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TSN

Tyson Foods

$61.54

0.79 (1.30%)

, HPE

HP Enterprise

$16.83

-0.095 (-0.56%)

12:01
06/12/17
06/12
12:01
06/12/17
12:01

Tyson Foods names HP Enterprise exec Spradley as CTO

Tyson Foods (TSN) has hired HP Enterprise (HPE) chief information officer Scott Spradley to become the company's chief technology officer, effective June 26. Spradley will be part of Tyson Foods' enterprise leadership team, reporting directly to President and CEO Tom Hayes. He will lead the company's Information Technology team and approach to new technologies and systems that enable growth. Devin Graham, who served as interim chief technology officer, will remain with the company as vice president, technology and support and help Spradley transition to his new role.

TSN

Tyson Foods

$61.54

0.79 (1.30%)

HPE

HP Enterprise

$16.83

-0.095 (-0.56%)

  • 12

    Jun

TSN Tyson Foods
$61.54

0.79 (1.30%)

03/16/17
03/16/17
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. Biogen (BIIB) was downgraded to Equal Weight from Overweight at Morgan Stanley and Market Perform from Outperform at Leerink. 2. United Continental (UAL) downgraded to In Line from Outperform at Evercore ISI. 3. Tyson Foods (TSN) downgraded to Hold from Buy at Argus with analyst John Staszak citing the SEC probe of Tyson and other poultry producers, potential decelerating earnings in coming quarters, and a recent bird flu outbreak in two states. 4. Williams-Sonoma (WSM) downgraded to Market Perform from Outperform at William Blair with analyst Daniel Hofkin citing the company's fourth quarter results. 5. Inovio (INO) downgraded to Neutral from Overweight at Piper Jaffray with analyst Charles Duncan saying a "lack of focus and advancement for any one program" poses execution risk to the broader platform, and to shareholders. The analyst lowered his price target for the shares to $9 from $13 following the company's Q4 results. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/25/17
PIVT
04/25/17
NO CHANGE
Target $40
PIVT
Sell
Tyson Foods targets are aggressive, says Pivotal Research
Pivotal Research analyst Timothy Ramey said Tyson Foods' (TSN) synergy targets for the AdvancePierre Foods (APFH) are aggressive. Tyson expects $200M in cost synergies over three years, implying the adjusted EBITDA margins soaring to 31.8% from 19.1% in three years, which the analyst finds unlikely. Ramey said the overall margins for Prepared Food are flattish even with these "tremendous" synergies and maintained its Sell rating and a $40 price target.
06/06/17
LEHM
06/06/17
INITIATION
Target $70
LEHM
Overweight
Tyson Foods initiated with an Overweight at Barclays
Barclays analyst Benjamin Theurer started Tyson Foods with an Overweight rating and $70 price target. The analyst launched coverage on the Americas Agribusiness sector with a Neutral rating. He believes Tyson offers the best combination of growth, margin expansion and shareholder return.
06/07/17
MZHO
06/07/17
INITIATION
Target $71
MZHO
Buy
Tyson Foods initiated with a Buy at Mizuho
Mizuho analyst Jeremy Scott initiated Tyson Foods with a Buy and a $71 price target.
HPE HP Enterprise
$16.83

-0.095 (-0.56%)

06/01/17
UBSW
06/01/17
NO CHANGE
Target $21
UBSW
Buy
UBS believes worst may be over for HP Enterprise
UBS analyst Steven Milunovich noted HP Enterprise reported Q2 results in-line with expectations but said products lost money, the company was unable to raise prices due to competition, and its breakup with Microsoft (MSFT) in the cloud business had a more negative impact than thought. Milunovich feels, however, the worst may be over for the company as headwinds begin to moderate and its current valuation remains low. Milunovich maintained his Buy rating and $21 price target on HP Enterprise shares.
06/01/17
FBCO
06/01/17
NO CHANGE
Target $21
FBCO
Outperform
HP Enterprise earnings guidance remains conservative, says Credit Suisse
Credit Suisse analyst Kulbinder Garcha believes HP Enterprise's EPS guidance for its "RemainCo" following the Software spin-merger planned for September remains conservative at $1.13-$1.23 and his own estimate of RemainCo EPS power of $1.25 will also prove conservative. While its Q2 margins were weaker than expected, Garcha views the margin pressures as transitory, he added. The analyst keeps his Outperform rating and $21 price target on HP Enterprise shares.
06/05/17
CHLM
06/05/17
NO CHANGE
Target $12.5
CHLM
Buy
Extreme Networks set to enter top 3 in enterprise networking, says Craig-Hallum
Craig-Hallum analyst Christian Schwab noted that Extreme Networks (EXTR) is poised to become the third largest enterprise networking vendor - behind Cisco (CSCO) and HP Enterprise (HPE) - post the closing of its deals with Avaya and Brocade (BRCD). Management has introduced a FY18 target for revenue of over $1B and, combined with its just revealed margin targets, Extreme should be earning 90c-95c per share annually, estimated Schwab, who reiterates his Buy rating and $12.50 price target on the stock following the company's analyst day.
06/05/17
NEED
06/05/17
NO CHANGE
Target $50
NEED
Buy
Gigamon worth $50-$55 per share to acquirer, says Needham
After Reuters reported that Gigamon (GIMO) has responded to Elliot Management's urging and has undertaken an active review of its options, including a potential sale, Needham analyst Alex Henderson estimated that a fair value for Gigamon is in the $50-$55 range. Henderson - who lists Cisco (CSCO), Juniper (JNPR), F5 (FFIV), HP (HPE), Dell/EMC (EMC), Palo Alto (PANW), and Fortinet (FTNT) among the companies that he thinks could be interested - said he would not be surprised to see Gigamon attract multiple suitors. He raised his price target on Gigamon to $50 from $34 and keeps a Buy rating on the stock.

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LOW

Lowe's

$75.82

1.97 (2.67%)

, EV

Eaton Vance

$47.16

0.58 (1.25%)

20:25
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Lowe's

$75.82

1.97 (2.67%)

EV

Eaton Vance

$47.16

0.58 (1.25%)

AEO

American Eagle

$11.21

0.59 (5.56%)

EXPR

Express

$5.49

0.14 (2.62%)

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T

AT&T

$37.98

0.4 (1.06%)

, TWX

Time Warner

$101.80

-0.31 (-0.30%)

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$101.80

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  • 06

    Sep

REGI

Renewable Energy

$11.20

0.1 (0.90%)

18:50
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Renewable Energy CEO: Commerce Dept. move 'victory' for job creation »

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  • 22

    Aug

INTC

Intel

$34.65

-0.27 (-0.77%)

18:37
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Hot Stocks
Former Intel CFO Stacy Smith to retire at the end of January, 2018 »

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  • 28

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COL

Rockwell Collins

$124.29

0.6 (0.49%)

18:36
08/22/17
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18:36
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18:36
Upgrade
Rockwell Collins rating change at Vertical Research »

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CRM

Salesforce

$92.95

1.19 (1.30%)

18:24
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  • 22

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WWR

Westwater Resources

$1.32

-0.14 (-9.59%)

18:16
08/22/17
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Hot Stocks
Westwater Resources acquires water rights for Columbus Basin Project in Nevada »

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ZTO

ZTO Express

$14.01

0.11 (0.79%)

18:03
08/22/17
08/22
18:03
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18:03
Earnings
Breaking Earnings news story on ZTO Express »

ZTO Express sees Q3…

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  • 22

    Aug

ZTO

ZTO Express

$14.01

0.11 (0.79%)

18:02
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Earnings
ZTO Express reports Q2 earnings per ADS 15c, consensus 14c »

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  • 22

    Aug

URI

United Rentals

$112.44

4.04 (3.73%)

, CMI

Cummins

$153.10

1.04 (0.68%)

17:48
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Hot Stocks
United Rentals acquires power equipment assets from Cummins »

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URI

United Rentals

$112.44

4.04 (3.73%)

CMI

Cummins

$153.10

1.04 (0.68%)

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  • 22

    Aug

MXIM

Maxim Integrated

$44.39

0.68 (1.56%)

, LZB

La-Z-Boy

$31.25

0.1 (0.32%)

17:40
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Hot Stocks
On The Fly: After Hours Movers »

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MXIM

Maxim Integrated

$44.39

0.68 (1.56%)

LZB

La-Z-Boy

$31.25

0.1 (0.32%)

CREE

Cree

$23.03

0.46 (2.04%)

VNET

21Vianet

$4.58

0.03 (0.66%)

CRM

Salesforce

$92.95

1.19 (1.30%)

RTNB

root9B Technologies

$2.98

1.72 (136.51%)

RARE

Ultragenyx

$58.85

1.94 (3.41%)

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CRM

Salesforce

$92.95

1.19 (1.30%)

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  • 22

    Aug

  • 05

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MXIM

Maxim Integrated

$44.39

0.68 (1.56%)

17:34
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Hot Stocks
Maxim Integrated names Sumeet Gagneja principal accounting officer »

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  • 06

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CTIC

CTI BioPharma

$3.30

0.01 (0.30%)

17:33
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Hot Stocks
CTI BioPharma: Chief Business Officer Matthew Plunkett resigns »

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UNM

Unum Group

$47.84

0.51 (1.08%)

17:32
08/22/17
08/22
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17:32
Syndicate
Breaking Syndicate news story on Unum Group »

Unum Group files…

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  • 06

    Sep

FTK

Flotek

$5.50

-0.1 (-1.79%)

17:29
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Hot Stocks
Flotek announces conclusion of SEC inquiry »

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  • 14

    Nov

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CRM

Salesforce

$92.95

1.19 (1.30%)

17:24
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  • 22

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THO

Thor Industries

$103.90

0.45 (0.43%)

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GOOG

Alphabet

$924.69

18.03 (1.99%)

, GOOGL

Alphabet Class A

$940.40

19.53 (2.12%)

17:14
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GOOG

Alphabet

$924.69

18.03 (1.99%)

GOOGL

Alphabet Class A

$940.40

19.53 (2.12%)

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  • 24

    Aug

VNET

21Vianet

$4.58

0.03 (0.66%)

17:11
08/22/17
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Earnings
21Vianet reports Q2 EPS (12c), one estimate (11c) »

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  • 22

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RTNB

root9B Technologies

$2.98

1.72 (136.51%)

17:05
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GPT

Gramercy Property Trust

$29.13

-0.03 (-0.10%)

17:03
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