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MCD

McDonald's

$155.26

-0.02 (-0.01%)

, SHLD

Sears

$9.04

0.98 (12.16%)

07:30
07/18/17
07/18
07:30
07/18/17
07:30

Unusual put flow in option market yesterday

Notable put activity was cited Monday in McDonald's (MCD), Sears (SHLD), CH Robinson Worldwide (CHRW), Hovnanian (HOV), and Iconix Brand (ICON).

MCD

McDonald's

$155.26

-0.02 (-0.01%)

SHLD

Sears

$9.04

0.98 (12.16%)

CHRW

C.H. Robinson

$68.89

-0.57 (-0.82%)

HOV

Hovnanian

$2.51

0.06 (2.45%)

ICON

Iconix Brand

$6.68

0.12 (1.83%)

  • 20

    Jul

  • 25

    Sep

MCD McDonald's
$155.26

-0.02 (-0.01%)

07/10/17
DBAB
07/10/17
NO CHANGE
Target $175
DBAB
Buy
McDonald's price target raised to $175 from $155 at Deutsche Bank
Deutsche Bank analyst Brett Levy raised his price targets in the Restaurants space to reflect full-year 2018 estimates. He upped his price target for McDonald's (MCD) to $175 from $155 and for Ruth's Hospitality (RUTH) to $24 from $22.50. Both stocks remain Buy rated. The analyst also upped his price target for Sell-rated Chipotle Mexican Grill (CMG) to $350 from $300.
06/29/17
BTIG
06/29/17
NO CHANGE
BTIG
McDonald's price target raised to $175 from $156 at BTIG
BTIG analyst says that McDonald's mobile order and pay initiative, along with its launch of in-restaurant kiosks, will lower its labor costs and boost its sales. He says that other restaurant chains have shown that they can benefit from being the first to launch certain innovations. Finally, the analyst thinks that McDonald's Experience of the Future initiative could enable it to differentiate itself on value and gain market share. He raised his price target on the stock to $175 from $156 and keeps a Buy rating.
06/26/17
WELS
06/26/17
NO CHANGE
WELS
McDonald's price target raised to $175 from $165 at Wells Fargo
Wells Fargo raised its price target on McDonald's as it thinks that the company's delivery initiative could boost its U.S. SSS by 0.4% in 4Q17 and by 0.9% by 4Q18. The firm says that the company's "Experience of the Future rollout could raise U.S. SSS by 1% next year and about 2.5% in 2020. It keeps an Outperform rating on the stock.
06/20/17
06/20/17
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 Cowen with analyst Andrew Charles saying value and digital are multi-year growth drivers. The firm's proprietary survey data indicates McDonald's value perceptions versus quick service peers has improved since last September when it began to market both the McPick 2 for $5 value platform and discounts only available through the app. 2. Costco (COST) upgraded to Buy from Neutral at Northcoast with analyst Chuck Cerankosky saying Costco is able to combine value merchandising with an upscale product selection in a destination shopping format, is taking market share in fresh food categories, and is shown to be relatively immune to food deflation over the past several quarters. 3. Fossil (FOSL) upgraded to Neutral from Underperform at Buckingham with the firm's analyst saying shares have pulled back below its $10 price target reaching levels not seen since the fiscal 2009 recession. 4. Goodyear Tire (GT) upgraded to Buy from Hold at Jefferies with analyst Ashik Kurian citing "improving volume momentum and strong cash returns." 5. Clovis (CLVS) upgraded to Buy from Neutral at Janney Capital with analyst Debjit Chattopadhyay citing the ARIEL3 data, which he said addressed the PARP differentiation question. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SHLD Sears
$9.04

0.98 (12.16%)

01/03/17
RBCM
01/03/17
DOWNGRADE
RBCM
Sector Perform
Seritage Growth Properties downgraded on Sears headwinds at RBC Capital
As noted earlier, RBC Capital downgraded Seritage Growth (SRG) to Sector Perform from Outperform. Analyst Wes Golladay says that the stock's upside is limited by headwinds faced by the REIT's top tenant, Sears (SHLD). He adds that the 6.5%-8% interest rate of the company's new loan from ESL is high. Target to $48 from $62.
02/10/17
SUSQ
02/10/17
INITIATION
Target $4
SUSQ
Neutral
Sears initiated with a Neutral at Susquehanna
Target $4.
04/07/17
BERN
04/07/17
NO CHANGE
BERN
Best Buy tailwinds from competitor problems won't increase, says Bernstein
Bernstein analyst Brandon Fletcher says that Best Buy (BBY) bulls expect the company to benefit from the demise of competitors such as Sears (SHLD) and hhgregg. however, the analyst says that Best Buy has been benefiting form the demise of competitors for five years, so the tailwind it's getting from this source should not significantly increase. The analyst adds that other retailers, including Amazon (AMZN) and Wal-Mart (WMT), are also gaining share. He keeps an Underperform rating on Best Buy.
03/27/17
PIPR
03/27/17
UPGRADE
Target $55
PIPR
Overweight
Best Buy upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Peter Keith upgraded Best Buy (BBY) to Overweight and raised his price target for the shares to $55 from $45. Store closures from hhgregg and potentially Sears (SHLD) could lift Best Buy's comp sales by 2%, Keith tells investors in a research note. Further, the upcoming iPhone and Samsung Galaxy Note launches should bring a "strong smartphone upgrade cycle," the analyst contends.
CHRW C.H. Robinson
$68.89

-0.57 (-0.82%)

04/13/17
VERT
04/13/17
INITIATION
Target $71
VERT
Sell
C.H. Robinson initiated with a Sell at Vertical Research
Vertical Research analyst Brian Konigsberg initiated C.H. Robinson with a Sell and a $71 price target. The analyst said his work indicates we are at or near a truckload utilization trough, which history suggests should favor positioning in asset-light companies. However, valuation upside since year-end, a pick up in deal activity and a transitioning competitive landscape in the asset-light arena, leads him to reshuffle a bit. Konigsberg recommends companies with special situations and unrealized earnings power that is set to be "unleashed."
04/27/17
FBCO
04/27/17
NO CHANGE
Target $71
FBCO
Underperform
C.H. Robinson price target lowered to $71 from $75 at Credit Suisse
Credit Suisse analyst Allison Landry lowered her price target for C.H. Robinson to $71 from $75 as weak margins continue to drag on operating profit while the company adds to its employee base. The analyst believes this trend is likely to persist for the next few quarters. He reiterates an Underperform rating on the shares.
05/05/17
VERT
05/05/17
UPGRADE
VERT
Hold
C.H. Robinson upgraded to Hold from Sell at Vertical Research
Vertical Research analyst Brian Konigsberg upgraded C.H. Robinson to Hold and raised its price target to $76 from $71 following the recent analyst day. The analyst said the company's technology is a lot more developed and impressive than he expected and said shares are a little less expensive than it typically trades at this point in the cycle.
04/06/17
KEYB
04/06/17
NO CHANGE
KEYB
C.H. Robinson Q1 results likely to beat expectations, says KeyBanc
KeyBanc expects C.H. Robinson's Q1 results to beat expectations on higher gross margins and favorable seasonality. The firm predicts that the stock will outperform in the near-term following the company's results and keeps an Outperform rating on the shares.
HOV Hovnanian
$2.51

0.06 (2.45%)

01/12/17
JMPS
01/12/17
DOWNGRADE
JMPS
Underperform
Hovnanian downgraded on valuation, tough comps at JMP Securities
As noted earlier, JMP Securities downgraded Hovnanian to Underperform from Market Perform. As reasons for the downgrade, analyst Peter Martin cited valuation and "extremely difficult community count comps" in 1H17. Target $1.60.
01/12/17
JMPS
01/12/17
DOWNGRADE
JMPS
Underperform
Hovnanian downgraded to Underperform from Market Perform at JMP Securities
ICON Iconix Brand
$6.68

0.12 (1.83%)

08/04/16
08/04/16
NO CHANGE

Iconix Brand reports Q2 non-GAAP EPS 27c, consensus 23c
Reports Q2 revenue $95.7M, consensus $95.22M.
02/23/17
ROTH
02/23/17
NO CHANGE
Target $13
ROTH
Buy
Roth Capital remains a buyer of Iconix Brand following mixed results
Roth Capital analyst Dave King notes that Iconix reported mixed results excluding a significant asset sale gain, while guidance fell short mainly due to increased marketing spend. While shares may be due for a pullback as investors question the company's underlying earnings power, the analyst believes 2017 EPS guidance may prove conservative. He reiterates a Buy rating and $13 price target on the shares, and continues to see much of Iconix's debt value accreting into equity value as management aggressively pays down debt using seemingly fairly visible CFFO generation.
09/30/16
GUGG
09/30/16
INITIATION
GUGG
Neutral
Iconix Brand initiated with a Neutral at Guggenheim

TODAY'S FREE FLY STORIES

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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  • 18

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HCLP

Hi-Crush Partners

$8.95

0.25 (2.87%)

16:21
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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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  • 01

    Nov

  • 14

    Nov

CLR

Continental Resources

$37.31

-0.11 (-0.29%)

16:20
10/17/17
10/17
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16:20
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  • 08

    Nov

VIX

Volatility Index S&P 500 Options

16:20
10/17/17
10/17
16:20
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16:20
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
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16:19
Hot Stocks
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  • 18

    Oct

  • 24

    Oct

  • 07

    Nov

$NSD

NASDAQ Market Internals

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

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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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03/08/13
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03/06/13
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03/06/13
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  • 17

    Oct

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  • 17

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  • 17

    Oct

  • 17

    Oct

  • 17

    Oct

  • 18

    Oct

  • 22

    Oct

  • 23

    Oct

  • 23

    Oct

  • 24

    Oct

  • 25

    Oct

  • 25

    Oct

  • 26

    Oct

  • 27

    Oct

  • 31

    Oct

  • 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 »

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  • 17

    Oct

  • 22

    Oct

  • 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
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16:14
Downgrade
Lendlease Group rating change  »

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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

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IBM

IBM

$146.43

-0.37 (-0.25%)

16:13
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IBM reports Q3 cloud revenues up 20% to $4.1B »

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  • 17

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  • 15

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IBM

IBM

$146.45

-0.35 (-0.24%)

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

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  • 17

    Oct

  • 22

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  • 15

    Nov

COTY

Coty

$16.01

-0.82 (-4.87%)

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

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NTRS

Northern Trust

$91.10

-0.82 (-0.89%)

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

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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,…

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  • 17

    Oct

CREE

Cree

$29.34

0.06 (0.20%)

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

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  • 17

    Oct

PTX

Pernix Therapeutics

$2.76

-0.05 (-1.78%)

16:10
10/17/17
10/17
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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…

03/08/13
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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…

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  • 06

    Nov

MOBL

MobileIron

$3.80

-0.1 (-2.56%)

16:08
10/17/17
10/17
16:08
10/17/17
16:08
Hot Stocks
MobileIron CEO Barry Mainz to leave, Simon Biddiscombe to succeed »

MobileIron announced that…

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