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GE

General Electric

$26.75

-0.03 (-0.11%)

, POST

Post Holdings

$81.48

1.22 (1.52%)

10:34
07/17/17
07/17
10:34
07/17/17
10:34

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. General Electric (GE) resumed with an Equal Weight at Morgan Stanley. 2. Post Holdings (POST) initiated with a Buy at Goldman Sachs. 3. Devon Energy (DVN) assumed with a Neutral at Piper Jaffray. 4. Baker Hughes (BHGE) initiated with a Market Perform at FBR Capital. 5. Altice USA (ATUS) was initiated with an Outperform at RBC Capital, an Overweight at JPMorgan, a Buy at Citi, an Equal Weight at Morgan Stanley and Barclays, as well as a Neutral at BofA/Merrill and Goldman Sachs. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

GE

General Electric

$26.75

-0.03 (-0.11%)

POST

Post Holdings

$81.48

1.22 (1.52%)

DVN

Devon Energy

$31.91

0.26 (0.82%)

BHGE

Baker Hughes

$38.03

0.68 (1.82%)

ATUS

Altice USA

$31.90

0.11 (0.35%)

  • 21

    Jul

  • 02

    Aug

  • 02

    Oct

GE General Electric
$26.75

-0.03 (-0.11%)

07/17/17
MSCO
07/17/17
INITIATION
Target $27
MSCO
Equal Weight
General Electric resumed with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Nigel Coe resumed General Electric with an Equal Weight and a $27 price target saying there are few catalysts with no firm news on strategy and earnings until post Q3.
06/13/17
STFL
06/13/17
NO CHANGE
STFL
New General Electric CEO likely pleases investors, says Stifel
Stifel analyst Robert McCarthy says that investors were probably more pleased with GE's new CEO, John Flannery, than they would have been with either of the other two candidates- GE Power CEO Steve Bolze and CFO Jeff Bornstein. Flannery is viewed as more willing to make major changes than Bolze and is seen as not being as tied to the outgoing CEO as Bornstein, according to McCarthy. The analyst reiterates a $33 price target and a Buy rating on the stock.
06/29/17
STPT
06/29/17
UPGRADE
STPT
Hold
General Electric upgraded to Hold from Sell at Standpoint Research
Standpoint Research analyst Ronnie Moas upgraded General Electric to Hold citing the recent underperformance of the shares. The analyst sees fair value for the shares at $24 and thinks the stock will reach that level in a market correction.
06/29/17
06/29/17
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. Groupon (GRPN) upgraded to Buy from Neutral at B. Riley with analyst Sameet Sinha saying he expects increased marketing spend to balance profitability and new customer growth. 2. General Electric (GE) upgraded to Hold from Sell at Standpoint Research with analyst Ronnie Moas citing the recent underperformance of the shares. The analyst sees fair value for the shares at $24 and thinks the stock will reach that level in a market correction. 3. Icon (ICLR) upgraded to Buy from Hold at Jefferies with analyst David Windley saying the shares continue to trade at a group discount. 4. Provident Financial (PFS) upgraded to Buy from Hold at Sandler O'Neill with analyst Mark Fitzgibbon citing year-to-date underperformance saying valuation is attractive. 5. Chart Industries (GTLS) upgraded to Buy from Hold at Johnson Rice. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
POST Post Holdings
$81.48

1.22 (1.52%)

05/09/17
PIVT
05/09/17
NO CHANGE
PIVT
Post Holdings shares should be up, says Pivotal Research
Pivotal Research analyst Timothy Ramey said the Street has it worn, and shares of Post Holdings should be up today. The analyst said he doesn't have the Weetabix deal in his estimate, but once he does, it will add to FY18 EBITDA, with not increase in interest expense, and costs nothing incrementally. Ramey said Post Holdings shares are "a table-pounding buy" and reiterates his Buy rating and $105 price target.
05/10/17
RHCO
05/10/17
NO CHANGE
RHCO
Post Holdings stock decline 'surprising,' says SunTrust
After Post's stock fell 5.5% in the wake of its results yesterday, SunTrust analyst William B. Chappell, Jr. calls the results "surprising." The analyst says that the results were "in-line" and "fairly straightforward." He still expects the company to meet the high end of its guidance, driven by "synergies from the Consumer Brands segment and outperformance of the Active Nutrition business." He thinks that the company's egg comparisons should improve, and he thinks that the decline in the stock has created an attractive entry point.
06/13/17
MAXM
06/13/17
NO CHANGE
Target $80
MAXM
Buy
Bob Evans price target raised to $80 from $74 at Maxim
Maxim analyst Stephen Anderson raised his EPS estimates for Bob Evans (BOBE) to reflect easier commodity costs and contends that rising multiples among the company's direct peers - including Conagra (CAG), Hormel (HRL), Kraft Heinz (KHC), Pinnacle (PF), and Post (POST) - hints at the potential for accelerated industry consolidation. As previously reported, Anderson views Bob Evans as a target for a possible takeover and he keeps a Buy rating on the shares.
07/17/17
GSCO
07/17/17
INITIATION
Target $105
GSCO
Buy
Post Holdings initiated with a Buy at Goldman Sachs
Goldman analyst Jason English reinstated Post Holdings with a Buy and a $105 price target saying potential growth is compelling in the context of a growth backdrop for the industry and expects firming egg prices to continue.
DVN Devon Energy
$31.91

0.26 (0.82%)

04/13/17
STFL
04/13/17
INITIATION
STFL
Buy
Devon Energy initiated on intriguing sum of parts valuation at Stifel
As noted earlier, Stifel analyst Derrick Whitfield started coverage of Devon with a $73 price target and a Buy rating. The analyst is "very bullish" on the company's core assets and is "intrigued" by its sum of the parts valuation, as he believes that its stock can rise more than all but one one of its large cap peers.
07/17/17
PIPR
07/17/17
INITIATION
Target $48
PIPR
Neutral
Devon Energy assumed with a Neutral at Piper Jaffray
Piper Jaffray analyst David Kistler assumed coverage of Devon Energy with a Neutral rating and $48 price target.
06/21/17
GHSC
06/21/17
DOWNGRADE
GHSC
Devon Energy downgraded Neutral at Seaport Global
06/06/17
STFL
06/06/17
NO CHANGE
STFL
Devon Energy named near-term top pick at Stifel
Stifel analyst Derrick Whitfield,says he is "very bullish on Devon's core assets in the Anadarko and Delaware." The analyst thinks that the company's valuation multiple can increase more than that of any of its "bellwether peers," and he contends that the stock is "oversold on both fundamental and technical measures." Whitfield calls Devon a near-term top pick and reiterates a $74 price target and Buy rating.
BHGE Baker Hughes
$38.03

0.68 (1.82%)

07/17/17
MSCO
07/17/17
INITIATION
Target $60
MSCO
Overweight
Baker Hughes resumed with an Overweight at Morgan Stanley
Morgan Stanley analyst Ole Slorer resumed coverage on Baker Hughes with an Overweight and a $60 price target saying its integrated offering has the potential to expand opportunities and management should be able to enhance margins through utilizing GE's global manufacturing footprint.
07/17/17
FBRC
07/17/17
INITIATION
Target $42
FBRC
Market Perform
Baker Hughes initiated with a Market Perform at FBR Capital
FBR Capital analyst Thomas Curran started Baker Hughes with a Market Perform rating and $42 price target.
ATUS Altice USA
$31.90

0.11 (0.35%)

07/17/17
BOFA
07/17/17
INITIATION
Target $36
BOFA
Neutral
Altice USA initiated with a Neutral at BofA/Merrill
BofA/Merrill analyst Jessica Reif Cohen initiated Altice USA with a Neutral and a $36 price target saying shares trade at a premium to peers.
07/17/17
MSCO
07/17/17
INITIATION
Target $31
MSCO
Equal Weight
Altice USA initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne initiated Altice USA with an Equal Weight and a $31 price target given premium valuation.
07/17/17
SBSH
07/17/17
INITIATION
Target $44
SBSH
Buy
Altice USA initiated with a Buy at Citi
Citi analyst Jason Bazinet started Altice USA with a Buy rating and $44 price target. The company has "ample room" to grow free cash flow as it realizes $1.15B in cost savings by 2018, the analyst contends.
07/17/17
RBCM
07/17/17
INITIATION
RBCM
Outperform
Altice USA initiated with an Outperform at RBC Capital
RBC Capital analyst Jonathan Atkin expects Altice to benefit from cost reductions, obtaining higher tiered customers, and achieving platform and product improvements,Target $40.

TODAY'S FREE FLY STORIES

ACRS

Aclaris Therapeutics

$29.18

-0.46 (-1.55%)

04:55
07/28/17
07/28
04:55
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04:55
Conference/Events
Aclaris Therapeutics management to meet with Jefferies »

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  • 28

    Jul

04:55
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General news
Breaking General news story  »

Week of 7/28 Baker-Hughes…

04:55
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General news
Consumer Sentiment Index to be reported at 10:00 »

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JAGX

Jaguar Animal Health

$0.66

-0.0175 (-2.58%)

04:55
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07/28
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04:55
Conference/Events
Jaguar Animal Health to hold a conference call »

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  • 28

    Jul

04:55
07/28/17
07/28
04:55
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04:55
General news
GDP price index to be reported at 08:30 »

GDP price index will be…

CALM

Cal-Maine Foods

$38.05

0.55 (1.47%)

04:55
07/28/17
07/28
04:55
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04:55
Conference/Events
Cal-Maine Foods participates in a conference call with Stephens »

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  • 28

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04:55
07/28/17
07/28
04:55
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04:55
General news
Real GDP to be reported at 08:30 »

Real GDP will be reported…

BAESY

BAE Systems

$32.23

0.145 (0.45%)

, IBM

IBM

$145.07

-0.29 (-0.20%)

04:55
07/28/17
07/28
04:55
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04:55
Conference/Events
RSA Security to hold a conference »

RSA Security Conference…

BAESY

BAE Systems

$32.23

0.145 (0.45%)

IBM

IBM

$145.07

-0.29 (-0.20%)

CTL

CenturyLink

$23.60

0.74 (3.24%)

03/08/13
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03/08/13
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03/06/13
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  • 02

    Aug

  • 08

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04:55
07/28/17
07/28
04:55
07/28/17
04:55
General news
Breaking General news story  »

Minneapolis Federal…

04:55
07/28/17
07/28
04:55
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04:55
General news
Employment Cost Index ECI to be reported at 08:30 »

Employment Cost Index ECI…

03:35
07/28/17
07/28
03:35
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03:35
General news
FX Action: USD-CAD steady after posting its biggest one-day gain »

FX Action: USD-CAD steady…

01:40
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07/28
01:40
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01:40
General news
FX Update: The Swiss franc tumbled for a four straight session »

FX Update: The Swiss…

TOO

Teekay Offshore Partners

$2.55

-0.03 (-1.16%)

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

Teekay Offshore…

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03/08/13
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03/06/13
Citigroup
03/06/13
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QEP

QEP Resources

$7.93

-1.34 (-14.46%)

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

QEP Resources downgraded…

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

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  • 27

    Jul

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    Aug

RDFN

Redfin

20:26
07/27/17
07/27
20:26
07/27/17
20:26
Syndicate
Redfin 9.231M share IPO priced at $15.00 »

The deal range is…

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  • 27

    Jul

  • 28

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

Notable companies…

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%)

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

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  • 28

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  • 07

    Aug

  • 28

    Aug

  • 22

    Sep

TTPH

Tetraphase

$6.96

-0.92 (-11.68%)

20:22
07/27/17
07/27
20:22
07/27/17
20:22
Syndicate
Tetraphase 10M share Secondary priced at $6.50 »

Piper Jaffray, BMO…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 28

    Jul

BVN

Buenaventura

$12.45

0.1 (0.81%)

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

Reports Q2 revenue…

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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BAS

Basic Energy

$28.67

0.06 (0.21%)

19:02
07/27/17
07/27
19:02
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19:02
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
07/27/17
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19:01
Earnings
Basic Energy reports Q2 adjusted EPS (57c), consensus (55c) »

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  • 28

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  • 14

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GE

General Electric

$25.79

0.2 (0.78%)

18:55
07/27/17
07/27
18:55
07/27/17
18:55
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
07/27
18:53
07/27/17
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Earnings
Aimco reports Q2 AFFO 51c vs 50c last year »

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03/06/13
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  • 28

    Jul

NOV

National Oilwell

$33.71

0.37 (1.11%)

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

Reports Q2 revenue…

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03/06/13
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03/06/13
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  • 28

    Jul

  • 29

    Aug

AIG

AIG

$65.17

-0.02 (-0.03%)

, IEP

Icahn Enterprises

$53.12

-0.78 (-1.45%)

18:39
07/27/17
07/27
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07/27/17
18:39
Periodicals
Senators worried over whether Icahn is pushing regulators on AIG, Reuters says »

U.S. Democratic Senators…

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
Wedge Partners
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03/06/13
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03/06/13
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  • 03

    Aug

  • 03

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  • 27

    Sep

HTBK

Heritage Commerce

$13.85

-0.14 (-1.00%)

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

Reports Q2 NII $24.9M,…

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

    Aug

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