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SSW

Seaspan

$7.03

-0.01 (-0.14%)

, HUBG

Hub Group

$46.45

1.75 (3.92%)

04:55
02/14/18
02/14
04:55
02/14/18
04:55

Stifel to hold a conference

2018 Transportation & Logistics Conference will be held in Miami Beach on February 12-14 with a welcome reception being held on February 12 followed by company presentations on February 13-14.

SSW

Seaspan

$7.03

-0.01 (-0.14%)

HUBG

Hub Group

$46.45

1.75 (3.92%)

CNI

Canadian National

$75.66

-1.2 (-1.56%)

GATX

GATX

$67.30

0.72 (1.08%)

KNX

Knight-Swift

$48.69

1.04 (2.18%)

UNP

Union Pacific

$128.30

-0.34 (-0.26%)

MATX

Matson

$34.87

0.26 (0.75%)

WERN

Werner

$38.80

2.6 (7.18%)

SBLK

Star Bulk Carriers

$11.17

-0.02 (-0.18%)

ULH

Universal Logistics

$22.45

0.45 (2.05%)

ODP

Office Depot

$3.09

-0.05 (-1.59%)

JCI

Johnson Controls

$37.39

-0.02 (-0.05%)

RRTS

Roadrunner

$4.02

-0.16 (-3.83%)

ECHO

Echo Global

$29.35

-0.1 (-0.34%)

ODFL

Old Dominion

$135.60

3.54 (2.68%)

XPO

XPO Logistics

$92.27

2.07 (2.29%)

MRTN

Marten Transport

$21.75

0.4 (1.87%)

ARII

American Railcar

$37.93

0.06 (0.16%)

GWR

Genesee & Wyoming

$70.41

0.37 (0.53%)

KEX

Kirby

$74.60

1.3 (1.77%)

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    Mar

SSW Seaspan
$7.03

-0.01 (-0.14%)

12/18/17
JEFF
12/18/17
INITIATION
Target $20
JEFF
Buy
Seaspan assumed with a Buy at Jefferies
Jefferies analyst Randy Giveans assumed coverage of Seaspan with a Buy rating and $20 price target. The analyst assumed coverage of 23 energy maritime shipping names saying the industry is "primed for significant improvement." For the first time in 10 years, the analyst expects capacity shortages with demand growth to outpace supply growth in every shipping sector in 2018.
05/01/17
FBCO
05/01/17
DOWNGRADE
Target $6
FBCO
Underperform
Seaspan downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Gregory Lewis downgraded Seaspan to Underperform and lowered its price target to $6 from $7 to reflect dilution from the $50M at-the-market equity offering to pay down debt.
05/02/17
SBSH
05/02/17
UPGRADE
Target $7
SBSH
Neutral
Seaspan upgraded to Neutral from Sell at Citi
Citi analyst Christian Wetherbee upgraded Seaspan to Neutral citing valuation with the stock near his unchanged price target of $7.
01/24/18
GHSC
01/24/18
UPGRADE
Target $10
GHSC
Buy
Seaspan upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Kevin Sterling upgraded Seaspan to Buy with a $10 price target citing improved corporate governance and a new management team that will set a solid foundation for growth. Sterling said management is focused on reducing leverage, increasing unencumbered assets, controlling costs, and preserving the dividend.
HUBG Hub Group
$46.45

1.75 (3.92%)

02/12/18
LOOP
02/12/18
NO CHANGE
Target $52
LOOP
Hold
Hub Group price target raised to $52 from $47 at Loop Capital
Loop Capital analyst Rick Paterson raised his price target on Hub Group to $52 after the company's Q4 earnings aided by lower incentive comp and strong performance in the truck brokerage. Paterson is more concerned with Hub Group's outlook, as its FY18 EPS view only implies 6%-10% growth after normalizing for lower tax rates, which is "underwhelming" given the favorable demand/supply dynamics in many of Hub's businesses. The analyst keeps his Hold rating on Hub Group.
12/14/17
SPHN
12/14/17
NO CHANGE
Target $57
SPHN
Overweight
Hub Group price target raised to $57 from $50 at Stephens
Stephens analyst Justin Long raised his price target on Hub Group to $57 from $50 on the belief that a strong peak season bodes well for its intermodal segment next year while its brokerage business strengthens and its dedicated pipeline remains very active. He maintains an Overweight rating on Hub Group shares.
12/19/17
BARD
12/19/17
UPGRADE
BARD
Outperform
Hub Group upgraded to Outperform from Neutral at Baird
12/19/17
BARD
12/19/17
UPGRADE
Target $55
BARD
Outperform
Hub Group upgraded to Outperform at Baird
As reported previously, Baird analyst Benjamin Hartford upgrade Hub Group to Outperform from Neutral. The analyst noted the share's underperformance, but he sees accelerating truckload/intermodal pricing growth in 2018, which should provide the basis for gross margin expansion and drive material operating leverage and an improving ROIC profile. Hartford raised his price target to $55 from $45 on Hub Group shares.
CNI Canadian National
$75.66

-1.2 (-1.56%)

01/16/18
SUSQ
01/16/18
NO CHANGE
SUSQ
Rail stocks cheaper than they appear, says Susquehanna
Susquehanna analyst Bascome Majors said he likes the rails into 2018, citing the potential for volume-led revisions and possible inflection in free cash flow. He sees the rails as well positioned from multiple cyclical tailwinds, including improved outlooks for core industrial and consumer markets, inflationary pricing, a capacity constrained truckload environment, and a federal infrastructure package that could potentially drive incremental demand. Majors likes CSX (CSX), Union Pacific (UNP), Norfolk Southern (NSC) and Genesee & Wyoming (GWR) shares.
11/30/17
TDSI
11/30/17
UPGRADE
TDSI
Buy
Canadian National upgraded to Buy on valuation at TD Securities
TD Securities analyst Cherilyn Radbourne upgraded Canadian National to Buy from Hold to reflect recent share price weakness. The analyst raised Canadian National's price target to C$115 from C$110 and said it is a relatively low-risk, high-quality industrial company, which should be a core holding.
11/30/17
11/30/17
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. The Medicines Co. (MDCO) upgraded to Outperform from Perform at Oppenheimer with analyst Jay Olson citing the company's "successful transformation" into a pure-play research and development biotech company focused entirely on inclisiran, an siRNA PCSK9 inhibitor. 2. Boston Scientific (BSX) upgraded to Buy from Neutral at BTIG with analyst Sean Lavin saying his prior Neutral rating was based on concerns that Lotus timelines were too aggressive and that the valve may never make it to the U.S. market. 3. Melinta Therapeutics (MLNT) upgraded to Hold from Sell at Gabelli. 4. Canadian National (CNI) upgraded to Buy on valuation at TD Securities with analyst Cherilyn Radbourne citing recent share price weakness. 5. HCA Healthcare (HCA) upgraded to Overweight from Neutral at JPMorgan with analyst Gary Taylor saying he is making a "relatively short-term call" that the currently proposed U.S. corporate tax reform would disproportionately benefit HCA. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/24/18
MACQ
01/24/18
UPGRADE
MACQ
Outperform
Canadian National upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Konark Gupta upgraded Canadian National to Outperform citing relative share underperformance over the past six months and potential further weakness following the 2018 guidance miss. Gupta sees a buying opportunity ahead of catalysts that include a network recovery, a stronger second half, and potential guidance raise.
GATX GATX
$67.30

0.72 (1.08%)

01/04/18
GHSC
01/04/18
INITIATION
GHSC
Neutral
GATX initiated with a Neutral at Seaport Global
Seaport Global analyst Williard Milby initiated GATX with a Neutral saying shares are fairly valued and sees limited catalysts to expand valuation.
06/21/17
BUCK
06/21/17
INITIATION
Target $64
BUCK
Neutral
GATX initiated with a Neutral at Buckingham
Buckingham analyst Matthew Brooklier initiated GATX with a Neutral rating to reflect his somewhat mixed outlook on the U.S freight rail marketplace over the next 12 months, citing existing ample supply of railcars, industry backlog, and the lack of a near-term catalyst that would lead to a reacceleration of demand. Brooklier has a $64 price target on GATX shares.
07/17/17
STFL
07/17/17
UPGRADE
STFL
Hold
GATX upgraded to Hold from Sell at Stifel
Stifel analyst Michael Baudendistel upgraded GATX to Hold and raised its price target to $54 from $50 saying he expects Q2 railcar leasing fundamentals to show stability and does not expect conditions to deteriorate in the near-term.
04/21/17
SPHN
04/21/17
NO CHANGE
Target $60
SPHN
Equal Weight
GATX price target raised to $60 from $51 at Stephens
Stephens analyst Justin Long raised his price target for GATX to $60 from $51 due to the recent improvement in some of the leading indicators for rail car demand, and after Q1 results. The analyst reiterates an Equal Weight rating on the shares.
KNX Knight-Swift
$48.69

1.04 (2.18%)

02/05/18
WOLF
02/05/18
UPGRADE
Target $57
WOLF
Outperform
Knight-Swift upgraded to Outperform from Peer Perform at Wolfe Research
Wolfe Research upgraded Knight-Swift to Outperform with a $57 price target citing valuation and favorable risk/reward.
01/31/18
SPHN
01/31/18
NO CHANGE
Target $60
SPHN
Overweight
Knight-Swift price target raised to $60 from $55 at Stephens
Stephens analyst Brad Delco said Knight-Swift's Q4 report was the "aha" moment investors have been waiting for, given its better than expected revenue, encouraging commentary on rates and signs the merger is going better than planned. The analyst, who has increased confidence following the report, keeps an Overweight rating on the stock and raised his price target to $60 from $55.
02/05/18
LEHM
02/05/18
UPGRADE
Target $55
LEHM
Equal Weight
Knight-Swift upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Brandon Oglenski upgraded Knight-Swift Transportation Holdings to Equal Weight and raised his price target for the shares to $55 from $50. Trucking fundamentals are gaining momentum, and management at Knight-Swift will capitalize, Oglenski tells investors in a research note. He says the first full quarter as a combined company "largely allayed" his prior fears of revenue attrition and diseconomies of scale in trucking. The analyst sees upside potential to consensus estimates for Knight-Swift.
02/08/18
WELS
02/08/18
NO CHANGE
Target $48
WELS
Market Perform
Knight-Swift price target raised to $48 from $36 at Wells Fargo
Wells Fargo raised its price target for Knight-Swift to $48 from $36 on valuation. The analyst reiterates a Market Perform rating on the shares.
UNP Union Pacific
$128.30

-0.34 (-0.26%)

01/26/18
GHSC
01/26/18
DOWNGRADE
GHSC
Neutral
Union Pacific downgraded to Neutral on valuation at Seaport Global
Seaport Global analyst Mark Levin downgraded Union Pacific to Neutral from Buy citing the "very big run" in the stock.
01/26/18
FBCO
01/26/18
NO CHANGE
Target $159
FBCO
Outperform
Union Pacific should be bought on pullback, says Credit Suisse
Credit Suisse analyst Allison Landry said her view on Union Pacific's earnings power in 2018 is unchanged after its Q4 report and she recommends buying the shares on their post-earnings dip. She points to an "overwhelming" number of positive factors, which include an expected acceleration in core pricing, low-single digit volume growth, moderating cost inflation, rising oil prices, a weaker U.S. dollar and more free cash flow due to tax reform. She keeps an Outperform rating on Union Pacific shares, but trimmed her price target to $159 from $166 to account for a higher tax rate.
01/11/18
DAIW
01/11/18
UPGRADE
DAIW
Outperform
Union Pacific upgraded to Outperform from Hold at Daiwa
02/01/18
ARGS
02/01/18
NO CHANGE
Target $155
ARGS
Buy
Union Pacific price target raised to $155 from $130 at Argus
Argus analyst John Eade raised his price target on Union Pacific to $155 and kept his Buy rating, citing the management's recent signal of confidence via the double-digit dividend increase and "aggressive" stock buybacks. The analyst notes that Union Pacific is expected to benefit from the tax reform, while valuation suggests a discount relative to the peer group despite the relative outperformance of the company's stock in recent periods.
MATX Matson
$34.87

0.26 (0.75%)

09/22/17
STFL
09/22/17
NO CHANGE
Target $32
STFL
Buy
Matson at attractive entry point after Hawaii DOT news, says Stifel
After the Hawaii Department of Transportation announced the final plans to move forward with the Kapalama container terminal, Stifel analyst Benjamin Nolan said the important takeaway is that all players involved have stated there is no intention to add meaningful capacity to the Hawaiian trade, just replace old equipment. The analyst, who sees "effectively no risk of oversupply," views Matson shares as at an attractive entry point. He raised his price target on the stock to $32 from $30 while keeping a Buy rating on the shares.
01/29/18
GHSC
01/29/18
UPGRADE
Target $40
GHSC
Buy
Matson upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Kevin Sterling upgraded Matsonto Buy with a $40 price target following news competitor Tote Maritime will not enter the Hawaiian mainland service market. Further, the analyst said the freight environment remains strong and the demand picture is solid.
01/29/18
STFL
01/29/18
NO CHANGE
Target $38
STFL
Buy
Tote announcement removes overhang on Matson, says Stifel
Stifel analyst Benjamin Nolan noted that potential Matson competitor Tote announced they have chosen not to move forward with an entrance into the mainland to Hawaii trade. Citing no change in the competitive landscape in the foreseeable future combined with better China trade, potential improvements in Alaska, lower taxes and possible share buybacks, Nolan raised his price target on Matson shares to $38 from $32 and keeps a Buy rating on the shares.
01/29/18
WELS
01/29/18
UPGRADE
WELS
Market Perform
Matson upgraded to Market Perform from Underperform at Wells Fargo
WERN Werner
$38.80

2.6 (7.18%)

10/16/17
COWN
10/16/17
DOWNGRADE
Target $31
COWN
Underperform
Werner downgraded to Underperform at Cowen
As reported previously, Cowen analyst Jason Seidl downgraded Werner to Underperform from Market Perform citing its rich valuation. He likes the industry environment with demand and rate strength exceeding 2014, but said that now appears to be investors' base expectations, which has moved valuations higher. Seidl has a $31 price target on Werner shares.
01/05/18
UBSW
01/05/18
UPGRADE
UBSW
Buy
Werner upgraded to Buy from Neutral at UBS
01/05/18
01/05/18
UPGRADE
Target $164

Buy
Union Pacific upgraded to Buy at UBS
As previously reported, UBS analyst Thomas Wadewitz upgraded Union Pacific (UNP) to Buy from Neutral after factoring the Tax Cuts & Jobs Act into his forecasts. The analyst, who also cited signs that point toward a favorable volume and pricing environment for freight transports in 2018, also upgraded Werner (WERN) and FedEx (FDX) this morning. He set a $164 price target on Union Pacific shares.
01/05/18
UBSW
01/05/18
UPGRADE
Target $47
UBSW
Buy
Werner upgraded to Buy from Neutral at UBS
As previously reported, UBS analyst Thomas Wadewitz upgraded Werner to Buy from Neutral after factoring the Tax Cuts & Jobs Act into his forecasts. The analyst, who also cited signs that point toward a favorable volume and pricing environment for freight transports in 2018, set a $47 price target on Werner shares.
SBLK Star Bulk Carriers
$11.17

-0.02 (-0.18%)

12/18/17
JEFF
12/18/17
INITIATION
Target $15
JEFF
Buy
Star Bulk Carriers assumed with a Buy at Jefferies
Jefferies analyst Randy Giveans assumed coverage of Star Bulk Carriers with a Buy rating and $15 price target. The analyst assumed coverage of 23 energy maritime shipping names saying the industry is "primed for significant improvement." For the first time in 10 years, the analyst expects capacity shortages with demand growth to outpace supply growth in every shipping sector in 2018.
01/17/18
JPMS
01/17/18
DOWNGRADE
Target $5
JPMS
Neutral
Diana Shipping downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Noah Parquette downgraded Diana Shipping (DSX) to Neutral and lowered his price target for the shares to $5 from $6. The analyst says that with the recovery in dry bulk maturing, he's becoming more selective in his stock picking. Star Bulk Carriers (SBLK) remains Parquette's top pick in dry bulk, with Golden Ocean (GOGL) a "close second."
09/08/17
PART
09/08/17
UPGRADE
PART
Buy
Star Bulk Carriers upgraded to Buy from Hold at Pareto
10/31/17
DBAB
10/31/17
NO CHANGE
Target $5
DBAB
Buy
Deutsche ups dry bulk price targets, most bullish on Star Bulk
Deutsche Bank analyst Amit Mehrotra raised his price targets for the dry bulk shippers he covers. The analyst doubled his price target for Diana Shipping (DSX) to $5.00 from $2.50, upped his target for Navios Maritime Partners (NMM) to $2.50 from $1.25 and for Star Bulk Carriers (SBLK) to $15 from $12. Recent dry bulk rate and asset value trends will be sustained into year-end and beyond, Mehrotra tells investors in a research note. He's most bullish on Star Bulk, where his price target implies 40% of additional upside. Mehrotra keeps Hold ratings on both Diana Shipping and Navios Maritime citing valuation and company-specific concerns.
ULH Universal Logistics
$22.45

0.45 (2.05%)

07/31/17
STFL
07/31/17
UPGRADE
STFL
Buy
Universal Logistics upgraded to Buy from Hold at Stifel
07/31/17
STFL
07/31/17
UPGRADE
STFL
Buy
Universal Logistics upgraded on Q2 results at Stifel
As noted earlier, Stifel upgraded Universal Logistics to Buy from Hold. The firm upgraded the stock after the company reported that the revenue of all five of its segments increased last quarter. Stifel attributes the increases to the improving industrial economy, explaining that the company has significant exposure to "industrial segments such as automotive, building products, metals, heavy machinery, etc." Target to $17 from $16.
ODP Office Depot
$3.09

-0.05 (-1.59%)

10/30/17
JPMS
10/30/17
DOWNGRADE
JPMS
Underweight
Office Depot downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Christopher Horvers downgraded Office Depot (ODP) to Underweight saying the company's sales remain under pressure despite low unemployment and a "solid" economy. Share loss and structural headwinds will only accelerate in the next downturn, Horvers tells investors in a research note. The analyst sees Office Depot as "fighting from behind" against Amazon.com (AMZN) and views the CompuCom acquisition as a "marriage of needs." Horvers does not have a price target for Office Depot shares.
08/10/17
BOFA
08/10/17
NO CHANGE
Target $6
BOFA
Buy
Office Depot turnaround potential keeps BofA/Merrill at Buy
BofA Merrill Lynch noted that Office Depot's revenue declines in both its commercial and retail segments were worse than the firm had anticipated, but the firm remains positive on the company's ability to grow in adjacent categories and services and expects sales declines will moderate through the year. The firm keeps a Buy rating and $6 price target on Office Depot shares.
09/05/17
BOFA
09/05/17
INITIATION
Target $6
BOFA
Buy
Office Depot reinstated with a Buy at BofA/Merrill
BofA/Merrill analyst Elizabeth Suzuki reinstated Michaels with a Buy and a $6 price target saying shares are inexpensive and the company has been executing on its turnaround.
07/31/17
LOOP
07/31/17
NO CHANGE
LOOP
Hold
Loop struggles to see long-term rationale for Office Depot buying Staples stores
After the New York Post said Staples (SPLS) has held talks to sell its 1,500 North American retail stores to Office Depot (ODP), Anthony Chukumba said he believes buying the stores would result in significant synergies for Office Depot and could make near-term sense, but he has a hard time understanding the long-term strategic rationale to "double down" on the secularly declining retail business. Any short-term benefits would be more than offset by the negative long-term implications, believes Chukumba, who keeps a Hold rating on Office Depot shares.
JCI Johnson Controls
$37.39

-0.02 (-0.05%)

01/05/18
01/05/18
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. PriceSmart (PSMT) downgraded to Sector Perform from Outperform at Scotia Howard Weil. 2. Teva (TEVA) downgraded to Underperform from Market Perform at Wells Fargo with analyst David Maris saying Teva shares have now risen approximately 80% from its lows in November. 3. Roku (ROKU) downgraded to Sell from Neutral at Citi with analyst Mark May saying the stock is up 266% from its initial public offering price of $14 just three months ago. 4. Johnson Controls (JCI) downgraded to Neutral from Outperform at Baird with analyst Timothy Wojs saying valuation is fair in light of slower growth, lower free-cash flow conversion, and "choppier" execution. 5. Wingstop (WING) downgraded to Neutral from Outperform at Wedbush with analyst Nick Setyan saying while drivers of "solid" low single-digit same-store sales growth in 2018 exist, current consensus estimates may prove "overly optimistic." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/18/18
COWN
01/18/18
DOWNGRADE
Target $42
COWN
Market Perform
Cowen downgrades Johnson Controls on less attractive risk/reward
Cowen analyst Gautam Khanna downgraded Johnson Controls to Market Perform from Outperform and lowered his price target for the shares to $42 from $44. The company's "poor actual" free cash flow is an overhang on the shares given its high net debt and low free cash flow yield, Khanna tells investors in a research note. He believes the company's balance sheet repair will take time and that risk/reward is less attractive at current share levels.
01/22/18
UBSW
01/22/18
INITIATION
Target $50
UBSW
Buy
Johnson Controls initiated with a Buy at UBS
UBS initiated Johnson Controls with a Buy and $50 price target.
01/18/18
COWN
01/18/18
DOWNGRADE
COWN
Market Perform
Johnson Controls downgraded to Market Perform from Outperform at Cowen
RRTS Roadrunner
$4.02

-0.16 (-3.83%)

ECHO Echo Global
$29.35

-0.1 (-0.34%)

12/14/17
MACQ
12/14/17
DOWNGRADE
Target $29
MACQ
Neutral
Echo Global downgraded to Neutral from Outperform at Macquarie
Macquarie analyst James Clement downgraded Echo Global due to the recent run-up in shares and maintained a $29 price target.
10/30/17
BRRR
10/30/17
NO CHANGE
Target $26
BRRR
Outperform
Echo Global price target raised to $26 from $18 at Barrington
Barrington analyst Kevin Steinke raised his price target for Echo Global Logistics to $26 saying strong execution in a tightening freight market drove upside in Q3. The analyst maintains an Outperform rating on the shares.
02/08/18
BRRR
02/08/18
NO CHANGE
Target $35
BRRR
Outperform
Echo Global price target raised to $35 after earnings at Barrington
Barrington analyst Kevin Steinke believes the truckload market reach an inflection point starting in Q3 that will lead to continuing solid demand for Echo Global throughout 2018. Given the company's solid outlook and the favorable market environment, Steinke raised his price target to $35 from $26 on Echo Global shares and keeps an Outperform rating on the stock.
01/29/18
UBSW
01/29/18
UPGRADE
Target $33
UBSW
Neutral
Echo Global upgraded to Neutral from Sell at UBS
UBS analyst Thomas Wadewitz upgraded Echo Global Logistics to Neutral and raised his price target for the shares to $33 from $24. The says current truckload market fundamentals are "tailor made" for the company.
ODFL Old Dominion
$135.60

3.54 (2.68%)

12/06/17
FBCO
12/06/17
NO CHANGE
Target $142
FBCO
Outperform
Old Dominion price target raised to $142 from $128 at Credit Suisse
Credit Suisse analyst Allison Landry raised her price target for Old Dominion to $142 from $128 on improving fundamentals. The analyst reiterates an Outperform rating on the shares.
12/04/17
12/04/17
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. Old Dominion (ODFL) downgraded to Sell from Hold at Deutsche Bank with analyst Amit Mehrotra saying the shares screen as the most expensive within Transports on a relative value basis. 2. Charter (CHTR) downgraded to Underweight from Equal Weight at Barclays with analyst Kannan Venkateshwar saying he sees cable companies facing "increasing headwinds" in 2018 due to growing competitive pressure in video, slowdown in broadband growth and levered balance sheets. 3. Nokia (NOK) downgraded to Underperform from Neutral at Exane BNP Paribas. 4. Public Storage (PSA) was downgraded to Underperform from Neutral and Corporate Office Properties (OFC) was downgraded to Neutral from Buy at BofA/Merrill. 5. Warrior Met Coal (HCC) downgraded to Sector Perform from Outperform at RBC Capital with analyst Sam Crittenden saying the stock price has run up 76% since the April IPO and now encounters potential near term headwinds of possible lower fourth quarter production based on the execution risk of three long wall moves in the quarter. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/04/17
DBAB
12/04/17
DOWNGRADE
Target $101
DBAB
Sell
Old Dominion downgraded to Sell from Hold at Deutsche Bank
Deutsche Bank analyst Amit Mehrotra downgraded Old Dominion to Sell and cut his price target for the shares to $101 from $119. The shares screen as the most expensive within Transports on a relative value basis, Mehrotra tells investors in a research note. The analyst believes positive earnings revisions will be limited and does not see anything secular to warrant a structurally higher valuation.
10/12/17
FBCO
10/12/17
NO CHANGE
Target $119
FBCO
Outperform
Old Dominion price target raised to $119 from $110 at Credit Suisse
Credit Suisse analyst Allison Landry raised her price target for Old Dominion to $119 from $110 on valuation. The analyst reiterates an Outperform rating on the shares.
XPO XPO Logistics
$92.27

2.07 (2.29%)

02/09/18
COWN
02/09/18
NO CHANGE
Target $100
COWN
Outperform
XPO Logistics price target raised to $100 from $85 at Cowen
Cowen analyst Jason Seidl raised his price target on XPO Logistics to $100 from $85 as he sees further upside for the company. The analyst said its pipeline of new business remains robust and the structural tailwinds remain clear. In addition, he sees 2018 having at least on sizable acquisition, which should act as another catalyst. Seidl reiterated his Outperform rating on XPO Logistics shares.
01/11/18
JPMS
01/11/18
DOWNGRADE
Target $123
JPMS
Neutral
J.B. Hunt downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Brian Ossenbeck downgraded J.B. Hunt (JBHT) to Neutral while raising his price target for the shares to $123 from $120. The analyst sees high rate expectations in the first half of 2018 as well as a "full" valuation when adjusting for the benefits of tax reform. He recommends taking profits at current share levels. Ossenbeck is more positive on Genesee & Wyoming (GWR), XPO Logistics (XPO) and Canadian Pacific (CP). He raised his price target for Overweight-rated XPO to $110 from $85.
01/11/18
FBCO
01/11/18
NO CHANGE
Target $106
FBCO
Outperform
XPO Logistics price target raised to $106 from $79 at Credit Suisse
Credit Suisse analyst Allison Landry raised her price target for XPO Logistics to $106 from $79 as she sees further upside in the stock given its strong organic growth profile and leading position in the fastest-growing areas of transportation and logistics, and M&A optionality. Moreover, the analyst believes it remains undervalued relative to its peers. She reiterates an Outperform rating on the shares.
02/12/18
MSCO
02/12/18
NO CHANGE
Target $125
MSCO
Overweight
XPO Logistics price target raised to $125 from $85 at Morgan Stanley
MRTN Marten Transport
$21.75

0.4 (1.87%)

01/26/18
01/26/18
UPGRADE

Buy
Marten Transport upgraded to Buy on pricing environment at Seaport Global
As previously reported, Seaport Global upgraded Marten Transport to Buy from Neutral with a $30 price target. Coverage was transitioned to analyst Kevin Sterling who believes we are entering a dynamic pricing environment for refrigerated transportation driven by tightening supply and strong demand. Sterling expects Marten's leverage in the model to begin to show benefits in Q2 2018 as the pricing story plays out.
01/26/18
GHSC
01/26/18
UPGRADE
GHSC
Buy
Marten Transport upgraded to Buy from Neutral at Seaport Global
ARII American Railcar
$37.93

0.06 (0.16%)

03/20/17
COWN
03/20/17
UPGRADE
Target $45
COWN
Outperform
American Railcar upgraded to Outperform at Cowen
As previously reported, Cowen analyst Matt Elkott upgraded American Railcar to Outperform from Market Perform citing stable and improving earnings fundamentals, checks showing rising interest in lease fleets, and low valuation. Elkott raised his price target to $45 from $44 on American Railcar shares.
03/20/17
COWN
03/20/17
UPGRADE
COWN
Outperform
American Railcar upgraded to Outperform from Market Perform at Cowen
01/04/18
GHSC
01/04/18
INITIATION
GHSC
Neutral
American Railcar initiated with a Neutral at Seaport Global
Seaport Global analyst Williard Milby initiated American Railcar with a Neutral saying the company's limited backlog provides limited visibility.
06/21/17
BUCK
06/21/17
INITIATION
Target $38
BUCK
Neutral
American Railcar initiated with a Neutral at Buckingham
Buckingham analyst Matthew Brooklier initiated American Railcar with a Neutral rating to reflect his somewhat mixed outlook on the U.S freight rail marketplace over the next 12 months, citing existing ample supply of railcars, industry backlog, and the lack of a near-term catalyst that would lead to a reacceleration of demand. Brooklier has a $38 price target on American Railcar shares.
GWR Genesee & Wyoming
$70.41

0.37 (0.53%)

02/12/18
FBCO
02/12/18
NO CHANGE
Target $80
FBCO
Outperform
Genesee & Wyoming price target lowered to $80 form $94 at Credit Suisse
Credit Suisse analyst Allison Landry lowered her price target for Genesee & Wyoming to $80 from $94 following quarterly results. Although Genesee's 2018 EBIT guidance came in lighter than the analyst had expected, she notes that the benefits of the tight TL market have already begun to materialize in the form of carload conversions and improved core pricing. From an M&A standpoint, Landry points out that management indicated that it is seeing the most opportunities for possible acquisitions in N. America. The analyst reiterates an Outperform rating on the shares.
01/09/18
01/09/18
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. Ormat Technologies (ORA) initiated with a Buy at Guggenheim. 2. Chaparral Energy (CHPE) initiated with an Outperform at Imperial Capital. 3. Genesee & Wyoming (GWR) initiated with an Overweight at JPMorgan. 4. Newmark (NMRK) was initiated with a Buy at Sandler O'Neill, BofA/Merrill, and Goldman Sachs, as well as an Outperform at Wedbush. 5. Casa Systems (CASA) was initiated with an Outperform at Northland, William Blair, and Raymond James, a Buy at Stifel, as well as an Equal Weight at Morgan Stanley and Barclays. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
KEX Kirby
$74.60

1.3 (1.77%)

02/01/18
EVER
02/01/18
UPGRADE
EVER
Outperform
Kirby upgraded to Outperform from In Line at Evercore ISI
01/22/18
WELS
01/22/18
UPGRADE
Target $83
WELS
Outperform
Kirby upgraded to Outperform with $83 price target at Wells Fargo
Wells Fargo analyst Michael Webber upgraded Kirby to Outperform from Market Perform and raised his price target for the shares to $83 from $61. The analyst sees an improving risk/reward profile with the company's inland comps getting "considerably easier" in 2018 while its tax rate could drop to 25% from 37%. The sector has moved "far enough along in its trough that upside potential from even a modest cyclical recovery outweighs downside risks," Webber tells investors in a research note.
01/22/18
WELS
01/22/18
UPGRADE
WELS
Outperform
Kirby upgraded to Outperform from Market Perform at Wells Fargo
01/16/18
GABE
01/16/18
INITIATION
Target $80
GABE
Hold
Kirby initiated with a Hold at Gabelli
Gabelli analyst Justin Bergner started Kirby with a Hold rating and $80 price target.

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BRK.A

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$304,020.01

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$202.76

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AAPL

Apple

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$53.46

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$67.57

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Delta Air Lines

$53.46

0.91 (1.73%)

UAL

United Continental

$67.57

0.87 (1.30%)

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Berkshire Hathaway

$304,020.01

2616.01 (0.87%)

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Berkshire Hathaway

$202.76

2.03 (1.01%)

15:53
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Earnings
Berkshire Hathaway reports Q4 operating EPS $3,338, consensus $2,622.23 »

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BRK.A

Berkshire Hathaway

$304,020.01

2616.01 (0.87%)

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Berkshire Hathaway

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TWX

Time Warner

$94.70

0.33 (0.35%)

, T

AT&T

$36.72

0.25 (0.69%)

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15:44
Periodicals
May be time to consider Time Warner, Barron's says »

Time Warner (TWX) shares…

TWX

Time Warner

$94.70

0.33 (0.35%)

T

AT&T

$36.72

0.25 (0.69%)

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JKHY

Jack Henry

$121.95

1.79 (1.49%)

12:59
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12:59
Conference/Events
Jack Henry management to meet with Stephens »

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PFBC

Preferred Bank

$64.05

0.86 (1.36%)

12:52
02/24/18
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12:52
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12:52
Conference/Events
Preferred Bank management to meet with Stephens »

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R

Ryder

$74.54

0.19 (0.26%)

12:47
02/24/18
02/24
12:47
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12:47
Conference/Events
Ryder management to meet with Stephens »

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ASPU

Aspen Group

$8.85

1.48 (20.08%)

12:29
02/24/18
02/24
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12:29
Conference/Events
Aspen Group to hold a conference call »

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TWTR

Twitter

$32.66

0.55 (1.71%)

, AOBC

American Outdoor Brands

$10.00

-0.12 (-1.19%)

10:47
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10:47
Hot Stocks
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TWTR

Twitter

$32.66

0.55 (1.71%)

AOBC

American Outdoor Brands

$10.00

-0.12 (-1.19%)

RGR

Sturm, Ruger

$49.90

0.9 (1.84%)

X

U.S. Steel

$43.52

0.54 (1.26%)

STLD

Steel Dynamics

$47.47

-0.53 (-1.10%)

NUE

Nucor

$66.94

-0.01 (-0.01%)

AKS

AK Steel

$5.50

-0.12 (-2.14%)

AET

Aetna

$175.55

0.49 (0.28%)

ANTM

Anthem

$235.24

1.56 (0.67%)

CNC

Centene

$100.45

0.96 (0.96%)

CI

Cigna

$194.79

2.89 (1.51%)

HNT

Health Net

HUM

Humana

$271.19

3.38 (1.26%)

MOH

Molina Healthcare

$72.94

1.38 (1.93%)

UNH

UnitedHealth

$230.16

3.07 (1.35%)

WCG

WellCare

$192.05

0.03 (0.02%)

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DBX

Dropbox

, SNAP

Snap

$17.45

-0.06 (-0.34%)

09:49
02/24/18
02/24
09:49
02/24/18
09:49
Periodicals
Dropbox IPO bodes well, Barron's says »

In a follow-up article…

DBX

Dropbox

SNAP

Snap

$17.45

-0.06 (-0.34%)

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IPG

Interpublic Group

$24.24

0.3 (1.25%)

, OMC

Omnicom

$77.31

0.52 (0.68%)

09:42
02/24/18
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Periodicals
Advertising companies cheaper than usual, Barron's says »

After a tumble last year,…

IPG

Interpublic Group

$24.24

0.3 (1.25%)

OMC

Omnicom

$77.31

0.52 (0.68%)

PUBGY

Publicis

$18.82

0.09 (0.48%)

WPP

WPP

$95.30

0.93 (0.99%)

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MSFT

Microsoft

$94.06

2.33 (2.54%)

, INTC

Intel

$47.73

1.93 (4.21%)

09:36
02/24/18
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09:36
Periodicals
Quantum computing soon to be reality, Barron's says »

Microsoft (MSFT) predicts…

MSFT

Microsoft

$94.06

2.33 (2.54%)

INTC

Intel

$47.73

1.93 (4.21%)

NVDA

Nvidia

$245.93

3.78 (1.56%)

MU

Micron

$46.53

2.28 (5.15%)

GOOG

Alphabet

$1,126.79

20.16 (1.82%)

GOOGL

Alphabet Class A

$1,128.09

18.19 (1.64%)

AMZN

Amazon.com

$1,500.00

14.66 (0.99%)

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AMZN

Amazon.com

$1,500.00

14.66 (0.99%)

09:26
02/24/18
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09:26
Periodicals
Many downsides when Amazon's HQ2 comes to town, Barron's says »

As Amazon decides on the…

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BHGE

Baker Hughes

$28.03

-0.01 (-0.04%)

04:55
02/24/18
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04:55
Conference/Events
Baker Hughes management to meet with UBS »

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GE

General Electric

$14.49

-0.01 (-0.07%)

18:49
02/23/18
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18:49
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General Electric could face DOJ action over subprime mortgages, Reuters says »

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BEDU

Bright Scholar

$20.15

0.34 (1.72%)

18:30
02/23/18
02/23
18:30
02/23/18
18:30
Syndicate
Bright Scholar files to sell 10M American Depositary Shares »

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JNJ

Johnson & Johnson

$132.02

2.11 (1.62%)

, CMD

Cantel Medical

$115.34

2.45 (2.17%)

18:03
02/23/18
02/23
18:03
02/23/18
18:03
Periodicals
J&J sterilization unit draws bids from Cantel Medical, Medtronic, Bloomberg says »

Cantel Medical (CMD) and…

JNJ

Johnson & Johnson

$132.02

2.11 (1.62%)

CMD

Cantel Medical

$115.34

2.45 (2.17%)

MDT

Medtronic

$80.39

-0.02 (-0.02%)

KKR

KKR

$21.96

0.18 (0.83%)

CG

Carlyle Group

$23.15

-0.1 (-0.43%)

MMM

3M

$237.02

1.02 (0.43%)

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AET

Aetna

$175.55

0.49 (0.28%)

, CVS

CVS Health

$68.16

0.16 (0.24%)

18:00
02/23/18
02/23
18:00
02/23/18
18:00
Hot Stocks
Aetna: CVS deal part of long-term solution toward value-based system »

According to prepared…

AET

Aetna

$175.55

0.49 (0.28%)

CVS

CVS Health

$68.16

0.16 (0.24%)

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MYND

MYnd Analytics

$2.60

0.0301 (1.17%)

17:56
02/23/18
02/23
17:56
02/23/18
17:56
Syndicate
Breaking Syndicate news story on MYnd Analytics »

MYnd Analytics files to…

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MYND

MYnd Analytics

$2.60

0.0301 (1.17%)

17:55
02/23/18
02/23
17:55
02/23/18
17:55
Syndicate
Breaking Syndicate news story on MYnd Analytics »

MYnd Analytics files to…

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