Breaking News Instant updates and real-time market news.

TIME

Time Inc.

$19.05

0.05 (0.26%)

08:50
02/17/17
02/17
08:50
02/17/17
08:50

Time Inc. downgraded to Underweight from Equal Weight at Stephens

Stephens analyst Kyle Evans downgraded Time Inc. to Underweight from Equal Weight and lowered his price target on the stock to $15 from $17, saying he sees low revenue visibility, limiting a potential buyout premium.

TIME Time Inc.
$19.05

0.05 (0.26%)

12/22/16
SBSH
12/22/16
NO CHANGE
Target $20
SBSH
Buy
Citi sees sale as most likely option for Time Inc.
Citi analyst Jason Bazinet believes a company sale is the most likely option for Time Inc. (TIME). He raised his price target for the shares to $20 from $17 and keeps a Buy rating on the name. Meredith (MDP) is the most likely bidder for Time, the analyst tells investors in a research note. He sees upside of $23 per share for Time, which assumes a sale following a turnaround, and potential downside of $14, which assumes no sale and no turnaround.
01/06/17
SPHN
01/06/17
NO CHANGE
SPHN
Stephens bearish on hypothetical Meredith, Time Inc. deal
Following rumors that Meredith (MDP) is interested in merging with/acquiring Time Inc. (TIME), Stephens analyst Kyle Evans says he does not like the risk/reward of both companies merging. The analyst believes Time Inc. would add "significant operational risk" to Meredith's smaller, more-focused magazine business and risk investor confusion, while from a Time Inc. shareholder perspective, the timing is bad given recent/significant management and operational changes. Moreover, Evans believes the revenue and cost synergies of a combination are unclear. He reiterates an Equal Weight on both shares.
01/10/17
WELS
01/10/17
UPGRADE
WELS
Outperform
Time Inc. upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Eric Katz upgraded Time Inc. (TIME) to Outperform citing potential upside from a takeover by Meredith (MDP). A combination makes sense, and Meredith shares are pricing in a $23 purchase price for Time, Katz tells investors in a research note. Should a deal not materialize, Time shares could fall to $14, but it's more likely a deal is done at $23 per share, the analyst argues. Katz raised his price target range for Time to $21-$23 from $15-$17.
01/10/17
01/10/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. American Express (AXP) upgraded to Outperform from Perform at Oppenheimer with analyst Ben Chittenden citing a better economic backdrop and the stock's underperformance relative to peers since the U.S. election. 2. Barracuda (CUDA) was upgraded to Neutral from Underperform at DA Davidson and to Overweight from Equal Weight at Stephens. 3. Acuity Brands (AYI) was upgraded to Outperform from Neutral at Baird and to Buy from Outperform at CLSA. 4. E-Trade (ETFC) upgraded to Buy from Neutral at Goldman with analyst Conor Fitzgerald saying he expects revenue acceleration from higher rates combined with balance sheet growth from deposit sweeps, focus on expenses by new management, and potential for reduced bank regulation. 5. Time Inc. (TIME) upgraded to Outperform from Market Perform at Wells Fargo with analyst Eric Katz citing potential upside from a takeover by Meredith (MDP). A combination makes sense, and Meredith shares are pricing in a $23 purchase price for Time, Katz tells investors in a research note. Should a deal not materialize, Time shares could fall to $14, but it's more likely a deal is done at $23 per share, the analyst argues. Katz raised his price target range for Time to $21-$23 from $15-$17. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

HUSKF

Husky Energy

$12.76

0.3377 (2.72%)

18:44
12/14/17
12/14
18:44
12/14/17
18:44
Upgrade
Husky Energy rating change  »

Husky Energy upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PRAH

PRA Health

$89.13

1.9 (2.18%)

18:41
12/14/17
12/14
18:41
12/14/17
18:41
Initiation
PRA Health initiated  »

PRA Health initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DIS

Disney

$110.57

2.96 (2.75%)

, FOX

21st Century Fox

$34.22

1.88 (5.81%)

18:31
12/14/17
12/14
18:31
12/14/17
18:31
Periodicals
Experts: Disney-Fox deal may raise antitrust worries, Reuters reports »

Competition experts say…

DIS

Disney

$110.57

2.96 (2.75%)

FOX

21st Century Fox

$34.22

1.88 (5.81%)

FOXA

21st Century Fox

$34.88

2.13 (6.50%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

  • 14

    Dec

  • 14

    Dec

  • 15

    Dec

MESO

Mesoblast

$5.39

-0.07 (-1.28%)

, TIG

TiGenix

$21.67

-2.55 (-10.53%)

18:31
12/14/17
12/14
18:31
12/14/17
18:31
Hot Stocks
Mesoblast grants TiGenix exclusive global license for stem cells treatment »

Mesoblast (MESO) has…

MESO

Mesoblast

$5.39

-0.07 (-1.28%)

TIG

TiGenix

$21.67

-2.55 (-10.53%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDXG

MiMedx

$12.14

0.15 (1.25%)

18:28
12/14/17
12/14
18:28
12/14/17
18:28
Hot Stocks
MiMedx posts new materials on website exposing misinformation from short sellers »

MiMedx announced that it…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

, GOOG

Alphabet

$1,049.15

8.54 (0.82%)

18:23
12/14/17
12/14
18:23
12/14/17
18:23
Periodicals
Amazon to begin selling Apple TV, Chromecast on online store, Reuters reports »

Amazon (AMZN) plans to…

AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

GOOG

Alphabet

$1,049.15

8.54 (0.82%)

GOOGL

Alphabet Class A

$1,057.47

6.08 (0.58%)

AAPL

Apple

$172.22

-0.05 (-0.03%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Feb

  • 18

    Mar

WM

Waste Management

$84.66

-0.68 (-0.80%)

18:02
12/14/17
12/14
18:02
12/14/17
18:02
Hot Stocks
Waste Management raises quarterly dividend 9.4%, authorizes $1.25B buyback »

Waste Management…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IQV

Iqvia

$101.47

-0.75 (-0.73%)

17:58
12/14/17
12/14
17:58
12/14/17
17:58
Initiation
Iqvia initiated  »

Iqvia initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SRE

Sempra Energy

$115.78

0.54 (0.47%)

17:40
12/14/17
12/14
17:40
12/14/17
17:40
Hot Stocks
Sempra Energy, Oncor announce settlement with key stakeholders »

Oncor Electric Delivery…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ORCL

Oracle

$50.19

0.14 (0.28%)

17:40
12/14/17
12/14
17:40
12/14/17
17:40
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle says FY18 CapEx…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

, AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

17:34
12/14/17
12/14
17:34
12/14/17
17:34
Hot Stocks
Breaking Hot Stocks news story on Oracle, Amazon.com »

Oracle says switching…

ORCL

Oracle

$50.19

0.14 (0.28%)

AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

  • 18

    Mar

EPD

Enterprise Products

$26.07

0.17 (0.66%)

17:33
12/14/17
12/14
17:33
12/14/17
17:33
Hot Stocks
Enterprise Products to implement further oil quality specifications at Cushing »

Enterprise Products…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:31
12/14/17
12/14
17:31
12/14/17
17:31
Hot Stocks
Adobe 'pleased' with subscription bookings and advertising cloud »

Says photography offering…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

JBL

Jabil Circuit

$27.45

-1.08 (-3.79%)

, COST

Costco

$186.53

-1.75 (-0.93%)

17:30
12/14/17
12/14
17:30
12/14/17
17:30
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: Jabil…

JBL

Jabil Circuit

$27.45

-1.08 (-3.79%)

COST

Costco

$186.53

-1.75 (-0.93%)

CNC

Centene

$99.02

-2.17 (-2.14%)

DCIX

Diana Containerships

$4.87

-0.37 (-7.06%)

MS

Morgan Stanley

$52.64

-0.54 (-1.02%)

DDR

DDR Corp.

$7.96

-0.11 (-1.36%)

RMBL

RumbleON

$5.30

-0.06 (-1.12%)

SAH

Sonic Automotive

$20.05

-0.95 (-4.52%)

HES

Hess Corp.

$42.67

-1.43 (-3.24%)

FORM

FormFactor

$14.90

-0.05 (-0.33%)

ORCL

Oracle

$50.19

0.14 (0.28%)

VSTM

Verastem

$3.65

-0.15 (-3.95%)

GBT

Global Blood Therapeutics

$39.40

1.05 (2.74%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

  • 14

    Dec

  • 14

    Dec

  • 15

    Dec

  • 09

    Jan

AEP

American Electric

$76.29

-0.22 (-0.29%)

17:28
12/14/17
12/14
17:28
12/14/17
17:28
Syndicate
Breaking Syndicate news story on American Electric »

American Electric files…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SAGE

Sage Therapeutics

$158.03

-6.62 (-4.02%)

17:25
12/14/17
12/14
17:25
12/14/17
17:25
Conference/Events
Sage Therapeutics management to meet with RBC Capital »

Dinner Meeting will be…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

  • 14

    Dec

ORCL

Oracle

$50.20

0.14 (0.28%)

17:24
12/14/17
12/14
17:24
12/14/17
17:24
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle CEO Hurd says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:23
12/14/17
12/14
17:23
12/14/17
17:23
Hot Stocks
Adobe targeting subscription bookings growth of 20% in FY18 »

Says expect quarterly…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:20
12/14/17
12/14
17:20
12/14/17
17:20
Hot Stocks
Adobe says advertising cloud had a 'strong' year »

Says advertising cloud…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

17:20
12/14/17
12/14
17:20
12/14/17
17:20
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle says currency…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

17:19
12/14/17
12/14
17:19
12/14/17
17:19
Earnings
Oracle sees Q3 adjusted EPS 68c-70c, consensus 72c »

Sees Q3 revenue growth of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

UBA

Urstadt Biddle

$22.71

-0.48 (-2.07%)

, UBP

Urstadt Biddle Properties Inc.

$18.00

-0.01 (-0.06%)

17:17
12/14/17
12/14
17:17
12/14/17
17:17
Hot Stocks
Urstadt Biddle raises quarterly dividend by 0.5c to 27c »

At their regular meeting…

UBA

Urstadt Biddle

$22.71

-0.48 (-2.07%)

UBP

Urstadt Biddle Properties Inc.

$18.00

-0.01 (-0.06%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ORCL

Oracle

$50.19

0.14 (0.28%)

17:14
12/14/17
12/14
17:14
12/14/17
17:14
Hot Stocks
Oracle says customer adoption of cloud products 'remains very strong' »

Says expects to continue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Dec

NQ

NQ Mobile

$4.13

0.02 (0.49%)

17:14
12/14/17
12/14
17:14
12/14/17
17:14
Hot Stocks
NQ Mobile announces partnership with Chery Automotive »

NQ Mobile Inc announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Dec

CVX

Chevron

$119.53

-0.4 (-0.33%)

, SLB

Schlumberger

$62.37

-0.93 (-1.47%)

17:12
12/14/17
12/14
17:12
12/14/17
17:12
Periodicals
Chevron near pact with Schlumberger to drill six Brazil wells, Reuters says »

Chevron (CVX) has reached…

CVX

Chevron

$119.53

-0.4 (-0.33%)

SLB

Schlumberger

$62.37

-0.93 (-1.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Jan

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.