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PH

Parker-Hannifin

$175.02

-0.8 (-0.46%)

, SWK

Stanley Black & Decker

$150.97

1.45 (0.97%)

08:03
10/02/17
10/02
08:03
10/02/17
08:03

Parker-Hannifin downgraded after post-election outperformance at Morgan Stanley

As previously reported, Morgan Stanley analyst Nigel Coe downgraded Parker-Hannifin (PH) to Equal Weight from Overweight, as he sees a more balanced risk-reward following the stock's strong outperformance since the election. Coe no longer sees room for Parker-Hannifin to expand its relative premium versus the broader Electrical Equipment and Multi-Industry sector at this point in the cycle, he tells investors. Coe raised his price target on Parker shares to $188 from $187. The analyst also upgraded Stanley Black & Decker (SWK) to Overweight from Equal Weight this morning.

PH

Parker-Hannifin

$175.02

-0.8 (-0.46%)

SWK

Stanley Black & Decker

$150.97

1.45 (0.97%)

  • 24

    Oct

PH Parker-Hannifin
$175.02

-0.8 (-0.46%)

10/02/17
MSCO
10/02/17
DOWNGRADE
MSCO
Equal Weight
Parker-Hannifin downgraded to Equal Weight from Overweight at Morgan Stanley
08/04/17
STFL
08/04/17
NO CHANGE
STFL
Parker-Hannifin guidance 'looks conservative,' says Stifel
Stifel analyst Nathan Jones says that Parker-Hannifin's guidance for 2.5% growth in 2H18 " looks conservative given global macro trends and recent order rates." He raised his price target on the shares to $198 from $189 and keeps a Buy rating on the stock.
07/11/17
WOLF
07/11/17
INITIATION
Target $182
WOLF
Outperform
Parker-Hannifin initiated with an Outperform at Wolfe Research
Wolfe Research initiated Parker-Hannifin with an Outperform and a $182 price target.
06/22/17
WELS
06/22/17
NO CHANGE
WELS
Earthmoving market trends positive, says Wells Fargo
After speaking with 20 "U.S. earthmoving market participants," including Caterpillar (CAT) and Deere (DE), Wells Fargo says that the market appears to be "tightening." Wells says that activity in "most regions" showed "broad-based improvement" through Q2. Wells adds that manufacturers seem to have trouble keeping up with demand. Wells says its checks bode well for Caterpillar, Deere, Cummins (CMI), Eaton (ETN) and Parker-Hannifin (PH). It keeps Outperform rating on Caterpillar and Cummins.
SWK Stanley Black & Decker
$150.97

1.45 (0.97%)

10/02/17
10/02/17
UPGRADE
Target $169

Overweight
Stanley Black & Decker upgraded to Overweight at Morgan Stanley
As previously reported, Morgan Stanley analyst Nigel Coe upgraded Stanley Black & Decker to Overweight from Equal Weight and raised his price target on the stock to $169 from $154, as he believes the company should be able to continue to outgrow the Electrical Equipment and Multi-Industry sector given its FlexVolt and other new projects as well as the launch of Craftsman into Big Box and e-commerce channels. Coe also predicts Stanley B&D can grow its margins beyond its prior peaks by 2019.
10/02/17
MSCO
10/02/17
UPGRADE
MSCO
Overweight
Stanley Black & Decker upgraded to Overweight at Morgan Stanley
07/11/17
WOLF
07/11/17
INITIATION
Target $160
WOLF
Outperform
Stanley Black & Decker initiated with an Outperform at Wolfe Research
Wolfe Research initiated Stanley Black & Decker with an Outperform and a $161 price target.
06/16/17
06/16/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Hasbro (HAS) initiated with a Buy at Argus. 2. Kindred Biosciences (KIN) initiated with a Buy at Aegis. 3. Stanley Black & Decker (SWK) was initiated with a Buy at Seaport Global and resumed with an Outperform at Raymond James. 4. McCormick (MKC) initiated with a Neutral at Goldman Sachs. 5. Texas Instruments (TXN) resumed with a Market Perform at Raymond James. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

PENN

Penn National

$35.05

-0.65 (-1.82%)

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  • 26

    Jul

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$280.81

0.39 (0.14%)

14:02
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General news
Employment continued to rise at 'modest to moderate pace,' Fed says »

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S&P 500

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SPDR S&P 500 ETF Trust

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SPX

S&P 500

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, SPY

SPDR S&P 500 ETF Trust

$280.81

0.39 (0.14%)

14:01
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14:01
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General news
Fed says economic activity continued to expand across the U.S. »

The Federal Reserve said…

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S&P 500

$0.00

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SPY

SPDR S&P 500 ETF Trust

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GOOG

Alphabet

$1,200.65

1.84 (0.15%)

, GOOGL

Alphabet Class A

$1,218.02

4.37 (0.36%)

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GOOG

Alphabet

$1,200.65

1.84 (0.15%)

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Alphabet Class A

$1,218.02

4.37 (0.36%)

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13:55
07/18/18
07/18
13:55
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13:55
Conference/Events
House Financial Services Committee to hold a hearing »

The Monetary Policy &…

GLW

Corning

$29.31

0.12 (0.41%)

13:54
07/18/18
07/18
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13:54
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Corning introduces Gorilla Glass 6, 'most durable cover glass to date' »

Corning introduced its…

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  • 25

    Jul

TSLA

Tesla

$321.21

-1.58 (-0.49%)

13:50
07/18/18
07/18
13:50
07/18/18
13:50
Periodicals
Germany asks Tesla owners to pay back EUR 4000 incentive, electrek says »

Tesla's ongoing…

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  • 07

    Aug

13:45
07/18/18
07/18
13:45
07/18/18
13:45
General news
Fed Chairman Powell's 2-day semi-annual testimony has concluded »

Fed Chairman…

13:45
07/18/18
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13:45
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13:45
General news
Breaking General news story  »

June Beige Book to be…

GM

General Motors

$39.90

-0.15 (-0.37%)

, FCAU

Fiat Chrysler

$19.37

-0.295 (-1.50%)

13:42
07/18/18
07/18
13:42
07/18/18
13:42
Periodicals
The U.S. auto industry aligned in push back on tariffs, WSJ says »

The U.S. auto complex,…

GM

General Motors

$39.90

-0.15 (-0.37%)

FCAU

Fiat Chrysler

$19.37

-0.295 (-1.50%)

DLPH

Delphi Technologies

$45.78

0.87 (1.94%)

BWA

BorgWarner

$46.47

0.8 (1.75%)

MGA

Magna

$61.62

1.03 (1.70%)

03/08/13
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03/08/13
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  • 26

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HPQ

HP Inc.

$23.38

-0.22 (-0.93%)

13:40
07/18/18
07/18
13:40
07/18/18
13:40
Options
Short-term put buying in H-P »

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13:30
07/18/18
07/18
13:30
07/18/18
13:30
General news
FX Action: USD-CAD »

FX Action: USD-CAD has…

13:25
07/18/18
07/18
13:25
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13:25
General news
Treasury Action: yields rebounded from lows »

Treasury Action: yields…

AMGN

Amgen

$193.08

-0.85 (-0.44%)

13:25
07/18/18
07/18
13:25
07/18/18
13:25
Conference/Events
Brookings hosts a conversation with FDA Commisioner Gottlieb »

The USC-Brookings…

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  • 18

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GSK

GlaxoSmithKline

$41.00

-0.145 (-0.35%)

, PFE

Pfizer

$37.63

-0.04 (-0.11%)

13:23
07/18/18
07/18
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13:23
Hot Stocks
GSK's ViiV to share data from landmark 2-drug regimen trials at AIDS 2018 »

ViiV Healthcare, the…

GSK

GlaxoSmithKline

$41.00

-0.145 (-0.35%)

PFE

Pfizer

$37.63

-0.04 (-0.11%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 25

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    Sep

RHT

Red Hat

$147.95

0.43 (0.29%)

13:20
07/18/18
07/18
13:20
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Options
Notable position opened in RedHat »

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  • 08

    Aug

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
07/18/18
07/18
13:17
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13:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
07/18/18
07/18
13:16
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13:16
Technical Analysis
NYSE market internals summary »

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GGP

GGP

$20.45

-0.25 (-1.21%)

13:15
07/18/18
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13:15
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Options
General Growth put volume heavy and directionally bearish »

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NVS

Novartis

$80.55

1.83 (2.32%)

13:12
07/18/18
07/18
13:12
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13:12
Periodicals
Novartis considering range of options for Sandoz generics unit, Bloomberg says »

Novartis is evaluating a…

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NVS

Novartis

$80.56

1.84 (2.34%)

, TEVA

Teva

$23.46

0.32 (1.38%)

13:11
07/18/18
07/18
13:11
07/18/18
13:11
Recommendations
Novartis, Teva, Mylan, Pfizer, Amgen, Eli Lilly analyst commentary  »

Novartis report has…

NVS

Novartis

$80.56

1.84 (2.34%)

TEVA

Teva

$23.46

0.32 (1.38%)

MYL

Mylan

$36.02

-0.35 (-0.96%)

PFE

Pfizer

$37.61

-0.06 (-0.16%)

AMGN

Amgen

$193.01

-0.92 (-0.47%)

LLY

Eli Lilly

$90.07

0.5 (0.56%)

03/08/13
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  • 18

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NSANY

Nissan

$0.00

(0.00%)

, TM

Toyota

$132.32

0.82 (0.62%)

13:10
07/18/18
07/18
13:10
07/18/18
13:10
Periodicals
Trump threatens 'retribution' if EU auto-trade deal isn't fair, WSJ says »

U.S. President Donald…

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$132.32

0.82 (0.62%)

GM

General Motors

$40.06

0.01 (0.02%)

DDAIF

Daimler AG

$0.00

(0.00%)

HMC

Honda

$29.56

-0.07 (-0.24%)

F

Ford

$10.86

-0.005 (-0.05%)

VLKAY

Volkswagen

$0.00

(0.00%)

FCAU

Fiat Chrysler

$19.37

-0.295 (-1.50%)

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  • 25

    Jul

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    Sep

SIRI

Sirius XM

$7.16

0.08 (1.13%)

13:05
07/18/18
07/18
13:05
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13:05
Options
Sirius XM call volume above normal and directionally bullish »

Bullish option flow…

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  • 25

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  • 09

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  • 13

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  • 14

    Aug

SVU

Supervalu

$21.70

-0.635 (-2.84%)

13:01
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07/18
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Blackwells urges Supervalu holders to vote for its six board nominees »

Blackwells Capital, an…

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13:00
07/18/18
07/18
13:00
07/18/18
13:00
General news
Powell acknowledged tariffs could be challenging for monetary policy »

Powell acknowledged…

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