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SATS

EchoStar

$54.50

0.81 (1.51%)

, VSAT

ViaSat

$67.15

-0.3 (-0.44%)

14:13
02/17/17
02/17
14:13
02/17/17
14:13

EchoStar, ViaSat higher after WSJ says DigitalGlobe in buyout talks

SATS

EchoStar

$54.50

0.81 (1.51%)

VSAT

ViaSat

$67.15

-0.3 (-0.44%)

DGI

DigitalGlobe

$29.40

-0.2 (-0.68%)

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    Feb

SATS EchoStar
$54.50

0.81 (1.51%)

VSAT ViaSat
$67.15

-0.3 (-0.44%)

01/31/17
01/31/17
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. Teva (TEVA) upgraded to Buy from Neutral at BofA/Merrill with analyst Sumant Kulkarni said the last night's unfavorable Court ruling is not a surprise and the company has already lowered its financial outlook on higher generic price erosion. Now that the ruling is out of the way, the analyst views Teva risk/reward as favorable and notes shares are down 58% since July 16, 2016 when it provided a more optimistic outlook. Over time, Kulkarni expects investors will be rewarded from Teva's leading generic pipeline and underappreciated brand pipeline. 2. CBOE Holdings (CBOE) upgraded to Buy from Underperform at BofA/Merrill with analyst Michael Carrier upgrading CBOE Holdings two notches to Buy from Underperform and raising its price target to $85 from $74. The analyst sees multiple sources of upside to accelerate earnings driven by the BATS deal, increased capital deployment, rising volatility off of historic lows, and potential US tax reform. 3. Monro Muffler (MNRO) upgraded to Buy from Hold at Gabelli with analyst Carolina Jolly citing valuation, acquisition growth, and a history of execution. 4. Tupperware Brands (TUP) upgraded to Neutral from Sell at B. Riley with analyst Linda Bolton Weiser increasing her price target for the shares to $54 from $47. 5. ViaSat (VSAT) upgraded to Outperform from Market Perform at Wells Fargo with analyst Andrew Spinola saying the valuation is attractive for "strong" medium- and long-term growth from the Viasat-2 and Viasat-3 launches. The analyst expects EBITDA growth of 41% and 21% in fiscal 2019 and fiscal 2020, respectively. He raised his price target for the shares to $94-$98 from $76-$78. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/31/17
01/31/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. T-Mobile (TMUS) was initiated with a Buy at Evercore ISI, while Sprint (S), Verizon (VZ), and AT&T (T) were initiated with a Hold. 2. ViaSat (VSAT) initiated with an Outperform at William Blair. 3. Wyndham (WYN) initiated with a Neutral at Janney Capital. 4. ILG (ILG) initiated with a Buy at Janney Capital. 5. United Natural Foods (UNFI) initiated with a Neutral at Goldman. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/07/17
RAJA
02/07/17
UPGRADE
RAJA
Outperform
ViaSat upgraded to Outperform from Market Perform at Raymond James
02/07/17
02/07/17
UPGRADE
Target $72

Outperform
ViaSat upgraded to Outperform on broadband growth at Raymond James
As previously reported, Raymond James upgraded ViaSat to Outperform from Market Perform and established a $72 price target. Analyst Ric Prentiss said the company is set to launch its next generation ViaSat-2 satellite in late March/April. Prentiss said the much needed increased capacity will begin growing consumer broadband subs in FY18 and installed aircrafts, that is expected to drive meaningful revenue, EBITDA, and margin growth in FY19. Additionally, shares have underperformed 25% since the $500M equity offering in November, providing an attractive entry point, the analyst wrote.
DGI DigitalGlobe
$29.40

-0.2 (-0.68%)

05/17/16
MSCO
05/17/16
DOWNGRADE
MSCO
Equal Weight
DigitalGlobe downgraded to Equal Weight from Overweight at Morgan Stanley
05/17/16
05/17/16
DOWNGRADE

Equal Weight
DigitalGlobe downgraded to Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley downgraded DigitalGlobe to Equal Weight from Overweight. Analysts led by Denny Galindo said they expect good results for DigitalGlobe in 2016 but said lack of clarity for the EnhancedView replacement contract size in 2020, capital spending, and margin uncertainty leave less attractive risk/reward than peers. The analyst raised his price target on DigitalGlobe to $23 from $22 on shares.
05/17/16
05/17/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. DigitalGlobe (DGI) downgraded to Equal Weight at Morgan Stanley by analysts led by Denny Galindo, who said they lack clarity for the EnhancedView replacement contract size in 2020, capital spending and margin uncertainly leave less attractive risk/reward than peers. 2. F5 Networks (FFIV) downgraded to Sector Weight at Pacific Crest saying that a mix shift toward subscription offerings could partially mute a second half product recovery. The firm also noted that cloud pressures are keeping a lid on new on-premise IT upgrades. 3. Gastar Exploration (GST) downgraded to Reduce at SunTrust following the company's recent equity raise which totaled $48M. 4. Hartford Financial (HIG) downgraded to Market Perform at Wells Fargo with analyst Elypse Greenspan saying the company's capital return story has largely played out at this point. The analyst expects Hartford's 2017 capital return plan to be similar to the levels seen this year. 5. Fogo De Chao (FOGO) downgraded to Neutral at JPMorgan with analyst John Ivankoe saying a significant weakening in new unit volumes call into question FY17 earnings expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/12/17
JEFF
01/12/17
DOWNGRADE
Target $243
JEFF
Hold
Northrop Grumman downgraded to Hold from Buy at Jefferies
Jefferies analyst Howard Rubel downgraded Northrop Grumman (NOC) to Hold saying he's become more selective for the Aerospace & Defense Electronics space with valuations and expectations higher post the U.S. election. The analyst lowered his price target for Northrop shares to $243 from $260. His top picks are Boeing (BA), General Dynamics (GD), Textron (TXT) and DigitalGlobe (DGI).

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