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Fly News Breaks for August 4, 2016
APO, CELG, ADM, SAVE, TXN
Aug 4, 2016 | 10:41 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Texas Instruments (TXN) upgraded to Neutral from Underperform at Exane BNP Paribas. 2. Spirit Airlines (SAVE) upgraded to Strong Buy from Outperform at Raymond James with analyst Savanthi Syth saying the recent weakness in the shares brings a "very attractive entry point." 3. Archer Daniels (ADM) upgraded to Buy from Hold at Argus with analyst David Coleman citing valuation and management's optimistic outlook for the second half of 2016. 4. Celgene (CELG) upgraded to Buy from Neutral at BTIG. Analyst Dane Leone believes the company's 2020 financial targets are achievable and represent upside to current consensus estimates. 5. Apollo Global (APO) upgraded to Outperform from Perform at Oppenheimer and to Outperform from Market Perform at Keefe Bruyette. 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 TXN;SAVE;ADM;CELG;APO From the Last 2 Days
ADM
Apr 22, 2024 | 16:32 EDT
In a regulatory filing, Archer Daniels-Midland disclosed that on April 19, the company and CFO Vikram Luthar entered into a transition agreement under which Luthar will resign effective September 30, 2024. Until such resignation date, Luthar will be available to assist the company and provide transitional support as needed, as a non-executive employee.