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CATM

Cardtronics

$32.19

-0.48 (-1.47%)

, RAD

Rite Aid

$2.34

-0.03 (-1.27%)

07:32
07/11/17
07/11
07:32
07/11/17
07:32

Cardtronics subsidiary adds Rite Aid pharmacies to network

Allpoint announced the addition of select Rite Aid Pharmacy (RAD) store locations in the Northeast, Mid-Atlantic and Midwest regions. Allpoint Network is a wholly-owned subsidiary of Cardtronics (CATM).

CATM

Cardtronics

$32.19

-0.48 (-1.47%)

RAD

Rite Aid

$2.34

-0.03 (-1.27%)

  • 02

    Aug

CATM Cardtronics
$32.19

-0.48 (-1.47%)

07/07/17
BOFA
07/07/17
NO CHANGE
Target $40
BOFA
Neutral
Cardtronics price target cut to $40 from $48 at BofA/Merrill
BofA/Merrill analyst David Ridley-Lane lowered Cardtronics price target to $40 from $48 and reduced estimates on weaker Q2 ATM transaction trends and higher investment spending. The analyst has a Neutral rating on Cardtronics shares.
06/22/17
RHCO
06/22/17
NO CHANGE
RHCO
Cardtronics should be bought on weakness, says SunTrust
SunTrust analyst Andrew Jeffrey recommends buying Cardtronics on weakness. The analyst thinks that the company remains well-positioned to take share in the ATM market, and he thinks that it is facing near-term headwinds, not structural weaknesses.
06/19/17
LSCM
06/19/17
INITIATION
Target $46
LSCM
Buy
Cardtronics initiated with a Buy at Lake Street
Lake Street analyst Josh Elving started Cardtronics with a Buy rating and $46 price target. The recent share selloff has created an attractive entry point, the analyst contends. He views the company as an "important player in the new age of financial services."
11/16/16
WELS
11/16/16
DOWNGRADE
WELS
Market Perform
Cardtronics downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Timothy Willi downgraded Cardtronics to Market Perform saying the stock is now fully valued. The company has been able to "largely plug the gap" left by 7-Eleven contract, Willi tells investors in a research note. He believes, however, that the "optics" of Cardtronics' revenue and earnings growth will be impacted over the next 18-24 months as the 7-Eleven contract rolls off. The analyst keeps a $54-$56 price target range for the shares.
RAD Rite Aid
$2.34

-0.03 (-1.27%)

07/07/17
LEER
07/07/17
NO CHANGE
Target $86
LEER
Outperform
Leerink 'more cautious' on Walgreens, not sure Rite Aid deal gets approved
Leerink analyst David Larsen is "incrementally more cautious" on shares of Walgreens Boots Alliance (WBA) after analyzing the new Rite Aid (RAD) deal. He lowered his price target for the shares to $86 from $90 but keeps an Outperform rating on the name. Walgreens reported low earnings quality this quarter and has been "plagued by constant reimbursement pressure and competitive forces" in the Retail Division, Larsen tells investors in a research note. He adds that while the new Rite Aid deal is structured in a "favorable manner," he's not convinced the FTC will allow the transaction to go through. Larsen believes, however, that sentiment is already fairly negative on the stock.
06/30/17
06/30/17
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. Rite Aid (RAD) reinstated with an Underperform at Evercore ISI. 2. Hill-Rom (HRC) initiated with a Buy at Needham and Neutral at Cantor. 3. Dermira (DERM) initiated with an Outperform at Evercore ISI. 4. Coach (COH) initiated with a Buy at Canaccord. 5. WWE (WWE) initiated with an Equal Weight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/30/17
EVER
06/30/17
INITIATION
EVER
Underperform
Rite Aid reinstated with an Underperform at Evercore ISI
Evercore ISI analyst Ross Muken reinstated Rite Aid with an Underperform rating, versus In-Line previously, to reflect threats from online competition, structural challenges at the back-end of pharmacy given network positioning, and limited strategic options. The analyst sees downside near-term to $2.00-$2.50 per share.
06/30/17
COWN
06/30/17
NO CHANGE
Target $5
COWN
Outperform
Rite Aid better positioned following new agreement, says Cowen
Cowen analyst Charles Ryhee said he is positive on the new Rite Aid (RAD) agreement with Walgreens (WBA) as it better positions the company than had it remained stand-alone with no deal at all. Benefits include deleveraging, lower generic procurement costs, increased financial flexibility and "great" leverage toward PBM, which is growing faster than retail. Ryhee reiterated his Outperform rating and $4.70 price target on Rite Aid shares.

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ACRS

Aclaris Therapeutics

$29.18

-0.46 (-1.55%)

04:55
07/28/17
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04:55
Conference/Events
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JAGX

Jaguar Animal Health

$0.66

-0.0175 (-2.58%)

04:55
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Conference/Events
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GDP price index to be reported at 08:30 »

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CALM

Cal-Maine Foods

$38.05

0.55 (1.47%)

04:55
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04:55
Conference/Events
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04:55
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General news
Real GDP to be reported at 08:30 »

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BAESY

BAE Systems

$32.23

0.145 (0.45%)

, IBM

IBM

$145.07

-0.29 (-0.20%)

04:55
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IBM

IBM

$145.07

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CTL

CenturyLink

$23.60

0.74 (3.24%)

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Breaking General news story  »

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General news
Employment Cost Index ECI to be reported at 08:30 »

Employment Cost Index ECI…

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General news
FX Action: USD-CAD steady after posting its biggest one-day gain »

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FX Update: The Swiss franc tumbled for a four straight session »

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TOO

Teekay Offshore Partners

$2.55

-0.03 (-1.16%)

20:27
07/27/17
07/27
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20:27
Downgrade
Teekay Offshore Partners rating change at Raymond James »

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QEP

QEP Resources

$7.93

-1.34 (-14.46%)

20:26
07/27/17
07/27
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20:26
Downgrade
QEP Resources rating change at JPMorgan »

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  • 27

    Jul

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RDFN

Redfin

20:26
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Syndicate
Redfin 9.231M share IPO priced at $15.00 »

The deal range is…

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  • 27

    Jul

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    Jul

XOM

Exxon Mobil

$80.83

0.46 (0.57%)

, CVX

Chevron

$106.11

0.99 (0.94%)

20:25
07/27/17
07/27
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Earnings
Notable companies reporting before tomorrow's open »

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XOM

Exxon Mobil

$80.83

0.46 (0.57%)

CVX

Chevron

$106.11

0.99 (0.94%)

MRK

Merck

$63.69

1.89 (3.06%)

ABBV

AbbVie

$71.73

-0.86 (-1.18%)

AAL

American Airlines

$50.00

-1.01 (-1.98%)

COL

Rockwell Collins

$109.02

-0.53 (-0.48%)

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  • 28

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TTPH

Tetraphase

$6.96

-0.92 (-11.68%)

20:22
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07/27
20:22
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20:22
Syndicate
Tetraphase 10M share Secondary priced at $6.50 »

Piper Jaffray, BMO…

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  • 28

    Jul

BVN

Buenaventura

$12.45

0.1 (0.81%)

19:26
07/27/17
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Earnings
Buenaventura reports Q2 EPS (2c), may not compare to consensus 26c »

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BAS

Basic Energy

$28.67

0.06 (0.21%)

19:02
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Hot Stocks
Breaking Hot Stocks news story on Basic Energy »

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  • 28

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  • 14

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BAS

Basic Energy

$28.67

0.06 (0.21%)

19:01
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Earnings
Basic Energy reports Q2 adjusted EPS (57c), consensus (55c) »

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  • 28

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GE

General Electric

$25.79

0.2 (0.78%)

18:55
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Periodicals
Breaking Periodicals news story on General Electric »

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  • 02

    Oct

AIV

Aimco

$44.01

0.13 (0.30%)

18:53
07/27/17
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Earnings
Aimco reports Q2 AFFO 51c vs 50c last year »

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  • 28

    Jul

NOV

National Oilwell

$33.71

0.37 (1.11%)

18:43
07/27/17
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Earnings
National Oilwell reports Q2 adjusted EPS (14c), consensus (15c) »

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  • 28

    Jul

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    Aug

AIG

AIG

$65.17

-0.02 (-0.03%)

, IEP

Icahn Enterprises

$53.12

-0.78 (-1.45%)

18:39
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Periodicals
Senators worried over whether Icahn is pushing regulators on AIG, Reuters says »

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AIG

AIG

$65.17

-0.02 (-0.03%)

IEP

Icahn Enterprises

$53.12

-0.78 (-1.45%)

PRU

Prudential

$112.74

0.55 (0.49%)

03/08/13
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  • 03

    Aug

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  • 27

    Sep

HTBK

Heritage Commerce

$13.85

-0.14 (-1.00%)

18:24
07/27/17
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Earnings
Heritage Commerce reports Q2 EPS 19c, consensus 19c »

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  • 01

    Aug

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