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Fly News Breaks for September 7, 2018
AYI, LUV, FIVE, AKS, COG
Sep 7, 2018 | 10:27 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Cabot Oil & Gas (COG) upgraded to Outperform from In Line at Evercore ISI with analyst Stephen Richardson saying tailwinds including improvement of in-basin demand/supply fundamentals as well as shifts in timing of incremental takeaway capacity positions Cabot as a re-emerging high growth E&P. 2. AK Steel (AKS) upgraded to Buy from Underperform at BofA/Merrill with analyst Timna Tanners saying he is now modeling 2019 spot benchmark hot rolled coil at 750/short ton versus $700 previously and expects 85% of AK Steel's sheet business that is on fixed-price contracts will have a substantial increase in 2019. 3. Five Below (FIVE) upgraded to Buy at Gordon Haskett. 4. Southwest (LUV) upgraded to Buy from Hold at Argus with analyst John Staszak citing the recent improvements in domestic airline fares along with the positive outlook for stronger revenue per seat mile, or RASM, in the coming quarters. 5. Acuity Brands (AYI) upgraded to Outperform from Neutral at Baird with with analyst Timothy Wojs saying his lighting survey shows accelerating industry volumes and a stabilizing pricing environment. 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 COG;AKS;FIVE;LUV;AYI From the Last 2 Days
LUV
Apr 26, 2024 | 17:58 EDT
Southwest Airlines Co. has extended its flight schedule through March 5, 2025, to allow customers to plan and book travel well into the new year. "We're positioning ourselves as a competitive choice in longer-term travel planning by displaying a greater depth of our schedule alongside our unique flexibility," said Ryan Green, Executive Vice President & Chief Commercial Officer. "I want to thank our Teams that worked across the organization to better serve our Customers by giving them even more to love about Southwest."
FIVE
Apr 26, 2024 | 15:29 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 22-26. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
LUV
Apr 26, 2024 | 08:54 EDT
TD Cowen lowered the firm's price target on Southwest to $25 from $26 and keeps a Hold rating on the shares. The firm said they reported another quarterly loss as revenue growth continues to lag cost growth. Management is focused on increasing revenue to cover higher costs including higher wage rates above historical levels albeit in line with the peer group.
FIVE
Apr 25, 2024 | 16:29 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
LUV
Apr 25, 2024 | 12:54 EDT
Says majority of Boeing (BA) capacity cuts expected to take place early in the year.
LUV
Apr 25, 2024 | 12:36 EDT
Says saw nice acceleration in managed business revenues in Q1. Says continued streak of "solid" operations performance in Q1. Says eliminating service in Syracuse, Cozumel, Bellingham, and Houston. Says reducing flights in Atlanta and Chicago. Comments taken from Q1 earnings conference call.
FIVE
Apr 25, 2024 | 12:09 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
LUV
Apr 25, 2024 | 08:53 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
LUV
Apr 24, 2024 | 14:22 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Merck (MRK), consensus $1.87... Caterpillar (CAT), consensus $5.14... Comcast (CMSCA), consensus 99c... Honeywell (HON), consensus $2.17... Bristol-Myers (BMY), consensus ($4.44)... Altria (MO), consensus $1.15... Keurig Dr. Pepper (KDP), consensus 35c... GE Vernova (GEV), consensus (37c)... Royal Caribbean (RCL), consensus $1.33... Tractor Supply (TSCO), consensus $1.72... Mobileye (MBLY), consensus (6c)... Textron (TXT), consensus $1.23... LabCorp (LH), consensus $3.48... Southwest Airlines (LUV), consensus (34c)... American Airlines (AAL), consensus (29c)... Harley-Davidson (HOG), consensus $1.51.