Breaking News Instant updates and real-time market news.

BX

Blackstone

$34.53

0.35 (1.02%)

05:28
01/12/18
01/12
05:28
01/12/18
05:28

Blackstone upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Kenneth Worthington upgraded Blackstone to Overweight and raised his price target for the shares to $46 from $35. The analyst sees Blackstone entering its next fundraising cycle later this year and expects it to raise nearly $200B over the next two years. This should higher earnings and a higher stock price, Worthington tells investors in a research note. The analyst notes that shares have been the worst performing of the major alternative asset managers over the last two years.

  • 01

    Feb

BX Blackstone
$34.53

0.35 (1.02%)

05/22/17
05/22/17
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. Qualcomm (QCOM) upgraded to Overweight from Neutral at JPMorgan with analyst Rod Hall saying while more negative news from the Apple (AAPL) royalty suit is likely, "material fundamental upside" exists from the closure of the NXP Semiconductors (NXPI) by the end of this year. The analyst views the deal as highly accretive. Hall also believes Apple ultimately will want to preserve its commercial relationship with Qualcomm. 2. Motorola Solutions (MSI) upgraded to Outperform from Market Perform at Raymond James with analyst Tavis McCourt saying shares look increasingly attractive based on improved demand visibility that is less economically sensitive than many of its peers, and demand catalysts from FirstNet buildouts that are expected to start in 2018. 3. Entegris (ENTG) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Toshiya Hari citing the recent pullback in shares and maintained a $29 price target. 4. Blackstone (BX) upgraded to Buy from Neutral at Citi with analyst William Katz saying the company's intentions to raise a $40B infrastructure fund should be a "valuation catalyst." 5. Cree (CREE) upgraded to Outperform from Market Perform at JMP Securities with analyst Joseph Osha saying he thinks that the company's new CEO could make positive changes at 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.
09/18/17
FBCO
09/18/17
NO CHANGE
FBCO
Blackstone Vivint IPO/sale potential positive for Alarm.com, says Credit Suisse
Credit Suisse analyst Michael Nemeroff notes that several news outlets disclosed that Blackstone (BX) is running a process that could lead to an IPO or sale of Vivint, a smart-home technology company. The analyst believes that the IPO or sale of Vivint could have positive implications for Alarm.com (ALRM). An IPO could validate the market for connected home security products and promote awareness in a market where Alarm.com holds the dominant leadership position, while a sale could result in business disruptions at Vivint, which could allow Alarm.com to further extend its lead in the market, Nemeroff contends.
11/09/17
MSCO
11/09/17
NO CHANGE
MSCO
Morgan Stanley says GOP proposals would only have 'modest impact' on PE markets
Morgan Stanley analyst Michael Cyprys noted that the House GOP tax proposal would limit interest deductibility, which has led to concerns over the future of private equity use of leverage and the potential for reduced supply in the high yield bond market. However, he thinks incrementally higher LBO funding costs and interest deductibility limitations should not be a major headwind for supply. Regardless of the final shape of a tax bill, change could create market dislocations and "there will be winners and losers," Cyprys tells investors. He views Oaktree Capital (OAK) as best positioned for dislocation given its dry powder and skew toward distressed investing, but also sees Blackstone (BX) and Apollo Global (APO) as well positioned.
11/14/17
OPCO
11/14/17
NO CHANGE
Target $40
OPCO
Outperform
Envision buyout price could approach $50 per share, says Oppenheimer
After Bloomberg reported that private equity firms Carlyle Group (CG) and Onex have shown interest, Oppenheimer analyst Michael Wiederhorn says he believes a buyout offer for Envision Healthcare could approach $50 per share. The stock in afternoon trading is up 8% to $27.96. Such an offer is based on an 11 times 2018 EBITDA estimate, which is multiple similar to the one paid by Blackstone (BX) for Team Health in late 2016, Wiederhorn tells investors in a research note. The analyst believes Envision has a "strong growth business" and he recommends continuing to buy the shares at current levels. Wiederhorn has an Outperform rating on Envision with a $40 price target.

TODAY'S FREE FLY STORIES

VERI

Veritone

$5.62

-0.09 (-1.58%)

08:03
12/10/18
12/10
08:03
12/10/18
08:03
Hot Stocks
Apis Capital proposes to acquire Veritone for $10.26 per share in cash »

Apis Capital 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

INAP

Internap

$5.29

-0.17 (-3.11%)

08:03
12/10/18
12/10
08:03
12/10/18
08:03
Initiation
Internap initiated  »

Jefferies says Internap…

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

PKI

PerkinElmer

$83.84

-2.18 (-2.53%)

08:03
12/10/18
12/10
08:03
12/10/18
08:03
Hot Stocks
PerkinElmer appoints Prahlad Singh as president, COO »

PerkinElmer 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

MSFT

Microsoft

$104.90

-4.27 (-3.91%)

08:02
12/10/18
12/10
08:02
12/10/18
08:02
Options
Microsoft put buyer realizes 153% same-day gains »

Notable profits for the…

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

  • 03

    Mar

VERI

Veritone

$5.62

-0.09 (-1.58%)

08:01
12/10/18
12/10
08:01
12/10/18
08:01
Hot Stocks
Breaking Hot Stocks news story on Veritone »

Apis Capital proposes 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

INOV

Inovalon

$13.06

0.41 (3.24%)

, MOH

Molina Healthcare

$132.94

-3.43 (-2.52%)

08:00
12/10/18
12/10
08:00
12/10/18
08:00
Hot Stocks
Inovalon to support Molina Healthcare to improve Medicaid, Medicare »

Inovalon (INOV) and…

INOV

Inovalon

$13.06

0.41 (3.24%)

MOH

Molina Healthcare

$132.94

-3.43 (-2.52%)

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

  • 12

    Dec

ATEN

A10 Networks

$6.06

-0.08 (-1.30%)

08:00
12/10/18
12/10
08:00
12/10/18
08:00
Upgrade
A10 Networks rating change  »

A10 Networks upgraded 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

BIG

Big Lots

$30.99

-9.3 (-23.08%)

07:59
12/10/18
12/10
07:59
12/10/18
07:59
Recommendations
Big Lots analyst commentary  »

Big Lots 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

WAGE

WageWorks

$29.48

-0.52 (-1.73%)

07:58
12/10/18
12/10
07:58
12/10/18
07:58
Upgrade
WageWorks rating change  »

WageWorks upgraded 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

  • 11

    Dec

  • 12

    Dec

UAA

Under Armour

$23.45

-0.62 (-2.58%)

, UA

Under Armour

$22.07

-0.51 (-2.26%)

07:58
12/10/18
12/10
07:58
12/10/18
07:58
Recommendations
Under Armour, Under Armour analyst commentary  »

Jefferies believes Under…

UAA

Under Armour

$23.45

-0.62 (-2.58%)

UA

Under Armour

$22.07

-0.51 (-2.26%)

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

  • 12

    Dec

  • 12

    Dec

  • 14

    Dec

  • 03

    Mar

XPER

Xperi

$12.80

-0.53 (-3.98%)

07:58
12/10/18
12/10
07:58
12/10/18
07:58
Hot Stocks
Breaking Hot Stocks news story on Xperi »

Xperi Corp trading…

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

  • 12

    Dec

  • 06

    Jan

GILT

Gilat Satellite

$9.17

-0.01 (-0.11%)

07:56
12/10/18
12/10
07:56
12/10/18
07:56
Hot Stocks
Gilat Satellite awarded multi-million dollar project from LASCOM »

Gilat Satellite 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

CYTK

Cytokinetics

$7.39

-0.165 (-2.18%)

07:56
12/10/18
12/10
07:56
12/10/18
07:56
Hot Stocks
Cytokinetics presents new data at International Symposium on ALS/MND »

Cytokinetics 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

AAPL

Apple

$168.37

-6.37 (-3.65%)

07:56
12/10/18
12/10
07:56
12/10/18
07:56
Recommendations
Apple analyst commentary  »

Apple XR softness…

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

GERN

Geron

$1.49

-0.07 (-4.49%)

07:55
12/10/18
12/10
07:55
12/10/18
07:55
Conference/Events
Geron to hold an analyst and investor event »

Management, along with…

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

  • 10

    Dec

  • 10

    Dec

  • 11

    Dec

PRMW

Primo Water

$13.57

-0.4 (-2.86%)

07:54
12/10/18
12/10
07:54
12/10/18
07:54
Recommendations
Primo Water analyst commentary  »

Primo Water weakness an…

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

  • 12

    Dec

DXPE

DXP Enterprises

$35.13

-0.42 (-1.18%)

07:54
12/10/18
12/10
07:54
12/10/18
07:54
Conference/Events
DXP Enterprises management to meet with Sidoti »

Meeting to be held in…

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

  • 11

    Dec

MU

Micron

$35.31

-2.38 (-6.31%)

07:53
12/10/18
12/10
07:53
12/10/18
07:53
Recommendations
Micron analyst commentary  »

Micron 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

  • 18

    Dec

MRNS

Marinus Pharmaceuticals

$5.18

-0.12 (-2.26%)

07:52
12/10/18
12/10
07:52
12/10/18
07:52
Hot Stocks
Marinus Pharmaceuticals announces results from two ganaxolone studies »

Marinus Pharmaceuticals…

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

DG

Dollar General

$102.71

-3.97 (-3.72%)

07:52
12/10/18
12/10
07:52
12/10/18
07:52
Conference/Events
Dollar General management to meet with Morgan Stanley »

Meetings to be held in…

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

  • 11

    Dec

  • 12

    Dec

TVTY

Tivity Health

$40.60

-0.27 (-0.66%)

, NTRI

Nutrisystem

$34.19

-1.07 (-3.03%)

07:50
12/10/18
12/10
07:50
12/10/18
07:50
Hot Stocks
Tivity Health sees double digit accretion from Nutrisystem deal in 2020, beyond »

In slides being presented…

TVTY

Tivity Health

$40.60

-0.27 (-0.66%)

NTRI

Nutrisystem

$34.19

-1.07 (-3.03%)

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

  • 10

    Dec

SWKS

Skyworks

$67.56

-3.04 (-4.31%)

, AAPL

Apple

$168.37

-6.37 (-3.65%)

07:50
12/10/18
12/10
07:50
12/10/18
07:50
Downgrade
Skyworks, Apple, Qualcomm, Qorvo rating change  »

Skyworks downgraded to…

SWKS

Skyworks

$67.56

-3.04 (-4.31%)

AAPL

Apple

$168.37

-6.37 (-3.65%)

QCOM

Qualcomm

$56.00

-1.1 (-1.93%)

QRVO

Qorvo

$61.16

-1.58 (-2.52%)

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

  • 11

    Dec

SIG

Signet Jewelers

$38.55

-2.515 (-6.13%)

07:48
12/10/18
12/10
07:48
12/10/18
07:48
Recommendations
Signet Jewelers analyst commentary  »

Signet Jewelers 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

LULU

Lululemon

$113.83

-17.785 (-13.51%)

07:46
12/10/18
12/10
07:46
12/10/18
07:46
Recommendations
Lululemon analyst commentary  »

Lululemon pullback offer…

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

  • 14

    Dec

07:46
12/10/18
12/10
07:46
12/10/18
07:46
General news
Stocks point to lower open as Huawei arrest tensions continue »

Stocks are pointing…

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.