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Fly News Breaks for February 14, 2020
XYL, EBR, IP, IMAB, YUM
Feb 14, 2020 | 10:20 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Yum! Brands (YUM) initiated with a Hold at Deutsche Bank. 2. I-MAB (IMAB) initiated with an Outperform at CICC. 3. International Paper (IP) reinstated with a Neutral at Credit Suisse. 4. Centrais Electricas (EBR) initiated with a Buy at Goldman Sachs. 5. Xylem (XYL) initiated with a Neutral at Rosenblatt. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For YUM;IMAB;IP;EBR;XYL From the Last 2 Days
IP
Apr 25, 2024 | 07:04 EDT
Reports Q1 revenue $4.62B, consensus $4.56B. "International Paper made progress executing our strategic initiatives in the first quarter,'' said Mark Sutton, chairman and CEO. "We saw commercial benefits from our business strategies, as well as cost benefits from mill system optimization. Although costs remain elevated and volumes were seasonally lower in the quarter, market trends continue to improve."
IP
Apr 24, 2024 | 09:41 EDT
YUM
Apr 23, 2024 | 05:57 EDT
Citi lowered the firm's price target on Yum! Brands to $162 from $166 and keeps a Buy rating on the shares ahead of the Q1 report. The analyst expects Yum continues to voice confidence in 5% unit growth, and its digital initiatives are growing sales for franchisees. The firm views the company's near-term outlook as "shakier" than the long-term.
