Information Provided By:
Fly News Breaks for April 23, 2018
XOM, HBI, UAA, VZ, KORS
Apr 23, 2018 | 10:17 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Michael Kors (KORS) upgraded to Buy from Hold at Deutsche Bank with analyst Paul Trussell saying the company is in the "middle innings" of a turnaround and is nearing an inflection point. 2. Verizon (VZ) upgraded to Overweight from Equal Weight at Barclays with analyst Amir Rozwadowski saying the company is better positioned than the current valuation implies. 3. Under Armour (UA, UAA) upgraded to Hold from Sell at Deutsche Bank with analyst Paul Trussell saying estimates for the first quarter and fiscal 2018 earnings are attainable, reflecting improved sell-through of new products and a commitment to cost reduction. 4. Hanesbrands (HBI) upgraded to Buy from Hold at Stifel with analyst Jim Duffy noting that the Champion brand is experiencing positive momentum in the lifestyle apparel space while its acquisitions in recent years have diversified the revenue mix and improved the overall portfolio's characteristics. 5. Exxon Mobil (XOM) upgraded to Market Perform from Underperform at Raymond James with analyst Pavel Molchanov saying Exxon's dividend yield has widened at a near-record level of 3.9% and there is a realistic chance the company will reinstate a share buyback in the near future. 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 KORS;VZ;UAA;HBI;XOM From the Last 2 Days
VZ
Apr 23, 2024 | 06:22 EDT
Wells Fargo lowered the firm's price target on Verizon to $40 from $44 and keeps an Equal Weight rating on the shares. The firm sees encouraging signs in Q1 - improvement in sub trends and limited churn from price-ups - offset by some softness in the business segment and prepaid. Wells would get more constructive when there's visibility on a sustainable improvement in sub trends.
VZ
Apr 22, 2024 | 16:28 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
VZ
Apr 22, 2024 | 12:15 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
VZ
Apr 22, 2024 | 08:57 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Vista... To see the rest of the story go to thefly.com. See Story Here
VZ
Apr 22, 2024 | 07:07 EDT
Total wireless service revenue of $19.5 billion, a 3.3 percent increase year over year. Retail postpaid phone net losses of 68,000, and retail postpaid net additions of 253,000. Retail postpaid phone churn of 0.89 percent, and retail postpaid churn of 1.15 percent.
VZ
Apr 22, 2024 | 07:05 EDT
Total wireless service revenue growth of 2.0 percent to 3.5 percent. Adjusted EBITDA growth of 1.0 percent to 3.0 percent. Capital expenditures between $17.0 billion and $17.5 billion. Adjusted effective income tax rate1 in the range of 22.5 percent to 24.0 percent.