Breaking News Instant updates and real-time market news.

TWNK

Hostess Brands

$15.19

-0.14 (-0.91%)

, CRTO

Criteo

$51.42

-0.03 (-0.06%)

10:17
07/31/17
07/31
10:17
07/31/17
10:17

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Hostess Brands (TWNK) initiated with a Neutral at UBS. 2. Criteo (CRTO) coverage resumed with an Overweight at KeyBanc. 3. CMS Energy (CMS) initiated with an Equal Weight at Morgan Stanley. 4. AxoGen (AXGN) initiated with an Outperform at Leerink. 5. Covanta (CVA) initiated with an Outperform at BMO Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TWNK

Hostess Brands

$15.19

-0.14 (-0.91%)

CRTO

Criteo

$51.42

-0.03 (-0.06%)

CMS

CMS Energy

$46.27

-0.03 (-0.06%)

AXGN

AxoGen

$15.10

-0.5 (-3.21%)

CVA

Covanta

$14.75

0.35 (2.43%)

  • 02

    Aug

  • 08

    Aug

  • 09

    Aug

  • 15

    Aug

TWNK Hostess Brands
$15.19

-0.14 (-0.91%)

07/31/17
UBSW
07/31/17
INITIATION
Target $16
UBSW
Neutral
Hostess Brands initiated with a Neutral at UBS
UBS analyst Steven Strycula started Hostess Brands with a Neutral rating and $16 price target. Decelerating industry trends and elevated consensus earnings expectations leave a balanced risk/reward profile, the analyst contends.
05/16/17
SPHN
05/16/17
INITIATION
Target $20
SPHN
Overweight
Hostess Brands initiated with an Overweight at Stephens
Stephens analyst Farha Aslam initiated Hostess Brands with an Overweight rating and $20 price target.
05/10/17
DBAB
05/10/17
NO CHANGE
Target $19
DBAB
Buy
Hostess Brands FCF yield offers buying opportunity, says Deutsche Bank
Deutsche Bank analyst Rob Dickerson believes Hostess Brands' free cash yield presents a buying opportunity. The company's Q1 results came in at the high end of pre-released revenue and EBITDA, full-year guidance was held, and continued category share gains are expected, Dickerson tells investors in a post-earnings research note. The analyst keeps a Buy rating on Hostess with a $19 price target.
03/15/17
DBAB
03/15/17
NO CHANGE
Target $19
DBAB
Buy
Deutsche still views Hostess favorably following Q4 results
Deutsche Bank analyst Rob Dickerson raised his price target for Hostess Brands shares to $19 from $18 following the company's "strong" Q4 results. A 13% sales gain and gross margin expansion led the quarter, Dickerson tells investors in a research note. He continues to view Hostess favorably with a Buy rating.
CRTO Criteo
$51.42

-0.03 (-0.06%)

07/31/17
KEYB
07/31/17
INITIATION
KEYB
Overweight
Criteo coverage resumed with an Overweight at KeyBanc
KeyBanc analyst Andy Hargreaves resumed coverage of Criteo with a $62 price target and an Overweight rating. The analyst says that the company's "large scale" and "focus on performance marketing" help protect it from competition. He expects the company's profits to grow more than 20% annually and thinks that it has multiple positive catalysts, including international growth, increased spending by its current customers, and "expansion into acquisition marketing."
06/06/17
JEFF
06/06/17
NO CHANGE
Target $66
JEFF
Buy
Criteo selloff on Apple news a buying opportunity, says Jefferies
Jefferies analyst Brian Fitzgerald notes Criteo (CRTO) yesterday traded down 7% on news that the newest version of Apple's (AAPL) desktop Safari web browser would attempt to curtail re-targeted ads. The selloff is a "clear overreaction" as Safari likely accounts for less than 1.5% of Criteo's revenue, Fitzgerald tells investors in a research note. The company's business is already "quickly mix-shifting" away from desktop browsers and away from Safari specifically, the analyst adds. He recommends using yesterday's pullback as a buying opportunity and keeps a Buy rating on Criteo with a $66 price target.
06/08/17
RBCM
06/08/17
NO CHANGE
RBCM
Criteo says Safari desktop accounts for under 3% of revenue, says RBC Capital
After meeting with Criteo's (CRTO) CFO, RBC Capital analyst Mark Mahaney quotes the company as saying that its understanding is that Apple's (AAPL) ad blocking initiative so far only applies to the desktop version of its Safari browser. Criteo reported that it obtains less than 3% of its revenue ex TAC from that source, Mahaney wrote. Criteo also believes that the new feature will not block tracking until the user is on the browser for a certain amount of time. Mahaney says that Criteo has proven adept at adjusting to changing conditions in the past. He keeps a $60 price target and Outperform rating on the stock.
06/06/17
COWN
06/06/17
NO CHANGE
Target $60
COWN
Outperform
Criteo stock reaction after Apple developer conference overdone, says Cowen
Cowen analyst Thomas Champion noted Criteo (CRTO) shares were under pressure following comments from the Apple (AAPL) developer conference yesterday, but he believes exposure to the desktop Safari browser seems limited, which will mitigate risk to revenue, suggesting the stock reaction is overdone. Champion reiterated his Outperform rating on Criteo shares.
CMS CMS Energy
$46.27

-0.03 (-0.06%)

07/31/17
MSCO
07/31/17
INITIATION
Target $47
MSCO
Equal Weight
CMS Energy initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Stephen Byrd initiated CMS Energy with an Equal Weight and a $47 price target saying valuation reflects strong execution.
03/06/17
EVER
03/06/17
UPGRADE
Target $45.5
EVER
Outperform
CMS Energy upgraded to Outperform from In Line at Evercore ISI
Evercore ISI analyst Greg Gordon upgraded CMS Energy to Outperform from In Line as he believes the company deserves a premium valuation based on what he views as its "superior" EPS and dividend growth outlook. He raised his price target on the stock to $45.50 from $44.50.
01/30/17
UBSW
01/30/17
UPGRADE
UBSW
Buy
CMS Energy upgraded to Buy from Neutral at UBS
07/24/17
FBCO
07/24/17
UPGRADE
Target $50
FBCO
Outperform
CMS Energy upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Michael Weinstein upgraded CMS Energy to Outperform from Neutral after recent underperformance. The analyst also raised his price target on the shares to $50 from $48.
AXGN AxoGen
$15.10

-0.5 (-3.21%)

06/29/17
CANT
06/29/17
INITIATION
Target $18
CANT
Overweight
AxoGen initiated with an Overweight at Cantor
Cantor Fitzgerald analyst Travis Steed started AxoGen with an Overweight rating and $18 price target.
11/22/16
LSCM
11/22/16
UPGRADE
Target $11
LSCM
Buy
AxoGen upgraded to Buy from Hold at Lake Street
Lake Street analyst Bruce Jackson upgraded AxoGen to Buy saying the "story is revived' following yesterday's analyst meeting. The company unveiled a new product for adhesion prevention called Avive along with two other pipeline development programs in breast reconstruction and lower limb iatrogenic nerve injury, Jackson tells investors in a research note. The analyst raised his price target for the shares to $11 from $9.
07/31/17
LEER
07/31/17
INITIATION
Target $22
LEER
Outperform
AxoGen initiated with an Outperform at Leerink
Leerink analyst Richard Newitter started AxoGen with an Outperform rating and $22 price target. The company is well positioned to sustain a leading position in peripheral nerve repair, the analyst contends.
03/06/17
ROTH
03/06/17
INITIATION
Target $14.5
ROTH
Buy
AxoGen initiated with a Buy at Roth Capital
Roth Capital analyst Chris Lewis started AxoGen with a Buy rating and $14.50 price target as he believes it is well-positioned to continue expanding the treatment algorithms of surgeons to include all of its products across its full treatment continuum in peripheral nerve repair.
CVA Covanta
$14.75

0.35 (2.43%)

07/31/17
STFL
07/31/17
UPGRADE
STFL
Buy
Covanta upgraded to Buy from Hold at Stifel
07/31/17
STFL
07/31/17
UPGRADE
STFL
Buy
Covanta upgraded on cost controls, increased visibility at Stifel
As noted earlier, Stifel upgraded Covanta to Buy from Hold. As reasons for the upgrade, analyst Michael Hoffman cited increased cost controls, stronger visibility of its AEBITDA and free cash flow growth, and WTE development opportunities in the U.K. Target to $17 from $15.50.
07/31/17
BMOC
07/31/17
UPGRADE
BMOC
Outperform
Covanta upgraded on free cash flow outlook at BMO Capital
As noted earlier, BMO Capital upgraded Covanta to Outperform from Market Perform. Analyst Jeffrey Silber says that the company's "path to positive free cash flow improvement" has become "more apparent given results to date and strong dynamics in the waste market." Target to $17 from $16.
07/31/17
BMOC
07/31/17
INITIATION
BMOC
Outperform
Covanta initiated with an Outperform at BMO Capital

TODAY'S FREE FLY STORIES

MDT

Medtronic

$83.52

0.11 (0.13%)

, COTY

Coty

$19.55

0.32 (1.66%)

20:25
08/21/17
08/21
20:25
08/21/17
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

MDT

Medtronic

$83.52

0.11 (0.13%)

COTY

Coty

$19.55

0.32 (1.66%)

TOL

Toll Brothers

$38.26

0.11 (0.29%)

DSW

DSW

$15.69

-0.15 (-0.95%)

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

See Street Research during your Free Trial

  • 22

    Aug

  • 22

    Aug

  • 22

    Aug

  • 22

    Aug

  • 22

    Aug

  • 06

    Sep

  • 20

    Sep

ENR

Energizer

$41.24

-0.09 (-0.22%)

18:58
08/21/17
08/21
18:58
08/21/17
18:58
Hot Stocks
Energizer CEO acquires 12,112 common shares »

In a regulatory filing,…

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

See Street Research during your Free Trial

HOMB

Home Bancshares

$23.51

0.11 (0.47%)

, SGBK

Stonegate Bank

$46.70

0.34 (0.73%)

18:41
08/21/17
08/21
18:41
08/21/17
18:41
Hot Stocks
Home Bancshares receives regulatory approvals for merger with Stonegate Bank »

Home BancShares (HOMB)…

HOMB

Home Bancshares

$23.51

0.11 (0.47%)

SGBK

Stonegate Bank

$46.70

0.34 (0.73%)

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

See Street Research during your Free Trial

  • 18

    Sep

ADP

ADP

$102.89

-1.52 (-1.46%)

18:32
08/21/17
08/21
18:32
08/21/17
18:32
Periodicals
ADP CEO: Ackman refused to meet because he needed 'leverage,' CNBC says »

After ADP said its board…

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

See Street Research during your Free Trial

  • 11

    Sep

TWX

Time Warner

$102.11

0.92 (0.91%)

, SNAP

Snap

$13.58

-0.43 (-3.07%)

18:18
08/21/17
08/21
18:18
08/21/17
18:18
Periodicals
CNN begins streaming daily news show on Snapchat, Reuters reports »

CNN, which is owned by…

TWX

Time Warner

$102.11

0.92 (0.91%)

SNAP

Snap

$13.58

-0.43 (-3.07%)

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

See Street Research during your Free Trial

  • 21

    Aug

  • 24

    Aug

  • 13

    Sep

KKR

KKR

18:11
08/21/17
08/21
18:11
08/21/17
18:11
Hot Stocks
Breaking Hot Stocks news story on KKR »

ValueAct raises stake in…

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

See Street Research during your Free Trial

BZUN

Baozun

$34.60

0.62 (1.82%)

18:05
08/21/17
08/21
18:05
08/21/17
18:05
Hot Stocks
Baozun reports Q2 Total Gross Merchandise Volume RMB3.604B »

An increase of 63.5%…

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

See Street Research during your Free Trial

  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:03
08/21/17
08/21
18:03
08/21/17
18:03
Earnings
Baozun sees Q3 revenue RMB870M-RMB910M »

The company will begin…

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

See Street Research during your Free Trial

  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:02
08/21/17
08/21
18:02
08/21/17
18:02
Earnings
Breaking Earnings news story on Baozun »

Baozun reports Q2…

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

See Street Research during your Free Trial

  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:01
08/21/17
08/21
18:01
08/21/17
18:01
Earnings
Baozun reports Q2 EPS 8c, consensus 10c »

Reports Q2 revenue $131M,…

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

See Street Research during your Free Trial

  • 21

    Aug

KKR

KKR

18:00
08/21/17
08/21
18:00
08/21/17
18:00
Periodicals
KKR near 'clinching' $3B commitment from NYC pension system, Bloomberg says »

KKR is getting close to…

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

See Street Research during your Free Trial

ESV

Ensco

$4.19

-0.09 (-2.10%)

, NBL

Noble Energy

$23.54

-0.11 (-0.47%)

17:56
08/21/17
08/21
17:56
08/21/17
17:56
Hot Stocks
Ensco awarded contract by Noble Energy »

Ensco (ESV) announced…

ESV

Ensco

$4.19

-0.09 (-2.10%)

NBL

Noble Energy

$23.54

-0.11 (-0.47%)

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

See Street Research during your Free Trial

  • 29

    Aug

  • 05

    Oct

GDOT

Green Dot

$46.58

0.31 (0.67%)

17:51
08/21/17
08/21
17:51
08/21/17
17:51
Hot Stocks
Breaking Hot Stocks news story on Green Dot »

Harvest Capital reports…

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

See Street Research during your Free Trial

RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

, RIG

Transocean

$7.32

-0.16 (-2.14%)

17:46
08/21/17
08/21
17:46
08/21/17
17:46
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: Ruby…

RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

RIG

Transocean

$7.32

-0.16 (-2.14%)

NDSN

Nordson

$125.12

0.99 (0.80%)

FN

Fabrinet

$39.82

-0.26 (-0.65%)

TEDU

Tarena

$18.61

0.59 (3.27%)

ZAYO

Zayo Group

$32.97

-0.08 (-0.24%)

PINC

Premier

$32.78

-0.16 (-0.49%)

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

See Street Research during your Free Trial

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 22

    Aug

  • 29

    Aug

  • 29

    Aug

  • 05

    Sep

  • 06

    Sep

  • 06

    Dec

RIG

Transocean

$7.32

-0.16 (-2.14%)

17:41
08/21/17
08/21
17:41
08/21/17
17:41
Hot Stocks
Transocean director acquires 2,000 registered shares »

In a regulatory filing,…

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

See Street Research during your Free Trial

  • 29

    Aug

RDN

Radian Group

$16.46

-0.26 (-1.56%)

17:38
08/21/17
08/21
17:38
08/21/17
17:38
Hot Stocks
Radian Group CEO Thornberry buys 15,000 shares »

Radian Group CEO Richard…

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

See Street Research during your Free Trial

RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

17:38
08/21/17
08/21
17:38
08/21/17
17:38
Earnings
Ruby Tuesday reports Q4 adjusted EPS 6c vs 10c last year »

Reports Q4 revenue…

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

See Street Research during your Free Trial

  • 21

    Aug

  • 06

    Dec

SRNE

Sorrento Therapeutics

$1.70

-0.05 (-2.86%)

17:29
08/21/17
08/21
17:29
08/21/17
17:29
Hot Stocks
Sorrento closes transactions contemplated by contribution pact with Celularity »

Sorrento Therapeutics…

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

See Street Research during your Free Trial

  • 28

    Aug

GPN

Global Payments

$94.57

0.81 (0.86%)

17:24
08/21/17
08/21
17:24
08/21/17
17:24
Hot Stocks
Global Payments Chairman William Jacobs sells 8,428 shares of company stock »

Global Payments Chairman…

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

See Street Research during your Free Trial

NOC

Northrop Grumman

$267.70

0.09 (0.03%)

17:19
08/21/17
08/21
17:19
08/21/17
17:19
Hot Stocks
Northrop Grumman awarded $328.6M government contract »

Northrop Grumman Systems…

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

See Street Research during your Free Trial

  • 23

    Aug

BA

Boeing

$235.68

-0.09 (-0.04%)

17:18
08/21/17
08/21
17:18
08/21/17
17:18
Hot Stocks
Boeing awarded $349.2M government contract »

The Boeing Co.,…

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

See Street Research during your Free Trial

LMT

Lockheed Martin

$301.88

2.68 (0.90%)

17:17
08/21/17
08/21
17:17
08/21/17
17:17
Hot Stocks
Lockheed Martin awarded $427M government contract »

Lockheed Martin Corp.,…

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

See Street Research during your Free Trial

  • 23

    Aug

PBFX

PBF Logistics

$20.80

-0.05 (-0.24%)

17:11
08/21/17
08/21
17:11
08/21/17
17:11
Hot Stocks
Breaking Hot Stocks news story on PBF Logistics »

Carlos Slim reports 5.1%…

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

See Street Research during your Free Trial

VZ

Verizon

$48.14

0.45 (0.94%)

17:10
08/21/17
08/21
17:10
08/21/17
17:10
Periodicals
Yahoo owes $5.5M to SCA Promotions after backing out of contract, Reuters says »

The 5th U.S. Circuit…

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

See Street Research during your Free Trial

  • 30

    Aug

  • 31

    Aug

  • 06

    Sep

  • 19

    Sep

XOM

Exxon Mobil

$76.38

-0.26 (-0.34%)

17:07
08/21/17
08/21
17:07
08/21/17
17:07
Hot Stocks
Exxon Mobil says fire at a refinery in Botlek, Rotterdam 

Reference Link

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

See Street Research during your Free Trial

  • 27

    Oct

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.