Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Starbucks (SBUX) downgraded to Neutral on valuation at Wedbush with analyst Nick Setyan saying current 2017 and 2018 expectations are realistic and valuation is fair. 2. Anadarko (APC) downgraded to Underweight from Equal Weight at Barclays with analyst Thomas Driscoll saying he believes low multiples are appropriate for Anadarko's "short-lived" Gulf of Mexico assets and thinks investors should value the master limited partnership assets at less than market prices. 3. Five Below (FIVE) downgraded to Sector Weight from Overweight at KeyBanc with analyst Bradley Thomas citing the stock's 28% year-to-date rally and recent channel checks which indicate fidget spinner sales "are fading." 4. Hawaiian Holdings (HA) downgraded to Sell from Hold at Stifel with analyst Joseph DeNardi predicting capacity into Hawaii to increase. 5. Carlisle (CSL) downgraded to Perform from Outperform at Oppenheimer with analyst Jim Giannakouros saying cost and pricing dynamics create near-term earnings risk. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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

Reports Q1 revenue $1.10B, consensus $996.1M. Chris Koch, CEO, says: "We were pleased with our overall sales growth and margin expansion during the first quarter which reinforces the underlying themes and key strategies we have outlined in Vision 2030. While still early in the year, our general market feedback indicates the overall construction markets we participate in will have a productive 2024 season. Growing re-roof activity from pent-up demand, favorable weather conditions fostering healthy construction activity, and normalized customer inventory levels all positively impacted our first quarter efforts. We are pleased that the margin expansion delivered in the second half of 2023 continues as we benefit from synergies from the Henry integration, our on-going COS initiatives, and operating efficiencies on higher volumes. Pricing continues to be in-line with our expectations, and we are optimistic on pricing for the balance of the year based on the recent price increases in the industry. After announcing our Vision 2030 plan in December of last year, we took the final step in delivering on our commitment to becoming a pure play building products company with the announced sale of CIT in January for approximately $2 billion to Amphenol. Furthermore, in March, we announced the signing of an agreement to acquire MTL, a specialty manufacturer of high-performance metal edge and wall systems. Both actions reinforce our commitment to our pure play building products strategy, our philosophy of superior capital allocation, and ultimately driving best-in-class ROIC. We are very excited with the planned acquisition of MTL which aligns seamlessly with Carlisle's Vision 2030 strategy to invest in and enhance our building envelope product portfolio."

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

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

Raises FY24 operating revenue per ASM view to up 4.1%-6.3% from up 0.7%-3.0%.

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