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STLD

Steel Dynamics

$34.75

-0.49 (-1.39%)

, AKS

AK Steel

$7.04

-0.61 (-7.97%)

16:31
04/10/17
04/10
16:31
04/10/17
16:31

Trump team working on possible anti-dumping order, Axios says

President Donald Trump's administration is working on an executive order that would launch investigations into alleged "dumping" of commodities and products into the U.S. by foreign companies, Axios reported, citing sources. Plans remain fluid but could result in tariffs against a "wide range" of products, the report said. Aluminum and steel would be targeted, and other products, including household appliances, could also receive attention, according to the report. Publicly traded companies in the space include Steel Dynamics (STLD), AK Steel (AKS), U.S. Steel (X), Nucor (NUE), Whirlpool (WHR) and Samsung (SSNLF). Reference Link

STLD

Steel Dynamics

$34.75

-0.49 (-1.39%)

AKS

AK Steel

$7.04

-0.61 (-7.97%)

X

U.S. Steel

$33.76

-0.14 (-0.41%)

NUE

Nucor

$60.08

-0.69 (-1.14%)

WHR

Whirlpool

$167.60

0.57 (0.34%)

SSNLF

Samsung

  • 18

    Apr

  • 20

    Apr

  • 20

    Apr

  • 22

    Apr

  • 25

    Apr

  • 26

    Apr

STLD Steel Dynamics
$34.75

-0.49 (-1.39%)

03/29/17
COWN
03/29/17
NO CHANGE
COWN
Steel sentiment has deteriorated, may have further downside, says Cowen
Cowen analyst Novid Rassouli sand the sentiment in steel stocks has deteriorated following the drop in oil prices, the non-repeal of ACA, and tightening Chinese credit. Rassouli said US HRC prices may come under near-term pressure due to widening domestic versus international spreads and failing scrap prices, leading to additional downside in steel names. The analyst said U.S. Steel (X) and AK Steel (AKS) are the most levered to HRC prices, ArcelorMittal (MT) could see additional downside if iron ore prices continue lower, and views Steel Dynamics (STLD) and Nucor (NUE) as defensive plays given lower fixed cost structures.
03/27/17
MSCO
03/27/17
NO CHANGE
MSCO
Steel cost deflatoin could lead to a near-term price peak, says Morgan Stanley
Morgan Stanley analyst Evan Kurtz said East Coast export scrap prices have fallen $30/ton, which could negatively influence April scrap price settlements. The analyst said with no clear change in supply-demand dynamics, coast deflation could lead to a near-term price peak. Kurtz would view any weakness in the space as an opportunity to buy top picks Nucor (NUE), Steel Dynamics (STLD), and U.S. Steel (X).
03/22/17
JPMS
03/22/17
NO CHANGE
Target $46
JPMS
Overweight
JPMorgan ups targets in steel, U.S. Steel remains top pick
JPMorgan analyst Michael Gambardella raised his estimates and price targets for U.S. Steel (X), Steel Dynamics (STLD), Nucor (NUE) and AK Steel (AKS) citing conviction that the companies are "poised for stronger earnings growth over the next several quarters." Steel sheet imports will trend downward, even if the Trump administration just enforces existing trade laws, Gambardella tells investors in a research note. U.S. Steel remains his top pick in Metals & Mining. Gambardella raised his price target for the shares to $46 from $39. The analyst also raised his price target for Overweight-rated Nucor to $75 from $70 and Overweight-rated Steel Dynamics to $44 from $41. His target on Neutral-rated AK Steel moved up to $9 from $8.
01/19/17
SBSH
01/19/17
DOWNGRADE
Target $37
SBSH
Neutral
U.S. Steel downgraded to Neutral from Buy at Citi
Citi analyst Alexander Hacking downgraded U.S. Steel (X) to Neutral along with others in the Steel space after cutting his view on the sector to Neutral from Bullish. The U.S. steel sector has rallied 68% since mid-October, "which captures the majority of cyclical upside," Hacking tells investors in a research note. He expects steel prices to decline in the second half of 2017 amid increased domestic supply, limited demand growth, lower raw materials and import parity. The analyst raised his price target for U.S. Steel to $37 from $21. Steel Dynamics (STLD) remains Hacking's top pick in Steel. The analyst this morning also downgraded AK Steel (AKS) to Sell and Commercial Metals (CMC) to Neutral.
AKS AK Steel
$7.04

-0.61 (-7.97%)

02/13/17
02/13/17
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. Boeing (BA) downgraded to Underperform from Neutral at Buckingham with the firm saying at current levels, shares are priced for perfection and reflect optimistic free-cash-flow estimates. The firm's analyst expects Boeing shares to underperform on downward estimate revisions, a series of negative catalysts, and multiple compression. 2. Reynolds American (RAI) downgraded to Sector Perform from Outperform at RBC Capital. 3. Occidental Petroleum (OXY) downgraded to Neutral from Buy at Mizuho with analyst Timothy Rezvan citing valuation, muted dividend growth, and increasing unit expense trends. 4. AK Steel (AKS) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Evan Kurtz saying he is concerned about AK's exposure to electrical steel and heavy auto steel, which could prove to be headwinds this year. 5. Williams-Sonoma (WSM) downgraded to Market Perform from Outperform at Telsey Advisory with analyst Cristina Fernandez saying the company is fighting a more competitive environment and softer consumer spending by aggressively increasing promotions to maintain share. The analyst is surprised by the high level of promotions at West Elm and said some real estate contacts have noted softening store sales in December. Fernandez said the turnaround at Pottery Barn could take longer and sees limited margin expansion in 2017. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
X U.S. Steel
$33.76

-0.14 (-0.41%)

03/30/17
JEFF
03/30/17
NO CHANGE
Target $50
JEFF
Buy
U.S. Steel price target raised to $50 from $45 at Jefferies
Jefferies analyst Seth Rosenfeld raised his price target for U.S. Steel to $50 saying the cyclical recovery in oil and gas should drive stronger steel-related demand growth beyond that of rig counts. The analyst sees potential upside to U.S. Steel's guidance and keeps a Buy rating on the shares.
NUE Nucor
$60.08

-0.69 (-1.14%)

02/13/17
02/13/17
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. J.C. Penney (JCP) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Kimberly Greenberger saying valuation appears more balanced following a 14% decline year-to-date and potential catalysts ahead. 2. Regeneron (REGN) upgraded to Overweight from Neutral at Piper Jaffray with analyst Edward Tenthoff saying that while Eylea growth is slowing, new approvals are coming. The analyst expects Dupixent approval in atopic dermatitis by the March 29 FDA action date and Phase III Liberty Asthma Quest data and potential supplemental Biologics License Application by year-end. 3. Petrobras (PBR) upgraded to Overweight from Neutral at JPMorgan with analyst Rodolfo Angele saying the shares are back to September 2016 levels despite "many positive" developments since then. 4. Nucor (NUE) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Evan Kurtz saying Nucor has more favorable risk/reward than AK Steel (AKS), which was downgraded to Equal Weight, given its low cost profile, margin stability, attractive end market mix, and potential benefits from favorable rulings on ongoing rebar and plate trade cases. 5. Allscripts (MDRX) upgraded to Buy from Neutral at Dougherty with analyst Gene Mannheimer citing a strong 2017 outlook partly due to Sunrise expansion, checks that indicate traction in the Allscripts open platform, and opportunities for growth from the NetSmart joint venture. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
WHR Whirlpool
$167.60

0.57 (0.34%)

12/12/16
BOFA
12/12/16
NO CHANGE
Target $230
BOFA
Buy
Whirlpool price target raised to $230 from $215 at BofA/Merrill
BofA/Merrill analyst Denise Chai raised Whirlpool's price target to $230 from $215 and reiterated its Buy rating following the favorable US Department of Commerce final decision in the dumping case for washers manufactured in China against Samsung and LG, saying they are in violation of US and International trade law. Chai believes the ruling will result in a more rational pricing environment.
01/09/17
LBOW
01/09/17
NO CHANGE
LBOW
Snap-On, Whirlpool, Brunswick named top picks at Longbow
Longbow analyst David MacGregor named Snap-On (SNA), Whirlpool (WHR), and Brunswick (BC) as his top long picks for 2017. The analyst expects all three companies to continue gaining market share this year, and he predicts that they will all benefit from the Trump Administration's policies.
01/27/17
GSCO
01/27/17
DOWNGRADE
Target $187
GSCO
Neutral
Whirlpool downgraded to Neutral from Buy at Goldman
Goldman Sachs analyst Samuel Eisner downgraded Whirlpool to Neutral saying "tough" pricing in North America and "stronger" raw material headwinds should limit margin expansion. The analyst sees some risk to Whirlpool's 2017 guidance, especially in the back half of the year, and cut his price target for the shares to $187 from $191.
01/27/17
01/27/17
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. Whirlpool (WHR) downgraded to Neutral from Buy at Goldman with analyst Samuel Eisner saying "tough" pricing in North America and "stronger" raw material headwinds should limit margin expansion. The analyst sees some risk to Whirlpool's 2017 guidance, especially in the back half of the year, and cut his price target for the shares to $187 from $191. 2. JetBlue (JBLU) was downgraded to Hold from Buy at Argus and to Underperform from Peer Perform at Wolfe Research. 3. Weatherford (WFT) downgraded to Hold from Buy at Jefferies with analyst Brad Handler citing a challenging international landscape, "disappointing" free cash flow in 2016 and continued share dilution. The analyst lowered his price target for the shares to $6 from $7. 4. Graphic Packaging (GPK) downgraded to Buy from Conviction Buy at Goldman with analyst Brian Maguire saying shares have underperformed since the guidance cut in October due to weaker end markets, higher OCC costs, foreign exchange, inventory restocking, Hurricane Mathew, and inventory restocking. 5. 8point3 Energy (CAFD) was downgraded to Underperform from Market Perform at Avondale and to Neutral from Buy at Roth Capital. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SSNLF Samsung

03/30/17
03/30/17
UPGRADE
Target $1.3

Buy
Digital Turbine upgraded to Buy at Roth Capital
As previously reported, Roth Capital analyst Brian Alger upgraded Digital Turbine (APPS) to Buy from Neutral saying numerous signs indicate that the fundamental risk to its story has been "dramatically reduced." The analyst notes that meetings at Mobile World Congress as well as his annual conference lead him to believe the strategic positioning remains as strong, if not stronger, than ever. With the March quarter effectively complete, and the launch of Samsung's (SSNLF) Galaxy S8 now confirmed for April 21st, Alger sees "substantially more" upside potential than risk. He also raised his price target on Digital Turbine's shares to $1.30 from $1.10.
03/30/17
CHLM
03/30/17
NO CHANGE
CHLM
Samsung S8 launch positive for STMicroelectronics, others, says Craig-Hallum
Craig-Hallum analyst Tony Stoss notes that Samsung (SSNLF) Galaxy S8's features were as he had expected, which is positive for STMicroelectronics (STM), Cypress Semiconductor (CY) and Integrated Device Synaptics (IDTI), and largely a non-impact for Synaptics (SYNA). The analyst says Samsung using USB-C for the port should be a benefit for Cypress as it is the likely supplier of USB-C controllers for the phone. Additionally, Samsung has enabled the S8 for wireless fast charging and showcased a fast charge wireless pad, which is likely an ASP increase from previous wireless charging solutions Integrated Device Synaptics was providing. The phone also features a fingerprint sensor on the back that is likely Synaptics, he notes, adding that this should be roughly in-line with previous ASP's of fingerprint sensors that the latter has provided to Samsung.
04/04/17
CHLM
04/04/17
NO CHANGE
Target $110
CHLM
Buy
Skyworks price target raised to $110 from $100 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised his price target for Skyworks (SWKS) to $110 from $100 on earlier Apple (AAPL) builds and content expansion in Samsung's (SSNLF) Galaxy S8 And iPhone 8. The analyst notes that the Internet of Things business continues its fast growth, and says he would be a buyer of Skyworks heading into the iPhone 8 launch as the company will benefit from record breaking sales. He reiterates a Buy rating on Skyworks' shares.
04/05/17
CHLM
04/05/17
NO CHANGE
Target $18
CHLM
Buy
STMicroelectronics to benefit from content jump in iPhone 8, says Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised his STMicroelectronics' (STM) March and June quarter estimates to account for content increases in Samsung's (SSNLF) Galaxy S8 and Apple's (AAPL) iPhone 8, coupled with continued strong demand for the Nintendo (NTDOY) Switch and strength in the company's connected car business. The analyst says STMicroelectronics remains one of his top names in 2017 and would be a buyer heading into both the S8 and iPhone 8 launches. He reiterates a Buy rating and $18 price target on STMicroelectronics' shares.

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AMZN

Amazon.com

$955.10

-9.55 (-0.99%)

11:20
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Amazon acquires '4 Blocks', Deadline Hollywood reports »

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AAPL

Apple

$151.89

-1.5 (-0.98%)

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$NSD

NASDAQ Market Internals

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NASDAQ market internals summary »

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AAPL

Apple

$151.89

-1.5 (-0.98%)

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Apple's iPhone 8 shows slower adoption than previous models, Localytics reports »

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$NYE

NYSE Market Internals

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UN

Unilever; also tag UL

$58.67

0.06 (0.10%)

, UL

Unilever; also tag UN

$57.57

0.13 (0.23%)

11:10
09/25/17
09/25
11:10
09/25/17
11:10
Hot Stocks
Unilever gets into hot South Korean beauty market with acquisition »

Shares of Unilever (UN,…

UN

Unilever; also tag UL

$58.67

0.06 (0.10%)

UL

Unilever; also tag UN

$57.57

0.13 (0.23%)

GS

Goldman Sachs

$230.42

-0.61 (-0.26%)

KHC

Kraft Heinz

$77.52

-1.49 (-1.89%)

EL

Estee Lauder

$107.95

0.365 (0.34%)

LVMUY

LVMH

$55.05

0.208 (0.38%)

03/08/13
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UPS

UPS

$117.51

-0.16 (-0.14%)

11:10
09/25/17
09/25
11:10
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11:10
Options
Bullish longer-term play in UPS »

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DGX

Quest Diagnostics

$95.22

-6.895 (-6.75%)

, LH

LabCorp

$150.06

-5.01 (-3.23%)

11:09
09/25/17
09/25
11:09
09/25/17
11:09
Hot Stocks
Medical diagnostics names slide after CMS proposes cuts »

Following the news of the…

DGX

Quest Diagnostics

$95.22

-6.895 (-6.75%)

LH

LabCorp

$150.06

-5.01 (-3.23%)

EXAS

Exact Sciences

$45.96

0.96 (2.13%)

NEO

NeoGenomics

$11.01

0.09 (0.82%)

GHDX

Genomic Health

$30.98

0.13 (0.42%)

VCYT

Veracyte

$8.48

0.18 (2.17%)

VRML

Vermillion

$1.29

0.05 (4.03%)

GNMK

GenMark

$9.52

-0.04 (-0.42%)

03/08/13
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03/06/13
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  • 25

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SPY

SPDR S&P 500 ETF Trust

$248.97

-0.47 (-0.19%)

, SPX

S&P 500

11:05
09/25/17
09/25
11:05
09/25/17
11:05
Periodicals
North Korea says firing missiles at U.S 'inevitable,' Guardian says »

According to the…

SPY

SPDR S&P 500 ETF Trust

$248.97

-0.47 (-0.19%)

SPX

S&P 500

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CCL

Carnival

$64.24

-0.09 (-0.14%)

11:05
09/25/17
09/25
11:05
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11:05
Options
Carnival call volume above normal and directionally bullish »

Bullish option flow…

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CCC

Calgon Carbon

$21.38

-0.025 (-0.12%)

11:04
09/25/17
09/25
11:04
09/25/17
11:04
Downgrade
Calgon Carbon rating change  »

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PFE

Pfizer

$35.91

-0.05 (-0.14%)

11:04
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SpringWorks launches with $103M in Series A funding, rights to 4 programs »

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SPX

S&P 500

11:04
09/25/17
09/25
11:04
09/25/17
11:04
General news
North Korea says Trump's comments declaration of war, Bloomberg reports »

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PSMT

PriceSmart

$87.60

0.15 (0.17%)

11:04
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09/25
11:04
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11:04
Initiation
PriceSmart initiated  »

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  • 27

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EBS

Emergent BioSolutions

$38.52

0.18 (0.47%)

11:02
09/25/17
09/25
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11:02
Recommendations
Emergent BioSolutions analyst commentary  »

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  • 25

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AIR

AAR Corp.

$37.17

0.23 (0.62%)

10:58
09/25/17
09/25
10:58
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10:58
Hot Stocks
AAR Corp. to provide airframe maintenance for Air Canada fleet »

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UBNT

Ubiquiti

$54.18

1.52 (2.89%)

10:57
09/25/17
09/25
10:57
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10:57
Periodicals
Citron publishes new report on Ubiquiti Networks »

After Citron Research…

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WFC

Wells Fargo

$54.21

-0.0369 (-0.07%)

10:55
09/25/17
09/25
10:55
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10:55
Options
Wells Fargo put volume heavy and directionally bearish »

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GPC

Genuine Parts

$93.73

5.745 (6.53%)

10:55
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09/25
10:55
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10:55
Conference/Events
Genuine Parts to host conference call »

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SSRM

SSR Mining

$10.26

0.16 (1.58%)

10:52
09/25/17
09/25
10:52
09/25/17
10:52
Upgrade
SSR Mining rating change  »

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NLSN

Nielsen

$41.13

0.24 (0.59%)

, SCOR

comScore

$29.10

0.25 (0.87%)

10:50
09/25/17
09/25
10:50
09/25/17
10:50
Periodicals
Nielsen sues comScore to prevent Extended TV service, Reuters reports »

Nielsen Holdings (NLSN)…

NLSN

Nielsen

$41.13

0.24 (0.59%)

SCOR

comScore

$29.10

0.25 (0.87%)

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