Breaking News Instant updates and real-time market news.

CAT

Caterpillar

$170.89

0.48 (0.28%)

07:12
01/23/18
01/23
07:12
01/23/18
07:12

Caterpillar upgraded to Buy from Neutral at Seaport Global

Seaport Global analyst Michael Shlisky upgraded Caterpillar (CAT) to Buy from Neutral with a $195 price target following Q4 dealer checks and discussions with the company and competitors. Shlisky, said dealers expect high-single-digit if not double-digit 2018 revenue growth, and many believe new equipment inventories are still too low. At Seaport's December conference, Caterpillar management noted robust trends at the end of 2017 are likely to last into the first part of 2018 and recent conversations with Deere (DE) regarding that company's Construction & Forestry business revealed that strong growth rates are expected for much of the year, the analyst wrote. Shlisky also believes that trends for Resource Industries are promising, as several key commodity prices have only just begun to see prices attractive enough to bring investment in new machines, Lastly, in Energy & Transportation, an oil price in the $60/bbl range is likely to support demand for CAT's turbine and other ancillary businesses, the analyst contends.

  • 25

    Jan

CAT Caterpillar
$170.89

0.48 (0.28%)

01/18/18
WELS
01/18/18
NO CHANGE
Target $200
WELS
Outperform
Caterpillar price target raised to $200 from $160 at Wells Fargo
Wells Fargo analyst Andy Casey raised his price target for Caterpillar to $200 from $160, citing lower tax rates and non-recurring charges related to the recent U.S. tax reform, and as the believes he transition into 2018 appears to promise more end market improvement that should lead to higher earnings potential. The analyst reiterates an Outperform rating on the shares.
01/18/18
01/18/18
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. Caterpillar (CAT) initiated with a Buy at Berenberg. 2. Rosehill Resources (ROSE) initiated with an Outperform at Northland. 3. Arena Pharmaceuticals (ARNA) initiated with an Outperform at Credit Suisse. 4. Electronic Arts (EA) was initiated with an Outperform at Bernstein, while Activision Blizzard (ATVI) was initiated with a Market Perform. 5. Brookfield Business Partners (BBU) initiated with a Sector Perform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/19/18
FBCO
01/19/18
NO CHANGE
Target $192
FBCO
Outperform
Caterpillar price target raised to $192 after dealer survey at Credit Suisse
After conducting a survey of Caterpillar dealers, Credit Suisse analyst Jamie Cook said U.S. dealers indicated that they ended 2017 with a very strong Q4, demand is very broad-based and positive momentum is expected to continue into 2018. Overseas, European demand is up mid-single digits and China is expected to be up 20-25% in 2018 despite concerns, added Cook. Following the survey, Cook is raising his estimates again for 2018-2020 EPS again and increased his price target on Caterpillar shares to $192 from $155.
01/19/18
CLVD
01/19/18
NO CHANGE
CLVD
Caterpillar survey indicates better than expected Q4 demand, says Cleveland

TODAY'S FREE FLY STORIES

CNC

Centene

$100.26

0.04 (0.04%)

, MOH

Molina Healthcare

$71.86

-0.26 (-0.36%)

06:13
02/21/18
02/21
06:13
02/21/18
06:13
Recommendations
Centene, Molina Healthcare, WellCare analyst commentary  »

Piper sees 'ideal…

CNC

Centene

$100.26

0.04 (0.04%)

MOH

Molina Healthcare

$71.86

-0.26 (-0.36%)

WCG

WellCare

$194.65

1.44 (0.75%)

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

ALSWF

Absolute Software

06:11
02/21/18
02/21
06:11
02/21/18
06:11
Conference/Events
Absolute Software management to meet with Oppenheimer »

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

  • 21

    Feb

ABMD

Abiomed

$270.48

2.74 (1.02%)

06:10
02/21/18
02/21
06:10
02/21/18
06:10
Conference/Events
Abiomed management to meet with Piper Jaffray »

Meeting to be held in New…

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

  • 21

    Feb

  • 23

    Mar

ERII

Energy Recovery

$7.55

-0.25 (-3.21%)

06:10
02/21/18
02/21
06:10
02/21/18
06:10
Hot Stocks
Energy Recovery awarded $6.2M for desalination projects in Saudi Arabia »

Energy Recovery 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

  • 26

    Feb

  • 15

    May

VLKAY

Volkswagen

$41.00

-1.54 (-3.62%)

06:10
02/21/18
02/21
06:10
02/21/18
06:10
Periodicals
Volkswagen, German union IG Metall reach wage agreement, Reuters reports »

Volkswagen and German…

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

06:09
02/21/18
02/21
06:09
02/21/18
06:09
Recommendations
Inovalon analyst commentary  »

Inovalon guidance leaves…

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

  • 26

    Feb

SLCA

U.S. Silica

$30.75

-0.8 (-2.54%)

06:08
02/21/18
02/21
06:08
02/21/18
06:08
Earnings
U.S. Silica reports Q4 EPS 89c, consensus 54c »

Reports Q4 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

  • 21

    Feb

  • 30

    May

DDAIF

Daimler AG

$86.88

-3.41 (-3.78%)

06:08
02/21/18
02/21
06:08
02/21/18
06:08
Periodicals
Daimler aims to begin serial production of eActros truck in 2021, Reuters says »

Daimler plans to commence…

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

AGI

Alamos Gold

$5.37

-0.25 (-4.45%)

06:07
02/21/18
02/21
06:07
02/21/18
06:07
Hot Stocks
Alamos Gold reports 2017 year-end mineral reserves up 28% »

Alamos Gold reported its…

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

    Feb

INOV

Inovalon

06:06
02/21/18
02/21
06:06
02/21/18
06:06
Earnings
Inovalon sees 2018 EPS 31c-35c, consensus 36c »

Sees 2018 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

  • 26

    Feb

UTHR

United Therapeutics

$134.96

0.03 (0.02%)

06:05
02/21/18
02/21
06:05
02/21/18
06:05
Earnings
United Therapeutics reports Q4 EPS $3.89, consensus $3.89 »

Reports Q4 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

  • 21

    Feb

CLNE

Clean Energy

$1.43

-0.03 (-2.05%)

06:05
02/21/18
02/21
06:05
02/21/18
06:05
Hot Stocks
Clean Energy, HTA announce a new partnership »

The Harbor Trucking…

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

  • 13

    Mar

JELD

Jeld-Wen

$37.64

0.09 (0.24%)

06:03
02/21/18
02/21
06:03
02/21/18
06:03
Earnings
Jeld-Wen sees 2018 revenue growth 8.0%-11.0%, consensus $4.09B »

Sees 2018 adjusted EBITDA…

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

  • 21

    Feb

  • 21

    Feb

  • 28

    Mar

T

AT&T

$36.77

-0.37 (-1.00%)

, CHTR

Charter

$358.77

-6.89 (-1.88%)

06:03
02/21/18
02/21
06:03
02/21/18
06:03
Periodicals
FCC expected to publish reversal of net neutrality rules, Reuters reports »

The FCC is expected to…

T

AT&T

$36.77

-0.37 (-1.00%)

CHTR

Charter

$358.77

-6.89 (-1.88%)

CMCSA

Comcast

$39.47

-0.32 (-0.80%)

CMCSK

Comcast

VZ

Verizon

$48.92

-1.23 (-2.45%)

NFLX

Netflix

$278.55

0.03 (0.01%)

GOOG

Alphabet

$1,102.46

7.66 (0.70%)

GOOGL

Alphabet Class A

$1,103.59

8.09 (0.74%)

AMZN

Amazon.com

$1,468.35

19.66 (1.36%)

FB

Facebook

$176.01

-1.35 (-0.76%)

TWTR

Twitter

$32.84

-0.22 (-0.67%)

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

    Feb

  • 26

    Feb

  • 26

    Feb

  • 26

    Feb

  • 27

    Feb

  • 28

    Feb

  • 28

    Feb

  • 01

    Mar

  • 01

    Mar

  • 05

    Mar

  • 06

    Mar

  • 07

    Mar

  • 18

    Mar

  • 20

    Mar

CVEO

Civeo

$3.34

-0.03 (-0.89%)

06:03
02/21/18
02/21
06:03
02/21/18
06:03
Hot Stocks
Civeo receives approval for pending acquisition of Noralta Lodge »

Civeo announced that it…

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

    Feb

PTEN

Patterson-UTI

$17.96

-0.13 (-0.72%)

06:03
02/21/18
02/21
06:03
02/21/18
06:03
Hot Stocks
Patterson-UTI acquires Superior QC »

Patterson-UTI 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

JELD

Jeld-Wen

$37.64

0.09 (0.24%)

06:01
02/21/18
02/21
06:01
02/21/18
06:01
Earnings
Jeld-Wen reports Q4 adjusted EPS 26c, consensus 42c »

Reports Q4 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

  • 21

    Feb

  • 21

    Feb

  • 28

    Mar

AMZN

Amazon.com

$1,468.35

19.66 (1.36%)

06:00
02/21/18
02/21
06:00
02/21/18
06:00
Periodicals
Amazon tried to buy smart lock maker August Home for $100M, The Information says »

Amazon tried to buy smart…

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

  • 26

    Feb

  • 18

    Mar

VRX

Valeant

$18.58

-0.3 (-1.59%)

, TEVA

Teva

$19.98

-0.92 (-4.40%)

05:55
02/21/18
02/21
05:55
02/21/18
05:55
Recommendations
Valeant, Teva analyst commentary  »

Deutsche sees rifamycin…

VRX

Valeant

$18.58

-0.3 (-1.59%)

TEVA

Teva

$19.98

-0.92 (-4.40%)

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

  • 28

    Feb

  • 13

    May

  • 18

    Jun

  • 27

    Aug

BT

BT Group

$16.24

0.05 (0.31%)

05:49
02/21/18
02/21
05:49
02/21/18
05:49
Upgrade
BT Group rating change  »

BT Group upgraded to Hold…

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

  • 01

    Mar

VLVLY

Volvo AB

$19.42

-0.03 (-0.15%)

05:47
02/21/18
02/21
05:47
02/21/18
05:47
Initiation
Volvo AB initiated  »

Volvo AB initiated with 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

TSE

Trinseo

$78.85

-2.2 (-2.71%)

05:44
02/21/18
02/21
05:44
02/21/18
05:44
Recommendations
Trinseo analyst commentary  »

Trinseo valuation…

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

NBL

Noble Energy

$29.12

2.84 (10.81%)

05:42
02/21/18
02/21
05:42
02/21/18
05:42
Recommendations
Noble Energy analyst commentary  »

Noble Energy 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

  • 26

    Feb

  • 27

    Feb

  • 28

    Feb

05:40
02/21/18
02/21
05:40
02/21/18
05:40
General news
FX Action: USD-CAD clocked a 12-day high »

FX Action: USD-CAD…

PTLA

Portola Pharmaceuticals

$48.22

0.53 (1.11%)

05:34
02/21/18
02/21
05:34
02/21/18
05:34
Recommendations
Portola Pharmaceuticals analyst commentary  »

Portola selloff overdone…

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

  • 28

    Feb

  • 04

    May

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.