... Chicago Bridge & Iron (CBI) downgraded to Accumulate from Buy at Tudor Pickering... Clarcor (CLC) downgraded to Hold from Buy at BB&T... Dakota Plains Holdings (DAKP) downgraded to Market Perform from Outperform at Northland... Dyax (DYAX) downgraded to Perform from Outperform at Oppenheimer... Etsy (ETSY) downgraded to Underperform from Neutral at Wedbush... Hi-Crush Partners (HCLP) downgraded to Neutral from Outperform at Credit Suisse... Hudbay Minerals (HBM) downgraded to Hold from Buy at Canaccord... JPMorgan (JPM) downgraded to Neutral from Buy at MKM Partners... MannKind (MNKD) downgraded to Underweight from Neutral at JPMorgan... National Oilwell (NOV) downgraded to Sell from Neutral at Citigroup... NetApp (NTAP) cut to sell on competition concerns at Pacific Crest... Outerwall (OUTR) downgraded to Equal-Weight from Overweight at First Analysis... PNC Financial (PNC) downgraded to Neutral at Susquehanna... PRA Group (PRAA) downgraded to Neutral from Outperform at Macquarie... Pacific Drilling (PACD) downgraded to Neutral from Buy at Guggenheim... Patterson-UTI (PTEN) downgraded to Neutral from Buy at Citigroup... PennantPark Floating Rate (PFLT) downgraded to Neutral from Buy at Ladenburg... PennantPark (PNNT) downgraded to Neutral from Buy at Ladenburg... Post Holdings (POST) downgraded to Neutral from Buy at Citigroup... PrivateBancorp (PVTB) downgraded to Neutral from Outperform at Macquarie... ProAssurance (PRA) downgraded to Neutral from Buy at Janney Capital... Quality Distribution (QLTY) downgraded to Hold from Buy at BB&T... RPC, Inc. (RES) downgraded to Sell from Neutral at Citigroup... Silvercrest Asset (SAMG) downgraded to Outperform from Strong Buy at Raymond James... Spirit AeroSystems (SPR) downgraded to Sector Perform from Outperform at RBC Capital... Teekay Tankers (TNK) downgraded to Hold from Buy at Deutsche Bank... Weatherford (WFT) downgraded to Neutral from Buy at Citigroup.
News For AOL;AMZG;AT;CBI;CLC;DAKP;ETSY;DYAX;HCLP;HBM;MNKD;JPM;NOV;NTAP;OUTR;PNC;PRAA;PACD;PTEN;PFLT;PNNT;PVTB;POST;PRA;QLTY;SAMG;RES;SPR;TNK;WFT From the Last 2 Days
ETSY
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ETSY
Apr 18, 2024 | 16:26 EDT
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ETSY
Apr 18, 2024 | 12:00 EDT
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HBM
Apr 18, 2024 | 11:54 EDT
Raymond James raised the firm's price target on Hudbay Minerals to C$11.50 from C$10.50 and keeps an Outperform rating on the shares.
PRAA
Apr 17, 2024 | 16:07 EDT
PRA Group has named Steve Macke as its global operations officer, effective April 29, following an external search. Macke joined Citi in 1991 as a collector and rose through the leadership ranks, having most recently served as managing director and global head of contact centers. Previously, he was managing director and global head of collections and default management, as well as managing director and global head of workforce management.
NTAP
Apr 17, 2024 | 13:16 EDT
Bearish flow noted in NetApp with 1,299 puts trading, or 2x expected. Most active are 4/26 weekly 98 puts and 4/26 weekly 97 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 2.39, while ATM IV is up over 1 point on the day. Earnings are expected on May 30th.