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PNC

PNC Financial

$127.32

0.85 (0.67%)

07:12
07/14/17
07/14
07:12
07/14/17
07:12

PNC Financial sees Q3 loans up modestly, sequentially

Sees Q3 net interest income up low-single digits; Q3 fee income stable; Q3 non-interest expense stable; Q3 loan loss provision $75M-$125M. All guidance on sequential basis. Guidance from slides presentation.

  • 14

    Jul

PNC PNC Financial
$127.32

0.85 (0.67%)

04/17/17
RAFF
04/17/17
DOWNGRADE
Target $121
RAFF
Hold
PNC Financial downgraded to Hold from Buy at Rafferty Capital
Rafferty Capital analyst Dick Bove downgraded PNC Financial to Hold and lowered his price target to $121 from $138.50 saying bank stock valuations are too high and growth is lacking.
04/17/17
04/17/17
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. McDonald's (MCD) upgraded to Outperform from Market Perform at Wells Fargo analyst Jeff Farmer saying margin and return on invested capital improvement with refranchising activity should drive accelerating multiple expansion into 2018. Further, McDonald's first mover advantage across digital, specifically mobile order and pay, should bring the return of market share gains, the analyst contends. Farmer believes restaurant consumers are "aggressively gravitating toward concepts that offer the greatest level of convenience and control across ordering, payment and distribution." He expects McDonald's to establish a first-mover advantage among the hamburger players in digital. 2. Cummins upgraded to Outperform from Market Perform at Wells Fargo with the firm saying the company's first quarter results could beat expectations and that it could raise its guidance slightly above consensus levels. The firm says that the company's cost reductions and improvements in its end markets should enable its profit to beat expectations. Wells expects the company's 2017 revenue and EBIT margin to exceed the top ends of its current guidance ranges. 3. PNC Financial (PNC) upgraded to Neutral from Underperform at Hilliard Lyons with analyst Andrew Stapp citing valuation. 4. Constellation Brands (STZ) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Judy Hong citing valuation and best-in-class growth. The analyst believes concerns about the recent slowdown in beer sales is overdone and said the company's lower production costs, favorable below-the-line items and share buybacks point to earnings upside potential. 5. Quotient Technology (QUOT) upgraded to Buy from Neutral at BofA/Merrill with the firm noting that no retailer has left the company's Retailer IQ platform after three years and new partners increase the firm's confidence that the platform can keep growing. The firm also sees the company's mobile first approach allowing Quotient to build on its position as the digital coupon distribution leader. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/17/17
04/17/17
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. Eli Lilly (LLY) was downgraded to Equal Weight from Overweight at Morgan Stanley and to Underperform from Market Perform at BMO Capital. 2. Incyte (INCY) downgraded to Neutral from Overweight at Piper Jaffray with analyst Joshua Schimmer citing the complete response letter from the FDA for baricitinib, indicating a need to determine appropriate doses. This setback could take years and lead to approval of only the lower dose, leaving potentially little differentiation from Pfizer's (PFE) rheumatoid arthritis treatment Xeljanz," Schimmer tells investors in a research note. The analyst prefers to wait for a "cleaner entry point" into the shares. 3. KKR (KKR) downgraded to Neutral from Buy at Citi with analyst William Katz saying he views the stock's valuation relative to peers as less attractive at current levels. 4. Monster Beverage (MNST) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Judy Hong saying she expects shares to be range-bound near-term due to soft core Monster sales trends in the US. 5. PNC Financial (PNC) downgraded to Hold from Buy at Rafferty Capital with analyst Richard Bove saying bank stock valuations are too high and growth is lacking. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/17
BARD
07/11/17
NO CHANGE
BARD
Big bank set-up not great, would sell into extended rally, says Baird
Baird analyst David George does not see a great set-up for money-center banks heading into Q2 earnings. He said the trade looks crowded and he would be a seller into an extended rally. George said the risk/reward is less attractive following the sector's most recent rally as economic growth remains muted and the pace of NIM expansion may slow. George believes the biggest potential catalyst would be a gradual steepening of the yield curve and pick-up on loan growth.

TODAY'S FREE FLY STORIES

RIG

Transocean

$10.79

-0.26 (-2.35%)

, BHP

BHP Billiton

$42.42

-0.23 (-0.54%)

16:25
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10/17
16:25
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16:25
Hot Stocks
Transocean awarded $106M contract with BHP subsidiary »

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RIG

Transocean

$10.79

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BHP

BHP Billiton

$42.42

-0.23 (-0.54%)

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  • 02

    Nov

UCFC

United Community Financial

$9.77

-0.18 (-1.81%)

16:21
10/17/17
10/17
16:21
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16:21
Earnings
United Community Financial reports Q3 EPS 15c, consensus 15c »

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HCLP

Hi-Crush Partners

$8.95

0.25 (2.87%)

16:21
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Hot Stocks
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  • 01

    Nov

BBG

Bill Barrett

$4.36

0.15 (3.56%)

16:21
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10/17
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16:21
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Bill Barrett sees cash commodity derivative gain of $7.3M in Q3 »

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  • 01

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CLR

Continental Resources

$37.31

-0.11 (-0.29%)

16:20
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10/17
16:20
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16:20
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Continental Resources sells 1M barrels of Bakken oil for export to China »

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  • 08

    Nov

VIX

Volatility Index S&P 500 Options

16:20
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10/17
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Options
Closing CBOE SPX and VIX Index summary for October 17th »

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MRCY

Mercury Systems

$51.10

-0.61 (-1.18%)

16:19
10/17/17
10/17
16:19
10/17/17
16:19
Hot Stocks
Mercury Systems awarded $4.7M in orders for airborne radio frequency subsystems »

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    Nov

$NSD

NASDAQ Market Internals

16:17
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10/17
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Technical Analysis
NASDAQ market internals summary »

Volume was average for…

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$NYE

NYSE Market Internals

16:16
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10/17
16:16
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Technical Analysis
NYSE market internals summary »

Volume was below average…

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NFLX

Netflix

$199.48

-3.2 (-1.58%)

, UNH

UnitedHealth

$203.92

10.72 (5.55%)

16:15
10/17/17
10/17
16:15
10/17/17
16:15
General news
On The Fly: Top stock stories for Tuesday »

Stocks opened little…

NFLX

Netflix

$199.48

-3.2 (-1.58%)

UNH

UnitedHealth

$203.92

10.72 (5.55%)

JNJ

Johnson & Johnson

$140.75

4.63 (3.40%)

GS

Goldman Sachs

$236.08

-6.335 (-2.61%)

MS

Morgan Stanley

$49.13

0.19 (0.39%)

AET

Aetna

$155.91

4.47 (2.95%)

ANTM

Anthem

$187.29

3.53 (1.92%)

CNC

Centene

$93.78

2.86 (3.15%)

CI

Cigna

$187.20

2.21 (1.19%)

HUM

Humana

$240.54

3.37 (1.42%)

MOH

Molina Healthcare

$61.54

1.675 (2.80%)

WCG

WellCare

$174.06

6.14 (3.66%)

CYH

Community Health

$6.44

0.54 (9.15%)

HCA

HCA Healthcare

$76.81

1.62 (2.15%)

LPNT

LifePoint

$56.20

0.4 (0.72%)

THC

Tenet

$13.59

0.68 (5.27%)

UHS

Universal Health

$108.44

2.84 (2.69%)

HOG

Harley-Davidson

$47.51

0.94 (2.02%)

IONS

Ionis Pharmaceuticals

$63.85

2.7 (4.42%)

FCX

Freeport McMoRan

$14.93

-0.34 (-2.23%)

IPXL

Impax

$19.30

-0.65 (-3.26%)

03/08/13
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  • 17

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  • 27

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  • 31

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  • 02

    Nov

  • 02

    Nov

  • 06

    Nov

  • 08

    Nov

  • 09

    Nov

IBM

IBM

$146.41

-0.39 (-0.27%)

16:14
10/17/17
10/17
16:14
10/17/17
16:14
Hot Stocks
IBM reports Q3 Cognitive solutions revenue $4.4B, up 3% ex-currency »

Reports Q3 Global…

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  • 17

    Oct

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  • 15

    Nov

16:14
10/17/17
10/17
16:14
10/17/17
16:14
General news
Treasury International Capital Foreign Demand for Long-Term U.S. Securities data reported »

August Treasury…

LLESY

Lendlease Group

$14.60

0.026 (0.18%)

16:14
10/17/17
10/17
16:14
10/17/17
16:14
Downgrade
Lendlease Group rating change  »

Lendlease Group…

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IBM

IBM

$146.40

-0.4 (-0.27%)

16:13
10/17/17
10/17
16:13
10/17/17
16:13
Earnings
IBM backs FY17 adjusted EPS view of at least $13.80, consensus $13.75 »

Operating diluted…

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  • 17

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  • 15

    Nov

IBM

IBM

$146.43

-0.37 (-0.25%)

16:13
10/17/17
10/17
16:13
10/17/17
16:13
Hot Stocks
IBM reports Q3 cloud revenues up 20% to $4.1B »

Third-quarter cloud…

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  • 17

    Oct

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  • 15

    Nov

IBM

IBM

$146.45

-0.35 (-0.24%)

16:12
10/17/17
10/17
16:12
10/17/17
16:12
Earnings
IBM reports Q3 adjusted EPS $3.30, consensus $3.28 »

Reports Q3 revenue…

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  • 17

    Oct

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  • 15

    Nov

COTY

Coty

$16.01

-0.82 (-4.87%)

16:12
10/17/17
10/17
16:12
10/17/17
16:12
Initiation
Coty initiated  »

Coty initiated with a…

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NTRS

Northern Trust

$91.10

-0.82 (-0.89%)

16:11
10/17/17
10/17
16:11
10/17/17
16:11
Hot Stocks
Northern Trust CEO Frederick Waddell to step down »

Northern Trust announced…

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  • 18

    Oct

LRCX

Lam Research

$194.55

2.19 (1.14%)

16:10
10/17/17
10/17
16:10
10/17/17
16:10
Earnings
Lam Research sees Q2 EPS $3.65, +/- 12c, consensus $3.33 »

Sees Q2 revenue $2.55B,…

03/08/13
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  • 17

    Oct

CREE

Cree

$29.34

0.06 (0.20%)

16:10
10/17/17
10/17
16:10
10/17/17
16:10
Earnings
Cree sees Q2 adjusted EPS (1c)-4c, consensus 7c »

Sees Q2 revenue…

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  • 17

    Oct

PTX

Pernix Therapeutics

$2.76

-0.05 (-1.78%)

16:10
10/17/17
10/17
16:10
10/17/17
16:10
Hot Stocks
Pernix Therapeutics CFO Graham Miao to resign at the end of the year »

Pernix Therapeutics…

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HUSA

Houston American Energy

$0.43

-0.0128 (-2.88%)

16:09
10/17/17
10/17
16:09
10/17/17
16:09
Syndicate
Breaking Syndicate news story on Houston American Energy »

Houston American Energy…

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SCSS

Select Comfort

$30.38

-0.17 (-0.56%)

16:09
10/17/17
10/17
16:09
10/17/17
16:09
Technical Analysis
Technical View: Select Comfort drops after earnings miss »

In the extended session…

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  • 17

    Oct

MOBL

MobileIron

$3.80

-0.1 (-2.56%)

16:09
10/17/17
10/17
16:09
10/17/17
16:09
Earnings
MobileIron sees Q3 revenue $42M-$43M, consensus $45.22M »

Sees Q3: Gross billings…

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HCSG

Healthcare Services

$54.37

-0.08 (-0.15%)

16:08
10/17/17
10/17
16:08
10/17/17
16:08
Hot Stocks
Healthcare Services increases dividend to 19c per share »

Healthcare Services…

03/08/13
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  • 06

    Nov

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