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ADM

Archer Daniels

$43.05

-0.47 (-1.08%)

, BG

Bunge

$70.78

-0.69 (-0.97%)

07:40
09/28/17
09/28
07:40
09/28/17
07:40

Archer Daniels downgraded to Neutral from Buy at Citi

Citi analyst David Driscoll downgraded both Archer Daniels (ADM) and Bunge Limited (BG) to Neutral citing "weak" industry conditions in oilseeds and grain merchandising. Disruptions in global trade flows and the lack of any meaningful grain dislocations are creating a weak environment, which should persist over the next several quarters, Driscoll tells investors in a research note. He lowered his price target for Archer Daniels to $45 from $49.

ADM

Archer Daniels

$43.05

-0.47 (-1.08%)

BG

Bunge

$70.78

-0.69 (-0.97%)

ADM Archer Daniels
$43.05

-0.47 (-1.08%)

09/11/17
BARD
09/11/17
INITIATION
Target $50
BARD
Outperform
Archer Daniels initiated with an Outperform at Baird
Baird analyst Benjamin Kallo initiated Archer Daniels with an Outperform and a $50 price target. The analyst believes Archer Daniels' global footprint is a competitive advantage, and the company's strong cash flow will support organic growth, enable bolt-on organic acquisitions, and potentially allow for a return of capital to shareholders.
06/01/17
06/01/17
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. Archer Daniels (ADM) downgraded to Hold from Buy at Argus with analyst David Coleman saying he expects the company's profits to be lowered by grain oversupplies for the rest of this year. He thinks that the company's dividend increases may be "limited" going forward. 2. CAE (CAE) downgraded to Hold from Buy at TD Securities with analyst Tim James citing valuation. 3. Sinopec Shanghai (SHI) downgraded to Sell from Neutral at Citi. 4. Rayonier Advanced Materials (RYAM) downgraded to Hold from Buy at Vertical Research with analyst Chip Dillon citing valuation. 5. Fox Factory (FOXF) downgraded to Neutral from Buy at CL King with analyst Scott Stember citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/01/17
ARGS
06/01/17
DOWNGRADE
ARGS
Hold
Archer Daniels downgraded to Hold from Buy at Argus
Argus analyst David Coleman downgraded Archer Daniels as he expects the company's profits to be lowered by grain oversupplies for the rest of this year. He thinks that the company's dividend increases may be "limited" going forward.
03/01/17
FBCO
03/01/17
NO CHANGE
Target $46
FBCO
Neutral
New ethanol proposal may not be catalyst for Archer Daniels, says Credit Suisse
Credit Suisse analyst Robert Moskow notes that a group of refiners have provided a proposal to the new U.S. administration that would give some sought after changes to regulations in the ethanol industry. If the proposal gains traction, it may pave the way for higher consumption of ethanol by reducing regulations on the use of E15, the analyst points out. However, he cautions investors about viewing it as a catalyst for positive earnings revisions for Archer Daniels as the White House claims it has no immediate plans to change the compliance structure for ethanol, according to Bloomberg. Moskow reiterates a Neutral rating and $46 price target on the shares.
BG Bunge
$70.78

-0.69 (-0.97%)

09/12/17
09/12/17
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. DowDuPont (DWDP) initiated with an Outperform at Macquarie. 2. Bunge (BG) initiated with a Neutral at Baird. 3. Rite Aid (RAD) initiated with a Hold at Loop Capital. 4. Nike (NKE) was initiated with an Outperform at Bernstein, while Under Armour (UA) was initiated with an Underperform. 5. Houlihan Lokey (HLI) initiated with an Overweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/12/17
09/12/17
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. Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Bristol-Myers (BMY) downgraded to Neutral from Long-Term Buy at Hilliard Lyons with analyst Kurt Kemper citing share appreciation as shares have approached his previous $65 price target. 2. Bunge (BG) downgraded to Hold from Buy at Vertical Group citing the acquisition of 70% interest in IOI Loders Croklaan. 3. Advance Auto Parts (AAP) downgraded to Sell from Neutral at Citi with analyst Kate McShane saying the company's turnaround seems to be taking longer given the number of issues to fix, and its cost savings are unlikely to impact earnings given its needed investments. 4. Precision Drilling (PDS) downgraded to Neutral from Overweight at JPMorgan. 5. Nucor (NUE) and Steel Dynamics (STLD) were downgraded to Equal Weight from Overweight at Morgan Stanley. 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
VERF
09/12/17
DOWNGRADE
VERF
Hold
Bunge downgraded to Hold from Buy at Vertical Group
Vertical Group downgraded Bunge to Hold following the acquisition of 70% interest in IOI Loders Croklaan.
09/11/17
BARD
09/11/17
INITIATION
Target $77
BARD
Neutral
Bunge initiated with a Neutral at Baird
Baird analyst Benjamin Kallo initiated Bunge with a Neutral and a $77 price target citing global agriculture headwinds in the intermediate term and would look to become more constructive on pullback or an improvement in the agriculture market.

TODAY'S FREE FLY STORIES

PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:09
10/19/17
10/19
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07:09
Earnings
Philip Morris sees FY17 net revenue growth, excluding excise taxes, of over 7% »

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  • 19

    Oct

POOL

Pool Corp.

$111.90

1.56 (1.41%)

07:08
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Earnings
Pool Corp. reports Q3 EPS $1.16, consensus $1.15 »

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    Oct

SPPI

Spectrum

$19.67

5.21 (36.03%)

07:08
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10/19
07:08
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07:08
Recommendations
Spectrum analyst commentary  »

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APOP

Cellect Biotechnology

$7.86

-0.12 (-1.50%)

07:08
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Hot Stocks
Cellect Biotechnology names Ronit Bakimer-Kleiner as Chief Development Officer »

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DENN

Denny's

$13.06

0.07 (0.54%)

07:08
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Hot Stocks
Denny's to expand into U.K. with ten locations »

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YOGA

YogaWorks

$2.86

-0.04 (-1.38%)

07:07
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07:07
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Hot Stocks
YogaWorks acquires seven Houston studios »

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QURE

uniQure

$9.47

-2.2 (-18.85%)

07:07
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10/19
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07:07
Hot Stocks
uniQure acquires patent family providing protection of FIX-Padua »

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CEVA

CEVA

$45.15

-0.25 (-0.55%)

07:07
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10/19
07:07
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07:07
Hot Stocks
CEVA and Cyberon partner for voice activation solution for smartphones »

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  • 01

    Nov

RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:07
10/19/17
10/19
07:07
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07:07
Hot Stocks
Breaking Hot Stocks news story on Rogers Communications »

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  • 19

    Oct

SBGI

Sinclair Broadcast

$30.35

0.3 (1.00%)

, TRCO

Tribune Media

07:06
10/19/17
10/19
07:06
10/19/17
07:06
Periodicals
FCC extends comment period for Sinclair-Tribune deal, Reuters reports »

The Federal…

SBGI

Sinclair Broadcast

$30.35

0.3 (1.00%)

TRCO

Tribune Media

DISH

Dish

$49.71

0.86 (1.76%)

03/08/13
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  • 19

    Oct

  • 01

    Nov

RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:06
10/19/17
10/19
07:06
10/19/17
07:06
Earnings
Rogers Communications backs FY17 revenue growth view 3%-5% 

Consensus $11.34B.

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  • 19

    Oct

NAK

Northern Dynasty

$2.09

0.1 (5.03%)

07:06
10/19/17
10/19
07:06
10/19/17
07:06
Initiation
Northern Dynasty initiated  »

Northern Dynasty…

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ESTE

Earthstone Energy

$10.54

-0.15 (-1.40%)

07:05
10/19/17
10/19
07:05
10/19/17
07:05
Syndicate
Earthstone Energy 4.5M share Spot Secondary priced at $9.25 »

The deal priced at the…

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  • 15

    May

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    May

  • 19

    Oct

RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:05
10/19/17
10/19
07:05
10/19/17
07:05
Hot Stocks
Rogers Communications raises FY17 adj operating profit growth view to 5%-6% »

With plans to invest the…

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  • 19

    Oct

PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:05
10/19/17
10/19
07:05
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07:05
Hot Stocks
Philip Morris CEO says Q3 results 'very strong' »

"As expected, our…

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  • 19

    Oct

BX

Blackstone

$33.49

0.27 (0.81%)

07:05
10/19/17
10/19
07:05
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07:05
Earnings
Blackstone reports Q3 ENI 69c, consensus 54c »

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  • 19

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  • 07

    Nov

ABCB

Ameris Bancorp

$49.45

0.3 (0.61%)

07:04
10/19/17
10/19
07:04
10/19/17
07:04
Earnings
Ameris Bancorp reports Q3 adjusted EPS 63c, consensus 65c »

Reports Q3 revenue…

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  • 19

    Oct

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    Nov

V

Visa

$107.80

0.26 (0.24%)

07:04
10/19/17
10/19
07:04
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07:04
Hot Stocks
Visa announces security platform Visa ID Intelligence »

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  • 22

    Oct

  • 25

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PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:04
10/19/17
10/19
07:04
10/19/17
07:04
Earnings
Philip Morris revises FY17 reported EPS view to $4.75-$4.80, consensus $4.84 »

PMI revises its 2017…

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  • 19

    Oct

SPX

S&P 500

07:04
10/19/17
10/19
07:04
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07:04
Hot Stocks
Trump thinks Republicans have votes for budget approval »

President Trump just…

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RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:03
10/19/17
10/19
07:03
10/19/17
07:03
Earnings
Rogers Communications reports Q3 EPS C$1.01, consensus C$0.80 »

Reports Q3 revenue…

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  • 19

    Oct

PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:02
10/19/17
10/19
07:02
10/19/17
07:02
Earnings
Philip Morris reports Q3 adjusted EPS $1.27, consensus $1.38 »

Reports Q3 revenues,…

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  • 19

    Oct

ERIC

Ericsson

$5.98

0.08 (1.36%)

07:02
10/19/17
10/19
07:02
10/19/17
07:02
Downgrade
Ericsson rating change  »

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TRV

Travelers

$130.02

1.37 (1.06%)

07:01
10/19/17
10/19
07:01
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07:01
Hot Stocks
Travelers reports Q3 combined ratio of 103.2% »

Including 10.7 points of…

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  • 19

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  • 13

    Nov

USO

United States Oil Fund

$10.48

-0.01 (-0.10%)

07:01
10/19/17
10/19
07:01
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07:01
Technical Analysis
United States Oil Fund: Pivot points, pivot low edged »

The following are the…

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