Breaking News Instant updates and real-time market news.

CP

Canadian Pacific

$159.22

1.82 (1.16%)

, TXT

Textron

$51.76

-0.57 (-1.09%)

04:55
09/15/17
09/15
04:55
09/15/17
04:55

Morgan Stanley to hold a conference

5th Annual Laguna Conference is being held in Laguna Nigel, CA on September 13-15.

CP

Canadian Pacific

$159.22

1.82 (1.16%)

TXT

Textron

$51.76

-0.57 (-1.09%)

AA

Alcoa

$44.80

-0.11 (-0.24%)

IR

Ingersoll-Rand

$90.02

-0.35 (-0.39%)

KALU

Kaiser Aluminum

$95.93

-0.83 (-0.86%)

ROK

Rockwell Automation

$172.15

2.26 (1.33%)

MMM

3M

$211.43

1.94 (0.93%)

XPO

XPO Logistics

$60.42

-0.63 (-1.03%)

HA

Hawaiian Holdings

$40.95

-0.3 (-0.73%)

ALV

Autoliv

$127.15

13.9 (12.27%)

NEFF

Neff

SCHN

Schnitzer Steel

$26.15

-0.55 (-2.06%)

WWD

Woodward

$72.36

-0.14 (-0.19%)

COL

Rockwell Collins

$131.35

0.14 (0.11%)

GDI

Gardner Denver

$24.97

0.3 (1.22%)

PAG

Penske Automotive

$44.21

-0.65 (-1.45%)

CLF

Cleveland-Cliffs

$7.10

-0.29 (-3.92%)

ATI

Allegheny Technologies

$22.38

-0.16 (-0.71%)

ALK

Alaska Air

$77.49

1.28 (1.68%)

WBT

Welbilt

$21.94

-0.42 (-1.88%)

ECHO

Echo Global

$15.85

-0.05 (-0.31%)

GWW

Grainger

$169.29

0.78 (0.46%)

GE

General Electric

$24.02

0.15 (0.63%)

CSX

CSX

$52.08

0.01 (0.02%)

FLOW

SPX FLOW

$35.79

-0.51 (-1.41%)

AME

Ametek

$65.26

0.25 (0.38%)

SKYW

SkyWest

$39.00

-0.5 (-1.27%)

CAT

Caterpillar

$120.48

0.85 (0.71%)

DOV

Dover

$90.04

1.46 (1.65%)

  • 15

    Sep

  • 18

    Sep

  • 19

    Sep

  • 02

    Oct

  • 02

    Oct

  • 04

    Oct

  • 05

    Oct

  • 17

    Oct

  • 17

    Oct

  • 24

    Oct

  • 29

    Oct

  • 30

    Oct

  • 30

    Oct

  • 24

    Jan

CP Canadian Pacific
$159.22

1.82 (1.16%)

08/24/17
LOOP
08/24/17
UPGRADE
LOOP
Buy
Canadian Pacific upgraded to Buy on valuation at Loop Capital
Loop Capital analyst Rick Paterson upgraded Canadian Pacific to Buy from Hold due to poor year-to-date performance and raised its price target to C$224 from C$222.
08/29/17
BMOC
08/29/17
NO CHANGE
BMOC
Railroad stock pullback has improved outlook, says BMO Capital
BMO Capital analyst Fadi Chamoun says that the decline of the valuation of railroad stocks in the wake of their Q2 results has made the sector more attractive. The analyst says that the outlook of products comprising 71% of railroad volumes is positive, and Chamoun remains upbeat on the sector's fundamentals. Chamoun keeps Outperform ratings on CSX (CSX), Union Pacific (UNP), Canadian Pacific (CP), and China Metro-Rural (CNR).
09/13/17
NATB
09/13/17
DOWNGRADE
NATB
Sector Perform
Canadian Pacific downgraded to Sector Perform from Outperform at National Bank
08/07/17
WOLF
08/07/17
DOWNGRADE
WOLF
Peer Perform
Canadian Pacific downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe analyst Scott Group downgraded Canadian Pacific to Peer Perform due to continued competition between Canadian rails, which will limit pricing and margin upside.
TXT Textron
$51.76

-0.57 (-1.09%)

04/20/17
BARD
04/20/17
NO CHANGE
Target $56
BARD
Outperform
Textron weakness a buying opportunity for long-term investors, says Baird
Baird analyst Peter Arment noted Textron reported a very soft margin performance in Q1 but said the outlook remains intact which supports the setup for operational improvements for the balance of 2017 and a return to the growth story at Textron Aviation in 2018. Arment said the weakness is a good buying opportunity for long-term investors and he reiterated his Outperform rating and $56 price target on Textron shares.
09/11/17
DRXL
09/11/17
UPGRADE
DRXL
Buy
Textron upgraded to Buy from Hold at Drexel Hamilton
07/20/17
FBCO
07/20/17
NO CHANGE
Target $55
FBCO
Outperform
Textron price target raised to $55 from $50 at Credit Suisse
Credit Suisse analyst Julian Mitchell raised his price target for Textron to $55 from $50 following Q2 results. The analyst reiterates an Outperform rating on the shares.
07/21/17
BOFA
07/21/17
DOWNGRADE
Target $45
BOFA
Underperform
Textron downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill downgraded Textron two notches to Underperform from Buy and cut its price target to $45 from $53. Analyst Ronald Epstein said medium term organic growth is being pressured by end market weakness in business jets, helicopters, and industrial products. The analyst lowered his 2018 earnings estimate to $2.80 from $2.95, 2019 to $3.15 from $3.35, 2020 to $3.45 from $3.70, and 2021 to $3.80 from $4.10.
AA Alcoa
$44.80

-0.11 (-0.24%)

08/09/17
08/09/17
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. 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.
08/21/17
JPMS
08/21/17
UPGRADE
Target $22
JPMS
Overweight
Century Aluminum upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Michael Gambardella noted that the firm's commodities research team raised its aluminum price forecast for 2018 by 7%, prompting him to upgrade Century Aluminum (CENX) to Overweight from Neutral and raise his price target on the stock to $22 from $15. Gambardella also raised his price target on Alcoa (AA) to $56 from $48.
09/12/17
09/12/17
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. Comerica (CMA) upgraded to Overweight from Neutral at Piper Jaffray with analyst Brett Rabatin saying the bank's mid-quarter update is better than expected. 2. Alcoa (AA) upgraded to Buy from Hold at Deutsche Bank with analyst Jorge Beristain basing the upgrade on the firm's commodity team raising its 2018 aluminum price forecast by 12% to $2,072 per ton. 3. Kroger (KR) upgraded to Buy from Hold at Pivotal Research with analyst Ajay Jain saying continued weakness in investor sentiment following Kroger's latest results presents a near-term buying opportunity. 4. Comcast (CMCSA) upgraded to Buy from Neutral at MoffettNathanson with analyst Craig Moffett saying Comcast shares cheap following management comments on third quarter subscriber loses and the resulting stock selloff is overdone. 5. Inovalon (INOV) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Ricky Goldwasser saying that the company's presentation at the firm's healthcare conference provided a line of sight to organic earnings acceleration in the second half of the year. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/12/17
DBAB
09/12/17
UPGRADE
Target $60
DBAB
Buy
Alcoa upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Jorge Beristain upgraded Alcoa to Buy and raised his price target for the shares to $60 from $44. The aluminum producer closed yesterday up 99c to $43.60. Beristain's upgrade follows Deutsche Bank's commodity team raising its 2018 aluminum price forecast by 12% to $2,072 per ton. The firm's new forecast is predicated upon capacity curtailments in China, reducing domestic surplus, and exports of aluminum products to Rest of World. As a result, Beristain increased his 2018 EBITDA estimates for Alcoa by 36% to $2.4B.
IR Ingersoll-Rand
$90.02

-0.35 (-0.39%)

07/26/17
STFL
07/26/17
NO CHANGE
STFL
Buy
Ingersoll-Rand weakness a 'gift,' reiterated as a Top Pick at Stifel
Stifel analyst Robert McCarthy said Ingersoll-Rand reported disappointed Commercial bookings and Climate margins due to copper and steel price/cost pressures. McCarthy said Bookings 12-month rolling data still indicates HSD growth visibility and views Climate margin pressures are understandable given the strong volume environment. He still expects 4% growth driving 35%+ incremental margin next year and made no changes to estimates. Given the relative value, and a breakup potential of $108, McCarthy views the selloff as a "gift" and an attractive buying opportunity.
08/03/17
ARGS
08/03/17
NO CHANGE
ARGS
Ingersoll-Rand weakness creates buying opportunity, says Argus
Argus analyst John Eade says that the recent weakness in Ingersoll-Rand has created a buying opportunity. The analyst expects the company to benefit from positive macro catalysts and its acquisitions going forward. He keeps a Buy rating on the shares.
07/27/17
UBSW
07/27/17
NO CHANGE
Target $97
UBSW
Buy
Ingersoll-Rand price target raised to $97 from $90 at UBS
UBS analyst Damian Karas raised his price target on Ingersoll-Rand to $97 from $90 following Q2 results. The analyst noted material prices may become a headwind but he said the climate outlook is intact as industrial growth and margins continue to improve. Karas reiterated his Buy rating on Ingersoll-Rand shares.
07/27/17
STFL
07/27/17
NO CHANGE
STFL
Ingersoll-Rand weakness creates buying opportunity, says Stifel
Stifel analyst Robert McCarthy says that Ingersoll-Rand reported "solid" Q2 EPS. He blames the subsequent decline in its stock on "weaker than expected margins at Climate and soft Commercial HVAC bookings in the quarter." Calling both of those issues "largely transitory," he thinks that the company can generate low teen percentage EPS growth in the future. He recommends buying the stock on weakness.
KALU Kaiser Aluminum
$95.93

-0.83 (-0.86%)

03/20/17
03/20/17
UPGRADE
Target $109

Buy
Kaiser Aluminum upgraded to Buy on 2018 earnings growth at Sidoti
As previously reported, Sidoti upgraded Kaiser Aluminum to Buy from Neutral and raised its price target to $109 from $81. Analyst Edward Marshall views valuation as attractive as he views 2017 as a transition year for the company and expects solid earnings growth to occur in 2018 driven by aerospace and automotive markets.
04/21/17
FBCO
04/21/17
NO CHANGE
Target $83
FBCO
Neutral
Kaiser Aluminum price target raised to $83 from $78 at Credit Suisse
Credit Suisse analyst Curt Woodworth raised his price target for Kaiser Aluminum to $83 from $78 to account for "solid" operational execution and EPS growth acceleration as Aero/HS recovers and Trentwood productivity recovers post upgrades. The analyst reiterates a Neutral rating on the shares.
08/07/17
COWN
08/07/17
DOWNGRADE
Target $97
COWN
Market Perform
Kaiser Aluminum downgraded to Market Perform on valuation at Cowen
Cowen analyst Novid Rassouli downgraded Kaiser Aluminum to Market Perform from Outperform saying shares are up 24% year-to-date and are fully valued. The analyst raised his price target on Kaiser to $97 from $96.
04/21/17
COWN
04/21/17
NO CHANGE
Target $96
COWN
Outperform
Kaiser Aluminum thesis intact, near-term challenges temporary, says Cowen
Cowen analyst Novid Rassouli noted that Kaiser Aluminum reported better than expected Q1 EBITDA citing strong general engineering shipments. However, the company said near-term challenges remain, including the aerospace destocking and Trentwood modernization that will make 2017 largely a transition year. Rassouli reiterated his Outperform rating and raised his price target to $96 from $92 on Kaiser Aluminum shares.
ROK Rockwell Automation
$172.15

2.26 (1.33%)

07/27/17
07/27/17
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. Boeing (BA) was upgraded to Outperform from Neutral at Credit Suisse, to Buy from Neutral at BofA/Merrill, to Neutral from Sell at Goldman Sachs, and to Sector Perform from Underperform at RBC Capital. 2. State Street (STT) upgraded to In Line from Underperform at Evercore ISI with analyst Glenn Schorr citing improved execution and expects share to perform inline with the group despite continued fee pressure and competitive threats. 3. Vermilion Energy (VET) upgraded to Outperform from Sector Perform at RBC Capital. 4. DDR Corp. (DDR) upgraded to Buy from Hold at Deutsche Bank with analyst Vin Chao saying new management's progress towards balance sheet and disposition plans has much improved FFO visibility. 5. Rockwell Automation (ROK) upgraded to Neutral from Underweight at JPMorgan with analyst C. Stephen Tusa saying the company reported another quarter of "strong organic growth and solid fundamentals." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/04/17
WELS
04/04/17
NO CHANGE
WELS
ABB acquisition should provide support for Rockwell Automation, says Wells Fargo
Following the announcement that ABB (ABB) plans to acquire Bernecker & Rainer Industrie- Elektronik, Wells Fargo analyst Richard Kwas says the deal should provide support for Rockwell Automation's (ROK) shares, and should be a positive read through for the latter. The acquisition fills gaps for ABB in discrete automation, the analyst notes, adding that ABB could become a "more formidable competitor" in discrete. Separately, Kwas acknowledges that he had thought that Bernecker & Rainer Industrie- Elektronik may have been a "good fit" for Emerson (EMR), which he expects to execute additional M&A later in the year.
04/19/17
GABE
04/19/17
UPGRADE
GABE
Hold
Rockwell Automation upgraded to Hold from Sell at Gabelli
Gabelli upgraded Rockwell Automation to Hold with a $164 per share 2018 PMV due to strength in the consumer and automotive segments and potential M&A.
07/27/17
JPMS
07/27/17
UPGRADE
Target $153
JPMS
Neutral
Rockwell Automation upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst C. Stephen Tusa upgraded Rockwell Automation to Neutral saying the company reported another quarter of "strong organic growth and solid fundamentals." In a research note partially titled "We Were Wrong," the analyst maintains a $153 price target for the shares.
MMM 3M
$211.43

1.94 (0.93%)

04/26/17
ARGS
04/26/17
NO CHANGE
ARGS
3M price target raised to $220 from $197 at Argus
Argus analyst John Eade says that 3M is "poised to deliver low to mid-single-digit organic sales growth," which could help enable its earnings to rise by at least 10% over the next five years. He expects the company to get a boost from global economic growth and its new products. He keeps a Buy rating on the stock.
08/14/17
SBSH
08/14/17
NO CHANGE
Target $228
SBSH
Buy
3M still Citi's top Multi-Industry pick after management meetings
After hosting meetings with management, Citi analyst Andrew Kaplowitz says 3M remains his top pick in his Multi-Industry universe. Pricing concerns seem overblown and the post-quarter selloff provides a buying opportunity, Kaplowitz tells investors in a research note. The analyst sees "continued key growth catalyst" in 3M's recent strategic investment initiative. He keeps a Buy rating on the shares with a $228 price target.
06/02/17
SBSH
06/02/17
NO CHANGE
Target $229
SBSH
Buy
3M price target raised to $229 from $220 at Citi
Citi analyst Andrew Kaplowitz raised his price target for 3M to $229 saying the stock remains a top idea. "Myths and misconceptions" from investors continue to hold the stock back from reaching its full potential, Kaplowitz tells investors in a research note. The analyst has a bull case scenario of $250 per share. He expects 3M's analyst day next week to "help unravel" some of issues brought up by investors. The analyst keeps a Buy rating on the shares.
07/27/17
ARGS
07/27/17
NO CHANGE
ARGS
3M weakness creates buying opportunity, says Argus
After 3M reported weaker than expected Q2 results but raised its full-year EPS guidance, Argus analyst John Eade remains upbeat on the stock, citing what he sees as the company's "high margins and returns on invested capital." He thinks the company should be boosted by the rebounding global economy and recommends buying the stock on weakness.
XPO XPO Logistics
$60.42

-0.63 (-1.03%)

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.
09/06/17
MSCO
09/06/17
NO CHANGE
MSCO
Tesla launch could be biggest trucking catalyst in decades, says Morgan Stanley
Morgan Stanley analyst Ravi Shanker contends that Tesla's (TSLA) promised upcoming reveal of its autonomous, electric Class 8 semi-truck could be the biggest catalyst in the trucking sector in decades. While no exact date has been announced yet, Tesla CEO Elon Musk said the reveal will come in September and Shanker thinks the NACV show in Atlanta on September 25 "could be a catalyst for the reveal." Tesla will have to clearly address the issues of range, charging time and payload/weight to be able to sell a "deeply skeptical" industry, added Shanker, who sees Schneider National (SNDR), FedEx (FDX), XPO Logistics (XPO) and Ryder (R) as among the most likely carrier partner contenders for Tesla.
08/07/17
WBLR
08/07/17
INITIATION
WBLR
Outperform
XPO Logistics resumed with an Outperform at William Blair
William Blair analyst Tim Mulrooney resumed coverage of XPO Logistics with an Outperform rating. The analyst expects the valuation to "converge toward the peer group" over time and sees 45%-55% upside potential over the next 18-24 months.
08/03/17
SBSH
08/03/17
NO CHANGE
Target $75
SBSH
Buy
XPO guidance may miss some expectations, says Citi
Citi analyst Christian Wetherbee says XPO Logistics' "modest increase" in 2017 and 2018 adjusted EBITDA guidance may have fallen short of some of the high expectations. The analyst points out, however, that the guidance raise came amid "meaningful" margin compression in the brokerage and intermodal markets. This should be seen as credit to XPO's diversification and the growth provided by LTL, Last Mile and Contract Logistics, Wetherbee tells investors in a post-earnings research note. He continues to view XPO as one of the most compelling growth stories in Transportation and reiterates a Buy rating on the shares with a $75 price target.
HA Hawaiian Holdings
$40.95

-0.3 (-0.73%)

06/29/17
BOFA
06/29/17
NO CHANGE
BOFA
BofA/Merrill raises Airline estimates, Delta and Southwest best positioned
BofA/Merrill analyst Andrew Didora raised Airline estimates and price target to reflect lower fuel pricing and remains positive on the industry said to remain selective into second-half 2017. The analyst believes Buy rated Delta Air Lines (DAL) and Southwest (LUV) are best positioned for sequential unit revenue improvement in the second half due to decelerating and easing comps and raised their price targets to $71 and $75 from $64 and $62, respectively. The analyst expects capacity to increase modestly in 2018 to +3.4% from +2.8% in 2017 and expects Delta to accelerate capacity growth to +1.9% and Southwest to +5%. As part of the sector note, Didora raised Buy rated United Continental's (UAL) price target to $105 from $85, Alaska Air's (ALK) to $120 from $115, Spirit Airlines' (SAVE) down to $68 from $75, and raised Underperform rated American Airlines' (AAL) to $42 from $40 and lowered Hawaiian Holdings' (AAL) to $43 from $47.
07/28/17
STFL
07/28/17
UPGRADE
STFL
Hold
Hawaiian Holdings upgraded to Hold from Sell at Stifel
Stifel analyst Joesph DeNardi upgraded Hawaiian Holdings to Hold citing limited downside relative to his $40 price target and balanced risk/reward.
06/14/17
06/14/17
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) downgraded to Neutral on valuation at Wedbush with analyst Nick Setyan saying current 2017 and 2018 expectations are realistic and valuation is fair. 2. Anadarko (APC) downgraded to Underweight from Equal Weight at Barclays with analyst Thomas Driscoll saying he believes low multiples are appropriate for Anadarko's "short-lived" Gulf of Mexico assets and thinks investors should value the master limited partnership assets at less than market prices. 3. Five Below (FIVE) downgraded to Sector Weight from Overweight at KeyBanc with analyst Bradley Thomas citing the stock's 28% year-to-date rally and recent channel checks which indicate fidget spinner sales "are fading." 4. Hawaiian Holdings (HA) downgraded to Sell from Hold at Stifel with analyst Joseph DeNardi predicting capacity into Hawaii to increase. 5. Carlisle (CSL) downgraded to Perform from Outperform at Oppenheimer with analyst Jim Giannakouros saying cost and pricing dynamics create near-term earnings risk. 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
IMPC
06/15/17
NO CHANGE
Target $74
IMPC
Outperform
Hawaiian Holdings selloff a buying opportunity, says Imperial Capital
Imperial Capital analyst Michael Derchin views the recent selloff in shares of Hawaiian Holdings (HA) as a buying opportunity. The stock has sold off 15% over the past two days following United Continental's (UAL) announcement of its plans to expand Hawaii service and a competitor downgrade, Derchin tells investors in a research note. The anlayst believes competitive concerns are overblown. He points out that several of the new routes United announced are from its Denver and Chicago hubs, which Hawaiian Holdings do not serve directly. Derchin keeps an Outperform rating on the shares with a $74 price target.
ALV Autoliv
$127.15

13.9 (12.27%)

09/14/17
DBAB
09/14/17
NO CHANGE
Target $120
DBAB
Hold
Deutsche Bank 'not so sure' Autoliv spinoff news a positive
After Autoliv announced updated targets and a plan to spin off its Electronics business, Deutsche Bank analyst Rod Lache questioned whether the well-received spinoff news is actually a positive. While he respects the company's desire to generate value with its Electronics assets, and believes a sale makes more sense, he raises questions about if spinning or selling this business is really in the company's long term best interest. He also believes the Electronics business may have a number of competitive disadvantages and that their Active Safety wins continue to trail many peers. Lache keeps a Hold rating on Autoliv shares and raised his price target on the stock to $120 from $101.
07/24/17
WELS
07/24/17
NO CHANGE
WELS
Autoliv long-term outlook still 'solid,' says Wells Fargo
After Autoliv reported lower than expected Q2 organic revenue, Wells Fargo says that the company's long-term outlook "remains solid." The firm adds that the company's September Analyst Day "should be a catalyst" for the stock. It keeps an Outperform rating on the shares.
09/14/17
BUCK
09/14/17
NO CHANGE
Target $87
BUCK
Underperform
Buckingham remains bearish on Autoliv after news of potential spinoff
Buckingham analyst Glenn Chin reiterates an Underperform rating and $87 price target for Autoliv following the company's announcement that it is undertaking a strategic review to potentially separate its Passive Safety and Electronic Businesses. The analyst believes this is the company's effort to capitalize on the anticipated ramp in Passive Safety growth over the next couple years, as well as investor enthusiasm surrounding standalone high-tech/high-growth auto suppliers. While he understands the excitement around the announcement, he notes that even on a SOTP basis, Chin derives a price target of roughly $91.
07/24/17
BMOC
07/24/17
NO CHANGE
BMOC
Autoliv has reached 'opportunistic entry point,' says BMO Capital
After Autoliv reported lower than expected Q3 EPS, BMO Capital analyst Richard Carlson says that the stock has reached an attractive entry point. The analyst says that the company's balance sheet "remains in great shape," and he keeps a $121 price target and an Outperform rating on the shares.
NEFF Neff

03/15/17
BOFA
03/15/17
UPGRADE
BOFA
Buy
Neff upgraded to Buy from Underperform at BofA/Merrill
03/15/17
03/15/17
UPGRADE
Target $20

Buy
Neff double upgraded to Buy on improving pricing, free cash flow at BofA/Merrill
As previously reported, BofA Merrill Lynch analyst Ross Gilardi upgraded Neff (NEFF) by two notches, to Buy from Underperform, and raised his price target on the shares to $20 from $12. The analyst said the read-across on rental from CONEXPO was positive, pricing in the rental market is improving, state fiscal stimulus measures are supportive in the Sunbelt region and that the company's free cash flow generation is reassuring. Gilardi also noted that Neff shares have lagged industry leader United Rentals (URI) year-to-date and thinks his new target, which is an 11% discount to his target for United Rentals, "seems justified."
11/29/16
JEFF
11/29/16
DOWNGRADE
Target $14
JEFF
Hold
Neff downgraded to Hold from Buy at Jefferies
Jefferies analyst Justin Jordan downgraded Neff to Hold saying the company's larger national peers are better positioned to win infrastructure work and benefit from stimulus under President Trump. The analyst also notes the stock is up 49% since the U.S. election. He raised his price target for Neff shares to $14 from $12.
11/23/16
PIPR
11/23/16
NO CHANGE
Target $112
PIPR
Overweight
Piper ups price targets after Rental Sentiment Survey
Piper Jaffray analyst George Tong raised his price targets for United Rentals (URI) and Neff (NEFF) following his firm's Rental Sentiment Survey of rental executives. The results increased the analyst's confidence in a "strengthening equipment rental demand outlook driven by aggressive planned increases in infrastructure spending under a Trump administration." Checks show stronger expectations for rental revenue growth over the next year, backed by an uptick in both rental rate and rental volume growth trends, Tong tells investors in a research note. He also believes increases in infrastructure spending will likely benefit 2018 estimates. The analyst raised his price target for United Rentals to $112 from $95 and for Neff to $15 from $13 citing a stronger spending outlook. Tong is a buyer of both stocks.
SCHN Schnitzer Steel
$26.15

-0.55 (-2.06%)

09/06/17
MACQ
09/06/17
INITIATION
Target $26
MACQ
Neutral
Schnitzer Steel initiated with a Neutral at Macquarie
Macquarie analyst David Lipschitz initiated Schnitzer Steel with a Neutral and a $26 price target telling investors a potential slowdown in China scrap demand could lead to another turning point in expectations in the commodity market.
WWD Woodward
$72.36

-0.14 (-0.19%)

09/14/17
RHCO
09/14/17
NO CHANGE
RHCO
Boeing production increase positive for suppliers, says SunTrust
SunTrust analyst Michael Ciarmoli says that Boeing's (BA) decision to increase its production to 14 planes per month in 2019, up from 12 currently, was "surprising" to many investors, including him, who expected the company to maintain or cut its current production level. He thinks that the decision increases the chances that the 2018 and 2019 estimates for airplane suppliers will rise. The analyst says that the following companies can benefit from Boeing's production increase: Astronics (ATRO), Barnes Group (B),Rockwell Collins (COL), KLX Inc. (KLXI), Spirit AeroSystems (SPR),Triumph Group (TGI), Wesco Aircraft (WAIR),and Woodward (WWD),
07/14/17
07/14/17
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. Safety, Income and Growth (safe) initiated with a Buy at Ladenburg. 2. News Corp. (NWSA) initiated with a Buy at Rosenblatt. 3. Woodward (WWD) initiated with an Outperform at Oppenheimer. 4. CBL & Associates (CBL) coverage resumed with a Hold at Stifel. 5. Supernus (SUPN) initiated with a Neutral at Janney Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/13/17
OPCO
07/13/17
INITIATION
Target $82
OPCO
Outperform
Woodward initiated with an Outperform at Oppenheimer
Oppenheimer analyst Christopher Glynn started Woodward with an Outperform rating and $82 price target, as he sees the company as being positioned for organic growth leverage and ramping utilization efficiencies following its investments.
06/21/17
KING
06/21/17
INITIATION
Target $79
KING
Buy
Woodward initiated with a Buy at CL King
CL King initiated Woodward with a Buy and a $79 price target.
COL Rockwell Collins
$131.35

0.14 (0.11%)

09/07/17
WOLF
09/07/17
DOWNGRADE
WOLF
Peer Perform
Rockwell Collins downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research analyst Hunter Keay downgraded yesterday afternoon Rockwell Collins (COL) to Peer Perform following the company's agreement to be acquired by United Technologies (UTX).
09/13/17
BARD
09/13/17
DOWNGRADE
BARD
Neutral
Rockwell Collins downgraded to Neutral from Outperform at Baird
Baird analyst Peter Arment downgraded Rockwell Collins (COL) to Neutral from Outperform following its board approval of United Technologies' (UTX) planned acquisition at a nominal price of $140 per share.
09/11/17
BERN
09/11/17
DOWNGRADE
Target $137
BERN
Market Perform
Rockwell Collins downgraded to Market Perform from Outperform at Bernstein
Bernstein analyst Douglas Harned downgraded Rockwell Collins (COL) to Market Perform from Outperform following its board approval of United Technologies' (UTX) planned acquisition at a nominal price of $140/share. The analyst says the stock has moved above $130 related to the deal, and he is concerned that Rockwell Collins' acceptance of a $140 deal price indicates that internal forecasts are more pessimistic than his. He kept a $137 price target on Rockwell Collin's shares, but lowered hist target for United Technologies to $126 from $135, while reiterating a Market-Perform rating.
GDI Gardner Denver
$24.97

0.3 (1.22%)

06/06/17
WBLR
06/06/17
INITIATION
WBLR
Outperform
Gardner Denver initiated with an Outperform at William Blair
William Blair analyst Brian Drab started Gardner Denver with an Outperform rating.
06/06/17
TIGR
06/06/17
INITIATION
TIGR
Buy
Gardner Denver initiated with a Buy at Tigress Financial
Tigress Financial analyst Ivan Feinseth initiated Gardner Denver with a Buy rating, citing its competitive advantage, installed base and growing aftermarket platform.
07/11/17
WOLF
07/11/17
INITIATION
Target $26
WOLF
Outperform
Gardner Denver initiated with an Outperform at Wolfe Research
Wolfe Research initiated Gardner Denver with an Outperform and a$26 price target.
06/06/17
06/06/17
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. Hartford Financial (HIG) initiated with a Buy at Deutsche Bank. 2. FedEx (FDX) and UPS (UPS) were initiated with a Neutral at Seaport Global. 3. Gardner Denver (GDI) was initiated with an Outperform at William Blair and Baird, an Overweight at Piper Jaffray, a Buy at Stifel, UBS, and Goldman Sachs, as well as a Neutral at Credit Suisse. 4. Solaris Oilfield (SOI) was initiated with an Outperform at Wells Fargo, Oppenheimer, Evercore ISI, and Credit Suisse, an Overweight at Piper Jaffray, as well as a Buy at Goldman Sachs and Wunderlich. 5. LeMaitre (LMAT) initiated with a Hold at Craig-Hallum. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
PAG Penske Automotive
$44.21

-0.65 (-1.45%)

02/01/17
SUSQ
02/01/17
INITIATION
Target $63
SUSQ
Positive
Penske Automotive initiated with a Positive at Susquehanna
Susquehanna initiated Penske Automotive with a Positive and a $63 price target.
04/27/17
GABE
04/27/17
UPGRADE
GABE
Buy
Penske Automotive upgraded to Buy from Hold at Gabelli
Gabelli analyst Brian Sponheimer upgraded Penske Automotive to Buy with a $68 PMV estimate following the Q1 report citing a consistently disciplined approach to auto dealer profitability, accretive transactions, and improved Commercial Vehicle and Power Systems performance.
03/20/17
03/20/17
NO CHANGE

Susquehanna cautious on auto dealers due to falling profits
Susquehanna analyst Ali Faghri said he was cautious on the auto dealers citing weak Q4 financial results as gross profits deteriorated, inventory levels have become elevated, and used car price declines are accelerating. Faghri favors Penske Automotive (PAG) and KarMax (KMX) due to their diverse business model but he sees a downside bias to Autonation (AN), Lithia Motors (LAD), and Group 1 Automotive. (GPI).
02/02/17
02/02/17
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. Kite Pharma (KITE) and Juno Therapeutics (JUNO) were initiated with a Neutral at Wedbush. 2. Penske Automotive (PAG) was initiated with a Positive at Susquehanna, while Lithia Motors (LAD) and Group 1 Automotive (GPI) were initiated with a Neutral. 3. Nevsun Resources (NSU) initiated with a Market Perform at BMO Capital. 4. Corcept Therapeutics (CORT) initiated with a Buy at Ladenburg. 5. Iteris (ITI) initiated with a Buy at Craig-Hallum. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
CLF Cleveland-Cliffs
$7.10

-0.29 (-3.92%)

03/27/17
JPMS
03/27/17
NO CHANGE
Target $13
JPMS
Overweight
JPMorgan ups Cliffs target to $13 on higher iron ore prices
JPMorgan analyst Michael Gambardella raised his price target for Cliffs Natural Resources to $13 from $12 citing his firm's higher iron ore price forecasts. Chinese steel demand has proven to be more resilient, Gambardella tells investors in a research note. The analyst keeps an Overweight rating on Cliffs.
02/10/17
JPMS
02/10/17
NO CHANGE
Target $12
JPMS
Overweight
Cliffs Natural price target raised to $12 from $10 at JPMorgan
JPMorgan analyst Michael Gambardella raised his price target for Cliffs Natural Resources to $12 saying the company remains well positioned for higher earnings and cash flow. Domestic steel prices can be supported at the current higher, more sustainable level given reduced steel imports from trade cases and President Trump's focus on enforcing U.S. trade laws, Gambardella tells investors in a research note. He keeps an Overweight rating on Cliffs.
04/28/17
FBRC
04/28/17
UPGRADE
FBRC
Outperform
Cliffs Natural upgraded to Outperform from Market Perform at FBR Capital
07/31/17
AXIO
07/31/17
NO CHANGE
AXIO
Sell
Axiom says 'now is the time' to short U.S. Steel, maintains Sell rating
Axiom analyst Gordon Johnson II believes "now is the time" to short U.S. Steel (X) and Cliffs Natural (CLF) shares and to go underweight the U.S. steel sector, as he sees an increasing likelihood of an indefinite delay in the US Commerce Department's 232 steel tariff decision. He also thinks the contribution to China's GDP growth from commodity-intensive sectors may have peaked, he tells investors. The analyst keeps a Sell rating on U.S. Steel shares.
ATI Allegheny Technologies
$22.38

-0.16 (-0.71%)

07/26/17
JPMS
07/26/17
UPGRADE
Target $19
JPMS
Neutral
Allegheny Technologies upgraded to Neutral from Underweight at JPMorgan
JPMorgan analyst Michael Gambardella upgraded Allegheny Technologies to Neutral and raised his price target for the shares to $19 from $14.50 following the company's Q2 results. The analyst believes the company's downside risk is largely understood by the market at current valuation levels.
09/11/17
BOFA
09/11/17
UPGRADE
Target $24
BOFA
Buy
Allegheny Technologies upgraded to Buy from Underperform at BofA/Merrill
BofA/Merrill analyst Timna Tanners upgraded Allegheny Technologies (ATI) two notches to Buy from Underperform and increased its price target to $24 from $16 saying it is poised to benefit from a new jet engine technology cycle. The analyst expects a "sharp" increase in engine margin improvement, and a mix shift towards the engine market, displacing lower margin businesses and said Flat Rolled Products headwinds and other delays are behind it. He sees catalysts over the next six months including the Boeing and Airbus ramping up the 737max and A320neo, retirement of 40% of the Flat Rolled Products workforce over five years, improved commodity values, and market share gains from Arconic's (ARNC) isothermal forge delays.
03/21/17
LBOW
03/21/17
INITIATION
Target $24
LBOW
Buy
Allegheny Technologies initiated with a Buy at Longbow
Longbow analyst Christopher Olin initiated Allegheny Technologies with a Buy and a $24 price target.
04/24/17
BREN
04/24/17
UPGRADE
Target $17.2
BREN
Hold
Allegheny Technologies upgraded to Hold from Sell at Berenberg
Berenberg analyst Yuriy Vlasov upgraded Allegheny Technologiest to Hold and raised his price target for the shares to $17.20 from $16.10. The company's Q1 results are an "indicator of restructuring success" while the stock is down 21% since early February, Vlasov tells investors in a research note.
ALK Alaska Air
$77.49

1.28 (1.68%)

04/24/17
COWN
04/24/17
UPGRADE
Target $103
COWN
Outperform
Alaska Air upgraded to Outperform from Market Perform at Cowen
04/24/17
COWN
04/24/17
UPGRADE
Target $103
COWN
Outperform
Alaska Air upgraded to Outperform at Cowen
As reported previously, Cowen analyst Helane Becker upgraded Alaska Air to Outperform from Neutral as she believes the risk/reward is favorable, citing management's plans to integrate Virgin America, improvement from the domestic market, regional strength, and an improved balance sheet. Becker raised her price target to $103 from $102 on Alaska Air shares.
07/10/17
OPCO
07/10/17
NO CHANGE
OPCO
Oppenheimer recommends buying American Airlines, United Continental
Oppenheimer analyst Ari Wald continues to make the case that interest rates are bottoming, reflationary sectors are positioned for a stronger second half, and market internals should strengthen as well. The analyst sees additional upside for both Banks and Transports, and within the last, its high-conviction idea is to keep buying airlines, such as Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), and United Continental (UAL). Elsewhere in Transports, Wald is bullish on the breakout in shares of FedEx (FDX) and Old Dominion (ODFL), and views Norfolk Southern (NSC) and Landstar System (LSTR) as attractive pre-breakout candidates.
WBT Welbilt
$21.94

-0.42 (-1.88%)

ECHO Echo Global
$15.85

-0.05 (-0.31%)

08/07/17
MSCO
08/07/17
DOWNGRADE
MSCO
Equal Weight
Echo Global downgraded to Equal Weight from Overweight at Morgan Stanley
07/31/17
STFL
07/31/17
NO CHANGE
STFL
Echo Global weakness creates buying opportunity, says Stifel
After Echo reported higher than expected revenue but its gross margin fell sequentially and it retracted its 2018 targets, contributing to a decline in the stock, Stifel analyst John Larkin lowered his price target on the shares to $18 from $23. However, the analyst continues to believe that the company's EPS growth can average around 15%, and he is upbeat on its management team and its acquisition of Command. He believes that the stock's weakness has created a buying opportunity.
07/31/17
BRRR
07/31/17
NO CHANGE
Target $18
BRRR
Outperform
Echo Global price target lowered to $18 from $28 at Barrington
Barrington analyst Kevin Steinke lowered his price target on Echo Global to $18 from $28, noting that its adjusted EPS in Q2 missed expectations amid an industry environment currently marked by aggressive pricing. Citing his belief Echo is well positioned to capitalize on an eventual rebound, he keeps an Outperform rating on the shares, though he acknowledges the timing of a market turnaround is uncertain.
07/31/17
FBCO
07/31/17
DOWNGRADE
Target $14
FBCO
Neutral
Echo Global downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Allison Landry downgraded Echo Global to Neutral from Outperform, noting that revenue growth is likely to underwhelm as the company sacrifices volumes for price in order to preserve net revenue margins, the freight market will remain in a slow grind recovery for the foreseeable future, synergies from Command are on pause until it gets through a rough patch in the market, and management officially pulled its 2018 guidance for $150M of EBITDA. The analyst also lowered her price target on the shares to $14 from $23.
GWW Grainger
$169.29

0.78 (0.46%)

09/08/17
FBCO
09/08/17
DOWNGRADE
Target $33
FBCO
Neutral
HD Supply downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Andrew Buscaglia resumed coverage of HD Supply (HDS) with a Neutral rating, down from a prior Outperform, stating that his opinion on the company's Facilities Maintenance business has soured. The unit is "starting to resemble" Grainger (GWW), said Buscaglia, who added that competition in the space is intensifying and he sees risk to HD Supply's FY17 guidance. Buscaglia has a $33 price target on HD Supply shares.
09/05/17
09/05/17
NO CHANGE

RBC Capital identifies companies that could see positive catalysts from Harvey
RBC Capital analyst Deane Dray identifies Grainger (GWW), Wesco (WCC), Xylem (XYL), and HD Supply (HDS) as companies that could benefit from Hurricane Harvey. The analyst says that Grainger " tends to be heavily involved in the cleanup and rebuilding process," and saw a one percentage point daily sales lift from Hurricane Sandy. The analyst thinks that Wesco's sales could be boosted by 0.5 percentage points as utility customers and first responders buy more of its products. She says that "Xylem's dewatering pumps business is expected to play a major role in the recovery/reconstruction efforts in flooded areas." Dray reports that the business accounts for more than 15% of the company's sales. The analyst estimates that about 11% of Hd Supply's revenue is derived from Texas.
08/21/17
KEYB
08/21/17
INITIATION
KEYB
Sector Weight
Grainger reinstated with a Sector Weight at KeyBanc
KeyBanc analyst Steve Barber reinstated Grainger with a Sector Weight saying its re-pricing strategy creates near-term uncertainty and 2019 operating trends could be difficult to achieve.
07/25/17
07/25/17
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. Blue Apron (APRN) was initiated with a Buy at Citi and SunTrust. 2. Blue Buffalo Pet Products (BUFF) initiated with a Neutral at Baird 3. e.l.f. Beauty (ELF) initiated with a Buy at Citi. 4. Grainger (GWW) initiated with a Neutral at Northcoast. 5. Western Asset Mortgage (WMC) initiated with a Market Perform at JMP Securities. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
GE General Electric
$24.02

0.15 (0.63%)

09/07/17
JPMS
09/07/17
NO CHANGE
Target $22
JPMS
Underweight
JPMorgan sees $24 as ceiling not floor for GE shares
In a research note titled "Preparing For The Fall: It's Worse Than We Think.", JPMorgan analyst C. Stephen Tusa says he remains negative on General Electric shares with a $22 price target and Underweight rating. The analyst now views $24 per share as a "ceiling as opposed to a floor prior," and a stock in the high teens as an "investable fair value." GE closed yesterday up 16c to $24.92. Tusa sees downside risk to his well below consensus estimates, and notes the Street is slowly approaching his numbers. GE's cash position is not inflecting, thus current levels are a run rate, not "depressed," Tusa writes. He sees a downside scenario in 2018 GAAP earnings per share to the $1.15-$1.20 range as a potential starting point, compared to current consensus of $1.70.
08/03/17
PIPR
08/03/17
NO CHANGE
Target $14
PIPR
Underweight
3D Systems reported disappointing results, says Piper Jaffray
Piper Jaffray analyst Troy Jensen says 3D Systems (DDD) last night reported disappointing results with weak printer sales being the primary factor in the revenue miss. The weak printer sales are directly correlated with increased competition from HP Inc. (HPQ), General Electric (GE) and others attacking 3D Systems' key product lines, Jensen tells investors in a post-earnings research note. He sees the company's second half of 2017 as "incrementally more challenging" and believes the stock's a "significant premium" to 3D printing peers is unwarranted. The analyst reiterates an Underweight rating on 3D Systems with a $14 price target.
08/31/17
LEHM
08/31/17
INITIATION
Target $41
LEHM
Overweight
Baker Hughes initiated with an Overweight at Barclays
Barclays analyst J. David Anderson started Baker Hughes (BHGE) with an Overweight rating and $41 price target. The analyst believes the merger with GE (GE) goes a long way toward addressing some of the company's legacy issues around execution.
09/11/17
DBAB
09/11/17
NO CHANGE
Target $21
DBAB
Sell
Deutsche Bank cuts GE price target to $21 on 2018 estimate reduction
Deutsche Bank analyst John Inch cut his price target for General Electric shares to $21 from $24 after reducing his 2018 earnings estimate for the company to $1.55 from $1.85. His forecast now assumes weaker Power, reduced earnings benefit due to curtailed share repurchase, as well as a 5c drag from the adoption of ASU No. 2014-09. There could be further downside risk to estimates after management resets 2018 earnings in November, Inch tells investors in a research note. He notes his estimate does not include the potential adoption of other more conservative accounting practices, including a significantly higher tax rate. The analyst keeps a Sell rating on GE shares.
CSX CSX
$52.08

0.01 (0.02%)

09/05/17
OPCO
09/05/17
NO CHANGE
OPCO
Oppenheimer discontinuing research coverage of CSX Corporation
Oppenheimer is discontinuing research coverage of CSX Corporation, previously rated Perform. The decision is unrelated to any awareness on its part of any material change in the fundamental condition of the company.
09/06/17
SPHN
09/06/17
NO CHANGE
Target $61
SPHN
Overweight
CSX guidance revision not a surprise, says Stephens
Stephens analyst Justin Long nots that CSX just issued a press release revising its 2017 OR and EPS guidance due to various operating challenges in July and August. On the positive side, CSX reiterated its 2017 guidance for free cash flow, service metrics are returning to normal and many of the operational challenges are behind them, the analyst notes. Long says this guidance revision does not come as a major surprise given the company's well publicized operational challenges in Q3. He reiterates an Overweight rating and $61 price target on the shares.
09/07/17
RBCM
09/07/17
NO CHANGE
RBCM
CSX outlook remains attractive despite guidance cut, says RBC Capital
After CSX lowered its full-year EPS guidance because of disruptions it is facing as it implements its new business model, RBC Capital analyst Walter Spracklin "suggests that investors look through the disruption" and the guidance cut. He continues to expect the company to significantly lower its structural costs, and he thinks that it has a "compelling long-term efficiency upside." Spracklin reiterates an Outperform rating on the stock.
09/07/17
SUSQ
09/07/17
NO CHANGE
Target $59
SUSQ
Positive
CSX update suggests sequential improvements, says Susquehanna
Susquehanna analyst Bascome Majors said he remains new money buyers of CSX shares following management's update, which included a lowered earnings outlook. He said they suggested the lowered outlook was due to temporary issues rather than structural ones and showed a constructive view toward sequential service improvement and long-term financial outcomes ahead of their October investor day. Major reiterated his Positive rating and lowered his price target to $59 from $63 on CSX shares.
FLOW SPX FLOW
$35.79

-0.51 (-1.41%)

07/11/17
WOLF
07/11/17
INITIATION
WOLF
Peer Perform
SPX FLOW initiated with a Peer Perform at Wolfe Research
08/08/17
SUSQ
08/08/17
UPGRADE
Target $41
SUSQ
Positive
SPX FLOW upgraded to Positive at Susquehanna
As previously reported, Susquehanna analyst Robert Barry upgraded SPX FLOW to Positive from Neutral as he sees the recent pullback in the shares pushing the stock to an attractive entry point. He sees operational performance improving under new management, strong margins, and an acceleration of the top line. Barry lowered his price target to $41 from $42 on SPX FLOW shares.
08/08/17
SUSQ
08/08/17
UPGRADE
SUSQ
Positive
SPX FLOW upgraded to Positive from Neutral at Susquehanna
08/03/17
STFL
08/03/17
NO CHANGE
STFL
SPX FLOW weakness unjustified, says Stifel
Stifel analyst Nathan Jones says that the 6.9% decline in SPX Flow's stock yesterday following its preannouncement was "un-explainable." The analyst recommends buying the shares on weakness.
AME Ametek
$65.26

0.25 (0.38%)

05/03/17
OPCO
05/03/17
NO CHANGE
Target $65
OPCO
Outperform
Ametek price target raised to $65 from $57 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Ametek to $65 from $57 following quarterly results. The analyst reiterates an Outperform rating on the shares.
08/03/17
OPCO
08/03/17
NO CHANGE
Target $70
OPCO
Outperform
Ametek price target raised to $70 from $65 at Oppenheimer
Oppenheimer analyst Christopher Glynn raised his price target for Ametek to $70 from $65 following quarterly results. The analyst reiterates an Outperform rating on the shares.
02/15/17
ATLE
02/15/17
UPGRADE
ATLE
Overweight
Ametek upgraded to Overweight from Neutral at Atlantic Equities
02/15/17
02/15/17
UPGRADE
Target $62

Overweight
Ametek upgraded to Overweight on improving trends at Atlantic Equities
As previously reported, Atlantic Equities upgraded Ametek to Overweight from Neutral and raised its price target to $62 from $48. Analyst Richard Radbourne believes Ametek is is approaching a turn for organic revenue and earnings growth that will result in improved sentiment and a return to a more appropriate valuation level. Radbourne believes Ametek's robust operating model is firmly intact under new CEO David Zapico and FY17 organic revenue guidance of 1-3% and earnings of $2.34-$2.46 has a clear pathway to the high-end in this generally improving industrial environment.
SKYW SkyWest
$39.00

-0.5 (-1.27%)

04/13/17
04/13/17
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. Cognizant (CTSH) upgraded to Buy from Hold at SunTrust with analyst Frank Atkins saying immigration reform/Border-Adjusted-Tax remains a risk, but said the issues are well known and reflected in valuation. 2. NuStar Energy (NS) upgraded to Neutral from Underperform at Credit Suisse with analyst John Edwards citing the Navigator Energy Services acquisition. The analyst also raised his price target on the shares to $53 from $52. 3. SkyWest (SKYW) upgraded to Strong Buy on valuation at Raymond James with analyst Savanthi Syth telling investors the substantial decline in shares with no new information creates an attractive entry point. 4. Callon Petroleum (CPE) upgraded to Buy from Neutral at Euro Pacific with analyst Joel Musante citing the recent pullback in commodity prices, its strong balance sheet, and high quality prospects in the Midland and Delaware Basins. 5. KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James with analyst Buck Horne saying he is encouraged and optimistic about first quarter demand for home builders and said corporate tax reform looks like a 2018 event, which may reduce concerns about a material impairment to KB's $7.67/share of deferred tax assets. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/13/17
RAJA
04/13/17
UPGRADE
Target $42
RAJA
Strong Buy
SkyWest upgraded to Strong Buy on valuation at Raymond James
Raymond James analyst Savanthi Syth upgraded SkyWest to Strong Buy from Outperform and maintained a $42 price target telling investors the substantial decline in shares with no new information creates an attractive entry point. The analyst said SkyWest offers multi-year margin expansion and large free-cash-flow generation.
03/24/17
03/24/17
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. American Express (AXP) initiated with a Neutral at Tigress Financial. 2. Zosano Pharma (ZSAN) initiated with an Overweight at Piper Jaffray. 3. SkyWest (SKYW) initiated with an In-Line at Imperial Capital. 4. Statoil (STO) initiated with an Underperform at Macquarie. 5. Cogent (CCOI) initiated with a Buy at Deutsche Bank. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/24/17
IMPC
03/24/17
INITIATION
Target $38
IMPC
In-Line
SkyWest initiated with an In-Line at Imperial Capital
Imperial Capital analyst Michael Derchin started SkyWest with an In-Line rating and $38 price target.
CAT Caterpillar
$120.48

0.85 (0.71%)

09/14/17
STFL
09/14/17
NO CHANGE
Target $125
STFL
Hold
Stifel 'encouraged' by Caterpillar analyst day, keeps stock at Hold
After attending Caterpillar's analyst day meeting, Stifel analyst Stanley Elliott said he came away "encouraged," though he notes expectations into the event were high and he would have hoped for a few more specifics. He keeps a Hold rating and $125 price target on Caterpillar shares following the event.
09/14/17
BMOC
09/14/17
NO CHANGE
BMOC
Caterpillar price target raised to $150 from $130 at BMO Capital
Following Caterpillar's Analyst Day, BMO Capital analyst Joel Tiss believes that the company's " revamped strategy focused on improving the customer experience should pay dividends." The analyst estimates that the company's EPS can reach $9-$11 if its generates its "baseline revenue" figure of $55B. He raised his price target on the shares to $150 from $130 and keeps an Outperform rating on the stock.
09/06/17
GHSC
09/06/17
INITIATION
Target $120
GHSC
Neutral
Caterpillar initiated with a Neutral at Seaport Global
Seaport Global analyst Michael Shlisky initiated Caterpillar with a Neutral and $120 price target citing the recent run in the stock.
09/06/17
09/06/17
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. Caterpillar (CAT) initiated with a Neutral at Seaport Global. 2. Liberty Global (LBTYA) initiated with a Buy at Deutsche Bank. 3. TransUnion (TRU) initiated with a Buy at SunTrust. 4. Inovio (INO) initiated with a Buy at Citi. 5. e.l.f. Beauty (ELF) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
DOV Dover
$90.04

1.46 (1.65%)

04/03/17
04/03/17
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. BlackBerry (BBRY) upgraded to Outperform from Neutral at Macquarie with the firm's analyst believing fiscal 2018 Street consensus estimates are achievable and expects RADAR to be a material contributor this year. 2. FMC Corporation (FMC) was upgraded to Buy from Hold at SunTrust and to Positive from Neutral at Susquehanna. 3. Dover (DOV) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Nigel Doe citing the sharper recovery in energy spending. 4. AMC Entertainment (AMC) upgraded to Outperform from Market Perform at FBR Capital with analyst Barton Crockett saying he is constructive on the recently completed Nordic acquisition. 5. HCP (HCP) upgraded to Buy from Neutral at BofA/Merrill with analyst Juan Sanabria saying he is positive on HCP's high quality private pay portfolio which stands out in an uncertain regulatory environment and likes its high quality medical office and life science portfolios, which are steady with lower risk assets within healthcare. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/21/17
GHSC
06/21/17
DOWNGRADE
Target $86
GHSC
Neutral
Dover downgraded to Neutral from Buy at Seaport Global
Seaport Global analyst Ryan Cassil downgraded Dover to Neutral and cut its price target to $86 from $91 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.
06/08/17
BMOC
06/08/17
UPGRADE
BMOC
Outperform
Dover upgraded on increased earnings diversification outlook at BMO Capital
As noted earlier, BMO Capital upgraded Dover to Outperform from Market Perform. Analyst R. Scott Graham thinks that the proportion of overall operating income generated by the company's Energy unit will drop to 30% by mid 2018 from about 80% in 1H17. The analyst says that the change will lower the risk posed by the stock and increasingly prevent the shares from being moved by oil price fluctuations. Target to $94 from $89.
06/08/17
BMOC
06/08/17
UPGRADE
BMOC
Outperform
Dover upgraded to Outperform from Market Perform at BMO Capital

TODAY'S FREE FLY STORIES

JOE

Saint Joe Co.

$18.60

0.45 (2.48%)

16:46
09/22/17
09/22
16:46
09/22/17
16:46
Hot Stocks
Breaking Hot Stocks news story on Saint Joe Co. »

Fairholme raises stake in…

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

See Street Research during your Free Trial

16:40
09/22/17
09/22
16:40
09/22/17
16:40
General news
Moody's downgrades UK's rating to Aa2, changes outlook to stable »

Moody's Investors…

A

Agilent

$65.78

-0.14 (-0.21%)

, MRK

Merck

$65.13

-0.47 (-0.72%)

16:36
09/22/17
09/22
16:36
09/22/17
16:36
Hot Stocks
Agilent receives expanded FDA approval for the use of Dako PD-L1 IHC 22C3 »

Agilent Technologies…

A

Agilent

$65.78

-0.14 (-0.21%)

MRK

Merck

$65.13

-0.47 (-0.72%)

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

See Street Research during your Free Trial

  • 22

    Sep

  • 26

    Sep

  • 08

    Nov

  • 30

    Nov

TYHT

Shineco

$3.23

-0.45 (-12.23%)

16:35
09/22/17
09/22
16:35
09/22/17
16:35
Hot Stocks
Shineco enters into strategic cooperation to establish Apocynum Industrial Park »

Shineco announced that…

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

See Street Research during your Free Trial

ARCI

Appliance Recycling

$1.16

0.03 (2.65%)

16:34
09/22/17
09/22
16:34
09/22/17
16:34
Hot Stocks
Appliance Recycling gets written notice of default »

On September 20,…

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

See Street Research during your Free Trial

RNVA

Rennova Health

$0.22

0.0086 (4.07%)

16:31
09/22/17
09/22
16:31
09/22/17
16:31
Hot Stocks
Rennova Health announces 1 for 15 reverse stock split »

Rennova Health announced…

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

See Street Research during your Free Trial

ARCI

Appliance Recycling

$1.16

0.03 (2.65%)

16:31
09/22/17
09/22
16:31
09/22/17
16:31
Hot Stocks
Breaking Hot Stocks news story on Appliance Recycling »

Appliance Recycling gets…

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

See Street Research during your Free Trial

16:30
09/22/17
09/22
16:30
09/22/17
16:30
Options
Preliminary option volume of 13.9M today »

Preliminary option volume…

EKSO

Ekso Bionics

$1.28

0.14 (12.28%)

16:23
09/22/17
09/22
16:23
09/22/17
16:23
Hot Stocks
Ekso Bionics awarded government contract »

The Department of…

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

See Street Research during your Free Trial

UNH

UnitedHealth

$193.03

-2.18 (-1.12%)

, AET

Aetna

$153.57

0.18 (0.12%)

16:22
09/22/17
09/22
16:22
09/22/17
16:22
General news
On The Fly: Top stock stories for Friday »

The major averages…

UNH

UnitedHealth

$193.03

-2.18 (-1.12%)

AET

Aetna

$153.57

0.18 (0.12%)

ANTM

Anthem

$182.86

-0.64 (-0.35%)

CI

Cigna

$182.74

0.61 (0.33%)

AAPL

Apple

$151.89

-1.5 (-0.98%)

FSLR

First Solar

$51.41

2.65 (5.43%)

FINL

Finish Line

$9.73

0.51 (5.53%)

ASND

Ascendis Pharma

$34.24

6.5 (23.43%)

VSAR

Versartis

$2.68

-18.925 (-87.62%)

ICPT

Intercept

$61.59

-12.11 (-16.43%)

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

See Street Research during your Free Trial

  • 22

    Sep

  • 22

    Oct

DLR

Digital Realty

$114.51

-1.72 (-1.48%)

16:19
09/22/17
09/22
16:19
09/22/17
16:19
Syndicate
Breaking Syndicate news story on Digital Realty »

Digital Realty files…

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

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

16:17
09/22/17
09/22
16:17
09/22/17
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was average for…

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

See Street Research during your Free Trial

TSS

TSYS

$69.09

0.28 (0.41%)

16:16
09/22/17
09/22
16:16
09/22/17
16:16
Hot Stocks
TSYS announces resignation of COO Pamela Joseph »

TSYS announced that…

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

See Street Research during your Free Trial

$NYE

NYSE Market Internals

16:16
09/22/17
09/22
16:16
09/22/17
16:16
Technical Analysis
NYSE market internals summary »

Volume was below average…

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

See Street Research during your Free Trial

FB

Facebook

$170.54

-0.57 (-0.33%)

16:15
09/22/17
09/22
16:15
09/22/17
16:15
Hot Stocks
Facebook's Zuckerberg plans to sell up to 75M shares to fund charity initiatives »

On September 22 Mr.…

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

See Street Research during your Free Trial

  • 03

    Oct

  • 22

    Oct

IDA

IDACORP

$87.79

-0.73 (-0.82%)

16:13
09/22/17
09/22
16:13
09/22/17
16:13
Hot Stocks
IDACORP raises quarterly dividend 7.3% to 59c per share »

The dividend declaration,…

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

See Street Research during your Free Trial

VLRX

Valeritas

$3.06

-0.23 (-6.99%)

16:13
09/22/17
09/22
16:13
09/22/17
16:13
Syndicate
Valeritas announces common stock purchase agreement by Aspire Capital »

Valeritas Holdings…

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

See Street Research during your Free Trial

FB

Facebook

$170.54

-0.57 (-0.33%)

16:12
09/22/17
09/22
16:12
09/22/17
16:12
Hot Stocks
Facebook dumps plan for new class of shares »

On September 21 the board…

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

See Street Research during your Free Trial

  • 03

    Oct

  • 22

    Oct

DCIX

Diana Containerships

$0.42

-0.0373 (-8.16%)

16:11
09/22/17
09/22
16:11
09/22/17
16:11
Hot Stocks
Diana Containerships announces one-for-three reverse stock split »

Diana Containerships…

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

See Street Research during your Free Trial

SEP

Spectra Energy Partners

$43.89

0.34 (0.78%)

16:10
09/22/17
09/22
16:10
09/22/17
16:10
Syndicate
Breaking Syndicate news story on Spectra Energy Partners »

Spectra Energy Partners…

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

See Street Research during your Free Trial

SEV

Sevcon

$22.04

0.04 (0.18%)

, BWA

BorgWarner

$50.00

0.41 (0.83%)

16:10
09/22/17
09/22
16:10
09/22/17
16:10
Hot Stocks
Sevcon stockholders approve acquisition by BorgWarner »

Sevcon (SEV) announced…

SEV

Sevcon

$22.04

0.04 (0.18%)

BWA

BorgWarner

$50.00

0.41 (0.83%)

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

See Street Research during your Free Trial

  • 22

    Sep

  • 26

    Oct

ATOS

Atossa Genetics

$0.49

-0.0296 (-5.71%)

16:07
09/22/17
09/22
16:07
09/22/17
16:07
Syndicate
Breaking Syndicate news story on Atossa Genetics  »

Atossa Genetics files…

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

See Street Research during your Free Trial

CB

Chubb

$142.68

-0.27 (-0.19%)

16:06
09/22/17
09/22
16:06
09/22/17
16:06
Hot Stocks
Chubb CEO issues statement on EU-U.S. covered agreement »

Evan Greenberg, Chairman…

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

See Street Research during your Free Trial

  • 27

    Oct

  • 31

    Jan

AAPL

Apple

$153.39

-2.68 (-1.72%)

15:40
09/22/17
09/22
15:40
09/22/17
15:40
Options
Active trading in Apple as iPhone 8 makes a debut »

Active trading in Apple…

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

See Street Research during your Free Trial

  • 22

    Oct

MRK

Merck

15:39
09/22/17
09/22
15:39
09/22/17
15:39
Hot Stocks
Merck gets FDA approval for Keytruda »

Merck announced that the…

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

See Street Research during your Free Trial

  • 22

    Sep

  • 26

    Sep

  • 08

    Nov

  • 30

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.