Information Provided By:
Fly News Breaks for November 29, 2019
CENT, DE, DLTR, GIL, SSL
Nov 29, 2019 | 09:58 EDT
Catch up on today's top five analyst actions with this list compiled by The Fly: 1. Sasol (SSL) upgraded to Buy from Neutral at Goldman Sachs with analyst Faisal AlAzmeh saying "several near-term bad news items are priced into the shares." 2. Gildan Activewear (GIL) upgraded to Buy from Hold at Desjardins. 3. Dollar Tree (DLTR) downgraded to Neutral from Overweight at Atlantic Equities. 4. Deere (DE) downgraded to Sell from Hold at DZ Bank. 5. Central Garden & Pet (CENT) downgraded to Hold from Buy at Argus, with analyst John Staszak saying while the company posted "solid" sales in Q4, its earnings and margins declined. The analyst is also "concerned" with the company's lack of detailed FY20 guidance given its recent appointment of a new CEO and intends to "look closely" at its new forecasts expected to be made in February that will reflect the management's plans and strategy. 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 SSL;GIL;DLTR;DE;CENT From the Last 2 Days
SSL
Apr 23, 2024 | 12:00 EDT
Sasol is down -9.5%, or -76c to $7.17.
SSL
Apr 23, 2024 | 10:00 EDT
Sasol is down -10.0%, or -79c to $7.14.
DE
Apr 23, 2024 | 07:42 EDT
Cyngn (CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's (DE) operation in Dubuque, Iowa. Cyngn is a supplier of AI-powered autonomous vehicle and data solutions based in Menlo Park, CA.
GIL
Apr 22, 2024 | 05:12 EDT
The board also provided an update on its previously communicated sale process in response to the receipt of a confidential non-binding expression of interest to acquire Gildan: "There continues to be external interest in acquiring the Company and the process is ongoing. Due to the timing of the upcoming Annual Meeting, which the Board is fully committed to hold on May 28, as originally planned, we do not expect to make any further announcements on the potential sale process before then. We are confident that with the stability resulting from the resolution of the contested directors' election issue at the Annual Meeting, the newly reconstituted Board that we are recommending to our shareholders will, if elected, pursue their fiduciary duties by reviewing such external interest and assessing it against the Company's future plans." Gildan intends to file by April 29 its management proxy circular with the Canadian securities regulatory authorities on SEDAR+ in connection with its upcoming 2024 annual meeting to be held on May 28.