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SBUX

Starbucks

$54.52

-1.11 (-2.00%)

, ALB

Albemarle

$113.28

-2.13 (-1.85%)

10:39
08/09/17
08/09
10:39
08/09/17
10:39

On The Fly: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Starbucks (SBUX) downgraded on more cautious U.S. comp sales outlook at BMO Capital with analyst Andrew Strelzik saying he's "more cautious" on the outlook for the company's U.S. comparable sales, partly due to increased cannibalization of stores, increased competition, "throughput headwinds," and the possibility that "contributions from beverage innovation and food growth may have peaked." 2. Albemarle (ALB) downgraded to Hold from Buy at SunTrust with analyst James Sheehan citing recent share strength. 3. Dean Foods (DF) downgraded to Market Perform from Outperform at Wells Fargo with analyst John Baumgartnerm citing the second quarter miss and "big" guidance reduction. 4. Air Lease (AL) downgraded to Neutral from Buy at BofA/Merrill with analyst Kristine Liwag citing valuation. 5. AIG (AIG) downgraded to Neutral from Overweight at Atlantic Equities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

SBUX

Starbucks

$54.52

-1.11 (-2.00%)

ALB

Albemarle

$113.28

-2.13 (-1.85%)

DF

Dean Foods

$12.00

0.135 (1.14%)

AL

Air Lease

$41.17

-1.3196 (-3.11%)

AIG

AIG

$63.99

-0.58 (-0.90%)

  • 23

    Aug

  • 02

    Nov

  • 25

    Jan

SBUX Starbucks
$54.52

-1.11 (-2.00%)

08/09/17
BMOC
08/09/17
DOWNGRADE
BMOC
Market Perform
Starbucks downgraded to Market Perform from Outperform at BMO Capital
08/09/17
BMOC
08/09/17
DOWNGRADE
BMOC
Market Perform
Starbucks downgraded on more cautious U.S. comp sales outlook at BMO Capital
As noted earlier, BMO Capital downgraded Starbucks to Market Perform from Outperform. Analyst Andrew Strelzik says he's "more cautious" on the outlook for the company's U.S. comp sales, partly due to increased cannibalization of stores, increased competition, "throughput headwinds," and the possibility that "contributions from beverage innovation and food growth may have peaked."
07/28/17
07/28/17
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. Starbucks (SBUX) was downgraded to Neutral from Buy at Guggenheim and to Hold from Buy at Stifel. 2. Spirit Airlines (SAVE) was downgraded to Neutral from Buy at Buckingham and BofA/Merrill and to In-Line from Outperform at Imperial Capital. 3. Flowers Foods (FLO) downgraded to Hold from Buy at Jefferies with analyst Akshay Jagdale saying his positive thesis on bread industry pricing becoming more rational has not played out. 4. AstraZeneca (AZN) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Vincent Meunier saying shares look fairly valued as he removed MYSTIC from his models. 5. U.S. Steel (X) downgraded to Sell from Neutral at Citi with analyst Alexander Hacking saying he sees downside risk to U.S. flat rolled prices for the remainder of 2017. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/28/17
JPMS
07/28/17
NO CHANGE
Target $62
JPMS
Overweight
Starbucks nearing sub-$55 level JPMorgan's been waiting for
JPMorgan analyst John Ivanko says Starbucks is now approaching the sub-$55 per share level he's been waiting for. The stock in premarket trading is down $3.93 to $55.57 following last night's Q3 earnings report. He believes the company's 15%-20% five-year earnings growth rate given in December 2016 is being re-evaluated with any revisions coming on the Q4 earnings release. The analyst sees the "reasonable" earnings growth rate as 10%-15%. Ivanko trimmed his price target for the shares to $62 from $63 and keeps an Overweight rating on Starbucks.
ALB Albemarle
$113.28

-2.13 (-1.85%)

08/09/17
RHCO
08/09/17
DOWNGRADE
Target $121
RHCO
Hold
Albemarle downgraded to Hold from Buy at SunTrust
SunTrust analyst James Sheehan downgraded Albemarle to Hold with a $121 price target citing recent share strength.
08/09/17
BARD
08/09/17
NO CHANGE
Target $135
BARD
Outperform
Albemarle still best positioned to benefit from lithium demand, says Baird
Baird analyst Ben Kallo noted Albermarle management reiterated 2017 guidance and still expects the lithium market to grow in excess of 35% year over year. The analyst noted capacity expansion efforts remain on track and favorable market conditions should contribute to a solid second half 2017. He recommends investors buy the shares after the post-earnings downward pressure subsides. Kallo reiterated his Buy rating and $135 price target on Albermarle shares.
08/09/17
RBCM
08/09/17
NO CHANGE
RBCM
Albemarle should be bought on weakness, says RBC Capital
RBC Capital analyst Arun Viswanathan says Albermarle bulls were probably disappointed by the company's failure to raise its guidance. However, the analyst thinks that the company's pricing power should be boosted into 2018 by "favorable lithium supply/demand dynamics." He recommends buying the stock on weakness.
08/04/17
AGIS
08/04/17
NO CHANGE
Target $125
AGIS
Buy
Albemarle pullback on weather issues would be a buying opportunity, says Aegis
Aegis analyst Chris Kapsch believes media reports suggesting Albemarle's lithium production in Chile may have been disrupted by extreme weather in early June "could prove credible," but he thinks any pullback if the company acknowledges any weather-related production disruption would be a buying opportunity given EV adoption may be accelerating and there are projections for lithium prices to likely increase in both 2018 and 2019. Kapsch has a Buy rating and $125 price target on Albemarle ahead of its Q2 report next week.
DF Dean Foods
$12.00

0.135 (1.14%)

08/08/17
VERT
08/08/17
DOWNGRADE
VERT
Hold
Dean Foods downgraded to Hold from Buy at Vertical Research
08/08/17
08/08/17
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. 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.
08/09/17
WELS
08/09/17
DOWNGRADE
Target $12
WELS
Market Perform
Dean Foods downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst John Baumgartnerm downgraded Dean Foods to Market Perform and cut his price target for the shares to $12 from $25 citing the Q2 miss and "big" guidance reduction. The analyst needs more visibility on margins before viewing Dean as a value story. He adds that a takeout by a strategic buyer "could be possible."
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.
AL Air Lease
$41.17

-1.3196 (-3.11%)

07/10/17
LEHM
07/10/17
INITIATION
Target $48
LEHM
Overweight
Air Lease initiated with an Overweight at Barclays
Barclays analyst Mark DeVries started Air Lease with an Overweight rating and $48 price target. The analyst views the air lessors as "relatively ignored" but attractive investments. It is hard to find lending stocks that consistently generate low to mid-teen cash return on equity but trade at or below book value, the analyst contends.
08/09/17
BOFA
08/09/17
DOWNGRADE
Target $44
BOFA
Neutral
Air Lease downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill analyst Kristine Liwag downgraded Air Lease to Neutral on valuation and maintained a $44 price target.
04/06/17
MSCO
04/06/17
DOWNGRADE
MSCO
Equal Weight
Air Lease downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Rajeev Lalwani downgraded Air Lease to Equal Weight and raised his price target to $42 from $40 telling investors shares have had a solid run and faces headwinds from peaking airline profits and order activity.
01/04/17
COMP
01/04/17
INITIATION
Target $46
COMP
Buy
Air Lease initiated with a Buy at Compass Point
Compass Point analyst Scott Valentin initiated Air Lease with a Neutral and a $46 price target due to high level of earnings visibility given the robust order book and high percentage of future deliveries placed, high level of profitability as evidenced by strong profit margin and relatively high ROE, and is best positioned among lessors to benefit from a reduction in the corporate tax rate.
AIG AIG
$63.99

-0.58 (-0.90%)

07/05/17
DBAB
07/05/17
NO CHANGE
Target $57
DBAB
Sell
AIG Q2 results could be negative catalyst, says Deutsche Bank
Deutsche Bank analyst Joshua Shanker recommends investors consider that AIG's earnings results could be a negative catalyst. The analyst advises investor caution saying the company faces difficult year-ago comparables. He also believes the new CEO "will have no reason to paint the numbers as any better than they are." Shanker has a Sell rating on AIG with a $57 price target.
05/16/17
05/16/17
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. AIG (AIG) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Kai Pan citing the "strong" new Chief Executive Officer and attractive valuation. 2. Yum! Brands (YUM) upgraded to Buy from Hold at Argus with analyst John Staszak citing the company's decision to refranchise an additional 5% of its stores and institute additional cost cutting measures as reasons for the upgrade. 3. Dr Pepper Snapple (DPS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Dara Mohsenian saying the company's organic sales growth is accelerating driven by an improved competitive outlook as Coca Cola (KO) and Pepsi (PEP) focus on using cash flow from the U.S. carbonated soft drink segment in high growth areas. 4. Regal Entertainment (RGC) upgraded to Buy from Hold at Loop Capital with analyst David Millerciting recent weakness in shares and has confidence the company will pay a special dividend to shareholders around the fourth quarter or in the first half of 2018. 5. Vipshop (VIPS) upgraded to Overweight from Neutral at JPMorgan. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/09/17
ATLE
08/09/17
DOWNGRADE
ATLE
Neutral
AIG downgraded to Neutral from Overweight at Atlantic Equities
05/16/17
MSCO
05/16/17
UPGRADE
Target $72
MSCO
Overweight
AIG upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Kai Pan upgraded AIG to Overweight and increased its price target to $72 from $70 due to the "strong" new CEO and attractive valuation. The analyst said new CEO Brian Duperreault is an industry veteran with a strong track record that can drive sustainable and profitable growth.

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Deere

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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:08
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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:07
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GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

, INVA

Innoviva

$13.42

0.01 (0.07%)

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GSK, Innoviva submit data to FDA for expanded Trelegy Ellipta label »

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GlaxoSmithKline

$35.06

0.25 (0.72%)

INVA

Innoviva

$13.42

0.01 (0.07%)

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SVM

Silvercorp Metals

$2.51

-0.07 (-2.71%)

07:52
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Silvercorp Metals to buy back up to 5% of shares »

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CEL

Cellcom Israel

$10.00

-0.1 (-0.99%)

07:49
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GASS

StealthGas

$4.07

0.36 (9.70%)

07:06
11/23/17
11/23
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CPRT

Copart

$41.01

4.31 (11.74%)

07:02
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Recommendations
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  • 19

    Dec

DE

Deere

$145.25

6.02 (4.32%)

06:56
11/23/17
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06:56
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06:56
Upgrade
Deere rating change at Deutsche Bank »

Deere upgraded to Buy…

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  • 28

    Nov

DE

Deere

$145.25

6.02 (4.32%)

06:55
11/23/17
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06:55
Recommendations
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  • 28

    Nov

06:40
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11/23
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06:40
General news
FX Update: The dollar has remained on a weakening track »

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SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
Seeco Holding management to meet with Jefferies »

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  • 23

    Nov

04:55
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Conference/Events
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BASFY

BASF

$27.39

-0.13 (-0.47%)

04:55
11/23/17
11/23
04:55
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04:55
Conference/Events
BASF management to meet with Evercore ISI »

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RBS

RBS

$7.30

-0.04 (-0.54%)

04:55
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04:55
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04:55
Conference/Events
RBS management to meet with Jefferies »

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L

Loews

$49.36

-0.02 (-0.04%)

, GE

General Electric

$18.15

0.32 (1.79%)

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Loews

$49.36

-0.02 (-0.04%)

GE

General Electric

$18.15

0.32 (1.79%)

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BRFS

BRF S.A.

$12.77

-0.16 (-1.24%)

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SU

Suncor

$35.42

0.2 (0.57%)

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  • 05

    Dec

SAP

SAP

$113.85

-1.44 (-1.25%)

17:53
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11/22
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17:53
Periodicals
SAP launches investigation of sales practices in Gulf region, Reuters reports »

SAP has launched a formal…

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