Breaking News Instant updates and real-time market news.

BBT

BB&T

$51.23

0.16 (0.31%)

07:52
01/08/18
01/08
07:52
01/08/18
07:52

BB&T upgraded to Equal Weight on branch rationalization at Morgan Stanley

As previously reported, Morgan Stanley analyst Betsy Graseck upgraded BB&T to Equal Weight from Underweight, noting the bank closed 7% of branches in 2017 and predicting it could reduce branch count by another 16% by 2022. Graseck, who raised her 2019 EPS estimates by a median 2% across the big banks to account for net expense reduction opportunities over the next five years from mobile banking adoption, increased her price target on BB&T shares to $52 from $51.

BBT BB&T
$51.23

0.16 (0.31%)

10/05/17
10/05/17
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. Microsoft (MSFT) upgraded to Buy from Hold at Canaccord with analyst Richard Davis saying investors are underestimating the "virtuous cycles" of Microsoft's four "compelling" growth drivers, namely Office Productivity, Gaming, Marketing, and Azure's Platform as a Service. 2. Biogen (BIIB) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Matthew Harrison saying the base business is underappreciated and Ocrevus share loss is slower than expected. 3. Sherwin-Williams (SHW) upgraded to Buy from Underperform at BofA/Merrill with analyst Steve Byrne saying the company announced a 3%-5% price increase on Tuesday and detailed plans to expand PF EBITDA margin to 19%-21% in 2020 from 17% in 2016. 4. BB&T (BBT) upgraded to Overweight from Equal Weight at Stephens with analyst Terry McEvoy noting that it has been the worst performing Super Regional bank in 2017 and he recommends taking advantage of that underperformance as he expects it to produce among the highest returns in the group going forward. 5. Celsion (CLSN) upgraded on improved financial outlook at Maxim with analyst Jason McCarthy saying the changes to the company's agreement with warrant holders, enabling the warrants to be exercised immediately following a rally in the stock, have removed the financial overhang on 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.
11/15/17
MSCO
11/15/17
NO CHANGE
MSCO
Morgan Stanley says higher SIFI threshold could benefit Comerica, CIT, Zions
After Senate Banking Committee Chairman Mike Crapo proposed a bill in the Senate that would effectively remove the SIFI threshold for banks under $250B, Morgan Stanley analyst Ken Zerbe estimated that banks with $50B-$100B in assets could see a 12% increase in 2020 EPS and a 15% bump in 2021. He sees the largest potential increase at Comerica (CMA), followed by CIT Group (CIT) and Zions Bancorp (ZION). Zerbe projects the least EPS benefit for SunTrust (STI), Regions Financial (RF), Ally Financial (ALLY) and Discover (DFS), he tells investors. Other banks he lists in his note as potentially impacted by SIFI and CCAR changes include Synchrony (SYF), M&T Bank (MTB), KeyCorp (KEY), Fifth Third (FITB), BB&T (BBT), Citizens Financial (CFG) and Huntington Bancshares (HBAN).
12/20/17
WELS
12/20/17
NO CHANGE
Target $51
WELS
Market Perform
BB&T price target raised to $51 from $44 at Wells Fargo
Wells Fargo analyst Mike Mayo raised his price target for BB&T to $51 from $44 to reflect more potential upside from a portion of higher interest rates, lower taxes, and lower cost of capital due to greater resiliency. The analyst reiterates a Market Perform rating on the shares.
01/08/18
MSCO
01/08/18
UPGRADE
MSCO
Equal Weight
BB&T upgraded to Equal Weight from Underweight at Morgan Stanley

TODAY'S FREE FLY STORIES

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$274.00

0.74 (0.27%)

09:46
05/22/18
05/22
09:46
05/22/18
09:46
Technical Analysis
Technical Take: SPDR S&P 500 ETF edges higher after first 15 minutes »

At time of writing the…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$274.00

0.74 (0.27%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BMRN

BioMarin

$84.77

-4.58 (-5.13%)

09:45
05/22/18
05/22
09:45
05/22/18
09:45
Recommendations
BioMarin analyst commentary  »

BioMarin shares defended…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 25

    May

  • 12

    Sep

09:45
05/22/18
05/22
09:45
05/22/18
09:45
Hot Stocks
Breaking Hot Stocks news story  »

Rosehill Resources Inc…

KSS

Kohl's

$64.91

-0.56 (-0.86%)

09:45
05/22/18
05/22
09:45
05/22/18
09:45
Hot Stocks
Breaking Hot Stocks news story on Kohl's »

Kohl's 'feels…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

09:45
05/22/18
05/22
09:45
05/22/18
09:45
General news
Richmond Fed Manufacturing Index Level to be reported at 10:00 »

May Richmond Fed…

PSTG

Pure Storage

$23.60

(0.00%)

09:44
05/22/18
05/22
09:44
05/22/18
09:44
Recommendations
Pure Storage analyst commentary  »

Pure Storage price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 07

    Jun

  • 12

    Jun

  • 10

    Jul

DF

Dean Foods

$9.79

(0.00%)

09:40
05/22/18
05/22
09:40
05/22/18
09:40
Periodicals
Dean Foods seen as target, but may struggle to find buyer, Dealreporter says »

Dean Foods is viewed as a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FOX

21st Century Fox

$37.45

(0.00%)

, FOXA

21st Century Fox

$37.92

(0.00%)

09:38
05/22/18
05/22
09:38
05/22/18
09:38
Periodicals
Fox shareholder vote date should be announced in 'week or two,' CNBC reports »

21st Century Fox (FOXA)…

FOX

21st Century Fox

$37.45

(0.00%)

FOXA

21st Century Fox

$37.92

(0.00%)

DIS

Disney

$104.05

(0.00%)

CMCSA

Comcast

$32.34

(0.00%)

CMCSK

Comcast

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

09:36
05/22/18
05/22
09:36
05/22/18
09:36
Hot Stocks
Breaking Hot Stocks news story  »

Liberty TripAdvisor…

09:32
05/22/18
05/22
09:32
05/22/18
09:32
Conference/Events
House Committee on Foreign Affairs to hold a hearing »

The Terrorism,…

RLH

Red Lion Hotels

$10.45

(0.00%)

09:32
05/22/18
05/22
09:32
05/22/18
09:32
Hot Stocks
Red Lion Hotels announces long-term consulting agreement with key executives »

RLH announced it has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 29

    May

BOSC

B.O.S. Better Online

$2.26

(0.00%)

09:31
05/22/18
05/22
09:31
05/22/18
09:31
Hot Stocks
B.O.S. Better Online supply chain division receives $150,000 order »

B.O.S. Better Online…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    May

09:31
05/22/18
05/22
09:31
05/22/18
09:31
Hot Stocks
Breaking Hot Stocks news story  »

Liberty TripAdvisor…

EXR

Extra Space Storage

$92.96

(0.00%)

09:30
05/22/18
05/22
09:30
05/22/18
09:30
Recommendations
Extra Space Storage analyst commentary  »

Extra Space Storage price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KSS

Kohl's

$65.47

(0.00%)

09:29
05/22/18
05/22
09:29
05/22/18
09:29
Hot Stocks
Kohl's: Northeast, mid-Atlantic has been hit by weather »

Says Southeast region has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

DSX

Diana Shipping

$4.27

(0.00%)

09:29
05/22/18
05/22
09:29
05/22/18
09:29
Hot Stocks
Diana Shipping announces time charter contract for m/v P. S. Palios with Koch »

Diana Shipping announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PGR

Progressive

$61.65

(0.00%)

09:26
05/22/18
05/22
09:26
05/22/18
09:26
Recommendations
Progressive analyst commentary  »

Progressive price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KSS

Kohl's

$65.47

(0.00%)

, AMZN

Amazon.com

$1,585.55

(0.00%)

09:25
05/22/18
05/22
09:25
05/22/18
09:25
Hot Stocks
Breaking Hot Stocks news story on Kohl's, Amazon.com »

Kohl's: Amazon pilot…

KSS

Kohl's

$65.47

(0.00%)

AMZN

Amazon.com

$1,585.55

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 04

    Jun

NEM

Newmont Mining

$39.38

(0.00%)

09:25
05/22/18
05/22
09:25
05/22/18
09:25
Conference/Events
Newmont Mining to hold a briefing »

Management holds an ESG…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

CBB

Cincinnati Bell

$17.00

(0.00%)

, NAVI

Navient

$14.27

(0.00%)

09:25
05/22/18
05/22
09:25
05/22/18
09:25
Conference/Events
Barclays to hold a conference »

High Yield Bond &…

CBB

Cincinnati Bell

$17.00

(0.00%)

NAVI

Navient

$14.27

(0.00%)

GTN

Gray Television

$11.70

(0.00%)

MRC

MRC Global

$21.26

(0.00%)

AVYA

Avaya

$22.03

(0.00%)

NXST

Nexstar

$69.70

(0.00%)

CNC

Centene

$116.05

(0.00%)

AXL

American Axle

$16.28

(0.00%)

ECR

Eclipse Resources

$1.67

(0.00%)

WAIR

Wesco Aircraft

$11.05

(0.00%)

THC

Tenet

$33.80

(0.00%)

GLT

Glatfelter

$17.51

(0.00%)

VRX

Valeant

$22.07

(0.00%)

ZAYO

Zayo Group

$33.99

(0.00%)

MPW

Medical Properties Trust

$13.12

(0.00%)

OMF

OneMain Holdings

$34.15

(0.00%)

JCP

J.C. Penney

$2.51

(0.00%)

TTMI

TTM Technologies

$16.17

(0.00%)

AES

AES Corp.

$12.06

(0.00%)

BX

Blackstone

$31.69

(0.00%)

HPR

HighPoint Resources

$7.42

(0.00%)

SCI

Service Corp.

$37.84

(0.00%)

KAR

KAR Auction

$54.04

(0.00%)

CPE

Callon Petroleum

$13.92

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 22

    May

  • 24

    May

  • 24

    May

  • 11

    Jun

  • 15

    Jun

  • 18

    Jun

  • 20

    Jun

  • 24

    Jul

  • 27

    Aug

  • 23

    Oct

  • 14

    Dec

OSTK

Overstock.com

$37.35

(0.00%)

09:21
05/22/18
05/22
09:21
05/22/18
09:21
Hot Stocks
Overstock.com subsidiary t0.com, BOX Digital launch joint venture token exchange »

t0.com, Inc. and BOX…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KSS

Kohl's

$65.47

(0.00%)

09:20
05/22/18
05/22
09:20
05/22/18
09:20
Hot Stocks
Kohl's: Friends & Family shift to positively impact Q2 comps »

Says shift to be a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

KSS

Kohl's

$65.47

(0.00%)

, NKE

Nike

$71.38

(0.00%)

09:19
05/22/18
05/22
09:19
05/22/18
09:19
Hot Stocks
Kohls says had 320bp benefit to comps from friends & family shift »

Kohl's (KSS) says…

KSS

Kohl's

$65.47

(0.00%)

NKE

Nike

$71.38

(0.00%)

UA

Under Armour

$17.97

(0.00%)

UAA

Under Armour

$20.10

(0.00%)

ADDYY

Adidas

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 26

    Jun

MU

Micron

$55.48

(0.00%)

09:19
05/22/18
05/22
09:19
05/22/18
09:19
Recommendations
Micron analyst commentary  »

Micron target raised to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 30

    May

NDSN

Nordson

$139.50

(0.00%)

09:18
05/22/18
05/22
09:18
05/22/18
09:18
Recommendations
Nordson analyst commentary  »

Nordson Q2 margins were…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    May

  • 06

    Jun

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.