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BDRBF

Bombardier

$2.55

(0.00%)

, ERJ

Embraer

$24.13

-0.34 (-1.39%)

19:08
01/23/18
01/23
19:08
01/23/18
19:08

Bombardier invokes Embraer in Boeing trade dispute, Globe and Mail says

Bombardier (BDRBF) says that Embraer's (ERJ) E190-E2 jet should be considered akin to its C-Series jet that Boeing (BA) has filed a petition against, saying the C-Series low prices hurt its business, according to the Globe and Mail. The International Trade Commission, or ITC, is deciding whether or not a 300% tariff should be imposed on Bombardier because of subsidies offered by the Canadian government that allowed the aircraft maker to offer such low prices to Delta (DAL). Embraer's E190-E2 is not considered in the 100-150 passenger seat market that the ITC is considering because of its limited range, but Bombardier argues that the range is actually better than advertised.Reference Link

BDRBF

Bombardier

$2.55

(0.00%)

ERJ

Embraer

$24.13

-0.34 (-1.39%)

BA

Boeing

$335.59

-2.41 (-0.71%)

DAL

Delta Air Lines

$59.93

-0.2 (-0.33%)

  • 31

    Jan

  • 21

    Feb

BDRBF Bombardier
$2.55

(0.00%)

03/16/17
DESJ
03/16/17
UPGRADE
DESJ
Buy
Bombardier upgraded to Buy from Hold at Desjardins
Desjardins analyst Benoit Poirier upgraded Bombardier to Buy with a price target of C$2.75, citing expectations for a "gradual re-rating" as investors gain confidence.
11/21/17
JPMS
11/21/17
UPGRADE
JPMS
Overweight
Bombardier upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Seth Seifman upgraded Bombardier to Overweight citing increased confidence in the company's turnaround and potential for upside over the next 12-18 months if it can bring the Global 7000 into service successfully.
10/17/17
FBCO
10/17/17
NO CHANGE
FBCO
Outperform
Bombardier, Airbus CSeries venture a net positive for both, says Credit Suisse
Credit Suisse analyst Robert Spingarn views Airbus (EADSY)/Bombardier (BDRBF) CSeries venture as a net positive for both players. Bombardier should enjoy higher sales and lower costs than it would have captured alone, he contends, adding that the deal also offers a solution to the CSeries trade dispute with Boeing (BA), with the establishment of a second final assembly line at Airbus' Alabama facility to serve U.S. customers. For Airbus, Spingarn sees this deal as a marginal positive, as it expands its product range with a good aircraft platform at a relatively small cost. He reiterates an Outperform rating for Bombardier, while raising his price target on the shares to C$3.50 from C$3.25.
04/07/17
GSCO
04/07/17
UPGRADE
GSCO
Buy
Bombardier upgraded to Buy from Neutral at Goldman
Goldman Sachs analyst Noah Poponak upgraded Bombardier to Buy with a C$3 price target.
ERJ Embraer
$24.13

-0.34 (-1.39%)

12/21/17
WELS
12/21/17
NO CHANGE
WELS
A Boeing acquisition of Embraer would be negative for Textron, says Wells Fargo
10/31/17
JPMS
10/31/17
DOWNGRADE
Target $21
JPMS
Neutral
Embraer downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Carlos Louro downgraded Embraer to Neutral and lowered his price target for the shares to $21 from $25. The analyst sees a more challenging margin environment for 2018 and 2019 following the company's lower than expected guidance. He assumes lower operational margins for all segments going forward.
10/31/17
10/31/17
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. Cypress Semiconductor (CY) downgraded to Equal Weight from Overweight at Barclays WITH analyst Blayne Curtis saying he believes most of the catalysts have played out and that additional margin leverage should get tougher from here. 2. Dominion Midstream (DM) was downgraded to Sector Perform from Outperform at RBC Capital and to Neutral from Buy at Mizuho. 3. Embraer (ERJ) downgraded to Neutral from Overweight at JPMorgan with analyst Carlos Louro saying he sees a more challenging margin environment for 2018 and 2019 following the company's lower than expected guidance. 4. H.B. Fuller (FUL) downgraded to Neutral from Buy at Citi with analyst Eric Petrie saying the Royal acquisition close is priced in at current share levels. 5. Iconix Brand (ICON) downgraded to Neutral from Buy at Roth Capital with analyst Dave King citing the company's announcement that its DanskinNow brand will not be renewed at Wal-Mart (WMT) beyond January 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/22/17
JEFF
12/22/17
NO CHANGE
Target $312
JEFF
Buy
Jefferies sees possible Embraer deal modestly accretive to Boeing
Jefferies analyst Sheila Kahyaoglu estimates an acquisition of Embraer (ERJ), done at a 40% premium, would be 2%, or 20c, accretive to Boeing's (BA) core earnings per share in 2020. While the transaction would be strategically beneficial for Boeing's commercial aircraft and services portfolio, it is not clear what restrictions the Brazilian government would place on any combination, Kahyaoglu tells investors in a research note. She has a Buy rating on Boeing with a $312 price target.
BA Boeing
$335.59

-2.41 (-0.71%)

01/16/18
SBSH
01/16/18
NO CHANGE
Target $380
SBSH
Buy
Boeing price target raised to $380 from $305 at Citi
Citi analyst Jonathan Raviv raised his price target for Boeing to $380 and keeps a Buy rating on the shares. The new price target reflects the analyst's "best guess" at tax reform as well as a "richer" valuation. Boeing is still yielding 6% free cash flow on 2018 estimates, which Raviv views as "cheap" versus peers at 4%-6%.
01/16/18
BARD
01/16/18
NO CHANGE
Target $433
BARD
Outperform
Boeing price target raised to $433 from $380 at Baird
Baird analyst Peter Arment raised his price target on Boeing to $433 from $380 based on his new free cash flow estimates, its valuation within historical multiples, and expectations for a solid Q4 report with guidance enhanced by tax reform. Arment reiterated his Outperform rating on Boeing shares.
01/16/18
WOLF
01/16/18
UPGRADE
WOLF
Outperform
Boeing upgraded to Outperform from Peer Perform at Wolfe Research
01/18/18
GHSC
01/18/18
NO CHANGE
Target $430
GHSC
Buy
Boeing price target raised to $430 from $330 at Seaport Global
Seaport Global analyst Josh Sullivan raised his price target on Boeing to $430 citing an attractive price-to-free cash flow valuation of 17-times vs. 23-to-30 times among mega-cap aerospace industrial peers. Sullivan contends that Boeing's execution on Q4 deliveries and 2017 orders, strategic direction, Boeing Global Services counter-cyclical growth and tax benefits will allow it to close the valuation gap during 2018. The analyst keeps his Buy rating, adding that air travel continues to outperform the consensus view and will remain a key driver for aircraft orders.
DAL Delta Air Lines
$59.93

-0.2 (-0.33%)

01/10/18
STFL
01/10/18
NO CHANGE
STFL
Delta, American Airlines named as top 2018 airline picks at Stifel
Stifel analyst Joseph DeNardi noted that U.S. airlines face another year of elevated capacity growth in 2018, seeing domestic supply as likely to increase 5%-5.5%. Based on his view of a noticeable shift in ULCC capacity away from legacy hubs and into non-hub markets and "surprising" competitive capacity trends, he selects Delta (DAL) and American (AAL) as his top two picks in the space for 2018. However, DeNardi also highlighted United (UAL) as his top trading idea to start 2018, as he sees the stock being poised to benefit from improving investor sentiment.
01/04/18
MSCO
01/04/18
NO CHANGE
MSCO
Morgan Stanley constructive on U.S. Airlines early in 2018
Morgan Stanley analyst Rajeev Lalwani said he is taking a constructive stance on U.S. Airlines early in 2018, as he believes many of the negatives related to capacity, competition and costs are known by the market but these create upward pressure around pricing and the benefits from tax reform that are not yet in consensus EPS and FCF forecasts. He believes the "quality plays," which he identifies as Overweight-rated Alaska Air (ALK), Delta (DAL) and Southwest (LUV), "continue to make the most sense for investors." Other publicly traded airline operators include Allegiant Travel (ALGT), Hawaiian Holdings (HA), JetBlue (JBLU), Spirit Airlines (SAVE) United Continental (UAL) and American Airlines (AAL).
12/18/17
SPHN
12/18/17
NO CHANGE
Target $67
SPHN
Overweight
Delta Air Lines price target raised to $67 from $61 at Stephens
Stephens analyst Jack Atkins raised his price target for Delta Air Lines to $67 from $61 following the company's annual Investors Day. With a solid revenue base, a renewed focus on expense control, a network of global partners and a superior brand and Domestic network, the analyst continues to view Delta Air Lines as a best-in-class airline. He reiterates an Overweight rating on the shares.
12/21/17
DBAB
12/21/17
UPGRADE
Target $58
DBAB
Buy
Spirit Airlines upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Michael Linenberg upgraded Spirit Airlines (SAVE) to Buy and raised his price target for the shares to $58 from $40. The analyst believes Airline underperformers in 2017 could see the most upside in 2018 as their prospects improve. He raised his estimates for the sector to reflect tax reform and upgraded both Spirit and Allegiant Travel (ALGT) to Buy. Delta Air Lines (DAL) and Southwest (LUV) lead Linenberg's list of names to own in 2018.

TODAY'S FREE FLY STORIES

MLNX

Mellanox

$84.85

0.9 (1.07%)

08:45
07/18/18
07/18
08:45
07/18/18
08:45
Recommendations
Mellanox analyst commentary  »

Mellanox price target…

03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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ERJ

Embraer

$22.30

0.57 (2.62%)

, SHOP

Shopify

$169.01

3.69 (2.23%)

08:45
07/18/18
07/18
08:45
07/18/18
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

ERJ

Embraer

$22.30

0.57 (2.62%)

SHOP

Shopify

$169.01

3.69 (2.23%)

AAOI

Applied Optoelectronics

$47.39

-1.31 (-2.69%)

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

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  • 18

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08:45
07/18/18
07/18
08:45
07/18/18
08:45
General news
Treasury Action: yields stumbled into the housing starts dive »

Treasury Action: yields…

08:45
07/18/18
07/18
08:45
07/18/18
08:45
General news
U.S. housing starts plunged 12.3% to 1.173 M in June »

U.S. housing starts…

08:45
07/18/18
07/18
08:45
07/18/18
08:45
General news
FX Action: The dollar »

FX Action: The dollar…

ASML

ASML

$204.86

4.82 (2.41%)

08:43
07/18/18
07/18
08:43
07/18/18
08:43
Earnings
ASML sees Q3 net sales EUR2.7B-EUR2.8B »

ASML expects Q3 net sales…

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03/06/13
Citigroup
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  • 18

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VR

Validus

$67.99

0.35 (0.52%)

08:43
07/18/18
07/18
08:43
07/18/18
08:43
Hot Stocks
Breaking Hot Stocks news story on Validus »

Validus trading halted,…

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ASML

ASML

$204.86

4.82 (2.41%)

08:42
07/18/18
07/18
08:42
07/18/18
08:42
Earnings
ASML reports Q2 EPS EUR1.37 vs. EUR1.26 a year ago »

Reports Q2 net sales…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

IBKR

Interactive Brokers

$64.65

1.93 (3.08%)

08:40
07/18/18
07/18
08:40
07/18/18
08:40
Recommendations
Interactive Brokers analyst commentary  »

Interactive Brokers price…

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ICE

IntercontinentalExchange

$75.62

0.43 (0.57%)

08:39
07/18/18
07/18
08:39
07/18/18
08:39
Hot Stocks
IntercontinentalExchange completes acquisition of Chicago Stock Exchange »

IntercontinentalExchange…

03/08/13
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MS

Morgan Stanley

$49.20

0.29 (0.59%)

08:38
07/18/18
07/18
08:38
07/18/18
08:38
Hot Stocks
Morgan Stanley says 2018 'appears to be a transition year' »

Says CCAR test becoming…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 18

    Jul

SLP

Simulations Plus

$17.40

(0.00%)

08:38
07/18/18
07/18
08:38
07/18/18
08:38
Hot Stocks
Simulations Plus enters research collaboration with European consortium »

Simulations Plus…

03/08/13
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03/06/13
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03/06/13
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INTU

Intuit

$216.47

2.06 (0.96%)

, AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

08:37
07/18/18
07/18
08:37
07/18/18
08:37
Hot Stocks
Breaking Hot Stocks news story on Intuit, Amazon.com »

Intuit says moving to…

INTU

Intuit

$216.47

2.06 (0.96%)

AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

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

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  • 18

    Jul

  • 26

    Jul

  • 16

    Aug

INTU

Intuit

$216.47

2.06 (0.96%)

08:36
07/18/18
07/18
08:36
07/18/18
08:36
Earnings
Intuit sees FY18 adjusted EPS $5.51-$5.53, consensus $5.53 »

Sees FY18 revenue…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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CSX

CSX

$64.42

0.46 (0.72%)

08:36
07/18/18
07/18
08:36
07/18/18
08:36
Recommendations
CSX analyst commentary  »

CSX price target raised…

03/08/13
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03/06/13
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03/06/13
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  • 26

    Aug

INTU

Intuit

$216.47

2.06 (0.96%)

08:35
07/18/18
07/18
08:35
07/18/18
08:35
Earnings
Intuit sees Q4 adjusted EPS 22c-24c, consensus 23c »

Sees Q4 revenue…

03/08/13
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03/06/13
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03/06/13
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TWTR

Twitter

$44.70

0.45 (1.02%)

, AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

08:35
07/18/18
07/18
08:35
07/18/18
08:35
Downgrade
Twitter, Amazon.com, Facebook, Apple, Alphabet Class A, Alphabet, eBay rating change  »

Macquarie sees mixed…

TWTR

Twitter

$44.70

0.45 (1.02%)

AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

FB

Facebook

$209.99

2.66 (1.28%)

AAPL

Apple

$191.55

0.67 (0.35%)

GOOGL

Alphabet Class A

$1,213.65

17.07 (1.43%)

GOOG

Alphabet

$1,198.81

14.57 (1.23%)

EBAY

eBay

$37.82

0.08 (0.21%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 18

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  • 08

    Aug

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  • 18

    Sep

  • 28

    Oct

LTXB

LegacyTexas Financial

$39.01

-0.04 (-0.10%)

08:35
07/18/18
07/18
08:35
07/18/18
08:35
Upgrade
LegacyTexas Financial rating change  »

LegacyTexas Financial…

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  • 18

    Jul

  • 24

    Sep

FHN

First Horizon

$17.18

-0.715 (-4.00%)

08:35
07/18/18
07/18
08:35
07/18/18
08:35
Downgrade
First Horizon rating change  »

First Horizon downgraded…

03/08/13
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03/06/13
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SYF

Synchrony

$32.82

0.27 (0.83%)

, MA

MasterCard

$206.31

2.26 (1.11%)

08:34
07/18/18
07/18
08:34
07/18/18
08:34
Hot Stocks
Synchrony, Belk launch co-branded credit card »

Synchrony (SYF) and Belk…

SYF

Synchrony

$32.82

0.27 (0.83%)

MA

MasterCard

$206.31

2.26 (1.11%)

03/08/13
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  • 26

    Jul

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  • 06

    Aug

  • 08

    Aug

INTU

Intuit

$216.47

2.06 (0.96%)

, AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

08:34
07/18/18
07/18
08:34
07/18/18
08:34
Hot Stocks
Intuit announces sale of data center in Quincy, WA, to H5 Data Centers »

Intuit (INTU) announced…

INTU

Intuit

$216.47

2.06 (0.96%)

AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 18

    Jul

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    Jul

  • 16

    Aug

GNK

Genco Shipping

$14.86

0.365 (2.52%)

08:33
07/18/18
07/18
08:33
07/18/18
08:33
Hot Stocks
Genco Shipping to acquire two 2016-built capesize vessels for approx. $98M »

Genco Shipping &…

03/08/13
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03/06/13
Citigroup
03/06/13
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ERIC

Ericsson

$7.64

-0.015 (-0.20%)

08:33
07/18/18
07/18
08:33
07/18/18
08:33
Technical Analysis
Technical Take: Ericsson moves sharply higher after results »

The shares were last up…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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TEUM

Pareteum

$2.32

-0.03 (-1.28%)

08:33
07/18/18
07/18
08:33
07/18/18
08:33
Hot Stocks
Pareteum awarded $10M contract from Asian mobile and cryptocurrency company »

Pareteum's Pareteum…

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03/06/13
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  • 06

    Aug

GWRS

Global Water Resources

$9.31

-0.03 (-0.32%)

08:32
07/18/18
07/18
08:32
07/18/18
08:32
Syndicate
Global Water Resources 1.5M share Spot Secondary priced at $9.25 »

Roth Capital acted as…

03/08/13
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03/06/13
Citigroup
03/06/13
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  • 18

    Jul

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