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XEC

Cimarex Energy

$96.74

2.88 (3.07%)

, SWN

Southwestern Energy

$5.32

0.14 (2.70%)

09:55
08/09/17
08/09
09:55
08/09/17
09:55

Early notable gainers among liquid option names on August 9th

Notable gainers among liquid option names this morning include Cimarex Energy (XEC) $99.44 +5.44, Southwestern Energy (SWN) $5.34 +0.15, McCormick (MKC) $95.10 +2.05, Cabot Oil & Gas (COG) $25.11 +0.54, and Iron Mountain (IRM) $37.95 +0.78.

XEC

Cimarex Energy

$96.74

2.88 (3.07%)

SWN

Southwestern Energy

$5.32

0.14 (2.70%)

MKC

McCormick

$94.22

1.205 (1.30%)

COG

Cabot Oil & Gas

$24.96

0.39 (1.59%)

IRM

Iron Mountain

$37.85

0.67 (1.80%)

  • 09

    Aug

  • 09

    Aug

XEC Cimarex Energy
$96.74

2.88 (3.07%)

06/21/17
GHSC
06/21/17
DOWNGRADE
Target $77
GHSC
Sell
Cimarex Energy downgraded to Sell from Neutral at Seaport Global
Seaport Global analyst Mike Kelly downgraded Cimarex to Sell and slashed its price target to $77 from $141 to reflect a new commodity price deck. Seaport Global's Energy team reduced its long-term oil forecast to $40/bbl from $50/bbl to reflect "relentless" US production growth. The firm sees the potential for the oil market to be "significantly over supplied in 2018 and cut its oil price forecast for first half 2017 to $45/bbl from $55/bbl and first half 2018 to $35/bbl from $55/bbl.
06/15/17
WOLF
06/15/17
DOWNGRADE
WOLF
Peer Perform
Cimarex Energy downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research transitioned coverage on Cimarex Energy with a Peer Perform from Outperform rating.
06/07/17
PIPR
06/07/17
DOWNGRADE
Target $161
PIPR
Neutral
Cimarex Energy assumed with a Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst David Kistler downgraded Cimarex Energy to Neutral with a $161 price target upon assuming coverage of the name. The analyst sees "increasing possibility" of range-bound oil prices in 2018, which he believes impacts the company's production growth.
06/01/17
FBCO
06/01/17
INITIATION
Target $138
FBCO
Neutral
Cimarex Energy initiated with a Neutral at Credit Suisse
Credit Suisse analyst Nitin Kumar initiated Cimarex Energy with a Neutral and a $138 price target citing premium valuation.
SWN Southwestern Energy
$5.32

0.14 (2.70%)

03/03/17
03/03/17
UPGRADE
Target $8

Hold
Southwestern Energy upgraded to Hold at Jefferies
As previously reported, Jefferies analyst Zach Parham upgraded Southwestern Energy to Hold from Underperform, saying that the stock's roughly 30% decline year-to-date has pushed the shares to near fair value. The analyst, who remains bullish on gas prices, keeps his price target on the stock at $8.
03/15/17
SBSH
03/15/17
UPGRADE
Target $10
SBSH
Buy
Southwestern Energy upgraded to Buy from Neutral at Citi
Citi analyst Robert Morris upgraded Southwestern Energy to Buy citing valuation with the stock down 50% since reaching a recent peak in early September last year. The analyst lowered his price target for the shares to $10 from $14.
03/23/17
STFL
03/23/17
INITIATION
STFL
Buy
Southwestern Energy initiated with a Buy at Stifel
Stifel analyst Karl Chalabala started coverage of Southwestern Energy with a $10 price target and a Buy rating. As reasons for the rating, the analyst cited valuation, his belief that the company will benefit disproportionately from a Gulf Coast gas shortage in 2018, and upcoming gas pricing gains. Target $10.
04/19/17
COWN
04/19/17
UPGRADE
Target $11
COWN
Outperform
Southwestern Energy upgraded to Outperform from Market Perform at Cowen
Cowen analyst Charles Robertson upgraded Southwestern Energy to Outperform and lowered its price target to $11 from $14 given its strong production growth outlook, year-to-date underperformance, insulation to service costs, and upside to ethane pricing.
MKC McCormick
$94.22

1.205 (1.30%)

06/16/17
GSCO
06/16/17
INITIATION
Target $101
GSCO
Neutral
McCormick initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Adam Samuelson started McCormick with a Neutral rating and $101 price target. The analyst views the valuation as full and believes e-commerce disruption risk is high.
06/16/17
06/16/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Hasbro (HAS) initiated with a Buy at Argus. 2. Kindred Biosciences (KIN) initiated with a Buy at Aegis. 3. Stanley Black & Decker (SWK) was initiated with a Buy at Seaport Global and resumed with an Outperform at Raymond James. 4. McCormick (MKC) initiated with a Neutral at Goldman Sachs. 5. Texas Instruments (TXN) resumed with a Market Perform at Raymond James. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/30/17
FBCO
06/30/17
NO CHANGE
Target $108
FBCO
Outperform
McCormick sets up for 'beat-and-raise' Q3 report, says Credit Suisse
Credit Suisse analyst Robert Moskow said he was surprised by the negative reaction in McCormick shares following the company's Q2 report and reiteration of its FY17 earnings outlook. He thinks strong volume growth, international price increases and easier gross margin comparisons will drive Q3 results and give management sufficient visibility to raise its earnings guidance at that time. The analyst, who notes that his $4.53 EPS estimate for 2018 is well above consensus, keeps an Outperform rating on McCormick shares.
07/28/17
JEFF
07/28/17
UPGRADE
Target $110
JEFF
Buy
McCormick upgraded to Buy from Hold at Jefferies
Jefferies analyst Akshay Jagdale upgraded McCormick to Buy and raised his price target for the shares to $110 from $95. The analyst believes the recent underperformance provides a good entry point and thinks the RB Foods acquisition will accelerate earnings growth .
COG Cabot Oil & Gas
$24.96

0.39 (1.59%)

08/01/17
08/01/17
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. Rockwell Collins (COL) upgraded to Buy from Hold at Canaccord with analyst Ken Herbert saying the selloff when Boeing (BA) said it would establish an avionics unit that could eventually bring more work in-house. 2. American Airlines (AAL) and Spirit Airlines (SAVE) were upgraded to Overweight from Neutral at JPMorgan. 3. Cabot Oil & Gas (COG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Drew Venker saying Cabot offers "excellent" risk/reward in a volatile oil/gas price environment and said downside is limited from lower gas prices, due to a strong balance sheet and free cash flow. 4. Southern Company (SO) upgraded to Buy from Hold at Deutsche Bank with analyst Jonathan Arnold citing news that Scana (SCG) plans to abandon its two new nuclear units at the V.C. Summer site in South Carolina. 5. National Grid (NGG) upgraded to Buy from Hold at Berenberg with analyst Andrew Fisher citing the selloff in shares which creates favorable risk/reward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/17
08/01/17
UPGRADE
Target $31

Overweight
Cabot Oil & Gas upgraded to Overweight at Morgan Stanley
As previously reported, Morgan Stanley upgraded Cabot Oil & Gas to Overweight from Equal Weight and increased its price target to $31 from $24. Analyst Drew Venker said Cabot offers "excellent" risk/reward in a volatile oil/gas price environment and said downside is limited from lower gas prices due to a strong balance sheet and free cash flow. The analyst said shares trade in line with peers despite much stronger metrics of exceptional capital efficiency and free cash flow.
08/01/17
MSCO
08/01/17
UPGRADE
MSCO
Overweight
Cabot Oil & Gas upgraded to Overweight from Equal Weight at Morgan Stanley
07/18/17
WILL
07/18/17
DOWNGRADE
WILL
Hold
Cabot Oil & Gas downgraded to Hold from Buy at Williams Capital
IRM Iron Mountain
$37.85

0.67 (1.80%)

06/07/17
DBAB
06/07/17
DOWNGRADE
Target $30
DBAB
Sell
Iron Mountain downgraded to Sell from Hold at Deutsche Bank
Deutsche Bank analyst Kevin McVeigh downgraded Iron Mountain to Sell and lowered his price target for the shares to $30 from $41. The favorable interest rate environment has provided a selling opportunity in front of "seasonal summer slack," McVeigh tells investors in a research note. The analyst sees a lack of near-term catalysts and prefers to revisit the shares if rates go lower or if internal growth exceeds expectations.
02/22/17
DBAB
02/22/17
INITIATION
Target $39
DBAB
Hold
Iron Mountain initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Kevin McVeigh started Iron Mountain with a Hold rating and $39 price target.
10/11/16
PIPR
10/11/16
NO CHANGE
Target $48
PIPR
Overweight
Piper sees 'attractive upside' in Iron Mountain shares
Piper Jaffray analyst George Tong sees "attractive upside" in Iron Mountain with the shares down 18% over the past three months. The analyst is "incrementally more confident" in improving services revenue trends and highlights the "durability" of the company's records storage revenue growth. He remains a buyer of the stock with an Overweight rating and $48 price target.

TODAY'S FREE FLY STORIES

KSU

Kansas City Southern

$105.80

-0.07 (-0.07%)

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RXII

RXi Pharmaceuticals

$0.58

-0.02 (-3.36%)

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WIN

Windstream

$1.98

0.06 (3.13%)

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CVM

CEL-SCI

$2.44

-0.22 (-8.27%)

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Breaking Syndicate news story on CEL-SCI »

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TRN

Trinity Industries

$28.20

-0.03 (-0.11%)

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LPTN

Lpath

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PGR

Progressive

$48.63

0.12 (0.25%)

17:08
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Progressive CFO sells 50,000 common shares »

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TMO

Thermo Fisher

$172.57

-0.32 (-0.19%)

17:06
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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%)

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Southern Missouri Bancorp and Southern Missouri Bancshares to merge »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

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Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

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Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

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Breaking Hot Stocks news story on Icahn Enterprises »

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IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

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Icahn no longer special advisor to President Trump on regulatory reform issues »

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NVTA

Invitae

$9.60

0.05 (0.52%)

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Breaking Syndicate news story on Invitae »

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NVTA

Invitae

$9.60

0.05 (0.52%)

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Breaking Syndicate news story on Invitae »

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MU

Micron

$30.38

0.76 (2.57%)

16:48
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Micron director sells 25,000 common shares »

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  • 29

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  • 06

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INSY

Insys Therapeutics

$9.17

-0.11 (-1.19%)

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Insys agrees to pay $4.45M to settle opioid marketing suit »

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AKTX

Akari Therapeutics

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JMBA

Jamba

$9.11

-0.04 (-0.44%)

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HIL

Hill International

$4.50

0.2 (4.65%)

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TGT

Target

$55.65

-0.47 (-0.84%)

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16:30
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Options
Preliminary option volume of 23.2M today »

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NBEV

New Age Beverages

$3.51

-0.49 (-12.25%)

16:29
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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%)

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ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

ESV

Ensco

$4.28

0.12 (2.88%)

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NSRGY

Nestle

$83.76

-0.1 (-0.12%)

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