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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.

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TGT

Target

$60.08

0.05 (0.08%)

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UAL

United Continental

$63.93

-4.06 (-5.97%)

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VRX

Valeant

$12.10

-0.29 (-2.34%)

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BP

BP

$38.81

0.09 (0.23%)

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MON

Monsanto

$121.99

-0.09 (-0.07%)

, AGCO

Agco

$70.84

-0.91 (-1.27%)

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Agco

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  • 31

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FCEL

FuelCell

$2.13

0.09 (4.41%)

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  • 16

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MU

Micron

$41.65

1.26 (3.12%)

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  • 19

    Oct

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NKE

Nike

$52.21

-0.0915 (-0.17%)

, ADDYY

adidas

$112.54

-0.08 (-0.07%)

10:29
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NKE

Nike

$52.21

-0.0915 (-0.17%)

ADDYY

adidas

$112.54

-0.08 (-0.07%)

GRPN

Groupon

$5.00

0.05 (1.01%)

03/08/13
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03/06/13
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03/06/13
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  • 25

    Oct

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    Nov

ULTA

Ulta Beauty

$200.90

2.59 (1.31%)

10:29
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Rumors
Rumor moving shares of Ulta Beauty »

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UAL

United Continental

$64.26

-3.73 (-5.49%)

10:23
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Technical Analysis
Technical View: United Continental falls after results and outlook »

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  • 19

    Oct

MEIP

MEI Pharma

$2.48

0.15 (6.44%)

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VZ

Verizon

$50.08

1.431 (2.94%)

10:20
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Options
Notable ratio spread in Verizon as shares rally on earnings »

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  • 19

    Oct

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$NSD

NASDAQ Market Internals

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$NYE

NYSE Market Internals

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MRK

Merck

$63.76

0.25 (0.39%)

, TEVA

Teva

$14.61

-0.01 (-0.07%)

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Periodicals
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Merck

$63.76

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TEVA

Teva

$14.61

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ADP

ADP

$113.93

0.21 (0.18%)

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  • 22

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GS

Goldman Sachs

$240.07

-1.96 (-0.81%)

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  • 22

    Oct

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EVHC

Envision Healthcare

$40.70

0.05 (0.12%)

10:11
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  • 01

    Nov

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