Information Provided By:
Fly News Breaks for February 7, 2020
SIRI, FNKO, YUM, F, BDX
Feb 7, 2020 | 10:05 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Becton Dickinson (BDX) was downgraded to Outperform from Strong Buy at Raymond James, to Market Perform from Outperform at Cowen, and to Sector Weight from Overweight at KeyBanc. 2. Ford (F) downgraded to Neutral from Outperform at Credit Suisse with analyst Dan Levy saying with Ford posting a third straight quarter of weak guidance, and with EBIT now down by nearly 50% since 2016 despite strength in its core market and product, there are increasingly questions of execution risk clouding the path of recovery. 3. Yum! Brands (YUM) downgraded to Neutral from Buy at BTIG with analyst Peter Saleh saying the U.S. Pizza Hut sales were weak as the "widely publisized" struggles among franchisees contributed to a 4% decline in comps. 4. Funko (FNKO) downgraded to Hold from Buy at Stifel with analyst Drew Crum saying the magnitude of the company's Q4 miss weakens his investment thesis, which assumed Funko's "broad diversity insulated it from this type of shortfall." 5. Sirius XM (SIRI) downgraded to Neutral from Outperform at Credit Suisse with analyst Brian Russo citing valuation. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For BDX;F;YUM;FNKO;SIRI From the Last 2 Days
F
Mar 26, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
F
Mar 26, 2024 | 15:52 EDT
After this morning's collapse of the Francis Scott Key Bridge in Maryland closed the Port of Baltimore, JPMorgan economist Michael Feroli noted that the port ranks 17th among U.S. ports in tonnage handled, but ranks first for light vehicle imports and is also an important coal export terminal. However, the firm's initial assessment is that this development will "likely only have minimal implications for vehicle inflation" given that many more vehicles are imported over land from Canada and Mexico and that vessels are already being diverted to other East Coast ports. Publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
F
Mar 26, 2024 | 15:06 EDT
Bullish option flow detected in Ford with 73,642 calls trading, 1.5x expected, and implied vol increasing over 1 point to 33.40%. 4/5 weekly 13 calls and 3/28 weekly 12.82 calls are the most active options, with total volume in those strikes near 17,400 contracts. The Put/Call Ratio is 0.62. Earnings are expected on April 24th.
F
Mar 26, 2024 | 12:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here