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TEVA

Teva

$30.17

-0.26 (-0.85%)

, BIP

Brookfield Infrastructure

$40.09

0.36 (0.91%)

10:48
06/16/17
06/16
10:48
06/16/17
10:48

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 Neutral from Underperform at Mizuho with analyst Irina Koffler citing reduced near-term risk of a Mylan's (MYL) generic Copaxone approval, potential asset sale announcements, and encouraging May subscription trends. 2. Brookfield Infrastructure (BIP) upgraded to Outperform from Neutral at Credit Suisse with analyst Andrew Kuske saying the potential inclusion of Brookfield Infrastructure into the S&P Index is likely to have a "meaningful impact" on demand around the third quarter index revision. 3. Celgene (CELG) upgraded to Outperform from Market Perform at Leerink with analyst Geoffrey Porges saying he views Celgene's valuation as "discounted." 4. Regency Centers (REG) upgraded to Buy from Hold at Jefferies with analyst George Hoglund saying he believes the recent pullback in the shares creates an attractive entry point. 5. Nanometrics (NANO) upgraded to Buy from Hold at Stifel with analyst Patrick Ho citing valuation, along with his belief that wafer lab equipment spending will be strong next year and that the "elevated spending" level may be sustainable. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TEVA

Teva

$30.17

-0.26 (-0.85%)

BIP

Brookfield Infrastructure

$40.09

0.36 (0.91%)

CELG

Celgene

$120.61

-0.43 (-0.36%)

REG

Regency Centers

$61.95

-2.11 (-3.29%)

NANO

Nanometrics

$24.89

-0.91 (-3.53%)

  • 22

    Jun

  • 22

    Jun

  • 04

    Aug

  • 30

    Aug

TEVA Teva
$30.17

-0.26 (-0.85%)

06/16/17
CANT
06/16/17
INITIATION
Target $31
CANT
Neutral
Teva initiated with a Neutral at Cantor
Cantor Fitzgerald analyst Louise Chen started Teva with a Neutral rating and $31 price target.
06/15/17
MZHO
06/15/17
UPGRADE
MZHO
Neutral
Teva upgraded to Neutral from Underperform at Mizuho
Mizuho analyst Irina Koffler upgraded Teva (TEVA) to Neutral and raised its price target to $30 from $25 citing reduced near-term risk of a Mylan's (MYL) generic Copaxone approval, potential asset sale announcements, and encouraging May subscription trends. The analyst said challenging fundamentals have not changed but sees less downside risk over the next year.
05/11/17
WELS
05/11/17
NO CHANGE
WELS
Market Perform
Teva faces 'underappreciated risk' from major generic RFPs, says Wells Fargo
Wells Fargo analyst David Maris noted that Teva's generic drug price erosion came in at 7% in Q1, adding that Teva's management, which previously indicated that they expected price erosion in the U.S. to be 5%, "did not explain well" how the factors that negatively impacted prices were not fully anticipated. Also, there are currently two major generic Request for Proposals out for bid - one from Express Scripts (ESRX), Albertson's and Kroger (KR) and one from Walmart (WMT) and McKesson (MCK) - and the potential price reset from these is an "underappreciated risk" facing Teva, added Maris, who keeps a Market Perform rating on the stock.
05/02/17
LEHM
05/02/17
NO CHANGE
Target $70
LEHM
Overweight
Neurocrine price target raised to $70 from $60 at Barclays
Barclays analyst Geoff Meacham raised his price target for Neurocrine Biosciences (NBIX) to $70 and maintains an Overweight rating on the shares. Ingrezza pricing came in ahead of expectations at $50,000 per year net, Meacham tells investors in a research note. He believes the net cost of Ingrezza is favorably positioned relative to Teva's (TEVA) Austedo.
BIP Brookfield Infrastructure
$40.09

0.36 (0.91%)

12/09/16
12/09/16
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. Chesapeake Utilities (CPK) initiated with a Neutral at Ladenburg. 2. CONSOL (CNX) initiated with a Neutral at Goldman. 3. Johnson Controls (JCI) assumed with an Equal Weight at Barclays. 4. American Midstream Partners (AMID) initiated with a Buy at Janney Capital. 5. Brookfield Infrastructure (BIP) coverage resumed with an Outperform at Wells Fargo. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/10/17
FBCO
02/10/17
DOWNGRADE
FBCO
Neutral
Brookfield Infrastructure downgraded to Neutral from Outperform at Credit Suisse
02/13/17
02/13/17
DOWNGRADE
Target $40

Neutral
Brookfield Infrastructure downgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst Andrew Kuske downgraded Brookfield Infrastructure to Neutral from Outperform, with a $40 price target, after media reports stated a Brazilian Federal Justice suspended the sale of the Petrobras's NTS gas pipeline system to the company. The analyst believes there will be legal wrangling ahead that will likely create timing uncertainty.
06/16/17
FBCO
06/16/17
UPGRADE
Target $44
FBCO
Outperform
Brookfield Infrastructure upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Andrew Kuske upgraded Brookfield Infrastructure Partners LP to Outperform and raised his price target shares to $44 from $40. The potential inclusion of Brookfield Infrastructure into the S&P Index is likely to have a "meaningful impact" on demand around the Q3 index revision, Kuske tells investors in a research note. The analyst also believes Brookfield ha a "solid fundamental organic growth story" that is underappreciated.
CELG Celgene
$120.61

-0.43 (-0.36%)

06/06/17
LEER
06/06/17
NO CHANGE
Target $100
LEER
Outperform
bluebird data among most impressive in CAR-T space, says Leerink
Leerink analyst Michael Schmidt says bluebird bio's (BLUE) bb2121 dose-escalation data in multiple myeloma is among the most impressive early data sets he's seen in the CAR-T space to date. The data sets a high bar for the competition, which includes Juno Therapeutics (JUNO), Kite Pharma (KITE) and Novartis (NVS), Schmidt tells investors in a research note. Being one year ahead of the competition provides bluebird and Celgene (CELG) with an ideal position in multiple myeloma, the analyst adds. He keeps an Outperform rating on bluebird shares with a $100 price target.
06/16/17
LEER
06/16/17
UPGRADE
Target $150
LEER
Outperform
Celgene upgraded to Outperform from Market Perform at Leerink
Leerink analyst Geoffrey Porges upgraded Celgene to Outperform and raised his price target for the shares to $150 from $146.
06/16/17
LEER
06/16/17
UPGRADE
Target $150
LEER
Outperform
Leerink upgrades Celgene to Outperform on 'discounted valuation'
Leerink analyst Geoffrey Porges upgraded Celgene to Outperform from Market Perform and raised his price target for the shares to $150 from $146. The biopharmaceutical company closed yesterday down 43c to $120.61. The analyst, who points out his revenue estimates for 2017-2019 are above the consensus, views Celgene's valuation as "discounted." The analyst expects the company's operating results to rebound in Q2 and stock's multiple to recover in Q3 "towards a more growth-appropriate range." He also anticipates "significant upward revisions" to consensus expectations in Q3.
06/13/17
06/13/17
NO CHANGE
Target $63

Outperform
FBR keeps $61 target on Acceleron after dalantercept failure
FBR Capital analyst Ed White says that while the dalantercept failed Phase II study is "disappointing," his focus remains on luspatercept, which is being studied in beta-thalassemia and myelodysplastic syndrome. Celgene (CELG) estimates peak sales potential of over $2B for luspatercept, which could translate into more than $400M in revenue for Acceleron Pharma (XLRN), White tells investors in a research note. He thinks luspatercept could be brought to market by 2019. White's price target for Acceleron remains $63 as he had only a 15% probability of approval and a low revenue estimate for dalantercept. The analyst reiterates an Outperform rating on the shares.
REG Regency Centers
$61.95

-2.11 (-3.29%)

05/10/17
RHCO
05/10/17
NO CHANGE
RHCO
Regency Centers reported 'strong' results, says SunTrust
SunTrust analyst Ki Bin Kim,says that Regency reported "strong" results, driven by a 3.7% increase in its SSNOI, "stable occupancy," and cost synergies. The analyst notes that the company's raised FFO guidance exceeded expectations ,and Kim is most impressed by the company's new top 25 tenant list. According to Kim, the list is "so much stronger" than those of other REIts. The analyst keeps a $77 price target and a Buy rating on the shares.
03/06/17
03/06/17
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. Snap (SNAP) initiated with an Underperform at Needham. 2. Johnson Controls (JCI) initiated with a Neutral at JPMorgan. 3. Regency Centers (REG) reinstated with an Equal Weight at Barclays. 4. Limbach Holding (LMB) initiated with a Buy at Roth Capital. 5. Enbridge (ENB) coverage resumed with an Outperform at BMO Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/06/17
LEHM
03/06/17
INITIATION
Target $72
LEHM
Equal Weight
Regency Centers reinstated with an Equal Weight at Barclays
Barclays analyst Linda Tsai reinstated Regency Centers with an Equal Weight rating and $72 price target.
06/16/17
JEFF
06/16/17
UPGRADE
Target $74
JEFF
Buy
Regency Centers upgraded to Buy from Hold at Jefferies
Jefferies analyst George Hoglund upgraded Regency Centers to Buy and raised his price target for the shares to $74 from $72. The analyst believes the recent pullback in the shares creates an attractive entry point. He expects the company's grocery-anchored portfolio to outperform REIT peers.
NANO Nanometrics
$24.89

-0.91 (-3.53%)

06/16/17
STFL
06/16/17
UPGRADE
STFL
Buy
Nanometrics upgraded on valuation, wafer equipment spending outlook at Stifel
As noted earlier, Stifel upgraded Nanometrics to Buy from Hold. Analyst Patrick Ho upgraded the stock based on valuation, along with his belief that wafer lab equipment spending will be strong next year and that the "elevated spending" level may be sustainable. Target to $31 from $29.
05/03/17
DADA
05/03/17
NO CHANGE
DADA
Nanometrics should be bought on any weakness, says DA Davidson
After Nanometrics reported in-line revenue but its Q1 EPS and Q2 EPS guidance came in below expectations, DA Davidson analyst Thomas Diffely blames the miss on costs associated with the company's newer products. He notes that the company raised its 2017 revenue growth outlook to 18% from 13%. He raised his price target on the shares to $36 from $34 and keeps a Buy rating.
06/16/17
STFL
06/16/17
UPGRADE
STFL
Buy
Nanometrics upgraded to Buy from Hold at Stifel
03/22/17
DADA
03/22/17
NO CHANGE
DADA
Nanometrics outlook has improved, says DA Davidson
After meeting with Nanometrics' management, DA Davidson analyst Thomas Diffely says that the fundamentals of the company and its industry are improving. He says that the company's strong order book, a new OCD product and steady growth in the high margin software business should help the company report strong 2017 results. He thinks that the company's EPS could easily reach $2 in a few years. He raised his price target on the name to $34 from $30 and keeps a Buy rating.

TODAY'S FREE FLY STORIES

SAN

Banco Santander

$6.85

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BLCM

Bellicum Pharmaceuticals

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KND

Kindred Healthcare

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LOGI

Logitech

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BLCM

Bellicum Pharmaceuticals

$13.32

0.18 (1.37%)

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XLF

Financial Select Sector

$24.52

0.38 (1.57%)

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C

Citi

$65.18

0.95 (1.48%)

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Technical View: Citi rises after hours »

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BAC

Bank of America

$23.88

0.61 (2.62%)

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CNSL

Consolidated Communications

$21.27

0.53 (2.56%)

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FairPoint

$15.50

0.5 (3.33%)

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FairPoint

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0.5 (3.33%)

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FB

Facebook

$153.24

2.66 (1.77%)

16:54
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Facebook creating ad targeting for families, Axios reports »

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NTRS

Northern Trust

$96.66

1.24 (1.30%)

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  • 19

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SBOT

Stellar Biotechnologies

$1.23

-0.05 (-3.91%)

16:51
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Breaking Hot Stocks news story on Stellar Biotechnologies »

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CMA

Comerica

$71.94

0.14 (0.19%)

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JPM

JPMorgan

$89.82

1.77 (2.01%)

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BBVA

Banco Bilbao

$8.54

0.16 (1.91%)

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  • 28

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ZION

Zions Bancorp

$42.97

0.43 (1.01%)

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PNC

PNC Financial

$123.40

2.28 (1.88%)

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MBUU

Malibu Boats

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0.28 (1.10%)

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CIT

CIT Group

$48.61

0.27 (0.56%)

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DFS

Discover

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  • 26

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AMZN

Amazon.com

$990.33

13.55 (1.39%)

, WMT

Wal-Mart

$76.51

0.5 (0.66%)

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AMZN

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WMT

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$76.51

0.5 (0.66%)

EBAY

eBay

$35.31

0.4 (1.15%)

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  • 28

    Jun

STI

SunTrust

$56.09

0.88 (1.59%)

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  • 21

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KEY

KeyCorp

$18.38

0.18 (0.99%)

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BK

BNY Mellon

$50.60

0.92 (1.85%)

16:43
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  • 20

    Jul

CFG

Citizens Financial

$35.34

0.5 (1.44%)

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