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BA

Boeing

$196.44

0.99 (0.51%)

, UPS

UPS

$110.59

0.33 (0.30%)

05:57
06/19/17
06/19
05:57
06/19/17
05:57

Boeing, UPS announce agreement for 767 passenger to freighter conversions

Boeing (BA) and UPS (UPS) announced an order at the 2017 Paris Air Show today to convert three 767 passenger airplanes into Boeing Converted Freighters. UPS and Boeing have collaborated on airlift since 1981, when UPS purchased its first 727s to begin its Next Day Air operation, and the transportation giant was Boeing's launch customer for the 767 freighter in 1995. Boeing's current market outlook forecasts a need for 400 widebody conversions over the next two decades, with strong demand for 767 freighter conversions due to a rise in e-commerce and the express market. UPS operates 184 Boeing aircraft. In October, 2016 UPS announced the purchase of 14 747-8 Freighters, with options to purchase 14 additional aircraft.

BA

Boeing

$196.44

0.99 (0.51%)

UPS

UPS

$110.59

0.33 (0.30%)

  • 19

    Jun

  • 07

    Jul

BA Boeing
$196.44

0.99 (0.51%)

05/09/17
UBSW
05/09/17
UPGRADE
Target $63
UBSW
Buy
Spirit AeroSystems upgraded to Buy from Neutral at UBS
UBS analyst David Strauss upgraded Spirit AeroSystems to Buy citing a favorable risk/reward following the recent pullback in the shares. The selloff reflects concerns around Spirit's pricing negotiations with Boeing (BA), Strauss tells investors in a research note. The analyst believes current share levels reflect a 35% decline in legacy 737/777 cash, which is well below his forecast. He his price target for Spirit AeroSystems remains $63.
05/10/17
COWN
05/10/17
NO CHANGE
COWN
Boeing 737 MAX engine issue likely very short-term and correctable, says Cowen
Cowen said the Boeing 737 MAX engine issue appears to be a very short-term "blip" and correctable. The firm's analyst doesn't think its a serious concern because Boeing still expects to deliver the first 737 MAX this month and the engine "problem" is not a design shortfall but what appears to be an easily fixable sub-tier supplier component problem.
05/22/17
LEHM
05/22/17
NO CHANGE
Target $200
LEHM
Overweight
Boeing price target raised to $200 from $190 at Barclays
Barclays analyst Carter Copeland raised his price target for Boeing to $200 saying the company "possesses significant margin expansion potential" in the coming years. Investors are unwilling to believe in Boeing's margin expansion potential, Copeland tells investors in a research note. He keeps an Overweight rating on the shares.
06/05/17
SBSH
06/05/17
NO CHANGE
Target $70
SBSH
Buy
Citi sees path for Spirit AeroSystems hitting $85/share
Spirit AeroSystems (SPR) is trading near its all-time deepest earnings discount versus Boeing (BA) despite Spirit generating better financial results, Citi analyst Jason Gursky tells investors in a research note. While the protracted Boeing negotiation is an overhang, it is already reflected in the multiple, the analyst argues. He highlights Spirit's improving cash flow, balance sheet flexibility, shareholder-friendly cash deployment and new growth opportunities. He sees a path to $85 per share "over time" and reiterates a Buy rating on the shares with a one-year target of $70.
UPS UPS
$110.59

0.33 (0.30%)

03/14/17
WELS
03/14/17
INITIATION
WELS
Market Perform
UPS initiated at Wells Fargo
As noted last night, Wells Fargo started coverage of UPS with a Market Perform rating. Wells says the company's scale gives it "a formidable competitive moat." However, the firm thinks that the company may not be able to significantly boost its results, while the shift towards business to consumer e-commerce will be a "challenge" to its margins and returns, "at least in the intermediate term." Target $110-$115.
04/28/17
ARGS
04/28/17
NO CHANGE
ARGS
UPS weakness creates buying opportunity, says Argus
Argus analyst John Eade notes that UPS' stock has underperfomed the market over the past quarter. He thinks that the company "remains seemingly well positioned to benefit from a number of positive trends, including improving consumer confidence and the continued growth of e-commerce." The analyst keeps a Buy rating on the shares.
06/06/17
GHSC
06/06/17
INITIATION
GHSC
Neutral
UPS initiated with a Neutral at Seaport Global
Seaport Global analyst Kevin Sterling initiated UPS with a Neutral given heavy investments into automation and other initiatives, and Amazon, one of its largest customers, potentially developing its own integrated network, is a wildcard.
06/06/17
06/06/17
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. Hartford Financial (HIG) initiated with a Buy at Deutsche Bank. 2. FedEx (FDX) and UPS (UPS) were initiated with a Neutral at Seaport Global. 3. Gardner Denver (GDI) was initiated with an Outperform at William Blair and Baird, an Overweight at Piper Jaffray, a Buy at Stifel, UBS, and Goldman Sachs, as well as a Neutral at Credit Suisse. 4. Solaris Oilfield (SOI) was initiated with an Outperform at Wells Fargo, Oppenheimer, Evercore ISI, and Credit Suisse, an Overweight at Piper Jaffray, as well as a Buy at Goldman Sachs and Wunderlich. 5. LeMaitre (LMAT) initiated with a Hold at Craig-Hallum. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

14:55
01/22/18
01/22
14:55
01/22/18
14:55
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

PTEN

Patterson-UTI

$24.48

0.6 (2.51%)

14:54
01/22/18
01/22
14:54
01/22/18
14:54
Periodicals
Patterson-UTI confirms responding to fire at Oklahoma rig, FOX23 says »

Patterson-UTI confirmed…

03/08/13
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03/08/13
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03/06/13
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  • 08

    Feb

MRNS

Marinus Pharmaceuticals

$6.83

-0.05 (-0.73%)

14:50
01/22/18
01/22
14:50
01/22/18
14:50
Options
Notable call buying in Marinus Pharmaceuticals as shares see relative strength »

Notable call buying in…

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AMZN

Amazon.com

$1,294.58

1.26 (0.10%)

, XLI

Industrial Select Sector SPDR

$79.45

-0.24 (-0.30%)

14:49
01/22/18
01/22
14:49
01/22/18
14:49
Technical Analysis
Technical Take: S&P 500 moves to new high, levels to watch »

The S&P 500 (SPX) has…

AMZN

Amazon.com

$1,294.58

1.26 (0.10%)

XLI

Industrial Select Sector SPDR

$79.45

-0.24 (-0.30%)

XLB

S&P Select Materials SPDR

$62.93

-0.35 (-0.55%)

XLY

Consumer Discretionary Sector SPDR

$106.28

0.6762 (0.64%)

XLE

Energy Select Sector SPDR

$77.78

1.4 (1.83%)

XLK

Technology Select Sector SPDR

$68.19

0.385 (0.57%)

SPY

SPDR S&P 500 ETF Trust

$281.59

1.181 (0.42%)

SPX

S&P 500

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 01

    Feb

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    Mar

CELG

Celgene

$102.65

0.93 (0.91%)

14:40
01/22/18
01/22
14:40
01/22/18
14:40
Options
Celgene calls outpace puts 3:1 as shares tick modestly higher »

Celgene calls outpace…

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

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  • 22

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    Jan

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    Jan

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    Feb

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    Mar

14:40
01/22/18
01/22
14:40
01/22/18
14:40
General news
Treasury Action: yields have reversed the earlier declines »

Treasury Action: yields…

GENC

Gencor Industries

14:30
01/22/18
01/22
14:30
01/22/18
14:30
Hot Stocks
Royce & Associates reports 7.37% passive stake in Gencor Industries »

In a regulatory filing,…

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

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BPL

Buckeye Partners

$56.18

1.155 (2.10%)

14:30
01/22/18
01/22
14:30
01/22/18
14:30
Options
Bullish option flow in Buckeye Partners as shares rally »

Bullish option flow in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 22

    Jan

  • 09

    Feb

CLVS

Clovis

$56.76

0.89 (1.59%)

14:25
01/22/18
01/22
14:25
01/22/18
14:25
Options
Clovis call volume above normal and directionally bullish »

Bullish option flow…

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

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  • 25

    Jan

  • 08

    Feb

$NSD

NASDAQ Market Internals

14:17
01/22/18
01/22
14:17
01/22/18
14:17
Technical Analysis
NASDAQ 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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$NYE

NYSE Market Internals

14:16
01/22/18
01/22
14:16
01/22/18
14:16
Technical Analysis
NYSE 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
Barclays

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CYBE

Cyberoptics

$17.15

0.45 (2.69%)

14:05
01/22/18
01/22
14:05
01/22/18
14:05
Hot Stocks
Royce & Associates reports 9.64% passive stake in Cyberoptics »

In a regulatory filing,…

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

TechnipFMC

$34.31

0.81 (2.42%)

14:05
01/22/18
01/22
14:05
01/22/18
14:05
Options
FMC Technologies call volume above normal and directionally bullish »

Bullish option flow…

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

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  • 22

    Feb

CTB

Cooper Tire

$39.65

-0.7 (-1.73%)

14:04
01/22/18
01/22
14:04
01/22/18
14:04
Hot Stocks
Royce & Associates reports 5.14% passive stake in Cooper Tire »

In a regulatory filing,…

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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CTG

Computer Task Group

$5.09

0.12 (2.41%)

14:02
01/22/18
01/22
14:02
01/22/18
14:02
Hot Stocks
Breaking Hot Stocks news story on Computer Task Group »

Royce & Associates…

03/08/13
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03/06/13
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03/06/13
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JUNO

Juno Therapeutics

$85.88

18.185 (26.87%)

14:01
01/22/18
01/22
14:01
01/22/18
14:01
Downgrade
Juno Therapeutics rating change  »

Juno Therapeutics…

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

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INGR

Ingredion

$140.05

2.92 (2.13%)

13:47
01/22/18
01/22
13:47
01/22/18
13:47
Hot Stocks
Ingredion promotes Anthony DeLio to SVP, corporate strategy »

Ingredion Incorporated…

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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  • 01

    Feb

ADSK

Autodesk

$115.29

2.74 (2.43%)

13:45
01/22/18
01/22
13:45
01/22/18
13:45
Options
Autodesk call volume above normal and directionally bullish »

Bullish option flow…

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

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GLOB

Globant

$47.41

-0.86 (-1.78%)

13:44
01/22/18
01/22
13:44
01/22/18
13:44
Hot Stocks
Breaking Hot Stocks news story on Globant »

JP Morgan Chase reports…

03/08/13
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  • 15

    Feb

NWSA

News Corp.

$17.22

0.21 (1.23%)

, NWS

News Corp

$17.55

0.15 (0.86%)

13:39
01/22/18
01/22
13:39
01/22/18
13:39
Hot Stocks
News Corp. chairman Murdoch makes case for carriage fee for trusted publishers »

News Corp. (NWSA) issued…

NWSA

News Corp.

$17.22

0.21 (1.23%)

NWS

News Corp

$17.55

0.15 (0.86%)

FB

Facebook

$181.29

1.49 (0.83%)

GOOG

Alphabet

$1,137.51

7.72 (0.68%)

GOOGL

Alphabet Class A

$1,143.50

7.53 (0.66%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Jan

  • 31

    Jan

  • 01

    Feb

  • 01

    Feb

  • 07

    Feb

  • 08

    Feb

  • 28

    Feb

  • 18

    Mar

W

Wayfair

$90.98

3.135 (3.57%)

13:35
01/22/18
01/22
13:35
01/22/18
13:35
Options
Wayfair put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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03/06/13
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  • 22

    Feb

13:35
01/22/18
01/22
13:35
01/22/18
13:35
General news
Treasury Action: yields rebounded towards highs »

Treasury Action: yields…

JNJ

Johnson & Johnson

$147.76

0.4 (0.27%)

, PG

Procter & Gamble

$91.66

0.59 (0.65%)

13:33
01/22/18
01/22
13:33
01/22/18
13:33
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

JNJ

Johnson & Johnson

$147.76

0.4 (0.27%)

PG

Procter & Gamble

$91.66

0.59 (0.65%)

VZ

Verizon

$52.87

0.955 (1.84%)

KMB

Kimberly-Clark

$116.54

1.0536 (0.91%)

TRV

Travelers

$137.87

0.02 (0.01%)

FITB

Fifth Third

$32.50

0.33 (1.03%)

HBAN

Huntington Bancshares

$15.81

0.3 (1.93%)

WAT

Waters

$214.03

3.31 (1.57%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 25

    Jan

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    Feb

  • 13

    Feb

  • 16

    Feb

  • 08

    Mar

NFLX

Netflix

$220.46

0.13 (0.06%)

, AMTD

TD Ameritrade

$55.17

0.21 (0.38%)

13:32
01/22/18
01/22
13:32
01/22/18
13:32
Earnings
Notable companies reporting after market close »

Notable companies…

NFLX

Netflix

$220.46

0.13 (0.06%)

AMTD

TD Ameritrade

$55.17

0.21 (0.38%)

RMD

ResMed

$88.10

-0.58 (-0.65%)

STLD

Steel Dynamics

$46.42

0.16 (0.35%)

ZION

Zions Bancorp

$53.73

0.87 (1.65%)

BRO

Brown & Brown

$52.13

-0.375 (-0.71%)

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

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  • 22

    Jan

  • 22

    Jan

  • 22

    Jan

  • 23

    Jan

  • 23

    Jan

  • 23

    Jan

  • 30

    Jan

  • 16

    Feb

JEC

Jacobs Engineering

$70.29

0.34 (0.49%)

, VMC

Vulcan Materials

$133.37

-1.66 (-1.23%)

13:29
01/22/18
01/22
13:29
01/22/18
13:29
Periodicals
Axios obtains draft of White House infrastructure plan »

Jonathan Swan of Axios…

JEC

Jacobs Engineering

$70.29

0.34 (0.49%)

VMC

Vulcan Materials

$133.37

-1.66 (-1.23%)

PWR

Quanta Services

$39.03

0.04 (0.10%)

EXP

Eagle Materials

$116.71

-0.3099 (-0.26%)

FLR

Fluor

$61.14

0.71 (1.17%)

USCR

U.S. Concrete

$78.90

0.65 (0.83%)

ACM

Aecom

$39.12

-0.09 (-0.23%)

CBI

CB&I

$19.16

0.19 (1.00%)

GVA

Granite Construction

$67.14

-0.5 (-0.74%)

CAT

Caterpillar

$170.34

-0.07 (-0.04%)

MLM

Martin Marietta

$226.08

-0.9 (-0.40%)

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

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  • 25

    Jan

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    Jan

  • 06

    Feb

  • 07

    Feb

  • 20

    Feb

  • 14

    Mar

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