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NINE

Nine Energy Services

$23.51

0.0057 (0.02%)

, ADT

ADT Inc.

$12.59

-0.095 (-0.75%)

10:19
02/13/18
02/13
10:19
02/13/18
10:19

On The Fly: Top five analyst initiations

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Nine Energy Services (NINE) was initiated with an Outperform at Wells Fargo and Credit Suisse, a Buy at BofA/Merrill and Goldman Sachs, as well as an Overweight at JPMorgan. 2. ADT Inc. (ADT) was initiated with an Overweight at Morgan Stanley, an Outperform at RBC Capital and Imperial Capital, a Buy at BofA/Merrill, Deutsche Bank, Citi, and Goldman Sachs, and a Neutral at Credit Suisse. 3. Americold Realty Trust (COLD) was initiated with an Outperform at RBC Capital, a Buy at SunTrust and BofA/Merrill, as well as a Neutral at JPMorgan. 4. Novus Therapeutics (NVUS) initiated with a Buy at Ascendiant. 5. National Storage (NSA) initiated with a Neutral at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

NINE

Nine Energy Services

$23.51

0.0057 (0.02%)

ADT

ADT Inc.

$12.59

-0.095 (-0.75%)

COLD

Americold Realty Trust

$17.67

0.14 (0.80%)

NVUS

Novus Therapeutics

$3.12

-0.44 (-12.36%)

NSA

National Storage

$23.66

-0.06 (-0.25%)

  • 26

    Feb

  • 15

    Mar

NINE Nine Energy Services
$23.51

0.0057 (0.02%)

02/13/18
WELS
02/13/18
INITIATION
Target $33
WELS
Outperform
Nine Energy Services initiated with an Outperform at Wells Fargo
Wells Fargo analyst Judson Bailey started Nine Energy Services with an Outperform rating and $33 price target. The analyst believes the company offers an "attractive stage count driven small cap growth story" without the volatility and fear of overcapacity in the pressure pumping market.
02/13/18
FBCO
02/13/18
INITIATION
Target $29
FBCO
Outperform
Nine Energy Services initiated with an Outperform at Credit Suisse
Credit Suisse analyst James Wicklund started Nine Energy Services with an Outperform rating and $29 price target. The analyst expects revenue growth of 37% this year and 23% next year.
02/13/18
BOFA
02/13/18
INITIATION
Target $35
BOFA
Buy
Nine Energy Services initiated with a Buy at BofA/Merrill
BofA/Merrill analyst J.B. Lowe initiated Nine Energy with a Buy and $35 price target saying it has demonstrated it can compete with larger peers in the difficult North American oil service market and has gained market share in key regions and business lines. Lowe expects is strong operational focus and customer service to result in continued market share gains.
02/13/18
JPMS
02/13/18
INITIATION
Target $33
JPMS
Overweight
Nine Energy Services initiated with an Overweight at JPMorgan
JPMorgan analyst Sean Meakim started Nine Energy Services with an Overweight rating and $33 price target. The analyst sees "significant runway for outsized growth" compared to U.S. onshore well counts via share gains, organic and inorganic geographic expansion, and technology scope extensions.
ADT ADT Inc.
$12.59

-0.095 (-0.75%)

02/13/18
MSCO
02/13/18
INITIATION
Target $18
MSCO
Overweight
ADT Inc. initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Toni Kaplan started ADT Inc. with an Overweight rating and $18 price target, given expectations for steady operating growth and accelerating cash flow. ADT trades at a "very compelling" valuation despite being the largest player in the "growing, recession-resilient" home security industry, said Kaplan.
02/13/18
BOFA
02/13/18
INITIATION
Target $16
BOFA
Buy
ADT Inc. initiated with a Buy at BofA/Merrill
BofA/Merrill analyst David Ridley-Lane initiated ADT Inc. with a Buy and $16 price target saying shares trade at a sizeable valuation gap versus peers with strong free cash flow growth that has a long runway.
02/13/18
RBCM
02/13/18
INITIATION
Target $16
RBCM
Outperform
ADT Inc. initiated with an Outperform at RBC Capital
RBC Capital analyst Gary Bisbee initiated ADT with an Outperform rating and a price target of $16, saying the company is a "clear leader in a defensive and growing industry" while offering a profitable and recurring business. The analyst adds that the current valuation on the stock offers a 15% discount to cable/broadband peers, which can narrow over time as the company drives further operational improvements.
02/13/18
FBCO
02/13/18
INITIATION
Target $14
FBCO
Neutral
ADT Inc. initiated with a Neutral at Credit Suisse
Credit Suisse analyst Anjaneya Singh started ADT Inc. with a Neutral rating and $14 price target. The analyst is less optimistic on the company's growth acceleration given "slow-moving industry penetration rates" and the potential threat of new entrants.
COLD Americold Realty Trust
$17.67

0.14 (0.80%)

02/13/18
RHCO
02/13/18
INITIATION
Target $21
RHCO
Buy
Americold Realty Trust initiated with a Buy at SunTrust
SunTrust analyst Ki Bin Kim initiated Americold Realty Trust with a Buy rating and a price target of $21, citing the company's scale and expertise in the temperature-controlled warehouse business positioning it for acquisitions of smaller operators. The analyst also points to the company's recent $60M investment in developing its own in-house inventory management system, which can help to "better identify its most labor intensive customers and charge service fees appropriately".
02/13/18
RBCM
02/13/18
INITIATION
Target $22
RBCM
Outperform
Americold Realty Trust initiated with an Outperform at RBC Capital
RBC Capital analyst Michael Carroll initiated Americold Realty Trust with an Outperform rating and a price target of $22. Carroll says the company offers a "differentiated story in the REIT industry and should be able to utilize its scale in the temperature-controlled warehouse space to drive attractive risk adjusted returns". The analyst also notes attractive valuation for the stock, trading at a 5.9% discount to his estimated NAV.
02/13/18
JPMS
02/13/18
INITIATION
Target $19
JPMS
Neutral
Americold Realty Trust initiated with a Neutral at JPMorgan
JPMorgan analyst Michael Mueller started Americold Realty Trust with a Neutral rating and $19 price target. The analyst sees a number of compelling opportunities elsewhere in the sector but likes the company's longer-term opportunity.
02/13/18
BOFA
02/13/18
INITIATION
Target $20
BOFA
Buy
Americold Realty Trust initiated with a Buy at BofA/Merrill
BofA/Merrill analyst Joshua Dennerlein initiated Americold Realty Trust with a Buy and $20 price target saying it has a leading position in the cold storage market that is an anti cyclical industry, has first mover advantage, high development returns, and several avenues for strong external growth.
NVUS Novus Therapeutics
$3.12

-0.44 (-12.36%)

02/12/18
ASCN
02/12/18
INITIATION
Target $7
ASCN
Buy
Novus Therapeutics initiated with a Buy at Ascendiant
Ascendiant initiated Novus Therapeutics with a Buy and $7 price target.
NSA National Storage
$23.66

-0.06 (-0.25%)

12/19/17
WELS
12/19/17
UPGRADE
Target $30
WELS
Outperform
National Storage upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Todd Stender upgraded National Storage Affiliates Trust to Outperform and raised his price target for the shares to $30 from $26. The analyst sees potential for the company to generate the highest rate of same-store net operating income growth of the entire self-storage REIT group in 2018.
02/13/18
SBSH
02/13/18
INITIATION
Target $24
SBSH
Neutral
National Storage initiated with a Neutral at Citi
Citi analyst Michael Bilerman started National Storage Affiliates with a Neutral rating and $24 price target.

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NOV

National Oilwell

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ROKU

Roku

$44.92

1.62 (3.74%)

, AMZN

Amazon.com

$1,724.06

7.81 (0.46%)

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BHVN

Biohaven Pharmaceutical

$41.61

0.82 (2.01%)

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  • 25

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SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

, SPX

S&P 500

$0.00

(0.00%)

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Periodicals
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SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

SPX

S&P 500

$0.00

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FXI

iShares China Large-Cap ETF

$46.25

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

19:39
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$0.00

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$276.58

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

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S&P 500

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SPDR S&P 500 ETF Trust

$276.58

-0.42 (-0.15%)

FXI

iShares China Large-Cap ETF

$46.25

-0.565 (-1.21%)

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INTU

Intuit

$209.07

0.14 (0.07%)

19:30
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Upgrade
Intuit rating change at Stifel »

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  • 10

    Jul

DPS

Dr Pepper Snapple

$121.77

0.32 (0.26%)

19:26
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Downgrade
Dr Pepper Snapple rating change at Stifel »

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T

AT&T

$32.20

-0.97 (-2.92%)

, NFLX

Netflix

$390.27

-1.56 (-0.40%)

19:24
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Periodicals
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T

AT&T

$32.20

-0.97 (-2.92%)

NFLX

Netflix

$390.27

-1.56 (-0.40%)

03/08/13
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  • 18

    Jun

  • 16

    Jul

TSLA

Tesla

$370.78

12.76 (3.56%)

19:14
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  • 09

    Jul

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    Jul

ZTCOY

ZTE Corp.

$0.00

(0.00%)

19:03
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Periodicals
Senate passes military funding bill that reimposes sanctions on ZTE, CNBC says 

Reference Link

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  • 10

    Sep

PLM

PolyMet Mining

$1.02

0.005 (0.50%)

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VIVE

Viveve

$3.82

0.09 (2.41%)

, ACAD

Acadia

$15.82

0.05 (0.32%)

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$3.82

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Acadia

$15.82

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FLNT

Fluent

$2.90

(0.00%)

CL

Colgate-Palmolive

$63.30

-1.43 (-2.21%)

PAGS

PagSeguro Digital

$32.16

-1.24 (-3.71%)

TELL

Tellurian

$10.87

-0.19 (-1.72%)

DEA

Easterly Government Properties

$20.17

0.14 (0.70%)

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  • 19

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DENN

Denny's

$15.82

0.085 (0.54%)

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  • 19

    Jun

PI

Impinj

$22.25

-0.13 (-0.58%)

18:38
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AAL

American Airlines

$42.44

-0.32 (-0.75%)

18:27
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  • 26

    Jun

FLNT

Fluent

$2.90

(0.00%)

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VSAR

Versartis

$2.40

-0.1 (-4.00%)

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QRVO

Qorvo

$85.79

0.65 (0.76%)

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  • 18

    Jun

  • 19

    Jun

GWB

Great Western

$44.43

0.235 (0.53%)

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WFC

Wells Fargo

$55.08

0.09 (0.16%)

17:29
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  • 18

    Jun

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    Jul

  • 15

    Oct

RYTM

Rhythm Pharmaceuticals

$28.81

-3.8 (-11.65%)

17:27
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  • 25

    Jun

  • 21

    Jun

JWN

Nordstrom

$51.60

1.11 (2.20%)

17:21
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17:21
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GD

General Dynamics

$195.97

0.17 (0.09%)

17:09
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06/18
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17:09
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General Dynamics awarded $225M U.S. Navy contract modification »

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