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WTTR

Select Energy Services

$15.93

0.48 (3.11%)

, XOG

Extraction Oil & Gas

$14.88

-0.23 (-1.52%)

04:55
11/29/17
11/29
04:55
11/29/17
04:55

Jefferies to hold a conference

Energy Conference is being held in Houston, Texas on November 28-29.

WTTR

Select Energy Services

$15.93

0.48 (3.11%)

XOG

Extraction Oil & Gas

$14.88

-0.23 (-1.52%)

PAAS

Pan American Silver

$15.13

-0.05 (-0.33%)

ENLC

EnLink Midstream

OGS

One Gas

$78.11

0.81 (1.05%)

NFX

Newfield Exploration

$29.92

0.23 (0.77%)

CLR

Continental Resources

$45.57

0.43 (0.95%)

SND

Smart Sand

$7.89

0.09 (1.15%)

RES

RPC, Inc.

$23.56

0.3 (1.29%)

WRD

WildHorse Resource

$16.51

-0.37 (-2.19%)

SRCI

SRC Energy

$8.53

0.14 (1.67%)

UGI

UGI Corporation

$47.93

0.04 (0.08%)

FET

Forum Energy

$13.85

0.45 (3.36%)

TUSK

Mammoth Energy

$20.03

1.32 (7.06%)

FI

Frank's International

$6.16

-0.05 (-0.81%)

COG

Cabot Oil & Gas

$29.10

-0.04 (-0.14%)

SMM

Salient Midstream

$9.74

-0.04 (-0.41%)

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    May

WTTR Select Energy Services
$15.93

0.48 (3.11%)

09/27/17
SBSH
09/27/17
DOWNGRADE
Target $15
SBSH
Sell
Select Energy Services downgraded to Sell from Buy at Citi
Citi analyst Michael Sabella double downgraded Select Energy Services to Sell from Buy saying his recent trip to the Permian revealed the potential for lower freshwater demand. The company's business model is built on sourcing and delivering freshwater for fraccing, and exploration companies reusing produced water likely has a negative impact on previous growth expectations, Sabella tells investors in a research note. He cut his price target for Select Energy shares to $15 from $18.
05/19/17
WELS
05/19/17
INITIATION
Target $20
WELS
Outperform
Select Energy Services initiated with an Outperform at Wells Fargo
Wells Fargo analyst Judson Bailey started Select Energy Services with an Outperform rating and $20 price target. The company has "attractive stage count leverage" similar to the proppant industry, the analyst contends.
11/28/17
11/28/17
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. Loxo Oncology (LOXO) initiated with an Outperform at William Blair. 2. Aquantia (AQ) initiated with a Buy at Needham and Deutsche Bank, an Outperform at Raymond James, as well as an Overweight at Morgan Stanley and Barclays. 3. Mirna Therapeutics (MIRN) initiated with an Outperform at Wedbush. 4. Select Energy Services (WTTR) resumed with an Outperform at Wells Fargo. 5. Nexa Resources (NEXA) initiated with an Outperform at Credit Suisse. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/28/17
WELS
11/28/17
INITIATION
Target $20
WELS
Outperform
Select Energy Services resumed with an Outperform at Wells Fargo
Wells Fargo analyst Judson Bailey resumed coverage of Select Energy Services with an Outperform rating and $20 price target. The company's leverage to the "positive growth trends" in pre-frac water demand create an attractive risk/reward profile, the analyst contends.
XOG Extraction Oil & Gas
$14.88

-0.23 (-1.52%)

10/09/17
JEFF
10/09/17
INITIATION
Target $14
JEFF
Hold
Extraction Oil & Gas initiated with a Hold at Jefferies
Target $14.
10/02/17
WILL
10/02/17
INITIATION
Target $21
WILL
Buy
Extraction Oil & Gas initiated with a Buy at Williams Capital
Williams Capital analyst Gabriele Sorbara initiated Extraction Oil & Gas with a Buy and $21 price target.
11/15/17
11/15/17
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. Albireo Pharma (ALBO) initiated with a Buy at Roth Capital. 2. Qudian (QD) was initiated with a Buy at Stifel and an Equal Weight at Morgan Stanley. 3. Platform Specialty Products (PAH) reinitiated with a Neutral at Credit Suisse. 4. Karyopharm (KPTI) assumed with a Buy at H.C. Wainwright. 5. Extraction Oil & Gas (XOG) initiated with an Outperform at Imperial Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/15/17
IMPC
11/15/17
INITIATION
Target $20
IMPC
Outperform
Extraction Oil & Gas initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started Extraction Oil & Gas with an Outperform rating and $20 price target. The analyst views the company as an attractive oil leveraged idea.
PAAS Pan American Silver
$15.13

-0.05 (-0.33%)

11/14/17
11/14/17
UPGRADE
Target $5.25

Buy
Hecla Mining upgraded to Buy after post-earnings pullback at Canaccord
As previously reported, Canaccord analyst Dalton Baretto upgraded Hecla Mining (HL) to Buy from Hold, stating that he does not believe the selloff in the stock since the company's Q3 report is justified. Hecla reported strong production, but lower than expected revenue due to timing of shipments, which he expects to reverse next quarter, Baretto tells investors. The analyst, who also views the post-earnings selloff in Pan American Silver (PAAS) as overdone, now has Buy ratings on both miners. He has a $5.25 price target on Hecla and a $23 price target on Pan American.
11/22/17
FBCO
11/22/17
UPGRADE
Target $25
FBCO
Outperform
Pan American Silver upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Robert Reynolds upgraded Pan American Silver to Outperform and raised his price target for the shares to C$25 from C$24. The 4% pullback in shares since the Q3 results provides an attractive valuation and entry point, Reynolds tells investors in a research note following the company's investor day.
11/21/17
RAJA
11/21/17
UPGRADE
Target $19.5
RAJA
Outperform
Pan American Silver upgraded to Outperform from Market Perform at Raymond James
Raymond James analyst Brian MacArthur upgraded Pan American Silver to Outperform citing the recent pullback in shares.
11/22/17
11/22/17
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. Kellogg (K) upgraded to Buy from Hold at Argus with analyst David Coleman saying that despite the challenging operating environment, the company will benefit from diminishing currency headwinds and new product launches in the coming quarters. 2. Dominion (D) upgraded to Buy from Neutral at BofA/Merrill with analyst Julien Dumoulin-Smith citing improved prospects for a tax reform resolution at VEPCO and expectations for improved execution. 3. Pan American Silver (PAAS) upgraded to Outperform from Neutral at Credit Suisse with analyst Robert Reynolds saying the 4% pullback in shares since the third quarter results provides an attractive valuation and entry point. 4. New Jersey Resources (NJR) upgraded to Buy from Neutral at Janney Capital. 5. Terreno Realty (TRNO) upgraded to Buy from Neutral at National Securities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
ENLC EnLink Midstream

11/17/17
GSCO
11/17/17
UPGRADE
Target $17
GSCO
Neutral
EnLink Midstream upgraded to Neutral from Sell at Goldman Sachs
Goldman analyst Michaela Weber assumed coverage on EnLink Midstream with a Neutral rating from a Sell rating and a $17 price target saying shares should trade in line with peers based on strong coverage and growing asset exposure.
10/24/17
10/24/17
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. Hasbro (HAS) upgraded to Overweight from Equal Weight at Barclays with analyst Felicia Hendrix saying she believes the 8.6% selloff in shares yesterday on news of the Toys R Us bankruptcy is overdone. 2. Party City (PRTY) upgraded to Outperform from Market Perform at BMO Capital with analyst Wayne Hood saying the 34% pullback in shares over the past 12 months creates a favorable risk/reward entry point. 3. Alon USA Partners (ALDW) upgraded to Outperform from Neutral at Macquarie. 4. EnLink Midstream (ENLC) upgraded to Buy from Neutral at UBS with analyst Shneur Gershuni saying the company's 16% interest in Oklahoma Tall Oak is underappreciated following the recent selloff in the shares. 5. Delek US (DK) upgraded to Outperform from Neutral at Macquarie. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/24/17
UBSW
10/24/17
UPGRADE
Target $19
UBSW
Buy
EnLink Midstream upgraded to Buy from Neutral at UBS
UBS analyst Shneur Gershuni upgraded EnLink Midstream (ENLC) to Buy with an unchanged price target of $19. The company's 16% interest in Oklahoma Tall Oak is underappreciated following the recent selloff in the shares, Gershuni tells investors in a research note. The analyst believes Oklahoma Tall Oak will rise to 19% of discounted cash flow in 2018 and be the differentiator in forward performance relative to EnLink Midstream Partners (ENLK).
10/10/17
GHSC
10/10/17
INITIATION
Target $16
GHSC
Neutral
EnLink Midstream initiated with a Neutral at Seaport Global
Seaport Global analyst Bernie Colson initiated EnLink Midstream with a Neutral and $16 price target.
OGS One Gas
$78.11

0.81 (1.05%)

01/12/17
JEFF
01/12/17
DOWNGRADE
JEFF
Underperform
ONE Gas downgraded to Underperform from Hold at Jefferies
01/12/17
JEFF
01/12/17
DOWNGRADE
Target $54
JEFF
Underperform
ONE Gas downgraded to Underperform from Hold at Jefferies
Jefferies analyst Christopher Sighinolfi downgraded ONE Gas to Underperform saying the risk/reward is "negatively skewed" with an elevated valuation and the rising interest rate environment. The analyst has a $54 price target for the shares.
02/22/17
02/22/17
NO CHANGE

ONE Gas sees FY17 EPS $2.87-$3.07, consensus $2.95
10/02/17
UBSW
10/02/17
DOWNGRADE
Target $72
UBSW
Sell
One Gas downgraded to Sell from Neutral at UBS
UBS analyst Shneur Gershuni downgraded One Gas to Sell citing valuation and the company's "lower-than-average" long-term growth. The analyst sees the company's period of high growth slowing due to less relative rate base growth opportunities. Gershuni keeps a $72 price target for the shares.
NFX Newfield Exploration
$29.92

0.23 (0.77%)

10/13/17
BMOC
10/13/17
DOWNGRADE
BMOC
Market Perform
Newfield Exploration downgraded to Market Perform at BMO Capital
08/29/17
JEFF
08/29/17
NO CHANGE
Target $25
JEFF
Buy
Jefferies cuts oil forecast, Exploration & Production price targets
Jefferies lowered its Brent estimate to $57 per barrel from $64 in 2018, to $60 from $67 in 2019, and to $65 from $70 in 2020. The market appears to be adequately supplied in the near term, but depleting proved developed reserves and shrinking spare capacity should support rising longer-term price assumption, analyst Michael Hsu tells investors in a research note. To reflect the reduced forecast, the analyst cut his price targets for names in the Exploration & Production space. Target cuts include Buy-rated Carrizo Oil & Gas (CRZO) to $25 from $32, Buy-rated Continental Resources (CLR) to $42 from $52, Buy-rated Newfield Exploration (NFX) to $40 from $46, Buy-rated Noble Energy (NBL) to $32 from $36, Buy-rated Oasis Petroleum (OAS) to $13 from $16, Buy-rated Pioneer Natural Resources (PXD) to $171 from $192 and Buy-rated Range Resources (RRC) to $36 from $37.
06/21/17
GHSC
06/21/17
DOWNGRADE
Target $24
GHSC
Sell
Newfield Exploration downgraded to Sell from Buy at Seaport Global
Seaport Global analyst Mike Kelly downgraded Newfield to Sell from Buy and slashed its price target to $24 from $50 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.
10/13/17
BMOC
10/13/17
DOWNGRADE
Target $32
BMOC
Market Perform
Newfield downgraded to Market Perform with $32 target at BMO Capital
BMO Capital analyst Dan McSpirit downgraded Newfield Exploration (NFX) to Market Perform from Outperform and lowered his price target for the shares to $32 from $34. The analyst sees a "less compelling value proposition" at current trading levels after reviewing recent well results. He sees a more attractive risk/reward in shares of Diamondback Energy (FANG).
CLR Continental Resources
$45.57

0.43 (0.95%)

09/19/17
IMPC
09/19/17
INITIATION
Target $41
IMPC
In-Line
Continental Resources initiated with an In-Line at Imperial Capital
Imperial Capital analyst Jason Wangler started Continental Resources with an In-Line rating and $41 price target.
11/09/17
IMPC
11/09/17
UPGRADE
Target $60
IMPC
Outperform
Continental Resources upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital analyst Jason Wangler upgraded Continental Resources to Outperform and raised his price target for the shares to $60 from $41 following the company's Q3 results. Continental's production ramp in Q4 should drive "significant growth" that could generate positive free cash flow in 2018, the analyst contends.
10/12/17
RHCO
10/12/17
NO CHANGE
Target $50
RHCO
Buy
Continental Resources Q3 production to top estimates, says SunTrust
SunTrust analyst Neal Dingmann raised his price target on Continental Resources to $50 from $47 ahead of Q3 results. He says production will be "slightly higher" than the analyst consensus and prior company forecasts, while the production mix will be "oilier" than expected. Dingmann also notes M&A activity as a potential catalyst, with prospects to enter a joint venture to develop assets and more non-core asset sales at favorable prices. Dingmann maintains a Buy rating on Continental Resources.
SND Smart Sand
$7.89

0.09 (1.15%)

10/10/17
DBAB
10/10/17
INITIATION
Target $9
DBAB
Buy
Smart Sand initiated with a Buy at Deutsche Bank
Deutsche Bank analyst David Havens started Smart Sand with a Buy rating and $9 price target.
11/15/17
JEFF
11/15/17
DOWNGRADE
Target $9
JEFF
Hold
Smart Sand downgraded to Hold from Buy at Jefferies
Jefferies analyst Brad Handler downgraded Smart Sand to Hold with the shares up 70% since mid-August. The analyst sees risk of slower volume ramp in 2018 and notes the company faces substantial capital expenditures to diversify supply and build distribution capability to help spot sales. He raised his price target for the shares to $9 from $7.
07/20/17
07/20/17
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. Pfizer (PFE) downgraded to Neutral from Outperform at Credit Suisse with analyst Vamil Divan saying he believes the stock's upside drivers are more limited over the next year. 2. Rite Aid (RAD) downgraded to Neutral from Buy at Mizuho. 3. Fairmount Santrol (FMSA) was downgraded to Sell from Neutral at Goldman Sachs and to Neutral from Outperform at Credit Suisse. 4. New Relic (NEWR) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Sanjit Singh saying shares are up 71% year-to-date and valuation captures solid fundamentals but sees fewer catalysts. 5. Smart Sand (SND) downgraded to Neutral from Outperform at Credit Suisse with analyst James Wicklund saying the regional sand volumes capacity is expanding much faster than had been expected. This drives lower pricing and demand for non-Texas mines, he adds. The analyst also lowered his price target on the shares to $8.50 from $20. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/03/17
FBCO
10/03/17
NO CHANGE
Target $4
FBCO
Neutral
Credit Suisse says Smart Sand valuation implies $6/share value for Fairmount
Credit Suisse analyst James Wicklund noted that Bloomberg is reporting that SCR-Sibelco, the owner of Unimin, is weighing a takeover of Fairmount Santrol (FMSA). Such a deal, if completed, would create "a frac sand behemoth" but he has questions around the ability to arrive at an acceptable price. Regional sand mines have recently been purchased at $80-$100/ton of capacity, while Smart Sand (SND) opened at a value of about $140/ton of capacity. Applying the Smart Sand valuation implies $6 per share for Fairmount, said Wicklund, who has a Neutral rating and $4 price target on the stock.
RES RPC, Inc.
$23.56

0.3 (1.29%)

11/10/17
BMOC
11/10/17
NO CHANGE
Target $29
BMOC
Outperform
RPC, Inc price target raised to $29 from $26 at BMO Capital
BMO Capital analyst Daniel Boyd raised his price target on RPC to $29 and kept his Outperform rating. Boyd says the company's Q3 results and reinstated dividend support his view that RPC leads its peers on both asset-level profitability and shareholder returns. The analyst also notes the company sees its utilization rate rising from mid-80s in Q3 to about 100% in Q4, supporting next quarter's estimates as well as expectations for hydraulic horsepower deployment growth in 2018.
11/17/17
WELS
11/17/17
NO CHANGE
WELS
Wells elevates C&J to top pick in Pressure Pumping
With higher oil prices and a tight supply/demand balance, the Pressure Pumping market remains one of the most attractive segments in Oil Services & Equipment, Wells Fargo analyst Judson Bailey tells investors in a research note. After looking at valuations post the Q3 earnings reports, the analyst elevates C&J Energy Services (CJ) to his top pick in the space. Following C&J are Keane Group (FRAC), Patterson-UTI (PTEN), RPC, Inc. (RES) and Superior Energy (SPN).
11/14/17
11/14/17
DOWNGRADE
Target $25

Underweight
RPC, Inc. downgraded to Underweight on valuation at Morgan Stanley
As previously reported, Morgan Stanley analyst Ole Slorer downgraded RPC, Inc. to Underweight from Equal Weight, stating that he sees better opportunities elsewhere following the stock's outperformance over the last six months. While he expects RPC to continue being a best-in-class operational performer, he thinks much of its "good news" has already played out. Slorer keeps a $25 price target on RPC shares.
11/14/17
MSCO
11/14/17
DOWNGRADE
MSCO
Underweight
RPC, Inc. downgraded to Underweight from Equal Weight at Morgan Stanley
WRD WildHorse Resource
$16.51

-0.37 (-2.19%)

08/01/17
IMPC
08/01/17
INITIATION
Target $22
IMPC
Outperform
WildHorse Resource initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started WildHorse Resource Development with an Outperform rating and $22 price target.
09/27/17
IBER
09/27/17
INITIATION
Target $18
IBER
Outperform
WildHorse Resource initiated with an Outperform at Iberia
Iberia analyst Geoff Jacques started WildHorse Resource Development with an Outperform rating and $18 price target.
07/19/17
BOFA
07/19/17
INITIATION
Target $16
BOFA
Buy
WildHorse Resource reinstated with a Buy at BofA/Merrill
BofA/Merrill analyst Asit Sen reinstated WildHorse Resource with a Buy and a $16 price target.
07/24/17
LEHM
07/24/17
INITIATION
Target $19
LEHM
Overweight
WildHorse Resource reinstated with an Overweight at Barclays
Barclays analyst Oswald Cheung reinstated WildHorse Resource Development with an Overweight rating and $19 price target. The company's latest acquisition "cements its position" as the largest acreage holder in the east Texas Eagle Ford Shale, the analyst contends.
SRCI SRC Energy
$8.53

0.14 (1.67%)

09/28/17
IMPC
09/28/17
INITIATION
Target $11
IMPC
Outperform
SRC Energy initiated with an Outperform at Imperial Capital
Imperial Capital analyst Irene Haas started SRC Energy with an Outperform rating and $11 price target.
10/09/17
JEFF
10/09/17
INITIATION
Target $12
JEFF
Buy
SRC Energy initiated with a Buy at Jefferies
Target $12.
06/21/17
GHSC
06/21/17
DOWNGRADE
GHSC
Neutral
SRC Energy downgraded to Neutral from Buy at Seaport Global
05/03/17
WELS
05/03/17
DOWNGRADE
WELS
Market Perform
Extraction downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst David Tameron downgraded Extraction Oil & Gas (XOG) to Market Perform saying the preliminary findings regarding the tragic situation in Firestone, Colorado will be an overhang on the Denver-Julesburg Basin players. All DJ basin-exposed names will remain under pressure given the fear of a potential regulatory response, Tameron tells investors in a research note. The analyst lowered his price target range for the shares to $14-$17 from $20-$23. Tameron this morning also downgraded Anadarko (APC) and SRC Energy (SRCI) to Market Perform. He notes that Market Perform-rated Noble Energy (NBL) and PDC Energy (PDCE) also have meaningful DJ basin exposure.
UGI UGI Corporation
$47.93

0.04 (0.08%)

12/20/16
UBSW
12/20/16
INITIATION
Target $47
UBSW
Neutral
UGI Corporation initiated with a Neutral at UBS
UBS analyst Shneur Gershuni started UGI Corporation with a Neutral rating and $47 price target.
FET Forum Energy
$13.85

0.45 (3.36%)

08/24/17
08/24/17
DOWNGRADE
Target $12

Neutral
Forum Energy downgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst Jacob Lundberg downgraded Forum Energy to Neutral from Outperform on margin uncertainty. The analyst notes the company has not come close to achieving a 50% incremental margin quarter and has "significantly" lagged the incremental margin performance of its peers. Lundberg also lowered his price target on the shares to $12 from $23.
08/24/17
FBCO
08/24/17
DOWNGRADE
FBCO
Neutral
Forum Energy downgraded to Neutral from Outperform at Credit Suisse
07/28/17
SOCO
07/28/17
DOWNGRADE
Target $16
SOCO
Equalweight
Forum Energy downgraded to Equalweight from Overweight at Capital One
Capital One analyst Joseph Gibney downgraded Forum Energy to Equalweight and lowered his price target for the shares to $16 from $19 following the company's Q2 results.
10/10/17
DBAB
10/10/17
INITIATION
Target $17
DBAB
Hold
Forum Energy initiated with a Hold at Deutsche Bank
Deutsche Bank analyst David Havens started Forum Energy with a Hold rating and $17 price target.
TUSK Mammoth Energy
$20.03

1.32 (7.06%)

08/08/17
FBCO
08/08/17
NO CHANGE
Target $18
FBCO
Outperform
Mammoth Energy price target lowered to $18 from $25 at Credit Suisse
Credit Suisse analyst James Wicklund lowered his price target for Mammoth Energy to $18 from $25 on valuation. The analyst notes that the company's results for Q2 beat revenue, EBITDA and EPS estimates as its proppant services handily beat expectations while pressure pumping slightly lagged. He reiterates an Outperform rating on the shares.
10/05/17
JEFF
10/05/17
INITIATION
Target $18
JEFF
Hold
Mammoth Energy initiated with a Hold at Jefferies
Jefferies analyst Brad Handler started Mammoth Energy Services with a Hold rating and $18 price target. The analyst believes the valuation at current levels warrants some caution.
10/05/17
10/05/17
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. Gilead (GILD) initiated with a Perform at Oppenheimer. 2. Mammoth Energy (TUSK) initiated with a Hold at Jefferies. 3. Heska (HSKA) initiated with a Buy at Canaccord. 4. Angie's List (ANGI) reinitiated with an Outperform at Oppenheimer. 5. CoStar Group (CSGP) reinstated with a Buy at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/18/17
IMPC
08/18/17
INITIATION
Target $16
IMPC
Outperform
Mammoth Energy initiated with an Outperform at Imperial Capital
Imperial Capital analyst Jason Wangler started Mammoth Energy Services with an Outperform rating and $16 price target.
FI Frank's International
$6.16

-0.05 (-0.81%)

11/07/17
FBCO
11/07/17
DOWNGRADE
Target $4
FBCO
Underperform
Frank's International downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst James Wicklund downgraded Frank's International to Underperform and cut his price target for the shares in half to $4 from $8. The analyst sees no support for the valuation saying a return to drilling complex deepwater wells is still at least a couple of years away. He views the company's suspension of the dividend as a prudent move.
09/27/17
JPMS
09/27/17
DOWNGRADE
JPMS
Underweight
Frank's International downgraded to Underweight from Neutral at JPMorgan
09/27/17
JPMS
09/27/17
DOWNGRADE
JPMS
Underweight
Follow-up: Frank's International downgraded to Underweight at JPMorgan
As previously reported JPMorgan downgraded Frank's International to Underweight from Neutral and cut its price target to $5 from $7. Analyst Sean Meakim said shares have benefited recently from a "catch up" trade in oil service providers and believes the market is likely to be more skeptical of consensus expectations. Meakim is also cautious on Frank's due to the near continuous rotation of leadership and is not convinced the outlook for deepwater has changed materially.
10/10/17
DBAB
10/10/17
INITIATION
Target $7
DBAB
Hold
Frank's International initiated with a Hold at Deutsche Bank
Deutsche Bank analyst David Havens started Frank's International with a Hold rating and $7 price target.
COG Cabot Oil & Gas
$29.10

-0.04 (-0.14%)

11/09/17
11/09/17
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. Square (SQ) upgraded to Buy from Neutral at Guggenheim. 2. T-Mobile (TMUS) upgraded to Buy from Hold at Deutsche Bank with analyst Matthew Niknam saying his unchanged price target of $65 represents 17% upside. 3. NetApp (NTAP) upgraded to Overweight from Underweight at Barclays with analyst Mark Moskowitz saying he sees NetApp benefiting from market share gains in all-flash arrays and easing cloud-related headwinds over the next 6-12 months. 4. Cabot Oil & Gas (COG) upgraded to Buy from Hold at Drexel Hamilton with analyst Robert Christensen citing news the U.S. Court of Appeals for the District of Columbia has denied an emergency motion to stay the Federal Energy Regulatory Commission's authorization of the company's Atlantic Sunrise pipeline project, allowing construction to recommence. 5. Zimmer Biomet (ZBH) upgraded to Buy from Hold at Edward Jones. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/09/17
DRXL
11/09/17
UPGRADE
DRXL
Buy
Cabot Oil & Gas upgraded to Buy from Hold at Drexel Hamilton
Drexel Hamilton analyst Robert Christensen upgraded Cabot Oil & Gas to Buy and raised its price target to $32 from $29 following news the U.S. Court of Appeals for the District of Columbia has denied an emergency motion to stay the Federal Energy Regulatory Commission's authorization of the company's Atlantic Sunrise pipeline project, allowing construction to recommence.
11/27/17
JPMS
11/27/17
NO CHANGE
Target $37
JPMS
Overweight
Cabot Oil & Gas price target raised to $37 from $32 at JPMorgan
JPMorgan analyst Michael Glick raised his price target for Cabot Oil & Gas to $37 saying his analysis indicates the stock's outperformance can continue. The analyst believes Cabot is often forgotten in the context of corporate tax reform. He notes that his work indicates a lower corporate tax rate "is particularly meaningful" for the company. Glick keeps an Overweight rating on the shares.
11/07/17
11/07/17
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. Priceline (PCLN) downgraded to Neutral from Buy at Guggenheim. 2. Exxon Mobil (XOM) downgraded to Reduce from Hold at HSBC with analyst Gordon Gray saying he compares Exxon's valuation to Buy rated Shell's (RDS.A) saying it is a third higher, yet Shell generated $7B more underlying cash flow in the past 12 months, and he thinks Exxon's capex will rise by much more in 2018 in comparison. 3. Teva (TEVA) downgraded to Reduce from Hold at HSBC with analyst Steve McGarry saying the balance sheet is "over-stretched." 4. Cabot Oil & Gas (COG) downgraded to Hold from Buy at Drexel Hamilton with analyst Bob Christensen citing the temporary stay issued on the Atlantic Sunrise pipeline. 5. SMIC (SMI) downgraded to Underperform from Neutral at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SMM Salient Midstream
$9.74

-0.04 (-0.41%)

TODAY'S FREE FLY STORIES

03:10
12/13/17
12/13
03:10
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03:10
General news
FX Action: USD-CAD has settled in the mid 1.28s »

FX Action: USD-CAD has…

02:35
12/13/17
12/13
02:35
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02:35
General news
FX Update: The dollar took a clobber on U.S. political news »

FX Update: The dollar…

SNY

Sanofi

$43.96

0.26 (0.59%)

02:25
12/13/17
12/13
02:25
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02:25
Conference/Events
Sanofi to hold analyst day »

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  • 13

    Dec

  • 18

    Jan

  • 25

    Mar

  • 02

    May

IRM

Iron Mountain

$37.80

-2.9 (-7.13%)

19:44
12/12/17
12/12
19:44
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19:44
Syndicate
Iron Mountain 14.5M share Secondary priced at $37.00 »

JPMorgan, BofA/Merrill,…

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  • 13

    Dec

BTC

Bitcoin

, BITCOIN

Bitcoin

19:01
12/12/17
12/12
19:01
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19:01
Hot Stocks
SEC chairman: Cryptocurrency tech may prove to be 'disruptive' »

SEC chairman Jay Clayton…

BTC

Bitcoin

BITCOIN

Bitcoin

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  • 12

    Dec

STI

SunTrust

$65.54

0.92 (1.42%)

18:57
12/12/17
12/12
18:57
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18:57
Upgrade
SunTrust rating change at Keefe Bruyette »

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  • 19

    Jan

ZION

Zions Bancorp

$50.46

0.52 (1.04%)

18:55
12/12/17
12/12
18:55
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18:55
Upgrade
Zions Bancorp rating change at Keefe Bruyette »

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PFE

Pfizer

$36.58

0.37 (1.02%)

, CLLS

Cellectis

$24.02

-1.11 (-4.42%)

18:44
12/12/17
12/12
18:44
12/12/17
18:44
Hot Stocks
Pfizer's, Servier's UCART19 candidate shows high complete remission rate »

Servier, Pfizer (PFE) and…

PFE

Pfizer

$36.58

0.37 (1.02%)

CLLS

Cellectis

$24.02

-1.11 (-4.42%)

03/08/13
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  • 04

    Jan

O

Realty Income

$55.74

0.32 (0.58%)

18:43
12/12/17
12/12
18:43
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18:43
Hot Stocks
Realty Income raises monthly dividend to 21.25c per share from 21.2c »

Realty Income Corporation…

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WDC

Western Digital

$81.77

0.57 (0.70%)

18:16
12/12/17
12/12
18:16
12/12/17
18:16
Earnings
Western Digital ups Q2 revenue view to $5.3B from $5.2B-$5.3B, consensus $5.2B »

Sees Q2 gross margin…

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HTLF

Heartland Financial

$50.75

0.6 (1.20%)

18:03
12/12/17
12/12
18:03
12/12/17
18:03
Hot Stocks
Heartland Financial to acquire FBLB in roughly $185.6M deal »

Heartland Financial USA…

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SMBK

SmartFinancial

$21.82

0.03 (0.14%)

18:03
12/12/17
12/12
18:03
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18:03
Hot Stocks
SmartFinancial and Tennessee Bancshares announce merger agreement »

SmartFinancial, parent…

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WBT

Welbilt

18:00
12/12/17
12/12
18:00
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18:00
Initiation
Welbilt initiated at Barclays »

Welbilt initiated with an…

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VMC

Vulcan Materials

$121.51

-1.41 (-1.15%)

18:00
12/12/17
12/12
18:00
12/12/17
18:00
Initiation
Vulcan Materials initiated at Barclays »

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  • 12

    Dec

URI

United Rentals

$163.65

-0.17 (-0.10%)

17:59
12/12/17
12/12
17:59
12/12/17
17:59
Initiation
United Rentals initiated at Barclays »

United Rentals initiated…

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TEX

Terex

$46.53

-0.32 (-0.68%)

17:59
12/12/17
12/12
17:59
12/12/17
17:59
Initiation
Terex initiated at Barclays »

Terex initiated with an…

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SUM

Summit Materials

$31.19

-0.32 (-1.02%)

17:59
12/12/17
12/12
17:59
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17:59
Initiation
Summit Materials initiated at Barclays »

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  • 15

    Dec

MTZ

MasTec

$46.60

-0.25 (-0.53%)

17:58
12/12/17
12/12
17:58
12/12/17
17:58
Initiation
MasTec initiated at Barclays »

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  • 18

    Dec

MLM

Martin Marietta

$207.25

-1.43 (-0.69%)

17:58
12/12/17
12/12
17:58
12/12/17
17:58
Initiation
Martin Marietta initiated at Barclays »

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MTW

Manitowoc

$39.30

-0.4 (-1.01%)

17:57
12/12/17
12/12
17:57
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17:57
Initiation
Manitowoc initiated at Barclays »

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LECO

Lincoln Electric

$90.89

-1.4 (-1.52%)

17:56
12/12/17
12/12
17:56
12/12/17
17:56
Initiation
Lincoln Electric initiated at Barclays »

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JEC

Jacobs Engineering

$68.39

0.01 (0.01%)

17:55
12/12/17
12/12
17:55
12/12/17
17:55
Initiation
Jacobs Engineering initiated at Barclays »

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HRI

Herc Holdings

$60.94

-0.46 (-0.75%)

17:55
12/12/17
12/12
17:55
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17:55
Initiation
Herc Holdings initiated at Barclays »

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FLR

Fluor

$50.43

0.3 (0.60%)

17:54
12/12/17
12/12
17:54
12/12/17
17:54
Initiation
Fluor initiated at Barclays »

Fluor initiated with an…

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DE

Deere

$151.07

-0.26 (-0.17%)

17:54
12/12/17
12/12
17:54
12/12/17
17:54
Initiation
Deere initiated at Barclays »

Deere initiated with an…

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