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TRI

Thomson Reuters

$45.78

-0.28 (-0.61%)

05:45
06/19/17
06/19
05:45
06/19/17
05:45

Thomson Reuters upgraded to Buy from Hold at Deutsche Bank

Deutsche Bank analyst Ato Garrett upgraded Thomson Reuters to Buy and raised his price target for the shares to $50 from $44. Improving growth from the Financial and Risk segment makes the company well positioned for the back half of the year, Garrett tells investors in a research note.

TRI Thomson Reuters
$45.78

-0.28 (-0.61%)

05/01/17
ADAM
05/01/17
DOWNGRADE
Target $47
ADAM
Hold
Thomson Reuters downgraded to Hold from Buy at Canaccord
Canaccord analyst Aravinda Galappatthige downgraded Thomson Reuters to Hold citing valuation and maintained a $47 price target. The analyst said Thomson reported strong Q1 results but there is little change in the outlook to drive shares higher.
05/01/17
05/01/17
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. Booz Allen (BAH), L3 Technologies (LLL), and Harris (HRS) downgraded to Equal Weight from Overweight at Barclays. 2. Synchrony (SYF) downgraded to Neutral from Conviction Buy at Goldman Sachs and to Equal Weight from Overweight at Stephens. 3. Regions Financial (RF) downgraded to Neutral from Outperform at Wedbush with analyst Peter Winter saying a number of the company's businesses are generating lower than expected revenue, while the bank could be hurt by pressure on Treasury yields. 4. Thomson Reuters (TRI) downgraded to Hold from Buy at Canaccord with analyst Aravinda Galappatthige citing valuation and maintained a $47 price target. 5. FirstEnergy (FE) downgraded to In Line from Outperform at Evercore ISI and to Neutral from Overweight at JPMorgan. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/15/17
MACQ
06/15/17
UPGRADE
Target $51
MACQ
Outperform
Thomson Reuters upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Giasone Salati upgraded Thomson Reuters to Outperform with a $51 price target saying he now believes the company is well positioned for what might be a once-in-a-decade boost in demand for services by MIFID II investment firms. The analyst said terminal pricing has finally been reset and Thomson has a well balanced portfolio with most revenues coming from the Financial & Risk segment, but he notes steady cash generation from the legal division and Tax & Accounting is managed for growth. Salati believes Thomson's 10% discounted valuation to peers is unjustified given improving prospects of the Financial & Risk division.
06/15/17
06/15/17
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. La Quinta (LQ) upgraded to Overweight from Equal Weight at Morgan Stanley with the firm's analyst indicating a more bullish outlook for lodging demand given the stronger economy and raised La Quinta estimates, and notes shares have underperformed year-to-date. 2. Paccar (PCAR) upgraded to Buy from Neutral at Goldman Sachs with analyst Jerry Revinch saying he is positive on the company's prospects to further improve its industry-leading returns on capital. 3. Thomson Reuters (TRI) upgraded to Outperform from Neutral at Macquarie with analyst Giasone Salati saying he now believes the company is well positioned for what might be a once-in-a-decade boost in demand for services by MIFID II investment firms. 4. Beazer Homes (BZH) upgraded to Outperform from Neutral at Wedbush with analyst Jay McCanless citing what he sees as "the loosening of credit standards at Fannie Mae (FNMA)." 5. Enterprise Products (EPD) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Tom Abrams citing relative valuation and said the company should benefit from improving ethane markets over the next few years. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

PRGS

Progress Software

$37.49

0.18 (0.48%)

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JEC

Jacobs Engineering

$56.76

0.81 (1.45%)

, AERI

Aerie Pharmaceuticals

$60.10

1.8 (3.09%)

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JEC

Jacobs Engineering

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AERI

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BNPQY

BNP Paribas

$39.68

0.19 (0.48%)

, AXAHY

AXA

$29.47

0.13 (0.44%)

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Periodicals
BNP weighing tie-up of money-management division with Axa unit, Bloomberg says »

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BNP Paribas

$39.68

0.19 (0.48%)

AXAHY

AXA

$29.47

0.13 (0.44%)

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CHFC

Chemical Financial

$49.32

0.71 (1.46%)

07:45
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Downgrade
Chemical Financial rating change  »

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QSII

Quality Systems

$15.71

-0.14 (-0.88%)

07:45
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Initiation
Quality Systems initiated  »

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07:45
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General news
N.Y. FX Outlook »

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HOLI

Hollysys

$20.77

0.42 (2.06%)

07:44
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09/19
07:44
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Conference/Events
Hollysys management to meet with Deutsche Bank »

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  • 19

    Sep

  • 16

    Oct

CYTK

Cytokinetics

$14.25

0.1 (0.71%)

, AMGN

Amgen

$186.47

-1 (-0.53%)

07:44
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Hot Stocks
Cytokinetics doses first patient in Japan in GALACTIC-HF Phase 3 trial »

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CYTK

Cytokinetics

$14.25

0.1 (0.71%)

AMGN

Amgen

$186.47

-1 (-0.53%)

03/08/13
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  • 25

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  • 02

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  • 03

    Feb

  • 30

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  • 17

    May

KORS

Michael Kors

$44.65

-0.27 (-0.60%)

07:43
09/19/17
09/19
07:43
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07:43
Technical Analysis
Technical View: Michael Kors moves higher, analyst action »

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INTC

Intel

07:43
09/19/17
09/19
07:43
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Periodicals
Intel Capital invested over $1B in AI-focused companies, TechCrunch says »

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  • 23

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  • 05

    Oct

PDCO

Patterson Companies

$37.94

-0.59 (-1.53%)

07:43
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09/19
07:43
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Initiation
Patterson Companies initiated  »

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BABA

Alibaba

$179.98

3.28 (1.86%)

, BSTI

BEST Inc

07:43
09/19/17
09/19
07:43
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07:43
Syndicate
BEST Inc cuts size of proposed IPO following 'tepid' response, Reuters reports »

Best Inc (BSTI), a…

BABA

Alibaba

$179.98

3.28 (1.86%)

BSTI

BEST Inc

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  • 20

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FOLD

Amicus

$13.67

-0.21 (-1.51%)

07:42
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09/19
07:42
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Hot Stocks
Amicus granted FDA Fast Track Designation for migalastat »

Amicus Therapeutics…

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RAD

Rite Aid

$2.73

0.1 (3.80%)

07:41
09/19/17
09/19
07:41
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07:41
Initiation
Rite Aid initiated  »

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  • 28

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MDGL

Madrigal Pharmaceuticals

$19.80

0.99 (5.26%)

07:41
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Hot Stocks
Madrigal Pharmaceuticals announces positive outcome from pre-planned DSMB review »

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  • 25

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MDSO

Medidata

$75.85

-0.01 (-0.01%)

07:40
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Initiation
Medidata initiated  »

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  • 25

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ABX

Barrick Gold

$16.92

-0.38 (-2.20%)

07:40
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07:40
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Conference/Events
Barrick Gold management to meet with Deutsche Bank »

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  • 19

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General news
Treasury Market Outlook: yields are a little lower »

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SFTBF

SoftBank

$78.30

0.3501 (0.45%)

07:39
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Periodicals
SoftBank Ventures Korea looks to invest in promising start-ups, CNBC says »

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MCK

McKesson

$148.42

-1.46 (-0.97%)

07:38
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09/19
07:38
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Initiation
McKesson initiated  »

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SUPN

Supernus

$49.65

0.6 (1.22%)

07:37
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07:37
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07:37
Downgrade
Supernus rating change  »

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HSIC

Henry Schein

$80.90

-1.98 (-2.39%)

07:37
09/19/17
09/19
07:37
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07:37
Initiation
Henry Schein initiated  »

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KMX

CarMax

$68.34

0.26 (0.38%)

07:36
09/19/17
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07:36
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Recommendations
CarMax analyst commentary  »

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  • 22

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PTLA

Portola Pharmaceuticals

$56.57

1.62 (2.95%)

07:36
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09/19
07:36
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Periodicals
Portola blood thinner launch could be complicated by guidelines, STAT News says »

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    Feb

CRL

Charles River

$107.29

1.27 (1.20%)

07:35
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07:35
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07:35
Initiation
Charles River initiated  »

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