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MBI

MBIA

$6.93

0.22 (3.28%)

, ETM

Entercom

$10.95

0.3 (2.82%)

08:45
11/08/17
11/08
08:45
11/08/17
08:45

Largest borrow rate increases among liquid names

Latest data shows the largest indicative borrow rate increases among liquid option names include: MBIA (MBI) 26.84% +0.19, Entercom (ETM) 32.71% +0.11, Energy Transfer Partners (ETP) 2.03% +0.08, JP Morgan (AMJ) 1.51% +0.03, Oclaro (OCLR) 0.93% +0.03, and NetEase (NTES) 0.34% +0.02.

MBI

MBIA

$6.93

0.22 (3.28%)

ETM

Entercom

$10.95

0.3 (2.82%)

ETP

Energy Transfer Partners

$17.34

0.15 (0.87%)

AMJ

American Medical Laboratories Inc

$27.78

0.2 (0.73%)

OCLR

Oclaro

$5.96

-0.22 (-3.56%)

NTES

NetEase

$306.59

-3.1 (-1.00%)

  • 08

    Nov

  • 15

    Nov

  • 12

    Dec

MBI MBIA
$6.93

0.22 (3.28%)

01/30/17
MKMP
01/30/17
NO CHANGE
Target $15
MKMP
Buy
MBIA weakness a buying opportunity, says MKM Partners
MKM Partners analyst Harry Fong said MBIA shares are down 10% over the past several days likely to stories that Puerto Rico's electric utilities' restructuring agreement may need to be revised. Fong believes the restructuring will be completed as currently structured and would use the weakness in MBIA as a buying opportunity. The analyst rates MBIA a Buy with a $15 price target.
10/05/17
MKMP
10/05/17
NO CHANGE
MKMP
Bond insurer decline could be opportunity, says MKM Partners
After President Trump said all of Puerto Rico's debt would have to be wiped out, MKM PArtners analyst Harry Fong does not expect the debt to actually be wiped out. He believes that taking this step would violate the principles of contract law and could destroy the municipal bond market. The analyst adds that the bond insurers will not face liquidity issues if Puerto Rico's debt is wiped out. He believes that the decline in their stocks could prove to be a buying opportunity. He keeps Buy ratings on Assured Guaranty (AGO) and MBIA (MBI), and he maintains a Neutral rating on Ambac (AMBC).
06/07/17
BTIG
06/07/17
NO CHANGE
BTIG
MBIA may be more likely to accept takeover offer, says BTIG
BTIG analyst Mark Palmer believes that S&P's decision to place the credit rating of MBIA's (MBI) National Public Finance Guarantee Corp.on credit watch negative could increase the chances of MBIA selling itself to Assured Guaranty (AGO). Plamer thinks that such a deal would be a "win-win" for MBIA and Assured Guaranty. He keeps Buy ratings on both stocks.
ETM Entercom
$10.95

0.3 (2.82%)

02/03/17
WELS
02/03/17
NO CHANGE
WELS
Entercom merger with CBS Radio positive, says Wells Fargo
After Entercom (ETM) merged with CBS Radio, Wells Fargo says that the deal is positive for Entercom because it is accretive to its EPS and free cash flow per share, "provides scale," and could enable the company to raise its dividend. Wells keeps an Outperform rating on Entercom.
ETP Energy Transfer Partners
$17.34

0.15 (0.87%)

10/17/17
10/17/17
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. Freeport McMoRan (FCX) downgraded to Sell from Hold at Deutsche Bank with analyst Chris Terry saying he sees an unfavorable risk/reward profile due to valuation and continued uncertainty at Grasberg. 2. Energy Transfer Partners (ETP) downgraded to Neutral from Buy at Goldman Sachs with analyst Theodore Durbin saying he sees a weaker distribution growth outlook and prefers Energy Transfer Equity (ETE) over Energy Transfer Partners. 3. Darden (DRI) downgraded to Hold from Buy at Argus with analyst John Staszak noting the company is not immune from weak conditions in the casual dining industry. 4. Blue Buffalo downgraded to Neutral from Overweight at JPMorgan analyst Ken Goldman saying he sees a more balanced risk/reward saying the company's sales into traditional channels may be weaker than he expected. 5. United Natural Foods (UNFI) downgraded to Underperform at RBC Capital with analyst Bill Kirk saying there is competitive contract risk from Amazon's (AMZN) acquisition of Whole Foods, as Amazon has the ability, incentive and precedent to decrease reliance United Natural Foods. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/17/17
GSCO
10/17/17
DOWNGRADE
Target $20
GSCO
Neutral
Energy Transfer Partners downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Theodore Durbin downgraded Energy Transfer Partners (ETP) to Neutral and lowered his price target for the shares to $20 from $25. The analyst sees a weaker distribution growth outlook and prefers Energy Transfer Equity (ETE) over Energy Transfer Partners. He believes Energy Transfer Equity is better positioned to grow free cash flow and drive above average distribution growth. The analyst this morning upgraded Energy Transfer Equity to Buy.
05/19/17
RBCM
05/19/17
DOWNGRADE
Target $20
RBCM
Sector Perform
PennTex downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Elvira Scotto downgraded PennTex Midstream Partners (PTXP) to Sector Perform from Outperform and raised her price target to $20 from $19 to account for Energy Transfer Partners' (ETP) tender offer to purchase all of the outstanding common units.
10/17/17
10/17/17
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. Biogen (BIIB) upgraded to Buy from Neutral at Mizuho with analyst Thomas Shrader saying he likes what he sees at Biogen again. 2. Prudential (PRU) upgraded to Buy from Neutral at Citi with analyst Suneet Kamath saying Prudential's current valuation does not give the company enough credit for the quality of its business mix. 3. Chevron (CVX) upgraded to Outperform from Neutral at Macquarie with analyst Iain Reid saying cost reduction efforts and new production volumes driving outstanding free cash generation, which should cover capex and the dividend at an oil price below $40/bbl from 2018 onward. 4. Energy Transfer Equity (ETE) upgraded to Buy from Neutral at Goldman Sachs with analyst Theodore Durbin saying he expects Energy Transfer Equity's above average distribution growth to be driven by an improving free cash flow profile. 5. Emerson (EMR) was upgraded to Outperform from Market Perform at Cowen and to Buy from Neutral at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
AMJ American Medical Laboratories Inc
$27.78

0.2 (0.73%)

OCLR Oclaro
$5.96

-0.22 (-3.56%)

11/02/17
11/02/17
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. Square (SQ) downgraded to Hold from Buy at Stifel with analyst Scott Devitt citing valuation for the rating change and upped his price target for the shares to $36 from $29. 2. Papa John's (PZZA) downgraded to Neutral from Buy at BTIG with analyst Peter Saleh citing an uncertain sales outlook, increased competitive pressures, and modest earnings growth near-term. 3. Newell Brands (NWL) downgraded to Neutral from Overweight at JPMorgan with analyst Andrea Teixeira citing the company's third quarter miss and lowered fiscal 2017 guidance. This marks the second time in two months Newell lowered its outlook, Teixeira tells investors in a post-earnings research note. 4. Oclaro (OCLR) downgraded to Buy from Strong Buy at Needham and to Hold from Buy at Craig-Hallum. 5. DSW (DSW) downgraded to Neutral from Buy at B. Riley FBR with analyst Jeff Van Sinderen saying the multi-year fashion shift away from boots is intensifying, and is being made worse by warmer weather. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/02/17
STFL
11/02/17
NO CHANGE
STFL
Facebook capex guidance positive for optical component suppliers, says Stifel
Stifel analyst Patrick Newton said Facebook's (FB) guidance for capital expenditures to double from a targeted $7B in 2017 to $14B in 2018 as a positive data point for Finisar (FNSR), Lumentum (LITE), Oclaro (OCLR), Fabrinet (FN), Infinera (INFN) and Ciena (CIEN). He believes Facebook's guidance reaffirms that cloud infrastructure spending is a multi-year trend and the weakness currently being experienced by optical component suppliers represents a near-term issue around timing of expenditures.
11/02/17
NEED
11/02/17
DOWNGRADE
Target $9
NEED
Buy
Oclaro downgraded to Buy at Needham on weak guidance
As previously reported, Needham analyst Alex Henderson downgraded Oclaro to Buy from Strong Buy and cut his price target to $9 from $14. Henderson is citing the company's soft Q2 guidance and management commentary that China will not recover until the second half of 2018 as a result of inventory overhang and limited customer demand visibility.
11/02/17
CHLM
11/02/17
DOWNGRADE
Target $7
CHLM
Hold
Oclaro downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Richard Shannon downgraded Oclaro to Hold from Buy, while waiting for acceleration in leading edge 400G+ products and given a poor December quarter guide, driven by cloud pauses and technology shifts. The analyst also lowered his price target on the shares to $7 from $12.
NTES NetEase
$306.59

-3.1 (-1.00%)

11/06/17
GSCO
11/06/17
NO CHANGE
Target $320
GSCO
Buy
NetEase battle game early signs encouraging, says Goldman Sachs
Goldman Sachs analyst Fan Liu noted that NetEase's just-launched "Wildness" and "Terminator 2: Judgment Day" shooting battle games rose to the No. 1 and No. 2 positions, respectively, in terms of app downloads, citing data from AppAnnie. The analyst, who called the early launch signs "encouraging," maintains a Buy rating and $320 price target on NetEase shares.
10/04/17
LEHM
10/04/17
INITIATION
Target $260
LEHM
Equal Weight
NetEase initiated with an Equal Weight at Barclays
Barclays analyst Gregory Zhao started NetEase with an Equal Weight rating and $260 price target. The analyst thinks the company lacks a catalyst in the absence of blockbuster titles and sees downside risk to 2018 estimates.
10/06/17
DBAB
10/06/17
NO CHANGE
Target $325
DBAB
Buy
NetEase Q3 miss could cause another 'shake out,' says Deutsche Bank
Softness in mobile gaming could drive a Q3 earnings miss for NetEase, Deutsche Bank analyst Han Joon Kim tells investors in a pre-earnings research note. A miss could prompt another "shake out in the stock" and help reset expectations, the analyst adds. He believes bearish sentiment on NetEase could be coming to an end, however, especially if the company's new game pipeline unveiling in December is promising. The analyst lowered his price target for the shares to $325 from $348 and keeps a Buy rating on the name.
10/30/17
UBSW
10/30/17
DOWNGRADE
UBSW
Neutral
NetEase downgraded to Neutral from Buy at UBS

TODAY'S FREE FLY STORIES

AXTA

Axalta Coating

$29.70

-0.64 (-2.11%)

06:49
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AVY

Avery Dennison

$105.49

-1.505 (-1.41%)

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HIW

Highwoods Properties

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Highwoods Properties

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AMTD

TD Ameritrade

$59.07

-2.14 (-3.50%)

06:48
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VXX

iPath S&P 500 VIX Short-Term Futures

$44.04

2.11 (5.03%)

06:48
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BKU

BankUnited

$39.42

-0.37 (-0.93%)

06:48
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Earnings
BankUnited reports Q1 EPS 77c, consensus 72c »

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  • 25

    Apr

TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$8.03

0.71 (9.70%)

06:48
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AVY

Avery Dennison

$105.49

-1.505 (-1.41%)

06:47
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Hot Stocks
Avery Dennison sees $25M in annualized savings from restructuring plan »

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  • 25

    Apr

SVXY

ProShares Short VIX Short-Term Futures

$11.98

-0.32 (-2.60%)

06:47
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AXTA

Axalta Coating

$29.70

-0.64 (-2.11%)

06:47
04/25/18
04/25
06:47
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06:47
Earnings
Axalta Coating reports Q1 EPS 28c, consensus 24c »

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  • 25

    Apr

  • 02

    May

AVY

Avery Dennison

$105.49

-1.505 (-1.41%)

06:47
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04/25
06:47
04/25/18
06:47
Earnings
Avery Dennison raises FY18 adjusted EPS view to $5.85-$6.05 from $5.70-$5.95 

FY18 consensus $5.88.

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  • 25

    Apr

CBS

CBS

$49.96

0.255 (0.51%)

, VIA

Viacom

$35.50

-0.3 (-0.84%)

06:45
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Periodicals
Questions over Bakish's role hold up Viacom-CBS deal, WSJ reports »

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CBS

CBS

$49.96

0.255 (0.51%)

VIA

Viacom

$35.50

-0.3 (-0.84%)

VIAB

Viacom

$30.91

-0.14 (-0.45%)

03/08/13
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  • 25

    Apr

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  • 03

    May

CREE

Cree

$39.39

-1 (-2.48%)

06:45
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  • 14

    Aug

AVY

Avery Dennison

$105.49

-1.505 (-1.41%)

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  • 25

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USO

United States Oil Fund

$13.68

-0.245 (-1.76%)

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NDAQ

Nasdaq

$86.27

-0.65 (-0.75%)

06:44
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Nasdaq's market surveillance technology selected by Gemini Trust »

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  • 25

    Apr

XOP

SPDR Oil Exploration and Production Fund

$38.64

-0.49 (-1.25%)

06:44
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SPDR Oil Exploration and Production Fund: Pivot points »

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DGAZ

VelocityShares 3x Inv Natural Gas ETN

$26.19

-1.02 (-3.75%)

06:43
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VelocityShares 3x Inv Natural Gas ETN: Pivot points »

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UGAZ

VelocityShares 3x Long Natural Gas ETN

$59.97

2.29 (3.97%)

06:42
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Technical Analysis
VelocityShares 3x Long Natural Gas ETN: Pivot points »

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BSX

Boston Scientific

$28.43

-0.39 (-1.35%)

06:42
04/25/18
04/25
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06:42
Earnings
Boston Scientific raises FY18 adj. EPS view to $1.37-$1.41 from $1.35-$1.39 »

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  • 25

    Apr

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  • 07

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EWZ

MSCI Brazil Index

$42.39

-0.22 (-0.52%)

06:42
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Technical Analysis
MSCI Brazil Index: Pivot points »

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F

Ford

$10.95

-0.08 (-0.73%)

06:41
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04/25
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06:41
Periodicals
Ford's Zotye venture could be sped up if China relaxes rules, Reuters reports »

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  • 25

    Apr

  • 01

    May

EFA

iShares MSCI EAFE Index Fund

$70.67

-0.28 (-0.39%)

06:41
04/25/18
04/25
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Technical Analysis
iShares MSCI EAFE Index Fund: Pivot points »

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