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Fly News Breaks for November 26, 2018
NVS, INTU, RF, CTSH, T
Nov 26, 2018 | 10:36 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. AT&T (T) upgraded to Neutral from Sell at MoffettNathanson analyst Craig Moffett citing valuation. 2. Cognizant (CTSH) upgraded to Buy from Neutral at Goldman Sachs with analyst James Schneider saying Improving revenue growth brings prospects for a stock "re-rating." 3. Regions Financial (RF) upgraded to Overweight from Neutral at JPMorgan with analyst Vivek Juneja saying he expects the company to benefit from commercial and industrial loan growth, low deposit beta and improved efficiency. 4. Intuit (INTU) upgraded to Outperform from Sector Perform at RBC Capital with analyst Ross MacMillan citing the findings from his most recent survey of tax filers which suggests that "do-it-yourself" tax preparation should gain share from assisted filings as a result of the latest tax code changes. 5. Novartis (NVS) upgraded to Outperform from Market Perform at Cowen with analyst Steven Scala saying he called it his Best Idea for 2019 as the company has transformed its business to deliver big potential new drugs with upside potential. He also cites aggressive management and the recent underperformance of the shares. 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 T;CTSH;RF;INTU;NVS From the Last 2 Days
RF
Apr 19, 2024 | 09:08 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here
RF
Apr 19, 2024 | 06:03 EDT
"We continue to focus on the successful execution of our strategic plan, and that is reflected in our core performance," said John Turner, Chairman and CEO of Regions Financial Corp. Turner added, "Our results reflect the strength and diversity of our balance sheet, robust liquidity position, and proactive interest rate risk management practices. Our hedging strategies position us for success in a vast array of economic conditions and support our commitment to generating consistent, sustainable long-term performance as we once again generated top-quartile returns and a peer-leading net interest margin."