Information Provided By:
Fly News Breaks for March 22, 2016
CAR, WST, SLM, MNST, FGP
Mar 22, 2016 | 10:25 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Ferrellgas Partners LP (FGP) initiated with a Neutral at Janney Capital by analyst Nathan Judge, who said valuation offsets lack of growth distribution. 2. Monster Beverage (MNST) initiated with a Neutral at BofA/Merrill given shares trade at a premium valuation. 3. Sallie Mae (SLM) initiated with a Buy at DA Davidson by analyst Arren Cyganovich, who believes shares are undervalued given SLM's dominant market position and expected growth. 4. West Pharmaceutical (WST) initiated with an Outperform at Wells Fargo with analyst Tim Evans believing that injectables will grow at twice the rate of small molecule drugs over the next five years. He calls West the dominant manufacturer of critical components for the packaging and delivery of complex injectables. 5. Avis Budget (CAR) initiated with a Buy at Sterne Agee CRT. 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 FGP;MNST;SLM;WST;CAR From the Last 2 Days
MNST
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
MNST
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
MNST
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
MNST
Apr 25, 2024 | 06:11 EDT
Truist downgraded Monster Beverage to Sell from Buy with a price target of $46, down from $65.
MNST
Apr 25, 2024 | 04:52 EDT
JPMorgan analyst Andrea Teixeira downgraded Monster Beverage to Neutral from Overweight with a price target of $59, down from $66, ahead of the company's Q1 earnings report on May 8. While the shares have already sold off, there are limited catalysts to the upside at this point as "long-hoped for potential price increases somehow lost their attractiveness" due to the latest run up in aluminum prices and an already-stretched lower income consumer, the analyst tells investors in a research note. Moreover, the firm says Monster's tracked and untracked channel trends are still challenged and it appears that household penetration and buy rates are pressured.
SLM
Apr 24, 2024 | 16:34 EDT
Reports Q1 NII $387M vs. $405M last year. Reports Q1 net interest margin 5.49% vs. 5.70% last year.