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Fly News Breaks for January 27, 2020
WYNN, EL, XPO, AXP, INTC
Jan 27, 2020 | 10:12 EDT
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Intel (INTC) downgraded to Market Perform from Outperform at Northland with analyst Gus Richard saying while he sees a number of potential positive and negative catalysts for Intel shares, he does not know which will come first. 2. American Express (AXP) downgraded to Equal Weight from Overweight at Stephens with analyst Vincent Caintic citing valuation. 3. XPO Logistics (XPO) downgraded to Equal Weight from Overweight at Barclays. 4. Estee Lauder (EL) downgraded to Perform from Outperform at Oppenheimer with analyst Rupesh Parikh saying after recent developments in China with the coronavirus coupled with the premium valuation at which shares trade, he no longer views the risk/reward as attractive from current levels. 5. Wynn Resorts (WYNN) downgraded to Neutral from Buy at BofA with analyst Shaun Kelley citing the recent spread of fears and headlines related to the Wuhan coronavirus, pressuring regional travel and Macau traffic. 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 INTC;AXP;XPO;EL;WYNN From the Last 2 Days
EL
Mar 28, 2024 | 12:00 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
WYNN
Mar 28, 2024 | 09:34 EDT
Nevada reports February Las Vegas Strip gaming win up 12.4% to $800.75M versus last year. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).
EL
Mar 28, 2024 | 05:51 EDT
BofA upgraded Estee Lauder to Buy from Neutral with a price target of $170, up from $160. The company currently has a range of initiatives to recovery profitability, sharpen product efficiency, and achieve more balance across channels and geographies, the analyst tells investors in a research note. The firm expects market share growth and operating leverage as Estee reduces its reliance on China and travel retail. It believes the company's earnings have bottomed.