Breaking News Instant updates and real-time market news.

CAT

Caterpillar

$169.20

3.33 (2.01%)

07:49
01/12/18
01/12
07:49
01/12/18
07:49

Caterpillar price target raised to $189 from $158 at BofA/Merrill

BofA/Merrill analyst Ross Gilardi reiterated his Buy rating on Caterpillar, increased estimates, and raised his price target on shares to $189 from $158 to reflect a favorable global construction dealer survey, robust industrial demand, and rising commodity prices. The analyst expects a new CFO to be announced in the coming months, which should direct investor attention towards Caterpillar's $10B in cash. Gilardi is forecasting 10-12% dividend growth from 2018-2020 and a modest $2B in buybacks.

  • 25

    Jan

CAT Caterpillar
$169.20

3.33 (2.01%)

01/04/18
BMOC
01/04/18
NO CHANGE
Target $195
BMOC
Outperform
Caterpillar price target raised to $195 from $165 at BMO Capital
BMO Capital analyst Joel Tiss raised the price target on Caterpillar to $195 from $165, saying the company is his "best large-cap idea" in the space. Tiss says the company has lowered costs by reducing its global workforce 25% and closing/restructuring over 30 factories, forecasting margin improvement and operating efficiencies. The analyst also notes that Caterpillar will benefit from a cyclical recovery in "many depressed end markets", such as mining, energy and oil/gas. Tiss keeps his Outperform rating, adding that the new CEO Jim Umpleby and his management team can find more balance between creating shareholder value and selling reliable and productive equipment.
01/05/18
UBSW
01/05/18
NO CHANGE
Target $180
UBSW
Buy
Caterpillar price target raised to $180 from $155 at UBS
UBS analyst Steven Fisher raised his price target to $180 from $155 to reflect potential tax benefits, expected buybacks, and a rollout to a 2019 valuation. Fisher reiterated his Buy rating on Caterpillar shares.
01/08/18
JPMS
01/08/18
UPGRADE
Target $200
JPMS
Overweight
Caterpillar upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Ann Duignan upgraded Caterpillar to Overweight and raised her price target for the shares to $200 from $144. The analyst believes the stock still has "significant upside" despite the outperformance in 2017. The recent Tax Cuts and Jobs Act is likely to extend the cycle for Caterpillar's North American Construction business, Duignan tells investors in a research note. The analyst believes the stock remains undervalued.
01/08/18
01/08/18
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. United Technologies (UTX) upgraded to Buy from Neutral at Goldman Sachs with analyst Noah Poponak saying he believes United Technologies is within the year of maximum new engine loss on Geared Turbofan engines, or GTFs, and thinks the market will begin to look beyond that peak loss and give increased consideration to substantial longer-term cash flows. 2. Caterpillar (CAT) upgraded to Overweight from Neutral at JPMorgan with analyst Ann Duignan saying she believes the stock still has "significant upside" despite the outperformance in 2017. 3. Flir Systems (FLIR) upgraded to Buy from Hold at SunTrust with analyst Michael Ciarmoli citing the company's realigned segment structure under the new management team with a sharper focus on the larger government and industrial end-markets, forecasting outperformance driven by RAID order flow and new Department of Defense procurement initiatives. 4. Applied Materials (AMAT) upgraded to Strong Buy from Buy at Needham with analyst Y. Edwin Mok saying he is positive on the company's "balanced WFE exposure across segments" amid the likelihood of moderating NAND growth. 5. Western Union (WU) upgraded to Neutral from Negative at Susquehanna with analyst James Friedman saying he believes the company may be working with Ripple Labs to potentially implement blockchain applications in remittance and sees that as a possible accelerator with business-to-business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

SNPS

Synopsys

$90.29

1.05 (1.18%)

21:14
05/23/18
05/23
21:14
05/23/18
21:14
Recommendations
Synopsys analyst commentary  »

Synopsys benefited from…

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

  • 23

    May

AMZN

Amazon.com

$1,601.77

19.67 (1.24%)

21:04
05/23/18
05/23
21:04
05/23/18
21:04
Periodicals
Amazon Web Services to invest in Chile as part of LatAm expansion, Reuters says »

Amazon Web Services is…

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

  • 04

    Jun

SRRK

Scholar Rock

$0.00

(0.00%)

21:01
05/23/18
05/23
21:01
05/23/18
21:01
Syndicate
Scholar Rock 5.36M share IPO priced at $14.00 »

The deal priced in 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

  • 24

    May

KNSA

Kiniksa

$0.00

(0.00%)

21:00
05/23/18
05/23
21:00
05/23/18
21:00
Syndicate
Kiniksa 8.5M share IPO priced at $18.00 »

The deal size was…

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

  • 24

    May

GSKY

GreenSky

$0.00

(0.00%)

20:58
05/23/18
05/23
20:58
05/23/18
20:58
Syndicate
GreenSky 38M share IPO priced at $23.00 »

The deal size was…

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

  • 24

    May

SAIL

SailPoint

$23.30

1.29 (5.86%)

20:56
05/23/18
05/23
20:56
05/23/18
20:56
Syndicate
SailPoint 17.808M share Secondary priced at $22.50 »

The deal size was…

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

  • 24

    May

  • 24

    May

CLPS

CLPS

$0.00

(0.00%)

20:55
05/23/18
05/23
20:55
05/23/18
20:55
Syndicate
CLPS 2M share IPO priced at $5.25 »

The deal priced between…

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

  • 24

    May

MDT

Medtronic

$85.29

0.305 (0.36%)

, MCK

McKesson

$146.84

0.39 (0.27%)

20:25
05/23/18
05/23
20:25
05/23/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

MDT

Medtronic

$85.29

0.305 (0.36%)

MCK

McKesson

$146.84

0.39 (0.27%)

BBY

Best Buy

$75.73

0.255 (0.34%)

HRL

Hormel Foods

$35.82

-0.01 (-0.03%)

TTC

Toro Company

$60.32

-0.08 (-0.13%)

SAFM

Sanderson Farms

$107.13

1.19 (1.12%)

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

  • 24

    May

  • 24

    May

  • 24

    May

  • 24

    May

  • 24

    May

  • 29

    May

  • 30

    May

  • 02

    Jun

  • 05

    Jun

  • 12

    Jun

  • 19

    Jun

  • 20

    Jun

  • 25

    Jun

  • 26

    Jun

BPOP

Popular

$46.94

-0.31 (-0.66%)

20:07
05/23/18
05/23
20:07
05/23/18
20:07
Hot Stocks
Popular announces early termination of FDIC shared-loss agreements »

Popular, Inc 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

WSM

Williams-Sonoma

$49.21

1.91 (4.04%)

20:04
05/23/18
05/23
20:04
05/23/18
20:04
Recommendations
Williams-Sonoma analyst commentary  »

Williams-Sonoma earnings…

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

  • 23

    May

EWY

iShares MSCI South Korea Index Fund

$74.45

0.73 (0.99%)

, SPY

SPDR S&P 500 ETF Trust

$273.37

0.8 (0.29%)

19:59
05/23/18
05/23
19:59
05/23/18
19:59
Periodicals
Breaking Periodicals news story on iShares MSCI South Korea Index Fund, SPDR S&P 500 ETF Trust, S&P 500 »

N Korea foreign ministry…

EWY

iShares MSCI South Korea Index Fund

$74.45

0.73 (0.99%)

SPY

SPDR S&P 500 ETF Trust

$273.37

0.8 (0.29%)

SPX

S&P 500

$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

CVX

Chevron

$128.70

0.465 (0.36%)

19:39
05/23/18
05/23
19:39
05/23/18
19:39
Hot Stocks
Canadian court affirms dismissal of suit against Chevron subsidiary »

The Ontario Court of…

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

EA

Electronic Arts

$133.49

1.31 (0.99%)

19:19
05/23/18
05/23
19:19
05/23/18
19:19
Hot Stocks
Electronic Arts CTO sells 10,000 common shares »

In a regulatory filing,…

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

CCL

Carnival

$64.67

-0.39 (-0.60%)

19:14
05/23/18
05/23
19:14
05/23/18
19:14
Periodicals
Carnival CEO expects China to become the largest cruise market, CNBC says »

In an interview with CNBC…

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

  • 30

    May

PBR

Petrobras

$15.10

-0.6 (-3.82%)

19:11
05/23/18
05/23
19:11
05/23/18
19:11
Periodicals
Petrobras slashes diesel price 10% to resolve trucker protest, Reuters says »

Petrobras has opted 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

SRPT

Sarepta

$88.94

-0.24 (-0.27%)

19:05
05/23/18
05/23
19:05
05/23/18
19:05
Hot Stocks
Sarepta granted orphan status for DMD treatment golodirsen »

The FDA granted Sarepta…

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

  • 20

    Jun

BZLFF

Bunzl

$0.00

(0.00%)

19:03
05/23/18
05/23
19:03
05/23/18
19:03
Downgrade
Bunzl rating change at Goldman Sachs »

Bunzl downgraded 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

WUBA

58.com

$84.56

1.39 (1.67%)

19:02
05/23/18
05/23
19:02
05/23/18
19:02
Earnings
Breaking Earnings news story on 58.com »

58.com sees Q2 revenue…

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

  • 24

    May

  • 10

    Sep

WUBA

58.com

$84.56

1.39 (1.67%)

19:01
05/23/18
05/23
19:01
05/23/18
19:01
Earnings
58.com reports Q1 adjusted earnings per ADS 33c, consensus 21c »

Reports Q1 revenue $393M,…

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

  • 24

    May

  • 10

    Sep

WSM

Williams-Sonoma

$49.21

1.91 (4.04%)

, LASR

nLight

$30.00

-1.79 (-5.63%)

18:58
05/23/18
05/23
18:58
05/23/18
18:58
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

WSM

Williams-Sonoma

$49.21

1.91 (4.04%)

LASR

nLight

$30.00

-1.79 (-5.63%)

SNPS

Synopsys

$90.29

1.05 (1.18%)

LB

L Brands

$34.05

0.06 (0.18%)

NTAP

NetApp

$66.61

-0.41 (-0.61%)

DGLY

Digital Ally

$2.55

-0.075 (-2.86%)

FCAU

Fiat Chrysler

$22.47

-0.155 (-0.69%)

TM

Toyota

$134.85

-0.89 (-0.66%)

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

  • 23

    May

  • 23

    May

  • 23

    May

  • 23

    May

  • 24

    May

  • 11

    Jun

  • 12

    Jun

  • 10

    Jul

CPRT

Copart

$52.93

-0.06 (-0.11%)

18:54
05/23/18
05/23
18:54
05/23/18
18:54
Earnings
Copart reports Q3 adjusted EPS 52c, consensus 50c »

Reports Q3 revenue…

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

  • 24

    May

AAPL

Apple

$188.36

1.08 (0.58%)

, VLKAY

Volkswagen

$0.00

(0.00%)

18:45
05/23/18
05/23
18:45
05/23/18
18:45
Periodicals
Apple signs pact with VW over self-driving cars, NY Times says »

Apple (AAPL) has signed…

AAPL

Apple

$188.36

1.08 (0.58%)

VLKAY

Volkswagen

$0.00

(0.00%)

BMWYY

BMW

$0.00

(0.00%)

DDAIF

Daimler AG

$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

PBR

Petrobras

$15.10

-0.6 (-3.82%)

18:24
05/23/18
05/23
18:24
05/23/18
18:24
Periodicals
Breaking Periodicals news story on Petrobras »

Petrobras under scrutiny…

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

NFLX

Netflix

$344.70

13.08 (3.94%)

, CMCSA

Comcast

$31.87

-0.64 (-1.97%)

18:03
05/23/18
05/23
18:03
05/23/18
18:03
Periodicals
Netflix market value now higher than Comcast, Recode says »

Netflix's (NFLX)…

NFLX

Netflix

$344.70

13.08 (3.94%)

CMCSA

Comcast

$31.87

-0.64 (-1.97%)

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

CE

Celanese

$113.87

-0.05 (-0.04%)

18:01
05/23/18
05/23
18:01
05/23/18
18:01
Hot Stocks
Celanese to increase selling prices on acetyl intermediate products »

To raise prices on Vinyl…

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

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.