Information Provided By:
Fly News Breaks for December 6, 2016
NUE, UAL, SBUX, NFLX, P
Dec 6, 2016 | 10:33 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Pandora (P) upgraded to Outperform from Perform at Oppenheimer with analyst Jason Helfstein saying a combination with Sirius XM (SIRI) makes sense at $18-$21 per share. 2. Netflix (NFLX) upgraded to Hold from Sell at Evercore ISI with analyst Ken Sena saying much of the competition he had feared has gained little traction. 3. Starbucks (SBUX) upgraded to Buy from Hold at Edward Jones. 4. United Continental (UAL) upgraded to Buy from Neutral at BofA/Merrill with analyst Andrew Didora saying United 's low margins relative to the group give it the most upside to a economic recovery while its corporate hub focus will benefit from improving business conditions and better than expected GDP. 5. Nucor (NUE) upgraded to Buy from Hold at Berenberg with Alessandro Abate saying higher steel prices and expectations for stronger volumes, combined with OPEC's decision to curb oil output, underpin momentum for the U.S. steel industry long-term and offset risks of a pullback. 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 P;NFLX;SBUX;UAL;NUE From the Last 2 Days
SBUX
Apr 26, 2024 | 13:49 EDT
Starbucks held deal talks with the Workers United union over a two-day session in Atlanta, with plans to meet once more late next month, Reuters' Savyata Mishra reports. The two parties started negotiations this week on what they called a "foundational framework" to guide union organizing and collective bargaining across the U.S., the author notes. Reference Link
NFLX
Apr 24, 2024 | 14:02 EDT
Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here
NUE
Apr 24, 2024 | 09:54 EDT
BMO Capital lowered the firm's price target on Nucor to $200 from $210 and keeps a Market Perform rating on the shares after its Q1 earnings miss. Following nine consecutive quarters of beating expectations, Nucor's results and outlook disappointed, while its Q2 results are also expected to moderate sequentially, the analyst tells investors in a research note. Nucor remains well-positioned to benefit from positive longer-term demand tailwinds, but its capex spending elevated, BMO adds.