Breaking News Instant updates and real-time market news.

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.

TODAY'S FREE FLY STORIES

02:45
02/23/18
02/23
02:45
02/23/18
02:45
General news
FX Update: The dollar has traded moderately higher »

FX Update: The dollar…

02:05
02/23/18
02/23
02:05
02/23/18
02:05
General news
Asian Market Wrap: »

Asian Market Wrap: Asian…

PEG

PSEG

$49.18

0.65 (1.34%)

, COG

Cabot Oil & Gas

$23.88

0.63 (2.71%)

20:25
02/22/18
02/22
20:25
02/22/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

PEG

PSEG

$49.18

0.65 (1.34%)

COG

Cabot Oil & Gas

$23.88

0.63 (2.71%)

HUN

Huntsman

$33.32

-0.27 (-0.80%)

CNK

Cinemark

$39.72

0.1 (0.25%)

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

  • 23

    Feb

  • 23

    Feb

  • 26

    Feb

  • 28

    Feb

  • 05

    Mar

  • 23

    May

DOVA

Dova Pharmaceuticals

$32.78

-0.08 (-0.24%)

19:57
02/22/18
02/22
19:57
02/22/18
19:57
Syndicate
Dova Pharmaceuticals 2.5M share Secondary priced at $32.00 »

JPMorgan, Jefferies and…

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

    May

  • 23

    Feb

SPY

SPDR S&P 500 ETF Trust

$270.40

0.35 (0.13%)

, SPX

S&P 500

19:25
02/22/18
02/22
19:25
02/22/18
19:25
Periodicals
Breaking Periodicals news story on SPDR S&P 500 ETF Trust, S&P 500 »

Treasury Sec.: Trump…

SPY

SPDR S&P 500 ETF Trust

$270.40

0.35 (0.13%)

SPX

S&P 500

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

OMAB

OMA Airports

$41.47

0.33 (0.80%)

19:10
02/22/18
02/22
19:10
02/22/18
19:10
Hot Stocks
OMA Airports reports Q4 passenger traffic up 1.8% »

Total terminal passenger…

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

AIV

Aimco

$38.28

0.28 (0.74%)

19:05
02/22/18
02/22
19:05
02/22/18
19:05
Hot Stocks
Aimco acquires Bent Tree apartment community for $160M »

Apartment Investment and…

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

KDMN

Kadmon

$3.60

-0.16 (-4.26%)

18:49
02/22/18
02/22
18:49
02/22/18
18:49
Hot Stocks
Kadmon updates 'positive' results from Phase 2 study of KD025 in cGVHD »

Kadmon announced updated…

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

ASR

Asur

$182.83

1.49 (0.82%)

18:47
02/22/18
02/22
18:47
02/22/18
18:47
Hot Stocks
Asur reports Q4 passenger traffic down 4% »

ASUR's total…

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

USB

U.S. Bancorp

$54.27

-0.83 (-1.51%)

18:45
02/22/18
02/22
18:45
02/22/18
18:45
Periodicals
Judge criticizes U.S. Bancorp deal to sidestep prosecution, Bloomberg reports »

U.S. District Judge Lewis…

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

  • 06

    Mar

  • 30

    May

KZIA

Kazia Therapeutics

$4.99

0.43 (9.43%)

18:36
02/22/18
02/22
18:36
02/22/18
18:36
Hot Stocks
Kazia granted orphan status for glioblastoma treatment »

The FDA granted Kazia…

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

OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

18:29
02/22/18
02/22
18:29
02/22/18
18:29
Hot Stocks
Obsidian Energy reports 126% reserve replacement of 2017 production »

Obsidian Energy said that…

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

OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

18:27
02/22/18
02/22
18:27
02/22/18
18:27
Hot Stocks
Obsidian Energy names Jay Thornton chairman of the board »

Obsidian Energy 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

SSRM

SSR Mining

$8.33

0.06 (0.73%)

18:27
02/22/18
02/22
18:27
02/22/18
18:27
Earnings
SSR Mining reports Q4 adjusted EPS 2c, consensus 7c »

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

  • 23

    Feb

SSRM

SSR Mining

$8.33

0.06 (0.73%)

18:21
02/22/18
02/22
18:21
02/22/18
18:21
Hot Stocks
SSR Mining sees 2018 gold production 340K gold equivalent ounces »

SSR Mining expect 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

  • 23

    Feb

IVC

Invacare

$17.97

-0.28 (-1.53%)

18:20
02/22/18
02/22
18:20
02/22/18
18:20
Hot Stocks
Invacare names Kathleen Leneghan as CFO, effective immediately »

Invacare announced 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

  • 08

    Mar

SHCAY

Sharp

$8.21

-0.025 (-0.30%)

18:18
02/22/18
02/22
18:18
02/22/18
18:18
Periodicals
Sharp drops legal action against Hisense over TV brands, Nikkei reports »

Sharp has dropped legal…

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

GM

General Motors

$40.91

0.35 (0.86%)

18:17
02/22/18
02/22
18:17
02/22/18
18:17
Periodicals
GM seeks South Korean aid to bolster local unit, Nikkei Asian Review reports »

General Motors is seeking…

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

SJI

South Jersey Industries

$26.34

0.23 (0.88%)

18:14
02/22/18
02/22
18:14
02/22/18
18:14
Earnings
Breaking Earnings news story on South Jersey Industries »

South Jersey Industries…

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

TRTN

Triton International

$28.16

-0.4 (-1.40%)

18:13
02/22/18
02/22
18:13
02/22/18
18:13
Earnings
Triton International reports Q4 adjusted EPS 85c, consensus 80c »

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

  • 23

    Feb

SJI

South Jersey Industries

$26.34

0.23 (0.88%)

18:13
02/22/18
02/22
18:13
02/22/18
18:13
Earnings
Breaking Earnings news story on South Jersey Industries »

South Jersey Industries…

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

PAA

Plains All American

$20.97

-0.43 (-2.01%)

18:09
02/22/18
02/22
18:09
02/22/18
18:09
Hot Stocks
Plains All American's Cactus II pipeline fully committed »

Plains All American…

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

  • 07

    Mar

STX

Seagate

$51.36

-0.08 (-0.16%)

18:03
02/22/18
02/22
18:03
02/22/18
18:03
Initiation
Seagate initiated at Stifel »

Seagate resumed 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

  • 26

    Feb

WDC

Western Digital

$85.53

-0.14 (-0.16%)

18:01
02/22/18
02/22
18:01
02/22/18
18:01
Initiation
Western Digital initiated at Stifel »

Western Digital resumed…

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

HPQ

HP Inc.

$21.39

0.22 (1.04%)

17:56
02/22/18
02/22
17:56
02/22/18
17:56
Hot Stocks
Breaking Hot Stocks news story on HP Inc. »

HP Inc. sees higher…

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

  • 26

    Feb

  • 24

    Apr

  • 30

    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.