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UN

Unilever; also tag UL

$58.14

0.1 (0.17%)

, UL

Unilever; also tag UN

$56.97

0.17 (0.30%)

15:38
07/31/17
07/31
15:38
07/31/17
15:38

Blackstone, CVC to make joint bid for Unilever spreads unit, Sky News says

Blackstone (BX) and CVC Capital Partners plan to make a joint bid for Unilever's (UN) international spreads division, according to Sky News. Apollo (APO) and KKR (KKR) are also said to be working on separate offers, though Unilever could opt to spin off the business to its existing shareholders if offers are not attractive enough, the report added. Reference Link

UN

Unilever; also tag UL

$58.14

0.1 (0.17%)

UL

Unilever; also tag UN

$56.97

0.17 (0.30%)

BX

Blackstone

$33.46

-0.075 (-0.22%)

APO

Apollo Global

$28.15

0.41 (1.48%)

KKR

KKR

$19.47

0.17 (0.88%)

  • 02

    Aug

UN Unilever; also tag UL
$58.14

0.1 (0.17%)

07/10/17
SUSQ
07/10/17
NO CHANGE
Target $91
SUSQ
Kraft Heinz likely to go hostile in pursuit of Unilever, says Susquehanna
Susquehanna analyst Pablo Zuanic noted that a six-month hiatus required by British takeover law will have passed in the middle of August and he sees the possibility of Kraft Heinz (KHC) coming back with a hostile bid for Unilever (UN) as "more than 75% likely" to happen. A $200B deal could be accretive in the mid-20% range for Kraft shareholders, estimates Zuanic, who cut his price target on Kraft Heinz shares to $91 from $99 to reflect a smaller premium to its peers. He keeps a Neutral rating on the Kraft shares.
05/17/17
JEFF
05/17/17
NO CHANGE
JEFF
Jefferies sees Unilever as interested if Colgate is for sale
After the New York Post reported that Colgate (CL) may be willing to sell for $100 per share, Jefferies analyst Martin Deboo says he'd expect Unilever (UN, UL) to be an interested party. The analyst notes he's argued for some time that Unilever should create a "New World Order" in Household & Personal Care by acquiring Colgate. Such a deal would support his bullish thesis on Unilever shares.
04/12/17
SUSQ
04/12/17
UPGRADE
Target $132
SUSQ
Positive
PepsiCo upgraded to Positive on M&A potential at Susquehanna
As previously reported, Susquehanna analyst Pablo Zuanic upgraded PepsiCo to Positive from Neutral. He believes Kraft Heinz (KHC) needs to a do another deal following its failed acquisition of Unilever (UL) and feels Pepsi and Mondelez (MDLZ) are the two most likely candidates. Zuanic raised his price target to $132 form $118 on PepsiCo shares.
03/31/17
ABNA
03/31/17
DOWNGRADE
ABNA
Sell
Unilever downgraded to Sell from Hold at ABN Amro
UL Unilever; also tag UN
$56.97

0.17 (0.30%)

BX Blackstone
$33.46

-0.075 (-0.22%)

04/10/17
MSCO
04/10/17
NO CHANGE
Target $36
MSCO
Overweight
Morgan Stanley says to own Blackstone into the Q1 print
Morgan Stanley analyst Michael Cyprys says to buy Blackstone into the Q1 print saying its a best-in-class franchise which saw a number of large transactions close and has unparalleled fundraising ability. Cyprys rates Blackstone an Overweight with a $36 price target.
05/22/17
SBSH
05/22/17
UPGRADE
Target $40
SBSH
Buy
Blackstone upgraded to Buy from Neutral at Citi
Citi analyst William Katz upgraded Blackstone Group to Buy and raised his price target for the shares to $40 from $32. The company's intentions to raise a $40B infrastructure fund should be a "valuation catalyst," the analyst contends.
05/22/17
JMPS
05/22/17
NO CHANGE
JMPS
Blackstone deal with Saudi Arabia positive, says JMP Securities
JMP Securities analyst Devin Ryan says that the new infrastructure investment vehicle that Blackstone launched with the Public Investment Fund of Saudi Arabia may boost the shareholder value of Blackstone by over 10%. The analyst adds that the deal shows that Blackstone "can evolve and innovate," which makes its growth outlook "strong." He keeps a $38 price target and Outperform rating on the shares.
05/22/17
05/22/17
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. Qualcomm (QCOM) upgraded to Overweight from Neutral at JPMorgan with analyst Rod Hall saying while more negative news from the Apple (AAPL) royalty suit is likely, "material fundamental upside" exists from the closure of the NXP Semiconductors (NXPI) by the end of this year. The analyst views the deal as highly accretive. Hall also believes Apple ultimately will want to preserve its commercial relationship with Qualcomm. 2. Motorola Solutions (MSI) upgraded to Outperform from Market Perform at Raymond James with analyst Tavis McCourt saying shares look increasingly attractive based on improved demand visibility that is less economically sensitive than many of its peers, and demand catalysts from FirstNet buildouts that are expected to start in 2018. 3. Entegris (ENTG) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Toshiya Hari citing the recent pullback in shares and maintained a $29 price target. 4. Blackstone (BX) upgraded to Buy from Neutral at Citi with analyst William Katz saying the company's intentions to raise a $40B infrastructure fund should be a "valuation catalyst." 5. Cree (CREE) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha saying he thinks that the company's new CEO could make positive changes at the company. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
APO Apollo Global
$28.15

0.41 (1.48%)

02/09/17
WELS
02/09/17
NO CHANGE
WELS
Apollo Global stock could rise 15% on Athene Holding deal, says Wells Fargo
Wells Fargo estimates that Apollo Global's (APO) EPS could be boosted by 40c and its stock could rise 10%-15% if Athene Holding (ATH) buys Fidelity & Guarantee Life. The firm notes that Apollo Global "recognizes revenue and earnings (positive or negative) tied to Athene Holding stock price movements." Wells keeps an Outperform rating on Apollo Global.
02/06/17
BOFA
02/06/17
UPGRADE
Target $27
BOFA
Buy
Apollo Global upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded Apollo Global to Buy and rasied its price target to $27 from $23 given expectations for improving fee related earnings, fund returns, and a rising distribution.
02/06/17
WELS
02/06/17
UPGRADE
WELS
Outperform
Apollo Global upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Christopher Harris upgraded Apollo Global to Outperform saying the market is underappreciating the "rapid growth" of the company's carry generating assets under management. The analyst raised his price target range for the shares to $25-$27 from $20-$22.
06/08/17
BOFA
06/08/17
UPGRADE
BOFA
Buy
Carlyle Group upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill analyst Michael Carrier upgraded Carlyle Group (CG) to Buy saying the outlook for alternative asset managers is improving following a challenging 2015 and 2016. The analyst highlights "healthy" fundraising, improving returns, and rising distributions for the space. Carrier raised his price target for Carlyle to $21 from $20 while noting that Apollo Global (APO) remains his top pick in the space.
KKR KKR
$19.47

0.17 (0.88%)

05/09/17
PIPR
05/09/17
NO CHANGE
Target $18
PIPR
Overweight
Pandora sale path accelerated with KKR investment, says Piper Jaffray
Piper Jaffray analyst Stan Meyers believes Pandora's (P) path towards a potential sale has accelerated following KKR's (KKR) strategic investment. The analyst also expects Pandora's margins in its core radio business to continue improving. He remains "upbeat" on the shares with an Overweight rating and $18 price target.
05/09/17
NEED
05/09/17
NO CHANGE
Target $16
NEED
Buy
KKR adds $5 per share to Pandora value, says Needham
Noting that Pandora (P) announced it had raised $150M by selling a 5-year, 8% convertible preferred security to KKR (KKR), Needham analyst Laura Martin calculates that adding KKR to the Pandora story adds $5 per share to the latter's value, implying that it should trade up to $15 per share on the news over time. The analyst believes KKR provides a financial safety net, and expects KKR's exit time frame to be 5 years, giving public shareholders a clearer exit path. She reiterates a Buy rating and $16 price target on Pandora's shares.
07/25/17
LEER
07/25/17
DOWNGRADE
Target $66.5
LEER
Market Perform
WebMD downgraded to Market Perform from Outperform at Leerink
Leerink analyst David Larsen downgraded WebMD (WBMD) to Market Perform from Outperform after the company announced that it has entered into a definitive agreement to be acquired by Internet Brands, a KKR (KKR) portfolio company, in a transaction valued at about $2.8B. The analyst also raised his price target on WebMD's shares to $66.50 from $60.
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.

TODAY'S FREE FLY STORIES

KSU

Kansas City Southern

$105.80

-0.07 (-0.07%)

17:45
08/18/17
08/18
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17:45
Hot Stocks
Kansas City Southern director Henry Maier buys 3,000 shares »

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  • 06

    Sep

RXII

RXi Pharmaceuticals

$0.58

-0.02 (-3.36%)

17:27
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Syndicate
Breaking Syndicate news story on RXi Pharmaceuticals »

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  • 26

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WIN

Windstream

$1.98

0.06 (3.13%)

17:27
08/18/17
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17:27
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17:27
Hot Stocks
Windstream CEO acquires 25,381 common shares »

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CVM

CEL-SCI

$2.44

-0.22 (-8.27%)

17:27
08/18/17
08/18
17:27
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17:27
Syndicate
Breaking Syndicate news story on CEL-SCI »

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TRN

Trinity Industries

$28.20

-0.03 (-0.11%)

17:25
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08/18
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17:25
Hot Stocks
ValueAct raises stake inTrinity Industries to 11% from 9.8% »

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LPTN

Lpath

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

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PGR

Progressive

$48.63

0.12 (0.25%)

17:08
08/18/17
08/18
17:08
08/18/17
17:08
Hot Stocks
Progressive CFO sells 50,000 common shares »

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TMO

Thermo Fisher

$172.57

-0.32 (-0.19%)

17:06
08/18/17
08/18
17:06
08/18/17
17:06
Hot Stocks
Thermo Fisher director sells 11,318 shares »

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  • 06

    Sep

SMBC

Southern Missouri Bancorp

$31.18

-0.05 (-0.16%)

17:06
08/18/17
08/18
17:06
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17:06
Hot Stocks
Southern Missouri Bancorp and Southern Missouri Bancshares to merge »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:58
08/18/17
08/18
16:58
08/18/17
16:58
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
08/18/17
16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
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16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:56
08/18/17
08/18
16:56
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16:56
Hot Stocks
Icahn no longer special advisor to President Trump on regulatory reform issues »

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NVTA

Invitae

$9.60

0.05 (0.52%)

16:55
08/18/17
08/18
16:55
08/18/17
16:55
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

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NVTA

Invitae

$9.60

0.05 (0.52%)

16:49
08/18/17
08/18
16:49
08/18/17
16:49
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

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MU

Micron

$30.38

0.76 (2.57%)

16:48
08/18/17
08/18
16:48
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16:48
Hot Stocks
Micron director sells 25,000 common shares »

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  • 29

    Aug

  • 06

    Sep

INSY

Insys Therapeutics

$9.17

-0.11 (-1.19%)

16:42
08/18/17
08/18
16:42
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Hot Stocks
Insys agrees to pay $4.45M to settle opioid marketing suit »

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AKTX

Akari Therapeutics

16:34
08/18/17
08/18
16:34
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16:34
Syndicate
Breaking Syndicate news story on Akari Therapeutics »

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JMBA

Jamba

$9.11

-0.04 (-0.44%)

16:32
08/18/17
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Jamba receives expected letter from Nasdaq »

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HIL

Hill International

$4.50

0.2 (4.65%)

16:31
08/18/17
08/18
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Hot Stocks
Hill International receives NYSE notice regarding late Form 10-Q filing »

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TGT

Target

$55.65

-0.47 (-0.84%)

16:30
08/18/17
08/18
16:30
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16:30
Periodicals
Target ends relationship with food startup Hampton Creek, Bloomberg says »

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16:30
08/18/17
08/18
16:30
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16:30
Options
Preliminary option volume of 23.2M today »

Preliminary option volume…

NBEV

New Age Beverages

$3.51

-0.49 (-12.25%)

16:29
08/18/17
08/18
16:29
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16:29
Hot Stocks
New Age Beverages director sells nearly 42,000 common shares »

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  • 28

    Sep

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

, ESV

Ensco

$4.28

0.12 (2.88%)

16:24
08/18/17
08/18
16:24
08/18/17
16:24
Hot Stocks
Atwood Oceanics, Ensco file proxy materials in connection with pending merger »

Ensco (ESV) and Atwood…

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

ESV

Ensco

$4.28

0.12 (2.88%)

03/08/13
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NSRGY

Nestle

$83.76

-0.1 (-0.12%)

16:23
08/18/17
08/18
16:23
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16:23
Periodicals
Nestle faces potential fraud suit over Poland Spring marketing, WSJ says »

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