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GE

General Electric

$29.57

-0.7 (-2.31%)

, BHI

Baker Hughes

$57.73

-1.77 (-2.97%)

16:13
04/21/17
04/21
16:13
04/21/17
16:13

On The Fly: Top stock stories for Friday

Stocks began the session little changed, which set the tone for what would be a mostly listless trading session. The Nasdaq began the session at all-time highs and the S&P had its best week in two months. The Dow was under pressure all week as several of its components announced mixed earnings but, in the end, the average finished the week within points of its all-time highs. Oil prices continue to be under pressure, sliding about 7% this week as U.S. production has offset the OPEC production cuts, keeping supply and demand out of balance. ECONOMIC NEWS: In the U.S., Markit's manufacturing PMI dipped 0.5 points to 52.8 in the April flash reading, missing the consensus forecast for a rise to 53.8. Existing home sales rebounded 4.4% to a 5.71M rate in March, recovering from the 3.9% decline to a 5.47M rate in February. In Asia, Japan's manufacturing PMI rose to 52.8 in April on a seasonally adjusted basis, from a final 52.4 in the previous month. In Europe, Markit's flash Eurozone PMI manufacturing index for April strengthened to 56.8 from the March reading of 56.2. In energy news, Baker-Hughes reported that the U.S. rig count is up 10 rigs from last week to 857 rigs. COMPANY NEWS: Shares of General Electric (GE) slipped 2.4% despite the fact that the industrial giant beat first quarter earnings expectations. The company's chairman and CEO Jeff Immelt also said the company's planned merger of its Oil & Gas division with Baker Hughes (BHI) remains on track... Conversely, shares of Honeywell (HON) advanced 2.7% after the company announced better-than-expected quarterly profit as sales in the company's aerospace and energy businesses came in above forecast... Also higher following earnings is Visa (V), which saw a fractional advance after beating quarterly earnings and revenue estimates. The company also announced a $5B buyback of class A common stock... In other news, U.S. Treasury Secretary Steven Mnuchin said that the Treasury Department will not be issuing waivers to U.S. companies, including Exxon Mobil (XOM), authorizing drilling prohibited by current Russian sanctions. The statement from Mnuchin came after the oil and gas major filed an application with the department earlier this week for a waiver from U.S. sanctions against Russia. MAJOR MOVERS: Among the notable gainers was Hawaiian Holdings (HA), which rose 2.6% after the parent company of Hawaiian Airlines posted stronger than expected earnings for the quarter. Also higher was Rockwell Collins (COL), which gained 5.1% after beating quarterly estimates and raising its guidance. Additionally, Proofpoint (PFPT) advanced 9.4% after the company's results and outlook topped expectations. Among the noteworthy losers was Mattel (MAT), which slid 13.6% following another quarter of lower sales. Also lower was Manhattan Associates (MANH), which slipped 9.5% following quarterly results. INDEXES: The Dow slipped 30.95, or 0.15%, to 20,547.76, the Nasdaq lost 6.26, or 0.11%, to 5,910.52, and the S&P 500 declined 7.15, or 0.3%, to 2,348.69.

GE

General Electric

$29.57

-0.7 (-2.31%)

BHI

Baker Hughes

$57.73

-1.77 (-2.97%)

HON

Honeywell

$127.09

3.32 (2.68%)

V

Visa

$91.20

0.045 (0.05%)

XOM

Exxon Mobil

$80.75

-0.26 (-0.32%)

HA

Hawaiian Holdings

$53.25

1.35 (2.60%)

COL

Rockwell Collins

$104.64

5.05 (5.07%)

PFPT

Proofpoint

$77.65

6.65 (9.37%)

MAT

Mattel

$21.79

-3.42 (-13.57%)

MANH

Manhattan Associates

$45.76

-4.82 (-9.53%)

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GE General Electric
$29.57

-0.7 (-2.31%)

04/10/17
FBRC
04/10/17
NO CHANGE
FBRC
FBR views Tesco as most likely takeover in Oilfield Services
FBR Capital analyst Thomas Curran says that within his Oilfield Services coverage, Tesco (TESO) has the highest probability of a straight acquisition. In GE Oil & Gas (GE) and Forum Energy (FET), Tesco has at least two potential strategic acquirers with "highly compelling logic," Curran tells investors in a research note. He believes a buyer could offer $10 per share. Tesco closed Friday at $7.30.
03/31/17
WBLR
03/31/17
NO CHANGE
WBLR
Outperform
General Electric shares set to move higher, says William Blair
William Blair analyst Nicholas Heymann believes shares of General Electric are set to move higher, not on management changes, but stronger fundamentals as the "external macro environment continues to improve." If GE achieves its more aggressive 2017 fundamental performance hurdles, the shares should be set to move steadily higher to the mid- to upper $30s, Heymann tells investors in a research note. The analyst sees potential upside to estimates from U.S. corporate tax reform and U.S. privately financed infrastructure modernization. He keeps an Outperform rating on GE shares.
03/28/17
JPMS
03/28/17
NO CHANGE
Target $27
JPMS
Underweight
General Electric price target lowered to $27 from $29 at JPMorgan
JPMorgan analyst C. Stephen Tusa lowered his price target for General Electric to $27 and keeps an Underweight rating on the shares. The sell-side bull thesis is shifting focus away from the $2.00 earnings per share target in 2018 to free cash flow, which is "seemingly appropriately," Tusa tells investors in a research note. The analyst views the emerging bull case on free cash flow as "overstated and not plausible." He notes his new $27 price target still implies a premium 4% free cash yield and "solid" 3.5% dividend yield.
03/13/17
JPMS
03/13/17
NO CHANGE
Target $29
JPMS
Underweight
JPMorgan says use GE rally as selling opportunity
JPMorgan analyst C. Stephen Tusa recommends using Friday's rally in General Electric shares as a selling opportunity. A possible CEO change does not change the analyst's view that GE is an expensive stock. Discussion of an activist, who owns less than 1% of the company, trying to make changes is a re-run of the case made two years ago, Tusa tells investors in a research note. The analyst does not see much a GE activist can do. The company's "stubbornly low growth and secular challenges embedded in end markets" can't be fixed by a CEO, the analyst contends. Tusa keeps an Underweight rating on shares of GE with a $29 price target. The stock rallied Friday to $30.28 after Fox Business reported that CEO Jeff Immelt is on the "hot seat" with activist Nelson Peltz.
BHI Baker Hughes
$57.73

-1.77 (-2.97%)

02/09/17
SUSQ
02/09/17
UPGRADE
Target $71
SUSQ
Positive
Baker Hughes upgraded to Positive on selloff at Susquehanna
As reported previously, Susquehanna analyst Charles Minervino upgraded Baker Hughes (BHI) to Positive from Neutral. The analyst cited the selloff in shares and its upside opportunity associated with a US spending upcycle, synergies from its joint-venture with General Electric (GE), and the growth opportunities that could develop from a partnership with a diversified global oilfield services company. Minervino raised his price target to $71 from $70 on Baker Hughes shares.
04/19/17
HSBC
04/19/17
INITIATION
Target $62
HSBC
Hold
Baker Hughes initiated with a Hold at HSBC
HSBC analyst David Phillips initiated Baker Hughes with a Hold and a $62 price target due to valuation and said there are few impediments to the GE merger completion.
04/19/17
04/19/17
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. ING Group (ING) initiated with a Buy at Jefferies. 2. T-Mobile (TMUS) was initiated with a Buy at SunTrust while Sprint (S), Verizon (VZ), and AT&T (T) were initiated with a Hold. 3. DXC Technology (DXC) initiated with an Overweight at JPMorgan. 4. LendingClub (LC) coverage resumed with a Hold at Stifel. 5. Halliburton (HAL) and Schlumberger (SLB) were initiated with a Buy at HSBC while Baker Hughes (BHI) was initiated with a Hold. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/09/17
02/09/17
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. Viacom (VIA, VIAB) upgraded to Outperform from Market Perform at Wells Fargo with analyst Marci Ryvicker saying the company's first quarter results prove its turnaround is "real and likely to continue." The strategic plan put in place by CEO Bakish makes sense, Ryvicker tells investors in a research note. The analyst raised his price target range for the shares to $48-$50 from $38-$40. 2. Micron (MU) upgraded to Buy from Underperform at BofA/Merrill. 3. Sanofi (SNY) upgraded to Buy from Neutral at Natixis. 4. Hawaiian Holdings (HA) upgraded to Outperform from Peer Perform at Wolfe Research. 5. Baker Hughes (BHI) upgraded to Positive from Neutral at Susquehanna with analyst Charles Minervino citing the selloff in shares and its upside opportunity associated with a US spending upcycle, synergies from its joint-venture with General Electric (GE), and the growth opportunities that could develop from a partnership with a diversified global oilfield services company. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
HON Honeywell
$127.09

3.32 (2.68%)

02/21/17
JEFF
02/21/17
NO CHANGE
Target $141
JEFF
Buy
Honeywell price target raised to $141 from $133 at Jefferies
Jefferies analyst Howard Rubel raised his price target for Honeywell to $141 following a review of the company's annual filing. The 10-K highlights elements of profitability and cash flows, Rubel tells investors in a research note. He expects the non-U.S. business will continue to be more profitable show better growth. Rubel keeps a Buy rating on Honeywell.
03/02/17
OPCO
03/02/17
NO CHANGE
Target $148
OPCO
Outperform
Honeywell price target raised to $148 from $134 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Honeywell to $148 from $134 as OM track record exceeds new commitments, organic outlook appears conditioned by recent years' macro headwinds. Further, with defense spending set to turn and Honeywell indicating AM outgrowth of flight hours this year, the analyst thinks an upward tweak of Aero guide could materialize during 2017. He reiterates an Outperform rating on the shares.
12/19/16
OPCO
12/19/16
NO CHANGE
Target $134
OPCO
Outperform
Honeywell price target raised to $134 from $122 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Honeywell to $134 from $122, citing its 2017 outlook as he believes quality of drivers are set to improve. He reiterates an Outperform rating on the shares.
12/13/16
UBSW
12/13/16
NO CHANGE
UBSW
Neutral
Earlier than expected Boeing 777 rate cut negative for suppliers, says UBS
UBS analyst David Strauss said that while Boeing (BA) had previously signaled a 777 production rate cut was coming, he thinks the now-announced cut to 5 planes per month in mid-2017 is 3 to 6 months earlier than expected. He sees the earlier than expected transition as having negative implications for key 777 suppliers, including B/E Aerospace (BEAV), GE (GE), Honeywell (HON), Spirit AeroSystems (SPR) and Triumph Group (TGI). Strauss keeps a Neutral rating on Boeing, as he believes 777X development will burn a couple billion per year with overall FCF declining during this period, but also said the company's 30% dividend increase and $14B buyback announcement signals strong confidence in its cash flow outlook.
V Visa
$91.20

0.045 (0.05%)

04/19/17
OPCO
04/19/17
NO CHANGE
OPCO
Oppenheimer bullish on Visa, MasterCard ahead of results
Oppenheimer analyst Glenn Greene reiterates Outperform ratings for MasterCard (MA) and Visa (V) and $120 and $95 price targets, respectively, heading into results. The analyst is encouraged by "solid" January intra-quarter volume growth, improving gas price trends, strong retail sales growth, and broadly positive card issuer trends. Further, Greene continues to believe that MasterCard and Visa are attractive at current levels, given their defensible market positions and strong long-term prospects. Nonetheless, he prefers Visa relative to MasterCard at present given the continuing U.S. volume boost from the Costco (COST)/USAA wins and JPMorgan Chase (JPM) Sapphire Reserve momentum, apparent conservative guidance, and Visa Europe accretion benefits.
04/21/17
OPCO
04/21/17
NO CHANGE
Target $100
OPCO
Outperform
Visa price target raised to $100 from $95 at Oppenheimer
Oppenheimer analyst Glenn Greene raised his price target for Visa to $100 from $95 after the company reported strong upside Q2 results. The analyst reiterates an Outperform rating on the shares.
04/21/17
FBCO
04/21/17
NO CHANGE
Target $105
FBCO
Outperform
Visa price target raised to $105 from $100 at Credit Suisse
Credit Suisse analyst Moshe Orenbuch raised his price target for Visa to $105 from $100 following a Q2 beat on higher revenues and lower taxes. The analyst reiterates an Outperform rating on the shares.
04/21/17
BERN
04/21/17
NO CHANGE
BERN
Visa price target raised to $110 from $105 at Bernstein
Bernstein analyst Lisa Ellis says that Visa reported "strong" results, and the analyst expects the stock's positive momentum to continue going forward. She raised her price target on the shares to $110 from $105 and continues to identify the stock as her top pick.
XOM Exxon Mobil
$80.75

-0.26 (-0.32%)

03/02/17
03/02/17
UPGRADE
Target $83

Neutral
Exxon Mobil upgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst Edward Westlake upgraded Exxon Mobil to Neutral from Underperform saying that after underperformance versus the S&P, the stock has option value. The analyst also raised his price target on the shares to $83 from $78.
03/03/17
EVER
03/03/17
DOWNGRADE
EVER
In Line
Exxon Mobil downgraded to In Line from Buy at Evercore ISI
03/07/17
JMPS
03/07/17
NO CHANGE
JMPS
Fortress has positive read through from Exxon comments, says JMP Securities
JMP Securities analyst Devin Ryan says that Exxon's (XOM) decision "to invest ~$20B in the Gulf of Mexico area, largely in Beaumont, Texas" increases his optimism about Fortress Transportation's (FTAI) investment in Jefferson Terminal "given its proximity to Exxon's refinery". The analyst reiterates an $18 price target and Outperform rating on Fortress Transportation.
03/02/17
03/02/17
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. Exxon Mobil (XOM) upgraded to Neutral from Underperform at Credit Suisse with analyst Edward Westlake saying that after underperformance versus the S&P, the stock has option value. The analyst also raised his price target on the shares to $83 from $78. 2. RBS (RBS) upgraded to Buy from Hold at Berenberg. 3. Windstream (WIN) upgraded to Hold from Underperform at Jefferies with analyst Scott Goldman saying he sees less risk to estimates following management's 2017 guidance. The analyst upped his price target for the shares to $7.50 from $6. 4. Sarepta (SRPT) upgraded to Outperform from Market Perform at Leerink with analyst Joseph Schwartz saying the stock now reflects "reasonable expectations" for the Exondys launch. Management's new revenue guidance looks "highly conservative," Schwartz tells investors in a research note. The analyst believes share upside could come from Exondys 51 approval in Europe and/or successful development of follow-on antisense candidates. He raised his price target for Sarepta shares to $47 from $27. 5. Estee Lauder (EL) upgraded to Overweight from Neutral at Piper Jaffray with analyst Stephanie Wissink saying the growth is de-risked following the guidance reset. The analyst is "bullish" on the prospects for double digit earnings growth for investors that can look into FY18. She raised her price target for the shares to $95 from $81. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
HA Hawaiian Holdings
$53.25

1.35 (2.60%)

04/21/17
04/21/17
UPGRADE

Buy
Hawaiian Holdings upgraded on valuation, fundamental strength at Buckingham
As previously reported, Buckingham upgraded Hawaiian Holdings to Buy from Neutral and raised its price target to $63 from $55. The firm said there is a valuation disconnect as shares are down 9% year-to-date and underlying fundamentals remain strong. Buckingham's analyst has reduced concerns about competitive capacity between Hawaii and Japan due to domestic momentum and international strength elsewhere and raised estimates saying revenue is trending wall above forecasts.
02/09/17
WOLF
02/09/17
UPGRADE
WOLF
Outperform
Hawaiian Holdings upgraded to Outperform from Peer Perform at Wolfe Research
04/21/17
BUCK
04/21/17
UPGRADE
BUCK
Buy
Hawaiian Holdings upgraded to Buy from Neutral at Buckingham
COL Rockwell Collins
$104.64

5.05 (5.07%)

03/20/17
03/20/17
UPGRADE
Target $120

Outperform
Rockwell Collins upgraded to Outperform at Credit Suisse
As previously reported, Credit Suisse analyst Robert Spingarn upgraded Rockwell Collins (COL) to Outperform from Neutral as he expects a series of positive catalysts over the next 12 months. The analyst also sees a "strong pro-forma financial profile" with the ability to quickly delever, and says the B/E Aerospace (BEAV) acquisition is not priced in. Spingarn raised his price target on Rockwell Collins' to $120 from $92.
04/19/17
BARD
04/19/17
UPGRADE
Target $118
BARD
Outperform
Rockwell Collins upgraded to Outperform from Neutral at Baird
Baird analyst Peter Arment upgraded Rockwell Collins to Outperform from Neutral to reflect the recently closed acquisition of B/E Aerospace, which he views as having compelling accretion and cash flow generation. Arment believes investors should add or establish positions in Rockwell Collins below $100 per share and he raised his price target to $118 from $90.
04/04/17
UBSW
04/04/17
NO CHANGE
Target $122
UBSW
Buy
Rockwell Collins price target raised to $122 from $108 at UBS
UBS analyst David Strauss raised his price target on Rockwell Collins (COL) to $122 from $108 on expectations the B/E Aerospace (BEAV) acquisition will close over the near-term, leading to higher earnings estimates and free cash flow. Strauss maintained his Buy rating on Rockwell Collins shares.
03/20/17
FBCO
03/20/17
UPGRADE
FBCO
Outperform
Rockwell Collins upgraded to Outperform from Neutral at Credit Suisse
PFPT Proofpoint
$77.65

6.65 (9.37%)

04/20/17
BARD
04/20/17
DOWNGRADE
Target $77
BARD
Neutral
Proofpoint downgraded to Neutral at Baird
As reported previously, Baird analyst Jayson Noland downgraded Proofpoint to Neutral from Outperform citing concerns about sales execution that have accelerated lately. The analyst sees downside risk to earnings, though he said the company is still best-in-class in network security. Noland lowered his price target to $77 from $92 on Proofpoint shares.
04/21/17
RBCM
04/21/17
NO CHANGE
RBCM
Proofpoint reported 'impressive' Q1 results, says RBC Capital
RBC Capital analyst Matthew Hedberg says that Proofpoint reported "impressive" Q1 results and guidance. The analyst thinks that the company has many growth drivers going forward, and he keeps a $92 price target and an Outperform rating on the shares.
04/21/17
PIPR
04/21/17
NO CHANGE
Target $90
PIPR
Overweight
Proofpoint remains a top pick for 2017 at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski says Proofpoint remains a top pick for 2017 after reporting "yet another solid quarter." He believes the company has multiple growth drivers that are still in the early innings and that consensus estimates remain conservative. The analyst reiterates an Overweight rating on Proofpoint with a $90 price target.
04/20/17
BARD
04/20/17
DOWNGRADE
BARD
Neutral
Proofpoint downgraded to Neutral from Outperform at Baird
MAT Mattel
$21.79

-3.42 (-13.57%)

03/14/17
UBSW
03/14/17
NO CHANGE
UBSW
Buy
UBS discusses scenarios for hypothetical Mattel/Hasbro merger
UBS analyst Arpine Kocharyan noted market speculation about a potential merger of Hasbro (HAS) and Mattel (MAT). While admitting she has no view on the possibility of a deal happening, she does say there is large equity valuation gap between the two, with Mattel pricing in a potential dividend cut, and expressed her view that industry consolidation could pick up in 2017. Koocharyan maintains her Buy rating on Mattel and Neutral rating on Hasbro shares.
02/13/17
02/13/17
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. Air Products (APD) reinstated with an Overweight at Barclays. 2. Hasbro (HAS) was initiated with a Buy at Goldman, while Mattel (MAT) was initiated with a Neutral. 3. Jagged Peak Energy (JAG) initiated with a Positive at Susquehanna. 4. Kimbell Royalty Partners (KRP) initiated with a Buy at Wunderlich. 5. HollyFrontier (HFC) reinstated with a Sell 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.
02/13/17
GSCO
02/13/17
INITIATION
Target $27
GSCO
Neutral
Mattel initiated with a Neutral at Goldman
Goldman analyst Michael Ng initiated Mattel with a Neutral and a $27 price target. The analyst said Mattel is undergoing a turnaround in several of its core brands but consensus estimates are already looking for a meaningful recovery, creating increased risk.
02/08/17
PIPR
02/08/17
NO CHANGE
PIPR
Piper discusses resurfacing of Hasbro, Mattel deal speculation
Piper Jaffray analyst Stephanie Wissink points out that over her firm's 15 years of coverage, speculation of a merger between Hasbro (HAS) and Mattel (MAT) has surfaced several times. Hasbro's strong Q4 earnings report and share rally, in contrast with Mattel's negative Q4 preannouncement and pullback, has reignited the conjecture, Wissink tells investors in a research note. Economically a merger would create value, but a combination of the number two and three toy companies "would require significant evaluation from anti-trust authorities," the analyst writes. She believes a deal is possible if the Federal Trade Commission widens the boundaries around "youth entertainment & play," say to include video games, digital games and media. Hasbro closed yesterday up 67c to $94.98 while Mattel, after rallying in early trading, closed down 4c to $25.88. Wissink adds that she can find upwards of $500M of merger synergies if the two companies were to combine.
MANH Manhattan Associates
$45.76

-4.82 (-9.53%)

04/21/17
04/21/17
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. Verizon (VZ) downgraded to Hold from Buy at Argus with analyst Joseph Bonner citing the company's subscriber losses and "intense competition." He says that the company has been forced to offer "unsubsidized phone plans and unlimited data" which have hurt its results. 2. Cabot Oil & Gas (COG) downgraded to Outperform from Strong Buy at Raymond Jame with analyst John Freeman citing recent outperformance and lower natural gas pricing forecasts. 3. Manhattan Associates (MANH) downgraded to Hold from Buy at Benchmark with analyst Mark Schappel noting that the company's cut to its 2017 revenue outlook was its third consecutive guide down. Schappel lowered his price target on Manhattan Associates shares to $48 from $65. 4. Humana (HUM) downgraded to Hold from Buy at Jefferies with analyst David Windley saying he views the as expensive and points out that 2018 premium growth under President Trump is lower than 2017 under Obama. 5. Plains All American (PAA) downgraded to Hold from Buy at Jefferies with analyst Christopher Sighinolf saying the valuation appears full at current share levels. The analyst lowered his price target for the name to $27 from $28. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/21/17
BNCH
04/21/17
DOWNGRADE
Target $48
BNCH
Hold
Manhattan Associates downgraded to Hold from Buy at Benchmark
Benchmark analyst Mark Schappel downgraded Manhattan Associates to Hold from Buy, noting that the company's cut to its 2017 revenue outlook was its third consecutive guide down. Schappel lowered his price target on Manhattan Associates shares to $48 from $65.
02/01/17
BNCH
02/01/17
NO CHANGE
Target $65
BNCH
Buy
Manhattan Associates price target lowered to $65 from $71 at Benchmark
Benchmark analyst Mark Schappel acknowledges he considered stepping aside with a downgrade of Manhattan Associates after the company's earnings report and "meaningfully lower" revenue outlook for 2017, but he believes the services business will bottom in Q1, allowing for a resumption of growth in the second half of the year if management executes. He keeps a Buy rating on Manhattan Associates shares, but cut his price target to $65 from $71 on the stock.
01/26/17
BMUR
01/26/17
NO CHANGE
Target $75
BMUR
Buy
Manhattan Associates services weakness likely to linger, says Brean Capital
Brean Capital analyst Yun Kim said his most recent channel checks for Manhattan Associates indicate services weakness remains and may linger. He said the checks also indicate the issues behind the weakness are temporary and not reflective of any decline in fundamentals. Kim believes the risk/reward at current valuation levels favor the long-term opportunity around the Omni-channel secular trend, which should offset the risks related to the current weakness. Kim reiterated his Buy rating and $75 price target on Manhattan Associates shares.

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

15:17
06/28/17
06/28
15:17
06/28/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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03/08/13
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03/06/13
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03/06/13
Barclays

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$NYE

NYSE Market Internals

15:16
06/28/17
06/28
15:16
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15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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MLCO

Melco Resorts & Entertainment

$22.71

-0.29 (-1.26%)

15:10
06/28/17
06/28
15:10
06/28/17
15:10
Options
Melco Resorts with a bullish short-term option play »

Melco Resorts with a…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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15:05
06/28/17
06/28
15:05
06/28/17
15:05
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

SIEGY

Siemens

$70.08

-0.19 (-0.27%)

, BDRBF

Bombardier

$1.83

-0.0236 (-1.27%)

15:02
06/28/17
06/28
15:02
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15:02
Periodicals
Breaking Periodicals news story on Siemens, Bombardier »

Siemens, Bombardier…

SIEGY

Siemens

$70.08

-0.19 (-0.27%)

BDRBF

Bombardier

$1.83

-0.0236 (-1.27%)

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

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  • 30

    Jul

T

AT&T

$37.89

0.186 (0.49%)

15:00
06/28/17
06/28
15:00
06/28/17
15:00
Options
AT&T attracts downside put buyers »

AT&T attracts…

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03/08/13
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03/06/13
Citigroup
03/06/13
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POT

Potash

$16.34

-0.015 (-0.09%)

14:55
06/28/17
06/28
14:55
06/28/17
14:55
Options
Potash put volume heavy and directionally bearish »

Bearish flow noted in…

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03/06/13
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CARA

Cara Therapeutics

$26.42

1.01 (3.97%)

, NKTR

Nektar

$18.82

-0.915 (-4.64%)

14:46
06/28/17
06/28
14:46
06/28/17
14:46
Hot Stocks
Before the Move: Watch Cara Therapeutics into osteoarthritis pain results »

Cara Therapeutics (CARA)…

CARA

Cara Therapeutics

$26.42

1.01 (3.97%)

NKTR

Nektar

$18.82

-0.915 (-4.64%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 29

    Jun

  • 06

    Jul

NRG

NRG Energy

$17.41

0.2001 (1.16%)

14:45
06/28/17
06/28
14:45
06/28/17
14:45
Options
NRG Energy call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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03/06/13
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GDEN

Golden Entertainment

$20.36

-0.37 (-1.78%)

14:43
06/28/17
06/28
14:43
06/28/17
14:43
Hot Stocks
Golden Entertainment announces approval for Illinois gaming terminal license »

Golden Entertainment…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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LB

Labarge

$54.33

-0.085 (-0.16%)

14:30
06/28/17
06/28
14:30
06/28/17
14:30
Options
6X average daily volume in L Brands driven by a three-way spread »

6X average daily volume…

03/08/13
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03/08/13
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FENX

Fenix Parts

$1.57

0.08 (5.37%)

14:29
06/28/17
06/28
14:29
06/28/17
14:29
Hot Stocks
Fenix Parts plunges after Nasdaq delisting notice »

Shares of microcap Fenix…

03/08/13
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HL

Hecla Mining

$5.25

0.075 (1.45%)

14:28
06/28/17
06/28
14:28
06/28/17
14:28
Hot Stocks
Breaking Hot Stocks news story on Hecla Mining »

Hecla Mining trading…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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KMPH

KemPharm

$3.45

0.05 (1.47%)

14:25
06/28/17
06/28
14:25
06/28/17
14:25
Conference/Events
KemPharm to hold a conference call »

Management discusses the…

03/08/13
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  • 28

    Jun

HL

Hecla Mining

$5.25

0.075 (1.45%)

14:24
06/28/17
06/28
14:24
06/28/17
14:24
Earnings
Hecla Mining sees Q2 revenue of $127M-$137M, consensus $145.85M »

Hecla Mining announced…

03/08/13
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HL

Hecla Mining

$5.25

0.075 (1.45%)

14:21
06/28/17
06/28
14:21
06/28/17
14:21
Hot Stocks
Hecla Mining to offer $500M of senior notes »

Hecla Mining announced…

03/08/13
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SVA

Sinovac Biotech

$6.34

-0.07 (-1.09%)

14:20
06/28/17
06/28
14:20
06/28/17
14:20
Hot Stocks
Sinobioway Consortium confirms Sinovac Biotech offer raised to $8 per share »

Shandong Sinobioway…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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$NSD

NASDAQ Market Internals

14:17
06/28/17
06/28
14:17
06/28/17
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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$NYE

NYSE Market Internals

14:16
06/28/17
06/28
14:16
06/28/17
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

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QQQ

PowerShares QQQ Trust

$138.03

-2.55 (-1.81%)

14:10
06/28/17
06/28
14:10
06/28/17
14:10
Options
Defensive option play in the PowerShares QQQ »

Defensive option play in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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AGX

Argan

$62.40

0.9 (1.46%)

14:08
06/28/17
06/28
14:08
06/28/17
14:08
Initiation
Argan initiated  »

Argan initiated with a…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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HL

Hecla Mining

$5.24

0.07 (1.35%)

14:05
06/28/17
06/28
14:05
06/28/17
14:05
Hot Stocks
Breaking Hot Stocks news story on Hecla Mining »

Hecla Mining trading…

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

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14:05
06/28/17
06/28
14:05
06/28/17
14:05
General news
U.S. equities are extending their bull run »

U.S. equities are…

14:00
06/28/17
06/28
14:00
06/28/17
14:00
General news
FX Action: USD-CAD »

FX Action: USD-CAD…

13:58
06/28/17
06/28
13:58
06/28/17
13:58
General news
Averages, internals remain strong in afternoon trading »

Stocks remain sharply…

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