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FMS

Fresenius Medical

$52.64

(0.00%)

09:40
01/04/18
01/04
09:40
01/04/18
09:40

Fresenius Medical upgraded to Neutral from Sell at UBS

FMS Fresenius Medical
$52.64

(0.00%)

04/10/17
RBCM
04/10/17
NO CHANGE
RBCM
Akorn stock already reflects full take-out value, says RBC Capital
RBC Capital analyst Randall Stanicky says that the take-out valuation of drug companies have recently dropped to the historical level of 12 times EBITDA, while Akorn's take-out valuation may be "modestly lower" given the "depressed valuation" of the "generic sector." Consequently, after Bloomberg reported that Fresenius is in talks to acquire Akorn, and Akorn's stock jumped, Stanicky believes that the shares, which have reached 13 times EBITDA in pre=market trading, are fully valued. He does not see another "obvious" buyer for Akorn and keeps a Sector Perform rating on the shares.
08/22/17
GABE
08/22/17
NO CHANGE
GABE
Akorn deal still likely to close, says Gabelli
Gabelli says that Akorn's (AKRX) stock fell below $32 last week on worries that Fresenius (FMS) could restructure or break its deal to acquire the company. However, the firm still expects the deal to close, by early next year, as it does not believe that Fresenius' "disappointing" Q2 results or subpoenas related to the pricing of individual drugs would trigger the deal's material adverse event clause. Gabelli keeps a Hold rating on Akorn.
08/22/17
08/22/17
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. Mylan (MYL) downgraded to Hold from Buy at Argus with analyst Jasper Hellweg citing the cut in 2017 guidance. He said Mylan may also have difficulty improving operations in the near-term due to unfavorable EpiPen regulatory developments, pricing pressures, and increased competition. 2. Brookfield (BIP) downgraded to Neutral from Outperform at Credit Suisse, with analyst Andrew Kuske saying he is exiting his long "tactical trade" given recent outperformance. 3. Global Medical REIT (GMRE) downgraded to Neutral from Buy at DA Davidson with analyst Barry Oxford saying that the stock "could be range bound for a period of time" following the departures of the REIT's CEO and CFO and due to "potential concerns regarding the dividend and acquisitions." 4. NxStage Medical (NXTM) downgraded to Market Perform from Outperform at Leerink, as analyst Danielle Antalffy said it is unlikely another bidder will top Fresenius Medical's (FMS) $30 per share offer for the company. 5. Hikma (HKMPY) downgraded to Neutral from Buy at Goldman Sachs, with analyst Yulia Gerasimova citing Roxane integration issues, delayed generic Advair approval, ongoing U.S. generics pricing erosion, and multiple guidance downgrades from the company. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/11/17
MSCO
12/11/17
DOWNGRADE
MSCO
Equal Weight
Fresenius Medical downgraded to Equal Weight from Overweight at Morgan Stanley

TODAY'S FREE FLY STORIES

PEP

PepsiCo

$114.99

0.01 (0.01%)

, SODA

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12.47 (9.60%)

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INFY

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CFBK

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TAHO

Tahoe Resources

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BE

Bloom Energy

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CRK

Comstock Resources

$8.26

-0.46 (-5.28%)

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IBP

Installed Building Products

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-2.55 (-5.17%)

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LCI

Lannett

$5.55

-7.95 (-58.89%)

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CATM

Cardtronics

$37.25

0.08 (0.22%)

12:00
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Options
Second day of call buying in Cardtronics »

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ATV

Acorn International

$22.00

3.14 (16.65%)

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AMRX

Amneal Pharmaceuticals

$23.96

2.43 (11.29%)

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CMCM

Cheetah Mobile

$10.85

1.75 (19.23%)

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  • 20

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PCG

PG&E

$45.05

-0.195 (-0.43%)

, EIX

Edison International

$69.44

-0.42 (-0.60%)

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PCG

PG&E

$45.05

-0.195 (-0.43%)

EIX

Edison International

$69.44

-0.42 (-0.60%)

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IMTE

Integrated Media Technology

$12.20

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MSFT

Microsoft

$106.76

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TSLA

Tesla

$302.49

-2.84 (-0.93%)

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TSLA

Tesla

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PX

Praxair

$157.81

1.86 (1.19%)

, LNEGY

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$0.00

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PX

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$157.81

1.86 (1.19%)

LNEGY

Linde

$0.00

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SPY

SPDR S&P 500 ETF Trust

$285.40

0.38 (0.13%)

11:50
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11:50
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Treasury's $96 B 3- and 6-month bill sale was ok »

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XLU

Utilities SPDR

$54.43

-0.07 (-0.13%)

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Options
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IMNP

Immune Pharmaceuticals

$0.00

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  • 22

    Aug

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