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Fly News Breaks for June 14, 2018
ACC, WTI, NL, KBR, COF
Jun 14, 2018 | 10:05 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Capital One (COF) upgraded to Overweight from Neutral at Piper Jaffray with analyst Kevin Barker saying the company's credit profile has improved faster than expected. 2. KBR (KBR) upgraded to Neutral from Sell at Goldman Sachs. 3. NL Industries (NL) upgraded to Equal Weight from Underweight at Barclays with analyst Duffy Fischer saying improvement in equity earnings at Kronos, primarily due to higher TiO2 price realization, provides a better outlook. 4. W&T Offshore (WTI) upgraded to Buy from N/A previously at Seaport Global with analyst Mike Kelly citing an improved oil price outlook, industry-wide capital improvements across the Gulf of Mexico, and company specific events including the attractively priced acquisition and a transformational JV agreement. 5. American Campus (ACC) upgraded to Buy from Neutral at BofA/Merrill with analyst Juan Sanabria saying American Campus is positioning to be a leader in student housing and sees support from institutional interest in the space and views it as attractive versus multifamily valuations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For COF;KBR;NL;WTI;ACC From the Last 2 Days
KBR
Apr 17, 2024 | 06:03 EDT
KBR announced it has signed a contract to provide its green ammonia technology, K-GreeN, for Fortescue's Holmaneset green energy project in Norway. Under the terms of the contract, KBR will provide technology license, proprietary engineering design, and FEED support engineering services for the 675 metric tonnes per day grassroots green ammonia plant in Norway.