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DF

Dean Foods

$12.01

-2.965 (-19.81%)

, AFI

Armstrong Flooring

$14.10

-0.15 (-1.05%)

10:25
08/08/17
08/08
10:25
08/08/17
10:25

On The Fly: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dean Foods (DF) was downgraded to Neutral from Overweight at JPMorgan and to Equal Weight from Overweight at Stephens. 2. Armstrong Flooring (AFI) downgraded to Hold from Buy at Gabelli. 3. Plains All American (PAA) was downgraded to Neutral from Outperform at Baird and to Sector Perform at Scotia Howard Weil. 4. Beazer Homes (BZH) downgraded to Neutral from Outperform at Wedbush with analyst Jay McCanless citing valuation and lack of near-term catalysts. 5. Noble Corp. (NE) downgraded to Hold from Buy at Societe Generale with analyst Edward Muztafago saying the weak pricing environment will limit near-term improvement in the deepwater market and believes it will be second half 2018, at the earliest, before new project work picks up more materially. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

DF

Dean Foods

$12.01

-2.965 (-19.81%)

AFI

Armstrong Flooring

$14.10

-0.15 (-1.05%)

PAA

Plains All American

$21.11

-4.089 (-16.23%)

BZH

Beazer Homes

$15.95

-0.13 (-0.81%)

NE

Noble Corp.

$3.45

-0.13 (-3.63%)

  • 08

    Aug

  • 08

    Aug

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    Aug

  • 08

    Nov

DF Dean Foods
$12.01

-2.965 (-19.81%)

08/08/17
SPHN
08/08/17
DOWNGRADE
SPHN
Equal Weight
Dean Foods downgraded to Equal Weight from Overweight at Stephens
07/27/17
07/27/17
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. AstraZeneca (AZN) downgraded to Market Perform from Outperform at Leerink with analyst Seamus Fernandez citing the company's "continued reliance on externalization profits and deteriorating earnings quality." 2. F5 Networks (FFIV) was downgraded to Market Perform from Outperform at Wells Fargo and to Perform from Outperform at Oppenheimer. 3. UMC (UMC) was downgraded to Underperform from Neutral at Credit Suisse and to Underperform from Market Perform at Bernstein. 4. U.S. Steel (X) and AK Steel (AKS) were downgraded to Neutral from Buy at Longbow. 5. Dean Foods (DF) downgraded to Underperform from Market Perform at Bernstein with analyst Alexia Howard saying she believes that retailers are increasingly using cheap, private label milk in order to compete with low price competitors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/17
JPMS
08/08/17
DOWNGRADE
JPMS
Neutral
Dean Foods downgraded to Neutral from Overweight at JPMorgan
08/08/17
JPMS
08/08/17
DOWNGRADE
Target $12
JPMS
Neutral
Dean Foods downgraded to Neutral with $12 target at JPMorgan
JPMorgan analyst Ken Goldman downgraded Dean Foods to Neutral from Overweight and cut his price target for the shares to $12 from $22 following the company's weaker than expected Q2 results. The analyst attributes the results to competitive and macro pressures. Stephens also downgraded the shares today post-earnings.
AFI Armstrong Flooring
$14.10

-0.15 (-1.05%)

08/15/16
RHCO
08/15/16
DOWNGRADE
RHCO
Neutral
Armstrong Flooring downgraded to Neutral from Buy at SunTrust
SunTrust analyst Keith Hughes downgraded Armstrong Flooring to Neutral citing valuation.
04/11/17
NOMU
04/11/17
INITIATION
Target $19
NOMU
Neutral
Armstrong Flooring initiated with a Neutral at Nomura Instinet
Nomura Instinet analyst Michael Wood started Armstrong Flooring with a Neutral rating and $19 price target.
12/16/16
MACQ
12/16/16
INITIATION
Target $20
MACQ
Neutral
Armstrong Flooring resumed with a Neutral at Macquarie
Macquarie analyst Adam Baumgarten resumed coverage on Armstrong Flooring with a Neutral and a $20 price target.
08/08/17
GABE
08/08/17
DOWNGRADE
GABE
Hold
Armstrong Flooring downgraded to Hold from Buy at Gabelli
PAA Plains All American
$21.11

-4.089 (-16.23%)

08/08/17
BARD
08/08/17
DOWNGRADE
Target $23
BARD
Neutral
Plains GP Holdings downgraded to Neutral at Baird
As previously reported, Baird analyst Ethan Bellamy downgraded Plains GP Holdings (PAGP) to Neutral from Outperform after Plains lowered guidance for its Supply and Logistics business. The analysts said Q2 results were anemic versus his expectations and he lowered his 2018 outlook materially. Bellamy lowered his price target to $23 from $36 on Plains GP Holdings shares. Bellamy also downgraded Plains All American (PAA) to Neutral this morning.
08/08/17
BARD
08/08/17
DOWNGRADE
Target $24
BARD
Neutral
Plains All American downgraded to Neutral at Baird
As previously reported, Baird analyst Ethan Bellamy downgraded Plains All American to Neutral from Outperform after the company lowered guidance for its Supply and Logistics business. The analysts said Q2 results were anemic versus his expectations and he lowered his 2018 outlook materially. Bellamy lowered his price target to $24 from $36 on Plains All American shares, which were also downgraded this morning to Sector Perform at Scotia Howard Weil.
08/08/17
BARD
08/08/17
DOWNGRADE
BARD
Neutral
Plains All American downgraded to Neutral from Outperform at Baird
08/08/17
HOWW
08/08/17
DOWNGRADE
HOWW
Sector Perform
Plains All American downgraded to Sector Perform at Scotia Howard Weil
BZH Beazer Homes
$15.95

-0.13 (-0.81%)

06/22/17
FBCO
06/22/17
INITIATION
Target $13
FBCO
Neutral
Beazer Homes initiated with a Neutral at Credit Suisse
Credit Suisse analyst Susan Maklari initiated Beazer Homes with a Neutral and a $13 price target due to valuation and said she would wait for a better entry point.
06/15/17
06/15/17
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. La Quinta (LQ) upgraded to Overweight from Equal Weight at Morgan Stanley with the firm's analyst indicating a more bullish outlook for lodging demand given the stronger economy and raised La Quinta estimates, and notes shares have underperformed year-to-date. 2. Paccar (PCAR) upgraded to Buy from Neutral at Goldman Sachs with analyst Jerry Revinch saying he is positive on the company's prospects to further improve its industry-leading returns on capital. 3. Thomson Reuters (TRI) upgraded to Outperform from Neutral at Macquarie with analyst Giasone Salati saying he now believes the company is well positioned for what might be a once-in-a-decade boost in demand for services by MIFID II investment firms. 4. Beazer Homes (BZH) upgraded to Outperform from Neutral at Wedbush with analyst Jay McCanless citing what he sees as "the loosening of credit standards at Fannie Mae (FNMA)." 5. Enterprise Products (EPD) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Tom Abrams citing relative valuation and said the company should benefit from improving ethane markets over the next few years. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/15/17
WEDB
06/15/17
UPGRADE
WEDB
Outperform
Beazer Homes upgraded on loosening credit standards at Wedbush
As noted earlier, Wedbush upgraded Beazer Homes (BZH) to Outperform from Neutral. Analyst Jay McCanless upgraded the stock based on what he sees as "the loosening of credit standards at Fannie Mae (FNMA)." The analyst says that Beazer focuses on "entry level consumers who..benefit most from lower lending standards." Target remains $15.
08/08/17
WEDB
08/08/17
DOWNGRADE
Target $15
WEDB
Neutral
Beazer Homes downgraded to Neutral from Outperform at Wedbush
Wedbush analyst Jay McCanless downgraded Beazer Homes to Neutral citing valuation and lack of near-term catalysts, and maintained a $15 price target on shares.
NE Noble Corp.
$3.45

-0.13 (-3.63%)

08/08/17
08/08/17
DOWNGRADE
Target $4.4

Hold
Noble Corp. downgraded to Hold at Societe Generale
As previously reported, Societe Generale downgraded Noble Corp. to Hold from Buy. Analyst Edward Muztafago said the weak pricing environment will limit near-term improvement in the deepwater market and believes it will be second half 2018, at the earliest, before new project work picks up more materially.
07/06/17
BERN
07/06/17
NO CHANGE
BERN
'Global E&P investment to stall in 2018, ' says Bernstein
Bernstein analyst Colin Davies says that global investment in energy exploration and production will slow tremendously next year, falling about 2% globally and rising just 2% in the U.S. He says that E&Ps will have to reduce their rig count next year. In conjunction with the note, the analyst downgraded Noble Corp. (NE) to Underperform from Market Perform, downgraded Transocean (RIG) to Market Perform from Outperform, and downgraded Weatherford (WFT) to Market Perform from Outperform. He upgraded Schlumberger (SLB) to Outperform from Market Perform. Price target on Noble Corp to $2.50 from $7, on Transocean to $9 from $16.50, on Weatherford to $5 from $7, and on Schlumberger to $80 from $94.
07/06/17
BERN
07/06/17
DOWNGRADE
BERN
Underperform
Noble Corp. downgraded to Underperform from Market Perform at Bernstein
Bernstein analyst Colin Davies downgraded Noble Corp based on his belief that global investment in energy exploration and production will slow tremendously next year, falling about 2% globally and rising just 2% in the U.S. He says that E&Ps will have to reduce their rig count next year. Target to $2.50 from $7.
08/07/17
SOCG
08/07/17
DOWNGRADE
SOCG
Hold
Noble Corp. downgraded to Hold from Buy at Societe Generale

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CTAS

Cintas

$212.44

1.26 (0.60%)

15:19
09/25/18
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15:19
Options
Cintas options imply 5.4% move in share price post-earnings, above median historical move »

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$NSD

NASDAQ Market Internals

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FTNW

FTE Networks

$12.50

1.24 (11.01%)

15:12
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FTE Networks CEO says on track to meet or exceed 2018 revenue view of $350M »

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BX

Blackstone

$38.93

-0.77 (-1.94%)

, TRI

Thomson Reuters

$45.70

0.25 (0.55%)

15:11
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Periodicals
Breaking Periodicals news story on Blackstone, Thomson Reuters »

Blackstone mulling sale…

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Blackstone

$38.93

-0.77 (-1.94%)

TRI

Thomson Reuters

$45.70

0.25 (0.55%)

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WH

Wyndham Hotels & Resorts

$55.42

0.27 (0.49%)

15:10
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Conference/Events
Wyndham Hotels & Resorts management to meet with Jefferies »

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JCI

Johnson Controls

$35.65

-0.58 (-1.60%)

15:10
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Options
Notable call spread in Johnson Controls »

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General news
Treasury Closing Summary: »

Treasury Closing Summary:…

JBL

Jabil

$27.51

-2.57 (-8.54%)

15:08
09/25/18
09/25
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15:08
Recommendations
Jabil analyst commentary  »

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CMTL

Comtech

$34.73

0.77 (2.27%)

15:08
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Hot Stocks
Comtech awarded over $4M in additional funding from U.S. Army »

Comtech announced that,…

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KBH

KB Home

$25.35

-0.18 (-0.71%)

15:04
09/25/18
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15:04
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15:04
Options
KB Home options imply 8.7% move in share price post-earnings, above median historical move »

Pre-earnings options…

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MYGN

Myriad Genetics

$46.92

0.01 (0.02%)

15:00
09/25/18
09/25
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15:00
Conference/Events
Myriad Genetics management to meet with Jefferies »

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DAL

Delta Air Lines

$57.10

-0.33 (-0.57%)

15:00
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15:00
Options
Delta draws a notable call spread as shares tick lower »

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APRN

Blue Apron

$1.71

0.04 (2.40%)

14:57
09/25/18
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14:57
Hot Stocks
Blue Apron jumps after O'Leary discusses on CNBC »

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AET

Aetna

$200.71

-2.74 (-1.35%)

, CVS

CVS Health

$77.64

-1.1 (-1.40%)

14:54
09/25/18
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Hot Stocks
NY DFS expresses concerns about proposed Aetna, CVS Health deal »

In a letter dated…

AET

Aetna

$200.71

-2.74 (-1.35%)

CVS

CVS Health

$77.64

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ESRX

Express Scripts

$93.26

-1.19 (-1.26%)

CI

Cigna

$200.54

-2.61 (-1.28%)

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ABT

Abbott

$72.00

0.57 (0.80%)

14:50
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Abbott says study shows Portico safely reduced severe aortic stenosis »

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NKE

Nike

$85.02

0.75 (0.89%)

14:49
09/25/18
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14:49
Options
Nike options imply 8.5% move in share price post-earnings, above median historical move »

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EZPW

Ezcorp

$10.58

0.075 (0.71%)

14:45
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Conference/Events
Ezcorp management to meet with Jefferies »

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CNDT

Conduent

$22.30

0.12 (0.54%)

14:37
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Conference/Events
Conduent management to meet with Jefferies »

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INTC

Intel

$46.14

-0.77 (-1.64%)

, ADI

Analog Devices

$92.82

-2.19 (-2.31%)

14:36
09/25/18
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14:36
Hot Stocks
Intel slides as analyst says sell with semis seen in cyclical downturn »

Shares of Intel (INTC)…

INTC

Intel

$46.14

-0.77 (-1.64%)

ADI

Analog Devices

$92.82

-2.19 (-2.31%)

MCHP

Microchip

$79.10

-3.19 (-3.88%)

ON

ON Semiconductor

$18.44

-0.665 (-3.48%)

MPWR

Monolithic Power

$129.88

-2.99 (-2.25%)

AMD

AMD

$32.59

-0.03 (-0.09%)

NVDA

Nvidia

$268.05

2.33 (0.88%)

QCOM

Qualcomm

$73.16

-0.43 (-0.58%)

SIMO

Silicon Motion

$54.13

-0.04 (-0.07%)

MXIM

Maxim Integrated

$58.13

-1.61 (-2.70%)

TXN

Texas Instruments

$107.78

-2.03 (-1.85%)

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BRC

Brady

$44.20

0.15 (0.34%)

14:35
09/25/18
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14:35
Hot Stocks
Brady director Elizabeth Bruno sells over $1M in company stock »

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IBTX

Independent Bank

$67.05

(0.00%)

, GBNK

Guaranty Bancorp

$29.95

(0.00%)

14:25
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14:25
Conference/Events
Guaranty Bancorp to host special shareholder meeting »

Special Shareholder…

IBTX

Independent Bank

$67.05

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GBNK

Guaranty Bancorp

$29.95

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14:20
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General news
FOMC began its 2-day meeting and will announce its decision at 14 ET Wednesday »

FOMC began its 2-day…

CRM

Salesforce

$158.62

-0.235 (-0.15%)

, AAPL

Apple

$222.01

1.22 (0.55%)

14:19
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Hot Stocks
Salesforce Co-CEO Benioff says 'economy is still ripping' »

Marc Benioff is being…

CRM

Salesforce

$158.62

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AAPL

Apple

$222.01

1.22 (0.55%)

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
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Technical Analysis
NASDAQ market internals summary »

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