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AA

Alcoa

$38.94

-0.64 (-1.62%)

, BHF

Brighthouse Financial

$56.90

-4.82 (-7.81%)

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

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alcoa (AA) initiated with a Neutral at Credit Suisse. 2. Brighthouse Financial (BHF) initiated with an In Line at Evercore ISI. 3. Sage Therapeutics (SAGE) coverage resumed with a Buy at Stifel. 4. Pyxis Tankers (PXS) initiated with a Buy at Aegis. 5. Triumph Bancorp (TBK) assumed with an Outperform at Keefe Bruyette. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

AA

Alcoa

$38.94

-0.64 (-1.62%)

BHF

Brighthouse Financial

$56.90

-4.82 (-7.81%)

SAGE

Sage Therapeutics

$84.40

-4.11 (-4.64%)

PXS

Pyxis Tankers

$1.72

-0.02 (-1.15%)

TBK

Triumph Bancorp

  • 29

    Aug

  • 18

    Sep

AA Alcoa
$38.94

-0.64 (-1.62%)

06/26/17
06/26/17
NO CHANGE
Target $45

Buy
Citi sees 'significant upside' in Aloca amid China crackdown
Citi analyst Alexander Hacking believes China's crackdown on illegal aluminum smelting will drive "significant upside" for shares of Alcoa. The past week has seen announcements that would suspend 440kT or 1% of operating capacity, Hacking tells investors in a research note. He has a Buy rating on the shares with a $45 price target.
08/09/17
FBCO
08/09/17
INITIATION
Target $42
FBCO
Neutral
Alcoa initiated with a Neutral at Credit Suisse
Credit Suisse analyst Curt Woodworth started Alcoa with a Neutral rating and a $42 price target.
06/27/17
MSCO
06/27/17
NO CHANGE
Target $47
MSCO
Overweight
Alcoa price target raised to $47 from $43 at Morgan Stanley
Morgan Stanley analyst Evan Kurtz raised Alcoa's price target to $47 from $43 on a rollout of valuation and left 2017 estimates largely unchanged. Kurtz said Buy rated Alcoa is a top pick in the group and believes late summer should be a good entry point ahead of the Chinese winter aluminum cuts.
07/20/17
SBSH
07/20/17
NO CHANGE
Target $45
SBSH
Buy
Alcoa buy thesis unchanged after Q2 miss, says Citi
Citi analyst Alexander Hacking says the "modest" Q2 miss reported by Alcoa does not change his buy thesis. Higher ali prices will be sustained by Chinese supply-side reform and Alcoa will continue with "solid execution and sensible capital allocation," the analyst writes in a post-earnings research note. He keeps a Buy rating on the shares with a $45 price target.
BHF Brighthouse Financial
$56.90

-4.82 (-7.81%)

08/09/17
EVER
08/09/17
INITIATION
Target $68
EVER
In Line
Brighthouse Financial initiated with an In Line at Evercore ISI
Evercore ISI analyst Thomas Gallagher initiated Brighthouse Financial with an In Line and a $68 price target given weaker visibility of free cash flow for the next few years, and volatility of both GAAP and statutory net income.
08/08/17
08/08/17
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. Amazon.com (AMZN), Alphabet (GOOG, GOOGL), and Facebook (FB) were reinstated with a Buy at Mizuho, while eBay (EBAY) and Twitter (TWTR) were reinstated with an Underperform. 2. Broadridge (BR) initiated with a Neutral at DA Davidson. 3. Brighthouse Financial (BHF) initiated with an Overweight at Barclays. 4. Akcea Therapeutics (AKCA) WAS initiated with an Outperform at BMO Capital and Cowen, an Outperform at Wells Fargo, as well as a Buy at Stifel. 5. Lockheed Martin (LMT) and Raytheon (RTN) were initiated with an Overweight at Morgan Stanley, while Northrop Grumman (NOC) was initiated with an Equal Weight, and General Dynamics (GD) was initiated with an Underweight at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/17
LEHM
08/08/17
INITIATION
Target $72
LEHM
Overweight
Brighthouse Financial initiated with an Overweight at Barclays
Barclays analyst Jay Gelb started Brighthouse Financial with an Overweight rating and $72 price target. The current valuation is "seems too cheap to ignore," the analyst contends. He believes investor sentiment is already unfavorable with potential to improve.
08/07/17
08/07/17
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. XPO Logistics (XPO) resumed with an Outperform at William Blair. 2. BlackBerry (BBRY) reinstated with a Sell at Goldman Sachs. 3. Brighthouse Financial (BHF) was initiated with a Sell at Citi, a Market Perform at Keefe Bruyette, FBR Capital, and Wells Fargo, a Sector Perform at RBC Capital, and a Neutral at Credit Suisse. 4. Zoetis (ZTS) reinstated with a Neutral at Goldman Sachs. 5. BeiGene (BGNE) initiated with a Buy at Ladenburg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
SAGE Sage Therapeutics
$84.40

-4.11 (-4.64%)

08/09/17
STFL
08/09/17
INITIATION
STFL
Buy
Sage Therapeutics coverage resumed with a Buy at Stifel
Stifel analyst Adam Walsh resumed coverage of Sage with a $104 price target and a Buy rating. Walsh thinks that "a host of clinical catalysts" can lift the stock over the next year.
08/04/17
NEED
08/04/17
NO CHANGE
Target $95
NEED
Buy
Sage Therapeutics price target raised to $95 from $82 at Needham
Needham analyst Danielle Brill noted that Sage Therapeutics plans to report data from seven trials by year end and she has adjusted her model to reflect the potential for SAGE-217 in major depressive disorder and essential tremor. Given the adjustments, she raised her price target on Sage to $95 from $82 and keeps a Buy rating on the stock.
08/04/17
HCWC
08/04/17
NO CHANGE
Target $86
HCWC
Neutral
Sage Therapeutics price target raised to $86 from $76 at H.C. Wainwright
H.C. Wainwright analyst Carol Ann Werther raised her price target for Sage Therapeutics to $86 following the company's Q2 earnings report. The price target reflects a six-month extension to mid-2018 from year-end 2017. The analyst sees upside to her model for SAGE-217 in major depressive disorder and Parkinson's, which should have Phase 2 results by year-end. Werther keeps a Neutral rating on Sage.
06/20/17
LEER
06/20/17
NO CHANGE
Target $97
LEER
Outperform
Sage Therapeutics price target raised to $97 from $90 at Leerink
Leerink analyst Paul Matteis raised his price target for Sage Therapeutics to $97 citing higher odds of success for SAGE-547 in postpartum depression. The analyst's increased confidence in SAGE-547 is based off the recent publication of Phase II results in Lancet, which he believes "offered further corroboration of the successful result via the disclosure of additional positive analyses on various secondary endpoints." He boosted his probability of success for postpartum depression to 75%. Matteis, however, believes the near-term setup for Sage shares is "more complex" following the recent delay of Phase III SAGE-547 Status data to Q3. He reiterates an Outperform rating on the name.
PXS Pyxis Tankers
$1.72

-0.02 (-1.15%)

12/20/16
MAXM
12/20/16
INITIATION
Target $4
MAXM
Buy
Pyxis Tankers initiated with a Buy at Maxim
Maxim analyst James Jang initiated Pyxis Tankers with a Buy rating and $4 price target, calling it a pure play modern medium range tanker player with "class-leading" operational costs.
08/09/17
AGIS
08/09/17
INITIATION
Target $3.5
AGIS
Buy
Pyxis Tankers initiated with a Buy at Aegis
Aegis analyst Jeffrey Kauffman initiated Pyxis Tankers with a Buy and a $3.50 price target saying the company is well positioned for upside in product tanker volumes and rates.
TBK Triumph Bancorp

05/26/17
WELS
05/26/17
UPGRADE
Target $27
WELS
Outperform
Triumph Bancorp upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Jared Shaw upgraded Triumph Bancorp to Outperform saying the current market discount on the shares is unwarranted. After spending time with management, the analyst has "renewed confidence" in his earnings estimates and $27 price target. Triumph't loan trends appear strong, reversing weaker trends in Q1, Shaw tells investors.
08/09/17
KBWI
08/09/17
INITIATION
Target $33
KBWI
Outperform
Triumph Bancorp assumed with an Outperform at Keefe Bruyette
Keefe Bruyette analyst assumed coverage of Triumph Bancorp with an Outperform rating and $33 price target.
07/21/17
07/21/17
DOWNGRADE
Target $29

Market Perform
Triumph Bancorp downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Stephen Moss downgraded Triumph Bancorp to Market Perform with a $29 price target citing valuation following the company's Q2 results. Piper Jaffray this morning upgraded the shares to Overweight.
07/21/17
PIPR
07/21/17
UPGRADE
Target $32
PIPR
Overweight
Triumph Bancorp upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Brett Rabatin upgraded Triumph Bancorp to Overweight and raised his price target for the shares to $32 from $26.50. Following the Q2 results, the company's earnings the outlook for FY18 is "too impressive to remain on the sidelines," the analyst says.

TODAY'S FREE FLY STORIES

TWX

Time Warner

$88.72

0.71 (0.81%)

, GE

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$18.21

-0.04 (-0.22%)

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IBM

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BHGE

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HMC

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$32.62

0.02 (0.06%)

GLPG

Galapagos NV

$90.83

-0.66 (-0.72%)

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BABA

Alibaba

$185.13

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TWX

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$88.72

0.71 (0.81%)

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CMCSA

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CMCSK

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SNE

Sony

$46.17

0.07 (0.15%)

FOX

21st Century Fox

$30.48

1.88 (6.57%)

FOXA

21st Century Fox

$31.15

1.83 (6.24%)

LGF.A

Lionsgate

$32.59

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DIS

Disney

$103.44

-0.16 (-0.15%)

VIAB

Viacom

$26.15

2.46 (10.38%)

VIA

Viacom

$33.00

2.9 (9.63%)

03/08/13
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GE

General Electric

$18.21

-0.04 (-0.22%)

17:10
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GE yet to decide which directors will lose seats, WSJ reports »

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GLPG

Galapagos NV

$90.83

-0.66 (-0.72%)

17:01
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BA

Boeing

$262.26

-1.44 (-0.55%)

16:55
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SBLK

Star Bulk Carriers

$9.60

0.19 (2.02%)

16:53
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11/19
16:53
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16:53
Earnings
Star Bulk Carriers reports Q3 adjusted EPS (8c), consensus (5c) »

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  • 20

    Nov

  • 28

    Nov

BDRBF

Bombardier

$2.43

0.0007 (0.03%)

16:22
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Bombardier predicts Latin America's 60-150 seat aircraft fleet will double »

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  • 28

    Nov

TSLA

Tesla

$315.05

2.55 (0.82%)

10:21
11/18/17
11/18
10:21
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10:21
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Tesla new super car to cost $200,000, Recode says »

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  • 20

    Nov

  • 21

    Nov

  • 16

    Jan

GT

Goodyear Tire

$29.94

0.63 (2.15%)

10:17
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  • 20

    Nov

  • 09

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  • 16

    Jan

HMC

Honda

$32.62

0.02 (0.06%)

10:05
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11/18
10:05
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10:05
Periodicals
Honda recalls 900,000 minivans on tip forward seats, Reuters says »

Honda Motor is recalling…

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03/08/13
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PG

Procter & Gamble

$88.43

-0.82 (-0.92%)

09:48
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Periodicals
Activist investors Nelson Peltz still in P&G picture, Barron's says »

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

, GE

General Electric

$18.21

-0.04 (-0.22%)

09:39
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Periodicals
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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

GE

General Electric

$18.21

-0.04 (-0.22%)

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  • 14

    Dec

CSCO

Cisco

$35.90

0.02 (0.06%)

09:19
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  • 27

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IBM

IBM

$148.97

-0.15 (-0.10%)

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  • 27

    Nov

GE

General Electric

$18.21

-0.04 (-0.22%)

09:05
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Option play offer some help given GE dividend, depressed stock, Barron's says »

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GE

General Electric

$18.21

-0.04 (-0.22%)

09:00
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Periodicals
Risk remains after GE dividend cut, Barron's says »

While buying General…

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TWX

Time Warner

$88.72

0.71 (0.81%)

, T

AT&T

$34.51

-0.01 (-0.03%)

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TWX

Time Warner

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T

AT&T

$34.51

-0.01 (-0.03%)

NYT

New York Times

$17.65

0.05 (0.28%)

TEX

Terex

$44.82

0.8 (1.82%)

03/08/13
Wedge Partners
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03/06/13
Citigroup
03/06/13
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  • 28

    Nov

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    Nov

TPIC

TPI Composites

$19.06

-0.97 (-4.84%)

07:25
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Conference/Events
TPI Composites to host investor day »

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  • 05

    Dec

SYNA

Synaptics

$38.21

0.57 (1.51%)

04:55
11/18/17
11/18
04:55
11/18/17
04:55
Conference/Events
Synaptics management to meet with KeyBanc »

Meeting to be held in the…

03/08/13
Wedge Partners
03/08/13
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Citigroup
03/06/13
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  • 18

    Nov

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

18:01
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11/17
18:01
11/17/17
18:01
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

S&P Dow Jones Indices…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 28

    Nov

  • 06

    Dec

WGL

WGL Holdings

$84.32

-0.14 (-0.17%)

18:01
11/17/17
11/17
18:01
11/17/17
18:01
Earnings
WGL Holdings reports Q4 adjusted EPS (17c), consensus (19c) »

Reports Q4 revenue…

03/08/13
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03/06/13
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03/06/13
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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

, LMOS

Lumos Networks

17:58
11/17/17
11/17
17:58
11/17/17
17:58
Hot Stocks
Tactile Systems to replace Lumos Networks in S&P 600 at open on 11/22 »

EQT Infrastructure…

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 28

    Nov

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

, MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

17:56
11/17/17
11/17
17:56
11/17/17
17:56
Hot Stocks
Breaking Hot Stocks news story on Invesco Mortgage, MKS Instruments »

Invesco Mortgage to…

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

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

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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

17:55
11/17/17
11/17
17:55
11/17/17
17:55
Hot Stocks
MKS Instruments to replace Brocade in S&P 400 at open on 11/22 »

S&P 500 constituent…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

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

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  • 06

    Dec

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