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MDSO

Medidata

$75.76

-2.66 (-3.39%)

, PVTB

PrivateBancorp

$60.58

-0.34 (-0.56%)

17:19
06/20/17
06/20
17:19
06/20/17
17:19

Medidata to replace PrivateBancorp in S&P 400 at open on 6/26

Canadian Imperial Bank of Commerce is acquiring PrivateBancorpin a deal expected to be completed on June 23.

MDSO

Medidata

$75.76

-2.66 (-3.39%)

PVTB

PrivateBancorp

$60.58

-0.34 (-0.56%)

  • 28

    Jun

  • 29

    Jun

  • 11

    Jul

MDSO Medidata
$75.76

-2.66 (-3.39%)

06/12/17
KEYB
06/12/17
NO CHANGE
KEYB
Medidata to benefit from growth of risk-based monitoring, says KeyBanc
KeyBanc says that industry guidelines recently adopted by the EU should be a catalyst for risk-based monitoring technologies, or RBM. The firm says that Medidiata is the HCT it covers which is most exposed to RBM. It thinks that the company's revenue from RBM has reached a $50M annual run rate, while further adoption of RBM should accelerate adoption of its other SaaS tools. KeyBanc raised its price target on the stock to $84 from $83 and keeps an Overweight rating on the shares.
06/06/17
BOFA
06/06/17
INITIATION
Target $85
BOFA
Buy
Medidata initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Steven Valiquette initiated Medidata Solutions with a Buy and an $85 price target saying it has established itself as a lading provider of cloud-based clinical trial data capture with robust growth.
05/01/17
JEFF
05/01/17
UPGRADE
Target $63
JEFF
Hold
Medidata upgraded to Hold from Underperform at Jefferies
Jefferies analyst David Windley upgraded Medidata Solutions to Hold citing increased confidence in the company's growth targets. Channel checks suggest competitive displacements and increasing deal size should drive sustained high-teens to 20% revenue growth, the analyst contends. He raised his price target for the shares to $63 from $47.
04/27/17
NEED
04/27/17
NO CHANGE
Target $75
NEED
Buy
Medidata price target raised to $75 from $65 at Needham
Needham analyst Scott Berg raised his price target for Medidata to $75 from $65 after the company reported what he believes to be its strongest quarter in several years, hitting a trifecta of sustained over 20% revenue growth, margin leverage, and bookings commentary above expectations. The analyst reiterates a Buy rating on the shares.
PVTB PrivateBancorp
$60.58

-0.34 (-0.56%)

05/30/17
KBWI
05/30/17
DOWNGRADE
Target $63
KBWI
Market Perform
PrivateBancorp downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Christopher McGratty downgraded PrivateBancorp to Market Perform citing the pending takeover by CIBC. The analyst has a $63 price target for the shares.
03/31/17
BARD
03/31/17
NO CHANGE
Target $61
BARD
Neutral
CIBC raised offer should seal PrivateBancorp deal, says Baird
Baird analyst David George believes CIBC's (CM) increased bid for PrivateBancorp (PVTB) should satisfy investor objections to prior terms and makes shareholder approval likely. He increased his price target on PrivateBancorp to $61 from $55 and keeps a Neutral rating on the shares. Industry consolidation should pick up over time, but George noted he does not expect a near-term increase in larger regional bank M&A.
03/27/17
KBWI
03/27/17
UPGRADE
Target $63
KBWI
Outperform
PrivateBancorp upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Christopher McGratty upgraded PrivateBancorp to Outperform and raised his price target for the shares to $63 from $54.
06/30/16
06/30/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. Diamond Resorts (DRII) downgraded to Neutral from Buy at Goldman by analyst Steven Kent after the company agreed to be acquired by Apollo Global Management (APO) for $30.25 per share. The analyst keeps his price target of $32 for the shares. MKM Partners also downgraded Diamond Resorts to Neutral from Buy. 2. Qualcomm (QCOM) downgraded to Market Perform from Outperform by Bernstein, which kept a $55 target on the stock. The firm thinks that estimates for the company's September quarter remain too high, due to unrealistic licensing expectations. Bernstein adds that the company has long-term "structural issues." 3. TESARO (TSRO) downgraded to Hold from Buy at Jefferies by analyst Eun Yang, citing yesterday's rally on the company's positive Phase 3 data for niraparib in ovarian cancer. The data were better than expected, but so was the stock move, Yang tells investors in a research note. The analyst prefers a Hold rating ahead of the full data set as well as competitor data in the second half of 2016 and 2017. She lists a potential takeout and competitor data not being as good as niraparib as risks to her downgrade. Yang raised her price target for TESARO shares to $75 from $53.4. PrivateBancorp (PVTB) downgraded to Market Perform from Outperform at Keefe Bruyette by analyst David Long following the acquisition by CIBC (CM) saying he does not expected a competing bid to come to the table. PrivateBancorp was also downgraded to Market Perform from Outperform at Keefe Bruyette. 5. Spirit AeroSystems (SPR) downgraded to Market Perform from Outperform at Wells Fargo by analyst Sam Pearlstein, saying a charge for the A350 could make multiple expansion difficult. Spirit could be close to finishing a revised A350 pricing agreement that, when completed, could trigger a reach-forward loss accrual of around $200M, Pearlstein says. The analyst lowered his price target range for the shares to $50-$55 from $55-$60.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

KMDA

Kamada

$7.50

-0.05 (-0.66%)

07:55
06/22/17
06/22
07:55
06/22/17
07:55
Technical Analysis
Technical View: Kamada dives after withdrawing MAA for AAT therapy with EMA »

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  • 29

    Aug

NEP

NextEra Energy Partners

$35.11

0.03 (0.09%)

, NEE

NextEra Energy

$141.06

-0.9 (-0.63%)

07:55
06/22/17
06/22
07:55
06/22/17
07:55
Conference/Events
NextEra Energy and NextEra Energy Partners to hold an investor meeting »

Investor Meeting to be…

NEP

NextEra Energy Partners

$35.11

0.03 (0.09%)

NEE

NextEra Energy

$141.06

-0.9 (-0.63%)

03/08/13
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03/06/13
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03/06/13
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  • 22

    Jun

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    Jun

LLY

Eli Lilly

$82.64

-0.11 (-0.13%)

07:55
06/22/17
06/22
07:55
06/22/17
07:55
Conference/Events
FDA Pediatric Oncology Subcommittee of Oncologic Drugs Committee holds a meeting »

The Pediatric Oncology…

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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  • 22

    Jun

SPLS

Staples

$8.66

-0.09 (-1.03%)

07:52
06/22/17
06/22
07:52
06/22/17
07:52
Recommendations
Staples analyst commentary  »

Staples LBO could work in…

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TSM

TSMC

$36.71

0.58 (1.61%)

, QCOM

Qualcomm

$56.33

-0.46 (-0.81%)

07:51
06/22/17
06/22
07:51
06/22/17
07:51
Periodicals
TSMC receives 7nm chip orders from Qualcomm, DigiTimes reports »

TSMC (TSM) has secured…

TSM

TSMC

$36.71

0.58 (1.61%)

QCOM

Qualcomm

$56.33

-0.46 (-0.81%)

SSNLF

Samsung

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

Otonomy

$17.50

1.45 (9.03%)

07:50
06/22/17
06/22
07:50
06/22/17
07:50
Hot Stocks
Otonomy announces successful end-of-Phase 2 review by FDA for Otiprio »

Otonomy announced that it…

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SCS

Steelcase

$16.30

-0.2 (-1.21%)

07:50
06/22/17
06/22
07:50
06/22/17
07:50
Technical Analysis
Technical View: Steelcase drops sharply after earnings and outlook »

The stock was last down…

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03/06/13
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  • 22

    Jun

TRGP

Targa Resources

$40.68

-0.73 (-1.76%)

07:49
06/22/17
06/22
07:49
06/22/17
07:49
Recommendations
Targa Resources analyst commentary  »

Targa Resources guidance…

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07:47
06/22/17
06/22
07:47
06/22/17
07:47
General news
Futures slightly higher ahead of claims data »

Stock futures are trading…

DHI

D.R. Horton

$33.97

-0.2 (-0.59%)

, FOR

Forestar Group

$16.30

-0.1 (-0.61%)

07:45
06/22/17
06/22
07:45
06/22/17
07:45
Hot Stocks
D.R. Horton reiterates proposal to acquire 75% of Forestar Group »

D.R. Horton (DHI) said…

DHI

D.R. Horton

$33.97

-0.2 (-0.59%)

FOR

Forestar Group

$16.30

-0.1 (-0.61%)

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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EPC

Edgewell Personal Care

$75.05

-0.67 (-0.88%)

07:45
06/22/17
06/22
07:45
06/22/17
07:45
Upgrade
Edgewell Personal Care rating change  »

Edgewell Personal Care…

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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LITE

Lumentum

$62.50

0.05 (0.08%)

07:44
06/22/17
06/22
07:44
06/22/17
07:44
Recommendations
Lumentum analyst commentary  »

Lumentum price target…

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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  • 22

    Jun

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    Jun

PRIM

Primoris

$23.84

-0.77 (-3.13%)

07:42
06/22/17
06/22
07:42
06/22/17
07:42
Hot Stocks
Primoris announces new pipeline construction awards valued at about $53M »

Primoris Services…

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03/06/13
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SRSC

Sears Canada

$0.47

-0.115 (-19.69%)

07:42
06/22/17
06/22
07:42
06/22/17
07:42
Hot Stocks
Breaking Hot Stocks news story on Sears Canada »

Sears Canada trading…

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03/06/13
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ORCL

Oracle

$46.33

0.48 (1.05%)

07:41
06/22/17
06/22
07:41
06/22/17
07:41
Technical Analysis
Technical View: Oracle sharply higher after earnings, analyst actions »

The stock was last up…

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  • 28

    Jun

FCX

Freeport McMoRan

$11.21

-0.03 (-0.27%)

07:40
06/22/17
06/22
07:40
06/22/17
07:40
Periodicals
Freeport Indonesia says Grasberg operations normal despite strike, Reuters says »

Operations at…

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CLVS

Clovis

$94.29

5.61 (6.33%)

07:38
06/22/17
06/22
07:38
06/22/17
07:38
Recommendations
Clovis analyst commentary  »

Clovis price target…

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  • 21

    Jun

FL

Foot Locker

$47.82

-2.51 (-4.99%)

, NKE

Nike

$52.59

1.03 (2.00%)

07:38
06/22/17
06/22
07:38
06/22/17
07:38
Recommendations
Foot Locker, Nike, Amazon.com analyst commentary  »

Foot Locker remains a key…

FL

Foot Locker

$47.82

-2.51 (-4.99%)

NKE

Nike

$52.59

1.03 (2.00%)

AMZN

Amazon.com

$1,002.23

9.64 (0.97%)

03/08/13
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03/06/13
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03/06/13
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  • 28

    Jun

  • 29

    Jun

BA

Boeing

$199.17

0.84 (0.42%)

07:37
06/22/17
06/22
07:37
06/22/17
07:37
Hot Stocks
Boeing: Customers announced orders, commitments for 571 airplanes at Paris show »

Boeing made several…

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AQMS

Aqua Metals

$11.95

-0.36 (-2.92%)

07:36
06/22/17
06/22
07:36
06/22/17
07:36
Initiation
Aqua Metals initiated  »

Aqua Metals initiated…

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VLO

Valero

07:36
06/22/17
06/22
07:36
06/22/17
07:36
Upgrade
Valero rating change  »

Valero upgraded to Buy…

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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  • 26

    Jun

  • 27

    Jul

TWTR

Twitter

$17.78

0.87 (5.14%)

, CHK

Chesapeake

$4.52

-0.39 (-7.94%)

07:35
06/22/17
06/22
07:35
06/22/17
07:35
Options
Unusual call flow in option market yesterday »

Notable call activity was…

TWTR

Twitter

$17.78

0.87 (5.14%)

CHK

Chesapeake

$4.52

-0.39 (-7.94%)

NKE

Nike

$52.59

1.03 (2.00%)

ORCL

Oracle

$46.33

0.49 (1.07%)

PFE

Pfizer

$33.88

0.32 (0.95%)

HAL

Halliburton

$42.23

-1.17 (-2.70%)

MAT

Mattel

$19.99

-0.03 (-0.15%)

WPX

WPX Energy

$8.71

-0.56 (-6.04%)

FMSA

Fairmount Santrol

$3.48

-0.27 (-7.20%)

OTIC

Otonomy

$17.50

1.45 (9.03%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 22

    Jun

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    Jun

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    Jul

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    Jul

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    Jul

  • 02

    Aug

  • 27

    Aug

ADS

Alliance Data

$258.94

0.84 (0.33%)

, VOLVY

Volvo

07:34
06/22/17
06/22
07:34
06/22/17
07:34
Hot Stocks
Alliance Data selected by Volvo for expansion of marketing programs »

Alliance Data (ADS)…

ADS

Alliance Data

$258.94

0.84 (0.33%)

VOLVY

Volvo

03/08/13
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  • 20

    Jul

DERM

Dermira

$30.41

0.77 (2.60%)

07:33
06/22/17
06/22
07:33
06/22/17
07:33
Initiation
Dermira initiated  »

Dermira initiated with an…

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WAT

Waters

$185.43

1.15 (0.62%)

, SHPG

Shire

$170.75

3.49 (2.09%)

07:31
06/22/17
06/22
07:31
06/22/17
07:31
Hot Stocks
Waters names Shire CEO Flemming Ornskov to board of directors »

Waters Corporation (WAT)…

WAT

Waters

$185.43

1.15 (0.62%)

SHPG

Shire

$170.75

3.49 (2.09%)

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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  • 26

    Jun

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